LESTABEL
ActiveSummary
LESTABEL has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€83,179) and a net result of -€24,556. Equity is shrinking by about 73% per year across the filed financial years. Its solvency ranks better than 13% of 17,093 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
- Equity
- -€83,179
- Loss
- -€24,556
Why 54raises riskCapped at 59: negative equityLiquidity: current ratio 0.11, cash €2,480Negative equity -€83,179lowers riskSize: total assets €841,545Sector: Real estate activities (NACE 68)Show the evidence
Checked score
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 13% on solvency, 53% on liquidity, 27% on profitability and 13% on growth.
The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 3 accounts on average 14 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Weakest financial yearnet -€61,457
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result returns to profit in 2025: €6,349 after a loss of €41,960 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 1,251 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 96.6% are still going.
- Small
- 2 to 5 years old
- negative equity
- a small loss
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,251 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €21,310 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €15,048 | €54,684 | ▲ 263% |
| Other operating charges640/8 | - | €2,853 | €13,305 | ▲ 366% |
| Gross operating margin9900 | -€2,165 | -€24,059 | €74,338 | - |
| Operating profit (loss)9901 | -€2,165 | -€41,960 | €6,349 | - |
| Financial charges65/66B | €1 | €19,498 | €30,905 | ▲ 58.5% |
| Recurring financial charges65 | €1 | €19,498 | €30,905 | ▲ 58.5% |
| Profit (loss) for the period before taxes9903 | -€2,166 | -€61,457 | -€24,556 | ▲ 60.0% |
| Profit (loss) for the period9904 | -€2,166 | -€61,457 | -€24,556 | ▲ 60.0% |
| Profit (loss) for the period to be appropriated9905 | -€2,166 | -€61,457 | -€24,556 | ▲ 60.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €82,484 | €889,892 | €841,545 | ▼ 5.4% |
| Fixed assets21/28 | - | €886,277 | €835,634 | ▼ 5.7% |
| Tangible fixed assets22/27 | - | €886,277 | €835,634 | ▼ 5.7% |
| Land and buildings22 | - | €886,277 | €835,634 | ▼ 5.7% |
| Current assets29/58 | €82,484 | €3,614 | €5,911 | ▲ 63.6% |
| Amounts receivable within one year40/41 | €81,287 | €508 | €3,431 | ▲ 575% |
| Other amounts receivable41 | €81,287 | €508 | €3,431 | ▲ 575% |
| Cash at bank and in hand54/58 | €1,197 | €3,106 | €2,480 | ▼ 20.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €82,484 | €889,892 | €841,545 | ▼ 5.4% |
| Equity10/15 | €2,834 | -€58,623 | -€83,179 | ▼ 41.9% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€2,166 | -€63,623 | -€88,179 | ▼ 38.6% |
| Amounts payable17/49 | €79,650 | €948,515 | €924,724 | ▼ 2.5% |
| Amounts payable after more than one year17 | €79,650 | €899,172 | €870,434 | ▼ 3.2% |
| Financial debts170/4 | €79,650 | €899,172 | €870,434 | ▼ 3.2% |
| Amounts payable within one year42/48 | - | €49,343 | €54,290 | ▲ 10.0% |
| Current portion of amounts payable after more than one year42 | - | €38,264 | €42,780 | ▲ 11.8% |
| Trade debts44 | - | €8,465 | €828 | ▼ 90.2% |
| Suppliers440/4 | - | €8,465 | €828 | ▼ 90.2% |
| Taxes, remuneration and social security45 | - | €2,614 | €10,608 | ▲ 306% |
| Taxes450/3 | - | €2,614 | €10,608 | ▲ 306% |
| Other amounts payable47/48 | - | - | €75 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,166 | -€61,457 | -€24,556 | ▲ 60.0% |
| + Depreciation and write-downs630 | - | €15,048 | €54,684 | ▲ 263% |
| Operating cash flow (approximation) | -€2,166 | -€46,409 | €30,128 | - |
| Investment in fixed assets (approximation) | - | - | -€4,041 | - |
| Change in cash | - | €1,909 | -€626 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 29-07-2026 | 2026-00346042 |
| 31-12-2024 | micro format | 28-07-2025 | 2025-00315149 |
| 31-12-2023 | micro format | 16-09-2024 | 2024-00461935 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| LESTABEL Bram Theo |
|
| SINONQUEL Katrien |
|
Owners and capital
Capital and shareholders
- LESTABEL Bram Theo 50 shares (50%) · €2,500
- SINONQUEL Katrien 50 shares (50%) · €2,500
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 16-10-2023 Incorporation · €5,000 · 100 shares
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
16-10
Gazette deed
IncorporationAppointments: LESTABEL Bram Theo (director) and SINONQUEL Katrien (director) · Registered office clause · Board rule14 facts ▸
- Registered office clause, “2811 Mechelen (Leest),Kouter 114” (deed in Dutch)
- Board rule, 2
- Director appointment, LESTABEL Bram Theo (director (not named in the articles))
- Director appointment, SINONQUEL Katrien (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
- Founder, LESTABEL Bram Theo
- Founder, SINONQUEL Katrien
- Incorporation, “LESTABEL” (deed in Dutch)
- Founding capital, €5,000
- Other provision, “financieel plan, verantwoording bedrag aanvangsvermogen” (deed in Dutch)
- Other provision, “aansprakelijkheid oprichter bij faillissement, faillissement binnen drie jaar na oprichting” (deed in Dutch)
- Bank account, “ING bank, bijzondere rekening namens vennootschap in oprichting” (deed in Dutch)
- +2 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12020B0381/00P002 | Flanders | 523 m² | 1 · 206 m² | 9.8 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het uitvoeren van administratieve opdrachten voor diverse partijen evenals het uitvoeren van managementopdrachten, als het verlenen van…” (deed in Dutch)
4 activities (deed in Dutch)
- Het uitvoeren van administratieve opdrachten voor diverse partijen evenals het uitvoeren van managementopdrachten, als het verlenen van consulting en adviezen.
- Raadgever en consulent in het algemeen, dit zowel voor eigen rekening als voor rekening van derden. Het geven van advies en raadgeving in het algemeen, uitvoeren van studies.
- Adviesbureau voor bedrijfsbeheer en bedrijfsvoering. Verlenen van advies en hulp aan het bedrijfsleven en de overheid op het gebied van planning, organisatie, efficiëntie en toezicht. Het verschaffen van informatie aan de bedrijfsleiding enzovoort. Het berekenen van kosten en baten van de voorgestelde maatregelen in verband met planning, organisatie, efficiëntie, enzovoort.
- Het beheer uitoefenen over alle roerende en onroerende goederen die haar toebehoren, alsook alle bewerkingen doen van roerende en onroerende aard, waaronder het verwerven en uitbouwen van een onroerend vermogen, het aangaan van financieringen, evenals de goederen bezwaren met hypotheken en zakelijke rechten.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- LESTABEL
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- One provision in the deed
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, geen wijziging taal statuten vereist” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Natuurlijke personen of rechtspersonen, bestuursorgaan” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Elke overdracht onder levenden ten bezwarende of kosteloze titel,vrijwillig of gedwongen,uitsluiting en uittreding,in vruchtgebruik,blote of…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Tuesday of June
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed