LESTCO
ActiveSummary
LESTCO has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.1m and a net result of €49,687. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 52% of 1038 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-3
Solvency73▼-4
Growth35=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €400,000 at 30 days acceptable
Liquidity tight (current ratio 1.05 against 0.97 in 2024; short-term debt: 42.1% and cash: 0.2% of total assets), and 52.2% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47.8%
Return on assets
0.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
26 d late
2023
28 d late
2022
31 d late
2021
29 d late
2020
19 d early
2019
20 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#5 company by equity in Fleurus, Manufacturing sector#6 company by total assets in Fleurus, Manufacturing sector
Turnover
€3.4m▼ 41.3%
2019 · €5.8m
EBIT margin
1.2%▼ 2.7pp
2019 · 3.9%
Net result
€49,687▼ 83.2%
2024 · €295,589
Working capital
€269,238
2024 · -€138,324
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result-€107,060€38,359€849,278▲ 2,114%€327,036▼ 61.5%€83,017▼ 74.6%
Net result-€152,493€11,958€826,025▲ 6,808%€295,589▼ 64.2%€49,687▼ 83.2%
EBIT margin
Equity€5.0m▲ 45.2%€5.0m▼ 0.1%€5.8m▲ 16.2%€6.1m▲ 4.8%€6.1m▲ 0.6%
Total assets€12.0m▲ 10.7%€12.6m▲ 5.1%€13.0m▲ 3.6%€11.8m▼ 9.9%€12.8m▲ 9.0%
Debt€6.9m▲ 23.9%€7.5m▲ 8.9%€7.2m▼ 4.7%€5.6m▼ 21.8%€6.6m▲ 18.1%
Working capital-€2.3m▼ 10.5%-€1.8m▲ 21.8%-€1.1m▲ 41.4%-€138,324▲ 86.9%€269,238
Staff (FTE)31.5▼ 4.5%29.2▼ 7.3%30▲ 2.7%28.8▼ 4.0%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 75% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.8m
Fixed assets
€7.2m ▼ 2.0%
Current assets
€5.7m ▲ 26.8%
Equity and liabilities €12.8m
Equity
€6.1m ▲ 0.6%
Provisions
€52,231 ▼ 4.1%
Debt
€6.6m ▲ 18.1%
Debt's share of the balance-sheet total rises from 47.8% to 51.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€425,281▼
2024 · €662,388
Cash flow
€391,951▼
2024 · €630,940
Current ratio
1.05▲
2024 · 0.97
Quick ratio
0.97▲
2024 · 0.89
Debt to equity
1.09▲
2024 · 0.92
ROE
0.8%▼
2024 · 4.9%
ROA
0.4%▼
2024 · 2.5%
Interest coverage
8.79▼
2024 · 12.76
Debt ≤ 1 year
€5.4m▲
2024 · €4.6m
Debt > 1 year
€1.1m▲
2024 · €939,267
Income taxes
€15
Staff costs
€825,156▲
2024 · €817,172
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €447,700 | - | - | - |
| Remuneration, social security and pensions62 | €633,678 | €627,969 | €941,122 | €817,172 | €825,156 | ▲ 1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €519,339 | €431,336 | €415,484 | €335,351 | €342,264 | ▲ 2.1% |
| Other operating charges640/8 | €65,650 | €73,482 | €272,483 | €76,544 | €157,480 | ▲ 106% |
| Non-recurring operating charges66A | - | - | €17,800 | - | - | - |
| Gross operating margin9900 | €1.1m | €1.2m | €2.5m | €1.6m | €1.4m | ▼ 9.5% |
| Operating profit (loss)9901 | -€107,060 | €38,359 | €849,278 | €327,036 | €83,017 | ▼ 74.6% |
| Financial income75/76B | €45,966 | €16,420 | €16,767 | €17,714 | €12,863 | ▼ 27.4% |
| Recurring financial income75 | €45,966 | €16,420 | €16,767 | €17,714 | €12,863 | ▼ 27.4% |
| Financial charges65/66B | €93,039 | €42,822 | €43,874 | €51,895 | €48,384 | ▼ 6.8% |
| Recurring financial charges65 | €93,039 | €42,822 | €43,874 | €51,895 | €48,384 | ▼ 6.8% |
| Profit (loss) for the period before taxes9903 | -€154,133 | €11,958 | €822,172 | €292,856 | €47,496 | ▼ 83.8% |
| Transfer from deferred taxes780 | €3,853 | - | €3,853 | €2,733 | €2,207 | ▼ 19.2% |
| Income taxes67/77 | €2,213 | - | - | - | €15 | - |
| Profit (loss) for the period9904 | -€152,493 | €11,958 | €826,025 | €295,589 | €49,687 | ▼ 83.2% |
| Profit (loss) for the period to be appropriated9905 | -€152,493 | €11,958 | €826,025 | €295,589 | €49,687 | ▼ 83.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €12.0m | €12.6m | €13.0m | €11.8m | €12.8m | ▲ 9.0% |
| Fixed assets21/28 | €8.0m | €7.6m | €7.6m | €7.3m | €7.2m | ▼ 2.0% |
| Tangible fixed assets22/27 | €6.6m | €6.2m | €5.8m | €5.4m | €5.3m | ▼ 2.6% |
| Land and buildings22 | €6.4m | €6.0m | €5.7m | €5.4m | €5.3m | ▼ 2.2% |
| Plant, machinery and equipment23 | €233,873 | €129,460 | €40,917 | €24,201 | €8,171 | ▼ 66.2% |
| Furniture and vehicles24 | €3,558 | €2,070 | €11,255 | €19,685 | €14,527 | ▼ 26.2% |
| Financial fixed assets28 | €1.4m | €1.4m | €1.9m | €1.9m | €1.9m | = |
| Current assets29/58 | €4.0m | €5.0m | €5.4m | €4.5m | €5.7m | ▲ 26.8% |
| Stocks and contracts in progress3 | €445,520 | €457,728 | €405,974 | €354,471 | €446,018 | ▲ 25.8% |
| Stocks30/36 | €445,520 | €457,728 | €405,974 | €354,471 | €446,018 | ▲ 25.8% |
| Amounts receivable within one year40/41 | €3.5m | €4.5m | €5.0m | €4.1m | €5.2m | ▲ 27.0% |
| Trade receivables40 | €3.3m | €4.4m | €4.8m | €3.9m | €5.0m | ▲ 28.5% |
| Other amounts receivable41 | €150,048 | €156,040 | €156,000 | €162,900 | €147,463 | ▼ 9.5% |
| Cash at bank and in hand54/58 | €13,290 | €19,482 | €22,311 | €12,701 | €22,066 | ▲ 73.7% |
| Deferred charges and accrued income490/1 | €13,462 | €10,472 | €10,723 | €10,723 | €5,820 | ▼ 45.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €12.0m | €12.6m | €13.0m | €11.8m | €12.8m | ▲ 9.0% |
| Equity10/15 | €5.0m | €5.0m | €5.8m | €6.1m | €6.1m | ▲ 0.6% |
| Contributions10/11 | €750,000 | €750,000 | €750,000 | €750,000 | €750,000 | = |
| Capital10 | €750,000 | €750,000 | €750,000 | €750,000 | €750,000 | = |
| Issued capital100 | €750,000 | €750,000 | €750,000 | €750,000 | €750,000 | = |
| Reserves13 | €4.0m | €4.0m | €4.0m | €4.0m | €4.0m | = |
| Non-distributable reserves130/1 | €75,000 | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Legal reserve130 | €75,000 | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Other1319 | - | - | - | - | €0 | - |
| Distributable reserves133 | €3.9m | €3.9m | €3.9m | €3.9m | €3.9m | = |
| Profit (loss) carried forward14 | €27,711 | €39,669 | €865,694 | €1.2m | €1.2m | ▲ 4.3% |
| Investment grants15 | €264,183 | €247,763 | €230,995 | €213,281 | €200,418 | ▼ 6.0% |
| Provisions and deferred taxes16 | €61,024 | €61,024 | €57,171 | €54,438 | €52,231 | ▼ 4.1% |
| Deferred taxes168 | €61,024 | €61,024 | €57,171 | €54,438 | €52,231 | ▼ 4.1% |
| Amounts payable17/49 | €6.9m | €7.5m | €7.2m | €5.6m | €6.6m | ▲ 18.1% |
| Amounts payable after more than one year17 | €643,730 | €697,895 | €642,144 | €939,267 | €1.1m | ▲ 22.4% |
| Financial debts170/4 | €218,730 | €143,495 | €87,744 | €160,367 | €292,710 | ▲ 82.5% |
| Other amounts payable178/9 | €425,000 | €554,400 | €554,400 | €778,900 | €856,900 | ▲ 10.0% |
| Amounts payable within one year42/48 | €6.3m | €6.8m | €6.5m | €4.6m | €5.4m | ▲ 17.2% |
| Current portion of amounts payable after more than one year42 | €111,397 | €75,235 | €104,249 | €86,798 | €111,030 | ▲ 27.9% |
| Financial debts43 | €146,792 | €149,937 | €207,054 | €117,342 | €213,487 | ▲ 81.9% |
| Credit institutions430/8 | €146,792 | €149,937 | €207,054 | €117,342 | €213,487 | ▲ 81.9% |
| Trade debts44 | €5.8m | €6.5m | €5.9m | €4.1m | €4.7m | ▲ 14.3% |
| Suppliers440/4 | €5.8m | €6.5m | €5.9m | €4.1m | €4.7m | ▲ 14.3% |
| Taxes, remuneration and social security45 | €81,304 | €54,797 | €242,583 | €247,862 | €326,563 | ▲ 31.8% |
| Taxes450/3 | €51,446 | €22,412 | €149,914 | €165,735 | €217,016 | ▲ 30.9% |
| Remuneration and social security454/9 | €29,858 | €32,385 | €92,669 | €82,126 | €109,547 | ▲ 33.4% |
| Other amounts payable47/48 | €155,437 | €31,037 | €37,037 | €35,037 | €35,037 | = |
| Accrued charges and deferred income492/3 | €18,750 | €38,873 | €62,580 | €81,693 | €101,856 | ▲ 24.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€152,493 | €11,958 | €826,025 | €295,589 | €49,687 | ▼ 83.2% |
| + Depreciation and write-downs630 | €519,339 | €431,336 | €415,484 | €335,351 | €342,264 | ▲ 2.1% |
| Operating cash flow (approximation) | €366,847 | €443,294 | €1.2m | €630,940 | €391,951 | ▼ 37.9% |
| Investment in fixed assets (approximation) | - | €0 | -€444,467 | -€12,450 | -€199,825 | ▼ 1,505% |
| Change in cash | - | €6,192 | €2,830 | -€9,611 | €9,366 | ▲ 197% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
31-12
Financial
Equity above €5mEq €5.8m ▲16.2%
2 profitable years in a row build equity to €5.8m.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Back to profitnet €11,958
Net result €11,958 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet -€152,493
Net result drops to -€152,493, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 20 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 350 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
12 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Fleurus · 1 establishment unit since 2000
Ground area
2.1 ha
Building footprint
8,570 m²
Volume, LiDAR
72,869 m³
Parcel 52021C0369/00G008, Wallonia · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LESTCO SA
since 20002.093.879.909
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52021C0369/00G008 | Wallonia | 2.1 ha | 1 · 8,570 m² | 10.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,983 companies in sector 25110 we hold annual accounts for 2,145. 565 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded04-04-2000
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25530Machining of metals
25120Manufacture of fabricated metal products, except machinery and equipment
43320Joinery installation
Scores and ratios are computed by Checked and are not a credit decision.