Skip to content

LHR

Active
Public limited companyfounded 20224 yrs activePrins Karellaan 13, 8421 De Haan, BelgiumKBO/BCE: BE 0787.371.764
Summary

The computed 12-month bankruptcy probability of LHR is 1.7% (moderate). The 2025 annual accounts show equity of €1.9m and a net result of €722,839. Equity is growing by ~100.7% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability60▼-17
Solvency48▲+10
Growth78=
Track record94
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €95,000 at 30 days acceptable
Liquidity short (current ratio 0.0 against 0.89 in 2024; short-term debt: 26.6% and cash: 0% of total assets), and 77.1% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
22.9%
Return on assets
8.9%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-04-2026, 113 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
113 d early
2024
61 d late
2023
61 d late
2022
77 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 22 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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. Usually files around 1 October (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 17 June 2022, LHR was incorporated as a Public limited company.1 Total assets went from EUR 8.4 million in 2022 to EUR 8.1 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Equity
€1.9m▲ 63.9%
2024 · €1.1m
Total assets
€8.1m▼ 3.9%
2024 · €8.4m
Net result
€722,839▼ 45.2%
2024 · €1.3m
Working capital
-€2.2m▼ 3,109%
2024 · -€67,229
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
Line2022202320242025
Operating result-€4,079--€2,280▲ 44.1%-€3,084▼ 35.3%-€3,338▼ 8.2%
Net result-€22,475--€227,242▼ 911%€1.3m€722,839▼ 45.2%
Equity€39,025--€188,217€1.1m€1.9m▲ 63.9%
Total assets€8.4m-€7.9m▼ 6.6%€8.4m▲ 7.1%€8.1m▼ 3.9%
Debt€8.4m-€8.1m▼ 4.0%€7.3m▼ 9.4%€6.3m▼ 14.4%
Working capital€22,594--€548,018-€67,229▲ 87.7%-€2.2m▼ 3,109%
Staff (FTE)00
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€500,000€0€500,000€1.0m€1.5mOperating result 2022: -€4,079-€4,079Net result 2022: -€22,475-€22,475Operating result 2023: -€2,280-€2,280Net result 2023: -€227,242-€227,242Operating result 2024: -€3,084-€3,084Net result 2024: €1.3m€1.3mOperating result 2025: -€3,338-€3,338Net result 2025: €722,839€722,8392022202320242025-€500,000€0€500,000€1m€1.5mOperating result 2023: -€2,280-€2,280Net result 2023: -€227,242-€227,000Operating result 2024: -€3,084-€3,080Net result 2024: €1.3m€1.3mOperating result 2025: -€3,338-€3,340Net result 2025: €722,839€723,000202320242025
The operating result stays negative: a loss of €3,338 in 2025 against €3,084 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.1m
Fixed assets €8.1m ▲ 2.9%
Current assets €1,193 ▼ 99.8%
Equity and liabilities €8.1m
Equity €1.9m ▲ 63.9%
Debt €6.3m ▼ 14.4%
Debt's share of the balance-sheet total falls from 86.6% to 77.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.00▼
2024 · 0.89
Debt to equity
3.37▼
2024 · 6.46
ROE
39.0%▼
2024 · 116.6%
ROA
8.9%▼
2024 · 15.6%
Debt ≤ 1 year
€2.2m▲
2024 · €628,999
Debt > 1 year
€4.1m▼
2024 · €6.6m
Income taxes
€74,258▲
2024 · €64,137
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€8.4m€8.1m▼
Fixed assets21/28€7.9m€8.1m▲
Financial fixed assets28€7.9m€8.1m▲
Current assets29/58€561,769€1,193▼
Amounts receivable within one year40/41€478€0▼
Other amounts receivable41€478€0▼
Current investments50/53€560,000€0▼
Cash at bank and in hand54/58€394€1,193▲
Deferred charges and accrued income490/1€897€0▼
Equity and liabilities
Total equity and liabilities10/49€8.4m€8.1m▼
Equity10/15€1.1m€1.9m▲
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Reserves13€6,150€6,150=
Non-distributable reserves130/1€6,150€6,150=
Legal reserve130€6,150€6,150=
Profit (loss) carried forward14€1.1m€1.8m▲
Amounts payable17/49€7.3m€6.3m▼
Amounts payable after more than one year17€6.6m€4.1m▼
Financial debts170/4€4.3m€1.8m▼
Other amounts payable178/9€2.3m€2.3m=
Amounts payable within one year42/48€628,999€2.2m▲
Current portion of amounts payable after more than one year42€559,955€571,026▲
Trade debts44€2,988€0▼
Suppliers440/4€2,988€0▼
Taxes, remuneration and social security45€64,616€138,207▲
Taxes450/3€64,616€138,207▲
Other amounts payable47/48€1,440€1.4m▲
Accrued charges and deferred income492/3€49,098€28,441▼
Income statement Code20242025
Other operating charges640/8€1,094€1,126▲
Gross operating margin9900-€1,990-€2,212▼
Operating profit (loss)9901-€3,084-€3,338▼
Financial income75/76B€1.6m€881,123▼
Recurring financial income75€1.6m€881,123▼
Financial charges65/66B€166,015€80,688▼
Recurring financial charges65€166,015€80,688▼
Profit (loss) for the period before taxes9903€1.4m€797,097▼
Income taxes67/77€64,137€74,258▲
Profit (loss) for the period9904€1.3m€722,839▼
Profit (loss) for the period to be appropriated9905€1.3m€722,839▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.1m€1.8m▲
Profit (loss) brought forward from the previous period14P-€249,717€1.1m▲
Transfer to equity691/2€6,150€0▼
To the legal reserve6920€6,150€0▼
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Other operating charges640/8€512€499€1,094€1,126▲ 3.0%
Gross operating margin9900-€3,566-€1,780-€1,990-€2,212▼ 11.1%
Operating profit (loss)9901-€4,079-€2,280-€3,084-€3,338▼ 8.2%
Financial income75/76B-€1,594€1.6m€881,123▼ 43.2%
Recurring financial income75-€1,594€1.6m€881,123▼ 43.2%
Financial charges65/66B€18,396€226,079€166,015€80,688▼ 51.4%
Recurring financial charges65€18,396€226,079€166,015€80,688▼ 51.4%
Profit (loss) for the period before taxes9903-€22,475-€226,764€1.4m€797,097▼ 42.4%
Income taxes67/77-€478€64,137€74,258▲ 15.8%
Profit (loss) for the period9904-€22,475-€227,242€1.3m€722,839▼ 45.2%
Profit (loss) for the period to be appropriated9905-€22,475-€227,242€1.3m€722,839▼ 45.2%
Line2022202320242025Change
Assets
Total assets20/58€8.4m€7.9m€8.4m€8.1m▼ 3.9%
Fixed assets21/28€7.9m€7.9m€7.9m€8.1m▲ 2.9%
Financial fixed assets28€7.9m€7.9m€7.9m€8.1m▲ 2.9%
Current assets29/58€563,636€4,374€561,769€1,193▼ 99.8%
Amounts receivable within one year40/41€562,442€0€478€0▼ 100%
Other amounts receivable41€562,442€0€478€0▼ 100%
Current investments50/53--€560,000€0▼ 100%
Cash at bank and in hand54/58€1,195€4,374€394€1,193▲ 203%
Deferred charges and accrued income490/1--€897€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€8.4m€7.9m€8.4m€8.1m▼ 3.9%
Equity10/15€39,025-€188,217€1.1m€1.9m▲ 63.9%
Contributions10/11€61,500€61,500€61,500€61,500=
Capital10€61,500€61,500€61,500€61,500=
Issued capital100€61,500€61,500€61,500€61,500=
Reserves13--€6,150€6,150=
Non-distributable reserves130/1--€6,150€6,150=
Legal reserve130--€6,150€6,150=
Profit (loss) carried forward14-€22,475-€249,717€1.1m€1.8m▲ 68.0%
Amounts payable17/49€8.4m€8.1m€7.3m€6.3m▼ 14.4%
Amounts payable after more than one year17€7.9m€7.5m€6.6m€4.1m▼ 38.6%
Financial debts170/4€6.9m€5.8m€4.3m€1.8m▼ 59.0%
Other amounts payable178/9€947,293€1.7m€2.3m€2.3m=
Amounts payable within one year42/48€541,043€552,391€628,999€2.2m▲ 243%
Current portion of amounts payable after more than one year42€538,457€548,915€559,955€571,026▲ 2.0%
Trade debts44€2,586€2,036€2,988€0▼ 100%
Suppliers440/4€2,586€2,036€2,988€0▼ 100%
Taxes, remuneration and social security45--€64,616€138,207▲ 114%
Taxes450/3--€64,616€138,207▲ 114%
Other amounts payable47/48-€1,440€1,440€1.4m▲ 100,562%
Accrued charges and deferred income492/3-€40,189€49,098€28,441▼ 42.1%
Line2022202320242025Change
Profit (loss) for the period9904-€22,475-€227,242€1.3m€722,839▼ 45.2%
Operating cash flow (approximation)-€22,475-€227,242€1.3m€722,839▼ 45.2%
Investment in fixed assets (approximation)-€0€0-€231,500-
Change in cash-€3,179-€3,980€799▲ 120%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial Back to profitnet €1.3m
Net result €1.3m after 2 loss-making years.
31-12
Financial Equity above €1mEq €1.1m
Equity rises from -€188,217 to €1.1m.
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial Weakest financial yearnet -€227,242
Net result drops to -€227,242, the lowest in the series; recovery starts the following year.
16-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 77 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, De Haan · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
756 m²
Building footprint
181 m²
Volume, LiDAR
1,130 m³
Parcel 35021B0006/00V014, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LHR
Prins Karellaan 13, 8421 De HaanHoldings
since 20222.338.074.736
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35021B0006/00V014
ProtectedTownscape or village viewDe Haan Concessie: uitbreiding tot hele vroegere ConcessieSource ↗
Flanders 755 m² 1 · 181 m² 9.7 m · 2 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Structure & network

Owners and holdings

1 owner · 2 holdings

Owners 1

Holdings 2

According to the 2025 annual accounts of LHR and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

69940065KY1FM55F1221
no longer live in the LEI register

Identification & contact

Identification
Legal formPublic limited company
Founded17-06-2022
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.