Lorraine
ActiveSummary
Lorraine has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €379,305 and a net result of €17,189. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 84% of 9557 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▼-6
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 2.58 against 3.86 in 2024; short-term debt: 9.7% and cash: 5.1% of total assets), and 15.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer 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
84.8%
Return on assets
3.8%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
11 d early
2023
12 d early
2022
9 d early
2021
30 d early
2020
1 d early
2019
29 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 5 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 19 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€379,305▼ 7.7%
2024 · €411,115
Total assets
€447,117▼ 3.4%
2024 · €462,916
Net result
€17,189▼ 57.2%
2024 · €40,154
Working capital
€68,672▼ 32.9%
2024 · €102,399
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€105,712▲ 16.8%€188,782▲ 78.6%€24,331▼ 87.1%€54,949▲ 126%€22,869▼ 58.4%
Net result€69,860above the sector's middle half▼ 1.3%€131,424above the sector's middle half▲ 88.1%€18,841within the sector's middle half▼ 85.7%€40,154within the sector's middle half▲ 113%€17,189within the sector's middle half▼ 57.2%
Equity€261,391above the sector's middle half▲ 36.5%€392,816above the sector's middle half▲ 50.3%€370,961above the sector's middle half▼ 5.6%€411,115above the sector's middle half▲ 10.8%€379,305above the sector's middle half▼ 7.7%
Total assets€391,890above the sector's middle half▲ 13.6%€560,098above the sector's middle half▲ 42.9%€427,787above the sector's middle half▼ 23.6%€462,916above the sector's middle half▲ 8.2%€447,117above the sector's middle half▼ 3.4%
Debt€112,022▼ 16.5%€149,628▲ 33.6%€39,993▼ 73.3%€35,789▼ 10.5%€52,623▲ 47.0%
Working capital€2,187below the sector's middle half€123,331above the sector's middle half▲ 5,540%€85,618within the sector's middle half▼ 30.6%€102,399within the sector's middle half▲ 19.6%€68,672within the sector's middle half▼ 32.9%
Solvency66.7%within the sector's middle half▲ 11.2pp70.1%within the sector's middle half▲ 3.4pp86.7%above the sector's middle half▲ 16.6pp88.8%above the sector's middle half▲ 2.1pp84.8%above the sector's middle half▼ 4.0pp
Current ratio1.02below the sector's middle half▲ 0.681.86within the sector's middle half▲ 0.843.35within the sector's middle half▲ 1.493.86within the sector's middle half▲ 0.512.58within the sector's middle half▼ 1.28
Return on assets (ROA)17.8%within the sector's middle half▼ 2.7pp23.5%above the sector's middle half▲ 5.6pp4.4%within the sector's middle half▼ 19.1pp8.7%within the sector's middle half▲ 4.3pp3.8%within the sector's middle half▼ 4.8pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 58% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €447,117
Fixed assets
€335,092 ▲ 3.2%
Current assets
€112,025 ▼ 18.9%
Equity and liabilities €447,117
Equity
€379,305 ▼ 7.7%
Provisions
€15,189 ▼ 5.1%
Debt
€52,623 ▲ 47.0%
Debt's share of the balance-sheet total rises from 7.7% to 11.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€43,804▼
2024 · €70,063
Cash flow
€38,125▼
2024 · €55,268
Debt to equity
0.14▲
2024 · 0.09
ROE
4.5%▼
2024 · 9.8%
Interest coverage
24.49▼
2024 · 48.84
Debt ≤ 1 year
€43,353▲
2024 · €35,789
Debt > 1 year
€9,270
Income taxes
€8,113▼
2024 · €17,102
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 17,027 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,299 | €16,081 | €18,932 | €15,114 | €20,935 | ▲ 38.5% |
| Other operating charges640/8 | - | €1,524 | €1,826 | €1,993 | €2,042 | ▲ 2.5% |
| Gross operating margin9900 | €122,683 | €206,387 | €45,089 | €72,056 | €45,847 | ▼ 36.4% |
| Operating profit (loss)9901 | €105,712 | €188,782 | €24,331 | €54,949 | €22,869 | ▼ 58.4% |
| Financial income75/76B | - | €3,298 | €4,137 | €2,919 | €3,400 | ▲ 16.5% |
| Recurring financial income75 | €1,528 | €3,298 | €4,137 | €2,919 | €3,400 | ▲ 16.5% |
| Financial charges65/66B | - | €1,946 | €1,321 | €1,435 | €1,789 | ▲ 24.7% |
| Recurring financial charges65 | €2,396 | €1,946 | €1,321 | €1,435 | €1,789 | ▲ 24.7% |
| Profit (loss) for the period before taxes9903 | €104,844 | €190,135 | €27,148 | €56,434 | €24,480 | ▼ 56.6% |
| Transfer from deferred taxes780 | - | €822 | €822 | €822 | €822 | = |
| Income taxes67/77 | €35,806 | €59,532 | €9,128 | €17,102 | €8,113 | ▼ 52.6% |
| Profit (loss) for the period9904 | €69,860 | €131,424 | €18,841 | €40,154 | €17,189 | ▼ 57.2% |
| Transfer from tax-exempt reserves789 | - | €3,288 | €3,288 | €3,288 | €3,288 | = |
| Profit (loss) for the period to be appropriated9905 | €73,148 | €134,712 | €22,129 | €43,442 | €20,477 | ▼ 52.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €391,890 | €560,098 | €427,787 | €462,916 | €447,117 | ▼ 3.4% |
| Fixed assets21/28 | €300,149 | €294,135 | €305,760 | €324,727 | €335,092 | ▲ 3.2% |
| Tangible fixed assets22/27 | €300,149 | €294,135 | €305,760 | €324,727 | €335,092 | ▲ 3.2% |
| Land and buildings22 | - | €281,380 | €293,814 | €281,933 | €270,053 | ▼ 4.2% |
| Plant, machinery and equipment23 | - | €6,902 | €10,524 | €41,511 | €50,503 | ▲ 21.7% |
| Furniture and vehicles24 | - | €1,138 | €1,422 | €1,282 | €14,536 | ▲ 1,034% |
| Leasing and similar rights25 | - | €4,714 | - | - | - | - |
| Current assets29/58 | €91,740 | €265,963 | €122,027 | €138,189 | €112,025 | ▼ 18.9% |
| Amounts receivable within one year40/41 | €39,772 | €113,197 | €67,235 | €110,045 | €85,828 | ▼ 22.0% |
| Trade receivables40 | - | €35,643 | €1,394 | €5,820 | €1,480 | ▼ 74.6% |
| Other amounts receivable41 | - | €77,554 | €65,841 | €104,225 | €84,348 | ▼ 19.1% |
| Cash at bank and in hand54/58 | €19,076 | €105,021 | €53,563 | €20,956 | €22,871 | ▲ 9.1% |
| Deferred charges and accrued income490/1 | - | €47,746 | €1,229 | €7,188 | €3,327 | ▼ 53.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €391,890 | €560,098 | €427,787 | €462,916 | €447,117 | ▼ 3.4% |
| Equity10/15 | €261,391 | €392,816 | €370,961 | €411,115 | €379,305 | ▼ 7.7% |
| Contributions10/11 | - | €18,600 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €227,568 | €358,980 | €369,933 | €410,045 | €378,157 | ▼ 7.8% |
| Tax-exempt reserves132 | - | €51,320 | €48,033 | €44,745 | €41,457 | ▼ 7.3% |
| Distributable reserves133 | - | €307,660 | €321,900 | €365,300 | €336,700 | ▼ 7.8% |
| Profit (loss) carried forward14 | €15,224 | €15,236 | €29 | €70 | €148 | ▲ 109% |
| Provisions and deferred taxes16 | €18,477 | €17,655 | €16,833 | €16,011 | €15,189 | ▼ 5.1% |
| Deferred taxes168 | - | €17,655 | €16,833 | €16,011 | €15,189 | ▼ 5.1% |
| Amounts payable17/49 | €112,022 | €149,628 | €39,993 | €35,789 | €52,623 | ▲ 47.0% |
| Amounts payable after more than one year17 | €22,468 | €6,995 | €3,536 | - | €9,270 | - |
| Financial debts170/4 | - | €6,995 | €3,536 | - | €9,270 | - |
| Amounts payable within one year42/48 | €89,553 | €142,633 | €36,409 | €35,789 | €43,353 | ▲ 21.1% |
| Current portion of amounts payable after more than one year42 | - | €25,473 | €13,459 | €10,000 | €29,979 | ▲ 200% |
| Trade debts44 | €2,674 | €54,775 | €3,880 | €3,609 | €5,673 | ▲ 57.2% |
| Suppliers440/4 | - | €54,775 | €3,880 | €3,609 | €5,673 | ▲ 57.2% |
| Taxes, remuneration and social security45 | - | €52,384 | €11,643 | €22,180 | €7,702 | ▼ 65.3% |
| Taxes450/3 | - | €52,384 | €11,643 | €22,180 | €7,702 | ▼ 65.3% |
| Other amounts payable47/48 | - | €10,000 | €7,427 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €49 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €69,860 | €131,424 | €18,841 | €40,154 | €17,189 | ▼ 57.2% |
| + Depreciation and write-downs630 | €15,299 | €16,081 | €18,932 | €15,114 | €20,935 | ▲ 38.5% |
| Operating cash flow (approximation) | €85,160 | €147,505 | €37,773 | €55,268 | €38,125 | ▼ 31.0% |
| Investment in fixed assets (approximation) | - | -€10,066 | -€30,558 | -€34,080 | -€31,300 | ▲ 8.2% |
| Change in cash | - | €85,945 | -€51,457 | -€32,608 | €1,915 | ▲ 106% |
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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €17,189 ▼57.2%
Net result drops to €17,189, the lowest in the series.
19-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €131,424 ▲88.1%
Operating result €188,782, net result €131,424, both a record.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Liquidity triplescurrent ratio 1.02
Current ratio from 0.34 to 1.02; short-term debt falls from €91,168 to €89,553.
30-09
Financial
Equity above €200,000Eq €261,391 ▲36.5%
4 profitable years in a row build equity to €261,391.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
2019
30-09
Financial
Equity above €150,000Eq €150,781 ▲21.9%
2 profitable years in a row build equity to €150,781.
Show earlier events
08-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
16-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
05-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Buggenhout · 1 establishment unit since 1999
Ground area
1,105 m²
Building footprint
182 m²
Volume, LiDAR
1,287 m³
Parcel 42004A1029/00F000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SCARA
since 19992.090.613.284
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42004A1029/00F000 | Flanders | 1,105 m² | 1 · 181 m² | 10.7 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.
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Of 18,254 companies in sector 71111 we hold annual accounts for 6,321. 4,400 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-02-1999
Fiscal year end30-09
Activities, NACEBEL 2025
71111Activities of building architects
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0465265547
Also
9925:BE0465265547
Registered
07-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.