Financials
- Fiscal year
- 2025
- Turnover
- €3.1m
- Profit
- €1.7m
- Solvency
- 1.2%
Turnover▲ 3.1%
Net result
20192025
LORRAINE 41
ActiveSummary
LORRAINE 41 has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €130,863 and a net result of €1.7m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 503 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Overview
Activity
Operation of sports facilities
NACE 93110
#2 company by total assets in Etterbeek, Arts, sports and recreation sector1 site
Size
€3.1mturnover 2025
- Equity
- €130,863
- Profit
- €1.7m
Structure
- Parent
- M&G European Secured Property Holding Company S.a.r.l · 100%
- Board
- 3 members
Auditor: EY Bedrijfsrevisoren BVAccounts 36 d early
Why 95- Equity €130,863 (1.2% of total assets)+ Size: turnover €3.1m, total assets €10.8m+ Liquidity: current ratio 3.14, cash €5.2m+ Figures for FY 2025 (filed 26-03-2026)Show the evidence
Checked score
Score 2025
95
/ 100
Excellent
Probability in this band: under 0.55%
Better than 64% of its sector peers (NACE 93, medium-sized)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
26=
equity 1.2% of total assets
Liquidity
97=
short-term debt 15.4% · cash 48.3%
Profitability
92+1
return on assets 15.4%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: < 0.1%
12-2024: < 0.1%● 0.0% vs 11-2024
01-2025: < 0.1%▲ +2.3% vs 12-2024
02-2025: < 0.1%▲ +2.3% vs 01-2025
03-2025: < 0.1%● 0.0% vs 02-2025
04-2025: 0.1%▲ +22.2% vs 03-2025highest value
05-2025: < 0.1%▼ -25.5% vs 04-2025lowest value
06-2025: < 0.1%● 0.0% vs 05-2025lowest value
07-2025: < 0.1%● 0.0% vs 06-2025lowest value
08-2025: < 0.1%● 0.0% vs 07-2025lowest value
09-2025: < 0.1%● 0.0% vs 08-2025lowest value
10-2025: < 0.1%● 0.0% vs 09-2025lowest value
11-2025: < 0.1%● 0.0% vs 10-2025lowest value
12-2025: < 0.1%● 0.0% vs 11-2025lowest value
01-2026: < 0.1%▲ +4.9% vs 12-2025
02-2026: < 0.1%● 0.0% vs 01-2026
03-2026: < 0.1%▲ +2.3% vs 02-2026
04-2026: < 0.1%▼ -6.8% vs 03-2026lowest value
05-2026: < 0.1%● 0.0% vs 04-2026lowest value
06-2026: < 0.1%● 0.0% vs 05-2026lowest value
07-2026: < 0.1%● 0.0% vs 06-2026lowest value
08-2026: < 0.1%● 0.0% vs 07-2026lowest value
09-2026: < 0.1%● 0.0% vs 08-2026lowest value
10-2026: < 0.1%● 0.0% vs 09-2026lowest value
- Size: turnover €3.1m, total assets €10.8m lowers the probability for this profile
- Equity €130,863 (1.2% of total assets) raises the probability
- Liquidity: current ratio 3.14, cash €5.2m lowers the probability
- Figures for FY 2025 (filed 26-03-2026) lowers the probability
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 3.14 against 2.95 in 2024; short-term debt: 15.4% and cash: 48.3% of total assets), but 98.8% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 93, medium-sized). Better than this share of them on solvency 17%, liquidity 100%, profitability 98%, growth against the median 40%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 503 sector peers (2025).
NBB · sector comparisonPosition among 503 sector peers
Solvency
better than 18%
← weakest
strongest →
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 25-03-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
26 d early
2023
27 d early
2022
25 d early
2021
11 d early
2020
22 d early
2019
24 d early
← 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 24 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 4 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close07-10-2026 today30-04-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Reappointment: Caroline HOOGSTEYNS (director)State Gazette act
- Resignation: Julie MOSSONG (director)Appointment: Florence JOUBERT (director)
Key points
- Positive: Among the best 5% on net resultsector median €13,093 · 502 companies €1.7m View
- Positive: 6 years of growth in a rowturnover 2025: €3.1m 6 years View
- Positive: Always filed on timeaccounts within the deadline every year 8 years View
- Controlled by M&G European Secured Property…known shareholders 100% 100% View
By topic
Board & ownership
- Board
- 3 members
- Parent
- M&G European Secured Property… · 100%
- Known shareholders
- 100%
- Auditor
- EY Bedrijfsrevisoren BV
Go to Board & ownership
Network & group
- Group
- M&G European Secured Property…
- Connected companies
- 5
Timeline
- Events
- 41
- Since
- 2003
- Next accounts
- by 30-04-2027
- 25-03-2026Annual accounts filed
- 08-01-2026Reappointment: Caroline HOOGSTEYNS (director)
- 15-10-2025Resignation: Julie MOSSONG (director)
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Operation of sports facilitiesNACE 93110
- Founded
- 06-03-1997
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
- Purpose
- La société a pour objet la détention directe ou indirecte de participations, sous quelque…
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