Summary
LR & CO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €4.9m and a net result of €524,722. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 75% of 6157 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-07-2025, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
17 d early
2023
12 d early
2022
42 d early
2021
22 d early
2020
72 d early
2019
58 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 37 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€4.9m▲ 11.9%
2023 · €4.4m
Net result
€524,722▲ 123%
2023 · €235,630
Total assets
€6.3m▲ 1.4%
2023 · €6.2m
Solvency
78.9%▲ 7.4pp
2023 · 71.5%
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
Line20202021202220232024
Operating result€1.3m-€103,219▼ 91.8%-€65,544€115,609€15,329▼ 86.7%
Net result€1.2m-€794,006▼ 32.2%-€57,896€235,630€524,722▲ 123%
Equity€4.7m-€5.2m▲ 10.4%€5.2m▼ 1.1%€4.4m▼ 14.8%€4.9m▲ 11.9%
Total assets€6.5m-€6.6m▲ 2.9%€6.0m▼ 9.4%€6.2m▲ 2.7%€6.3m▲ 1.4%
Debt€1.4m-€1.1m▼ 20.0%€597,481▼ 47.7%€1.5m▲ 158%€1.1m▼ 27.0%
Working capital€787,050-€794,880▲ 1.0%€833,429▲ 4.8%€287,507▼ 65.5%€1.0m▲ 263%
Solvency73.5%-78.9%▲ 5.4pp86.1%▲ 7.2pp71.5%▼ 14.6pp78.9%▲ 7.4pp
Staff (FTE)2-2=1▼ 50.0%1=1=
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2024 Net result +123% on 2023. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 87% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.3m
Fixed assets
€4.4m ▼ 5.0%
Current assets
€1.9m ▲ 20.0%
Equity and liabilities €6.3m
Equity
€4.9m ▲ 11.9%
Provisions
€195,740 ▼ 9.6%
Debt
€1.1m ▼ 27.0%
Debt's share of the balance-sheet total falls from 25.0% to 18.0%. Equity is higher and debt is lower.
Key figures and ratios
ROE
10.6%▲
2023 · 5.3%
ROA
8.4%▲
2023 · 3.8%
Debt ≤ 1 year
€863,677▼
2023 · €1.3m
Debt > 1 year
€253,085▲
2023 · €238,212
Income taxes
€24,665▼
2023 · €46,569
Staff costs
€105,739▲
2023 · €100,826
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | €12,580 | €0 | - | - |
| Remuneration, social security and pensions62 | - | €169,769 | €81,794 | €100,826 | €105,739 | ▲ 4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €322,069 | €314,593 | €335,346 | €339,910 | €306,303 | ▼ 9.9% |
| Other operating charges640/8 | - | €29,944 | €25,929 | €30,832 | €30,802 | ▼ 0.1% |
| Non-recurring operating charges66A | - | €3,428 | €32,801 | €0 | €1,783 | - |
| Gross operating margin9900 | €1.8m | €620,953 | €410,327 | €587,177 | €459,957 | ▼ 21.7% |
| Operating profit (loss)9901 | €1.3m | €103,219 | -€65,544 | €115,609 | €15,329 | ▼ 86.7% |
| Financial income75/76B | - | €685,536 | €2,220 | €157,878 | €530,137 | ▲ 236% |
| Recurring financial income75 | €205,206 | €685,536 | €2,220 | €157,878 | €530,137 | ▲ 236% |
| Financial charges65/66B | - | €14,682 | €14,627 | €12,218 | €16,889 | ▲ 38.2% |
| Recurring financial charges65 | €19,419 | €14,682 | €14,627 | €12,218 | €16,889 | ▲ 38.2% |
| Profit (loss) for the period before taxes9903 | €1.5m | €774,073 | -€77,951 | €261,269 | €528,577 | ▲ 102% |
| Transfer from deferred taxes780 | - | €20,929 | €20,929 | €20,929 | €20,809 | ▼ 0.6% |
| Transfer to deferred taxes680 | - | €0 | - | - | - | - |
| Income taxes67/77 | €1,250 | €996 | €875 | €46,569 | €24,665 | ▼ 47.0% |
| Profit (loss) for the period9904 | €1.2m | €794,006 | -€57,896 | €235,630 | €524,722 | ▲ 123% |
| Transfer from tax-exempt reserves789 | - | €62,788 | €62,788 | €62,788 | €62,427 | ▼ 0.6% |
| Transfer to tax-exempt reserves689 | - | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €332,435 | €856,795 | €4,892 | €298,419 | €587,149 | ▲ 96.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.5m | €6.6m | €6.0m | €6.2m | €6.3m | ▲ 1.4% |
| Fixed assets21/28 | €5.1m | €5.0m | €4.9m | €4.6m | €4.4m | ▼ 5.0% |
| Intangible fixed assets21 | €86,482 | €57,655 | €28,827 | €0 | - | - |
| Tangible fixed assets22/27 | €2.9m | €2.8m | €2.8m | €2.5m | €2.3m | ▼ 9.2% |
| Land and buildings22 | - | €2.6m | €2.6m | €2.4m | €2.2m | ▼ 10.0% |
| Plant, machinery and equipment23 | - | €58,212 | €42,732 | €27,253 | €13,982 | ▼ 48.7% |
| Furniture and vehicles24 | - | €132,283 | €133,057 | €90,966 | €118,642 | ▲ 30.4% |
| Leasing and similar rights25 | - | €23,746 | €16,236 | €8,725 | €1,214 | ▼ 86.1% |
| Financial fixed assets28 | €2.1m | €2.1m | €2.1m | €2.1m | €2.1m | = |
| Current assets29/58 | €1.4m | €1.7m | €1.1m | €1.6m | €1.9m | ▲ 20.0% |
| Amounts receivable after more than one year29 | - | €53,352 | €33,360 | €740,100 | €656,484 | ▼ 11.3% |
| Other amounts receivable291 | - | €53,352 | €33,360 | €740,100 | €656,484 | ▼ 11.3% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €375,016 | €426,649 | €258,182 | €462,720 | €676,107 | ▲ 46.1% |
| Trade receivables40 | - | €141,213 | €96,488 | €99,988 | €114,546 | ▲ 14.6% |
| Other amounts receivable41 | - | €285,436 | €161,694 | €362,732 | €561,561 | ▲ 54.8% |
| Cash at bank and in hand54/58 | €861,788 | €1.2m | €831,120 | €379,507 | €565,245 | ▲ 48.9% |
| Deferred charges and accrued income490/1 | - | €7,712 | €6,050 | €5,882 | €8,629 | ▲ 46.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.5m | €6.6m | €6.0m | €6.2m | €6.3m | ▲ 1.4% |
| Equity10/15 | €4.7m | €5.2m | €5.2m | €4.4m | €4.9m | ▲ 11.9% |
| Contributions10/11 | - | €505,830 | €505,830 | €505,830 | €505,830 | = |
| Reserves13 | €862,375 | €4.7m | €4.7m | €3.9m | €4.4m | ▲ 13.4% |
| Non-distributable reserves130/1 | - | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | €0 | - | - | - | - |
| Tax-exempt reserves132 | - | €775,224 | €712,436 | €649,647 | €587,220 | ▼ 9.6% |
| Distributable reserves133 | - | €4.0m | €4.0m | €3.3m | €3.8m | ▲ 18.0% |
| Profit (loss) carried forward14 | €3.4m | €0 | €0 | €0 | €0 | - |
| Provisions and deferred taxes16 | €279,338 | €258,408 | €237,479 | €216,549 | €195,740 | ▼ 9.6% |
| Deferred taxes168 | - | €258,408 | €237,479 | €216,549 | €195,740 | ▼ 9.6% |
| Amounts payable17/49 | €1.4m | €1.1m | €597,481 | €1.5m | €1.1m | ▼ 27.0% |
| Amounts payable after more than one year17 | €848,899 | €248,948 | €299,357 | €238,212 | €253,085 | ▲ 6.2% |
| Financial debts170/4 | - | €248,948 | €299,357 | €238,212 | €253,085 | ▲ 6.2% |
| Amounts payable within one year42/48 | €577,933 | €890,572 | €295,283 | €1.3m | €863,677 | ▼ 33.6% |
| Current portion of amounts payable after more than one year42 | - | €599,951 | €112,379 | €61,146 | €53,935 | ▼ 11.8% |
| Trade debts44 | €257,051 | €46,911 | €7,561 | €649 | €6,126 | ▲ 845% |
| Suppliers440/4 | - | €46,911 | €7,561 | €649 | €6,126 | ▲ 845% |
| Advances received on contracts in progress46 | - | €4,628 | €4,628 | €4,628 | €4,628 | = |
| Taxes, remuneration and social security45 | - | €36,249 | €8,559 | €68,461 | €64,663 | ▼ 5.5% |
| Taxes450/3 | - | €11,733 | €0 | €46,532 | €43,705 | ▼ 6.1% |
| Remuneration and social security454/9 | - | €24,517 | €8,559 | €21,929 | €20,958 | ▼ 4.4% |
| Other amounts payable47/48 | - | €202,833 | €162,157 | €1.2m | €734,326 | ▼ 37.0% |
| Accrued charges and deferred income492/3 | - | €3,886 | €2,840 | €4,522 | €9,445 | ▲ 109% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.2m | €794,006 | -€57,896 | €235,630 | €524,722 | ▲ 123% |
| + Depreciation and write-downs630 | €322,069 | €314,593 | €335,346 | €339,910 | €306,303 | ▼ 9.9% |
| Operating cash flow (approximation) | €1.5m | €1.1m | €277,449 | €575,540 | €831,025 | ▲ 44.4% |
| Investment in fixed assets (approximation) | - | -€181,641 | -€267,335 | -€41,068 | -€74,732 | ▼ 82.0% |
| Change in cash | - | €335,952 | -€366,620 | -€451,613 | €185,739 | ▲ 141% |
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
2026
26-08
State Gazette act
Appointment: Lukas Leën (director)Registered-office move8 facts ▸
State Gazette act
Appointment: Lukas Leën (director)
Registered-office move8 facts ▸
- General meeting, 07-08-2026
- Director appointment, Lukas Leën (director)
- Board composition, Robin Leën (director)
- Board composition, Hendrik Leën (director)
- Board composition, Ingrid Rochus (director)
- Board composition, Lukas Leën (director)
- Board meeting, 07-08-2026
- Registered-office move, Schaapsweide 4 bus 2.01, 3700 Tongeren-Borgloon
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €235,630
Net result €235,630 after one loss-making year.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€57,896
Net result drops to -€57,896, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 3.82
Current ratio from 1.89 to 3.82; short-term debt falls from €890,572 to €295,283.
09-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €5mEq €5.2m ▲10.4%
3 profitable years in a row build equity to €5.2m.
20-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €1.2m ▲5%
Operating result €1.3m, net result €1.2m, both a record.
31-12
Financial
Liquidity times 7current ratio 2.36
Current ratio from 0.32 to 2.36; short-term debt falls from €1.1m to €577,933.
Show earlier events
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
11-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
01-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 11 acts read
About the unread acts
Of the 11 Belgian State Gazette acts we know for this company, 1 has been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Lukas Leën
CurrentDirector · since 01-08-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
10 of this company's 11 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Tongeren-Borgloon · 1 establishment unit since 2013
Ground area
1.2 ha
Building footprint
740 m²
Parcel 73083D0509/00A000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LR & CO
since 20132.254.971.767
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73083D0509/00A000 | Flanders | 1.2 ha | 1 · 740 m² | 0.1 m |
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.
Mandate history
1 person since 2026, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| Lukas Leën |
|
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
50%
According to the 2024 annual accounts of LR & CO 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
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 5,250 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 5,250 EUR | 0 EUR |
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 8,175 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
Founded12-07-2013
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0536638741
Also
9925:BE0536638741
Registered
11-09-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.