Financials
- Fiscal year
- 2024
- Total assets
- €21.3m
- Loss
- -€1.0m
- Solvency
- 31.2%
Turnover▲ 17.7%
Net result
20192021
LRW
ActiveSummary
LRW has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6.7m and a net result of -€1.0m. Equity is shrinking by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 50% of 9727 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
What they do
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201
2 sites
How big
€21.3mtotal assets 2024
- Equity
- €6.7m
- Loss
- -€1.0m
Who decides
- Parent
- EMPORIA INVEST HOLDING & FINANCE · 99.99%
- Holdings
- 1
Accounts 63 d overdue0 of 11 deeds read
Why 60- Multiple establishment units- Annual accounts: weaker financial profile- Persistent losses+ Long track record+ Lower-failure-rate sector+ Lower-risk legal formFiled after the deadlineShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability36▼-18
Solvency56▲+4
Growth46=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €390,000 at 30 days acceptable
Liquidity ample (current ratio 2.02 against 1.83 in 2023; short-term debt: 15.9% and cash: 0.2% of total assets), but 68.8% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
31.2%
Return on assets
-4.8%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192122222324
2018 to 2024 · latest year -€1.0m
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 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
not confirmed
2024
21 d late
2023
33 d late
2022
32 d late
2022
196 d late
2021
36 d late
2019
56 d late
← 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 62 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · abbreviated…
- Weakest financial yearnet -€1.0m
- Annual accounts filedfiscal year 2023 · abbreviated…
Key points
- Caution: Result fell in 2024from -€382,357 to -€1.0m ▼ 168% View
- Caution: Among the weakest 5% on net resultsector median €13,339 · 9,722 companies -€1.0m View
- Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
- Controlled by EMPORIA INVEST HOLDING &… 99.99% View
- Caution: 2 loss-making years in a rowloss fiscal year 2024 -€1.0m View
- Active since 1979founded 23-05-1979 47 years View
By topic
Board & ownership
- Parent
- EMPORIA INVEST HOLDING &… · 99.99%
Network & group
- Holdings
- 1
1 holding
Timeline
- Events
- 14
- Since
- 2016
- 21-08-2025Annual accounts filed
- 31-12-2024Weakest financial year
- 02-09-2024Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Public limited company
- Activity
- Renting and operating of own or leased residential…NACE 68201
- Founded
- 23-05-1979
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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