LZR
ActiveSummary
LZR has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-26k) and a net result of €6k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 7% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency0=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.81 against 0.13 in 2024; short-term debt: 80.5% and cash: 42.4% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more 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 2025Solvency, return and age of the figures
Solvency
-171.7%
Return on assets
38.8%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 18400 sector peers (2025).
NBB · sector comparisonPosition among 18400 sector peers
Solvency
better than 7%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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
3 d late
2024
29 d late
2023
23 d late
2022
30 d late
2021
19 d late
2020
20 d late
2019
67 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€6k
2024 · €-33k
Working capital
€-2k▲ 74.4%
2024 · €-9k
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
Line20212022202320242025
Operating result€183▼ 96.7%€22k▲ 12,046%€26k▲ 16.0%€-33k€6k
Net result€82▼ 98.5%€22k▲ 26,269%€19k▼ 12.9%€-33k€6k
Equity€-39k▲ 0.2%€-18k▲ 55.2%€1k€-32k€-26k▲ 18.4%
Total assets€21k▼ 22.3%€56k▲ 163%€51k▼ 7.6%€13k▼ 74.4%€15k▲ 16.3%
Debt€60k▼ 9.3%€73k▲ 21.4%€50k▼ 31.5%€45k▼ 9.6%€42k▼ 8.3%
Working capital€-2k€10k€-17k€-9k▲ 46.5%€-2k▲ 74.4%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €33k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15k
Fixed assets
€5k ▼ 55.2%
Current assets
€10k ▲ 637%
Key figures and ratios
EBITDA
€12k▲
2024 · €-20k
Cash flow
€11k▲
2024 · €-20k
Solvency
-171.7%▲
2024 · -244.8%
Current ratio
0.81▲
2024 · 0.13
Debt to equity
-1.58▼
2024 · -1.41
ROA
38.8%▲
2024 · -254.5%
Interest coverage
35.51▲
2024 · -116.78
Debt ≤ 1 year
€12k▲
2024 · €10k
Debt > 1 year
€29k▼
2024 · €35k
Income taxes
€175
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €3k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €5k | €12k | €14k | €5k | ▼ 63.0% |
| Other operating charges640/8 | €847 | €5k | €3k | €21k | €990 | ▼ 95.2% |
| Gross operating margin9900 | €8k | €32k | €40k | €926 | €12k | ▲ 1,250% |
| Operating profit (loss)9901 | €183 | €22k | €26k | €-33k | €6k | ▲ 119% |
| Financial income75/76B | €2 | €1 | €2 | €0 | €0 | ▼ 83.9% |
| Recurring financial income75 | €2 | €1 | €2 | €0 | €0 | ▼ 83.9% |
| Financial charges65/66B | €103 | €164 | €265 | €168 | €324 | ▲ 93.4% |
| Recurring financial charges65 | €103 | €164 | €265 | €168 | €324 | ▲ 93.4% |
| Profit (loss) for the period before taxes9903 | €82 | €22k | €25k | €-33k | €6k | ▲ 118% |
| Income taxes67/77 | - | €393 | €7k | - | €175 | - |
| Profit (loss) for the period9904 | €82 | €22k | €19k | €-33k | €6k | ▲ 118% |
| Profit (loss) for the period to be appropriated9905 | €82 | €22k | €19k | €-33k | €6k | ▲ 118% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €21k | €56k | €51k | €13k | €15k | ▲ 16.3% |
| Fixed assets21/28 | €17k | €27k | €43k | €12k | €5k | ▼ 55.2% |
| Tangible fixed assets22/27 | €17k | €27k | €43k | €12k | €5k | ▼ 55.2% |
| Plant, machinery and equipment23 | €3k | €2k | €2k | €1k | €1k | ▼ 26.0% |
| Furniture and vehicles24 | €15k | €21k | €36k | €4k | €221 | ▼ 94.9% |
| Other tangible fixed assets26 | - | €4k | €5k | €5k | €4k | ▼ 12.6% |
| Assets under construction and advance payments27 | - | - | - | €1k | - | - |
| Current assets29/58 | €4k | €29k | €8k | €1k | €10k | ▲ 637% |
| Amounts receivable within one year40/41 | €2k | €21k | €7k | €187 | €3k | ▲ 1,557% |
| Trade receivables40 | €944 | €21k | €7k | €187 | €3k | ▲ 1,557% |
| Other amounts receivable41 | €568 | - | €256 | - | - | - |
| Current investments50/53 | €200 | €200 | €200 | €200 | €5 | ▼ 97.6% |
| Cash at bank and in hand54/58 | €1k | €7k | €986 | €894 | €6k | ▲ 626% |
| Deferred charges and accrued income490/1 | €576 | €1k | €146 | €79 | €426 | ▲ 441% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €21k | €56k | €51k | €13k | €15k | ▲ 16.3% |
| Equity10/15 | €-39k | €-18k | €1k | €-32k | €-26k | ▲ 18.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €525 | €525 | €525 | €525 | €525 | = |
| Non-distributable reserves130/1 | €525 | €525 | €525 | €525 | €525 | = |
| Reserves not available under the articles1311 | €525 | €525 | €525 | €525 | €525 | = |
| Profit (loss) carried forward14 | €-58k | €-37k | €-18k | €-51k | €-45k | ▲ 11.6% |
| Amounts payable17/49 | €60k | €73k | €50k | €45k | €42k | ▼ 8.3% |
| Amounts payable after more than one year17 | €55k | €55k | €25k | €35k | €29k | ▼ 16.4% |
| Other amounts payable178/9 | €55k | €55k | €25k | €35k | €29k | ▼ 16.4% |
| Amounts payable within one year42/48 | €5k | €18k | €25k | €10k | €12k | ▲ 19.0% |
| Trade debts44 | €737 | €9k | €7k | €4k | €2k | ▼ 37.9% |
| Suppliers440/4 | €737 | €9k | €7k | €4k | €2k | ▼ 37.9% |
| Taxes, remuneration and social security45 | €252 | €5k | €8k | €3k | €3k | ▲ 2.3% |
| Taxes450/3 | €252 | €5k | €8k | €3k | €3k | ▲ 2.3% |
| Other amounts payable47/48 | €4k | €4k | €11k | €4k | €7k | ▲ 93.4% |
| Accrued charges and deferred income492/3 | €21 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €82 | €22k | €19k | €-33k | €6k | ▲ 118% |
| + Depreciation and write-downs630 | €7k | €5k | €12k | €14k | €5k | ▼ 63.0% |
| Operating cash flow (approximation) | €7k | €26k | €31k | €-20k | €11k | ▲ 156% |
| Investment in fixed assets (approximation) | - | €-14k | €-28k | €18k | €1k | ▼ 91.8% |
| Change in cash | - | €5k | €-6k | €-92 | €6k | ▲ 6,202% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2018net €22k ▲26,269%
Net result €22k, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 1.57
Current ratio from 0.69 to 1.57.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial
Liquidity times 16current ratio 8.15
Current ratio from 0.52 to 8.15; short-term debt falls from €6k to €1k.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
Show earlier events
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 21 days late
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Profondeville · 1 establishment unit since 2012
Ground area
5,960 m²
Building footprint
296 m²
Volume, LiDAR
1,834 m³
2 parcels, Wallonia · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Les'arts de la pierre
since 20122.217.087.329
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92071D0619/00C000 | Wallonia | 4,492 m² | 1 · 155 m² | 9.8 m · 2 fl. |
| 91005A0273/00X002 | Wallonia | 1,468 m² | 1 · 141 m² | 6.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,213 companies in sector 47711 we hold annual accounts for 887. 151 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 (pre-2019)
Founded04-09-2008
Fiscal year end31-12
Activities, NACEBEL 2025
47711Retail sale of women's outerwear
Scores and ratios are computed by Checked and are not a credit decision.