MICHEL LENFRANC
ActiveMICHEL LENFRANC has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28k and a net result of €25k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 18173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability49▲+1
Solvency29▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.7 against 0.74 in 2024; short-term debt: 95.5% and cash: 15.2% of total assets), and 95.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
Sector 47
higher
← 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
4.5%
Return on assets
3.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 18173 sector peers (2025).
NBB · sector comparisonPosition among 18173 sector peers
Solvency
better than 25%
← 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 26-08-2026, 26 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
26 d late
2024
54 d late
2023
27 d late
2022
30 d late
2021
32 d early
2020
3 d late
2019
46 d late
← before the deadline
after the deadline →
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
19-09-2026 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
€25k▼ 11.6%
2024 · €28k
2018: €-68k
2019: €31k
2020: €42k
2021: €24k
2022: €-5k
2023: €21k
2024: €28k
2018 → 2025
Working capital
€-182k▼ 15.0%
2024 · €-158k
2018: €-201k
2019: €-177k
2020: €-64k
2021: €-83k
2022: €-128k
2023: €-138k
2024: €-158k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€-3k€18k€32k▲ 77.4%€28k▼ 11.4%
Operating result€56k-€20k▼ 65.1%€58k▲ 197%€74k▲ 26.7%€65k▼ 11.6%
Net result€24k-€-5k€21k€28k▲ 36.4%€25k▼ 11.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €632k
Fixed assets
€211k▼ 13.9%
Current assets
€421k▼ 5.1%
Equity and liabilities €632k
Equity
€28k▼ 11.4%
Debt
€603k▼ 8.1%
The debt ratio rises from 95.4% to 95.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€99k▼
2024 · €107k
Cash flow
€59k▼
2024 · €62k
Solvency
4.5%▼
2024 · 4.6%
Current ratio
0.70▼
2024 · 0.74
Quick ratio
0.22▼
2024 · 0.22
Debt / equity
21.35▲
2024 · 20.59
ROE
88.3%▼
2024 · 88.4%
ROA
3.9%▼
2024 · 4.1%
Interest coverage
2.98▲
2024 · 2.84
Debt
€603k▼
2024 · €656k
Debt ≤ 1 year
€603k▲
2024 · €602k
Income taxes
€9k▼
2024 · €9k
Staff costs
€168k▲
2024 · €164k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€688k€632k▼
Fixed assets21/28€245k€211k▼
Tangible fixed assets22/27€235k€201k▼
Land and buildings22€223k€192k▼
Plant, machinery and equipment23€458€0▼
Furniture and vehicles24€12k€10k▼
Financial fixed assets28€9k€9k=
Current assets29/58€444k€421k▼
Stocks and contracts in progress3€311k€289k▼
Stocks30/36€311k€289k▼
Amounts receivable within one year40/41€60k€33k▼
Trade receivables40€30k€20k▼
Other amounts receivable41€29k€12k▼
Cash at bank and in hand54/58€68k€96k▲
Deferred charges and accrued income490/1€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€688k€632k▼
Equity10/15€32k€28k▼
Contributions10/11€25k€25k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€5k€1k▼
Amounts payable17/49€656k€603k▼
Amounts payable after more than one year17€55k-
Financial debts170/4€55k-
Amounts payable within one year42/48€602k€603k▲
Current portion of amounts payable after more than one year42€57k€55k▼
Financial debts43€400k€405k▲
Other loans439€400k€405k▲
Trade debts44€79k€66k▼
Suppliers440/4€79k€66k▼
Advances received on contracts in progress46€23k€17k▼
Taxes, remuneration and social security45€29k€31k▲
Taxes450/3€14k€9k▼
Remuneration and social security454/9€15k€23k▲
Other amounts payable47/48€14k€29k▲
Accrued charges and deferred income492/3-€400
Income statement
Code20242025
Remuneration, social security and pensions62€164k€168k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€34k▲
Other operating charges640/8€22k€14k▼
Gross operating margin9900€293k€281k▼
Operating profit (loss)9901€74k€65k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€38k€33k▼
Recurring financial charges65€38k€33k▼
Profit (loss) for the period before taxes9903€38k€34k▼
Income taxes67/77€9k€9k▼
Profit (loss) for the period9904€28k€25k▼
Profit (loss) for the period to be appropriated9905€28k€25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€30k▲
Profit (loss) brought forward from the previous period14P€-9k€5k▲
Profit to be distributed694/7€14k€29k▲
Return on contributions (dividend)694€14k€29k▲
Social balance
Average headcount (FTE)90874.0-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 54 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 27 days late
2023
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 3 days late
2020
31-12
Financial
Highest result since 2018net €42k ▲33.5%
Operating result €79k, net result €42k, both a record.
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 46 days late
2019
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
24-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Huy · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Saules 1054500 HuyGround area
1,026 m²
Building footprint
62 m²
Volume, LiDAR
218 m³
Parcel 61061A0347/00Z007, Wallonia · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Rue des Saules 105, 4500 Huy
since 20022.098.912.823
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61061A0347/00Z007 | Wallonia | 1,025 m² | 1 · 62 m² | 6.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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BE 0450.203.922
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R1 SERVICES
BE 0766.322.764
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FNM CARS
BE 0692.867.337
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Lava Mezouri 1
BE 0427.828.101
Turnhout · Eq €28k
J.T.C.
BE 0464.639.304
Profondeville · Eq €28k
Of 10,674 companies in sector 47811 we hold annual accounts for 5,223. 2,943 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-10-2001
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
50103
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50200
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.