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Lefebvre Belgium

Active
Public limited companyfounded 198837 yrs activeAvenue Jean Monnet 4, 1348 Ottignies-Louvain-la-Neuve, BelgiumKBO/BCE: BE 0436.181.878
Summary

Lefebvre Belgium has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20.19M and a net result of €3.15M. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 50% of 146 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

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Checked score

Score 2025
72 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+3
Solvency63=
Growth66▼-1
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.45M at 30 days acceptable
Liquidity ample (current ratio 2.49 against 2.47 in 2024; short-term debt: 27.9% and cash: 1.5% of total assets), but 61.9% of the assets are financed with debt.
How do we compute the score and the probability?
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 37 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
38.1%
Return on assets
5.9%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Sector 58
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
51 d early
2024
4 d late
2023
48 d early
2022
48 d early
2021
52 d early
2020
47 d early
2019
51 d early
← 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 months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema, statutory accounts

Turnover
€48.75M▲ 0.6%
2024 · €48.47M
2018: €39.10M 2019: €40.02M 2020: €46.33M 2021: €47.17M 2022: €46.62M 2023: €48.96M 2024: €48.47M
2018 → 2025
EBIT margin
10.0%▲ 3.6pp
2024 · 6.4%
2018: 7.5% 2019: 8.2% 2020: 9.8% 2021: 7.0% 2022: 5.2% 2023: 10.9% 2024: 6.4%
2018 → 2025
Net result
€3.15M▲ 41.3%
2024 · €2.23M
2018: €1.64M 2019: €1.58M 2020: €2.71M 2021: €1.66M 2022: €941k 2023: €4.54M 2024: €2.23M
2018 → 2025
Working capital
€21.97M▲ 12.4%
2024 · €19.55M
2018: €-3.65M 2019: €-994k 2020: €500k 2021: €4.06M 2022: €2.02M 2023: €14.66M 2024: €19.55M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€47.17M-€46.62M▼ 1.2%€48.96M▲ 5.0%€48.47M▼ 1.0%€48.75M▲ 0.6%
Equity€18.71M-€17.82M▼ 4.8%€19.06M▲ 7.0%€19.99M▲ 4.9%€20.19M▲ 1.0%
Operating result€3.32M-€2.43M▼ 26.9%€5.35M▲ 120%€3.10M▼ 42.0%€4.87M▲ 56.8%
Net result€1.66M-€941k▼ 43.3%€4.54M▲ 382%€2.23M▼ 50.9%€3.15M▲ 41.3%
Result per fiscal year
Operating resultNet result
€0€2.00M€4.00M€6.00MOperating result 2021: €3.32M€3.32MNet result 2021: €1.66M€1.66MOperating result 2022: €2.43M€2.43MNet result 2022: €941k€941kOperating result 2023: €5.35M€5.35MNet result 2023: €4.54M€4.54MOperating result 2024: €3.10M€3.10MNet result 2024: €2.23M€2.23MOperating result 2025: €4.87M€4.87MNet result 2025: €3.15M€3.15M20212022202320242025€0€2M€4M€6MOperating result 2023: €5.35M€5.3MNet result 2023: €4.54M€4.5MOperating result 2024: €3.10M€3.1MNet result 2024: €2.23M€2.2MOperating result 2025: €4.87M€4.9MNet result 2025: €3.15M€3.2M202320242025
The operating result recovers in 2025; 2025 is 57% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €53.03M
Fixed assets €16.28M ▼ 15.6%
Current assets €36.76M ▲ 11.8%
Equity and liabilities €53.03M
Equity €20.19M ▲ 1.0%
Provisions €0 ▼ 100%
Debt €32.84M ▲ 2.1%
Debt's share of the balance-sheet total rises from 61.7% to 61.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€10.41M▲
2024 · €9.07M
Cash flow
€8.70M▲
2024 · €8.20M
Current ratio
2.49▲
2024 · 2.47
Quick ratio
2.46▲
2024 · 2.44
Debt to equity
1.63▲
2024 · 1.61
ROE
15.6%▲
2024 · 11.2%
ROA
5.9%▲
2024 · 4.3%
Interest coverage
111.10▲
2024 · 109.83
Debt ≤ 1 year
€14.79M▲
2024 · €13.32M
Income taxes
€2.05M▲
2024 · €1.67M
Staff costs
€16.98M▲
2024 · €16.19M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 89 lines
Balance sheet Code20242025
Assets
Total assets20/58€52.16M€53.03M▲
Fixed assets21/28€19.29M€16.28M▼
Intangible fixed assets21€17.34M€14.48M▼
Tangible fixed assets22/27€338k€294k▼
Plant, machinery and equipment23€137k€130k▼
Furniture and vehicles24€110k€87k▼
Other tangible fixed assets26€91k€77k▼
Financial fixed assets28€1.62M€1.50M▼
Affiliated companies280/1€1.55M€1.44M▼
Participating interests280€1.55M€1.44M▼
Other financial fixed assets284/8€60k€69k▲
Shares284€670€670=
Amounts receivable and cash guarantees285/8€60k€68k▲
Current assets29/58€32.87M€36.76M▲
Stocks and contracts in progress3€321k€353k▲
Stocks30/36€321k€353k▲
Raw materials and consumables30/31€97k€53k▼
Work in progress32-€2k
Finished goods33€215k€297k▲
Goods purchased for resale34€10k-
Amounts receivable within one year40/41€31.02M€34.96M▲
Trade receivables40€12.62M€9.96M▼
Other amounts receivable41€18.40M€25.00M▲
Cash at bank and in hand54/58€757k€772k▲
Deferred charges and accrued income490/1€773k€670k▼
Equity and liabilities
Total equity and liabilities10/49€52.16M€53.03M▲
Equity10/15€19.99M€20.19M▲
Contributions10/11€11.53M€11.53M=
Capital10€11.53M€11.53M=
Issued capital100€11.53M€11.53M=
Reserves13€8.45M€8.66M▲
Non-distributable reserves130/1€1.15M€1.15M=
Legal reserve130€1.15M€1.15M=
Tax-exempt reserves132€2.00M€998k▼
Distributable reserves133€5.30M€6.50M▲
Provisions and deferred taxes16€787-
Provisions for liabilities and charges160/5€787-
Pensions and similar obligations160€787-
Amounts payable17/49€32.17M€32.84M▲
Amounts payable within one year42/48€13.32M€14.79M▲
Trade debts44€9.12M€8.28M▼
Suppliers440/4€9.12M€8.28M▼
Taxes, remuneration and social security45€2.90M€3.51M▲
Taxes450/3€370k€759k▲
Remuneration and social security454/9€2.53M€2.75M▲
Other amounts payable47/48€1.30M€2.99M▲
Accrued charges and deferred income492/3€18.86M€18.06M▼
Income statement Code20242025
Operating income70/76A€49.02M€49.61M▲
Turnover70€48.47M€48.75M▲
Change in stocks of work in progress, finished goods and contracts in progress71€-219k€-84k▲
Own construction capitalised72€176k€274k▲
Other operating income74€585k€667k▲
Non-recurring operating income76A€14k-
Operating charges60/66A€45.92M€44.74M▼
Goods for resale, raw materials and consumables60€9.26M€9.06M▼
Purchases600/8€9.11M€9.03M▼
Change in stocks: decrease (increase)609€141k€31k▼
Services and other goods61€14.25M€13.43M▼
Remuneration, social security and pensions62€16.19M€16.98M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5.97M€5.55M▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€162k€-516k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-787
Other operating charges640/8€29k€121k▲
Non-recurring operating charges66A€61k€113k▲
Operating profit (loss)9901€3.10M€4.87M▲
Financial income75/76B€949k€665k▼
Recurring financial income75€949k€665k▼
Income from financial fixed assets750€921k€130k▼
Income from current assets751€23k€530k▲
Other financial income752/9€5k€5k▼
Financial charges65/66B€149k€330k▲
Recurring financial charges65€149k€210k▲
Debt charges650€83k€94k▲
Other financial charges652/9€67k€116k▲
Non-recurring financial charges66B-€119k
Profit (loss) for the period before taxes9903€3.90M€5.20M▲
Income taxes67/77€1.67M€2.05M▲
Taxes670/3€1.75M€2.20M▲
Tax adjustments and reversals of tax provisions77€76k€145k▲
Profit (loss) for the period9904€2.23M€3.15M▲
Transfer from tax-exempt reserves789-€2.00M
Transfer to tax-exempt reserves689-€998k
Profit (loss) for the period to be appropriated9905€2.23M€4.15M▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.23M€4.15M▲
Transfer to equity691/2€930k€1.20M▲
To other reserves6921€930k€1.20M▲
Profit to be distributed694/7€1.30M€2.95M▲
Return on contributions (dividend)694€1.30M€2.95M▲
Social balance
Average headcount (FTE)9087187.3191.1▲

The notes to these accounts (68 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-07
NBB filing Annual accounts filed
fiscal year 2025 · consolidated
02-07
State Gazette act Reappointment: KPMG Réviseurs d'Entreprises BV/SRL (statutory auditor)
Permanent representative: Fabian Branswyk · Power of attorney4 facts ▸
  • General meeting, 18-05-2026
  • Auditor reappointment, KPMG Réviseurs d'Entreprises BV/SRL (statutory auditor)
  • Permanent representative, Fabian Branswyk
  • Power of attorney, Argo Law BV
10-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
21-10
NBB filing Annual accounts filed
fiscal year 2024 · consolidated · 4 days late
18-08
State Gazette act Resignation: Juan Pujol (director)
2 facts ▸
  • General meeting, 01-08-2025
  • Director resignation, Juan Pujol (director)
04-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 4 days late
15-07
State Gazette act Registered office
Name change · Registered-office move3 facts ▸
  • General meeting, 28-05-2025
  • Name change, Lefebvre Belgium
  • Registered-office move, 1348 Louvain-la-Neuve, Avenue Jean Monnet 4
16-06
State Gazette act Resignation: Olivier Campenon (director)
Appointment: Julien TANGUY (director)3 facts ▸
  • General meeting, 05-05-2025
  • Director resignation, Olivier Campenon (director)
  • Director appointment, Julien TANGUY (director)
2024
23-07
State Gazette act Reappointment: Olivier Campenon (director)
Power of attorney8 facts ▸
  • General meeting, 21-05-2024
  • Director reappointment, Olivier Campenon (director)
  • Power of attorney, Philippe Rens
  • Power of attorney, Argo Law BV
  • Power of attorney, Maud Van Hoorn
  • Power of attorney, Jolien Vekemans
  • Power of attorney, Ad-Ministerie BV
  • Power of attorney, Adriaan De Leeuw
13-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
28-04
NBB filing Annual accounts filed
fiscal year 2022 · consolidated
2023
31-12
Financial Highest result since 2018net €4.54M ▲382%
Operating result €5.35M, net result €4.54M, both a record.
Show earlier events
03-11
State Gazette act Restructuring
Merger · Dissolution · Net-asset statement6 facts ▸
  • General meeting, 31-07-2023
  • Merger, absorption
  • Dissolution, 31-07-2023
  • Net-asset statement, 31-12-2022
  • Accounting effect, 01-01-2023
  • Statutes amendment
30-08
State Gazette act Resignation: Paul-Étienne Pimont (director)
Appointment: WAPAMAX SRL (director) · Permanent representative: Paul-Étienne Pimont · Power of attorney6 facts ▸
  • General meeting, 02-01-2023
  • Director resignation, Paul-Étienne Pimont (director)
  • Director appointment, WAPAMAX SRL (director)
  • Permanent representative, Paul-Étienne Pimont
  • Power of attorney, Argo Law BV
  • Power of attorney, Ad-Ministerie BV
29-06
State Gazette act Reappointments: Lopakick SRL (director) and KPMG Réviseurs d'Entreprises BV/SRL (statutory auditor)
Permanent representative: Fabian Branswyk · Power of attorney5 facts ▸
  • General meeting, 15-05-2023
  • Director reappointment, Lopakick SRL (director)
  • Auditor reappointment, KPMG Réviseurs d'Entreprises BV/SRL (statutory auditor)
  • Permanent representative, Fabian Branswyk
  • Power of attorney, Argo Law BV
23-06
State Gazette act Restructuring
Merger · Accounting effect · Power of attorney8 facts ▸
  • Board meeting, 06-06-2023
  • Merger, absorption
  • Accounting effect, 01-01-2023
  • Power of attorney, Argo BV
  • Power of attorney, Argo BV
  • Power of attorney, Ad-Ministerie BV
  • Egm scheduled, 25-07-2023
  • Power of attorney
13-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Weakest financial yearnet €941k ▼43.3%
Net result drops to €941k, the lowest in the series; recovery starts the following year.
06-12
State Gazette act Resignation: Alinea SRL (managing director)
Appointment: BGJV SRL (director) · Mandate compensation7 facts ▸
  • General meeting, 02-09-2022
  • Director resignation, Alinea SRL (managing director)
  • Director appointment, BGJV SRL (director)
  • Mandate compensation, BGJV SRL
  • Board meeting, 02-09-2022
  • Director resignation, Alinea SRL (personne chargée de la gestion journalière)
  • Director appointment, BGJV SRL (personne chargée de la gestion journalière)
09-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
14-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
22-12
State Gazette act Reappointment: KPMG Réviseurs d'Entreprises SCRL (statutory auditor)
Permanent representative: Dominic Rousselle · Auditor fees4 facts ▸
  • General meeting, 11-05-2020
  • Auditor reappointment, KPMG Réviseurs d'Entreprises SCRL
  • Permanent representative, Dominic Rousselle
  • Auditor fees, 49835 EUR, adaptés chaque année en tenant compte de l'évolution de l'indice santé
01-09
State Gazette act Statutes amendment · Restructuring
Merger · Dissolution · Accounting effect15 facts ▸
  • General meeting, 01-07-2020
  • Merger, absorption, 01-07-2020
  • Merger, absorption, 01-07-2020
  • Dissolution, 01-07-2020
  • Dissolution, 01-07-2020
  • Accounting effect, 01-07-2020
  • Accounting effect, 01-01-2020
  • Statutes amendment
  • Capital, €11.532.575,13
  • Shareholding, enige aandeelhouder
  • Shareholding, enige aandeelhouder
  • Purpose preservation, Artikel 3 van de statuten niet gewijzigd
  • +3 further facts in this act
10-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
27-05
State Gazette act Restructuring
Merger · Accounting effect · Shareholding5 facts ▸
  • Merger, absorption, simplifiée
  • Accounting effect, 01-01-2020
  • Shareholding, totalité des actions
  • Notary, assemblées générales extraordinaires des actionnaires des Sociétés qui fusionnent, à une date restant à fixer, après l'expiration du délai de six semaines de l'…
  • Fiscal regime, exonérations: art. 183bis et 211 CIR 1992; art. 117 §1 et 120 al. 3 Code des droits d'enregistrement et art. 2.9.1.0.3 VCF; art. 11 et 18 §3 Code TVA
27-05
State Gazette act Restructuring
Merger · Accounting effect · Shareholding6 facts ▸
  • Merger, fusion by absorption
  • Accounting effect, 01-01-2020
  • Shareholding, 100%
  • Fiscal regime, vrijstellingsregime: art. 183bis & 211 WIB 1992; art. 117 §1 & 120 VCF; art. 11 & 18 §3 BTW
  • Notary, buitengewone algemene vergaderingen
  • Purpose unchanged, Het voorwerp van de Overnemende Vennootschap blijft ongewijzigd na de fusie
27-05
State Gazette act Restructuring
Merger · Accounting effect · Notary3 facts ▸
  • Merger, absorption, simplified (articles 12:7 and 12:50 CSA)
  • Accounting effect, 01-01-2020
  • Notary, Notaire devant lequel se tiendront les assemblées générales extraordinaires
27-05
State Gazette act Restructuring
Merger · Accounting effect · Power of attorney8 facts ▸
  • Merger, fusion by absorption
  • Accounting effect, 01-01-2020
  • Power of attorney, Argo BV
  • Power of attorney, Ad Ministerie BV
  • Power of attorney, Argo BV
  • Power of attorney, Ad Ministerie BV
  • Fiscal exemption, vrijstellingsregime: artikel 183bis en artikel 211 Wetboek Inkomstenbelastingen 1992; artikel 117, §1 en artikel 120, derde lid Wetboek Registratierechten en ar…
  • Notary, notary before whom the extraordinary general meetings of the merging companies will be held
2019
05-06
State Gazette act Benaming
Name change2 facts ▸
  • General meeting, 13-05-2019
  • Name change, Lefebvre Sarrut Belgium
23-04
State Gazette act Resignation: Audrey PERRIN (director)
Appointment: Juan PUJOL (director) · Director discharge · Mandate compensation5 facts ▸
  • General meeting, 02-01-2019
  • Director resignation, Audrey PERRIN (director)
  • Director discharge, Audrey LEROUX (director)
  • Director appointment, Juan PUJOL (director)
  • Mandate compensation, Juan PUJOL
2018
14-06
State Gazette act Resignation: Dominique Illien (director)
Appointment: Olivier Campenon (director) · Mandate compensation4 facts ▸
  • General meeting, 14-05-2018
  • Director resignation, Dominique Illien (director)
  • Director appointment, Olivier Campenon (director)
  • Mandate compensation, Olivier Campenon
08-01
State Gazette act Miscellaneous
Power of attorney3 facts ▸
  • General meeting, 20-12-2017
  • Shareholder decision, Rectification d'une erreur matérielle dans les décisions du 7 novembre 2017 concernant la rémunération de l'administrateur Paul-Etienne Pimont.
  • Power of attorney, Loyens & Loeff SC SCRL
2017
23-11
State Gazette act Resignation: OLVI Consulting SPRL (director and managing director)
Appointment: Paul-Etienne PIMONT (director) · Mandate compensation10 facts ▸
  • General meeting, 07-11-2017
  • Director resignation, OLVI Consulting SPRL (director and managing director)
  • Director appointment, Paul-Etienne PIMONT (director)
  • Mandate compensation, Paul-Etienne PIMONT
  • Board composition, Audrey LEROUX (épouse PERRIN) (director)
  • Board composition, Dominique ILLIEN (director)
  • Board composition, LOPAKICK SPRL (director)
  • Board composition, Alinea CVBA (managing director)
  • Board composition, Fiskaal Kantoor Bollaerts BVBA (director)
  • Board composition, Paul-Etienne PIMONT (director)
04-08
State Gazette act Capital & shares · Resignations & appointments · Restructuring
Permanent representatives: Peter Marcel BOSSCHEM and Gerard Eric GLORIEUX · Merger · Net-asset statement11 facts ▸
  • General meeting, 03-07-2017
  • Merger, absorption, 03-07-2017
  • Net-asset statement, 31-12-2016
  • Accounting effect, 01-01-2017
  • Capital, €11.532.575,13
  • Name change, ELS Belgium
  • Permanent representative, Peter Marcel BOSSCHEM
  • Permanent representative, Gerard Eric GLORIEUX
  • Mandate compensation, ALINEA
  • Mandate compensation, FISKAAL KANTOOR BOLLAERTS
  • Power of attorney, Loyens & Loeff BV CVBA
07-07
State Gazette act Resignation: Deloitte Réviseurs d'entreprises (statutory auditor)
Appointments: KPMG Réviseurs d'Entreprises SCSCRL, Alinea CVBA/SCRL and OLVI CONSULTING SPRL · Permanent representatives: Dominic Rousselle, Peter BOSSCHEM and Marc-Olivier LIFRANGE · Auditor fees10 facts ▸
  • General meeting, 08-05-2017
  • Director resignation, Deloitte Réviseurs d'entreprises (statutory auditor)
  • Auditor appointment, KPMG Réviseurs d'Entreprises SCSCRL (statutory auditor)
  • Permanent representative, Dominic Rousselle
  • Board meeting, 20-06-2017
  • Director appointment, Alinea CVBA/SCRL (daily management delegate)
  • Permanent representative, Peter BOSSCHEM
  • Director appointment, OLVI CONSULTING SPRL (daily management delegate)
  • Permanent representative, Marc-Olivier LIFRANGE
  • Auditor fees, 30.750 EUR, indice santé
16-06
State Gazette act Appointment: OLVI Consulting (managing director)
Permanent representative: Marc-Olivier LIFRANGE3 facts ▸
  • Board meeting, 20-04-2017
  • Director appointment, OLVI Consulting (managing director)
  • Permanent representative, Marc-Olivier LIFRANGE
14-06
State Gazette act Capital & shares · Purpose · Resignations & appointments · Restructuring
Permanent representatives: Marc-Olivier Paul LIFRANGE and Jean-Patrick Marie RAEMDONCK van MEGRODE · Merger · Balance sheet date16 facts ▸
  • General meeting, 28-04-2017
  • Merger, absorption, 28-04-2017
  • Merger, absorption, 28-04-2017
  • Balance sheet date, 31-12-2016
  • Exchange ratio, 7,3559, 88263
  • Capital increase, €24.202.612,89
  • Purpose change, De vennootschap heeft tot doel activiteiten te verrichten die rechtstreeks of onrechtstreeks verband houden met: de uitgave, versprelding, verdeling, aanbieding…
  • Capital decrease, €18.049.915
  • Reserve formation, eigen aandelen
  • Share cancellation, 92609
  • Capital, €6.764.575,13
  • Statutes amendment
  • +4 further facts in this act
31-05
State Gazette act Restructuring
Appointment: KPMG Bedrijfsrevisoren BV CVBA (statutory auditor) · Merger · Net-asset statement10 facts ▸
  • Merger, 18-05-2017
  • Net-asset statement, 01-01-2017
  • Net-asset statement, 01-01-2017
  • Share issue, 148992, 77526
  • Share issue, 2, 1
  • Accounting effect, 01-01-2017
  • Cash consideration, 0, EUR
  • Auditor appointment, KPMG Bedrijfsrevisoren BV CVBA
  • Tax regime, neutraal
  • Ownership, intragroup merger; ELS is also sole shareholder of the absorbing company (e1), 99.99
29-03
State Gazette act Restructuring · Miscellaneous
Merger · Accounting effect · Shareholding6 facts ▸
  • Board meeting, 13-03-2017
  • Merger, fusie door overneming
  • Accounting effect, 01-01-2017
  • Shareholding, enige vennoot / enige aandeelhouder
  • Officer overlap, LARCIER DISTRIBUTION SERVICES
  • Fiscal regime, neutraal regime vennootschapsbelasting (art. 183bis en 211 WIB), registratierechten (art. 117 §2 en 120), BTW (art. 11 en 18 §3)
29-03
State Gazette act Restructuring · Miscellaneous
Merger · Share issue · Accounting effect5 facts ▸
  • Board meeting, 13-03-2017
  • Merger, 7,3559 aandelen van de Overnemende Vennootschap voor 1 aandeel van de Over te Nemen Vennootschap, 11999
  • Share issue, op naam, zonder vermelding van de nominale waarde, 88263
  • Accounting effect, 01-01-2017
  • Power of attorney, Loyens & Loeff CVBA
24-02
State Gazette act Reappointment: Deloitte Réviseurs d'entreprises (statutory auditor)
2 facts ▸
  • General meeting, 30-06-2015
  • Auditor reappointment, Deloitte Réviseurs d'entreprises
18-01
State Gazette act Capital & shares · Statutes amendment · Resignations & appointments
Capital increase · Share issue · Statutes amendment7 facts ▸
  • General meeting, 19-12-2016
  • Capital increase, €80.406,93
  • Share issue, actions nouvelles, sans désignation de valeur nominale, 14010
  • Statutes amendment
  • Name change, GLAR
  • Capital, €611.877,24
  • Share premium, différence entre la valeur conventionnelle de l'apport et le montant nominal de l'augmentation de capital
2016
08-07
State Gazette act Resignations: LOPAKICK SPRL (director) and Anne JACOBS (director)
Appointments: Audrey LEROUX (ép. PERRIN) (director) and Dominique ILLIEN (director) · Reappointment: Marc-Olivier LIFRANGE (director) · Mandate compensation9 facts ▸
  • General meeting, 13/06/2016
  • Director resignation, LOPAKICK SPRL (director)
  • Director resignation, Anne JACOBS (director)
  • Director appointment, Audrey LEROUX (ép. PERRIN) (director)
  • Director appointment, Dominique ILLIEN (director)
  • Mandate compensation, Audrey LEROUX (ép. PERRIN)
  • Mandate compensation, Dominique ILLIEN
  • Director reappointment, Marc-Olivier LIFRANGE (director)
  • Mandate compensation, Marc-Olivier LIFRANGE
2015
28-05
State Gazette act Resignation: Joëlle Leruth (director)
Appointment: LOPAKICK (director) · Permanent representative: Jean-Patrick Raemdonck van Megrode · Registered-office move6 facts ▸
  • General meeting, 24-04-2015
  • Director resignation, Joëlle Leruth (director)
  • Director appointment, LOPAKICK (director)
  • Permanent representative, Jean-Patrick Raemdonck van Megrode
  • Board meeting, 27-04-2015
  • Registered-office move, rue Haute 139/6 à 1000 Bruxelles
25-03
State Gazette act Capital & shares
Demerger · Accounting effect4 facts ▸
  • Board meeting, 07-11-2014
  • Board meeting, 07-11-2014
  • Demerger, transfer of business branch, 31-12-2014
  • Accounting effect, 31-12-2014
05-02
State Gazette act Miscellaneous
General meeting1 fact ▸
  • General meeting, 18-12-2014
2014
20-11
State Gazette act Capital & shares
Demerger1 fact ▸
  • Demerger, WPG Uitgevers België
26-08
State Gazette act Miscellaneous
General meeting1 fact ▸
  • General meeting, 25-07-2014
25-07
State Gazette act Capital & shares
Capital decrease · Capital · Statutes amendment4 facts ▸
  • General meeting, 19-06-2014
  • Capital decrease, €2.295.000
  • Capital, €531.470,31
  • Statutes amendment
04-02
State Gazette act Resignations: Vincent Simonart, Michel Jezierski and 2 others
Appointments: Anne Jacobs, Joëlle Leruth and Marc-Olivier Lifrange · Mandate compensation11 facts ▸
  • General meeting, 09-12-2013
  • Director resignation, Vincent Simonart (director)
  • Director resignation, Michel Jezierski (director)
  • Director resignation, Kenloo (director)
  • Director appointment, Anne Jacobs (director)
  • Director appointment, Joëlle Leruth (director)
  • Mandate compensation, Anne Jacobs
  • Mandate compensation, Joëlle Leruth
  • Board meeting, 09-12-2013
  • Director appointment, Marc-Olivier Lifrange (managing director)
  • Director resignation, Philippe Hosten (permanent representative)
2013
14-10
State Gazette act Appointment: Marc-Olivier Lifrange (director)
Mandate compensation3 facts ▸
  • General meeting, 17-09-2013
  • Director appointment, Marc-Olivier Lifrange (director)
  • Mandate compensation, Marc-Olivier Lifrange
25-06
State Gazette act Miscellaneous
Statutes amendment1 fact ▸
  • Statutes amendment
30-04
State Gazette act Resignations & appointments
Name change2 facts ▸
  • General meeting, 18-04-2013
  • Name change, GROUPE LARCIER
23-04
State Gazette act Reappointment: Vincent SIMONART (director)
2 facts ▸
  • General meeting, 21-05-2012
  • Director reappointment, Vincent SIMONART (director)
16-01
State Gazette act Reappointment: Deloitte Reviseurs d'Entreprises (statutory auditor)
2 facts ▸
  • General meeting, 14-05-2012
  • Auditor reappointment, Deloitte Reviseurs d'Entreprises
2012
21-08
State Gazette act Capital & shares · Statutes amendment · Restructuring
Demerger · Capital decrease · Capital7 facts ▸
  • General meeting, 31-07-2012
  • Demerger, scolaire, transmission universelle
  • Demerger, universitaire, transmission universelle
  • Capital decrease, €6.711.745,56
  • Capital, €2.826.470,31
  • Statutes amendment
  • Suspensive condition, Les résolutions relatives à la scission partielle sont prises sous la condition suspensive des décisions concordantes de scission partielle et d'augmentation de…
13-06
State Gazette act Restructuring · Miscellaneous
Demerger · Share issue · Accounting effect20 facts ▸
  • Board meeting, 01-06-2012
  • Demerger, partie du patrimoine actif et passif de la société < Groupe De Boeck SA > ayant trait aux activités d'édition et de diffusion d'ouvrages éducatifs... (les activ…
  • Demerger, partie du patrimoine actif et passif de la Société à Scinder Partiellement ayant trait aux activités d'édition et de diffusion d'ouvrages... (les activités dite…
  • Share issue, 1899444, rémunération de la Contribution Scolaire
  • Share issue, 10082610, rémunération de la Contribution Universitaire
  • Accounting effect, 01-01-2012
  • No cash consideration, Aucune soulte ne sera versée en rémunération des Contributions. Les Sociétés Bénéficiaires n'émettront que des actions en contrepartie de chacune des Contributi…
  • Share characteristics, Les nouvelles actions émises par les Sociétés Bénéficiaires seront nominatives et bénéficieront des mêmes droits et obligations que les actions existantes des S…
  • Share pledge, Les nouvelles actions sont gagées en faveur de KBC Bank NV (en tant qu'agent des sûretés) dans le cadre du Senior Facilities Agreement
  • Asset transfer, 600 parts sociales numérotées de 1 à 600 de De Boeck Services SPRL (KBO 0425445067)
  • Asset transfer, 600 parts sociales numérotées de 601 à 1200 de De Boeck Services SPRL (KBO 0425445067)
  • Asset transfer, 1.839.994 actions de De Boeck Diffusion S.A. (75005 Paris, RCS 352 563 191)
  • +8 further facts in this act
2011
19-05
State Gazette act Resignations: Editis Holding SA, Editis SA and 3 others
Appointments: KENLOO S.A.R.L (director) and Michel Jezierski (director) · Power of attorney9 facts ▸
  • General meeting, 19-04-2011
  • Director resignation, Editis Holding SA (director)
  • Director resignation, Editis SA (director)
  • Director resignation, Editis Belgium SA (director)
  • Director resignation, Editis Belgium Financing SA (director)
  • Director resignation, Catherine Lucet (director)
  • Director appointment, KENLOO S.A.R.L (director)
  • Director appointment, Michel Jezierski (director)
  • Power of attorney, Inge Stiers
23-02
State Gazette act Statutes amendment
2 facts ▸
  • General meeting, 24-11-2010
  • Statutes amendment
21-02
State Gazette act Resignations: Joan Odina Torrecillas, Christian De Boeck and 2 others
Appointments: Roland Peyraube (permanent representative) and Vincent Simonart (director)11 facts ▸
  • General meeting, 28-04-2010
  • Director resignation, Joan Odina Torrecillas (permanent representative)
  • Director appointment, Roland Peyraube (permanent representative)
  • General meeting, 18-12-2010
  • Director resignation, Christian De Boeck (director)
  • Director resignation, Bernard Remiche (director)
  • Director resignation, Georges Hoyos (director)
  • Director resignation, Georges Hoyos (managing director)
  • Director appointment, Vincent Simonart (director)
  • Board meeting, 01-12-2010
  • Director appointment, Vincent Simonart (managing director)
2010
01-06
State Gazette act Reappointments: Georges Hoyos, Bernard Remiche and Christian De Boeck
Resignation: Ernst & Young Reviseurs d'Entreprises (commissaire aux comptes) · Appointment: Deloitte Reviseurs d'Entreprises (commissaire aux comptes) · Permanent representative: Pierre-Hughes Bonnefoy8 facts ▸
  • General meeting, 30-06-2009
  • General meeting, 07-07-2009
  • Director reappointment, Georges Hoyos (managing director)
  • Director reappointment, Bernard Remiche (director)
  • Director reappointment, Christian De Boeck (director)
  • Director resignation, Ernst & Young Reviseurs d'Entreprises (commissaire aux comptes)
  • Auditor appointment, Deloitte Reviseurs d'Entreprises (commissaire aux comptes)
  • Permanent representative, Pierre-Hughes Bonnefoy
2008
01-09
State Gazette act Statutes amendment · Resignations & appointments · Restructuring
Merger · Dissolution · Name change14 facts ▸
  • General meeting, 17-06-2008
  • Merger, 17-06-2008
  • Merger, 17-06-2008
  • Dissolution, 17-06-2008
  • Dissolution, 17-06-2008
  • Name change, GROUPE DE BOECK / GROEP DE BOECK
  • Capital decrease, €1.846.042,23
  • Capital, €9.538.215,87
  • Statutes amendment
  • Statutes amendment
  • Sole shareholder, unique actionnaire
  • Sole shareholder, unique actionnaire
  • +2 further facts in this act
2007
25-07
State Gazette act Resignations: Girolatte s.p.r.l., Christian De Boeck and 6 others
Appointments: Editis Holding société anonyme à directoire et conseil de surveillance, Editis société anonyme and 7 others · Permanent representatives: Alain Tchekerul Kouch, Isabelle Ramond-Bailly and 2 others · Reappointment: Georges Hoyos (managing director)28 facts ▸
  • General meeting, 03/04/2007
  • Director resignation, Girolatte s.p.r.l. (director)
  • Director resignation, Christian De Boeck (director)
  • Director resignation, Luc de Voghel (director)
  • Director resignation, Jacques Druart (director)
  • Director resignation, Georges Hoyos (director)
  • Director resignation, Bernard Lecherbonnier (director)
  • Director resignation, Pierre Moorkens (director)
  • Director resignation, Bernard Remiche (director)
  • Director appointment, Editis Holding société anonyme à directoire et conseil de surveillance (director)
  • Permanent representative, Alain Tchekerul Kouch
  • Director appointment, Editis société anonyme (director)
  • +16 further facts in this act
2006
08-09
State Gazette act Resignations: The futur is now, Christian De Boeck and 6 others
Reappointments: Christian De Boeck, Georges Hoyos and 2 others13 facts ▸
  • General meeting, 19-06-2006
  • Director resignation, The futur is now (director)
  • Director resignation, Christian De Boeck (director)
  • Director resignation, Luc de Voghel (director)
  • Director resignation, Georges Hoyos (director)
  • Director resignation, Bernard Remiche (director)
  • Director resignation, Michel Rouger (director)
  • Director resignation, Pierre Legros (director)
  • Director resignation, Simone Susskind (director)
  • Director reappointment, Christian De Boeck (chair)
  • Director reappointment, Georges Hoyos (managing director)
  • Director reappointment, Luc de Voghel (director)
  • +1 further facts in this act
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.An act published in both Dutch and French appears here once.

Directors · office · real estate

Directors
13 directors, no change since 2025
Julien TANGUY
Director · since 05-05-2025
Current
WAPAMAX
Director · since 02-01-2023 · Private limited company · perm. rep.: Paul-Étienne Pimont
Current
BGJV
Director · since 01-09-2022 · Private limited company
Current
LOPAKICK
Director · since 16-03-2015 · Private limited company · perm. rep.: Jean-Patrick Raemdonck van Megrode
Current
OLVI Consulting
Managing director · since 28-04-2017 · Legal entity · perm. rep.: Marc-Olivier LIFRANGE
Not recently confirmed
Audrey LEROUX (ép. PERRIN)
Director · since 13-06-2016
Not recently confirmed
7 other directors
Marc-Olivier Lifrange
Director · since 17-09-2013
Not recently confirmed
KENLOO S.A.R.L
Director · since 19-04-2011 · Legal entity
Not recently confirmed
Alain Tchekerul Kouch
Chair of the board · since 03-04-2007
Not recently confirmed
Editis Belgium Financing société anonyme
Director · since 03-04-2007 · Legal entity · perm. rep.: Mathieu Quéré
Not recently confirmed
Editis Belgium société anonyme
Director · since 03-04-2007 · Legal entity · perm. rep.: Erwan Taton
Not recently confirmed
Editis Holding société anonyme à directoire et conseil de surveillance
Director · since 03-04-2007 · Legal entity · perm. rep.: Alain Tchekerul Kouch
Not recently confirmed
Editis société anonyme
Director · since 03-04-2007 · Legal entity · perm. rep.: Isabelle Ramond-Bailly
Not recently confirmed
19-05-2025 Juan PUJOL: Resigned as Director
05-05-2025 Julien TANGUY: Appointed as Director
05-05-2025 Olivier Campenon: Resigned as Director
02-01-2023 WAPAMAX: Appointed as Director
02-01-2023 Paul-Etienne PIMONT: Resigned as Director
Full history in the Timeline (75 changes) →
Location & real-estate footprint
Registered office, Ottignies-Louvain-la-Neuve · 3 establishment units since 1992
establishment approximate All 3 establishment units on the map
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.

Avenue Jean Monnet 41348 Ottignies-Louvain-la-Neuve
Ground area
2.7 ha
Building footprint
2,710 m²
Volume, LiDAR
29,350 m³
3 parcels, Flanders, Wallonia · tallest building 21.6 m, ±6 floors. Linked by address, not a title deed.
3 establishment units
Lefebvre Sarrut Belgium
Avenue Jean Monnet 4, 1348 Ottignies-Louvain-la-NeuveManufacture of rubber and plastic products
since 19922.210.480.045
Lefebvre Sarrut Belgium
Roderveldlaan 1, 2600 AntwerpenRetail trade
since 20152.240.284.482
Lefebvre Sarrut Belgium
Oktrooiplein 1, 9000 GentRetail trade
since 20172.270.699.922
3 parcels
Flanders 2 (66.7%) Wallonia 1 (33.3%)
Parcel (capakey) Region Area Buildings Height / fl.
25384A0111/00S000indicative Wallonia 1.6 ha - -
11003A0289/00R000 Flanders 8,940 m² 1 · 1,120 m² 21.6 m · 6 fl.
44807G0728/02L013 Flanders 1,619 m² 1 · 1,590 m² 18.6 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
2 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Statutory auditor

1 auditor
KPMG Réviseurs d'Entreprises BV/SRLCurrent
Statutory auditor · represented by Fabian Branswyk
15-05-2023 → present
Show 5 earlier auditors
Deloitte Réviseurs d'Entreprises
Auditor
30-06-2009 → 08-05-2017
Ernst & Young Réviseurs d'entreprises
Commissaire aux comptes
- → 30-06-2009
KPMG BEDRIJFSREVISOREN BV CVBA
Auditor · represented by e6
succeeded by KPMG Réviseurs d'Entreprises SCRL in 2020
19-05-2017 → 11-05-2020
KPMG Réviseurs d'Entreprises SCRL
Auditor · represented by Dominic Rousselle
succeeded by KPMG Réviseurs d'Entreprises BV/SRL in 2023
11-05-2020 → 15-05-2023
KPMG Réviseurs d'Entreprises SCSCRL
Statutory auditor · represented by Dominic Rousselle
succeeded by KPMG Réviseurs d'Entreprises SCRL in 2020
08-05-2017 → 11-05-2020

Articles of association

Purpose
Activiteiten die rechtstreeks of onrechtstreeks verband houden met (i) de uitgave, verspreiding, verdeling, aanbieding, aankoop, verkoop, import en export van elke publicatie, boek…
Full purpose

Activiteiten die rechtstreeks of onrechtstreeks verband houden met (i) de uitgave, verspreiding, verdeling, aanbieding, aankoop, verkoop, import en export van elke publicatie, boek en krant en, in het algemeen, van alle media; (ii) het adviseren, het uitvoeren van studies, het verrichten van diensten in verband met elke publicatie en alle media; (iii) opleiding en onderzoek op gebieden die betrekking hebben op de publicatie en verspreiding van publicaties en media.

according to the deed of 01-09-2020

Structure & network

Connections & network

13 connected companies
Ardenne et Gaume, Shared director AEArdenne etGaumeAssociation des éditeurs belges, Shared director ADAssociation deséditeurs belgesCentre hospitalier universitaire de Tivoli - Institut médical des Mutualités socialistes, Shared director CHCentrehospitalier…Cliniques universitaires Saint-Luc, Shared director CUCliniquesuniversitaires…EPM ACADEMY, Shared director EAEPM ACADEMYINTERMUTUALISTISCH AGENTSCHAP, Shared director IAINTERMUTUALIS…AGENTSCHAPLa Famille d'Accueil, Shared director LFLa Familled'AccueilLesse, Nature & Patrimoine, Shared director LNLesse, Nature& PatrimoinePLATEFORME POUR L'AMÉLIORATION DE LA QUALITÉ DES SERVICES DE SANTE, Shared director PPPLATEFORMEPOUR…SAFRANS ASBL, Shared director SASAFRANS ASBLSIEMENS, Shared director SSIEMENSTEMPORA, 4 shared directors TTEMPORAVincent Simonart, Shared director VSVincentSimonartLefebvre Belgium LefebvreBelgium0436.181.878
Shared directors
Linked via shared directors
Show 9 more companies with a shared director
EPM ACADEMY
Shared director
→
La Famille d'Accueil
Shared director
→
→
SAFRANS ASBL
Shared director
→
SIEMENS
Shared director
→
TEMPORA
Shared director
→
Vincent Simonart
Shared director
→

Ownership & control

1 board mandate
Board mandates of this companythis company sits on their board1
COOPERATIVE DE PERCEPTION ET D'INDEMNISATION DES EDITEURS BELGES
2 locations

Acquisitions and mergers

11 transactions
BE 0553.630.468merger by absorption · State Gazette act of 03-11-2023 (3 acts) · effective 31-07-2023
Took over:INTERPUBLISHING
BE 0651.826.439simplified merger · State Gazette act of 01-09-2020 (4 acts) · effective 01-07-2020
Took over:INTERSENTIA
BE 0458.376.171simplified merger · State Gazette act of 01-09-2020 (4 acts) · effective 01-07-2020
Took over:INDICATOR
BE 0887.611.663merger by absorption · State Gazette act of 04-08-2017 (4 acts) · effective 03-07-2017
BE 0533.794.166merger by absorption · State Gazette act of 14-06-2017 (4 acts) · effective 28-04-2017
Took over:LARCIER HOLDING
BE 0443.693.044merger by absorption · State Gazette act of 14-06-2017 (4 acts) · effective 28-04-2017
BE 0401.429.946merger by absorption · State Gazette act of 01-09-2008 · effective 17-06-2008
Took over:LEXALIS
merger by absorption · State Gazette act of 01-09-2008 · effective 17-06-2008
Received in a demerger part of:WPG Uitgevers België
BE 0426.929.860State Gazette act of 25-03-2015 (2 acts) · effective 31-12-2014
Split off to:DE BOECK EDUCATION
BE 0846.296.591partial demerger · State Gazette act of 21-08-2012 (2 acts)
Split off to:DE BOECK SUPERIEUR
BE 0846.226.614partial demerger · State Gazette act of 21-08-2012 (2 acts)

Capital and shareholders

Capital over the years
  1. 01-09-2020 Capital stated in the act · 11,532,575.13 EUR · 251,267 shares
  2. 04-08-2017 Capital increase · to 11,532,575.13 EUR · 251,267 new shares
  3. 14-06-2017 Capital increase of 24,202,612.89 EUR · to 24,814,490.13 EUR · 88,263 new shares
  4. 14-06-2017 Capital reduction of 18,049,915 EUR · to 6,764,575.13 EUR · “Constitution d'une réserve indisponible 'actions propres' de 33.431.270,00 EUR”
  5. 18-01-2017 Capital increase of 80,406.93 EUR · to 611,877.24 EUR · 14,010 new shares
  6. 25-07-2014 Capital reduction of 2,295,000 EUR · to 531,470.31 EUR · repaid to the shareholders
  7. 21-08-2012 Capital reduction of 6,711,745.56 EUR · to 2,826,470.31 EUR
  8. 01-09-2008 Capital reduction of 1,846,042.23 EUR · to 9,538,215.87 EUR

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 16,635 EUR awarded · 16,635 EUR paid
Year Entries awardedpaid
2025 1 4,686 EUR4,686 EUR
2024 1 1,448 EUR1,448 EUR
2023 1 6,731 EUR6,731 EUR
2022 1 3,770 EUR3,770 EUR
Schemes
Vlaams opleidingsverlof (VOV)
4 entries · 16,635 EUR · 16,635 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Legal Entity Identifier

549300P8MRISHL8X8E29
no longer live in the LEI register

Similar companies · same sector, comparable size

EDITIONS CASTERMAN
BE 0466.745.984
Brussel · Eq €18.58M
UITGEVERIJ LANNOO
BE 0446.201.582
Tielt · Eq €16.67M
INTERNATIONAL MERCHANDISING, PROMOTION AND SERVICES
BE 0426.198.796
Rixensart · Eq €15.56M
WOLTERS KLUWER BELGIUM
BE 0405.772.873
Mechelen · Eq €27.69M
PLANTYN
BE 0887.899.693
Antwerpen · Eq €13.13M
Of 1,112 companies in sector 58110 we hold annual accounts for 363. 27 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded16-12-1988
Fiscal year end31-12
Activities, NACEBEL 2025
58110Book publishing
47120Other non-specialised retail sale
58290Other software publishing
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 44 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

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