Lebeau Residential
ActiveSummary
Lebeau Residential has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.99M and a net result of €945k. Equity is shrinking by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 36% of 4556 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability56▲+19
Solvency49▲+11
Growth38▲+16
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity ample (current ratio 1.93 against 1.69 in 2024; short-term debt: 51.7% and cash: 0% of total assets), but 76.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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
23.9%
Return on assets
7.6%
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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €2.99M
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
11 d late
2024
42 d early
2023
41 d early
2022
41 d early
2021
22 d late
2020
1 d early
2019
66 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, full schema
Turnover
€1.27M▲ 1,467%
2019 · €81k
2018: €4.42Mhighest in 3 years
2019: €81k▼ -98.2% vs 2018lowest in 3 years
2020: €1.27M▲ +1467% vs 2019
2018 → 2020
EBIT margin
-5.5%▼ 215.4pp
2019 · 209.9%
2018: 1.8%
2019: 209.9%▲ +11559% vs 2018highest in 3 years
2020: -5.5%▼ -103% vs 2019lowest in 3 years
2018 → 2020
Net result
€945k
2024 · €-30k
2018: €17k
2019: €161k▲ +867% vs 2018
2020: €-14k▼ -109% vs 2019
2021: €-261k▼ -1710% vs 2020lowest in 8 years
2022: €283k▲ +209% vs 2021
2023: €148k▼ -47.7% vs 2022
2024: €-30k▼ -121% vs 2023
2025: €945k▲ +3205% vs 2024highest in 8 years
2018 → 2025
Working capital
€6.03M▼ 7.8%
2024 · €6.54M
2018: €3.20M
2019: €4.10M▲ +28.3% vs 2018
2020: €2.36M▼ -42.5% vs 2019
2021: €5.09M▲ +116% vs 2020
2022: €1.93M▼ -62.2% vs 2021lowest in 8 years
2023: €2.07M▲ +7.7% vs 2022
2024: €6.54M▲ +215% vs 2023highest in 8 years
2025: €6.03M▼ -7.8% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5.09M-€1.93M▼ 62.2%€2.07M▲ 7.7%€2.04M▼ 1.5%€2.99M▲ 46.2%
2021: €5.09Mhighest in 5 years
2022: €1.93M▼ -62.2% vs 2021lowest in 5 years
2023: €2.07M▲ +7.7% vs 2022
2024: €2.04M▼ -1.5% vs 2023
2025: €2.99M▲ +46.2% vs 2024
Operating result€-223k-€277k€164k▼ 40.5%€-8k€1.29M
2021: €-223klowest in 5 years
2022: €277k▲ +224% vs 2021
2023: €164k▼ -40.5% vs 2022
2024: €-8k▼ -105% vs 2023
2025: €1.29M▲ +15528% vs 2024highest in 5 years
Net result€-261k-€283k€148k▼ 47.7%€-30k€945k
2021: €-261klowest in 5 years
2022: €283k▲ +209% vs 2021
2023: €148k▼ -47.7% vs 2022
2024: €-30k▼ -121% vs 2023
2025: €945k▲ +3205% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €1.29M after a loss of €8k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €12.48M
Equity
€2.99M ▲ 46.2%
Debt
€9.49M ▼ 32.0%
Debt's share of the balance-sheet total falls from 87.2% to 76.1%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.93▲
2024 · 1.69
Quick ratio
0.00▼
2024 · 0.23
Debt to equity
3.18▼
2024 · 6.83
ROE
31.6%▲
2024 · -1.5%
ROA
7.6%▲
2024 · -0.2%
Debt ≤ 1 year
€6.45M▼
2024 · €9.46M
Debt > 1 year
€3.04M▼
2024 · €4.48M
Income taxes
€341k▲
2024 · €3k
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€16.00M€12.48M▼
Current assets29/58€16.00M€12.48M▼
Stocks and contracts in progress3€13.85M€12.45M▼
Stocks30/36€13.85M€12.45M▼
Amounts receivable within one year40/41€69k€25k▼
Trade receivables40€32k€22k▼
Other amounts receivable41€37k€3k▼
Cash at bank and in hand54/58€2.08M€4k▼
Equity and liabilities
Total equity and liabilities10/49€16.00M€12.48M▼
Equity10/15€2.04M€2.99M▲
Contributions10/11€1.75M€1.75M=
Capital10€1.75M€1.75M=
Issued capital100€1.75M€1.75M=
Reserves13€175k€175k=
Non-distributable reserves130/1€175k€175k=
Legal reserve130€175k€175k=
Profit (loss) carried forward14€118k€1.06M▲
Amounts payable17/49€13.96M€9.49M▼
Amounts payable after more than one year17€4.48M€3.04M▼
Other amounts payable178/9€4.48M€3.04M▼
Amounts payable within one year42/48€9.46M€6.45M▼
Financial debts43€9.46M€6.11M▼
Credit institutions430/8€9.46M€6.11M▼
Trade debts44€746€3k▲
Suppliers440/4€746€3k▲
Taxes, remuneration and social security45€3k€341k▲
Taxes450/3€3k€341k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€16k€0▼
Income statement
Code20242025
Non-recurring operating income76A-€7k
Other operating charges640/8€0€998▲
Gross operating margin9900€-8k€1.29M▲
Operating profit (loss)9901€-8k€1.29M▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€19k€1k▼
Recurring financial charges65€19k€1k▼
Profit (loss) for the period before taxes9903€-27k€1.29M▲
Income taxes67/77€3k€341k▲
Profit (loss) for the period9904€-30k€945k▲
Profit (loss) for the period to be appropriated9905€-30k€945k▲
Appropriation of the result
Profit (loss) to be appropriated9906€118k€1.06M▲
Profit (loss) brought forward from the previous period14P€148k€118k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €61k | €0 | - | €7k | - |
| Other operating charges640/8 | €525 | €1k | €960 | €0 | €998 | - |
| Gross operating margin9900 | €-222k | €278k | €165k | €-8k | €1.29M | ▲ 15,540% |
| Operating profit (loss)9901 | €-223k | €277k | €164k | €-8k | €1.29M | ▲ 15,528% |
| Financial income75/76B | €10k | €92k | €55k | €0 | - | - |
| Recurring financial income75 | €10k | €92k | €55k | €0 | - | - |
| Non-recurring financial income76B | €0 | - | - | - | - | - |
| Financial charges65/66B | €27k | €12k | €23k | €19k | €1k | ▼ 94.1% |
| Recurring financial charges65 | €27k | €12k | €23k | €19k | €1k | ▼ 94.1% |
| Profit (loss) for the period before taxes9903 | €-240k | €356k | €196k | €-27k | €1.29M | ▲ 4,793% |
| Income taxes67/77 | €21k | €73k | €47k | €3k | €341k | ▲ 11,206% |
| Profit (loss) for the period9904 | €-261k | €283k | €148k | €-30k | €945k | ▲ 3,205% |
| Profit (loss) for the period to be appropriated9905 | €-261k | €283k | €148k | €-30k | €945k | ▲ 3,205% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.29M | €5.55M | €3.14M | €16.00M | €12.48M | ▼ 22.0% |
| Fixed assets21/28 | €0 | - | - | - | - | - |
| Financial fixed assets28 | €0 | - | - | - | - | - |
| Current assets29/58 | €5.29M | €5.55M | €3.14M | €16.00M | €12.48M | ▼ 22.0% |
| Stocks and contracts in progress3 | €390k | €433k | €466k | €13.85M | €12.45M | ▼ 10.1% |
| Stocks30/36 | €390k | €433k | €466k | €13.85M | €12.45M | ▼ 10.1% |
| Amounts receivable within one year40/41 | €2.59M | €2.66M | €273k | €69k | €25k | ▼ 63.2% |
| Trade receivables40 | €35k | €33k | €31k | €32k | €22k | ▼ 29.9% |
| Other amounts receivable41 | €2.55M | €2.63M | €242k | €37k | €3k | ▼ 91.9% |
| Cash at bank and in hand54/58 | €2.32M | €2.46M | €2.40M | €2.08M | €4k | ▼ 99.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.29M | €5.55M | €3.14M | €16.00M | €12.48M | ▼ 22.0% |
| Equity10/15 | €5.09M | €1.93M | €2.07M | €2.04M | €2.99M | ▲ 46.2% |
| Contributions10/11 | €1.75M | €1.75M | €1.75M | €1.75M | €1.75M | = |
| Capital10 | €1.75M | €1.75M | €1.75M | €1.75M | €1.75M | = |
| Issued capital100 | €1.75M | €1.75M | €1.75M | €1.75M | €1.75M | = |
| Reserves13 | €175k | €175k | €175k | €175k | €175k | = |
| Non-distributable reserves130/1 | €175k | €175k | €175k | €175k | €175k | = |
| Legal reserve130 | €175k | €175k | €175k | €175k | €175k | = |
| Profit (loss) carried forward14 | €3.16M | €0 | €148k | €118k | €1.06M | ▲ 803% |
| Amounts payable17/49 | €207k | €3.63M | €1.07M | €13.96M | €9.49M | ▼ 32.0% |
| Amounts payable after more than one year17 | - | - | - | €4.48M | €3.04M | ▼ 32.1% |
| Other amounts payable178/9 | - | - | - | €4.48M | €3.04M | ▼ 32.1% |
| Amounts payable within one year42/48 | €207k | €3.63M | €1.07M | €9.46M | €6.45M | ▼ 31.8% |
| Financial debts43 | - | - | - | €9.46M | €6.11M | ▼ 35.4% |
| Credit institutions430/8 | - | - | - | €9.46M | €6.11M | ▼ 35.4% |
| Trade debts44 | €201k | €184k | €0 | €746 | €3k | ▲ 357% |
| Suppliers440/4 | €201k | €184k | €0 | €746 | €3k | ▲ 357% |
| Taxes, remuneration and social security45 | €6k | €0 | €52k | €3k | €341k | ▲ 11,206% |
| Taxes450/3 | €6k | €0 | €52k | €3k | €341k | ▲ 11,206% |
| Other amounts payable47/48 | €0 | €3.44M | €1.02M | €0 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €16k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-261k | €283k | €148k | €-30k | €945k | ▲ 3,205% |
| Operating cash flow (approximation) | €-261k | €283k | €148k | €-30k | €945k | ▲ 3,205% |
| Change in cash | - | €144k | €-58k | €-317k | €-2.08M | ▼ 556% |
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
Next filing, fiscal year 2026, expected by
2026
14-09
State Gazette act
Permanent representatives: Frederic Poesen and Jonas NachtergaeleReappointment: L.A.W. BV (director) · Power of attorney5 facts ▸
State Gazette act
Permanent representatives: Frederic Poesen and Jonas Nachtergaele
Reappointment: L.A.W. BV (director) · Power of attorney5 facts ▸
- General meeting, 24-06-2026
- Permanent representative, Frederic Poesen (permanent representative)
- Permanent representative, Jonas Nachtergaele (permanent representative)
- Director reappointment, L.A.W. BV (director)
- Power of attorney, B-docs BV
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 11 days late
2025
31-12
Financial
Back to profitnet €945k
Net result €945k after one loss-making year.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €2MEq €2.07M ▲7.7%
2 profitable years in a row build equity to €2.07M.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €283k
Net result €283k after 2 loss-making years.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 22 days late
2021
31-12
Financial
Weakest financial yearnet €-261k
Net result drops to €-261k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 13current ratio 25.62
Current ratio from 2.02 to 25.62; short-term debt falls from €2.30M to €207k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Show earlier events
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 66 days late
2019
31-12
Financial
Liquidity times 6current ratio 16.65
Current ratio from 2.76 to 16.65; short-term debt falls from €1.81M to €262k.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 43 days late
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 19 acts read
About the unread acts
Of the 19 Belgian State Gazette acts we know for this company, 1 has been read. The other 18 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
Lady At Work
CurrentDirector · Private limited company
Not every act has been read: a resignation may be missing here
18 of this company's 19 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, Brussel · 1 establishment unit since 2011
Ground area
6,482 m²
Building footprint
4,827 m²
Volume, LiDAR
188,668 m³
Parcel 21812N1468/00B000, Brussels · tallest building 74.9 m, ±8 floors. Linked by address, not a title deed.
105
companies at this address
See who is registered here
1 establishment unit
CHAMBON
since 20112.246.143.876
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N1468/00B000 | Brussels | 6,482 m² | 1 · 4,827 m² | 74.9 m · 8 fl. |
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.
Structure & network
Connections & network
11 connected companiesThis company
Company
Director
Shareholding
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 2,442 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded12-07-2011
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
Scores and ratios are computed by Checked and are not a credit decision.