Lagrange
ActiveSummary
Lagrange has been active since 1973 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €144k and a net result of €2k. Equity is shrinking by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 46% of 143 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
55
/ 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
Profitability30▼-1
Solvency54▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.25 against 1.23 in 2024; short-term debt: 71.2% and cash: 27.7% of total assets), and 71.2% of the assets are financed with debt.
Credit advice for your own amount and term
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 79
Relative position
BE, all sectors
reference
Sector 79
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
28.8%
Return on assets
0.3%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 10-03-2026, 82 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
82 d early
2024
61 d early
2023
45 d early
2022
61 d early
2021
90 d early
2020
55 d early
2019
89 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 31-10-2026 and is due by 31-05-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-10-2026 close31-05-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2k▼ 19.6%
2024 · €2k
2018: €3k
2019: €-6k
2020: €-12k
2021: €-41k
2022: €28k
2023: €-24k
2024: €2k
2018 → 2025
Working capital
€90k▲ 0.7%
2024 · €89k
2018: €185k
2019: €181k
2020: €171k
2021: €133k
2022: €107k
2023: €85k
2024: €89k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€136k-€164k▲ 20.8%€140k▼ 14.3%€143k▲ 1.5%€144k▲ 1.2%
Operating result€-38k-€35k€-17k€11k€11k▲ 0.2%
Net result€-41k-€28k€-24k€2k€2k▼ 19.6%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 0% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €502k
Fixed assets
€55k ▲ 2.2%
Current assets
€447k ▼ 5.8%
Equity and liabilities €502k
Equity
€144k ▲ 1.2%
Debt
€357k ▼ 7.3%
Debt's share of the balance-sheet total falls from 73.0% to 71.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13k▲
2024 · €12k
Cash flow
€4k▼
2024 · €4k
Current ratio
1.25▲
2024 · 1.23
Debt to equity
2.47▼
2024 · 2.70
ROE
1.2%▼
2024 · 1.5%
ROA
0.3%▼
2024 · 0.4%
Interest coverage
1.35▼
2024 · 1.38
Debt ≤ 1 year
€357k▼
2024 · €385k
Staff costs
€133k▲
2024 · €127k
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€528k€502k▼
Fixed assets21/28€53k€55k▲
Tangible fixed assets22/27€3k€5k▲
Plant, machinery and equipment23€3k€5k▲
Financial fixed assets28€50k€50k=
Current assets29/58€474k€447k▼
Amounts receivable within one year40/41€211k€189k▼
Trade receivables40€207k€187k▼
Other amounts receivable41€5k€2k▼
Cash at bank and in hand54/58€134k€139k▲
Deferred charges and accrued income490/1€129k€119k▼
Equity and liabilities
Total equity and liabilities10/49€528k€502k▼
Equity10/15€143k€144k▲
Contributions10/11€155k€155k=
Capital10€155k€155k=
Issued capital100€155k€155k=
Reserves13€16k€16k=
Non-distributable reserves130/1€16k€16k=
Legal reserve130€16k€16k=
Profit (loss) carried forward14€-28k€-26k▲
Amounts payable17/49€385k€357k▼
Amounts payable within one year42/48€385k€357k▼
Trade debts44€215k€191k▼
Suppliers440/4€215k€191k▼
Advances received on contracts in progress46€147k€140k▼
Taxes, remuneration and social security45€23k€26k▲
Taxes450/3€1k€4k▲
Remuneration and social security454/9€22k€23k▲
Income statement
Code20242025
Remuneration, social security and pensions62€127k€133k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€33k€27k▼
Gross operating margin9900€172k€172k▲
Operating profit (loss)9901€11k€11k▲
Financial income75/76B€361€308▼
Recurring financial income75€361€308▼
Financial charges65/66B€9k€9k▲
Recurring financial charges65€9k€9k▲
Profit (loss) for the period before taxes9903€2k€2k▼
Profit (loss) for the period9904€2k€2k▼
Profit (loss) for the period to be appropriated9905€2k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€-26k▲
Profit (loss) brought forward from the previous period14P€-30k€-28k▲
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (5 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
10-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-10
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
16-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-10
Financial
Back to profitnet €28k
Net result €28k after 3 loss-making years.
31-10
Financial
Equity above €150kEq €164k ▲20.8%
Equity rises from €136k to €164k.
02-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-10
Financial
Weakest financial yearnet €-41k
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
06-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
03-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
11-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-02
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
7 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, Brussel · 1 establishment unit since 1973
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.
Stalingradlaan 521000 BrusselGround area
336 m²
Building footprint
340 m²
Volume, LiDAR
4,175 m³
Parcel 21809K0170/02B005, Brussels · tallest building 21.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Stalingradlaan 52, 1000 Brussel
since 19732.008.238.807
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0170/02B005 | Brussels | 336 m² | 1 · 340 m² | 21.1 m · 5 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
FUNNY TOURS
BE 0899.663.716
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ATITLAN
BE 1001.659.117
Ham-sur-Heure-Nalinnes · Eq €144,497
ND TRAVEL
BE 0847.670.825
Walhain · Eq €145,530
GO SOUTH TRAVEL
BE 0475.544.874
Schilde · Eq €145,753
E.L.S.
BE 0465.693.535
Izegem · Eq €145,820
Of 1,437 companies in sector 79110 we hold annual accounts for 880. 756 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
Founded06-02-1973
Fiscal year end31-10
Activities, NACEBEL 2025
79110Travel agency activities
79120Travel agency, tour operator and other reservation service and related activities
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.