Lamco
ActiveLamco has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.32M and a net result of €65k. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 48% of 275 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▼-6
Solvency65▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 1.71 against 1.61 in 2024; short-term debt: 55.1% and cash: 48.1% of total assets), but 60.3% 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
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
39.7%
Return on assets
1.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
28 d late
2023
31 d late
2022
31 d late
2021
61 d late
2020
8 d early
2019
61 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.32M▲ 5.1%
2024 · €1.25M
2018: €397k
2019: €434k
2020: €515k
2021: €856k
2022: €1.01M
2023: €1.15M
2024: €1.25M
2018 → 2025
Total assets
€3.32M=
2024 · €3.32M
2018: €1.57M
2019: €1.85M
2020: €2.12M
2021: €2.17M
2022: €2.63M
2023: €2.45M
2024: €3.32M
2018 → 2025
Net result
€65k▼ 40.5%
2024 · €108k
2018: €23k
2019: €82k
2020: €216k
2021: €475k
2022: €153k
2023: €138k
2024: €108k
2018 → 2025
Working capital
€1.30M▲ 6.4%
2024 · €1.22M
2018: €536k
2019: €555k
2020: €673k
2021: €978k
2022: €977k
2023: €1.11M
2024: €1.22M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€856k-€1.01M▲ 17.9%€1.15M▲ 13.7%€1.25M▲ 9.5%€1.32M▲ 5.1%
Operating result€260k-€216k▼ 16.9%€189k▼ 12.5%€190k▲ 0.5%€130k▼ 31.3%
Net result€475k-€153k▼ 67.9%€138k▼ 9.7%€108k▼ 21.4%€65k▼ 40.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 31% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.32M
Fixed assets
€189k▲ 100%
Current assets
€3.13M▼ 3.0%
Equity and liabilities €3.32M
Equity
€1.32M▲ 5.1%
Debt
€2.00M▼ 3.2%
The debt ratio falls from 62.3% to 60.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€206k▼
2024 · €214k
Cash flow
€140k▲
2024 · €133k
Solvency
39.7%▲
2024 · 37.7%
Current ratio
1.71▲
2024 · 1.61
Quick ratio
1.42▲
2024 · 1.22
Debt / equity
1.52▼
2024 · 1.65
ROE
4.9%▼
2024 · 8.6%
ROA
1.9%▼
2024 · 3.3%
Interest coverage
4.32▼
2024 · 4.80
Debt
€2.00M▼
2024 · €2.07M
Debt ≤ 1 year
€1.83M▼
2024 · €2.01M
Debt > 1 year
€85k▲
2024 · €18k
Income taxes
€18k▼
2024 · €37k
Staff costs
€302k▼
2024 · €325k
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€3.32M€3.32M=
Fixed assets21/28€94k€189k▲
Tangible fixed assets22/27€93k€188k▲
Furniture and vehicles24€93k€188k▲
Financial fixed assets28€1k€1k=
Current assets29/58€3.23M€3.13M▼
Stocks and contracts in progress3€775k€540k▼
Stocks30/36€775k€540k▼
Amounts receivable within one year40/41€1.80M€995k▼
Trade receivables40€1.76M€942k▼
Other amounts receivable41€36k€53k▲
Cash at bank and in hand54/58€657k€1.60M▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€3.32M€3.32M=
Equity10/15€1.25M€1.32M▲
Contributions10/11€37k€37k=
Reserves13€1.22M€1.28M▲
Non-distributable reserves130/1€4k€0▼
Reserves not available under the articles1311€4k€0▼
Tax-exempt reserves132€6k€6k=
Distributable reserves133€1.21M€1.28M▲
Amounts payable17/49€2.07M€2.00M▼
Amounts payable after more than one year17€18k€85k▲
Financial debts170/4€18k€85k▲
Amounts payable within one year42/48€2.01M€1.83M▼
Current portion of amounts payable after more than one year42€9k€66k▲
Trade debts44€1.16M€1.14M▼
Suppliers440/4€1.16M€1.14M▼
Taxes, remuneration and social security45€183k€95k▼
Taxes450/3€72k€68k▼
Remuneration and social security454/9€111k€27k▼
Other amounts payable47/48€657k€531k▼
Accrued charges and deferred income492/3€45k€87k▲
Income statement
Code20242025
Non-recurring operating income76A€1k€10k▲
Remuneration, social security and pensions62€325k€302k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€75k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-44k€-26k▲
Other operating charges640/8€9k€5k▼
Non-recurring operating charges66A€263€0▼
Gross operating margin9900€504k€486k▼
Operating profit (loss)9901€190k€130k▼
Financial income75/76B€86€29▼
Recurring financial income75€86€29▼
Financial charges65/66B€45k€48k▲
Recurring financial charges65€45k€48k▲
Profit (loss) for the period before taxes9903€145k€83k▼
Income taxes67/77€37k€18k▼
Profit (loss) for the period9904€108k€65k▼
Profit (loss) for the period to be appropriated9905€108k€65k▼
Appropriation of the result
Profit (loss) to be appropriated9906€108k€65k▼
Transfer to equity691/2€108k€65k▼
To other reserves6921€108k€65k▼
Social balance
Average headcount (FTE)90875.54.4▼
The notes to these accounts (20 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Equity above €1MEq €1.01M ▲17.9%
5 profitable years in a row build equity to €1.01M.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
31-12
Financial
Highest result since 2018net €475k ▲120%
Operating result €260k, net result €475k, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €500kEq €515k ▲18.6%
3 profitable years in a row build equity to €515k.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Kortrijk · 1 establishment unit since 1966
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.
Bissegemsestraat(Heu) 728501 KortrijkGround area
378 m²
Building footprint
101 m²
Volume, LiDAR
671 m³
Parcel 34007A0306/00F000, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LAMCO
since 19662.001.040.516
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34007A0306/00F000 | Flanders | 378 m² | 1 · 101 m² | 11.3 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 262 EUR awarded · 262 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 208 EUR | 208 EUR |
| 2022 | 1 | 54 EUR | 54 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 762 companies in sector 16281 we hold annual accounts for 159. 88 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL
16281Manufacture of other wood products
20510
22260Manufacture of rubber and plastic products
25240
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.