Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of LARCIN is 0.3% (very low). The 2024 annual accounts show equity of €2.48M and a net result of €60k. Equity is shrinking by ~4% per year across the filed fiscal years. Its solvency ranks better than 95% of 40 sector peers (fiscal year 2024). The company has been active since 1967 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 7 annual accounts.
Signals
2 signals · with evidenceSignals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
2 signalsAdministrative Flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Annual accounts & ratios
Source: NBB · 2024How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 91.7% | 27.6% | |
| Net result | €60k | €57k | |
| Equity | €2.48M | €455k | |
| Total assets | €2.70M | €2.87M |
| Fiscal year | 2024 |
|---|---|
| Revenue | €0 |
| EBITDA | €76k |
| Net profit | €60k |
| Cash flow | €64k |
| Staff costs | €145k |
| Income taxes | €24k |
| Dividends | - |
| Total assets | €2.70M |
| Equity | €2.48M |
| Debt | €224k |
| of which ≤ 1y | €222k |
| of which > 1y | €0 |
| Working capital | €2.41M |
| Employees (FTE) | 3.3 |
| 2024 | |
|---|---|
| Current ratio | 11.85 |
| Quick ratio | 6.73 |
| Working capital ratio | 89.0% |
| Solvency | 91.7% |
| Debt / equity | 0.09 |
| Long-term debt ratio | 0.00 |
| Interest coverage | 58.48 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.2% |
| ROE | 2.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | 0.00 |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.70M |
| Fixed assets | 21/28 | €75k |
| Tangible fixed assets | 22/27 | €50k |
| Financial fixed assets | 28 | €24k |
| Current assets | 29/58 | €2.63M |
| Stocks & contracts in progress | 3 | €1.14M |
| Amounts receivable within one year | 40/41 | €215k |
| Investments | 50/53 | €1.25M |
| Cash & bank | 54/58 | €26k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.70M |
| Equity | 10/15 | €2.48M |
| Contributions / capital | 10/11 | €65k |
| Reserves | 13 | €2.42M |
| Amounts payable | 17/49 | €224k |
| Amounts payable after one year | 17 | €0 |
| Amounts payable within one year | 42/48 | €222k |
| Trade debts payable within one year | 44 | €118k |
| Income statement | ||
| Turnover | 70 | €0 |
| Gross operating margin | 9900 | €231k |
| Operating result | 9901 | €72k |
| Financial income | 75 | €13k |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €84k |
| Income taxes | 67/77 | €24k |
| Net result for the period | 9904 | €60k |
| Result to be appropriated | 9905 | €60k |
Health barometer
FY 2024 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Structure & network
Locations & real estate
Establishment units
1 locationPublications
Lifecycle & Insolvency Signals
Belgian State Gazette · acts
That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.
Analysis
Snowflake analysis
financial profile on 5 axesStrong profile, led by solvency.
All 5 axes are computed from data Checked has read.
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Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameFR | LARCIN |