Lauter Ter Pen
ActiveSummary
Lauter Ter Pen has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €114k and a net result of €29k. Equity is growing by ~18.6% per year across the filed fiscal years. Its solvency ranks better than 94% of 2465 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
97
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability98▲+23
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 17.6 against 68.53 in 2023; short-term debt: 5.4% and cash: 51.7% of total assets), and 5.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
44 d early
2022
on the day
2021
34 d early
2020
22 d early
2019
24 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€114k▲ 33.4%
2023 · €85k
2018: €41k
2019: €44k
2020: €63k
2021: €80k
2022: €81k
2023: €85k
2018 → 2024
Total assets
€120k▲ 39.2%
2023 · €87k
2018: €67k
2019: €54k
2020: €74k
2021: €96k
2022: €90k
2023: €87k
2018 → 2024
Net result
€29k▲ 543%
2023 · €4k
2018: €17k
2019: €3k
2020: €19k
2021: €17k
2022: €947
2023: €4k
2018 → 2024
Working capital
€108k▲ 38.9%
2023 · €77k
2018: €39k
2019: €43k
2020: €62k
2021: €76k
2022: €75k
2023: €77k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€63k-€80k▲ 26.1%€81k▲ 1.2%€85k▲ 5.5%€114k▲ 33.4%
Operating result€26k-€22k▼ 16.5%€591▼ 97.3%€6k▲ 975%€40k▲ 528%
Net result€19k-€17k▼ 13.4%€947▼ 94.3%€4k▲ 369%€29k▲ 543%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 528% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €120k
Fixed assets
€6k ▼ 19.5%
Current assets
€114k ▲ 45.1%
Equity and liabilities €120k
Equity
€114k ▲ 33.4%
Debt
€6k ▲ 465%
Debt's share of the balance-sheet total rises from 1.3% to 5.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€41k▲
2023 · €8k
Cash flow
€30k▲
2023 · €6k
Current ratio
17.60▼
2023 · 68.53
Debt to equity
0.06▲
2023 · 0.01
ROE
25.1%▲
2023 · 5.2%
ROA
23.7%▲
2023 · 5.1%
Interest coverage
295.57▲
2023 · 43.80
Debt ≤ 1 year
€6k▲
2023 · €1k
Income taxes
€13k▲
2023 · €4k
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 · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€87k€120k▲
Fixed assets21/28€8k€6k▼
Tangible fixed assets22/27€8k€6k▼
Plant, machinery and equipment23€433€201▼
Furniture and vehicles24€4k€3k▼
Other tangible fixed assets26€4k€4k=
Current assets29/58€79k€114k▲
Amounts receivable within one year40/41€53k€49k▼
Trade receivables40€18k€19k▲
Other amounts receivable41€35k€30k▼
Cash at bank and in hand54/58€22k€62k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€87k€120k▲
Equity10/15€85k€114k▲
Contributions10/11€6k€6k=
Reserves13€27k€52k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€25k€50k▲
Profit (loss) carried forward14€52k€56k▲
Amounts payable17/49€1k€6k▲
Amounts payable within one year42/48€1k€6k▲
Trade debts44€584€858▲
Suppliers440/4€584€858▲
Taxes, remuneration and social security45€562€6k▲
Taxes450/3€562€6k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€466€881▲
Gross operating margin9900€9k€42k▲
Operating profit (loss)9901€6k€40k▲
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€188€140▼
Recurring financial charges65€188€140▼
Profit (loss) for the period before taxes9903€8k€42k▲
Income taxes67/77€4k€13k▲
Profit (loss) for the period9904€4k€29k▲
Profit (loss) for the period to be appropriated9905€4k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€52k€81k▲
Profit (loss) brought forward from the previous period14P€48k€52k▲
Transfer to equity691/2-€25k
To other reserves6921-€25k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €29k ▲543%
Operating result €40k, net result €29k, both a record.
31-12
Financial
Equity above €100kEq €114k ▲33.4%
7 profitable years in a row build equity to €114k.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 7current ratio 68.53
Current ratio from 9.69 to 68.53; short-term debt falls from €9k to €1k.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €947 ▼94.3%
Net result drops to €947, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 5.64
Current ratio from 2.50 to 5.64; short-term debt falls from €26k to €9k.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Zemst · 1 establishment unit since 2009
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.
Dijkstraat 191981 ZemstGround area
96 m²
Building footprint
150 m²
Volume, LiDAR
797 m³
Parcel 23034B0067/00T000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lauter Ter Pen
since 20092.182.572.650
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23034B0067/00T000 | Flanders | 96 m² | 1 · 150 m² | 8.7 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.
Similar companies · same sector, comparable size
Y.K.O.
BE 1008.501.179
Oudergem · Eq €113,079
theMoodstudio
BE 0806.947.156
Antwerpen · Eq €112,671
POTEMKIN
BE 0737.444.874
Dendermonde · Eq €112,478
MILTON
BE 0449.900.747
Ternat · Eq €117,361
Eventication
BE 0736.469.827
Boortmeerbeek · Eq €117,772
Of 1,257 companies in sector 90399 we hold annual accounts for 200. 157 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 formPrivate limited company (pre-2019)
Founded17-09-2009
Fiscal year end31-12
Activities, NACEBEL 2025
90399Other support activities for arts and performing arts
73120Media representation
74120Graphic design and visual communication
90120Visual arts creation
90391Promotion and organisation of arts and performing arts events
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.