Lazarus
ActiveSummary
Lazarus has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.12M and a net result of €315k. Equity is growing by ~27.4% per year across the filed fiscal years. Its solvency ranks better than 56% of 7750 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▼-11
Solvency83▼-17
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 94.17 against 6.66 in 2024; short-term debt: 0.6% and cash: 37.4% of total assets), and 42% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
58%
Return on assets
16.3%
Age of the figures
9 mo
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 · 7 filingsDeviation from the deadline
2025
31 d late
2024
27 d late
2023
30 d late
2022
73 d late
2021
81 d late
2020
122 d late
2019
101 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.12M▲ 13.5%
2024 · €986k
2019: €200k
2020: €356k
2021: €557k
2022: €557k
2023: €557k
2024: €986k
2019 → 2025
Total assets
€1.93M▲ 68.8%
2024 · €1.14M
2019: €301k
2020: €514k
2021: €741k
2022: €840k
2023: €723k
2024: €1.14M
2019 → 2025
Net result
€315k▼ 26.6%
2024 · €430k
2019: €182k
2020: €156k
2021: €201k
2022: €225k
2023: €94k
2024: €430k
2019 → 2025
Working capital
€1.13M▲ 27.8%
2024 · €884k
2019: €166k
2020: €306k
2021: €355k
2022: €388k
2023: €420k
2024: €884k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€557k-€557k=€557k=€986k▲ 77.2%€1.12M▲ 13.5%
Operating result€289k-€294k▲ 1.6%€122k▼ 58.5%€588k▲ 382%€433k▼ 26.4%
Net result€201k-€225k▲ 12.1%€94k▼ 58.2%€430k▲ 356%€315k▼ 26.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.93M
Fixed assets
€787k ▲ 667%
Current assets
€1.14M ▲ 9.7%
Equity and liabilities €1.93M
Equity
€1.12M ▲ 13.5%
Debt
€809k ▲ 417%
Debt's share of the balance-sheet total rises from 13.7% to 42.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€572k▼
2024 · €625k
Cash flow
€454k▼
2024 · €466k
Current ratio
94.17▲
2024 · 6.66
Debt to equity
0.72▲
2024 · 0.16
ROE
28.2%▼
2024 · 43.6%
ROA
16.3%▼
2024 · 37.6%
Interest coverage
23.90▼
2024 · 1763.44
Debt ≤ 1 year
€12k▼
2024 · €156k
Debt > 1 year
€794k
Income taxes
€100k▼
2024 · €139k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.14M€1.93M▲
Fixed assets21/28€103k€787k▲
Tangible fixed assets22/27€103k€787k▲
Land and buildings22€45k€761k▲
Plant, machinery and equipment23€10k€9k▼
Furniture and vehicles24€48k€18k▼
Current assets29/58€1.04M€1.14M▲
Amounts receivable within one year40/41€153k€417k▲
Trade receivables40€153k€400k▲
Other amounts receivable41-€17k
Cash at bank and in hand54/58€884k€721k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.14M€1.93M▲
Equity10/15€986k€1.12M▲
Contributions10/11€19k€19k=
Reserves13€538k€356k▼
Distributable reserves133€538k€356k▼
Profit (loss) carried forward14€430k€745k▲
Amounts payable17/49€156k€809k▲
Amounts payable after more than one year17-€794k
Financial debts170/4-€794k
Amounts payable within one year42/48€156k€12k▼
Trade debts44€6k€3k▼
Suppliers440/4€6k€3k▼
Taxes, remuneration and social security45€61k€152▼
Taxes450/3€61k€152▼
Other amounts payable47/48€89k€9k▼
Accrued charges and deferred income492/3€291€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€139k▲
Other operating charges640/8€11k€555▼
Gross operating margin9900€637k€572k▼
Operating profit (loss)9901€588k€433k▼
Financial income75/76B€5k€6k▲
Recurring financial income75€5k€6k▲
Financial charges65/66B€25k€24k▼
Recurring financial charges65€355€24k▲
Non-recurring financial charges66B€25k-
Profit (loss) for the period before taxes9903€568k€415k▼
Income taxes67/77€139k€100k▼
Profit (loss) for the period9904€430k€315k▼
Profit (loss) for the period to be appropriated9905€430k€315k▼
Appropriation of the result
Profit (loss) to be appropriated9906€430k€745k▲
Profit (loss) brought forward from the previous period14P-€430k
Transfer from equity791/2-€182k
Profit to be distributed694/7-€182k
Return on contributions (dividend)694-€182k
The notes to these accounts (8 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 · micro schema · 31 days late
2025
31-12
Financial
Liquidity times 14current ratio 94.17
Current ratio from 6.66 to 94.17; short-term debt falls from €156k to €12k.
31-12
Financial
Equity above €1MEq €1.12M ▲13.5%
7 profitable years in a row build equity to €1.12M.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Highest result since 2019net €430k ▲356%
Operating result €588k, net result €430k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €94k ▼58.2%
Net result drops to €94k, the lowest in the series; recovery starts the following year.
12-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 73 days late
2022
20-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 81 days late
2021
31-12
Financial
Equity above €500kEq €557k ▲56.4%
3 profitable years in a row build equity to €557k.
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
09-08
State Gazette act
General meeting · Capital increase
Statutes amendment · Director resignation
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
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.
Mercelisstraat 801000 BrusselGround area
237 m²
Building footprint
129 m²
Volume, LiDAR
1,899 m³
Parcel 21807G0079/00G000, Brussels · tallest building 20.9 m, ±6 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0079/00G000 | Brussels | 237 m² | 1 · 129 m² | 20.9 m · 6 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.
Recognitions · licences · registrations
Legal Entity Identifier
894500ZLZ66D4AY1DH65
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Of 11,222 companies in sector 82100 we hold annual accounts for 3,510. 1,452 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
Founded09-11-2018
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.