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LE

Active
Private limited company·Activiteiten van bouwarchitecten· 5 yrs active
Emile De Motlaan 18 ·1000 Brussel, Belgium
KBO/BCE: BE 0762.581.732
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Age5 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of LE is 1.1% (low). The 2024 annual accounts show equity of €31k and a net result of €7k. Equity is growing by ~27.6% per year across the filed fiscal years. Its solvency ranks better than 19% of 3380 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.1% Low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector Young company +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

3 signals · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 3380 sector peers (2024).
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 10 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-08-2025, 1 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.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 01-08-2025 1 d late 2025-00349724
31-12-2023 31-07-2024 07-08-2024 7 d late 2024-00338154
31-12-2022 31-07-2023 30-08-2023 30 d late 2023-00404124
31-12-2021 31-07-2022 29-06-2022 32 d early 2022-20115548

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€7k-46.6%
Working capital€-48k-55.4%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 01-08-2025 with the NBB · fiscal year 2024 · micro
€-10k€0€10k€20kOperating result 2021: €19k€19kNet result 2021: €14k€14kOperating result 2022: €-5k€-5kNet result 2022: €-6k€-6kOperating result 2023: €20k€20kNet result 2023: €14k€14kOperating result 2024: €16k€16kNet result 2024: €7k€7k2021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~27.6%/year over 4 fiscal years, indicative, assuming unchanged policy.
€0€20k€40k€60k2025: €39k (€36k - €41k)2026: €49k (€47k - €52k)2027: €63k (€60k - €66k)2021: €16k2022: €10k2023: €24k2024: €31k2021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How 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).

Sector comparison
Fiscal year 2024 · NACE 71, Architecture & engineering · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 18.4% 55.1%
better than 19% of 3380 sector peers
Net result €7k €19k
better than 31% of 3380 sector peers
Equity €31k €45k
better than 38% of 3382 sector peers
Gross operating margin €29k €38k
better than 42% of 3377 sector peers
Total assets €168k €95k
better than 72% of 3381 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P19
2021: P49 · n=10242022: P20 · n=19142023: P19 · n=27852024: P19 · n=33802021 2024
Weakening position over 2021-2024 · n=1024-3380
Net result P31
2021: P45 · n=10242022: P8 · n=19152023: P44 · n=27832024: P31 · n=33802021 2024
Stable position over 2021-2024 · n=1024-3380
Equity P38
2021: P32 · n=10252022: P20 · n=19142023: P35 · n=27852024: P38 · n=33822021 2024
Stable position over 2021-2024 · n=1025-3382
Gross operating margin P42
2021: P34 · n=10222022: P8 · n=19122023: P45 · n=27812024: P42 · n=33772021 2024
Improving position over 2021-2024 · n=1022-3377
Describes the position versus peers, not a forecast.
EBITDA
€25k
-5.0% 21-24
Net profit
€7k
-46.6% 21-24
Cash flow
€17k
-16.3% 21-24
Total assets
€168k
+33.5% 21-24
Equity
€31k
+30.7% 21-24
Working capital
€-48k
-55.4% 21-24
Income taxes
€4k
+18.7% 21-24
Debt
€137k
+34.2% 21-24
Debt ≤ 1y
€108k
+58.1% 21-24
Debt > 1y
€27k
-17.7% 21-24
Current ratio
0.56
+1.4% 21-24
Quick ratio
0.56
+1.4% 21-24
Solvency
18.4%
-2.2% 21-24
Debt / equity
4.45
+2.7% 21-24
ROE
23.5%
-59.1% 21-24
ROA
4.3%
-60.0% 21-24
Interest coverage
5.51
-33.1% 21-24
Figures by fiscal year
Fiscal year2024
Depositmicro
Revenue-
EBITDA€25k
Net profit€7k
Cash flow€17k
Staff costs-
Income taxes€4k
Dividends-
Total assets€168k
Equity€31k
Debt€137k
of which ≤ 1y€108k
of which > 1y€27k
Working capital€-48k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.56
Quick ratio0.56
Working capital ratio-28.7%
Solvency18.4%
Debt / equity4.45
Long-term debt ratio0.86
Interest coverage5.51
Gross margin-
Net margin-
ROA4.3%
ROE23.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€168k
Fixed assets 21/28€107k
Tangible fixed assets 22/27€103k
Financial fixed assets 28€4k
Current assets 29/58€60k
Amounts receivable within one year 40/41€6k
Cash & bank 54/58€54k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€168k
Equity 10/15€31k
Contributions / capital 10/11€2k
Accumulated profits (losses) 14€29k
Amounts payable 17/49€137k
Amounts payable after one year 17€27k
Amounts payable within one year 42/48€108k
Trade debts payable within one year 44€36k
Income statement
Gross operating margin 9900€29k
Operating result 9901€16k
Financial income 75€0
Financial charges 65€5k
Result before taxes 9903€11k
Income taxes 67/77€4k
Net result for the period 9904€7k
Result to be appropriated 9905€7k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
43 / 100 Weak
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location
LE
Emile De Motlaan 18, 1000 BrusselActiviteiten van bouwarchitecten
since 20212.312.573.832
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area323 m²
Buildings1
Building footprint239 m²
Volume (LiDAR)4,816 m³
Tallest building31.6 m · ±9 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21822R0314/00C005 Brussels 323 m² 1 · 239 m² 31.6 m · 9 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts
All acts · 1 updated 2 months ago
2026
05-06-2026 General meeting · Name change · Purpose change · Legal form conversion Open-capture extraction·Patrick Coppieters ‘t Wallant
  • Filing: 2026-06-03 · ALTUURA
  • Filing: 2026-05-07 · ALTUURA
  • General meeting: 2026-05-07 · ALTUURA
  • Name change: new_name: EYERS ARCHITECTS, old_name: ALTUURA · ALTUURA
  • Purpose change · ALTUURA
  • Legal form conversion: architectenvennootschap · ALTUURA
  • Statute amendment · ALTUURA
  • Officer resignation · EYERS Johny
  • Officer resignation · EYERS Loïk
  • Officer discharge · EYERS Johny
  • Officer discharge · EYERS Loïk
  • Officer appointment: role: bestuurder, term: onbepaalde duur · LE
  • Officer appointment: role: bestuurder, term: onbepaalde duur · ARCHITECTENBUREAU J. EYERS & PARTNERS
  • Permanent representative · EYERS Loïk
  • Permanent representative · EYERS Johny
  • Power of attorney · ALTUURA
  • Power of attorney · ALTUURA
  • Annual meeting schedule: 6 juni om 19.00 uur · ALTUURA
  • First fiscal year: end: 31-12, start: 01-01 · ALTUURA
  • Publication: 2026-06-05
  • Act object: BENAMING, ONTSLAGEN, BENOEMINGEN, DOEL
Summary: General meeting · Name change · Purpose change · Legal form conversionNotary: Patrick Coppieters ‘t Wallant

Analysis

Snowflake analysis

financial profile on 5 axes
Health43Profitability100Solvency14Growth52Stability94
61 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 43
Profitability 100
Solvency 14
Growth 52
Stability 94

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Bouwarchitecten71111Activiteiten van bouwarchitecten71111
Primary activity highlighted.
Names & trade names
Legal nameNL LE
Registered office
Emile De Motlaan 18
1000 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.