LEAN TECH
ActiveSummary
LEAN TECH has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €165k and a net result of €34k. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 61% of 91 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2026
92
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability87▲+1
Solvency96▲+16
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 3.12 against 2.01 in 2025; short-term debt: 23.9% and cash: 52.9% of total assets), and 28.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 71
Relative position
BE, all sectors
reference
Sector 71
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 2026Solvency, return and age of the figures
Solvency
71.4%
Return on assets
14.6%
Age of the figures
6 mo
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 31-03-2026 was due by 31-10-2026 and was filed on 26-05-2026, 158 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
158 d early
2025
114 d early
2024
on the day
2023
40 d early
2022
68 d early
2021
33 d early
2020
47 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€165k▲ 25.8%
2025 · €131k
2019: €23k
2020: €23k
2021: €99k
2022: €90k
2023: €147k
2024: €139k
2025: €131k
2019 → 2026
Total assets
€231k▼ 3.1%
2025 · €238k
2019: €164k
2020: €169k
2021: €172k
2022: €197k
2023: €271k
2024: €213k
2025: €238k
2019 → 2026
Net result
€34k▲ 5.2%
2025 · €32k
2019: €72k
2020: €90k
2021: €76k
2022: €56k
2023: €82k
2024: €-3k
2025: €32k
2019 → 2026
Working capital
€117k▲ 40.6%
2025 · €83k
2019: €1k
2020: €-10k
2021: €74k
2022: €48k
2023: €83k
2024: €84k
2025: €83k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€90k-€147k▲ 63.5%€139k▼ 5.6%€131k▼ 5.7%€165k▲ 25.8%
Operating result€73k-€117k▲ 59.8%€2k▼ 98.1%€51k▲ 2,174%€52k▲ 1.0%
Net result€56k-€82k▲ 45.9%€-3k€32k€34k▲ 5.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2024 the operating result has climbed two years in a row; 2026 is 1% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €231k
Fixed assets
€59k ▼ 19.2%
Current assets
€172k ▲ 4.0%
Equity and liabilities €231k
Equity
€165k ▲ 25.8%
Debt
€66k ▼ 38.4%
The debt ratio falls from 45.0% to 28.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€75k▲
2025 · €74k
Cash flow
€57k▲
2025 · €55k
Current ratio
3.12▲
2025 · 2.01
Debt / equity
0.40▼
2025 · 0.82
ROE
20.5%▼
2025 · 24.5%
ROA
14.6%▲
2025 · 13.5%
Interest coverage
42.70▲
2025 · 31.83
Debt ≤ 1 year
€55k▼
2025 · €82k
Debt > 1 year
€11k▼
2025 · €25k
Income taxes
€16k▼
2025 · €17k
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 · 2026 against 2025 · 53 lines
Balance sheet
Code20252026
Assets
Total assets20/58€238k€231k▼
Fixed assets21/28€73k€59k▼
Tangible fixed assets22/27€58k€47k▼
Plant, machinery and equipment23€13k€14k▲
Furniture and vehicles24€41k€30k▼
Other tangible fixed assets26€3k€3k▼
Financial fixed assets28€15k€12k▼
Current assets29/58€165k€172k▲
Amounts receivable within one year40/41€69k€46k▼
Trade receivables40€47k€32k▼
Other amounts receivable41€22k€15k▼
Cash at bank and in hand54/58€93k€122k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€238k€231k▼
Equity10/15€131k€165k▲
Contributions10/11€12k€12k=
Reserves13€119k€152k▲
Distributable reserves133€119k€152k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€107k€66k▼
Amounts payable after more than one year17€25k€11k▼
Financial debts170/4€25k€11k▼
Amounts payable within one year42/48€82k€55k▼
Current portion of amounts payable after more than one year42€13k€14k▲
Financial debts43€5k€5k▼
Credit institutions430/8€5k€5k▼
Trade debts44€18k€23k▲
Suppliers440/4€18k€23k▲
Advances received on contracts in progress46€89€0▼
Taxes, remuneration and social security45€15k€13k▼
Taxes450/3€15k€13k▼
Other amounts payable47/48€30k€0▼
Income statement
Code20252026
Non-recurring operating income76A-€285
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€23k▲
Other operating charges640/8€513€528▲
Non-recurring operating charges66A-€349
Gross operating margin9900€74k€76k▲
Operating profit (loss)9901€51k€52k▲
Financial income75/76B€1€4▲
Recurring financial income75€1€4▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€49k€50k▲
Income taxes67/77€17k€16k▼
Profit (loss) for the period9904€32k€34k▲
Profit (loss) for the period to be appropriated9905€32k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€29k€34k▲
Profit (loss) brought forward from the previous period14P€-3k€0▲
Transfer from equity791/2€40k€0▼
Transfer to equity691/2€29k€34k▲
To other reserves6921€29k€34k▲
Profit to be distributed694/7€40k€0▼
Return on contributions (dividend)694€40k€0▼
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 2027, expected by
2026
26-05
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Equity above €150kEq €165k ▲25.8%
2 profitable years in a row build equity to €165k.
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €-3k ▼104%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
2023
21-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Equity above €100kEq €147k ▲63.5%
5 profitable years in a row build equity to €147k.
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 2.02
Current ratio from 0.93 to 2.02; short-term debt falls from €138k to €73k.
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Highest result since 2019net €90k ▲25%
Operating result €119k, net result €90k, both a record.
2019
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
11-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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 2011
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.
Schorsmolenstraat 88500 KortrijkGround area
276 m²
Building footprint
92 m²
Volume, LiDAR
655 m³
Parcel 34022E0593/00V004, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lean Tech
since 20112.202.697.279
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E0593/00V004 | Flanders | 276 m² | 1 · 92 m² | 9.0 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.
Recognitions · licences · registrations
Legal Entity Identifier
9845003E3F83E048DD20
Similar companies · same sector, comparable size
STETO
BE 0806.463.245
Tessenderlo-Ham · Eq €165k
ENTO
BE 0804.175.332
Ieper · Eq €165k
DAS Engineering
BE 0873.476.882
Berlare · Eq €165k
CLAEYS ENGINEERING
BE 0455.534.962
Lievegem · Eq €165k
EXPECTSAFER
BE 1010.135.531
Esneux · Eq €164k
Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 5,227 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-09-2011
Fiscal year end31-03
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.