LENSSENS
LENSSENS has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €601k and a net result of €26k. Equity is growing by ~33.3% per year across the filed fiscal years. Its solvency ranks better than 26% of 1694 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €601k |
| Net result | €26k |
| Staff (FTE) | 5.7 |
| Better than sector | 26% |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 22.2% | 40.7% | |
| Net result | €26k | €90k | |
| Equity | €601k | €680k | |
| Gross operating margin | €915k | €423k | |
| Staff costs | €445k | €155k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - |
| EBITDA | €443k | €538k | €238k | €176k |
| Net profit | €26k | €267k | €67k | €9k |
| Cash flow | €378k | €478k | €216k | €157k |
| Staff costs | €445k | €319k | €242k | €237k |
| Income taxes | €0 | €19k | €7k | - |
| Dividends | - | €0 | €49k | - |
| Total assets | €2.71M | €1.86M | €1.05M | €1.17M |
| Equity | €601k | €576k | €309k | €291k |
| Debt | €2.11M | €1.28M | €739k | €880k |
| of which ≤ 1y | €719k | €453k | €325k | €301k |
| of which > 1y | €1.39M | €831k | €414k | €578k |
| Working capital | €-21k | €146k | €67k | €67k |
| Employees (FTE) | 5.7 | 3.8 | 3.2 | 3.4 |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 0.97 | 1.32 | 1.21 | 1.22 |
| Quick ratio | 0.97 | 1.32 | 1.21 | 1.22 |
| Working capital ratio | -0.8% | 7.9% | 6.4% | 5.7% |
| Solvency | 22.2% | 31.0% | 29.5% | 24.8% |
| Debt / equity | 3.51 | 2.23 | 2.39 | 3.03 |
| Long-term debt ratio | 2.31 | 1.44 | 1.34 | 1.99 |
| Interest coverage | 6.62 | 13.14 | 14.40 | 9.04 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 0.9% | 14.3% | 6.4% | 0.7% |
| ROE | 4.3% | 46.3% | 21.8% | 3.0% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €2.71M | €1.86M | €1.05M | €1.17M |
| Fixed assets | 21/28 | €2.01M | €1.26M | €657k | €802k |
| Tangible fixed assets | 22/27 | €2.01M | €1.26M | €655k | €802k |
| Financial fixed assets | 28 | €3k | €2k | €2k | €103 |
| Current assets | 29/58 | €698k | €600k | €392k | €368k |
| Amounts receivable within one year | 40/41 | €610k | €473k | €296k | €261k |
| Investments | 50/53 | €23k | €17k | €11k | €5k |
| Cash & bank | 54/58 | €51k | €96k | €71k | €93k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.71M | €1.86M | €1.05M | €1.17M |
| Equity | 10/15 | €601k | €576k | €309k | €291k |
| Contributions / capital | 10/11 | €8k | €8k | €6k | €6k |
| Reserves | 13 | €178k | €178k | €180k | €162k |
| Accumulated profits (losses) | 14 | €415k | €389k | €123k | €123k |
| Amounts payable | 17/49 | €2.11M | €1.28M | €739k | €880k |
| Amounts payable after one year | 17 | €1.39M | €831k | €414k | €578k |
| Amounts payable within one year | 42/48 | €719k | €453k | €325k | €301k |
| Trade debts payable within one year | 44 | €254k | €133k | €79k | €73k |
| Income statement | |||||
| Gross operating margin | 9900 | €915k | €876k | €504k | €441k |
| Operating result | 9901 | €91k | €326k | €90k | €28k |
| Financial income | 75 | €936 | €532 | €596 | €44 |
| Financial charges | 65 | €67k | €41k | €17k | €20k |
| Result before taxes | 9903 | €26k | €286k | €74k | €9k |
| Income taxes | 67/77 | €0 | €19k | €7k | - |
| Net result for the period | 9904 | €26k | €267k | €67k | €9k |
| Result to be appropriated | 9905 | €26k | €267k | €67k | €9k |
| NACE primary | Support activities for crop production(01610) |
| Legal form | Private limited company(610) |
| Incorporation | 17-03-1995 |
| Status | Active |
| Postal code | 9220 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42014B0141/00D000 | Flanders | 365 m² | 1 · 140 m² | 6.3 m · 2 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
| Legal nameNL | LENSSENS |