Skip to content

LES CRESSES

Active
Public limited companyfounded 1987active for 38 yearsChaussée de Tervuren 389, 1410 Waterloo, BelgiumKBO/BCE: BE 0432.848.840
Summary

LES CRESSES has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €703,924 and a net result of -€330,747. Equity has been shrinking by about 5.2% per year since 2018. Its solvency ranks better than 19% of 146 sector peers (NACE 02, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 09-12-1987 Normal situation
Registered office
53 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Logging NACE 02200and 1 other
Establishment unit
2.034.091.681 6953 Nassogne, since 11-02-1991
Financial year end
31 December
Peppol
Reachable since 05-12-2025

Board and ownership

Board
  • SPORTS VENTURESDirector · since 29-05-2020 · permanent representative Nicolas LHOIST
  • Charlotte CALLEBAUTDirector · since 01-01-2024
Shareholders
  • Ping Invest· score 682025 annual accounts of Ping Invest

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
-€96,545
▼ 234%
Loss
€330,747
▲ 165%
Equity
€703,924
▼ 32.0%
Total assets
€4.2m
▲ 115%
Staff
≈ 0.5 FTE
estimated
Turnover not published (abbreviated or micro format)Net result -165%: other schema
Score breakdownraises riskLoss of €330,747, the second in a row (financial year 2025)Liquidity: current ratio 0.04, cash €111,474lowers riskSize: total assets €4.2mSector: Forestry and logging (NACE 02)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 6% of small companies in forestry (NACE 02)
Financial strength · tick: 2024
Weak
Solvency 42-36
equity 16.9% of total assets
Liquidity 8-22
short-term debt 83.1% · cash 2.7%
Profitability 9-2
return on assets -7.9%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (99 companies, NACE 02, small)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026highest value 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.2%▼ -0.1 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.1%▼ -0.1 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.04 (0.05 in 2024), below 1. Short-term debt is 83.1% and cash 2.7% of total assets. 83.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 02, small). It does better than 10% of them on solvency, 5% on liquidity, 7% on profitability and 3% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €4.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €330,747, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.04, cash €111,474
NBB · annual accounts
lowers risk · Sector: Forestry and logging (NACE 02)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€330,747
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 146 sector peers (2025).
NBB · sector comparison
Position among 146 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
46 days early
2024
36 days early
2023
12 days late
2022
2 days late
2021
4 days early
2020
30 days late
2019
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 2 days before the deadline. In the sector (NACE 02), the median for financial year 2024 was 6 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 7 loss-making years in a rowloss in financial year 2025 -€330,747 View
  • Caution: Result fell in 2025different schema filed ▼ 165% View
  • Caution: Lower net result than 95% of companies in forestrysector median €19,354 · 145 companies -€330,747 View

Recent changes

  1. · Gazette deed Registered office moved from Watermael-Boitsfort to WaterlooNew seat: Chaussée de Tervuren 389, 1410 Waterloo · Previous seat: Boulevard du Souverain 24 à 1170 Watermael-Boitsfort
  2. · Gazette deed 1 director appointed, 3 directors resigning, 1 reappointedResignations: ADVICE & FOLLOW UP, ARLO and JL SQUARE · Appointment: Charlotte CALLEBAUT (director) · Reappointment: SPORTS VENTURES (director)
  3. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as LES CRESSES: logging (NACE 02200). They are comparable in size and age: total assets between €1.7m and €13m, founded between 1976 and 1996.

CompanyTotal assetsGross margin
LES CRESSES Waterloo€4.2m-€0.1m
Société Forestière d'ODEIGNE Ouffet€2.7m-€0.05m
MAATSCHAPPIJ TOT BESCHERMING VAN DE HEES Aartselaar€5.5m-€0.1m
LE NEFLIER Libramont-Chevigny€3.0m-€0.003m
LAMSOUL Waterloo€11.4m-€0.2m
MSA ARDUINNA Messancy€1.7m-€0.002m
L G MANAGEMENT Rochefort€13.2m-€0.07m
Full comparison

Key facts about LES CRESSES

What is the company number of LES CRESSES?
The company number of LES CRESSES is 0432.848.840. The VAT number is the same number with BE in front: BE 0432.848.840.
Where is LES CRESSES based?
The registered office is at Chaussée de Tervuren 389, 1410 Waterloo.Company details
What does LES CRESSES do?
According to the KBO register, the main activity is logging (NACE 02200).
What is the legal form of LES CRESSES?
The legal form of LES CRESSES is Public limited company (NV).
When was LES CRESSES founded?
LES CRESSES was founded on 09-12-1987.
Is LES CRESSES still active?
Yes, LES CRESSES is an active enterprise in the KBO register.
How many employees does LES CRESSES have?
LES CRESSES had an average of 0.5 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of LES CRESSES?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.
Is LES CRESSES profitable?
In financial year 2025, LES CRESSES made a loss of €330,747.
Where can I find the annual accounts of LES CRESSES?
LES CRESSES filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LES CRESSES due?
LES CRESSES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.