LESACO
Judicial reorganisationThe file of LESACO contains 1 judicial reorganisation, as published in the Belgian State Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show equity of €697k and a net result of €2k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 95% of 1027 sector peers (fiscal year 2025).
Checked score
Score 2025
Axes · tick = 2024
Profitability1▼-48
Solvency100=
Growth58=
Stability60
Credit verdict
Credit up to €45k at 30 days only on tighter terms
Liquidity ample (current ratio 94.56 against 58.33 in 2024), and 0.4% 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.
+raises risk○neutral
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
28 d late
2023
1 d early
2022
18 d early
2021
21 d late
2020
61 d late
2019
91 d late
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€697k▲ 0.2%
2024 · €695k
2018: €900k
2019: €783k
2020: €598k
2021: €566k
2022: €580k
2023: €627k
2024: €695k
2018 → 2025
Total assets
€700k=
2024 · €700k
2018: €1.58M
2019: €1.02M
2020: €712k
2021: €656k
2022: €667k
2023: €645k
2024: €700k
2018 → 2025
Net result
€2k▼ 97.6%
2024 · €69k
2018: €-43k
2019: €-118k
2020: €-185k
2021: €-32k
2022: €14k
2023: €46k
2024: €69k
2018 → 2025
Working capital
€291k▲ 9.3%
2024 · €266k
2018: €-69k
2019: €292k
2020: €100k
2021: €76k
2022: €102k
2023: €160k
2024: €266k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€566k-€580k▲ 2.5%€627k▲ 8.0%€695k▲ 10.9%€697k▲ 0.2%
Operating result€-28k-€18k€48k▲ 166%€67k▲ 39.9%€-299
Net result€-32k-€14k€46k▲ 227%€69k▲ 47.9%€2k▼ 97.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €299 after €67k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €700k
Fixed assets
€406k▼ 5.4%
Current assets
€294k▲ 8.6%
Equity and liabilities €700k
Equity
€697k▲ 0.2%
Debt
€3k▼ 33.0%
The debt ratio falls from 0.7% to 0.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€23k▼
2024 · €94k
Cash flow
€25k▼
2024 · €95k
Solvency
99.6%▲
2024 · 99.3%
Current ratio
94.56▲
2024 · 58.33
Quick ratio
94.56▲
2024 · 58.33
Debt / equity
0.00▼
2024 · 0.01
ROE
0.2%▼
2024 · 9.9%
ROA
0.2%▼
2024 · 9.8%
Interest coverage
85.79▼
2024 · 175.39
Debt
€3k▼
2024 · €5k
Debt ≤ 1 year
€3k▼
2024 · €5k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€700k€700k=
Fixed assets21/28€429k€406k▼
Tangible fixed assets22/27€429k€406k▼
Land and buildings22€429k€406k▼
Furniture and vehicles24€0-
Current assets29/58€271k€294k▲
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€204k€217k▲
Trade receivables40-€11k
Other amounts receivable41€204k€206k▲
Cash at bank and in hand54/58€66k€77k▲
Deferred charges and accrued income490/1€802€0▼
Equity and liabilities
Total equity and liabilities10/49€700k€700k=
Equity10/15€695k€697k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€378k€334k▼
Reserves13€255k€301k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€249k€295k▲
Amounts payable17/49€5k€3k▼
Amounts payable within one year42/48€5k€3k▼
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€3k€1k▼
Taxes450/3€3k€1k▼
Income statement
Code20242025
Non-recurring operating income76A€25k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€23k▼
Other operating charges640/8€13k€11k▼
Non-recurring operating charges66A€5k€0▼
Gross operating margin9900€112k€34k▼
Operating profit (loss)9901€67k€-299▼
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€534€267▼
Recurring financial charges65€534€267▼
Profit (loss) for the period before taxes9903€69k€2k▼
Income taxes67/77€0-
Profit (loss) for the period9904€69k€2k▼
Profit (loss) for the period to be appropriated9905€69k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€69k€2k▼
Transfer to equity691/2€69k€2k▼
To other reserves6921€69k€2k▼
The notes to these accounts (5 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Highest result since 2018net €69k ▲47.9%
Net result €69k, the highest in the series.
31-12
Financial
Liquidity times 6current ratio 58.33
Current ratio from 9.68 to 58.33; short-term debt falls from €18k to €5k.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 9.68
Current ratio from 2.51 to 9.68; short-term debt falls from €68k to €18k.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €14k
Net result €14k after 4 loss-making years.
21-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 21 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
31-12
Financial
Weakest financial yearnet €-185k
Net result drops to €-185k, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 2.92
Current ratio from 0.80 to 2.92; short-term debt falls from €345k to €152k.
18-12
Judicial reorganisation
Opening
Ondernemingsrechtbank Antwerpen · amiable · event 13-12-2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Bree · 1 establishment unit since 1985
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.
Industrieterrein Kanaal-Noord 11323960 BreeGround area
7,483 m²
Building footprint
2,500 m²
Volume, LiDAR
19,761 m³
Parcel 72004A0114/00X003, Flanders · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
S M L
since 19852.026.628.621
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72004A0114/00X003 | Flanders | 7,483 m² | 1 · 2,500 m² | 9.0 m · 3 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.
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S.I.E.
BE 0839.831.245
Tongeren-Borgloon · Eq €693k
BENTEC
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CLC PROTECT
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Of 3,964 companies in sector 25110 we hold annual accounts for 2,133. 1,457 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-03-1985
Fiscal year end31-12
Abbreviation NL
L.S.C.
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
28110
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.