Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
33 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
LARES from Antwerpen, company number BE0478059055, closed financial year 2025 with a result of € -134,520 after tax. For that financial year LARES recorded a gross margin of € -2,208 and equity of € 3.8 million. Compared with financial year 2024, the result moved from € -47,569 to € -134,520. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 3.8 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -134,520
▼ 183 % more loss than in 2024
Profit after tax over the fiscal year.
€ 35,299
▲ 158% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.7 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -4,961 | € -2,479 | € -2,710 | € -2,208 | ▲ € 502 |
| Profit after taxes | € -47,207 | € -50,296 | € -47,569 | € -134,520 | ▼ € 86,952 |
| Equity | € 4,030,146 | € 3,979,850 | € 3,932,282 | € 3,797,761 | ▼ 3% |
| Total debts | € 11,993,882 | € 12,563,930 | € 13,330,335 | € 14,591,962 | ▲ 9% |
| Cash | € 15,495 | € 7,918 | € 13,690 | € 35,299 | ▲ 158% |
| Land & buildings | € 22,525 | € 21,673 | € 20,904 | € 20,136 | ▼ 4% |
| Retained profit | € 3,968,146 | € 3,917,850 | € 3,870,282 | € 3,735,761 | ▼ 3% |
| Balance sheet total | € 16,024,028 | € 16,543,780 | € 17,262,617 | € 18,389,723 | ▲ 7% |
Key figures of LARES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to LARES?
What happened at LARES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 134,520. filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 47,207 loss in 2022 to € 134,520 loss in 2025.
Paid € 5 in corporate taxes since 2022.
Management
Behind LARES is Christina Crols. It owns 99.9% of Leman Invest, 99.9% of Echnaton, 90.5% of Arts Gebroeders Immobilière, 90% of Cockerill Invest, 49.6% of Leemco and 13.2% of Lebelco itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Tavernierkaai 2
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 33 companies are registered at this address.
All companies at this address →Gemeenschappelijke kas voor de koopvaardij
ORYON
€ 1.1 million gross margin · 2025
LEMAN INVEST same network
€ 1.3 million gross margin · 2025
Arts Gebroeders
€ -2,876 gross margin · 2025
Arts Gebroeders immobilière same network
€ 271,341 gross margin · 2025
+28 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.059.055
- VAT number
- BE 0478.059.055
- Registered office
- Tavernierkaai 2, 2000 Antwerpen
- Names & denominations
- LARES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 July 2002
- Peppol
- Not registered