David Lievens
ActiveThe computed 12-month bankruptcy probability of David Lievens is 4.3% (elevated). The 2025 annual accounts show equity of €2k and a net result of €5k. Equity is shrinking by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 25% of 469 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▼-30
Solvency32▲+4
Growth58=
Track record100
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.87 against 0.88 in 2024; short-term debt: 68.1% and cash: 43.8% of total assets), and 93.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 53
Relative position
BE, all sectors
reference
Sector 53
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 469 sector peers (2025).
NBB · sector comparisonPosition among 469 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 22-12-2025, 129 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
129 d early
2024
56 d early
2023
28 d early
2022
19 d early
2021
2 d late
2020
29 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2k=
2024 · €2k
2020: €4k
2021: €-18k
2022: €26k
2023: €6k
2024: €2k
2020 → 2025
Total assets
€30k▼ 53.6%
2024 · €64k
2020: €122k
2021: €78k
2022: €62k
2023: €48k
2024: €64k
2020 → 2025
Net result
€5k▼ 70.7%
2024 · €16k
2020: €2k
2021: €-22k
2022: €44k
2023: €-509
2024: €16k
2020 → 2025
Working capital
€-3k▲ 59.1%
2024 · €-6k
2020: €-20k
2021: €-42k
2022: €18k
2023: €-926
2024: €-6k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-18k-€26k€6k▼ 78.0%€2k▼ 64.5%€2k=
Operating result€-15k-€57k€4k▼ 92.2%€25k▲ 466%€13k▼ 48.1%
Net result€-22k-€44k€-509€16k€5k▼ 70.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 48% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €30k
Fixed assets
€12k▼ 36.1%
Current assets
€18k▼ 60.9%
Equity and liabilities €30k
Equity
€2k=
Debt
€28k▼ 55.4%
The debt ratio falls from 96.8% to 93.1%. Debt is lower.
Key figures and ratios
EBITDA
€17k▼
2024 · €29k
Cash flow
€9k▼
2024 · €20k
Solvency
6.9%▲
2024 · 3.2%
Current ratio
0.87▼
2024 · 0.88
Quick ratio
0.87▼
2024 · 0.88
Debt / equity
13.41▼
2024 · 30.04
ROE
232.1%▼
2024 · 791.3%
ROA
16.1%▼
2024 · 25.5%
Interest coverage
2.66▼
2024 · 4.95
Debt
€28k▼
2024 · €62k
Debt ≤ 1 year
€20k▼
2024 · €51k
Debt > 1 year
€7k▼
2024 · €10k
Income taxes
€2k▼
2024 · €4k
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€64k€30k▼
Fixed assets21/28€19k€12k▼
Intangible fixed assets21€1k€888▼
Tangible fixed assets22/27€18k€11k▼
Plant, machinery and equipment23€2k€0▼
Furniture and vehicles24€1k€0▼
Leasing and similar rights25€15k€11k▼
Current assets29/58€45k€18k▼
Amounts receivable within one year40/41€39k€2k▼
Trade receivables40€28k€1k▼
Other amounts receivable41€11k€449▼
Cash at bank and in hand54/58-€13k
Deferred charges and accrued income490/1€6k€3k▼
Equity and liabilities
Total equity and liabilities10/49€64k€30k▼
Equity10/15€2k€2k=
Contributions10/11€2k€2k=
Profit (loss) carried forward14€56€56=
Amounts payable17/49€62k€28k▼
Amounts payable after more than one year17€10k€7k▼
Financial debts170/4€10k€7k▼
Amounts payable within one year42/48€51k€20k▼
Current portion of amounts payable after more than one year42€3k€3k▲
Financial debts43€16k€0▼
Credit institutions430/8€16k€0▼
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€8k€6k▼
Taxes450/3€8k€6k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€20k€9k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€2k€869▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€31k€20k▼
Operating profit (loss)9901€25k€13k▼
Financial income75/76B€1k€321▼
Recurring financial income75€1k€321▼
Financial charges65/66B€6k€6k▲
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€20k€7k▼
Income taxes67/77€4k€2k▼
Profit (loss) for the period9904€16k€5k▼
Profit (loss) for the period to be appropriated9905€16k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€5k▼
Profit (loss) brought forward from the previous period14P€4k€56▼
Profit to be distributed694/7€20k€5k▼
Return on contributions (dividend)694€20k€5k▼
The notes to these accounts (11 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
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
05-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €44k
Net result €44k after one loss-making year.
30-09
Financial
Liquidity quadruplescurrent ratio 1.57
Current ratio from 0.45 to 1.57; short-term debt falls from €76k to €32k.
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-09
Financial
Weakest financial yearnet €-22k ▼1068%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
01-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial 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, Aalst · 1 establishment unit since 2019
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.
Moorselbaan 279/19300 AalstGround area
6,160 m²
Building footprint
224 m²
Parcel 41304F0409/00M002, Flanders. Linked by address, not a title deed.
1 establishment unit
David Lievens
since 20192.296.799.553
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41304F0409/00M002 | Flanders | 6,160 m² | 1 · 224 m² | - |
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.
Similar companies · same sector, comparable size
CHARK TRANSPORT
BE 0721.505.301
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PS KHAN
BE 0751.600.342
Sint-Pieters-Leeuw · Eq €2k
YACH SERVICES
BE 0782.703.589
Aalst · Eq €2k
AA MULTISERVICES
BE 0697.586.386
Brussel · Eq €2k
Cil Trans
BE 0757.824.475
Evergem · Eq €2k
Of 4,907 companies in sector 53200 we hold annual accounts for 1,329. 397 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-12-2019
Fiscal year end30-09
Activities, NACEBEL
53200Other postal and courier activities
49410Freight transport by road
50200Water transport
52210Service activities incidental to land transportation
52260Warehousing and support activities for transportation
53100Postal and courier activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.