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Etablissements Lica

Active
Private limited companyfounded 1972active for 54 yearsLouis Mettewielaan 71, 1080 Sint-Jans-Molenbeek, Belgium30 active companies are registered at this addressKBO/BCE: BE 0411.998.392
Summary

The computed 12-month bankruptcy probability of Etablissements Lica is 4.2% (elevated). The 2024 annual accounts show equity of €300,695 and a net result of €27,854. Equity is growing by about 2.7% per year across the filed financial years. Its solvency ranks better than 45% of 35,976 sector peers (NACE 43, financial year 2024). The company has been active since 1972 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Insulation installation
NACE 43230
Oldest company in Sint-Jans-Molenbeek, Construction sector1 site
Size
€788,270turnover 2024
Equity
€300,695
Profit
€27,854
Financial health
48 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
4.2%
Structure
2025 accounts not filed, 89 days past the deadline2 of 4 deeds summarised
Why 48raises riskLiquidity: current ratio 2.12, cash €8971 financial year not filed after the legal deadline; last filed accounts filed 173 days late; 2 of the last 3 lateFigures for financial year 2024 (filed 22-01-2026)lowers riskFounded in 1972Show the evidence

Checked score

Score 2024
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 37% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Average
Solvency 67+3
equity 42.1% of total assets
Liquidity 28=
short-term debt 45.7% · cash 0.1%
Profitability 54+14
return on assets 3.9%
Bankruptcy probability, 12 months
4.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,644 companies, NACE 43, micro)
Last 24 months 11-2024: 1.4%lowest value 12-2024: 1.4%● unchanged vs 11-2024lowest value 01-2025: 1.4%● unchanged vs 12-2024lowest value 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.5%▲ +0.1 percentage points vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.4%▼ -0.1 percentage points vs 05-2025 07-2025: 1.7%▲ +0.3 percentage points vs 06-2025 08-2025: 2.4%▲ +0.7 percentage points vs 07-2025 09-2025: 2.6%▲ +0.2 percentage points vs 08-2025 10-2025: 3.3%▲ +0.7 percentage points vs 09-2025 11-2025: 3.4%▲ +0.1 percentage points vs 10-2025 12-2025: 4.1%▲ +0.7 percentage points vs 11-2025 01-2026: 6.4%▲ +2.3 percentage points vs 12-2025highest value 02-2026: 2.1%▼ -4.3 percentage points vs 01-2026 03-2026: 2.1%● unchanged vs 02-2026 04-2026: 2.1%● unchanged vs 03-2026 05-2026: 2.1%● unchanged vs 04-2026 06-2026: 2.1%● unchanged vs 05-2026 07-2026: 2.1%● unchanged vs 06-2026 08-2026: 3.0%▲ +0.9 percentage points vs 07-2026 09-2026: 3.3%▲ +0.3 percentage points vs 08-2026 10-2026: 4.2%▲ +0.9 percentage points vs 09-2026
Credit of up to €14,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 2.12, compared with 2.07 in 2023, above the usual 1.5; short-term debt: 45.7% and cash: 0.1% of total assets), but 57.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 45% on solvency, 17% on liquidity, 26% on profitability and 61% on growth.

The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 2.12, cash €897
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 173 days late; 2 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 22-01-2026)
NBB · annual accounts
lowers risk · Founded in 1972
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 89 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline28-10-2026 today
raises risk · 2024 accounts filed 173 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-01-2026, 173 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
173 days late
2023
23 days late
2022
78 days late
2021
410 days late
2020
124 days late
2019
129 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 156 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. MiscellaneousCorrection
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Appointments: LICINI Armand, BENALI Abdelhakim and…Resignation: LICINI Angelina (director) ·…

Key points

  • Positive: Oldest company in Sint-Jans-Molenbeek, Construction sectorin the Checked rankings No. 1 View
  • Caution: 2025 accounts not fileddeadline was 31-07-2026 89 days past the deadline View
  • Active since 1972founded 01-01-1972 54 years View

By topic

Financials

Financial year
2024
Turnover
€788,270
Profit
€27,854
Solvency
42.1%
Turnover▲ 14.3%
Net result
20192024
Go to Financials

Board & ownership

Board
3 members
  • BENALI AbdelhakimDirector
  • DE SOUSA FERNANDES Antonio JorgeDirector
  • LICINI ArmandDirector
Go to Board & ownership

Timeline

Events
52
Since
1978
  1. 23-08-2024Annual accounts filed
  2. 17-10-2023Annual accounts filed
  3. 14-09-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Insulation installationNACE 43230
Founded
01-01-1972
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
30
Who signs
Two directors jointly
Financial year
From 1 July to 30 June
Purpose
“Toutes entreprises se rapportant au gros œuvre ou au parachèvement des bâtiments…” (deed in French)
Go to Articles of association

Key facts about Etablissements Lica

What is the company number of Etablissements Lica?
0411.998.392. In Belgium the VAT number is the company number with BE in front: BE 0411.998.392.
Where is Etablissements Lica based?
The registered office is at Louis Mettewielaan 71, 1080 Sint-Jans-Molenbeek.Company details
What does Etablissements Lica do?
According to the KBO register, the main activity is insulation installation (NACE 43230).
What is the legal form of Etablissements Lica?
Private limited company (BV).
When was Etablissements Lica founded?
On 01-01-1972.
Is Etablissements Lica still active?
Yes, Etablissements Lica is an active enterprise in the KBO register.
How many employees does Etablissements Lica have?
On average 11 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of Etablissements Lica?
€788,270 in financial year 2024, according to the filed annual accounts.
Is Etablissements Lica profitable?
In financial year 2024, Etablissements Lica made a profit of €27,854.
Where can I find the annual accounts of Etablissements Lica?
Etablissements Lica filed 47 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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