GROEP LGS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €3.06M and a net result of €1.67M. Equity is growing by ~83.2% per year across the filed fiscal years. Its solvency ranks better than 41% of 5523 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
5 d late
2024
46 d late
2023
6 d early
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.06M▲ 120%
2024 · €1.39M
2023: €743k
2024: €1.39M
2023 → 2025
Net result
€1.67M▲ 157%
2024 · €649k
2023: €-7k
2024: €649k
2023 → 2025
Total assets
€7.31M▲ 16.5%
2024 · €6.27M
2023: €7.04M
2024: €6.27M
2023 → 2025
Solvency
41.9%▲ 19.7pp
2024 · 22.2%
2023: 10.6%
2024: 22.2%
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€743k-€1.39M▲ 87.4%€3.06M▲ 120%
Operating result€-6k-€-990▲ 83.3%€-62▲ 93.7%
Net result€-7k-€649k€1.67M▲ 157%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €62 in 2025 against €990 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.31M
Fixed assets
€6.00M=
Current assets
€1.31M▲ 376%
Equity and liabilities €7.31M
Equity
€3.06M▲ 120%
Debt
€4.25M▼ 13.0%
The debt ratio falls from 77.8% to 58.1%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
41.9%▲
2024 · 22.2%
ROE
54.5%▲
2024 · 46.6%
ROA
22.8%▲
2024 · 10.3%
Debt
€4.25M▼
2024 · €4.88M
Debt ≤ 1 year
€1.84M▼
2024 · €1.92M
Debt > 1 year
€2.41M▼
2024 · €2.96M
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€6.27M€7.31M▲
Fixed assets21/28€6.00M€6.00M=
Financial fixed assets28€6.00M€6.00M=
Current assets29/58€275k€1.31M▲
Amounts receivable within one year40/41€903€903=
Other amounts receivable41€903€903=
Cash at bank and in hand54/58€274k€1.31M▲
Equity and liabilities
Total equity and liabilities10/49€6.27M€7.31M▲
Equity10/15€1.39M€3.06M▲
Contributions10/11€750k€750k=
Profit (loss) carried forward14€642k€2.31M▲
Amounts payable17/49€4.88M€4.25M▼
Amounts payable after more than one year17€2.96M€2.41M▼
Financial debts170/4€2.96M€2.41M▼
Amounts payable within one year42/48€1.92M€1.84M▼
Current portion of amounts payable after more than one year42€529k€549k▲
Other amounts payable47/48€1.39M€1.29M▼
Income statement
Code20242025
Other operating charges640/8€300€62▼
Gross operating margin9900€-690-
Operating profit (loss)9901€-990€-62▲
Financial income75/76B€800k€1.80M▲
Recurring financial income75€800k€1.80M▲
Financial charges65/66B€150k€131k▼
Recurring financial charges65€150k€131k▼
Profit (loss) for the period before taxes9903€649k€1.67M▲
Profit (loss) for the period9904€649k€1.67M▲
Profit (loss) for the period to be appropriated9905€649k€1.67M▲
Appropriation of the result
Profit (loss) to be appropriated9906€642k€2.31M▲
Profit (loss) brought forward from the previous period14P€-7k€642k▲
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
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 5 days late
2025
31-12
Financial
Highest result since 2023net €1.67M ▲157%
Operating result €-62, net result €1.67M, both a record.
31-12
Financial
Equity above €2MEq €3.06M ▲120%
2 profitable years in a row build equity to €3.06M.
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 46 days late
2024
31-12
Financial
Back to profitnet €649k
Net result €649k after one loss-making year.
31-12
Financial
Equity above €1MEq €1.39M ▲87.4%
Equity rises from €743k to €1.39M.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Tongeren-Borgloon · 1 establishment unit since 2023
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.
Daalhofstraat 453840 Tongeren-BorgloonGround area
1.8 ha
Building footprint
1,030 m²
Volume, LiDAR
6,381 m³
Parcel 73031C0349/00M002, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GROEP LGS
since 20232.345.493.652
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73031C0349/00M002 | Flanders | 1.8 ha | 1 · 1,030 m² | 8.2 m · 2 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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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 9,648 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-02-2023
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:musa@schoofsbouw.be