L-Connect
ActiveSummary
L-Connect has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4k and a net result of €99k. Equity is growing by ~64.4% per year across the filed fiscal years. Its solvency ranks better than 10% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency27▼-73
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
2.2%
Return on assets
59.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 31791 sector peers (2025).
NBB · sector comparisonPosition among 31791 sector peers
Solvency
better than 10%
← weakest
strongest →
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 06-07-2026, 25 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
25 d early
2024
28 d early
2023
15 d early
2022
3 d early
2021
23 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€4k▼ 93.8%
2024 · €57k
2021: €-3klowest in 5 years
2022: €-2k▲ +30.0% vs 2021
2023: €-2k▲ +12.1% vs 2022
2024: €57k▲ +3685% vs 2023highest in 5 years
2025: €4k▼ -93.8% vs 2024
2021 → 2025
Total assets
€165k▲ 154%
2024 · €65k
2021: €1klowest in 5 years
2022: €2k▲ +52.5% vs 2021
2023: €2k▼ -24.1% vs 2022
2024: €65k▲ +3654% vs 2023
2025: €165k▲ +154% vs 2024highest in 5 years
2021 → 2025
Net result
€99k▲ 67.6%
2024 · €59k
2021: €-4klowest in 5 years
2022: €778▲ +122% vs 2021
2023: €220▼ -71.7% vs 2022
2024: €59k▲ +26630% vs 2023
2025: €99k▲ +67.6% vs 2024highest in 5 years
2021 → 2025
Working capital
€898▼ 98.4%
2024 · €57k
2021: €-3klowest in 5 years
2022: €-2k▲ +30.0% vs 2021
2023: €-2k▲ +12.1% vs 2022
2024: €57k▲ +3685% vs 2023highest in 5 years
2025: €898▼ -98.4% vs 2024
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-3k-€-2k▲ 30.0%€-2k▲ 12.1%€57k€4k▼ 93.8%
2021: €-3klowest in 5 years
2022: €-2k▲ +30.0% vs 2021
2023: €-2k▲ +12.1% vs 2022
2024: €57k▲ +3685% vs 2023highest in 5 years
2025: €4k▼ -93.8% vs 2024
Operating result€-4k-€882€338▼ 61.7%€73k▲ 21,507%€135k▲ 84.5%
2021: €-4klowest in 5 years
2022: €882▲ +124% vs 2021
2023: €338▼ -61.7% vs 2022
2024: €73k▲ +21507% vs 2023
2025: €135k▲ +84.5% vs 2024highest in 5 years
Net result€-4k-€778€220▼ 71.7%€59k▲ 26,630%€99k▲ 67.6%
2021: €-4klowest in 5 years
2022: €778▲ +122% vs 2021
2023: €220▼ -71.7% vs 2022
2024: €59k▲ +26630% vs 2023
2025: €99k▲ +67.6% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 84% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €165k
Fixed assets
€3k
Current assets
€162k
Equity and liabilities €165k
Equity
€4k ▼ 93.8%
Debt
€161k ▲ 1,987%
Debt's share of the balance-sheet total rises from 11.9% to 97.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€135k
Cash flow
€99k
Current ratio
1.01▼
2024 · 8.41
Debt to equity
45.04▲
2024 · 0.13
ROA
59.9%▼
2024 · 90.6%
Interest coverage
105.89
Debt ≤ 1 year
€161k▲
2024 · €8k
Income taxes
€35k▲
2024 · €14k
A ratio outside any meaningful range has been withheld (balance sheet total €165k, equity €4k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€65k€165k▲
Fixed assets21/28-€3k
Tangible fixed assets22/27-€3k
Furniture and vehicles24-€3k
Current assets29/58€65k€162k▲
Amounts receivable within one year40/41€11k€22k▲
Trade receivables40€577€9k▲
Other amounts receivable41€10k€13k▲
Cash at bank and in hand54/58€54k€139k▲
Deferred charges and accrued income490/1€105€1k▲
Equity and liabilities
Total equity and liabilities10/49€65k€165k▲
Equity10/15€57k€4k▼
Contributions10/11€1k€1k=
Reserves13€56k€3k▼
Distributable reserves133€56k€3k▼
Amounts payable17/49€8k€161k▲
Amounts payable within one year42/48€8k€161k▲
Trade debts44€290€416▲
Suppliers440/4€290€416▲
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3€5k€6k▲
Other amounts payable47/48€3k€155k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€638
Other operating charges640/8€118€300▲
Gross operating margin9900€73k€136k▲
Operating profit (loss)9901€73k€135k▲
Financial income75/76B€112€7▼
Recurring financial income75€112€7▼
Financial charges65/66B€81€1k▲
Recurring financial charges65€81€1k▲
Profit (loss) for the period before taxes9903€73k€133k▲
Income taxes67/77€14k€35k▲
Profit (loss) for the period9904€59k€99k▲
Profit (loss) for the period to be appropriated9905€59k€99k▲
Appropriation of the result
Profit (loss) to be appropriated9906€56k€99k▲
Profit (loss) brought forward from the previous period14P€-3k-
Transfer from equity791/2-€54k
Transfer to equity691/2€56k-
To other reserves6921€56k-
Profit to be distributed694/7-€152k
Return on contributions (dividend)694-€152k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €638 | - |
| Other operating charges640/8 | €55 | €0 | - | €118 | €300 | ▲ 154% |
| Gross operating margin9900 | €-4k | €882 | €338 | €73k | €136k | ▲ 85.4% |
| Operating profit (loss)9901 | €-4k | €882 | €338 | €73k | €135k | ▲ 84.5% |
| Financial income75/76B | €121 | €0 | - | €112 | €7 | ▼ 93.9% |
| Recurring financial income75 | €121 | €0 | - | €112 | €7 | ▼ 93.9% |
| Financial charges65/66B | - | €104 | €118 | €81 | €1k | ▲ 1,487% |
| Recurring financial charges65 | - | €104 | €118 | €81 | €1k | ▲ 1,487% |
| Profit (loss) for the period before taxes9903 | €-4k | €778 | €220 | €73k | €133k | ▲ 82.6% |
| Income taxes67/77 | - | - | - | €14k | €35k | ▲ 145% |
| Profit (loss) for the period9904 | €-4k | €778 | €220 | €59k | €99k | ▲ 67.6% |
| Profit (loss) for the period to be appropriated9905 | €-4k | €778 | €220 | €59k | €99k | ▲ 67.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1k | €2k | €2k | €65k | €165k | ▲ 154% |
| Fixed assets21/28 | - | - | - | - | €3k | - |
| Tangible fixed assets22/27 | - | - | - | - | €3k | - |
| Furniture and vehicles24 | - | - | - | - | €3k | - |
| Current assets29/58 | €1k | €2k | €2k | €65k | €162k | ▲ 149% |
| Amounts receivable within one year40/41 | €689 | €2k | €809 | €11k | €22k | ▲ 99.4% |
| Trade receivables40 | - | €1k | - | €577 | €9k | ▲ 1,396% |
| Other amounts receivable41 | €689 | €809 | €809 | €10k | €13k | ▲ 27.9% |
| Cash at bank and in hand54/58 | €806 | €31 | €920 | €54k | €139k | ▲ 158% |
| Deferred charges and accrued income490/1 | - | - | - | €105 | €1k | ▲ 1,009% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1k | €2k | €2k | €65k | €165k | ▲ 154% |
| Equity10/15 | €-3k | €-2k | €-2k | €57k | €4k | ▼ 93.8% |
| Contributions10/11 | €1k | €1k | €1k | €1k | €1k | = |
| Reserves13 | - | - | - | €56k | €3k | ▼ 95.4% |
| Distributable reserves133 | - | - | - | €56k | €3k | ▼ 95.4% |
| Profit (loss) carried forward14 | €-4k | €-3k | €-3k | - | - | - |
| Amounts payable17/49 | €4k | €4k | €3k | €8k | €161k | ▲ 1,987% |
| Amounts payable within one year42/48 | €4k | €4k | €3k | €8k | €161k | ▲ 1,987% |
| Trade debts44 | €4k | €3k | - | €290 | €416 | ▲ 43.5% |
| Suppliers440/4 | €4k | €3k | - | €290 | €416 | ▲ 43.5% |
| Taxes, remuneration and social security45 | - | - | - | €5k | €6k | ▲ 23.9% |
| Taxes450/3 | - | - | - | €5k | €6k | ▲ 23.9% |
| Other amounts payable47/48 | - | €1k | €3k | €3k | €155k | ▲ 6,029% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-4k | €778 | €220 | €59k | €99k | ▲ 67.6% |
| + Depreciation and write-downs630 | - | - | - | - | €638 | - |
| Operating cash flow (approximation) | €-4k | €778 | €220 | €59k | €99k | ▲ 68.7% |
| Change in cash | - | €-775 | €889 | €53k | €85k | ▲ 60.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €99k ▲67.6%
Operating result €135k, net result €99k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 16current ratio 8.41
Current ratio from 0.52 to 8.41.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €778
Net result €778 after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Schoten · 1 establishment unit since 2020
Ground area
1,259 m²
Building footprint
285 m²
Volume, LiDAR
1,485 m³
2 parcels, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
L-Connect
since 20202.303.299.840
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040A0032/00G074 | Flanders | 760 m² | 1 · 181 m² | 8.3 m · 2 fl. |
| 23582D0015/00P000 | Flanders | 499 m² | 1 · 104 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 12,596 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.