L.G.S.
ActiveL.G.S. has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €242k and a net result of €52k. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 90% of 18120 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▼-7
Solvency100▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 5.57 against 2.99 in 2024; short-term debt: 15.4% and cash: 69.5% of total assets), and 15.4% 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.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
84.6%
Return on assets
18%
Age of the figures
12 mo
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 19-03-2026, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
42 d early
2024
149 d early
2023
137 d early
2022
2 d early
2021
3 d early
2020
on the day
2019
14 d late
← 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
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€242k▲ 11.3%
2024 · €218k
2018: €101k
2019: €128k
2020: €168k
2021: €205k
2022: €210k
2023: €236k
2024: €218k
2018 → 2025
Total assets
€287k▼ 8.4%
2024 · €313k
2018: €126k
2019: €145k
2020: €197k
2021: €233k
2022: €233k
2023: €261k
2024: €313k
2018 → 2025
Net result
€52k▼ 29.8%
2024 · €74k
2018: €18k
2019: €27k
2020: €42k
2021: €37k
2022: €50k
2023: €53k
2024: €74k
2018 → 2025
Working capital
€201k▲ 6.3%
2024 · €189k
2018: €65k
2019: €97k
2020: €129k
2021: €167k
2022: €174k
2023: €207k
2024: €189k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€205k-€210k▲ 2.2%€236k▲ 12.5%€218k▼ 7.6%€242k▲ 11.3%
Operating result€54k-€68k▲ 25.3%€74k▲ 8.0%€92k▲ 24.4%€73k▼ 20.3%
Net result€37k-€50k▲ 34.1%€53k▲ 6.3%€74k▲ 39.2%€52k▼ 29.8%
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 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €287k
Fixed assets
€41k▲ 43.8%
Current assets
€245k▼ 13.7%
Equity and liabilities €287k
Equity
€242k▲ 11.3%
Debt
€44k▼ 53.6%
The debt ratio falls from 30.3% to 15.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€83k▼
2024 · €99k
Cash flow
€61k▼
2024 · €81k
Solvency
84.6%▲
2024 · 69.7%
Current ratio
5.57▲
2024 · 2.99
Quick ratio
5.57▲
2024 · 2.99
Debt / equity
0.18▼
2024 · 0.44
ROE
21.3%▼
2024 · 33.8%
ROA
18.0%▼
2024 · 23.5%
Interest coverage
73.71▼
2024 · 83.25
Debt
€44k▼
2024 · €95k
Debt ≤ 1 year
€44k▼
2024 · €95k
Income taxes
€21k▲
2024 · €20k
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€313k€287k▼
Fixed assets21/28€29k€41k▲
Tangible fixed assets22/27€29k€41k▲
Land and buildings22€5k€4k▼
Plant, machinery and equipment23€4k€7k▲
Furniture and vehicles24€19k€30k▲
Current assets29/58€284k€245k▼
Amounts receivable within one year40/41€83k€44k▼
Trade receivables40€24k€23k▼
Other amounts receivable41€58k€21k▼
Cash at bank and in hand54/58€198k€199k▲
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€313k€287k▼
Equity10/15€218k€242k▲
Contributions10/11€6k€6k=
Reserves13€212k€236k▲
Distributable reserves133€212k€236k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€95k€44k▼
Amounts payable within one year42/48€95k€44k▼
Financial debts43€6k€6k▲
Credit institutions430/8€6k€6k▲
Trade debts44€7k€4k▼
Suppliers440/4€7k€4k▼
Taxes, remuneration and social security45€9k€7k▼
Taxes450/3€9k€7k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€74k€27k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€10k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€100k€84k▼
Operating profit (loss)9901€92k€73k▼
Financial income75/76B€3k€733▼
Recurring financial income75€3k€733▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€93k€73k▼
Income taxes67/77€20k€21k▲
Profit (loss) for the period9904€74k€52k▼
Profit (loss) for the period to be appropriated9905€74k€52k▼
Appropriation of the result
Profit (loss) to be appropriated9906€74k€52k▼
Transfer from equity791/2€18k€27k▲
Transfer to equity691/2€0€52k▲
To other reserves6921€0€52k▲
Profit to be distributed694/7€92k€27k▼
Return on contributions (dividend)694€92k€27k▼
The notes to these accounts (7 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
19-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
02-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-09
Financial
Highest result since 2018net €74k ▲39.2%
Operating result €92k, net result €74k, both a record.
2023
15-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €200kEq €205k ▲22.1%
4 profitable years in a row build equity to €205k.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Equity above €150kEq €168k ▲31.4%
3 profitable years in a row build equity to €168k.
14-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 4 days late
2017
04-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 4 days late
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, Deinze · 1 establishment unit since 1997
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.
Dobbelstatiestraat 49850 DeinzeGround area
2,803 m²
Building footprint
147 m²
Volume, LiDAR
819 m³
Parcel 44044A0925/00F000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LGS
since 19972.079.858.954
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44044A0925/00F000 | Flanders | 2,803 m² | 1 · 147 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNevele
Legal Entity Identifier
9845004AC6IQFAAMBF04
Similar companies · same sector, comparable size
VANJA
BE 0440.912.609
Brugge · Eq €242k
Solutions Son-Image
BE 0663.971.532
Libramont-Chevigny · Eq €243k
MOSCO
BE 0895.210.426
Puurs-Sint-Amands · Eq €244k
NETBEAT
BE 0896.486.470
La Hulpe · Eq €244k
DELEU DIRK
BE 0829.434.330
Menen · Eq €241k
Of 3,226 companies in sector 47400 we hold annual accounts for 1,807. 1,318 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-10-1996
Fiscal year end30-09
Activities, NACEBEL
47400Retail sale of information and communication equipment
47410Retail trade
52487
Sources
Crossroads Bank for EnterprisesNational Bank · 29 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.