Active BE 0463.895.174Private limited company

L.N. CONSULT

Hookstrasse 27 ·4700 Eupen, Belgium· 28 yrs active

Sector: Manufacture of machinery and equipment not elsewhere classified (28920)

Conclusion Checked

L.N. CONSULT has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €275k and a net result of €55k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 78% of 514 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€275k
Net result	€55k
Better than sector	78%
Active	28 yrs

Financial profile 5 of 5 axes measured · computed by Checked

96 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100

Profitability 100

Solvency 100

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.4% Very low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1998, 28 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

100 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€30k

estimate, not credit advice

Score history

61 2022

89 2023

100 2024

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 2.14 (≥ 1.5) +10

Quick ratio Quick ratio 2.14 (≥ 1.0) +5

Leverage Debt/equity 0.28 (< 1.0) +10

Profitability ROE 20% (≥ 10%) +10

Interest coverage Interest coverage 37.2× (≥ 3×) +8

Profit trend Net profit up YoY +5

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview26 NBB filings

Annual accounts filed on 17-06-2025 with the NBB · fiscal year 2024 · micro schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~17.3%/year over 3 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 28, Manufacture of machinery and equipment not elsewhere classified · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	78.3%	51.8%	better than 78% of 514 sector peers
Net result	€55k	€11k	better than 85% of 514 sector peers
Equity	€275k	€88k	better than 79% of 514 sector peers
Gross operating margin	€114k	€42k	better than 77% of 513 sector peers
Total assets	€351k	€244k	better than 64% of 514 sector peers

EBITDA

€105k

+75.6% 22-24

Net profit

€55k

+164.1% 22-24

Cash flow

€74k

+70.8% 22-24

Total assets

€351k

+8.5% 22-24

Equity

€275k

+25.1% 22-24

Working capital

€49k

+98.1% 22-24

Employees (FTE)

0

-70.0% 22-24

Staff costs

€1k

-87.7% 22-24

Income taxes

€28k

+130.4% 22-24

Dividends

€27k

- 22-24

Debt

€76k

-26.7% 22-24

Debt ≤ 1y

€43k

-30.7% 22-24

Debt > 1y

€33k

-19.5% 22-24

Current ratio

2.14

+52.9% 22-24

Quick ratio

2.14

+52.9% 22-24

Solvency

78.3%

+15.3% 22-24

Debt / equity

0.28

-41.4% 22-24

ROE

20.1%

+111.0% 22-24

ROA

15.7%

+143.4% 22-24

Interest coverage

37.24

+163.6% 22-24

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2024	2023	2022
Deposit	micro schema	micro schema	micro schema
Revenue	-	-	-
EBITDA	€105k	€60k	€39k
Net profit	€55k	€21k	€9k
Cash flow	€74k	€44k	€28k
Staff costs	-	€1k	€12k
Income taxes	€28k	€12k	€5k
Dividends	-	-	€27k
Total assets	€351k	€324k	€308k
Equity	€275k	€220k	€199k
Debt	€76k	€104k	€109k
of which ≤ 1y	€43k	€62k	€59k
of which > 1y	€33k	€41k	€51k
Working capital	€49k	€25k	€-10k
Employees (FTE)	-	0.3	1.0

Ratios (computed)

	2024	2023	2022
Current ratio	2.14	1.40	0.83
Quick ratio	2.14	1.40	0.83
Working capital ratio	14.0%	7.6%	-3.2%
Solvency	78.3%	67.9%	64.5%
Debt / equity	0.28	0.47	0.55
Long-term debt ratio	0.12	0.19	0.25
Interest coverage	37.24	14.13	7.05
Gross margin	-	-	-
Net margin	-	-	-
ROA	15.7%	6.5%	3.1%
ROE	20.1%	9.5%	4.8%
EBITDA margin	-	-	-
Days sales outstanding	-	-	-
Days payable outstanding	-	-	-
Inventory turnover	-	-	-
Days inventory (DSI)	-	-	-

Balance-sheet composition 2024

Assets

Fixed assets €259k · 73.8% Current assets €92k · 26.3%

Equity & liabilities

Equity €275k · 78.3% Debt €76k · 21.7%

Full annual accounts (24 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024	2023	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€351k	€324k	€308k
Fixed assets	21/28	€259k	€237k	€259k
Tangible fixed assets	22/27	€259k	€237k	€259k
Financial fixed assets	28	-	-	€25
Current assets	29/58	€92k	€87k	€49k
Amounts receivable within one year	40/41	€15k	€12k	€12k
Cash & bank	54/58	€76k	€70k	€35k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€351k	€324k	€308k
Equity	10/15	€275k	€220k	€199k
Contributions / capital	10/11	€19k	€19k	€19k
Reserves	13	€218k	€163k	€142k
Accumulated profits (losses)	14	€38k	€38k	€38k
Amounts payable	17/49	€76k	€104k	€109k
Amounts payable after one year	17	€33k	€41k	€51k
Amounts payable within one year	42/48	€43k	€62k	€59k
Trade debts payable within one year	44	€13k	€46k	€8k
Income statement
Gross operating margin	9900	€114k	€68k	€56k
Operating result	9901	€86k	€37k	€20k
Financial income	75	-	-	€62
Financial charges	65	€3k	€4k	€5k
Result before taxes	9903	€84k	€33k	€15k
Income taxes	67/77	€28k	€12k	€5k
Net result for the period	9904	€55k	€21k	€9k
Result to be appropriated	9905	€55k	€21k	€9k

Directors & mandates 2 directors

Current directors & mandates

LEBEAU Anne
Director
State Gazette act 23423152 (09-11-2023)

Current
09-11-2023 → present

Former directors (1)

NOLS Gérard
Manager
State Gazette act 23423152 (09-11-2023)

Former
- → 09-11-2023

Legal Structure

NACE primary	Manufacture of machinery and equipment not elsewhere classified(28920)
Legal form	Private limited company(610)
Incorporation	18-08-1998
Status	Active
Postal code	4700

Establishment units 1 location

Hookstrasse 27, 4700 Eupen

NACE 28520

since 19982.088.067.530

Updates 11 events

All 13Financial 2Gazette 1Filings 10

2025

17-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2022net €55k ▲164%

Operating result €86k, net result €55k, both a record.

27-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Equity above €200kEq €220k ▲10.5%

2 profitable years in a row build equity to €220k.

09-11

State Gazette act Director changes

Philippe MALHERBE

27-04

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-03

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

30-04

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

03-03

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

27-02

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

26-02

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

28-02

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

29-02

NBB filing Annual accounts filed

fiscal year 2015 · full schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 2 acts read

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 2 years ago

2023

09-11-2023 1 director appointed, 1 resigning Director changes·Philippe MALHERBE

LEBEAU Anne, Bestuurder
NOLS Gérard, Zaakvoerder

Notary: Philippe MALHERBE · Eupen

Original publication ↗

Technical details

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  },
  "decisions": [
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  "is_correction": false,
  "subject_company": {
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  "publication_proxy": {
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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Manufacture of machinery and equipment not elsewhere classified2892029520Agents in the wholesale of industrial machinery, ships and aircraft46140Computing infrastructure, data processing, hosting and related activities63100Computing infrastructure, data processing, hosting and other information service activities63110Renting and operating of own or leased residential real estate, excluding social housing68201Renting and operating of own or leased non-residential real estate, excluding land6820372400Other professional, scientific and technical activities74300Translation services74301Other professional, scientific and technical activities74909Other professional, scientific and technical activities74999

Names & trade names

Legal nameDE

L.N. CONSULT

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