L.S.C.
ActiveL.S.C. has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-58k) and a net result of €-74k. Equity is shrinking by ~56.9% per year across the filed fiscal years. Its solvency ranks better than 13% of 9183 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
31
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12=
Solvency21▼-5
Growth38=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.01 in 2024; short-term debt: 85.2% and cash: 0.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Nine 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-4%
Return on assets
-5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-58k
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
2 d early
2023
12 d early
2022
33 d early
2021
3 d late
2020
28 d late
2019
10 d late
← 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
Turnover
€17k▲ 7.7%
2021 · €16k
2018: €276k
2019: €467k
2020: €19k
2021: €16k
2018 → 2022
EBIT margin
-452.0%▼ 21.7pp
2021 · -430.3%
2018: -27.1%
2019: 31.0%
2020: -320.4%
2021: -430.3%
2018 → 2022
Net result
€-74k▲ 11.7%
2024 · €-83k
2018: €-89k
2019: €-29k
2020: €-78k
2021: €-75k
2022: €-83k
2023: €30k
2024: €-83k
2018 → 2025
Working capital
€-1.24M▼ 5.0%
2024 · €-1.18M
2018: €-1.19M
2019: €-1.22M
2020: €-1.07M
2021: €-1.13M
2022: €-1.19M
2023: €-1.11M
2024: €-1.18M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€16k-€17k▲ 7.7%
Equity€158k-€75k▼ 52.6%€105k▲ 40.0%€15k▼ 85.2%€-58k
Operating result€-67k-€-76k▼ 13.1%€42k€-66k€-57k▲ 12.7%
Net result€-75k-€-83k▼ 9.9%€30k€-83k€-74k▲ 11.7%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €57k in 2025 against €66k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.46M
Fixed assets
€1.46M▼ 3.3%
Current assets
€7k▼ 4.6%
Key figures and ratios
EBITDA
€-8k▲
2024 · €-16k
Cash flow
€-25k▲
2024 · €-34k
Solvency
-4.0%▼
2024 · 1.0%
Current ratio
0.01▼
2024 · 0.01
Quick ratio
0.01▼
2024 · 0.01
Debt / equity
-26.16▼
2024 · 96.68
ROA
-5.0%▲
2024 · -5.5%
Interest coverage
-0.49▲
2024 · -0.90
Debt
€1.52M▲
2024 · €1.50M
Debt ≤ 1 year
€1.25M▲
2024 · €1.19M
Debt > 1 year
€276k▼
2024 · €310k
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€1.51M€1.46M▼
Fixed assets21/28€1.51M€1.46M▼
Tangible fixed assets22/27€1.26M€1.21M▼
Land and buildings22€1.26M€1.21M▼
Plant, machinery and equipment23€2k€995▼
Furniture and vehicles24€358-
Financial fixed assets28€244k€244k=
Current assets29/58€7k€7k▼
Amounts receivable within one year40/41€5k€5k▼
Trade receivables40-€9
Other amounts receivable41€5k€5k▼
Cash at bank and in hand54/58€2k€1k▼
Deferred charges and accrued income490/1€600€602▲
Equity and liabilities
Total equity and liabilities10/49€1.51M€1.46M▼
Equity10/15€15k€-58k▼
Contributions10/11€151k€151k=
Reserves13€74k€69k▼
Non-distributable reserves130/1€12k€12k=
Reserves not available under the articles1311€12k€12k=
Tax-exempt reserves132€62k€58k▼
Profit (loss) carried forward14€-209k€-279k▼
Amounts payable17/49€1.50M€1.52M▲
Amounts payable after more than one year17€310k€276k▼
Financial debts170/4€310k€276k▼
Amounts payable within one year42/48€1.19M€1.25M▲
Current portion of amounts payable after more than one year42€37k€34k▼
Trade debts44€2k-
Suppliers440/4€2k-
Other amounts payable47/48€1.15M€1.21M▲
Income statement
Code20242025
Non-recurring operating income76A€6k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€49k▼
Other operating charges640/8€11k€999▼
Gross operating margin9900€-5k€-7k▼
Operating profit (loss)9901€-66k€-57k▲
Financial charges65/66B€18k€16k▼
Recurring financial charges65€18k€16k▼
Profit (loss) for the period before taxes9903€-83k€-74k▲
Profit (loss) for the period9904€-83k€-74k▲
Transfer from tax-exempt reserves789€4k€4k=
Profit (loss) for the period to be appropriated9905€-79k€-69k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-209k€-279k▼
Profit (loss) brought forward from the previous period14P€-130k€-209k▼
The notes to these accounts (8 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €30k
Net result €30k after 5 loss-making years.
31-12
Financial
Equity above €100kEq €105k ▲40%
Equity rises from €75k to €105k.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 3 days late
2021
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 28 days late
2020
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 10 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 21 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Brussel · 2 establishment units since 2011
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.
Karmelietenstraat 24c1000 BrusselGround area
1.2 ha
Building footprint
5,049 m²
Volume, LiDAR
92,476 m³
3 parcels, Brussels · tallest building 29.0 m, ±7 floors. Linked by address, not a title deed.
2 establishment units
Jean Wellensstraat 44-46, 1150 Sint-Pieters-Woluwe
since 20112.199.668.307
L.S.C.
since 20182.282.564.111
3 parcels
Brussels
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1854/00A002 | Brussels | 7,121 m² | 1 · 1,926 m² | 24.4 m · 7 fl. |
| 21808H1854/00L000 | Brussels | 4,255 m² | 1 · 2,833 m² | 29.0 m · 6 fl. |
| 21684B0002/00N011 | Brussels | 851 m² | 1 · 290 m² | 16.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
P&P HOME PROJECT
BE 0826.635.186
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Immobeck
BE 0668.460.850
Bilzen-Hoeselt · Eq €15k
DeNok Invest
BE 0759.955.309
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FILIP DERIJCK
BE 0874.437.380
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CARE OF
BE 0732.975.352
Lasne · Eq €16k
Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 2,259 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-10-2001
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
66199Other activities auxiliary to financial services, excluding insurance and pension funding
70200Business and other management consultancy
70220Business consulting
78100Employment placement agencies
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 24 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.