Turnover
≈ €12,000 estimated
The micro format states no turnover.
L.S. DEV.
Overview
Lifetime
3 annual accounts with figures on one time axispeak €1,529 (2025)
€1,529▲ 589%
lowest -€320 (2023)
€787▲ 12×
peak €3,533 (2025)
€3,533▲ 28.7%
€4,574▼ 5.7%
Board3 names since 2023
3 directorsDOHOGNE Arnaud Bertrand Philippe and 2 others
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €222 to €1,529Result from €66 to €787Equity from €2,746 to €3,533Cash from €1,780 to €3,241
Key points
from the 2025 annual accountsFilings
3 annual accounts 3 late
The 2023 accounts came latest: 44 days after the end of the period.
At the same address
9 companies
Checked score
95
Excellent
Financially stronger than 58% of micro companies in publishing (NACE 58)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 1,282 companies (NACE 58, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025
09-2025: 0.4%▲ +0.1 percentage points vs 08-2025highest value
10-2025: 0.1%▼ -0.3 percentage points vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.2 percentage points vs 07-2026
09-2026: 0.1%▼ -0.2 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
lowers risk
Sector: Publishing activities (NACE 58)
Liquidity: current ratio 1.77, cash €3,241
Figures for financial year 2025 (filed on 04-09-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 58, micro). It does better than 48% of them on solvency, 64% on liquidity, 43% on profitability and 77% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as L.S. DEV. has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of L.S. DEV. itself is lower: 0.1% within 12 months. It rests on far more data about L.S. DEV. than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for L.S. DEV.. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filingsDeviation from the deadline
2025
31 days late
2024
30 days late
2023
44 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 35 days after the deadline. In the sector (NACE 58), the median for financial year 2024 was 7 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- TOUPY Christophe André Ghislain 100 sharesdeed of 26-01-2023
- DOHOGNE Arnaud Bertrand Philippe founderdeed of 26-01-2023
- TOWNLEY Gillian Lesley 100 sharesdeed of 26-01-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0797579629
First establishment
Logiseal DEV, Square de la Paix-d'Angleur 28, Liège
Incorporation
Founding capital of €3,000, 300 shares · Founders: TOUPY Christophe André Ghislain, DOHOGNE Arnaud Bertrand Philippe and TOWNLEY Gillian Lesley · Appointments: TOUPY Christophe André Ghislain, DOHOGNE Arnaud Bertrand Philippe and TOWNLEY Gillian Lesley · published on 26-01-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| L.S. DEV. Liège | €8,107 | €1,529 | 43.6% | - |
| Badass Mongoose Courcelles | €8,021 | -€29,320 | -550.1% | - |
| INSOGAMES Verviers | €8,611 | -€115 | -94.5% | - |
| NTO CORPORATION Waterloo | €6,780 | €539 | -123.0% | - |
| NUKULÉLÉ Schaerbeek | €8,706 | -€6,711 | 71.4% | - |
| EVIL PUG GAMES Walcourt | €10,504 | -€15,907 | -166.2% | - |
| Esprits Productions Liège | €26,341 | -€15,374 | 91.8% | - |
These companies have the same main activity as L.S. DEV.: publishing activities (NACE 58210). They are comparable in size and age: total assets between €6,780 and €26,300, founded between 2021 and 2024.
Official details
Source: KBO- Status
- Active since 24-01-2023Normal situation
- Registered office
- 10 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Publishing activitiesNACE 58210and 5 others
- Establishment unit
- 2.343.843.3654031 Liège, since 01-04-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Annual accounts 2025
- €1,529▲ 589%
- €787▲ 12×
- €3,533▲ 28.7%
- €8,107▲ 6.7%
- Filing
- Filed on 31-08-2026
Insights on L.S. DEV.
L.S. DEV. files the micro format. That format states no turnover. The gross margin rose from -€301 in 2023 to €1,529 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 31-08-2026, 31 days late€1,529
▲ 589%
€1,089
▲ 391%
-
-
43.6%
▲ 7.4 percentage points
1.77
▲ 0.20
Balance sheet
balance sheet total €8,107 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
43.6%
Higher than 46% of 825 companies in 2025.
1.77
Higher than 47% of 759 companies in 2025.
9.7%
Higher than 60% of 781 companies in 2025.
L.S. DEV.
Middle half of the sector
80% of the sector
Micro accounts in publishing (NACE 58)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
8,107 | 7,597 | 2,874 | |
29/58 |
8,107 | 7,597 | 2,874 | |
40/41 |
4,866 | 5,816 | 96 | |
40 |
4,585 | 5,800 | 96 | |
41 |
281 | 17 | - | |
54/58 |
3,241 | 1,780 | 2,778 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
8,107 | 7,597 | 2,874 | |
10/15 |
3,533 | 2,746 | 2,680 | |
10/11 |
3,000 | 3,000 | 3,000 | |
14 |
533 | -254 | -320 | |
17/49 |
4,574 | 4,851 | 194 | |
42/48 |
4,574 | 4,828 | 194 | |
44 |
4,422 | 3,992 | 79 | |
440/4 |
4,422 | 3,992 | 79 | |
45 |
151 | 836 | 115 | |
450/3 |
151 | 836 | 115 | |
492/3 |
0 | 23 | 0 | |
| Income statement | ||||
70 |
- | 0 | - | |
9900 |
1,529 | 222 | -301 | |
60/61 |
- | 0 | - | |
640/8 |
440 | - | - | |
9901 |
1,089 | 222 | -301 | |
75/76B |
- | - | 0 | |
75 |
- | - | 0 | |
65/66B |
151 | 156 | 18 | |
65 |
151 | 156 | 18 | |
9903 |
939 | 66 | -320 | |
67/77 |
151 | - | - | |
9904 |
787 | 66 | -320 | |
9905 |
787 | 66 | -320 | |
| Appropriation of the result | ||||
9906 |
533 | -254 | -320 | |
14P |
-254 | -320 | - | |
| Document | ||||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00499737.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 1,460 | -998 | - | ||
| 3,533 | 2,769 | 2,680 | ||
| 43.6% | 36.1% | - | ||
| 1.77 | 1.57 | - | ||
| 1.29 | 1.77 | - | ||
| 22.3% | 2.4% | - | ||
| 9.7% | 0.9% | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on L.S. DEV.
The operating result for 2025 is 4.9 times that of 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 63.9% to 56.4%. Equity is higher and debt is lower.
Board & ownership
Board
3 directors, since incorporationDirector (not named in the articles)
since 24-01-2023
listed in the 2025 annual accounts, filed on 31-08-2026
Director (not named in the articles)
since 24-01-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 31-08-2026
Director (not named in the articles)
since 24-01-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 31-08-2026
Mandates through the years
3 names, the dashed line is todayDOHOGNE Arnaud Bertrand Philippe
Director (not named in the articles)
Director (not named in the articles)
TOUPY Christophe André Ghislain
Director (not named in the articles)
Director (not named in the articles)
TOWNLEY Gillian Lesley
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- DOHOGNE Arnaud Bertrand Philippe
- Director (not named in the articles), from 23-01-2023 to date
- TOUPY Christophe André Ghislain
- Director (not named in the articles), from 23-01-2023 to date
- TOWNLEY Gillian Lesley
- Director (not named in the articles), from 24-01-2023 to date
Control
This company
L.S. DEV.
Equity €3,533
Profit €787 in 2025
Capital
- Contribution
- €3,000
- Shares
- 300
- Contribution per share
- €10
- Equity per share
- €11.78 in 2025
- Source
- deed of 26-01-2023
Articles of association
deed of 26-01-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Tuesday of May at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Assemblée générale peut désigner liquidateurs et déterminer pouvoirs et émoluments, administrateurs en fonction si aucun autre désigné”
Shareholders
At incorporation
deed of 26-01-2023 ↗
- TOUPY Christophe André Ghislain 100 shares · €1,000
- DOHOGNE Arnaud Bertrand Philippe €1,000
- TOWNLEY Gillian Lesley 100 shares · €1,000
Network & group
No group
L.S. DEV. has no parent and no holdings in its annual accounts.
At the same address
Square de la Paix d'Angleur 28, 4031 Liège · 9 other companies| N-ZONE
establishment since 01-01-2017 · founded in 2014 |
total assets €3.7m (2025) 0547.921.920 |
| BASIC+
registered office since 01-01-2015 · founded in 2014 |
36 FTE (2025) 0553.838.029 |
| AXIRIS
establishment since 16-01-2025 · founded in 2025 |
1.5 FTE (2025) 1018.792.483 |
| ATELIER PHI
establishment since 25-01-2023 · founded in 2023 |
total assets €146,979 (2025) 0797.622.090 |
| B-ADVENTICE
registered office since 01-01-2019 · founded in 2018 |
total assets €129,377 (2025) 0716.695.683 |
| Belgorem
registered office since 27-10-2026 |
founded in 2026 1041.832.557 |
| PLATEFORME TECHNOLOGIQUE ET DE L'INNOVATION DE L'AQUACULTURE EUROPÉENNE
registered office since 02-10-2023 |
founded in 2009 0808.986.136 |
| Association Francophone de Padel
registered office since 11-05-2023 |
founded in 2015 0631.903.629 |
| FEDERATION EUROPEENNE DES PRODUCTEURS AQUACOLES
establishment since 21-10-2002 |
founded in 1999 0871.319.425 |
Earlier ties
| DEIGNE via Dohogne Amaud Bertrand Philippe, no longer at DEIGNE · Director · deed of 06-07-2021 |
founded in 2010 |
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
AD-DEV
via Dohogne Amaud Bertrand Philippe · Director (not named in the articles) · deed of 14-12-2021
Founded in 2021 · total assets €49,211 (2025)
→
Timeline
Timeline
8 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 31 days late
2025
Highest result from 2023 to 2025 net €787 ▲1,101% The operating result of €1,089 and the net result of €787 are both a record.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0797579629
Annual accounts 2024 filed PDFmicro format · 30 days late
2024
Back to profit net €66 The net result is €66, after one loss-making year.
Annual accounts 2023 filed PDFmicro format · 44 days late
2023
First establishment Logiseal DEV, Square de la Paix-d'Angleur 28, Liège
IncorporationFounding capital of €3,000, 300 shares · Founders: TOUPY Christophe André Ghislain, DOHOGNE Arnaud Bertrand Philippe and TOWNLEY Gillian Lesley · Appointments: TOUPY Christophe André Ghislain, DOHOGNE Arnaud Bertrand Philippe and TOWNLEY Gillian Lesley · published on 26-01-202313 points ▸
- Founder, TOUPY Christophe André Ghislain
- Founder, DOHOGNE Arnaud Bertrand Philippe
- Founder, TOWNLEY Gillian Lesley
- Founding capital, €3,000, 300 shares
- TOUPY Christophe André Ghislain holds 100 shares
- DOHOGNE Arnaud Bertrand Philippe is a shareholder
- TOWNLEY Gillian Lesley holds 100 shares
- Registered office clause, Square de la Paix d'Angleur 28, 4031 Liège (Angleur)
- Board rule, 3
- Director appointment, TOUPY Christophe André Ghislain (director (not named in the articles))
- Director appointment, DOHOGNE Arnaud Bertrand Philippe (director (not named in the articles))
- Director appointment, TOWNLEY Gillian Lesley (director (not named in the articles))
- Power of attorney, Paul GRIMAR
- The deed holds 9 more points.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0797.579.629
- VAT number
- BE 0797.579.629
- Peppol ID
- 0208:0797579629
- Other Peppol ID
- 9925:BE0797579629
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 24-01-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Tuesday of May at 18:00deed of 26-01-2023 (in French)
- Peppol
- Reachable since 19-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- L.S. DEV. in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 26-01-2023 (in French)
Activities
NACEBEL 202558210
Publishing activities main activity
62100
Computer programming
Codes under NACEBEL 2008
58210
Publishing activities main activity
46510
Wholesale trade
47410
Retail trade
47910
Retail trade
58290
Publishing activities
62010
Computer programming, consultancy and related activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Le consulting en informatique en général; La fourniture de services, conseils et assistances dans le domaine de l‘informatique; L’assistance…”deed of 26-01-2023 (in French)
16 activities
- Le consulting en informatique en général
- La fourniture de services, conseils et assistances dans le domaine de l‘informatique
- L’assistance en programmations, cours d'informatique, assistance en logiciels informatiques
- La prestation de toutes activités didactiques et de formation dans ces domaines
- Le conseil, la formation, la réalisation, l’expertise technique et l'assistance dans les domaines précités et principalement la configuration réseaux, configurations de matériels, consultation en programmation, élaboration de site internet, installations de matériel et logiciels, réalisation graphique et réalisation de software et toutes autres activités informatiques dans le sens le plus large du terme
- L’achat, la vente, l'importation de tout matériel de bureau et de I’informatique
- La fourniture de services et conseils entre autres dans le domaine de l'administration, de l’organisation, de la gestion et de I'informatique à des entreprises et sociétés, et ce dans le sens le plus large du mot
- La création, vente et distribution d'outils, de publications, de méthodologie relative à la sécurité informatique pour les personnes et les entreprises
- La création, I’administration, le référencement, la gestion de sites internet
- L'achat, la vente d'espaces publicitaires et de sites internet
- L'installation de systèmes de télécommunication et installations informatiques
- Le commerce de détail par correspondance ou par Internet
- La programmation, conseil et autres activités informatiques
- L'édition de jeux électroniques pour tout type de plateformes
- Le traitement de données, hébergement et activités connexes ; portails Internet
- La réparation d'ordinateurs et d'équipements périphériques
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Logiseal DEV registered office Square de la Paix-d'Angleur 28, 4031 Liège | 01-04-2023 | 2.343.843.365 |
Buildings and parcels at the address
- Ground area
- 965 m²
- Buildings
- 428 m²
- Volume, LiDAR
- 4,315 m³
- Tallest building
- 16.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62002D0006/00K000 ProtectedMonumentLes façades et toitures du château Nagelmackers, rue Vaudrée, n°49 à AngleurSource ↗ | 965 m² | 1 · 427 m² | 16.8 m · 4 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.
Contact
E-mail
stock@graphiseal.com
Phone
+32 478 15 56 04
Phone
+32 478 15 56 04 establishment in Liège