Skip to content

L.S.P.

Active
Public limited companyfounded 200323 yrs activeBrusselsesteenweg 110, 1860 Meise, BelgiumKBO/BCE: BE 0480.103.280

L.S.P. has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.82M and a net result of €284k. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 1617 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
87 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+26
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €330k at 30 days acceptable
Liquidity ample (current ratio 20.49 against 35.1 in 2024; short-term debt: 2.9% and cash: 23% of total assets), and 3% 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 riskneutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
97%
Return on assets
7.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 23 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
58 d early
2024
43 d early
2023
62 d early
2022
30 d late
2021
46 d early
2020
30 d early
2019
21 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 months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€3.82M▲ 8.0%
2024 · €3.54M
2018: €2.59M 2019: €2.82M 2020: €3.06M 2021: €3.31M 2022: €3.55M 2023: €3.80M 2024: €3.54M
2018 → 2025
Total assets
€3.94M▲ 9.3%
2024 · €3.60M
2018: €2.86M 2019: €2.86M 2020: €3.09M 2021: €3.37M 2022: €3.59M 2023: €3.83M 2024: €3.60M
2018 → 2025
Net result
€284k▲ 32.4%
2024 · €215k
2018: €199k 2019: €232k 2020: €238k 2021: €253k 2022: €238k 2023: €251k 2024: €215k
2018 → 2025
Working capital
€2.20M▼ 0.1%
2024 · €2.20M
2018: €1.71M 2019: €1.97M 2020: €2.21M 2021: €2.46M 2022: €2.72M 2023: €2.92M 2024: €2.20M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€3.31M-€3.55M▲ 7.2%€3.80M▲ 7.1%€3.54M▼ 7.0%€3.82M▲ 8.0%
Operating result€366k-€342k▼ 6.7%€357k▲ 4.6%€298k▼ 16.7%€187▼ 99.9%
Net result€253k-€238k▼ 5.8%€251k▲ 5.3%€215k▼ 14.4%€284k▲ 32.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300k€400kOperating result 2021: €366k€366kNet result 2021: €253k€253kOperating result 2022: €342k€342kNet result 2022: €238k€238kOperating result 2023: €357k€357kNet result 2023: €251k€251kOperating result 2024: €298k€298kNet result 2024: €215k€215kOperating result 2025: €187€187Net result 2025: €284k€284k20212022202320242025
The operating result has fallen two years in a row; 2025 is 100% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.94M
Fixed assets €1.62M▲ 21.7%
Current assets €2.31M▲ 2.0%
Equity and liabilities €3.94M
Equity €3.82M▲ 8.0%
Debt €119k▲ 75.6%
The debt ratio rises from 1.9% to 3.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€37k
2024 · €319k
Cash flow
€321k
2024 · €236k
Solvency
97.0%
2024 · 98.1%
Current ratio
20.49
2024 · 35.10
Quick ratio
20.49
2024 · 35.10
Debt / equity
0.03
2024 · 0.02
ROE
7.4%
2024 · 6.1%
ROA
7.2%
2024 · 6.0%
Interest coverage
126.65
2024 · -6667.14
Debt
€119k
2024 · €68k
Debt ≤ 1 year
€113k
2024 · €65k
Income taxes
€30k
2024 · €95k
Staff costs
€150k
2024 · €126k
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€3.60M€3.94M
Fixed assets21/28€1.33M€1.62M
Tangible fixed assets22/27€585k€875k
Land and buildings22€540k€841k
Furniture and vehicles24€45k€33k
Financial fixed assets28€750k€750k=
Current assets29/58€2.27M€2.31M
Amounts receivable within one year40/41€2.15M€1.41M
Trade receivables40€53k€80k
Other amounts receivable41€2.10M€1.33M
Current investments50/53€0-
Cash at bank and in hand54/58€117k€905k
Deferred charges and accrued income490/1€2k€0
Equity and liabilities
Total equity and liabilities10/49€3.60M€3.94M
Equity10/15€3.54M€3.82M
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€3.47M€3.76M
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€3.47M€3.75M
Profit (loss) carried forward14€0€0=
Amounts payable17/49€68k€119k
Amounts payable within one year42/48€65k€113k
Trade debts44€42k€51k
Suppliers440/4€42k€51k
Taxes, remuneration and social security45€22k€42k
Taxes450/3€22k€25k
Remuneration and social security454/9€255€17k
Other amounts payable47/48-€20k
Accrued charges and deferred income492/3€3k€6k
Income statement Code20242025
Remuneration, social security and pensions62€126k€150k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€36k
Other operating charges640/8€26k€26k
Gross operating margin9900€470k€213k
Operating profit (loss)9901€298k€187
Financial income75/76B€12k€314k
Recurring financial income75€0€314k
Non-recurring financial income76B€12k€0
Financial charges65/66B€-48€290
Recurring financial charges65€-48€290
Profit (loss) for the period before taxes9903€309k€314k
Income taxes67/77€95k€30k
Profit (loss) for the period9904€215k€284k
Profit (loss) for the period to be appropriated9905€215k€284k
Appropriation of the result
Profit (loss) to be appropriated9906€215k€284k
Transfer from equity791/2€483k€0
Transfer to equity691/2€215k€284k
To other reserves6921€215k€284k
Profit to be distributed694/7€483k€0
Return on contributions (dividend)694€483k€0
Social balance
Average headcount (FTE)90871.81.9

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2018net €284k ▲32.4%
Net result €284k, the highest in the series.
18-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-05
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Liquidity triplescurrent ratio 371.10
Current ratio from 109.46 to 371.10; short-term debt falls from €25k to €8k.
30-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial Liquidity doublescurrent ratio 109.46
Current ratio from 49.53 to 109.46; short-term debt falls from €51k to €25k.
15-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
21-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 21 days late
2019
31-12
Financial Liquidity times 7current ratio 52.60
Current ratio from 7.36 to 52.60; short-term debt falls from €269k to €38k.
05-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 5 days late
2018
20-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Meise · 1 establishment unit since 2003
establishment The establishment unit on the map
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.

Brusselsesteenweg 1101860 Meise
Ground area
471 m²
Building footprint
285 m²
Volume, LiDAR
1,827 m³
Parcel 23050F0425/02R000, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
L.S.P.
Brusselsesteenweg 110, 1860 MeiseNACE 7012002
since 20032.132.951.806
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23050F0425/02R000 Flanders 471 m² 1 · 284 m² 11.0 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.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 1,182 EUR awarded · 1,182 EUR paid
Year Entries awardedpaid
2025 1 916 EUR916 EUR
2024 1 266 EUR266 EUR
Schemes
Vlaams opleidingsverlof (VOV)
2 entries · 1,182 EUR · 1,182 EUR paid · Departement Werk en Sociale Economie

Similar companies · same sector, comparable size

Of 13,422 companies in sector 73300 we hold annual accounts for 6,900. 1,156 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded28-04-2003
Fiscal year end31-12
Activities, NACEBEL
47730Retail sale of pharmaceutical products
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
74141
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.