LB Concept
ActiveSummary
LB Concept has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €66k and a net result of €36k. Equity is growing by ~63% per year across the filed fiscal years. Its solvency ranks better than 18% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability58▲+20
Solvency40▲+8
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.01 against 0.01 in 2023; short-term debt: 51.2% of total assets), and 84.6% of the assets are financed with debt.
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Signals
Six 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2024Solvency, return and age of the figures
Solvency
15.4%
Return on assets
8.3%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 37953 sector peers (2024).
NBB · sector comparisonPosition among 37953 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, micro schema
Equity
€66k▲ 117%
2023 · €31k
Total assets
€431k▼ 0.1%
2023 · €432k
Net result
€36k▲ 4,011%
2023 · €873
Working capital
€-220k▼ 6.2%
2023 · €-207k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€4k-€2k▼ 48.0%€8k▲ 257%€11k▲ 31.7%€10k▼ 1.5%
Net result€2k-€25k▲ 900%€-340€873€36k▲ 4,011%
Equity€5k-€30k▲ 450%€30k▼ 1.1%€31k▲ 2.9%€66k▲ 117%
Total assets€133k-€140k▲ 5.2%€437k▲ 213%€432k▼ 1.3%€431k▼ 0.1%
Debt€127k-€110k▼ 13.9%€408k▲ 272%€401k▼ 1.6%€365k▼ 9.1%
Working capital€-19k-€-11k▲ 42.1%€-157k▼ 1,304%€-207k▼ 31.4%€-220k▼ 6.2%
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 2024; 2024 is 1% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €431k
Fixed assets
€430k =
Current assets
€1k ▼ 33.9%
Equity and liabilities €431k
Equity
€66k ▲ 117%
Debt
€365k ▼ 9.1%
Debt's share of the balance-sheet total falls from 92.9% to 84.6%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
0.01▼
2023 · 0.01
Debt to equity
5.49▼
2023 · 13.12
ROE
54.0%▲
2023 · 2.9%
ROA
8.3%▲
2023 · 0.2%
Debt ≤ 1 year
€221k▲
2023 · €209k
Debt > 1 year
€144k▼
2023 · €193k
Income taxes
€1k▲
2023 · €218
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €42 | €384 | ▲ 807% |
| Gross operating margin9900 | €4k | €2k | €8k | €11k | €11k | ▲ 1.8% |
| Operating profit (loss)9901 | €4k | €2k | €8k | €11k | €10k | ▼ 1.5% |
| Financial income75/76B | - | €25k | - | - | €33k | - |
| Recurring financial income75 | - | €25k | - | - | €33k | - |
| Financial charges65/66B | - | €3k | €8k | €9k | €6k | ▼ 37.5% |
| Recurring financial charges65 | €1k | €3k | €8k | €9k | €6k | ▼ 37.5% |
| Profit (loss) for the period before taxes9903 | €3k | €25k | €-340 | €1k | €37k | ▲ 3,303% |
| Income taxes67/77 | €821 | €-1 | - | €218 | €1k | ▲ 465% |
| Profit (loss) for the period9904 | €2k | €25k | €-340 | €873 | €36k | ▲ 4,011% |
| Profit (loss) for the period to be appropriated9905 | €2k | €25k | €-340 | €873 | €36k | ▲ 4,011% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €133k | €140k | €437k | €432k | €431k | ▼ 0.1% |
| Fixed assets21/28 | €130k | €130k | €430k | €430k | €430k | = |
| Financial fixed assets28 | €130k | €130k | €430k | €430k | €430k | = |
| Current assets29/58 | €3k | €10k | €7k | €2k | €1k | ▼ 33.9% |
| Amounts receivable within one year40/41 | - | €7k | €7k | €2k | €1k | ▼ 33.9% |
| Other amounts receivable41 | - | €7k | €7k | €2k | €1k | ▼ 33.9% |
| Cash at bank and in hand54/58 | €3k | €3k | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €133k | €140k | €437k | €432k | €431k | ▼ 0.1% |
| Equity10/15 | €5k | €30k | €30k | €31k | €66k | ▲ 117% |
| Contributions10/11 | - | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €2k | €27k | €27k | €28k | €63k | ▲ 130% |
| Amounts payable17/49 | €127k | €110k | €408k | €401k | €365k | ▼ 9.1% |
| Amounts payable after more than one year17 | €105k | €89k | €243k | €193k | €144k | ▼ 25.3% |
| Financial debts170/4 | - | €89k | €243k | €193k | €144k | ▼ 25.3% |
| Amounts payable within one year42/48 | €22k | €21k | €165k | €209k | €221k | ▲ 5.8% |
| Current portion of amounts payable after more than one year42 | - | €19k | €126k | €52k | €51k | ▼ 2.2% |
| Financial debts43 | - | - | €4k | €5k | €6k | ▲ 31.3% |
| Credit institutions430/8 | - | - | €4k | €5k | €5k | ▼ 0.6% |
| Other loans439 | - | - | - | - | €1k | - |
| Trade debts44 | - | €88 | - | - | - | - |
| Suppliers440/4 | - | €88 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €218 | - | - |
| Taxes450/3 | - | - | - | €218 | - | - |
| Other amounts payable47/48 | - | €1k | €35k | €152k | €164k | ▲ 8.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €25k | €-340 | €873 | €36k | ▲ 4,011% |
| Operating cash flow (approximation) | €2k | €25k | €-340 | €873 | €36k | ▲ 4,011% |
| Investment in fixed assets (approximation) | - | €0 | €-300k | €0 | €0 | - |
| Change in cash | - | €-152 | - | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2020net €36k ▲4,011%
Net result €36k, the highest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €873
Net result €873 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-340
Net result drops to €-340, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
2 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, Cerfontaine · 1 establishment unit since 2020
Ground area
7,301 m²
Building footprint
126 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
LB Concept
since 20202.304.290.725
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91030D0007/00N003 | Wallonia | 4,240 m² | - | - |
| 93070B0264/00W000 | Wallonia | 3,061 m² | 1 · 126 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 39,447 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
66220Insurance agents and brokers
Contact
E-mail
emilie.bourton1@lap.be
Phone
+32495662195
Scores and ratios are computed by Checked and are not a credit decision.