LB Properties
ActiveSummary
The computed 12-month bankruptcy probability of LB Properties is 2.4% (moderate). The 2025 annual accounts show equity of €20k and a net result of €-3k. Equity is shrinking by ~33.3% per year across the filed fiscal years. The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability23=
Solvency72▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 64.78 against 44.11 in 2024; short-term debt: 1.5% and cash: 100% of total assets), but 52.5% 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
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
47.5%
Return on assets
-5.9%
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 dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-3k
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
49 d early
2023
29 d early
2022
20 d early
2021
53 d early
2020
29 d early
2019
3 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€20k▼ 11.0%
2024 · €23k
Total assets
€43k▼ 6.3%
2024 · €46k
Net result
€-3k▲ 6.5%
2024 · €-3k
Working capital
€42k▼ 5.6%
2024 · €45k
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
Line20212022202320242025
Operating result€47k▼ 89.2%€65k▲ 37.4%€-3k€-1k▲ 64.9%€-873▲ 21.8%
Net result€35k▼ 87.6%€45k▲ 30.6%€-5k€-3k▲ 45.4%€-3k▲ 6.5%
Equity€143k▲ 32.1%€53k▼ 63.2%€26k▼ 51.2%€23k▼ 10.5%€20k▼ 11.0%
Total assets€842k▼ 5.8%€206k▼ 75.6%€49k▼ 76.3%€46k▼ 5.7%€43k▼ 6.3%
Debt€699k▼ 11.0%€153k▼ 78.1%€23k▼ 84.9%€23k▼ 0.3%€23k▼ 1.6%
Working capital€703k▲ 3.8%€53k▼ 92.5%€48k▼ 9.4%€45k▼ 5.7%€42k▼ 5.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €873 in 2025 against €1k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €43k
Equity
€20k ▼ 11.0%
Debt
€23k ▼ 1.6%
Debt's share of the balance-sheet total rises from 50.0% to 52.5%. Equity and debt are lower.
Key figures and ratios
Current ratio
64.78▲
2024 · 44.11
Debt to equity
1.11▲
2024 · 1.00
ROE
-12.3%▼
2024 · -11.7%
ROA
-5.9%▲
2024 · -5.9%
Debt ≤ 1 year
€666▼
2024 · €1k
Debt > 1 year
€22k=
2024 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €868 | €960 | €387 | €400 | ▲ 3.4% |
| Gross operating margin9900 | €47k | €66k | €-2k | €-730 | €-473 | ▲ 35.2% |
| Operating profit (loss)9901 | €47k | €65k | €-3k | €-1k | €-873 | ▲ 21.8% |
| Financial charges65/66B | €15k | €2k | €2k | €2k | €2k | ▲ 4.3% |
| Recurring financial charges65 | €15k | €2k | €2k | €2k | €2k | ▲ 4.3% |
| Profit (loss) for the period before taxes9903 | €33k | €63k | €-5k | €-3k | €-3k | ▲ 6.5% |
| Income taxes67/77 | €-2k | €17k | €206 | - | - | - |
| Profit (loss) for the period9904 | €35k | €45k | €-5k | €-3k | €-3k | ▲ 6.5% |
| Profit (loss) for the period to be appropriated9905 | €35k | €45k | €-5k | €-3k | €-3k | ▲ 6.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €842k | €206k | €49k | €46k | €43k | ▼ 6.3% |
| Current assets29/58 | €842k | €206k | €49k | €46k | €43k | ▼ 6.3% |
| Stocks and contracts in progress3 | €816k | - | - | - | - | - |
| Contracts in progress37 | €816k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €20k | €5k | €2k | - | - | - |
| Trade receivables40 | - | - | €2k | - | - | - |
| Other amounts receivable41 | €20k | €5k | - | - | - | - |
| Cash at bank and in hand54/58 | €5k | €201k | €47k | €46k | €43k | ▼ 6.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €842k | €206k | €49k | €46k | €43k | ▼ 6.3% |
| Equity10/15 | €143k | €53k | €26k | €23k | €20k | ▼ 11.0% |
| Contributions10/11 | €20k | €20k | - | - | - | - |
| Reserves13 | €2k | €2k | - | - | - | - |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Profit (loss) carried forward14 | €121k | €31k | €26k | €23k | €20k | ▼ 11.0% |
| Amounts payable17/49 | €699k | €153k | €23k | €23k | €23k | ▼ 1.6% |
| Amounts payable after more than one year17 | €560k | - | €22k | €22k | €22k | = |
| Financial debts170/4 | €560k | - | - | - | - | - |
| Other amounts payable178/9 | - | - | €22k | €22k | €22k | = |
| Amounts payable within one year42/48 | €139k | €153k | €1k | €1k | €666 | ▼ 36.2% |
| Current portion of amounts payable after more than one year42 | €127k | - | - | - | - | - |
| Trade debts44 | €122 | €378 | €1k | €1k | €666 | ▼ 36.2% |
| Suppliers440/4 | €122 | €378 | €1k | €1k | €666 | ▼ 36.2% |
| Taxes, remuneration and social security45 | €12k | €34k | - | - | - | - |
| Taxes450/3 | €12k | €34k | - | - | - | - |
| Other amounts payable47/48 | - | €119k | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35k | €45k | €-5k | €-3k | €-3k | ▲ 6.5% |
| Operating cash flow (approximation) | €35k | €45k | €-5k | €-3k | €-3k | ▲ 6.5% |
| Change in cash | - | €195k | €-154k | €-1k | €-3k | ▼ 144% |
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
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 33current ratio 43.71
Current ratio from 1.34 to 43.71; short-term debt falls from €153k to €1k.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €280k ▲1,582%
Operating result €438k, net result €280k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 4.13
Current ratio from 1.31 to 4.13; short-term debt falls from €2.82M to €216k.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 16 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Ukkel · 1 establishment unit since 2013
Ground area
1,816 m²
Building footprint
626 m²
Volume, LiDAR
7,384 m³
2 parcels, Brussels · tallest building 16.0 m, ±5 floors. Linked by address, not a title deed.
18
companies at this address
See who is registered here
1 establishment unit
LB Properties
since 20132.224.379.848
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616A0195/00N015 | Brussels | 1,341 m² | 1 · 412 m² | 15.7 m · 4 fl. |
| 21616G0414/00K003 | Brussels | 475 m² | 1 · 213 m² | 16.0 m · 5 fl. |
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.
Identification & contact
Identification
Legal formPrivate limited company
Founded20-11-2013
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.