LBGex
ActiveLBGex has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67k and a net result of €26k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 57% of 9389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▲+14
Solvency87▲+29
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 0.95 in 2024; short-term debt: 27.8% and cash: 34.1% of total assets), and 38.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
61.8%
Return on assets
23.8%
Age of the figures
9 mo
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 23-07-2026, 8 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
8 d early
2024
9 d early
2023
1 d early
2022
30 d late
2021
30 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€67k▲ 62.8%
2024 · €41k
2021: €30k
2022: €43k
2023: €48k
2024: €41k
2021 → 2025
Total assets
€109k▼ 12.4%
2024 · €124k
2021: €94k
2022: €99k
2023: €123k
2024: €124k
2021 → 2025
Net result
€26k▲ 60.3%
2024 · €16k
2021: €20k
2022: €12k
2023: €5k
2024: €16k
2021 → 2025
Working capital
€33k
2024 · €-3k
2021: €17k
2022: €29k
2023: €28k
2024: €-3k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€30k-€43k▲ 40.1%€48k▲ 12.7%€41k▼ 14.2%€67k▲ 62.8%
Operating result€23k-€17k▼ 25.2%€9k▼ 46.3%€24k▲ 160%€26k▲ 9.7%
Net result€20k-€12k▼ 40.2%€5k▼ 55.6%€16k▲ 198%€26k▲ 60.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 10% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €109k
Fixed assets
€46k▼ 32.6%
Current assets
€63k▲ 12.2%
Equity and liabilities €109k
Equity
€67k▲ 62.8%
Debt
€42k▼ 49.8%
The debt ratio falls from 66.8% to 38.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51k▲
2024 · €48k
Cash flow
€50k▲
2024 · €40k
Solvency
61.8%▲
2024 · 33.2%
Current ratio
2.08▲
2024 · 0.95
Quick ratio
2.08▲
2024 · 0.95
Debt / equity
0.62▼
2024 · 2.01
ROE
38.6%▼
2024 · 39.2%
ROA
23.8%▲
2024 · 13.0%
Interest coverage
97.46▲
2024 · 72.80
Debt
€42k▼
2024 · €83k
Debt ≤ 1 year
€30k▼
2024 · €59k
Debt > 1 year
€11k▼
2024 · €24k
Staff costs
€34k▲
2024 · €19k
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€124k€109k▼
Fixed assets21/28€68k€46k▼
Tangible fixed assets22/27€68k€46k▼
Land and buildings22€22k€20k▼
Plant, machinery and equipment23€16k€8k▼
Furniture and vehicles24€30k€18k▼
Current assets29/58€56k€63k▲
Amounts receivable within one year40/41€6k€26k▲
Trade receivables40€5k€16k▲
Other amounts receivable41€825€10k▲
Cash at bank and in hand54/58€51k€37k▼
Equity and liabilities
Total equity and liabilities10/49€124k€109k▼
Equity10/15€41k€67k▲
Contributions10/11€10k€10k=
Reserves13€16k€16k=
Distributable reserves133€16k€16k=
Profit (loss) carried forward14€15k€41k▲
Amounts payable17/49€83k€42k▼
Amounts payable after more than one year17€24k€11k▼
Financial debts170/4€24k€11k▼
Amounts payable within one year42/48€59k€30k▼
Current portion of amounts payable after more than one year42€15k€12k▼
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€21k€16k▼
Taxes450/3€17k€9k▼
Remuneration and social security454/9€4k€6k▲
Other amounts payable47/48€20k-
Income statement
Code20242025
Remuneration, social security and pensions62€19k€34k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€24k▲
Other operating charges640/8€360€909▲
Non-recurring operating charges66A€107-
Gross operating margin9900€68k€85k▲
Operating profit (loss)9901€24k€26k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€664€521▼
Recurring financial charges65€664€521▼
Profit (loss) for the period before taxes9903€23k€26k▲
Income taxes67/77€7k-
Profit (loss) for the period9904€16k€26k▲
Profit (loss) for the period to be appropriated9905€16k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€54k€41k▼
Profit (loss) brought forward from the previous period14P€38k€15k▼
Transfer to equity691/2€16k-
To other reserves6921€16k-
Profit to be distributed694/7€23k-
Return on contributions (dividend)694€23k-
The notes to these accounts (6 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €26k ▲60.3%
Operating result €26k, net result €26k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.08
Current ratio from 0.95 to 2.08; short-term debt falls from €59k to €30k.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €5k ▼55.6%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Jalhay · 1 establishment unit since 2020
Ground area
784 m²
Building footprint
120 m²
Volume, LiDAR
746 m³
Parcel 63068B0441/00R000, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LBGex
since 20202.308.887.931
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63068B0441/00R000 | Wallonia | 784 m² | 1 · 120 m² | 7.9 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.
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Of 1,760 companies in sector 71122 we hold annual accounts for 769. 658 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-10-2020
Fiscal year end31-12
Activities, NACEBEL
71122Land surveying
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.