LBTech
ActiveLBTech has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65k and a net result of €13k. Equity is growing by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 60% of 26942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
68
/ 100
Healthy▼ -1 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▼-2
Solvency68▲+7
Growth78=
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.67 against 0.75 in 2024), and 44% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
56%
Return on assets
10.9%
Age of the figures
8 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
7 d late
2023
22 d late
2022
29 d late
2021
21 d late
2020
9 d late
2019
90 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
08-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€65k▲ 24.3%
2024 · €52k
2018: €31k
2019: €29k
2020: €18k
2021: €26k
2022: €28k
2023: €39k
2024: €52k
2018 → 2025
Total assets
€116k▼ 2.5%
2024 · €119k
2018: €61k
2019: €43k
2020: €23k
2021: €44k
2022: €76k
2023: €127k
2024: €119k
2018 → 2025
Net result
€13k▼ 6.1%
2024 · €14k
2018: €-3k
2019: €-2k
2020: €-11k
2021: €8k
2022: €2k
2023: €11k
2024: €14k
2018 → 2025
Working capital
€-11k▼ 24.8%
2024 · €-9k
2018: €22k
2019: €28k
2020: €18k
2021: €10k
2022: €-14k
2023: €-14k
2024: €-9k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€28k▲ 6.2%€39k▲ 39.0%€52k▲ 34.9%€65k▲ 24.3%
Operating result€9k-€3k▼ 63.6%€19k▲ 464%€21k▲ 11.9%€23k▲ 8.6%
Net result€8k-€2k▼ 80.2%€11k▲ 565%€14k▲ 24.4%€13k▼ 6.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 9% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116k
Fixed assets
€94k▲ 1.4%
Current assets
€22k▼ 15.8%
Equity and liabilities €116k
Equity
€65k▲ 24.3%
Debt
€51k▼ 23.5%
The debt ratio falls from 56.0% to 44.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€34k▲
2024 · €30k
Cash flow
€24k▲
2024 · €23k
Solvency
56.0%▲
2024 · 44.0%
Current ratio
0.67▼
2024 · 0.75
Quick ratio
0.67▼
2024 · 0.75
Debt / equity
0.78▼
2024 · 1.27
ROE
19.5%▼
2024 · 25.9%
ROA
10.9%▼
2024 · 11.4%
Interest coverage
15.48▲
2024 · 10.84
Debt
€51k▼
2024 · €67k
Debt ≤ 1 year
€34k▼
2024 · €36k
Debt > 1 year
€17k▼
2024 · €31k
Income taxes
€8k▲
2024 · €5k
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€119k€116k▼
Fixed assets21/28€92k€94k▲
Tangible fixed assets22/27€92k€94k▲
Land and buildings22€74k€69k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€17k€23k▲
Current assets29/58€27k€22k▼
Amounts receivable within one year40/41€15k€4k▼
Trade receivables40€11k€2k▼
Other amounts receivable41€4k€2k▼
Cash at bank and in hand54/58€10k€17k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€119k€116k▼
Equity10/15€52k€65k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€46k€59k▲
Amounts payable17/49€67k€51k▼
Amounts payable after more than one year17€31k€17k▼
Financial debts170/4€31k€17k▼
Amounts payable within one year42/48€36k€34k▼
Current portion of amounts payable after more than one year42€14k€14k▲
Trade debts44€11k€13k▲
Suppliers440/4€11k€13k▲
Taxes, remuneration and social security45€5k€2k▼
Taxes450/3€5k€2k▼
Other amounts payable47/48€6k€5k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€12k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€32k€35k▲
Operating profit (loss)9901€21k€23k▲
Financial income75/76B€849€76▼
Recurring financial income75€849€76▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€19k€20k▲
Income taxes67/77€5k€8k▲
Profit (loss) for the period9904€14k€13k▼
Profit (loss) for the period to be appropriated9905€14k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€59k▲
Profit (loss) brought forward from the previous period14P€33k€46k▲
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
31-12
Financial
Highest result since 2018net €14k ▲24.4%
Net result €14k, the highest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
21-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 21 days late
2021
31-12
Financial
Back to profitnet €8k
Net result €8k after 3 loss-making years.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Namur · 2 establishment units since 2014
Ground area
6,014 m²
Building footprint
200 m²
Volume, LiDAR
451 m³
2 parcels, Wallonia · tallest building 6.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
LB TECH
since 20142.227.052.395
LB TECH
since 20222.331.660.858
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25024B0394/00E000 | Wallonia | 4,122 m² | 1 · 101 m² | - |
| 92082D0892/00K000 | Wallonia | 1,892 m² | 1 · 99 m² | 6.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
TRAVTECH
BE 0747.688.965
Boom · Eq €65k
CHAUFFAGE CEREXHE
BE 0430.868.753
Theux · Eq €65k
Cool & Energy Consult
BE 0588.994.886
Wevelgem · Eq €65k
Johan De Waele
BE 0895.420.856
Deinze · Eq €65k
MVC
BE 0687.499.079
Chaudfontaine · Eq €65k
Of 9,471 companies in sector 43222 we hold annual accounts for 5,623. 4,704 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-01-2014
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.