LBX PAINT
ActiveSummary
The computed 12-month bankruptcy probability of LBX PAINT is 3.1% (moderate). The 2024 annual accounts show equity of €29,759 and a net result of €10,386. Its solvency ranks better than 24% of 36375 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability79▼-3
Solvency48▲+9
Growth52
Track record94
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity short (current ratio 0.55 against 0.28 in 2023; short-term debt: 68.3% and cash: 14.9% of total assets), and 77.2% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
22.8%
Return on assets
8%
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 24% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
23 d early
2023
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€29,759▲ 53.6%
2023 · €19,372
Total assets
€130,603▼ 3.1%
2023 · €134,836
Net result
€10,386▼ 27.7%
2023 · €14,372
Working capital
-€39,801▲ 45.5%
2023 · -€72,992
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
Line20232024
Operating result€20,318-€15,143▼ 25.5%
Net result€14,372-€10,386▼ 27.7%
Equity€19,372-€29,759▲ 53.6%
Total assets€134,836-€130,603▼ 3.1%
Debt€115,463-€100,844▼ 12.7%
Working capital-€72,992--€39,801▲ 45.5%
Staff (FTE)1.6-0.4▼ 75.0%
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 25% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €130,603
Fixed assets
€81,200 ▼ 23.5%
Current assets
€49,403 ▲ 72.5%
Equity and liabilities €130,603
Equity
€29,759 ▲ 53.6%
Debt
€100,844 ▼ 12.7%
Debt's share of the balance-sheet total falls from 85.6% to 77.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€32,529▼
2023 · €50,305
Cash flow
€27,771▼
2023 · €44,359
Current ratio
0.55▲
2023 · 0.28
Quick ratio
0.55▲
2023 · 0.27
Debt to equity
3.39▼
2023 · 5.96
ROE
34.9%▼
2023 · 74.2%
ROA
8.0%▼
2023 · 10.7%
Interest coverage
20.41▲
2023 · 15.25
Debt ≤ 1 year
€89,204▼
2023 · €101,626
Debt > 1 year
€11,640▼
2023 · €13,838
Income taxes
€3,164▲
2023 · €2,650
Staff costs
€14,194▼
2023 · €131,567
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Non-recurring operating income76A | €3,894 | €7,098 | ▲ 82.3% |
| Remuneration, social security and pensions62 | €131,567 | €14,194 | ▼ 89.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29,987 | €17,385 | ▼ 42.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €5,875 | - | - |
| Other operating charges640/8 | €4,528 | €1,903 | ▼ 58.0% |
| Non-recurring operating charges66A | - | €1,758 | - |
| Gross operating margin9900 | €192,275 | €50,384 | ▼ 73.8% |
| Operating profit (loss)9901 | €20,318 | €15,143 | ▼ 25.5% |
| Financial income75/76B | €3 | €1 | ▼ 63.0% |
| Recurring financial income75 | €3 | €1 | ▼ 63.0% |
| Financial charges65/66B | €3,299 | €1,594 | ▼ 51.7% |
| Recurring financial charges65 | €3,299 | €1,594 | ▼ 51.7% |
| Profit (loss) for the period before taxes9903 | €17,022 | €13,551 | ▼ 20.4% |
| Income taxes67/77 | €2,650 | €3,164 | ▲ 19.4% |
| Profit (loss) for the period9904 | €14,372 | €10,386 | ▼ 27.7% |
| Profit (loss) for the period to be appropriated9905 | €14,372 | €10,386 | ▼ 27.7% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €134,836 | €130,603 | ▼ 3.1% |
| Fixed assets21/28 | €106,202 | €81,200 | ▼ 23.5% |
| Intangible fixed assets21 | €41,250 | €36,250 | ▼ 12.1% |
| Tangible fixed assets22/27 | €63,737 | €44,550 | ▼ 30.1% |
| Plant, machinery and equipment23 | €5,685 | €2,179 | ▼ 61.7% |
| Furniture and vehicles24 | €3,465 | €2,018 | ▼ 41.7% |
| Leasing and similar rights25 | €22,335 | €8,770 | ▼ 60.7% |
| Other tangible fixed assets26 | €32,252 | €31,581 | ▼ 2.1% |
| Financial fixed assets28 | €1,215 | €400 | ▼ 67.1% |
| Current assets29/58 | €28,633 | €49,403 | ▲ 72.5% |
| Stocks and contracts in progress3 | €1,026 | €523 | ▼ 49.0% |
| Stocks30/36 | €1,026 | €523 | ▼ 49.0% |
| Amounts receivable within one year40/41 | €19,022 | €11,921 | ▼ 37.3% |
| Trade receivables40 | €19,022 | €5,646 | ▼ 70.3% |
| Other amounts receivable41 | - | €6,275 | - |
| Cash at bank and in hand54/58 | €7,465 | €19,454 | ▲ 161% |
| Deferred charges and accrued income490/1 | €1,121 | €17,505 | ▲ 1,462% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €134,836 | €130,603 | ▼ 3.1% |
| Equity10/15 | €19,372 | €29,759 | ▲ 53.6% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €14,000 | €24,000 | ▲ 71.4% |
| Distributable reserves133 | €14,000 | €24,000 | ▲ 71.4% |
| Profit (loss) carried forward14 | €372 | €759 | ▲ 104% |
| Amounts payable17/49 | €115,463 | €100,844 | ▼ 12.7% |
| Amounts payable after more than one year17 | €13,838 | €11,640 | ▼ 15.9% |
| Financial debts170/4 | €13,838 | €11,640 | ▼ 15.9% |
| Amounts payable within one year42/48 | €101,626 | €89,204 | ▼ 12.2% |
| Current portion of amounts payable after more than one year42 | €4,116 | €4,283 | ▲ 4.1% |
| Trade debts44 | €12,655 | €3,289 | ▼ 74.0% |
| Suppliers440/4 | €12,655 | €3,289 | ▼ 74.0% |
| Taxes, remuneration and social security45 | €9,364 | €9,723 | ▲ 3.8% |
| Taxes450/3 | €7,800 | €9,723 | ▲ 24.7% |
| Remuneration and social security454/9 | €1,565 | - | - |
| Other amounts payable47/48 | €75,490 | €71,909 | ▼ 4.7% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €14,372 | €10,386 | ▼ 27.7% |
| + Depreciation and write-downs630 | €29,987 | €17,385 | ▼ 42.0% |
| Operating cash flow (approximation) | €44,359 | €27,771 | ▼ 37.4% |
| Investment in fixed assets (approximation) | - | €7,618 | - |
| Change in cash | - | €11,989 | - |
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
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
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, Gembloux · 1 establishment unit since 2022
Ground area
567 m²
Building footprint
297 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
LBX PAINT
since 20222.330.144.589
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92053D0773/00W002 | Wallonia | 292 m² | 1 · 234 m² | - |
| 92053D0849/00P005 | Wallonia | 275 m² | 1 · 63 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 7,867 companies in sector 43341 we hold annual accounts for 2,664. 2,219 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
Founded30-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
43333Wallpapering and laying of floor and wall coverings in other materials
43350Other building finishing work
74130Interior design
81220Other building cleaning and industrial cleaning
82990Other business support services
Contact
E-mail
info@lbxpaint.beGembloux
Phone
0497410986Gembloux
Scores and ratios are computed by Checked and are not a credit decision.