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Private limited companyfounded 2020active for 6 yearsVennestraat 4, 3511 Hasselt, BelgiumKBO/BCE: BE 0744.496.972
Summary

LC² is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €5,839 and a net result of €56,839. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 9,737 sector peers (NACE 64, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activities of holding companies
NACE 64210
1 site
Size
≈ €210,000turnover 2025, estimated
Equity
€5,839
Profit
€56,839
Turnover estimated from the gross margin
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
2025 accounts 14 days early1 deed in the Belgian Official Gazette
Signalsraises riskWeak solvency vs sectorneutralLatest accounts filed on timeShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Two signals.
raises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9737 sector peers (2025).
NBB · sector comparison
Position among 9737 sector peers
Solvency
better than 10%
← weakest strongest →
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 17-07-2026, 14 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
14 days early
2024
43 days early
2023
27 days early
2022
21 days early
2021
26 days early
2020
39 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 28 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Financials · financial year 2025, micro format

Equity
€5,839▼ 90.1%
2024 · €58,788
Net result
€56,839▲ 5.9%
2024 · €53,692
Total assets
€187,697▲ 19.8%
2024 · €156,627
Solvency
3.1%▼ 34.4pp
2024 · 37.5%
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 9% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€76,558 2025 Net result€56,839 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result€47,435-€70,377▲ 48.4%€74,047▲ 5.2%€56,193▼ 24.1%€70,513▲ 25.5%€76,558▲ 8.6%
Net result€37,189within the sector's middle half-€55,302within the sector's middle half▲ 48.7%€58,517within the sector's middle half▲ 5.8%€42,736within the sector's middle half▼ 27.0%€53,692within the sector's middle half▲ 25.6%€56,839within the sector's middle half▲ 5.9%
Equity€42,189within the sector's middle half-€97,491within the sector's middle half▲ 131%€156,008within the sector's middle half▲ 60.0%€198,744within the sector's middle half▲ 27.4%€58,788within the sector's middle half▼ 70.4%€5,839below the sector's middle half▼ 90.1%
Total assets€63,424below the sector's middle half-€107,851below the sector's middle half▲ 70.0%€168,002within the sector's middle half▲ 55.8%€217,337within the sector's middle half▲ 29.4%€156,627within the sector's middle half▼ 27.9%€187,697within the sector's middle half▲ 19.8%
Debt€21,235-€10,360▼ 51.2%€11,994▲ 15.8%€18,593▲ 55.0%€97,839▲ 426%€181,859▲ 85.9%
Working capital€39,349within the sector's middle half-€79,255within the sector's middle half▲ 101%€131,518within the sector's middle half▲ 65.9%€121,774within the sector's middle half▼ 7.4%-€25,883below the sector's middle half-€63,080below the sector's middle half▼ 144%
Solvency66.5%within the sector's middle half-90.4%above the sector's middle half▲ 23.9pp92.9%above the sector's middle half▲ 2.5pp91.4%above the sector's middle half▼ 1.4pp37.5%within the sector's middle half▼ 53.9pp3.1%below the sector's middle half▼ 34.4pp
Current ratio2.86within the sector's middle half-8.73above the sector's middle half▲ 5.8712.08above the sector's middle half▲ 3.357.65above the sector's middle half▼ 4.430.73within the sector's middle half▼ 6.920.65below the sector's middle half▼ 0.08
Return on assets (ROA)58.6%above the sector's middle half-51.3%above the sector's middle half▼ 7.4pp34.8%above the sector's middle half▼ 16.4pp19.7%within the sector's middle half▼ 15.2pp34.3%above the sector's middle half▲ 14.6pp30.3%above the sector's middle half▼ 4.0pp
above within below the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €187,697
Fixed assets €68,919 ▼ 19.0%
Current assets €118,778 ▲ 66.0%
Equity and liabilities €187,697
Equity €5,839 ▼ 90.1%
Debt €181,859 ▲ 85.9%
Debt's share of the balance-sheet total rises from 62.5% to 96.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
ROE
973.5%▲
2024 · 91.3%
Debt ≤ 1 year
€181,859▲
2024 · €97,428
Income taxes
€19,646▲
2024 · €16,876
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€156,627€187,697▲
Fixed assets21/28€85,082€68,919▼
Tangible fixed assets22/27€85,082€68,919▼
Plant, machinery and equipment23-€1,855
Furniture and vehicles24€15,087€8,151▼
Other tangible fixed assets26€69,995€58,913▼
Assets under construction and advance payments27€0-
Current assets29/58€71,545€118,778▲
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€38,962€36,766▼
Trade receivables40€38,962€36,766▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€26,757€79,758▲
Deferred charges and accrued income490/1€5,826€2,254▼
Equity and liabilities
Total equity and liabilities10/49€156,627€187,697▲
Equity10/15€58,788€5,839▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€53,788€839▼
Amounts payable17/49€97,839€181,859▲
Amounts payable within one year42/48€97,428€181,859▲
Trade debts44€5,834€3,900▼
Suppliers440/4€5,834€3,900▼
Taxes, remuneration and social security45€21,611€23,165▲
Taxes450/3€21,611€23,165▲
Other amounts payable47/48€69,983€154,793▲
Accrued charges and deferred income492/3€411€0▼
Income statement Code20242025
Non-recurring operating income76A-€13,927
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,764€6,955▼
Other operating charges640/8€613€546▼
Gross operating margin9900€81,889€84,059▲
Operating profit (loss)9901€70,513€76,558▲
Financial income75/76B€660€1▼
Recurring financial income75€660€1▼
Financial charges65/66B€605€74▼
Recurring financial charges65€605€74▼
Profit (loss) for the period before taxes9903€70,567€76,484▲
Income taxes67/77€16,876€19,646▲
Profit (loss) for the period9904€53,692€56,839▲
Profit (loss) for the period to be appropriated9905€53,692€56,839▲
Appropriation of the result
Profit (loss) to be appropriated9906€247,435€110,627▼
Profit (loss) brought forward from the previous period14P€193,744€53,788▼
Profit to be distributed694/7€193,647€109,788▼
Return on contributions (dividend)694€193,647€109,788▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022202320242025Change
Non-recurring operating income76A-----€13,927-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26€1,300€2,803€8,870€10,764€6,955▼ 35.4%
Other operating charges640/8-€62€62€2,570€613€546▼ 10.9%
Gross operating margin9900€47,571€71,739€76,911€67,633€81,889€84,059▲ 2.6%
Operating profit (loss)9901€47,435€70,377€74,047€56,193€70,513€76,558▲ 8.6%
Financial income75/76B--€727€817€660€1▼ 99.9%
Recurring financial income75--€727€817€660€1▼ 99.9%
Financial charges65/66B-€231€251€531€605€74▼ 87.8%
Recurring financial charges65€155€231€251€531€605€74▼ 87.8%
Profit (loss) for the period before taxes9903€47,280€70,146€74,522€56,480€70,567€76,484▲ 8.4%
Income taxes67/77€10,091€14,844€16,005€13,744€16,876€19,646▲ 16.4%
Profit (loss) for the period9904€37,189€55,302€58,517€42,736€53,692€56,839▲ 5.9%
Profit (loss) for the period to be appropriated9905€37,189€55,302€58,517€42,736€53,692€56,839▲ 5.9%
Line202020212022202320242025Change
Assets
Total assets20/58€63,424€107,851€168,002€217,337€156,627€187,697▲ 19.8%
Fixed assets21/28€2,906€18,346€24,616€77,250€85,082€68,919▼ 19.0%
Tangible fixed assets22/27€2,906€18,346€24,616€77,250€85,082€68,919▼ 19.0%
Plant, machinery and equipment23-----€1,855-
Furniture and vehicles24-€1,187€3,622€22,197€15,087€8,151▼ 46.0%
Other tangible fixed assets26-€17,159€20,994€18,550€69,995€58,913▼ 15.8%
Assets under construction and advance payments27---€36,504€0--
Current assets29/58€60,518€89,505€143,386€140,087€71,545€118,778▲ 66.0%
Amounts receivable after more than one year29--€60,000€60,000€0--
Other amounts receivable291--€60,000€60,000€0--
Amounts receivable within one year40/41€18,195€29,726€29,516€28,583€38,962€36,766▼ 5.6%
Trade receivables40-€29,726€29,516€28,043€38,962€36,766▼ 5.6%
Other amounts receivable41---€540€0--
Cash at bank and in hand54/58€40,889€58,510€52,922€49,809€26,757€79,758▲ 198%
Deferred charges and accrued income490/1-€1,269€948€1,696€5,826€2,254▼ 61.3%
Equity and liabilities
Total equity and liabilities10/49€63,424€107,851€168,002€217,337€156,627€187,697▲ 19.8%
Equity10/15€42,189€97,491€156,008€198,744€58,788€5,839▼ 90.1%
Contributions10/11-€5,000€5,000€5,000€5,000€5,000=
Profit (loss) carried forward14€37,189€92,491€151,008€193,744€53,788€839▼ 98.4%
Amounts payable17/49€21,235€10,360€11,994€18,593€97,839€181,859▲ 85.9%
Amounts payable within one year42/48€21,169€10,250€11,869€18,313€97,428€181,859▲ 86.7%
Trade debts44€2,551€2,053€1,442€6,519€5,834€3,900▼ 33.1%
Suppliers440/4-€2,053€1,442€6,519€5,834€3,900▼ 33.1%
Taxes, remuneration and social security45-€4,159€5,652€2,535€21,611€23,165▲ 7.2%
Taxes450/3-€4,159€5,652€2,535€21,611€23,165▲ 7.2%
Other amounts payable47/48-€4,037€4,775€9,260€69,983€154,793▲ 121%
Accrued charges and deferred income492/3-€111€126€280€411€0▼ 100%
Line202020212022202320242025Change
Profit (loss) for the period9904€37,189€55,302€58,517€42,736€53,692€56,839▲ 5.9%
+ Depreciation and write-downs630€26€1,300€2,803€8,870€10,764€6,955▼ 35.4%
Operating cash flow (approximation)€37,215€56,602€61,320€51,605€64,456€63,794▼ 1.0%
Investment in fixed assets (approximation)--€16,740-€9,073-€61,504-€18,597€9,208-
Change in cash-€17,621-€5,589-€3,113-€23,052€53,001-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2025 micro format 17-07-2026 2026-00305022
31-12-2024 micro format 18-06-2025 2025-00148435
31-12-2023 micro format 04-07-2024 2024-00206250
31-12-2022 micro format 10-07-2023 2023-00217989
31-12-2021 micro format 05-07-2022 2022-20132938
31-12-2020 micro format 22-06-2021 2021-22700168

Similar companies · same sector, comparable size

Of the 24,455 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 20,124. 3,823 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 to 2024 · 2 entries · €2,097 awarded · €4,196 paid
Year Entries AwardedPaid
2024 1 €2,097€2,097
2023 1 €0€2,099
Schemes
2 entries · €2,097 · €4,196 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 26 February 2020, LC² was incorporated as a private limited company.1 Total assets went from €63,424 in 2020 to €187,697 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2020 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
17-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
18-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
04-07
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
10-07
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial Highest result from 2020 to 2025net €58,517 ▲5.8%
Net result €58,517, the highest in the series.
31-12
Financial Equity above €150,000equity €156,008 ▲60%
A profit in every financial year since 2020 builds equity to €156,008.
05-07
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial Liquidity more than triplescurrent ratio 8.73
Current ratio from 2.86 to 8.73; short-term debt falls from €21,169 to €10,250.
22-06
NBB filing Annual accounts filed
financial year 2020 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded26-02-2020
Financial year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0744496972
Also 9925:BE0744496972
Registered 30-01-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2020
registered office establishment The establishment unit on the map
Ground area
862 m²
Building footprint
160 m²
Parcel 71032B0517/00W007, Flanders. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
LC²
Vennestraat 4, 3511 HasseltActivities of holding companies
since 2020unit no. 2.299.748.947
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
71032B0517/00W007 Flanders 862 m² 1 · 160 m² 0.0 m
How the parcels are linked
Good to know
The parcel matches the address exactly.