LC DESIGN
ActiveSummary
LC DESIGN has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€18,759) and a net result of -€30,638. Equity is shrinking by ~24.7% per year across the filed fiscal years. Its solvency ranks better than 14% of 2604 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-84
Solvency10▼-24
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.66 against 0.73 in 2024; short-term debt: 114.9% and cash: 3.9% of total assets), and equity is negative.
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Signals
Five 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
-14.9%
Return on assets
-24.4%
Age of the figures
18 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€18,759
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-12-2025, 59 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 · 7 filingsDeviation from the deadline
2025
59 d late
2024
77 d late
2023
27 d late
2022
18 d late
2021
on the day
2020
30 d late
2019
6 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 31 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 27 November (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close29-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€18,759
2024 · €11,879
Total assets
€125,806▼ 5.8%
2024 · €133,504
Net result
-€30,638
2024 · €16,354
Working capital
-€48,755▼ 51.2%
2024 · -€32,253
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€23,379▲ 262%€621▼ 97.3%-€46,703€20,956-€26,752
Net result€12,133within the sector's middle half▲ 878%-€4,889below the sector's middle half-€52,016below the sector's middle half▼ 964%€16,354within the sector's middle half-€30,638below the sector's middle half
Equity€52,296within the sector's middle half▲ 30.2%€47,408within the sector's middle half▼ 9.3%-€4,475below the sector's middle half€11,879within the sector's middle half-€18,759below the sector's middle half
Total assets€227,881within the sector's middle half▼ 22.3%€242,642within the sector's middle half▲ 6.5%€150,252within the sector's middle half▼ 38.1%€133,504within the sector's middle half▼ 11.1%€125,806within the sector's middle half▼ 5.8%
Debt€175,584▼ 30.7%€195,234▲ 11.2%€154,728▼ 20.7%€121,625▼ 21.4%€144,565▲ 18.9%
Working capital€9,789within the sector's middle half€14,341within the sector's middle half▲ 46.5%-€25,848below the sector's middle half-€32,253below the sector's middle half▼ 24.8%-€48,755below the sector's middle half▼ 51.2%
Solvency22.9%within the sector's middle half▲ 9.3pp19.5%within the sector's middle half▼ 3.4pp-3.0%below the sector's middle half▼ 22.5pp8.9%below the sector's middle half▲ 11.9pp-14.9%below the sector's middle half▼ 23.8pp
Current ratio1.06within the sector's middle half▲ 0.101.08within the sector's middle half▲ 0.020.82within the sector's middle half▼ 0.260.73below the sector's middle half▼ 0.090.66below the sector's middle half▼ 0.07
Return on assets (ROA)5.3%within the sector's middle half▲ 4.9pp-2.0%below the sector's middle half▼ 7.3pp-34.6%below the sector's middle half▼ 32.6pp12.3%within the sector's middle half▲ 46.9pp-24.4%below the sector's middle half▼ 36.6pp
Staff (FTE)4.9▲ 81.5%
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €26,752 after €20,956 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125,806
Fixed assets
€29,996 ▼ 35.9%
Current assets
€95,810 ▲ 10.5%
Key figures and ratios
EBITDA
-€9,977▼
2024 · €38,061
Cash flow
-€13,863▼
2024 · €33,460
Quick ratio
0.65▼
2024 · 0.70
Debt to equity
-7.71▼
2024 · 10.24
Interest coverage
-2.67▼
2024 · 8.49
Debt ≤ 1 year
€144,565▲
2024 · €118,987
Income taxes
€203▼
2024 · €213
Staff costs
€102▲
2024 · -€4,583
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.9%
went bankrupt
8.4%
stopped otherwise
83%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,010 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €970 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €424,605 | €349,968 | €157,822 | €109,655 | ▼ 30.5% |
| Remuneration, social security and pensions62 | - | €239,419 | €142,748 | -€4,583 | €102 | ▲ 102% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,942 | €18,660 | €17,711 | €17,105 | €16,775 | ▼ 1.9% |
| Other operating charges640/8 | - | €3,457 | €4,213 | €2,761 | €7,674 | ▲ 178% |
| Gross operating margin9900 | €274,769 | €262,157 | €117,969 | €36,239 | -€2,201 | ▼ 106% |
| Operating profit (loss)9901 | €23,379 | €621 | -€46,703 | €20,956 | -€26,752 | ▼ 228% |
| Financial income75/76B | - | €20 | €12 | €94 | €56 | ▼ 40.6% |
| Recurring financial income75 | - | €20 | €12 | €94 | €56 | ▼ 40.6% |
| Financial charges65/66B | - | €5,262 | €5,104 | €4,482 | €3,739 | ▼ 16.6% |
| Recurring financial charges65 | €3,577 | €2,808 | €3,084 | €4,482 | €3,739 | ▼ 16.6% |
| Non-recurring financial charges66B | - | €2,454 | €2,020 | - | - | - |
| Profit (loss) for the period before taxes9903 | €15,875 | -€4,621 | -€51,795 | €16,567 | -€30,435 | ▼ 284% |
| Income taxes67/77 | €3,742 | €268 | €221 | €213 | €203 | ▼ 4.8% |
| Profit (loss) for the period9904 | €12,133 | -€4,889 | -€52,016 | €16,354 | -€30,638 | ▼ 287% |
| Profit (loss) for the period to be appropriated9905 | €12,133 | -€4,889 | -€52,016 | €16,354 | -€30,638 | ▼ 287% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €227,881 | €242,642 | €150,252 | €133,504 | €125,806 | ▼ 5.8% |
| Fixed assets21/28 | €63,201 | €47,920 | €30,209 | €46,771 | €29,996 | ▼ 35.9% |
| Intangible fixed assets21 | €53,397 | €39,397 | €25,397 | €11,397 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €9,644 | €8,363 | €4,652 | €35,213 | €29,836 | ▼ 15.3% |
| Plant, machinery and equipment23 | - | €4,506 | €2,142 | €3,630 | €1,958 | ▼ 46.1% |
| Furniture and vehicles24 | - | €2,106 | €951 | €507 | €100 | ▼ 80.4% |
| Other tangible fixed assets26 | - | €1,751 | €1,558 | €31,076 | €27,779 | ▼ 10.6% |
| Financial fixed assets28 | €160 | €160 | €160 | €160 | €160 | = |
| Current assets29/58 | €164,680 | €194,722 | €120,043 | €86,733 | €95,810 | ▲ 10.5% |
| Stocks and contracts in progress3 | €4,847 | €2,480 | €2,087 | €3,512 | €2,477 | ▼ 29.5% |
| Stocks30/36 | - | €2,480 | €2,087 | €3,512 | €2,477 | ▼ 29.5% |
| Amounts receivable within one year40/41 | €136,413 | €140,193 | €95,536 | €83,061 | €88,084 | ▲ 6.0% |
| Trade receivables40 | - | €140,193 | €95,536 | €78,376 | €83,743 | ▲ 6.8% |
| Other amounts receivable41 | - | - | - | €4,685 | €4,341 | ▼ 7.4% |
| Cash at bank and in hand54/58 | €20,865 | €51,849 | €22,420 | - | €4,950 | - |
| Deferred charges and accrued income490/1 | - | €201 | - | €161 | €300 | ▲ 86.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €227,881 | €242,642 | €150,252 | €133,504 | €125,806 | ▼ 5.8% |
| Equity10/15 | €52,296 | €47,408 | -€4,475 | €11,879 | -€18,759 | ▼ 258% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €31,836 | €26,948 | -€24,935 | -€8,581 | -€39,219 | ▼ 357% |
| Amounts payable17/49 | €175,584 | €195,234 | €154,728 | €121,625 | €144,565 | ▲ 18.9% |
| Amounts payable after more than one year17 | €20,693 | €14,853 | €8,837 | €2,638 | - | - |
| Financial debts170/4 | - | €14,853 | €8,837 | €2,638 | - | - |
| Amounts payable within one year42/48 | €154,891 | €180,381 | €145,891 | €118,987 | €144,565 | ▲ 21.5% |
| Current portion of amounts payable after more than one year42 | - | €5,840 | €6,017 | €6,199 | €2,638 | ▼ 57.4% |
| Financial debts43 | - | €36,712 | €38,741 | €30,658 | €27,845 | ▼ 9.2% |
| Credit institutions430/8 | - | €36,712 | €38,741 | €30,658 | €27,845 | ▼ 9.2% |
| Trade debts44 | €22,657 | €27,775 | €27,931 | €4,213 | €21,417 | ▲ 408% |
| Suppliers440/4 | - | €27,775 | €27,931 | €4,213 | €21,417 | ▲ 408% |
| Taxes, remuneration and social security45 | - | €56,382 | €32,928 | €16,281 | €2,450 | ▼ 85.0% |
| Taxes450/3 | - | €16,164 | €18,927 | €16,281 | €2,450 | ▼ 85.0% |
| Remuneration and social security454/9 | - | €40,218 | €14,001 | - | - | - |
| Other amounts payable47/48 | - | €53,671 | €40,274 | €61,636 | €90,215 | ▲ 46.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,133 | -€4,889 | -€52,016 | €16,354 | -€30,638 | ▼ 287% |
| + Depreciation and write-downs630 | €20,942 | €18,660 | €17,711 | €17,105 | €16,775 | ▼ 1.9% |
| Operating cash flow (approximation) | €33,075 | €13,772 | -€34,305 | €33,460 | -€13,863 | ▼ 141% |
| Investment in fixed assets (approximation) | - | -€3,379 | €0 | -€33,667 | €0 | ▲ 100% |
| Change in cash | - | €30,984 | -€29,429 | - | - | - |
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
2025
29-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 59 days late
16-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 77 days late
2024
31-03
Financial
Back to profitnet €16,354
Net result €16,354 after 2 loss-making years.
2023
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
31-03
Financial
Weakest financial yearnet -€52,016
Net result drops to -€52,016, the lowest in the series; recovery starts the following year.
2022
18-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2021
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2019
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 6 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, Gesves · 1 establishment unit since 2017
Ground area
660 m²
Building footprint
206 m²
Parcel 92060C0034/00V000, Wallonia. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
LC DESIGN
since 20172.272.431.668
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92060C0034/00V000 | Wallonia | 660 m² | 1 · 206 m² | - |
Linked by address, not proof of ownership
Good to know
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 1,878 companies in sector 95314 we hold annual accounts for 848. 359 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 (pre-2019)
Founded01-12-2017
Fiscal year end31-03
Activities, NACEBEL 2025
95314Bodywork repair (including spraying and painting)
Contact
E-mail
laurent.craeye@carrosserielcdesign.be
E-mail
laurentcraeye.carrosserie@gmail.comFernelmont
Phone
081/835294Fernelmont
E-invoicing
Reachable via Peppol
Peppol ID
0208:0685567690
Also
9925:BE0685567690
Registered
19-08-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.