LC SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of LC SERVICES is 2.0% (moderate). The 2025 annual accounts show equity of €465k and a net result of €-50k. Equity is growing by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 80% of 45 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability8▼-92
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 7.4 against 9.92 in 2024; short-term debt: 13.3% and cash: 1.4% of total assets), and 21.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 53
Relative position
BE, all sectors
reference
Postal and courier activities (NACE 53)
about 277% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 20-08-2026, 20 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
20 d late
2024
26 d late
2023
49 d late
2022
67 d late
2021
29 d late
2020
84 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-50k
2024 · €242k
2018: €44k
2019: €59k▲ +34.4% vs 2018
2020: €59k▼ -0.7% vs 2019
2021: €31k▼ -46.7% vs 2020
2022: €47k▲ +49.3% vs 2021
2023: €-156k▼ -433% vs 2022lowest in 8 years
2024: €242k▲ +255% vs 2023highest in 8 years
2025: €-50k▼ -121% vs 2024
2018 → 2025
Working capital
€502k▲ 1.2%
2024 · €496k
2018: €89k
2019: €70k▼ -21.0% vs 2018
2020: €99k▲ +40.9% vs 2019
2021: €143k▲ +44.4% vs 2020
2022: €184k▲ +28.6% vs 2021
2023: €56k▼ -69.4% vs 2022lowest in 8 years
2024: €496k▲ +783% vs 2023
2025: €502k▲ +1.2% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€381k-€428k▲ 12.3%€272k▼ 36.4%€514k▲ 88.8%€465k▼ 9.6%
2021: €381k
2022: €428k▲ +12.3% vs 2021
2023: €272k▼ -36.4% vs 2022lowest in 5 years
2024: €514k▲ +88.8% vs 2023highest in 5 years
2025: €465k▼ -9.6% vs 2024
Operating result€50k-€69k▲ 37.9%€-153k€303k€-52k
2021: €50k
2022: €69k▲ +37.9% vs 2021
2023: €-153k▼ -320% vs 2022lowest in 5 years
2024: €303k▲ +298% vs 2023highest in 5 years
2025: €-52k▼ -117% vs 2024
Net result€31k-€47k▲ 49.3%€-156k€242k€-50k
2021: €31k
2022: €47k▲ +49.3% vs 2021
2023: €-156k▼ -433% vs 2022lowest in 5 years
2024: €242k▲ +255% vs 2023highest in 5 years
2025: €-50k▼ -121% vs 2024
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €52k after €303k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €592k
Fixed assets
€11k ▼ 36.9%
Current assets
€581k ▲ 5.2%
Equity and liabilities €592k
Equity
€465k ▼ 9.6%
Debt
€127k ▲ 129%
Debt's share of the balance-sheet total rises from 9.8% to 21.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-45k▼
2024 · €305k
Cash flow
€-43k▼
2024 · €244k
Current ratio
7.40▼
2024 · 9.92
Debt to equity
0.27▲
2024 · 0.11
ROE
-10.7%▼
2024 · 47.0%
ROA
-8.4%▼
2024 · 42.4%
Interest coverage
-14.51▼
2024 · 79.26
Debt ≤ 1 year
€79k▲
2024 · €56k
Debt > 1 year
€49k
Staff costs
€145k▲
2024 · €139k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€570k€592k▲
Fixed assets21/28€18k€11k▼
Tangible fixed assets22/27€18k€11k▼
Furniture and vehicles24€18k€11k▼
Financial fixed assets28€135€135=
Current assets29/58€552k€581k▲
Amounts receivable after more than one year29-€510k
Trade receivables290-€510k
Amounts receivable within one year40/41€108k€57k▼
Trade receivables40€108k€57k▼
Current investments50/53€350k-
Cash at bank and in hand54/58€92k€8k▼
Deferred charges and accrued income490/1€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€570k€592k▲
Equity10/15€514k€465k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€489k€439k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€488k€438k▼
Profit (loss) carried forward14€6k€7k▲
Amounts payable17/49€56k€127k▲
Amounts payable after more than one year17-€49k
Financial debts170/4-€49k
Amounts payable within one year42/48€56k€79k▲
Current portion of amounts payable after more than one year42-€14k
Trade debts44€15k€15k▲
Suppliers440/4€15k€15k▲
Taxes, remuneration and social security45€34k€47k▲
Taxes450/3€26k€28k▲
Remuneration and social security454/9€8k€19k▲
Other amounts payable47/48€7k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€139k€145k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€7k▲
Other operating charges640/8€4k€6k▲
Gross operating margin9900€448k€106k▼
Operating profit (loss)9901€303k€-52k▼
Financial income75/76B€531€6k▲
Recurring financial income75€531€6k▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€299k€-50k▼
Income taxes67/77€58k-
Profit (loss) for the period9904€242k€-50k▼
Profit (loss) for the period to be appropriated9905€242k€-50k▼
Appropriation of the result
Profit (loss) to be appropriated9906€246k€-43k▼
Profit (loss) brought forward from the previous period14P€5k€6k▲
Transfer from equity791/2-€50k
Transfer to equity691/2€240k-
To other reserves6921€240k-
Social balance
Average headcount (FTE)90873.02.9▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €175k | €182k | €231k | €139k | €145k | ▲ 4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €76k | €63k | €62k | €2k | €7k | ▲ 193% |
| Other operating charges640/8 | €6k | €7k | €14k | €4k | €6k | ▲ 54.6% |
| Gross operating margin9900 | €307k | €322k | €154k | €448k | €106k | ▼ 76.4% |
| Operating profit (loss)9901 | €50k | €69k | €-153k | €303k | €-52k | ▼ 117% |
| Financial income75/76B | €112 | €2k | €103 | €531 | €6k | ▲ 951% |
| Recurring financial income75 | €112 | €2k | €103 | €531 | €6k | ▲ 951% |
| Financial charges65/66B | €4k | €4k | €3k | €4k | €3k | ▼ 18.7% |
| Recurring financial charges65 | €4k | €4k | €3k | €4k | €3k | ▼ 18.7% |
| Profit (loss) for the period before taxes9903 | €46k | €67k | €-156k | €299k | €-50k | ▼ 117% |
| Income taxes67/77 | €15k | €21k | €-293 | €58k | - | - |
| Profit (loss) for the period9904 | €31k | €47k | €-156k | €242k | €-50k | ▼ 121% |
| Profit (loss) for the period to be appropriated9905 | €31k | €47k | €-156k | €242k | €-50k | ▼ 121% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €649k | €672k | €484k | €570k | €592k | ▲ 3.9% |
| Fixed assets21/28 | €364k | €340k | €282k | €18k | €11k | ▼ 36.9% |
| Tangible fixed assets22/27 | €350k | €325k | €268k | €18k | €11k | ▼ 37.2% |
| Land and buildings22 | €222k | €212k | €211k | - | - | - |
| Plant, machinery and equipment23 | €27k | €43k | €30k | - | - | - |
| Furniture and vehicles24 | €100k | €71k | €26k | €18k | €11k | ▼ 37.2% |
| Financial fixed assets28 | €14k | €14k | €14k | €135 | €135 | = |
| Current assets29/58 | €285k | €333k | €202k | €552k | €581k | ▲ 5.2% |
| Amounts receivable after more than one year29 | - | - | - | - | €510k | - |
| Trade receivables290 | - | - | - | - | €510k | - |
| Stocks and contracts in progress3 | €612 | €612 | - | - | - | - |
| Stocks30/36 | €612 | €612 | - | - | - | - |
| Amounts receivable within one year40/41 | €176k | €201k | €126k | €108k | €57k | ▼ 47.0% |
| Trade receivables40 | €171k | €201k | €126k | €108k | €57k | ▼ 47.0% |
| Other amounts receivable41 | €5k | - | - | - | - | - |
| Current investments50/53 | - | - | - | €350k | - | - |
| Cash at bank and in hand54/58 | €99k | €115k | €63k | €92k | €8k | ▼ 91.1% |
| Deferred charges and accrued income490/1 | €9k | €16k | €13k | €2k | €5k | ▲ 186% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €649k | €672k | €484k | €570k | €592k | ▲ 3.9% |
| Equity10/15 | €381k | €428k | €272k | €514k | €465k | ▼ 9.6% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Outside capital11 | €19k | €19k | €19k | €19k | €19k | = |
| Other1109/19 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €354k | €394k | €249k | €489k | €439k | ▼ 10.2% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €353k | €393k | €248k | €488k | €438k | ▼ 10.3% |
| Profit (loss) carried forward14 | €9k | €15k | €5k | €6k | €7k | ▲ 6.0% |
| Amounts payable17/49 | €268k | €244k | €211k | €56k | €127k | ▲ 129% |
| Amounts payable after more than one year17 | €125k | €95k | €66k | - | €49k | - |
| Financial debts170/4 | €125k | €95k | €66k | - | €49k | - |
| Amounts payable within one year42/48 | €142k | €149k | €146k | €56k | €79k | ▲ 41.1% |
| Current portion of amounts payable after more than one year42 | €49k | €30k | €30k | - | €14k | - |
| Trade debts44 | €69k | €83k | €83k | €15k | €15k | ▲ 1.8% |
| Suppliers440/4 | €69k | €83k | €83k | €15k | €15k | ▲ 1.8% |
| Taxes, remuneration and social security45 | €20k | €35k | €32k | €34k | €47k | ▲ 37.2% |
| Taxes450/3 | €7k | €19k | €10k | €26k | €28k | ▲ 8.9% |
| Remuneration and social security454/9 | €13k | €16k | €22k | €8k | €19k | ▲ 126% |
| Other amounts payable47/48 | €5k | €556 | €1k | €7k | €2k | ▼ 65.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31k | €47k | €-156k | €242k | €-50k | ▼ 121% |
| + Depreciation and write-downs630 | €76k | €63k | €62k | €2k | €7k | ▲ 193% |
| Operating cash flow (approximation) | €107k | €110k | €-94k | €244k | €-43k | ▼ 118% |
| Investment in fixed assets (approximation) | - | €-39k | €-4k | €261k | €0 | ▼ 100% |
| Change in cash | - | €16k | €-52k | €29k | €-84k | ▼ 390% |
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
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 20 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
31-12
Financial
Back to profitnet €242k
Net result €242k after one loss-making year.
31-12
Financial
Liquidity times 7current ratio 9.92
Current ratio from 1.39 to 9.92; short-term debt falls from €146k to €56k.
31-12
Financial
Equity above €500kEq €514k ▲88.8%
Equity rises from €272k to €514k.
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 49 days late
2023
31-12
Financial
Weakest financial yearnet €-156k
Net result drops to €-156k, the lowest in the series; recovery starts the following year.
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 67 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
23-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 84 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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 · 1 establishment unit since 2012
Ground area
967 m²
Building footprint
140 m²
Volume, LiDAR
710 m³
Parcel 92021A0182/00E000, Wallonia · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LC SERVICES
since 20122.214.321.740
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92021A0182/00E000 | Wallonia | 967 m² | 1 · 140 m² | 6.8 m · 2 fl. |
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.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
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Of 4,921 companies in sector 53200 we hold annual accounts for 1,322. 639 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
Founded23-11-2012
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
53200Other postal and courier activities
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
Contact
E-mail
info@lc-services.be
Phone
0474/34 37 37
Scores and ratios are computed by Checked and are not a credit decision.