LCFin
ActiveSummary
LCFin has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138,332 and a net result of €50,695. Equity is growing by ~38.5% per year across the filed fiscal years. Its solvency ranks better than 27% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▲+15
Solvency51=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 1.99 against 2.61 in 2024; short-term debt: 17.3% and cash: 14.3% of total assets), but 74.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
25.6%
Return on assets
9.4%
Age of the figures
9 mo
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 31-03-2026, 122 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
122 d early
2024
27 d late
2023
27 d late
2022
on the day
2021
9 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€138,332=
2024 · €138,332
Total assets
€540,878▲ 0.2%
2024 · €540,001
Net result
€50,695▲ 156%
2024 · €19,775
Working capital
€92,831▼ 20.8%
2024 · €117,160
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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€36,318-€80,225▲ 121%€73,696▼ 8.1%€32,021▼ 56.5%€76,014▲ 137%
Net result€26,186within the sector's middle half-€57,656within the sector's middle half▲ 120%€53,490within the sector's middle half▼ 7.2%€19,775within the sector's middle half▼ 63.0%€50,695within the sector's middle half▲ 156%
Equity€27,186within the sector's middle half-€84,842within the sector's middle half▲ 212%€138,332within the sector's middle half▲ 63.0%€138,332within the sector's middle half=€138,332within the sector's middle half=
Total assets€38,203below the sector's middle half-€116,737within the sector's middle half▲ 206%€165,513within the sector's middle half▲ 41.8%€540,001above the sector's middle half▲ 226%€540,878above the sector's middle half▲ 0.2%
Debt€11,017-€31,895▲ 190%€27,181▼ 14.8%€401,669▲ 1,378%€402,546▲ 0.2%
Working capital€28,352-€86,673▲ 206%€140,332▲ 61.9%€117,160▼ 16.5%€92,831▼ 20.8%
Solvency71.2%within the sector's middle half-72.7%within the sector's middle half▲ 1.5pp83.6%above the sector's middle half▲ 10.9pp25.6%below the sector's middle half▼ 58.0pp25.6%within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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 recovers in 2025; 2025 is 137% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €540,878
Fixed assets
€354,604 ▲ 1.3%
Current assets
€186,274 ▼ 1.8%
Equity and liabilities €540,878
Equity
€138,332 =
Debt
€402,546 ▲ 0.2%
Debt's share of the balance-sheet total stays at 74.4%.
Key figures and ratios
EBITDA
€96,274▲
2024 · €37,108
Cash flow
€70,955▲
2024 · €24,862
Current ratio
1.99▼
2024 · 2.61
Debt to equity
2.91▲
2024 · 2.90
ROE
36.6%▲
2024 · 14.3%
ROA
9.4%▲
2024 · 3.7%
Interest coverage
7.91▲
2024 · 5.06
Debt ≤ 1 year
€93,443▲
2024 · €72,616
Debt > 1 year
€309,103▼
2024 · €328,570
Income taxes
€13,298▲
2024 · €5,226
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,677 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.3%
went bankrupt
1.2%
stopped otherwise
97%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 2,677 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,185 | €677 | €170 | €5,087 | €20,260 | ▲ 298% |
| Other operating charges640/8 | €576 | €147 | €477 | €39,325 | €1,771 | ▼ 95.5% |
| Gross operating margin9900 | €38,080 | €81,049 | €74,343 | €76,433 | €98,045 | ▲ 28.3% |
| Operating profit (loss)9901 | €36,318 | €80,225 | €73,696 | €32,021 | €76,014 | ▲ 137% |
| Financial income75/76B | €5 | €0 | €27 | €319 | €143 | ▼ 55.2% |
| Recurring financial income75 | €5 | €0 | €27 | €319 | €143 | ▼ 55.2% |
| Financial charges65/66B | €19 | €482 | €429 | €7,339 | €12,164 | ▲ 65.7% |
| Recurring financial charges65 | €19 | €482 | €429 | €7,339 | €12,164 | ▲ 65.7% |
| Profit (loss) for the period before taxes9903 | €36,305 | €79,743 | €73,294 | €25,001 | €63,993 | ▲ 156% |
| Income taxes67/77 | €10,119 | €22,087 | €19,805 | €5,226 | €13,298 | ▲ 154% |
| Profit (loss) for the period9904 | €26,186 | €57,656 | €53,490 | €19,775 | €50,695 | ▲ 156% |
| Profit (loss) for the period to be appropriated9905 | €26,186 | €57,656 | €53,490 | €19,775 | €50,695 | ▲ 156% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €38,203 | €116,737 | €165,513 | €540,001 | €540,878 | ▲ 0.2% |
| Fixed assets21/28 | €847 | €170 | - | €350,225 | €354,604 | ▲ 1.3% |
| Tangible fixed assets22/27 | €847 | €170 | - | €350,225 | €354,604 | ▲ 1.3% |
| Land and buildings22 | - | - | - | €350,225 | €344,934 | ▼ 1.5% |
| Furniture and vehicles24 | €847 | €170 | - | - | €7,767 | - |
| Other tangible fixed assets26 | - | - | - | - | €1,903 | - |
| Current assets29/58 | €37,356 | €116,568 | €165,513 | €189,776 | €186,274 | ▼ 1.8% |
| Amounts receivable within one year40/41 | €19,519 | €11,624 | €44,640 | €42,389 | €26,294 | ▼ 38.0% |
| Trade receivables40 | €14,637 | €6,564 | €44,640 | €26,482 | €16,317 | ▼ 38.4% |
| Other amounts receivable41 | €4,881 | €5,060 | - | €15,907 | €9,977 | ▼ 37.3% |
| Current investments50/53 | - | - | - | €35,100 | €35,100 | = |
| Cash at bank and in hand54/58 | €10,114 | €51,427 | €69,883 | €62,259 | €77,215 | ▲ 24.0% |
| Deferred charges and accrued income490/1 | €7,723 | €53,517 | €50,991 | €50,028 | €47,665 | ▼ 4.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €38,203 | €116,737 | €165,513 | €540,001 | €540,878 | ▲ 0.2% |
| Equity10/15 | €27,186 | €84,842 | €138,332 | €138,332 | €138,332 | = |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €26,186 | €83,842 | €137,332 | €137,332 | €137,332 | = |
| Distributable reserves133 | €26,186 | €83,842 | €137,332 | €137,332 | €137,332 | = |
| Amounts payable17/49 | €11,017 | €31,895 | €27,181 | €401,669 | €402,546 | ▲ 0.2% |
| Amounts payable after more than one year17 | - | - | - | €328,570 | €309,103 | ▼ 5.9% |
| Financial debts170/4 | - | - | - | €328,570 | €309,103 | ▼ 5.9% |
| Amounts payable within one year42/48 | €9,004 | €29,895 | €25,181 | €72,616 | €93,443 | ▲ 28.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €18,802 | €19,467 | ▲ 3.5% |
| Trade debts44 | €369 | €1,279 | €69 | €24,317 | €1,677 | ▼ 93.1% |
| Suppliers440/4 | €369 | €1,279 | €69 | €24,317 | €1,677 | ▼ 93.1% |
| Taxes, remuneration and social security45 | €8,602 | €28,576 | €24,425 | €9,722 | €15,066 | ▲ 55.0% |
| Taxes450/3 | €8,602 | €28,576 | €24,425 | €9,722 | €15,066 | ▲ 55.0% |
| Other amounts payable47/48 | €34 | €39 | €688 | €19,775 | €57,233 | ▲ 189% |
| Accrued charges and deferred income492/3 | €2,013 | €2,000 | €2,000 | €483 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,186 | €57,656 | €53,490 | €19,775 | €50,695 | ▲ 156% |
| + Depreciation and write-downs630 | €1,185 | €677 | €170 | €5,087 | €20,260 | ▲ 298% |
| Operating cash flow (approximation) | €27,371 | €58,334 | €53,659 | €24,862 | €70,955 | ▲ 185% |
| Investment in fixed assets (approximation) | - | €0 | - | - | -€24,639 | - |
| Change in cash | - | €41,313 | €18,456 | -€7,624 | €14,956 | ▲ 296% |
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
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €19,775 ▼63%
Net result drops to €19,775, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Equity above €100,000Eq €138,332 ▲63%
3 profitable years in a row build equity to €138,332.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €57,656 ▲120%
Operating result €80,225, net result €57,656, both a record.
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
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, Oudergem · 1 establishment unit since 2020
Ground area
151 m²
Building footprint
65 m²
Volume, LiDAR
579 m³
Parcel 21332D0004/00A004, Brussels · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LCFin
since 20202.308.214.275
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332D0004/00A004 | Brussels | 151 m² | 1 · 65 m² | 11.9 m · 3 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
Legal Entity Identifier
254900VFIWCT9YAO2M27
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 40,876 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
Founded25-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Contact
E-mail
lcarmeille@googlemail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0752918453
Also
9925:BE0752918453
Registered
04-04-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.