LCGS

Active

Private limited companyfounded 20241 yr activeAvenue Léopold II 37, 4900 Spa, BelgiumKBO/BCE: BE 1014.851.513

LCGS has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55k and a net result of €35k. Its solvency ranks better than 76% of 9183 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Watch Print / PDF

Checked score

Score 2025

78 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes

Profitability50

Solvency91

Growth-

Track record67

Bankruptcy probability, 12 months

0.5% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €4k at 30 days acceptable

Liquidity ample (current ratio 2.97; short-term debt: 33.7% and cash: 99% of total assets), and 33.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 68

Relative position

BE, all sectors

reference

Sector 68

lower

← fewer bankruptcies more bankruptcies →

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

66.3%

Return on assets

42%

Age of the figures

9 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filing

Deviation from the deadline

2025

31 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€55k

Total assets

€82k

Net result

€35k

Working capital

€55k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition

Equity and liabilities €82k

66.3%

33.7%

Equity €55k

Debt €28k

Debt finances 33.7% of the balance-sheet total.

Key figures and ratios

2025 value

EBITDA

€-51k

Cash flow

€36k

Solvency

66.3%

Current ratio

2.97

Quick ratio

2.97

Debt / equity

0.51

ROE

63.3%

ROA

42.0%

Interest coverage

-11.48

Debt

€28k

Debt ≤ 1 year

€28k

Income taxes

€13k

Filed annual accounts

As filed with the NBB · 2025

Balance sheet Code2025

Assets

Total assets20/58€82k

Formation expenses20€0

Current assets29/58€82k

Amounts receivable within one year40/41€861

Trade receivables40€861

Cash at bank and in hand54/58€81k

Equity and liabilities

Total equity and liabilities10/49€82k

Equity10/15€55k

Contributions10/11€20k

Reserves13€35k

Distributable reserves133€35k

Amounts payable17/49€28k

Amounts payable within one year42/48€28k

Taxes, remuneration and social security45€13k

Taxes450/3€13k

Other amounts payable47/48€15k

Income statement Code2025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k

Other operating charges640/8€2k

Gross operating margin9900€-49k

Operating profit (loss)9901€-52k

Financial income75/76B€104k

Recurring financial income75€104k

Non-recurring financial income76B€104k

Financial charges65/66B€4k

Recurring financial charges65€4k

Profit (loss) for the period before taxes9903€47k

Income taxes67/77€13k

Profit (loss) for the period9904€35k

Profit (loss) for the period to be appropriated9905€35k

Appropriation of the result

Profit (loss) to be appropriated9906€35k

Transfer to equity691/2€35k

To other reserves6921€35k

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 1Filings 1

2026

31-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 31 days late

NBB filing

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, Spa · 1 establishment unit since 2024

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Avenue Léopold II 374900 Spa

Ground area

7,546 m²

Building footprint

530 m²

Volume, LiDAR

2,620 m³

2 parcels, Wallonia · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

LCGS

Allée des Bouleaux(GOM) 47, 4140 SprimontRenting and operating of own or leased residential real estate, excluding social housing

since 20242.364.987.484

2 parcels

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
63072H0003/00N008	Wallonia	5,156 m²	1 · 172 m²	11.6 m · 3 fl.
62045A0117/00Y000	Wallonia	2,390 m²	1 · 357 m²	5.7 m · 1 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Structure & network

Connections & network

1 connected company

Network connections

PMF Immo

Shared address

→

Similar companies · same sector, comparable size

BELCOAST HOLIDAY HOMES

BE 1005.703.621

Middelkerke · Eq €55k

Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 3,462 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded09-10-2024

Fiscal year end31-12

Activities, NACEBEL

68201Renting and operating of own or leased residential real estate, excluding social housing

68121Development of residential building projects

68122Development of non-residential building projects

55203Holiday cottages, homes and apartments

68203Renting and operating of own or leased non-residential real estate, excluding land

68204Real estate activities

Sources

Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.