LcqA
ActiveThe file of LcqA contains 2 judicial reorganisations, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 9.4% (elevated). The 2025 annual accounts show equity of €85k and a net result of €27k. Equity is growing by ~46.7% per year across the filed fiscal years. Its solvency ranks better than 23% of 7311 sector peers (fiscal year 2025).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency11▲+4
Growth52=
Stability60
Bankruptcy probability, 12 months
9.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity short (current ratio 0.42 against 0.11 in 2024), and 83.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
16.6%
Return on assets
5.4%
Age of the figures
11 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 7311 sector peers (2025).
NBB · sector comparisonPosition among 7311 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-04-2026, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
6 d early
2024
6 d early
2023
on the day
2022
2 d early
2021
24 d late
2020
31 d late
2019
74 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€85k▲ 48.0%
2024 · €57k
2018: €-44k
2019: €-74k
2020: €-30k
2021: €-22k
2022: €-828
2023: €60k
2024: €57k
2018 → 2025
Total assets
€510k▼ 2.0%
2024 · €520k
2018: €707k
2019: €683k
2020: €676k
2021: €586k
2022: €586k
2023: €556k
2024: €520k
2018 → 2025
Net result
€27k
2024 · €-3k
2018: €80k
2019: €-30k
2020: €45k
2021: €7k
2022: €22k
2023: €61k
2024: €-3k
2018 → 2025
Working capital
€-69k▲ 40.8%
2024 · €-117k
2018: €-36k
2019: €-108k
2020: €-91k
2021: €-112k
2022: €-106k
2023: €-102k
2024: €-117k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-22k-€-828▲ 96.3%€60k€57k▼ 4.8%€85k▲ 48.0%
Operating result€28k-€49k▲ 75.1%€76k▲ 53.6%€10k▼ 87.0%€38k▲ 291%
Net result€7k-€22k▲ 204%€61k▲ 182%€-3k€27k
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 291% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €510k
Fixed assets
€460k▼ 9.1%
Current assets
€50k▲ 240%
Equity and liabilities €510k
Equity
€85k▲ 48.0%
Debt
€426k▼ 8.1%
The debt ratio falls from 89.0% to 83.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€85k▲
2024 · €62k
Cash flow
€74k▲
2024 · €49k
Solvency
16.6%▲
2024 · 11.0%
Current ratio
0.42▲
2024 · 0.11
Quick ratio
0.42▲
2024 · 0.11
Debt / equity
5.03▼
2024 · 8.11
ROE
32.4%▲
2024 · -5.1%
ROA
5.4%▲
2024 · -0.6%
Interest coverage
7.81▲
2024 · 3.61
Debt
€426k▼
2024 · €463k
Debt ≤ 1 year
€120k▼
2024 · €132k
Debt > 1 year
€290k▼
2024 · €322k
Income taxes
€48▲
2024 · €25
Staff costs
€18k▼
2024 · €46k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€520k€510k▼
Fixed assets21/28€505k€460k▼
Tangible fixed assets22/27€505k€459k▼
Land and buildings22€432k€414k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€46k€30k▼
Other tangible fixed assets26€24k€13k▼
Financial fixed assets28€349€349=
Current assets29/58€15k€50k▲
Amounts receivable within one year40/41€15k€49k▲
Trade receivables40€14k€49k▲
Other amounts receivable41€561€276▼
Cash at bank and in hand54/58€17€591▲
Deferred charges and accrued income490/1€77€555▲
Equity and liabilities
Total equity and liabilities10/49€520k€510k▼
Equity10/15€57k€85k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€39k€66k▲
Amounts payable17/49€463k€426k▼
Amounts payable after more than one year17€322k€290k▼
Financial debts170/4€322k€290k▼
Amounts payable within one year42/48€132k€120k▼
Current portion of amounts payable after more than one year42€61k€45k▼
Trade debts44€52k€42k▼
Suppliers440/4€52k€42k▼
Taxes, remuneration and social security45€12k€9k▼
Taxes450/3€972€1k▲
Remuneration and social security454/9€11k€8k▼
Other amounts payable47/48€7k€24k▲
Accrued charges and deferred income492/3€9k€16k▲
Income statement
Code20242025
Non-recurring operating income76A€7k-
Remuneration, social security and pensions62€46k€18k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€46k▼
Other operating charges640/8€7k€8k▲
Gross operating margin9900€115k€110k▼
Operating profit (loss)9901€10k€38k▲
Financial income75/76B€4k-
Recurring financial income75€4k-
Financial charges65/66B€17k€11k▼
Recurring financial charges65€17k€11k▼
Profit (loss) for the period before taxes9903€-3k€27k▲
Income taxes67/77€25€48▲
Profit (loss) for the period9904€-3k€27k▲
Profit (loss) for the period to be appropriated9905€-3k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€39k€66k▲
Profit (loss) brought forward from the previous period14P€41k€39k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
24-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-09
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 74 days late
2019
30-09
Financial
Weakest financial yearnet €-30k ▼138%
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 62 days late
2018
28-08
Judicial reorganisation
Plan homologation
Tribunal de commerce du Hainaut · 20180010 · event 21-08-2018
16-05
Judicial reorganisation
Opening
Tribunal de commerce du Hainaut · collectif · event 07-05-2018
04-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Enghien · 1 establishment unit since 2013
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.
Handelslaan(P.E) 137850 EnghienGround area
2,689 m²
Building footprint
772 m²
Volume, LiDAR
5,001 m³
Parcel 55033D0020/00X000, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Handelslaan(P.E) 13, 7850 Enghien
since 20132.226.802.571
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55033D0020/00X000 | Wallonia | 2,689 m² | 1 · 772 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
GEBR. K&S VAN DEN BUYS
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BE 0756.647.015
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ALBASS
BE 0782.372.504
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PASCAL VERSTRAETE
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GO FAST WORK
BE 0793.436.145
Herve · Eq €84k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 13,032 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-12-2013
Fiscal year end30-09
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:lcqa.ets@gmail.com
Phone:0475/687832