LCS
ActiveSummary
LCS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €172k and a net result of €-30k. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 44% of 3489 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability59▼-16
Solvency69=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 1.64 against 1.6 in 2024; short-term debt: 54.5% and cash: 14.4% of total assets), but 55.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 8 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
61 d late
2022
304 d late
2021
565 d late
2020
33 d late
2019
66 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, micro schema
Turnover
€687k
EBIT margin
42.5%
Net result
€-30k
2024 · €22k
2018: €22k
2019: €231k▲ +950% vs 2018highest in 8 years
2020: €31k▼ -86.6% vs 2019
2021: €34k▲ +8.2% vs 2020
2022: €-11k▼ -133% vs 2021
2023: €7k▲ +163% vs 2022
2024: €22k▲ +219% vs 2023
2025: €-30k▼ -234% vs 2024lowest in 8 years
2018 → 2025
Working capital
€135k▼ 0.8%
2024 · €136k
2018: €17klowest in 8 years
2019: €114k▲ +561% vs 2018
2020: €137k▲ +20.7% vs 2019
2021: €162k▲ +18.2% vs 2020highest in 8 years
2022: €160k▼ -1.5% vs 2021
2023: €129k▼ -19.4% vs 2022
2024: €136k▲ +5.8% vs 2023
2025: €135k▼ -0.8% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€211k-€200k▼ 5.2%€179k▼ 10.3%€201k▲ 12.3%€172k▼ 14.7%
2021: €211khighest in 5 years
2022: €200k▼ -5.2% vs 2021
2023: €179k▼ -10.3% vs 2022
2024: €201k▲ +12.3% vs 2023
2025: €172k▼ -14.7% vs 2024lowest in 5 years
Operating result€48k-€2k▼ 94.9%€17k▲ 577%€37k▲ 125%€13k▼ 64.1%
2021: €48khighest in 5 years
2022: €2k▼ -94.9% vs 2021lowest in 5 years
2023: €17k▲ +577% vs 2022
2024: €37k▲ +125% vs 2023
2025: €13k▼ -64.1% vs 2024
Net result€34k-€-11k€7k€22k▲ 219%€-30k
2021: €34khighest in 5 years
2022: €-11k▼ -133% vs 2021
2023: €7k▲ +163% vs 2022
2024: €22k▲ +219% vs 2023
2025: €-30k▼ -234% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 64% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €386k
Fixed assets
€41k ▼ 58.7%
Current assets
€346k ▼ 4.9%
Equity and liabilities €386k
Equity
€172k ▼ 14.7%
Debt
€215k ▼ 17.7%
Debt's share of the balance-sheet total falls from 56.4% to 55.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€33k▼
2024 · €62k
Cash flow
€-10k▼
2024 · €47k
Current ratio
1.64▲
2024 · 1.60
Debt to equity
1.25▼
2024 · 1.30
ROE
-17.2%▼
2024 · 11.0%
ROA
-7.7%▼
2024 · 4.8%
Interest coverage
7.84▼
2024 · 13.03
Debt ≤ 1 year
€211k▼
2024 · €227k
Debt > 1 year
€3k▼
2024 · €32k
Income taxes
€39k▲
2024 · €11k
Staff costs
€-97▼
2024 · €5k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€462k€386k▼
Fixed assets21/28€99k€41k▼
Intangible fixed assets21€129€0▼
Tangible fixed assets22/27€98k€41k▼
Plant, machinery and equipment23€34k€29k▼
Furniture and vehicles24€64k€12k▼
Current assets29/58€363k€346k▼
Amounts receivable within one year40/41€297k€284k▼
Trade receivables40€291k€280k▼
Other amounts receivable41€6k€4k▼
Cash at bank and in hand54/58€60k€56k▼
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€462k€386k▼
Equity10/15€201k€172k▼
Contributions10/11€12k€12k=
Reserves13€167k€167k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€167k€167k=
Profit (loss) carried forward14€22k€-7k▼
Amounts payable17/49€261k€215k▼
Amounts payable after more than one year17€32k€3k▼
Financial debts170/4€32k€3k▼
Amounts payable within one year42/48€227k€211k▼
Current portion of amounts payable after more than one year42€13k€6k▼
Trade debts44€163k€132k▼
Suppliers440/4€163k€132k▼
Taxes, remuneration and social security45€31k€56k▲
Taxes450/3€30k€56k▲
Remuneration and social security454/9€344€0▼
Other amounts payable47/48€21k€16k▼
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Remuneration, social security and pensions62€5k€-97▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€19k▼
Other operating charges640/8€1k€14k▲
Non-recurring operating charges66A-€6k
Gross operating margin9900€68k€53k▼
Operating profit (loss)9901€37k€13k▼
Financial income75/76B€1k€59▼
Recurring financial income75€1k€59▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€34k€9k▼
Income taxes67/77€11k€39k▲
Profit (loss) for the period9904€22k€-30k▼
Transfer from tax-exempt reserves789€0-
Profit (loss) for the period to be appropriated9905€22k€-30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€-7k▼
Profit (loss) brought forward from the previous period14P€0€22k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (11 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €8k | €0 | - | - | - |
| Remuneration, social security and pensions62 | €52k | €-821 | €2k | €5k | €-97 | ▼ 102% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €19k | €24k | €25k | €19k | ▼ 21.7% |
| Other operating charges640/8 | €42k | €4k | €4k | €1k | €14k | ▲ 1,022% |
| Non-recurring operating charges66A | - | €6k | €0 | - | €6k | - |
| Gross operating margin9900 | €162k | €32k | €47k | €68k | €53k | ▼ 22.6% |
| Operating profit (loss)9901 | €48k | €2k | €17k | €37k | €13k | ▼ 64.1% |
| Financial income75/76B | €454 | €23 | €229 | €1k | €59 | ▼ 94.5% |
| Recurring financial income75 | €454 | €23 | €229 | €1k | €59 | ▼ 94.5% |
| Financial charges65/66B | €1k | €1k | €3k | €5k | €4k | ▼ 12.3% |
| Recurring financial charges65 | €1k | €1k | €3k | €5k | €4k | ▼ 12.3% |
| Profit (loss) for the period before taxes9903 | €47k | €1k | €14k | €34k | €9k | ▼ 72.4% |
| Income taxes67/77 | €13k | €12k | €7k | €11k | €39k | ▲ 240% |
| Profit (loss) for the period9904 | €34k | €-11k | €7k | €22k | €-30k | ▼ 234% |
| Transfer from tax-exempt reserves789 | - | - | €3k | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €34k | €-11k | €10k | €22k | €-30k | ▼ 234% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €432k | €396k | €477k | €462k | €386k | ▼ 16.4% |
| Fixed assets21/28 | €60k | €43k | €67k | €99k | €41k | ▼ 58.7% |
| Intangible fixed assets21 | €909 | €649 | €389 | €129 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €59k | €43k | €67k | €98k | €41k | ▼ 58.7% |
| Plant, machinery and equipment23 | €17k | €12k | €30k | €34k | €29k | ▼ 17.2% |
| Furniture and vehicles24 | €41k | €31k | €37k | €64k | €12k | ▼ 81.0% |
| Current assets29/58 | €372k | €353k | €410k | €363k | €346k | ▼ 4.9% |
| Amounts receivable within one year40/41 | €294k | €278k | €318k | €297k | €284k | ▼ 4.5% |
| Trade receivables40 | €275k | €278k | €292k | €291k | €280k | ▼ 3.8% |
| Other amounts receivable41 | €19k | €0 | €27k | €6k | €4k | ▼ 39.0% |
| Cash at bank and in hand54/58 | €78k | €71k | €87k | €60k | €56k | ▼ 7.6% |
| Deferred charges and accrued income490/1 | €0 | €4k | €4k | €6k | €6k | ▲ 4.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €432k | €396k | €477k | €462k | €386k | ▼ 16.4% |
| Equity10/15 | €211k | €200k | €179k | €201k | €172k | ▼ 14.7% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €170k | €170k | €167k | €167k | €167k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €0 | - | - |
| Tax-exempt reserves132 | €3k | €3k | €0 | - | - | - |
| Distributable reserves133 | €165k | €165k | €165k | €167k | €167k | = |
| Profit (loss) carried forward14 | €29k | €17k | €0 | €22k | €-7k | ▼ 134% |
| Amounts payable17/49 | €221k | €197k | €298k | €261k | €215k | ▼ 17.7% |
| Amounts payable after more than one year17 | €11k | €3k | €13k | €32k | €3k | ▼ 91.3% |
| Financial debts170/4 | €11k | €3k | €13k | €32k | €3k | ▼ 91.3% |
| Amounts payable within one year42/48 | €210k | €193k | €281k | €227k | €211k | ▼ 7.3% |
| Current portion of amounts payable after more than one year42 | €8k | €8k | €8k | €13k | €6k | ▼ 50.4% |
| Trade debts44 | €133k | €129k | €173k | €163k | €132k | ▼ 18.9% |
| Suppliers440/4 | €133k | €129k | €173k | €163k | €132k | ▼ 18.9% |
| Taxes, remuneration and social security45 | €61k | €38k | €46k | €31k | €56k | ▲ 82.6% |
| Taxes450/3 | €56k | €38k | €45k | €30k | €56k | ▲ 84.7% |
| Remuneration and social security454/9 | €5k | €0 | €405 | €344 | €0 | ▼ 100% |
| Other amounts payable47/48 | €8k | €18k | €55k | €21k | €16k | ▼ 22.1% |
| Accrued charges and deferred income492/3 | - | - | €4k | €2k | €1k | ▼ 31.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34k | €-11k | €7k | €22k | €-30k | ▼ 234% |
| + Depreciation and write-downs630 | €20k | €19k | €24k | €25k | €19k | ▼ 21.7% |
| Operating cash flow (approximation) | €53k | €8k | €31k | €47k | €-10k | ▼ 122% |
| Investment in fixed assets (approximation) | - | €-3k | €-48k | €-56k | €39k | ▲ 169% |
| Change in cash | - | €-6k | €16k | €-27k | €-5k | ▲ 82.9% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Equity above €200kEq €201k ▲12.3%
2 profitable years in a row build equity to €201k.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 304 days late
16-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 565 days late
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
2021
31-12
Financial
Equity above €200kEq €211k ▲19%
4 profitable years in a row build equity to €211k.
02-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 33 days late
2020
31-12
Financial
Equity above €150kEq €177k ▲21.3%
3 profitable years in a row build equity to €177k.
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
Show earlier events
2019
31-12
Financial
Highest result since 2018net €231k ▲950%
Operating result €292k, net result €231k, both a record.
31-12
Financial
Equity above €100kEq €146k ▲324%
2 profitable years in a row build equity to €146k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Aalter · 1 establishment unit since 2017
Ground area
760 m²
Building footprint
196 m²
Volume, LiDAR
1,086 m³
Parcel 44029A0923/00F000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LCS
since 20172.268.782.389
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44029A0923/00F000 | Flanders | 760 m² | 1 · 195 m² | 7.9 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.
Similar companies · same sector, comparable size
PQ-CONSULT
BE 0705.956.793
Roeselare · Eq €171,258
TSS
BE 0809.317.421
Brasschaat · Eq €171,232
IMMO WAY
BE 0849.215.501
Les Bons Villers · Eq €171,226
BIOT MANAGEMENT
BE 0843.237.529
Mouscron · Eq €172,062
DIAC BELGIË
BE 0825.899.768
Maasmechelen · Eq €172,169
Of 4,564 companies in sector 74999 we hold annual accounts for 1,936. 1,517 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
Founded14-09-2017
Fiscal year end31-12
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
81100Combined facilities support activities
Contact
Phone
0496/03.10.03Aalter
Scores and ratios are computed by Checked and are not a credit decision.