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LE LIFTING

Active
Public limited companyfounded 199432 yrs activeRue du Trichon(CAR) 18, 7141 Morlanwelz, BelgiumKBO/BCE: BE 0452.767.888
Summary

The annual accounts of LE LIFTING for fiscal year 2025 show a net loss of 63% of the equity at the start of that year. The 2025 annual accounts show equity of €14,842 and a net result of -€25,624. Equity is shrinking by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 10% of 397 sector peers (fiscal year 2025). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
59 / 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▼-43
Solvency28▼-5
Growth30=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 35.65 against 13.29 in 2024; short-term debt: 2.7% and cash: 45.4% of total assets), but 96.9% of the assets are financed with debt.
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Signals

Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 32 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
3.1%
Return on assets
-5.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€25,624
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 397 sector peers (2025).
NBB · sector comparison
Position among 397 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 filings
Deviation from the deadline
2025
27 d late
2024
28 d late
2023
26 d late
2022
29 d late
2021
11 d early
2020
5 d late
2019
18 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 12 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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. Usually files around 27 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

LE LIFTING was incorporated on 3 June 1994.1 Revenue fell from EUR 76,726 in 2018 to EUR 66,798 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023

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Financials · fiscal year 2025, full schema

Turnover
€66,798▼ 21.8%
2022 · €85,440
EBIT margin
-2.4%▼ 11.2pp
2022 · 8.8%
Net result
-€25,624▲ 54.7%
2024 · -€56,511
Working capital
€447,259▼ 6.2%
2024 · €476,589
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, 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
Turnover€72,070▼ 6.4%€85,440▲ 18.6%€66,798▼ 21.8%
Operating result€8,206▼ 82.6%€7,561▼ 7.9%-€1,593€393,056-€28,545
Net result€1,553within the sector's middle half▼ 95.1%-€5,999below the sector's middle half-€8,799below the sector's middle half▼ 46.7%-€56,511below the sector's middle half▼ 542%-€25,624below the sector's middle half▲ 54.7%
EBIT margin11.4%▼ 49.7pp8.8%▼ 2.5pp-2.4%▼ 11.2pp
Equity€111,774within the sector's middle half▲ 1.4%€105,775within the sector's middle half▼ 5.4%€96,976within the sector's middle half▼ 8.3%€40,465below the sector's middle half▼ 58.3%€14,842below the sector's middle half▼ 63.3%
Total assets€194,316below the sector's middle half▲ 53.0%€198,248below the sector's middle half▲ 2.0%€183,353below the sector's middle half▼ 7.5%€531,285within the sector's middle half▲ 190%€472,749below the sector's middle half▼ 11.0%
Debt€82,542▲ 391%€92,473▲ 12.0%€86,376▼ 6.6%€45,820▼ 47.0%€12,907▼ 71.8%
Working capital€69,822within the sector's middle half▼ 13.2%€77,839within the sector's middle half▲ 11.5%€64,914within the sector's middle half▼ 16.6%€476,589within the sector's middle half▲ 634%€447,259within the sector's middle half▼ 6.2%
Solvency57.5%above the sector's middle half▼ 29.3pp53.4%within the sector's middle half▼ 4.2pp52.9%within the sector's middle half▼ 0.5pp7.6%below the sector's middle half▼ 45.3pp3.1%below the sector's middle half▼ 4.5pp
Current ratio2.45above the sector's middle half▼ 3.342.34above the sector's middle half▼ 0.111.93within the sector's middle half▼ 0.4113.29above the sector's middle half▲ 11.3635.65above the sector's middle half▲ 22.37
Return on assets (ROA)0.8%within the sector's middle half▼ 24.3pp-3.0%below the sector's middle half▼ 3.8pp-4.8%below the sector's middle half▼ 1.8pp-10.6%below the sector's middle half▼ 5.8pp-5.4%below the sector's middle half▲ 5.2pp
above within below the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€200,000€0€200,000€400,000Operating result 2021: €8,206€8,206Net result 2021: €1,553€1,553Operating result 2022: €7,561€7,561Net result 2022: -€5,999-€5,999Operating result 2023: -€1,593-€1,593Net result 2023: -€8,799-€8,799Operating result 2024: €393,056€393,056Net result 2024: -€56,511-€56,511Operating result 2025: -€28,545-€28,545Net result 2025: -€25,624-€25,62420212022202320242025-€200,000€0€200,000€400,000Operating result 2023: -€1,593-€1,590Net result 2023: -€8,799-€8,800Operating result 2024: €393,056€393,000Net result 2024: -€56,511-€56,500Operating result 2025: -€28,545-€28,500Net result 2025: -€25,624-€25,600202320242025
The operating result turns negative in 2025: a loss of €28,545 after €393,056 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €472,749
Fixed assets €12,583 ▼ 20.9%
Current assets €460,166 ▼ 10.7%
Equity and liabilities €472,749
Equity €14,842 ▼ 63.3%
Provisions €445,000 =
Debt €12,907 ▼ 71.8%
Debt's share of the balance-sheet total falls from 8.6% to 2.7%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€16,241▼
2024 · €433,003
Cash flow
-€13,319▲
2024 · -€16,564
Quick ratio
35.57▲
2024 · 13.26
Debt to equity
0.87▼
2024 · 1.13
ROE
-172.6%▼
2024 · -139.7%
Interest coverage
-43.74▼
2024 · 267.86
Debt ≤ 1 year
€12,907▼
2024 · €38,790
Income taxes
€292▼
2024 · €2,950
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,104 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency under 10%
  • a small loss
1.5% went bankrupt
3.5% stopped otherwise
94% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 1,104 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€531,285€472,749▼
Fixed assets21/28€15,906€12,583▼
Tangible fixed assets22/27€15,906€12,583▼
Plant, machinery and equipment23-€8,443
Furniture and vehicles24€15,906€4,140▼
Current assets29/58€515,380€460,166▼
Stocks and contracts in progress3€1,118€1,118=
Stocks30/36€1,118€1,118=
Amounts receivable within one year40/41€137,008€178,615▲
Trade receivables40€8,278-
Other amounts receivable41€128,730€178,615▲
Cash at bank and in hand54/58€375,288€214,851▼
Deferred charges and accrued income490/1€1,965€65,582▲
Equity and liabilities
Total equity and liabilities10/49€531,285€472,749▼
Equity10/15€40,465€14,842▼
Contributions10/11€61,973€61,973=
Capital10€61,973€61,973=
Issued capital100€61,973€61,973=
Reserves13€3,480€3,480=
Non-distributable reserves130/1€3,480€3,480=
Legal reserve130€3,480€3,480=
Profit (loss) carried forward14-€24,988-€50,611▼
Provisions and deferred taxes16€445,000€445,000=
Deferred taxes168€445,000€445,000=
Amounts payable17/49€45,820€12,907▼
Amounts payable after more than one year17€7,030-
Financial debts170/4€7,030-
Amounts payable within one year42/48€38,790€12,907▼
Current portion of amounts payable after more than one year42€9,261-
Trade debts44€1,045€1,548▲
Suppliers440/4€1,045€1,548▲
Taxes, remuneration and social security45€11,272€11,359▲
Taxes450/3€11,272€11,359▲
Other amounts payable47/48€17,213-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39,947€12,305▼
Other operating charges640/8€5,995€1,404▼
Gross operating margin9900€438,998-€14,837▼
Operating profit (loss)9901€393,056-€28,545▼
Financial income75/76B-€3,585
Recurring financial income75-€3,585
Financial charges65/66B€1,617€371▼
Recurring financial charges65€1,617€371▼
Profit (loss) for the period before taxes9903€391,439-€25,332▼
Transfer to deferred taxes680€445,000-
Income taxes67/77€2,950€292▼
Profit (loss) for the period9904-€56,511-€25,624▲
Profit (loss) for the period to be appropriated9905-€56,511-€25,624▲
Appropriation of the result
Profit (loss) to be appropriated9906-€24,988-€50,611▼
Profit (loss) brought forward from the previous period14P€31,523-€24,988▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€72,070€85,440€66,798---
Goods, raw materials, services and sundry goods60/61€47,739€62,413€70,079---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,266€9,266€9,266€39,947€12,305▼ 69.2%
Other operating charges640/8€6,520€2,428€4,296€5,995€1,404▼ 76.6%
Non-recurring operating charges66A€2,781€3,772----
Gross operating margin9900€26,773€23,027€11,969€438,998-€14,837▼ 103%
Operating profit (loss)9901€8,206€7,561-€1,593€393,056-€28,545▼ 107%
Financial income75/76B----€3,585-
Recurring financial income75----€3,585-
Financial charges65/66B€1,444€3,213€3,164€1,617€371▼ 77.0%
Recurring financial charges65€1,444€3,213€3,164€1,617€371▼ 77.0%
Profit (loss) for the period before taxes9903€6,762€4,349-€4,757€391,439-€25,332▼ 106%
Transfer to deferred taxes680---€445,000--
Income taxes67/77€5,209€10,348€4,042€2,950€292▼ 90.1%
Profit (loss) for the period9904€1,553-€5,999-€8,799-€56,511-€25,624▲ 54.7%
Profit (loss) for the period to be appropriated9905€1,553-€5,999-€8,799-€56,511-€25,624▲ 54.7%
Line20212022202320242025Change
Assets
Total assets20/58€194,316€198,248€183,353€531,285€472,749▼ 11.0%
Fixed assets21/28€76,385€62,369€48,353€15,906€12,583▼ 20.9%
Intangible fixed assets21€4,806€4,806€4,806---
Tangible fixed assets22/27€71,579€57,564€43,547€15,906€12,583▼ 20.9%
Land and buildings22€24,789€24,789€24,789---
Plant, machinery and equipment23----€8,443-
Furniture and vehicles24€46,790€32,774€18,758€15,906€4,140▼ 74.0%
Current assets29/58€117,932€135,879€135,000€515,380€460,166▼ 10.7%
Stocks and contracts in progress3€1,118€1,118€1,118€1,118€1,118=
Stocks30/36€1,118€1,118€1,118€1,118€1,118=
Amounts receivable within one year40/41€112,639€132,795€131,916€137,008€178,615▲ 30.4%
Trade receivables40€8,416€9,336€7,028€8,278--
Other amounts receivable41€104,223€123,459€124,888€128,730€178,615▲ 38.8%
Cash at bank and in hand54/58€1,109--€375,288€214,851▼ 42.8%
Deferred charges and accrued income490/1€3,065€1,965€1,965€1,965€65,582▲ 3,237%
Equity and liabilities
Total equity and liabilities10/49€194,316€198,248€183,353€531,285€472,749▼ 11.0%
Equity10/15€111,774€105,775€96,976€40,465€14,842▼ 63.3%
Contributions10/11€61,973€61,973€61,973€61,973€61,973=
Capital10€61,973€61,973€61,973€61,973€61,973=
Issued capital100€61,973€61,973€61,973€61,973€61,973=
Reserves13€3,480€3,480€3,480€3,480€3,480=
Non-distributable reserves130/1€3,480€3,480€3,480€3,480€3,480=
Legal reserve130€3,480€3,480€3,480€3,480€3,480=
Profit (loss) carried forward14€46,321€40,322€31,523-€24,988-€50,611▼ 103%
Provisions and deferred taxes16---€445,000€445,000=
Deferred taxes168---€445,000€445,000=
Amounts payable17/49€82,542€92,473€86,376€45,820€12,907▼ 71.8%
Amounts payable after more than one year17€34,433€34,433€16,291€7,030--
Financial debts170/4€34,433€34,433€16,291€7,030--
Amounts payable within one year42/48€48,109€58,040€70,086€38,790€12,907▼ 66.7%
Current portion of amounts payable after more than one year42€8,885-€9,134€9,261--
Financial debts43€24,787€24,824€24,312---
Credit institutions430/8€24,787€24,824€24,312---
Trade debts44€2,548€2,894€1,838€1,045€1,548▲ 48.2%
Suppliers440/4€2,548€2,894€1,838€1,045€1,548▲ 48.2%
Taxes, remuneration and social security45€11,889€19,463€17,149€11,272€11,359▲ 0.8%
Taxes450/3€11,889€17,813€12,199€11,272€11,359▲ 0.8%
Remuneration and social security454/9-€1,650€4,950---
Other amounts payable47/48-€10,859€17,653€17,213--
Line20212022202320242025Change
Profit (loss) for the period9904€1,553-€5,999-€8,799-€56,511-€25,624▲ 54.7%
+ Depreciation and write-downs630€9,266€9,266€9,266€39,947€12,305▼ 69.2%
Operating cash flow (approximation)€10,819€3,267€467-€16,564-€13,319▲ 19.6%
Investment in fixed assets (approximation)-€4,750€4,751-€7,500-€8,982▼ 19.8%
Change in cash-----€160,438-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
31-12
Financial Liquidity triplescurrent ratio 35.65
Current ratio from 13.29 to 35.65; short-term debt falls from €38,790 to €12,907.
28-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
31-12
Financial Weakest financial yearnet -€56,511
Net result drops to -€56,511, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity times 7current ratio 13.29
Current ratio from 1.93 to 13.29; short-term debt falls from €70,086 to €38,790.
26-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 26 days late
2023
29-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
20-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
05-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 5 days late
2020
31-12
Financial Liquidity triplescurrent ratio 5.79
Current ratio from 2.06 to 5.79; short-term debt falls from €45,358 to €16,797.
31-12
Financial Equity above €100,000Eq €110,221 ▲40.6%
3 profitable years in a row build equity to €110,221.
13-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
31-12
Financial Highest result since 2018net €37,183 ▲42.7%
Net result €37,183, the highest in the series.
22-10
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 83 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
16-10
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 77 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 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
8 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, Morlanwelz · 1 establishment unit since 1994
seat establishment approximate The establishment unit on the map
Ground area
1,137 m²
Building footprint
266 m²
Volume, LiDAR
1,958 m³
2 parcels, Wallonia · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Route de Charleroi(EP) 122, 7134 Binche
Water transport
since 19942.067.985.164
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
56015A0704/00S000 Wallonia 897 m² 1 · 136 m² 11.0 m · 3 fl.
56043C0002/00Z000indicative Wallonia 240 m² 1 · 130 m² 9.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 2 parcels 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

Of 7,378 companies in sector 95311 we hold annual accounts for 2,962. 1,430 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded03-06-1994
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID 0208:0452767888
Registered 10-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.