LEBG
ActiveThe computed 12-month bankruptcy probability of LEBG is 1.8% (moderate). The 2024 annual accounts show equity of €2k and a net result of €13k. Equity is shrinking by ~23.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 24% of 26056 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency7▼-33
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.76 against 0.8 in 2023), and 98.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
1.4%
Return on assets
7.8%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 26056 sector peers (2024).
NBB · sector comparisonPosition among 26056 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
69 d late
2022
30 d late
2021
29 d late
2020
30 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€2k
2023 · €-10k
2018: €15k
2019: €33k
2020: €22k
2021: €20k
2022: €35k
2023: €-10k
2018 → 2024
Total assets
€166k▼ 40.3%
2023 · €279k
2018: €163k
2019: €205k
2020: €256k
2021: €297k
2022: €303k
2023: €279k
2018 → 2024
Net result
€13k
2023 · €-44k
2018: €-3k
2019: €18k
2020: €-12k
2021: €-1k
2022: €11k
2023: €-44k
2018 → 2024
Working capital
€-36k▲ 29.2%
2023 · €-51k
2018: €29k
2019: €7k
2020: €-9k
2021: €-19k
2022: €-8k
2023: €-51k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€22k-€20k▼ 6.3%€35k▲ 74.2%€-10k€2k
Operating result€-7k-€4k€19k▲ 345%€-33k€27k
Net result€-12k-€-1k▲ 88.2%€11k€-44k€13k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €27k after a loss of €33k in 2023, the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €166k
Fixed assets
€53k▼ 34.9%
Current assets
€114k▼ 42.6%
Equity and liabilities €166k
Equity
€2k
Provisions
€718
Debt
€163k
Debt finances 98.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€55k▲
2023 · €-3k
Cash flow
€41k▲
2023 · €-14k
Solvency
1.4%▲
2023 · -3.4%
Current ratio
0.76▼
2023 · 0.80
Quick ratio
0.26▼
2023 · 0.45
Debt / equity
68.83▲
2023 · -30.21
ROE
546.3%▲
2023 · 461.6%
ROA
7.8%▲
2023 · -15.7%
Interest coverage
4.56▲
2023 · -0.20
Debt
€163k▼
2023 · €288k
Debt ≤ 1 year
€150k▼
2023 · €249k
Debt > 1 year
€14k▼
2023 · €39k
Income taxes
€6k▲
2023 · €1k
Staff costs
€110k▲
2023 · €102k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€279k€166k▼
Fixed assets21/28€81k€53k▼
Intangible fixed assets21€800€547▼
Tangible fixed assets22/27€80k€52k▼
Plant, machinery and equipment23€46k€31k▼
Furniture and vehicles24€22k€12k▼
Other tangible fixed assets26€12k€9k▼
Financial fixed assets28€300€300=
Current assets29/58€198k€114k▼
Stocks and contracts in progress3€85k€76k▼
Stocks30/36€85k€76k▼
Amounts receivable within one year40/41€87k€33k▼
Trade receivables40€87k€32k▼
Other amounts receivable41€419€250▼
Cash at bank and in hand54/58€25k€4k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€279k€166k▼
Equity10/15€-10k€2k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-31k€-18k▲
Investment grants15€3k€2k▼
Provisions and deferred taxes16€1k€718▼
Deferred taxes168€1k€718▼
Amounts payable17/49€288k€163k▼
Amounts payable after more than one year17€39k€14k▼
Financial debts170/4€39k€14k▼
Amounts payable within one year42/48€249k€150k▼
Current portion of amounts payable after more than one year42€27k€25k▼
Trade debts44€92k€58k▼
Suppliers440/4€92k€58k▼
Taxes, remuneration and social security45€29k€37k▲
Taxes450/3€16k€30k▲
Remuneration and social security454/9€13k€8k▼
Other amounts payable47/48€101k€30k▼
Income statement
Code20232024
Remuneration, social security and pensions62€102k€110k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€28k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€6k€12k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€108k€179k▲
Operating profit (loss)9901€-33k€27k▲
Financial income75/76B€5k€4k▼
Recurring financial income75€5k€4k▼
Financial charges65/66B€15k€12k▼
Recurring financial charges65€15k€12k▼
Profit (loss) for the period before taxes9903€-43k€18k▲
Transfer from deferred taxes780€359€359=
Income taxes67/77€1k€6k▲
Profit (loss) for the period9904€-44k€13k▲
Profit (loss) for the period to be appropriated9905€-44k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-31k€-18k▲
Profit (loss) brought forward from the previous period14P€13k€-31k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
31-12
Financial
Weakest financial yearnet €-44k ▼507%
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Elsene · 1 establishment unit since 2017
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.
Edelknaapstraat 321050 ElseneGround area
72 m²
Building footprint
72 m²
Volume, LiDAR
913 m³
Parcel 21447B0296/00W004, Brussels · tallest building 16.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Arts de Vue
since 20172.262.177.283
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0296/00W004 | Brussels | 72 m² | 1 · 72 m² | 16.9 m · 5 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.
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NOTHOPTIC
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Of 1,725 companies in sector 47742 we hold annual accounts for 1,136. 185 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-03-2017
Fiscal year end31-12
Activities, NACEBEL
47742Retail sale of prescription glasses, lenses and sunglasses
47782Retail trade
32500Manufacture of medical and dental instruments and supplies
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.