Led Point
ActiveSummary
Led Point has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€48,318) and a net result of €218,465. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 28184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency17▲+17
Growth60▲+14
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.93 against 0.73 in 2024; short-term debt: 107.9% and cash: 6.8% of total assets), and equity is negative.
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Signals
Seven 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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 2025Solvency, return and age of the figures
Solvency
-7.9%
Return on assets
35.8%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 28184 sector peers (2025).
NBB · sector comparisonPosition among 28184 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 19-12-2025, 49 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
49 d late
2024
6 d early
2023
8 d early
2022
7 d early
2021
4 d late
2020
19 d late
2019
9 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 6 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€1.3m▼ 2.9%
2023 · €1.3m
EBIT margin
24.6%▲ 17.5pp
2023 · 7.1%
Net result
€218,465▼ 29.0%
2024 · €307,796
Working capital
-€48,200▲ 82.3%
2024 · -€272,565
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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€1.3m€1.3m▼ 2.9%
Operating result-€160,977▲ 11.7%-€49,375▲ 69.3%€95,138€321,528▲ 238%€221,986▼ 31.0%
Net result-€178,162below the sector's middle half▲ 5.4%-€64,471below the sector's middle half▲ 63.8%€78,589€307,796▲ 292%€218,465above the sector's middle half▼ 29.0%
EBIT margin7.1%24.6%▲ 17.5pp
Equity-€588,697below the sector's middle half▼ 43.4%-€653,168below the sector's middle half▼ 11.0%-€574,579▲ 12.0%-€266,783▲ 53.6%-€48,318below the sector's middle half▲ 81.9%
Total assets€469,309within the sector's middle half▲ 2.5%€642,102within the sector's middle half▲ 36.8%€930,890▲ 45.0%€761,185▼ 18.2%€610,304above the sector's middle half▼ 19.8%
Debt€1.1m▲ 21.8%€1.3m▲ 22.4%€1.5m▲ 16.2%€1.0m▼ 31.7%€658,622▼ 35.9%
Working capital-€590,963▼ 42.9%-€614,708▼ 4.0%-€580,878▲ 5.5%-€272,565▲ 53.1%-€48,200▲ 82.3%
Solvency-125.4%below the sector's middle half▼ 35.8pp-101.7%below the sector's middle half▲ 23.7pp-61.7%▲ 40.0pp-35.0%▲ 26.7pp-7.9%below the sector's middle half▲ 27.1pp
Staff (FTE)5.8within the sector's middle half▲ 5.5%9.7within the sector's middle half▲ 67.2%8.5▼ 12.4%8.4▼ 1.2%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 31% below 2024.
Key figures and ratios
Current ratio
0.93▲
2024 · 0.73
Debt to equity
-13.63▼
2024 · -3.85
ROA
35.8%▼
2024 · 40.4%
Debt ≤ 1 year
€658,504▼
2024 · €1.0m
Income taxes
€1,629▲
2024 · €611
Staff costs
€6,601▼
2024 · €320,597
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 317 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 92% are still going.
- Small
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
1.3%
went bankrupt
4.1%
stopped otherwise
92%
still going
A further 2.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 74% 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 317 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | €1.4m | €1.3m | - | - |
| Turnover70 | - | - | €1.3m | €1.3m | - | - |
| Other operating income74 | - | - | €8,270 | €31,497 | - | - |
| Operating charges60/66A | - | - | €1.3m | €1.0m | - | - |
| Goods for resale, raw materials and consumables60 | - | - | €709,487 | €389,155 | - | - |
| Purchases600/8 | - | - | €611,812 | €399,874 | - | - |
| Change in stocks: decrease (increase)609 | - | - | €97,675 | -€10,718 | - | - |
| Services and other goods61 | - | - | €202,822 | €269,686 | - | - |
| Remuneration, social security and pensions62 | - | €336,765 | €350,616 | €320,597 | €6,601 | ▼ 97.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €851 | €936 | €1,308 | €1,401 | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €48,447 | -€6,303 | -€4,291 | - | - |
| Other operating charges640/8 | - | €11,696 | €1,895 | €40,917 | €89,521 | ▲ 119% |
| Gross operating margin9900 | €60,508 | €348,470 | - | - | €318,107 | - |
| Operating profit (loss)9901 | -€160,977 | -€49,375 | €95,138 | €321,528 | €221,986 | ▼ 31.0% |
| Financial income75/76B | - | €5,062 | €7,731 | €6,301 | €1,785 | ▼ 71.7% |
| Recurring financial income75 | €2,139 | €5,062 | €7,731 | €6,301 | €1,785 | ▼ 71.7% |
| Income from financial fixed assets750 | - | - | €455 | €85 | - | - |
| Income from current assets751 | - | - | €2,743 | €5,104 | - | - |
| Other financial income752/9 | - | - | €4,533 | €1,112 | - | - |
| Financial charges65/66B | - | €19,532 | €24,280 | €19,422 | €3,677 | ▼ 81.1% |
| Recurring financial charges65 | €18,958 | €19,532 | €24,280 | €19,422 | €3,677 | ▼ 81.1% |
| Debt charges650 | - | - | €22,540 | €12,510 | - | - |
| Other financial charges652/9 | - | - | €1,740 | €6,912 | - | - |
| Profit (loss) for the period before taxes9903 | -€177,797 | -€63,846 | €78,589 | €308,407 | €220,094 | ▼ 28.6% |
| Income taxes67/77 | €366 | €626 | €0 | €611 | €1,629 | ▲ 167% |
| Taxes670/3 | - | - | €0 | €611 | - | - |
| Profit (loss) for the period9904 | -€178,162 | -€64,471 | €78,589 | €307,796 | €218,465 | ▼ 29.0% |
| Profit (loss) for the period to be appropriated9905 | -€178,162 | -€64,471 | €78,589 | €307,796 | €218,465 | ▼ 29.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €469,309 | €642,102 | €930,890 | €761,185 | €610,304 | ▼ 19.8% |
| Fixed assets21/28 | €2,266 | €2,330 | €7,301 | €5,900 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €2,266 | €2,330 | €7,301 | €5,900 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €1,625 | €4,926 | €3,862 | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | €705 | €2,375 | €2,038 | €0 | ▼ 100% |
| Current assets29/58 | €467,043 | €639,772 | €923,589 | €755,285 | €610,304 | ▼ 19.2% |
| Stocks and contracts in progress3 | €206,696 | €294,677 | €197,002 | €207,720 | €0 | ▼ 100% |
| Stocks30/36 | - | €294,677 | €197,002 | €207,720 | €0 | ▼ 100% |
| Goods purchased for resale34 | - | - | €197,002 | €207,720 | - | - |
| Amounts receivable within one year40/41 | €240,576 | €313,940 | €615,423 | €503,225 | €503,225 | = |
| Trade receivables40 | - | €205,441 | €444,162 | €322,953 | €322,953 | = |
| Other amounts receivable41 | - | €108,500 | €171,261 | €180,272 | €180,272 | = |
| Current investments50/53 | €19 | €19 | €19 | €19 | €19 | = |
| Other investments51/53 | - | - | €19 | €19 | - | - |
| Cash at bank and in hand54/58 | €14,256 | €28,412 | €102,425 | €41,410 | €41,410 | = |
| Deferred charges and accrued income490/1 | - | €2,724 | €8,720 | €2,911 | €65,649 | ▲ 2,156% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €469,309 | €642,102 | €930,890 | €761,185 | €610,304 | ▼ 19.8% |
| Equity10/15 | -€588,697 | -€653,168 | -€574,579 | -€266,783 | -€48,318 | ▲ 81.9% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€609,157 | -€673,628 | -€595,039 | -€287,243 | -€68,778 | ▲ 76.1% |
| Amounts payable17/49 | €1.1m | €1.3m | €1.5m | €1.0m | €658,622 | ▼ 35.9% |
| Amounts payable within one year42/48 | €1.1m | €1.3m | €1.5m | €1.0m | €658,504 | ▼ 35.9% |
| Trade debts44 | €52,905 | €311,105 | €523,803 | €378,372 | €378,372 | = |
| Suppliers440/4 | - | €311,105 | €523,803 | €378,372 | €378,372 | = |
| Advances received on contracts in progress46 | - | €4,235 | €2,214 | €2,216 | €2,216 | = |
| Taxes, remuneration and social security45 | - | €74,683 | €73,434 | €32,140 | €33,770 | ▲ 5.1% |
| Taxes450/3 | - | €5,578 | €6,279 | €807 | €2,437 | ▲ 202% |
| Remuneration and social security454/9 | - | €69,105 | €67,155 | €31,333 | €31,333 | = |
| Other amounts payable47/48 | - | €864,457 | €905,016 | €615,121 | €244,146 | ▼ 60.3% |
| Accrued charges and deferred income492/3 | - | €40,791 | €1,002 | €118 | €118 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€178,162 | -€64,471 | €78,589 | €307,796 | €218,465 | ▼ 29.0% |
| + Depreciation and write-downs630 | €851 | €936 | €1,308 | €1,401 | - | - |
| Operating cash flow (approximation) | -€177,311 | -€63,535 | €79,897 | €309,197 | €218,465 | ▼ 29.3% |
| Investment in fixed assets (approximation) | - | -€1,000 | -€6,279 | €0 | €5,900 | - |
| Change in cash | - | €14,156 | €74,013 | -€61,015 | €0 | ▲ 100% |
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
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 49 days late
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
31-03
Financial
Highest result since 2019net €307,796 ▲292%
Operating result €321,528, net result €307,796, both a record.
2023
23-10
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
31-03
Financial
Back to profitnet €78,589
Net result €78,589 after 4 loss-making years.
2022
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
04-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 4 days late
2020
19-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
31-03
Financial
Weakest financial yearnet -€188,248
Net result drops to -€188,248, the lowest in the series; recovery starts the following year.
2019
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
07-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 7 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
24-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 85 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Liège · 2 establishment units since 2002
Ground area
765 m²
Building footprint
342 m²
Volume, LiDAR
6,363 m³
3 parcels, Wallonia · tallest building 31.4 m, ±10 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
2 establishment units
GSM CENTER
since 20022.098.861.947
LED-POINT
since 20172.263.227.952
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62817B0628/00X000 | Wallonia | 452 m² | 1 · 182 m² | 31.4 m · 10 fl. |
| 62806C0064/00E003 | Wallonia | 175 m² | 1 · 62 m² | 10.0 m · 2 fl. |
| 62332B0150/00F008 | Wallonia | 137 m² | 1 · 99 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-10-1996
Fiscal year end31-03
Activities, NACEBEL 2025
43211General electrical installation work
47552Retail sale of lighting equipment
43212Electrical installation work in industrial facilities
46474Wholesale trade
47120Other non-specialised retail sale
47400Retail sale of information and communication equipment
47789Other retail sale of new goods
E-invoicing
Not found in the Peppol register
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.