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LENSCO

Active
Private limited companyfounded 2012active for 14 yearsDeborah Lambillottepad 1, 9000 Gent, BelgiumKBO/BCE: BE 0848.262.921

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 25-12-2025 PDF all 12 filings

Turnover
≈ €99,000
Estimated: probably between €88,000 and €130,000
Total assets
€90,891▲ 91.0%
2024 · €47,596
Net result
€41,420▲ 29.7%
2024 · €31,936
Working capital
€62,327▲ 62.8%
2024 · €38,288
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result for 2025 is 50% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Operating result€48,313 2025 Net result€41,420 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€16,741--€15,393▲ 8.1%€12,399€6,058▼ 51.1%-€3,717€32,253€48,313▲ 49.8%
Net result-€16,918--€15,577below the sector's middle half▲ 7.9%€12,155within the sector's middle half€5,726within the sector's middle half▼ 52.9%-€4,043below the sector's middle half€31,936within the sector's middle half€41,420within the sector's middle half▲ 29.7%
Equity€19,984-€4,408below the sector's middle half▼ 77.9%€16,563below the sector's middle half▲ 276%€22,288below the sector's middle half▲ 34.6%€18,245below the sector's middle half▼ 18.1%€40,181within the sector's middle half▲ 120%€68,101within the sector's middle half▲ 69.5%
Total assets€22,581-€7,912below the sector's middle half▼ 65.0%€22,664below the sector's middle half▲ 186%€27,873below the sector's middle half▲ 23.0%€21,792below the sector's middle half▼ 21.8%€47,596below the sector's middle half▲ 118%€90,891within the sector's middle half▲ 91.0%
Debt€2,597-€3,504▲ 35.0%€6,101▲ 74.1%€5,585▼ 8.5%€3,547▼ 36.5%€7,415▲ 109%€22,790▲ 207%
Working capital€18,948-€2,879below the sector's middle half▼ 84.8%€15,495within the sector's middle half▲ 438%€19,043within the sector's middle half▲ 22.9%€13,091within the sector's middle half▼ 31.3%€38,288within the sector's middle half▲ 192%€62,327within the sector's middle half▲ 62.8%
Solvency88.5%-55.7%within the sector's middle half▼ 32.8pp73.1%within the sector's middle half▲ 17.4pp80.0%above the sector's middle half▲ 6.9pp83.7%above the sector's middle half▲ 3.8pp84.4%above the sector's middle half▲ 0.7pp74.9%within the sector's middle half▼ 9.5pp
Current ratio8.30-1.91within the sector's middle half▼ 6.393.69within the sector's middle half▲ 1.784.64within the sector's middle half▲ 0.945.14above the sector's middle half▲ 0.509.58above the sector's middle half▲ 4.444.45within the sector's middle half▼ 5.13
Return on assets (ROA)-74.9%--196.9%below the sector's middle half▼ 121.9pp53.6%above the sector's middle half▲ 250.5pp20.5%within the sector's middle half▼ 33.1pp-18.6%below the sector's middle half▼ 39.1pp67.1%above the sector's middle half▲ 85.7pp45.6%above the sector's middle half▼ 21.5pp
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €90,891
Fixed assets €10,510 ▲ 117%
Current assets €80,381 ▲ 88.0%
Equity and liabilities €90,891
Equity €68,101 ▲ 69.5%
Debt €22,790 ▲ 207%
Debt's share of the balance-sheet total rises from 15.6% to 25.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€50,933▲
2024 · €33,942
Cash flow
€44,039▲
2024 · €33,625
Debt to equity
0.33▲
2024 · 0.18
ROE
60.8%▼
2024 · 79.5%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€18,054▲
2024 · €4,463
Income taxes
€7,050▲
2024 · €134
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item30-06-202230-06-202330-06-202430-06-2025
Tangible fixed assets€2,933€3,258€1,074€8,286
Depreciation and write-downs of the year€755€1,311€1,688€2,619

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as LENSCO: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €89,100 and €104,000, founded between 2012 and 2013.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
LENSCO Gent2012€90,891€68,101€51,771-€41,4202025
NULENS ICT CONSULTING Tessenderlo-Ham2013€91,242€54,528€51,942-€17,3882025
NC-Consult Sint-Jans-Molenbeek2012€96,301€21,656€47,763€124,919-€10,7282024
ORB-IT SOLUTIONS Dilsen-Stokkem2013€92,979€34,625€48,656-€40,6212025
Project 01 Bonheiden2012€89,123€76,887€46,158-€38,4302025
ASCA CONSULT Braine-l'Alleud2012€100,022€41,751€56,689-€9,2742025
UPI CONSULT Namur2013€103,827€49,865€50,091-€5,6592025

They were chosen from the 18,969 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 34,693 companies had the same profile as LENSCO has now. Two years later, 0.7% had gone bankrupt and 95.3% were still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% was still going

That fits the bankruptcy probability of LENSCO itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,693 companies, not a prediction for LENSCO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines

Source: Annual accounts 2025 (PDF), filed on 25-12-2025.

Balance sheet Code20242025
Assets
Total assets20/58€47,596€90,891▲
Fixed assets21/28€4,844€10,510▲
Tangible fixed assets22/27€4,844€10,510▲
Furniture and vehicles24€4,844€10,510▲
Financial fixed assets28€0-
Current assets29/58€42,752€80,381▲
Amounts receivable within one year40/41€17,286€10,485▼
Trade receivables40€17,286€10,485▼
Cash at bank and in hand54/58€24,932€69,334▲
Deferred charges and accrued income490/1€534€562▲
Equity and liabilities
Total equity and liabilities10/49€47,596€90,891▲
Equity10/15€40,181€68,101▲
Contributions10/11€12,400€12,400=
Reserves13€53,446€55,701▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€53,446€55,701▲
Profit (loss) carried forward14-€25,665€0▲
Amounts payable17/49€7,415€22,790▲
Amounts payable within one year42/48€4,463€18,054▲
Trade debts44€1,339€1,228▼
Suppliers440/4€1,339€1,228▼
Taxes, remuneration and social security45€2,883€9,006▲
Taxes450/3€2,883€9,006▲
Other amounts payable47/48€241€7,820▲
Accrued charges and deferred income492/3€2,951€4,736▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,688€2,619▲
Other operating charges640/8€911€839▼
Gross operating margin9900€34,853€51,771▲
Operating profit (loss)9901€32,253€48,313▲
Financial income75/76B€21€468▲
Recurring financial income75€21€468▲
Financial charges65/66B€203€311▲
Recurring financial charges65€203€311▲
Profit (loss) for the period before taxes9903€32,070€48,470▲
Income taxes67/77€134€7,050▲
Profit (loss) for the period9904€31,936€41,420▲
Profit (loss) for the period to be appropriated9905€31,936€41,420▲
Appropriation of the result
Profit (loss) to be appropriated9906-€25,665€15,755▲
Profit (loss) brought forward from the previous period14P-€57,601-€25,665▲
Transfer from equity791/2€10,000€10,000=
Transfer to equity691/2-€12,255
To other reserves6921-€12,255
Profit to be distributed694/7€10,000€13,500▲
Return on contributions (dividend)694€10,000€10,000=
Directors or managers695-€3,500

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,690€998€409€755€1,311€1,688€2,619▲ 55.1%
Other operating charges640/8---€758€726€911€839▼ 7.9%
Gross operating margin9900-€14,331-€13,684€13,521€7,571-€1,680€34,853€51,771▲ 48.5%
Operating profit (loss)9901-€16,741-€15,393€12,399€6,058-€3,717€32,253€48,313▲ 49.8%
Financial income75/76B-----€21€468▲ 23×
Recurring financial income75€32€20€37--€21€468▲ 23×
Financial charges65/66B---€214€201€203€311▲ 53.0%
Recurring financial charges65€94€86€112€214€201€203€311▲ 53.0%
Profit (loss) for the period before taxes9903-€16,804-€15,459€12,271€5,844-€3,918€32,070€48,470▲ 51.1%
Income taxes67/77€115€118€116€118€126€134€7,050▲ 53×
Profit (loss) for the period9904-€16,918-€15,577€12,155€5,726-€4,043€31,936€41,420▲ 29.7%
Profit (loss) for the period to be appropriated9905-€16,918-€15,577€12,155€5,726-€4,043€31,936€41,420▲ 29.7%
Line2019202020212022202320242025Change
Assets
Total assets20/58€22,581€7,912€22,664€27,873€21,792€47,596€90,891▲ 91.0%
Fixed assets21/28€1,036€1,876€1,415€3,593€5,539€4,844€10,510▲ 117%
Tangible fixed assets22/27€956€1,796€1,335€3,513€5,459€4,844€10,510▲ 117%
Furniture and vehicles24---€3,513€5,459€4,844€10,510▲ 117%
Financial fixed assets28€80€80€80€80€80€0--
Current assets29/58€21,545€6,036€21,249€24,281€16,253€42,752€80,381▲ 88.0%
Amounts receivable within one year40/41€1,079€546-€15,266€662€17,286€10,485▼ 39.3%
Trade receivables40---€15,266€662€17,286€10,485▼ 39.3%
Cash at bank and in hand54/58€19,353€4,338€20,088€7,925€15,062€24,932€69,334▲ 178%
Deferred charges and accrued income490/1---€1,089€530€534€562▲ 5.2%
Equity and liabilities
Total equity and liabilities10/49€22,581€7,912€22,664€27,873€21,792€47,596€90,891▲ 91.0%
Equity10/15€19,984€4,408€16,563€22,288€18,245€40,181€68,101▲ 69.5%
Contributions10/11€12,400--€12,400€12,400€12,400€12,400=
Reserves13€63,446€63,446€63,446€63,446€63,446€53,446€55,701▲ 4.2%
Non-distributable reserves130/1----€1,860€0--
Reserves not available under the articles1311----€1,860€0--
Distributable reserves133---€63,446€61,586€53,446€55,701▲ 4.2%
Profit (loss) carried forward14-€55,862-€71,438-€59,283-€53,557-€57,601-€25,665€0-
Amounts payable17/49€2,597€3,504€6,101€5,585€3,547€7,415€22,790▲ 207%
Amounts payable within one year42/48€2,597€3,157€5,754€5,238€3,163€4,463€18,054▲ 304%
Trade debts44€1,413€1,730€3,135€3,809€805€1,339€1,228▼ 8.3%
Suppliers440/4---€3,809€805€1,339€1,228▼ 8.3%
Taxes, remuneration and social security45---€1,212€1,742€2,883€9,006▲ 212%
Taxes450/3---€1,212€1,742€2,883€9,006▲ 212%
Other amounts payable47/48---€217€616€241€7,820▲ 33×
Accrued charges and deferred income492/3---€348€384€2,951€4,736▲ 60.5%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€16,918-€15,577€12,155€5,726-€4,043€31,936€41,420▲ 29.7%
+ Depreciation and write-downs630€1,690€998€409€755€1,311€1,688€2,619▲ 55.1%
Operating cash flow (approximation)-€15,228-€14,579€12,564€6,481-€2,732€33,625€44,039▲ 31.0%
Investment in fixed assets (approximation)--€1,838€53-€2,933-€3,258-€994-€8,286▼ 734%
Change in cash--€15,015€15,750-€12,162€7,136€9,870€44,402▲ 350%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 12 filings with the National Bank
Financial year Type Filed Reference Document
30-06-2025 micro format 25-12-2025 2025-00590317 PDF
30-06-2024 micro format 10-02-2025 2025-00031767 PDF
30-06-2023 micro format 24-01-2024 2024-00005451 PDF
30-06-2022 micro format 20-12-2022 2022-20541037 PDF
30-06-2021 micro format 22-12-2021 2021-81200305 PDF
30-06-2020 micro format 21-12-2020 2020-76900548 PDF
30-06-2019 micro format 23-12-2019 2019-77500522 PDF
30-06-2018 micro format 27-12-2018 2018-76100252 PDF
30-06-2017 micro format 27-12-2017 2017-73500126 PDF
30-06-2016 abbreviated format 26-12-2016 2016-71800525 PDF

Show all 12 filings

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