LET TEAM BE
ActiveLET TEAM BE has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €36k and a net result of €-9k. Equity is growing by ~42.8% per year across the filed fiscal years. Its solvency ranks better than 80% of 3021 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability14▼-66
Solvency92▲+14
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 3.26 against 1.5 in 2023; short-term debt: 20.4% and cash: 10% of total assets), and 33.2% 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.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← 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
66.8%
Return on assets
-16.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
31 d late
2022
11 d early
2021
31 d late
2020
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€36k▲ 81.3%
2023 · €20k
2020: €8k
2021: €19k
2022: €17k
2023: €20k
2020 → 2024
Total assets
€54k▲ 44.9%
2023 · €37k
2020: €15k
2021: €42k
2022: €29k
2023: €37k
2020 → 2024
Net result
€-9k
2023 · €3k
2020: €5k
2021: €11k
2022: €-2k
2023: €3k
2020 → 2024
Working capital
€25k▲ 567%
2023 · €4k
2020: €2k
2021: €9k
2022: €-30
2023: €4k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€8k-€19k▲ 147%€17k▼ 11.1%€20k▲ 20.2%€36k▲ 81.3%
Operating result€5k-€11k▲ 153%€-2k€9k€-8k
Net result€5k-€11k▲ 145%€-2k€3k€-9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €8k after €9k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €54k
Fixed assets
€18k▼ 30.2%
Current assets
€36k▲ 220%
Equity and liabilities €54k
Equity
€36k▲ 81.3%
Debt
€18k▲ 3.1%
The debt ratio falls from 46.6% to 33.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1k▼
2023 · €17k
Cash flow
€591▼
2023 · €12k
Solvency
66.8%▲
2023 · 53.4%
Current ratio
3.26▲
2023 · 1.50
Quick ratio
3.26▲
2023 · 1.50
Debt / equity
0.50▼
2023 · 0.87
ROE
-24.5%▼
2023 · 16.8%
ROA
-16.4%▼
2023 · 9.0%
Interest coverage
1.70▼
2023 · 8.25
Debt
€18k▲
2023 · €17k
Debt ≤ 1 year
€11k▲
2023 · €8k
Debt > 1 year
€7k▼
2023 · €10k
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€37k€54k▲
Formation expenses20€241€16▼
Fixed assets21/28€26k€18k▼
Intangible fixed assets21€948€210▼
Tangible fixed assets22/27€25k€18k▼
Plant, machinery and equipment23€3k€3k▲
Furniture and vehicles24€21k€14k▼
Other tangible fixed assets26€2k€1k▼
Current assets29/58€11k€36k▲
Amounts receivable within one year40/41€9k€30k▲
Trade receivables40€9k€12k▲
Other amounts receivable41€6€18k▲
Cash at bank and in hand54/58€1k€5k▲
Deferred charges and accrued income490/1€341€240▼
Equity and liabilities
Total equity and liabilities10/49€37k€54k▲
Equity10/15€20k€36k▲
Contributions10/11€3k€28k▲
Profit (loss) carried forward14€17k€8k▼
Amounts payable17/49€17k€18k▲
Amounts payable after more than one year17€10k€7k▼
Financial debts170/4€10k€7k▼
Amounts payable within one year42/48€8k€11k▲
Current portion of amounts payable after more than one year42€4k€3k▼
Trade debts44-€615
Suppliers440/4-€615
Advances received on contracts in progress46€3k€3k=
Taxes, remuneration and social security45€300€3k▲
Taxes450/3€300€3k▲
Other amounts payable47/48€444€1k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▲
Other operating charges640/8€772€1k▲
Gross operating margin9900€18k€2k▼
Operating profit (loss)9901€9k€-8k▼
Financial income75/76B€2€20▲
Recurring financial income75€2€20▲
Financial charges65/66B€2k€815▼
Recurring financial charges65€2k€815▼
Profit (loss) for the period before taxes9903€7k€-9k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€3k€-9k▼
Profit (loss) for the period to be appropriated9905€3k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€8k▼
Profit (loss) brought forward from the previous period14P€14k€17k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet €-9k ▼365%
Net result drops to €-9k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 3.26
Current ratio from 1.50 to 3.26.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2020net €11k ▲145%
Operating result €11k, net result €11k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Profondeville · 1 establishment unit since 2020
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.
Rue du Herdal 645170 ProfondevilleGround area
3,498 m²
Building footprint
160 m²
Volume, LiDAR
1,219 m³
Parcel 92101C0229/00G004, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Let Team Be srl
since 20202.298.488.244
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92101C0229/00G004 | Wallonia | 3,498 m² | 1 · 160 m² | 10.0 m · 3 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.
Similar companies · same sector, comparable size
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ETABLISSEMENT SWILLE
BE 0415.622.729
Fosses-la-Ville · Eq €36k
ARENA PRODUCTIONS
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TOGOBAN
BE 0866.601.562
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Moana Beach
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Of 6,729 companies in sector 93299 we hold annual accounts for 1,168. 884 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-01-2020
Fiscal year end31-12
Activities, NACEBEL
93299Other amusement and recreation activities
47630Retail trade
47690Retail sale of other cultural and recreation goods
59203Motion picture, video and television programme production, sound recording and music publishing activities
85520Cultural education
85592Vocational training
90021Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.