LF 2019
ActiveSummary
The computed 12-month bankruptcy probability of LF 2019 is 1.8% (moderate). The 2025 annual accounts show equity of €10k and a net result of €327. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 1904 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▼-9
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 22.56 against 27.55 in 2024; short-term debt: 4.4% and cash: 99.9% of total assets), and 4.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95.6%
Return on assets
3.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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
18 d late
2024
48 d early
2023
36 d early
2022
21 d late
2021
30 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€10k▲ 3.4%
2024 · €10k
2021: €7k
2022: €7k
2023: €9k
2024: €10k
2021 → 2025
Total assets
€10k▲ 4.3%
2024 · €10k
2021: €9k
2022: €9k
2023: €10k
2024: €10k
2021 → 2025
Net result
€327▼ 49.3%
2024 · €645
2021: €4k
2022: €394
2023: €2k
2024: €645
2021 → 2025
Working capital
€10k▲ 3.4%
2024 · €10k
2021: €7k
2022: €7k
2023: €9k
2024: €10k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7k-€7k▲ 5.7%€9k▲ 21.9%€10k▲ 7.2%€10k▲ 3.4%
Operating result€4k-€2k▼ 43.3%€2k▼ 26.4%€572▼ 65.5%€557▼ 2.5%
Net result€4k-€394▼ 90.1%€2k▲ 309%€645▼ 60.0%€327▼ 49.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 3% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €10k
Equity
€10k ▲ 3.4%
Debt
€461 ▲ 27.4%
Debt's share of the balance-sheet total rises from 3.6% to 4.4%. Equity and debt are higher.
Key figures and ratios
Current ratio
22.56▼
2024 · 27.55
Debt to equity
0.05▲
2024 · 0.04
ROE
3.3%▼
2024 · 6.7%
ROA
3.1%▼
2024 · 6.5%
Debt ≤ 1 year
€461▲
2024 · €362
Income taxes
€99▲
2024 · €-191
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 26 lines
Balance sheet
Code20242025
Assets
Total assets20/58€10k€10k▲
Current assets29/58€10k€10k▲
Amounts receivable within one year40/41€7k€14▼
Trade receivables40€7k-
Other amounts receivable41€14€14▲
Cash at bank and in hand54/58€3k€10k▲
Equity and liabilities
Total equity and liabilities10/49€10k€10k▲
Equity10/15€10k€10k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€7k€7k▲
Amounts payable17/49€362€461▲
Amounts payable within one year42/48€362€461▲
Trade debts44-€99
Suppliers440/4-€99
Other amounts payable47/48€362€362=
Income statement
Code20242025
Other operating charges640/8€505€520▲
Gross operating margin9900€1k€1k=
Operating profit (loss)9901€572€557▼
Financial charges65/66B€117€131▲
Recurring financial charges65€117€131▲
Profit (loss) for the period before taxes9903€455€426▼
Income taxes67/77€-191€99▲
Profit (loss) for the period9904€645€327▼
Profit (loss) for the period to be appropriated9905€645€327▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€7k▲
Profit (loss) brought forward from the previous period14P€6k€7k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
31-12
Financial
Weakest financial yearnet €327 ▼49.3%
Net result drops to €327, the lowest in the series.
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 27.55
Current ratio from 11.21 to 27.55; short-term debt falls from €879 to €362.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Heist-op-den-Berg · 1 establishment unit since 2021
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.
Herentalsesteenweg 1182220 Heist-op-den-BergGround area
5,777 m²
Building footprint
213 m²
Volume, LiDAR
1,290 m³
Parcel 12014D0107/00F000, Flanders · tallest building 14.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LF 2019
since 20212.317.317.528
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12014D0107/00F000 | Flanders | 5,777 m² | 1 · 213 m² | 13.9 m · 2 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
LF 2020
BE 0768.428.555
Heist-op-den-Berg · Eq €9,978
SH SERVICES
BE 0834.138.731
Engis · Eq €9,992
METAVER
BE 0862.275.659
Londerzeel · Eq €10,328
DALEMANS INDUSTRIES
BE 0806.483.932
Zonhoven · Eq €10,997
FERRONNERIE ERIC FERY
BE 0677.521.244
Stavelot · Eq €11,094
Of 984 companies in sector 25401 we hold annual accounts for 407. 157 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
25401Forging of metal
25510Coating of metals
31001Manufacture of furniture
43320Joinery installation
64210Activities of holding companies
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.