LF Consulting
ActiveSummary
LF Consulting has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €583k and a net result of €91k. Equity is growing by ~18.4% per year across the filed fiscal years. Its solvency ranks better than 66% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability83▲+2
Solvency97▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 2.49 against 1.69 in 2023; short-term debt: 13.5% and cash: 21.4% of total assets), and 27.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
72.1%
Return on assets
11.2%
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 25-08-2025, 25 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
on the day
2022
32 d late
2021
4 d early
2020
9 d late
2019
89 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€583k▲ 18.4%
2023 · €492k
Total assets
€809k▲ 8.4%
2023 · €746k
Net result
€91k▲ 25.3%
2023 · €72k
Working capital
€162k▲ 97.2%
2023 · €82k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€66k▼ 15.9%€97k▲ 47.5%€41k▼ 58.2%€93k▲ 128%€116k▲ 24.6%
Net result€52k▲ 12.3%€76k▲ 46.9%€29k▼ 61.5%€72k▲ 148%€91k▲ 25.3%
Equity€302k▲ 20.6%€391k▲ 29.2%€420k▲ 7.5%€492k▲ 17.3%€583k▲ 18.4%
Total assets€348k▲ 13.4%€446k▲ 28.2%€680k▲ 52.7%€746k▲ 9.7%€809k▲ 8.4%
Debt€45k▼ 18.9%€55k▲ 21.3%€261k▲ 374%€254k▼ 2.6%€226k▼ 11.0%
Working capital€163k▲ 25.7%€253k▲ 55.2%€59k▼ 76.8%€82k▲ 40.3%€162k▲ 97.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 25% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €809k
Fixed assets
€538k ▼ 1.1%
Current assets
€271k ▲ 34.0%
Equity and liabilities €809k
Equity
€583k ▲ 18.4%
Debt
€226k ▼ 11.0%
Debt's share of the balance-sheet total falls from 34.0% to 27.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€127k▲
2023 · €104k
Cash flow
€102k▲
2023 · €83k
Current ratio
2.49▲
2023 · 1.69
Debt to equity
0.39▼
2023 · 0.52
ROE
15.6%▲
2023 · 14.7%
ROA
11.2%▲
2023 · 9.7%
Interest coverage
49.92▲
2023 · 37.21
Debt ≤ 1 year
€109k▼
2023 · €120k
Debt > 1 year
€117k▼
2023 · €134k
Income taxes
€28k▲
2023 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €2k | €43k | €11k | €12k | ▲ 7.6% |
| Other operating charges640/8 | - | €146 | €192 | €7k | €710 | ▼ 89.2% |
| Gross operating margin9900 | €67k | €99k | €84k | €110k | €128k | ▲ 16.2% |
| Operating profit (loss)9901 | €66k | €97k | €41k | €93k | €116k | ▲ 24.6% |
| Financial income75/76B | - | €6 | €180 | €4k | €6k | ▲ 68.1% |
| Recurring financial income75 | €30 | €6 | €180 | €4k | €6k | ▲ 68.1% |
| Financial charges65/66B | - | €192 | €2k | €3k | €3k | ▼ 8.4% |
| Recurring financial charges65 | €82 | €192 | €2k | €3k | €3k | ▼ 8.4% |
| Profit (loss) for the period before taxes9903 | €66k | €97k | €39k | €94k | €119k | ▲ 27.3% |
| Income taxes67/77 | €14k | €21k | €10k | €21k | €28k | ▲ 34.1% |
| Profit (loss) for the period9904 | €52k | €76k | €29k | €72k | €91k | ▲ 25.3% |
| Profit (loss) for the period to be appropriated9905 | €52k | €76k | €29k | €72k | €91k | ▲ 25.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €348k | €446k | €680k | €746k | €809k | ▲ 8.4% |
| Fixed assets21/28 | €139k | €138k | €512k | €544k | €538k | ▼ 1.1% |
| Tangible fixed assets22/27 | €2k | €858 | €375k | €407k | €401k | ▼ 1.5% |
| Land and buildings22 | - | - | €374k | €405k | €395k | ▼ 2.6% |
| Furniture and vehicles24 | - | €858 | €389 | €1k | €6k | ▲ 315% |
| Financial fixed assets28 | €137k | €137k | €137k | €137k | €137k | = |
| Current assets29/58 | €208k | €308k | €169k | €202k | €271k | ▲ 34.0% |
| Amounts receivable within one year40/41 | €19k | €16k | €16k | €42k | €98k | ▲ 132% |
| Trade receivables40 | - | - | €5k | €2k | €13k | ▲ 517% |
| Other amounts receivable41 | - | €16k | €12k | €40k | €85k | ▲ 112% |
| Current investments50/53 | - | - | - | €101k | - | - |
| Cash at bank and in hand54/58 | €187k | €290k | €152k | €59k | €173k | ▲ 194% |
| Deferred charges and accrued income490/1 | - | €1k | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €348k | €446k | €680k | €746k | €809k | ▲ 8.4% |
| Equity10/15 | €302k | €391k | €420k | €492k | €583k | ▲ 18.4% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €296k | €372k | €401k | €474k | €564k | ▲ 19.2% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | €13k | €13k | €13k | €13k | = |
| Distributable reserves133 | - | €358k | €387k | €459k | €550k | ▲ 19.8% |
| Amounts payable17/49 | €45k | €55k | €261k | €254k | €226k | ▼ 11.0% |
| Amounts payable after more than one year17 | - | - | €151k | €134k | €117k | ▼ 12.6% |
| Financial debts170/4 | - | - | €151k | €134k | €117k | ▼ 12.6% |
| Amounts payable within one year42/48 | €45k | €55k | €110k | €120k | €109k | ▼ 9.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €17k | €17k | ▲ 1.7% |
| Financial debts43 | - | - | €16k | - | - | - |
| Credit institutions430/8 | - | - | €16k | - | - | - |
| Trade debts44 | €3k | €3k | €6k | €6k | €18k | ▲ 188% |
| Suppliers440/4 | - | €3k | €6k | €6k | €18k | ▲ 188% |
| Taxes, remuneration and social security45 | - | €16k | €21k | €40k | €39k | ▼ 2.1% |
| Taxes450/3 | - | €16k | €21k | €40k | €39k | ▼ 2.1% |
| Other amounts payable47/48 | - | €35k | €67k | €57k | €35k | ▼ 38.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €52k | €76k | €29k | €72k | €91k | ▲ 25.3% |
| + Depreciation and write-downs630 | €1k | €2k | €43k | €11k | €12k | ▲ 7.6% |
| Operating cash flow (approximation) | €53k | €77k | €72k | €83k | €102k | ▲ 23.0% |
| Investment in fixed assets (approximation) | - | €0 | €-417k | €-43k | €-5k | ▲ 87.4% |
| Change in cash | - | €104k | €-138k | €-93k | €114k | ▲ 222% |
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
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Highest result since 2018net €91k ▲25.3%
Operating result €116k, net result €91k, both a record.
31-12
Financial
Equity above €500kEq €583k ▲18.4%
7 profitable years in a row build equity to €583k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Weakest financial yearnet €29k ▼61.5%
Net result drops to €29k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 8 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Edegem · 1 establishment unit since 2013
Ground area
996 m²
Building footprint
196 m²
Volume, LiDAR
947 m³
Parcel 11472C0223/00S002, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
LF CONSULTING
since 20132.220.329.010
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11472C0223/00S002 | Flanders | 996 m² | 1 · 196 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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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Impact
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 33,376 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-07-2013
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
69201Certified accountants and tax accountants
Scores and ratios are computed by Checked and are not a credit decision.