Equity
€5,760 from €53,918 in 2022
Equity fell by 89% in 3 years.
LG CODING
Lifetime
7 annual accounts with figures on one time axispeak €93,081 (2024)
€34,321▼ 63.1%
peak €69,538 (2024)
€23,362▼ 66.4%
peak €53,918 (2022)
€5,760▼ 76.4%
€129,152▲ 19.6%
Board1 name since 2019
-
Documentsfilings and deeds
24-03-2026129 days before the deadline
2025micro format
Gross margin from €93,081 to €34,321Result from €69,538 to €23,362Dividend €42,000Equity from €24,398 to €5,760Debts from €107,992 to €129,152
Key points
from the 2025 annual accountsTurnover
≈ €110,000 estimated
The micro format states no turnover.
Debts
€129,152 96% of the balance sheet
Suppliers 2%Taxes and wages 9%Other 89%
Of this, €129,085 falls due within a year.
Filings
7 annual accounts 1 late
The 2020 accounts came 3 days late. The other six were filed on time.
Starting capital
€3,500 300 shares
Position in the sector
4.3%
Lower solvency than 89% of companies in computer programming and consultancy. Sector median 60.0% · 21,217 companies.
Checked score
85
Excellent
Financially stronger than 26% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,933 companies (NACE 62, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.5%▲ +0.4 percentage points vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.6%▲ +0.1 percentage points vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.7%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.7%● unchanged vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.1%▼ -0.6 percentage points vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.2%▲ +0.1 percentage points vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
1 change of registered office in 24 months
Equity €5,760 (4.3% of total assets)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 1.04, cash €101,536
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 12% of them on solvency, 27% on liquidity, 54% on profitability and 9% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as LG CODING has now. Each dot stands for 6 companies, two years later.
96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
The bankruptcy probability of LG CODING itself is lower: 0.2% within 12 months. It rests on far more data about LG CODING than the profile alone.
Test of the method
The method was tested on the 497,448 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.
| 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 2,153 companies, not a prediction for LG CODING. 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.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 21217 sector peers (2025).
NBB · sector comparisonPosition among 21217 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-03-2026, 129 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
129 days early
2024
35 days early
2023
26 days early
2022
28 days early
2021
32 days early
2020
3 days late
2019
21 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 38 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0727375383
Registered office moved from Genappe to Waterloo
New registered office: Avenue Gai Soleil, 20 à 1410 Waterloo · Previous registered office: Rue du Patronage, 4-1476 Genappe · Gazette deed
Registered office moved from Auderghem to Houtain-le-Val
New registered office: Rue du Patronage, 4 à 1476 Houtain-le-Val · Previous registered office: Avenue du Paepedelle, 42-1160 Auderghem · Gazette deed
Incorporation
Founding capital of €3,500, 300 shares · Founder: GHERSCHON Lisa (comparante) · Appointment: GHERSCHON Lisa (director) · published on 24-05-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LG CODING Waterloo | €134,912 | €34,321 | 4.3% | - |
| KeyDao Wavre | €118,844 | €31,781 | 60.0% | - |
| ISSARIS CONSULTANCY Dilsen-Stokkem | €139,862 | €32,772 | 20.3% | - |
| MOOBYTES Anderlecht | €141,025 | €32,601 | 3.2% | - |
| BBISS Herselt | €130,624 | €35,087 | 92.3% | - |
| FT ADVISORY Brussels | €143,003 | €36,402 | 64.1% | - |
| YMALAYA CONSULT Brussels | €141,169 | €31,620 | 5.8% | - |
These companies have the same main activity as LG CODING: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €119,000 and €143,000, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 22-05-2019Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Establishment unit
- 2.289.609.0811410 Waterloo, since 22-05-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 24-12-2025
Annual accounts 2025
- €134,912▲ 1.9%
- Filing
- Filed on 24-03-2026, 129 days before the end of the filing period
Insights on LG CODING
LG CODING files the micro format. That format states no turnover. The gross margin rose from €28,888 in 2019 to €34,321 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LG CODING
- What is the company number of LG CODING?
- The company number of LG CODING is 0727.375.383. The VAT number is the same number with BE in front: BE 0727.375.383.
- Where is LG CODING based?
- The registered office is at Avenue Gai Soleil 20, 1410 Waterloo.Company details
- What does LG CODING do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of LG CODING?
- LG CODING is a private limited company (BV).
- When was LG CODING founded?
- LG CODING was founded on 22-05-2019.
- Is LG CODING still active?
- Yes, LG CODING is an active enterprise in the KBO register.
- What is the turnover of LG CODING?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €34,321 and 63 comparable companies (NACE 62200). It probably lies between €93,000 and €160,000.Financials
- Is LG CODING profitable?
- In financial year 2025, LG CODING made a profit of €23,362.
- Where can I find the annual accounts of LG CODING?
- LG CODING filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LG CODING due?
- LG CODING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.