LG Xpert
ActiveSummary
LG Xpert has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €212k and a net result of €-37k. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 26% of 2331 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability21▼-55
Solvency54▼-4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity short (current ratio 0.84 against 1.03 in 2024; short-term debt: 45.3% and cash: 0.4% of total assets), and 70.9% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← 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
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
29 d late
2023
89 d late
2022
92 d late
2021
140 d late
2020
423 d late
2019
788 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, abbreviated schema
Equity
€212k▼ 14.9%
2024 · €249k
2019: €110k
2020: €158k
2021: €194k
2022: €248k
2023: €205k
2024: €249k
2019 → 2025
Total assets
€729k▼ 4.8%
2024 · €766k
2019: €670k
2020: €693k
2021: €685k
2022: €806k
2023: €750k
2024: €766k
2019 → 2025
Net result
€-37k
2024 · €45k
2019: €22k
2020: €48k
2021: €35k
2022: €55k
2023: €-44k
2024: €45k
2019 → 2025
Working capital
€-51k
2024 · €9k
2019: €-18k
2020: €10k
2021: €20k
2022: €56k
2023: €-8k
2024: €9k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€194k-€248k▲ 28.3%€205k▼ 17.6%€249k▲ 21.9%€212k▼ 14.9%
Operating result€51k-€70k▲ 37.8%€45k▼ 36.5%€58k▲ 30.5%€-13k
Net result€35k-€55k▲ 55.2%€-44k€45k€-37k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €13k after €58k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €729k
Fixed assets
€450k ▼ 7.7%
Current assets
€278k ▲ 0.3%
Equity and liabilities €729k
Equity
€212k ▼ 14.9%
Debt
€517k =
Debt's share of the balance-sheet total rises from 67.4% to 70.9%. Equity is lower.
Key figures and ratios
EBITDA
€25k▼
2024 · €95k
Cash flow
€490▼
2024 · €81k
Current ratio
0.84▼
2024 · 1.03
Debt to equity
2.44▲
2024 · 2.07
ROE
-17.5%▼
2024 · 17.9%
ROA
-5.1%▼
2024 · 5.8%
Interest coverage
1.03▼
2024 · 7.46
Debt ≤ 1 year
€330k▲
2024 · €268k
Debt > 1 year
€185k▼
2024 · €247k
Income taxes
€278▼
2024 · €14k
Staff costs
€27k▲
2024 · €18k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€766k€729k▼
Fixed assets21/28€488k€450k▼
Tangible fixed assets22/27€488k€450k▼
Land and buildings22€432k€413k▼
Plant, machinery and equipment23€1k€558▼
Furniture and vehicles24€55k€36k▼
Current assets29/58€278k€278k▲
Amounts receivable within one year40/41€274k€273k▼
Trade receivables40€39k€21k▼
Other amounts receivable41€236k€252k▲
Cash at bank and in hand54/58-€3k
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€766k€729k▼
Equity10/15€249k€212k▼
Contributions10/11€20k€20k=
Capital10€20k€20k=
Issued capital100€20k€20k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€227k€190k▼
Amounts payable17/49€516k€517k=
Amounts payable after more than one year17€247k€185k▼
Financial debts170/4€247k€185k▼
Amounts payable within one year42/48€268k€330k▲
Current portion of amounts payable after more than one year42€64k€67k▲
Financial debts43€29k€12k▼
Credit institutions430/8€29k€12k▼
Trade debts44€11k€8k▼
Suppliers440/4€11k€8k▼
Advances received on contracts in progress46€600-
Taxes, remuneration and social security45€134k€243k▲
Taxes450/3€134k€238k▲
Remuneration and social security454/9-€5k
Other amounts payable47/48€30k-
Accrued charges and deferred income492/3€666€1k▲
Income statement
Code20242025
Remuneration, social security and pensions62€18k€27k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€38k▲
Other operating charges640/8€6k€57k▲
Gross operating margin9900€120k€109k▼
Operating profit (loss)9901€58k€-13k▼
Financial income75/76B€13k-
Recurring financial income75€13k-
Financial charges65/66B€13k€24k▲
Recurring financial charges65€13k€24k▲
Profit (loss) for the period before taxes9903€59k€-37k▼
Income taxes67/77€14k€278▼
Profit (loss) for the period9904€45k€-37k▼
Profit (loss) for the period to be appropriated9905€45k€-37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€227k€190k▼
Profit (loss) brought forward from the previous period14P€183k€227k▲
The notes to these accounts (7 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
16-09
State Gazette act
Resignation: Laurent GAUTHIER (manager)Appointment: Laurent GAUTHIER (administrateur non statutaire) · Legal-form conversion · Capital conversion13 facts ▸
State Gazette act
Resignation: Laurent GAUTHIER (manager)
Appointment: Laurent GAUTHIER (administrateur non statutaire) · Legal-form conversion · Capital conversion13 facts ▸
- Legal-form conversion, société à responsabilité limitée (en abrégé SRL)
- Capital conversion, compte de capitaux propres, statutairement indisponible
- Capital conversion, compte de capitaux propres, statutairement indisponible
- Declaration, absence de capital non libéré
- Other statement, maintien du compte de capitaux propres indisponible, ne pas rendre ces fonds disponibles pour distribution
- Statutes amendment
- Name change, LG Xpert
- Capital
- Capital, €22.000
- Other statement, Mandate to the instrumenting notary, The general meeting decided to give the mission to the instrumenting notary to establish and sign the coordination of the s…
- Director resignation, Laurent GAUTHIER (manager)
- Director appointment, Laurent GAUTHIER (administrateur non statutaire)
- +1 further facts in this act
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
28-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 89 days late
2023
31-12
Financial
Weakest financial yearnet €-44k ▼180%
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
31-12
Financial
Highest result since 2019net €55k ▲55.2%
Net result €55k, the highest in the series.
31-12
Financial
Equity above €200kEq €248k ▲28.3%
4 profitable years in a row build equity to €248k.
18-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 140 days late
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 423 days late
27-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 788 days late
Show earlier events
2020
31-12
Financial
Equity above €150kEq €158k ▲43.7%
2 profitable years in a row build equity to €158k.
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 143 days late
07-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 280 days late
2017
07-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 494 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
Laurent GAUTHIER
CurrentAdministrateur non statutaire · since 16-09-2026
16-09-2026
Appointed as Administrateur non statutaire
16-09-2026
Resigned as Manager
Location & real-estate footprint
Registered office, Esneux
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.
Avenue St Michel 204130 EsneuxGround area
267 m²
Building footprint
88 m²
Volume, LiDAR
847 m³
Parcel 62032C0122/00A003, Wallonia · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62032C0122/00A003 | Wallonia | 267 m² | 1 · 88 m² | 11.6 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.
Articles of association
Who signs
Each director alone
Annual meeting
Second Saturday of June at 10:00
Duration
Unlimited
Purpose
L'exercice de la médecine, en ce compris l’expertise médicale, par le ou les associés qui la composent, lesquels sont exclusivement des médecins inscrits au Tableau de l'Ordre des…
Full purpose (5 activities)
- L'exercice de la médecine, en ce compris l’expertise médicale, par le ou les associés qui la composent, lesquels sont exclusivement des médecins inscrits au Tableau de l'Ordre des Médecins ou des sociétés de médecins à personnalité juridique dont les statuts ont été approuvés par le Conseil de l’Ordre des Médecins. La médecine est exercée au nom et pour le compte de la société.
- En cas de pluralité d'associés, ceux-ci mettent en commun la totalité de leur activité médicale au sein de la société.
- L'exercice de toute activité liée à l'expertise médicale au sens le plus large du terme
- Toute opération civile, financière, mobilière ou immobilière se rapportant directement ou indirectement à son objet ou qui serait de nature à en faciliter directement ou indirectement, entièrement ou partiellement, la réalisation
- S'intéresser par voie d'apport, de fusion, de souscription ou de toute autre manière dans toutes entreprises, associations ou sociétés ayant un objet similaire, analogue ou connexe ou de nature à favoriser celui de la société
Other provisions of the articles (32)
- Legal form clause: LG Xpert
- Registered office clause: Région wallonne, Conseil provincial de l'Ordre des médecins si requis
- Other statement (18)
- Other statement: le droit de souscription préférentielle revient au débiteur-gagiste, proportionnellement au nombre d’actions qu’ils détiennent
- Transfer restriction
- Board rule (4)
- Auditor rule
- Voting rule: L'assemblée ne peut délibérer que sur les propositions figurant à l'ordre du jour, sauf si toutes les personnes à convoquer sont présentes ou représentées (et l…
- Profit allocation
- Dissolution rule
- Liquidation rule
- Liquidation distribution
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Of 16,627 companies in sector 86220 we hold annual accounts for 7,974. 6,657 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
Founded23-12-2008
Fiscal year end31-12
Activities, NACEBEL 2025
86220Specialist medical practice
86210General medical practice
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.