LGC Software
ActiveSummary
LGC Software has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73k and a net result of €31k. Equity is growing by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 69% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+48
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 3.67 against 3.44 in 2024; short-term debt: 23.8% and cash: 82.8% of total assets), and 23.8% 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% 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 2025Solvency, return and age of the figures
Solvency
76.2%
Return on assets
32%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-01-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
on the day
2023
1 d early
2022
on the day
2021
on the day
2020
23 d late
2019
3 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€73k▲ 65.8%
2024 · €44k
2019: €20klowest in 7 years
2020: €36k▲ +74.3% vs 2019
2021: €43k▲ +19.8% vs 2020
2022: €44k▲ +2.3% vs 2021
2023: €45k▲ +3.5% vs 2022
2024: €44k▼ -2.3% vs 2023
2025: €73k▲ +65.8% vs 2024highest in 7 years
2019 → 2025
Total assets
€96k▲ 73.5%
2024 · €55k
2019: €37klowest in 7 years
2020: €59k▲ +59.3% vs 2019
2021: €52k▼ -11.1% vs 2020
2022: €57k▲ +8.6% vs 2021
2023: €70k▲ +24.4% vs 2022
2024: €55k▼ -21.4% vs 2023
2025: €96k▲ +73.5% vs 2024highest in 7 years
2019 → 2025
Net result
€31k▲ 4,629%
2024 · €649
2019: €7k
2020: €15k▲ +117% vs 2019
2021: €7k▼ -53.6% vs 2020
2022: €993▼ -85.9% vs 2021
2023: €2k▲ +52.1% vs 2022
2024: €649▼ -57.0% vs 2023lowest in 7 years
2025: €31k▲ +4629% vs 2024highest in 7 years
2019 → 2025
Working capital
€61k▲ 123%
2024 · €27k
2019: €15klowest in 7 years
2020: €35k▲ +129% vs 2019
2021: €42k▲ +22.2% vs 2020
2022: €43k▲ +2.3% vs 2021
2023: €24k▼ -45.4% vs 2022
2024: €27k▲ +15.5% vs 2023
2025: €61k▲ +123% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€44k▲ 2.3%€45k▲ 3.5%€44k▼ 2.3%€73k▲ 65.8%
2021: €43klowest in 5 years
2022: €44k▲ +2.3% vs 2021
2023: €45k▲ +3.5% vs 2022
2024: €44k▼ -2.3% vs 2023
2025: €73k▲ +65.8% vs 2024highest in 5 years
Operating result€11k-€2k▼ 82.9%€2k▲ 32.9%€3k▲ 33.2%€46k▲ 1,276%
2021: €11k
2022: €2k▼ -82.9% vs 2021lowest in 5 years
2023: €2k▲ +32.9% vs 2022
2024: €3k▲ +33.2% vs 2023
2025: €46k▲ +1276% vs 2024highest in 5 years
Net result€7k-€993▼ 85.9%€2k▲ 52.1%€649▼ 57.0%€31k▲ 4,629%
2021: €7k
2022: €993▼ -85.9% vs 2021
2023: €2k▲ +52.1% vs 2022
2024: €649▼ -57.0% vs 2023lowest in 5 years
2025: €31k▲ +4629% vs 2024highest in 5 years
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 three years in a row; 2025 is 1,276% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96k
Fixed assets
€12k ▼ 28.0%
Current assets
€84k ▲ 118%
Equity and liabilities €96k
Equity
€73k ▲ 65.8%
Debt
€23k ▲ 104%
Debt's share of the balance-sheet total rises from 20.3% to 23.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€50k▲
2024 · €8k
Cash flow
€35k▲
2024 · €5k
Current ratio
3.67▲
2024 · 3.44
Debt to equity
0.31▲
2024 · 0.25
ROE
42.0%▲
2024 · 1.5%
ROA
32.0%▲
2024 · 1.2%
Interest coverage
822.35▲
2024 · 3.79
Debt ≤ 1 year
€23k▲
2024 · €11k
Income taxes
€15k▲
2024 · €553
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€55k€96k▲
Fixed assets21/28€17k€12k▼
Tangible fixed assets22/27€17k€12k▼
Plant, machinery and equipment23€17k€12k▼
Financial fixed assets28€250€250=
Current assets29/58€39k€84k▲
Amounts receivable within one year40/41€2k€4k▲
Trade receivables40€2k€4k▲
Other amounts receivable41€447-
Cash at bank and in hand54/58€36k€79k▲
Deferred charges and accrued income490/1€364€257▼
Equity and liabilities
Total equity and liabilities10/49€55k€96k▲
Equity10/15€44k€73k▲
Contributions10/11€6k€6k=
Reserves13€38k€67k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€36k€65k▲
Profit (loss) carried forward14€356€356=
Amounts payable17/49€11k€23k▲
Amounts payable within one year42/48€11k€23k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45-€5k
Taxes450/3-€5k
Other amounts payable47/48€9k€15k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€999€996▼
Gross operating margin9900€9k€51k▲
Operating profit (loss)9901€3k€46k▲
Financial charges65/66B€2k€61▼
Recurring financial charges65€2k€61▼
Profit (loss) for the period before taxes9903€1k€46k▲
Income taxes67/77€553€15k▲
Profit (loss) for the period9904€649€31k▲
Profit (loss) for the period to be appropriated9905€649€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€31k▲
Profit (loss) brought forward from the previous period14P€356€356=
Transfer from equity791/2€2k€2k=
Transfer to equity691/2€649€31k▲
To other reserves6921€649€31k▲
Profit to be distributed694/7€2k€2k=
Return on contributions (dividend)694€2k€2k=
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | - | €2k | €5k | €5k | = |
| Other operating charges640/8 | - | €846 | €869 | €999 | €996 | ▼ 0.3% |
| Gross operating margin9900 | €15k | €3k | €6k | €9k | €51k | ▲ 470% |
| Operating profit (loss)9901 | €11k | €2k | €2k | €3k | €46k | ▲ 1,276% |
| Financial charges65/66B | - | €48 | €49 | €2k | €61 | ▼ 97.1% |
| Recurring financial charges65 | €30 | €48 | €49 | €2k | €61 | ▼ 97.1% |
| Profit (loss) for the period before taxes9903 | €11k | €2k | €2k | €1k | €46k | ▲ 3,687% |
| Income taxes67/77 | €4k | €832 | €931 | €553 | €15k | ▲ 2,582% |
| Profit (loss) for the period9904 | €7k | €993 | €2k | €649 | €31k | ▲ 4,629% |
| Profit (loss) for the period to be appropriated9905 | €7k | €993 | €2k | €649 | €31k | ▲ 4,629% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €52k | €57k | €70k | €55k | €96k | ▲ 73.5% |
| Fixed assets21/28 | €250 | €250 | €21k | €17k | €12k | ▼ 28.0% |
| Tangible fixed assets22/27 | - | - | €21k | €17k | €12k | ▼ 28.4% |
| Plant, machinery and equipment23 | - | - | €21k | €17k | €12k | ▼ 28.4% |
| Financial fixed assets28 | €250 | €250 | €250 | €250 | €250 | = |
| Current assets29/58 | €52k | €56k | €49k | €39k | €84k | ▲ 118% |
| Amounts receivable within one year40/41 | - | €3k | €4k | €2k | €4k | ▲ 86.6% |
| Trade receivables40 | - | €442 | €2k | €2k | €4k | ▲ 133% |
| Other amounts receivable41 | - | €2k | €2k | €447 | - | - |
| Cash at bank and in hand54/58 | €52k | €53k | €45k | €36k | €79k | ▲ 121% |
| Deferred charges and accrued income490/1 | - | €235 | €219 | €364 | €257 | ▼ 29.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €52k | €57k | €70k | €55k | €96k | ▲ 73.5% |
| Equity10/15 | €43k | €44k | €45k | €44k | €73k | ▲ 65.8% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €36k | €37k | €39k | €38k | €67k | ▲ 77.3% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €35k | €37k | €36k | €65k | ▲ 81.3% |
| Profit (loss) carried forward14 | €356 | €356 | €356 | €356 | €356 | = |
| Amounts payable17/49 | €9k | €13k | €25k | €11k | €23k | ▲ 104% |
| Amounts payable within one year42/48 | €9k | €13k | €25k | €11k | €23k | ▲ 104% |
| Trade debts44 | €538 | €696 | €23k | €2k | €3k | ▲ 21.5% |
| Suppliers440/4 | - | €696 | €23k | €2k | €3k | ▲ 21.5% |
| Taxes, remuneration and social security45 | - | €37 | - | - | €5k | - |
| Taxes450/3 | - | €37 | - | - | €5k | - |
| Other amounts payable47/48 | - | €12k | €3k | €9k | €15k | ▲ 71.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €993 | €2k | €649 | €31k | ▲ 4,629% |
| + Depreciation and write-downs630 | €3k | - | €2k | €5k | €5k | = |
| Operating cash flow (approximation) | €10k | €993 | €4k | €5k | €35k | ▲ 563% |
| Investment in fixed assets (approximation) | - | €0 | €-23k | €0 | €0 | - |
| Change in cash | - | €2k | €-9k | €-9k | €44k | ▲ 590% |
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
Next filing, fiscal year 2026, expected by
2026
22-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €31k ▲4,629%
Operating result €46k, net result €31k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Weakest financial yearnet €649 ▼57%
Net result drops to €649, the lowest in the series; recovery starts the following year.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Liquidity doublescurrent ratio 5.47
Current ratio from 2.66 to 5.47; short-term debt falls from €21k to €9k.
23-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Mortsel · 1 establishment unit since 2010
Ground area
434 m²
Building footprint
135 m²
Volume, LiDAR
782 m³
Parcel 11512B0008/00B002, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LGC Software
since 20102.191.116.964
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11512B0008/00B002 | Flanders | 434 m² | 1 · 134 m² | 9.0 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.
Recognitions · licences · registrations
Legal Entity Identifier
699400DCQ6EXMCRU0C90
Similar companies · same sector, comparable size
CONVARE
BE 1009.011.519
Zaventem · Eq €73,169
ADVANCED TASKS
BE 0649.695.706
Chastre · Eq €73,131
CESAM
BE 0867.028.263
Durbuy · Eq €73,200
MARINE SOFTWARE DEVELOPMENT
BE 0666.816.305
Antwerpen · Eq €73,099
SMOOTHLY
BE 0893.981.791
Waterloo · Eq €73,205
Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 6,925 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 (pre-2019)
Founded27-07-2010
Fiscal year end30-06
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.