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LGS

Active
Private limited companyfounded 201313 yrs activeBoslaan 13, 2820 Bonheiden, BelgiumKBO/BCE: BE 0536.563.616

LGS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €19k. Equity is shrinking by ~22.9% per year across the filed fiscal years. Its solvency ranks better than 69% of 315 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
81 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency67▲+10
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.71 against 1.48 in 2024; short-term debt: 57.5% and cash: 57.4% of total assets), but 57.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Sector 78
lower
← 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 2025
Solvency, return and age of the figures
Solvency
42.5%
Return on assets
37.3%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 13 years 0 20 y
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €22k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-04-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 d early
2024
50 d late
2023
2 d early
2022
1 d early
2021
364 d late
2020
729 d late
2019
1094 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€22k▲ 46.9%
2024 · €15k
2018: €169k 2019: €44k 2020: €44k 2021: €44k 2022: €64k 2023: €839 2024: €15k
2018 → 2025
Total assets
€51k▲ 12.0%
2024 · €45k
2018: €386k 2019: €215k 2020: €215k 2021: €215k 2022: €245k 2023: €839 2024: €45k
2018 → 2025
Net result
€19k▲ 36.6%
2024 · €14k
2018: €64k 2019: €212 2020: €0 2021: €0 2022: €20k 2023: €-40k 2024: €14k
2018 → 2025
Working capital
€21k▲ 41.1%
2024 · €15k
2018: €178k 2022: €243k 2024: €15k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€44k-€64k▲ 44.8%€839▼ 98.7%€15k▲ 1,647%€22k▲ 46.9%
Operating result€0-€-4k€-26k▼ 591%€20k€30k▲ 50.9%
Net result€0-€20k€-40k€14k€19k▲ 36.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2021: €0€0Net result 2021: €0€0Operating result 2022: €-4k€-4kNet result 2022: €20k€20kOperating result 2023: €-26k€-26kNet result 2023: €-40k€-40kOperating result 2024: €20k€20kNet result 2024: €14k€14kOperating result 2025: €30k€30kNet result 2025: €19k€19k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 51% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets €847
Current assets €50k
Equity and liabilities €51k
Equity €22k▲ 46.9%
Debt €29k▼ 4.7%
The debt ratio falls from 67.6% to 57.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€30k
Cash flow
€19k
Solvency
42.5%
2024 · 32.4%
Current ratio
1.71
2024 · 1.48
Quick ratio
1.71
2024 · 1.48
Debt / equity
1.35
2024 · 2.08
ROE
87.7%
2024 · 94.3%
ROA
37.3%
2024 · 30.6%
Interest coverage
3747.13
Debt
€29k
2024 · €31k
Debt ≤ 1 year
€29k
2024 · €31k
Income taxes
€11k
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€45k€51k
Fixed assets21/28-€847
Tangible fixed assets22/27-€847
Furniture and vehicles24-€847
Current assets29/58€45k€50k
Amounts receivable within one year40/41€20k€21k
Trade receivables40€16k€21k
Other amounts receivable41€4k-
Cash at bank and in hand54/58€25k€29k
Deferred charges and accrued income490/1€125-
Equity and liabilities
Total equity and liabilities10/49€45k€51k
Equity10/15€15k€22k
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-6k€1k
Amounts payable17/49€31k€29k
Amounts payable within one year42/48€31k€29k
Trade debts44€10k€210
Suppliers440/4€10k€210
Taxes, remuneration and social security45€21k€17k
Taxes450/3€6k€17k
Remuneration and social security454/9€15k-
Other amounts payable47/48-€12k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€423
Other operating charges640/8€437€1k
Gross operating margin9900€20k€31k
Operating profit (loss)9901€20k€30k
Financial charges65/66B€2€8
Recurring financial charges65€2€8
Profit (loss) for the period before taxes9903€20k€30k
Income taxes67/77€6k€11k
Profit (loss) for the period9904€14k€19k
Profit (loss) for the period to be appropriated9905€14k€19k
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€13k
Profit (loss) brought forward from the previous period14P€-20k€-6k
Profit to be distributed694/7-€12k
Return on contributions (dividend)694-€12k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
26-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
19-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 50 days late
2024
30-09
Financial Back to profitnet €14k
Net result €14k after one loss-making year.
28-04
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial Weakest financial yearnet €-40k ▼300%
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
29-04
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
29-04
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 364 days late
29-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 729 days late
29-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 1094 days late
2022
30-09
Financial Back to profitnet €20k
Net result €20k after 2 loss-making years.
2019
21-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
30-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
19-10
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 172 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Bonheiden · 1 establishment unit since 2013
establishment The establishment unit on the map
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.

Boslaan 132820 Bonheiden
Ground area
1,915 m²
Building footprint
297 m²
Volume, LiDAR
1,234 m³
2 parcels, Flanders · tallest building 7.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Prim Consulting
Veldweg 1, 9270 LaarneActivities of head offices; management consultancy activities
since 20132.221.355.329
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42010B0850/00G000 Flanders 1,091 m² 1 · 154 m² 5.7 m · 1 fl.
12005B0139/00C000 Flanders 824 m² 1 · 143 m² 7.2 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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

Of 1,014 companies in sector 78200 we hold annual accounts for 645. 368 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded10-07-2013
Fiscal year end30-09
Activities, NACEBEL
78200Temporary employment agencies and other provision of personnel
78300Employment activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.