LHB
ActiveSummary
LHB has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €640,836 and a net result of €213,828. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 34% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability46▲+4
Solvency61▼-16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 1.85 against 5.68 in 2024; short-term debt: 39.6% and cash: 1.6% of total assets), but 64.1% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 · 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
35.9%
Return on assets
12%
Age of the figures
9 mo
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
34 d early
2023
29 d early
2022
34 d early
2021
32 d early
2020
33 d early
2019
37 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 30 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€640,836▼ 1.1%
2024 · €647,740
Total assets
€1.8m▲ 44.4%
2024 · €1.2m
Net result
€213,828▲ 122%
2024 · €96,236
Working capital
€596,991▼ 7.2%
2024 · €643,366
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€245,846▲ 42.6%€251,120▲ 2.1%€304,793▲ 21.4%€340,856▲ 11.8%€846,653▲ 148%
Net result€71,770above the sector's middle half▼ 16.8%€75,422above the sector's middle half▲ 5.1%€95,503above the sector's middle half▲ 26.6%€96,236above the sector's middle half▲ 0.8%€213,828above the sector's middle half▲ 122%
Equity€632,006above the sector's middle half▲ 12.8%€474,601above the sector's middle half▼ 24.9%€570,104above the sector's middle half▲ 20.1%€647,740above the sector's middle half▲ 13.6%€640,836above the sector's middle half▼ 1.1%
Total assets€976,079above the sector's middle half▲ 14.0%€1.0mabove the sector's middle half▲ 5.5%€1.3mabove the sector's middle half▲ 23.3%€1.2mabove the sector's middle half▼ 2.7%€1.8mabove the sector's middle half▲ 44.4%
Debt€344,073▲ 16.4%€555,300▲ 61.4%€699,921▲ 26.0%€587,473▼ 16.1%€1.1m▲ 94.4%
Working capital€342,093▲ 4.0%€453,232▲ 32.5%€585,431▲ 29.2%€643,366▲ 9.9%€596,991▼ 7.2%
Solvency64.7%within the sector's middle half▼ 0.7pp46.1%within the sector's middle half▼ 18.7pp44.9%within the sector's middle half▼ 1.2pp52.4%within the sector's middle half▲ 7.6pp35.9%within the sector's middle half▼ 16.5pp
Staff (FTE)1.3▲ 18.2%1.3=1.4▲ 7.7%1.6▲ 14.3%1.7▲ 6.3%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 148% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets
€480,425 ▲ 5.7%
Current assets
€1.3m ▲ 66.8%
Equity and liabilities €1.8m
Equity
€640,836 ▼ 1.1%
Debt
€1.1m ▲ 94.4%
Debt's share of the balance-sheet total rises from 47.6% to 64.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€861,138▲
2024 · €358,755
Cash flow
€228,314▲
2024 · €114,136
Current ratio
1.85▼
2024 · 5.68
Debt to equity
1.78▲
2024 · 0.91
ROE
33.4%▲
2024 · 14.9%
ROA
12.0%▲
2024 · 7.8%
Interest coverage
1.44▼
2024 · 1.57
Debt ≤ 1 year
€705,685▲
2024 · €137,453
Debt > 1 year
€295,800▼
2024 · €330,200
Income taxes
€95,551▲
2024 · €41,148
Staff costs
€76,918▲
2024 · €63,607
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,672 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €376 | - | - | - |
| Remuneration, social security and pensions62 | €37,154 | €43,212 | €64,476 | €63,607 | €76,918 | ▲ 20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,509 | €14,224 | €22,086 | €17,900 | €14,485 | ▼ 19.1% |
| Other operating charges640/8 | €267 | €395 | €353 | €499 | €386 | ▼ 22.7% |
| Gross operating margin9900 | €294,776 | €308,952 | €391,707 | €422,861 | €938,442 | ▲ 122% |
| Operating profit (loss)9901 | €245,846 | €251,120 | €304,793 | €340,856 | €846,653 | ▲ 148% |
| Financial income75/76B | €26,751 | €34,817 | €16,284 | €24,790 | €60,470 | ▲ 144% |
| Recurring financial income75 | €26,751 | €34,817 | €16,284 | €24,790 | €41,776 | ▲ 68.5% |
| Non-recurring financial income76B | - | - | - | - | €18,694 | - |
| Financial charges65/66B | €171,901 | €179,680 | €185,985 | €228,261 | €597,743 | ▲ 162% |
| Recurring financial charges65 | €171,901 | €179,680 | €185,985 | €228,261 | €597,743 | ▲ 162% |
| Profit (loss) for the period before taxes9903 | €100,696 | €106,256 | €135,091 | €137,385 | €309,379 | ▲ 125% |
| Income taxes67/77 | €28,926 | €30,834 | €39,588 | €41,148 | €95,551 | ▲ 132% |
| Profit (loss) for the period9904 | €71,770 | €75,422 | €95,503 | €96,236 | €213,828 | ▲ 122% |
| Profit (loss) for the period to be appropriated9905 | €71,770 | €75,422 | €95,503 | €96,236 | €213,828 | ▲ 122% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €976,079 | €1.0m | €1.3m | €1.2m | €1.8m | ▲ 44.4% |
| Fixed assets21/28 | €422,863 | €470,098 | €472,294 | €454,395 | €480,425 | ▲ 5.7% |
| Tangible fixed assets22/27 | €422,863 | €470,098 | €472,294 | €454,395 | €480,425 | ▲ 5.7% |
| Land and buildings22 | €400,000 | €400,000 | €400,000 | €400,000 | €400,000 | = |
| Furniture and vehicles24 | €22,863 | €61,253 | €64,541 | €47,734 | €74,857 | ▲ 56.8% |
| Other tangible fixed assets26 | - | €8,846 | €7,753 | €6,661 | €5,568 | ▼ 16.4% |
| Current assets29/58 | €553,216 | €559,803 | €797,731 | €780,819 | €1.3m | ▲ 66.8% |
| Amounts receivable within one year40/41 | €338,466 | €541,560 | €789,992 | €765,786 | €1.3m | ▲ 66.4% |
| Trade receivables40 | €2,392 | €21,560 | €29,580 | €32,324 | €24,592 | ▼ 23.9% |
| Other amounts receivable41 | €336,074 | €520,000 | €760,412 | €733,462 | €1.3m | ▲ 70.4% |
| Cash at bank and in hand54/58 | €214,750 | €18,242 | €7,739 | €15,033 | €28,083 | ▲ 86.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €976,079 | €1.0m | €1.3m | €1.2m | €1.8m | ▲ 44.4% |
| Equity10/15 | €632,006 | €474,601 | €570,104 | €647,740 | €640,836 | ▼ 1.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | - | - | - |
| Reserves13 | €613,406 | €456,001 | €551,504 | €647,740 | €640,836 | ▼ 1.1% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €611,546 | €454,141 | €551,504 | €647,740 | €640,836 | ▼ 1.1% |
| Amounts payable17/49 | €344,073 | €555,300 | €699,921 | €587,473 | €1.1m | ▲ 94.4% |
| Amounts payable after more than one year17 | €100,000 | €315,000 | €363,000 | €330,200 | €295,800 | ▼ 10.4% |
| Financial debts170/4 | €100,000 | €315,000 | €363,000 | €330,200 | €295,800 | ▼ 10.4% |
| Amounts payable within one year42/48 | €211,123 | €106,570 | €212,300 | €137,453 | €705,685 | ▲ 413% |
| Current portion of amounts payable after more than one year42 | €50,000 | €69,030 | €96,000 | €99,400 | €174,400 | ▲ 75.5% |
| Trade debts44 | €3,528 | €345 | €4,588 | €412 | €17,979 | ▲ 4,268% |
| Suppliers440/4 | €3,528 | €345 | €4,588 | €412 | €17,979 | ▲ 4,268% |
| Taxes, remuneration and social security45 | €26,815 | €29,334 | €26,198 | €37,641 | €81,401 | ▲ 116% |
| Taxes450/3 | €21,802 | €22,655 | €16,935 | €28,517 | €71,624 | ▲ 151% |
| Remuneration and social security454/9 | €5,013 | €6,679 | €9,263 | €9,124 | €9,777 | ▲ 7.2% |
| Other amounts payable47/48 | €130,780 | €7,861 | €85,513 | - | €431,905 | - |
| Accrued charges and deferred income492/3 | €32,950 | €133,730 | €124,622 | €119,821 | €140,780 | ▲ 17.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €71,770 | €75,422 | €95,503 | €96,236 | €213,828 | ▲ 122% |
| + Depreciation and write-downs630 | €11,509 | €14,224 | €22,086 | €17,900 | €14,485 | ▼ 19.1% |
| Operating cash flow (approximation) | €83,280 | €89,646 | €117,589 | €114,136 | €228,314 | ▲ 100% |
| Investment in fixed assets (approximation) | - | -€61,459 | -€24,282 | €0 | -€40,516 | - |
| Change in cash | - | -€196,508 | -€10,503 | €7,293 | €13,050 | ▲ 78.9% |
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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €213,828 ▲122%
Operating result €846,653, net result €213,828, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €500,000Eq €570,104 ▲20.1%
6 profitable years in a row build equity to €570,104.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 5.25
Current ratio from 2.62 to 5.25; short-term debt falls from €211,123 to €106,570.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 4.56
Current ratio from 2.28 to 4.56.
31-12
Financial
Equity above €500,000Eq €560,236 ▲18.2%
3 profitable years in a row build equity to €560,236.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
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 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, Beringen · 1 establishment unit since 2013
Ground area
5,814 m²
Building footprint
311 m²
Parcel 71004B0659/00Z000, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Lummenseweg 43, 3580 Beringen
since 20132.216.593.025
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71004B0659/00Z000 | Flanders | 5,814 m² | 1 · 311 m² | - |
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
967600BL45PA6T2R7X89
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 32,479 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
Founded08-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
33200Installation of industrial machinery and equipment
64210Activities of holding companies
74999Other professional, scientific and technical activities
82990Other business support services
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0503934992
Also
9925:BE0503934992
Registered
13-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.