LIAP
ActiveSummary
The computed 12-month bankruptcy probability of LIAP is 8.6% (elevated). The 2025 annual accounts show negative equity (-€14,441) and a net result of €4,042. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability.
Bankruptcy probability: Elevated
Axes · tick = 2024
Profitability-
Solvency-
Growth32=
Track record94
Bankruptcy probability, 12 months
8.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
2 d early
2022
2 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 14 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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. Usually files around 15 August (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
-€14,441▲ 21.9%
2024 · -€18,484
Total assets
€708▼ 99.0%
2023 · €70,767
Net result
€4,042
2024 · -€71,512
Working capital
-€18,613
2023 · €53,038
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€19,973-€49,463▲ 148%-€71,140€4,042
Net result€14,614-€37,914▲ 159%-€71,512€4,042
Equity€15,114-€53,028▲ 251%-€18,484-€14,441▲ 21.9%
Total assets€74,060-€70,767▼ 4.4%€708▼ 99.0%
Debt€58,946-€17,739▼ 69.9%€19,191▲ 8.2%€14,441▼ 24.8%
Working capital€12,440-€53,038▲ 326%-€18,613
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 returns to profit in 2025: €4,042 after a loss of €71,140 in 2024.
Key figures and ratios
EBITDA
€4,172▲
2024 · -€70,829
Cash flow
€4,172▲
2024 · -€71,201
Debt to equity
-1.00
Debt ≤ 1 year
€14,441▼
2024 · €19,191
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €9,301 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,899 | €372 | €311 | €129 | ▼ 58.5% |
| Other operating charges640/8 | €1,680 | €1,861 | €9,113 | €424 | ▼ 95.4% |
| Non-recurring operating charges66A | - | €1,250 | - | - | - |
| Gross operating margin9900 | €26,552 | €52,946 | -€52,415 | €4,595 | ▲ 109% |
| Operating profit (loss)9901 | €19,973 | €49,463 | -€71,140 | €4,042 | ▲ 106% |
| Financial income75/76B | €1 | €11 | - | - | - |
| Recurring financial income75 | €1 | €11 | - | - | - |
| Financial charges65/66B | €172 | €102 | €142 | - | - |
| Recurring financial charges65 | €172 | €102 | €142 | - | - |
| Profit (loss) for the period before taxes9903 | €19,801 | €49,372 | -€71,282 | €4,042 | ▲ 106% |
| Income taxes67/77 | €5,187 | €11,458 | €230 | - | - |
| Profit (loss) for the period9904 | €14,614 | €37,914 | -€71,512 | €4,042 | ▲ 106% |
| Profit (loss) for the period to be appropriated9905 | €14,614 | €37,914 | -€71,512 | €4,042 | ▲ 106% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €74,060 | €70,767 | €708 | - | - |
| Fixed assets21/28 | €2,674 | €440 | €129 | - | - |
| Tangible fixed assets22/27 | €2,674 | €440 | €129 | - | - |
| Furniture and vehicles24 | €2,674 | €440 | €129 | - | - |
| Current assets29/58 | €71,386 | €70,327 | €578 | - | - |
| Amounts receivable within one year40/41 | €24,774 | €17,015 | - | - | - |
| Trade receivables40 | €17,972 | €7,000 | - | - | - |
| Other amounts receivable41 | €6,803 | €10,015 | - | - | - |
| Cash at bank and in hand54/58 | €44,850 | €52,106 | - | - | - |
| Deferred charges and accrued income490/1 | €1,761 | €1,205 | €578 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €74,060 | €70,767 | €708 | - | - |
| Equity10/15 | €15,114 | €53,028 | -€18,484 | -€14,441 | ▲ 21.9% |
| Contributions10/11 | €500 | €500 | €500 | €500 | = |
| Capital10 | €500 | €500 | €500 | €500 | = |
| Issued capital100 | €500 | €500 | €500 | €500 | = |
| Reserves13 | €14,614 | €52,528 | - | - | - |
| Distributable reserves133 | €14,614 | €52,528 | - | - | - |
| Profit (loss) carried forward14 | - | - | -€18,984 | -€14,941 | ▲ 21.3% |
| Amounts payable17/49 | €58,946 | €17,739 | €19,191 | €14,441 | ▼ 24.8% |
| Amounts payable within one year42/48 | €58,946 | €17,289 | €19,191 | €14,441 | ▼ 24.8% |
| Trade debts44 | €40,924 | €1,882 | - | - | - |
| Suppliers440/4 | €40,924 | €1,882 | - | - | - |
| Taxes, remuneration and social security45 | €18,022 | €15,408 | €282 | - | - |
| Taxes450/3 | €18,022 | €15,408 | €282 | - | - |
| Other amounts payable47/48 | - | - | €18,909 | €14,441 | ▼ 23.6% |
| Accrued charges and deferred income492/3 | - | €450 | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,614 | €37,914 | -€71,512 | €4,042 | ▲ 106% |
| + Depreciation and write-downs630 | €4,899 | €372 | €311 | €129 | ▼ 58.5% |
| Operating cash flow (approximation) | €19,514 | €38,286 | -€71,201 | €4,172 | ▲ 106% |
| Investment in fixed assets (approximation) | - | €1,862 | €0 | - | - |
| Change in cash | - | €7,256 | - | - | - |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Back to profitnet €4,042
Net result €4,042 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet -€71,512
Net result drops to -€71,512, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €37,914 ▲159%
Operating result €49,463, net result €37,914, both a record.
31-12
Financial
Liquidity triplescurrent ratio 4.07
Current ratio from 1.21 to 4.07; short-term debt falls from €58,946 to €17,289.
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Mouscron · 1 establishment unit since 2024
Ground area
346 m²
Building footprint
166 m²
Volume, LiDAR
1,635 m³
2 parcels, Wallonia · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LIAP
since 20242.354.305.509
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54004K0564/00C000 | Wallonia | 196 m² | 1 · 75 m² | 12.5 m · 3 fl. |
| 57062B0321/00N006 | Wallonia | 150 m² | 1 · 91 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded26-10-2021
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0776524293
Registered
04-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.