LIBACO
ActiveSummary
LIBACO has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €606k and a net result of €41k. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 2276 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-23
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 6.9 against 25.2 in 2024; short-term debt: 3.1% and cash: 18.6% of total assets), and 3.1% 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 82
Relative position
BE, all sectors
reference
Sector 82
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 2025Solvency, return and age of the figures
Solvency
96.9%
Return on assets
6.5%
Age of the figures
9 mo
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 · 9 filingsDeviation from the deadline
2025
14 d early
2024
13 d early
2023
19 d early
2022
12 d early
2021
30 d early
2020
17 d early
2019
22 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 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
€606k▼ 25.7%
2024 · €816k
2018: €283k
2019: €384k
2020: €447k
2021: €356k
2022: €567k
2023: €850k
2024: €816k
2018 → 2025
Total assets
€626k▼ 24.6%
2024 · €831k
2018: €331k
2019: €396k
2020: €578k
2021: €517k
2022: €589k
2023: €879k
2024: €831k
2018 → 2025
Net result
€41k▼ 84.7%
2024 · €266k
2018: €165k
2019: €101k
2020: €163k
2021: €54k
2022: €211k
2023: €283k
2024: €266k
2018 → 2025
Working capital
€116k▼ 68.1%
2024 · €364k
2018: €207k
2019: €308k
2020: €155k
2021: €65k
2022: €189k
2023: €442k
2024: €364k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€356k-€567k▲ 59.1%€850k▲ 49.9%€816k▼ 4.0%€606k▼ 25.7%
Operating result€73k-€66k▼ 9.6%€64k▼ 2.4%€61k▼ 5.1%€57k▼ 7.1%
Net result€54k-€211k▲ 292%€283k▲ 34.2%€266k▼ 6.0%€41k▼ 84.7%
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 has fallen four years in a row; 2025 is 7% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €626k
Fixed assets
€491k ▲ 8.5%
Current assets
€136k ▼ 64.2%
Equity and liabilities €626k
Equity
€606k ▼ 25.7%
Debt
€20k ▲ 30.8%
Debt's share of the balance-sheet total rises from 1.8% to 3.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€59k▼
2024 · €62k
Cash flow
€43k▼
2024 · €268k
Current ratio
6.90▼
2024 · 25.20
Debt to equity
0.03▲
2024 · 0.02
ROE
6.7%▼
2024 · 32.6%
ROA
6.5%▼
2024 · 32.0%
Interest coverage
139.22▼
2024 · 195.26
Debt ≤ 1 year
€20k▲
2024 · €15k
Income taxes
€16k▼
2024 · €17k
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 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€831k€626k▼
Fixed assets21/28€452k€491k▲
Tangible fixed assets22/27€2k€11k▲
Furniture and vehicles24€2k€11k▲
Financial fixed assets28€450k€479k▲
Current assets29/58€379k€136k▼
Amounts receivable within one year40/41€13k€19k▲
Trade receivables40€9k€16k▲
Other amounts receivable41€3k€3k=
Cash at bank and in hand54/58€366k€117k▼
Equity and liabilities
Total equity and liabilities10/49€831k€626k▼
Equity10/15€816k€606k▼
Contributions10/11€19k€19k=
Reserves13€797k€588k▼
Distributable reserves133€797k€588k▼
Amounts payable17/49€15k€20k▲
Amounts payable within one year42/48€15k€20k▲
Trade debts44€613€6k▲
Suppliers440/4€613€6k▲
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€10k€11k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€404€998▲
Gross operating margin9900€63k€60k▼
Operating profit (loss)9901€61k€57k▼
Financial income75/76B€222k-
Recurring financial income75€222k-
Financial charges65/66B€320€421▲
Recurring financial charges65€320€421▲
Profit (loss) for the period before taxes9903€283k€56k▼
Income taxes67/77€17k€16k▼
Profit (loss) for the period9904€266k€41k▼
Profit (loss) for the period to be appropriated9905€266k€41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€266k€41k▼
Transfer from equity791/2€300k€250k▼
Transfer to equity691/2€266k€41k▼
To other reserves6921€266k€41k▼
Profit to be distributed694/7€300k€250k▼
Return on contributions (dividend)694€300k€250k▼
The notes to these accounts (9 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €41k ▼84.7%
Net result drops to €41k, the lowest in the series.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €283k ▲34.2%
Net result €283k, the highest in the series.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity times 7current ratio 9.67
Current ratio from 1.41 to 9.67; short-term debt falls from €161k to €22k.
31-12
Financial
Equity above €500kEq €567k ▲59.1%
5 profitable years in a row build equity to €567k.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity times 5current ratio 26.36
Current ratio from 5.30 to 26.36; short-term debt falls from €48k to €12k.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro 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.
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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, Brussel · 1 establishment unit since 2016
Ground area
112 m²
Building footprint
93 m²
Volume, LiDAR
1,396 m³
Parcel 21812N1075/00D000, Brussels · tallest building 19.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
LIBACO
since 20162.260.187.991
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N1075/00D000 | Brussels | 112 m² | 1 · 93 m² | 19.5 m · 5 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.
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Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 5,522 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
Founded30-12-2016
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.