Equity
LIBACO paid out €250,000 in dividends. That is 616% of the 2025 profit.
LIBACO paid out €250,000 in dividends. That is 616% of the 2025 profit.
The result fell in 2025 from €265,927 to €40,569.
Green is investment, beige is depreciation.
Short-term debts rose from €15,033 to €19,664.
The 2018 accounts came 61 days late. The other eight were filed on time.
Higher solvency than 95% of companies in office administrative support. Sector median 41.3% · 2,829 companies.
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 88% of them on solvency, 67% on liquidity, 48% on profitability and 19% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Liquidity is ample, with a current ratio of 6.9 (25.2 in 2024), above the usual 1.5. Short-term debt is 3.1% and cash 18.6% of total assets. 3.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 18 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
These companies have the same main activity as LIBACO: other business support services (NACE 82990). They are comparable in size and age: total assets between €498,000 and €713,000, founded between 2015 and 2017.
LIBACO files the abbreviated format. That format states no turnover. The gross margin fell from €161,179 in 2017 to €59,555 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €96,000 and €160,000.
Higher than 95% of 2,829 companies in 2025.
Higher than 86% of 2,718 companies in 2025.
Higher than 59% of 2,776 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
626,152 | 830,951 | 879,489 | 589,007 | 517,234 | 578,463 | 396,157 | 330,812 | 230,590 | |
21/28 |
490,503 | 452,103 | 407,689 | 378,001 | 290,978 | 291,651 | 76,187 | 75,419 | 75,839 | |
22/27 |
11,495 | 2,095 | 3,681 | 3,993 | 2,978 | 3,651 | 1,187 | 419 | 839 | |
24 |
11,495 | 2,095 | 3,681 | 3,993 | 2,978 | 3,651 | 1,187 | 419 | 839 | |
28 |
479,008 | 450,008 | 404,008 | 374,008 | 288,000 | 288,000 | 75,000 | 75,000 | 75,000 | |
29/58 |
135,649 | 378,849 | 471,800 | 211,006 | 226,256 | 286,812 | 319,970 | 255,392 | 154,751 | |
40/41 |
18,906 | 12,576 | - | 16,097 | 10,391 | 80,175 | 78,950 | 33,575 | 74,316 | |
40 |
15,517 | 9,187 | - | 11,669 | 9,075 | 21,175 | 54,450 | 9,075 | 74,316 | |
41 |
3,389 | 3,389 | - | 4,428 | 1,316 | 59,000 | 24,500 | 24,500 | - | |
54/58 |
116,743 | 366,273 | 471,800 | 194,909 | 215,865 | 206,637 | 241,020 | 221,817 | 80,435 | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
626,152 | 830,951 | 879,489 | 589,007 | 517,234 | 578,463 | 396,157 | 330,812 | 230,590 | |
10/15 |
606,488 | 815,919 | 849,991 | 567,182 | 356,460 | 446,736 | 384,021 | 282,629 | 117,217 | |
10/11 |
18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 12,600 | 12,600 | 12,600 | 12,600 | |
100 |
- | - | - | - | - | - | 18,550 | 18,550 | 18,550 | |
101 |
- | - | - | - | - | - | 5,950 | 5,950 | 5,950 | |
13 |
587,938 | 797,369 | 831,441 | 548,632 | 337,910 | 434,136 | 371,421 | 270,029 | 104,617 | |
130/1 |
- | - | - | 1,855 | 1,855 | 1,855 | - | - | - | |
130 |
- | - | - | - | - | - | 1,855 | 1,855 | 1,855 | |
1311 |
- | - | - | 1,855 | 1,855 | 1,855 | - | - | - | |
133 |
587,938 | 797,369 | 831,441 | 546,777 | 336,055 | 432,281 | 369,566 | 268,174 | 102,762 | |
17/49 |
19,664 | 15,033 | 29,498 | 21,824 | 160,774 | 131,727 | 12,136 | 48,183 | 113,373 | |
42/48 |
19,664 | 15,033 | 29,498 | 21,824 | 160,774 | 131,727 | 12,136 | 48,183 | 113,373 | |
44 |
5,683 | 613 | 384 | 4,917 | - | 98 | 205 | 10,000 | 467 | |
440/4 |
5,683 | 613 | 384 | 4,917 | - | 98 | 205 | 10,000 | 467 | |
45 |
3,358 | 4,319 | 12,983 | 6,151 | 3,904 | 27,142 | 7,212 | 26,337 | 30,730 | |
450/3 |
3,358 | 4,319 | 12,983 | 6,151 | 3,904 | 27,142 | 7,212 | 26,337 | 30,730 | |
47/48 |
10,624 | 10,101 | 16,130 | 10,756 | 156,870 | 104,487 | 4,720 | 11,846 | 82,176 | |
| Income statement | ||||||||||
9900 |
59,555 | 62,849 | 66,244 | 67,468 | 74,471 | 173,731 | 99,046 | 191,891 | 161,179 | |
630 |
2,045 | 1,587 | 1,706 | 1,320 | 908 | 574 | 716 | 419 | 419 | |
640/8 |
998 | 404 | 420 | 423 | 835 | - | 364 | - | - | |
9901 |
56,512 | 60,858 | 64,118 | 65,724 | 72,727 | 173,156 | 97,966 | 191,472 | 160,760 | |
75/76B |
- | 222,000 | 236,800 | 162,150 | - | 34,500 | 24,500 | 24,500 | 0 | |
75 |
- | 222,000 | 236,800 | 162,150 | - | 34,500 | 24,500 | 24,500 | 0 | |
65/66B |
421 | 320 | 704 | 263 | 269 | 257 | 182 | 231 | 205 | |
65 |
421 | 320 | 704 | 263 | 269 | 257 | 182 | 231 | 205 | |
9903 |
56,092 | 282,538 | 300,213 | 227,611 | 72,458 | 207,399 | 122,284 | 215,741 | 160,555 | |
67/77 |
15,523 | 16,611 | 17,404 | 16,888 | 18,684 | 44,684 | 20,892 | 50,330 | 55,938 | |
9904 |
40,569 | 265,927 | 282,809 | 210,723 | 53,774 | 162,715 | 101,392 | 165,412 | 104,617 | |
9905 |
40,569 | 265,927 | 282,809 | 210,723 | 53,774 | 162,715 | 101,392 | 165,412 | 104,617 | |
| Appropriation of the result | ||||||||||
9906 |
40,569 | 265,927 | 282,809 | 210,723 | 53,774 | 162,715 | 101,392 | 165,412 | 104,617 | |
791/2 |
250,000 | 300,000 | - | - | 96,226 | - | - | - | - | |
691/2 |
40,569 | 265,927 | 282,809 | 210,723 | - | 62,715 | 101,392 | 165,412 | 104,617 | |
6920 |
- | - | - | - | - | - | - | - | 1,855 | |
6921 |
40,569 | 265,927 | 282,809 | 210,723 | - | 62,715 | 101,392 | 165,412 | 102,762 | |
694/7 |
250,000 | 300,000 | - | - | 150,000 | 100,000 | - | - | - | |
694 |
250,000 | 300,000 | - | - | 150,000 | 100,000 | - | - | - | |
| Document | ||||||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 17-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 17-07-2026 | 2026-00304760 | |
| 31-12-2024 | abbreviated format | 18-07-2025 | 2025-00285186 | |
| 31-12-2023 | abbreviated format | 12-07-2024 | 2024-00239027 | |
| 31-12-2022 | abbreviated format | 19-07-2023 | 2023-00249429 | |
| 31-12-2021 | abbreviated format | 01-07-2022 | 2022-20135165 | |
| 31-12-2020 | abbreviated format | 14-07-2021 | 2021-35300396 | |
| 31-12-2019 | micro format | 09-07-2020 | 2020-28200181 | |
| 31-12-2018 | micro format | 30-09-2019 | 2019-68200549 | |
| 31-12-2017 | micro format | 12-07-2018 | 2018-31500558 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| 58,557 | 62,445 | 65,824 | 67,044 | 73,636 | 173,731 | 98,682 | 191,891 | 161,179 | ||
| 42,614 | 267,514 | 284,515 | 212,043 | 54,683 | 163,289 | 102,108 | 165,831 | 105,037 | ||
| 40,445 | 46,000 | 31,395 | 88,343 | 236 | 216,038 | 1,484 | 0 | 76,258 | ||
| -249,529 | -105,527 | 276,891 | -20,955 | 9,228 | -34,383 | 19,202 | 141,382 | - | ||
| 115,985 | 363,816 | 442,302 | 189,182 | 65,482 | 155,085 | 307,833 | 207,210 | 41,378 | ||
| 96.9% | 98.2% | 96.6% | 96.3% | 68.9% | 77.2% | 96.9% | 85.4% | 50.8% | ||
| 6.90 | 25.20 | 15.99 | 9.67 | 1.41 | 2.18 | 26.36 | 5.30 | 1.36 | ||
| 0.03 | 0.02 | 0.03 | 0.04 | 0.45 | 0.29 | 0.03 | 0.17 | 0.97 | ||
| 6.7% | 32.6% | 33.3% | 37.2% | 15.1% | 36.4% | 26.4% | 58.5% | 89.3% | ||
| 6.5% | 32.0% | 32.2% | 35.8% | 10.4% | 28.1% | 25.6% | 50.0% | 45.4% | ||
| over 100 | over 100 | 93.46 | over 100 | over 100 | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €11,445 | - | €1,395 | €2,335 | €236 |
| Financial fixed assets | €29,000 | €46,000 | €30,000 | €86,008 | - |
| €2,045 | €1,587 | €1,706 | €1,320 | €908 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 7% lower than in 2024 and the lowest since 2017. It is the fifth fall in a row.
Debt's share of the balance-sheet total rises from 1.8% to 3.1%. Equity is lower and debt is higher.
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
| Vermijs, Wout (sole trader)
establishment since 24-02-2025 |
founded in 2025 1020.315.086 |
| Vereniging van mede-eigenaars van het gebouw te Brussel, Koopliedenstraat 10
registered office since 02-06-1997 |
founded in 1997 0825.257.984 |
| Name | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Dictumfactum | 49% | 69% | 74% | ||||||
Source: list of holdings in its own accounts
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Koopliedenstraat 10 registered office 1000 Brussels | 30-12-2016 | 2.260.187.991 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21812N1075/00D000 | 112 m² | 1 · 93 m² | 19.5 m · 5 |
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