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LIBBRECHT CONSULTANCY

Active
Private limited companyfounded 20179 yrs activeKuipersstraat(Kor) 6, 8500 Kortrijk, BelgiumKBO/BCE: BE 0680.921.984
Summary

LIBBRECHT CONSULTANCY has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,675 and a net result of €12,480. Equity is shrinking by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 18% of 1913 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability79▼-17
Solvency37▼-2
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.63 against 0.92 in 2024; short-term debt: 40.4% and cash: 18.1% of total assets), and 87.6% of the assets are financed with debt.
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Signals

Five 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 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
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
12.4%
Return on assets
8.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 1913 sector peers (2025).
NBB · sector comparison
Position among 1913 sector peers
Solvency
better than 18%
← weakest strongest →
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 15-04-2026, 107 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
107 d early
2024
34 d early
2023
110 d early
2022
29 d early
2021
27 d early
2020
29 d early
2019
49 d late
← 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 41 days before the deadline; the sector median for financial year 2024 is 10 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. Usually files around 27 June (4 of the last 5 filed years within 73 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 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

History

LIBBRECHT CONSULTANCY was incorporated on 12 September 2017.1 Total assets rose from EUR 74,721 in 2018 to EUR 150,157 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€18,675▼ 2.7%
2024 · €19,195
Total assets
€150,157▲ 12.5%
2024 · €133,520
Net result
€12,480▼ 57.8%
2024 · €29,595
Working capital
-€22,388▼ 283%
2024 · -€5,838
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service 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€26,053▼ 5.9%€31,631▲ 21.4%€50,355▲ 59.2%€36,689▼ 27.1%€20,257▼ 44.8%
Net result€18,184within the sector's middle half▼ 9.1%€23,080within the sector's middle half▲ 26.9%€32,644within the sector's middle half▲ 41.4%€29,595within the sector's middle half▼ 9.3%€12,480within the sector's middle half▼ 57.8%
Equity€47,037within the sector's middle half▼ 13.9%€47,037within the sector's middle half=€26,347within the sector's middle half▼ 44.0%€19,195within the sector's middle half▼ 27.1%€18,675within the sector's middle half▼ 2.7%
Total assets€95,660within the sector's middle half▲ 34.8%€74,668within the sector's middle half▼ 21.9%€167,589within the sector's middle half▲ 124%€133,520within the sector's middle half▼ 20.3%€150,157within the sector's middle half▲ 12.5%
Debt€48,623▲ 198%€27,631▼ 43.2%€141,241▲ 411%€114,325▼ 19.1%€131,482▲ 15.0%
Working capital€40,085within the sector's middle half▼ 18.9%€37,618within the sector's middle half▼ 6.2%-€1,287below the sector's middle half-€5,838below the sector's middle half▼ 354%-€22,388below the sector's middle half▼ 283%
Solvency49.2%within the sector's middle half▼ 27.8pp63.0%within the sector's middle half▲ 13.8pp15.7%below the sector's middle half▼ 47.3pp14.4%below the sector's middle half▼ 1.3pp12.4%below the sector's middle half▼ 1.9pp
Current ratio1.83within the sector's middle half▼ 2.202.36within the sector's middle half▲ 0.540.98below the sector's middle half▼ 1.380.92below the sector's middle half▼ 0.070.63below the sector's middle half▼ 0.29
Return on assets (ROA)19.0%within the sector's middle half▼ 9.2pp30.9%above the sector's middle half▲ 11.9pp19.5%within the sector's middle half▼ 11.4pp22.2%within the sector's middle half▲ 2.7pp8.3%within the sector's middle half▼ 13.9pp
above within below the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2021: €26,053€26,053Net result 2021: €18,184€18,184Operating result 2022: €31,631€31,631Net result 2022: €23,080€23,080Operating result 2023: €50,355€50,355Net result 2023: €32,644€32,644Operating result 2024: €36,689€36,689Net result 2024: €29,595€29,595Operating result 2025: €20,257€20,257Net result 2025: €12,480€12,48020212022202320242025€0€20,000€40,000€60,000Operating result 2023: €50,355€50,400Net result 2023: €32,644€32,600Operating result 2024: €36,689€36,700Net result 2024: €29,595€29,600Operating result 2025: €20,257€20,300Net result 2025: €12,480€12,500202320242025
The operating result has fallen two years in a row; 2025 is 45% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €149,738
Fixed assets €111,411 ▲ 67.3%
Current assets €38,328 ▼ 42.0%
Equity and liabilities €150,157
Equity €18,675 ▼ 2.7%
Debt €131,482 ▲ 15.0%
Debt's share of the balance-sheet total rises from 85.6% to 87.6%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€42,484▼
2024 · €58,859
Cash flow
€34,708▼
2024 · €51,765
Quick ratio
0.61▼
2024 · 0.90
Debt to equity
7.04▲
2024 · 5.96
ROE
66.8%▼
2024 · 154.2%
Interest coverage
19.09▼
2024 · 20.51
Debt ≤ 1 year
€60,716▼
2024 · €71,915
Debt > 1 year
€70,608▲
2024 · €42,295
Income taxes
€5,592▲
2024 · €4,507
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,706 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.7% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 6,706 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€133,520€150,157▲
Formation expenses20€840€419▼
Fixed assets21/28€66,604€111,411▲
Tangible fixed assets22/27€66,511€111,318▲
Plant, machinery and equipment23€1,440€577▼
Furniture and vehicles24€65,071€110,741▲
Financial fixed assets28€93€93=
Current assets29/58€66,077€38,328▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Stocks and contracts in progress3€1,403€1,403=
Stocks30/36€1,403€1,403=
Amounts receivable within one year40/41€41,356€7,462▼
Trade receivables40€39,862€1,855▼
Other amounts receivable41€1,494€5,608▲
Cash at bank and in hand54/58€21,049€27,245▲
Deferred charges and accrued income490/1€2,269€2,217▼
Equity and liabilities
Total equity and liabilities10/49€133,520€150,157▲
Equity10/15€19,195€18,675▼
Contributions10/11€18,600€18,600=
Reserves13€0-
Distributable reserves133€0-
Profit (loss) carried forward14€595€75▼
Amounts payable17/49€114,325€131,482▲
Amounts payable after more than one year17€42,295€70,608▲
Financial debts170/4€42,295€70,608▲
Amounts payable within one year42/48€71,915€60,716▼
Current portion of amounts payable after more than one year42€16,691€31,984▲
Financial debts43€2€0▼
Credit institutions430/8€2€0▼
Trade debts44€2,700€4,665▲
Suppliers440/4€2,700€4,665▲
Taxes, remuneration and social security45€10,806€6,770▼
Taxes450/3€10,806€6,770▼
Other amounts payable47/48€41,716€17,297▼
Accrued charges and deferred income492/3€115€158▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,170€22,227▲
Other operating charges640/8€1,765€1,218▼
Gross operating margin9900€60,625€43,702▼
Operating profit (loss)9901€36,689€20,257▼
Financial income75/76B€282€41▼
Recurring financial income75€282€41▼
Financial charges65/66B€2,869€2,225▼
Recurring financial charges65€2,869€2,225▼
Profit (loss) for the period before taxes9903€34,102€18,073▼
Income taxes67/77€4,507€5,592▲
Profit (loss) for the period9904€29,595€12,480▼
Profit (loss) for the period to be appropriated9905€29,595€12,480▼
Appropriation of the result
Profit (loss) to be appropriated9906€29,595€13,075▼
Profit (loss) brought forward from the previous period14P-€595
Transfer from equity791/2€7,747€0▼
Profit to be distributed694/7€36,747€13,000▼
Return on contributions (dividend)694€36,747€13,000▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,396€4,329€10,824€22,170€22,227▲ 0.3%
Other operating charges640/8€457€462€499€1,765€1,218▼ 31.0%
Gross operating margin9900€28,906€36,421€61,678€60,625€43,702▼ 27.9%
Operating profit (loss)9901€26,053€31,631€50,355€36,689€20,257▼ 44.8%
Financial income75/76B€922€838€825€282€41▼ 85.4%
Recurring financial income75€922€838€825€282€41▼ 85.4%
Financial charges65/66B€2,166€1,952€2,525€2,869€2,225▼ 22.4%
Recurring financial charges65€2,166€1,952€2,525€2,869€2,225▼ 22.4%
Profit (loss) for the period before taxes9903€24,809€30,517€48,655€34,102€18,073▼ 47.0%
Income taxes67/77€6,626€7,437€16,011€4,507€5,592▲ 24.1%
Profit (loss) for the period9904€18,184€23,080€32,644€29,595€12,480▼ 57.8%
Profit (loss) for the period to be appropriated9905€18,184€23,080€32,644€29,595€12,480▼ 57.8%
Line20212022202320242025Change
Assets
Total assets20/58€95,660€74,668€167,589€133,520€150,157▲ 12.5%
Formation expenses20€2,101€1,681€1,260€840€419▼ 50.1%
Fixed assets21/28€4,960€7,739€85,360€66,604€111,411▲ 67.3%
Tangible fixed assets22/27€4,868€7,646€85,268€66,511€111,318▲ 67.4%
Plant, machinery and equipment23€1,009€996€2,521€1,440€577▼ 59.9%
Furniture and vehicles24€3,859€6,651€82,746€65,071€110,741▲ 70.2%
Financial fixed assets28€93€93€93€93€93=
Current assets29/58€88,599€65,249€80,968€66,077€38,328▼ 42.0%
Amounts receivable after more than one year29€25,000€25,000€25,000€0--
Other amounts receivable291€25,000€25,000€25,000€0--
Stocks and contracts in progress3€1,403€1,403€1,403€1,403€1,403=
Stocks30/36€1,403€1,403€1,403€1,403€1,403=
Amounts receivable within one year40/41€7,432€23,562€28,245€41,356€7,462▼ 82.0%
Trade receivables40€7,288€23,562€28,245€39,862€1,855▼ 95.3%
Other amounts receivable41€145€0-€1,494€5,608▲ 275%
Cash at bank and in hand54/58€52,345€14,630€23,777€21,049€27,245▲ 29.4%
Deferred charges and accrued income490/1€2,419€654€2,543€2,269€2,217▼ 2.3%
Equity and liabilities
Total equity and liabilities10/49€95,660€74,668€167,589€133,520€150,157▲ 12.5%
Equity10/15€47,037€47,037€26,347€19,195€18,675▼ 2.7%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€28,437€28,437€7,747€0--
Non-distributable reserves130/1€0-----
Reserves not available under the articles1311€0-----
Distributable reserves133€28,437€28,437€7,747€0--
Profit (loss) carried forward14€0€0€0€595€75▼ 87.4%
Amounts payable17/49€48,623€27,631€141,241€114,325€131,482▲ 15.0%
Amounts payable after more than one year17--€58,986€42,295€70,608▲ 66.9%
Financial debts170/4--€58,986€42,295€70,608▲ 66.9%
Amounts payable within one year42/48€48,514€27,631€82,255€71,915€60,716▼ 15.6%
Current portion of amounts payable after more than one year42€0-€16,488€16,691€31,984▲ 91.6%
Financial debts43€2€2€2€2€0▼ 100%
Credit institutions430/8€2€2€2€2€0▼ 100%
Trade debts44€1,605€1,216€1,319€2,700€4,665▲ 72.8%
Suppliers440/4€1,605€1,216€1,319€2,700€4,665▲ 72.8%
Taxes, remuneration and social security45€11,711€2,340€10,994€10,806€6,770▼ 37.3%
Taxes450/3€11,711€2,340€10,994€10,806€6,770▼ 37.3%
Other amounts payable47/48€35,197€24,074€53,452€41,716€17,297▼ 58.5%
Accrued charges and deferred income492/3€109€0-€115€158▲ 37.6%
Line20212022202320242025Change
Profit (loss) for the period9904€18,184€23,080€32,644€29,595€12,480▼ 57.8%
+ Depreciation and write-downs630€2,396€4,329€10,824€22,170€22,227▲ 0.3%
Operating cash flow (approximation)€20,580€27,409€43,468€51,765€34,708▼ 33.0%
Investment in fixed assets (approximation)--€7,107-€88,445-€3,414-€67,034▼ 1,864%
Change in cash--€37,715€9,147-€2,728€6,196▲ 327%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
12-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €32,644 ▲41.4%
Operating result €50,355, net result €32,644, both a record.
02-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Liquidity triplescurrent ratio 4.02
Current ratio from 1.43 to 4.02; short-term debt falls from €39,379 to €16,339.
18-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 49 days late
2019
31-12
Financial Weakest financial yearnet €7,747 ▼62.6%
Net result drops to €7,747, the lowest in the series; recovery starts the following year.
01-07
NBB filing Annual accounts filed
fiscal year 2018 · 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.

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, Kortrijk · 2 establishment units since 2017
seat establishment All 2 establishment units on the map
Ground area
2,463 m²
Building footprint
287 m²
Volume, LiDAR
1,493 m³
2 parcels, Flanders, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
LIBBRECHT CONSULTANCY
Kuipersstraat(Kor) 6, 8500 KortrijkRepair and maintenance of electrical equipment
since 20172.267.862.473
LIBBRECHT CONSULTANCY
Long Pont(GH) 6, 7863 LessinesRepair and maintenance of electrical equipment
since 20212.316.806.792
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
55012B0882/00F000 Wallonia 1,861 m² 1 · 181 m² 8.0 m · 2 fl.
34352A0184/00G002 Flanders 602 m² 1 · 106 m² 6.9 m · 1 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.

Similar companies · same sector, comparable size

Of 2,727 companies in sector 63100 we hold annual accounts for 1,274. 731 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
Founded12-09-2017
Fiscal year end31-12
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities
33140Repair and maintenance of electrical equipment
43211General electrical installation work
43212Electrical installation work in industrial facilities
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
86995Nutrition and dietetics services
95100Repair and maintenance of computers and communication equipment
Contact
E-mail jonas@jonaslibbrecht.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0680921984
Registered 19-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.