LIBBRECHT STIJN
ActiveSummary
LIBBRECHT STIJN has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €281,948 and a net result of €39,810. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 48% of 7625 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▼-3
Solvency67▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity short (current ratio 0.98 against 0.72 in 2024; short-term debt: 29.1% and cash: 8.2% of total assets), and 58.4% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more 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
41.6%
Return on assets
5.9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
1 d early
2024
4 d early
2023
10 d early
2022
2 d early
2021
30 d early
2020
9 d early
2019
11 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 10 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 26 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€700,611
EBIT margin
9.1%
Net result
€39,810▼ 32.9%
2024 · €59,344
Working capital
-€3,145▲ 89.7%
2024 · -€30,659
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€700,611
Operating result-€11,112€86,559€36,979▼ 57.3%€92,225▲ 149%€63,674▼ 31.0%
Net result-€13,984below the sector's middle half€65,321above the sector's middle half€21,889within the sector's middle half▼ 66.5%€59,344above the sector's middle half▲ 171%€39,810above the sector's middle half▼ 32.9%
EBIT margin9.1%
Equity€118,676above the sector's middle half▼ 10.5%€182,397above the sector's middle half▲ 53.7%€186,126above the sector's middle half▲ 2.0%€243,804above the sector's middle half▲ 31.0%€281,948above the sector's middle half▲ 15.6%
Total assets€367,421above the sector's middle half▼ 3.9%€557,086above the sector's middle half▲ 51.6%€608,831above the sector's middle half▲ 9.3%€593,878above the sector's middle half▼ 2.5%€677,109above the sector's middle half▲ 14.0%
Debt€248,745▼ 0.4%€374,689▲ 50.6%€422,705▲ 12.8%€350,074▼ 17.2%€395,162▲ 12.9%
Working capital€6,516within the sector's middle half▼ 67.0%-€13,830below the sector's middle half-€42,799below the sector's middle half▼ 209%-€30,659below the sector's middle half▲ 28.4%-€3,145below the sector's middle half▲ 89.7%
Solvency32.3%within the sector's middle half▼ 2.4pp32.7%within the sector's middle half▲ 0.4pp30.6%within the sector's middle half▼ 2.2pp41.1%within the sector's middle half▲ 10.5pp41.6%within the sector's middle half▲ 0.6pp
Current ratio1.08within the sector's middle half▼ 0.250.88below the sector's middle half▼ 0.200.77below the sector's middle half▼ 0.100.72below the sector's middle half▼ 0.060.98below the sector's middle half▲ 0.27
Return on assets (ROA)-3.8%below the sector's middle half▼ 11.0pp11.7%within the sector's middle half▲ 15.5pp3.6%within the sector's middle half▼ 8.1pp10.0%within the sector's middle half▲ 6.4pp5.9%within the sector's middle half▼ 4.1pp
Staff (FTE)4▲ 66.7%3.1▼ 22.5%2.9▼ 6.5%2▼ 31.0%2=
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, 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 falls in 2025; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €677,109
Fixed assets
€483,318 ▼ 6.5%
Current assets
€193,791 ▲ 151%
Equity and liabilities €677,109
Equity
€281,948 ▲ 15.6%
Debt
€395,162 ▲ 12.9%
Debt's share of the balance-sheet total falls from 58.9% to 58.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€106,054▼
2024 · €128,781
Cash flow
€82,190▼
2024 · €95,900
Quick ratio
0.89▲
2024 · 0.49
Debt to equity
1.40▼
2024 · 1.44
ROE
14.1%▼
2024 · 24.3%
Interest coverage
9.55▲
2024 · 9.30
Debt ≤ 1 year
€196,936▲
2024 · €107,832
Debt > 1 year
€198,226▼
2024 · €242,243
Income taxes
€13,740▼
2024 · €20,559
Staff costs
€128,280▲
2024 · €117,722
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 26,975 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 |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €700,611 | - |
| Non-recurring operating income76A | - | €8,824 | - | - | €0 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €474,413 | - |
| Remuneration, social security and pensions62 | - | €102,783 | €128,468 | €117,722 | €128,280 | ▲ 9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €41,803 | €30,340 | €24,318 | €36,556 | €42,380 | ▲ 15.9% |
| Other operating charges640/8 | - | €2,209 | €2,698 | €3,079 | €3,387 | ▲ 10.0% |
| Non-recurring operating charges66A | - | - | - | - | €102 | - |
| Gross operating margin9900 | €127,933 | €221,891 | €192,463 | €249,582 | €237,823 | ▼ 4.7% |
| Operating profit (loss)9901 | -€11,112 | €86,559 | €36,979 | €92,225 | €63,674 | ▼ 31.0% |
| Financial income75/76B | - | €451 | €2,612 | €1,529 | €982 | ▼ 35.7% |
| Recurring financial income75 | €1,297 | €451 | €2,612 | €1,529 | €982 | ▼ 35.7% |
| Financial charges65/66B | - | €5,809 | €11,484 | €13,851 | €11,106 | ▼ 19.8% |
| Recurring financial charges65 | €3,913 | €5,809 | €11,484 | €13,851 | €11,106 | ▼ 19.8% |
| Profit (loss) for the period before taxes9903 | -€13,728 | €81,201 | €28,107 | €79,903 | €53,550 | ▼ 33.0% |
| Income taxes67/77 | €255 | €15,880 | €6,218 | €20,559 | €13,740 | ▼ 33.2% |
| Profit (loss) for the period9904 | -€13,984 | €65,321 | €21,889 | €59,344 | €39,810 | ▼ 32.9% |
| Profit (loss) for the period to be appropriated9905 | -€13,984 | €65,321 | €21,889 | €59,344 | €39,810 | ▼ 32.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €367,421 | €557,086 | €608,831 | €593,878 | €677,109 | ▲ 14.0% |
| Fixed assets21/28 | €278,462 | €460,223 | €462,531 | €516,705 | €483,318 | ▼ 6.5% |
| Tangible fixed assets22/27 | €278,099 | €459,860 | €462,168 | €516,705 | €483,318 | ▼ 6.5% |
| Land and buildings22 | - | €413,281 | €414,741 | €401,478 | €383,586 | ▼ 4.5% |
| Plant, machinery and equipment23 | - | €44,318 | €46,244 | €40,878 | €42,465 | ▲ 3.9% |
| Furniture and vehicles24 | - | €2,261 | €1,182 | €74,349 | €57,267 | ▼ 23.0% |
| Financial fixed assets28 | €363 | €363 | €363 | - | - | - |
| Current assets29/58 | €88,959 | €96,863 | €146,300 | €77,173 | €193,791 | ▲ 151% |
| Stocks and contracts in progress3 | €9,217 | €12,083 | €22,502 | €23,975 | €17,937 | ▼ 25.2% |
| Stocks30/36 | - | €12,083 | €22,502 | €23,975 | €17,937 | ▼ 25.2% |
| Amounts receivable within one year40/41 | €69,377 | €48,542 | €110,550 | €42,616 | €110,745 | ▲ 160% |
| Trade receivables40 | - | €592 | €58,890 | €745 | €74,069 | ▲ 9,840% |
| Other amounts receivable41 | - | €47,950 | €51,661 | €41,871 | €36,676 | ▼ 12.4% |
| Cash at bank and in hand54/58 | €6,776 | €30,735 | €6,417 | €4,518 | €55,833 | ▲ 1,136% |
| Deferred charges and accrued income490/1 | - | €5,504 | €6,831 | €6,063 | €9,276 | ▲ 53.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €367,421 | €557,086 | €608,831 | €593,878 | €677,109 | ▲ 14.0% |
| Equity10/15 | €118,676 | €182,397 | €186,126 | €243,804 | €281,948 | ▲ 15.6% |
| Contributions10/11 | - | €35,000 | €35,000 | €35,000 | €35,000 | = |
| Reserves13 | €18,605 | €18,605 | €445 | €445 | €445 | = |
| Non-distributable reserves130/1 | - | €3,500 | - | - | - | - |
| Reserves not available under the articles1311 | - | €3,500 | - | - | - | - |
| Tax-exempt reserves132 | - | €445 | €445 | €445 | €445 | = |
| Distributable reserves133 | - | €14,660 | - | - | - | - |
| Profit (loss) carried forward14 | €65,071 | €128,792 | €150,681 | €208,359 | €246,502 | ▲ 18.3% |
| Amounts payable17/49 | €248,745 | €374,689 | €422,705 | €350,074 | €395,162 | ▲ 12.9% |
| Amounts payable after more than one year17 | €166,302 | €263,864 | €233,606 | €242,243 | €198,226 | ▼ 18.2% |
| Financial debts170/4 | - | €263,864 | €233,606 | €242,243 | €198,226 | ▼ 18.2% |
| Amounts payable within one year42/48 | €82,443 | €110,693 | €189,100 | €107,832 | €196,936 | ▲ 82.6% |
| Current portion of amounts payable after more than one year42 | - | €35,642 | €30,259 | €43,151 | €44,016 | ▲ 2.0% |
| Trade debts44 | €49,345 | €43,550 | €134,990 | €60,146 | €134,471 | ▲ 124% |
| Suppliers440/4 | - | €43,550 | €134,990 | €60,146 | €134,471 | ▲ 124% |
| Taxes, remuneration and social security45 | - | €26,365 | €1,487 | €2,250 | €6,849 | ▲ 204% |
| Taxes450/3 | - | €26,365 | €1,487 | €2,250 | €2,250 | = |
| Remuneration and social security454/9 | - | - | - | - | €4,599 | - |
| Other amounts payable47/48 | - | €5,136 | €22,363 | €2,284 | €11,599 | ▲ 408% |
| Accrued charges and deferred income492/3 | - | €133 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,984 | €65,321 | €21,889 | €59,344 | €39,810 | ▼ 32.9% |
| + Depreciation and write-downs630 | €41,803 | €30,340 | €24,318 | €36,556 | €42,380 | ▲ 15.9% |
| Operating cash flow (approximation) | €27,819 | €95,661 | €46,206 | €95,900 | €82,190 | ▼ 14.3% |
| Investment in fixed assets (approximation) | - | -€212,101 | -€26,625 | -€90,731 | -€8,993 | ▲ 90.1% |
| Change in cash | - | €23,959 | -€24,318 | -€1,899 | €51,315 | ▲ 2,803% |
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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €200,000Eq €243,804 ▲31%
3 profitable years in a row build equity to €243,804.
20-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €65,321
Net result €65,321 after one loss-making year.
30-09
Financial
Equity above €150,000Eq €182,397 ▲53.7%
Equity rises from €118,676 to €182,397.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet -€13,984
Net result drops to -€13,984, the lowest in the series; recovery starts the following year.
21-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €100,000Eq €106,641 ▲99.8%
2 profitable years in a row build equity to €106,641.
26-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 2017
Ground area
898 m²
Building footprint
201 m²
Volume, LiDAR
1,284 m³
Parcel 34010B0192/00H000, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LIBBRECHT STIJN
since 20172.263.103.337
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34010B0192/00H000 | Flanders | 898 m² | 1 · 201 m² | 11.6 m · 2 fl. |
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
Recognised contractor
1 categoryLIBBRECHT STIJN BV43018
Dual-learning approval
2 live approvals · 9 endedMedewerker ruwbouw (vwo)
Medewerker ruwbouw duaal (so)
Show 9 ended approvals
Medewerker tegelzetwerken en dekvloeren duaal (so)
Vloerder - tegelzetter duaal (so)
Medewerker ruwbouw (vwo)
Medewerker ruwbouw duaal (so)
Metselaar (so)
Metselaar (so)
Metselaar (vwo)
Ruwbouw duaal (so)
Tegelzetter (so)
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Of 29,766 companies in this sector we hold annual accounts for 16,066. 11,184 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded31-03-2017
Fiscal year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0673721616
Also
9925:BE0673721616
Registered
10-12-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.