LIBEL
ActiveLIBEL has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-539k) and a net result of €-145k. Equity is shrinking by ~64% per year across the filed fiscal years. Its solvency ranks better than 18% of 2288 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability28▲+26
Solvency1▼-9
Growth32=
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.19 against 0.4 in 2024; short-term debt: 33.8% and cash: 0.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-24.4%
Return on assets
-6.6%
Age of the figures
18 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year €-539k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
6 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-539k▼ 36.9%
2024 · €-393k
2023: €-35k
2024: €-393k
2023 → 2025
Total assets
€2.20M▼ 15.7%
2024 · €2.61M
2023: €1.60M
2024: €2.61M
2023 → 2025
Net result
€-145k▲ 59.5%
2024 · €-358k
2023: €-55k
2024: €-358k
2023 → 2025
Working capital
€-607k▼ 27.3%
2024 · €-476k
2023: €-1.14M
2024: €-476k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€-35k-€-393k▼ 1,018%€-539k▼ 36.9%
Operating result€-42k-€-276k▼ 555%€-37k▲ 86.5%
Net result€-55k-€-358k▼ 549%€-145k▲ 59.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €37k in 2025 against €276k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.20M
Fixed assets
€2.07M▼ 10.2%
Current assets
€139k▼ 55.5%
Key figures and ratios
EBITDA
€211k▲
2024 · €-86k
Cash flow
€103k▲
2024 · €-169k
Solvency
-24.4%▼
2024 · -15.0%
Current ratio
0.19▼
2024 · 0.40
Quick ratio
0.15▼
2024 · 0.38
Debt / equity
-5.09▲
2024 · -7.65
ROA
-6.6%▲
2024 · -13.7%
Interest coverage
2.09▲
2024 · -1.05
Debt
€2.74M▼
2024 · €3.01M
Debt ≤ 1 year
€746k▼
2024 · €789k
Debt > 1 year
€2.00M▼
2024 · €2.22M
Income taxes
€7k
Staff costs
€241k▲
2024 · €220k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.61M€2.20M▼
Fixed assets21/28€2.30M€2.07M▼
Intangible fixed assets21€2k€2k▼
Tangible fixed assets22/27€2.30M€2.06M▼
Plant, machinery and equipment23€13k€12k▼
Furniture and vehicles24€8k€9k▲
Other tangible fixed assets26€2.28M€2.04M▼
Current assets29/58€313k€139k▼
Stocks and contracts in progress3€13k€28k▲
Stocks30/36€13k€28k▲
Amounts receivable within one year40/41€287k€97k▼
Trade receivables40€277k€60k▼
Other amounts receivable41€10k€37k▲
Cash at bank and in hand54/58€12k€14k▲
Deferred charges and accrued income490/1€1k€13▼
Equity and liabilities
Total equity and liabilities10/49€2.61M€2.20M▼
Equity10/15€-393k€-539k▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-413k€-559k▼
Amounts payable17/49€3.01M€2.74M▼
Amounts payable after more than one year17€2.22M€2.00M▼
Financial debts170/4€2.22M€2.00M▼
Amounts payable within one year42/48€789k€746k▼
Current portion of amounts payable after more than one year42€222k€231k▲
Trade debts44€315k€7k▼
Suppliers440/4€315k€7k▼
Advances received on contracts in progress46-€257k
Taxes, remuneration and social security45€22k€33k▲
Taxes450/3€7k€15k▲
Remuneration and social security454/9€15k€18k▲
Other amounts payable47/48€229k€217k▼
Income statement
Code20242025
Non-recurring operating income76A€73-
Remuneration, social security and pensions62€220k€241k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€189k€248k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€137k€455k▲
Operating profit (loss)9901€-276k€-37k▲
Financial income75/76B€104€4▼
Recurring financial income75€104€4▼
Financial charges65/66B€83k€101k▲
Recurring financial charges65€83k€101k▲
Profit (loss) for the period before taxes9903€-358k€-138k▲
Income taxes67/77-€7k
Profit (loss) for the period9904€-358k€-145k▲
Profit (loss) for the period to be appropriated9905€-358k€-145k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-413k€-559k▼
Profit (loss) brought forward from the previous period14P€-55k€-413k▼
The notes to these accounts (10 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
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €-358k
Net result drops to €-358k, the lowest in the series; recovery starts the following year.
2023
06-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-06-2023
Resigned as Director
Location & real-estate footprint
Registered office, Geel · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lissenvijver 102440 GeelGround area
2.5 ha
Building footprint
2,666 m²
Parcel 13008I1669/00K002, Flanders. Linked by address, not a title deed.
1 establishment unit
LIBEL
since 20212.322.664.109
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13008I1669/00K002 | Flanders | 2.5 ha | 1 · 2,666 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGeel2.322.664.109
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 3,292 companies in sector 93110 we hold annual accounts for 1,492.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-2021
Fiscal year end31-03
Activities, NACEBEL
93110Operation of sports facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.