Libersa
ActiveSummary
Libersa has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €22,000 and a net result of €48,725. Equity is growing by ~58.3% per year across the filed fiscal years. Its solvency ranks better than 21% of 37969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+5
Solvency46▼-54
Growth58▼-20
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 0.71 against 6.44 in 2023; short-term debt: 78.4% and cash: 30.2% of total assets), and 79.1% 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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 2024Solvency, return and age of the figures
Solvency
20.9%
Return on assets
46.2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 37969 sector peers (2024).
NBB · sector comparisonPosition among 37969 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
69 d early
2022
35 d early
2021
31 d early
2020
39 d early
2019
101 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 19 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€22,000▼ 87.5%
2023 · €176,125
Total assets
€105,480▼ 46.8%
2023 · €198,169
Net result
€48,725▲ 15.1%
2023 · €42,341
Working capital
-€23,895
2023 · €115,414
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
Line20202021202220232024
Operating result€24,047▲ 33.1%€41,070▲ 70.8%€70,955▲ 72.8%€58,368▼ 17.7%€64,286▲ 10.1%
Net result€19,024within the sector's middle half▲ 37.9%€32,189within the sector's middle half▲ 69.2%€57,173within the sector's middle half▲ 77.6%€42,341within the sector's middle half▼ 25.9%€48,725within the sector's middle half▲ 15.1%
Equity€44,422within the sector's middle half▲ 74.9%€76,611within the sector's middle half▲ 72.5%€133,784within the sector's middle half▲ 74.6%€176,125within the sector's middle half▲ 31.6%€22,000below the sector's middle half▼ 87.5%
Total assets€60,550below the sector's middle half▲ 91.8%€95,299within the sector's middle half▲ 57.4%€155,625within the sector's middle half▲ 63.3%€198,169within the sector's middle half▲ 27.3%€105,480within the sector's middle half▼ 46.8%
Debt€16,128▲ 162%€18,689▲ 15.9%€21,840▲ 16.9%€22,044▲ 0.9%€83,480▲ 279%
Working capital€36,282within the sector's middle half▲ 225%€74,093within the sector's middle half▲ 104%€131,610within the sector's middle half▲ 77.6%€115,414within the sector's middle half▼ 12.3%-€23,895below the sector's middle half
Solvency73.4%within the sector's middle half▼ 7.1pp80.4%above the sector's middle half▲ 7.0pp86.0%above the sector's middle half▲ 5.6pp88.9%above the sector's middle half▲ 2.9pp20.9%below the sector's middle half▼ 68.0pp
Current ratio3.37within the sector's middle half▲ 0.565.05above the sector's middle half▲ 1.687.03above the sector's middle half▲ 1.976.44above the sector's middle half▼ 0.590.71below the sector's middle half▼ 5.73
Return on assets (ROA)31.4%above the sector's middle half▼ 12.3pp33.8%above the sector's middle half▲ 2.4pp36.7%above the sector's middle half▲ 3.0pp21.4%within the sector's middle half▼ 15.4pp46.2%above the sector's middle half▲ 24.8pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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 recovers in 2024; 2024 is 10% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €105,480
Fixed assets
€46,726 ▼ 24.1%
Current assets
€58,754 ▼ 57.0%
Equity and liabilities €105,480
Equity
€22,000 ▼ 87.5%
Debt
€83,480 ▲ 279%
Debt's share of the balance-sheet total rises from 11.1% to 79.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€77,497▲
2023 · €63,158
Cash flow
€61,936▲
2023 · €47,130
Debt to equity
3.79▲
2023 · 0.13
ROE
221.5%▲
2023 · 24.0%
Interest coverage
1952.06▲
2023 · 395.65
Debt ≤ 1 year
€82,650▲
2023 · €21,214
Income taxes
€17,018▲
2023 · €15,869
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf 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%.
| 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €14,384 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,642 | €6,036 | €759 | €4,790 | €13,211 | ▲ 176% |
| Other operating charges640/8 | - | €792 | €1,607 | €1,467 | €3,052 | ▲ 108% |
| Gross operating margin9900 | €31,130 | €47,899 | €73,322 | €64,624 | €80,549 | ▲ 24.6% |
| Operating profit (loss)9901 | €24,047 | €41,070 | €70,955 | €58,368 | €64,286 | ▲ 10.1% |
| Financial income75/76B | - | - | €175 | €1 | €1,497 | ▲ 157,489% |
| Recurring financial income75 | €0 | - | €175 | €1 | €1,497 | ▲ 157,489% |
| Financial charges65/66B | - | €43 | €50 | €160 | €40 | ▼ 75.1% |
| Recurring financial charges65 | €64 | €43 | €50 | €160 | €40 | ▼ 75.1% |
| Profit (loss) for the period before taxes9903 | €23,983 | €41,027 | €71,080 | €58,209 | €65,744 | ▲ 12.9% |
| Income taxes67/77 | €4,959 | €8,838 | €13,907 | €15,869 | €17,018 | ▲ 7.2% |
| Profit (loss) for the period9904 | €19,024 | €32,189 | €57,173 | €42,341 | €48,725 | ▲ 15.1% |
| Profit (loss) for the period to be appropriated9905 | €19,024 | €32,189 | €57,173 | €42,341 | €48,725 | ▲ 15.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €60,550 | €95,299 | €155,625 | €198,169 | €105,480 | ▼ 46.8% |
| Fixed assets21/28 | €8,970 | €2,933 | €2,174 | €61,541 | €46,726 | ▼ 24.1% |
| Tangible fixed assets22/27 | €8,970 | €2,933 | €2,174 | €59,771 | €46,726 | ▼ 21.8% |
| Plant, machinery and equipment23 | - | €2,022 | €1,726 | €1,430 | €1,134 | ▼ 20.7% |
| Furniture and vehicles24 | - | €911 | €448 | €58,341 | €45,591 | ▼ 21.9% |
| Financial fixed assets28 | - | - | - | €1,770 | €0 | ▼ 100% |
| Current assets29/58 | €51,581 | €92,366 | €153,450 | €136,628 | €58,754 | ▼ 57.0% |
| Amounts receivable within one year40/41 | €7,910 | €8,899 | €66,456 | €24,073 | €24,379 | ▲ 1.3% |
| Trade receivables40 | - | €8,895 | €66,450 | €21,856 | €20,943 | ▼ 4.2% |
| Other amounts receivable41 | - | €5 | €6 | €2,217 | €3,436 | ▲ 55.0% |
| Current investments50/53 | - | - | - | €95,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €43,053 | €82,887 | €83,790 | €14,871 | €31,880 | ▲ 114% |
| Deferred charges and accrued income490/1 | - | €580 | €3,205 | €2,684 | €2,495 | ▼ 7.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €60,550 | €95,299 | €155,625 | €198,169 | €105,480 | ▼ 46.8% |
| Equity10/15 | €44,422 | €76,611 | €133,784 | €176,125 | €22,000 | ▼ 87.5% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €18,550 | ▲ 49.6% |
| Reserves13 | €31,860 | €63,860 | €120,860 | €162,860 | €1,860 | ▼ 98.9% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €62,000 | €119,000 | €161,000 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | €162 | €351 | €524 | €865 | €1,590 | ▲ 83.9% |
| Amounts payable17/49 | €16,128 | €18,689 | €21,840 | €22,044 | €83,480 | ▲ 279% |
| Amounts payable within one year42/48 | €15,298 | €18,274 | €21,840 | €21,214 | €82,650 | ▲ 290% |
| Trade debts44 | €3,965 | €1,612 | €3,388 | €3,656 | €5,124 | ▲ 40.2% |
| Suppliers440/4 | - | €1,612 | €3,388 | €3,656 | €5,124 | ▲ 40.2% |
| Taxes, remuneration and social security45 | - | €15,079 | €16,882 | €14,076 | €11,134 | ▼ 20.9% |
| Taxes450/3 | - | €15,079 | €16,882 | €14,076 | €11,134 | ▼ 20.9% |
| Other amounts payable47/48 | - | €1,583 | €1,570 | €3,482 | €66,392 | ▲ 1,807% |
| Accrued charges and deferred income492/3 | - | €415 | €0 | €830 | €830 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,024 | €32,189 | €57,173 | €42,341 | €48,725 | ▲ 15.1% |
| + Depreciation and write-downs630 | €6,642 | €6,036 | €759 | €4,790 | €13,211 | ▲ 176% |
| Operating cash flow (approximation) | €25,666 | €38,225 | €57,932 | €47,130 | €61,936 | ▲ 31.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€64,156 | €1,605 | ▲ 103% |
| Change in cash | - | €39,835 | €902 | -€68,918 | €17,009 | ▲ 125% |
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
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150,000Eq €176,125 ▲31.6%
5 profitable years in a row build equity to €176,125.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2019net €57,173 ▲77.6%
Operating result €70,955, net result €57,173, both a record.
31-12
Financial
Equity above €100,000Eq €133,784 ▲74.6%
4 profitable years in a row build equity to €133,784.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
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
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, Koksijde · 1 establishment unit since 2018
Ground area
456 m²
Building footprint
117 m²
Volume, LiDAR
562 m³
Parcel 38018A0794/00B000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LIBERSA
since 20182.282.217.087
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38018A0794/00B000 | Flanders | 456 m² | 1 · 117 m² | 8.0 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.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 31,626 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
Founded28-11-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0713982851
Also
9925:BE0713982851
Registered
05-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.