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LIBERTE EN PLUS

Active
Coöperatieve vennootschap met beperkte aansprakelijkheid met een sociaal oogmerk· 15 yrs active
Kanadezenlaan(D) 74 ·7711 Mouscron, Belgium
KBO/BCE: BE 0834.028.764
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Age15 yrs
Staff (FTE)50.8

Summary

Conclusion

the dossier summarised in one paragraph

For the legal form of LIBERTE EN PLUS, Checked does not compute a bankruptcy probability. The 2021 annual accounts show equity of €145k and a net result of €-153k. Equity is shrinking by ~6.2% per year across the filed fiscal years. The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

For this legal form (e.g. co-owners' association, public body or foreign branch) we don't show a bankruptcy probability: some of these forms legally cannot go bankrupt and no reliable figure is possible here.

Signals

Insufficient current data: the most recent filed accounts (financial year 2021) are too old to derive current signals.

Trust signals

3 signals
Established
Founded in 2011, 15 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-153k
Working capital€160k-47.3%

Annual accounts & ratios

Source: NBB · 2021
Annual accounts filed on 27-10-2022 with the NBB · fiscal year 2021 · volledig
€-200k€-100k€0Operating result 2018: €49k€49kOperating result 2019: €3k€3kNet result 2019: €9k€9kOperating result 2020: €16k€16kNet result 2020: €10k€10kOperating result 2021: €-156k€-156kNet result 2021: €-153k€-153k2018201920202021
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~6.2%/year over 4 fiscal years, indicative, assuming unchanged policy.
€0€100k€200k€300k2022: €222k (€173k - €272k)2023: €205k (€126k - €283k)2024: €187k (€79k - €295k)2018: €279k2019: €289k2020: €299k2021: €145k2018201920202021202220232024
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA
€-152k
- 18-21
Net profit
€-153k
- 18-21
Cash flow
€-149k
- 18-21
Total assets
€710k
-7.6% 18-21
Equity
€145k
-51.3% 18-21
Working capital
€160k
-47.3% 18-21
Employees (FTE)
51
-7.8% 18-21
Staff costs
€1.59M
- 18-21
Income taxes
€183
-98.7% 18-21
Debt
€565k
+20.3% 18-21
Debt ≤ 1y
€539k
+18.2% 18-21
Current ratio
1.30
-22.1% 18-21
Quick ratio
1.30
-22.1% 18-21
Solvency
20.5%
-47.3% 18-21
Debt / equity
3.88
- 18-21
ROE
-105.4%
- 18-21
ROA
-21.6%
- 18-21
Interest coverage
-17.43
- 18-21
Figures by fiscal year
Fiscal year2021
Revenue-
EBITDA€-152k
Net profit€-153k
Cash flow€-149k
Staff costs€1.59M
Income taxes€183
Dividends-
Total assets€710k
Equity€145k
Debt€565k
of which ≤ 1y€539k
of which > 1y-
Working capital€160k
Employees (FTE)50.8
Ratios (computed)
2021
Current ratio1.30
Quick ratio1.30
Working capital ratio22.5%
Solvency20.5%
Debt / equity3.88
Long-term debt ratio-
Interest coverage-17.43
Gross margin-
Net margin-
ROA-21.6%
ROE-105.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€710k
Fixed assets 21/28€12k
Tangible fixed assets 22/27€11k
Financial fixed assets 28€500
Current assets 29/58€699k
Amounts receivable within one year 40/41€591k
Cash & bank 54/58€39k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€710k
Equity 10/15€145k
Contributions / capital 10/11€9k
Reserves 13€290k
Accumulated profits (losses) 14€-153k
Amounts payable 17/49€565k
Amounts payable within one year 42/48€539k
Trade debts payable within one year 44€316k
Income statement
Gross operating margin 9900€1.46M
Operating result 9901€-156k
Financial income 75€11k
Financial charges 65€9k
Result before taxes 9903€-153k
Income taxes 67/77€183
Net result for the period 9904€-153k
Result to be appropriated 9905€-153k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2021 · computed
27 / 100 Weak
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

2 locations
Kanadezenlaan(D) 74, 7711 Mouscron
Arbeidsbemiddeling
since 20112.197.126.313
LIBERTE EN PLUS
Koningin Astridlaan 107, 7700 MouscronArbeidsbemiddeling
since 20172.268.164.163
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area2,384 m²
Buildings2
Building footprint889 m²
Volume (LiDAR)3,191 m³
Tallest building5.5 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
54436A0531/00T004 Wallonia 1,372 m² 1 · 100 m² -
54003T0323/00B000 Wallonia 1,012 m² 1 · 789 m² 5.5 m · 1 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health27Profitability0Solvency32Growth32Stability100
38 / 100

Fragile profile, watch profitability in particular.

Health 27
Profitability 0
Solvency 32
Growth 32
Stability 100

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameFR LIBERTE EN PLUS
Registered office
Kanadezenlaan(D) 74
7711 Mouscron, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.