Turnover
≈ €370,000 estimated
The micro format states no turnover.
Libico
Overview
Lifetime
1 annual account with figurespeak €69,714 (2025)
€69,714
peak €51,824 (2025)
€51,824
peak €52,824 (2025)
€52,824
€88,603
Board2 names since 2024
2 directorsIJZERMAN Libertus and 1 other
Documentsfilings and deeds
29-04-20261 day before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsBoard
1 joined
New director. Latest change 01-01-2026 · 2 in office.
Position in the sector
€51,824
Higher net result than 85% of companies in wholesale trade. Sector median €5,616 · 13,806 companies.
Checked score
67
Healthy
Financially stronger than 59% of micro companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
10-2025: 1.6%
11-2025: 1.6%● unchanged vs 10-2025
12-2025: 1.7%▲ +0.1 percentage points vs 11-2025
01-2026: 2.0%▲ +0.3 percentage points vs 12-2025
02-2026: 2.1%▲ +0.1 percentage points vs 01-2026
03-2026: 2.4%▲ +0.3 percentage points vs 02-2026
04-2026: 2.4%● unchanged vs 03-2026
05-2026: 2.6%▲ +0.2 percentage points vs 04-2026
06-2026: 2.7%▲ +0.1 percentage points vs 05-2026
07-2026: 2.5%▼ -0.2 percentage points vs 06-2026
08-2026: 2.6%▲ +0.1 percentage points vs 07-2026
09-2026: 2.9%▲ +0.3 percentage points vs 08-2026highest value
10-2026: 1.1%▼ -1.8 percentage points vs 09-2026lowest value
11-2026: 1.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Size: total assets €141,427
lowers risk
Liquidity: current ratio 1.52, cash €22,783
Figures for financial year 2025 (filed on 29-04-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 46% of them on solvency, 35% on liquidity and 95% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as Libico has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Libico itself: 1.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for Libico. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.52, above the usual 1.5. Short-term debt is 62.6% and cash 16.1% of total assets. However, 62.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 · 1 filingDeviation from the deadline
2025
1 day early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Appointment: Peeters Timotheus (director)
General meeting of 29-12-2023 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1014381854
Incorporation
Capital contribution of €1,000 · Contribution: IJZERMAN Libertus · Appointment: IJZERMAN Libertus (director) · published on 02-10-2024 · Gazette deed
First establishment
Hinowa België / Lotus Benelux, Brandstraat 20, Heist-op-den-Berg
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Libico Heist-op-den-Berg | €141,427 | €69,714 | 37.4% | - |
| BEWOLKT Kortenberg | €220,818 | €71,519 | 9.3% | - |
| KOK MILIEUOPSLAGSYSTEMEN BELGIË Roeselare | €177,209 | €74,527 | 53.6% | 0 |
| PEROLO BELGIUM Tournai | €177,075 | €41,590 | 56.5% | - |
| Eviar Wetteren | €158,571 | €41,434 | 0.5% | - |
| MONEYTIC Brussels | €193,773 | €56,504 | 4.3% | - |
| Tiptig Benelux Kontich | €167,892 | €31,844 | 17.7% | - |
These companies have the same main activity as Libico: wholesale of other machinery and equipment (NACE 46649). They are comparable in size and age: total assets between €159,000 and €221,000, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 30-09-2024Normal situation
- Activity
- Wholesale of other machinery and equipmentNACE 46649and 3 others
- Establishment unit
- 2.364.429.6362221 Heist-op-den-Berg, since 30-09-2024
- Financial year end
- 30 September
- Peppol
- Reachable since 31-12-2025
Annual accounts to 30-09-2025
- €69,714
- €51,824
- €52,824
- €141,427
- Filing
- Filed on 29-04-2026, 1 day before the end of the filing period
Insights on Libico
Libico has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52,824 and a net result of €51,824.
Its solvency ranks better than 48% of 13,800 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-04-2026, 1 day before the deadline€69,714
€65,193
€51,824
€46,263
37.4%
1.52
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €370,000. Estimated: probably between €190,000 and €660,000.
Balance sheet
balance sheet total €141,427 on 30-09-2025What the company ownsHow it is paid for
Position in the sector
37.4%
Higher than 48% of 13,800 companies in 2025.
1.52
Higher than 47% of 13,181 companies in 2025.
36.6%
Higher than 93% of 13,360 companies in 2025.
Libico
Middle half of the sector
80% of the sector
Micro accounts in wholesale trade (NACE 46)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
141,427 | |
21/28 |
6,561 | |
22/27 |
6,561 | |
24 |
6,561 | |
29/58 |
134,865 | |
3 |
29,531 | |
30/36 |
29,531 | |
40/41 |
54,412 | |
40 |
54,412 | |
54/58 |
22,783 | |
490/1 |
28,139 | |
| Balance sheet: equity and liabilities | ||
10/49 |
141,427 | |
10/15 |
52,824 | |
10/11 |
1,000 | |
13 |
51,824 | |
133 |
51,824 | |
17/49 |
88,603 | |
42/48 |
88,603 | |
44 |
53,978 | |
440/4 |
53,978 | |
45 |
15,391 | |
450/3 |
15,391 | |
47/48 |
19,234 | |
| Income statement | ||
9900 |
69,714 | |
630 |
2,933 | |
640/8 |
1,469 | |
66A |
119 | |
9901 |
65,193 | |
75/76B |
0 | |
75 |
0 | |
65/66B |
135 | |
65 |
135 | |
9903 |
65,058 | |
67/77 |
13,234 | |
9904 |
51,824 | |
9905 |
51,824 | |
| Appropriation of the result | ||
9906 |
51,824 | |
691/2 |
51,824 | |
6921 |
51,824 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 29-04-2026 | 2026-00098873 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 68,126 | ||
| 54,757 | ||
| 9,495 | ||
| 46,263 | ||
| 37.4% | ||
| 1.52 | ||
| 1.19 | ||
| 1.68 | ||
| 98.1% | ||
| 36.6% | ||
| over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-09-2025 |
|---|---|
| Tangible fixed assets | €9,495 |
| €2,933 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on Libico
Debt's share of the balance-sheet total is 62.6%.
Board & ownership
Board
2 directors, no change since January 2026Director
since 25-09-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 29-04-2026
Mandates through the years
2 names, the dashed line is todayIJZERMAN Libertus
Director
Director
Peeters Timotheus
Director
Director
Boardmandate already running before its first mention
Mandates as a list
- IJZERMAN Libertus
- Director, from 25-09-2024 to date
- Peeters Timotheus
- Director, since before 30-09-2025
Control
Capital
- Contribution
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- €528 in 2025
- Source
- 2025 annual accounts
Articles of association
deed of 02-10-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Daily managementDay-to-day management handles the everyday running of the business without the full board.
- The board decides whether the delegates act alone or jointly
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 15 March at 19:00
Shareholders
Contribution
deed of 02-10-2024 ↗
- IJZERMAN Libertus €1,000 in cash
Network & group
No group
Libico has no parent and no holdings in its annual accounts. Libico shares no director with another company.
At the same address
Brandstraat 20, 2221 Heist-op-den-Berg · 1 other company| VTN EUROPE
establishment since 11-12-2001 · founded in 2001 |
total assets €1.0m (2025) 0475.854.977 |
Timeline
Timeline
5 events since 2024Board
Filings
Establishments
202420252026
2026
- General meeting, 29-12-2023
- Director appointment, Peeters Timotheus
Annual accounts 2025 filed NBBmicro format · 1 day before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1014381854
2024
IncorporationCapital contribution of €1,000 · Contribution: IJZERMAN Libertus · Appointment: IJZERMAN Libertus (director) · published on 02-10-20245 points ▸
- 100 shares
- Registered office clause, Brandstraat 20, 2221 Heist-op-den-Berg (Booischot)
- Board rule, 1
- Director appointment, IJZERMAN Libertus
- Capital contribution, €1,000
- The deed holds 1 more point.
First establishment Hinowa België / Lotus Benelux, Brandstraat 20, Heist-op-den-Berg
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Libico was incorporated on 30 September 2024 as a private limited company.1 The board currently has 2 members. IJZERMAN Libertus has served longest, since 2024.2 The company has filed annual accounts once, for financial year 2025.2
Company details
Identity
- Enterprise number
- 1014.381.854
- VAT number
- BE 1014.381.854
- Peppol ID
- 0208:1014381854
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 30-09-2024
- Financial year
- ends on 30 September
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 15 March at 19:00deed of 02-10-2024 (in Dutch)
- Meeting accessThe articles set who may attend the meeting and what is needed to be admitted.
- “Indien enkel de stemrechten geschorst zijn, mag hij nog steeds deelnemen aan de algemene vergadering zonder te kunnen deelnemen aan de…”deed of 02-10-2024 (in Dutch)
- Voting ruleThe articles set which majority the meeting decides by, for example a simple or a special majority.
- “Elke aandeelhouder kan aan ieder andere persoon, al dan niet aandeelhouder, door alle middelen van overdracht, een schriftelijke volmacht…”deed of 02-10-2024 (in Dutch)
- Written votingThe articles set whether shareholders may vote in writing in advance, without attending.
- “Schriftelijk vooraf, ten laatste 8 dagen vóór de dag van de algemene vergadering”deed of 02-10-2024 (in Dutch)
- Peppol
- Reachable since 31-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Libico in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 02-10-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 02-10-2024 (in Dutch)
Activities
NACEBEL 202546649
Wholesale of other machinery and equipment main activity
46820
Wholesale trade
Codes under NACEBEL 2008
46699
Wholesale trade main activity
46720
Wholesale trade
70220
Business consulting
71121
Engineering activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “De aan- en verkoop, huur en verhuring, import en export, onderhoud en herstelling van machines en werktuigen in de ruimst mogelijke zin…”deed of 02-10-2024 (in Dutch)
5 activities
- De aan- en verkoop, huur en verhuring, import en export, onderhoud en herstelling van machines en werktuigen in de ruimst mogelijke zin.
- Handelsbemiddeling in machines, werktuigen en andere goederen.
- De begeleiding en verbetering van bedrijfsprocessen.
- Aankoop en verkoop, huur en verhuur van bouwmaterialen, machines en installaties uit de bouwsector.
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend en onroerend vermogen, alle verrichtingen met betrekking tot roerende en onroerende goederen en rechten, van welke aard ook.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Hinowa België / Lotus Benelux registered office Brandstraat 20, 2221 Heist-op-den-Berg | 30-09-2024 | 2.364.429.636 |
Buildings and parcels at the address
- Ground area
- 216 m²
- Buildings
- 199 m²
- Volume, LiDAR
- 1,148 m³
- Tallest building
- 8.0 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 12006C0549/00A000 | 216 m² | 1 · 199 m² | 8.0 m · 2 |