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LIBO

Active Private limited companyfounded 1988active for 38 yearsKaulillerweg 100, 3990 PeerKBO/BCE: BE 0434.735.291 #10 oldest company in Peer, Wholesale and retail trade sector

Lifetime

20 annual accounts with figures on one time axis, 37 filings since 1989
peak €54,565 (2020)
-€33,197▼ €53,961
lowest -€197,799 (2010)
-€30,027▼ €34,143
peak €651,346 (2009)
€268,012▼ 10.1%
€206,945▼ 68.9%
Board1 name since 2022
1 director
Documentsfilings and deeds
30-08-202630 days late
2025abbreviated format
Gross margin from €20,764 to -€33,197Loss of €30,027Debts from €666,459 to €206,945

Key points

from the 2025 annual accounts

Equity

€268,012 from €651,346 in 2009

Equity fell by 59% in 16 years.

Liquidity

2.21 was 0.09 in 2024

Short-term debts fell from €666,459 to €200,741.

Filings

37 annual accounts since 1989
AprilJune31 JulyOctober1990200020102020

Seven of the last ten came late. The 2019 accounts came latest: 106 days after the end of the period.

Turnover not published (abbreviated or micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 8,609 companies had the same profile as LIBO has now. Each dot stands for 22 companies, two years later.

94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 8,609 companies, not a prediction for LIBO. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 11-04-2023

Shares in 1 company,

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0434735291
Resignation: (sole director) Reappointment: (director) · General meeting of 11-04-2023 · Gazette deed
Registered office moved within Peer New registered office: Kaulillerweg 100 te 3990 Peer · Previous registered office: Kruisdijk 3, 3990 Peer · Board meeting of 01-04-2019 · Gazette deed
First establishment Kaulillerweg 100, Peer
All 50 events

Comparable companies

same main activity, similar in size and age
Company
LIBO Peer €474,957 -€33,197 56.4% -
BOUWMARKT ROSIERS E & E Puurs-Sint-Amands €739,591 -€57,160 55.1% -
NIMOINVEST Aalst €875,157 -€3,761 34.3% 0
H. DE WITTE - VAN EECKHOUT Roeselare €913,194 -€14,318 48.7% -
DE VLEK Merelbeke-Melle €246,239 -€6,079 56.8% -
CERAMIGRES 2000 Fleurus €321,336 -€267,381 -100.1% -
VAN DEN BROECK FREDDIE Haacht €609,214 -€22,772 98.2% -

These companies have the same main activity as LIBO: retail sale of hardware, building materials, paint and glass (general range) (NACE 47521). They are comparable in size and age: total assets between €246,000 and €913,000, founded between 1987 and 2000.

Official details

Source: KBO
Status
Active since 07-07-1988Normal situation
Activity
Retail sale of hardware, building materials, paint and glass (general range)NACE 47521
Establishment unit
2.040.132.5063990 Peer, since 15-09-1988
Financial year end
31 December
Peppol
Reachable since 23-01-2025
Company details

Annual accounts 2025

€474,957▼ 50.8%
Filing
Filed on 30-08-2026
Financials

Insights on LIBO

LIBO files the abbreviated format. That format states no turnover. The gross margin fell from €27,081 in 2006 to -€33,197 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about LIBO

What is the company number of LIBO?
The company number of LIBO is 0434.735.291. The VAT number is the same number with BE in front: BE 0434.735.291.
Where is LIBO based?
The registered office is at Kaulillerweg 100, 3990 Peer.Company details
What does LIBO do?
According to the KBO register, the main activity is retail sale of hardware, building materials, paint and glass (general range) (NACE 47521).
What is the legal form of LIBO?
LIBO is a private limited company (BV).
When was LIBO founded?
LIBO was founded on 07-07-1988.
Is LIBO still active?
Yes, LIBO is an active enterprise in the KBO register.
What is the turnover of LIBO?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
Is LIBO profitable?
In financial year 2025, LIBO made a loss of €30,027.
Where can I find the annual accounts of LIBO?
LIBO filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LIBO due?
LIBO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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