LIBRA
ActiveSummary
For LIBRA, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €154,860 and a net result of -€2,039. Equity is shrinking by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 39% of 18403 sector peers (fiscal year 2023). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability18▲+6
Solvency44=
Growth22=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2023Solvency, return and age of the figures
Solvency
19.1%
Return on assets
-0.3%
Age of the figures
39 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-06-2024 close31-01-2025 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 21-02-2024, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
21 d late
2022
22 d late
2021
8 d late
2020
37 d late
2019
42 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 26 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Turnover
€18,794▲ 8.0%
2021 · €17,402
EBIT margin
-44.6%▼ 10.4pp
2021 · -34.1%
Net result
-€2,039▲ 78.1%
2022 · -€9,303
Working capital
€42,283▼ 4.3%
2022 · €44,188
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate 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
Line20192020202120222023
Turnover€170,498-€25,479▼ 85.1%€17,402▼ 31.7%€18,794▲ 8.0%
Operating result€124,671-€8,030▼ 93.6%-€5,939-€8,374▼ 41.0%-€1,798▲ 78.5%
Net result€91,045-€5,469within the sector's middle half▼ 94.0%-€9,353below the sector's middle half-€9,303below the sector's middle half▲ 0.5%-€2,039within the sector's middle half▲ 78.1%
EBIT margin73.1%-31.5%▼ 41.6pp-34.1%▼ 65.6pp-44.6%▼ 10.4pp
Equity€170,086-€175,555within the sector's middle half▲ 3.2%€166,202within the sector's middle half▼ 5.3%€156,899within the sector's middle half▼ 5.6%€154,860within the sector's middle half▼ 1.3%
Total assets€808,147-€806,378within the sector's middle half▼ 0.2%€809,650within the sector's middle half▲ 0.4%€809,937within the sector's middle half=€810,900within the sector's middle half▲ 0.1%
Debt€638,061-€630,824▼ 1.1%€643,448▲ 2.0%€653,038▲ 1.5%€656,040▲ 0.5%
Working capital€66,783-€66,829within the sector's middle half▲ 0.1%€51,898within the sector's middle half▼ 22.3%€44,188within the sector's middle half▼ 14.9%€42,283within the sector's middle half▼ 4.3%
Solvency21.0%-21.8%within the sector's middle half▲ 0.7pp20.5%within the sector's middle half▼ 1.2pp19.4%within the sector's middle half▼ 1.2pp19.1%within the sector's middle half▼ 0.3pp
Current ratio1.11-1.11within the sector's middle half=1.08within the sector's middle half▼ 0.031.07within the sector's middle half▼ 0.011.07within the sector's middle half=
Return on assets (ROA)11.3%-0.7%within the sector's middle half▼ 10.6pp-1.2%within the sector's middle half▼ 1.8pp-1.1%within the sector's middle half=-0.3%within the sector's middle half▲ 0.9pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate 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 stays negative: a loss of €1,798 in 2023 against €8,374 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €810,900
Fixed assets
€121,399 ▼ 0.1%
Current assets
€689,501 ▲ 0.2%
Equity and liabilities €810,900
Equity
€154,860 ▼ 1.3%
Debt
€656,040 ▲ 0.5%
Debt's share of the balance-sheet total rises from 80.6% to 80.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€1,663▲
2022 · -€8,239
Cash flow
-€1,905▲
2022 · -€9,168
Quick ratio
0.02▲
2022 · 0.01
Debt to equity
4.24▲
2022 · 4.16
ROE
-1.3%▲
2022 · -5.9%
Interest coverage
-6.88▲
2022 · -8.87
Debt ≤ 1 year
€647,218▲
2022 · €644,216
Debt > 1 year
€7,364=
2022 · €7,364
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €170,498 | €25,479 | €17,402 | €18,794 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €13,595 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €160 | €135 | €135 | €135 | €135 | = |
| Other operating charges640/8 | - | - | - | €13,438 | €9,668 | ▼ 28.1% |
| Gross operating margin9900 | €136,778 | €14,424 | €2,786 | €5,200 | €8,005 | ▲ 53.9% |
| Operating profit (loss)9901 | €124,671 | €8,030 | -€5,939 | -€8,374 | -€1,798 | ▲ 78.5% |
| Financial charges65/66B | - | - | - | €929 | €242 | ▼ 74.0% |
| Recurring financial charges65 | €33,626 | €1,194 | €3,414 | €929 | €242 | ▼ 74.0% |
| Profit (loss) for the period before taxes9903 | €91,045 | €6,836 | -€9,353 | -€9,303 | -€2,039 | ▲ 78.1% |
| Income taxes67/77 | - | €1,367 | - | - | - | - |
| Profit (loss) for the period9904 | €91,045 | €5,469 | -€9,353 | -€9,303 | -€2,039 | ▲ 78.1% |
| Profit (loss) for the period to be appropriated9905 | €91,045 | €5,469 | -€9,353 | -€9,303 | -€2,039 | ▲ 78.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €808,147 | €806,378 | €809,650 | €809,937 | €810,900 | ▲ 0.1% |
| Fixed assets21/28 | €121,937 | €121,803 | €121,668 | €121,533 | €121,399 | ▼ 0.1% |
| Intangible fixed assets21 | - | - | - | €0 | - | - |
| Tangible fixed assets22/27 | €112,933 | €112,798 | €112,663 | €112,529 | €112,394 | ▼ 0.1% |
| Land and buildings22 | - | - | - | €112,489 | €112,394 | ▼ 0.1% |
| Other tangible fixed assets26 | - | - | - | €40 | - | - |
| Financial fixed assets28 | €9,005 | €9,005 | €9,005 | €9,005 | €9,005 | = |
| Current assets29/58 | €686,210 | €684,576 | €687,982 | €688,404 | €689,501 | ▲ 0.2% |
| Stocks and contracts in progress3 | €679,286 | €679,286 | €679,286 | €679,286 | €679,286 | = |
| Stocks30/36 | - | - | - | €679,286 | €679,286 | = |
| Amounts receivable within one year40/41 | €5,546 | €5,135 | €7,055 | €9,070 | €10,123 | ▲ 11.6% |
| Other amounts receivable41 | - | - | - | €9,070 | €10,123 | ▲ 11.6% |
| Cash at bank and in hand54/58 | €117 | €155 | €1,641 | €49 | €93 | ▲ 89.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €808,147 | €806,378 | €809,650 | €809,937 | €810,900 | ▲ 0.1% |
| Equity10/15 | €170,086 | €175,555 | €166,202 | €156,899 | €154,860 | ▼ 1.3% |
| Contributions10/11 | €150,000 | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Capital10 | - | - | - | €150,000 | €150,000 | = |
| Issued capital100 | - | - | - | €150,000 | €150,000 | = |
| Profit (loss) carried forward14 | €20,086 | €25,555 | €16,202 | €6,899 | €4,860 | ▼ 29.6% |
| Amounts payable17/49 | €638,061 | €630,824 | €643,448 | €653,038 | €656,040 | ▲ 0.5% |
| Amounts payable after more than one year17 | €18,634 | €13,077 | €7,364 | €7,364 | €7,364 | = |
| Financial debts170/4 | - | - | - | €7,364 | €7,364 | = |
| Amounts payable within one year42/48 | €619,427 | €617,747 | €636,084 | €644,216 | €647,218 | ▲ 0.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €1,922 | €1,922 | = |
| Trade debts44 | €5,167 | €8,788 | €11,717 | €31,983 | €42,446 | ▲ 32.7% |
| Suppliers440/4 | - | - | - | €31,983 | €42,446 | ▲ 32.7% |
| Other amounts payable47/48 | - | - | - | €610,311 | €602,850 | ▼ 1.2% |
| Accrued charges and deferred income492/3 | - | - | - | €1,458 | €1,458 | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €91,045 | €5,469 | -€9,353 | -€9,303 | -€2,039 | ▲ 78.1% |
| + Depreciation and write-downs630 | €160 | €135 | €135 | €135 | €135 | = |
| Operating cash flow (approximation) | €91,205 | €5,603 | -€9,218 | -€9,168 | -€1,905 | ▲ 79.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €38 | €1,487 | -€1,593 | €44 | ▲ 103% |
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
2024
21-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
22-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
08-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
30-06
Financial
Weakest financial yearnet -€9,353
Net result drops to -€9,353, the lowest in the series; recovery starts the following year.
09-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 37 days late
2020
13-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2019
27-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 268 days late
2016
27-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 87 days late
2014
07-11
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
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, Knokke-Heist · 1 establishment unit since 1991
Ground area
118 m²
Building footprint
118 m²
Volume, LiDAR
1,610 m³
Parcel 31334B0310/00B000, Flanders · tallest building 19.2 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Dumortierlaan 15, 8300 Knokke-Heist
since 19912.054.513.349
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31334B0310/00B000 | Flanders | 118 m² | 1 · 118 m² | 19.2 m · 5 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 9,699 companies in sector 68121 we hold annual accounts for 7,393. 5,339 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded20-09-1991
Fiscal year end30-06
Activities, NACEBEL 2025
68121Development of residential building projects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0445133592
Registered
30-08-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.