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LIBRA

Active
Private limited company (pre-2019)founded 2005active for 21 yearsLuxemburgstraat 20, 1000 Brussel, BelgiumKBO/BCE: BE 0871.294.085
Summary

The computed 12-month bankruptcy probability of LIBRA is 2.1% (moderate). The 2024 annual accounts show equity of €83,378 and a net result of €4,374. Equity is growing by about 14% per year across the filed financial years. The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
≈ €150,000turnover 2024, estimated
Equity
€83,378
Profit
€4,374
Turnover estimated from the gross margin
Financial health
53 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.1%
Structure
2025 accounts not filed, 90 days past the deadline3 deeds in the Belgian Official Gazette
Why 53raises riskFigures for financial year 2024 (filed 04-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 3 of the last 3 lateLiquidity: current ratio 0.02, cash €8,724lowers riskSize: total assets €648,239Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 36% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Weak
Solvency 38+1
equity 12.9% of total assets
Liquidity 10-1
short-term debt 76.8% · cash 1.3%
Profitability 70-1
return on assets 0.7%
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 3.2%highest value 12-2024: 0.7%▼ -2.5 percentage points vs 11-2024 01-2025: 0.8%▲ +0.1 percentage points vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.7%▼ -0.1 percentage points vs 03-2025 05-2025: 0.8%▲ +0.1 percentage points vs 04-2025 06-2025: 0.9%▲ +0.1 percentage points vs 05-2025 07-2025: 1.0%▲ +0.1 percentage points vs 06-2025 08-2025: 1.5%▲ +0.5 percentage points vs 07-2025 09-2025: 1.7%▲ +0.2 percentage points vs 08-2025 10-2025: 2.3%▲ +0.6 percentage points vs 09-2025 11-2025: 0.5%▼ -1.8 percentage points vs 10-2025lowest value 12-2025: 0.5%● unchanged vs 11-2025lowest value 01-2026: 0.6%▲ +0.1 percentage points vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.7%▲ +0.1 percentage points vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 1.2%▲ +0.4 percentage points vs 07-2026 09-2026: 1.4%▲ +0.2 percentage points vs 08-2026 10-2026: 2.1%▲ +0.7 percentage points vs 09-2026
Credit of up to €4,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.02, compared with 0.01 in 2023, below 1; short-term debt: 76.8% and cash: 1.3% of total assets), and 87.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 24% on solvency, 9% on liquidity, 48% on profitability and 61% on growth.

The bankruptcy probability was computed on 29-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €648,239
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 04-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 3 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 0.02, cash €8,724
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 90 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline29-10-2026 today
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
61 days late
2023
119 days late
2022
57 days late
2021
31 days late
2018
12 days late
2017
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 51 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Highest result from 2018 to 2024net €11,776 ▲369%

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 29 October 2026.

Turnover
≈ €150,000
Estimated: probably between €92,000 and €280,000
Total assets
€648,239▼ 3.0%
2023 · €668,482
Net result
€4,374▼ 62.9%
2023 · €11,776
Working capital
-€488,999▲ 0.7%
2023 · -€492,398
Trend over the years

2018 to 2024, 5 financial years 2018 to 2024, 5 financial years

The operating result falls in 2024; 2024 is 53% below 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€7,495 2024 Net result€4,374 2024

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182021202220232024
Operating result€22,504-€24,740-€1,429▼ 94.2%€15,952▲ 11×€7,495▼ 53.0%
Net result-€1,934-€8,851-€2,513▼ 71.6%€11,776▲ 369%€4,374▼ 62.9%
Equity€17,510-€64,716-€67,229▲ 3.9%€79,004▲ 17.5%€83,378▲ 5.5%
Total assets€792,779-€721,224-€689,007▼ 4.5%€668,482▼ 3.0%€648,239▼ 3.0%
Debt€775,269-€656,508-€621,778▼ 5.3%€589,477▼ 5.2%€564,861▼ 4.2%
Working capital-€541,682--€513,300▲ 5.2%-€492,398▲ 4.1%-€488,999▲ 0.7%
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €648,239
Fixed assets €639,515 ▼ 3.5%
Current assets €8,724 ▲ 45.8%
Equity and liabilities €648,239
Equity €83,378 ▲ 5.5%
Debt €564,861 ▼ 4.2%
Debt's share of the balance-sheet total falls from 88.2% to 87.1%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€33,555▼
2023 · €41,733
Cash flow
€30,435▼
2023 · €37,557
Current ratio
0.02▲
2023 · 0.01
Debt to equity
6.77▼
2023 · 7.46
ROE
5.2%▼
2023 · 14.9%
ROA
0.7%▼
2023 · 1.8%
Interest coverage
62.45▲
2023 · 60.25
Debt ≤ 1 year
€497,723▼
2023 · €498,382
Income taxes
€2,584▼
2023 · €3,416
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,685 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96.9% are still going.

  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.1% went bankrupt
1.9% stopped otherwise
96.9% still going

For this company itself Checked computes a higher bankruptcy probability: 2.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 4,685 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet Code20232024
Assets
Total assets20/58€668,482€648,239▼
Fixed assets21/28€662,497€639,515▼
Tangible fixed assets22/27€662,497€639,515▼
Land and buildings22€662,497€636,716▼
Furniture and vehicles24-€2,799
Current assets29/58€5,985€8,724▲
Cash at bank and in hand54/58€5,985€8,724▲
Equity and liabilities
Total equity and liabilities10/49€668,482€648,239▼
Equity10/15€79,004€83,378▲
Contributions10/11€18,600€18,600=
Capital10€18,600€18,600=
Issued capital100€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Legal reserve130€1,860€1,860=
Profit (loss) carried forward14€58,544€62,918▲
Amounts payable17/49€589,477€564,861▼
Amounts payable within one year42/48€498,382€497,723▼
Trade debts44-€4,117
Suppliers440/4-€4,117
Taxes, remuneration and social security45€7,000€2,500▼
Taxes450/3€7,000€2,500▼
Other amounts payable47/48€491,382€491,106▼
Accrued charges and deferred income492/3€91,095€67,139▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,781€26,061▲
Other operating charges640/8€1,453€4,587▲
Gross operating margin9900€43,186€38,143▼
Operating profit (loss)9901€15,952€7,495▼
Financial charges65/66B€761€537▼
Recurring financial charges65€693€537▼
Non-recurring financial charges66B€68-
Profit (loss) for the period before taxes9903€15,191€6,957▼
Income taxes67/77€3,416€2,584▼
Profit (loss) for the period9904€11,776€4,374▼
Profit (loss) for the period to be appropriated9905€11,776€4,374▼
Appropriation of the result
Profit (loss) to be appropriated9906€58,544€62,918▲
Profit (loss) brought forward from the previous period14P€46,769€58,544▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,501€25,869€25,869€25,781€26,061▲ 1.1%
Other operating charges640/8-€11,285€609€1,453€4,587▲ 216%
Gross operating margin9900€62,239€61,894€27,907€43,186€38,143▼ 11.7%
Operating profit (loss)9901€22,504€24,740€1,429€15,952€7,495▼ 53.0%
Financial charges65/66B-€9,806€347€761€537▼ 29.4%
Recurring financial charges65€24,362€9,806€347€693€537▼ 22.4%
Non-recurring financial charges66B---€68--
Profit (loss) for the period before taxes9903-€1,858€14,934€1,082€15,191€6,957▼ 54.2%
Income taxes67/77€77€6,083-€1,431€3,416€2,584▼ 24.4%
Profit (loss) for the period9904-€1,934€8,851€2,513€11,776€4,374▼ 62.9%
Profit (loss) for the period to be appropriated9905-€1,934€8,851€2,513€11,776€4,374▼ 62.9%
Line20182021202220232024Change
Assets
Total assets20/58€792,779€721,224€689,007€668,482€648,239▼ 3.0%
Fixed assets21/28€792,779€714,147€688,278€662,497€639,515▼ 3.5%
Tangible fixed assets22/27€792,779€714,147€688,278€662,497€639,515▼ 3.5%
Land and buildings22-€714,059€688,278€662,497€636,716▼ 3.9%
Plant, machinery and equipment23-€88----
Furniture and vehicles24----€2,799-
Current assets29/58-€7,077€729€5,985€8,724▲ 45.8%
Cash at bank and in hand54/58-€7,077€729€5,985€8,724▲ 45.8%
Equity and liabilities
Total equity and liabilities10/49€792,779€721,224€689,007€668,482€648,239▼ 3.0%
Equity10/15€17,510€64,716€67,229€79,004€83,378▲ 5.5%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Capital10-€18,600€18,600€18,600€18,600=
Issued capital100-€18,600€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Legal reserve130-€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14-€2,950€44,256€46,769€58,544€62,918▲ 7.5%
Amounts payable17/49€775,269€656,508€621,778€589,477€564,861▼ 4.2%
Amounts payable after more than one year17€139,010-----
Amounts payable within one year42/48€557,909€548,759€514,029€498,382€497,723▼ 0.1%
Trade debts44----€4,117-
Suppliers440/4----€4,117-
Taxes, remuneration and social security45-€16,500€6,500€7,000€2,500▼ 64.3%
Taxes450/3-€16,500€6,500€7,000€2,500▼ 64.3%
Other amounts payable47/48-€532,259€507,529€491,382€491,106▼ 0.1%
Accrued charges and deferred income492/3-€107,749€107,749€91,095€67,139▼ 26.3%
Line20182021202220232024Change
Profit (loss) for the period9904-€1,934€8,851€2,513€11,776€4,374▼ 62.9%
+ Depreciation and write-downs630€28,501€25,869€25,869€25,781€26,061▲ 1.1%
Operating cash flow (approximation)€26,566€34,720€28,382€37,557€30,435▼ 19.0%
Investment in fixed assets (approximation)--€0€0-€3,079-
Change in cash---€6,348€5,256€2,739▼ 47.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 18 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 micro format 30-09-2025 2025-00530238
31-12-2023 micro format 27-11-2024 2024-00604998
31-12-2022 micro format 26-09-2023 2023-00458308
31-12-2021 micro format 31-08-2022 2022-20372828
31-12-2018 micro format 12-08-2019 2019-45800472
31-12-2017 micro format 28-08-2018 2018-52300239
31-12-2016 micro format 19-09-2017 2017-61200549
31-12-2015 full format 22-08-2016 2016-48200273
31-12-2014 full format 04-08-2015 2015-39600162
31-12-2013 full format 02-07-2014 2014-25400238

Show all 18 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 19 January 2005, LIBRA was incorporated.1 Total assets went from €792,779 in 2018 to €648,239 in 2024.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2024

Acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
financial year 2024 · micro format · 61 days late
2024
27-11
NBB filing Annual accounts filed
financial year 2023 · micro format · 119 days late
2023
31-12
Financial Highest result from 2018 to 2024net €11,776 ▲369%
Net result €11,776, the highest in the series.
26-09
NBB filing Annual accounts filed
financial year 2022 · micro format · 57 days late
2022
31-08
NBB filing Annual accounts filed
financial year 2021 · micro format · 31 days late
2021
31-12
Financial Back to profitnet €8,851
Net result €8,851 after one loss-making year.
2019
12-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 12 days late
2018
28-08
NBB filing Annual accounts filed
financial year 2017 · micro format · 28 days late
2017
19-09
NBB filing Annual accounts filed
financial year 2016 · micro format · 50 days late
2016
22-08
NBB filing Annual accounts filed
financial year 2015 · full format · 22 days late
2015
04-08
NBB filing Annual accounts filed
financial year 2014 · full format · 4 days late
2014
02-07
NBB filing Annual accounts filed
financial year 2013 · full format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 18 annual accounts filed, the latest 10 are here; all 18 are under Financials.
0 of 3 deeds read
About the unread acts

We know of 3 Belgian Official 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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Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded19-01-2005
Financial year end31-12
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if you send it electronically, you need their agreement on a secure channel. The invoice remains valid; it is the customer, not you, who risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2005
registered office establishment The establishment unit on the map
Ground area
204 m²
Building footprint
159 m²
Building volume
2,747 m³
Parcel 21805E0462/00P002, Brussels · tallest building 29.5 m. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
LIBRA
Luxemburgstraat 20, 1000 BrusselBuying and selling of own real estate
since 2005unit no. 2.327.250.922
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21805E0462/00P002
ProtectedArchitectural ensembleGeheel van neoclassicistische huizenSource ↗
Brussels 204 m² 1 · 159 m² 29.5 m · 7
How the parcels are linked
Good to know
The parcel matches the address exactly.
1 of these parcels carries protected heritage: expect extra rules on renovation or sale.