Librae Development
ActiveSummary
Librae Development has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35k and a net result of €13k. Equity is growing by ~36.5% per year across the filed fiscal years. Its solvency ranks better than 37% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▲+11
Solvency65▲+13
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.5 against 1.18 in 2024; short-term debt: 60.1% and cash: 43.7% of total assets), and 60.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39.9%
Return on assets
15.1%
Age of the figures
12 mo
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 24-04-2026, 6 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
6 d early
2024
on the day
2023
1 d early
2022
28 d late
2021
214 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Turnover
€183k
EBIT margin
12.1%
Net result
€13k▲ 149%
2024 · €5k
Working capital
€26k▲ 142%
2024 · €11k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€183k-
Operating result€22k-€-13k€16k€6k▼ 61.8%€22k▲ 254%
Net result€16k-€-13k€11k€5k▼ 52.0%€13k▲ 149%
EBIT margin12.1%-
Equity€19k-€6k▼ 68.0%€17k▲ 181%€23k▲ 30.9%€35k▲ 54.9%
Total assets€50k-€40k▼ 19.8%€96k▲ 138%€85k▼ 11.8%€88k▲ 3.8%
Debt€31k-€34k▲ 10.2%€79k▲ 130%€62k▼ 21.1%€53k▼ 14.8%
Working capital€15k-€-8k€3k€11k▲ 275%€26k▲ 142%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 254% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €88k
Fixed assets
€9k ▼ 25.6%
Current assets
€79k ▲ 8.5%
Equity and liabilities €88k
Equity
€35k ▲ 54.9%
Debt
€53k ▼ 14.8%
Debt's share of the balance-sheet total falls from 73.3% to 60.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23k▲
2024 · €10k
Cash flow
€15k▲
2024 · €9k
Current ratio
1.50▲
2024 · 1.18
Debt to equity
1.51▼
2024 · 2.74
ROE
37.9%▲
2024 · 23.6%
ROA
15.1%▲
2024 · 6.3%
Interest coverage
13.60▼
2024 · 169.41
Debt ≤ 1 year
€53k▼
2024 · €62k
Income taxes
€6k▲
2024 · €666
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €183k | - | - | - | - | - |
| Non-recurring operating income76A | - | - | €525 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €165k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €5k | €6k | €4k | €2k | ▼ 46.0% |
| Other operating charges640/8 | €10k | €1k | €639 | €363 | €1k | ▲ 234% |
| Gross operating margin9900 | €38k | €-7k | €22k | €10k | €25k | ▲ 147% |
| Operating profit (loss)9901 | €22k | €-13k | €16k | €6k | €22k | ▲ 254% |
| Financial income75/76B | €0 | €3 | - | - | €0 | - |
| Recurring financial income75 | €0 | €3 | - | - | €0 | - |
| Financial charges65/66B | €174 | €107 | €96 | €57 | €2k | ▲ 2,936% |
| Recurring financial charges65 | €174 | €107 | €96 | €57 | €2k | ▲ 2,936% |
| Profit (loss) for the period before taxes9903 | €22k | €-13k | €16k | €6k | €20k | ▲ 229% |
| Income taxes67/77 | €6k | - | €5k | €666 | €6k | ▲ 875% |
| Profit (loss) for the period9904 | €16k | €-13k | €11k | €5k | €13k | ▲ 149% |
| Profit (loss) for the period to be appropriated9905 | €16k | €-13k | €11k | €5k | €13k | ▲ 149% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €50k | €40k | €96k | €85k | €88k | ▲ 3.8% |
| Fixed assets21/28 | €18k | €14k | €14k | €12k | €9k | ▼ 25.6% |
| Tangible fixed assets22/27 | €14k | €10k | €11k | €8k | €9k | ▲ 8.8% |
| Furniture and vehicles24 | €12k | €8k | €3k | €633 | €3k | ▲ 300% |
| Other tangible fixed assets26 | €3k | €3k | €8k | €7k | €6k | ▼ 16.0% |
| Financial fixed assets28 | €4k | €4k | €4k | €4k | - | - |
| Current assets29/58 | €32k | €26k | €82k | €73k | €79k | ▲ 8.5% |
| Amounts receivable within one year40/41 | €5k | - | €78k | €66k | €40k | ▼ 39.8% |
| Trade receivables40 | €5k | - | €76k | €66k | €40k | ▼ 39.8% |
| Other amounts receivable41 | - | - | €1k | - | - | - |
| Cash at bank and in hand54/58 | €27k | €25k | €4k | €6k | €38k | ▲ 524% |
| Deferred charges and accrued income490/1 | - | €1k | €52 | €421 | €760 | ▲ 80.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €50k | €40k | €96k | €85k | €88k | ▲ 3.8% |
| Equity10/15 | €19k | €6k | €17k | €23k | €35k | ▲ 54.9% |
| Contributions10/11 | €4k | €4k | €4k | €4k | €4k | = |
| Profit (loss) carried forward14 | €16k | €3k | €14k | €19k | €32k | ▲ 64.9% |
| Amounts payable17/49 | €31k | €34k | €79k | €62k | €53k | ▼ 14.8% |
| Amounts payable within one year42/48 | €17k | €34k | €79k | €62k | €53k | ▼ 14.8% |
| Trade debts44 | €6k | €8k | €27k | €16k | €2k | ▼ 87.0% |
| Suppliers440/4 | €427 | €8k | €27k | €16k | €2k | ▼ 87.0% |
| Bills of exchange payable441 | €6k | - | - | - | - | - |
| Taxes, remuneration and social security45 | €855 | €13k | €4k | €6k | €9k | ▲ 67.9% |
| Taxes450/3 | €855 | €13k | €4k | €6k | €9k | ▲ 67.9% |
| Other amounts payable47/48 | €10k | €14k | €48k | €41k | €42k | ▲ 1.3% |
| Accrued charges and deferred income492/3 | €14k | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16k | €-13k | €11k | €5k | €13k | ▲ 149% |
| + Depreciation and write-downs630 | €7k | €5k | €6k | €4k | €2k | ▼ 46.0% |
| Operating cash flow (approximation) | €22k | €-8k | €17k | €9k | €15k | ▲ 71.1% |
| Investment in fixed assets (approximation) | - | €-1k | €-6k | €-900 | €1k | ▲ 222% |
| Change in cash | - | €-2k | €-21k | €2k | €32k | ▲ 1,505% |
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
Next filing, fiscal year 2026, expected by
2026
24-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
28-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 214 days late
30-09
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
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, Lasne · 1 establishment unit since 2019
Ground area
9,634 m²
Building footprint
1,362 m²
Volume, LiDAR
6,765 m³
2 parcels, Brussels, Wallonia · tallest building 16.0 m, ±2 floors. Linked by address, not a title deed.
30
companies at this address
See who is registered here
1 establishment unit
Librae Development
since 20192.297.317.514
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25076F0005/00L002 | Wallonia | 8,821 m² | 1 · 1,080 m² | 7.7 m · 1 fl. |
| 21652E0266/00W004 | Brussels | 813 m² | 1 · 282 m² | 16.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 35,654 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-12-2019
Fiscal year end30-09
Abbreviation FR
LBRD
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.