Equity
Librae Development paid out €877 in dividends. That is 7% of the 2025 profit.
Librae Development paid out €877 in dividends. That is 7% of the 2025 profit.
The micro format states no turnover.
Green is investment, beige is depreciation.
The 2021 accounts came latest: 214 days after the end of the period.
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro). It does better than 38% of them on solvency, 61% on liquidity, 57% on profitability and 81% on growth.
The bankruptcy probability was computed on 08-11-2026 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 very low class on 30-06-2025, 0.1% 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).
In July 2024, 26,972 companies had the same profile as Librae Development has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Librae Development itself is lower: 0.1% within 12 months. It rests on far more data about Librae Development than the profile alone.
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 26,972 companies, not a prediction for Librae Development. 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.
Liquidity is tight, with a current ratio of 1.5 (1.18 in 2024), below the usual 1.5. Short-term debt is 60.1% and cash 43.7% of total assets. 60.1% of the assets are financed with debt and provisions.
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.
The company filed its last 5 accounts on average 47 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Librae Development Lasne | €88,018 | €24,645 | 39.9% | - |
| MOHIO Rebecq | €84,278 | €25,603 | -26.8% | - |
| L&A Chastre | €79,915 | €23,391 | 48.3% | - |
| RENARD Marc Consulting Braine-l'Alleud | €70,224 | €24,763 | 42.6% | - |
| AGIVIO Jodoigne | €77,437 | €25,164 | 49.8% | - |
| Go4Fin Ghent | €88,762 | €25,231 | 61.2% | - |
| Minguet Office Liège | €90,284 | €24,546 | -28.4% | - |
These companies have the same main activity as Librae Development: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €70,200 and €90,300, founded between 2019 and 2020.
Librae Development files the micro format. That format states no turnover. The gross margin fell from €38,440 in 2021 to €24,645 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 37% of 39,364 companies in 2025.
Higher than 39% of 38,048 companies in 2025.
Higher than 51% of 38,520 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
88,018 | 84,808 | 96,103 | 40,394 | 50,354 | |
21/28 |
8,741 | 11,756 | 14,398 | 14,073 | 17,968 | |
22/27 |
8,741 | 8,031 | 10,673 | 10,348 | 14,243 | |
24 |
2,530 | 633 | 3,014 | 7,661 | 11,649 | |
26 |
6,211 | 7,398 | 7,659 | 2,687 | 2,594 | |
28 |
- | 3,725 | 3,725 | 3,725 | 3,725 | |
29/58 |
79,277 | 73,051 | 81,705 | 26,320 | 32,386 | |
40/41 |
40,038 | 66,464 | 77,500 | - | 5,060 | |
40 |
40,038 | 66,464 | 76,045 | - | 5,060 | |
41 |
- | - | 1,456 | - | - | |
54/58 |
38,478 | 6,166 | 4,153 | 25,145 | 27,326 | |
490/1 |
760 | 421 | 52 | 1,175 | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
88,018 | 84,808 | 96,103 | 40,394 | 50,354 | |
10/15 |
35,075 | 22,650 | 17,301 | 6,166 | 19,300 | |
10/11 |
3,500 | 3,500 | 3,500 | 3,500 | 3,500 | |
14 |
31,575 | 19,150 | 13,801 | 2,666 | 15,800 | |
17/49 |
52,943 | 62,157 | 78,802 | 34,227 | 31,054 | |
42/48 |
52,943 | 62,157 | 78,802 | 34,227 | 17,264 | |
44 |
2,029 | 15,552 | 27,168 | 7,552 | 6,128 | |
440/4 |
2,029 | 15,552 | 27,168 | 7,552 | 427 | |
441 |
- | - | - | - | 5,701 | |
45 |
9,361 | 5,574 | 4,095 | 12,619 | 855 | |
450/3 |
9,361 | 5,574 | 4,095 | 12,619 | 855 | |
47/48 |
41,553 | 41,032 | 47,539 | 14,057 | 10,281 | |
492/3 |
- | - | - | - | 13,790 | |
| Income statement | ||||||
70 |
- | - | - | - | 183,468 | |
76A |
- | - | 525 | - | - | |
9900 |
24,645 | 9,977 | 22,119 | -6,676 | 38,440 | |
60/61 |
- | - | - | - | 164,693 | |
630 |
1,914 | 3,542 | 5,599 | 5,150 | 6,540 | |
640/8 |
1,211 | 363 | 639 | 1,203 | 9,627 | |
9901 |
21,521 | 6,072 | 15,880 | -13,029 | 22,273 | |
75/76B |
0 | - | - | 3 | 0 | |
75 |
0 | - | - | 3 | 0 | |
65/66B |
1,723 | 57 | 96 | 107 | 174 | |
65 |
1,723 | 57 | 96 | 107 | 174 | |
9903 |
19,798 | 6,015 | 15,784 | -13,133 | 22,100 | |
67/77 |
6,496 | 666 | 4,649 | - | 6,300 | |
9904 |
13,301 | 5,349 | 11,135 | -13,133 | 15,800 | |
9905 |
13,301 | 5,349 | 11,135 | -13,133 | 15,800 | |
| Appropriation of the result | ||||||
9906 |
32,452 | 19,150 | 13,801 | 2,666 | 15,800 | |
14P |
19,150 | 13,801 | 2,666 | 15,800 | - | |
694/7 |
877 | - | - | - | - | |
694 |
877 | - | - | - | - | |
| Document | ||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 24-04-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 24-04-2026 | 2026-00086434 | |
| 30-09-2024 | micro format | 30-04-2025 | 2025-00088807 | |
| 30-09-2023 | micro format | 29-04-2024 | 2024-00085188 | |
| 30-09-2022 | micro format | 28-05-2023 | 2023-00098921 | |
| 30-09-2021 | micro format | 30-11-2022 | 2022-20533549 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 23,434 | 9,614 | 21,480 | -7,879 | 28,813 | ||
| 15,215 | 8,891 | 16,734 | -7,983 | 22,339 | ||
| 3,182 | 900 | 5,924 | 1,255 | 24,508 | ||
| 32,312 | 2,013 | -20,993 | -2,180 | - | ||
| 26,334 | 10,894 | 2,903 | -7,907 | 15,121 | ||
| - | - | - | - | 12.1% | ||
| 39.9% | 26.7% | 18.0% | 15.3% | 38.3% | ||
| 1.50 | 1.18 | 1.04 | 0.77 | 1.88 | ||
| 1.51 | 2.74 | 4.55 | 5.55 | 1.61 | ||
| 37.9% | 23.6% | 64.4% | -213.0% | 81.9% | ||
| 15.1% | 6.3% | 11.6% | -32.5% | 31.4% | ||
| 13.60 | over 100 | over 100 | -73.64 | over 100 | ||
| - | - | - | - | 10 days | ||
| - | - | - | - | 14 days |
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.
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,182 | €900 | €5,924 | €1,255 | €20,783 |
| Financial fixed assets | - | - | - | - | €3,725 |
| €1,914 | €3,542 | €5,599 | €5,150 | €6,540 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is over 3.5 times that of 2024 and the highest since 2021. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 73.3% to 60.1%. Equity is higher and debt is lower.
Librae Development has no parent and no holdings in its annual accounts. MIKOLAJCZAK Stanislas Dominique Michel Marie is the only director.
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The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 17 December 2019, Librae Development was incorporated as a private limited company by two natural persons, with a starting capital of €3,500.12 In 2025 the registered office moved to Lasne.3 MIKOLAJCZAK Stanislas Dominique Michel Marie has served as director since 2019.4 Total assets went from €50,354 in 2021 to €88,018 in 2025.5
| Establishment | Since | Unit number |
|---|---|---|
| Chaussée de Louvain 435 registered office 1380 Lasne | ||
| Georges Benoidtlaan 21 1170 Watermael-Boitsfort | 17-12-2019 | 2.297.317.514 |
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25076F0005/00L002 | Wallonia | 8,821 m² | 1 · 1,080 m² | 7.7 m · 1 |
| 21652E0266/00W004 | Brussels | 813 m² | 1 · 282 m² | 16.0 m · 2 |
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