LIBRAL
LIBRAL is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.22M and a net result of €-95k. Equity is growing by ~61.7% per year across the filed fiscal years. Its solvency ranks better than 75% of 7837 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €2.22M |
| Net result | €-95k |
| Better than sector | 75% |
| Active | 20 yrs |
Strong profile, led by solvency.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 78.1% | 51.3% | |
| Net result | €-95k | €33k | |
| Equity | €2.22M | €132k | |
| Gross operating margin | €181k | €63k | |
| Total assets | €2.85M | €337k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | n/a | n/a | n/a | n/a |
| EBITDA | n/a | n/a | n/a | n/a |
| Net profit | €-95k | €-9k | €173k | €23k |
| Cash flow | n/a | n/a | n/a | n/a |
| Staff costs | - | - | - | - |
| Income taxes | €0 | €14k | €74k | €20k |
| Dividends | - | €0 | €800 | - |
| Total assets | €2.85M | €2.96M | €1.57M | €1.40M |
| Equity | €2.22M | €2.32M | €776k | €604k |
| Debt | €555k | €574k | €721k | €732k |
| of which ≤ 1y | €114k | €83k | €181k | €142k |
| of which > 1y | €440k | €490k | €540k | €590k |
| Working capital | n/a | n/a | n/a | n/a |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | n/a | n/a | n/a | n/a |
| Quick ratio | n/a | n/a | n/a | n/a |
| Working capital ratio | n/a | n/a | n/a | n/a |
| Solvency | 78.1% | 78.3% | 49.4% | 43.1% |
| Debt / equity | n/a | n/a | n/a | n/a |
| Long-term debt ratio | n/a | n/a | n/a | n/a |
| Interest coverage | n/a | n/a | n/a | n/a |
| Gross margin | n/a | n/a | n/a | n/a |
| Net margin | n/a | n/a | n/a | n/a |
| ROA | -3.3% | -0.3% | 11.0% | 1.7% |
| ROE | -4.3% | -0.4% | 22.3% | 3.9% |
| EBITDA margin | n/a | n/a | n/a | n/a |
| Days sales outstanding | n/a | n/a | n/a | n/a |
| Days payable outstanding | n/a | n/a | n/a | n/a |
| Inventory turnover | n/a | n/a | n/a | n/a |
| Days inventory (DSI) | n/a | n/a | n/a | n/a |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €2.85M | €2.96M | €1.57M | €1.40M |
| Fixed assets | 21/28 | €1.84M | €2.08M | €842k | €1.19M |
| Intangible fixed assets | 21 | €80k | €120k | €160k | €200k |
| Tangible fixed assets | 22/27 | €1.76M | €1.96M | €682k | €993k |
| Current assets | 29/58 | €1.00M | €879k | €728k | €208k |
| Amounts receivable within one year | 40/41 | €622k | €612k | €147k | €142k |
| Cash & bank | 54/58 | €266k | €43k | €557k | €40k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.85M | €2.96M | €1.57M | €1.40M |
| Equity | 10/15 | €2.22M | €2.32M | €776k | €604k |
| Contributions / capital | 10/11 | €82k | €82k | €50k | €50k |
| Reserves | 13 | €2.24M | €2.24M | €725k | €553k |
| Accumulated profits (losses) | 14 | €-94k | €-4k | €964 | €964 |
| Provisions & deferred taxes | 16 | €67k | €70k | €73k | €65k |
| Amounts payable | 17/49 | €555k | €574k | €721k | €732k |
| Amounts payable after one year | 17 | €440k | €490k | €540k | €590k |
| Amounts payable within one year | 42/48 | €114k | €83k | €181k | €142k |
| Trade debts payable within one year | 44 | €50k | €9k | €12k | €604 |
| Income statement | |||||
| Gross operating margin | 9900 | €181k | €200k | €349k | €144k |
| Operating result | 9901 | €-89k | €14k | €261k | €44k |
| Financial income | 75 | €0 | €0 | €0 | - |
| Financial charges | 65 | €10k | €12k | €7k | €4k |
| Result before taxes | 9903 | €-98k | €2k | €255k | €40k |
| Income taxes | 67/77 | €0 | €14k | €74k | €20k |
| Net result for the period | 9904 | €-95k | €-9k | €173k | €23k |
| Result to be appropriated | 9905 | €-90k | €-5k | €30k | €23k |
| NACE primary | Activities of holding companies(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 21-12-2005 |
| Status | Active |
| Postal code | 8670 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38502F0079/00C000 | Flanders | 7,185 m² | 1 · 290 m² | 12.0 m · 3 fl. |
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
02-09-2024 All shares are now held by a single shareholder
Technical details
{
"events": [
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{
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],
"notary": {
"name": "Stephan MOURISSE",
"firm_city": null,
"firm_name": null,
"office_city": "POPERINGE",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-09-02",
"filing_date": "2024-08-23",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2024-07-23",
"unanimous": true,
"under_authorized_capital": true,
"underlying_resolution_date": null
},
"bedrijfsrevisor": {
"waived": false,
"firm_kbo": null,
"firm_name": "FILIP COBERT",
"ibr_number": null,
"mission_type": "apport_nature",
"individual_name": "Filip Cobert"
},
"subject_company": {
"kbo": "0878.068.249",
"name_full": "LIBRAL",
"legal_form": "Besloten Vennootschap",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"expedition",
"plan financier",
"bankattest",
"verslag bedrijfsrevisor"
],
"shareholders_after": [],
"share_classes_after": []
}28-03-2024 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": "completed",
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-03-28",
"filing_date": "2024-03-20",
"act_kind_objet": "Uittreksel splitsingsvoorstel d.d. 04.03.2024"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2024-03-04",
"unanimous": null
},
"conversion": null,
"detected_kind": "demerger_partial",
"report_waiver": {
"summary": "Alle aandeelhouders en houders van effecten zien af van de toepassing van artikel 12:62 van het Wetboek van Vennootschappen en Verenigingen.",
"articles": [
"12:62"
]
},
"restructuring": {
"parties": [
{
"kbo": "0463.689.001",
"name": "DEROO CONSTRUCTIE",
"role": "demerged",
"address": "Nijverheidsstraat 10, 8970 Poperinge",
"is_foreign": false,
"legal_form": "NV",
"is_new_company": false,
"jurisdiction_country": "BE"
},
{
"kbo": "0878.068.249",
"name": "LIBRAL",
"role": "recipient",
"address": "Weg der Hoop 6 bus 201, 8670 Koksijde (Oostduinkerke)",
"is_foreign": false,
"legal_form": "BV",
"is_new_company": false,
"jurisdiction_country": "BE"
}
],
"exchange_ratio": null,
"legal_articles": [
"12:62"
],
"is_cross_border": false,
"is_silent_merger": false,
"balance_basis_date": "2023-09-30",
"exchange_ratio_text": null,
"new_shares_issued_n": 434,
"real_estate_included": true,
"patrimony_description": "De overdracht omvat een bouwproject te Roeselare, een vendor loan van 300.000,00 euro en liquide middelen van afgerond 375.535,00 euro.",
"equity_transferred_eur": 1651429.9,
"accounting_effective_date": "2023-10-01"
},
"subject_company": {
"kbo": "0878.068.249",
"name_full": "DEROO CONSTRUCTIE",
"legal_form": "NV",
"_kbo_extracted_mismatch": "0463.689.001"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Paul DEROO",
"org_rep_person_name": null
},
"summary_narrative": "De Naamloze Vennootschap DEROO CONSTRUCTIE NV wordt parti\u00EBle splitsing. Het deel van het eigen vermogen dat wordt overgedragen, bedraagt 1.651.429,90 euro en wordt in LIBRAL BV omgezet in 434 aandelen. De overdracht is gebaseerd op het gecorrigeerd eigen vermogen per 30 september 2023 en de boekhoudkundige effecten worden geacht te zijn verricht vanaf 1 oktober 2023.",
"co_filed_documents": [
"splitsingsvoorstel d.d. 04.03.2024"
],
"detected_real_type": "demerger_completed",
"referenced_correction": null,
"should_reroute_to_category": null
}| Legal nameNL | LIBRAL |