Summary
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 €2.2m and a net result of -€95,162. Equity is growing by about 29% per year across the filed financial years. Its solvency ranks better than 76% of 9,723 sector peers (NACE 64, financial year 2025). The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €2.2m
- Loss
- -€95,162
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
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Signals
This company filed its last 7 accounts on average 16 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€95,162
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result turns negative in 2025: a loss of €88,590 after €13,917 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €190,111 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €91,349 | €86,176 | €91,544 | €93,858 | €81,335 | €175,955 | €251,610 | ▲ 43.0% |
| Other operating charges640/8 | - | - | - | €5,907 | €5,741 | €10,531 | €17,788 | ▲ 68.9% |
| Gross operating margin9900 | €129,049 | €120,828 | €277,363 | €143,837 | €348,531 | €200,404 | €180,808 | ▼ 9.8% |
| Operating profit (loss)9901 | €30,600 | €27,117 | €149,287 | €44,072 | €261,456 | €13,917 | -€88,590 | - |
| Financial income75/76B | - | - | - | - | €0 | €0 | €0 | - |
| Recurring financial income75 | €6 | - | - | - | €0 | €0 | €0 | - |
| Financial charges65/66B | - | - | - | €4,123 | €6,650 | €11,626 | €9,673 | ▼ 16.8% |
| Recurring financial charges65 | €4,172 | €4,640 | €4,275 | €4,123 | €6,650 | €11,626 | €9,673 | ▼ 16.8% |
| Profit (loss) for the period before taxes9903 | €26,433 | €22,478 | €145,011 | €39,948 | €254,806 | €2,291 | -€98,263 | - |
| Transfer from deferred taxes780 | - | - | - | €3,293 | €39,741 | €2,905 | €3,101 | ▲ 6.7% |
| Transfer to deferred taxes680 | - | - | - | - | €47,528 | €0 | - | - |
| Income taxes67/77 | €16,453 | €15,816 | €47,573 | €19,898 | €74,025 | €14,490 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €13,876 | €9,954 | €101,334 | €23,343 | €172,994 | -€9,293 | -€95,162 | ▼ 924% |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | €4,302 | €4,890 | ▲ 13.7% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €142,583 | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €13,876 | €9,954 | €101,334 | €23,343 | €30,411 | -€4,991 | -€90,272 | ▼ 1,709% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.5m | €1.4m | €1.5m | €1.4m | €1.6m | €3.0m | €2.8m | ▼ 3.9% |
| Fixed assets21/28 | €1.4m | €1.3m | €1.3m | €1.2m | €0.8m | €2.1m | €1.8m | ▼ 11.6% |
| Intangible fixed assets21 | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.1m | €0.08m | ▼ 33.3% |
| Tangible fixed assets22/27 | €1.0m | €1.0m | €1.0m | €1.0m | €0.7m | €2.0m | €1.8m | ▼ 10.3% |
| Land and buildings22 | - | - | - | €1.0m | €0.7m | €2.0m | €1.8m | ▼ 10.3% |
| Current assets29/58 | €0.1m | €0.1m | €0.2m | €0.2m | €0.7m | €0.9m | €1.0m | ▲ 14.3% |
| Amounts receivable after more than one year29 | - | - | - | - | - | €0.2m | €0.1m | ▼ 50.0% |
| Other amounts receivable291 | - | - | - | - | - | €0.2m | €0.1m | ▼ 50.0% |
| Amounts receivable within one year40/41 | €0.04m | €0.04m | €0.07m | €0.1m | €0.1m | €0.6m | €0.6m | ▲ 1.7% |
| Trade receivables40 | - | - | - | €0.04m | €0.05m | €0.04m | €0.2m | ▲ 341% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.1m | €0.6m | €0.5m | ▼ 19.7% |
| Cash at bank and in hand54/58 | €0.07m | €0.09m | €0.1m | €0.04m | €0.6m | €0.04m | €0.3m | ▲ 523% |
| Deferred charges and accrued income490/1 | - | - | - | €0.03m | €0.02m | €0.02m | €0.02m | ▼ 33.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.5m | €1.4m | €1.5m | €1.4m | €1.6m | €3.0m | €2.8m | ▼ 3.9% |
| Equity10/15 | €0.5m | €0.5m | €0.6m | €0.6m | €0.8m | €2.3m | €2.2m | ▼ 4.1% |
| Contributions10/11 | €0.05m | - | - | €0.05m | €0.05m | €0.08m | €0.08m | = |
| Reserves13 | €0.4m | €0.4m | €0.5m | €0.6m | €0.7m | €2.2m | €2.2m | ▼ 0.2% |
| Non-distributable reserves130/1 | - | - | - | €0.005m | €0.005m | €0.008m | €0.008m | = |
| Reserves not available under the articles1311 | - | - | - | €0.005m | €0.005m | €0.008m | €0.008m | = |
| Tax-exempt reserves132 | - | - | - | - | €0.1m | €0.2m | €0.2m | ▼ 2.6% |
| Distributable reserves133 | - | - | - | €0.5m | €0.6m | €2.0m | €2.0m | = |
| Profit (loss) carried forward14 | €332 | €286 | €0.001m | €0.001m | €0.001m | -€0.004m | -€0.09m | ▼ 2,241% |
| Provisions and deferred taxes16 | €0.08m | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | ▼ 4.4% |
| Deferred taxes168 | - | - | - | €0.07m | €0.07m | €0.07m | €0.07m | ▼ 4.4% |
| Amounts payable17/49 | €0.9m | €0.9m | €0.8m | €0.7m | €0.7m | €0.6m | €0.6m | ▼ 3.2% |
| Amounts payable after more than one year17 | €0.7m | €0.7m | €0.6m | €0.6m | €0.5m | €0.5m | €0.4m | ▼ 10.2% |
| Financial debts170/4 | - | - | - | €0.2m | €0.2m | €0.1m | €0.07m | ▼ 42.9% |
| Other amounts payable178/9 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.2m | €0.1m | €0.2m | €0.08m | €0.1m | ▲ 37.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Financial debts43 | - | - | - | €0.05m | €0.03m | €0 | - | - |
| Credit institutions430/8 | - | - | - | €0.05m | €0.03m | €0 | - | - |
| Trade debts44 | €0.003m | €0.008m | €0.006m | €0.001m | €0.01m | €0.009m | €0.05m | ▲ 442% |
| Suppliers440/4 | - | - | - | €0.001m | €0.01m | €0.009m | €0.05m | ▲ 442% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | €0.004m | - |
| Taxes, remuneration and social security45 | - | - | - | €0.05m | €0.08m | €0.02m | €0.005m | ▼ 71.8% |
| Taxes450/3 | - | - | - | €0.04m | €0.08m | €0.02m | €0.005m | ▼ 71.8% |
| Remuneration and social security454/9 | - | - | - | €0.009m | €0 | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €0.003m | €0.005m | €0.005m | ▲ 7.5% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €0.001m | €0.001m | ▲ 3.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.01m | €0.01m | €0.1m | €0.02m | €0.2m | -€0.009m | -€0.1m | ▼ 924% |
| + Depreciation and write-downs630 | €0.09m | €0.09m | €0.09m | €0.09m | €0.08m | €0.2m | €0.3m | ▲ 43.0% |
| Operating cash flow (approximation) | €0.1m | €0.1m | €0.2m | €0.1m | €0.3m | €0.2m | €0.2m | ▼ 6.1% |
| Investment in fixed assets (approximation) | - | €0 | -€0.08m | -€0.02m | €0.3m | -€1.4m | -€0.009m | ▲ 99.4% |
| Change in cash | - | €0.02m | €0.02m | -€0.07m | €0.5m | -€0.5m | €0.2m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2025 | micro format | 22-10-2025 | 2025-00552463 |
| 31-03-2024 | micro format | 30-10-2024 | 2024-00528020 |
| 31-03-2023 | micro format | 31-10-2023 | 2023-00508837 |
| 31-03-2022 | micro format | 24-10-2022 | 2022-20479905 |
| 31-03-2021 | micro format | 12-07-2021 | 2021-35900479 |
| 31-03-2020 | micro format | 26-11-2020 | 2020-74100124 |
| 31-03-2019 | micro format | 23-10-2019 | 2019-71400557 |
| 31-03-2018 | micro format | 13-06-2018 | 2018-19500209 |
| 31-03-2017 | abbreviated format | 13-07-2017 | 2017-31600179 |
| 30-09-2015 | abbreviated format | 07-04-2016 | 2016-09800015 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2024 · 1 entry · €1,946 awarded · €1,946 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- Paul Deroo 500 shares
- Brecht Deroo
- Lieselot Deroo
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Group and network
Connections & network
No directors read yet: 2 of 8 Gazette acts processed.
Acquisitions and mergers
1 transactionHistory
Acts, filings and financial milestones
02-09
Gazette deed
Capital & shares · RestructuringIncorporation · Demerger · Auditor report39 facts ▸
- General meeting, 31-07-2024 (2 times)
- Other provision, “register en BTW-plicht LIBRAL, RPR Gent/afdeling Veurne” (deed in Dutch)
- Incorporation, 15-12-2005
- Other provision, 02-07-2019
- Demerger, “deel vermogen DEROO CONSTRUCTIE naar LIBRAL, artikel 12:59 en volgende WVV” (deed in Dutch)
- Other provision, “kennisname wijziging vermogenstoestand, geen kennisgeving belangrijke wijziging activa en passiva tussen voorsteldatum en BAV-datum” (deed in Dutch)
- Other provision, “voorstel tot partiële splitsing, aanvaarding uiteenzetting in voorstel” (deed in Dutch)
- Other provision, “ontslag voorlezing splitsingsvoorstel, ontslag voorzitter van voorlezing, kennisname en bespreking inhoud” (deed in Dutch)
- Other provision, “inzage splitsingsvoorstel op zetel, alle aandeelhouders konden inzien op zetel en kosteloos afschrift op eenvoudig verzoek” (deed in Dutch)
- Other provision, “afstand splitsingsverslagen bestuursorgaan, verzaken aan artikels 12:61 en 12:64 WVV voor verslagen” (deed in Dutch)
- Other provision, “verslag inbreng in natura en uitgifte nieuwe aandelen bestuursorgaan Verkrijgende Vennootschap, kennisname” (deed in Dutch)
- Other provision, “afstand bijzonder verslag commissaris/bedrijfsrevisor/accountant partiële splitsing, verzaken aan opmaak” (deed in Dutch)
- +27 further facts in this act
28-03
Gazette deed
Capital & shares · Restructuring · MiscellaneousRegistered office clause · Demerger · Shareholding18 facts ▸
- Registered office clause, “Nijverheidsstraat 10,8970 Poperinge” (deed in Dutch)
- Registered office clause, “Weg der Hoop 6 bus 201,8670 Koksijde (Oostduinkerke)” (deed in Dutch)
- Demerger, “partiële splitsing”, 776878.41 (deed in Dutch)
- Shareholding, 1598, “vruchtgebruik” (deed in Dutch)
- Shareholding, 1598, “blote eigendom” (deed in Dutch) (2 times)
- Shareholding, 500, “vruchtgebruik” (deed in Dutch)
- Shareholding, 500, “blote eigendom” (deed in Dutch) (2 times)
- Shareholding, 432, “vruchtgebruik” (deed in Dutch)
- Shareholding, 432, “blote eigendom” (deed in Dutch) (2 times)
- Share issue, “op naam, automatisch” (deed in Dutch)
- Other provision, “deelneming nieuwe aandelen in bedrijfsresultaat”, 01-04-2024 (deed in Dutch)
- Accounting effect, 01-10-2023
- +6 further facts in this act
Show earlier events
About the unread acts
Of the 8 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 38502F0079/00C000 | Flanders | 7,185 m² | 1 · 290 m² | 12.0 m · 3 |
How the parcels are linked
Articles of association
- PurposeThe activities the company may carry out under its articles.
- “1.Onderneming in roerende en onroerende goederen,en het optreden als makelaar in onroerende goederen of bouwpromotor in de meest ruime…” (deed in Dutch)deed of 28-03-2024
12 activities (deed in Dutch)
- 1.Onderneming in roerende en onroerende goederen,en het optreden als makelaar in onroerende goederen of bouwpromotor in de meest ruime zin,alle bemiddeling,dienstverlening en service bij verrichtingen van roerende en onroerende aard;agent en/of makelaar in verzekeringen,eveneens voor Belgische en voor buitenlandse vennootschappen;leasing,financieringen en leningen;
- Verwerven,bouwen,ruilen,laten bouwen,verbouwen,in huur geven of nemen,onderhuren of -verhuren,verkopen en omvormen,verkavelen en uitbaten,beheren van alle onroerende goederen in de breedste zin,zoals appartementen,kantoren,winkels,woningen,studentenhomes,gronden,wouden,waters en domeinen.
- 2.Alle handelsfondsen,met inbegrip van hoteluitbatingen,serviceflats,rusthuizen,winkels,horeca-uitbatingen,en vakantieoorden,vergunningen,octrooien,licenties en fabrieksmerken aankopen,in huur nemen,verhuren,onderhuren en verhuren,verkopen en ruilen;commercialiseren,exploiteren,in concessie geven en in concessie nemen.
- 3.Het organiseren en beheren van manifestaties van om het even welke aard,met inbegrip van business meetings,handelsmissies,professionele contacten,zowel in binnen- als in buitenland,en alles wat daarmede verband houdt,inbegrepen het zorgen voor maaltijden,overnachtingen,vergaderruimten,logistieke en intellectuele bijstand.
- 4.Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het oordeelkundige beheer,uitbreiding,verfraaling en transformatie van eigen roerend en onroerend patrimonium,zoals:
- Onroerende goederen aanwerven,laten bouwen en verbouwen,laten opschikken,laten uitrusten,ombouwen,verfraaien,in huur geven of nemen,in leasing geven of nemen,verkavelen,onderhouden,ontwikkelen en uitbaten,urbaniseren,vervreemden en ruilen met het oog op beheer,wederbelegging en opbrengst;
- Beschikbare middelen beleggen in alle roerende goederen en waarden,een portefeuille van roerende waarden beheren,en dienaangaande aankopen en verkopen verrichten zonder speculatief karakter.
- 5.De handel,de invoer en uitvoer,het transport,het opfokken van alle vee en dieren.Het huren en verhuren van hokken en gronden voor het opfokken van alle vee en het telen van landbouwvruchten.
- 6.De uitbating van alle vervoer,zo van goederen,voorwerpen en zelfs personen met alle materiële middelen te land,te water of in de lucht evenals alles wat rechtstreeks of onrechtstreeks betrekking heeft op dit voorwerp.
- 7.Het nemen van participaties onder eender welke vorm,in alle bestaande of nog op te richten vennootschappen en ondernemingen,evenals het verlenen van alle managementbijstand en het waarnemen van alle bestuursmandaten,en het ter beschikking stellen van personen gespecialiseerd in het adviseren en/of besturen van ondernemingen,dit alles in de meest ruime zin.
- 8.Advies,bijstand en knowhow verlenen in alle domeinen zoals marketing,promotie,ontwikkeling,research,design,handel en productie,secretariaat,bedrijfs- en financieel beheer,verzekeringen,management en al wat daarmede rechtstreeks of onrechtstreeks verband houdt.
- 9.Trading in de meest ruime zin.
- Other provisionsOther rules from the articles that fall under none of the themes above.
- Other provision: “Kosten akte” (deed in Dutch)Amendment of the articles: “6) c)” (deed in Dutch)6 more provisions in the deed, see the deed of 02-09-2024deed of 02-09-2024
Read from the deeds: 9 provisions, deed of 02-09-2024