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LICANY

Active Private limited companyfounded 2024active for 2 yearsBoeshovenweg 15, 3840 BorgloonKBO/BCE: BE 1010.352.097

Lifetime

1 annual account with figures
peak €118,563 (2025)
€118,563 
peak €88,029 (2025)
€88,029 
peak €93,029 (2025)
€93,029 
€102,767 
Board1 name since 2024
1 directorCANDRIX Linsey
Documentsfilings and deeds
08-04-202622 days before the deadline
2025abbreviated format
First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €190,000 estimated

The abbreviated format states no turnover.

Checked score

96
Excellent
Financially stronger than 65% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 07-2025: 0.4% 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.5%▲ +0.1 percentage points vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.6%▲ +0.1 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026highest value 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: < 0.1%▼ -0.6 percentage points vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

73equity 47.5% of total assets
73short-term debt 52.5% · cash 88.1%
100return on assets 45.0%

Score breakdown

lowers risk
Liquidity: current ratio 1.89, cash €172,582
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €195,796
Equity €93,029 (47.5% of total assets)
Calculation

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 44% of them on solvency, 65% on liquidity and 84% on profitability.

The bankruptcy probability was computed on 10-11-2026 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).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as LICANY has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of LICANY itself is lower: < 0.1% within 12 months. It rests on far more data about LICANY than the profile alone.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the 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%

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 39,278 companies, not a prediction for LICANY. 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.

Credit verdict

Credit of up to €8,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record

Liquidity is ample, with a current ratio of 1.89, above the usual 1.5. Short-term debt is 52.5% and cash 88.1% of total assets. However, 52.5% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.89, cash €172,582
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Size: total assets €195,796
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €93,029 (47.5% of total assets)
NBB · annual accounts
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
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 08-04-2026, 22 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
22 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

CL
Director
  • CANDRIX Linsey 100 sharesdeed of 17-06-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1010352097
Incorporation Founding capital of €5,000, 100 shares · Founder: CANDRIX Linsey · Appointment: CANDRIX Linsey (director) · published on 17-06-2024 · Gazette deed
First establishment Boeshovenweg 15, Borgloon
All 4 events

Comparable companies

same main activity, similar in size and age
Company
LICANY Borgloon €195,796 €118,563 47.5% -
Van Nieuwenhove Consultancy Sint-Truiden €192,155 €107,496 57.2% -
Anne Gubbelmans Nieuwerkerken (Limb.) €194,390 €114,320 83.3% -
CONCEDO Hasselt €204,971 €107,031 76.9% -
YMT-Consult. Hasselt €217,769 €134,800 77.6% -
GuardianCuris Lummen €195,429 €139,388 68.0% -
EC Management Solutions Bilzen-Hoeselt €188,318 €101,810 71.8% -

These companies have the same main activity as LICANY: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €188,000 and €218,000, founded in 2024.

Official details

Source: KBO
Status
Active since 13-06-2024Normal situation
Activity
Business and other management consultancyNACE 70200and 2 others
Establishment unit
2.360.762.3433840 Borgloon, since 13-06-2024
Financial year end
30 September
Peppol
Reachable since 05-09-2024
Company details

Annual accounts to 30-09-2025

€195,796
Filing
Filed on 08-04-2026, 22 days before the end of the filing period
Financials

Insights on LICANY

LICANY has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €93,029 and a net result of €88,029.

Its solvency ranks better than 46% of 10,857 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about LICANY

What is the company number of LICANY?
The company number of LICANY is 1010.352.097. The VAT number is the same number with BE in front: BE 1010.352.097.
Where is LICANY based?
The registered office is at Boeshovenweg 15, 3840 Borgloon.Company details
What does LICANY do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of LICANY?
LICANY is a private limited company (BV).
When was LICANY founded?
LICANY was founded on 13-06-2024.
Is LICANY still active?
Yes, LICANY is an active enterprise in the KBO register.
What is the turnover of LICANY?
The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €118,563 and 93 comparable companies (NACE 70200). It probably lies between €150,000 and €250,000.Financials
Is LICANY profitable?
In financial year 2025, LICANY made a profit of €88,029.
Where can I find the annual accounts of LICANY?
LICANY filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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