LICHT + VORM
ActiveLICHT + VORM has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €203k and a net result of €15k. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 38% of 7924 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
76
/ 100
Excellent▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▲+19
Solvency68▼-12
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 1.77 against 1.7 in 2024), but 67.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
32.7%
Return on assets
2.4%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
29 d late
2023
on the day
2022
32 d early
2021
31 d early
2020
2 d early
2019
105 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€203k▼ 5.0%
2024 · €213k
2018: €149k
2019: €185k
2020: €203k
2021: €229k
2022: €219k
2023: €244k
2024: €213k
2018 → 2025
Total assets
€620k▲ 22.6%
2024 · €506k
2018: €564k
2019: €543k
2020: €426k
2021: €517k
2022: €481k
2023: €550k
2024: €506k
2018 → 2025
Net result
€15k▲ 101%
2024 · €7k
2018: €9k
2019: €36k
2020: €18k
2021: €26k
2022: €31k
2023: €54k
2024: €7k
2018 → 2025
Working capital
€254k▲ 32.0%
2024 · €192k
2018: €133k
2019: €160k
2020: €182k
2021: €211k
2022: €213k
2023: €226k
2024: €192k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€229k-€219k▼ 4.0%€244k▲ 11.0%€213k▼ 12.4%€203k▼ 5.0%
Operating result€49k-€51k▲ 5.1%€84k▲ 64.6%€22k▼ 73.5%€38k▲ 71.1%
Net result€26k-€31k▲ 20.4%€54k▲ 76.0%€7k▼ 86.4%€15k▲ 101%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 71% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €620k
Fixed assets
€36k▼ 13.5%
Current assets
€584k▲ 25.8%
Equity and liabilities €620k
Equity
€203k▼ 5.0%
Debt
€418k▲ 42.7%
The debt ratio rises from 57.8% to 67.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€53k▲
2024 · €37k
Cash flow
€30k▲
2024 · €22k
Solvency
32.7%▼
2024 · 42.2%
Current ratio
1.77▲
2024 · 1.70
Quick ratio
1.52▲
2024 · 1.31
Debt / equity
2.06▲
2024 · 1.37
ROE
7.3%▲
2024 · 3.4%
ROA
2.4%▲
2024 · 1.5%
Interest coverage
2.92▲
2024 · 2.11
Debt
€418k▲
2024 · €293k
Debt ≤ 1 year
€331k▲
2024 · €272k
Debt > 1 year
€84k▲
2024 · €17k
Income taxes
€9k▲
2024 · €6k
Staff costs
€137k▼
2024 · €182k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€506k€620k▲
Fixed assets21/28€41k€36k▼
Intangible fixed assets21€5k€8k▲
Tangible fixed assets22/27€36k€28k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€29k€24k▼
Other tangible fixed assets26€3k€2k▼
Current assets29/58€465k€584k▲
Stocks and contracts in progress3€107k€82k▼
Stocks30/36€107k€82k▼
Amounts receivable within one year40/41€277k€399k▲
Trade receivables40€229k€314k▲
Other amounts receivable41€49k€85k▲
Cash at bank and in hand54/58€78k€101k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€506k€620k▲
Equity10/15€213k€203k▼
Contributions10/11€19k€19k=
Reserves13€195k€184k▼
Distributable reserves133€195k€184k▼
Amounts payable17/49€293k€418k▲
Amounts payable after more than one year17€17k€84k▲
Financial debts170/4€17k€84k▲
Amounts payable within one year42/48€272k€331k▲
Current portion of amounts payable after more than one year42€23k€15k▼
Trade debts44€211k€281k▲
Suppliers440/4€211k€281k▲
Taxes, remuneration and social security45€38k€35k▼
Taxes450/3€15k€22k▲
Remuneration and social security454/9€24k€13k▼
Accrued charges and deferred income492/3€3k€3k▲
Income statement
Code20242025
Non-recurring operating income76A€3k-
Remuneration, social security and pensions62€182k€137k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€15k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€223k€194k▼
Operating profit (loss)9901€22k€38k▲
Financial income75/76B€8k€4k▼
Recurring financial income75€8k€4k▼
Financial charges65/66B€17k€18k▲
Recurring financial charges65€17k€18k▲
Profit (loss) for the period before taxes9903€13k€24k▲
Income taxes67/77€6k€9k▲
Profit (loss) for the period9904€7k€15k▲
Profit (loss) for the period to be appropriated9905€7k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€15k▲
Transfer from equity791/2€38k€26k▼
Transfer to equity691/2€7k€15k▲
To other reserves6921€7k€15k▲
Profit to be distributed694/7€38k€26k▼
Return on contributions (dividend)694€38k€26k▼
Social balance
Average headcount (FTE)90872.42.3▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €7k ▼86.4%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €54k ▲76%
Operating result €84k, net result €54k, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200kEq €203k ▲9.7%
3 profitable years in a row build equity to €203k.
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 105 days late
2019
31-12
Financial
Equity above €150kEq €185k ▲24.3%
2 profitable years in a row build equity to €185k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Jabbeke · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gistelsteenweg 3538490 JabbekeGround area
1,109 m²
Building footprint
293 m²
Volume, LiDAR
2,406 m³
Parcel 31012C0157/00G003, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Licht + Vorm
since 20112.200.155.780
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31012C0157/00G003 | Flanders | 1,109 m² | 1 · 293 m² | 11.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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VOLTRON
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A LED VISION
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Boortmeerbeek · Eq €186k
Of 267 companies in sector 46474 we hold annual accounts for 181. 133 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-12-2004
Fiscal year end31-12
Activities, NACEBEL
46474Wholesale trade
51430
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.