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Lichtwerk

Active
Cooperative companyfounded 2019active for 7 yearsKoolskampstraat 24, 8830 Hooglede, BelgiumKBO/BCE: BE 0727.616.794
Summary

Lichtwerk has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €166,682 and a net result of €6,988. Equity is growing by about 6.6% per year across the filed financial years. Its solvency ranks better than 59% of 11,578 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121
1 site
Size
€266,381turnover 2025
Staff
1.9 FTE
Equity
€166,682
Profit
€6,988
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Largest shareholder
TRIVIDEND - VLAAMS PARTICIPATIEFONDS VOOR DE SOCIALE ECONOMIE · 10%
Accounts 35 days early0 of 6 deeds read
Why 94lowers riskLiquidity: current ratio 5.86, cash €151,847Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Equity €166,682 (63.0% of total assets)Figures for financial year 2025 (filed 31-03-2026)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 54% of its sector peers (NACE 71, micro)
Financial strength · tick = 2024
Strong
Solvency 88+17
equity 63.0% of total assets
Liquidity 96+14
short-term debt 17.0% · cash 57.4%
Profitability 57+39
return on assets 2.6%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (14,793 companies, NACE 71, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: 0.1%▲ +0.1 percentage points vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025highest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: < 0.1%▼ -0.1 percentage points vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity ample (current ratio 5.86, compared with 2.58 in 2024; short-term debt: 17% and cash: 57.4% of total assets), and 37% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 71, micro): better than 61% on solvency, 89% on liquidity, 23% on profitability and 41% on growth.

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

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 5.86, cash €151,847
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Equity €166,682 (63.0% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 31-03-2026)
NBB · annual accounts
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 26-03-2026, 35 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
35 days early
2024
29 days early
2023
18 days early
2022
30 days early
2021
8 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 24 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 1 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end12-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €6,988
  3. Liquidity more than doubledcurrent ratio 5.86

Key points

  • Among the largest 7% on gross marginsector median €40,212 · 11,570 companies €201,936 View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • EU supportawarded in 2024 €71,296 View

By topic

Financials

Financial year
2025
Turnover
€266,381
Profit
€6,988
Solvency
63.0%
Turnover▼ 10.8%
Net result
20212025
Go to Financials

Timeline

Events
10
Since
2022
Next accounts
by 30-04-2027
  1. 01-04-2025Annual accounts filed
  2. 30-09-2024Weakest financial year
  3. 12-04-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Cooperative company
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Founded
29-05-2019
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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