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LICOMA

Active
Public limited companyfounded 198837 yrs activeLouizalaan 486, 1050 Brussel, BelgiumKBO/BCE: BE 0436.033.212
Summary

LICOMA has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.4m and a net result of -€14,763. Equity remains stable across the filed fiscal years (±0.5% per year). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability36=
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130,000 at 30 days only on tighter terms
cash: 5.3% of total assets, and 0% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 37 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
100%
Return on assets
-0.6%
Age of the figures
24 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 150 days later.
NBB · 10 filings
Position against the passed deadline
30-09-2025 close30-04-2026 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 10-01-2025, 110 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
110 d early
2023
42 d early
2022
80 d early
2021
101 d early
2020
67 d early
2019
101 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 84 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 1 December 1988, LICOMA was incorporated.1 Total assets went from EUR 2.5 million in 2018 to EUR 2.4 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€14,763▼ 0.6%
2023 · -€14,677
Working capital
€330,767▼ 4.2%
2022 · €345,443
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€11,238▼ 0.2%-€12,419▼ 10.5%-€11,453▲ 7.8%-€14,467▼ 26.3%-€14,960▼ 3.4%
Net result-€11,507=-€12,925▼ 12.3%-€10,925▲ 15.5%-€14,677▼ 34.3%-€14,763▼ 0.6%
Equity€2.5m▼ 0.5%€2.4m▼ 0.5%€2.4m▼ 0.4%€2.4m▼ 0.6%€2.4m▼ 0.6%
Total assets€2.5m▼ 0.5%€2.4m▼ 0.6%€2.4m▼ 0.4%€2.4m▼ 0.6%€2.4m▼ 0.6%
Debt€2,266▲ 0.5%€26▼ 98.8%€773▲ 2,835%€788▲ 1.9%
Working capital€369,294▼ 3.0%€356,369▼ 3.5%€345,443▼ 3.1%€330,767▼ 4.2%
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2020: -€11,238-€11,238Net result 2020: -€11,507-€11,507Operating result 2021: -€12,419-€12,419Net result 2021: -€12,925-€12,925Operating result 2022: -€11,453-€11,453Net result 2022: -€10,925-€10,925Operating result 2023: -€14,467-€14,467Net result 2023: -€14,677-€14,677Operating result 2024: -€14,960-€14,960Net result 2024: -€14,763-€14,76320202021202220232024-€15,000-€10,000-€5,000€0Operating result 2022: -€11,453-€11,500Net result 2022: -€10,925-€10,900Operating result 2023: -€14,467-€14,500Net result 2023: -€14,677-€14,700Operating result 2024: -€14,960-€15,000Net result 2024: -€14,763-€14,800202220232024
The operating result stays negative: a loss of €14,960 in 2024 against €14,467 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.4m
Fixed assets €2.1m =
Current assets €316,003 ▼ 4.7%
Key figures and ratios
2024 value · change against 2023
Solvency
100.0%=
2023 · 100.0%
ROE
-0.6%▼
2023 · -0.6%
ROA
-0.6%▼
2023 · -0.6%
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€2.4m€2.4m▼
Fixed assets21/28€2.1m€2.1m=
Financial fixed assets28€2.1m€2.1m=
Affiliated companies280/1€2.1m€2.1m=
Participating interests280€2.1m€2.1m=
Current assets29/58€331,555€316,003▼
Amounts receivable within one year40/41€80,560€81,407▲
Other amounts receivable41€80,560€81,407▲
Current investments50/53€20,292€106,550▲
Other investments51/53€20,292€106,550▲
Cash at bank and in hand54/58€230,702€128,046▼
Equity and liabilities
Total equity and liabilities10/49€2.4m€2.4m▼
Equity10/15€2.4m€2.4m▼
Contributions10/11€3.1m€3.1m=
Capital10€3.1m€3.1m=
Issued capital100€3.1m€3.1m=
Reserves13€40,491€40,491=
Non-distributable reserves130/1€40,491€40,491=
Legal reserve130€40,491€40,491=
Profit (loss) carried forward14-€721,262-€736,025▼
Amounts payable17/49€788-
Amounts payable within one year42/48€788-
Trade debts44€788-
Suppliers440/4€788-
Income statement Code20232024
Operating charges60/66A€14,467€14,960▲
Services and other goods61€13,533€14,000▲
Other operating charges640/8€933€960▲
Operating profit (loss)9901-€14,467-€14,960▼
Financial income75/76B€4€387▲
Recurring financial income75€4€387▲
Income from financial fixed assets750€4€3▼
Income from current assets751-€384
Financial charges65/66B€214€190▼
Recurring financial charges65€214€190▼
Debt charges650€30-
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€9-
Other financial charges652/9€175€190▲
Profit (loss) for the period before taxes9903-€14,677-€14,763▼
Profit (loss) for the period9904-€14,677-€14,763▼
Profit (loss) for the period to be appropriated9905-€14,677-€14,763▼
Appropriation of the result
Profit (loss) to be appropriated9906-€721,262-€736,025▼
Profit (loss) brought forward from the previous period14P-€706,585-€721,262▼

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating charges60/66A--€11,453€14,467€14,960▲ 3.4%
Services and other goods61--€11,453€13,533€14,000▲ 3.4%
Other operating charges640/8---€933€960▲ 2.9%
Operating profit (loss)9901-€11,238-€12,419-€11,453-€14,467-€14,960▼ 3.4%
Financial income75/76B--€1,139€4€387▲ 9,574%
Recurring financial income75€1€0€1,139€4€387▲ 9,574%
Income from financial fixed assets750--€1,123€4€3▼ 16.3%
Income from current assets751----€384-
Other financial income752/9--€16---
Financial charges65/66B--€611€214€190▼ 11.3%
Recurring financial charges65€270€506€611€214€190▼ 11.3%
Debt charges650---€30--
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651---€9--
Other financial charges652/9--€611€175€190▲ 8.6%
Profit (loss) for the period before taxes9903-€11,507-€12,925-€10,925-€14,677-€14,763▼ 0.6%
Profit (loss) for the period9904-€11,507-€12,925-€10,925-€14,677-€14,763▼ 0.6%
Profit (loss) for the period to be appropriated9905-€11,507-€12,925-€10,925-€14,677-€14,763▼ 0.6%
Line20202021202220232024Change
Assets
Total assets20/58€2.5m€2.4m€2.4m€2.4m€2.4m▼ 0.6%
Fixed assets21/28€2.1m€2.1m€2.1m€2.1m€2.1m=
Financial fixed assets28€2.1m€2.1m€2.1m€2.1m€2.1m=
Affiliated companies280/1--€2.1m€2.1m€2.1m=
Participating interests280--€2.1m€2.1m€2.1m=
Current assets29/58€371,559€356,395€346,216€331,555€316,003▼ 4.7%
Amounts receivable within one year40/41€80,560€80,560€80,896€80,560€81,407▲ 1.1%
Other amounts receivable41--€80,896€80,560€81,407▲ 1.1%
Current investments50/53--€20,292€20,292€106,550▲ 425%
Other investments51/53--€20,292€20,292€106,550▲ 425%
Cash at bank and in hand54/58€290,999€275,835€245,028€230,702€128,046▼ 44.5%
Equity and liabilities
Total equity and liabilities10/49€2.5m€2.4m€2.4m€2.4m€2.4m▼ 0.6%
Equity10/15€2.5m€2.4m€2.4m€2.4m€2.4m▼ 0.6%
Contributions10/11€3.1m€3.1m€3.1m€3.1m€3.1m=
Capital10--€3.1m€3.1m€3.1m=
Issued capital100--€3.1m€3.1m€3.1m=
Reserves13€40,491€40,491€40,491€40,491€40,491=
Non-distributable reserves130/1--€40,491€40,491€40,491=
Legal reserve130--€40,491€40,491€40,491=
Profit (loss) carried forward14-€682,735-€695,659-€706,585-€721,262-€736,025▼ 2.0%
Amounts payable17/49€2,266€26€773€788--
Amounts payable within one year42/48€2,266€26€773€788--
Trade debts44€2,266€26€773€788--
Suppliers440/4--€773€788--
Line20202021202220232024Change
Profit (loss) for the period9904-€11,507-€12,925-€10,925-€14,677-€14,763▼ 0.6%
Operating cash flow (approximation)-€11,507-€12,925-€10,925-€14,677-€14,763▼ 0.6%
Investment in fixed assets (approximation)-€0-€0€0€0▼ 100%
Change in cash--€15,164-€30,807-€14,326-€102,656▼ 617%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
10-01
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
19-03
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
09-02
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
19-01
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
30-09
Financial Liquidity times 83current ratio 13530.57
Current ratio from 164.00 to 13530.57; short-term debt falls from €2,266 to €26.
22-02
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
20-01
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
02-01
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
26-01
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
01-03
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
03-01
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts

We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
12 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, Brussel · 1 establishment unit since 1993
seat establishment The establishment unit on the map
Ground area
1,547 m²
Building footprint
1,336 m²
Volume, LiDAR
27,214 m³
2 parcels, Brussels · tallest building 30.8 m, ±9 floors. Linked by address, not a title deed.
65 companies at this address See who is registered here
1 establishment unit
LICOMA
Regentlaan 54, 1000 BrusselInsurance, reinsurance and pension funding, except compulsory social security
since 19932.041.695.788
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21803C0023/00B000 Brussels 851 m² 1 · 717 m² 28.2 m · 8 fl.
21822R0227/00X002 Brussels 696 m² 1 · 619 m² 30.8 m · 9 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding · 2 subsidiaries in the tree

Owners 0

The accounts to 30-09-2024 list no shareholders, and no other source names one.

Holdings 1

All subsidiaries, including indirect ones 2

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

  • JAGA 59.4%1 subsidiary
    • Jaga DeutschlandDE 100%

According to the annual accounts to 30-09-2024 of LICOMA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPublic limited company
Founded01-12-1988
Fiscal year end30-09
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.