LIEFRAN
ActiveSummary
LIEFRAN has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60k and a net result of €18k. Equity is growing by ~37.7% per year across the filed fiscal years. Its solvency ranks better than 89% of 7058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 10.2 against 7.34 in 2024; short-term debt: 9.4% and cash: 6% of total assets), and 9.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
90.6%
Return on assets
27.3%
Age of the figures
9 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 30-07-2026, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
1 d early
2024
5 d late
2023
on the day
2022
16 d late
2021
16 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€60k▲ 43.2%
2024 · €42k
2021: €9klowest in 5 years
2022: €19k▲ +105% vs 2021
2023: €31k▲ +61.3% vs 2022
2024: €42k▲ +36.8% vs 2023
2025: €60k▲ +43.2% vs 2024highest in 5 years
2021 → 2025
Total assets
€67k▲ 37.0%
2024 · €49k
2021: €59k
2022: €45k▼ -23.6% vs 2021lowest in 5 years
2023: €48k▲ +7.0% vs 2022
2024: €49k▲ +1.2% vs 2023
2025: €67k▲ +37.0% vs 2024highest in 5 years
2021 → 2025
Net result
€18k▲ 22.8%
2024 · €15k
2021: €33khighest in 5 years
2022: €25k▼ -24.7% vs 2021
2023: €12k▼ -52.7% vs 2022lowest in 5 years
2024: €15k▲ +26.7% vs 2023
2025: €18k▲ +22.8% vs 2024
2021 → 2025
Working capital
€57k▲ 39.9%
2024 · €41k
2021: €9klowest in 5 years
2022: €17k▲ +81.1% vs 2021
2023: €29k▲ +72.4% vs 2022
2024: €41k▲ +40.7% vs 2023
2025: €57k▲ +39.9% vs 2024highest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9k-€19k▲ 105%€31k▲ 61.3%€42k▲ 36.8%€60k▲ 43.2%
2021: €9klowest in 5 years
2022: €19k▲ +105% vs 2021
2023: €31k▲ +61.3% vs 2022
2024: €42k▲ +36.8% vs 2023
2025: €60k▲ +43.2% vs 2024highest in 5 years
Operating result€43k-€33k▼ 21.9%€19k▼ 44.2%€23k▲ 24.2%€27k▲ 17.5%
2021: €43khighest in 5 years
2022: €33k▼ -21.9% vs 2021
2023: €19k▼ -44.2% vs 2022lowest in 5 years
2024: €23k▲ +24.2% vs 2023
2025: €27k▲ +17.5% vs 2024
Net result€33k-€25k▼ 24.7%€12k▼ 52.7%€15k▲ 26.7%€18k▲ 22.8%
2021: €33khighest in 5 years
2022: €25k▼ -24.7% vs 2021
2023: €12k▼ -52.7% vs 2022lowest in 5 years
2024: €15k▲ +26.7% vs 2023
2025: €18k▲ +22.8% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 17% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €67k
Fixed assets
€3k ▲ 164%
Current assets
€64k ▲ 34.0%
Equity and liabilities €67k
Equity
€60k ▲ 43.2%
Debt
€6k ▼ 3.6%
Debt's share of the balance-sheet total falls from 13.3% to 9.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28k▲
2024 · €24k
Cash flow
€19k▲
2024 · €15k
Current ratio
10.20▲
2024 · 7.34
Debt to equity
0.10▼
2024 · 0.15
ROE
30.2%▼
2024 · 35.2%
ROA
27.3%▼
2024 · 30.5%
Interest coverage
27.87▲
2024 · 21.53
Debt ≤ 1 year
€6k▼
2024 · €6k
Income taxes
€8k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€49k€67k▲
Fixed assets21/28€1k€3k▲
Tangible fixed assets22/27€1k€3k▲
Furniture and vehicles24€1k€3k▲
Current assets29/58€47k€64k▲
Amounts receivable within one year40/41€5k€12k▲
Trade receivables40€5k€11k▲
Other amounts receivable41-€1k
Current investments50/53€36k€47k▲
Cash at bank and in hand54/58€6k€4k▼
Deferred charges and accrued income490/1-€856
Equity and liabilities
Total equity and liabilities10/49€49k€67k▲
Equity10/15€42k€60k▲
Contributions10/11€5k€5k=
Reserves13€37k€55k▲
Distributable reserves133€37k€55k▲
Amounts payable17/49€6k€6k▼
Amounts payable within one year42/48€6k€6k▼
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€3k€3k▼
Other amounts payable47/48€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€535€655▲
Other operating charges640/8€892€520▼
Gross operating margin9900€25k€28k▲
Operating profit (loss)9901€23k€27k▲
Financial income75/76B€130€0▼
Recurring financial income75€130€0▼
Financial charges65/66B€1k€999▼
Recurring financial charges65€1k€999▼
Profit (loss) for the period before taxes9903€22k€26k▲
Income taxes67/77€7k€8k▲
Profit (loss) for the period9904€15k€18k▲
Profit (loss) for the period to be appropriated9905€15k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€18k▼
Profit (loss) brought forward from the previous period14P€6k-
Transfer to equity691/2€17k€18k▲
To other reserves6921€17k€18k▲
Profit to be distributed694/7€4k-
Return on contributions (dividend)694€4k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €855 | €477 | €535 | €535 | €655 | ▲ 22.5% |
| Other operating charges640/8 | €957 | €450 | €921 | €892 | €520 | ▼ 41.7% |
| Gross operating margin9900 | €45k | €34k | €20k | €25k | €28k | ▲ 15.4% |
| Operating profit (loss)9901 | €43k | €33k | €19k | €23k | €27k | ▲ 17.5% |
| Financial income75/76B | - | - | €132 | €130 | €0 | ▼ 100.0% |
| Recurring financial income75 | - | - | €132 | €130 | €0 | ▼ 100.0% |
| Financial charges65/66B | €512 | €361 | €445 | €1k | €999 | ▼ 9.1% |
| Recurring financial charges65 | €512 | €361 | €445 | €1k | €999 | ▼ 9.1% |
| Profit (loss) for the period before taxes9903 | €42k | €33k | €18k | €22k | €26k | ▲ 18.1% |
| Income taxes67/77 | €9k | €8k | €7k | €7k | €8k | ▲ 8.6% |
| Profit (loss) for the period9904 | €33k | €25k | €12k | €15k | €18k | ▲ 22.8% |
| Profit (loss) for the period to be appropriated9905 | €33k | €25k | €12k | €15k | €18k | ▲ 22.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €59k | €45k | €48k | €49k | €67k | ▲ 37.0% |
| Fixed assets21/28 | - | €2k | €2k | €1k | €3k | ▲ 164% |
| Tangible fixed assets22/27 | - | €2k | €2k | €1k | €3k | ▲ 164% |
| Furniture and vehicles24 | - | €2k | €2k | €1k | €3k | ▲ 164% |
| Current assets29/58 | €59k | €43k | €46k | €47k | €64k | ▲ 34.0% |
| Amounts receivable within one year40/41 | €9k | €11k | €4k | €5k | €12k | ▲ 130% |
| Trade receivables40 | €9k | €11k | €4k | €5k | €11k | ▲ 110% |
| Other amounts receivable41 | - | - | - | - | €1k | - |
| Current investments50/53 | - | - | €27k | €36k | €47k | ▲ 30.4% |
| Cash at bank and in hand54/58 | €50k | €32k | €15k | €6k | €4k | ▼ 36.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | €856 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €59k | €45k | €48k | €49k | €67k | ▲ 37.0% |
| Equity10/15 | €9k | €19k | €31k | €42k | €60k | ▲ 43.2% |
| Contributions10/11 | €5k | €5k | €5k | €5k | €5k | = |
| Reserves13 | - | €10k | €20k | €37k | €55k | ▲ 49.0% |
| Distributable reserves133 | - | €10k | €20k | €37k | €55k | ▲ 49.0% |
| Profit (loss) carried forward14 | €4k | €4k | €6k | - | - | - |
| Amounts payable17/49 | €49k | €26k | €17k | €6k | €6k | ▼ 3.6% |
| Amounts payable within one year42/48 | €49k | €26k | €17k | €6k | €6k | ▼ 3.6% |
| Trade debts44 | €793 | €565 | €9k | €2k | €2k | ▼ 22.4% |
| Suppliers440/4 | €793 | €565 | €9k | €2k | €2k | ▼ 22.4% |
| Taxes, remuneration and social security45 | €14k | €19k | €7k | €3k | €3k | ▼ 1.3% |
| Taxes450/3 | €14k | €19k | €7k | €3k | €3k | ▼ 1.3% |
| Other amounts payable47/48 | €34k | €6k | €858 | €2k | €2k | ▲ 15.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33k | €25k | €12k | €15k | €18k | ▲ 22.8% |
| + Depreciation and write-downs630 | €855 | €477 | €535 | €535 | €655 | ▲ 22.5% |
| Operating cash flow (approximation) | €34k | €25k | €12k | €15k | €19k | ▲ 22.8% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | €-3k | - |
| Change in cash | - | €-18k | €-17k | €-9k | €-2k | ▲ 73.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 7.34
Current ratio from 2.69 to 7.34; short-term debt falls from €17k to €6k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €12k ▼52.7%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Schoten · 1 establishment unit since 2020
Ground area
242 m²
Building footprint
81 m²
Volume, LiDAR
458 m³
Parcel 11442C0098/00Z004, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LIEFRAN
since 20202.309.291.767
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11442C0098/00Z004 | Flanders | 242 m² | 1 · 81 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 808 companies in sector 73120 we hold annual accounts for 281. 206 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
73120Media representation
Scores and ratios are computed by Checked and are not a credit decision.