LIEMAN
ActiveSummary
LIEMAN has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.07M and a net result of €8k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 95% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability38▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220k at 30 days acceptable
Liquidity ample (current ratio 6.89 against 6.7 in 2024; short-term debt: 1% and cash: 0% of total assets), and 1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
99%
Return on assets
0.3%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
29 d late
2024
27 d late
2023
27 d late
2022
36 d early
2021
38 d early
2020
59 d early
2019
18 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, abbreviated schema
Equity
€3.07M▲ 0.3%
2024 · €3.06M
2018: €2.95M
2019: €2.95M▼ -0.1% vs 2018lowest in 8 years
2020: €2.96M▲ +0.5% vs 2019
2021: €2.99M▲ +0.9% vs 2020
2022: €3.02M▲ +1.2% vs 2021
2023: €3.05M▲ +0.7% vs 2022
2024: €3.06M▲ +0.4% vs 2023
2025: €3.07M▲ +0.3% vs 2024highest in 8 years
2018 → 2025
Total assets
€3.10M▲ 0.3%
2024 · €3.09M
2018: €2.97Mlowest in 8 years
2019: €2.97M▲ +0.1% vs 2018
2020: €2.99M▲ +0.5% vs 2019
2021: €3.01M▲ +0.9% vs 2020
2022: €3.06M▲ +1.4% vs 2021
2023: €3.08M▲ +0.7% vs 2022
2024: €3.09M▲ +0.4% vs 2023
2025: €3.10M▲ +0.3% vs 2024highest in 8 years
2018 → 2025
Net result
€8k▼ 35.7%
2024 · €13k
2018: €-3klowest in 8 years
2019: €-3k▲ +21.2% vs 2018
2020: €15k▲ +677% vs 2019
2021: €26k▲ +75.4% vs 2020
2022: €37k▲ +45.0% vs 2021highest in 8 years
2023: €21k▼ -42.6% vs 2022
2024: €13k▼ -41.0% vs 2023
2025: €8k▼ -35.7% vs 2024
2018 → 2025
Working capital
€186k▲ 4.5%
2024 · €178k
2018: €70k
2019: €68k▼ -3.3% vs 2018lowest in 8 years
2020: €82k▲ +20.7% vs 2019
2021: €107k▲ +30.8% vs 2020
2022: €144k▲ +34.7% vs 2021
2023: €166k▲ +14.8% vs 2022
2024: €178k▲ +7.6% vs 2023
2025: €186k▲ +4.5% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.99M-€3.02M▲ 1.2%€3.05M▲ 0.7%€3.06M▲ 0.4%€3.07M▲ 0.3%
2021: €2.99Mlowest in 5 years
2022: €3.02M▲ +1.2% vs 2021
2023: €3.05M▲ +0.7% vs 2022
2024: €3.06M▲ +0.4% vs 2023
2025: €3.07M▲ +0.3% vs 2024highest in 5 years
Operating result€-2k-€-2k▼ 5.1%€-3k▼ 76.3%€-2k▲ 33.1%€-2k▼ 1.8%
2021: €-2khighest in 5 years
2022: €-2k▼ -5.1% vs 2021
2023: €-3k▼ -76.3% vs 2022lowest in 5 years
2024: €-2k▲ +33.1% vs 2023
2025: €-2k▼ -1.8% vs 2024
Net result€26k-€37k▲ 45.0%€21k▼ 42.6%€13k▼ 41.0%€8k▼ 35.7%
2021: €26k
2022: €37k▲ +45.0% vs 2021highest in 5 years
2023: €21k▼ -42.6% vs 2022
2024: €13k▼ -41.0% vs 2023
2025: €8k▼ -35.7% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €2k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.10M
Fixed assets
€2.88M =
Current assets
€218k ▲ 4.0%
Equity and liabilities €3.10M
Equity
€3.07M ▲ 0.3%
Debt
€32k ▲ 1.2%
Debt's share of the balance-sheet total stays at 1.0%.
Key figures and ratios
Current ratio
6.89▲
2024 · 6.70
Quick ratio
6.76▲
2024 · 6.57
Debt to equity
0.01▲
2024 · 0.01
ROE
0.3%▼
2024 · 0.4%
ROA
0.3%▼
2024 · 0.4%
Debt ≤ 1 year
€32k▲
2024 · €31k
Income taxes
€807▼
2024 · €1k
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 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.09M€3.10M▲
Fixed assets21/28€2.88M€2.88M=
Financial fixed assets28€2.88M€2.88M=
Current assets29/58€209k€218k▲
Stocks and contracts in progress3€4k€4k=
Stocks30/36€4k€4k=
Amounts receivable within one year40/41€204k€212k▲
Trade receivables40€4k€5k▲
Other amounts receivable41€200k€207k▲
Cash at bank and in hand54/58€723€1k▲
Equity and liabilities
Total equity and liabilities10/49€3.09M€3.10M▲
Equity10/15€3.06M€3.07M▲
Contributions10/11€2.90M€2.90M=
Reserves13€159k€167k▲
Distributable reserves133€159k€167k▲
Amounts payable17/49€32k€32k▲
Amounts payable within one year42/48€31k€32k▲
Trade debts44€50-
Suppliers440/4€50-
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Other amounts payable47/48€30k€29k▼
Accrued charges and deferred income492/3€505€500▼
Income statement
Code20242025
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-784€-783▲
Operating profit (loss)9901€-2k€-2k▼
Financial income75/76B€16k€11k▼
Recurring financial income75€16k€11k▼
Financial charges65/66B€505€500▼
Recurring financial charges65€505€500▼
Profit (loss) for the period before taxes9903€14k€9k▼
Income taxes67/77€1k€807▼
Profit (loss) for the period9904€13k€8k▼
Profit (loss) for the period to be appropriated9905€13k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€8k▼
Transfer to equity691/2€13k€8k▼
To other reserves6921€13k€8k▼
The notes to these accounts (4 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 |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €1k | €1k | €1k | €1k | €1k | ▲ 3.0% |
| Gross operating margin9900 | €-481 | €-606 | €-2k | €-784 | €-783 | ▲ 0.1% |
| Operating profit (loss)9901 | €-2k | €-2k | €-3k | €-2k | €-2k | ▼ 1.8% |
| Financial income75/76B | €30k | €43k | €27k | €16k | €11k | ▼ 30.0% |
| Recurring financial income75 | €30k | €43k | €27k | €16k | €11k | ▼ 30.0% |
| Financial charges65/66B | €372 | €436 | €504 | €505 | €500 | ▼ 1.0% |
| Recurring financial charges65 | €372 | €436 | €504 | €505 | €500 | ▼ 1.0% |
| Profit (loss) for the period before taxes9903 | €28k | €41k | €23k | €14k | €9k | ▼ 35.7% |
| Income taxes67/77 | €3k | €4k | €2k | €1k | €807 | ▼ 35.7% |
| Profit (loss) for the period9904 | €26k | €37k | €21k | €13k | €8k | ▼ 35.7% |
| Profit (loss) for the period to be appropriated9905 | €26k | €37k | €21k | €13k | €8k | ▼ 35.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.01M | €3.06M | €3.08M | €3.09M | €3.10M | ▲ 0.3% |
| Fixed assets21/28 | €2.88M | €2.88M | €2.88M | €2.88M | €2.88M | = |
| Financial fixed assets28 | €2.88M | €2.88M | €2.88M | €2.88M | €2.88M | = |
| Current assets29/58 | €135k | €177k | €197k | €209k | €218k | ▲ 4.0% |
| Stocks and contracts in progress3 | €4k | €4k | €4k | €4k | €4k | = |
| Stocks30/36 | €4k | €4k | €4k | €4k | €4k | = |
| Amounts receivable within one year40/41 | €130k | €172k | €192k | €204k | €212k | ▲ 3.8% |
| Trade receivables40 | €3k | €3k | €4k | €4k | €5k | ▲ 3.1% |
| Other amounts receivable41 | €128k | €169k | €188k | €200k | €207k | ▲ 3.8% |
| Cash at bank and in hand54/58 | €52 | €405 | €765 | €723 | €1k | ▲ 103% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.01M | €3.06M | €3.08M | €3.09M | €3.10M | ▲ 0.3% |
| Equity10/15 | €2.99M | €3.02M | €3.05M | €3.06M | €3.07M | ▲ 0.3% |
| Contributions10/11 | €2.90M | €2.90M | €2.90M | €2.90M | €2.90M | = |
| Reserves13 | €88k | €125k | €146k | €159k | €167k | ▲ 5.1% |
| Non-distributable reserves130/1 | €5k | €5k | - | - | - | - |
| Reserves not available under the articles1311 | €5k | €5k | - | - | - | - |
| Distributable reserves133 | €83k | €120k | €146k | €159k | €167k | ▲ 5.1% |
| Amounts payable17/49 | €28k | €33k | €32k | €32k | €32k | ▲ 1.2% |
| Amounts payable within one year42/48 | €28k | €33k | €32k | €31k | €32k | ▲ 1.2% |
| Trade debts44 | - | - | - | €50 | - | - |
| Suppliers440/4 | - | - | - | €50 | - | - |
| Taxes, remuneration and social security45 | €3k | €4k | €2k | €1k | €2k | ▲ 73.5% |
| Taxes450/3 | €3k | €4k | €2k | €1k | €2k | ▲ 73.5% |
| Other amounts payable47/48 | €25k | €29k | €30k | €30k | €29k | ▼ 1.7% |
| Accrued charges and deferred income492/3 | €372 | €436 | €498 | €505 | €500 | ▼ 1.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26k | €37k | €21k | €13k | €8k | ▼ 35.7% |
| Operating cash flow (approximation) | €26k | €37k | €21k | €13k | €8k | ▼ 35.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €352 | €360 | €-42 | €744 | ▲ 1,861% |
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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
24-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-12
Financial
Highest result since 2018net €37k ▲45%
Net result €37k, the highest in the series.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-12
Financial
Back to profitnet €15k
Net result €15k after 2 loss-making years.
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 18 days late
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
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.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Erpe-Mere · 1 establishment unit since 2006
Ground area
5,365 m²
Building footprint
164 m²
Volume, LiDAR
392 m³
Parcel 41015A0116/00G000, Flanders · tallest building 3.6 m, ±1 floor. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Lieman
since 20062.156.603.671
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41015A0116/00G000 | Flanders | 5,365 m² | 1 · 164 m² | 3.6 m · 1 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 9,693 companies in sector 68121 we hold annual accounts for 7,385. 2,408 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
Founded29-09-2006
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68110Buying and selling of own real estate
Contact
Phone
053/800045Erpe-Mere
Scores and ratios are computed by Checked and are not a credit decision.