LIEMAX
ActiveThe computed 12-month bankruptcy probability of LIEMAX is 1.8% (moderate). The annual accounts of LIEMAX for fiscal year 2025 show a net loss of 74% of the equity at the start of that year. The 2025 annual accounts show equity of €3k and a net result of €-7k. Equity is shrinking by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 41% of 4622 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
29
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-17
Solvency41▼-8
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.54 against 0.89 in 2024; short-term debt: 83.9% and cash: 10.9% of total assets), and 83.9% 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.
+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
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 2025Solvency, return and age of the figures
Solvency
16.1%
Return on assets
-46.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year €-7k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 5 filingsDeviation from the deadline
2025
30 d late
2024
236 d late
2023
30 d late
2022
58 d late
2021
44 d early
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€27k
EBIT margin
25.3%
Net result
€-7k▼ 198%
2024 · €-3k
2021: €4k
2022: €3k
2023: €669
2024: €-3k
2021 → 2025
Working capital
€-6k▼ 82.2%
2024 · €-3k
2021: €-420
2022: €5k
2023: €7k
2024: €-3k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€27k-
Equity€9k-€12k▲ 29.4%€13k▲ 5.6%€10k▼ 19.9%€3k▼ 74.2%
Operating result€7k-€5k▼ 27.5%€2k▼ 65.8%€-1k€-7k▼ 476%
Net result€4k-€3k▼ 35.6%€669▼ 75.3%€-3k€-7k▼ 198%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2025 against €1k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16k
Fixed assets
€9k▼ 34.6%
Current assets
€7k▼ 73.9%
Equity and liabilities €16k
Equity
€3k▼ 74.2%
Debt
€14k▼ 57.1%
The debt ratio rises from 75.9% to 83.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-2k▼
2024 · €809
Cash flow
€-3k▼
2024 · €-513
Solvency
16.1%▼
2024 · 24.1%
Current ratio
0.54▼
2024 · 0.89
Quick ratio
0.54▼
2024 · 0.89
Debt / equity
5.23▲
2024 · 3.15
ROE
-287.3%▼
2024 · -24.9%
ROA
-46.1%▼
2024 · -6.0%
Interest coverage
-4.11▼
2024 · 0.67
Debt
€14k▼
2024 · €32k
Debt ≤ 1 year
€14k▼
2024 · €32k
Income taxes
€120▼
2024 · €123
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€42k€16k▼
Fixed assets21/28€13k€9k▼
Tangible fixed assets22/27€13k€9k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€9k€6k▼
Current assets29/58€28k€7k▼
Amounts receivable within one year40/41€22k€6k▼
Trade receivables40€22k€6k▼
Other amounts receivable41€316€0▼
Cash at bank and in hand54/58€6k€2k▼
Deferred charges and accrued income490/1€0€7▲
Equity and liabilities
Total equity and liabilities10/49€42k€16k▼
Equity10/15€10k€3k▼
Contributions10/11€5k€5k=
Reserves13€3k€3k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€2k€-5k▼
Amounts payable17/49€32k€14k▼
Amounts payable within one year42/48€32k€14k▼
Trade debts44€16k€3k▼
Suppliers440/4€16k€3k▼
Taxes, remuneration and social security45€123€855▲
Taxes450/3€123€855▲
Other amounts payable47/48€16k€10k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€5k▲
Other operating charges640/8€1k€408▼
Gross operating margin9900€2k€-2k▼
Operating profit (loss)9901€-1k€-7k▼
Financial charges65/66B€1k€525▼
Recurring financial charges65€1k€525▼
Profit (loss) for the period before taxes9903€-2k€-7k▼
Income taxes67/77€123€120▼
Profit (loss) for the period9904€-3k€-7k▼
Profit (loss) for the period to be appropriated9905€-3k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-5k▼
Profit (loss) brought forward from the previous period14P€5k€2k▼
The notes to these accounts (5 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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 236 days late
2025
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series.
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Aarschot · 1 establishment unit since 2021
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.
Oudenbos 82A3202 AarschotGround area
911 m²
Building footprint
168 m²
Volume, LiDAR
1,066 m³
Parcel 24092E0153/00K000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lien Collaer Beauty Concepts
since 20212.316.738.496
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24092E0153/00K000 | Flanders | 911 m² | 1 · 168 m² | 7.6 m · 2 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.
Similar companies · same sector, comparable size
BB NAILS
BE 0726.620.169
Elsene · Eq €3k
VENUS MEDICAL ESTHETICS
BE 0765.550.823
Dilbeek · Eq €3k
ELITE BEAUTY CENTER
BE 1001.002.584
Kortenberg · Eq €3k
BELGIUM PRO AESTHETICS
BE 0698.622.605
Enghien · Eq €3k
ChrisArtLounge
BE 0550.520.530
Grez-Doiceau · Eq €3k
Of 24,863 companies in sector 96220 we hold annual accounts for 1,443. 703 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-05-2021
Fiscal year end31-12
Activities, NACEBEL
96022Beauty treatment
96220Beauty care and other beauty treatments
47750Retail sale of cosmetics and toilet articles
70200Business and other management consultancy
70220Business consulting
77225Rental and leasing activities
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.