Liemax horses
The computed 12-month bankruptcy probability of Liemax horses is 0.7% (low). The 2024 annual accounts show equity of €87k and a net result of €-318k. Equity is growing by ~91.4% per year across the filed fiscal years. Its solvency ranks better than 43% of 816 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €87k |
| Net result | €-318k |
| Staff (FTE) | 2.5 |
| Better than sector | 43% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 14.7% | 20.4% | |
| Net result | €-318k | €5k | |
| Equity | €87k | €36k | |
| Gross operating margin | €-136k | €33k | |
| Staff costs | €79k | €21k |
Show 10 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-217k |
| Net profit | €-318k |
| Cash flow | €-247k |
| Staff costs | €79k |
| Income taxes | - |
| Dividends | - |
| Total assets | €591k |
| Equity | €87k |
| Debt | €504k |
| of which ≤ 1y | €256k |
| of which > 1y | €222k |
| Working capital | €-103k |
| Employees (FTE) | 2.5 |
| 2024 | |
|---|---|
| Current ratio | 0.60 |
| Quick ratio | 0.25 |
| Working capital ratio | -17.4% |
| Solvency | 14.7% |
| Debt / equity | 5.79 |
| Long-term debt ratio | 2.55 |
| Interest coverage | -6.48 |
| Gross margin | - |
| Net margin | - |
| ROA | -53.8% |
| ROE | -365.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €591k |
| Fixed assets | 21/28 | €438k |
| Tangible fixed assets | 22/27 | €438k |
| Current assets | 29/58 | €153k |
| Stocks & contracts in progress | 3 | €88k |
| Amounts receivable within one year | 40/41 | €61k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €591k |
| Equity | 10/15 | €87k |
| Contributions / capital | 10/11 | €915k |
| Accumulated profits (losses) | 14 | €-828k |
| Amounts payable | 17/49 | €504k |
| Amounts payable after one year | 17 | €222k |
| Amounts payable within one year | 42/48 | €256k |
| Trade debts payable within one year | 44 | €24k |
| Income statement | ||
| Gross operating margin | 9900 | €-136k |
| Operating result | 9901 | €-287k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €33k |
| Result before taxes | 9903 | €-318k |
| Net result for the period | 9904 | €-318k |
| Result to be appropriated | 9905 | €-318k |
| NACE primary | Fokken en houden van paarden en andere paardachtigen(01430) |
| Legal form | Private limited company(610) |
| Incorporation | 25-05-2021 |
| Status | Active |
| Postal code | 2260 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13050A0072/00Y000 | Flanders | 1,912 m² | - | - |
| 13049B0756/00P000 | Flanders | 1,277 m² | 1 · 130 m² | 8.9 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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.
19-12-2024 Capital increase of €332,000 to €608,832.08
- €276.832,08 → €608.832,08
- Inbreng in natura · Apport en nature
Technical details
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"notary": {
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},
"act_meta": {
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"pub_date": "2024-12-19",
"filing_date": "2024-12-17",
"act_kind_objet": "Onderwerp akte:"
},
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},
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"firm_name": "Moore Audit BV",
"ibr_number": null,
"mission_type": "inbreng_nature",
"individual_name": "Guy Franken"
},
"subject_company": {
"kbo": "0768.711.934",
"name_full": "LiEMax horses",
"legal_form": "B.V.",
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"co_filed_documents": [
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],
"shareholders_after": [],
"share_classes_after": []
}| Legal nameNL | Liemax horses |