LIESROOD
ActiveSummary
LIESROOD has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €373k and a net result of €9k. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 24% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability47▲+4
Solvency46▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity short (current ratio 0.44 against 0.4 in 2024; short-term debt: 7% and cash: 0% of total assets), and 79.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
20.6%
Return on assets
0.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 31791 sector peers (2025).
NBB · sector comparisonPosition among 31791 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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
3 d late
2024
29 d late
2023
26 d early
2022
on the day
2021
4 d late
2020
26 d early
2019
29 d early
← 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
€373k▲ 2.4%
2024 · €364k
2018: €218klowest in 8 years
2019: €259k▲ +18.7% vs 2018
2020: €329k▲ +27.3% vs 2019
2021: €356k▲ +8.1% vs 2020
2022: €353k▼ -0.6% vs 2021
2023: €360k▲ +1.9% vs 2022
2024: €364k▲ +1.1% vs 2023
2025: €373k▲ +2.4% vs 2024highest in 8 years
2018 → 2025
Total assets
€1.81M▼ 3.2%
2024 · €1.87M
2018: €908klowest in 8 years
2019: €933k▲ +2.8% vs 2018
2020: €923k▼ -1.1% vs 2019
2021: €1.14M▲ +23.4% vs 2020
2022: €1.55M▲ +36.3% vs 2021
2023: €1.89M▲ +21.5% vs 2022highest in 8 years
2024: €1.87M▼ -0.9% vs 2023
2025: €1.81M▼ -3.2% vs 2024
2018 → 2025
Net result
€9k▲ 127%
2024 · €4k
2018: €23k
2019: €42k▲ +82.5% vs 2018
2020: €76k▲ +78.6% vs 2019highest in 8 years
2021: €32k▼ -57.3% vs 2020
2022: €22k▼ -32.2% vs 2021
2023: €7k▼ -68.7% vs 2022
2024: €4k▼ -44.2% vs 2023lowest in 8 years
2025: €9k▲ +127% vs 2024
2018 → 2025
Working capital
€-71k▲ 21.8%
2024 · €-91k
2018: €71k
2019: €99k▲ +38.9% vs 2018
2020: €116k▲ +17.2% vs 2019highest in 8 years
2021: €48k▼ -58.8% vs 2020
2022: €71k▲ +47.9% vs 2021
2023: €-134k▼ -289% vs 2022lowest in 8 years
2024: €-91k▲ +31.9% vs 2023
2025: €-71k▲ +21.8% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€356k-€353k▼ 0.6%€360k▲ 1.9%€364k▲ 1.1%€373k▲ 2.4%
2021: €356k
2022: €353k▼ -0.6% vs 2021lowest in 5 years
2023: €360k▲ +1.9% vs 2022
2024: €364k▲ +1.1% vs 2023
2025: €373k▲ +2.4% vs 2024highest in 5 years
Operating result€60k-€53k▼ 12.4%€38k▼ 29.1%€42k▲ 13.2%€47k▲ 11.1%
2021: €60khighest in 5 years
2022: €53k▼ -12.4% vs 2021
2023: €38k▼ -29.1% vs 2022lowest in 5 years
2024: €42k▲ +13.2% vs 2023
2025: €47k▲ +11.1% vs 2024
Net result€32k-€22k▼ 32.2%€7k▼ 68.7%€4k▼ 44.2%€9k▲ 127%
2021: €32khighest in 5 years
2022: €22k▼ -32.2% vs 2021
2023: €7k▼ -68.7% vs 2022
2024: €4k▼ -44.2% vs 2023lowest in 5 years
2025: €9k▲ +127% 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 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.81M
Fixed assets
€1.75M ▼ 3.0%
Current assets
€55k ▼ 10.8%
Equity and liabilities €1.81M
Equity
€373k ▲ 2.4%
Debt
€1.43M ▼ 4.6%
Debt's share of the balance-sheet total falls from 80.5% to 79.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€112k▲
2024 · €106k
Cash flow
€73k▲
2024 · €68k
Current ratio
0.44▲
2024 · 0.40
Debt to equity
3.85▼
2024 · 4.13
ROE
2.3%▲
2024 · 1.0%
ROA
0.5%▲
2024 · 0.2%
Interest coverage
3.28▲
2024 · 2.92
Debt ≤ 1 year
€127k▼
2024 · €153k
Debt > 1 year
€1.31M▼
2024 · €1.35M
Income taxes
€5k▲
2024 · €4k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.87M€1.81M▼
Fixed assets21/28€1.81M€1.75M▼
Tangible fixed assets22/27€1.81M€1.75M▼
Land and buildings22€1.79M€1.74M▼
Plant, machinery and equipment23€699€174▼
Furniture and vehicles24€14k€12k▼
Financial fixed assets28€600€600=
Current assets29/58€62k€55k▼
Amounts receivable after more than one year29€34k€28k▼
Other amounts receivable291€34k€28k▼
Amounts receivable within one year40/41€24k€24k▲
Trade receivables40€19k€19k▲
Other amounts receivable41€5k€5k▲
Cash at bank and in hand54/58€386€533▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.87M€1.81M▼
Equity10/15€364k€373k▲
Contributions10/11€29k€29k=
Reserves13€335k€344k▲
Distributable reserves133€335k€344k▲
Amounts payable17/49€1.50M€1.43M▼
Amounts payable after more than one year17€1.35M€1.31M▼
Financial debts170/4€1.35M€1.31M▼
Amounts payable within one year42/48€153k€127k▼
Current portion of amounts payable after more than one year42€121k€83k▼
Financial debts43€3k€5k▲
Credit institutions430/8€3k€5k▲
Trade debts44€1k€11k▲
Suppliers440/4€1k€11k▲
Taxes, remuneration and social security45€19k€21k▲
Taxes450/3€19k€21k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€9k€7k▼
Accrued charges and deferred income492/3€5k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€64k▲
Other operating charges640/8€4k€5k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€110k€119k▲
Operating profit (loss)9901€42k€47k▲
Financial income75/76B€1k€515▼
Recurring financial income75€1k€515▼
Financial charges65/66B€36k€34k▼
Recurring financial charges65€36k€34k▼
Profit (loss) for the period before taxes9903€7k€14k▲
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€4k€9k▲
Profit (loss) for the period to be appropriated9905€4k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€9k▲
Transfer to equity691/2€4k€9k▲
To other reserves6921€4k€9k▲
The notes to these accounts (17 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 | €28k | €25k | €29k | €64k | €64k | ▲ 0.6% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €-30k | - | - | - | - | - |
| Other operating charges640/8 | €6k | €11k | €9k | €4k | €5k | ▲ 44.4% |
| Non-recurring operating charges66A | - | - | - | - | €2k | - |
| Gross operating margin9900 | €64k | €89k | €75k | €110k | €119k | ▲ 8.0% |
| Operating profit (loss)9901 | €60k | €53k | €38k | €42k | €47k | ▲ 11.1% |
| Financial income75/76B | €2k | €2k | €2k | €1k | €515 | ▼ 62.0% |
| Recurring financial income75 | €2k | €2k | €2k | €1k | €515 | ▼ 62.0% |
| Financial charges65/66B | €19k | €21k | €27k | €36k | €34k | ▼ 6.6% |
| Recurring financial charges65 | €19k | €21k | €27k | €36k | €34k | ▼ 6.6% |
| Profit (loss) for the period before taxes9903 | €43k | €34k | €13k | €7k | €14k | ▲ 85.0% |
| Income taxes67/77 | €11k | €12k | €6k | €4k | €5k | ▲ 40.7% |
| Profit (loss) for the period9904 | €32k | €22k | €7k | €4k | €9k | ▲ 127% |
| Profit (loss) for the period to be appropriated9905 | €32k | €22k | €7k | €4k | €9k | ▲ 127% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.14M | €1.55M | €1.89M | €1.87M | €1.81M | ▼ 3.2% |
| Fixed assets21/28 | €974k | €1.39M | €1.76M | €1.81M | €1.75M | ▼ 3.0% |
| Tangible fixed assets22/27 | €973k | €1.39M | €1.76M | €1.81M | €1.75M | ▼ 3.0% |
| Land and buildings22 | €952k | €1.38M | €1.74M | €1.79M | €1.74M | ▼ 2.8% |
| Plant, machinery and equipment23 | €2k | €3k | €2k | €699 | €174 | ▼ 75.1% |
| Furniture and vehicles24 | €19k | €14k | €16k | €14k | €12k | ▼ 19.8% |
| Financial fixed assets28 | €600 | €600 | €600 | €600 | €600 | = |
| Current assets29/58 | €165k | €159k | €126k | €62k | €55k | ▼ 10.8% |
| Amounts receivable after more than one year29 | €110k | €105k | €100k | €34k | €28k | ▼ 19.2% |
| Other amounts receivable291 | €110k | €105k | €100k | €34k | €28k | ▼ 19.2% |
| Amounts receivable within one year40/41 | €28k | €52k | €12k | €24k | €24k | ▲ 0.5% |
| Trade receivables40 | €20k | €27k | €0 | €19k | €19k | ▲ 0.4% |
| Other amounts receivable41 | €9k | €25k | €12k | €5k | €5k | ▲ 0.9% |
| Cash at bank and in hand54/58 | €26k | €505 | €11k | €386 | €533 | ▲ 37.9% |
| Deferred charges and accrued income490/1 | €827 | €2k | €4k | €3k | €2k | ▼ 12.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.14M | €1.55M | €1.89M | €1.87M | €1.81M | ▼ 3.2% |
| Equity10/15 | €356k | €353k | €360k | €364k | €373k | ▲ 2.4% |
| Contributions10/11 | €29k | €29k | €29k | €29k | €29k | = |
| Reserves13 | €327k | €325k | €332k | €335k | €344k | ▲ 2.6% |
| Non-distributable reserves130/1 | €3k | €3k | €0 | - | - | - |
| Reserves not available under the articles1311 | €3k | €3k | €0 | - | - | - |
| Distributable reserves133 | €324k | €322k | €332k | €335k | €344k | ▲ 2.6% |
| Profit (loss) carried forward14 | - | - | €0 | - | - | - |
| Amounts payable17/49 | €783k | €1.20M | €1.53M | €1.50M | €1.43M | ▼ 4.6% |
| Amounts payable after more than one year17 | €666k | €1.11M | €1.27M | €1.35M | €1.31M | ▼ 2.8% |
| Financial debts170/4 | €666k | €1.11M | €1.27M | €1.35M | €1.31M | ▼ 2.8% |
| Amounts payable within one year42/48 | €118k | €89k | €259k | €153k | €127k | ▼ 17.3% |
| Current portion of amounts payable after more than one year42 | €33k | €32k | €66k | €121k | €83k | ▼ 31.6% |
| Financial debts43 | - | - | - | €3k | €5k | ▲ 78.1% |
| Credit institutions430/8 | - | - | - | €3k | €5k | ▲ 78.1% |
| Trade debts44 | €63k | €9k | €157k | €1k | €11k | ▲ 867% |
| Suppliers440/4 | €63k | €9k | €157k | €1k | €11k | ▲ 867% |
| Taxes, remuneration and social security45 | €20k | €24k | €36k | €19k | €21k | ▲ 8.7% |
| Taxes450/3 | €18k | €21k | €33k | €19k | €21k | ▲ 8.7% |
| Remuneration and social security454/9 | €1k | €2k | €3k | €0 | - | - |
| Other amounts payable47/48 | €2k | €24k | €0 | €9k | €7k | ▼ 25.1% |
| Accrued charges and deferred income492/3 | €77 | - | - | €5k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32k | €22k | €7k | €4k | €9k | ▲ 127% |
| + Depreciation and write-downs630 | €28k | €25k | €29k | €64k | €64k | ▲ 0.6% |
| Operating cash flow (approximation) | €60k | €46k | €36k | €68k | €73k | ▲ 7.7% |
| Investment in fixed assets (approximation) | - | €-444k | €-396k | €-110k | €-10k | ▲ 90.6% |
| Change in cash | - | €-26k | €10k | €-10k | €146 | ▲ 101% |
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
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €4k ▼44.2%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €76k ▲78.6%
Operating result €102k, net result €76k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Leuven · 1 establishment unit since 1998
Ground area
8,422 m²
Building footprint
251 m²
Volume, LiDAR
301 m³
Parcel 24514A0007/00K003, Flanders · tallest building 13.3 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LIESROOD
since 19982.030.084.888
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24514A0007/00K003 | Flanders | 8,422 m² | 1 · 250 m² | 13.3 m |
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 82,553 companies in sector 70200 we hold annual accounts for 52,585. 36,812 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
Founded21-09-1987
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.