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LIGHT CONSULT RESEARCH

Active
Private limited companyfounded 2001active for 24 yearsChaussée de Perwez(SM) 410, 5003 Namur, BelgiumKBO/BCE: BE 0476.347.796
Summary

The computed 12-month bankruptcy probability of LIGHT CONSULT RESEARCH is 3.1% (moderate). The annual accounts of LIGHT CONSULT RESEARCH for financial year 2025 show a net loss of 68% of the equity at the start of that year. The 2025 annual accounts show equity of €84,249 and a net result of -€178,658. Equity is growing by about 33% per year across the filed financial years. Its solvency ranks better than 17% of 12,482 sector peers (NACE 47, financial year 2025). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of lighting equipment
NACE 47552Wholesale of electrical equipment, including installation materials NACE 46643
1 site
Size
€1.4mtotal assets 2025
Staff
6.5 FTE
Equity
€84,249
Loss
-€178,658
Net result -1,096%: other schema
Financial health
48 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.1%
Structure
Parent
LIGHT-ELECT HOLDING · 100%
Accounts 32 days early0 of 5 deeds read
Why 48raises riskLoss of €178,658, the second in a row (financial year 2025)Equity €84,249 (6.0% of total assets)Sector: Retail trade (NACE 47)Size: 6.5 FTE, total assets €1.4mShow the evidence

Checked score

Score 2025
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 14% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Weak
Solvency 31-8
equity 6.0% of total assets
Liquidity 9-11
short-term debt 88.0% · cash 5.9%
Profitability 3-26
return on assets -12.6%
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,188 companies, NACE 47, micro)
Last 24 months 11-2024: 0.6%lowest value 12-2024: 0.6%● unchanged vs 11-2024lowest value 01-2025: 0.6%● unchanged vs 12-2024lowest value 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.7%▲ +0.1 percentage points vs 05-2025 07-2025: 0.9%▲ +0.2 percentage points vs 06-2025 08-2025: 1.1%▲ +0.2 percentage points vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.0%▼ -0.1 percentage points vs 05-2026 07-2026: 1.1%▲ +0.1 percentage points vs 06-2026 08-2026: 1.8%▲ +0.7 percentage points vs 07-2026 09-2026: 2.1%▲ +0.3 percentage points vs 08-2026 10-2026: 3.1%▲ +1.0 percentage point vs 09-2026highest value
Credit of up to €4,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.07, compared with 1.16 in 2024; short-term debt: 88% and cash: 5.9% of total assets), and 94% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 23% on solvency, 10% on liquidity, 14% on profitability and 8% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
+raises risk○neutral
raises risk · Loss of €178,658, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Equity €84,249 (6.0% of total assets)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Size: 6.5 FTE, total assets €1.4m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
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 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€178,658
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 12482 sector peers (2025).
NBB · sector comparison
Position among 12482 sector peers
Solvency
better than 17%
← weakest strongest →
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
31 days early
2023
30 days early
2022
62 days early
2021
61 days early
2020
80 days early
2019
38 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 48 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Weakest financial yearnet -€178,658
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Caution: Result fell in 2025different schema filed ▼ 1,096% View
  • Caution: Among the weakest 5% on net resultsector median €28,206 · 12,471 companies -€178,658 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by LIGHT-ELECT HOLDINGultimately: itsme Holding Belgium 100% View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€178,658 View

By topic

Financials

Financial year
2025
Total assets
€1.4m
Loss
-€178,658
Solvency
6.0%
Total assets▼ 24.9%
Net result
20182025
Go to Financials

Timeline

Events
28
Since
2003
Next accounts
by 31-07-2027
  1. 01-07-2024Annual accounts filed
  2. 31-12-2023Equity above €200,000
  3. 30-05-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of lighting equipmentNACE 47552
Founded
19-12-2001
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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