LIGHT-ELECT HOLDING
ActiveSummary
The computed 12-month bankruptcy probability of LIGHT-ELECT HOLDING is 3.1% (moderate). The 2024 annual accounts show equity of €506k and a net result of €-140k. Equity remains stable across the filed fiscal years (±2.2% per year). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability21▼-27
Solvency48▼-1
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days only on tighter terms
Liquidity short (current ratio 0.0 against 0.1 in 2023; short-term debt: 76.8% and cash: 0.2% of total assets), and 76.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 2024Solvency, return and age of the figures
Solvency
23.2%
Return on assets
-6.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
30 d early
2022
17 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-140k
2023 · €116k
2022: €-2k
2023: €116k▲ +6187% vs 2022highest in 3 years
2024: €-140k▼ -221% vs 2023lowest in 3 years
2022 → 2024
Working capital
€-1.67M▲ 10.0%
2023 · €-1.86M
2022: €-1.97Mlowest in 3 years
2023: €-1.86M▲ +5.9% vs 2022
2024: €-1.67M▲ +10.0% vs 2023highest in 3 years
2022 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€530k-€646k▲ 21.9%€506k▼ 21.7%
2022: €530k
2023: €646k▲ +21.9% vs 2022highest in 3 years
2024: €506k▼ -21.7% vs 2023lowest in 3 years
Operating result€-2k-€-3k▼ 83.1%€-140k▼ 3,894%
2022: €-2khighest in 3 years
2023: €-3k▼ -83.1% vs 2022
2024: €-140k▼ -3894% vs 2023lowest in 3 years
Net result€-2k-€116k€-140k
2022: €-2k
2023: €116k▲ +6187% vs 2022highest in 3 years
2024: €-140k▼ -221% vs 2023lowest in 3 years
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €140k in 2024 against €3k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.18M
Fixed assets
€2.18M ▼ 13.0%
Current assets
€5k ▼ 97.5%
Equity and liabilities €2.18M
Equity
€506k ▼ 21.7%
Debt
€1.68M ▼ 18.6%
Debt's share of the balance-sheet total rises from 76.1% to 76.8%. Equity and debt are lower.
Key figures and ratios
Current ratio
0.00▼
2023 · 0.10
Debt to equity
3.31▲
2023 · 3.19
ROE
-27.7%▼
2023 · 18.0%
ROA
-6.4%▼
2023 · 4.3%
Debt ≤ 1 year
€1.68M▼
2023 · €2.06M
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 · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.70M€2.18M▼
Fixed assets21/28€2.50M€2.18M▼
Financial fixed assets28€2.50M€2.18M▼
Current assets29/58€202k€5k▼
Amounts receivable within one year40/41€180k-
Other amounts receivable41€180k-
Cash at bank and in hand54/58€21k€5k▼
Deferred charges and accrued income490/1-€190
Equity and liabilities
Total equity and liabilities10/49€2.70M€2.18M▼
Equity10/15€646k€506k▼
Contributions10/11€228k€228k=
Capital10€228k€228k=
Issued capital100€228k€228k=
Reserves13€326k€326k=
Non-distributable reserves130/1€23k€23k=
Legal reserve130€23k€23k=
Distributable reserves133€304k€304k=
Profit (loss) carried forward14€91k€-49k▼
Amounts payable17/49€2.06M€1.68M▼
Amounts payable within one year42/48€2.06M€1.68M▼
Trade debts44€3k€3k▲
Suppliers440/4€3k€3k▲
Other amounts payable47/48€2.05M€1.67M▼
Accrued charges and deferred income492/3€36€36▼
Income statement
Code20232024
Other operating charges640/8€384€1k▲
Non-recurring operating charges66A-€133k
Gross operating margin9900€-3k€-5k▼
Operating profit (loss)9901€-3k€-140k▼
Financial income75/76B€120k-
Recurring financial income75€120k-
Financial charges65/66B€343€435▲
Recurring financial charges65€343€435▲
Profit (loss) for the period before taxes9903€116k€-140k▼
Profit (loss) for the period9904€116k€-140k▼
Profit (loss) for the period to be appropriated9905€116k€-140k▼
Appropriation of the result
Profit (loss) to be appropriated9906€114k€-49k▼
Profit (loss) brought forward from the previous period14P€-2k€91k▲
Transfer to equity691/2€23k-
To the legal reserve6920€23k-
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €358 | €384 | €1k | ▲ 254% |
| Non-recurring operating charges66A | - | - | €133k | - |
| Gross operating margin9900 | €-2k | €-3k | €-5k | ▼ 56.1% |
| Operating profit (loss)9901 | €-2k | €-3k | €-140k | ▼ 3,894% |
| Financial income75/76B | - | €120k | - | - |
| Recurring financial income75 | - | €120k | - | - |
| Financial charges65/66B | - | €343 | €435 | ▲ 26.9% |
| Recurring financial charges65 | - | €343 | €435 | ▲ 26.9% |
| Profit (loss) for the period before taxes9903 | €-2k | €116k | €-140k | ▼ 221% |
| Profit (loss) for the period9904 | €-2k | €116k | €-140k | ▼ 221% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €116k | €-140k | ▼ 221% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €2.93M | €2.70M | €2.18M | ▼ 19.3% |
| Fixed assets21/28 | €2.50M | €2.50M | €2.18M | ▼ 13.0% |
| Financial fixed assets28 | €2.50M | €2.50M | €2.18M | ▼ 13.0% |
| Current assets29/58 | €431k | €202k | €5k | ▼ 97.5% |
| Amounts receivable within one year40/41 | €431k | €180k | - | - |
| Other amounts receivable41 | €431k | €180k | - | - |
| Cash at bank and in hand54/58 | - | €21k | €5k | ▼ 77.4% |
| Deferred charges and accrued income490/1 | - | - | €190 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €2.93M | €2.70M | €2.18M | ▼ 19.3% |
| Equity10/15 | €530k | €646k | €506k | ▼ 21.7% |
| Contributions10/11 | €228k | €228k | €228k | = |
| Capital10 | - | €228k | €228k | = |
| Issued capital100 | - | €228k | €228k | = |
| Reserves13 | €304k | €326k | €326k | = |
| Non-distributable reserves130/1 | - | €23k | €23k | = |
| Legal reserve130 | - | €23k | €23k | = |
| Distributable reserves133 | €304k | €304k | €304k | = |
| Profit (loss) carried forward14 | €-2k | €91k | €-49k | ▼ 153% |
| Amounts payable17/49 | €2.40M | €2.06M | €1.68M | ▼ 18.6% |
| Amounts payable within one year42/48 | €2.40M | €2.06M | €1.68M | ▼ 18.6% |
| Trade debts44 | €358 | €3k | €3k | ▲ 8.6% |
| Suppliers440/4 | €358 | €3k | €3k | ▲ 8.6% |
| Other amounts payable47/48 | €2.40M | €2.05M | €1.67M | ▼ 18.6% |
| Accrued charges and deferred income492/3 | - | €36 | €36 | ▼ 0.4% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €116k | €-140k | ▼ 221% |
| Operating cash flow (approximation) | €-2k | €116k | €-140k | ▼ 221% |
| Investment in fixed assets (approximation) | - | €0 | €325k | - |
| Change in cash | - | - | €-17k | - |
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
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-140k
Net result drops to €-140k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €116k
Net result €116k after one loss-making year.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Liège
Ground area
1,402 m²
Building footprint
889 m²
Volume, LiDAR
5,750 m³
Parcel 62023B0040/00A029, Wallonia · tallest building 12.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62023B0040/00A029 | Wallonia | 1,402 m² | 1 · 889 m² | 12.1 m · 2 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.
Identification & contact
Identification
Legal formPublic limited company
Founded11-08-2022
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.