LIGHT FACTORY
ActiveLIGHT FACTORY has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €391k and a net result of €5k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 47% of 7912 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
71
/ 100
Healthy▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability7▼-4
Solvency75▼-1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.55 in 2024), but 59% 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.
−lowers risk+raises risk○neutral
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
41%
Return on assets
0.5%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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
13 d late
2024
16 d early
2023
9 d late
2022
23 d late
2021
12 d late
2020
17 d early
2019
31 d late
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€391k▼ 3.7%
2024 · €406k
2018: €234k
2019: €237k
2020: €290k
2021: €341k
2022: €367k
2023: €400k
2024: €406k
2018 → 2025
Total assets
€953k▼ 1.5%
2024 · €967k
2018: €920k
2019: €939k
2020: €910k
2021: €1.03M
2022: €934k
2023: €1.02M
2024: €967k
2018 → 2025
Net result
€5k▼ 43.2%
2024 · €9k
2018: €631
2019: €4k
2020: €53k
2021: €51k
2022: €26k
2023: €33k
2024: €9k
2018 → 2025
Working capital
€265k▲ 0.8%
2024 · €262k
2018: €73k
2019: €225k
2020: €251k
2021: €309k
2022: €274k
2023: €266k
2024: €262k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€341k-€367k▲ 7.5%€400k▲ 9.0%€406k▲ 1.4%€391k▼ 3.7%
Operating result€83k-€44k▼ 47.2%€62k▲ 43.1%€30k▼ 51.3%€24k▼ 20.5%
Net result€51k-€26k▼ 50.0%€33k▲ 28.6%€9k▼ 72.6%€5k▼ 43.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 20% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €953k
Fixed assets
€194k▼ 15.2%
Current assets
€759k▲ 2.8%
Equity and liabilities €953k
Equity
€391k▼ 3.7%
Debt
€562k▲ 0.2%
The debt ratio rises from 58.0% to 59.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€80k▼
2024 · €85k
Cash flow
€61k▼
2024 · €64k
Solvency
41.0%▼
2024 · 42.0%
Current ratio
1.54▼
2024 · 1.55
Quick ratio
0.83▲
2024 · 0.80
Debt / equity
1.44▲
2024 · 1.38
ROE
1.3%▼
2024 · 2.2%
ROA
0.5%▼
2024 · 0.9%
Interest coverage
5.58▲
2024 · 5.15
Debt
€562k▲
2024 · €561k
Debt ≤ 1 year
€494k▲
2024 · €475k
Debt > 1 year
€47k▼
2024 · €62k
Income taxes
€5k▼
2024 · €6k
Staff costs
€114k▼
2024 · €153k
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€967k€953k▼
Fixed assets21/28€229k€194k▼
Tangible fixed assets22/27€229k€194k▼
Land and buildings22€132k€110k▼
Plant, machinery and equipment23€2k€19k▲
Furniture and vehicles24€44k€28k▼
Leasing and similar rights25€51k€36k▼
Current assets29/58€738k€759k▲
Stocks and contracts in progress3€359k€347k▼
Stocks30/36€320k€288k▼
Contracts in progress37€38k€59k▲
Amounts receivable within one year40/41€195k€265k▲
Trade receivables40€195k€265k▲
Other amounts receivable41-€319
Cash at bank and in hand54/58€177k€141k▼
Deferred charges and accrued income490/1€7k€5k▼
Equity and liabilities
Total equity and liabilities10/49€967k€953k▼
Equity10/15€406k€391k▼
Contributions10/11€124k€124k=
Reserves13€271k€256k▼
Non-distributable reserves130/1€12k€12k=
Reserves not available under the articles1311€12k€12k=
Tax-exempt reserves132€26k€26k=
Distributable reserves133€233k€218k▼
Profit (loss) carried forward14€11k€11k=
Amounts payable17/49€561k€562k▲
Amounts payable after more than one year17€62k€47k▼
Financial debts170/4€62k€47k▼
Amounts payable within one year42/48€475k€494k▲
Current portion of amounts payable after more than one year42€205k€188k▼
Trade debts44€180k€207k▲
Suppliers440/4€180k€207k▲
Taxes, remuneration and social security45€82k€75k▼
Taxes450/3€65k€61k▼
Remuneration and social security454/9€17k€14k▼
Other amounts payable47/48€9k€24k▲
Accrued charges and deferred income492/3€23k€21k▼
Income statement
Code20242025
Remuneration, social security and pensions62€153k€114k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€56k▲
Other operating charges640/8€8k€8k▼
Gross operating margin9900€245k€202k▼
Operating profit (loss)9901€30k€24k▼
Financial income75/76B€2k€291▼
Recurring financial income75€408€291▼
Non-recurring financial income76B€1k-
Financial charges65/66B€16k€15k▼
Recurring financial charges65€16k€14k▼
Non-recurring financial charges66B-€304
Profit (loss) for the period before taxes9903€15k€10k▼
Income taxes67/77€6k€5k▼
Profit (loss) for the period9904€9k€5k▼
Profit (loss) for the period to be appropriated9905€9k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€16k▼
Profit (loss) brought forward from the previous period14P€11k€11k=
Transfer from equity791/2€4k€20k▲
Transfer to equity691/2€9k€5k▼
To other reserves6921€9k€5k▼
Profit to be distributed694/7€4k€20k▲
Return on contributions (dividend)694€4k€20k▲
Social balance
Average headcount (FTE)90872.42.0▼
The notes to these accounts (8 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
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 13 days late
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 9 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 23 days late
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 12 days late
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €53k ▲1371%
Net result €53k, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 13 days late
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 7 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
ASNONG Ingrid Maggy Francine
CurrentDirector · since 29-11-2023
SCHEPERS Carlo Philip
CurrentDirector · since 29-11-2023
29-11-2023
ASNONG Ingrid Maggy Francine: Resigned as Manager
29-11-2023
ASNONG Ingrid Maggy Francine: Appointed as Director
29-11-2023
SCHEPERS Carlo Philip: Resigned as Manager
29-11-2023
SCHEPERS Carlo Philip: Appointed as Director
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2000
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.
Diestersteenweg 1273510 HasseltGround area
703 m²
Building footprint
338 m²
Volume, LiDAR
1,808 m³
Parcel 71028B0399/00P000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Diestersteenweg 127, 3510 Hasselt
since 20002.090.195.689
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71028B0399/00P000 | Flanders | 703 m² | 1 · 338 m² | 10.6 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
L-EVENTS
BE 0870.747.422
Ramillies · Eq €391k
DIMAR
BE 0866.899.787
Heist-op-den-Berg · Eq €388k
WAVE
BE 0451.001.005
Esneux · Eq €393k
TG LIGHT IMMO
BE 0439.530.061
Marche-en-Famenne · Eq €394k
PBuedts
BE 0461.649.823
Antwerpen · Eq €387k
Of 970 companies in sector 46431 we hold annual accounts for 699. 536 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-01-1999
Fiscal year end31-12
Activities, NACEBEL
46431Wholesale of electrical household appliances and audio-video equipment
46643Wholesale of electrical equipment, including installation materials
47552Retail sale of lighting equipment
47592Retail trade
52442
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.