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LIGHT FLOW

Active
Private limited companyfounded 2024active for 2 yearsSteenweg op Ruisbroek 257, 1620 Drogenbos, Belgium262 active companies are registered at this addressKBO/BCE: BE 1012.086.815
Summary

The computed 12-month bankruptcy probability of LIGHT FLOW is 2.7% (moderate). The 2025 annual accounts show equity of €9,400 and a net result of €5,900. Its solvency ranks better than 36% of 9,217 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00469687.

Equity
€9,400
Total assets
€31,877
Net result
€5,900
Working capital
€9,313

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €31,877
Fixed assets €8,226
Current assets €23,651
Equity and liabilities €31,877
Equity €9,400
Debt €22,477
Debt finances 70.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€12,293
Cash flow
€8,528
Current ratio
1.65
Debt to equity
2.39
ROE
62.8%
ROA
18.5%
Interest coverage
19.21
Debt ≤ 1 year
€14,338
Debt > 1 year
€8,139
Income taxes
€3,126

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 43 lines
Balance sheet Code2025
Assets
Total assets20/58€31,877
Fixed assets21/28€8,226
Tangible fixed assets22/27€8,226
Furniture and vehicles24€8,226
Current assets29/58€23,651
Amounts receivable within one year40/41€15,086
Trade receivables40€7,889
Other amounts receivable41€7,197
Cash at bank and in hand54/58€8,175
Deferred charges and accrued income490/1€390
Equity and liabilities
Total equity and liabilities10/49€31,877
Equity10/15€9,400
Contributions10/11€3,500
Reserves13€5,800
Distributable reserves133€5,800
Profit (loss) carried forward14€100
Amounts payable17/49€22,477
Amounts payable after more than one year17€8,139
Financial debts170/4€8,139
Amounts payable within one year42/48€14,338
Current portion of amounts payable after more than one year42€2,653
Trade debts44€6,924
Suppliers440/4€6,924
Advances received on contracts in progress46€121
Taxes, remuneration and social security45€4,640
Taxes450/3€3,240
Remuneration and social security454/9€1,400
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,628
Other operating charges640/8€232
Non-recurring operating charges66A€2,628
Gross operating margin9900€15,153
Operating profit (loss)9901€9,664
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€640
Recurring financial charges65€640
Profit (loss) for the period before taxes9903€9,026
Income taxes67/77€3,126
Profit (loss) for the period9904€5,900
Profit (loss) for the period to be appropriated9905€5,900
Appropriation of the result
Profit (loss) to be appropriated9906€5,900
Transfer to equity691/2€5,800
To other reserves6921€5,800

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,628
Other operating charges640/8€232
Non-recurring operating charges66A€2,628
Gross operating margin9900€15,153
Operating profit (loss)9901€9,664
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€640
Recurring financial charges65€640
Profit (loss) for the period before taxes9903€9,026
Income taxes67/77€3,126
Profit (loss) for the period9904€5,900
Profit (loss) for the period to be appropriated9905€5,900
Line2025
Assets
Total assets20/58€31,877
Fixed assets21/28€8,226
Tangible fixed assets22/27€8,226
Furniture and vehicles24€8,226
Current assets29/58€23,651
Amounts receivable within one year40/41€15,086
Trade receivables40€7,889
Other amounts receivable41€7,197
Cash at bank and in hand54/58€8,175
Deferred charges and accrued income490/1€390
Equity and liabilities
Total equity and liabilities10/49€31,877
Equity10/15€9,400
Contributions10/11€3,500
Reserves13€5,800
Distributable reserves133€5,800
Profit (loss) carried forward14€100
Amounts payable17/49€22,477
Amounts payable after more than one year17€8,139
Financial debts170/4€8,139
Amounts payable within one year42/48€14,338
Current portion of amounts payable after more than one year42€2,653
Trade debts44€6,924
Suppliers440/4€6,924
Advances received on contracts in progress46€121
Taxes, remuneration and social security45€4,640
Taxes450/3€3,240
Remuneration and social security454/9€1,400
Line2025
Profit (loss) for the period9904€5,900
+ Depreciation and write-downs630€2,628
Operating cash flow (approximation)€8,528

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00469687

Similar companies · same sector, comparable size

Of the 29,196 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,159. 9,172 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.