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LIGHTMARE

Active Private limited companyfounded 2002active for 23 yearsHarelbeeksestraat 17, 8520 KuurneKBO/BCE: BE 0479.114.870 #9 oldest company in Kuurne, Administrative and support services sector

Lifetime

20 annual accounts with figures on one time axis, 23 filings since 2003
peak €57,112 (2025)
€57,112▲ 32.9%
lowest -€12,927 (2020)
€28,719▲ 66.5%
peak €112,718 (2025)
€112,718▲ 34.2%
€52,416▼ 9.9%
Board1 name since 2002
1 directorVERBEKE WOUTER
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Gross margin from €42,981 to €57,112Result from €17,251 to €28,719Equity from €83,999 to €112,718

Key points

from the 2025 annual accounts

Equity

€112,718 ▲ 34.2%

LIGHTMARE has made a profit without a break since 2021.

Turnover

≈ €120,000 estimated

The micro format states no turnover.

Filings

23 annual accounts since 2003
AprilJune31 JulyOctober20102020

The last five annual accounts were filed 5 to 38 days before the end of the period.

Checked score

97
Excellent
Financially stronger than 74% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

93+9equity 68.3% of total assets
93+2short-term debt 21.6% · cash 80.8%
90+6return on assets 17.4%

Score breakdown

lowers risk
Liquidity: current ratio 4.55, cash €133,365
Equity €112,718 (68.3% of total assets)
Size: total assets €165,134
Sector: Office administrative, office support and other business support activities (NACE 82)
Calculation

The band follows from the bankruptcy probability. 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 82, micro). It does better than 68% of them on solvency, 87% on liquidity, 65% on profitability and 74% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as LIGHTMARE has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of LIGHTMARE itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for LIGHTMARE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €10,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.55 (3.64 in 2024), above the usual 1.5. Short-term debt is 21.6% and cash 80.8% of total assets. 31.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 4.55, cash €133,365
NBB · annual accounts
lowers risk · Equity €112,718 (68.3% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €165,134
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
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
24 days early
2023
37 days early
2022
5 days early
2021
38 days early
2020
38 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 29 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% 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 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VW
VERBEKE WOUTER
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0479114870
Legal-form change · Resignations & appointments “Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer van haar roerend…” (deed in Dutch) · General meeting of 18-09-2023 · Gazette deed
First establishment Veldm. Montgomerystraat, Kuurne
Incorporation published on 02-01-2003 · Gazette deed
All 35 events

Comparable companies

same main activity, similar in size and age
Company
LIGHTMARE Kuurne €165,134 €57,112 68.3% -
Co-Motion Agency Kortenberg €176,729 €73,291 40.8% -
GLOBAL CONCEPT CONSULTING Uccle €174,186 €43,906 29.9% -
BROWET MICROSCOPE DENTISTRY Aalst €135,651 €65,764 12.2% -
BASIC Hasselt €127,835 €48,367 44.5% -
2 WAYS Wavre €218,508 €49,759 28.2% -
SECOND SKIN PEOPLE Watermael-Boitsfort €143,306 €68,146 28.0% -

These companies have the same main activity as LIGHTMARE: organisation of conventions and trade shows (NACE 82300). They are comparable in size and age: total assets between €128,000 and €219,000, founded between 2002 and 2006.

Official details

Source: KBO
Status
Active since 23-12-2002Normal situation
Activity
Organisation of conventions and trade showsNACE 82300and 1 other
Establishment unit
2.126.437.1668520 Kuurne, since 10-03-2003
Financial year end
31 December
Peppol
Reachable since 01-07-2025
Company details

Annual accounts 2025

€165,134▲ 16.1%
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on LIGHTMARE

LIGHTMARE files the micro format. That format states no turnover. The gross margin rose from €7,832 in 2006 to €57,112 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about LIGHTMARE

What is the company number of LIGHTMARE?
The company number of LIGHTMARE is 0479.114.870. The VAT number is the same number with BE in front: BE 0479.114.870.
Where is LIGHTMARE based?
The registered office is at Harelbeeksestraat 17, 8520 Kuurne.Company details
What does LIGHTMARE do?
According to the KBO register, the main activity is organisation of conventions and trade shows (NACE 82300).
What is the legal form of LIGHTMARE?
LIGHTMARE is a private limited company (BV).
When was LIGHTMARE founded?
LIGHTMARE was founded on 23-12-2002.
Is LIGHTMARE still active?
Yes, LIGHTMARE is an active enterprise in the KBO register.
What is the turnover of LIGHTMARE?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €57,112 and 36 comparable companies (NACE 82). It probably lies between €94,000 and €160,000.Financials
Is LIGHTMARE profitable?
In financial year 2025, LIGHTMARE made a profit of €28,719.
Where can I find the annual accounts of LIGHTMARE?
LIGHTMARE filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LIGHTMARE due?
LIGHTMARE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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