Lightscape
ActiveThe computed 12-month bankruptcy probability of Lightscape is 1.8% (moderate). The 2025 annual accounts show equity of €17k and a net result of €-6k. Equity is growing by ~26.1% per year across the filed fiscal years. Its solvency ranks better than 57% of 11195 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency96▲+60
Growth52=
Stability100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 2.85 against 0.61 in 2024), and 48.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+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 2025Solvency, return and age of the figures
Solvency
51.5%
Return on assets
-17.7%
Age of the figures
14 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 →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
202122232425
2020 to 2025 · latest year -€6k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
46 d early
2024
44 d early
2023
43 d early
2022
40 d early
2021
49 d early
2020
23 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€17k▼ 25.5%
2024 · €23k
2020: €4k
2021: €11k
2022: €13k
2023: €25k
2024: €23k
2020 → 2025
Total assets
€34k▼ 58.5%
2024 · €81k
2020: €14k
2021: €26k
2022: €45k
2023: €88k
2024: €81k
2020 → 2025
Net result
€-6k▼ 262%
2024 · €-2k
2020: €3k
2021: €8k
2022: €2k
2023: €12k
2024: €-2k
2020 → 2025
Working capital
€18k
2024 · €-10k
2020: €3k
2021: €3k
2022: €7k
2023: €60k
2024: €-10k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€13k▲ 16.2%€25k▲ 89.2%€23k▼ 6.6%€17k▼ 25.5%
Operating result€12k-€5k▼ 56.7%€17k▲ 241%€1k▼ 92.8%€-4k
Net result€8k-€2k▼ 76.1%€12k▲ 541%€-2k€-6k▼ 262%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €1k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets
€6k▼ 90.6%
Current assets
€28k▲ 72.5%
Equity and liabilities €34k
Equity
€17k▼ 25.5%
Debt
€16k▼ 71.8%
The debt ratio falls from 71.3% to 48.5%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-2k▼
2024 · €4k
Cash flow
€-4k▼
2024 · €644
Solvency
51.5%▲
2024 · 28.7%
Current ratio
2.85▲
2024 · 0.61
Quick ratio
2.85▲
2024 · 0.61
Debt / equity
0.94▼
2024 · 2.48
ROE
-34.3%▼
2024 · -7.1%
ROA
-17.7%▼
2024 · -2.0%
Interest coverage
-0.67▼
2024 · 1.54
Debt
€16k▼
2024 · €58k
Debt ≤ 1 year
€10k▼
2024 · €26k
Income taxes
€131▼
2024 · €631
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€81k€34k▼
Fixed assets21/28€65k€6k▼
Intangible fixed assets21€874€64▼
Tangible fixed assets22/27€64k€6k▼
Plant, machinery and equipment23€2k€5k▲
Furniture and vehicles24€60k-
Other tangible fixed assets26€2k€1k▼
Current assets29/58€16k€28k▲
Amounts receivable within one year40/41€10k€17k▲
Trade receivables40€5k€17k▲
Other amounts receivable41€5k€55▼
Cash at bank and in hand54/58€4k€11k▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€81k€34k▼
Equity10/15€23k€17k▼
Contributions10/11€1k€1k=
Reserves13€24k€16k▼
Distributable reserves133€24k€16k▼
Profit (loss) carried forward14€-2k-
Amounts payable17/49€58k€16k▼
Amounts payable after more than one year17€31k-
Financial debts170/4€31k-
Amounts payable within one year42/48€26k€10k▼
Current portion of amounts payable after more than one year42€10k-
Trade debts44€11k€5k▼
Suppliers440/4€11k€5k▼
Taxes, remuneration and social security45€4k€4k▼
Taxes450/3€4k€4k▼
Other amounts payable47/48€1k€1k▼
Accrued charges and deferred income492/3€276€7k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€299€26k▲
Gross operating margin9900€4k€25k▲
Operating profit (loss)9901€1k€-4k▼
Financial income75/76B€38€353▲
Recurring financial income75€38€353▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€-1k€-6k▼
Income taxes67/77€631€131▼
Profit (loss) for the period9904€-2k€-6k▼
Profit (loss) for the period to be appropriated9905€-2k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-8k▼
Profit (loss) brought forward from the previous period14P-€-2k
Transfer from equity791/2-€8k
The notes to these accounts (10 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
2025
16-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series.
30-06
Financial
Liquidity times 5current ratio 2.85
Current ratio from 0.61 to 2.85; short-term debt falls from €26k to €10k.
2024
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Highest result since 2020net €12k ▲541%
Operating result €17k, net result €12k, both a record.
30-06
Financial
Liquidity triplescurrent ratio 3.72
Current ratio from 1.23 to 3.72; short-term debt falls from €30k to €22k.
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
13-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
08-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Truiden · 1 establishment unit since 2019
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.
Gelinden-Dorp 893800 Sint-TruidenGround area
866 m²
Building footprint
187 m²
Volume, LiDAR
1,156 m³
Parcel 71015A0616/00R000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lightscape
since 20192.290.376.371
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71015A0616/00R000 | Flanders | 866 m² | 1 · 187 m² | 8.8 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 494 EUR awarded · 494 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 242 EUR | 242 EUR |
| 2022 | 1 | 252 EUR | 252 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 266 companies in sector 46474 we hold annual accounts for 180. 80 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-06-2019
Fiscal year end30-06
Activities, NACEBEL
46474Wholesale trade
43211General electrical installation work
47552Retail sale of lighting equipment
47592Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.