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LIGHTSHAPE

Active
Private limited companyfounded 200719 yrs activeZijlaan 53, 1180 Ukkel, BelgiumKBO/BCE: BE 0888.967.386
Summary

LIGHTSHAPE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €22,355 and a net result of €7,089. Equity is growing by ~61% per year across the filed fiscal years. Its solvency ranks better than 56% of 9521 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability70▼-30
Solvency82▲+21
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 2.15 against 1.55 in 2023; short-term debt: 43.1% and cash: 49.2% of total assets), and 43.1% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 19 years 0 20 y
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 2024
Solvency, return and age of the figures
Solvency
56.9%
Return on assets
18%
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 19-06-2025, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
42 d early
2023
40 d early
2022
33 d early
2021
31 d early
2020
12 d late
2019
33 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 17 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

LIGHTSHAPE was incorporated on 24 April 2007.1 Total assets rose from EUR 13,928 in 2018 to EUR 39,288 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€22,355▲ 46.4%
2023 · €15,266
Total assets
€39,288▼ 6.5%
2023 · €42,020
Net result
€7,089▼ 40.9%
2023 · €11,991
Working capital
€19,454▲ 32.0%
2023 · €14,733
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€16,536▲ 1,374%€23,785▲ 43.8%€37,807▲ 59.0%€15,173▼ 59.9%€13,037▼ 14.1%
Net result€16,966▲ 9,786%€23,623▲ 39.2%€33,877▲ 43.4%€11,991▼ 64.6%€7,089▼ 40.9%
Equity-€54,226▲ 23.8%-€30,602▲ 43.6%€3,275€15,266▲ 366%€22,355▲ 46.4%
Total assets€17,442▲ 11.7%€15,293▼ 12.3%€29,103▲ 90.3%€42,020▲ 44.4%€39,288▼ 6.5%
Debt€71,668▼ 17.4%€45,895▼ 36.0%€25,828▼ 43.7%€26,754▲ 3.6%€16,933▼ 36.7%
Working capital-€55,973▲ 22.1%-€31,859▲ 43.1%€2,380€14,733▲ 519%€19,454▲ 32.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000€40,000Operating result 2020: €16,536€16,536Net result 2020: €16,966€16,966Operating result 2021: €23,785€23,785Net result 2021: €23,623€23,623Operating result 2022: €37,807€37,807Net result 2022: €33,877€33,877Operating result 2023: €15,173€15,173Net result 2023: €11,991€11,991Operating result 2024: €13,037€13,037Net result 2024: €7,089€7,08920202021202220232024€0€10,000€20,000€30,000€40,000Operating result 2022: €37,807€37,800Net result 2022: €33,877€33,900Operating result 2023: €15,173€15,200Net result 2023: €11,991€12,000Operating result 2024: €13,037€13,000Net result 2024: €7,089€7,090202220232024
The operating result has fallen two years in a row; 2024 is 14% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €39,288
Fixed assets €2,901 ▲ 443%
Current assets €36,387 ▼ 12.3%
Equity and liabilities €39,288
Equity €22,355 ▲ 46.4%
Debt €16,933 ▼ 36.7%
Debt's share of the balance-sheet total falls from 63.7% to 43.1%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€14,409▼
2023 · €15,535
Cash flow
€8,460▼
2023 · €12,353
Current ratio
2.15▲
2023 · 1.55
Debt to equity
0.76▼
2023 · 1.75
ROE
31.7%▼
2023 · 78.5%
ROA
18.0%▼
2023 · 28.5%
Interest coverage
3.46▼
2023 · 32.30
Debt ≤ 1 year
€16,933▼
2023 · €26,754
Income taxes
€2,757▼
2023 · €3,645
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€42,020€39,288▼
Fixed assets21/28€534€2,901▲
Tangible fixed assets22/27€313€2,680▲
Furniture and vehicles24€313€2,680▲
Financial fixed assets28€220€220=
Current assets29/58€41,487€36,387▼
Amounts receivable within one year40/41€37,301€16,358▼
Trade receivables40€18,501€1,469▼
Other amounts receivable41€18,800€14,889▼
Cash at bank and in hand54/58€3,349€19,320▲
Deferred charges and accrued income490/1€837€708▼
Equity and liabilities
Total equity and liabilities10/49€42,020€39,288▼
Equity10/15€15,266€22,355▲
Contributions10/11€14,260€14,260=
Profit (loss) carried forward14€1,006€8,095▲
Amounts payable17/49€26,754€16,933▼
Amounts payable within one year42/48€26,754€16,933▼
Trade debts44€11,956€1,090▼
Suppliers440/4€11,956€1,090▼
Taxes, remuneration and social security45€14,798€15,844▲
Taxes450/3€14,798€11,265▼
Remuneration and social security454/9-€4,579
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€362€1,371▲
Other operating charges640/8€1,774€387▼
Gross operating margin9900€17,309€14,796▼
Operating profit (loss)9901€15,173€13,037▼
Financial income75/76B€944€970▲
Recurring financial income75€944€970▲
Financial charges65/66B€481€4,162▲
Recurring financial charges65€481€4,162▲
Profit (loss) for the period before taxes9903€15,636€9,846▼
Income taxes67/77€3,645€2,757▼
Profit (loss) for the period9904€11,991€7,089▼
Profit (loss) for the period to be appropriated9905€11,991€7,089▼
Appropriation of the result
Profit (loss) to be appropriated9906€1,006€8,095▲
Profit (loss) brought forward from the previous period14P-€10,985€1,006▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€350€491€362€362€1,371▲ 279%
Other operating charges640/8-€689€406€1,774€387▼ 78.2%
Gross operating margin9900€17,233€24,965€38,575€17,309€14,796▼ 14.5%
Operating profit (loss)9901€16,536€23,785€37,807€15,173€13,037▼ 14.1%
Financial income75/76B--€1,989€944€970▲ 2.8%
Recurring financial income75€608-€1,989€944€970▲ 2.8%
Financial charges65/66B-€162€107€481€4,162▲ 765%
Recurring financial charges65€178€162€107€481€4,162▲ 765%
Profit (loss) for the period before taxes9903€16,966€23,623€39,689€15,636€9,846▼ 37.0%
Income taxes67/77--€5,812€3,645€2,757▼ 24.3%
Profit (loss) for the period9904€16,966€23,623€33,877€11,991€7,089▼ 40.9%
Profit (loss) for the period to be appropriated9905€16,966€23,623€33,877€11,991€7,089▼ 40.9%
Line20202021202220232024Change
Assets
Total assets20/58€17,442€15,293€29,103€42,020€39,288▼ 6.5%
Fixed assets21/28€1,748€1,257€895€534€2,901▲ 443%
Tangible fixed assets22/27€1,527€1,037€675€313€2,680▲ 755%
Furniture and vehicles24-€1,037€675€313€2,680▲ 755%
Financial fixed assets28€220€220€220€220€220=
Current assets29/58€15,695€14,036€28,208€41,487€36,387▼ 12.3%
Amounts receivable within one year40/41€4,405€13,264€25,534€37,301€16,358▼ 56.1%
Trade receivables40-€13,249€8,470€18,501€1,469▼ 92.1%
Other amounts receivable41-€15€17,064€18,800€14,889▼ 20.8%
Cash at bank and in hand54/58€10,697€547€1,819€3,349€19,320▲ 477%
Deferred charges and accrued income490/1-€225€855€837€708▼ 15.4%
Equity and liabilities
Total equity and liabilities10/49€17,442€15,293€29,103€42,020€39,288▼ 6.5%
Equity10/15-€54,226-€30,602€3,275€15,266€22,355▲ 46.4%
Contributions10/11-€14,260€14,260€14,260€14,260=
Outside capital11-€14,260€14,260---
Other1109/19-€14,260€14,260---
Profit (loss) carried forward14-€68,486-€44,862-€10,985€1,006€8,095▲ 704%
Amounts payable17/49€71,668€45,895€25,828€26,754€16,933▼ 36.7%
Amounts payable within one year42/48€71,668€45,895€25,828€26,754€16,933▼ 36.7%
Trade debts44€1,618€666€6,277€11,956€1,090▼ 90.9%
Suppliers440/4-€666€6,277€11,956€1,090▼ 90.9%
Taxes, remuneration and social security45-€4,588€19,551€14,798€15,844▲ 7.1%
Taxes450/3-€1,776€19,551€14,798€11,265▼ 23.9%
Remuneration and social security454/9-€2,812--€4,579-
Other amounts payable47/48-€40,641----
Line20202021202220232024Change
Profit (loss) for the period9904€16,966€23,623€33,877€11,991€7,089▼ 40.9%
+ Depreciation and write-downs630€350€491€362€362€1,371▲ 279%
Operating cash flow (approximation)€17,315€24,114€34,239€12,353€8,460▼ 31.5%
Investment in fixed assets (approximation)-€0€0€0-€3,739-
Change in cash--€10,151€1,272€1,530€15,972▲ 944%

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

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Timeline · acts, filings and financial milestones

2025
19-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €33,877 ▲43.4%
Operating result €37,807, net result €33,877, both a record.
31-12
Financial Liquidity quadruplescurrent ratio 1.09
Current ratio from 0.31 to 1.09; short-term debt falls from €45,895 to €25,828.
30-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
12-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
02-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 33 days late
2019
31-12
Financial Weakest financial yearnet €172 ▼96.8%
Net result drops to €172, the lowest in the series; recovery starts the following year.
26-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
24-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
26-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 26 days late
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, Ukkel · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
1,432 m²
Building footprint
163 m²
Volume, LiDAR
958 m³
Parcel 21612D0340/00A007, Brussels · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
LIGHTSHAPE
Zijlaan 53, 1180 UkkelRaising of dairy cattle
since 20072.163.455.435
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21612D0340/00A007 Brussels 1,432 m² 1 · 163 m² 9.0 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.

Similar companies · same sector, comparable size

Of 11,220 companies in sector 82100 we hold annual accounts for 3,511. 2,325 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded24-04-2007
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
82100Office administrative and support services
46496Wholesale trade
47639Retail sale of other sporting goods
85510Sports and recreation education

Scores and ratios are computed by Checked and are not a credit decision.