LIGHTYEAR
ActiveSummary
LIGHTYEAR has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-15k) and a net result of €2k. Equity is shrinking by ~31.8% per year across the filed fiscal years. Its solvency ranks better than 11% of 2003 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▲+66
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.38 against 0.22 in 2024; short-term debt: 86.6% and cash: 24% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% 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 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
-31.5%
Return on assets
4.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 2003 sector peers (2025).
NBB · sector comparisonPosition among 2003 sector peers
Solvency
better than 11%
← weakest
strongest →
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
14 d early
2023
14 d early
2022
38 d early
2021
31 d early
2020
31 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€112k
EBIT margin
1.1%
Net result
€2k
2024 · €-14k
2018: €14khighest in 8 years
2019: €1k▼ -92.7% vs 2018
2020: €6k▲ +528% vs 2019
2021: €298▼ -95.4% vs 2020
2022: €-58k▼ -19483% vs 2021lowest in 8 years
2023: €-26k▲ +55.2% vs 2022
2024: €-14k▲ +44.6% vs 2023
2025: €2k▲ +116% vs 2024
2018 → 2025
Working capital
€-26k▲ 19.6%
2024 · €-33k
2018: €72k
2019: €63k▼ -12.8% vs 2018
2020: €73k▲ +15.8% vs 2019highest in 8 years
2021: €72k▼ -1.4% vs 2020
2022: €3k▼ -95.4% vs 2021
2023: €-22k▼ -787% vs 2022
2024: €-33k▼ -45.6% vs 2023lowest in 8 years
2025: €-26k▲ +19.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€112k-
Equity€80k-€23k▼ 71.9%€-3k€-18k▼ 431%€-15k▲ 13.3%
2021: €80khighest in 5 years
2022: €23k▼ -71.9% vs 2021
2023: €-3k▼ -115% vs 2022
2024: €-18k▼ -431% vs 2023lowest in 5 years
2025: €-15k▲ +13.3% vs 2024
Operating result€1k-€-56k€-22k▲ 60.2%€-11k▲ 50.4%€5k
2021: €1k
2022: €-56k▼ -4683% vs 2021lowest in 5 years
2023: €-22k▲ +60.2% vs 2022
2024: €-11k▲ +50.4% vs 2023
2025: €5k▲ +146% vs 2024highest in 5 years
Net result€298-€-58k€-26k▲ 55.2%€-14k▲ 44.6%€2k
2021: €298
2022: €-58k▼ -19483% vs 2021lowest in 5 years
2023: €-26k▲ +55.2% vs 2022
2024: €-14k▲ +44.6% vs 2023
2025: €2k▲ +116% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €5k after a loss of €11k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €49k
Fixed assets
€33k ▼ 29.1%
Current assets
€16k ▲ 74.6%
Key figures and ratios
EBITDA
€19k▲
2024 · €3k
Cash flow
€16k▲
2024 · €-10
Solvency
-31.5%▲
2024 · -32.0%
Current ratio
0.38▲
2024 · 0.22
Debt to equity
-4.18▼
2024 · -4.13
ROA
4.8%▲
2024 · -25.9%
Interest coverage
7.02▲
2024 · 1.03
Debt
€64k▼
2024 · €73k
Debt ≤ 1 year
€42k▲
2024 · €42k
Debt > 1 year
€21k▼
2024 · €31k
Income taxes
€141▲
2024 · €140
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€55k€49k▼
Fixed assets21/28€46k€33k▼
Tangible fixed assets22/27€46k€33k▼
Furniture and vehicles24€24k€14k▼
Other tangible fixed assets26€22k€18k▼
Current assets29/58€9k€16k▲
Amounts receivable within one year40/41€7k€4k▼
Trade receivables40€7k€4k▼
Cash at bank and in hand54/58€3k€12k▲
Deferred charges and accrued income490/1€56€58▲
Equity and liabilities
Total equity and liabilities10/49€55k€49k▼
Equity10/15€-18k€-15k▲
Contributions10/11€12k€12k=
Reserves13€6k€6k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€-36k€-34k▲
Amounts payable17/49€73k€64k▼
Amounts payable after more than one year17€31k€21k▼
Financial debts170/4€31k€21k▼
Amounts payable within one year42/48€42k€42k▲
Current portion of amounts payable after more than one year42€10k€9k▼
Financial debts43€6k€0▼
Credit institutions430/8€6k€0▼
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Advances received on contracts in progress46€2k€1k▼
Taxes, remuneration and social security45€3k€4k▲
Taxes450/3€3k€3k▼
Remuneration and social security454/9-€1k
Other amounts payable47/48€18k€22k▲
Accrued charges and deferred income492/3€387€470▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€13k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€5k€21k▲
Operating profit (loss)9901€-11k€5k▲
Financial income75/76B€26€87▲
Recurring financial income75€26€87▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€-14k€2k▲
Income taxes67/77€140€141▲
Profit (loss) for the period9904€-14k€2k▲
Profit (loss) for the period to be appropriated9905€-14k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-36k€-34k▲
Profit (loss) brought forward from the previous period14P€-22k€-36k▼
Transfer from equity791/2€0-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €112k | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €106k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €8k | €14k | €14k | €13k | ▼ 6.2% |
| Other operating charges640/8 | €2k | €2k | €2k | €2k | €3k | ▲ 37.3% |
| Gross operating margin9900 | €10k | €-46k | €-7k | €5k | €21k | ▲ 309% |
| Operating profit (loss)9901 | €1k | €-56k | €-22k | €-11k | €5k | ▲ 146% |
| Financial income75/76B | €1k | €842 | €260 | €26 | €87 | ▲ 235% |
| Recurring financial income75 | €1k | €842 | €260 | €26 | €87 | ▲ 235% |
| Financial charges65/66B | €1k | €2k | €4k | €3k | €3k | ▼ 16.7% |
| Recurring financial charges65 | €1k | €2k | €4k | €3k | €3k | ▼ 16.7% |
| Profit (loss) for the period before taxes9903 | €952 | €-58k | €-26k | €-14k | €2k | ▲ 118% |
| Income taxes67/77 | €654 | €124 | €132 | €140 | €141 | ▲ 0.6% |
| Profit (loss) for the period9904 | €298 | €-58k | €-26k | €-14k | €2k | ▲ 116% |
| Profit (loss) for the period to be appropriated9905 | €298 | €-58k | €-26k | €-14k | €2k | ▲ 116% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €112k | €97k | €75k | €55k | €49k | ▼ 12.1% |
| Fixed assets21/28 | €27k | €70k | €61k | €46k | €33k | ▼ 29.1% |
| Tangible fixed assets22/27 | €27k | €70k | €61k | €46k | €33k | ▼ 29.1% |
| Plant, machinery and equipment23 | €2k | - | - | - | - | - |
| Furniture and vehicles24 | €4k | €40k | €34k | €24k | €14k | ▼ 39.9% |
| Other tangible fixed assets26 | €22k | €30k | €26k | €22k | €18k | ▼ 17.6% |
| Current assets29/58 | €85k | €26k | €15k | €9k | €16k | ▲ 74.6% |
| Amounts receivable after more than one year29 | €50k | €24k | - | - | - | - |
| Other amounts receivable291 | €50k | €24k | - | - | - | - |
| Amounts receivable within one year40/41 | €33k | €2k | €12k | €7k | €4k | ▼ 36.8% |
| Trade receivables40 | €20k | €1k | €12k | €7k | €4k | ▼ 36.8% |
| Other amounts receivable41 | €13k | €1k | - | - | - | - |
| Cash at bank and in hand54/58 | €2k | €72 | €3k | €3k | €12k | ▲ 365% |
| Deferred charges and accrued income490/1 | €443 | €45 | - | €56 | €58 | ▲ 3.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €112k | €97k | €75k | €55k | €49k | ▼ 12.1% |
| Equity10/15 | €80k | €23k | €-3k | €-18k | €-15k | ▲ 13.3% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €33k | €10k | €6k | €6k | €6k | = |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €31k | €8k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €35k | - | €-22k | €-36k | €-34k | ▲ 6.5% |
| Amounts payable17/49 | €32k | €74k | €79k | €73k | €64k | ▼ 12.4% |
| Amounts payable after more than one year17 | €19k | €51k | €41k | €31k | €21k | ▼ 30.7% |
| Financial debts170/4 | €19k | €51k | €41k | €31k | €21k | ▼ 30.7% |
| Amounts payable within one year42/48 | €13k | €23k | €37k | €42k | €42k | ▲ 0.9% |
| Current portion of amounts payable after more than one year42 | €4k | €10k | €10k | €10k | €9k | ▼ 7.2% |
| Financial debts43 | €3k | €9k | - | €6k | €0 | ▼ 100% |
| Credit institutions430/8 | €3k | €9k | - | €6k | €0 | ▼ 100% |
| Trade debts44 | €3k | €1k | €9k | €4k | €6k | ▲ 70.4% |
| Suppliers440/4 | €3k | €1k | €9k | €4k | €6k | ▲ 70.4% |
| Advances received on contracts in progress46 | - | €338 | €2k | €2k | €1k | ▼ 35.9% |
| Taxes, remuneration and social security45 | €3k | €1k | €7k | €3k | €4k | ▲ 29.5% |
| Taxes450/3 | €3k | €1k | €7k | €3k | €3k | ▼ 4.5% |
| Remuneration and social security454/9 | - | - | - | - | €1k | - |
| Other amounts payable47/48 | - | €1k | €10k | €18k | €22k | ▲ 23.1% |
| Accrued charges and deferred income492/3 | - | - | €384 | €387 | €470 | ▲ 21.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €298 | €-58k | €-26k | €-14k | €2k | ▲ 116% |
| + Depreciation and write-downs630 | €7k | €8k | €14k | €14k | €13k | ▼ 6.2% |
| Operating cash flow (approximation) | €7k | €-50k | €-12k | €-10 | €16k | ▲ 159,839% |
| Investment in fixed assets (approximation) | - | €-51k | €-4k | €0 | €0 | - |
| Change in cash | - | €-2k | €2k | €2 | €9k | ▲ 411,584% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-58k
Net result drops to €-58k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 9.31
Current ratio from 4.50 to 9.31; short-term debt falls from €18k to €9k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Herentals · 1 establishment unit since 2001
Ground area
190 m²
Building footprint
82 m²
Volume, LiDAR
654 m³
Parcel 13011E0376/00R003, Flanders · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HomeMade Productions
since 20012.116.466.358
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13011E0376/00R003 | Flanders | 190 m² | 1 · 81 m² | 10.5 m · 3 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.
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Of 3,393 companies in sector 90393 we hold annual accounts for 939. 648 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
Founded26-10-2001
Fiscal year end31-12
Activities, NACEBEL 2025
90393Specialised image, lighting and sound technical services
Scores and ratios are computed by Checked and are not a credit decision.