Ligoro
ActiveLigoro has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48k and a net result of €12k. Equity is growing by ~28.8% per year across the filed fiscal years. Its solvency ranks better than 34% of 31545 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
83
/ 100
Excellent▼ -11 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency77▼-14
Growth52▼-26
Stability94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 3.92 against 4.91 in 2024), but 64.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35.1%
Return on assets
9.1%
Age of the figures
9 mo
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 09-07-2026, 22 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
22 d early
2024
21 d early
2023
40 d early
2022
26 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€48k▼ 32.5%
2024 · €71k
2022: €26k
2023: €46k
2024: €71k
2022 → 2025
Total assets
€135k▼ 12.1%
2024 · €154k
2022: €108k
2023: €137k
2024: €154k
2022 → 2025
Net result
€12k▼ 53.1%
2024 · €26k
2022: €26k
2023: €22k
2024: €26k
2022 → 2025
Working capital
€67k▼ 8.0%
2024 · €73k
2022: €89k
2023: €31k
2024: €73k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€26k-€46k▲ 75.5%€71k▲ 53.3%€48k▼ 32.5%
Operating result€33k-€31k▼ 7.2%€38k▲ 22.7%€22k▼ 43.6%
Net result€26k-€22k▼ 14.5%€26k▲ 19.5%€12k▼ 53.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 44% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €135k
Fixed assets
€46k▼ 27.2%
Current assets
€90k▼ 1.7%
Equity and liabilities €135k
Equity
€48k▼ 32.5%
Debt
€88k▲ 5.2%
The debt ratio rises from 54.2% to 64.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€40k▼
2024 · €56k
Cash flow
€30k▼
2024 · €44k
Solvency
35.1%▼
2024 · 45.8%
Current ratio
3.92▼
2024 · 4.91
Quick ratio
3.92▼
2024 · 4.91
Debt / equity
1.85▲
2024 · 1.18
ROE
25.9%▼
2024 · 37.3%
ROA
9.1%▼
2024 · 17.1%
Interest coverage
7.91▼
2024 · 14.82
Debt
€88k▲
2024 · €84k
Debt ≤ 1 year
€23k▲
2024 · €19k
Debt > 1 year
€65k=
2024 · €65k
Income taxes
€4k▼
2024 · €8k
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€154k€135k▼
Fixed assets21/28€63k€46k▼
Tangible fixed assets22/27€63k€46k▼
Plant, machinery and equipment23€18k€13k▼
Furniture and vehicles24€45k€33k▼
Current assets29/58€91k€90k▼
Amounts receivable within one year40/41€0-
Trade receivables40€0-
Current investments50/53€0€2k▲
Cash at bank and in hand54/58€90k€83k▼
Deferred charges and accrued income490/1€1k€5k▲
Equity and liabilities
Total equity and liabilities10/49€154k€135k▼
Equity10/15€71k€48k▼
Contributions10/11€3k€3k=
Reserves13€68k€45k▼
Distributable reserves133€68k€45k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€84k€88k▲
Amounts payable after more than one year17€65k€65k=
Financial debts170/4€65k€65k=
Amounts payable within one year42/48€19k€23k▲
Financial debts43€0€278▲
Credit institutions430/8€0€278▲
Trade debts44€1k€10k▲
Suppliers440/4€1k€10k▲
Taxes, remuneration and social security45€14k€5k▼
Taxes450/3€14k€5k▼
Other amounts payable47/48€3k€7k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€18k▼
Other operating charges640/8€898€1k▲
Gross operating margin9900€57k€41k▼
Operating profit (loss)9901€38k€22k▼
Financial income75/76B€93€260▲
Recurring financial income75€93€260▲
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€34k€17k▼
Income taxes67/77€8k€4k▼
Profit (loss) for the period9904€26k€12k▼
Profit (loss) for the period to be appropriated9905€26k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€12k▼
Transfer from equity791/2-€35k
Transfer to equity691/2€25k€12k▼
To other reserves6921€25k€12k▼
Profit to be distributed694/7€2k€35k▲
Return on contributions (dividend)694€2k€35k▲
The notes to these accounts (6 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
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €12k ▼53.1%
Net result drops to €12k, the lowest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €26k ▲19.5%
Operating result €38k, net result €26k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 4.91
Current ratio from 2.19 to 4.91; short-term debt falls from €26k to €19k.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · 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-Katelijne-Waver · 1 establishment unit since 2022
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.
Vermeulenstraat 192860 Sint-Katelijne-WaverGround area
1,334 m²
Building footprint
144 m²
Volume, LiDAR
414 m³
Parcel 12422D0828/00R002, Flanders · tallest building 15.8 m. Linked by address, not a title deed.
1 establishment unit
Ligoro
since 20222.326.750.183
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12422D0828/00R002 | Flanders | 1,334 m² | 1 · 144 m² | 15.8 m |
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 2024 · 2 entries · 2,169 EUR awarded · 2,169 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,989 EUR | 1,989 EUR |
| 2022 | 1 | 180 EUR | 180 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,241 companies in sector 70200 we hold annual accounts for 52,391. 37,771 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-01-2022
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
43240Other construction installation
43299Specialised construction activities
47400Retail sale of information and communication equipment
47410Retail trade
56210Event catering
58110Book publishing
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.ligoro.be
E-mail:Kristien@ligoro.be