LIKA
ActiveSummary
LIKA has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €75,992 and a net result of -€311,179. Equity is shrinking by ~11.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2022
Profitability0▼-50
Solvency34▼-43
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity short (current ratio 0.5 against 0.38 in 2022; short-term debt: 30.4% and cash: 13.3% of total assets), and 90.5% 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
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 2024Solvency, return and age of the figures
Solvency
9.5%
Return on assets
-38.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2022
87 d late
2020
60 d late
2019
89 d late
2018
29 d late
2017
189 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 86 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€75,992▼ 89.6%
2022 · €731,816
Total assets
€802,988▼ 42.7%
2022 · €1.4m
Net result
-€311,179▲ 8.3%
2022 · -€339,473
Working capital
-€122,765▼ 6.3%
2022 · -€115,446
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
Line20182019202020222024
Operating result-€28,953-€153,908-€445,580-€339,338--€311,151-
Net result-€33,663-€140,868-€445,580-€339,473--€311,179-
Equity€772,898-€913,766▲ 18.2%€1.5m▲ 63.6%€731,816-€75,992-
Total assets€931,546-€947,347▲ 1.7%€2.2m▲ 133%€1.4m-€802,988-
Debt€152,904-€16,200▼ 89.4%€698,750▲ 4,213%€657,055-€715,360-
Working capital-€46,780-€449,722-€8,573-€115,446--€122,765-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is -€311,151 in 2024, compared with -€339,338 in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €802,988
Fixed assets
€681,826 ▼ 48.7%
Current assets
€121,161 ▲ 72.7%
Equity and liabilities €802,988
Equity
€75,992 ▼ 89.6%
Provisions
€11,636 =
Debt
€715,360 ▲ 8.9%
Debt's share of the balance-sheet total rises from 46.9% to 89.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€18,639▼
2022 · €16,655
Cash flow
-€18,668▼
2022 · €16,520
Current ratio
0.50▲
2022 · 0.38
Debt to equity
9.41▲
2022 · 0.90
ROE
-409.5%▼
2022 · -46.4%
ROA
-38.8%▼
2022 · -24.2%
Interest coverage
-654.00▼
2022 · 123.37
Debt ≤ 1 year
€243,927▲
2022 · €185,622
Debt > 1 year
€471,433=
2022 · €471,433
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 175 companies that looked in July 2024 the way this one looks now, 5.7% went bankrupt within 24 months and 85% are still going.
- Small
- 20 years or older
- solvency under 10%
- a loss of 10% of the balance sheet or more
5.7%
went bankrupt
8.6%
stopped otherwise
85%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 175 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €355,993 | €355,993 | €292,512 | - |
| Other operating charges640/8 | - | - | €41,173 | €62 | €62 | - |
| Gross operating margin9900 | -€27,098 | €163,012 | -€48,414 | €16,717 | -€18,577 | - |
| Operating profit (loss)9901 | -€28,953 | €153,908 | -€445,580 | -€339,338 | -€311,151 | - |
| Financial charges65/66B | - | - | - | €135 | €29 | - |
| Recurring financial charges65 | €4,710 | €1,404 | - | €135 | €29 | - |
| Profit (loss) for the period before taxes9903 | -€33,663 | €152,504 | -€445,580 | -€339,473 | -€311,179 | - |
| Profit (loss) for the period9904 | -€33,663 | €140,868 | -€445,580 | -€339,473 | -€311,179 | - |
| Profit (loss) for the period to be appropriated9905 | -€33,663 | €113,165 | -€445,580 | -€339,473 | -€311,179 | - |
| Line | 2018 | 2019 | 2020 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €931,546 | €947,347 | €2.2m | €1.4m | €802,988 | - |
| Fixed assets21/28 | €891,000 | €481,424 | €2.0m | €1.3m | €681,826 | - |
| Tangible fixed assets22/27 | €891,000 | €481,424 | €2.0m | €1.3m | €681,826 | - |
| Land and buildings22 | - | - | €2.0m | €1.3m | €666,599 | - |
| Furniture and vehicles24 | - | - | €15,227 | €15,227 | €15,227 | - |
| Financial fixed assets28 | - | - | €7,362 | - | - | - |
| Current assets29/58 | €40,546 | €465,922 | €161,744 | €70,176 | €121,161 | - |
| Amounts receivable within one year40/41 | €39,927 | €143,855 | €6,196 | €56,819 | €14,543 | - |
| Other amounts receivable41 | - | - | €6,196 | €56,819 | €14,543 | - |
| Cash at bank and in hand54/58 | €619 | €322,067 | €155,548 | €13,357 | €106,618 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €931,546 | €947,347 | €2.2m | €1.4m | €802,988 | - |
| Equity10/15 | €772,898 | €913,766 | €1.5m | €731,816 | €75,992 | - |
| Contributions10/11 | €898,614 | €898,614 | €1.9m | €1.9m | €1.9m | - |
| Capital10 | - | - | €1.9m | €1.9m | €1.9m | - |
| Issued capital100 | - | - | €1.9m | €1.9m | €1.9m | - |
| Reserves13 | - | €27,703 | €30,801 | €30,801 | €30,801 | - |
| Non-distributable reserves130/1 | - | - | €3,099 | €3,099 | €3,099 | - |
| Legal reserve130 | - | - | €3,099 | €3,099 | €3,099 | - |
| Tax-exempt reserves132 | - | - | €27,702 | €27,703 | €27,703 | - |
| Profit (loss) carried forward14 | -€125,716 | -€12,551 | -€495,038 | -€1.2m | -€1.9m | - |
| Investment grants15 | - | - | €38,356 | - | - | - |
| Provisions and deferred taxes16 | €5,744 | €17,380 | €17,380 | €11,636 | €11,636 | - |
| Provisions for liabilities and charges160/5 | - | - | €5,744 | - | - | - |
| Other liabilities and charges164/5 | - | - | €5,744 | - | - | - |
| Deferred taxes168 | - | - | €11,636 | €11,636 | €11,636 | - |
| Amounts payable17/49 | €152,904 | €16,200 | €698,750 | €657,055 | €715,360 | - |
| Amounts payable after more than one year17 | €65,446 | - | €528,433 | €471,433 | €471,433 | - |
| Other amounts payable178/9 | - | - | €528,433 | €471,433 | €471,433 | - |
| Amounts payable within one year42/48 | €87,326 | €16,200 | €170,317 | €185,622 | €243,927 | - |
| Trade debts44 | - | - | €13,421 | €16,026 | €35,208 | - |
| Suppliers440/4 | - | - | €13,421 | €16,026 | €35,208 | - |
| Other amounts payable47/48 | - | - | €156,896 | €169,596 | €208,718 | - |
| Line | 2018 | 2019 | 2020 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€33,663 | €140,868 | -€445,580 | -€339,473 | -€311,179 | - |
| + Depreciation and write-downs630 | - | - | €355,993 | €355,993 | €292,512 | - |
| Operating cash flow (approximation) | -€33,663 | €140,868 | -€89,587 | €16,520 | -€18,668 | - |
| Investment in fixed assets (approximation) | - | €409,576 | -€1.9m | - | - | - |
| Change in cash | - | €321,448 | -€166,519 | - | - | - |
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
2026
11-09
State Gazette act
Reappointments: Linda Reuten (director) and Karin Reuten (director)Appointments: Linda Reuten (managing director) and Karin Reuten (managing director) · Declaration · Registered-office move11 facts ▸
State Gazette act
Reappointments: Linda Reuten (director) and Karin Reuten (director)
Appointments: Linda Reuten (managing director) and Karin Reuten (managing director) · Declaration · Registered-office move11 facts ▸
- General meeting, 18-05-2026
- Director reappointment, Linda Reuten (director)
- Director reappointment, Karin Reuten (director)
- Declaration, aanvaarding herbenoeming en afwezigheid van onverenigbaarheid of bestuursverbod
- Declaration, aanvaarding herbenoeming en afwezigheid van onverenigbaarheid of bestuursverbod
- Board meeting, 18-05-2026
- Registered-office move, Rooshaagenweg 37, 3630 Maasmechelen
- Director appointment, Linda Reuten (managing director)
- Director appointment, Karin Reuten (managing director)
- Declaration, aanvaarding aanstelling als gedelegeerd bestuurder
- Declaration, aanvaarding aanstelling als gedelegeerd bestuurder
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 87 days late
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
31-12
Financial
Weakest financial yearnet -€445,580
Net result drops to -€445,580, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €1mEq €1.5m ▲63.6%
Equity rises from €913,766 to €1.5m.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
31-12
Financial
Back to profitnet €140,868
Net result €140,868 after one loss-making year.
31-12
Financial
Liquidity times 62current ratio 28.76
Current ratio from 0.46 to 28.76; short-term debt falls from €87,326 to €16,200.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
05-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 189 days late
2018
24-04
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 267 days late
Show earlier events
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
2015
13-11
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 105 days late
2014
21-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 21 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, 2 in day-to-day management, last change in 2026
Board 2
Karin Reuten
CurrentDirector · since 18-05-2026
Linda Reuten
CurrentDirector · since 18-05-2026
Day-to-day management 2
Karin Reuten
CurrentManaging director · since 18-05-2026
Linda Reuten
CurrentManaging director · since 18-05-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Maasmechelen
Ground area
2,135 m²
Building footprint
511 m²
Volume, LiDAR
1,829 m³
Parcel 73048C0145/00F000, Flanders · tallest building 13.4 m, ±1 floor. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73048C0145/00F000 | Flanders | 2,135 m² | 1 · 511 m² | 13.4 m · 1 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.
Mandate history
2 people since 2026, 2 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Karin Reuten |
|
| Linda Reuten |
|
Articles of association
Board rule
Duur aanstelling gedelegeerde bestuurder, duur van zijn of haar bestuursmandaat
1 more provision on this in the deed
Other statement
One provision in the deed
Structure & network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Identification & contact
Identification
Legal formPublic limited company
Founded12-04-1983
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0424356291
Also
9925:BE0424356291
Registered
30-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.