LIONS
ActiveSummary
The computed 12-month bankruptcy probability of LIONS is 1.8% (moderate). The 2025 annual accounts show equity of €1k and a net result of €7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 7500 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency33▲+22
Growth58=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 7500 sector peers (2025).
NBB · sector comparisonPosition among 7500 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 8 filingsDeviation from the deadline
2025
30 d late
2024
31 d late
2023
13 d late
2022
60 d late
2021
81 d late
2020
61 d late
2019
27 d late
← 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
Equity
€1k
2024 · €-5k
2018: €4khighest in 8 years
2019: €2k▼ -60.3% vs 2018
2020: €-2k▼ -226% vs 2019
2021: €-10k▼ -387% vs 2020lowest in 8 years
2022: €3k▲ +132% vs 2021
2023: €2k▼ -51.2% vs 2022
2024: €-5k▼ -445% vs 2023
2025: €1k▲ +120% vs 2024
2018 → 2025
Total assets
€13k▼ 67.3%
2024 · €40k
2018: €14k
2019: €8k▼ -43.5% vs 2018lowest in 8 years
2020: €22k▲ +189% vs 2019
2021: €30k▲ +34.6% vs 2020
2022: €11k▼ -63.8% vs 2021
2023: €12k▲ +13.8% vs 2022
2024: €40k▲ +222% vs 2023highest in 8 years
2025: €13k▼ -67.3% vs 2024
2018 → 2025
Net result
€7k
2024 · €-7k
2018: €-14klowest in 8 years
2019: €-3k▲ +82.7% vs 2018
2020: €-4k▼ -49.3% vs 2019
2021: €-8k▼ -116% vs 2020
2022: €13k▲ +266% vs 2021highest in 8 years
2023: €-2k▼ -112% vs 2022
2024: €-7k▼ -323% vs 2023
2025: €7k▲ +193% vs 2024
2018 → 2025
Working capital
€1k▼ 95.6%
2024 · €24k
2018: €921
2019: €552▼ -40.1% vs 2018
2020: €-14k▼ -2560% vs 2019lowest in 8 years
2021: €-8k▲ +42.5% vs 2020
2022: €3k▲ +134% vs 2021
2023: €1k▼ -53.2% vs 2022
2024: €24k▲ +1897% vs 2023highest in 8 years
2025: €1k▼ -95.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-10k-€3k€2k▼ 51.2%€-5k€1k
2021: €-10klowest in 5 years
2022: €3k▲ +132% vs 2021highest in 5 years
2023: €2k▼ -51.2% vs 2022
2024: €-5k▼ -445% vs 2023
2025: €1k▲ +120% vs 2024
Operating result€-7k-€17k€-594€-6k▼ 935%€7k
2021: €-7klowest in 5 years
2022: €17k▲ +324% vs 2021highest in 5 years
2023: €-594▼ -104% vs 2022
2024: €-6k▼ -935% vs 2023
2025: €7k▲ +208% vs 2024
Net result€-8k-€13k€-2k€-7k▼ 323%€7k
2021: €-8klowest in 5 years
2022: €13k▲ +266% vs 2021highest in 5 years
2023: €-2k▼ -112% vs 2022
2024: €-7k▼ -323% vs 2023
2025: €7k▲ +193% vs 2024
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: €7k after a loss of €6k in 2024.
Balance-sheet composition
Equity and liabilities €13k
Equity
€1k
Debt
€12k
Debt finances 91.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€7k▲
2024 · €-6k
Cash flow
€7k▲
2024 · €-7k
Current ratio
1.09▼
2024 · 2.61
Debt to equity
11.02▲
2024 · -8.28
ROE
605.4%
ROA
50.4%▲
2024 · -17.7%
Interest coverage
58.83▲
2024 · -6.61
Debt ≤ 1 year
€12k▼
2024 · €15k
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 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€40k€13k▼
Fixed assets21/28€89€0▼
Tangible fixed assets22/27€89€0▼
Plant, machinery and equipment23€89€0▼
Current assets29/58€40k€13k▼
Amounts receivable within one year40/41€37k€12k▼
Trade receivables40€37k€9k▼
Other amounts receivable41-€3k
Cash at bank and in hand54/58€2k€811▼
Deferred charges and accrued income490/1€478€341▼
Equity and liabilities
Total equity and liabilities10/49€40k€13k▼
Equity10/15€-5k€1k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-24k€-18k▲
Amounts payable17/49€45k€12k▼
Amounts payable within one year42/48€15k€12k▼
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Other amounts payable47/48€10k€10k▼
Accrued charges and deferred income492/3€30k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€266€89▼
Other operating charges640/8€149-
Gross operating margin9900€-6k€7k▲
Operating profit (loss)9901€-6k€7k▲
Financial income75/76B€5€2▼
Recurring financial income75€5€2▼
Financial charges65/66B€890€114▼
Recurring financial charges65€890€114▼
Profit (loss) for the period before taxes9903€-7k€7k▲
Profit (loss) for the period9904€-7k€7k▲
Profit (loss) for the period to be appropriated9905€-7k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-24k€-18k▲
Profit (loss) brought forward from the previous period14P€-17k€-24k▼
The notes to these accounts (5 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €3k | €0 | €13k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €266 | €266 | €266 | €89 | ▼ 66.7% |
| Other operating charges640/8 | €450 | €149 | €223 | €149 | - | - |
| Gross operating margin9900 | €-2k | €17k | €13k | €-6k | €7k | ▲ 217% |
| Operating profit (loss)9901 | €-7k | €17k | €-594 | €-6k | €7k | ▲ 208% |
| Financial income75/76B | €6 | €3 | €15 | €5 | €2 | ▼ 58.7% |
| Recurring financial income75 | €6 | €3 | €15 | €5 | €2 | ▼ 58.7% |
| Financial charges65/66B | €652 | €3k | €1k | €890 | €114 | ▼ 87.1% |
| Recurring financial charges65 | €652 | €3k | €1k | €890 | €114 | ▼ 87.1% |
| Profit (loss) for the period before taxes9903 | €-8k | €13k | €-2k | €-7k | €7k | ▲ 193% |
| Profit (loss) for the period9904 | €-8k | €13k | €-2k | €-7k | €7k | ▲ 193% |
| Profit (loss) for the period to be appropriated9905 | €-8k | €13k | €-2k | €-7k | €7k | ▲ 193% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €30k | €11k | €12k | €40k | €13k | ▼ 67.3% |
| Fixed assets21/28 | €18k | €621 | €355 | €89 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €9k | €621 | €355 | €89 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | €887 | €621 | €355 | €89 | €0 | ▼ 100% |
| Furniture and vehicles24 | €3k | - | - | - | - | - |
| Other tangible fixed assets26 | €6k | - | - | - | - | - |
| Financial fixed assets28 | €8k | - | - | - | - | - |
| Current assets29/58 | €12k | €10k | €12k | €40k | €13k | ▼ 67.3% |
| Stocks and contracts in progress3 | €2k | - | - | - | - | - |
| Stocks30/36 | €2k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €5k | €6k | €10k | €37k | €12k | ▼ 68.4% |
| Trade receivables40 | €3k | €3k | €10k | €37k | €9k | ▼ 76.6% |
| Other amounts receivable41 | €2k | €3k | - | - | €3k | - |
| Cash at bank and in hand54/58 | €5k | €4k | €1k | €2k | €811 | ▼ 53.5% |
| Deferred charges and accrued income490/1 | €434 | €476 | €478 | €478 | €341 | ▼ 28.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €30k | €11k | €12k | €40k | €13k | ▼ 67.3% |
| Equity10/15 | €-10k | €3k | €2k | €-5k | €1k | ▲ 120% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €-29k | €-15k | €-17k | €-24k | €-18k | ▲ 27.2% |
| Amounts payable17/49 | €40k | €8k | €11k | €45k | €12k | ▼ 73.7% |
| Amounts payable within one year42/48 | €20k | €8k | €11k | €15k | €12k | ▼ 21.6% |
| Trade debts44 | €12k | €3k | €6k | €2k | €2k | ▼ 26.4% |
| Suppliers440/4 | €12k | €3k | €6k | €2k | €2k | ▼ 26.4% |
| Taxes, remuneration and social security45 | - | - | €58 | €2k | - | - |
| Taxes450/3 | - | - | €58 | €2k | - | - |
| Other amounts payable47/48 | €7k | €4k | €5k | €10k | €10k | ▼ 2.5% |
| Accrued charges and deferred income492/3 | €20k | €0 | - | €30k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-8k | €13k | €-2k | €-7k | €7k | ▲ 193% |
| + Depreciation and write-downs630 | €2k | €266 | €266 | €266 | €89 | ▼ 66.7% |
| Operating cash flow (approximation) | €-6k | €14k | €-1k | €-7k | €7k | ▲ 198% |
| Investment in fixed assets (approximation) | - | €17k | €0 | €0 | €0 | - |
| Change in cash | - | €-597 | €-3k | €528 | €-933 | ▼ 277% |
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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 2.61
Current ratio from 1.11 to 2.61.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Back to profitnet €13k
Net result €13k after 4 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.35
Current ratio from 0.61 to 1.35; short-term debt falls from €20k to €8k.
20-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 81 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 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, Etterbeek · 1 establishment unit since 2017
Ground area
139 m²
Building footprint
95 m²
Volume, LiDAR
1,355 m³
Parcel 21363B0479/00V004, Brussels · tallest building 18.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Smart Construct
since 20172.264.778.962
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0479/00V004 | Brussels | 139 m² | 1 · 95 m² | 18.3 m · 5 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 2,451 companies in sector 41003 we hold annual accounts for 1,055. 106 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
Founded06-06-2017
Fiscal year end31-12
Activities, NACEBEL 2025
41003General construction of other non-residential buildings
43350Other building finishing work
Scores and ratios are computed by Checked and are not a credit decision.