LIRIS CONSULT
ActiveSummary
LIRIS CONSULT has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €392k and a net result of €23k. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 78% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-6
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 7.19 against 2.95 in 2024; short-term debt: 6.1% and cash: 6.9% of total assets), and 18.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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
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
81.1%
Return on assets
4.8%
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 06-03-2026, 147 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
147 d early
2024
44 d early
2023
30 d early
2022
32 d early
2021
18 d early
2020
4 d early
2019
38 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
History
Financials · fiscal year 2025, micro schema
Equity
€392k▲ 0.5%
2024 · €390k
Total assets
€483k▼ 1.3%
2024 · €489k
Net result
€23k▼ 51.9%
2024 · €48k
Working capital
€182k▲ 55.8%
2024 · €117k
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
Line20212022202320242025
Operating result€81k▲ 103%€105k▲ 29.9%€102k▼ 2.2%€75k▼ 26.5%€51k▼ 32.0%
Net result€45k▲ 102%€64k▲ 42.0%€115k▲ 79.0%€48k▼ 58.4%€23k▼ 51.9%
Equity€286k▲ 18.8%€321k▲ 12.3%€376k▲ 17.1%€390k▲ 3.7%€392k▲ 0.5%
Total assets€706k▲ 9.2%€695k▼ 1.7%€779k▲ 12.1%€489k▼ 37.2%€483k▼ 1.3%
Debt€421k▲ 3.6%€374k▼ 11.2%€403k▲ 7.8%€99k▼ 75.3%€91k▼ 8.3%
Working capital€365k▲ 111%€246k▼ 32.6%€291k▲ 18.1%€117k▼ 59.9%€182k▲ 55.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 32% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €483k
Fixed assets
€272k ▼ 13.0%
Current assets
€211k ▲ 19.5%
Equity and liabilities €483k
Equity
€392k ▲ 0.5%
Debt
€91k ▼ 8.3%
Debt's share of the balance-sheet total falls from 20.3% to 18.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€82k▼
2024 · €106k
Cash flow
€53k▼
2024 · €79k
Current ratio
7.19▲
2024 · 2.95
Debt to equity
0.23▼
2024 · 0.26
ROE
5.9%▼
2024 · 12.3%
ROA
4.8%▼
2024 · 9.8%
Interest coverage
14.08▲
2024 · 13.40
Debt ≤ 1 year
€29k▼
2024 · €60k
Debt > 1 year
€59k▲
2024 · €37k
Income taxes
€13k▼
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €20k | €27k | €31k | €30k | ▼ 2.2% |
| Other operating charges640/8 | €3k | €2k | €7k | €3k | €4k | ▲ 8.5% |
| Gross operating margin9900 | €104k | €127k | €136k | €110k | €85k | ▼ 22.4% |
| Operating profit (loss)9901 | €81k | €105k | €102k | €75k | €51k | ▼ 32.0% |
| Financial income75/76B | €4k | €3k | €46k | €397 | €1k | ▲ 155% |
| Recurring financial income75 | €4k | €3k | €46k | €397 | €1k | ▲ 155% |
| Financial charges65/66B | €12k | €12k | €6k | €8k | €16k | ▲ 103% |
| Recurring financial charges65 | €12k | €12k | €6k | €8k | €6k | ▼ 27.0% |
| Non-recurring financial charges66B | - | - | - | - | €10k | - |
| Profit (loss) for the period before taxes9903 | €72k | €96k | €142k | €68k | €36k | ▼ 46.7% |
| Income taxes67/77 | €27k | €32k | €27k | €20k | €13k | ▼ 34.4% |
| Profit (loss) for the period9904 | €45k | €64k | €115k | €48k | €23k | ▼ 51.9% |
| Profit (loss) for the period to be appropriated9905 | €45k | €64k | €115k | €48k | €23k | ▼ 51.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €706k | €695k | €779k | €489k | €483k | ▼ 1.3% |
| Fixed assets21/28 | €292k | €360k | €333k | €312k | €272k | ▼ 13.0% |
| Tangible fixed assets22/27 | €232k | €300k | €323k | €302k | €272k | ▼ 10.1% |
| Land and buildings22 | €228k | €278k | €293k | €278k | €257k | ▼ 7.5% |
| Plant, machinery and equipment23 | €1k | €549 | €78 | €0 | - | - |
| Furniture and vehicles24 | €3k | €22k | €30k | €24k | €14k | ▼ 40.1% |
| Financial fixed assets28 | €60k | €60k | €10k | €10k | €0 | ▼ 100% |
| Current assets29/58 | €414k | €335k | €445k | €177k | €211k | ▲ 19.5% |
| Amounts receivable after more than one year29 | €50k | €0 | - | - | - | - |
| Trade receivables290 | €50k | - | - | - | - | - |
| Other amounts receivable291 | - | €0 | - | - | - | - |
| Stocks and contracts in progress3 | €116k | €142k | €22k | €0 | - | - |
| Stocks30/36 | €116k | €142k | €22k | €0 | - | - |
| Amounts receivable within one year40/41 | €113k | €0 | €65k | €25k | €28k | ▲ 13.9% |
| Trade receivables40 | €0 | - | €15k | €15k | €28k | ▲ 91.2% |
| Other amounts receivable41 | €113k | €0 | €50k | €10k | €0 | ▼ 100% |
| Current investments50/53 | - | - | - | €120k | €150k | ▲ 25.0% |
| Cash at bank and in hand54/58 | €112k | €172k | €358k | €32k | €33k | ▲ 4.4% |
| Deferred charges and accrued income490/1 | €24k | €21k | €0 | €317 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €706k | €695k | €779k | €489k | €483k | ▼ 1.3% |
| Equity10/15 | €286k | €321k | €376k | €390k | €392k | ▲ 0.5% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €263k | €299k | €353k | €366k | €368k | ▲ 0.4% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €261k | €297k | €353k | €366k | €368k | ▲ 0.4% |
| Profit (loss) carried forward14 | €4k | €3k | €4k | €5k | €5k | ▲ 11.2% |
| Amounts payable17/49 | €421k | €374k | €403k | €99k | €91k | ▼ 8.3% |
| Amounts payable after more than one year17 | €371k | €284k | €245k | €37k | €59k | ▲ 60.9% |
| Financial debts170/4 | €371k | €284k | €245k | €37k | €59k | ▲ 60.9% |
| Amounts payable within one year42/48 | €48k | €88k | €155k | €60k | €29k | ▼ 51.0% |
| Current portion of amounts payable after more than one year42 | €20k | €21k | €22k | €54 | €54 | = |
| Trade debts44 | €5k | €17k | €43k | €2k | €1k | ▼ 35.1% |
| Suppliers440/4 | €5k | €17k | €43k | €2k | €1k | ▼ 35.1% |
| Advances received on contracts in progress46 | €18k | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | €5k | €21k | €30k | €24k | €7k | ▼ 70.5% |
| Taxes450/3 | €5k | €21k | €30k | €24k | €7k | ▼ 70.5% |
| Other amounts payable47/48 | - | €29k | €60k | €34k | €21k | ▼ 38.2% |
| Accrued charges and deferred income492/3 | €906 | €925 | €4k | €3k | €3k | ▼ 1.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €45k | €64k | €115k | €48k | €23k | ▼ 51.9% |
| + Depreciation and write-downs630 | €20k | €20k | €27k | €31k | €30k | ▼ 2.2% |
| Operating cash flow (approximation) | €65k | €84k | €142k | €79k | €53k | ▼ 32.3% |
| Investment in fixed assets (approximation) | - | €-88k | €-41 | €-10k | €10k | ▲ 201% |
| Change in cash | - | €60k | €186k | €-327k | €1k | ▲ 100% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
State Gazette act
RestructuringDemerger · Real estate · Share issue8 facts ▸
State Gazette act
Restructuring
Demerger · Real estate · Share issue8 facts ▸
- General meeting, 18-06-2026
- Demerger, Partiële splitsing van ARTELETRA met overgang van onroerende goederen verbonden aan het vastgoedproject "De Post" te Asse naar LIRIS CONSULT
- Real estate, Appartementen 1.2 en 2.2, autostaanplaatsen P10 en P12, kelders K3 en K20 in het appartementsgebouw Prieelstraat 13/19 te Asse (kadastraal sectie L nummer 0494A…
- Share issue, 168, vergoeding voor inbreng in natura
- Capital
- Accounting effect, 01-01-2026
- Power of attorney, VGD Accountants en Belastingconsulenten BV
- Accounting effect, Verhoging van 'beschikbare inbreng buiten kapitaal' met € 5.984,22 (van € 18.600,00 naar € 24.584,22)
06-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity doublescurrent ratio 7.19
Current ratio from 2.95 to 7.19; short-term debt falls from €60k to €29k.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €115k ▲79%
Net result €115k, the highest in the series.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €22k ▼36%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €218k ▲19.1%
2 profitable years in a row build equity to €218k.
Show earlier events
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Merchtem · 1 establishment unit since 2003
Ground area
199 m²
Building footprint
83 m²
Parcel 23602H0664/00T012, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
Appelkotlaan 25, 1785 Merchtem
since 20032.123.202.811
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23602H0664/00T012 | Flanders | 199 m² | 1 · 83 m² | 0.1 m |
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.
Structure & network
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionReceived in a demerger part of:ARTELETRA
Capital and shareholders
Capital over the years
- 06-07-2026 Capital stated in the act · 354 shares
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 991 EUR awarded · 991 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 46 EUR | 46 EUR |
| 2024 | 1 | 945 EUR | 945 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 36,521 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
Founded17-12-2002
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
Contact
E-mail
inslegers.stefan@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.