LISO
ActiveSummary
LISO has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €408,978 and a net result of €8,388. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 47% of 162 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability70▲+2
Solvency89▲+8
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 3.27 against 3.35 in 2025; short-term debt: 18.7% and cash: 2% of total assets), and 36.4% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% 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 2026Solvency, return and age of the figures
Solvency
63.6%
Return on assets
1.3%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 24-09-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
37 d early
2025
31 d early
2024
35 d early
2023
32 d early
2022
32 d early
2021
18 d early
2020
51 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 34 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 29 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€408,978▲ 2.1%
2025 · €400,590
Total assets
€643,328▼ 9.4%
2025 · €710,447
Net result
€8,388
2025 · -€2,612
Working capital
€273,243▲ 6.6%
2025 · €256,397
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€162,749€170,272▲ 4.6%€31,632▼ 81.4%€13,774▼ 56.5%€19,558▲ 42.0%
Net result€117,313above the sector's middle half€130,468above the sector's middle half▲ 11.2%€12,059within the sector's middle half▼ 90.8%-€2,612below the sector's middle half€8,388
Equity€260,675above the sector's middle half▲ 81.8%€391,143above the sector's middle half▲ 50.1%€403,201above the sector's middle half▲ 3.1%€400,590above the sector's middle half▼ 0.6%€408,978▲ 2.1%
Total assets€495,504within the sector's middle half▲ 31.6%€769,922above the sector's middle half▲ 55.4%€823,659above the sector's middle half▲ 7.0%€710,447above the sector's middle half▼ 13.7%€643,328▼ 9.4%
Debt€172,792▼ 17.9%€288,885▲ 67.2%€346,544▲ 20.0%€254,814▼ 26.5%€198,178▼ 22.2%
Working capital€141,778within the sector's middle half▲ 2,785%€277,384above the sector's middle half▲ 95.6%€241,817above the sector's middle half▼ 12.8%€256,397above the sector's middle half▲ 6.0%€273,243▲ 6.6%
Solvency52.6%within the sector's middle half▲ 14.5pp50.8%within the sector's middle half▼ 1.8pp49.0%within the sector's middle half▼ 1.9pp56.4%within the sector's middle half▲ 7.4pp63.6%▲ 7.2pp
Current ratio3.54within the sector's middle half▲ 2.474.32within the sector's middle half▲ 0.792.85within the sector's middle half▼ 1.473.35within the sector's middle half▲ 0.513.27▼ 0.09
Return on assets (ROA)23.7%within the sector's middle half▲ 26.8pp16.9%within the sector's middle half▼ 6.7pp1.5%below the sector's middle half▼ 15.5pp-0.4%below the sector's middle half▼ 1.8pp1.3%▲ 1.7pp
Staff (FTE)1=1=
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2026; 2026 is 42% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €643,328
Fixed assets
€249,506 ▼ 27.7%
Current assets
€393,823 ▲ 7.8%
Equity and liabilities €643,328
Equity
€408,978 ▲ 2.1%
Provisions
€36,173 ▼ 34.3%
Debt
€198,178 ▼ 22.2%
Debt's share of the balance-sheet total falls from 35.9% to 30.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€117,287▼
2025 · €119,593
Cash flow
€106,117▲
2025 · €103,208
Debt to equity
0.48▼
2025 · 0.64
ROE
2.1%▲
2025 · -0.7%
Interest coverage
14.89▲
2025 · 10.61
Debt ≤ 1 year
€120,580▲
2025 · €108,909
Debt > 1 year
€71,598▼
2025 · €139,905
Income taxes
€23,035▼
2025 · €24,795
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 14,733 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 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €17,931 | €2,534 | €136 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35,713 | €65,288 | €87,213 | €105,819 | €97,729 | ▼ 7.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €584 | €488 | - | - | - |
| Other operating charges640/8 | €6,597 | €3,084 | €2,333 | €4,839 | €2,416 | ▼ 50.1% |
| Gross operating margin9900 | €222,990 | €241,761 | €121,801 | €124,432 | €119,702 | ▼ 3.8% |
| Operating profit (loss)9901 | €162,749 | €170,272 | €31,632 | €13,774 | €19,558 | ▲ 42.0% |
| Financial income75/76B | €2,531 | €922 | €850 | €808 | €874 | ▲ 8.1% |
| Recurring financial income75 | €2,531 | €922 | €850 | €808 | €874 | ▲ 8.1% |
| Financial charges65/66B | €10,370 | €8,405 | €14,411 | €11,270 | €7,879 | ▼ 30.1% |
| Recurring financial charges65 | €10,370 | €8,405 | €14,411 | €11,270 | €7,879 | ▼ 30.1% |
| Profit (loss) for the period before taxes9903 | €154,911 | €162,789 | €18,071 | €3,313 | €12,553 | ▲ 279% |
| Transfer from deferred taxes780 | €3,028 | €10,313 | €15,981 | €18,871 | €18,871 | = |
| Transfer to deferred taxes680 | €42,266 | €38,169 | - | - | - | - |
| Income taxes67/77 | -€1,641 | €4,465 | €21,993 | €24,795 | €23,035 | ▼ 7.1% |
| Profit (loss) for the period9904 | €117,313 | €130,468 | €12,059 | -€2,612 | €8,388 | ▲ 421% |
| Transfer from tax-exempt reserves789 | €9,084 | €30,938 | €47,942 | €56,612 | €56,612 | = |
| Transfer to tax-exempt reserves689 | €126,797 | €114,506 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€400 | €46,900 | €60,000 | €54,000 | €65,000 | ▲ 20.4% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €495,504 | €769,922 | €823,659 | €710,447 | €643,328 | ▼ 9.4% |
| Formation expenses20 | - | - | €621 | - | - | - |
| Fixed assets21/28 | €297,798 | €409,022 | €450,339 | €345,141 | €249,506 | ▼ 27.7% |
| Tangible fixed assets22/27 | €297,798 | €409,022 | €450,339 | €345,141 | €228,512 | ▼ 33.8% |
| Land and buildings22 | €250,083 | €207,042 | €180,311 | €148,425 | €116,540 | ▼ 21.5% |
| Leasing and similar rights25 | €47,715 | €201,980 | €270,028 | €196,716 | €111,972 | ▼ 43.1% |
| Financial fixed assets28 | - | - | - | - | €20,994 | - |
| Current assets29/58 | €197,706 | €360,899 | €372,699 | €365,306 | €393,823 | ▲ 7.8% |
| Amounts receivable after more than one year29 | €166,521 | €349,276 | €358,996 | €343,204 | €378,346 | ▲ 10.2% |
| Other amounts receivable291 | €166,521 | €349,276 | €358,996 | €343,204 | €378,346 | ▲ 10.2% |
| Amounts receivable within one year40/41 | €11,106 | €6,298 | €6,297 | €16,423 | €2,680 | ▼ 83.7% |
| Trade receivables40 | €5,078 | €3,522 | €1,829 | €2,852 | €2,680 | ▼ 6.0% |
| Other amounts receivable41 | €6,029 | €2,776 | €4,468 | €13,571 | - | - |
| Cash at bank and in hand54/58 | €13,908 | €5,325 | €7,406 | €5,679 | €12,797 | ▲ 125% |
| Deferred charges and accrued income490/1 | €6,171 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €495,504 | €769,922 | €823,659 | €710,447 | €643,328 | ▼ 9.4% |
| Equity10/15 | €260,675 | €391,143 | €403,201 | €400,590 | €408,978 | ▲ 2.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €242,075 | €372,543 | €384,601 | €381,990 | €390,378 | ▲ 2.2% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | - | - | - |
| Other1319 | €1,860 | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | €186,115 | €269,683 | €221,741 | €165,130 | €108,518 | ▼ 34.3% |
| Distributable reserves133 | €54,100 | €101,000 | €161,000 | €216,860 | €281,860 | ▲ 30.0% |
| Provisions and deferred taxes16 | €62,038 | €89,894 | €73,914 | €55,043 | €36,173 | ▼ 34.3% |
| Deferred taxes168 | €62,038 | €89,894 | €73,914 | €55,043 | €36,173 | ▼ 34.3% |
| Amounts payable17/49 | €172,792 | €288,885 | €346,544 | €254,814 | €198,178 | ▼ 22.2% |
| Amounts payable after more than one year17 | €108,864 | €197,370 | €207,952 | €139,905 | €71,598 | ▼ 48.8% |
| Financial debts170/4 | €107,368 | €190,874 | €199,206 | €131,159 | €62,852 | ▼ 52.1% |
| Other amounts payable178/9 | €1,496 | €6,496 | €8,746 | €8,746 | €8,746 | = |
| Amounts payable within one year42/48 | €55,928 | €83,515 | €130,882 | €108,909 | €120,580 | ▲ 10.7% |
| Current portion of amounts payable after more than one year42 | €45,278 | €79,972 | €97,147 | €68,291 | €63,893 | ▼ 6.4% |
| Financial debts43 | €1,259 | - | €24,000 | €27,500 | - | - |
| Other loans439 | €1,259 | - | €24,000 | €27,500 | - | - |
| Trade debts44 | €9,246 | €3,260 | €3,925 | €7,096 | €28,878 | ▲ 307% |
| Suppliers440/4 | €9,246 | €3,260 | €3,925 | €7,096 | €28,878 | ▲ 307% |
| Advances received on contracts in progress46 | - | - | €3,852 | €3,982 | €7,450 | ▲ 87.1% |
| Taxes, remuneration and social security45 | €144 | - | €206 | - | €19,345 | - |
| Taxes450/3 | €144 | - | €206 | - | €19,345 | - |
| Other amounts payable47/48 | - | €283 | €1,752 | €2,040 | €1,014 | ▼ 50.3% |
| Accrued charges and deferred income492/3 | €8,000 | €8,000 | €7,710 | €6,000 | €6,000 | = |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €117,313 | €130,468 | €12,059 | -€2,612 | €8,388 | ▲ 421% |
| + Depreciation and write-downs630 | €35,713 | €65,288 | €87,213 | €105,819 | €97,729 | ▼ 7.6% |
| Operating cash flow (approximation) | €153,026 | €195,756 | €99,271 | €103,208 | €106,117 | ▲ 2.8% |
| Investment in fixed assets (approximation) | - | -€176,512 | -€128,530 | -€621 | -€2,093 | ▼ 237% |
| Change in cash | - | -€8,583 | €2,081 | -€1,727 | €7,118 | ▲ 512% |
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 2027, expected by
2026
24-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Back to profitnet €8,388
Net result €8,388 after one loss-making year.
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Highest result since 2019net €130,468 ▲11.2%
Operating result €170,272, net result €130,468, both a record.
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €117,313
Net result €117,313 after one loss-making year.
31-03
Financial
Liquidity triplescurrent ratio 3.54
Current ratio from 1.06 to 3.54; short-term debt falls from €79,889 to €55,928.
31-03
Financial
Equity above €200,000Eq €260,675 ▲81.8%
Equity rises from €143,361 to €260,675.
2021
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Weakest financial yearnet -€11,669
Net result drops to -€11,669, the lowest in the series; recovery starts the following year.
Show earlier events
2020
10-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Equity above €150,000Eq €155,030 ▲4.8%
2 profitable years in a row build equity to €155,030.
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Geel · 1 establishment unit since 1991
Ground area
2,399 m²
Building footprint
477 m²
Volume, LiDAR
3,092 m³
2 parcels, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
LISO
since 19912.051.806.554
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13008H1449/00S000 | Flanders | 1,639 m² | 1 · 314 m² | 10.4 m · 2 fl. |
| 13008H0206/00G000 | Flanders | 761 m² | 1 · 163 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,264 companies in sector 69209 we hold annual accounts for 1,101. 760 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
Founded24-01-1991
Fiscal year end31-03
Activities, NACEBEL 2025
69209Other tax advisory services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0443147171
Also
9925:BE0443147171
Registered
09-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.