LISOCHEM
ActiveSummary
LISOCHEM has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €103k and a net result of €9k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 95% of 307 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability79▲+3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 12.24 against 7.03 in 2023; short-term debt: 8% and cash: 56.7% of total assets), and 8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 20
Relative position
BE, all sectors
reference
Manufacture of chemicals and chemical products (NACE 20)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
41 d early
2022
30 d early
2021
23 d late
2020
24 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9k▲ 51.0%
2023 · €6k
2020: €-16klowest in 5 years
2021: €25k▲ +257% vs 2020highest in 5 years
2022: €20k▼ -23.2% vs 2021
2023: €6k▼ -68.0% vs 2022
2024: €9k▲ +51.0% vs 2023
2020 → 2024
Working capital
€100k▲ 3.5%
2023 · €96k
2020: €99k
2021: €87k▼ -11.5% vs 2020lowest in 5 years
2022: €91k▲ +4.5% vs 2021
2023: €96k▲ +5.8% vs 2022
2024: €100k▲ +3.5% vs 2023highest in 5 years
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€99k-€99k▲ 0.5%€99k▲ 0.1%€99k▲ 0.3%€103k▲ 3.5%
2020: €99klowest in 5 years
2021: €99k▲ +0.5% vs 2020
2022: €99k▲ +0.1% vs 2021
2023: €99k▲ +0.3% vs 2022
2024: €103k▲ +3.5% vs 2023highest in 5 years
Operating result€-16k-€31k€28k▼ 10.9%€8k▼ 69.7%€14k▲ 65.0%
2020: €-16klowest in 5 years
2021: €31k▲ +296% vs 2020highest in 5 years
2022: €28k▼ -10.9% vs 2021
2023: €8k▼ -69.7% vs 2022
2024: €14k▲ +65.0% vs 2023
Net result€-16k-€25k€20k▼ 23.2%€6k▼ 68.0%€9k▲ 51.0%
2020: €-16klowest in 5 years
2021: €25k▲ +257% vs 2020highest in 5 years
2022: €20k▼ -23.2% vs 2021
2023: €6k▼ -68.0% vs 2022
2024: €9k▲ +51.0% vs 2023
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 65% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €112k
Fixed assets
€3k ▲ 3.5%
Current assets
€109k ▼ 3.4%
Equity and liabilities €112k
Equity
€103k ▲ 3.5%
Debt
€9k ▼ 44.5%
Debt's share of the balance-sheet total falls from 13.9% to 8.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17k▲
2023 · €13k
Cash flow
€13k▲
2023 · €11k
Current ratio
12.24▲
2023 · 7.03
Quick ratio
10.09▲
2023 · 5.20
Debt to equity
0.09▼
2023 · 0.16
ROE
9.2%▲
2023 · 6.3%
ROA
8.5%▲
2023 · 5.4%
Interest coverage
33.14▲
2023 · 9.18
Debt ≤ 1 year
€9k▼
2023 · €16k
Income taxes
€4k▲
2023 · €3k
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 · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€115k€112k▼
Fixed assets21/28€3k€3k▲
Tangible fixed assets22/27€3k€3k▲
Furniture and vehicles24€3k€3k▲
Current assets29/58€112k€109k▼
Stocks and contracts in progress3€29k€19k▼
Stocks30/36€29k€19k▼
Amounts receivable within one year40/41€42k€23k▼
Trade receivables40€35k€18k▼
Other amounts receivable41€7k€5k▼
Cash at bank and in hand54/58€35k€63k▲
Deferred charges and accrued income490/1€6k€3k▼
Equity and liabilities
Total equity and liabilities10/49€115k€112k▼
Equity10/15€99k€103k▲
Contributions10/11€31k€31k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€65k€69k▲
Amounts payable17/49€16k€9k▼
Amounts payable within one year42/48€16k€9k▼
Trade debts44€9k€3k▼
Suppliers440/4€9k€3k▼
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Other amounts payable47/48€6k€6k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€854€1k▲
Gross operating margin9900€14k€18k▲
Operating profit (loss)9901€8k€14k▲
Financial income75/76B€2k-
Recurring financial income75€2k-
Financial charges65/66B€1k€526▼
Recurring financial charges65€1k€526▼
Profit (loss) for the period before taxes9903€9k€13k▲
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€6k€9k▲
Profit (loss) for the period to be appropriated9905€6k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€71k€75k▲
Profit (loss) brought forward from the previous period14P€65k€65k▲
Profit to be distributed694/7€6k€6k=
Return on contributions (dividend)694€6k€6k=
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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | €2k | €5k | €5k | €4k | ▼ 26.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €3k | €-3k | - | - | - |
| Other operating charges640/8 | - | €895 | €765 | €854 | €1k | ▲ 21.2% |
| Non-recurring operating charges66A | - | - | €2k | - | - | - |
| Gross operating margin9900 | €-191 | €37k | €32k | €14k | €18k | ▲ 29.9% |
| Operating profit (loss)9901 | €-16k | €31k | €28k | €8k | €14k | ▲ 65.0% |
| Financial income75/76B | - | - | €25 | €2k | - | - |
| Recurring financial income75 | €24 | - | €25 | €2k | - | - |
| Financial charges65/66B | - | €250 | €396 | €1k | €526 | ▼ 63.9% |
| Recurring financial charges65 | €361 | €250 | €396 | €1k | €526 | ▼ 63.9% |
| Profit (loss) for the period before taxes9903 | €-16k | €31k | €27k | €9k | €13k | ▲ 42.1% |
| Income taxes67/77 | €65 | €5k | €8k | €3k | €4k | ▲ 23.9% |
| Profit (loss) for the period9904 | €-16k | €25k | €20k | €6k | €9k | ▲ 51.0% |
| Profit (loss) for the period to be appropriated9905 | €-16k | €25k | €20k | €6k | €9k | ▲ 51.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €188k | €141k | €158k | €115k | €112k | ▼ 3.2% |
| Fixed assets21/28 | - | €12k | €8k | €3k | €3k | ▲ 3.5% |
| Tangible fixed assets22/27 | - | €12k | €8k | €3k | €3k | ▲ 3.5% |
| Furniture and vehicles24 | - | €12k | €8k | €3k | €3k | ▲ 3.5% |
| Current assets29/58 | €188k | €129k | €150k | €112k | €109k | ▼ 3.4% |
| Stocks and contracts in progress3 | €9k | €18k | €38k | €29k | €19k | ▼ 35.0% |
| Stocks30/36 | - | €18k | €38k | €29k | €19k | ▼ 35.0% |
| Amounts receivable within one year40/41 | €30k | €35k | €72k | €42k | €23k | ▼ 44.3% |
| Trade receivables40 | - | €29k | €71k | €35k | €18k | ▼ 47.2% |
| Other amounts receivable41 | - | €6k | €2k | €7k | €5k | ▼ 30.9% |
| Cash at bank and in hand54/58 | €149k | €76k | €35k | €35k | €63k | ▲ 80.4% |
| Deferred charges and accrued income490/1 | - | - | €5k | €6k | €3k | ▼ 51.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €188k | €141k | €158k | €115k | €112k | ▼ 3.2% |
| Equity10/15 | €99k | €99k | €99k | €99k | €103k | ▲ 3.5% |
| Contributions10/11 | - | €31k | €31k | €31k | €31k | = |
| Reserves13 | €3k | €3k | €3k | €3k | €3k | = |
| Non-distributable reserves130/1 | - | €3k | €3k | €3k | €3k | = |
| Reserves not available under the articles1311 | - | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €64k | €65k | €65k | €65k | €69k | ▲ 5.3% |
| Amounts payable17/49 | €89k | €42k | €59k | €16k | €9k | ▼ 44.5% |
| Amounts payable within one year42/48 | €89k | €42k | €59k | €16k | €9k | ▼ 44.5% |
| Current portion of amounts payable after more than one year42 | - | €1k | €7k | - | - | - |
| Trade debts44 | €16k | €13k | €6k | €9k | €3k | ▼ 66.5% |
| Suppliers440/4 | - | €13k | €6k | €9k | €3k | ▼ 66.5% |
| Taxes, remuneration and social security45 | - | €108 | - | €1k | - | - |
| Taxes450/3 | - | €108 | - | €1k | - | - |
| Other amounts payable47/48 | - | €28k | €46k | €6k | €6k | ▼ 5.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-16k | €25k | €20k | €6k | €9k | ▲ 51.0% |
| + Depreciation and write-downs630 | €0 | €2k | €5k | €5k | €4k | ▼ 26.7% |
| Operating cash flow (approximation) | €-16k | €28k | €25k | €11k | €13k | ▲ 16.4% |
| Investment in fixed assets (approximation) | - | - | €-1k | €0 | €-4k | - |
| Change in cash | - | €-73k | €-42k | €507 | €28k | ▲ 5,462% |
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
01-09
State Gazette act
RestructuringMerger · Net-asset statement · Accounting effect10 facts ▸
State Gazette act
Restructuring
Merger · Net-asset statement · Accounting effect10 facts ▸
- Board meeting, 26-06-2026
- Merger, 8:1, 800
- Net-asset statement, 31-12-2025
- Net-asset statement, 31-12-2025
- Accounting effect, 01-01-2026
- Purpose change, La société a pour objet la recherche, la mise au point, la production, la négociation et distribution de produits chimiques non solvantés pour le secteur du bât…
- Power of attorney, SRL FIDUCIAIRE COMPTAGEST
- Power of attorney, SRL FIDUCIAIRE COMPTAGEST
- Registered-office move, rue des Mousquetaires Gris, 35 à 5660 Mariembourg
- Net asset correction, 1.939.437,40, plus-values latentes sur les immobilisés
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €100kEq €103k ▲3.5%
4 profitable years in a row build equity to €103k.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity triplescurrent ratio 7.03
Current ratio from 2.54 to 7.03; short-term debt falls from €59k to €16k.
01-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 23 days late
2021
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 24 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Couvin · 1 establishment unit since 2020
Ground area
4,390 m²
Building footprint
1,037 m²
Parcel 93039B0137/02D002, Wallonia. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
LISOCHEM
since 20202.334.366.564
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93039B0137/02D002 | Wallonia | 4,390 m² | 1 · 1,037 m² | - |
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
Acquisitions and mergers
1 transactionTaken over by:SA CONVERGENT GROUP
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Of 230 companies in sector 20590 we hold annual accounts for 169. 55 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
Founded31-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
20590Manufacture of chemicals and chemical products
Contact
E-mail
gm@lisochem.com
Phone
+32483367323
Scores and ratios are computed by Checked and are not a credit decision.