LIVARCO
ActiveLIVARCO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-15k) and a net result of €-42k. Equity is shrinking by ~21.2% per year across the filed fiscal years. Its solvency ranks better than 9% of 16941 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
43
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▼-1
Solvency21▼-11
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.2 against 0.32 in 2024; short-term debt: 47.3% and cash: 9.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-4.2%
Return on assets
-12%
Age of the figures
9 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-15k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 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
14 d late
2024
25 d late
2023
30 d late
2022
23 d late
2021
30 d late
2020
9 d late
2019
7 d early
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€-15k
2024 · €27k
2018: €172k
2019: €172k
2020: €164k
2021: €176k
2022: €118k
2023: €71k
2024: €27k
2018 → 2025
Total assets
€351k▼ 10.4%
2024 · €392k
2018: €192k
2019: €215k
2020: €436k
2021: €466k
2022: €491k
2023: €438k
2024: €392k
2018 → 2025
Net result
€-42k▲ 3.3%
2024 · €-44k
2018: €51k
2019: €51k
2020: €18k
2021: €19k
2022: €11k
2023: €-47k
2024: €-44k
2018 → 2025
Working capital
€-132k▼ 17.5%
2024 · €-113k
2018: €164k
2019: €163k
2020: €136k
2021: €-40k
2022: €-43k
2023: €-71k
2024: €-113k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€176k-€118k▼ 32.8%€71k▼ 39.9%€27k▼ 61.4%€-15k
Operating result€36k-€24k▼ 33.6%€-41k€-46k▼ 10.1%€-42k▲ 7.3%
Net result€19k-€11k▼ 40.0%€-47k€-44k▲ 7.5%€-42k▲ 3.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €42k in 2025 against €46k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €351k
Fixed assets
€318k▼ 6.6%
Current assets
€34k▼ 35.2%
Key figures and ratios
EBITDA
€-20k▲
2024 · €-23k
Cash flow
€-20k▲
2024 · €-21k
Solvency
-4.2%▼
2024 · 7.0%
Current ratio
0.20▼
2024 · 0.32
Quick ratio
0.20▼
2024 · 0.32
Debt / equity
-24.76▼
2024 · 13.29
ROA
-12.0%▼
2024 · -11.1%
Interest coverage
-246.85▼
2024 · -171.74
Debt
€366k▲
2024 · €365k
Debt ≤ 1 year
€166k▲
2024 · €165k
Debt > 1 year
€200k=
2024 · €200k
Income taxes
€151▼
2024 · €358
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€392k€351k▼
Fixed assets21/28€340k€318k▼
Tangible fixed assets22/27€340k€318k▼
Land and buildings22€325k€308k▼
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€9k€5k▼
Current assets29/58€52k€34k▼
Amounts receivable within one year40/41€3k€824▼
Trade receivables40€2k€651▼
Other amounts receivable41€601€174▼
Cash at bank and in hand54/58€47k€33k▼
Deferred charges and accrued income490/1€2k€297▼
Equity and liabilities
Total equity and liabilities10/49€392k€351k▼
Equity10/15€27k€-15k▼
Contributions10/11€6k€6k=
Reserves13€112k€112k=
Distributable reserves133€112k€112k=
Profit (loss) carried forward14€-91k€-133k▼
Amounts payable17/49€365k€366k▲
Amounts payable after more than one year17€200k€200k=
Financial debts170/4€200k€200k=
Amounts payable within one year42/48€165k€166k▲
Trade debts44€3k€593▼
Suppliers440/4€3k€593▼
Taxes, remuneration and social security45€1k€49▼
Taxes450/3€0€49▲
Remuneration and social security454/9€1k€0▼
Other amounts payable47/48€161k€165k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€23k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€-22k€-18k▲
Operating profit (loss)9901€-46k€-42k▲
Financial income75/76B€2k€342▼
Recurring financial income75€2k€342▼
Financial charges65/66B€135€80▼
Recurring financial charges65€135€80▼
Profit (loss) for the period before taxes9903€-43k€-42k▲
Income taxes67/77€358€151▼
Profit (loss) for the period9904€-44k€-42k▲
Profit (loss) for the period to be appropriated9905€-44k€-42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-91k€-133k▼
Profit (loss) brought forward from the previous period14P€-47k€-91k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 14 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-47k ▼512%
Net result drops to €-47k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Laarne · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Peperstraat 239270 LaarneGround area
1,239 m²
Building footprint
241 m²
Volume, LiDAR
1,181 m³
Parcel 42009D1205/00H000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LIVARCO
since 20132.219.390.583
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42009D1205/00H000 | Flanders | 1,239 m² | 1 · 241 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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B&3S
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Of 29,992 companies in sector 62200 we hold annual accounts for 18,386. 14,052 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-03-2013
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.