live light
ActiveSummary
The computed 12-month bankruptcy probability of live light is 1.6% (moderate). The 2025 annual accounts show negative equity (-€948,830) and a net result of €210,071. Equity is shrinking by ~22.3% per year across the filed fiscal years. Its solvency ranks better than 7% of 8160 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+39
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.14 against 1.14 in 2024; short-term debt: 22.7% and cash: 2.9% of total assets), and equity is negative.
Credit check for your own amount and term
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.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% 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 7% of 8160 sector peers (2025).
NBB · sector comparisonPosition among 8160 sector peers
Solvency
better than 7%
← weakest
strongest →
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 17-07-2026, 14 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
14 d early
2024
3 d early
2023
4 d late
2022
3 d early
2021
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
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. Usually files around 28 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
-€948,830▲ 18.1%
2024 · -€1.2m
Total assets
€1.9m▼ 24.2%
2024 · €2.5m
Net result
€210,071
2024 · -€287,489
Working capital
€61,722▼ 31.2%
2024 · €89,712
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line20212022202320242025
Operating result-€376,664--€368,164▲ 2.3%€16,100-€102,732€330,167
Net result-€389,552below the sector's middle half--€422,295below the sector's middle half▼ 8.4%-€159,566below the sector's middle half▲ 62.2%-€287,489below the sector's middle half▼ 80.2%€210,071above the sector's middle half
Equity-€289,552below the sector's middle half--€711,847below the sector's middle half▼ 146%-€871,413below the sector's middle half▼ 22.4%-€1.2mbelow the sector's middle half▼ 33.0%-€948,830below the sector's middle half▲ 18.1%
Total assets€1.4mwithin the sector's middle half-€2.7mwithin the sector's middle half▲ 99.4%€2.9mabove the sector's middle half▲ 6.7%€2.5mwithin the sector's middle half▼ 11.7%€1.9mwithin the sector's middle half▼ 24.2%
Debt€1.6m-€3.4m▲ 108%€3.8m▲ 9.9%€3.7m▼ 2.0%€2.9m▼ 22.1%
Working capital€203,990within the sector's middle half-€279,905within the sector's middle half▲ 37.2%€151,106within the sector's middle half▼ 46.0%€89,712within the sector's middle half▼ 40.6%€61,722within the sector's middle half▼ 31.2%
Solvency-21.3%below the sector's middle half--26.3%below the sector's middle half▼ 5.0pp-30.2%below the sector's middle half▼ 3.9pp-45.5%below the sector's middle half▼ 15.3pp-49.1%below the sector's middle half▼ 3.6pp
Current ratio3.86above the sector's middle half-1.84within the sector's middle half▼ 2.021.32within the sector's middle half▼ 0.521.14below the sector's middle half▼ 0.181.14within the sector's middle half=
Return on assets (ROA)-28.7%below the sector's middle half--15.6%below the sector's middle half▲ 13.1pp-5.5%below the sector's middle half▲ 10.1pp-11.3%below the sector's middle half▼ 5.8pp10.9%above the sector's middle half▲ 22.2pp
Staff (FTE)2.7within the sector's middle half-6.4within the sector's middle half▲ 137%8.6above the sector's middle half▲ 34.4%9above the sector's middle half▲ 4.7%7.5above the sector's middle half▼ 16.7%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €330,167 after a loss of €102,732 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets
€1.4m ▼ 21.9%
Current assets
€500,672 ▼ 30.0%
Key figures and ratios
EBITDA
€1.2m▲
2024 · €842,964
Cash flow
€1.0m▲
2024 · €658,207
Quick ratio
0.40▲
2024 · 0.40
Debt to equity
-3.02▲
2024 · -3.18
Interest coverage
9.05▲
2024 · 4.57
Debt ≤ 1 year
€438,949▼
2024 · €625,658
Debt > 1 year
€2.4m▼
2024 · €3.0m
Income taxes
€710▲
2024 · €464
Staff costs
€473,479▼
2024 · €536,347
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,178 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit of 5% of the balance sheet or more
4.3%
went bankrupt
5.6%
stopped otherwise
89%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.6% 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 2,178 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €23,022 | €32,574 | ▲ 41.5% |
| Remuneration, social security and pensions62 | €134,484 | €331,295 | €481,366 | €536,347 | €473,479 | ▼ 11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €149,620 | €506,541 | €804,346 | €945,696 | €824,259 | ▼ 12.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €18,236 | €58,743 | €27,519 | €43,946 | ▲ 59.7% |
| Other operating charges640/8 | €4,539 | €2,253 | €21,259 | €83,632 | €67,371 | ▼ 19.4% |
| Non-recurring operating charges66A | €3,399 | €23,281 | €59,612 | - | €19,245 | - |
| Gross operating margin9900 | -€84,621 | €513,441 | €1.4m | €1.5m | €1.8m | ▲ 18.0% |
| Operating profit (loss)9901 | -€376,664 | -€368,164 | €16,100 | -€102,732 | €330,167 | ▲ 421% |
| Financial income75/76B | €958 | €1,795 | €800 | €1 | €8,209 | ▲ 1,225,181% |
| Recurring financial income75 | €958 | €1,795 | €800 | €1 | €8,209 | ▲ 1,225,181% |
| Financial charges65/66B | €13,522 | €55,381 | €175,752 | €184,295 | €127,596 | ▼ 30.8% |
| Recurring financial charges65 | €13,522 | €55,381 | €175,752 | €184,295 | €127,596 | ▼ 30.8% |
| Profit (loss) for the period before taxes9903 | -€389,228 | -€421,750 | -€158,852 | -€287,026 | €210,781 | ▲ 173% |
| Income taxes67/77 | €324 | €545 | €714 | €464 | €710 | ▲ 53.1% |
| Profit (loss) for the period9904 | -€389,552 | -€422,295 | -€159,566 | -€287,489 | €210,071 | ▲ 173% |
| Profit (loss) for the period to be appropriated9905 | -€389,552 | -€422,295 | -€159,566 | -€287,489 | €210,071 | ▲ 173% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €2.7m | €2.9m | €2.5m | €1.9m | ▼ 24.2% |
| Fixed assets21/28 | €1.1m | €2.1m | €2.3m | €1.8m | €1.4m | ▼ 21.9% |
| Intangible fixed assets21 | €33,920 | €114,457 | €108,148 | €62,709 | €16,343 | ▼ 73.9% |
| Tangible fixed assets22/27 | €1.0m | €2.0m | €2.1m | €1.7m | €1.4m | ▼ 20.0% |
| Plant, machinery and equipment23 | - | - | €5,554 | €12,311 | €9,273 | ▼ 24.7% |
| Furniture and vehicles24 | €1.0m | €2.0m | €2.1m | €1.7m | €1.4m | ▼ 20.0% |
| Financial fixed assets28 | - | - | €13,045 | €21,587 | €16,193 | ▼ 25.0% |
| Current assets29/58 | €275,199 | €612,583 | €618,998 | €715,370 | €500,672 | ▼ 30.0% |
| Stocks and contracts in progress3 | - | €367,590 | €356,608 | €465,619 | €323,899 | ▼ 30.4% |
| Stocks30/36 | - | €367,590 | €356,608 | €465,619 | €323,899 | ▼ 30.4% |
| Amounts receivable within one year40/41 | €178,085 | €185,300 | €105,463 | €112,487 | €98,857 | ▼ 12.1% |
| Trade receivables40 | €28,041 | €78,498 | €97,868 | €72,539 | €98,083 | ▲ 35.2% |
| Other amounts receivable41 | €150,043 | €106,802 | €7,594 | €39,947 | €775 | ▼ 98.1% |
| Cash at bank and in hand54/58 | €97,018 | €43,292 | €148,582 | €132,449 | €56,071 | ▼ 57.7% |
| Deferred charges and accrued income490/1 | €97 | €16,402 | €8,345 | €4,815 | €21,844 | ▲ 354% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €2.7m | €2.9m | €2.5m | €1.9m | ▼ 24.2% |
| Equity10/15 | -€289,552 | -€711,847 | -€871,413 | -€1.2m | -€948,830 | ▲ 18.1% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Profit (loss) carried forward14 | -€389,552 | -€811,847 | -€971,413 | -€1.3m | -€1.0m | ▲ 16.7% |
| Provisions and deferred taxes16 | - | - | - | €26,753 | €13,425 | ▼ 49.8% |
| Provisions for liabilities and charges160/5 | - | - | - | €26,753 | €13,425 | ▼ 49.8% |
| Other liabilities and charges164/5 | - | - | - | €26,753 | €13,425 | ▼ 49.8% |
| Amounts payable17/49 | €1.6m | €3.4m | €3.8m | €3.7m | €2.9m | ▼ 22.1% |
| Amounts payable after more than one year17 | €1.6m | €3.0m | €3.2m | €3.0m | €2.4m | ▼ 21.0% |
| Other amounts payable178/9 | €1.6m | €3.0m | €3.2m | €3.0m | €2.4m | ▼ 21.0% |
| Amounts payable within one year42/48 | €71,209 | €332,679 | €467,892 | €625,658 | €438,949 | ▼ 29.8% |
| Financial debts43 | €1,680 | €6,147 | €8,876 | €4,457 | €2,939 | ▼ 34.1% |
| Credit institutions430/8 | €1,680 | €6,147 | €8,876 | €4,457 | €2,939 | ▼ 34.1% |
| Trade debts44 | €41,922 | €252,109 | €108,628 | €243,286 | €170,304 | ▼ 30.0% |
| Suppliers440/4 | €41,922 | €252,109 | €108,628 | €243,286 | €170,304 | ▼ 30.0% |
| Advances received on contracts in progress46 | €55 | €13,000 | €60,704 | €106,819 | €81,937 | ▼ 23.3% |
| Taxes, remuneration and social security45 | €27,551 | €61,423 | €121,476 | €97,106 | €62,576 | ▼ 35.6% |
| Taxes450/3 | €2,457 | €4,375 | €42,570 | €5,436 | €4,638 | ▼ 14.7% |
| Remuneration and social security454/9 | €25,094 | €57,048 | €78,906 | €91,670 | €57,937 | ▼ 36.8% |
| Other amounts payable47/48 | - | - | €168,209 | €173,990 | €121,194 | ▼ 30.3% |
| Accrued charges and deferred income492/3 | €24,136 | €70,644 | €100,415 | €78,562 | €76,767 | ▼ 2.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€389,552 | -€422,295 | -€159,566 | -€287,489 | €210,071 | ▲ 173% |
| + Depreciation and write-downs630 | €149,620 | €506,541 | €804,346 | €945,696 | €824,259 | ▼ 12.8% |
| Operating cash flow (approximation) | -€239,932 | €84,246 | €644,780 | €658,207 | €1.0m | ▲ 57.1% |
| Investment in fixed assets (approximation) | - | -€1.5m | -€978,350 | -€512,000 | -€422,197 | ▲ 17.5% |
| Change in cash | - | -€53,726 | €105,290 | -€16,133 | -€76,378 | ▼ 373% |
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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €210,071
Net result €210,071 after 4 loss-making years.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 4 days late
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€422,295
Net result drops to -€422,295, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Boom · 1 establishment unit since 2020
Ground area
4.4 ha
Building footprint
2.1 ha
Parcel 11005A0286/00N000, Flanders. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
live light
since 20202.304.379.708
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11005A0286/00N000 | Flanders | 4.4 ha | 1 · 2.1 ha | - |
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
Owners and holdings
1 ownerChain of control
- D&L INVEST
- live light
Highest known parent: D&L INVEST. The sources do not say who stands above it.
Owners 1
- D&L INVESTparentSourceaccounts D&L INVEST 202585%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
VIPACK
BE 0478.911.467
Wielsbeke · FTE 7.5
Etablissement BOSQUET PHILIPPE SPRL
BE 0862.574.973
Floreffe · FTE 7.6
Salens
BE 0413.186.643
Wingene · FTE 7.4
Gescova
BE 0406.355.962
Wevelgem · FTE 7.2
KVIK BE
BE 0888.944.325
Aartselaar · FTE 8
Of 334 companies in sector 46471 we hold annual accounts for 190. 62 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46471Wholesale trade
77229Renting and leasing of other personal and household goods
49420Removal services
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0748429432
Also
9925:BE0748429432
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.