Livecadia
ActiveThe computed 12-month bankruptcy probability of Livecadia is 1.6% (moderate). The 2025 annual accounts show equity of €371k and a net result of €-204k. Equity is growing by ~25.7% per year across the filed fiscal years. Its solvency ranks better than 76% of 38 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-65
Solvency100▲+59
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 1.78 against 1.05 in 2024; short-term debt: 15.9% of total assets), and 15.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 92
Relative position
BE, all sectors
reference
Sector 92
higher
← fewer bankruptcies
more bankruptcies →
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 08-07-2026, 23 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
23 d early
2024
29 d early
2023
22 d early
2022
17 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-204k
2024 · €441k
2022: €-201k
2023: €-114k
2024: €441k
2022 → 2025
Working capital
€55k▼ 64.4%
2024 · €154k
2022: €-1.22M
2023: €-2.20M
2024: €154k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€249k-€135k▼ 45.7%€576k▲ 326%€371k▼ 35.5%
Operating result€-180k-€5k€489k▲ 10,163%€-190k
Net result€-201k-€-114k▲ 43.5%€441k€-204k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €190k after €489k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €442k
Fixed assets
€317k▼ 25.3%
Current assets
€125k▼ 96.1%
Equity and liabilities €442k
Equity
€371k▼ 35.5%
Debt
€70k▼ 97.7%
The debt ratio falls from 84.2% to 15.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-80k▼
2024 · €588k
Cash flow
€-95k▼
2024 · €540k
Solvency
84.1%▲
2024 · 15.8%
Current ratio
1.78▲
2024 · 1.05
Quick ratio
1.78▲
2024 · 1.05
Debt / equity
0.19▼
2024 · 5.31
ROE
-55.0%▼
2024 · 76.5%
ROA
-46.3%▼
2024 · 12.1%
Interest coverage
-5.37▼
2024 · 3.78
Debt
€70k▼
2024 · €3.06M
Debt ≤ 1 year
€70k▼
2024 · €3.06M
Staff costs
€9k▼
2024 · €368k
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€3.63M€442k▼
Fixed assets21/28€424k€317k▼
Intangible fixed assets21€281k€213k▼
Tangible fixed assets22/27€143k€103k▼
Plant, machinery and equipment23€139k€102k▼
Furniture and vehicles24€4k€1k▼
Current assets29/58€3.21M€125k▼
Amounts receivable within one year40/41€3.21M€125k▼
Trade receivables40€3.10M€15k▼
Other amounts receivable41€110k€110k=
Equity and liabilities
Total equity and liabilities10/49€3.63M€442k▼
Equity10/15€576k€371k▼
Contributions10/11€450k€450k=
Capital10€450k€450k=
Issued capital100€450k€450k=
Profit (loss) carried forward14€126k€-79k▼
Amounts payable17/49€3.06M€70k▼
Amounts payable within one year42/48€3.06M€70k▼
Financial debts43€2.95M€59k▼
Credit institutions430/8€2.95M€59k▼
Trade debts44€34k€849▼
Suppliers440/4€34k€849▼
Taxes, remuneration and social security45€31k-
Taxes450/3€23k-
Remuneration and social security454/9€8k-
Other amounts payable47/48€37k€10k▼
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Non-recurring operating income76A€810k-
Remuneration, social security and pensions62€368k€9k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€99k€110k▲
Other operating charges640/8€7k€2k▼
Gross operating margin9900€962k€-69k▼
Operating profit (loss)9901€489k€-190k▼
Financial income75/76B-€141
Recurring financial income75-€141
Financial charges65/66B€155k€15k▼
Recurring financial charges65€155k€15k▼
Profit (loss) for the period before taxes9903€333k€-204k▼
Income taxes67/77€-107k-
Profit (loss) for the period9904€441k€-204k▼
Profit (loss) for the period to be appropriated9905€441k€-204k▼
Appropriation of the result
Profit (loss) to be appropriated9906€126k€-79k▼
Profit (loss) brought forward from the previous period14P€-315k€126k▲
Social balance
Average headcount (FTE)90874.1-
The notes to these accounts (7 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-204k ▼146%
Net result drops to €-204k, the lowest in the series.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €441k
Net result €441k after 2 loss-making years.
31-12
Financial
Liquidity times 33current ratio 1.05
Current ratio from 0.03 to 1.05.
31-12
Financial
Equity above €500kEq €576k ▲326%
Equity rises from €135k to €576k.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Niklaas · 1 establishment unit since 2021
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.
Europark-Oost 29100 Sint-NiklaasGround area
2,927 m²
Building footprint
1,109 m²
Volume, LiDAR
5,116 m³
Parcel 46442C0191/00M000, Flanders · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Livecadia
since 20212.317.902.892
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46442C0191/00M000 | Flanders | 2,927 m² | 1 · 1,109 m² | 6.4 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 3 entries · 421,408 EUR awarded · 421,408 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 2 | 3,848 EUR | 254,408 EUR |
| 2022 | 1 | 417,560 EUR | 167,000 EUR |
Schemes
Ontwikkelingsproject
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 506 companies in sector 92000 we hold annual accounts for 303. 235 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-04-2021
Fiscal year end31-12
Activities, NACEBEL
92000Gambling and betting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.