LIVIS-LAFORGE
ActiveSummary
LIVIS-LAFORGE has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €674k and a net result of €234k. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 52% of 4157 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+8
Solvency63=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 1.93 against 1.7 in 2024; short-term debt: 45.8% and cash: 11.6% of total assets), but 62.3% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
37.7%
Return on assets
13.1%
Age of the figures
12 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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
13 d early
2023
32 d early
2022
19 d early
2021
36 d early
2020
3 d early
2019
43 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€234k▲ 391%
2024 · €48k
2018: €4k
2019: €6k
2020: €6k
2021: €50k
2022: €1k
2023: €35k
2024: €48k
2018 → 2025
Working capital
€760k▲ 190%
2024 · €262k
2018: €288k
2019: €272k
2020: €313k
2021: €344k
2022: €286k
2023: €340k
2024: €262k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€332k-€333k▲ 0.4%€368k▲ 10.6%€286k▼ 22.4%€674k▲ 136%
Operating result€69k-€6k▼ 91.0%€53k▲ 750%€69k▲ 31.7%€331k▲ 377%
Net result€50k-€1k▼ 97.3%€35k▲ 2,476%€48k▲ 35.0%€234k▲ 391%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 377% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.79M
Fixed assets
€209k ▲ 87.3%
Current assets
€1.58M ▲ 148%
Equity and liabilities €1.79M
Equity
€674k ▲ 136%
Debt
€1.11M ▲ 141%
The debt ratio rises from 61.8% to 62.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€359k▲
2024 · €78k
Cash flow
€262k▲
2024 · €56k
Current ratio
1.93▲
2024 · 1.70
Quick ratio
0.50▲
2024 · 0.31
Debt / equity
1.65▲
2024 · 1.62
ROE
34.6%▲
2024 · 16.6%
ROA
13.1%▲
2024 · 6.4%
Interest coverage
18.81▲
2024 · 8.56
Debt ≤ 1 year
€818k▲
2024 · €374k
Debt > 1 year
€286k▲
2024 · €85k
Income taxes
€86k▲
2024 · €17k
Staff costs
€165k▲
2024 · €77k
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 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€749k€1.79M▲
Fixed assets21/28€112k€209k▲
Intangible fixed assets21€85k€79k▼
Tangible fixed assets22/27€27k€131k▲
Other tangible fixed assets26€27k€131k▲
Current assets29/58€637k€1.58M▲
Stocks and contracts in progress3€519k€1.17M▲
Stocks30/36€519k€1.17M▲
Amounts receivable within one year40/41€90k€201k▲
Trade receivables40€5k€36k▲
Other amounts receivable41€84k€165k▲
Cash at bank and in hand54/58€24k€208k▲
Deferred charges and accrued income490/1€4k€1k▼
Equity and liabilities
Total equity and liabilities10/49€749k€1.79M▲
Equity10/15€286k€674k▲
Contributions10/11€170k€245k▲
Reserves13€0-
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€0-
Profit (loss) carried forward14€116k€429k▲
Amounts payable17/49€463k€1.11M▲
Amounts payable after more than one year17€85k€286k▲
Financial debts170/4-€286k
Other amounts payable178/9€85k€0▼
Amounts payable within one year42/48€374k€818k▲
Current portion of amounts payable after more than one year42€0€82k▲
Financial debts43€32k€110k▲
Credit institutions430/8€6k€10k▲
Other loans439€26k€100k▲
Trade debts44€194k€174k▼
Suppliers440/4€194k€174k▼
Taxes, remuneration and social security45€17k€145k▲
Taxes450/3€7k€100k▲
Remuneration and social security454/9€10k€46k▲
Other amounts payable47/48€131k€306k▲
Accrued charges and deferred income492/3€3k€9k▲
Income statement
Code20242025
Remuneration, social security and pensions62€77k€165k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€28k▲
Other operating charges640/8€569€1k▲
Gross operating margin9900€155k€525k▲
Operating profit (loss)9901€69k€331k▲
Financial income75/76B€4k€8k▲
Recurring financial income75€4k€8k▲
Financial charges65/66B€9k€19k▲
Recurring financial charges65€9k€19k▲
Profit (loss) for the period before taxes9903€64k€319k▲
Income taxes67/77€17k€86k▲
Profit (loss) for the period9904€48k€234k▲
Profit (loss) for the period to be appropriated9905€48k€234k▲
Appropriation of the result
Profit (loss) to be appropriated9906€186k€729k▲
Profit (loss) brought forward from the previous period14P€139k€496k▲
Transfer from equity791/2€60k€0▼
Profit to be distributed694/7€130k€300k▲
Return on contributions (dividend)694€130k€300k▲
Social balance
Average headcount (FTE)90872.03.4▲
The notes to these accounts (20 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
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
Financial
Highest result since 2018net €234k ▲391%
Operating result €331k, net result €234k, both a record.
30-09
Financial
Equity above €500kEq €674k ▲136%
8 profitable years in a row build equity to €674k.
17-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
11-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-09
Financial
Weakest financial yearnet €1k ▼97.3%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
25-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
27-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
18-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
12-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
03-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 3 days late
2017
24-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Soignies · 3 establishment units 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.
Rue de Mons 197060 SoigniesGround area
9.3 ha
Building footprint
2.6 ha
Volume, LiDAR
179,460 m³
3 parcels, Wallonia · tallest building 16.0 m, ±5 floors. Linked by address, not a title deed.
3 establishment units
Livis-Laforge
since 20132.224.605.621
Livis-Laforge
since 20242.382.006.432
Livis-Laforge
since 20252.382.006.828
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55022A0355/00L010 | Wallonia | 9.3 ha | 1 · 2.6 ha | 11.1 m · 2 fl. |
| 55402F0494/00B000 | Wallonia | 190 m² | 1 · 44 m² | 14.0 m · 4 fl. |
| 51004D0196/00F000 | Wallonia | 164 m² | 1 · 50 m² | 16.0 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
HISTOIRE D'OR BELGIUM
BE 0463.965.549
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POOLS
BE 0419.017.531
Roeselare · Eq €679k
LA MAISON FRERES
BE 0829.144.914
Waremme · Eq €679k
ETABLISSEMENTS DECHAMPS & CO
BE 0429.583.801
Flémalle · Eq €665k
ATELIER DEHAESELEER
BE 0843.402.924
Lessines · Eq €664k
Of 2,017 companies in sector 47770 we hold annual accounts for 898. 576 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-10-2013
Fiscal year end30-09
Activities, NACEBEL
47770Retail sale of watches and jewellery
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.