Liwa Consult

Active

Private limited companyfounded 20232 yrs activeSint-Arnolduslaan 9, 8200 Brugge, BelgiumKBO/BCE: BE 1001.831.143

Liwa Consult has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62k and a net result of €48k. Its solvency ranks better than 44% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2025

86 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency73▼-8

Growth78

Track record82

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity ample (current ratio 2.1 against 2.19 in 2024; short-term debt: 26.8% and cash: 37.6% of total assets), but 51.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Sector 70

lower

← fewer bankruptcies more bankruptcies →

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

1 d early

2024

1 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.

Companies Code · seven months

Position in the running window

31-03-2026 close22-09-2026 today31-10-2026 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€62k▲ 342%

2024 · €14k

2024: €14k

2024 → 2025

Total assets

€128k▲ 413%

2024 · €25k

2024: €25k

2024 → 2025

Net result

€48k▲ 379%

2024 · €10k

2024: €10k

2024 → 2025

Working capital

€38k▲ 190%

2024 · €13k

2024: €13k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€14k-€62k▲ 342%

Operating result€14k-€68k▲ 379%

Net result€10k-€48k▲ 379%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2025; 2025 is 379% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €128k

43.7%

56.3%

Fixed assets €56k▲ 5,501%

Current assets €72k▲ 201%

Equity and liabilities €128k

48.4%

51.6%

Equity €62k▲ 342%

Debt €66k▲ 504%

The debt ratio rises from 43.8% to 51.6%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€79k▲

2024 · €14k

Cash flow

€58k▲

2024 · €10k

Solvency

48.4%▼

2024 · 56.2%

Current ratio

2.10▼

2024 · 2.19

Quick ratio

2.10▼

2024 · 2.19

Debt / equity

1.07▲

2024 · 0.78

ROE

77.4%▲

2024 · 71.3%

ROA

37.4%▼

2024 · 40.1%

Interest coverage

47.56▼

2024 · 631.70

Debt

€66k▲

2024 · €11k

Debt ≤ 1 year

€34k▲

2024 · €11k

Debt > 1 year

€32k

Income taxes

€19k▲

2024 · €4k

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€25k€128k▲

Fixed assets21/28€995€56k▲

Tangible fixed assets22/27€995€56k▲

Plant, machinery and equipment23-€3k

Furniture and vehicles24€995€53k▲

Current assets29/58€24k€72k▲

Amounts receivable within one year40/41€7k€23k▲

Trade receivables40€3k€174▼

Other amounts receivable41€4k€23k▲

Cash at bank and in hand54/58€17k€48k▲

Deferred charges and accrued income490/1-€408

Equity and liabilities

Total equity and liabilities10/49€25k€128k▲

Equity10/15€14k€62k▲

Contributions10/11€4k€4k=

Reserves13€10k€58k▲

Distributable reserves133€10k€58k▲

Amounts payable17/49€11k€66k▲

Amounts payable after more than one year17-€32k

Financial debts170/4-€32k

Amounts payable within one year42/48€11k€34k▲

Current portion of amounts payable after more than one year42-€13k

Trade debts44€1k€325▼

Suppliers440/4€1k€325▼

Taxes, remuneration and social security45€9k€20k▲

Taxes450/3€9k€20k▲

Other amounts payable47/48-€1k

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74€11k▲

Other operating charges640/8€58€126▲

Gross operating margin9900€14k€79k▲

Operating profit (loss)9901€14k€68k▲

Financial income75/76B€23€956▲

Recurring financial income75€23€956▲

Financial charges65/66B€23€2k▲

Recurring financial charges65€23€2k▲

Profit (loss) for the period before taxes9903€14k€67k▲

Income taxes67/77€4k€19k▲

Profit (loss) for the period9904€10k€48k▲

Profit (loss) for the period to be appropriated9905€10k€48k▲

Appropriation of the result

Profit (loss) to be appropriated9906€10k€48k▲

Transfer to equity691/2€10k€48k▲

To other reserves6921€10k€48k▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-10-2026

2025

30-10

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2024

30-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

NBB filing

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, Brugge · 1 establishment unit since 2023

establishment The establishment unit on the map

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.

Sint-Arnolduslaan 98200 Brugge

Ground area

367 m²

Building footprint

111 m²

Volume, LiDAR

750 m³

Parcel 31512B0279/00L010, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Liwa Consult

Sint-Arnolduslaan 9, 8200 BruggeActivities of head offices

since 20232.351.956.822

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31512B0279/00L010	Flanders	367 m²	1 · 111 m²	10.5 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.

Similar companies · same sector, comparable size

Balastrim

BE 0752.563.909

Merelbeke-Melle · Eq €62k

Beveren-Kruibeke-Zwijndrecht · Eq €62k

Of 5,700 companies in sector 70100 we hold annual accounts for 3,495. 2,124 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded31-10-2023

Fiscal year end31-03

Activities, NACEBEL

70100Activities of head offices

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.