LIWBO
ActiveLIWBO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €192k and a net result of €-77k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 27% of 7954 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 13-07-2026, 18 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
18 d early
2024
15 d early
2023
12 d early
2022
20 d early
2021
19 d early
2020
17 d early
2019
15 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€192k▼ 62.9%
2024 · €519k
2019: €99k
2020: €428k
2021: €446k
2022: €486k
2023: €513k
2024: €519k
2019 → 2025
Net result
€-77k
2024 · €7k
2019: €80k
2020: €330k
2021: €18k
2022: €41k
2023: €26k
2024: €7k
2019 → 2025
Total assets
€853k▼ 12.3%
2024 · €973k
2019: €136k
2020: €570k
2021: €564k
2022: €580k
2023: €961k
2024: €973k
2019 → 2025
Solvency
22.6%▼ 30.8pp
2024 · 53.4%
2019: 72.3%
2020: 75.1%
2021: 79.0%
2022: 83.9%
2023: 53.3%
2024: 53.4%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€446k-€486k▲ 9.1%€513k▲ 5.4%€519k▲ 1.3%€192k▼ 62.9%
Operating result€22k-€52k▲ 133%€26k▼ 50.4%€7k▼ 73.8%€-77k
Net result€18k-€41k▲ 130%€26k▼ 35.9%€7k▼ 74.3%€-77k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €77k after €7k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €853k
Fixed assets
€685k▼ 9.5%
Current assets
€168k▼ 22.2%
Equity and liabilities €853k
Equity
€192k▼ 62.9%
Debt
€661k▲ 45.5%
The debt ratio rises from 46.6% to 77.4%: debt grows while equity shrinks.
Key figures and ratios
Solvency
22.6%▼
2024 · 53.4%
ROE
-40.0%▼
2024 · 1.3%
ROA
-9.0%▼
2024 · 0.7%
Debt
€661k▲
2024 · €454k
Debt ≤ 1 year
€661k▲
2024 · €454k
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€973k€853k▼
Fixed assets21/28€757k€685k▼
Tangible fixed assets22/27€757k€685k▼
Land and buildings22€629k€618k▼
Furniture and vehicles24€128k€67k▼
Current assets29/58€216k€168k▼
Amounts receivable within one year40/41€124k€89k▼
Trade receivables40€19k€0▼
Other amounts receivable41€105k€89k▼
Cash at bank and in hand54/58€86k€74k▼
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€973k€853k▼
Equity10/15€519k€192k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€501k€174k▼
Amounts payable17/49€454k€661k▲
Amounts payable within one year42/48€454k€661k▲
Trade debts44€324€3k▲
Suppliers440/4€324€3k▲
Taxes, remuneration and social security45€2k€0▼
Taxes450/3€2k€0▼
Other amounts payable47/48€451k€658k▲
Income statement
Code20242025
Non-recurring operating income76A-€24k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€68k€54k▼
Other operating charges640/8€928€5k▲
Gross operating margin9900€76k€-17k▼
Operating profit (loss)9901€7k€-77k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€44€40▼
Recurring financial charges65€44€40▼
Profit (loss) for the period before taxes9903€7k€-77k▼
Profit (loss) for the period9904€7k€-77k▼
Profit (loss) for the period to be appropriated9905€7k€-77k▼
Appropriation of the result
Profit (loss) to be appropriated9906€501k€424k▼
Profit (loss) brought forward from the previous period14P€494k€501k▲
Profit to be distributed694/7-€250k
Return on contributions (dividend)694-€250k
The notes to these accounts (8 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-77k ▼1246%
Net result drops to €-77k, the lowest in the series.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €500kEq €513k ▲5.4%
5 profitable years in a row build equity to €513k.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €330k ▲312%
Operating result €433k, net result €330k, both a record.
31-12
Financial
Equity above €200kEq €428k ▲334%
2 profitable years in a row build equity to €428k.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · 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, De Panne · 1 establishment unit since 2019
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.
M. Calmeynlaan 78660 De PanneGround area
1,219 m²
Building footprint
247 m²
Volume, LiDAR
2,373 m³
Parcel 38352D0187/00K000, Flanders · tallest building 19.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Liwbo
since 20192.279.561.168
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38352D0187/00K000 | Flanders | 1,219 m² | 1 · 247 m² | 19.6 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 24,641 companies in sector 64210 we hold annual accounts for 19,693. 13,452 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-09-2018
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.