Liz-Art
ActiveLiz-Art has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €12k and a net result of €10k. Its solvency ranks better than 41% of 2464 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+70
Solvency63▲+20
Growth78
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.35 against 0.96 in 2023; short-term debt: 56.6% and cash: 15.8% of total assets), and 61.5% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
38.5%
Return on assets
33.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-07-2025, 17 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
17 d early
2023
18 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€12k▲ 678%
2023 · €2k
2023: €2k
2023 → 2024
Total assets
€31k▲ 258%
2023 · €9k
2023: €9k
2023 → 2024
Net result
€10k
2023 · €-984
2023: €-984
2023 → 2024
Working capital
€6k
2023 · €-311
2023: €-311
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€2k-€12k▲ 678%
Operating result€23-€15k▲ 67,609%
Net result€-984-€10k
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 2024; 2024 is 67,609% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €31k
Fixed assets
€7k▲ 293%
Current assets
€23k▲ 249%
Equity and liabilities €31k
Equity
€12k▲ 678%
Debt
€19k▲ 168%
The debt ratio falls from 82.3% to 61.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17k▲
2023 · €457
Cash flow
€12k▲
2023 · €-550
Solvency
38.5%▲
2023 · 17.7%
Current ratio
1.35▲
2023 · 0.96
Quick ratio
1.35▲
2023 · 0.96
Debt / equity
1.60▼
2023 · 4.64
ROE
87.1%▲
2023 · -64.9%
ROA
33.5%▲
2023 · -11.5%
Interest coverage
62.37▲
2023 · 3.10
Debt
€19k▲
2023 · €7k
Debt ≤ 1 year
€17k▲
2023 · €7k
Income taxes
€6k▲
2023 · €1k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€9k€31k▲
Fixed assets21/28€2k€7k▲
Tangible fixed assets22/27€2k€7k▲
Plant, machinery and equipment23€775€6k▲
Furniture and vehicles24€1k€819▼
Current assets29/58€7k€23k▲
Amounts receivable within one year40/41€6k€18k▲
Trade receivables40€1k€11k▲
Other amounts receivable41€5k€6k▲
Cash at bank and in hand54/58€538€5k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€9k€31k▲
Equity10/15€2k€12k▲
Contributions10/11€3k€3k=
Reserves13-€9k
Distributable reserves133-€9k
Profit (loss) carried forward14€-984€0▲
Amounts payable17/49€7k€19k▲
Amounts payable within one year42/48€7k€17k▲
Trade debts44€2k€9k▲
Suppliers440/4€2k€9k▲
Taxes, remuneration and social security45€5k€9k▲
Taxes450/3€5k€9k▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€434€1k▲
Other operating charges640/8€674€1k▲
Gross operating margin9900€1k€18k▲
Operating profit (loss)9901€23€15k▲
Financial income75/76B€173€698▲
Recurring financial income75€173€698▲
Financial charges65/66B€148€269▲
Recurring financial charges65€148€269▲
Profit (loss) for the period before taxes9903€49€16k▲
Income taxes67/77€1k€6k▲
Profit (loss) for the period9904€-984€10k▲
Profit (loss) for the period to be appropriated9905€-984€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-984€9k▲
Profit (loss) brought forward from the previous period14P-€-984
Transfer to equity691/2-€9k
To other reserves6921-€9k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
13-07
NBB filing
Annual accounts filed
fiscal year 2023 · 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, Laarne · 2 establishment units since 2023
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.
Zandvleuge 29270 LaarneGround area
2,494 m²
Building footprint
1,233 m²
Volume, LiDAR
10,699 m³
2 parcels, Flanders · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Liz-Art
since 20232.340.949.894
Dendermondesteenweg 475, 9070 Destelbergen
since 20252.384.894.557
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42009C0832/00E000 | Flanders | 2,066 m² | 1 · 806 m² | 14.7 m · 4 fl. |
| 44013B0282/00C000 | Flanders | 428 m² | 1 · 428 m² | 9.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 8,304 companies in sector 90201 we hold annual accounts for 601. 372 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-01-2023
Fiscal year end31-12
Activities, NACEBEL
47553Retail trade
90201Performing arts by independent artists
82990Other business support services
85520Cultural education
90021Arts creation and performing arts activities
90029Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
90399Other support activities for arts and performing arts
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.