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LK Services

Active
Private limited companyfounded 201411 yrs activeCarolus de Vischstraat 2, 8200 Brugge, BelgiumKBO/BCE: BE 0507.740.956

LK Services has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €200k and a net result of €46k. Equity is growing by ~79.1% per year across the filed fiscal years. Its solvency ranks better than 79% of 26056 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
93 / 100
Excellent▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+13
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 2.65 against 1.55 in 2023), and 32% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 11 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
20 d late
2023
29 d late
2022
32 d early
2021
62 d early
2020
18 d early
2019
91 d early
← before the deadline after the deadline →
neutral · 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 2024, micro schema

Equity
€200k▲ 29.7%
2023 · €154k
2018: €9k 2019: €7k 2020: €3k 2021: €47k 2022: €97k 2023: €154k
2018 → 2024
Total assets
€294k▲ 5.6%
2023 · €278k
2018: €48k 2019: €67k 2020: €23k 2021: €88k 2022: €167k 2023: €278k
2018 → 2024
Net result
€46k▼ 20.0%
2023 · €57k
2018: €4k 2019: €-9k 2020: €-4k 2021: €61k 2022: €50k 2023: €57k
2018 → 2024
Working capital
€133k▲ 134%
2023 · €57k
2018: €1k 2019: €-685 2020: €2k 2021: €48k 2022: €66k 2023: €57k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€3k-€47k▲ 1,722%€97k▲ 105%€154k▲ 59.1%€200k▲ 29.7%
Operating result€-1k-€67k€64k▼ 5.0%€76k▲ 18.9%€67k▼ 11.3%
Net result€-4k-€61k€50k▼ 18.9%€57k▲ 15.5%€46k▼ 20.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-25k€0€25k€50k€75kOperating result 2020: €-1k€-1kNet result 2020: €-4k€-4kOperating result 2021: €67k€67kNet result 2021: €61k€61kOperating result 2022: €64k€64kNet result 2022: €50k€50kOperating result 2023: €76k€76kNet result 2023: €57k€57kOperating result 2024: €67k€67kNet result 2024: €46k€46k20202021202220232024
The operating result falls in 2024; 2024 is 11% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €294k
Fixed assets €81k▼ 32.2%
Current assets €213k▲ 34.0%
Equity and liabilities €294k
Equity €200k▲ 29.7%
Debt €94k▼ 24.3%
The debt ratio falls from 44.7% to 32.0%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€90k
2023 · €95k
Cash flow
€69k
2023 · €76k
Solvency
68.0%
2023 · 55.3%
Current ratio
2.65
2023 · 1.55
Quick ratio
2.54
2023 · 1.49
Debt / equity
0.47
2023 · 0.81
ROE
22.9%
2023 · 37.1%
ROA
15.6%
2023 · 20.5%
Interest coverage
11.50
2023 · 35.63
Debt
€94k
2023 · €124k
Debt ≤ 1 year
€80k
2023 · €102k
Debt > 1 year
€9k
2023 · €16k
Income taxes
€14k
2023 · €16k
Staff costs
€34k
2023 · €33k
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€278k€294k
Fixed assets21/28€119k€81k
Tangible fixed assets22/27€99k€81k
Plant, machinery and equipment23€41k€31k
Furniture and vehicles24€46k€41k
Other tangible fixed assets26€12k€9k
Financial fixed assets28€20k€375
Current assets29/58€159k€213k
Stocks and contracts in progress3€7k€9k
Stocks30/36€7k€9k
Amounts receivable within one year40/41€40k€14k
Trade receivables40€30k€12k
Other amounts receivable41€10k€2k
Cash at bank and in hand54/58€112k€190k
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€278k€294k
Equity10/15€154k€200k
Contributions10/11€19k€19k=
Reserves13€135k€181k
Distributable reserves133€135k€181k
Amounts payable17/49€124k€94k
Amounts payable after more than one year17€16k€9k
Financial debts170/4€16k€9k
Amounts payable within one year42/48€102k€80k
Current portion of amounts payable after more than one year42€7k€7k
Trade debts44€35k€47k
Suppliers440/4€35k€47k
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€16k€27k
Taxes450/3€7k€11k
Remuneration and social security454/9€9k€15k
Other amounts payable47/48€45k€0
Accrued charges and deferred income492/3€6k€5k
Income statement Code20232024
Remuneration, social security and pensions62€33k€34k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€23k
Other operating charges640/8€893€3k
Non-recurring operating charges66A€485€0
Gross operating margin9900€130k€127k
Operating profit (loss)9901€76k€67k
Financial income75/76B-€45
Recurring financial income75-€45
Financial charges65/66B€3k€8k
Recurring financial charges65€3k€8k
Profit (loss) for the period before taxes9903€73k€59k
Income taxes67/77€16k€14k
Profit (loss) for the period9904€57k€46k
Profit (loss) for the period to be appropriated9905€57k€46k
Appropriation of the result
Profit (loss) to be appropriated9906€57k€46k
Transfer to equity691/2€57k€46k
To other reserves6921€57k€46k

The notes to these accounts (14 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

2025
20-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial Equity above €150kEq €154k ▲59.1%
3 profitable years in a row build equity to €154k.
29-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €61k
Net result €61k after 2 loss-making years.
31-12
Financial Liquidity doublescurrent ratio 2.43
Current ratio from 1.20 to 2.43.
13-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Weakest financial yearnet €-9k ▼313%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
28-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
27-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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, Brugge · 1 establishment unit since 2014
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.

Carolus de Vischstraat 28200 Brugge
Ground area
217 m²
Building footprint
102 m²
Volume, LiDAR
717 m³
Parcel 31027D0130/00F007, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LK Services
Carolus de Vischstraat 2, 8200 BruggeRetail trade
since 20142.239.039.023
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31027D0130/00F007 Flanders 217 m² 1 · 102 m² 10.3 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Brugge2.239.039.023
1 permission
Toelating · Ambulante eetgelegenheid · since 15-02-2022

Similar companies · same sector, comparable size

Of 3,810 companies in sector 47210 we hold annual accounts for 958. 704 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded24-12-2014
Fiscal year end31-12
Activities, NACEBEL
47210Retail sale of fruit and vegetables
47810Retail trade
58290Other software publishing
62010Computer programming, consultancy and related activities
62020IT consultancy
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.