LKVF
ActiveSummary
The computed 12-month bankruptcy probability of LKVF is 3.3% (moderate). The 2025 annual accounts show equity of €91k and a net result of €47k. Equity is growing by ~99.1% per year across the filed fiscal years. Its solvency ranks better than 46% of 18400 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-4
Solvency54▲+14
Growth85=
Track record94
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.17 in 2024; short-term debt: 70.9% and cash: 14.5% of total assets), and 70.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
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
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
29.1%
Return on assets
14.9%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-12-2025, 38 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
38 d early
2024
45 d early
2023
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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€4.72M▲ 37.0%
2024 · €3.45M
2023: €1.93Mlowest in 3 years
2024: €3.45M▲ +78.3% vs 2023
2025: €4.72M▲ +37.0% vs 2024highest in 3 years
2023 → 2025
EBIT margin
1.2%=
2024 · 1.2%
2023: -0.9%lowest in 3 years
2024: 1.2%▲ +239% vs 2023highest in 3 years
2025: 1.2%▼ -0.8% vs 2024
2023 → 2025
Net result
€47k▲ 14.3%
2024 · €41k
2023: €-17klowest in 3 years
2024: €41k▲ +345% vs 2023
2025: €47k▲ +14.3% vs 2024highest in 3 years
2023 → 2025
Working capital
€90k▲ 106%
2024 · €44k
2023: €3klowest in 3 years
2024: €44k▲ +1211% vs 2023
2025: €90k▲ +106% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€1.93M-€3.45M▲ 78.3%€4.72M▲ 37.0%
2023: €1.93Mlowest in 3 years
2024: €3.45M▲ +78.3% vs 2023
2025: €4.72M▲ +37.0% vs 2024highest in 3 years
Equity€3k-€44k▲ 1,231%€91k▲ 106%
2023: €3klowest in 3 years
2024: €44k▲ +1231% vs 2023
2025: €91k▲ +106% vs 2024highest in 3 years
Operating result€-17k-€41k€56k▲ 35.8%
2023: €-17klowest in 3 years
2024: €41k▲ +349% vs 2023
2025: €56k▲ +35.8% vs 2024highest in 3 years
Net result€-17k-€41k€47k▲ 14.3%
2023: €-17klowest in 3 years
2024: €41k▲ +345% vs 2023
2025: €47k▲ +14.3% vs 2024highest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 36% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €313k
Fixed assets
€1k ▼ 29.9%
Current assets
€311k ▲ 3.4%
Equity and liabilities €313k
Equity
€91k ▲ 106%
Debt
€222k ▼ 14.3%
Debt's share of the balance-sheet total falls from 85.4% to 70.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€57k
Cash flow
€47k
Current ratio
1.40▲
2024 · 1.17
Quick ratio
0.66▲
2024 · 0.22
Debt to equity
2.44▼
2024 · 5.86
ROE
51.4%▼
2024 · 92.5%
ROA
14.9%▲
2024 · 13.5%
Interest coverage
90.13
Debt ≤ 1 year
€222k▼
2024 · €258k
Income taxes
€9k
Staff costs
€39k▲
2024 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€303k€313k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€301k€311k▲
Stocks and contracts in progress3€244k€165k▼
Stocks30/36€244k€165k▼
Amounts receivable within one year40/41€9k€100k▲
Trade receivables40€1k€92k▲
Other amounts receivable41€8k€8k=
Cash at bank and in hand54/58€47k€45k▼
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€303k€313k▲
Equity10/15€44k€91k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€24k€71k▲
Amounts payable17/49€259k€222k▼
Amounts payable within one year42/48€258k€222k▼
Trade debts44€131k€61k▼
Suppliers440/4€131k€61k▼
Advances received on contracts in progress46€111k€135k▲
Taxes, remuneration and social security45€17k€1k▼
Taxes450/3€12k€1k▼
Remuneration and social security454/9€4k-
Other amounts payable47/48-€25k
Accrued charges and deferred income492/3€1k-
Income statement
Code20242025
Turnover70€3.45M€4.72M▲
Goods, raw materials, services and sundry goods60/61€3.39M€4.57M▲
Remuneration, social security and pensions62€16k€39k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€584
Other operating charges640/8€63€129▲
Gross operating margin9900€57k€96k▲
Operating profit (loss)9901€41k€56k▲
Financial income75/76B€1€67▲
Recurring financial income75€1€67▲
Financial charges65/66B€496€630▲
Recurring financial charges65€496€630▲
Profit (loss) for the period before taxes9903€41k€56k▲
Income taxes67/77-€9k
Profit (loss) for the period9904€41k€47k▲
Profit (loss) for the period to be appropriated9905€41k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€71k▲
Profit (loss) brought forward from the previous period14P€-17k€24k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | €1.93M | €3.45M | €4.72M | ▲ 37.0% |
| Goods, raw materials, services and sundry goods60/61 | €1.95M | €3.39M | €4.57M | ▲ 35.0% |
| Remuneration, social security and pensions62 | - | €16k | €39k | ▲ 151% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €584 | - |
| Other operating charges640/8 | - | €63 | €129 | ▲ 104% |
| Gross operating margin9900 | €-17k | €57k | €96k | ▲ 68.6% |
| Operating profit (loss)9901 | €-17k | €41k | €56k | ▲ 35.8% |
| Financial income75/76B | €4 | €1 | €67 | ▲ 6,276% |
| Recurring financial income75 | €4 | €1 | €67 | ▲ 6,276% |
| Financial charges65/66B | €49 | €496 | €630 | ▲ 27.0% |
| Recurring financial charges65 | €49 | €496 | €630 | ▲ 27.0% |
| Profit (loss) for the period before taxes9903 | €-17k | €41k | €56k | ▲ 36.1% |
| Income taxes67/77 | - | - | €9k | - |
| Profit (loss) for the period9904 | €-17k | €41k | €47k | ▲ 14.3% |
| Profit (loss) for the period to be appropriated9905 | €-17k | €41k | €47k | ▲ 14.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €123k | €303k | €313k | ▲ 3.2% |
| Fixed assets21/28 | - | €2k | €1k | ▼ 29.9% |
| Tangible fixed assets22/27 | - | €2k | €1k | ▼ 29.9% |
| Furniture and vehicles24 | - | €2k | €1k | ▼ 29.9% |
| Current assets29/58 | €123k | €301k | €311k | ▲ 3.4% |
| Stocks and contracts in progress3 | €40k | €244k | €165k | ▼ 32.7% |
| Stocks30/36 | €40k | €244k | €165k | ▼ 32.7% |
| Amounts receivable within one year40/41 | €76k | €9k | €100k | ▲ 1,038% |
| Trade receivables40 | €75k | €1k | €92k | ▲ 8,305% |
| Other amounts receivable41 | €985 | €8k | €8k | = |
| Cash at bank and in hand54/58 | €6k | €47k | €45k | ▼ 2.5% |
| Deferred charges and accrued income490/1 | €821 | €1k | €1k | ▼ 14.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €123k | €303k | €313k | ▲ 3.2% |
| Equity10/15 | €3k | €44k | €91k | ▲ 106% |
| Contributions10/11 | €20k | €20k | €20k | = |
| Capital10 | €20k | - | - | - |
| Issued capital100 | €20k | - | - | - |
| Profit (loss) carried forward14 | €-17k | €24k | €71k | ▲ 193% |
| Amounts payable17/49 | €120k | €259k | €222k | ▼ 14.3% |
| Amounts payable within one year42/48 | €120k | €258k | €222k | ▼ 13.9% |
| Trade debts44 | €15k | €131k | €61k | ▼ 53.4% |
| Suppliers440/4 | €15k | €131k | €61k | ▼ 53.4% |
| Advances received on contracts in progress46 | €105k | €111k | €135k | ▲ 21.9% |
| Taxes, remuneration and social security45 | - | €17k | €1k | ▼ 93.5% |
| Taxes450/3 | - | €12k | €1k | ▼ 91.2% |
| Remuneration and social security454/9 | - | €4k | - | - |
| Other amounts payable47/48 | - | - | €25k | - |
| Accrued charges and deferred income492/3 | - | €1k | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-17k | €41k | €47k | ▲ 14.3% |
| + Depreciation and write-downs630 | - | - | €584 | - |
| Operating cash flow (approximation) | €-17k | €41k | €47k | ▲ 15.7% |
| Investment in fixed assets (approximation) | - | - | €-24 | - |
| Change in cash | - | €41k | €-1k | ▼ 103% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
24-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2023net €47k ▲14.3%
Operating result €56k, net result €47k, both a record.
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Back to profitnet €41k
Net result €41k after one loss-making year.
2023
19-12
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.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Brussel · 1 establishment unit since 2022
Ground area
3,406 m²
Building footprint
3,354 m²
Volume, LiDAR
88,937 m³
Parcel 21804D1424/00E002, Brussels · tallest building 35.3 m, ±9 floors. Linked by address, not a title deed.
300
companies at this address
See who is registered here
1 establishment unit
LKVF
since 20222.333.446.846
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21804D1424/00E002 | Brussels | 3,406 m² | 1 · 3,354 m² | 35.3 m · 9 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,957 companies in sector 47120 we hold annual accounts for 2,190. 1,523 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-07-2022
Fiscal year end30-06
Activities, NACEBEL 2025
47120Other non-specialised retail sale
47551Retail sale of household furniture
46150Agents in the wholesale of furniture, household goods and hardware
46180Agents specialised in the wholesale of other particular products
46820Wholesale trade
47770Retail sale of watches and jewellery
74999Other professional, scientific and technical activities
Scores and ratios are computed by Checked and are not a credit decision.