LLEC
ActiveSummary
LLEC has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111,684 and a net result of €222. Equity is growing by ~16.8% per year across the filed fiscal years. Its solvency ranks better than 35% of 8737 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability39▼-24
Solvency60▲+9
Growth78=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity short (current ratio 0.37 against 0.68 in 2024; short-term debt: 49.5% and cash: 1% of total assets), and 65.1% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
34.9%
Return on assets
0.1%
Age of the figures
9 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
1 d early
2024
19 d late
2023
30 d late
2022
25 d late
2021
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 21 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€222▼ 97.1%
2024 · €7,578
Working capital
-€99,040▼ 28.7%
2024 · -€76,951
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€35,032-€18,995€29,883▲ 57.3%€13,342▼ 55.4%€2,845▼ 78.7%
Net result-€35,986below the sector's middle half-€14,997within the sector's middle half€24,873within the sector's middle half▲ 65.9%€7,578within the sector's middle half▼ 69.5%€222below the sector's middle half▼ 97.1%
Equity€64,014within the sector's middle half-€79,011below the sector's middle half▲ 23.4%€103,884within the sector's middle half▲ 31.5%€111,462within the sector's middle half▲ 7.3%€111,684within the sector's middle half▲ 0.2%
Total assets€348,590within the sector's middle half-€333,721below the sector's middle half▼ 4.3%€358,503within the sector's middle half▲ 7.4%€429,737within the sector's middle half▲ 19.9%€320,172within the sector's middle half▼ 25.5%
Debt€284,576-€254,710▼ 10.5%€254,619=€318,275▲ 25.0%€208,488▼ 34.5%
Working capital-€42,844--€51,981▼ 21.3%-€51,682▲ 0.6%-€76,951▼ 48.9%-€99,040▼ 28.7%
Solvency18.4%below the sector's middle half-23.7%within the sector's middle half▲ 5.3pp29.0%within the sector's middle half▲ 5.3pp25.9%within the sector's middle half▼ 3.0pp34.9%within the sector's middle half▲ 8.9pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 79% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €320,172
Fixed assets
€260,859 ▼ 1.2%
Current assets
€59,313 ▼ 64.2%
Equity and liabilities €320,172
Equity
€111,684 ▲ 0.2%
Debt
€208,488 ▼ 34.5%
Debt's share of the balance-sheet total falls from 74.1% to 65.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€6,011▼
2024 · €15,016
Cash flow
€3,388▼
2024 · €9,252
Current ratio
0.37▼
2024 · 0.68
Debt to equity
1.87▼
2024 · 2.86
ROE
0.2%▼
2024 · 6.8%
ROA
0.1%▼
2024 · 1.8%
Interest coverage
2.44▼
2024 · 5.05
Debt ≤ 1 year
€158,352▼
2024 · €242,662
Debt > 1 year
€50,136▼
2024 · €75,613
Income taxes
€158▼
2024 · €2,850
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €22,057 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €1,674 | €3,167 | ▲ 89.2% |
| Other operating charges640/8 | - | €823 | €394 | - | €960 | - |
| Gross operating margin9900 | -€35,032 | €19,819 | €30,277 | €15,016 | €6,971 | ▼ 53.6% |
| Operating profit (loss)9901 | -€35,032 | €18,995 | €29,883 | €13,342 | €2,845 | ▼ 78.7% |
| Financial income75/76B | - | - | - | €57 | - | - |
| Recurring financial income75 | - | - | - | €57 | - | - |
| Financial charges65/66B | €954 | €3,998 | €3,652 | €2,971 | €2,465 | ▼ 17.0% |
| Recurring financial charges65 | €954 | €3,998 | €3,652 | €2,971 | €2,465 | ▼ 17.0% |
| Profit (loss) for the period before taxes9903 | -€35,986 | €14,997 | €26,231 | €10,428 | €380 | ▼ 96.4% |
| Income taxes67/77 | - | - | €1,358 | €2,850 | €158 | ▼ 94.5% |
| Profit (loss) for the period9904 | -€35,986 | €14,997 | €24,873 | €7,578 | €222 | ▼ 97.1% |
| Profit (loss) for the period to be appropriated9905 | -€35,986 | €14,997 | €24,873 | €7,578 | €222 | ▼ 97.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €348,590 | €333,721 | €358,503 | €429,737 | €320,172 | ▼ 25.5% |
| Fixed assets21/28 | €256,200 | €256,200 | €256,200 | €264,026 | €260,859 | ▼ 1.2% |
| Tangible fixed assets22/27 | - | - | - | €7,826 | €4,659 | ▼ 40.5% |
| Plant, machinery and equipment23 | - | - | - | €7,826 | €4,659 | ▼ 40.5% |
| Financial fixed assets28 | €256,200 | €256,200 | €256,200 | €256,200 | €256,200 | = |
| Current assets29/58 | €92,390 | €77,521 | €102,303 | €165,711 | €59,313 | ▼ 64.2% |
| Amounts receivable within one year40/41 | €86,493 | €42,519 | €97,055 | €165,410 | €55,965 | ▼ 66.2% |
| Trade receivables40 | €73,493 | €29,519 | €87,055 | €161,398 | €51,706 | ▼ 68.0% |
| Other amounts receivable41 | €13,000 | €13,000 | €10,000 | €4,012 | €4,259 | ▲ 6.2% |
| Cash at bank and in hand54/58 | €5,897 | €35,002 | €5,247 | €301 | €3,348 | ▲ 1,012% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €348,590 | €333,721 | €358,503 | €429,737 | €320,172 | ▼ 25.5% |
| Equity10/15 | €64,014 | €79,011 | €103,884 | €111,462 | €111,684 | ▲ 0.2% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Capital10 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Issued capital100 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Reserves13 | - | - | €194 | €573 | €584 | ▲ 2.0% |
| Non-distributable reserves130/1 | - | - | €194 | €573 | €584 | ▲ 2.0% |
| Legal reserve130 | - | - | €194 | €573 | €584 | ▲ 2.0% |
| Profit (loss) carried forward14 | -€35,986 | -€20,989 | €3,690 | €10,889 | €11,099 | ▲ 1.9% |
| Amounts payable17/49 | €284,576 | €254,710 | €254,619 | €318,275 | €208,488 | ▼ 34.5% |
| Amounts payable after more than one year17 | €149,342 | €125,208 | €100,634 | €75,613 | €50,136 | ▼ 33.7% |
| Financial debts170/4 | €149,342 | €125,208 | €100,634 | €75,613 | €50,136 | ▼ 33.7% |
| Amounts payable within one year42/48 | €135,234 | €129,503 | €153,984 | €242,662 | €158,352 | ▼ 34.7% |
| Current portion of amounts payable after more than one year42 | €23,702 | €24,134 | €24,574 | €25,021 | €25,477 | ▲ 1.8% |
| Trade debts44 | €61,532 | €67,781 | €69,630 | €162,178 | €78,254 | ▼ 51.7% |
| Suppliers440/4 | €61,532 | €67,781 | €69,630 | €162,178 | €78,254 | ▼ 51.7% |
| Taxes, remuneration and social security45 | - | €3,087 | €9,723 | €2,850 | €3,008 | ▲ 5.5% |
| Taxes450/3 | - | €3,087 | €9,723 | €2,850 | €3,008 | ▲ 5.5% |
| Other amounts payable47/48 | €50,000 | €34,500 | €50,057 | €52,613 | €51,613 | ▼ 1.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€35,986 | €14,997 | €24,873 | €7,578 | €222 | ▼ 97.1% |
| + Depreciation and write-downs630 | - | - | - | €1,674 | €3,167 | ▲ 89.2% |
| Operating cash flow (approximation) | -€35,986 | €14,997 | €24,873 | €9,252 | €3,388 | ▼ 63.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€9,500 | €0 | ▲ 100% |
| Change in cash | - | €29,106 | -€29,755 | -€4,946 | €3,047 | ▲ 162% |
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
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 19 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2021net €24,873 ▲65.9%
Operating result €29,883, net result €24,873, both a record.
31-12
Financial
Equity above €100,000Eq €103,884 ▲31.5%
2 profitable years in a row build equity to €103,884.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 25 days late
2022
31-12
Financial
Back to profitnet €14,997
Net result €14,997 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Léglise
Ground area
2.0 ha
Parcel 84033D0991/00A000, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84033D0991/00A000 | Wallonia | 2.0 ha | - | - |
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.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2023 list no shareholders, and no other source names one.
Holdings 2
-
100%
-
100%
According to the 2023 annual accounts of LLEC and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 40,774 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded09-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0773715649
Registered
31-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.