LN-SQUARED
ActiveThe computed 12-month bankruptcy probability of LN-SQUARED is 1.7% (moderate). The 2025 annual accounts show negative equity (€-16k) and a net result of €-32k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 4123 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
21
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▼-1
Solvency0▼-63
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.35 against 0.83 in 2024; short-term debt: 122.2% and cash: 8.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-45.7%
Return on assets
-93%
Age of the figures
15 mo
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 dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-16k
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 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
29 d early
2023
22 d early
2022
42 d early
2021
45 d early
2020
44 d early
2019
25 d early
← before the deadline
after the deadline →
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 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-32k▼ 84.7%
2024 · €-17k
2019: €-52
2020: €10k
2021: €13k
2022: €14k
2023: €6k
2024: €-17k
2019 → 2025
Working capital
€-27k▼ 999%
2024 · €-2k
2019: €-5k
2020: €5k
2021: €19k
2022: €24k
2023: €18k
2024: €-2k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€33k▲ 77.6%€34k▲ 1.5%€16k▼ 51.5%€-16k
Operating result€16k-€38k▲ 135%€37k▼ 3.4%€825▼ 97.8%€5k▲ 516%
Net result€13k-€14k▲ 9.0%€6k▼ 62.1%€-17k€-32k▼ 84.7%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 516% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets
€20k▼ 36.6%
Current assets
€15k▲ 25.4%
Key figures and ratios
EBITDA
€16k▲
2024 · €11k
Cash flow
€-21k▼
2024 · €-7k
Solvency
-45.7%▼
2024 · 38.1%
Current ratio
0.35▼
2024 · 0.83
Quick ratio
0.35▼
2024 · 0.83
Debt / equity
-3.19▼
2024 · 1.62
ROA
-93.0%▼
2024 · -40.5%
Interest coverage
0.45▼
2024 · 0.61
Debt
€50k▲
2024 · €26k
Debt ≤ 1 year
€42k▲
2024 · €14k
Debt > 1 year
€8k▼
2024 · €12k
Income taxes
€469▼
2024 · €522
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€43k€34k▼
Fixed assets21/28€31k€20k▼
Tangible fixed assets22/27€31k€20k▼
Land and buildings22€5k€5k▼
Furniture and vehicles24€26k€15k▼
Current assets29/58€12k€15k▲
Amounts receivable within one year40/41€2k€8k▲
Trade receivables40-€4k
Other amounts receivable41€2k€5k▲
Cash at bank and in hand54/58€7k€3k▼
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€43k€34k▼
Equity10/15€16k€-16k▼
Contributions10/11€8k€8k=
Reserves13€500€500=
Distributable reserves133€500€500=
Profit (loss) carried forward14€8k€-24k▼
Amounts payable17/49€26k€50k▲
Amounts payable after more than one year17€12k€8k▼
Financial debts170/4€12k€8k▼
Amounts payable within one year42/48€14k€42k▲
Current portion of amounts payable after more than one year42€10k€4k▼
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Other amounts payable47/48€544€31k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲
Other operating charges640/8€690€821▲
Gross operating margin9900€11k€17k▲
Operating profit (loss)9901€825€5k▲
Financial charges65/66B€18k€37k▲
Recurring financial charges65€18k€37k▲
Profit (loss) for the period before taxes9903€-17k€-32k▼
Income taxes67/77€522€469▼
Profit (loss) for the period9904€-17k€-32k▼
Profit (loss) for the period to be appropriated9905€-17k€-32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€-24k▼
Profit (loss) brought forward from the previous period14P€25k€8k▼
The notes to these accounts (6 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series.
02-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
09-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
30-06
Financial
Highest result since 2019net €14k ▲9%
Operating result €38k, net result €14k, both a record.
2021
17-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
30-06
Financial
Liquidity triplescurrent ratio 3.93
Current ratio from 1.27 to 3.93; short-term debt falls from €20k to €6k.
2020
18-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
30-06
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
30-06
Financial
Liquidity times 9current ratio 1.27
Current ratio from 0.15 to 1.27.
06-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
01-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 1 day late
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, Seneffe · 1 establishment unit since 2014
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.
Rue des Quatre Jalouses 47181 SeneffeGround area
202 m²
Building footprint
63 m²
Parcel 52020C0435/00H009, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue des Quatre Jalouses 4, 7181 Seneffe
since 20142.235.840.003
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52020C0435/00H009 | Wallonia | 202 m² | 1 · 63 m² | - |
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
Legal Entity Identifier
254900I59PQH8S38YZ41
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Of 12,979 companies in sector 47120 we hold annual accounts for 2,186. 1,354 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-10-2014
Fiscal year end30-06
Activities, NACEBEL
47120Other non-specialised retail sale
47910Retail trade
62020IT consultancy
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
86905Human health activities
86951Physiotherapy
Sources
Crossroads Bank for EnterprisesNational Bank · 11 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.