LNero
ActiveLNero has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32k and a net result of €9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 57% of 7687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
93
/ 100
Excellent▲ +4 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency95▲+33
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 1.21 in 2024), and 40.3% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
59.7%
Return on assets
17.4%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €32k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 8 filingsDeviation from the deadline
2025
30 d late
2024
on the day
2023
23 d early
2022
30 d late
2021
9 d early
2020
26 d early
2019
37 d early
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€32k▲ 41.2%
2024 · €23k
2018: €11k
2019: €15k
2020: €29k
2021: €14k
2022: €-133
2023: €4k
2024: €23k
2018 → 2025
Total assets
€54k▼ 12.9%
2024 · €62k
2018: €47k
2019: €55k
2020: €68k
2021: €41k
2022: €50k
2023: €44k
2024: €62k
2018 → 2025
Net result
€9k▼ 49.0%
2024 · €19k
2018: €4k
2019: €5k
2020: €14k
2021: €-14k
2022: €-15k
2023: €5k
2024: €19k
2018 → 2025
Working capital
€19k▲ 125%
2024 · €8k
2018: €4k
2019: €8k
2020: €25k
2021: €12k
2022: €-3k
2023: €3k
2024: €8k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€14k-€-133€4k€23k▲ 420%€32k▲ 41.2%
Operating result€-14k-€-14k▼ 2.2%€5k€24k▲ 374%€15k▼ 38.5%
Net result€-14k-€-15k▼ 0.6%€5k€19k▲ 308%€9k▼ 49.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 38% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54k
Fixed assets
€14k▼ 5.6%
Current assets
€40k▼ 15.2%
Equity and liabilities €54k
Equity
€32k▲ 41.2%
Debt
€22k▼ 44.5%
The debt ratio falls from 63.2% to 40.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€17k▼
2024 · €25k
Cash flow
€12k▼
2024 · €19k
Solvency
59.7%▲
2024 · 36.8%
Current ratio
1.85▲
2024 · 1.21
Quick ratio
1.85▲
2024 · 1.21
Debt / equity
0.68▼
2024 · 1.72
ROE
29.2%▼
2024 · 80.8%
ROA
17.4%▼
2024 · 29.7%
Interest coverage
61.04▲
2024 · 41.73
Debt
€22k▼
2024 · €39k
Debt ≤ 1 year
€22k▼
2024 · €39k
Income taxes
€5k▲
2024 · €5k
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€62k€54k▼
Fixed assets21/28€15k€14k▼
Tangible fixed assets22/27€14k€13k▼
Plant, machinery and equipment23€306€0▼
Furniture and vehicles24€922€495▼
Other tangible fixed assets26€13k€13k▼
Financial fixed assets28€450€450=
Current assets29/58€48k€40k▼
Amounts receivable within one year40/41€27k€36k▲
Trade receivables40€26k€23k▼
Other amounts receivable41€943€12k▲
Cash at bank and in hand54/58€18k€2k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€62k€54k▼
Equity10/15€23k€32k▲
Contributions10/11€6k€6k=
Reserves13€23k€26k▲
Distributable reserves133€23k€26k▲
Profit (loss) carried forward14€-6k€0▲
Amounts payable17/49€39k€22k▼
Amounts payable within one year42/48€39k€22k▼
Financial debts43€987€257▼
Credit institutions430/8€987€257▼
Trade debts44€30k€9k▼
Suppliers440/4€30k€9k▼
Taxes, remuneration and social security45€9k€13k▲
Taxes450/3€8k€13k▲
Remuneration and social security454/9€1k€0▼
Other amounts payable47/48€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€786€2k▲
Other operating charges640/8€7k€3k▼
Gross operating margin9900€31k€20k▼
Operating profit (loss)9901€24k€15k▼
Financial income75/76B€4€1▼
Recurring financial income75€4€1▼
Financial charges65/66B€594€276▼
Recurring financial charges65€594€276▼
Profit (loss) for the period before taxes9903€23k€15k▼
Income taxes67/77€5k€5k▲
Profit (loss) for the period9904€19k€9k▼
Profit (loss) for the period to be appropriated9905€19k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€3k▲
Profit (loss) brought forward from the previous period14P€-25k€-6k▲
Transfer to equity691/2-€3k
To other reserves6921-€3k
The notes to these accounts (14 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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €19k ▲308%
Operating result €24k, net result €19k, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · 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, Pajottegem · 1 establishment unit since 2017
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.
Berghomstraat 221755 PajottegemGround area
894 m²
Building footprint
135 m²
Volume, LiDAR
593 m³
Parcel 23040D0033/00R000, Flanders · tallest building 9.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
LNero
since 20172.264.566.651
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23040D0033/00R000 | Flanders | 894 m² | 1 · 135 m² | 9.5 m · 1 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 1,800 EUR awarded · 2,055 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 1,800 EUR |
| 2023 | 1 | 1,800 EUR | 255 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,424 companies in sector 82990 we hold annual accounts for 9,361. 6,416 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-05-2017
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
01430Raising of horses and other equines
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43331Floor and wall tiling
43332Laying of wooden floor and wall coverings
43333Wallpapering and laying of floor and wall coverings in other materials
43910Bricklaying and masonry work
43994Specialised construction activities
45204
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
70200Business and other management consultancy
70220Business consulting
95240Repair and maintenance of furniture and upholstery
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.