LNG-ASSOCIATES
ActiveLNG-ASSOCIATES has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €212k and a net result of €102k. Equity is shrinking by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 47% of 19348 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▲+3
Solvency53▼-9
Growth38▲+16
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.57 in 2023; short-term debt: 72.3% and cash: 60.2% of total assets), and 72.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
55 d late
2023
14 d late
2022
60 d late
2021
74 d late
2020
12 d late
2019
280 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€1.45M▲ 164%
2022 · €548k
2018: €1.08M
2019: €273k
2020: €467k
2021: €1.08M
2022: €548k
2018 → 2024
EBIT margin
10.1%▲ 10.6pp
2022 · -0.5%
2018: 26.1%
2019: 10.6%
2020: 5.1%
2021: 2.7%
2022: -0.5%
2018 → 2024
Net result
€102k▲ 347%
2023 · €23k
2018: €167k
2019: €29k
2020: €13k
2021: €8k
2022: €-3k
2023: €23k
2018 → 2024
Working capital
€208k▲ 11.7%
2023 · €186k
2018: €208k
2019: €332k
2020: €346k
2021: €335k
2022: €326k
2023: €186k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€467k-€1.08M▲ 131%€548k▼ 49.2%€1.45M
Equity€349k-€339k▼ 2.8%€336k▼ 0.8%€191k▼ 43.0%€212k▲ 10.5%
Operating result€24k-€30k▲ 24.2%€-3k€40k€147k▲ 268%
Net result€13k-€8k▼ 34.8%€-3k€23k€102k▲ 347%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 268% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €763k
Fixed assets
€3k▼ 33.3%
Current assets
€760k▲ 48.7%
Equity and liabilities €763k
Equity
€212k▲ 10.5%
Debt
€552k▲ 70.0%
The debt ratio rises from 62.9% to 72.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€148k▲
2023 · €44k
Cash flow
€103k▲
2023 · €27k
Solvency
27.7%▼
2023 · 37.1%
Current ratio
1.38▼
2023 · 1.57
Quick ratio
1.38▼
2023 · 1.57
Debt / equity
2.61▲
2023 · 1.70
ROE
48.0%▲
2023 · 11.9%
ROA
13.3%▲
2023 · 4.4%
Interest coverage
90.29▲
2023 · 15.66
Debt
€552k▲
2023 · €325k
Debt ≤ 1 year
€552k▲
2023 · €325k
Income taxes
€43k▲
2023 · €14k
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€516k€763k▲
Fixed assets21/28€5k€3k▼
Tangible fixed assets22/27€2k-
Furniture and vehicles24€2k-
Financial fixed assets28€3k€3k=
Current assets29/58€511k€760k▲
Amounts receivable within one year40/41€260k€300k▲
Trade receivables40€156k€211k▲
Other amounts receivable41€104k€89k▼
Cash at bank and in hand54/58€251k€460k▲
Equity and liabilities
Total equity and liabilities10/49€516k€763k▲
Equity10/15€191k€212k▲
Contributions10/11€19k€19k=
Reserves13€15k€15k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€13k€13k=
Profit (loss) carried forward14€158k€178k▲
Amounts payable17/49€325k€552k▲
Amounts payable within one year42/48€325k€552k▲
Trade debts44€109k€249k▲
Suppliers440/4€109k€249k▲
Taxes, remuneration and social security45€56k€96k▲
Taxes450/3€56k€96k▲
Other amounts payable47/48€159k€207k▲
Income statement
Code20232024
Turnover70-€1.45M
Goods, raw materials, services and sundry goods60/61-€1.23M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8€4k€65k▲
Gross operating margin9900€49k€213k▲
Operating profit (loss)9901€40k€147k▲
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€37k€145k▲
Income taxes67/77€14k€43k▲
Profit (loss) for the period9904€23k€102k▲
Profit (loss) for the period to be appropriated9905€23k€102k▲
Appropriation of the result
Profit (loss) to be appropriated9906€158k€260k▲
Profit (loss) brought forward from the previous period14P€136k€158k▲
Transfer from equity791/2€167k-
Profit to be distributed694/7€167k€82k▼
Return on contributions (dividend)694€167k€82k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
31-12
Financial
Equity above €200kEq €212k ▲10.5%
2 profitable years in a row build equity to €212k.
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Weakest financial yearnet €-3k ▼134%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
07-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 280 days late
2020
31-12
Financial
Liquidity times 5current ratio 13.99
Current ratio from 3.02 to 13.99; short-term debt falls from €164k to €27k.
22-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 419 days late
2019
03-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 307 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 1999
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 du Bosquet 151348 Ottignies-Louvain-la-NeuveGround area
6,041 m²
Building footprint
1,550 m²
Volume, LiDAR
6,634 m³
Parcel 25384B0036/00N000, Wallonia · tallest building 5.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
LNG-ASSOCIATES
since 19992.059.396.706
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25384B0036/00N000 | Wallonia | 6,041 m² | 1 · 1,550 m² | 5.6 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.
Similar companies · same sector, comparable size
BG SERVICES
BE 0436.556.715
Ukkel · Eq €211k
W IMMOBILIERE
BE 1023.565.873
Arlon · Eq €211k
CORIUM
BE 0422.219.224
Lebbeke · Eq €211k
VASTGOED BAERT
BE 0471.303.105
Nieuwpoort · Eq €212k
EV Antwerpen-Zuid
BE 0728.972.618
Edegem · Eq €212k
Of 11,751 companies in sector 68310 we hold annual accounts for 6,908. 5,154 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-10-1992
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 25 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.