LRN WTS
ActiveLRN WTS has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14k and a net result of €-4k. Its solvency ranks better than 50% of 1894 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency81=
Growth32
Track record82
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.2 against 2.8 in 2024; short-term debt: 44.1% and cash: 14.3% of total assets), and 44.1% 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+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
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
55.9%
Return on assets
-16.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 2 filingsDeviation from the deadline
2025
31 d late
2024
36 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k▼ 22.6%
2024 · €18k
2024: €18k
2024 → 2025
Total assets
€25k▼ 22.5%
2024 · €33k
2024: €33k
2024 → 2025
Net result
€-4k
2024 · €18k
2024: €18k
2024 → 2025
Working capital
€13k▼ 33.8%
2024 · €20k
2024: €20k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€18k-€14k▼ 22.6%
Operating result€23k-€-4k
Net result€18k-€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €23k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25k
Fixed assets
€779▼ 36.8%
Current assets
€25k▼ 21.9%
Equity and liabilities €25k
Equity
€14k▼ 22.6%
Debt
€11k▼ 22.3%
The debt ratio rises from 44.0% to 44.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-3k▼
2024 · €23k
Cash flow
€-4k▼
2024 · €18k
Solvency
55.9%▼
2024 · 56.0%
Current ratio
2.20▼
2024 · 2.80
Quick ratio
1.59▼
2024 · 2.37
Debt / equity
0.79▲
2024 · 0.78
ROE
-29.2%▼
2024 · 97.8%
ROA
-16.4%▼
2024 · 54.8%
Interest coverage
-14.43▼
2024 · 488.85
Debt
€11k▼
2024 · €14k
Debt ≤ 1 year
€11k▼
2024 · €11k
Income taxes
€0▼
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€33k€25k▼
Fixed assets21/28€1k€779▼
Tangible fixed assets22/27€1k€779▼
Plant, machinery and equipment23€1k€779▼
Current assets29/58€31k€25k▼
Stocks and contracts in progress3€5k€7k▲
Stocks30/36€5k€7k▲
Amounts receivable within one year40/41€22k€14k▼
Trade receivables40€20k€13k▼
Other amounts receivable41€2k€636▼
Cash at bank and in hand54/58€3k€4k▲
Deferred charges and accrued income490/1€2k€75▼
Equity and liabilities
Total equity and liabilities10/49€33k€25k▼
Equity10/15€18k€14k▼
Contributions10/11€400€400=
Reserves13€18k€18k=
Distributable reserves133€18k€18k=
Profit (loss) carried forward14-€-4k
Amounts payable17/49€14k€11k▼
Amounts payable within one year42/48€11k€11k▼
Trade debts44€4k€4k▲
Suppliers440/4€4k€4k▲
Taxes, remuneration and social security45€7k€7k▼
Taxes450/3€7k€7k▼
Accrued charges and deferred income492/3€3k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€127€453▲
Other operating charges640/8€429€120▼
Gross operating margin9900€23k€-3k▼
Operating profit (loss)9901€23k€-4k▼
Financial charges65/66B€47€239▲
Recurring financial charges65€47€239▲
Profit (loss) for the period before taxes9903€23k€-4k▼
Income taxes67/77€5k€0▼
Profit (loss) for the period9904€18k€-4k▼
Profit (loss) for the period to be appropriated9905€18k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€-4k▼
Transfer to equity691/2€18k€0▼
To other reserves6921€18k€0▼
The notes to these accounts (5 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Mortsel · 1 establishment unit since 2023
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.
Graaf Witgerstraat 192640 MortselGround area
280 m²
Building footprint
56 m²
Volume, LiDAR
370 m³
Parcel 11029A0201/00Z000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LRN WTS
since 20232.353.109.934
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11029A0201/00Z000 | Flanders | 280 m² | 1 · 56 m² | 8.3 m · 2 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
RJS Consulting
BE 1005.793.196
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MAD MEN
BE 0825.625.594
Sint-Martens-Latem · Eq €14k
Matsys Consulting
BE 0750.504.044
Etterbeek · Eq €14k
Savoir
BE 0757.963.938
Hechtel-Eksel · Eq €14k
CAPODISCO
BE 0726.569.194
Schoten · Eq €14k
Of 3,151 companies in sector 63920 we hold annual accounts for 1,522. 929 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-12-2023
Fiscal year end31-12
Activities, NACEBEL
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
47252Retail sale of beverages, general range
56210Event catering
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.