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LRX CONCEPT

Active
Private limited companyfounded 2024active for 2 yearsPlace du Petit Moulin 22, 7181 Seneffe, BelgiumKBO/BCE: BE 1014.093.428

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 17-07-2026 at the NBB

Turnover
≈ €80,000
Estimated: probably between €49,000 and €120,000
Total assets
€26,829
Net result
€20,786
Working capital
€15,013

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €26,829
Fixed assets €5,973
Current assets €20,856
Equity and liabilities €26,829
Equity €20,986
Debt €5,843
Debt's share of the balance-sheet total is 21.8%.
Key figures and ratios
2025 value
EBITDA
€30,507
Cash flow
€23,116
Current ratio
3.57
Debt to equity
0.28
ROE
99.0%
ROA
77.5%
Interest coverage
19.78
Debt ≤ 1 year
€5,843
Income taxes
€5,900

Investments

fixed assets acquired
Item2025
Tangible fixed assets€2,809
Intangible fixed assets€4,300
Depreciation and write-downs of the year€2,331

Source: notes to the 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as LRX CONCEPT: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €25,400 and €31,600, founded between 2024 and 2025.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
LRX CONCEPT Seneffe2024€26,829€20,986€30,854-€20,7862025
HELP DOC SOLUTION Boussu2024€31,642€20,108€31,140-€14,9232025
QBIOCMC Ittre2024€28,282€21,328€29,281-€18,8282025
BEAM Invest Tremelo2024€25,410€24,333€30,521-€23,3332025
CAVELL Sint-Lambrechts-Woluwe2024€27,570€19,595€27,539-€19,4822025
NCRD SRL Aywaille2025€27,018€24,742€31,289-€24,6422025
CROWN & CIRCLE CONSULTANCY Sint-Lambrechts-Woluwe2024€28,784€22,954€27,902€48,874€22,4802025

They were chosen from the 54,693 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 39,278 companies had the same profile as LRX CONCEPT has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% was still going

The bankruptcy probability of LRX CONCEPT itself is lower: 0.1% within 12 months. It rests on far more data about LRX CONCEPT than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for LRX CONCEPT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 34 lines

Source: Annual accounts 2025 at the NBB, filed on 17-07-2026.

Balance sheet Code2025
Assets
Total assets20/58€26,829
Fixed assets21/28€5,973
Intangible fixed assets21€3,641
Tangible fixed assets22/27€2,331
Furniture and vehicles24€2,331
Current assets29/58€20,856
Amounts receivable within one year40/41€16,836
Trade receivables40€7,514
Other amounts receivable41€9,322
Cash at bank and in hand54/58€1,666
Deferred charges and accrued income490/1€2,354
Equity and liabilities
Total equity and liabilities10/49€26,829
Equity10/15€20,986
Contributions10/11€200
Profit (loss) carried forward14€20,786
Amounts payable17/49€5,843
Amounts payable within one year42/48€5,843
Trade debts44€3,181
Suppliers440/4€3,181
Taxes, remuneration and social security45€2,662
Taxes450/3€2,662
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,331
Other operating charges640/8€346
Gross operating margin9900€30,854
Operating profit (loss)9901€28,177
Financial income75/76B€52
Recurring financial income75€52
Financial charges65/66B€1,542
Recurring financial charges65€1,542
Profit (loss) for the period before taxes9903€26,686
Income taxes67/77€5,900
Profit (loss) for the period9904€20,786
Profit (loss) for the period to be appropriated9905€20,786
Appropriation of the result
Profit (loss) to be appropriated9906€20,786

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,331
Other operating charges640/8€346
Gross operating margin9900€30,854
Operating profit (loss)9901€28,177
Financial income75/76B€52
Recurring financial income75€52
Financial charges65/66B€1,542
Recurring financial charges65€1,542
Profit (loss) for the period before taxes9903€26,686
Income taxes67/77€5,900
Profit (loss) for the period9904€20,786
Profit (loss) for the period to be appropriated9905€20,786
Line2025
Assets
Total assets20/58€26,829
Fixed assets21/28€5,973
Intangible fixed assets21€3,641
Tangible fixed assets22/27€2,331
Furniture and vehicles24€2,331
Current assets29/58€20,856
Amounts receivable within one year40/41€16,836
Trade receivables40€7,514
Other amounts receivable41€9,322
Cash at bank and in hand54/58€1,666
Deferred charges and accrued income490/1€2,354
Equity and liabilities
Total equity and liabilities10/49€26,829
Equity10/15€20,986
Contributions10/11€200
Profit (loss) carried forward14€20,786
Amounts payable17/49€5,843
Amounts payable within one year42/48€5,843
Trade debts44€3,181
Suppliers440/4€3,181
Taxes, remuneration and social security45€2,662
Taxes450/3€2,662
Line2025
Profit (loss) for the period9904€20,786
+ Depreciation and write-downs630€2,331
Operating cash flow (approximation)€23,116

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 17-07-2026 2026-00306098 NBB

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