LS INVEST
ActiveLS INVEST has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €216k and a net result of €52k. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 43% of 3168 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +32 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+59
Solvency89▲+34
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 0.89 in 2024), but 55.8% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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
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
44.2%
Return on assets
10.6%
Age of the figures
8 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 27-08-2026, 27 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
27 d late
2024
25 d late
2023
28 d late
2022
31 d late
2021
26 d late
2020
30 d late
2019
31 d late
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€52k▲ 283%
2024 · €14k
2018: €11k
2019: €8k
2020: €301
2021: €20k
2022: €9k
2023: €9k
2024: €14k
2018 → 2025
Working capital
€57k
2024 · €-7k
2018: €-46k
2019: €-56k
2020: €-103k
2021: €-80k
2022: €-74k
2023: €-43k
2024: €-7k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€133k-€142k▲ 6.5%€151k▲ 6.2%€164k▲ 9.0%€216k▲ 31.7%
Operating result€39k-€24k▼ 37.9%€26k▲ 6.5%€34k▲ 32.1%€86k▲ 154%
Net result€20k-€9k▼ 56.3%€9k▲ 1.0%€14k▲ 54.5%€52k▲ 283%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 154% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €488k
Fixed assets
€379k▼ 3.0%
Current assets
€109k▲ 103%
Equity and liabilities €488k
Equity
€216k▲ 31.7%
Debt
€272k▼ 2.9%
The debt ratio falls from 63.1% to 55.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€111k▲
2024 · €58k
Cash flow
€76k▲
2024 · €38k
Solvency
44.2%▲
2024 · 36.9%
Current ratio
2.08▲
2024 · 0.89
Quick ratio
2.08▲
2024 · 0.89
Debt / equity
1.26▼
2024 · 1.71
ROE
24.1%▲
2024 · 8.3%
ROA
10.6%▲
2024 · 3.0%
Interest coverage
8.08▲
2024 · 4.22
Debt
€272k▼
2024 · €281k
Debt ≤ 1 year
€52k▼
2024 · €61k
Debt > 1 year
€220k=
2024 · €220k
Income taxes
€20k▲
2024 · €7k
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€445k€488k▲
Fixed assets21/28€391k€379k▼
Tangible fixed assets22/27€391k€379k▼
Land and buildings22€369k€351k▼
Plant, machinery and equipment23€16k€24k▲
Furniture and vehicles24€6k€4k▼
Current assets29/58€54k€109k▲
Amounts receivable within one year40/41€47k€102k▲
Trade receivables40€47k€102k▲
Cash at bank and in hand54/58€6k€8k▲
Deferred charges and accrued income490/1€50€51▲
Equity and liabilities
Total equity and liabilities10/49€445k€488k▲
Equity10/15€164k€216k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€97k€148k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€91k€142k▲
Profit (loss) carried forward14€5k€6k▲
Amounts payable17/49€281k€272k▼
Amounts payable after more than one year17€220k€220k=
Other amounts payable178/9€220k€220k=
Amounts payable within one year42/48€61k€52k▼
Current portion of amounts payable after more than one year42€3k-
Trade debts44€18k€2k▼
Suppliers440/4€18k€2k▼
Taxes, remuneration and social security45€16k€30k▲
Taxes450/3€16k€30k▲
Other amounts payable47/48€23k€20k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€25k▲
Other operating charges640/8€5k€4k▼
Gross operating margin9900€63k€115k▲
Operating profit (loss)9901€34k€86k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€14k€14k▼
Recurring financial charges65€14k€14k▼
Profit (loss) for the period before taxes9903€20k€72k▲
Income taxes67/77€7k€20k▲
Profit (loss) for the period9904€14k€52k▲
Profit (loss) for the period to be appropriated9905€14k€52k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€57k▲
Profit (loss) brought forward from the previous period14P€5k€5k▲
Transfer to equity691/2€14k€51k▲
To other reserves6921€14k€51k▲
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
31-12
Financial
Highest result since 2018net €52k ▲283%
Operating result €86k, net result €52k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.08
Current ratio from 0.89 to 2.08; short-term debt falls from €61k to €52k.
31-12
Financial
Equity above €200kEq €216k ▲31.7%
8 profitable years in a row build equity to €216k.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 25 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
31-12
Financial
Equity above €150kEq €151k ▲6.2%
6 profitable years in a row build equity to €151k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 26 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €301 ▼96.1%
Net result drops to €301, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 23 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Enghien · 1 establishment unit since 2003
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.
Lindebosstraat(P.E.) 67850 EnghienGround area
6,624 m²
Building footprint
167 m²
Parcel 55033B0367/00Z000, Wallonia. Linked by address, not a title deed.
1 establishment unit
LSI Construct
since 20032.114.224.272
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55033B0367/00Z000 | Wallonia | 6,624 m² | 1 · 167 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.
Similar companies · same sector, comparable size
BEN-E
BE 0822.788.147
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POTIPOTAM
BE 0478.748.349
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ID IMPULSE
BE 0663.792.081
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Defranci
BE 0742.593.594
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RamaC
BE 0842.947.816
Tongeren-Borgloon · Eq €216k
Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 39,404 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded11-10-2002
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 23 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.