LS Piscine
ActiveThe computed 12-month bankruptcy probability of LS Piscine is 3.7% (moderate). The 2025 annual accounts show equity of €239k and a net result of €84k. Equity is growing by ~28.3% per year across the filed fiscal years. Its solvency ranks better than 46% of 7760 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-3
Solvency66▼-1
Growth78=
Track record94
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 1.72 against 2.09 in 2024; short-term debt: 29% and cash: 30.5% of total assets), but 59% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
41%
Return on assets
14.4%
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 13-08-2026, 13 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 · 4 filingsDeviation from the deadline
2025
13 d late
2024
35 d early
2023
30 d late
2022
57 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€84k▼ 8.2%
2024 · €92k
2022: €72k
2023: €42k
2024: €92k
2022 → 2025
Working capital
€122k▲ 12.0%
2024 · €109k
2022: €38k
2023: €36k
2024: €109k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€92k-€134k▲ 45.0%€226k▲ 68.5%€239k▲ 6.0%
Operating result€96k-€60k▼ 37.2%€128k▲ 114%€124k▼ 3.2%
Net result€72k-€42k▼ 42.5%€92k▲ 121%€84k▼ 8.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €584k
Fixed assets
€293k▼ 10.7%
Current assets
€291k▲ 39.5%
Equity and liabilities €584k
Equity
€239k▲ 6.0%
Debt
€345k▲ 10.9%
The debt ratio rises from 57.9% to 59.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€180k▲
2024 · €174k
Cash flow
€140k▲
2024 · €138k
Solvency
41.0%▼
2024 · 42.1%
Current ratio
1.72▼
2024 · 2.09
Quick ratio
1.20▼
2024 · 1.23
Debt / equity
1.44▲
2024 · 1.38
ROE
35.2%▼
2024 · 40.6%
ROA
14.4%▼
2024 · 17.1%
Interest coverage
11.77▼
2024 · 16.29
Debt
€345k▲
2024 · €311k
Debt ≤ 1 year
€169k▲
2024 · €100k
Debt > 1 year
€176k▼
2024 · €211k
Income taxes
€25k▼
2024 · €26k
Staff costs
€57k▲
2024 · €46k
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€537k€584k▲
Fixed assets21/28€328k€293k▼
Intangible fixed assets21€4k€5k▲
Tangible fixed assets22/27€323k€287k▼
Land and buildings22€62k€60k▼
Plant, machinery and equipment23€17k€17k▲
Furniture and vehicles24€57k€44k▼
Leasing and similar rights25€73k€57k▼
Other tangible fixed assets26€114k€109k▼
Financial fixed assets28€1k€2k▲
Current assets29/58€209k€291k▲
Stocks and contracts in progress3€86k€88k▲
Stocks30/36€86k€88k▲
Amounts receivable within one year40/41€35k€9k▼
Trade receivables40€23k€6k▼
Other amounts receivable41€12k€2k▼
Cash at bank and in hand54/58€82k€178k▲
Deferred charges and accrued income490/1€5k€16k▲
Equity and liabilities
Total equity and liabilities10/49€537k€584k▲
Equity10/15€226k€239k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€206k€219k▲
Amounts payable17/49€311k€345k▲
Amounts payable after more than one year17€211k€176k▼
Financial debts170/4€211k€176k▼
Amounts payable within one year42/48€100k€169k▲
Current portion of amounts payable after more than one year42€34k€35k▲
Financial debts43€7k€7k▼
Credit institutions430/8€7k€7k▼
Trade debts44€8k€22k▲
Suppliers440/4€8k€22k▲
Advances received on contracts in progress46€26k€850▼
Taxes, remuneration and social security45€22k€37k▲
Taxes450/3€18k€32k▲
Remuneration and social security454/9€4k€5k▲
Other amounts payable47/48€3k€66k▲
Accrued charges and deferred income492/3€192€157▼
Income statement
Code20242025
Remuneration, social security and pensions62€46k€57k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€56k▲
Other operating charges640/8€10k€7k▼
Non-recurring operating charges66A-€8k
Gross operating margin9900€230k€252k▲
Operating profit (loss)9901€128k€124k▼
Financial income75/76B€72€31▼
Recurring financial income75€72€31▼
Financial charges65/66B€11k€15k▲
Recurring financial charges65€11k€15k▲
Profit (loss) for the period before taxes9903€118k€109k▼
Income taxes67/77€26k€25k▼
Profit (loss) for the period9904€92k€84k▼
Profit (loss) for the period to be appropriated9905€92k€84k▼
Appropriation of the result
Profit (loss) to be appropriated9906€206k€290k▲
Profit (loss) brought forward from the previous period14P€114k€206k▲
Profit to be distributed694/7-€71k
Directors or managers695-€71k
Social balance
Average headcount (FTE)90871.91.8▼
The notes to these accounts (22 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
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 13 days late
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2022net €92k ▲121%
Operating result €128k, net result €92k, both a record.
31-12
Financial
Equity above €200kEq €226k ▲68.5%
3 profitable years in a row build equity to €226k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €42k ▼42.5%
Net result drops to €42k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €134k ▲45%
2 profitable years in a row build equity to €134k.
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Tellin · 3 establishment units since 2022
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 de Lesterny,Bure 186927 TellinGround area
8,009 m²
Building footprint
823 m²
Volume, LiDAR
5,079 m³
3 parcels, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
LS PISCINE
since 20222.328.086.310
LS Piscine
since 20222.338.216.078
LS Piscine
since 20242.356.276.587
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84025B0475/00Y000 | Wallonia | 3,015 m² | 1 · 503 m² | 9.0 m · 2 fl. |
| 84662A1670/00C000 | Wallonia | 2,848 m² | 1 · 159 m² | 7.6 m · 2 fl. |
| 84016B0663/00A000 | Wallonia | 2,146 m² | 1 · 160 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,658 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-01-2022
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:lspiscine.be
E-mail:info@lspiscine.be