LSADS
ActiveSummary
The computed 12-month bankruptcy probability of LSADS is 5.3% (elevated). The annual accounts of LSADS for fiscal year 2024 show a net loss of 117% of the equity at the start of that year. The 2024 annual accounts show equity of €1k and a net result of €-5k. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency36▼-39
Growth32
Track record82
Bankruptcy probability, 12 months
5.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.81 against 1.99 in 2023; short-term debt: 89.1% and cash: 6.9% of total assets), and 89.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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
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 2024Solvency, return and age of the figures
Solvency
10.9%
Return on assets
-49.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-05-2025, 66 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
66 d early
2023
76 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€1k▼ 74.1%
2023 · €5k
2023: €5k
2024: €1k▼ -74.1% vs 2023
2023 → 2024
Total assets
€11k▲ 18.1%
2023 · €9k
2023: €9k
2024: €11k▲ +18.1% vs 2023
2023 → 2024
Net result
€-5k
2023 · €5k
2023: €5k
2024: €-5k▼ -217% vs 2023
2023 → 2024
Working capital
€-2k
2023 · €5k
2023: €5k
2024: €-2k▼ -141% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€5k-€1k▼ 74.1%
2023: €5k
2024: €1k▼ -74.1% vs 2023
Operating result€6k-€-5k
2023: €6k
2024: €-5k▼ -188% vs 2023
Net result€5k-€-5k
2023: €5k
2024: €-5k▼ -217% vs 2023
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 2024: a loss of €5k after €6k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €11k
Fixed assets
€3k
Current assets
€8k
Equity and liabilities €11k
Equity
€1k ▼ 74.1%
Debt
€10k ▲ 110%
Debt's share of the balance-sheet total rises from 50.2% to 89.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-5k
Cash flow
€-5k
Current ratio
0.81▼
2023 · 1.99
Debt to equity
8.17▲
2023 · 1.01
ROE
-450.9%▼
2023 · 100.0%
ROA
-49.2%▼
2023 · 49.8%
Interest coverage
-20.27
Debt ≤ 1 year
€10k▲
2023 · €5k
Income taxes
€101▼
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 32 lines
Balance sheet
Code20232024
Assets
Total assets20/58€9k€11k▲
Fixed assets21/28-€3k
Tangible fixed assets22/27-€3k
Furniture and vehicles24-€3k
Current assets29/58€9k€8k▼
Amounts receivable within one year40/41€9k€6k▼
Trade receivables40€9k€6k▼
Cash at bank and in hand54/58-€771
Deferred charges and accrued income490/1-€803
Equity and liabilities
Total equity and liabilities10/49€9k€11k▲
Equity10/15€5k€1k▼
Contributions10/11-€2k
Profit (loss) carried forward14€5k€-784▼
Amounts payable17/49€5k€10k▲
Amounts payable within one year42/48€5k€10k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€3k€2k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48-€2k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€365
Gross operating margin9900€6k€-5k▼
Operating profit (loss)9901€6k€-5k▼
Financial charges65/66B-€236
Recurring financial charges65-€236
Profit (loss) for the period before taxes9903€6k€-5k▼
Income taxes67/77€1k€101▼
Profit (loss) for the period9904€5k€-5k▼
Profit (loss) for the period to be appropriated9905€5k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€-784▼
Profit (loss) brought forward from the previous period14P-€5k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €365 | - |
| Gross operating margin9900 | €6k | €-5k | ▼ 181% |
| Operating profit (loss)9901 | €6k | €-5k | ▼ 188% |
| Financial charges65/66B | - | €236 | - |
| Recurring financial charges65 | - | €236 | - |
| Profit (loss) for the period before taxes9903 | €6k | €-5k | ▼ 192% |
| Income taxes67/77 | €1k | €101 | ▼ 91.5% |
| Profit (loss) for the period9904 | €5k | €-5k | ▼ 217% |
| Profit (loss) for the period to be appropriated9905 | €5k | €-5k | ▼ 217% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €9k | €11k | ▲ 18.1% |
| Fixed assets21/28 | - | €3k | - |
| Tangible fixed assets22/27 | - | €3k | - |
| Furniture and vehicles24 | - | €3k | - |
| Current assets29/58 | €9k | €8k | ▼ 15.1% |
| Amounts receivable within one year40/41 | €9k | €6k | ▼ 31.8% |
| Trade receivables40 | €9k | €6k | ▼ 31.8% |
| Cash at bank and in hand54/58 | - | €771 | - |
| Deferred charges and accrued income490/1 | - | €803 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €9k | €11k | ▲ 18.1% |
| Equity10/15 | €5k | €1k | ▼ 74.1% |
| Contributions10/11 | - | €2k | - |
| Profit (loss) carried forward14 | €5k | €-784 | ▼ 117% |
| Amounts payable17/49 | €5k | €10k | ▲ 110% |
| Amounts payable within one year42/48 | €5k | €10k | ▲ 110% |
| Trade debts44 | €2k | €3k | ▲ 16.4% |
| Suppliers440/4 | €2k | €3k | ▲ 16.4% |
| Taxes, remuneration and social security45 | €3k | €5k | ▲ 93.5% |
| Taxes450/3 | €3k | €2k | ▼ 2.0% |
| Remuneration and social security454/9 | - | €2k | - |
| Other amounts payable47/48 | - | €2k | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €-5k | ▼ 217% |
| + Depreciation and write-downs630 | - | €365 | - |
| Operating cash flow (approximation) | €5k | €-5k | ▼ 209% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Liège · 1 establishment unit since 2023
Ground area
1,054 m²
Building footprint
468 m²
Volume, LiDAR
14,301 m³
Parcel 62817B0665/00V003, Wallonia · tallest building 32.9 m, ±11 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
LSADS
since 20232.353.244.150
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62817B0665/00V003 | Wallonia | 1,054 m² | 1 · 468 m² | 32.9 m · 11 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded20-12-2023
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.