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LSG

Active
Private limited companyfounded 2015active for 10 yearsDr.-Van de Perrestraat 315, 2440 Geel, BelgiumKBO/BCE: BE 0643.979.337
Summary

LSG has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €327,725 and a net result of €126,751. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 27% of 2,499 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Land surveying
NACE 71122
6th largest employer in Geel, Professional and technical services sector2 sites
Size
€1.4mtotal assets 2025
Staff
18.3 FTE
Equity
€327,725
Profit
€126,751
Turnover not published (abbreviated or micro format)
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
LANDIS · 100%
Holdings
1
  • BT-MDirector · permanent representative Bram THIELEMANS
  • Stani'sDirector · permanent representative Mina LEYSEN
Accounts 121 days early3 of 7 deeds read
Why 87raises riskSize: 18.3 FTE, total assets €1.4mlowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 0.90, cash €245,176Figures for financial year 2025 (filed 07-04-2026)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 39% of its sector peers (NACE 71, small)
Financial strength · tick = 2024
Average
Solvency 49-7
equity 23.6% of total assets
Liquidity 45+1
short-term debt 52.5% · cash 17.6%
Profitability 80+9
return on assets 9.1%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (688 companies, NACE 71, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 0.2%▼ -0.1 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.9, compared with 0.78 in 2024, below 1; short-term debt: 52.5% and cash: 17.6% of total assets), and 76.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, small): better than 26% on solvency, 40% on liquidity, 72% on profitability and 19% on growth.

The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
raises risk · Size: 18.3 FTE, total assets €1.4m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.90, cash €245,176
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 07-04-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-04-2026, 121 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
121 days early
2024
35 days early
2023
61 days early
2022
45 days early
2021
40 days early
2020
107 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 15 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
14-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. RestructuringPermanent representatives: Bram THIELEMANS, Mina…
  2. Appointments: BV BT-M (bijkomend bestuurder) and…Permanent representatives: Bram THIELEMANS, Mina…
  3. Annual accounts filedfinancial year 2025 · abbreviated…

Key points

  • Positive: Result rose in 2025from €17,372 to €126,751 ▲ 630% View
  • Positive: 6th largest employer in Geel, Professional and technical services sectorin the Checked rankings No. 6 View
  • Positive: 8 profitable years in a rowprofit 2025: €126,751 8 years View
  • Controlled by LANDISthe company in turn controls 1 companies 100% View
  • New directorslatest change 01-04-2026 · 2 in office 2 joined View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

By topic

Financials

Financial year
2025
Total assets
€1.4m
Profit
€126,751
Solvency
23.6%
Total assets▲ 16.7%
Net result
20182025
Go to Financials

Network & group

Subsidiaries
1
Connected companies
1
Mergers and asset contributions
1

1 subsidiary

Go to Network & group

Timeline

Events
17
Since
2017
Next accounts
by 31-07-2027
  1. 09-09-2025Resignation: CommV MB Management (director)
  2. 26-06-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Land surveyingNACE 71122
Founded
09-12-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
4
Purpose
“De uitbating van een landmeterskantoor; Opmeting, afpaling en opmaken van meetplannen…” (deed in Dutch)
Go to Articles of association

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