LSGI SERVICES
ActiveLSGI SERVICES has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.21M and a net result of €172k. Equity is growing by ~19% per year across the filed fiscal years. Its solvency ranks better than 37% of 925 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+1
Solvency56▲+13
Growth85=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 1.57 against 1.21 in 2024; short-term debt: 63.3% and cash: 26.4% of total assets), but 69.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
30.6%
Return on assets
4.3%
Age of the figures
9 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
25 d early
2024
44 d early
2023
42 d early
2022
35 d early
2021
38 d early
2020
29 d early
2019
31 d early
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€5.44M▲ 37.3%
2018 · €3.96M
2018: €3.96M
2018 → 2019
EBIT margin
3.0%▼ 1.4pp
2018 · 4.4%
2018: 4.4%
2018 → 2019
Net result
€172k▼ 17.1%
2024 · €207k
2018: €116k
2019: €107k
2020: €153k
2021: €108k
2022: €93k
2023: €102k
2024: €207k
2018 → 2025
Working capital
€1.43M▲ 39.6%
2024 · €1.03M
2018: €-36k
2019: €141k
2020: €388k
2021: €566k
2022: €782k
2023: €2.41M
2024: €1.03M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€634k-€727k▲ 14.7%€829k▲ 14.0%€1.04M▲ 25.0%€1.21M▲ 16.6%
Operating result€198k-€220k▲ 10.6%€136k▼ 38.1%€293k▲ 116%€236k▼ 19.4%
Net result€108k-€93k▼ 14.0%€102k▲ 9.4%€207k▲ 103%€172k▼ 17.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.95M
Fixed assets
€13k▲ 52.4%
Current assets
€3.93M▼ 32.4%
Equity and liabilities €3.95M
Equity
€1.21M▲ 16.6%
Provisions
€240k
Debt
€2.50M▼ 47.8%
The debt ratio falls from 82.2% to 63.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€240k▼
2024 · €297k
Cash flow
€175k▼
2024 · €211k
Solvency
30.6%▲
2024 · 17.8%
Current ratio
1.57▲
2024 · 1.21
Quick ratio
1.57▲
2024 · 1.21
Debt / equity
2.07▼
2024 · 4.62
ROE
14.2%▼
2024 · 20.0%
ROA
4.3%▲
2024 · 3.6%
Interest coverage
48.12▼
2024 · 72.84
Debt
€2.50M▼
2024 · €4.79M
Debt ≤ 1 year
€2.50M▼
2024 · €4.79M
Income taxes
€60k▼
2024 · €82k
Staff costs
€4.67M▲
2024 · €3.07M
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€5.82M€3.95M▼
Fixed assets21/28€9k€13k▲
Tangible fixed assets22/27€9k€8k▼
Furniture and vehicles24€9k€8k▼
Financial fixed assets28-€6k
Current assets29/58€5.82M€3.93M▼
Amounts receivable within one year40/41€5.48M€2.64M▼
Trade receivables40€5.48M€2.63M▼
Other amounts receivable41€396€14k▲
Cash at bank and in hand54/58€226k€1.04M▲
Deferred charges and accrued income490/1€108k€247k▲
Equity and liabilities
Total equity and liabilities10/49€5.82M€3.95M▼
Equity10/15€1.04M€1.21M▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€10k€10k=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Profit (loss) carried forward14€926k€1.10M▲
Provisions and deferred taxes16-€240k
Provisions for liabilities and charges160/5-€240k
Other liabilities and charges164/5-€240k
Amounts payable17/49€4.79M€2.50M▼
Amounts payable within one year42/48€4.79M€2.50M▼
Current portion of amounts payable after more than one year42€1.59M€118▼
Trade debts44€2.14M€1.65M▼
Suppliers440/4€2.14M€1.65M▼
Taxes, remuneration and social security45€1.05M€842k▼
Taxes450/3€249k€166k▼
Remuneration and social security454/9€802k€676k▼
Other amounts payable47/48€12k€11k▼
Income statement
Code20242025
Remuneration, social security and pensions62€3.07M€4.67M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€11k€7k▼
Non-recurring operating charges66A-€240k
Gross operating margin9900€3.38M€5.16M▲
Operating profit (loss)9901€293k€236k▼
Financial income75/76B€12€20▲
Recurring financial income75€12€20▲
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€289k€231k▼
Income taxes67/77€82k€60k▼
Profit (loss) for the period9904€207k€172k▼
Profit (loss) for the period to be appropriated9905€207k€172k▼
Appropriation of the result
Profit (loss) to be appropriated9906€926k€1.10M▲
Profit (loss) brought forward from the previous period14P€719k€926k▲
Social balance
Average headcount (FTE)908722.020.0▼
The notes to these accounts (11 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €207k ▲103%
Operating result €293k, net result €207k, both a record.
31-12
Financial
Equity above €1MEq €1.04M ▲25%
7 profitable years in a row build equity to €1.04M.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €93k ▼14%
Net result drops to €93k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €500kEq €525k ▲41.3%
3 profitable years in a row build equity to €525k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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, Bastogne · 1 establishment unit since 2017
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.
Place Mac-Auliffe 386600 BastogneGround area
2,903 m²
Building footprint
721 m²
Volume, LiDAR
15,236 m³
2 parcels, Brussels, Wallonia · tallest building 32.2 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
LSGI Services
since 20172.261.657.740
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0007/00S000 | Brussels | 2,692 m² | 1 · 508 m² | 32.2 m · 8 fl. |
| 82302B0252/00D000indicative | Wallonia | 211 m² | 1 · 213 m² | 17.6 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 24,501 companies in sector 82990 we hold annual accounts for 9,402. 4,194 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-02-2017
Fiscal year end31-12
Abbreviation FR
LSGIS
Activities, NACEBEL
82990Other business support services
62900Other information technology and computer services
69109Other legal services
70100Activities of head offices
82100Office administrative and support services
82110Office administrative, office support and other business support activities
85592Vocational training
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.