LSH SERVICES
ActiveLSH SERVICES is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €5.42M and a net result of €198k. Equity is growing by ~16.7% per year across the filed fiscal years. Its solvency ranks better than 91% of 7962 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
39 d early
2023
41 d early
2022
41 d early
2021
34 d early
2020
33 d early
2019
35 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close13-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€5.42M▲ 3.8%
2024 · €5.23M
2019: €2.33M
2020: €2.51M
2021: €2.69M
2022: €2.86M
2023: €4.11M
2024: €5.23M
2019 → 2025
Net result
€198k▼ 82.3%
2024 · €1.12M
2019: €143k
2020: €177k
2021: €177k
2022: €172k
2023: €1.25M
2024: €1.12M
2019 → 2025
Total assets
€5.82M▼ 0.5%
2024 · €5.85M
2019: €3.05M
2020: €3.99M
2021: €4.83M
2022: €4.49M
2023: €5.29M
2024: €5.85M
2019 → 2025
Solvency
93.1%▲ 3.9pp
2024 · 89.3%
2019: 76.6%
2020: 62.9%
2021: 55.7%
2022: 63.7%
2023: 77.6%
2024: 89.3%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.69M-€2.86M▲ 6.4%€4.11M▲ 43.6%€5.23M▲ 27.3%€5.42M▲ 3.8%
Operating result€272k-€267k▼ 2.0%€257k▼ 3.7%€275k▲ 7.2%€281k▲ 2.1%
Net result€177k-€172k▼ 2.5%€1.25M▲ 623%€1.12M▼ 10.0%€198k▼ 82.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 2% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.82M
Fixed assets
€3.73M=
Current assets
€2.09M▼ 1.5%
Equity and liabilities €5.82M
Equity
€5.42M▲ 3.8%
Debt
€399k▼ 36.5%
The debt ratio falls from 10.7% to 6.9%: equity grows while debt is paid down.
Key figures and ratios
Solvency
93.1%▲
2024 · 89.3%
ROE
3.6%▼
2024 · 21.5%
ROA
3.4%▼
2024 · 19.1%
Debt
€399k▼
2024 · €628k
Debt ≤ 1 year
€310k▼
2024 · €425k
Debt > 1 year
€89k▼
2024 · €203k
Income taxes
€84k▼
2024 · €184k
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€5.85M€5.82M▼
Fixed assets21/28€3.73M€3.73M=
Financial fixed assets28€3.73M€3.73M=
Current assets29/58€2.12M€2.09M▼
Amounts receivable within one year40/41€757k€1.71M▲
Trade receivables40€56k€55k▼
Other amounts receivable41€700k€1.66M▲
Current investments50/53€1.25M-
Cash at bank and in hand54/58€114k€380k▲
Deferred charges and accrued income490/1€70-
Equity and liabilities
Total equity and liabilities10/49€5.85M€5.82M▼
Equity10/15€5.23M€5.42M▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€5.13M€5.32M▲
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Distributable reserves133€5.12M€5.31M▲
Amounts payable17/49€628k€399k▼
Amounts payable after more than one year17€203k€89k▼
Financial debts170/4€203k€89k▼
Amounts payable within one year42/48€425k€310k▼
Current portion of amounts payable after more than one year42€107k€113k▲
Trade debts44€11k€5k▼
Suppliers440/4€11k€5k▼
Taxes, remuneration and social security45€133k€28k▼
Taxes450/3€133k€28k▼
Other amounts payable47/48€175k€165k▼
Accrued charges and deferred income492/3€236€595▲
Income statement
Code20242025
Other operating charges640/8€231€369▲
Gross operating margin9900€276k€282k▲
Operating profit (loss)9901€275k€281k▲
Financial income75/76B€1.04M€11k▼
Recurring financial income75€1.04M€11k▼
Financial charges65/66B€14k€11k▼
Recurring financial charges65€14k€11k▼
Profit (loss) for the period before taxes9903€1.31M€282k▼
Income taxes67/77€184k€84k▼
Profit (loss) for the period9904€1.12M€198k▼
Profit (loss) for the period to be appropriated9905€1.12M€198k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.12M€198k▼
Transfer to equity691/2€1.12M€198k▼
To other reserves6921€1.12M€198k▼
The notes to these accounts (2 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
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
23-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Liquidity triplescurrent ratio 4.99
Current ratio from 1.78 to 4.99; short-term debt falls from €873k to €425k.
30-06
Financial
Equity above €5MEq €5.23M ▲27.3%
6 profitable years in a row build equity to €5.23M.
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Highest result since 2019net €1.25M ▲623%
Net result €1.25M, the highest in the series.
30-06
Financial
Liquidity triplescurrent ratio 1.78
Current ratio from 0.62 to 1.78; short-term debt falls from €1.21M to €873k.
2022
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
28-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
29-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
27-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
19-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
23-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2024
This board is reconstructed from a single act (24113156). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
D'HAESE Eric
CurrentDirector · since 16-07-2024
D'HAESE Koen
CurrentDirector · since 16-07-2024
D'HAESE Liesbet
CurrentDirector · since 16-07-2024
16-07-2024
D'HAESE Eric: Appointed as Director
16-07-2024
D'HAESE Koen: Appointed as Director
16-07-2024
D'HAESE Liesbet: Appointed as Director
Location & real-estate footprint
Registered office, Herzele · 1 establishment unit since 2010
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.
Kruisveldstraat 319550 HerzeleGround area
1,119 m²
Building footprint
242 m²
Volume, LiDAR
1,206 m³
Parcel 41027B0397/00Y000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LSH SERVICES
since 20102.185.052.088
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41027B0397/00Y000 | Flanders | 1,119 m² | 1 · 242 m² | 7.5 m · 2 fl. |
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
Corhold
BE 0846.357.563
Oosterzele · Eq €5.43M
MDR GROUP
BE 0767.554.367
Dendermonde · Eq €5.43M
ENGICO HOLDING
BE 0627.763.214
Beersel · Eq €5.43M
LUMNA
BE 0890.068.733
Rochefort · Eq €5.42M
IMPEK
BE 0440.901.127
Anderlecht · Eq €5.42M
Of 24,640 companies in sector 64210 we hold annual accounts for 19,693. 7,857 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-02-2010
Fiscal year end30-06
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.