Financials
- Financial year
- 2025
- Total assets
- €198,173
- Profit
- €17,262
- Solvency
- -3.2%
Total assets▼ 11.8%
Net result
20182025
LSIT
ActiveThe file of LSIT contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette.
Summary
The computed 12-month bankruptcy probability is 10.0% (high). The 2025 annual accounts show negative equity (-€6,415) and a net result of €17,262. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 21,074 sector peers (NACE 62, financial year 2025).
Overview
Activity
Computer programming
NACE 62100Other software publishing NACE 58290
6th oldest company in Soumagne, Telecoms and IT sector1 site
Size
€198,173total assets 2025
- Staff
- 2.1 FTE
- Equity
- -€6,415
- Profit
- €17,262
Turnover not published (micro format)
Structure
2025 accounts 93 days early1 of 3 deeds summarised
Why 32raises riskReorganisation plan being carried out (approved, Gazette 07-02-2025)Negative equity -€6,415lowers riskSize: total assets €198,173Sector: Computer programming, consultancy and related activities (NACE 62)Show the evidence
Checked score
Score 2025
32
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 35% of its sector peers (NACE 62, micro)
Financial strength · tick = 2024
Weak
Solvency
22+8
equity -3.2% of total assets
Liquidity
13-6
short-term debt 79.8% · cash 5.4%
Profitability
80+71
return on assets 8.7%
Bankruptcy probability, 12 months
10.0%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
03-2025: 14.6%highest value
04-2025: 14.6%● unchanged vs 03-2025highest value
05-2025: 14.6%● unchanged vs 04-2025highest value
06-2025: 14.6%● unchanged vs 05-2025highest value
07-2025: 14.6%● unchanged vs 06-2025highest value
08-2025: 14.6%● unchanged vs 07-2025highest value
09-2025: 14.6%● unchanged vs 08-2025highest value
10-2025: 14.6%● unchanged vs 09-2025highest value
11-2025: 14.6%● unchanged vs 10-2025highest value
12-2025: 14.6%● unchanged vs 11-2025highest value
01-2026: 14.6%● unchanged vs 12-2025highest value
02-2026: 14.6%● unchanged vs 01-2026highest value
03-2026: 10.0%▼ -4.6 percentage points vs 02-2026lowest value
04-2026: 10.0%● unchanged vs 03-2026lowest value
05-2026: 10.0%● unchanged vs 04-2026lowest value
06-2026: 10.0%● unchanged vs 05-2026lowest value
07-2026: 10.0%● unchanged vs 06-2026lowest value
08-2026: 10.0%● unchanged vs 07-2026lowest value
09-2026: 10.0%● unchanged vs 08-2026lowest value
10-2026: 10.0%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.43, compared with 0.52 in 2024, below 1; short-term debt: 79.8% and cash: 5.4% of total assets), and equity is negative.
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 62, micro): better than 8% on solvency, 5% on liquidity, 39% on profitability and 85% on growth.
The bankruptcy probability was computed on 26-10-2026 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
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 21074 sector peers (2025).
NBB · sector comparisonPosition among 21074 sector peers
Solvency
better than 9%
← weakest
strongest →
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 29-04-2026, 93 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
93 days early
2024
37 days early
2023
29 days late
2022
31 days late
2021
5 days early
2020
20 days late
2019
92 days early
← 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 21 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% 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 26 July (4 of the last 5 filed years within 36 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €17,262
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Board & ownership
- Board
- 1 member
- LIBERT Sébastien Serge Stéphan AndréDirector
Timeline
- Events
- 17
- Since
- 2016
- Next accounts
- by 31-07-2027
- 07-02-2025Plan homologation
- 14-10-2024Opening
- 29-08-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Computer programmingNACE 62100
- Founded
- 02-04-2014
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 24
- Annual meeting
- 15 June at 16:00
- Purpose
- “La gestion de portefeuille de programmes et de projets; La personnalisation et mise en…” (deed in French)
Key facts about LSIT
- What is the company number of LSIT?
- 0549.924.573. In Belgium the VAT number is the company number with BE in front: BE 0549.924.573.
- Where is LSIT based?
- The registered office is at Rue Rafhay 38, 4630 Soumagne.Company details
- What does LSIT do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of LSIT?
- Private limited company (BV).
- When was LSIT founded?
- On 02-04-2014.
- Is LSIT still active?
- Yes, LSIT is an active enterprise in the KBO register.
- How many employees does LSIT have?
- On average 2.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of LSIT?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is LSIT profitable?
- In financial year 2025, LSIT made a profit of €17,262.
- Where can I find the annual accounts of LSIT?
- LSIT filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LSIT due?
- By 31-07-2027, for financial year 2026.Timeline
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