LSLiving
ActiveSummary
LSLiving has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35,593 and a net result of -€15,334. Equity has been stable since 2021 (±2.4% per year). Its solvency ranks better than 18% of 11,261 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 28-05-2020 Normal situation
- Activity
- Development of residential building projects NACE 68121and 4 others
- Establishment unit
- 2.303.565.896 2570 Duffel, since 28-05-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 02-09-2025
Board and ownership
- Rliving BVDirector · since 28-05-2020
- Architectural Consultancy Office75%· score 9330-09-2025 annual accounts of Architectural Consultancy Office
- RLIVING25%· score 942025 annual accounts of RLIVING
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- -€759
- Loss
- €15,334
- ▲ 5.2%
- Equity
- €35,593
- ▼ 30.1%
- Total assets
- €3.6m
- ▲ 561%
Score breakdownraises riskEquity €35,593 (1.0% of total assets)lowers riskSize: total assets €3.6mSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed on 04-08-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 68, small). It does better than 17% of them on solvency, 21% on liquidity, 12% on profitability and 12% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 5 accounts on average 15 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 31-07-2026 at the NBB all 5 filings
Every figure per financial year
The operating result for 2025 is a loss of €1,875, after a profit of €10,659 in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | €408,000 | €92,750 | €1.2m |
| Mortgages, amount registered | - | - | €27,500 | €27,500 | €25,000 |
| Mortgage mandates | - | - | €421,300 | €421,300 | €3.3m |
| Carrying value of the mortgaged assets | - | - | €637,744 | €324,623 | €2.6m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Intangible fixed assets | €3,000 | - | - | - | - |
| Depreciation and write-downs of the year | €733 | €600 | €600 | €600 | €467 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €733 | €600 | €600 | €600 | €467 | ▼ 22.2% |
| Other operating charges640/8 | €1,389 | €1,179 | €1,323 | €650 | €650 | = |
| Gross operating margin9900 | -€9,706 | €7,319 | €22,049 | €11,909 | -€759 | - |
| Operating profit (loss)9901 | -€11,828 | €5,540 | €20,126 | €10,659 | -€1,875 | - |
| Financial income75/76B | €252 | €9 | €254 | €46 | €53 | ▲ 14.9% |
| Recurring financial income75 | €252 | €9 | €254 | €46 | €53 | ▲ 14.9% |
| Financial charges65/66B | €894 | €4,840 | €1,679 | €25,287 | €13,154 | ▼ 48.0% |
| Recurring financial charges65 | €894 | €4,840 | €1,679 | €25,287 | €13,154 | ▼ 48.0% |
| Profit (loss) for the period before taxes9903 | -€12,470 | €710 | €18,701 | -€14,582 | -€14,976 | ▼ 2.7% |
| Income taxes67/77 | - | - | €1,431 | €0 | €358 | - |
| Profit (loss) for the period9904 | -€12,470 | €710 | €17,270 | -€14,582 | -€15,334 | ▼ 5.2% |
| Profit (loss) for the period to be appropriated9905 | -€12,470 | €710 | €17,270 | -€14,582 | -€15,334 | ▼ 5.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.1m | €0.06m | €0.7m | €0.5m | €3.6m | ▲ 561% |
| Fixed assets21/28 | €0.002m | €0.002m | €0.001m | €467 | €0 | ▼ 100% |
| Intangible fixed assets21 | €0.002m | €0.002m | €0.001m | €467 | €0 | ▼ 100% |
| Current assets29/58 | €2.1m | €0.06m | €0.7m | €0.5m | €3.6m | ▲ 562% |
| Stocks and contracts in progress3 | €1.8m | €0 | €0.6m | €0.5m | €2.7m | ▲ 477% |
| Stocks30/36 | €1.8m | €0 | €0.6m | €0.5m | €2.6m | ▲ 472% |
| Contracts in progress37 | - | - | - | €0.01m | €0.08m | ▲ 667% |
| Amounts receivable within one year40/41 | €0.002m | €0.03m | €0.05m | €0.03m | €0.08m | ▲ 177% |
| Trade receivables40 | €0.001m | €0.003m | €0.05m | €0 | €0.03m | - |
| Other amounts receivable41 | €0.001m | €0.03m | €0.003m | €0.03m | €0.05m | ▲ 77.2% |
| Cash at bank and in hand54/58 | €0.2m | €0.03m | €0.004m | €0.02m | €0.8m | ▲ 32× |
| Deferred charges and accrued income490/1 | €18 | €0 | €123 | €0.02m | €0.003m | ▼ 83.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.1m | €0.06m | €0.7m | €0.5m | €3.6m | ▲ 561% |
| Equity10/15 | €0.05m | €0.05m | €0.07m | €0.05m | €0.04m | ▼ 30.1% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | - | - | €0.006m | €0 | - | - |
| Distributable reserves133 | - | - | €0.006m | €0 | - | - |
| Profit (loss) carried forward14 | -€0.01m | -€0.01m | €0 | -€0.009m | -€0.02m | ▼ 169% |
| Amounts payable17/49 | €2.0m | €0.02m | €0.6m | €0.5m | €3.5m | ▲ 623% |
| Amounts payable within one year42/48 | €2.0m | €0.02m | €0.6m | €0.5m | €3.5m | ▲ 634% |
| Financial debts43 | €0.1m | €0 | €0.4m | €0.09m | €1.2m | ▲ 13× |
| Credit institutions430/8 | €0.1m | €0 | €0.4m | €0.09m | €1.2m | ▲ 13× |
| Trade debts44 | €0.2m | €0.01m | €0.007m | €0.003m | €0.2m | ▲ 63× |
| Suppliers440/4 | €0.2m | €0.01m | €0.007m | €0.003m | €0.2m | ▲ 63× |
| Advances received on contracts in progress46 | €1.6m | €0 | - | - | €1.5m | - |
| Taxes, remuneration and social security45 | €0.03m | €0.001m | €0.002m | €0.001m | €0.2m | ▲ 115× |
| Taxes450/3 | €0.03m | €0.001m | €0.002m | €0.001m | €0.2m | ▲ 115× |
| Other amounts payable47/48 | €0.04m | €0.002m | €0.2m | €0.4m | €0.5m | ▲ 26.9% |
| Accrued charges and deferred income492/3 | €0.001m | €216 | €0 | €0.01m | €0.04m | ▲ 216% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,470 | €710 | €17,270 | -€14,582 | -€15,334 | ▼ 5.2% |
| + Depreciation and write-downs630 | €733 | €600 | €600 | €600 | €467 | ▼ 22.2% |
| Operating cash flow (approximation) | -€11,737 | €1,310 | €17,870 | -€13,982 | -€14,867 | ▼ 6.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€184,045 | -€23,605 | €20,503 | €761,094 | ▲ 37× |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 819 companies had the same profile as LSLiving has now. Two years later, 94.7% were still going and 1.8% had gone bankrupt.
- Small
- 5 to 10 years old
- solvency under 10%
- a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LSLiving itself is lower: 0.1% within 12 months. It rests on far more data about LSLiving than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 819 companies, not a prediction for LSLiving. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-07-2026 | 2026-00377965 | |
| 31-12-2024 | abbreviated format | 18-08-2025 | 2025-00380960 | |
| 31-12-2023 | abbreviated format | 26-06-2024 | 2024-00172723 | |
| 31-12-2022 | abbreviated format | 31-07-2023 | 2023-00304397 | |
| 31-12-2021 | abbreviated format | 03-06-2022 | 2022-20048399 |
Board & ownership
Directors
Owners and capital
Shareholders
2 ownersChain of control
- Architectural Consultancy Office
- LSLiving
Owners 2
- Equity €446,161 Profit of €137,371 in 2025 (profit of €58,897 in 2024) Checked score 9375%
- Sourceaccounts RLIVING 2025Equity €225,459 Profit of €162,009 in 2025 (profit of €112,206 in 2024) Checked score 9425%
Network & group
Companies at the same address
3 other companiesConnections & network
1 current directorThe network starts from the directors of LSLiving. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0747.707.573
Financial year and general meeting
Accounts at the NBBEnvironmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12009A0102/00V000 | Flanders | 1,415 m² | 1 · 247 m² | 7.4 m · 1 |