LSN DESIGN
ActiveSummary
LSN DESIGN has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €221,043 and a net result of €18,102. Equity is shrinking by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 77% of 2028 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-12
Solvency96▲+34
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 2.42 against 1.42 in 2024; short-term debt: 24.9% and cash: 7.1% of total assets), and 29.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
70.8%
Return on assets
5.8%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
98 d early
2022
95 d early
2021
59 d early
2020
133 d early
2019
64 d 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 64 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
In the rankings
#9 oldest company in Scherpenheuvel-Zichem, Professional and technical services sector
Equity
€221,043▲ 8.9%
2024 · €202,941
Total assets
€312,111▼ 43.8%
2024 · €555,291
Net result
€18,102▼ 79.2%
2024 · €87,085
Working capital
€110,516▼ 20.2%
2024 · €138,440
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€16,890-€5,402▲ 68.0%€15,297€124,539▲ 714%€25,230▼ 79.7%
Net result-€26,347below the sector's middle half-€7,209below the sector's middle half▲ 72.6%€8,381within the sector's middle half€87,085within the sector's middle half▲ 939%€18,102within the sector's middle half▼ 79.2%
Equity€345,523within the sector's middle half▼ 7.1%€338,314within the sector's middle half▼ 2.1%€346,695within the sector's middle half▲ 2.5%€202,941within the sector's middle half▼ 41.5%€221,043within the sector's middle half▲ 8.9%
Total assets€420,306within the sector's middle half▼ 9.8%€444,149within the sector's middle half▲ 5.7%€442,917within the sector's middle half▼ 0.3%€555,291within the sector's middle half▲ 25.4%€312,111within the sector's middle half▼ 43.8%
Debt€74,782▼ 20.6%€105,835▲ 41.5%€96,222▼ 9.1%€352,349▲ 266%€91,068▼ 74.2%
Working capital€304,661▼ 6.6%€277,124▼ 9.0%€282,176▲ 1.8%€138,440▼ 50.9%€110,516▼ 20.2%
Solvency82.2%above the sector's middle half▲ 2.4pp76.2%above the sector's middle half▼ 6.0pp78.3%above the sector's middle half▲ 2.1pp36.5%within the sector's middle half▼ 41.7pp70.8%above the sector's middle half▲ 34.3pp
Staff (FTE)1within the sector's middle half1within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 80% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €312,111
Fixed assets
€123,768 ▲ 41.6%
Current assets
€188,343 ▼ 59.7%
Equity and liabilities €312,111
Equity
€221,043 ▲ 8.9%
Debt
€91,068 ▼ 74.2%
Debt's share of the balance-sheet total falls from 63.5% to 29.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€53,225▼
2024 · €142,094
Cash flow
€46,097▼
2024 · €104,640
Current ratio
2.42▲
2024 · 1.42
Debt to equity
0.41▼
2024 · 1.74
ROE
8.2%▼
2024 · 42.9%
ROA
5.8%▼
2024 · 15.7%
Interest coverage
10.39▼
2024 · 38.71
Debt ≤ 1 year
€77,827▼
2024 · €329,441
Debt > 1 year
€12,425▼
2024 · €22,258
Income taxes
€7,837▼
2024 · €38,370
Staff costs
€27,722▼
2024 · €43,470
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,324 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €7,926 | €16,229 | ▲ 105% |
| Remuneration, social security and pensions62 | - | €31,146 | €36,423 | €43,470 | €27,722 | ▼ 36.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,717 | €15,372 | €19,504 | €17,555 | €27,995 | ▲ 59.5% |
| Other operating charges640/8 | - | €372 | €473 | €1,294 | €3,212 | ▲ 148% |
| Non-recurring operating charges66A | - | - | - | €3,437 | - | - |
| Gross operating margin9900 | €20,308 | €41,488 | €71,697 | €190,295 | €84,159 | ▼ 55.8% |
| Operating profit (loss)9901 | -€16,890 | -€5,402 | €15,297 | €124,539 | €25,230 | ▼ 79.7% |
| Financial income75/76B | - | €9 | - | €4,586 | €5,830 | ▲ 27.1% |
| Recurring financial income75 | - | €9 | - | €4,586 | €5,830 | ▲ 27.1% |
| Financial charges65/66B | - | €1,816 | €2,913 | €3,671 | €5,121 | ▲ 39.5% |
| Recurring financial charges65 | €1,531 | €1,816 | €2,913 | €3,671 | €5,121 | ▲ 39.5% |
| Profit (loss) for the period before taxes9903 | -€18,421 | -€7,209 | €12,383 | €125,455 | €25,939 | ▼ 79.3% |
| Income taxes67/77 | €7,926 | - | €4,003 | €38,370 | €7,837 | ▼ 79.6% |
| Profit (loss) for the period9904 | -€26,347 | -€7,209 | €8,381 | €87,085 | €18,102 | ▼ 79.2% |
| Profit (loss) for the period to be appropriated9905 | -€26,347 | -€7,209 | €8,381 | €87,085 | €18,102 | ▼ 79.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €420,306 | €444,149 | €442,917 | €555,291 | €312,111 | ▼ 43.8% |
| Fixed assets21/28 | €91,422 | €119,613 | €104,271 | €87,409 | €123,768 | ▲ 41.6% |
| Tangible fixed assets22/27 | €91,256 | €119,446 | €104,104 | €87,243 | €123,768 | ▲ 41.9% |
| Land and buildings22 | - | €76,478 | €68,830 | €61,182 | €63,951 | ▲ 4.5% |
| Plant, machinery and equipment23 | - | €5,545 | €6,284 | €5,504 | €4,565 | ▼ 17.1% |
| Furniture and vehicles24 | - | €37,424 | €28,990 | €20,556 | €55,252 | ▲ 169% |
| Financial fixed assets28 | €167 | €167 | €167 | €167 | - | - |
| Current assets29/58 | €328,883 | €324,536 | €338,647 | €467,881 | €188,343 | ▼ 59.7% |
| Amounts receivable within one year40/41 | €97,463 | €96,024 | €110,853 | €146,180 | €82,826 | ▼ 43.3% |
| Trade receivables40 | - | €8,724 | €28,928 | €52,056 | €10,934 | ▼ 79.0% |
| Other amounts receivable41 | - | €87,300 | €81,925 | €94,124 | €71,892 | ▼ 23.6% |
| Current investments50/53 | €187,182 | €187,182 | €187,182 | €211,182 | €65,182 | ▼ 69.1% |
| Cash at bank and in hand54/58 | €31,829 | €23,782 | €40,612 | €88,850 | €22,052 | ▼ 75.2% |
| Deferred charges and accrued income490/1 | - | €17,549 | - | €21,669 | €18,284 | ▼ 15.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €420,306 | €444,149 | €442,917 | €555,291 | €312,111 | ▼ 43.8% |
| Equity10/15 | €345,523 | €338,314 | €346,695 | €202,941 | €221,043 | ▲ 8.9% |
| Contributions10/11 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Reserves13 | €339,326 | €332,117 | €340,497 | €196,744 | €214,846 | ▲ 9.2% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Tax-exempt reserves132 | - | €8,303 | €8,303 | €8,303 | €8,303 | = |
| Distributable reserves133 | - | €321,955 | €330,336 | €186,582 | €204,684 | ▲ 9.7% |
| Profit (loss) carried forward14 | €86,171 | - | - | - | - | - |
| Amounts payable17/49 | €74,782 | €105,835 | €96,222 | €352,349 | €91,068 | ▼ 74.2% |
| Amounts payable after more than one year17 | €50,560 | €58,423 | €39,752 | €22,258 | €12,425 | ▼ 44.2% |
| Financial debts170/4 | - | €58,423 | €39,752 | €22,258 | €12,425 | ▼ 44.2% |
| Amounts payable within one year42/48 | €24,222 | €47,412 | €56,471 | €329,441 | €77,827 | ▼ 76.4% |
| Current portion of amounts payable after more than one year42 | - | €18,497 | €18,671 | €21,210 | €13,639 | ▼ 35.7% |
| Financial debts43 | - | - | - | - | €9 | - |
| Credit institutions430/8 | - | - | - | - | €9 | - |
| Trade debts44 | €4,953 | €4,346 | €6,372 | €18,338 | €39,207 | ▲ 114% |
| Suppliers440/4 | - | €4,346 | €6,372 | €18,338 | €39,207 | ▲ 114% |
| Taxes, remuneration and social security45 | - | €24,570 | €31,427 | €128,306 | €24,972 | ▼ 80.5% |
| Taxes450/3 | - | €4,223 | €23,927 | €118,337 | €14,947 | ▼ 87.4% |
| Remuneration and social security454/9 | - | €20,346 | €7,500 | €9,968 | €10,024 | ▲ 0.6% |
| Other amounts payable47/48 | - | - | - | €161,587 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €650 | €816 | ▲ 25.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€26,347 | -€7,209 | €8,381 | €87,085 | €18,102 | ▼ 79.2% |
| + Depreciation and write-downs630 | €13,717 | €15,372 | €19,504 | €17,555 | €27,995 | ▲ 59.5% |
| Operating cash flow (approximation) | -€12,630 | €8,163 | €27,885 | €104,640 | €46,097 | ▼ 55.9% |
| Investment in fixed assets (approximation) | - | -€43,562 | -€4,162 | -€694 | -€64,354 | ▼ 9,178% |
| Change in cash | - | -€8,047 | €16,830 | €48,238 | -€66,798 | ▼ 238% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Highest result since 2018net €87,085 ▲939%
Operating result €124,539, net result €87,085, both a record.
23-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Back to profitnet €8,381
Net result €8,381 after 2 loss-making years.
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
02-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Weakest financial yearnet -€26,347
Net result drops to -€26,347, the lowest in the series; recovery starts the following year.
2020
18-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
26-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
22-12
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.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Scherpenheuvel-Zichem · 1 establishment unit since 1996
Ground area
1.2 ha
Building footprint
112 m²
Volume, LiDAR
537 m³
2 parcels, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mannenberg(S) 157, 3270 Scherpenheuvel-Zichem
since 19962.074.722.508
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24098B0038/00L002indicative | Flanders | 1.2 ha | 1 · 12 m² | 6.1 m · 1 fl. |
| 24129D0124/00E000 | Flanders | 100 m² | 1 · 100 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 162 EUR awarded · 162 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 162 EUR | 162 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
8945005HZXAJ5OBTDD26
Similar companies · same sector, comparable size
LIGNA RECTA
BE 0476.579.212
Antwerpen · Eq €220,753
LA GARNERIE
BE 0864.738.172
Antwerpen · Eq €220,520
WILLE INTERIEURBOUW
BE 0464.361.467
Leuven · Eq €219,586
ANOTHER
BE 0700.683.953
Brugge · Eq €219,314
IBMD
BE 0426.999.740
Merksplas · Eq €219,238
Of 3,924 companies in sector 71112 we hold annual accounts for 1,296. 930 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded19-12-1995
Fiscal year end30-09
Activities, NACEBEL 2025
71112Activities of interior architects
18130Pre-press and pre-media services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0456817243
Also
9925:BE0456817243
Registered
07-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.