LSVB
ActiveLSVB has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23k and a net result of €17k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 45% of 27358 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
94
/ 100
Excellent▲ +36 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency81▲+35
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.73 against 1.09 in 2024), but 57.5% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
42.5%
Return on assets
32.1%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €23k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
26 d late
2023
30 d late
2022
28 d late
2021
30 d late
2020
30 d late
2019
90 d late
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€23k▲ 308%
2024 · €6k
2018: €-6k
2019: €24k
2020: €7k
2021: €7k
2022: €25k
2023: €13k
2024: €6k
2018 → 2025
Total assets
€54k▲ 173%
2024 · €20k
2018: €44k
2019: €98k
2020: €64k
2021: €25k
2022: €59k
2023: €41k
2024: €20k
2018 → 2025
Net result
€17k
2024 · €-7k
2018: €5k
2019: €58k
2020: €-17k
2021: €-29
2022: €17k
2023: €-12k
2024: €-7k
2018 → 2025
Working capital
€18k▲ 1,386%
2024 · €1k
2018: €-7k
2019: €22k
2020: €-325
2021: €6k
2022: €13k
2023: €3k
2024: €1k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7k-€25k▲ 244%€13k▼ 49.1%€6k▼ 55.4%€23k▲ 308%
Operating result€2k-€22k▲ 1,296%€-11k€-6k▲ 46.8%€21k
Net result€-29-€17k€-12k€-7k▲ 42.5%€17k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €21k after a loss of €6k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54k
Fixed assets
€11k▲ 140%
Current assets
€43k▲ 183%
Equity and liabilities €54k
Equity
€23k▲ 308%
Debt
€31k▲ 120%
The debt ratio falls from 71.5% to 57.5%: equity grows faster than debt.
Key figures and ratios
EBITDA
€26k▲
2024 · €2k
Cash flow
€22k▲
2024 · €1k
Solvency
42.5%▲
2024 · 28.5%
Current ratio
1.73▲
2024 · 1.09
Quick ratio
1.73▲
2024 · 1.09
Debt / equity
1.35▼
2024 · 2.51
ROE
75.5%▲
2024 · -124.1%
ROA
32.1%▲
2024 · -35.3%
Interest coverage
58.29▲
2024 · 2.26
Debt
€31k▲
2024 · €14k
Debt ≤ 1 year
€25k▲
2024 · €14k
Debt > 1 year
€6k
Income taxes
€3k▲
2024 · €166
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€20k€54k▲
Fixed assets21/28€4k€11k▲
Tangible fixed assets22/27€4k€11k▲
Furniture and vehicles24€4k€11k▲
Current assets29/58€15k€43k▲
Amounts receivable within one year40/41€6k€23k▲
Trade receivables40€967€5k▲
Other amounts receivable41€5k€19k▲
Cash at bank and in hand54/58€9k€19k▲
Deferred charges and accrued income490/1€683€816▲
Equity and liabilities
Total equity and liabilities10/49€20k€54k▲
Equity10/15€6k€23k▲
Contributions10/11€6k€6k=
Reserves13€18k€18k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€-19k€-2k▲
Amounts payable17/49€14k€31k▲
Amounts payable after more than one year17-€6k
Financial debts170/4-€6k
Amounts payable within one year42/48€14k€25k▲
Current portion of amounts payable after more than one year42€3k€3k▼
Trade debts44€6k€17k▲
Suppliers440/4€6k€17k▲
Taxes, remuneration and social security45€166€3k▲
Taxes450/3€166€3k▲
Other amounts payable47/48€5k€2k▼
Accrued charges and deferred income492/3€18€22▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€5k▼
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A€174€184▲
Gross operating margin9900€4k€27k▲
Operating profit (loss)9901€-6k€21k▲
Financial income75/76B€3€0▼
Recurring financial income75€3€0▼
Financial charges65/66B€1k€439▼
Recurring financial charges65€1k€439▼
Profit (loss) for the period before taxes9903€-7k€20k▲
Income taxes67/77€166€3k▲
Profit (loss) for the period9904€-7k€17k▲
Profit (loss) for the period to be appropriated9905€-7k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-2k▲
Profit (loss) brought forward from the previous period14P€-12k€-19k▼
The notes to these accounts (6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €17k
Net result €17k after 2 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Back to profitnet €17k
Net result €17k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-17k ▼130%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial
Highest result since 2018net €58k ▲1029%
Operating result €62k, net result €58k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Denderleeuw · 1 establishment unit since 2012
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.
Regentiestraat 1539473 DenderleeuwGround area
454 m²
Building footprint
201 m²
Volume, LiDAR
469 m³
2 parcels, Brussels, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hygiënestraat 1, 1070 Anderlecht
since 20122.216.031.019
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0029/00B000 | Brussels | 250 m² | 1 · 93 m² | 9.8 m · 2 fl. |
| 41076B0540/00D012 | Flanders | 204 m² | 1 · 107 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,989 companies in sector 43221 we hold annual accounts for 3,444. 2,516 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-05-2012
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
43310Plastering work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43291Specialised construction activities
43320Joinery installation
43343Specialised construction activities
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.