LVincere
ActiveLVincere has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €480k and a net result of €-27k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 49% of 8601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▼-57
Solvency77▼-5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.39 against 0.61 in 2024; short-term debt: 12.2% and cash: 0.9% of total assets), and 48.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.5%
Return on assets
-2.9%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-10-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
6 d early
2023
4 d early
2022
4 d early
2021
9 d early
2020
13 d late
2019
13 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€480k▼ 5.6%
2024 · €509k
2019: €438k
2020: €440k
2021: €425k
2022: €455k
2023: €485k
2024: €509k
2019 → 2025
Total assets
€931k▲ 4.2%
2024 · €894k
2019: €772k
2020: €776k
2021: €762k
2022: €762k
2023: €764k
2024: €894k
2019 → 2025
Net result
€-27k
2024 · €25k
2019: €18k
2020: €2k
2021: €-15k
2022: €32k
2023: €32k
2024: €25k
2019 → 2025
Working capital
€-69k▼ 143%
2024 · €-29k
2019: €-131k
2020: €-106k
2021: €-116k
2022: €-83k
2023: €-6k
2024: €-29k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€425k-€455k▲ 7.0%€485k▲ 6.6%€509k▲ 4.8%€480k▼ 5.6%
Operating result€-5k-€52k€50k▼ 3.5%€43k▼ 14.2%€-16k
Net result€-15k-€32k€32k▲ 0.3%€25k▼ 21.9%€-27k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €16k after €43k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €931k
Fixed assets
€886k▲ 4.4%
Current assets
€45k=
Equity and liabilities €931k
Equity
€480k▼ 5.6%
Debt
€451k▲ 17.1%
The debt ratio rises from 43.1% to 48.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-5k▼
2024 · €45k
Cash flow
€-16k▼
2024 · €26k
Solvency
51.5%▼
2024 · 56.9%
Current ratio
0.39▼
2024 · 0.61
Quick ratio
0.39▼
2024 · 0.61
Debt / equity
0.94▲
2024 · 0.76
ROE
-5.6%▼
2024 · 4.9%
ROA
-2.9%▼
2024 · 2.8%
Interest coverage
-0.50▼
2024 · 6.11
Debt
€451k▲
2024 · €385k
Debt ≤ 1 year
€114k▲
2024 · €73k
Debt > 1 year
€337k▲
2024 · €312k
Income taxes
€425▼
2024 · €11k
Staff costs
€122k▲
2024 · €109k
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€894k€931k▲
Fixed assets21/28€849k€886k▲
Tangible fixed assets22/27€12k€49k▲
Plant, machinery and equipment23€9k€7k▼
Furniture and vehicles24€3k€1k▼
Leasing and similar rights25-€41k
Financial fixed assets28€837k€837k=
Current assets29/58€45k€45k=
Amounts receivable within one year40/41€32k€33k▲
Trade receivables40€31k€21k▼
Other amounts receivable41€627€12k▲
Cash at bank and in hand54/58€10k€8k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€894k€931k▲
Equity10/15€509k€480k▼
Contributions10/11€6k€6k=
Reserves13€502k€474k▼
Tax-exempt reserves132€4k€4k=
Distributable reserves133€498k€470k▼
Amounts payable17/49€385k€451k▲
Amounts payable after more than one year17€312k€337k▲
Financial debts170/4€238k€256k▲
Other amounts payable178/9€74k€81k▲
Amounts payable within one year42/48€73k€114k▲
Current portion of amounts payable after more than one year42€14k€23k▲
Trade debts44€15k€4k▼
Suppliers440/4€15k€4k▼
Taxes, remuneration and social security45€38k€27k▼
Taxes450/3€21k€7k▼
Remuneration and social security454/9€17k€20k▲
Other amounts payable47/48€6k€59k▲
Income statement
Code20242025
Remuneration, social security and pensions62€109k€122k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€11k▲
Other operating charges640/8€563€576▲
Gross operating margin9900€154k€117k▼
Operating profit (loss)9901€43k€-16k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€7k€11k▲
Recurring financial charges65€7k€11k▲
Profit (loss) for the period before taxes9903€36k€-26k▼
Income taxes67/77€11k€425▼
Profit (loss) for the period9904€25k€-27k▼
Profit (loss) for the period to be appropriated9905€25k€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€-27k▼
Transfer from equity791/2€2k€28k▲
Transfer to equity691/2€25k-
To other reserves6921€25k-
Profit to be distributed694/7€2k€2k=
Return on contributions (dividend)694€2k€2k=
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (12 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
28-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-27k ▼208%
Net result drops to €-27k, the lowest in the series.
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Equity above €500kEq €509k ▲4.8%
3 profitable years in a row build equity to €509k.
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Highest result since 2019net €32k ▲0.3%
Net result €32k, the highest in the series.
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
2021
22-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 13 days late
2019
18-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
15-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
07-10
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
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, Ieper · 1 establishment unit since 2009
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.
Vaubanstraat 708900 IeperGround area
1,558 m²
Building footprint
212 m²
Volume, LiDAR
1,175 m³
Parcel 33011C0029/00R002, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LVincere
since 20092.184.245.802
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33011C0029/00R002 | Flanders | 1,558 m² | 1 · 212 m² | 8.8 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.
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BERGé
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PROFIL CORPORATE
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Of 82,518 companies in sector 70200 we hold annual accounts for 52,573. 34,978 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-11-2009
Fiscal year end31-03
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.