LVQ
ActiveThe file of LVQ contains 2 judicial reorganisation notices, as published in the Belgian State Gazette.
Summary
The latest annual accounts of LVQ were filed more than 90 days after the deadline. The 2025 annual accounts show negative equity (-€44,427) and a net result of €14,721. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 8094 sector peers (fiscal year 2025).
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: Filed more than 90 days late
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 8094 sector peers (2025).
NBB · sector comparisonPosition among 8094 sector peers
Solvency
better than 5%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 13-04-2026, 164 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
164 d late
2024
69 d late
2023
on the day
2022
318 d late
2021
660 d late
2020
260 d late
2019
16 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 208 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 13 April (4 of the last 5 filed years within 164 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close29-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€44,427▲ 24.9%
2024 · -€59,148
Net result
€14,721▲ 980%
2024 · €1,363
Total assets
€54,348▲ 16.8%
2024 · €46,515
Solvency
-81.7%▲ 45.4pp
2024 · -127.2%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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€175▼ 91.7%-€41,942€4,805€3,536▼ 26.4%€19,906▲ 463%
Net result-€1,949below the sector's middle half-€44,230below the sector's middle half▼ 2,169%-€75,593below the sector's middle half▼ 70.9%€1,363below the sector's middle half€14,721within the sector's middle half▲ 980%
Equity€59,313within the sector's middle half▼ 1.1%€15,082below the sector's middle half▼ 74.6%-€60,511below the sector's middle half-€59,148below the sector's middle half▲ 2.3%-€44,427below the sector's middle half▲ 24.9%
Total assets€200,274within the sector's middle half▼ 2.6%€101,525below the sector's middle half▼ 49.3%€39,714below the sector's middle half▼ 60.9%€46,515below the sector's middle half▲ 17.1%€54,348below the sector's middle half▲ 16.8%
Debt€140,962▼ 3.3%€86,443▼ 38.7%€100,225▲ 15.9%€105,664▲ 5.4%€98,776▼ 6.5%
Working capital€31,338within the sector's middle half▲ 238%-€21,700within the sector's middle half-€31,257below the sector's middle half▼ 44.0%-€36,894below the sector's middle half▼ 18.0%-€20,782within the sector's middle half▲ 43.7%
Solvency29.6%within the sector's middle half▲ 0.5pp14.9%below the sector's middle half▼ 14.8pp-152.4%below the sector's middle half▼ 167.2pp-127.2%below the sector's middle half▲ 25.2pp-81.7%below the sector's middle half▲ 45.4pp
Current ratio1.39within the sector's middle half▲ 0.290.54below the sector's middle half▼ 0.850.54below the sector's middle half=0.50below the sector's middle half▼ 0.040.69below the sector's middle half▲ 0.19
Return on assets (ROA)-1.0%below the sector's middle half▼ 1.1pp-43.6%below the sector's middle half▼ 42.6pp-190.3%below the sector's middle half▼ 146.8pp2.9%within the sector's middle half▲ 193.3pp27.1%above the sector's middle half▲ 24.2pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 463% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54,348
Fixed assets
€8,610 ▼ 13.9%
Current assets
€45,739 ▲ 25.3%
Key figures and ratios
Debt ≤ 1 year
€66,521▼
2024 · €73,409
Debt > 1 year
€30,000=
2024 · €30,000
Income taxes
€3,168
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,395 | €12,395 | €7,002 | €5,000 | €2,512 | ▼ 49.8% |
| Other operating charges640/8 | €566 | €4,981 | €2,089 | €372 | €276 | ▼ 25.8% |
| Non-recurring operating charges66A | - | €40,000 | - | €109 | - | - |
| Gross operating margin9900 | €13,136 | €15,435 | €13,896 | €9,016 | €22,694 | ▲ 152% |
| Operating profit (loss)9901 | €175 | -€41,942 | €4,805 | €3,536 | €19,906 | ▲ 463% |
| Financial income75/76B | - | €10 | - | €210 | €0 | ▼ 100.0% |
| Recurring financial income75 | - | €10 | - | €210 | €0 | ▼ 100.0% |
| Financial charges65/66B | €2,125 | €2,298 | €67,589 | €2,383 | €2,017 | ▼ 15.3% |
| Recurring financial charges65 | €2,125 | €2,298 | €67,589 | €2,383 | €2,017 | ▼ 15.3% |
| Profit (loss) for the period before taxes9903 | -€1,949 | -€44,230 | -€62,783 | €1,363 | €17,889 | ▲ 1,213% |
| Income taxes67/77 | - | - | €12,810 | - | €3,168 | - |
| Profit (loss) for the period9904 | -€1,949 | -€44,230 | -€75,593 | €1,363 | €14,721 | ▲ 980% |
| Profit (loss) for the period to be appropriated9905 | -€1,949 | -€44,230 | -€75,593 | €1,363 | €14,721 | ▲ 980% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €200,274 | €101,525 | €39,714 | €46,515 | €54,348 | ▲ 16.8% |
| Fixed assets21/28 | €88,322 | €75,927 | €3,000 | €10,000 | €8,610 | ▼ 13.9% |
| Intangible fixed assets21 | €20,240 | €9,000 | €3,000 | - | - | - |
| Tangible fixed assets22/27 | €2,158 | €1,002 | - | €10,000 | €8,610 | ▼ 13.9% |
| Furniture and vehicles24 | - | - | - | €10,000 | €8,610 | ▼ 13.9% |
| Other tangible fixed assets26 | €2,158 | €1,002 | - | - | - | - |
| Financial fixed assets28 | €65,925 | €65,925 | - | - | - | - |
| Current assets29/58 | €111,952 | €25,598 | €36,714 | €36,515 | €45,739 | ▲ 25.3% |
| Stocks and contracts in progress3 | €22,355 | €17,648 | €14,368 | €12,566 | €9,900 | ▼ 21.2% |
| Stocks30/36 | €22,355 | €17,648 | €14,368 | €12,566 | €9,900 | ▼ 21.2% |
| Amounts receivable within one year40/41 | €89,540 | €7,846 | €21,133 | €19,774 | €32,014 | ▲ 61.9% |
| Trade receivables40 | €89,540 | €6,315 | €18,765 | €15,049 | €27,288 | ▲ 81.3% |
| Other amounts receivable41 | - | €1,531 | €2,368 | €4,725 | €4,725 | = |
| Cash at bank and in hand54/58 | €57 | €104 | €1,212 | €4,175 | €3,825 | ▼ 8.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €200,274 | €101,525 | €39,714 | €46,515 | €54,348 | ▲ 16.8% |
| Equity10/15 | €59,313 | €15,082 | -€60,511 | -€59,148 | -€44,427 | ▲ 24.9% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €16,860 | €16,860 | €16,860 | €16,860 | €16,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €15,000 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Profit (loss) carried forward14 | €23,853 | -€20,378 | -€95,971 | -€94,608 | -€79,887 | ▲ 15.6% |
| Amounts payable17/49 | €140,962 | €86,443 | €100,225 | €105,664 | €98,776 | ▼ 6.5% |
| Amounts payable after more than one year17 | €60,000 | €37,238 | €30,000 | €30,000 | €30,000 | = |
| Financial debts170/4 | €10,000 | €7,238 | - | - | - | - |
| Other amounts payable178/9 | €50,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Amounts payable within one year42/48 | €80,614 | €47,298 | €67,970 | €73,409 | €66,521 | ▼ 9.4% |
| Current portion of amounts payable after more than one year42 | - | €14,257 | €7,238 | - | - | - |
| Financial debts43 | €7,196 | €12,368 | €14,080 | €11,324 | €13,413 | ▲ 18.5% |
| Credit institutions430/8 | €7,196 | €12,368 | €14,080 | €11,324 | €13,413 | ▲ 18.5% |
| Trade debts44 | €43,971 | €9,882 | €19,197 | €28,710 | €7,431 | ▼ 74.1% |
| Suppliers440/4 | €43,971 | €9,882 | €19,197 | €28,710 | €7,431 | ▼ 74.1% |
| Advances received on contracts in progress46 | - | €1,117 | - | - | - | - |
| Taxes, remuneration and social security45 | €1,843 | €954 | €19,650 | €18,564 | €27,101 | ▲ 46.0% |
| Taxes450/3 | €1,843 | €954 | €15,900 | €11,184 | €7,721 | ▼ 31.0% |
| Remuneration and social security454/9 | - | - | €3,750 | €7,380 | €19,380 | ▲ 163% |
| Other amounts payable47/48 | €27,605 | €8,721 | €7,805 | €14,811 | €18,577 | ▲ 25.4% |
| Accrued charges and deferred income492/3 | €348 | €1,907 | €2,254 | €2,254 | €2,254 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,949 | -€44,230 | -€75,593 | €1,363 | €14,721 | ▲ 980% |
| + Depreciation and write-downs630 | €12,395 | €12,395 | €7,002 | €5,000 | €2,512 | ▼ 49.8% |
| Operating cash flow (approximation) | €10,446 | -€31,835 | -€68,591 | €6,363 | €17,233 | ▲ 171% |
| Investment in fixed assets (approximation) | - | €0 | €65,925 | -€12,000 | -€1,121 | ▲ 90.7% |
| Change in cash | - | €47 | €1,108 | €2,963 | -€350 | ▼ 112% |
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
13-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 164 days late
2025
08-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
2024
31-03
Financial
Back to profitnet €1,363
Net result €1,363 after 3 loss-making years.
2023
21-12
Judicial reorganisation
Plan homologation
Ondernemingsrechtbank Gent · event 12-12-2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
13-10
Judicial reorganisation
Opening
Ondernemingsrechtbank Gent · collective agreement · event 10-10-2023
14-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 318 days late
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 660 days late
31-03
Financial
Weakest financial yearnet -€75,593
Net result drops to -€75,593, the lowest in the series; recovery starts the following year.
2021
18-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 260 days late
2019
15-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
11-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial 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.
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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, Wevelgem · 1 establishment unit since 2009
Ground area
666 m²
Building footprint
196 m²
Volume, LiDAR
1,254 m³
Parcel 34012C0025/00E000, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LVQ
since 20092.179.395.010
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34012C0025/00E000 | Flanders | 666 m² | 1 · 196 m² | 11.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-03-2022 list no shareholders, and no other source names one.
Holdings 1
-
7.47%
According to the annual accounts to 31-03-2022 of LVQ and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 6,422 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)
Founded26-06-2009
Fiscal year end31-03
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
73300Public relations and communication consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0816781174
Also
9925:BE0816781174
Registered
21-11-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.