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LY CONSULTING

Active
Private limited company (pre-2019)founded 200818 yrs activeMelkriekstraat 114, 1180 Ukkel, BelgiumKBO/BCE: BE 0898.869.405

LY CONSULTING has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €744k and a net result of €113k. Equity is growing by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 69% of 20787 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
100 / 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▼-13
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 4.21 against 5.2 in 2023), and 23.2% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 18 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
76.8%
Return on assets
11.7%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-10-2025, 85 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 filings
Deviation from the deadline
2025
not confirmed
2024
85 d late
2023
71 d late
2021
122 d late
2020
61 d late
2019
94 d late
2018
11 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover
€225k
EBIT margin
58.5%
Net result
€113k▲ 0.9%
2023 · €112k
2018: €85k 2019: €104k 2020: €76k 2021: €78k 2023: €112k
2018 → 2024
Working capital
€713k▲ 13.3%
2023 · €629k
2018: €292k 2019: €289k 2020: €320k 2021: €401k 2023: €629k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192020202120232024Trend
Equity€299k-€323k▲ 7.9%€402k▲ 24.2%€630k▲ 57.0%€744k▲ 17.9%
Operating result€153k-€100k▼ 34.8%€114k▲ 14.1%€159k▲ 39.8%€161k▲ 1.3%
Net result€104k-€76k▼ 26.9%€78k▲ 2.9%€112k▲ 43.1%€113k▲ 0.9%
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2019: €153k€153kNet result 2019: €104k€104kOperating result 2020: €100k€100kNet result 2020: €76k€76kOperating result 2021: €114k€114kNet result 2021: €78k€78kOperating result 2023: €159k€159kNet result 2023: €112k€112kOperating result 2024: €161k€161kNet result 2024: €113k€113k20192020202120232024
After the dip in 2020 the operating result has climbed three years in a row; 2024 is 1% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €968k
Fixed assets €32k▲ 3,039%
Current assets €936k▲ 20.1%
Equity and liabilities €968k
Equity €744k▲ 17.9%
Debt €224k▲ 49.7%
The debt ratio rises from 19.2% to 23.2%: debt grows faster than equity.
Key figures and ratios
2024 value · change against 2023
EBITDA
€164k
2023 · €160k
Cash flow
€116k
2023 · €113k
Solvency
76.8%
2023 · 80.8%
Current ratio
4.21
2023 · 5.20
Quick ratio
4.21
2023 · 5.20
Debt / equity
0.30
2023 · 0.24
ROE
15.2%
2023 · 17.8%
ROA
11.7%
2023 · 14.4%
Interest coverage
181.53
2023 · 135.68
Debt
€224k
2023 · €150k
Debt ≤ 1 year
€222k
2023 · €150k
Income taxes
€51k
2023 · €50k
Staff costs
€8k
2023 · €7k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€780k€968k
Fixed assets21/28€1k€32k
Tangible fixed assets22/27€660€32k
Furniture and vehicles24€660€32k
Financial fixed assets28€363€363=
Current assets29/58€779k€936k
Amounts receivable after more than one year29€211k€211k=
Other amounts receivable291€211k€211k=
Amounts receivable within one year40/41€70k€72k
Trade receivables40€70k€72k
Cash at bank and in hand54/58€498k€652k
Equity and liabilities
Total equity and liabilities10/49€780k€968k
Equity10/15€630k€744k
Contributions10/11€19k€19k=
Reserves13€370k€483k
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133€370k€481k
Profit (loss) carried forward14€242k€242k=
Amounts payable17/49€150k€224k
Amounts payable within one year42/48€150k€222k
Trade debts44€8k€97k
Suppliers440/4€8k€97k
Taxes, remuneration and social security45€127k€77k
Taxes450/3€119k€72k
Remuneration and social security454/9€7k€5k
Other amounts payable47/48€15k€48k
Accrued charges and deferred income492/3-€2k
Income statement Code20232024
Remuneration, social security and pensions62€7k€8k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€776€3k
Other operating charges640/8€374€3k
Gross operating margin9900€168k€174k
Operating profit (loss)9901€159k€161k
Financial income75/76B€4k€4k=
Recurring financial income75€4k€4k=
Financial charges65/66B€1k€905
Recurring financial charges65€1k€905
Profit (loss) for the period before taxes9903€162k€164k
Income taxes67/77€50k€51k
Profit (loss) for the period9904€112k€113k
Profit (loss) for the period to be appropriated9905€112k€113k
Appropriation of the result
Profit (loss) to be appropriated9906€354k€355k
Profit (loss) brought forward from the previous period14P€242k€242k=
Transfer to equity691/2€112k€113k
To the legal reserve6920-€113k
To other reserves6921€112k-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
24-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 85 days late
2024
31-12
Financial Highest result since 2018net €113k ▲0.9%
Operating result €161k, net result €113k, both a record.
10-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 71 days late
2023
31-12
Financial Equity above €500kEq €630k ▲57%
5 profitable years in a row build equity to €630k.
2022
30-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
30-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial Weakest financial yearnet €76k ▼26.9%
Net result drops to €76k, the lowest in the series; recovery starts the following year.
02-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 94 days late
2019
20-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
19-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
20-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
25-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
31-07
NBB filing Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Ukkel · 1 establishment unit since 2008
establishment The establishment unit on the map
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.

Melkriekstraat 1141180 Ukkel
Ground area
708 m²
Building footprint
211 m²
Volume, LiDAR
2,805 m³
Parcel 21616G0249/00M000, Brussels · tallest building 16.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LY CONSULTING
Melkriekstraat 114, 1180 UkkelWholesale trade
since 20082.171.795.455
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21616G0249/00M000 Brussels 708 m² 1 · 211 m² 16.6 m · 4 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.

Similar companies · same sector, comparable size

Of 29,884 companies in sector 62200 we hold annual accounts for 18,321. 10,043 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded27-06-2008
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:0496/17.31.49
Establishment Ukkel 2.171.795.455