Equity
€269,070 ▲ 116%
Equity rose in 2024 from €124,393 to €269,070.
LY Group
Lifetime
4 annual accounts with figures on one time axispeak €600,936 (2024)
€600,936▲ 50.7%
lowest -€68,418 (2022)
€144,677▼ 16.7%
peak €269,070 (2024)
€269,070▲ 116%
€1.6m▲ 4.3%
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
16-12-2025138 days late
2024micro format
Gross margin from €398,891 to €600,936Purpose change · Amendment of the articles 30-10Equity from €124,393 to €269,070Cash from €147,282 to €358,703
Key points
from the 2024 annual accountsTurnover
≈ €920,000 estimated
The micro format states no turnover.
Debts
€1.6m 85% of the balance sheet
Financial debts 75%Suppliers 10%Taxes and wages 6%Other 10%
Of this, €395,691 falls due within a year.
Filings
4 annual accounts 105 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Starting capital
€50,000 200 shares
Position in the sector
14.6%
Lower solvency than 87% of companies in human health. Sector median 67.4% · 19,778 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,715 companies had the same profile as LY Group has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,715 companies, not a prediction for LY Group. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0765360682
Purpose change · Amendment of the articles
“1. Toutes opérations liées directement ou indirectement à l’exercice de la profession de dentiste, à…” (deed in French) · General meeting of 16-10-2024 · Gazette deed
Incorporation
Founding capital of €50,000, 200 shares · Appointments: (director) and (director) · published on 22-03-2021 · Gazette deed
First establishment
Generaal Bernheimlaan 18-20, Etterbeek
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LY Group Etterbeek | €1.8m | €600,936 | 14.6% | - |
| Lammerenberg Brussels | €2.1m | €679,872 | 10.3% | 7.3 |
| KS Ortho Antwerp | €1.7m | €605,453 | 64.7% | 3.2 |
| Dentelle Grobbendonk | €1.7m | €571,363 | 1.1% | - |
| Maki - Invest Duffel | €1.8m | €622,324 | 0.2% | - |
| Orthodontie Desmedt Diksmuide | €2.1m | €593,081 | 39.4% | 2.7 |
| BALI MAXILLO WAVRE Wavre | €1.6m | €580,800 | 34.6% | 3.6 |
These companies have the same main activity as LY Group: dental practice (NACE 86230). They are comparable in size and age: total assets between €1.6m and €2.1m, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 18-03-2021Normal situation
- Registered office
- 15 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 12 November 2026.
- Activity
- Dental practiceNACE 86230and 1 other
- Establishment unit
- 2.322.521.9731040 Etterbeek, since 18-03-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Insights on LY Group
LY Group files the micro format. That format states no turnover. The gross margin rose from €51,543 in 2021 to €600,936 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LY Group
- What is the company number of LY Group?
- The company number of LY Group is 0765.360.682. The VAT number is the same number with BE in front: BE 0765.360.682.
- Where is LY Group based?
- The registered office is at Generaal Bernheimlaan 18-20, 1040 Etterbeek.Company details
- What does LY Group do?
- According to the KBO register, the main activity is dental practice (NACE 86230).
- What is the legal form of LY Group?
- LY Group is a private limited company (BV).
- When was LY Group founded?
- LY Group was founded on 18-03-2021.
- Is LY Group still active?
- Yes, LY Group is an active enterprise in the KBO register.
- How many employees does LY Group have?
- LY Group had an average of 8.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of LY Group?
- The turnover in financial year 2024 is ≈ €920,000. This figure is estimated from the gross margin of €600,936 and 37 comparable companies (NACE 862). It probably lies between €810,000 and €1.2m.
- Is LY Group profitable?
- In financial year 2024, LY Group made a profit of €144,677.
- Where can I find the annual accounts of LY Group?
- LY Group filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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