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LY Team

Active
Private limited companyfounded 201511 yrs activeAvenue de la Libération 51, 5660 Couvin, BelgiumKBO/BCE: BE 0633.523.034
Summary

LY Team has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€5,326) and a net result of €2,551. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 20110 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

What they do
Retail sale of electrical household appliances
NACE 47540
1 site
How big
€821,342turnover 2025
Equity
-€5,326
Profit
€2,551
Financially healthy?
49 Fair Checked score 2025
Bankruptcy chance 12 m
1.2%
Who decides
Accounts 46 d early0 of 2 deeds read
Why 49- Higher-failure-rate sector- Annual accounts: weaker financial profile- Higher-failure-rate region- Weak solvency vs sectorLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability69▲+63
Solvency0=
Growth60▲+32
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.41 against 0.2 in 2024; short-term debt: 130.8% and cash: 49.7% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
-35.8%
Return on assets
17.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 20110 sector peers (2025).
NBB · sector comparison
Position among 20110 sector peers
Solvency
better than 14%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
46 d early
2024
35 d early
2023
42 d early
2022
45 d early
2021
4 d early
2020
11 d late
2019
42 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 29 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 20 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Back to profitnet €2,551
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€5,326 View
  • Caution: Among the weakest 15% on solvencysector median 34.1% · 20,110 companies -35.8% View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

By topic

Financials

Fiscal year
2025
Turnover
€821,342
Profit
€2,551
Solvency
-35.8%
Turnover▲ 8.1%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 15-06-2026Annual accounts filed
  2. 31-12-2025Back to profit
  3. 26-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of electrical household appliancesNACE 47540
Founded
23-06-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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