LYAS Management
ActiveLYAS Management has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €181k and a net result of €58k. Equity is growing by ~16.8% per year across the filed fiscal years. Its solvency ranks better than 38% of 1898 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85=
Solvency67▼-8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 2.64 in 2024; short-term debt: 21.1% and cash: 23.2% of total assets), and 57.9% 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 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.1%
Return on assets
13.4%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-02-2026, 62 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
62 d early
2024
13 d early
2023
14 d early
2022
41 d early
2021
5 d early
2020
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€181k▼ 14.3%
2024 · €211k
2020: €33k
2021: €99k
2022: €173k
2023: €187k
2024: €211k
2020 → 2025
Total assets
€431k▲ 1.2%
2024 · €426k
2020: €39k
2021: €123k
2022: €185k
2023: €411k
2024: €426k
2020 → 2025
Net result
€58k▲ 6.6%
2024 · €54k
2020: €29k
2021: €66k
2022: €73k
2023: €15k
2024: €54k
2020 → 2025
Working capital
€27k▼ 52.6%
2024 · €57k
2020: €25k
2021: €50k
2022: €126k
2023: €37k
2024: €57k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€99k-€173k▲ 73.9%€187k▲ 8.6%€211k▲ 12.8%€181k▼ 14.3%
Operating result€84k-€93k▲ 10.8%€27k▼ 70.8%€77k▲ 184%€80k▲ 4.4%
Net result€66k-€73k▲ 10.3%€15k▼ 79.7%€54k▲ 263%€58k▲ 6.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 4% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €431k
Fixed assets
€313k▼ 6.3%
Current assets
€118k▲ 28.1%
Equity and liabilities €431k
Equity
€181k▼ 14.3%
Debt
€249k▲ 16.4%
The debt ratio rises from 50.3% to 57.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€101k▲
2024 · €98k
Cash flow
€79k▲
2024 · €75k
Solvency
42.1%▼
2024 · 49.7%
Current ratio
1.30▼
2024 · 2.64
Quick ratio
1.30▼
2024 · 2.64
Debt / equity
1.38▲
2024 · 1.01
ROE
31.8%▲
2024 · 25.5%
ROA
13.4%▲
2024 · 12.7%
Interest coverage
13.48▲
2024 · 11.74
Debt
€249k▲
2024 · €214k
Debt ≤ 1 year
€91k▲
2024 · €35k
Debt > 1 year
€154k▼
2024 · €176k
Income taxes
€15k▲
2024 · €14k
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€426k€431k▲
Fixed assets21/28€333k€313k▼
Tangible fixed assets22/27€333k€313k▼
Land and buildings22€304k€297k▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€14k€3k▼
Other tangible fixed assets26€10k€9k▼
Current assets29/58€92k€118k▲
Amounts receivable within one year40/41€20k€18k▼
Trade receivables40€17k€17k▲
Other amounts receivable41€3k€660▼
Cash at bank and in hand54/58€72k€100k▲
Deferred charges and accrued income490/1€428€416▼
Equity and liabilities
Total equity and liabilities10/49€426k€431k▲
Equity10/15€211k€181k▼
Contributions10/11€4k€4k=
Reserves13€207k€177k▼
Distributable reserves133€207k€177k▼
Profit (loss) carried forward14€184€21▼
Amounts payable17/49€214k€249k▲
Amounts payable after more than one year17€176k€154k▼
Financial debts170/4€176k€154k▼
Amounts payable within one year42/48€35k€91k▲
Current portion of amounts payable after more than one year42€21k€21k▲
Trade debts44€545€4k▲
Suppliers440/4€545€4k▲
Taxes, remuneration and social security45€10k€5k▼
Taxes450/3€10k€5k▼
Other amounts payable47/48€4k€62k▲
Accrued charges and deferred income492/3€4k€4k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€21k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€100k€104k▲
Operating profit (loss)9901€77k€80k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€8k€8k▼
Recurring financial charges65€8k€8k▼
Profit (loss) for the period before taxes9903€68k€73k▲
Income taxes67/77€14k€15k▲
Profit (loss) for the period9904€54k€58k▲
Profit (loss) for the period to be appropriated9905€54k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€54k€58k▲
Profit (loss) brought forward from the previous period14P€174€184▲
Transfer from equity791/2€30k€30k=
Transfer to equity691/2€54k€0▼
To other reserves6921€54k€0▼
Profit to be distributed694/7€30k€88k▲
Return on contributions (dividend)694€30k€88k▲
The notes to these accounts (6 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
2026
27-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €200kEq €211k ▲12.8%
5 profitable years in a row build equity to €211k.
16-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €15k ▼79.7%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
20-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2020net €73k ▲10.3%
Operating result €93k, net result €73k, both a record.
30-09
Financial
Liquidity quadruplescurrent ratio 10.89
Current ratio from 3.08 to 10.89; short-term debt falls from €24k to €13k.
30-09
Financial
Equity above €150kEq €173k ▲73.9%
3 profitable years in a row build equity to €173k.
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro 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, Brugge · 1 establishment unit since 2020
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.
Populierendreef 188310 BruggeGround area
1,336 m²
Building footprint
193 m²
Volume, LiDAR
993 m³
Parcel 31002A0396/00D006, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LYAS Management
since 20202.299.139.233
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31002A0396/00D006 | Flanders | 1,336 m² | 1 · 193 m² | 7.8 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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Of 3,153 companies in sector 63920 we hold annual accounts for 1,522. 1,217 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-02-2020
Fiscal year end30-09
Activities, NACEBEL
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.