LYCAON
ActiveSummary
The computed 12-month bankruptcy probability of LYCAON is 1.9% (moderate). For LYCAON, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €25k and a net result of €20k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 633 sector peers (fiscal year 2022). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability73▲+49
Solvency38▲+10
Growth58=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2022Solvency, return and age of the figures
Solvency
13.5%
Return on assets
10.8%
Age of the figures
45 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
about 8% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 07-04-2023, 115 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
115 d early
2021
61 d late
2020
67 d late
2019
123 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€25k▲ 409%
2021 · €5k
2018: €71khighest in 5 years
2019: €55k▼ -21.4% vs 2018
2020: €13k▼ -77.0% vs 2019
2021: €5k▼ -61.0% vs 2020lowest in 5 years
2022: €25k▲ +409% vs 2021
2018 → 2022
Total assets
€187k▲ 3.7%
2021 · €181k
2018: €126klowest in 5 years
2019: €237k▲ +87.3% vs 2018highest in 5 years
2020: €201k▼ -15.2% vs 2019
2021: €181k▼ -10.0% vs 2020
2022: €187k▲ +3.7% vs 2021
2018 → 2022
Net result
€20k
2021 · €-8k
2018: €-9k
2019: €-15k▼ -67.2% vs 2018
2020: €-43k▼ -182% vs 2019lowest in 5 years
2021: €-8k▲ +81.8% vs 2020
2022: €20k▲ +361% vs 2021highest in 5 years
2018 → 2022
Working capital
€7k
2021 · €-14k
2018: €46khighest in 5 years
2019: €36k▼ -21.2% vs 2018
2020: €-5k▼ -114% vs 2019
2021: €-14k▼ -172% vs 2020lowest in 5 years
2022: €7k▲ +152% vs 2021
2018 → 2022
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€71k-€55k▼ 21.4%€13k▼ 77.0%€5k▼ 61.0%€25k▲ 409%
2018: €71khighest in 5 years
2019: €55k▼ -21.4% vs 2018
2020: €13k▼ -77.0% vs 2019
2021: €5k▼ -61.0% vs 2020lowest in 5 years
2022: €25k▲ +409% vs 2021
Operating result€-3k-€-6k▼ 111%€-35k▼ 445%€-520▲ 98.5%€27k
2018: €-3k
2019: €-6k▼ -111% vs 2018
2020: €-35k▼ -445% vs 2019lowest in 5 years
2021: €-520▲ +98.5% vs 2020
2022: €27k▲ +5217% vs 2021highest in 5 years
Net result€-9k-€-15k▼ 67.2%€-43k▼ 182%€-8k▲ 81.8%€20k
2018: €-9k
2019: €-15k▼ -67.2% vs 2018
2020: €-43k▼ -182% vs 2019lowest in 5 years
2021: €-8k▲ +81.8% vs 2020
2022: €20k▲ +361% vs 2021highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €27k after a loss of €520 in 2021, the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €187k
Fixed assets
€138k ▼ 6.1%
Current assets
€49k ▲ 46.9%
Equity and liabilities €187k
Equity
€25k ▲ 409%
Debt
€162k ▼ 7.8%
Debt's share of the balance-sheet total falls from 97.3% to 86.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36k▲
2021 · €9k
Cash flow
€29k▲
2021 · €2k
Current ratio
1.17▲
2021 · 0.71
Debt to equity
6.42▼
2021 · 35.41
ROE
80.3%▲
2021 · -156.5%
ROA
10.8%▲
2021 · -4.3%
Interest coverage
4.90▲
2021 · 1.31
Debt ≤ 1 year
€42k▼
2021 · €47k
Debt > 1 year
€120k▼
2021 · €129k
Income taxes
€120▼
2021 · €234
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 48 lines
Balance sheet
Code20212022
Assets
Total assets20/58€181k€187k▲
Fixed assets21/28€147k€138k▼
Tangible fixed assets22/27€147k€138k▼
Land and buildings22€147k€138k▼
Furniture and vehicles24€810€509▼
Financial fixed assets28€25€25=
Current assets29/58€33k€49k▲
Amounts receivable within one year40/41€29k€44k▲
Trade receivables40€27k€18k▼
Other amounts receivable41€1k€25k▲
Cash at bank and in hand54/58€3k€4k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€181k€187k▲
Equity10/15€5k€25k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-3k€17k▲
Amounts payable17/49€176k€162k▼
Amounts payable after more than one year17€129k€120k▼
Financial debts170/4€129k€120k▼
Amounts payable within one year42/48€47k€42k▼
Current portion of amounts payable after more than one year42€9k€9k▲
Financial debts43€26k€25k▼
Credit institutions430/8€26k€25k▼
Trade debts44€8k€7k▼
Suppliers440/4€8k€7k▼
Taxes, remuneration and social security45€2k€600▼
Remuneration and social security454/9€2k€600▼
Other amounts payable47/48€2k-
Accrued charges and deferred income492/3-€629
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▼
Other operating charges640/8€3k€902▼
Gross operating margin9900€12k€36k▲
Operating profit (loss)9901€-520€27k▲
Financial income75/76B€73€1k▲
Recurring financial income75€73€754▲
Non-recurring financial income76B-€300
Financial charges65/66B€7k€7k▲
Recurring financial charges65€7k€7k▲
Non-recurring financial charges66B€390-
Profit (loss) for the period before taxes9903€-8k€20k▲
Income taxes67/77€234€120▼
Profit (loss) for the period9904€-8k€20k▲
Profit (loss) for the period to be appropriated9905€-8k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€17k▲
Profit (loss) brought forward from the previous period14P€5k€-3k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €10k | €9k | €9k | €9k | ▼ 3.5% |
| Other operating charges640/8 | - | - | - | €3k | €902 | ▼ 72.5% |
| Gross operating margin9900 | €2k | €4k | €-23k | €12k | €36k | ▲ 203% |
| Operating profit (loss)9901 | €-3k | €-6k | €-35k | €-520 | €27k | ▲ 5,217% |
| Financial income75/76B | - | - | - | €73 | €1k | ▲ 1,344% |
| Recurring financial income75 | €175 | €11 | €20 | €73 | €754 | ▲ 933% |
| Non-recurring financial income76B | - | - | - | - | €300 | - |
| Financial charges65/66B | - | - | - | €7k | €7k | ▲ 2.6% |
| Recurring financial charges65 | €4k | €8k | €7k | €7k | €7k | ▲ 8.5% |
| Non-recurring financial charges66B | - | - | - | €390 | - | - |
| Profit (loss) for the period before taxes9903 | €-7k | €-15k | €-43k | €-8k | €20k | ▲ 371% |
| Income taxes67/77 | €2k | €120 | - | €234 | €120 | ▼ 48.7% |
| Profit (loss) for the period9904 | €-9k | €-15k | €-43k | €-8k | €20k | ▲ 361% |
| Profit (loss) for the period to be appropriated9905 | €-9k | €-15k | €-43k | €-8k | €20k | ▲ 361% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €126k | €237k | €201k | €181k | €187k | ▲ 3.7% |
| Fixed assets21/28 | €48k | €165k | €156k | €147k | €138k | ▼ 6.1% |
| Tangible fixed assets22/27 | €48k | €165k | €156k | €147k | €138k | ▼ 6.1% |
| Land and buildings22 | - | - | - | €147k | €138k | ▼ 5.9% |
| Furniture and vehicles24 | - | - | - | €810 | €509 | ▼ 37.2% |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €78k | €72k | €45k | €33k | €49k | ▲ 46.9% |
| Amounts receivable within one year40/41 | €75k | €68k | €43k | €29k | €44k | ▲ 52.7% |
| Trade receivables40 | - | - | - | €27k | €18k | ▼ 32.2% |
| Other amounts receivable41 | - | - | - | €1k | €25k | ▲ 1,640% |
| Cash at bank and in hand54/58 | €4k | €2k | €615 | €3k | €4k | ▲ 38.5% |
| Deferred charges and accrued income490/1 | - | - | - | €2k | €1k | ▼ 34.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €126k | €237k | €201k | €181k | €187k | ▲ 3.7% |
| Equity10/15 | €71k | €55k | €13k | €5k | €25k | ▲ 409% |
| Contributions10/11 | €6k | €6k | - | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | - | - | €2k | €2k | = |
| Reserves not available under the articles1311 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €62k | €47k | €5k | €-3k | €17k | ▲ 654% |
| Amounts payable17/49 | €56k | €181k | €188k | €176k | €162k | ▼ 7.8% |
| Amounts payable after more than one year17 | €23k | €146k | €137k | €129k | €120k | ▼ 7.0% |
| Financial debts170/4 | - | - | - | €129k | €120k | ▼ 7.0% |
| Amounts payable within one year42/48 | €32k | €36k | €50k | €47k | €42k | ▼ 11.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €9k | €9k | ▲ 2.8% |
| Financial debts43 | - | - | - | €26k | €25k | ▼ 1.9% |
| Credit institutions430/8 | - | - | - | €26k | €25k | ▼ 1.9% |
| Trade debts44 | €8k | - | €15k | €8k | €7k | ▼ 16.6% |
| Suppliers440/4 | - | - | - | €8k | €7k | ▼ 16.6% |
| Taxes, remuneration and social security45 | - | - | - | €2k | €600 | ▼ 70.0% |
| Remuneration and social security454/9 | - | - | - | €2k | €600 | ▼ 70.0% |
| Other amounts payable47/48 | - | - | - | €2k | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €629 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-9k | €-15k | €-43k | €-8k | €20k | ▲ 361% |
| + Depreciation and write-downs630 | €3k | €10k | €9k | €9k | €9k | ▼ 3.5% |
| Operating cash flow (approximation) | €-6k | €-5k | €-33k | €2k | €29k | ▲ 1,807% |
| Investment in fixed assets (approximation) | - | €-127k | €0 | €-900 | €0 | ▲ 100% |
| Change in cash | - | €-1k | €-2k | €2k | €1k | ▼ 50.8% |
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
2026
21-09
State Gazette act
Court decision · General meetingRegistered-office move3 facts ▸
State Gazette act
Court decision · General meeting
Registered-office move3 facts ▸
- Court decision, 27-08-2026
- General meeting, 07-09-2026
- Registered-office move, Avenue de l'Exposition Universelle, 50 à 1083 Ganshoren
2023
07-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €20k
Net result €20k after 4 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
06-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 67 days late
2020
31-12
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
01-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 123 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 60 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
31-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Jette · 1 establishment unit since 2010
Ground area
351 m²
Building footprint
173 m²
Volume, LiDAR
1,465 m³
2 parcels, Brussels · tallest building 15.2 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
LYCAON
since 20102.191.797.845
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21008A0400/00K003 | Brussels | 192 m² | 1 · 78 m² | 15.2 m · 3 fl. |
| 21010B0235/00X012 | Brussels | 159 m² | 1 · 95 m² | 12.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,599 companies in sector 16230 we hold annual accounts for 784. 500 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)
Founded13-07-2010
Fiscal year end31-12
Activities, NACEBEL 2025
16230Manufacture of other builders' carpentry and joinery
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
Scores and ratios are computed by Checked and are not a credit decision.