Lycham
ActiveSummary
Lycham has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€28,664) and a net result of -€24,254. Equity is shrinking by about 67% per year across the filed financial years. Its solvency ranks better than 7% of 38,960 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result stays negative: a loss of €23,521 in 2025 against €499 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 6,007 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,007 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,215 | - | €44 | €48 | €48 | €22,971 | ▲ 48,118% |
| Other operating charges640/8 | - | - | €643 | €384 | €387 | €490 | ▲ 26.5% |
| Gross operating margin9900 | €1,302 | -€2,045 | €320 | -€57 | -€64 | -€61 | ▲ 5.2% |
| Operating profit (loss)9901 | -€261 | -€2,045 | -€367 | -€489 | -€499 | -€23,521 | ▼ 4,616% |
| Financial charges65/66B | - | - | €738 | €1,088 | €741 | €733 | ▼ 1.1% |
| Recurring financial charges65 | - | €181 | €738 | €1,088 | €741 | €733 | ▼ 1.1% |
| Profit (loss) for the period before taxes9903 | -€261 | -€2,226 | -€1,105 | -€1,577 | -€1,240 | -€24,254 | ▼ 1,857% |
| Profit (loss) for the period9904 | -€261 | -€2,226 | -€1,105 | -€1,577 | -€1,240 | -€24,254 | ▼ 1,857% |
| Profit (loss) for the period to be appropriated9905 | -€261 | -€2,226 | -€1,105 | -€1,577 | -€1,240 | -€24,254 | ▼ 1,857% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €2,212 | €87 | €2,129 | €1,958 | €1,862 | €170,629 | ▲ 9,065% |
| Fixed assets21/28 | - | - | €1,941 | €1,893 | €1,845 | €170,124 | ▲ 9,118% |
| Tangible fixed assets22/27 | - | - | €1,941 | €1,893 | €1,845 | €170,124 | ▲ 9,118% |
| Land and buildings22 | - | - | €1,941 | €1,893 | €1,845 | €170,124 | ▲ 9,118% |
| Current assets29/58 | €2,212 | €87 | €188 | €65 | €16 | €504 | ▲ 2,986% |
| Amounts receivable within one year40/41 | €100 | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €2,112 | €87 | €188 | €65 | €16 | €504 | ▲ 2,986% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €2,212 | €87 | €2,129 | €1,958 | €1,862 | €170,629 | ▲ 9,065% |
| Equity10/15 | €1,739 | -€487 | -€1,593 | -€3,170 | -€4,410 | -€28,664 | ▼ 550% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€261 | -€2,487 | -€3,593 | -€5,170 | -€6,410 | -€30,664 | ▼ 378% |
| Amounts payable17/49 | €473 | €574 | €3,721 | €5,128 | €6,271 | €199,292 | ▲ 3,078% |
| Amounts payable within one year42/48 | €473 | €574 | €3,721 | €5,128 | €6,271 | €199,292 | ▲ 3,078% |
| Trade debts44 | €348 | €348 | €695 | €384 | €387 | €400 | ▲ 3.2% |
| Suppliers440/4 | - | - | €695 | €384 | €387 | €400 | ▲ 3.2% |
| Other amounts payable47/48 | - | - | €3,026 | €4,744 | €5,884 | €198,893 | ▲ 3,280% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€261 | -€2,226 | -€1,105 | -€1,577 | -€1,240 | -€24,254 | ▼ 1,857% |
| + Depreciation and write-downs630 | €1,215 | - | €44 | €48 | €48 | €22,971 | ▲ 48,118% |
| Operating cash flow (approximation) | €954 | -€2,226 | -€1,061 | -€1,530 | -€1,192 | -€1,283 | ▼ 7.6% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €0 | -€191,250 | - |
| Change in cash | - | -€2,025 | €101 | -€123 | -€49 | €488 | ▲ 1,096% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.