Summary
LYCURGUS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €2.2m and a net result of €36,479. Equity is growing by ~446.7% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 23-06-2026, 38 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
38 d early
2024
31 d early
2023
9 d early
2022
70 d early
2021
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 36 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 39% 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 30 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet
Equity
€2.2m▲ 1.7%
2023 · €2.2m
Net result
€36,479▲ 986%
2023 · €3,361
Total assets
€4.4m▲ 1.9%
2023 · €4.3m
Solvency
49.9%▼ 0.1pp
2023 · 50.0%
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€22,284-€51,984▲ 133%€38,534▼ 25.9%€179,561▲ 366%
Net result€15,017within the sector's middle half-€36,468within the sector's middle half▲ 143%€3,361within the sector's middle half▼ 90.8%€36,479within the sector's middle half▲ 986%
Equity€20,017below the sector's middle half-€56,485within the sector's middle half▲ 182%€2.2mabove the sector's middle half▲ 3,729%€2.2mabove the sector's middle half▲ 1.7%
Total assets€35,524below the sector's middle half-€83,753below the sector's middle half▲ 136%€4.3mabove the sector's middle half▲ 5,060%€4.4mabove the sector's middle half▲ 1.9%
Debt€15,507-€27,268▲ 75.8%€2.2m▲ 7,818%€2.2m▲ 2.1%
Working capital€18,962within the sector's middle half-€54,374within the sector's middle half▲ 187%-€537,067below the sector's middle half-€764,990below the sector's middle half▼ 42.4%
Solvency56.3%within the sector's middle half-67.4%within the sector's middle half▲ 11.1pp50.0%within the sector's middle half▼ 17.4pp49.9%within the sector's middle half▼ 0.1pp
Current ratio2.22within the sector's middle half-2.99within the sector's middle half▲ 0.770.09below the sector's middle half▼ 2.910.10below the sector's middle half▲ 0.01
Return on assets (ROA)42.3%above the sector's middle half-43.5%above the sector's middle half▲ 1.3pp0.1%below the sector's middle half▼ 43.5pp0.8%below the sector's middle half▲ 0.8pp
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 366% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.4m
Fixed assets
€4.3m ▲ 1.2%
Current assets
€81,102 ▲ 60.7%
Equity and liabilities €4.4m
Equity
€2.2m ▲ 1.7%
Debt
€2.2m ▲ 2.1%
Debt's share of the balance-sheet total rises from 50.0% to 50.1%. Equity and debt are higher.
Key figures and ratios
ROE
1.7%▲
2023 · 0.2%
Debt ≤ 1 year
€846,092▲
2023 · €587,550
Debt > 1 year
€1.3m▼
2023 · €1.6m
Income taxes
€14,567▲
2023 · €2,755
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €335 | €551 | €1,013 | €1,606 | ▲ 58.6% |
| Other operating charges640/8 | €868 | €615 | €663 | €576 | ▼ 13.1% |
| Gross operating margin9900 | €23,487 | €53,150 | €40,211 | €181,744 | ▲ 352% |
| Operating profit (loss)9901 | €22,284 | €51,984 | €38,534 | €179,561 | ▲ 366% |
| Financial income75/76B | - | €0 | €11,949 | €16,028 | ▲ 34.1% |
| Recurring financial income75 | - | €0 | €11,949 | €16,028 | ▲ 34.1% |
| Financial charges65/66B | €88 | €79 | €44,367 | €144,542 | ▲ 226% |
| Recurring financial charges65 | €88 | €79 | €44,367 | €144,542 | ▲ 226% |
| Profit (loss) for the period before taxes9903 | €22,196 | €51,905 | €6,116 | €51,046 | ▲ 735% |
| Income taxes67/77 | €7,179 | €15,437 | €2,755 | €14,567 | ▲ 429% |
| Profit (loss) for the period9904 | €15,017 | €36,468 | €3,361 | €36,479 | ▲ 986% |
| Profit (loss) for the period to be appropriated9905 | €15,017 | €36,468 | €3,361 | €36,479 | ▲ 986% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €35,524 | €83,753 | €4.3m | €4.4m | ▲ 1.9% |
| Fixed assets21/28 | €1,055 | €2,111 | €4.3m | €4.3m | ▲ 1.2% |
| Tangible fixed assets22/27 | €1,005 | €2,061 | €3,299 | €3,293 | ▼ 0.2% |
| Plant, machinery and equipment23 | - | - | €2,042 | €2,839 | ▲ 39.0% |
| Furniture and vehicles24 | €1,005 | €2,061 | €1,257 | €454 | ▼ 63.9% |
| Financial fixed assets28 | €50 | €50 | €4.3m | €4.3m | ▲ 1.2% |
| Current assets29/58 | €34,469 | €81,642 | €50,483 | €81,102 | ▲ 60.7% |
| Amounts receivable within one year40/41 | €22,990 | €23,648 | €17,352 | €43,472 | ▲ 151% |
| Trade receivables40 | €22,990 | €22,990 | €12,403 | €3,025 | ▼ 75.6% |
| Other amounts receivable41 | - | €658 | €4,950 | €40,447 | ▲ 717% |
| Cash at bank and in hand54/58 | €9,573 | €46,817 | €26,428 | €35,430 | ▲ 34.1% |
| Deferred charges and accrued income490/1 | €1,906 | €11,177 | €6,702 | €2,200 | ▼ 67.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €35,524 | €83,753 | €4.3m | €4.4m | ▲ 1.9% |
| Equity10/15 | €20,017 | €56,485 | €2.2m | €2.2m | ▲ 1.7% |
| Contributions10/11 | €5,000 | €5,000 | €2.1m | €2.1m | = |
| Reserves13 | €15,017 | €51,485 | €54,845 | €91,325 | ▲ 66.5% |
| Distributable reserves133 | €15,017 | €51,485 | €54,845 | €91,325 | ▲ 66.5% |
| Amounts payable17/49 | €15,507 | €27,268 | €2.2m | €2.2m | ▲ 2.1% |
| Amounts payable after more than one year17 | - | - | €1.6m | €1.3m | ▼ 18.2% |
| Financial debts170/4 | - | - | €1.6m | €1.3m | ▼ 18.2% |
| Amounts payable within one year42/48 | €15,507 | €27,268 | €587,550 | €846,092 | ▲ 44.0% |
| Current portion of amounts payable after more than one year42 | - | - | €285,714 | €285,714 | = |
| Financial debts43 | €113 | €73 | €0 | €21 | - |
| Credit institutions430/8 | €113 | €73 | €0 | €21 | - |
| Trade debts44 | €1,815 | €4,319 | €7,120 | €406 | ▼ 94.3% |
| Suppliers440/4 | €1,815 | €4,319 | €7,120 | €406 | ▼ 94.3% |
| Taxes, remuneration and social security45 | €13,145 | €22,008 | €9,531 | €7,624 | ▼ 20.0% |
| Taxes450/3 | €13,145 | €22,008 | €9,531 | €7,624 | ▼ 20.0% |
| Other amounts payable47/48 | €434 | €868 | €285,185 | €552,327 | ▲ 93.7% |
| Accrued charges and deferred income492/3 | - | - | - | €73,051 | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,017 | €36,468 | €3,361 | €36,479 | ▲ 986% |
| + Depreciation and write-downs630 | €335 | €551 | €1,013 | €1,606 | ▲ 58.6% |
| Operating cash flow (approximation) | €15,352 | €37,019 | €4,373 | €38,086 | ▲ 771% |
| Investment in fixed assets (approximation) | - | -€1,607 | -€4.3m | -€53,346 | ▲ 98.8% |
| Change in cash | - | €37,244 | -€20,389 | €9,002 | ▲ 144% |
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
Next filing, fiscal year 2026, expected by
2026
23-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €36,479 ▲986%
Operating result €179,561, net result €36,479, both a record.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €3,361 ▼90.8%
Net result drops to €3,361, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €2mEq €2.2m ▲3,729%
3 profitable years in a row build equity to €2.2m.
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 2020
Ground area
349 m²
Building footprint
158 m²
Volume, LiDAR
2,078 m³
Parcel 31804D0915/00B000, Flanders · tallest building 16.8 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
LYCURGUS
since 20202.308.072.240
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31804D0915/00B000 | Flanders | 349 m² | 1 · 158 m² | 16.8 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Legal Entity Identifier
984500CPDE898808D597
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Of 1,506 companies in this sector we hold annual accounts for 923. 413 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded02-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
66199Other activities auxiliary to financial services, excluding insurance and pension funding
E-invoicing
Reachable via Peppol
Peppol ID
0208:0755616934
Also
9925:BE0755616934
Registered
07-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.