Equity
€25,542 ▲ 17.0%
LYRA has made a profit without a break since 2020.
LYRA
Lifetime
19 annual accounts with figures on one time axis, 24 filings since 2002peak €17,080 (2025)
€17,080▲ 18.0%
lowest -€13,693 (2019)
€3,715▲ 16.6%
peak €25,542 (2025)
€25,542▲ 17.0%
€30,748▼ 15.8%
Board4 names since 2022
3 directorsRawoens Guy and 2 others
Documentsfilings and deeds
14-11-202514 days late
2025micro format
Gross margin from €14,474 to €17,080Equity from €21,827 to €25,542Debts from €36,512 to €30,748Cash from €3,583 to €12,630
Key points
from the 2025 annual accountsChecked score
83
Excellent
Financially stronger than 58% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.5%● unchanged vs 07-2025
09-2025: 0.4%▼ -0.1 percentage points vs 08-2025
10-2025: 0.6%▲ +0.2 percentage points vs 09-2025
11-2025: 1.0%▲ +0.4 percentage points vs 10-2025highest value
12-2025: 0.2%▼ -0.8 percentage points vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.4%▲ +0.2 percentage points vs 09-2026
11-2026: 0.5%▲ +0.1 percentage points vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Figures for financial year 2025 (filed on 18-11-2025)
Size: total assets €56,290
lowers risk
Founded in 2001
Liquidity: current ratio 1.70, cash €12,630
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 49% of them on solvency, 64% on liquidity, 53% on profitability and 64% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-03-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as LYRA has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LYRA itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for LYRA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.7 (1.24 in 2024), above the usual 1.5. Short-term debt is 29.2% and cash 22.4% of total assets. However, 54.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 14-11-2025, 14 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2026
not filed
2025
14 days late
2024
on the day
2023
32 days early
2022
2 days early
2021
32 days early
2020
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 9 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Board and ownership
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0474734232
Appointments: De Bock Fabiola (director) and Rawoens Kimberley (director)
General meeting of 21-07-2023 · Gazette deed
Change of role: Rawoens Guy, from statutory manager to director
“Aannemer van schilderwerken,zowel binnen-als buitenschilderwerk; Het behandelen van muren met vochtwerende en…” (deed in Dutch) · General meeting of 25-04-2023 · Gazette deed
First establishment
Eekhoutdriesstraat 88 A, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LYRA Ghent | €56,290 | €17,080 | 45.4% | - |
| VIA Ninove | €51,815 | €21,014 | 48.9% | - |
| BELLUARDO Anderlecht | €58,726 | €14,743 | 1.5% | - |
| SCHILDER- EN DECORATIEWERKEN AUGUSTYNS Wuustwezel | €61,484 | €14,564 | 76.6% | - |
| SCHILDERWERKEN DEVOS Waregem | €56,773 | €15,794 | 69.8% | - |
| VIVANAT Rumes | €49,413 | €14,974 | -493.7% | - |
| Decorilja Boechout | €57,563 | €20,896 | 82.2% | - |
These companies have the same main activity as LYRA: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €49,400 and €61,500, founded between 1997 and 2002.
Official details
Source: KBO- Status
- Active since 03-05-2001Normal situation
- Activity
- Painting of buildingsNACE 43341and 3 others
- Establishment unit
- 2.098.237.2869041 Ghent, since 06-07-2001
- Financial year end
- 31 March
- Peppol
- Reachable since 20-05-2025
Insights on LYRA
LYRA files the micro format. That format states no turnover. The gross margin rose from €8,800 in 2007 to €17,080 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LYRA
- What is the company number of LYRA?
- The company number of LYRA is 0474.734.232. The VAT number is the same number with BE in front: BE 0474.734.232.
- Where is LYRA based?
- The registered office is at Eekhoutdriesstraat 88 A, 9041 Ghent.Company details
- What does LYRA do?
- According to the KBO register, the main activity is painting of buildings (NACE 43341).
- What is the legal form of LYRA?
- LYRA is a private limited company (BV).
- When was LYRA founded?
- LYRA was founded on 03-05-2001.
- Is LYRA still active?
- Yes, LYRA is an active enterprise in the KBO register.
- What is the turnover of LYRA?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €17,080 and 159 comparable companies (NACE 433). It probably lies between €100,000 and €360,000. It is a rough estimate.Financials
- Is LYRA profitable?
- In financial year 2025, LYRA made a profit of €3,715.
- Where can I find the annual accounts of LYRA?
- LYRA filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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