LYRA
ActiveSummary
LYRA has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €4k. Equity is growing by ~40.4% per year across the filed fiscal years. Its solvency ranks better than 48% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+1
Solvency70▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.7 against 1.24 in 2024; short-term debt: 29.2% and cash: 22.4% of total assets), but 54.6% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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 2025Solvency, return and age of the figures
Solvency
45.4%
Return on assets
6.6%
Age of the figures
18 mo
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: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
14 d late
2024
on the day
2023
32 d early
2022
2 d early
2021
32 d early
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Hiring this company for building work? Recognition, activities and what to check first.Contractor check Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2025, micro schema
Equity
€26k▲ 17.0%
2024 · €22k
Total assets
€56k▼ 3.5%
2024 · €58k
Net result
€4k▲ 16.6%
2024 · €3k
Working capital
€11k▲ 194%
2024 · €4k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€5k▲ 17.9%€4k▼ 19.2%€9k▲ 109%€6k▼ 39.3%€6k▲ 10.1%
Net result€6k▲ 16.0%€3k▼ 38.8%€7k▲ 107%€3k▼ 55.1%€4k▲ 16.6%
Equity€8k▲ 222%€12k▲ 42.2%€19k▲ 61.5%€22k▲ 17.1%€26k▲ 17.0%
Total assets€13k▼ 20.2%€25k▲ 92.3%€25k=€58k▲ 136%€56k▼ 3.5%
Debt€5k▼ 65.2%€13k▲ 179%€6k▼ 54.0%€37k▲ 504%€31k▼ 15.8%
Working capital€7k▲ 476%€11k▲ 52.2%€18k▲ 63.5%€4k▼ 78.5%€11k▲ 194%
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 2025; 2025 is 10% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €56k
Fixed assets
€28k ▼ 25.1%
Current assets
€28k ▲ 36.5%
Equity and liabilities €56k
Equity
€26k ▲ 17.0%
Debt
€31k ▼ 15.8%
Debt's share of the balance-sheet total falls from 62.6% to 54.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16k▲
2024 · €13k
Cash flow
€14k▲
2024 · €10k
Current ratio
1.70▲
2024 · 1.24
Quick ratio
1.68▲
2024 · 1.22
Debt to equity
1.20▼
2024 · 1.67
ROE
14.5%▼
2024 · 14.6%
ROA
6.6%▲
2024 · 5.5%
Interest coverage
14.59▲
2024 · 8.42
Debt ≤ 1 year
€16k▼
2024 · €17k
Debt > 1 year
€14k▼
2024 · €20k
Income taxes
€2k▲
2024 · €991
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 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €777 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €447 | €394 | €257 | €7k | €10k | ▲ 40.0% |
| Other operating charges640/8 | - | €523 | €841 | €2k | €890 | ▼ 48.0% |
| Gross operating margin9900 | €7k | €5k | €10k | €14k | €17k | ▲ 18.0% |
| Operating profit (loss)9901 | €5k | €4k | €9k | €6k | €6k | ▲ 10.1% |
| Financial income75/76B | - | €448 | €394 | €92 | €294 | ▲ 219% |
| Recurring financial income75 | €178 | €448 | €394 | €92 | €294 | ▲ 219% |
| Financial charges65/66B | - | €304 | €161 | €2k | €1k | ▼ 26.8% |
| Recurring financial charges65 | €45 | €304 | €161 | €2k | €1k | ▼ 26.8% |
| Profit (loss) for the period before taxes9903 | €6k | €5k | €9k | €4k | €5k | ▲ 28.0% |
| Income taxes67/77 | - | €1k | €2k | €991 | €2k | ▲ 65.0% |
| Profit (loss) for the period9904 | €6k | €3k | €7k | €3k | €4k | ▲ 16.6% |
| Profit (loss) for the period to be appropriated9905 | €6k | €3k | €7k | €3k | €4k | ▲ 16.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13k | €25k | €25k | €58k | €56k | ▼ 3.5% |
| Fixed assets21/28 | €809 | €414 | €447 | €38k | €28k | ▼ 25.1% |
| Intangible fixed assets21 | - | - | - | €135 | €120 | ▼ 11.1% |
| Tangible fixed assets22/27 | €790 | €396 | €428 | €38k | €28k | ▼ 25.2% |
| Plant, machinery and equipment23 | - | €396 | €428 | €8k | €6k | ▼ 32.5% |
| Furniture and vehicles24 | - | - | - | €30k | €23k | ▼ 23.2% |
| Financial fixed assets28 | €19 | €19 | €19 | €19 | €19 | = |
| Current assets29/58 | €12k | €24k | €24k | €20k | €28k | ▲ 36.5% |
| Amounts receivable after more than one year29 | - | €2k | €703 | - | - | - |
| Other amounts receivable291 | - | €2k | €703 | - | - | - |
| Stocks and contracts in progress3 | - | - | - | €314 | €294 | ▼ 6.4% |
| Stocks30/36 | - | - | - | €314 | €294 | ▼ 6.4% |
| Amounts receivable within one year40/41 | €5k | €20k | €11k | €16k | €13k | ▼ 15.9% |
| Trade receivables40 | - | €13k | €7k | €13k | €13k | ▲ 2.0% |
| Other amounts receivable41 | - | €6k | €4k | €3k | - | - |
| Cash at bank and in hand54/58 | €3k | €2k | €12k | €4k | €13k | ▲ 253% |
| Deferred charges and accrued income490/1 | - | €118 | €156 | €869 | €2k | ▲ 108% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13k | €25k | €25k | €58k | €56k | ▼ 3.5% |
| Equity10/15 | €8k | €12k | €19k | €22k | €26k | ▲ 17.0% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €-12k | €-9k | €-2k | €1k | €5k | ▲ 272% |
| Amounts payable17/49 | €5k | €13k | €6k | €37k | €31k | ▼ 15.8% |
| Amounts payable after more than one year17 | - | - | - | €20k | €14k | ▼ 28.6% |
| Financial debts170/4 | - | - | - | €20k | €14k | ▼ 28.6% |
| Amounts payable within one year42/48 | €5k | €13k | €6k | €17k | €16k | ▼ 0.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5k | €6k | ▲ 4.0% |
| Trade debts44 | €4k | €12k | €3k | €7k | €9k | ▲ 34.5% |
| Suppliers440/4 | - | €12k | €3k | €7k | €9k | ▲ 34.5% |
| Taxes, remuneration and social security45 | - | €1k | €3k | €807 | €626 | ▼ 22.4% |
| Taxes450/3 | - | €1k | €3k | €807 | €626 | ▼ 22.4% |
| Other amounts payable47/48 | - | - | - | €3k | €942 | ▼ 72.6% |
| Accrued charges and deferred income492/3 | - | - | - | - | €66 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €3k | €7k | €3k | €4k | ▲ 16.6% |
| + Depreciation and write-downs630 | €447 | €394 | €257 | €7k | €10k | ▲ 40.0% |
| Operating cash flow (approximation) | €6k | €4k | €7k | €10k | €14k | ▲ 32.8% |
| Investment in fixed assets (approximation) | - | €0 | €-290 | €-45k | €-505 | ▲ 98.9% |
| Change in cash | - | €-940 | €10k | €-8k | €9k | ▲ 207% |
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
2025
14-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 14 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Highest result since 2019net €7k ▲107%
Operating result €9k, net result €7k, both a record.
31-03
Financial
Liquidity doublescurrent ratio 4.01
Current ratio from 1.85 to 4.01; short-term debt falls from €13k to €6k.
2022
29-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 2.55
Current ratio from 1.09 to 2.55; short-term debt falls from €14k to €5k.
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Gent · 1 establishment unit since 2001
Ground area
289 m²
Building footprint
81 m²
Volume, LiDAR
554 m³
Parcel 44051A1176/00F002, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Eekhoutdriesstraat 88 A, 9041 Gent
since 20012.098.237.286
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44051A1176/00F002 | Flanders | 289 m² | 1 · 81 m² | 10.5 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.098.237.286
Similar companies · same sector, comparable size
JOLY-SCHILDERWERKEN
BE 1009.722.884
Sint-Truiden · Eq €25,544
DFR Parachèvement
BE 1031.544.619
Soignies · Eq €25,562
JCM-Team
BE 0732.579.830
Brecht · Eq €25,591
DECO-FAC
BE 0844.757.459
Antwerpen · Eq €25,420
Algemene bouw & renovatiewerken Lemmens
BE 0747.543.564
Zoersel · Eq €25,408
Of 7,867 companies in sector 43341 we hold annual accounts for 2,664. 2,164 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
Founded03-05-2001
Fiscal year end31-03
Activities, NACEBEL 2025
43341Painting of buildings
43310Plastering work
43333Wallpapering and laying of floor and wall coverings in other materials
47210Retail sale of fruit and vegetables
Scores and ratios are computed by Checked and are not a credit decision.