LYRCO
ActiveSummary
LYRCO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16k and a net result of €2k. Equity is shrinking by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 44% of 3489 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74=
Solvency69▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.77 against 1.75 in 2024; short-term debt: 56.4% and cash: 32.4% of total assets), but 56.4% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43.6%
Return on assets
4.1%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €16k
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 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
50 d early
2023
47 d early
2022
53 d early
2021
53 d early
2020
57 d early
2019
56 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€16k▲ 10.5%
2024 · €15k
2018: €21k
2019: €22k▲ +0.8% vs 2018
2020: €22k▲ +1.4% vs 2019highest in 8 years
2021: €10k▼ -52.8% vs 2020lowest in 8 years
2022: €13k▲ +27.4% vs 2021
2023: €13k▲ +0.6% vs 2022
2024: €15k▲ +10.6% vs 2023
2025: €16k▲ +10.5% vs 2024
2018 → 2025
Total assets
€37k▲ 12.7%
2024 · €33k
2018: €47k
2019: €48k▲ +1.1% vs 2018
2020: €49k▲ +3.6% vs 2019
2021: €66k▲ +33.3% vs 2020highest in 8 years
2022: €49k▼ -25.6% vs 2021
2023: €42k▼ -13.4% vs 2022
2024: €33k▼ -22.7% vs 2023lowest in 8 years
2025: €37k▲ +12.7% vs 2024
2018 → 2025
Net result
€2k▲ 8.9%
2024 · €1k
2018: €369
2019: €174▼ -52.9% vs 2018
2020: €297▲ +70.6% vs 2019
2021: €9k▲ +2911% vs 2020highest in 8 years
2022: €3k▼ -68.4% vs 2021
2023: €73▼ -97.4% vs 2022lowest in 8 years
2024: €1k▲ +1822% vs 2023
2025: €2k▲ +8.9% vs 2024
2018 → 2025
Working capital
€16k▲ 18.7%
2024 · €14k
2018: €21k
2019: €22k▲ +4.3% vs 2018
2020: €22k▲ +1.4% vs 2019highest in 8 years
2021: €10k▼ -52.8% vs 2020
2022: €13k▲ +27.4% vs 2021
2023: €10k▼ -24.0% vs 2022lowest in 8 years
2024: €14k▲ +36.2% vs 2023
2025: €16k▲ +18.7% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€13k▲ 27.4%€13k▲ 0.6%€15k▲ 10.6%€16k▲ 10.5%
2021: €10klowest in 5 years
2022: €13k▲ +27.4% vs 2021
2023: €13k▲ +0.6% vs 2022
2024: €15k▲ +10.6% vs 2023
2025: €16k▲ +10.5% vs 2024highest in 5 years
Operating result€13k-€5k▼ 58.6%€2k▼ 71.8%€3k▲ 82.9%€3k▼ 8.9%
2021: €13khighest in 5 years
2022: €5k▼ -58.6% vs 2021
2023: €2k▼ -71.8% vs 2022lowest in 5 years
2024: €3k▲ +82.9% vs 2023
2025: €3k▼ -8.9% vs 2024
Net result€9k-€3k▼ 68.4%€73▼ 97.4%€1k▲ 1,822%€2k▲ 8.9%
2021: €9khighest in 5 years
2022: €3k▼ -68.4% vs 2021
2023: €73▼ -97.4% vs 2022lowest in 5 years
2024: €1k▲ +1822% vs 2023
2025: €2k▲ +8.9% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €37k
Equity
€16k ▲ 10.5%
Debt
€21k ▲ 14.6%
Debt's share of the balance-sheet total rises from 55.5% to 56.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4k▼
2024 · €5k
Cash flow
€3k▼
2024 · €4k
Current ratio
1.77▲
2024 · 1.75
Debt to equity
1.29▲
2024 · 1.25
ROE
9.5%▼
2024 · 9.6%
ROA
4.1%▼
2024 · 4.3%
Interest coverage
63.07▼
2024 · 78.96
Debt ≤ 1 year
€21k▲
2024 · €18k
Income taxes
€942▼
2024 · €1k
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 · 2025 against 2024 · 34 lines
Balance sheet
Code20242025
Assets
Total assets20/58€33k€37k▲
Fixed assets21/28€1k-
Tangible fixed assets22/27€1k-
Furniture and vehicles24€1k-
Current assets29/58€32k€37k▲
Amounts receivable within one year40/41€23k€25k▲
Trade receivables40€23k€24k▲
Other amounts receivable41-€58
Cash at bank and in hand54/58€9k€12k▲
Deferred charges and accrued income490/1€421€444▲
Equity and liabilities
Total equity and liabilities10/49€33k€37k▲
Equity10/15€15k€16k▲
Contributions10/11€6k€6k=
Reserves13€8k€10k▲
Distributable reserves133€8k€10k▲
Amounts payable17/49€18k€21k▲
Amounts payable within one year42/48€18k€21k▲
Trade debts44€14k€18k▲
Suppliers440/4€14k€18k▲
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€1k€868▼
Gross operating margin9900€6k€4k▼
Operating profit (loss)9901€3k€3k▼
Financial charges65/66B€63€56▼
Recurring financial charges65€63€56▼
Profit (loss) for the period before taxes9903€3k€2k▼
Income taxes67/77€1k€942▼
Profit (loss) for the period9904€1k€2k▲
Profit (loss) for the period to be appropriated9905€1k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€2k▲
Transfer to equity691/2€1k€2k▲
To other reserves6921€1k€2k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1k | €2k | €1k | ▼ 54.2% |
| Other operating charges640/8 | €1k | €1k | €1k | €1k | €868 | ▼ 23.2% |
| Gross operating margin9900 | €14k | €7k | €4k | €6k | €4k | ▼ 27.9% |
| Operating profit (loss)9901 | €13k | €5k | €2k | €3k | €3k | ▼ 8.9% |
| Financial income75/76B | €1 | €0 | €13 | - | - | - |
| Recurring financial income75 | €1 | €0 | €13 | - | - | - |
| Financial charges65/66B | €645 | €737 | €504 | €63 | €56 | ▼ 11.1% |
| Recurring financial charges65 | €645 | €737 | €504 | €63 | €56 | ▼ 11.1% |
| Profit (loss) for the period before taxes9903 | €12k | €5k | €1k | €3k | €2k | ▼ 8.8% |
| Income taxes67/77 | €3k | €2k | €950 | €1k | €942 | ▼ 27.9% |
| Profit (loss) for the period9904 | €9k | €3k | €73 | €1k | €2k | ▲ 8.9% |
| Profit (loss) for the period to be appropriated9905 | €9k | €3k | €73 | €1k | €2k | ▲ 8.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €66k | €49k | €42k | €33k | €37k | ▲ 12.7% |
| Fixed assets21/28 | - | - | €3k | €1k | - | - |
| Tangible fixed assets22/27 | - | - | €3k | €1k | - | - |
| Furniture and vehicles24 | - | - | €3k | €1k | - | - |
| Current assets29/58 | €66k | €49k | €39k | €32k | €37k | ▲ 16.3% |
| Amounts receivable within one year40/41 | €29k | €24k | €38k | €23k | €25k | ▲ 8.5% |
| Trade receivables40 | €29k | €24k | €37k | €23k | €24k | ▲ 8.3% |
| Other amounts receivable41 | - | €191 | €1k | - | €58 | - |
| Cash at bank and in hand54/58 | €36k | €23k | €1k | €9k | €12k | ▲ 37.0% |
| Deferred charges and accrued income490/1 | €1k | €1k | €393 | €421 | €444 | ▲ 5.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €66k | €49k | €42k | €33k | €37k | ▲ 12.7% |
| Equity10/15 | €10k | €13k | €13k | €15k | €16k | ▲ 10.5% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €4k | €7k | €7k | €8k | €10k | ▲ 18.2% |
| Non-distributable reserves130/1 | €2k | - | - | - | - | - |
| Reserves not available under the articles1311 | €2k | - | - | - | - | - |
| Distributable reserves133 | €2k | €7k | €7k | €8k | €10k | ▲ 18.2% |
| Amounts payable17/49 | €56k | €36k | €29k | €18k | €21k | ▲ 14.6% |
| Amounts payable within one year42/48 | €56k | €36k | €29k | €18k | €21k | ▲ 14.6% |
| Trade debts44 | €27k | €26k | €23k | €14k | €18k | ▲ 23.6% |
| Suppliers440/4 | €27k | €26k | €23k | €14k | €18k | ▲ 23.6% |
| Taxes, remuneration and social security45 | €8k | €10k | €6k | €4k | €3k | ▼ 18.9% |
| Taxes450/3 | €8k | €10k | €6k | €4k | €3k | ▼ 18.9% |
| Other amounts payable47/48 | €20k | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €3k | €73 | €1k | €2k | ▲ 8.9% |
| + Depreciation and write-downs630 | - | - | €1k | €2k | €1k | ▼ 54.2% |
| Operating cash flow (approximation) | €9k | €3k | €1k | €4k | €3k | ▼ 29.7% |
| Investment in fixed assets (approximation) | - | - | - | €0 | - | - |
| Change in cash | - | €-12k | €-22k | €8k | €3k | ▼ 57.7% |
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
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €73 ▼97.4%
Net result drops to €73, the lowest in the series; recovery starts the following year.
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €9k ▲2,911%
Operating result €13k, net result €9k, both a record.
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-06
NBB filing
Annual accounts filed
fiscal year 2016 · 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
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, Etterbeek · 1 establishment unit since 2003
Ground area
1,253 m²
Building footprint
333 m²
Volume, LiDAR
7,526 m³
Parcel 21362B0292/00X006, Brussels · tallest building 29.8 m, ±9 floors. Linked by address, not a title deed.
100
companies at this address
See who is registered here
1 establishment unit
LYRCO
since 20032.134.107.688
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0292/00X006 | Brussels | 1,253 m² | 1 · 333 m² | 29.8 m · 9 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.
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Of 4,530 companies in sector 74301 we hold annual accounts for 720. 529 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
Founded23-10-2003
Fiscal year end31-12
Activities, NACEBEL 2025
74301Translation services
Contact
Website
www.lyrco.com
E-mail
info@lyrco.com
Scores and ratios are computed by Checked and are not a credit decision.