LYS-ESTATE
ActiveLYS-ESTATE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.00M and a net result of €347k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 480 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
93
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability90▲+3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days acceptable
Liquidity ample (current ratio 18.83 against 19.96 in 2023; short-term debt: 1.8% and cash: 33.8% of total assets), and 1.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← 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 2024Solvency, return and age of the figures
Solvency
98.2%
Return on assets
17%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
34 d early
2022
42 d early
2021
37 d early
2020
17 d early
2019
28 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€2.00M▼ 7.1%
2023 · €2.16M
2018: €1.30M
2019: €1.53M
2020: €1.79M
2021: €2.05M
2022: €2.34M
2023: €2.16M
2018 → 2024
Total assets
€2.04M▼ 7.1%
2023 · €2.20M
2018: €1.94M
2019: €1.92M
2020: €1.86M
2021: €2.10M
2022: €2.36M
2023: €2.20M
2018 → 2024
Net result
€347k▲ 9.3%
2023 · €318k
2018: €216k
2019: €228k
2020: €264k
2021: €262k
2022: €284k
2023: €318k
2018 → 2024
Working capital
€665k▼ 12.0%
2023 · €755k
2018: €-88k
2019: €240k
2020: €292k
2021: €606k
2022: €891k
2023: €755k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.79M-€2.05M▲ 14.6%€2.34M▲ 13.8%€2.16M▼ 7.8%€2.00M▼ 7.1%
Operating result€358k-€350k▼ 2.1%€380k▲ 8.4%€424k▲ 11.7%€445k▲ 4.9%
Net result€264k-€262k▼ 0.8%€284k▲ 8.4%€318k▲ 11.9%€347k▲ 9.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 5% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.04M
Fixed assets
€1.34M▼ 4.4%
Current assets
€702k▼ 11.7%
Equity and liabilities €2.04M
Equity
€2.00M▼ 7.1%
Debt
€37k▼ 6.5%
The debt ratio stays at 1.8%.
Key figures and ratios
EBITDA
€517k▲
2023 · €508k
Cash flow
€419k▲
2023 · €401k
Solvency
98.2%=
2023 · 98.2%
Current ratio
18.83▼
2023 · 19.96
Quick ratio
18.83▼
2023 · 19.96
Debt / equity
0.02▲
2023 · 0.02
ROE
17.3%▲
2023 · 14.7%
ROA
17.0%▲
2023 · 14.5%
Interest coverage
550.68▲
2023 · 517.54
Debt
€37k▼
2023 · €40k
Debt ≤ 1 year
€37k▼
2023 · €40k
Income taxes
€116k▲
2023 · €106k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.20M€2.04M▼
Fixed assets21/28€1.40M€1.34M▼
Tangible fixed assets22/27€1.40M€1.34M▼
Land and buildings22€1.19M€1.15M▼
Plant, machinery and equipment23€213k€190k▼
Current assets29/58€795k€702k▼
Amounts receivable within one year40/41-€4
Other amounts receivable41-€4
Current investments50/53€500k€0▼
Cash at bank and in hand54/58€282k€689k▲
Deferred charges and accrued income490/1€14k€13k▼
Equity and liabilities
Total equity and liabilities10/49€2.20M€2.04M▼
Equity10/15€2.16M€2.00M▼
Contributions10/11€125k€125k=
Reserves13€2.03M€1.88M▼
Distributable reserves133€2.03M€1.88M▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€40k€37k▼
Amounts payable within one year42/48€40k€37k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€14k€17k▲
Suppliers440/4€14k€17k▲
Taxes, remuneration and social security45€26k€20k▼
Taxes450/3€26k€20k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83k€72k▼
Other operating charges640/8€49k€51k▲
Gross operating margin9900€557k€568k▲
Operating profit (loss)9901€424k€445k▲
Financial income75/76B€386€19k▲
Recurring financial income75€386€19k▲
Financial charges65/66B€981€938▼
Recurring financial charges65€981€938▼
Profit (loss) for the period before taxes9903€423k€463k▲
Income taxes67/77€106k€116k▲
Profit (loss) for the period9904€318k€347k▲
Profit (loss) for the period to be appropriated9905€318k€347k▲
Appropriation of the result
Profit (loss) to be appropriated9906€318k€347k▲
Transfer from equity791/2€500k€500k=
Transfer to equity691/2€318k€347k▲
To other reserves6921€318k€347k▲
Profit to be distributed694/7€500k€500k=
Return on contributions (dividend)694€500k€500k=
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €347k ▲9.3%
Operating result €445k, net result €347k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity triplescurrent ratio 18.35
Current ratio from 6.84 to 18.35; short-term debt falls from €50k to €35k.
31-12
Financial
Equity above €2MEq €2.05M ▲14.6%
4 profitable years in a row build equity to €2.05M.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity times 9current ratio 6.05
Current ratio from 0.66 to 6.05; short-term debt falls from €258k to €47k.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
17-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Waregem · 1 establishment unit since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ruitersdreef 38790 WaregemGround area
3,996 m²
Building footprint
351 m²
Volume, LiDAR
1,710 m³
Parcel 34452B0753/00L000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LYS-ESTATE
since 20092.184.179.781
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452B0753/00L000 | Flanders | 3,996 m² | 1 · 351 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
CornerBriX
BE 0551.880.807
Kontich · Eq €2.04M
WILLEMS VASTGOED MAATSCHAPPIJ
BE 0899.397.856
Merchtem · Eq €1.96M
Salto Systems
BE 0700.504.801
Anderlecht · Eq €2.05M
LGIX
BE 0835.234.336
Schoten · Eq €1.94M
Piekaven
BE 0656.824.018
Peer · Eq €2.07M
Of 3,152 companies in sector 63920 we hold annual accounts for 1,522. 425 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-12-2009
Fiscal year end31-12
Activities, NACEBEL
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
13300Finishing of textiles
46190Agents in non-specialised wholesale trade
93129Activities of other sports clubs
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.