LYSCO
ActiveLYSCO has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33.88M and a net result of €1.41M. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 88% of 925 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability23▲+1
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 8.75; short-term debt: 10.6% and cash: 3.7% of total assets), and 10.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
89.4%
Return on assets
3.7%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
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
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
29 d late
2023
21 d late
2022
31 d late
2021
8 d late
2020
30 d late
2019
25 d late
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.41M▲ 74.9%
2024 · €807k
2018: €24.96M
2019: €587k
2020: €217k
2021: €821k
2022: €67
2023: €182k
2024: €807k
2018 → 2025
Working capital
€31.02M▼ 4.0%
2024 · €32.30M
2018: €33.64M
2019: €34.83M
2020: €35.05M
2021: €35.87M
2022: €33.38M
2023: €31.68M
2024: €32.30M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37.65M-€38.13M▲ 1.3%€35.82M▼ 6.1%€36.47M▲ 1.8%€33.88M▼ 7.1%
Operating result€-133k-€-172k▼ 29.0%€-106k▲ 38.3%€-179k▼ 69.5%€-191k▼ 6.6%
Net result€821k-€67▼ 100.0%€182k▲ 270,119%€807k▲ 343%€1.41M▲ 74.9%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €191k in 2025 against €179k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €37.89M
Fixed assets
€2.87M▼ 31.3%
Current assets
€35.02M▲ 7.9%
Equity and liabilities €37.89M
Equity
€33.88M▼ 7.1%
Debt
€4.00M▲ 2,501%
The debt ratio rises from 0.4% to 10.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-53k▲
2024 · €-61k
Cash flow
€1.55M▲
2024 · €925k
Solvency
89.4%▼
2024 · 99.6%
Current ratio
8.75
Quick ratio
8.75
Debt / equity
0.12▲
2024 · 0.00
ROE
4.2%▲
2024 · 2.2%
ROA
3.7%▲
2024 · 2.2%
Interest coverage
-0.30▲
2024 · -1.21
Debt
€4.00M▲
2024 · €154k
Debt ≤ 1 year
€4.00M▲
2024 · €154k
Income taxes
€210k▲
2024 · €27k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€36.63M€37.89M▲
Fixed assets21/28€4.17M€2.87M▼
Tangible fixed assets22/27€3.00M€2.87M▼
Land and buildings22€2.85M€2.74M▼
Plant, machinery and equipment23€5k€5k=
Furniture and vehicles24€155k€120k▼
Financial fixed assets28€1.17M€0▼
Current assets29/58€32.45M€35.02M▲
Amounts receivable after more than one year29€650k€900k▲
Other amounts receivable291€650k€900k▲
Amounts receivable within one year40/41€242k€168k▼
Trade receivables40€0€36▲
Other amounts receivable41€242k€168k▼
Current investments50/53€30.75M€32.51M▲
Cash at bank and in hand54/58€792k€1.42M▲
Deferred charges and accrued income490/1€18k€21k▲
Equity and liabilities
Total equity and liabilities10/49€36.63M€37.89M▲
Equity10/15€36.47M€33.88M▼
Contributions10/11€4.17M€4.17M=
Capital10€4.17M€4.17M=
Issued capital100€4.17M€4.17M=
Reserves13€423k€1.83M▲
Non-distributable reserves130/1€423k€423k=
Legal reserve130€423k€423k=
Distributable reserves133-€1.41M
Profit (loss) carried forward14€31.88M€27.88M▼
Amounts payable17/49€154k€4.00M▲
Amounts payable within one year42/48€154k€4.00M▲
Trade debts44€4k€252▼
Suppliers440/4€4k€252▼
Taxes, remuneration and social security45€0€61▲
Taxes450/3€0€61▲
Other amounts payable47/48€150k€4.00M▲
Accrued charges and deferred income492/3€0€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€118k€138k▲
Other operating charges640/8€9k€10k▲
Gross operating margin9900€-52k€-43k▲
Operating profit (loss)9901€-179k€-191k▼
Financial income75/76B€1.06M€1.99M▲
Recurring financial income75€1.06M€1.99M▲
Financial charges65/66B€50k€175k▲
Recurring financial charges65€50k€175k▲
Profit (loss) for the period before taxes9903€834k€1.62M▲
Income taxes67/77€27k€210k▲
Profit (loss) for the period9904€807k€1.41M▲
Profit (loss) for the period to be appropriated9905€807k€1.41M▲
Appropriation of the result
Profit (loss) to be appropriated9906€32.03M€33.29M▲
Profit (loss) brought forward from the previous period14P€31.23M€31.88M▲
Transfer to equity691/2-€1.41M
To other reserves6921-€1.41M
Profit to be distributed694/7€150k€4.00M▲
Return on contributions (dividend)694€150k€4.00M▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 21 days late
2023
31-12
Financial
Liquidity times 58current ratio 1032.13
Current ratio from 17.67 to 1032.13; short-term debt falls from €2.00M to €31k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €67 ▼100%
Net result drops to €67, the lowest in the series; recovery starts the following year.
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 8 days late
2021
31-12
Financial
Liquidity times 19current ratio 33135.16
Current ratio from 1730.94 to 33135.16; short-term debt falls from €20k to €1k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 25 days late
2019
31-12
Financial
Liquidity times 5468current ratio 94712.48
Current ratio from 17.32 to 94712.48; short-term debt falls from €2.06M to €368.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Knokke-Heist · 1 establishment unit since 1999
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.
Elizabetlaan 158/D/528300 Knokke-HeistGround area
2.8 ha
Building footprint
9,811 m²
Volume, LiDAR
105,324 m³
2 parcels, Flanders, Wallonia · tallest building 30.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Industriëlaan 80 A, 7700 Mouscron
since 19992.091.679.195
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013C0041/00B000 | Flanders | 2.0 ha | 1 · 7,654 m² | 30.0 m · 4 fl. |
| 54007B0410/00G000 | Wallonia | 7,436 m² | 1 · 2,158 m² | 13.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
967600WIOCXTNJTVKS59
Similar companies · same sector, comparable size
MVDP
BE 0725.845.159
Antwerpen · Eq €34.87M
Holding MvP
BE 0550.713.144
Arendonk · Eq €31.52M
CONSTELLATION HOLDING BELGIUM
BE 0829.487.481
Mouscron · Eq €36.46M
TABOR
BE 0477.557.130
Gent · Eq €30.61M
Bouwfonds
BE 0430.263.690
Hasselt · Eq €30.36M
Of 11,225 companies in sector 82100 we hold annual accounts for 3,511. 191 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-11-1996
Fiscal year end31-12
Activities, NACEBEL
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.