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RS LGS 17

Active
Private limited companyfounded 2015active for 11 yearsKasteel de Walzinlaan 15, 1180 Ukkel, BelgiumKBO/BCE: BE 0629.995.402
Summary

The computed 12-month bankruptcy probability of RS LGS 17 is 2.4% (moderate). The 2024 annual accounts show equity of €4.0m and a net result of €1.3m. Equity is growing by about 80% per year across the filed financial years. Its solvency ranks better than 38% of 2,797 sector peers (NACE 62, financial year 2024). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

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RS LGS 17ActiveChecked score 52/100
Risk analysis ReportCompare

Overview

Activity
Computer consultancy and computer facilities management
NACE 62200Computer programming NACE 62100
3rd largest company by total assets in Ukkel, Telecoms and IT sector1 site
Size
≈ €5.0mturnover 2024, estimated
Staff
1.1 FTE
Equity
€4.0m
Profit
€1.3m
Turnover estimated from the gross margin
Financial health
52 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.4%
Structure
Largest shareholder
Holding Brolet - Van Campfort 17 · 50%
2025 accounts not filed, 89 days past the deadline3 of 7 deeds summarised
Why 52raises riskLiquidity: current ratio 0.87, cash €127,511Figures for financial year 2024 (filed 11-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 70 days late; 2 of the last 3 latelowers riskSector: Computer programming, consultancy and related activities (NACE 62)Show the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 43% of its sector peers (NACE 62, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 55+8
equity 29.9% of total assets
Liquidity 46-1
short-term debt 18.3% · cash 1.0%
Profitability 81+3
return on assets 9.6%
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,890 companies, NACE 62, micro)
Last 24 months 11-2024: 6.3% 12-2024: 6.3%● unchanged vs 11-2024 01-2025: 6.3%● unchanged vs 12-2024 02-2025: 6.3%● unchanged vs 01-2025 03-2025: 6.3%● unchanged vs 02-2025 04-2025: 6.3%● unchanged vs 03-2025 05-2025: 6.3%● unchanged vs 04-2025 06-2025: 6.7%▲ +0.4 percentage points vs 05-2025 07-2025: 6.6%▼ -0.1 percentage points vs 06-2025 08-2025: 7.8%▲ +1.2 percentage points vs 07-2025 09-2025: 9.3%▲ +1.5 percentage points vs 08-2025 10-2025: 12.6%▲ +3.3 percentage points vs 09-2025highest value 11-2025: 3.8%▼ -8.8 percentage points vs 10-2025 12-2025: 3.8%● unchanged vs 11-2025 01-2026: 3.7%▼ -0.1 percentage points vs 12-2025 02-2026: 3.7%● unchanged vs 01-2026 03-2026: 3.7%● unchanged vs 02-2026 04-2026: 1.1%▼ -2.6 percentage points vs 03-2026lowest value 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.3%▲ +0.2 percentage points vs 05-2026 07-2026: 1.4%▲ +0.1 percentage points vs 06-2026 08-2026: 1.5%▲ +0.1 percentage points vs 07-2026 09-2026: 1.7%▲ +0.2 percentage points vs 08-2026 10-2026: 2.4%▲ +0.7 percentage points vs 09-2026
Credit of up to €200,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.87, compared with 0.4 in 2023, below 1; short-term debt: 18.3% and cash: 1% of total assets), and 70.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 62, micro): better than 29% on solvency, 21% on liquidity, 41% on profitability and 82% on growth.

The bankruptcy probability was computed on 28-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 0.87, cash €127,511
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 11-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 70 days late; 2 of the last 3 late
NBB · filings
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 89 days later.
NBB · 9 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline28-10-2026 today
raises risk · 2024 accounts filed 70 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
not filed
2024
70 days late
2023
300 days late
2022
4 days early
2021
2 days early
2020
1 day early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 61 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Amendment of the articlesPower of attorney
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Positive: Among the best 5% on net resultsector median €26,677 · 2,798 companies €1.3m View
  • Caution: 2025 accounts not fileddeadline was 31-07-2026 89 days past the deadline View
  • Positive: Equity rose in 2024from €2.5m to €4.0m ▲ 58.7% View
  • Positive: 7 profitable years in a rowprofit 2024: €1.3m 7 years View

By topic

Financials

Financial year
2024
Total assets
€13.4m
Profit
€1.3m
Solvency
29.9%
Total assets▲ 17.5%
Net result
20182024
Go to Financials

Board & ownership

Board
2 members
Largest shareholder
Holding Brolet - Van… · 50%
  • BROLET MathieuDirector
  • HOLDING LGSDirector
Go to Board & ownership

Timeline

Events
17
Since
2017
  1. 31-12-2024Highest result from 2018 to 2024
  2. 05-07-2024Registered office
  3. 18-03-2024Resignations: Holding Brolet – Van Campfort 17…
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Computer consultancy and computer facilities managementNACE 62200
Founded
11-05-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
10
Annual meeting
Third Monday of May at 18:00
Purpose
“Consultancy,operations-en projectmanagement,onder meer in SAP toepassingen; De analyse en…” (deed in Dutch)
Go to Articles of association

Key facts about RS LGS 17

What is the company number of RS LGS 17?
0629.995.402. In Belgium the VAT number is the company number with BE in front: BE 0629.995.402.
Where is RS LGS 17 based?
The registered office is at Kasteel de Walzinlaan 15, 1180 Ukkel.Company details
What does RS LGS 17 do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of RS LGS 17?
Private limited company (BV).
When was RS LGS 17 founded?
On 11-05-2015.
Is RS LGS 17 still active?
Yes, RS LGS 17 is an active enterprise in the KBO register.
How many employees does RS LGS 17 have?
On average 1.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of RS LGS 17?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is RS LGS 17 profitable?
In financial year 2024, RS LGS 17 made a profit of €1.3m.
Where can I find the annual accounts of RS LGS 17?
RS LGS 17 filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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