LGI
ActiveSummary
LGI has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €808k and a net result of €9k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 93% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 1.56 against 0.48 in 2024; short-term debt: 2% and cash: 1.6% of total assets), and 7.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 68
Relative position
BE, all sectors
reference
Sector 68
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 2025Solvency, return and age of the figures
Solvency
92.8%
Return on assets
1%
Age of the figures
9 mo
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
17 d early
2023
1 d early
2022
1 d late
2021
30 d late
2020
29 d late
2019
30 d late
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€808k▲ 1.1%
2024 · €799k
2018: €742k
2019: €735k
2020: €731k
2021: €726k
2022: €721k
2023: €787k
2024: €799k
2018 → 2025
Total assets
€871k▼ 6.2%
2024 · €929k
2018: €846k
2019: €854k
2020: €1.03M
2021: €804k
2022: €809k
2023: €958k
2024: €929k
2018 → 2025
Net result
€9k▼ 26.6%
2024 · €12k
2018: €114k
2019: €-7k
2020: €-4k
2021: €-16k
2022: €-5k
2023: €66k
2024: €12k
2018 → 2025
Working capital
€10k
2024 · €-41k
2018: €125k
2019: €-20k
2020: €-224k
2021: €7k
2022: €39k
2023: €-71k
2024: €-41k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€726k-€721k▼ 0.7%€787k▲ 9.2%€799k▲ 1.5%€808k▲ 1.1%
Operating result€-16k-€-7k▲ 52.7%€97k€16k▼ 83.3%€17k▲ 8.5%
Net result€-16k-€-5k▲ 65.4%€66k€12k▼ 81.8%€9k▼ 26.6%
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 8% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €871k
Fixed assets
€843k ▼ 5.4%
Current assets
€27k ▼ 27.4%
Equity and liabilities €871k
Equity
€808k ▲ 1.1%
Provisions
€42k ▼ 9.7%
Debt
€21k ▼ 75.2%
Debt's share of the balance-sheet total falls from 8.9% to 2.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€75k▲
2024 · €72k
Cash flow
€66k▼
2024 · €68k
Current ratio
1.56▲
2024 · 0.48
Debt to equity
0.03▼
2024 · 0.10
ROE
1.1%▼
2024 · 1.5%
ROA
1.0%▼
2024 · 1.3%
Interest coverage
22.02▲
2024 · 11.92
Debt ≤ 1 year
€18k▼
2024 · €79k
Income taxes
€10k▲
2024 · €3k
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€929k€871k▼
Fixed assets21/28€891k€843k▼
Tangible fixed assets22/27€890k€843k▼
Land and buildings22€884k€838k▼
Plant, machinery and equipment23€5k€5k▼
Furniture and vehicles24€1k€695▼
Financial fixed assets28€712€712=
Current assets29/58€38k€27k▼
Amounts receivable within one year40/41€34€4k▲
Trade receivables40€16€4k▲
Other amounts receivable41€18-
Current investments50/53€9k€9k=
Cash at bank and in hand54/58€28k€14k▼
Equity and liabilities
Total equity and liabilities10/49€929k€871k▼
Equity10/15€799k€808k▲
Contributions10/11€34k€34k=
Reserves13€333k€339k▲
Tax-exempt reserves132€295k€281k▼
Distributable reserves133€38k€58k▲
Profit (loss) carried forward14€432k€435k▲
Provisions and deferred taxes16€47k€42k▼
Deferred taxes168€47k€42k▼
Amounts payable17/49€83k€21k▼
Amounts payable within one year42/48€79k€18k▼
Current portion of amounts payable after more than one year42€21k-
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€6k€6k▲
Taxes450/3€6k€6k▲
Other amounts payable47/48€50k€10k▼
Accrued charges and deferred income492/3€4k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€57k▲
Other operating charges640/8€14k€15k▲
Gross operating margin9900€86k€89k▲
Operating profit (loss)9901€16k€17k▲
Financial income75/76B€148€195▲
Recurring financial income75€148€195▲
Financial charges65/66B€6k€3k▼
Recurring financial charges65€6k€3k▼
Profit (loss) for the period before taxes9903€10k€14k▲
Transfer from deferred taxes780€5k€5k=
Income taxes67/77€3k€10k▲
Profit (loss) for the period9904€12k€9k▼
Transfer from tax-exempt reserves789€14k€14k=
Profit (loss) for the period to be appropriated9905€26k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€457k€455k▼
Profit (loss) brought forward from the previous period14P€432k€432k▲
Transfer to equity691/2€25k€20k▼
To other reserves6921€25k€20k▼
The notes to these accounts (6 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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity triplescurrent ratio 1.56
Current ratio from 0.48 to 1.56; short-term debt falls from €79k to €18k.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €66k
Net result €66k after 4 loss-making years.
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 13current ratio 1.19
Current ratio from 0.09 to 1.19; short-term debt falls from €246k to €36k.
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
2020
30-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 30 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
17-06
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.
Directors · office · real estate
Directors
3 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, Izegem · 1 establishment unit since 1996
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.
Ter Beemden 178870 IzegemGround area
847 m²
Building footprint
169 m²
Volume, LiDAR
850 m³
Parcel 36494D1302/00R000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LGI BRUSH
since 19962.077.140.281
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36494D1302/00R000 | Flanders | 847 m² | 1 · 169 m² | 8.8 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
MODINVEST
BE 0452.801.146
Sprimont · Eq €807,993
Pi-Ciencia
BE 1026.264.057
Leuven · Eq €807,903
LOGAN INVEST
BE 0878.329.951
Menen · Eq €807,637
Terrasses de Heusy
BE 0895.142.724
Verviers · Eq €806,468
COMPAGNIE DE DEVELOPPEMENT IMMOBILIER
BE 0416.257.484
Liège · Eq €809,935
Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 4,244 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-06-1996
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:lgi.brush@telenet.be