LIBURNI
ActiveSummary
LIBURNI has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.82M and a net result of €655k. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 60% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
76
/ 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
Profitability75=
Solvency75▲+10
Growth70▼-15
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €440k at 30 days acceptable
Liquidity ample (current ratio 2.02 against 1.67 in 2024; short-term debt: 49.6% and cash: 7.7% of total assets), and 49.7% of the assets are financed with debt.
Credit check 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
50.3%
Return on assets
4.2%
Age of the figures
9 mo
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
7 d early
2023
8 d early
2022
32 d early
2021
33 d early
2020
36 d early
2019
29 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€4.45M▼ 59.4%
2024 · €10.95M
2018: €2.79M
2019: €4.31M
2020: €3.53M
2021: €3.33M
2022: €2.38M
2023: €2.67M
2024: €10.95M
2018 → 2025
EBIT margin
24.0%▲ 2.7pp
2024 · 21.3%
2018: 16.7%
2019: 24.0%
2020: 27.6%
2021: 13.4%
2022: 19.2%
2023: 27.8%
2024: 21.3%
2018 → 2025
Net result
€655k▼ 51.7%
2024 · €1.36M
2018: €144k
2019: €559k
2020: €579k
2021: €208k
2022: €196k
2023: €111k
2024: €1.36M
2018 → 2025
Working capital
€7.83M▲ 9.1%
2024 · €7.17M
2018: €4.13M
2019: €4.69M
2020: €5.28M
2021: €5.50M
2022: €5.70M
2023: €5.88M
2024: €7.17M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€3.33M-€2.38M▼ 28.4%€2.67M▲ 12.0%€10.95M▲ 310%€4.45M▼ 59.4%
Equity€5.50M-€5.70M▲ 3.6%€5.81M▲ 1.9%€7.16M▲ 23.4%€7.82M▲ 9.1%
Operating result€447k-€458k▲ 2.3%€743k▲ 62.3%€2.33M▲ 214%€1.07M▼ 54.3%
Net result€208k-€196k▼ 5.9%€111k▼ 43.3%€1.36M▲ 1,122%€655k▼ 51.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 54% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.53M
Fixed assets
€103 ▼ 80.9%
Current assets
€15.53M ▼ 13.0%
Equity and liabilities €15.53M
Equity
€7.82M ▲ 9.1%
Debt
€7.71M ▼ 27.9%
Debt's share of the balance-sheet total falls from 59.9% to 49.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.07M▼
2024 · €2.33M
Cash flow
€655k▼
2024 · €1.36M
Current ratio
2.02▲
2024 · 1.67
Quick ratio
0.60▲
2024 · 0.44
Debt to equity
0.99▼
2024 · 1.49
ROE
8.4%▼
2024 · 18.9%
ROA
4.2%▼
2024 · 7.6%
Interest coverage
4.59▲
2024 · 4.08
Debt ≤ 1 year
€7.70M▼
2024 · €10.67M
Income taxes
€225k▼
2024 · €447k
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 · 63 lines
Balance sheet
Code20242025
Assets
Total assets20/58€17.85M€15.53M▼
Fixed assets21/28€539€103▼
Tangible fixed assets22/27€539€103▼
Furniture and vehicles24€539€103▼
Current assets29/58€17.85M€15.53M▼
Amounts receivable after more than one year29€403k€302k▼
Trade receivables290€403k€302k▼
Stocks and contracts in progress3€13.14M€10.91M▼
Stocks30/36€13.14M€10.91M▼
Property held for sale35€13.14M€10.91M▼
Amounts receivable within one year40/41€3.63M€3.12M▼
Trade receivables40€101k€104k▲
Other amounts receivable41€3.53M€3.02M▼
Cash at bank and in hand54/58€671k€1.19M▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€17.85M€15.53M▼
Equity10/15€7.16M€7.82M▲
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€7.09M€7.74M▲
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Distributable reserves133€7.08M€7.73M▲
Amounts payable17/49€10.69M€7.71M▼
Amounts payable within one year42/48€10.67M€7.70M▼
Financial debts43€7.40M€5.20M▼
Credit institutions430/8€7.40M€5.20M▼
Trade debts44€49k€41k▼
Suppliers440/4€49k€41k▼
Taxes, remuneration and social security45€72k€102k▲
Taxes450/3€72k€102k▲
Other amounts payable47/48€3.16M€2.36M▼
Accrued charges and deferred income492/3€13k€9k▼
Income statement
Code20242025
Operating income70/76A€10.99M€4.45M▼
Turnover70€10.95M€4.45M▼
Other operating income74€6k€6k▲
Non-recurring operating income76A€32k€992▼
Operating charges60/66A€8.65M€3.39M▼
Goods for resale, raw materials and consumables60€8.62M€3.33M▼
Purchases600/8€650k€1.10M▲
Change in stocks: decrease (increase)609€7.97M€2.24M▼
Services and other goods61€37k€51k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€448€436▼
Other operating charges640/8€1k€1k▼
Operating profit (loss)9901€2.33M€1.07M▼
Financial income75/76B€43k€46k▲
Recurring financial income75€43k€46k▲
Income from current assets751€43k€46k▲
Other financial income752/9-€526
Financial charges65/66B€572k€233k▼
Recurring financial charges65€572k€233k▼
Debt charges650€572k€233k▼
Other financial charges652/9€193€376▲
Profit (loss) for the period before taxes9903€1.80M€880k▼
Income taxes67/77€447k€225k▼
Taxes670/3€447k€226k▼
Tax adjustments and reversals of tax provisions77-€672
Profit (loss) for the period9904€1.36M€655k▼
Profit (loss) for the period to be appropriated9905€1.36M€655k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.36M€655k▼
Transfer to equity691/2€1.36M€655k▼
To other reserves6921€1.36M€655k▼
The notes to these accounts (29 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €1.36M ▲1122%
Operating result €2.33M, net result €1.36M, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €111k ▼43.3%
Net result drops to €111k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €5MEq €5.29M ▲12.3%
3 profitable years in a row build equity to €5.29M.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-07
NBB filing
Annual accounts filed
fiscal year 2016 · 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, Beringen · 1 establishment unit since 2003
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.
Industrieweg 393583 BeringenGround area
3,332 m²
Building footprint
1,127 m²
Volume, LiDAR
5,300 m³
Parcel 71049B1393/00D000, Flanders · tallest building 17.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LIBURNI NV
since 20032.131.568.664
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71049B1393/00D000 | Flanders | 3,332 m² | 1 · 1,127 m² | 17.6 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
Lotinvest Development
BE 0417.100.196
Brussel · Eq €7.81M
BEVA - INVEST
BE 0460.608.062
Zele · Eq €7.79M
Groupement immobilier de Mons
BE 0401.103.413
Charleroi · Eq €7.76M
Potrell
BE 0809.248.036
Izegem · Eq €7.70M
Noorderlaan
BE 0545.736.846
Turnhout · Eq €7.69M
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 1,420 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 formPublic limited company
Founded30-04-2003
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
41001General construction of residential buildings
68122Development of non-residential building projects
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.