LICHT & VORM GENT
ActiveSummary
LICHT & VORM GENT has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.46M and a net result of €-67k. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 61% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability29▼-71
Solvency78▼-9
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days only on tighter terms
Liquidity ample (current ratio 2.36 against 2.57 in 2023; short-term debt: 15.1% and cash: 0.9% of total assets), and 46.5% 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+raises risk
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
53.5%
Return on assets
-1.5%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-01-2026, 168 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
168 d late
2023
61 d late
2022
46 d late
2021
2 d late
2020
11 d late
2019
37 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€2.46M▼ 4.6%
2023 · €2.58M
2018: €814k
2019: €885k
2020: €969k
2021: €1.04M
2022: €973k
2023: €2.58M
2018 → 2024
Total assets
€4.60M▲ 10.7%
2023 · €4.16M
2018: €965k
2019: €1.26M
2020: €1.61M
2021: €2.20M
2022: €2.19M
2023: €4.16M
2018 → 2024
Net result
€-67k
2023 · €1.60M
2018: €83k
2019: €72k
2020: €84k
2021: €69k
2022: €-65k
2023: €1.60M
2018 → 2024
Working capital
€949k▼ 32.7%
2023 · €1.41M
2018: €354k
2019: €421k
2020: €111k
2021: €-648k
2022: €-636k
2023: €1.41M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€969k-€1.04M▲ 7.1%€973k▼ 6.3%€2.58M▲ 165%€2.46M▼ 4.6%
Operating result€108k-€95k▼ 12.1%€-31k€2.01M€-44k
Net result€84k-€69k▼ 17.5%€-65k€1.60M€-67k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €44k after €2.01M in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.60M
Fixed assets
€2.95M ▲ 59.7%
Current assets
€1.64M ▼ 28.7%
Equity and liabilities €4.60M
Equity
€2.46M ▼ 4.6%
Provisions
€369k ▼ 0.7%
Debt
€1.77M ▲ 46.7%
Debt's share of the balance-sheet total rises from 29.0% to 38.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€61k▼
2023 · €2.08M
Cash flow
€38k▼
2023 · €1.67M
Current ratio
2.36▼
2023 · 2.57
Quick ratio
2.06▼
2023 · 2.42
Debt to equity
0.72▲
2023 · 0.47
ROE
-2.7%▼
2023 · 62.2%
ROA
-1.5%▼
2023 · 38.6%
Interest coverage
1.48▼
2023 · 75.59
Debt ≤ 1 year
€696k▼
2023 · €897k
Debt > 1 year
€1.03M▲
2023 · €283k
Income taxes
€35k▲
2023 · €20k
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 · 2024 against 2023 · 69 lines
Balance sheet
Code20232024
Assets
Total assets20/58€4.16M€4.60M▲
Fixed assets21/28€1.85M€2.95M▲
Tangible fixed assets22/27€1.13M€2.19M▲
Land and buildings22€919k€2.01M▲
Plant, machinery and equipment23€1k€959▼
Furniture and vehicles24€39k€39k▲
Other tangible fixed assets26€167k€143k▼
Financial fixed assets28€724k€761k▲
Current assets29/58€2.31M€1.64M▼
Stocks and contracts in progress3€132k€213k▲
Stocks30/36€132k€213k▲
Amounts receivable within one year40/41€110k€103k▼
Trade receivables40€108k€96k▼
Other amounts receivable41€2k€7k▲
Current investments50/53€1.98M€1.25M▼
Cash at bank and in hand54/58€74k€41k▼
Deferred charges and accrued income490/1€16k€38k▲
Equity and liabilities
Total equity and liabilities10/49€4.16M€4.60M▲
Equity10/15€2.58M€2.46M▼
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Reserves13€2.51M€2.40M▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€1.49M€1.48M▼
Distributable reserves133€1.02M€916k▼
Profit (loss) carried forward14€208-
Provisions and deferred taxes16€372k€369k▼
Deferred taxes168€372k€369k▼
Amounts payable17/49€1.21M€1.77M▲
Amounts payable after more than one year17€283k€1.03M▲
Financial debts170/4€282k€227k▼
Other amounts payable178/9€1k€801k▲
Amounts payable within one year42/48€897k€696k▼
Current portion of amounts payable after more than one year42€55k€55k▲
Financial debts43-€500k
Credit institutions430/8-€500k
Trade debts44€13k€37k▲
Suppliers440/4€13k€37k▲
Taxes, remuneration and social security45€31k€19k▼
Taxes450/3€31k€18k▼
Remuneration and social security454/9-€1k
Other amounts payable47/48€798k€86k▼
Accrued charges and deferred income492/3€27k€46k▲
Income statement
Code20232024
Non-recurring operating income76A€1.87M-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€105k▲
Other operating charges640/8€24k€20k▼
Gross operating margin9900€2.10M€82k▼
Operating profit (loss)9901€2.01M€-44k▼
Financial income75/76B€13k€49k▲
Recurring financial income75€13k€49k▲
Financial charges65/66B€28k€41k▲
Recurring financial charges65€28k€41k▲
Profit (loss) for the period before taxes9903€2.00M€-36k▼
Transfer from deferred taxes780-€3k
Transfer to deferred taxes680€372k-
Income taxes67/77€20k€35k▲
Profit (loss) for the period9904€1.60M€-67k▼
Transfer from tax-exempt reserves789-€11k
Transfer to tax-exempt reserves689€1.49M-
Profit (loss) for the period to be appropriated9905€118k€-56k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€-56k▼
Profit (loss) brought forward from the previous period14P€-65k€208▲
Transfer from equity791/2-€106k
Transfer to equity691/2€53k-
To other reserves6921€53k-
Profit to be distributed694/7-€50k
Return on contributions (dividend)694-€50k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
15-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 168 days late
2024
31-12
Financial
Weakest financial yearnet €-67k ▼104%
Net result drops to €-67k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Back to profitnet €1.60M
Net result €1.60M after one loss-making year.
31-12
Financial
Liquidity times 10current ratio 2.57
Current ratio from 0.27 to 2.57.
31-12
Financial
Equity above €2MEq €2.58M ▲165%
Equity rises from €973k to €2.58M.
15-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 46 days late
2022
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
31-12
Financial
Equity above €1MEq €1.04M ▲7.1%
4 profitable years in a row build equity to €1.04M.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
16-06
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
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, Gavere · 1 establishment unit since 2000
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.
Biesstraat 249890 GavereGround area
2,541 m²
Building footprint
174 m²
Volume, LiDAR
879 m³
Parcel 44003A1167/00D000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Biesstraat 24, 9890 Gavere
since 20002.099.439.096
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44003A1167/00D000 | Flanders | 2,541 m² | 1 · 174 m² | 7.7 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.
Recognitions · licences · registrations
Legal Entity Identifier
6488DZIO015FWD179892
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Of 1,170 companies in sector 46499 we hold annual accounts for 743. 396 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
Founded17-02-2000
Fiscal year end31-12
Activities, NACEBEL 2025
46499Wholesale of other household goods
47251Retail sale of wines and spirits
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.