Skip to content

LRFC

Active
Private limited companyfounded 201016 yrs activeKoninklijke Baan(Kok) 117A, 8670 Koksijde, BelgiumKBO/BCE: BE 0828.206.586

LRFC has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74k and a net result of €-11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 77% of 8657 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
64 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▼-95
Solvency100▲+10
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 4.83 against 2.64 in 2024; short-term debt: 19% and cash: 0.2% of total assets), and 19% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 16 years 0 20 y
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 2025
Solvency, return and age of the figures
Solvency
81%
Return on assets
-11.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
28 d late
2024
28 d late
2023
47 d early
2022
20 d early
2021
11 d early
2020
33 d early
2019
7 d early
← 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 months
Position in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€74k▼ 12.9%
2024 · €85k
2018: €7k 2019: €3k 2020: €2k 2021: €8k 2022: €7k 2023: €53k 2024: €85k
2018 → 2025
Total assets
€92k▼ 30.4%
2024 · €132k
2018: €11k 2019: €7k 2020: €7k 2021: €26k 2022: €25k 2023: €136k 2024: €132k
2018 → 2025
Net result
€-11k
2024 · €32k
2018: €28 2019: €-4k 2020: €-1k 2021: €7k 2022: €-2k 2023: €47k 2024: €32k
2018 → 2025
Working capital
€67k▼ 12.0%
2024 · €76k
2018: €8k 2019: €4k 2020: €3k 2021: €8k 2022: €7k 2023: €53k 2024: €76k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€8k-€7k▼ 19.9%€53k▲ 697%€85k▲ 59.9%€74k▼ 12.9%
Operating result€7k-€-1k€66k€48k▼ 27.3%€-11k
Net result€7k-€-2k€47k€32k▼ 31.5%€-11k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40k€60kOperating result 2021: €7k€7kNet result 2021: €7k€7kOperating result 2022: €-1k€-1kNet result 2022: €-2k€-2kOperating result 2023: €66k€66kNet result 2023: €47k€47kOperating result 2024: €48k€48kNet result 2024: €32k€32kOperating result 2025: €-11k€-11kNet result 2025: €-11k€-11k20212022202320242025
The operating result turns negative in 2025: a loss of €11k after €48k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92k
Fixed assets €7k▼ 20.0%
Current assets €84k▼ 31.1%
Equity and liabilities €92k
Equity €74k▼ 12.9%
Debt €17k▼ 62.5%
The debt ratio falls from 35.3% to 19.0%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-9k
2024 · €48k
Cash flow
€-9k
2024 · €32k
Solvency
81.0%
2024 · 64.7%
Current ratio
4.83
2024 · 2.64
Quick ratio
4.83
2024 · 2.64
Debt / equity
0.24
2024 · 0.55
ROE
-14.8%
2024 · 37.5%
ROA
-11.9%
2024 · 24.2%
Interest coverage
-19.13
2024 · 253.73
Debt
€17k
2024 · €46k
Debt ≤ 1 year
€17k
2024 · €46k
Staff costs
€28k
2024 · €43k
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€132k€92k
Fixed assets21/28€9k€7k
Tangible fixed assets22/27€9k€7k
Furniture and vehicles24€9k€7k
Current assets29/58€123k€84k
Amounts receivable within one year40/41€116k€83k
Trade receivables40€12k€5k
Other amounts receivable41€105k€78k
Cash at bank and in hand54/58€5k€198
Deferred charges and accrued income490/1€1k€2k
Equity and liabilities
Total equity and liabilities10/49€132k€92k
Equity10/15€85k€74k
Contributions10/11€19k€19k=
Reserves13€67k€67k=
Distributable reserves133€67k€67k=
Profit (loss) carried forward14-€-11k
Amounts payable17/49€46k€17k
Amounts payable within one year42/48€46k€17k
Financial debts43€13k-
Credit institutions430/8€13k-
Trade debts44€965€8k
Suppliers440/4€965€8k
Advances received on contracts in progress46-€6k
Taxes, remuneration and social security45€32k€2k
Taxes450/3€23k€136
Remuneration and social security454/9€9k€2k
Other amounts payable47/48€547€547=
Income statement Code20242025
Remuneration, social security and pensions62€43k€28k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10€2k
Other operating charges640/8€387€812
Gross operating margin9900€91k€20k
Operating profit (loss)9901€48k€-11k
Financial income75/76B-€8
Recurring financial income75-€8
Financial charges65/66B€189€454
Recurring financial charges65€189€454
Profit (loss) for the period before taxes9903€48k€-11k
Income taxes67/77€16k-
Profit (loss) for the period9904€32k€-11k
Profit (loss) for the period to be appropriated9905€32k€-11k
Appropriation of the result
Profit (loss) to be appropriated9906€32k€-11k
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€32k-
To other reserves6921€32k-
Social balance
Average headcount (FTE)90871.01.0=

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial Weakest financial yearnet €-11k ▼134%
Net result drops to €-11k, the lowest in the series.
28-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
14-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Back to profitnet €47k
Net result €47k after one loss-making year.
11-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €7k
Net result €7k after 2 loss-making years.
28-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
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, Koksijde · 1 establishment unit since 2010
establishment The establishment unit on the map
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.

Koninklijke Baan(Kok) 117A8670 Koksijde
Ground area
486 m²
Building footprint
274 m²
Volume, LiDAR
2,882 m³
2 parcels, Flanders · tallest building 21.8 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
LRFC
Koninklijke Baan(Kok) 117, 8670 KoksijdeIT consultancy
since 20102.194.846.021
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38342G0475/00G000 Flanders 332 m² 1 · 136 m² 21.8 m · 6 fl.
38342G0475/00F000 Flanders 154 m² 1 · 138 m² 20.9 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.

Similar companies · same sector, comparable size

Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 39,870 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded02-08-2010
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.