LVL SECURITY
ActiveSummary
LVL SECURITY has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12k and a net result of €5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 47% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+19
Solvency64▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 5.6 against 4.04 in 2024; short-term debt: 16.1% and cash: 2.1% of total assets), but 61.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €12k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
26 d late
2022
31 d late
2021
3 d late
2020
1 d early
2019
28 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
Turnover
€100k
EBIT margin
7.9%
Net result
€5k▲ 72.5%
2024 · €3k
2018: €150
2019: €3k
2020: €12k
2021: €2k
2022: €927
2023: €802
2024: €3k
2018 → 2025
Working capital
€23k▲ 1.8%
2024 · €23k
2018: €10k
2019: €3k
2020: €16k
2021: €24k
2022: €21k
2023: €19k
2024: €23k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€100k
Equity€3k-€4k▲ 32.2%€5k▲ 21.1%€7k▲ 59.6%€12k▲ 64.4%
Operating result€4k-€3k▼ 19.1%€2k▼ 33.3%€5k▲ 104%€8k▲ 72.2%
Net result€2k-€927▼ 50.6%€802▼ 13.6%€3k▲ 242%€5k▲ 72.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 72% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €31k
Fixed assets
€3k ▲ 75.6%
Current assets
€28k ▼ 6.8%
Equity and liabilities €31k
Equity
€12k ▲ 64.4%
Debt
€19k ▼ 22.2%
Debt's share of the balance-sheet total falls from 77.0% to 61.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9k▲
2024 · €6k
Cash flow
€6k▲
2024 · €4k
Current ratio
5.60▲
2024 · 4.04
Quick ratio
3.76▲
2024 · 2.64
Debt to equity
1.58▼
2024 · 3.34
ROE
39.2%▲
2024 · 37.3%
ROA
15.2%▲
2024 · 8.6%
Interest coverage
7.16▲
2024 · 3.54
Debt ≤ 1 year
€5k▼
2024 · €7k
Debt > 1 year
€14k▼
2024 · €17k
Income taxes
€2k▲
2024 · €143
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€32k€31k▼
Fixed assets21/28€2k€3k▲
Intangible fixed assets21€300-
Tangible fixed assets22/27€1k€3k▲
Plant, machinery and equipment23€389€3k▲
Furniture and vehicles24€1k€351▼
Financial fixed assets28€25€25=
Current assets29/58€30k€28k▼
Stocks and contracts in progress3€10k€9k▼
Stocks30/36€10k€9k▼
Amounts receivable within one year40/41€5k€11k▲
Trade receivables40€3k€10k▲
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€2k€648▼
Deferred charges and accrued income490/1€12k€7k▼
Equity and liabilities
Total equity and liabilities10/49€32k€31k▼
Equity10/15€7k€12k▲
Contributions10/11€6k€6k=
Reserves13€1k€6k▲
Distributable reserves133€1k€6k▲
Profit (loss) carried forward14€148€377▲
Amounts payable17/49€25k€19k▼
Amounts payable after more than one year17€17k€14k▼
Financial debts170/4€17k€14k▼
Amounts payable within one year42/48€7k€5k▼
Trade debts44€7k€512▼
Suppliers440/4€7k€512▼
Taxes, remuneration and social security45€194€3k▲
Taxes450/3€194€3k▲
Other amounts payable47/48€81€2k▲
Income statement
Code20242025
Turnover70-€100k
Goods, raw materials, services and sundry goods60/61-€98k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€4k€2k▼
Gross operating margin9900€10k€12k▲
Operating profit (loss)9901€5k€8k▲
Financial income75/76B-€21
Recurring financial income75-€21
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€3k€7k▲
Income taxes67/77€143€2k▲
Profit (loss) for the period9904€3k€5k▲
Profit (loss) for the period to be appropriated9905€3k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€5k▲
Profit (loss) brought forward from the previous period14P€-2k€148▲
Transfer to equity691/2€1k€5k▲
To the legal reserve6920€1k-
To other reserves6921-€5k
The notes to these accounts (10 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 4.51
Current ratio from 1.88 to 4.51; short-term debt falls from €18k to €7k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €12k ▲277%
Operating result €13k, net result €12k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
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, Namur · 1 establishment unit since 2016
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.
Rue Bois des Maires(CG) 55022 NamurGround area
2,078 m²
Building footprint
109 m²
Volume, LiDAR
783 m³
Parcel 92025B0111/00H000, Wallonia · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ECLYPSE
since 20162.251.389.992
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92025B0111/00H000 | Wallonia | 2,078 m² | 1 · 109 m² | 9.2 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
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THE BRAFFS INC
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BLANCQUAERT TOOLS
BE 0456.991.447
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ADHONDEC
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Of 1,075 companies in sector 46140 we hold annual accounts for 644. 283 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
Founded25-01-2016
Fiscal year end31-12
Trade name FR
ECLYPSE
Activities, NACEBEL 2025
46140Agents in the wholesale of industrial machinery, ships and aircraft
33140Repair and maintenance of electrical equipment
43211General electrical installation work
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.