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RESULT LIGHTING

Active
Private limited companyfounded 200916 yrs activeBurmtiendestraat 48, 9140 Temse, BelgiumKBO/BCE: BE 0821.750.643

RESULT LIGHTING has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €272k and a net result of €57k. Equity is growing by ~32.8% per year across the filed fiscal years. Its solvency ranks better than 47% of 26908 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
83 / 100
Excellent▼ -17 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency90▼-10
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 8.32 against 12.01 in 2024), but 55.1% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2025
Solvency, return and age of the figures
Solvency
44.9%
Return on assets
9.4%
Age of the figures
8 mo
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
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 d early
2024
31 d early
2023
36 d early
2022
32 d early
2021
32 d early
2020
32 d early
2019
31 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
07-09-2026 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, micro schema

Equity
€272k▼ 6.0%
2024 · €290k
2018: €44k 2019: €65k 2020: €88k 2021: €84k 2022: €119k 2023: €189k 2024: €290k
2018 → 2025
Total assets
€606k▲ 91.3%
2024 · €317k
2018: €74k 2019: €97k 2020: €134k 2021: €164k 2022: €188k 2023: €225k 2024: €317k
2018 → 2025
Net result
€57k▼ 43.1%
2024 · €100k
2018: €33k 2019: €55k 2020: €27k 2021: €30k 2022: €35k 2023: €70k 2024: €100k
2018 → 2025
Working capital
€508k▲ 98.2%
2024 · €256k
2018: €36k 2019: €65k 2020: €82k 2021: €69k 2022: €129k 2023: €145k 2024: €256k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€84k-€119k▲ 41.5%€189k▲ 58.9%€290k▲ 52.9%€272k▼ 6.0%
Operating result€43k-€54k▲ 23.6%€107k▲ 99.0%€157k▲ 47.4%€96k▼ 38.7%
Net result€30k-€35k▲ 18.4%€70k▲ 101%€100k▲ 42.7%€57k▼ 43.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €43k€43kNet result 2021: €30k€30kOperating result 2022: €54k€54kNet result 2022: €35k€35kOperating result 2023: €107k€107kNet result 2023: €70k€70kOperating result 2024: €157k€157kNet result 2024: €100k€100kOperating result 2025: €96k€96kNet result 2025: €57k€57k20212022202320242025
The operating result falls in 2025; 2025 is 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €606k
Fixed assets €29k▼ 22.3%
Current assets €577k▲ 107%
Equity and liabilities €606k
Equity €272k▼ 6.0%
Debt €334k▲ 1,123%
The debt ratio rises from 8.6% to 55.1%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€111k
2024 · €170k
Cash flow
€71k
2024 · €113k
Solvency
44.9%
2024 · 91.4%
Current ratio
8.32
2024 · 12.01
Quick ratio
2.86
2024 · 10.16
Debt / equity
1.23
2024 · 0.09
ROE
20.9%
2024 · 34.6%
ROA
9.4%
2024 · 31.6%
Interest coverage
9.16
2024 · 21.15
Debt
€334k
2024 · €27k
Debt ≤ 1 year
€69k
2024 · €23k
Debt > 1 year
€265k
2024 · €4k
Income taxes
€27k
2024 · €49k
Staff costs
€54k
2024 · €69k
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€317k€606k
Fixed assets21/28€37k€29k
Tangible fixed assets22/27€32k€24k
Plant, machinery and equipment23€7k€8k
Furniture and vehicles24€25k€16k
Financial fixed assets28€5k€5k
Current assets29/58€279k€577k
Stocks and contracts in progress3€43k€379k
Stocks30/36€43k€379k
Amounts receivable within one year40/41€119k€117k
Trade receivables40€10k€78k
Other amounts receivable41€109k€40k
Cash at bank and in hand54/58€109k€69k
Deferred charges and accrued income490/1€8k€12k
Equity and liabilities
Total equity and liabilities10/49€317k€606k
Equity10/15€290k€272k
Contributions10/11€10k€10k=
Reserves13€280k€262k
Tax-exempt reserves132€280k€262k
Amounts payable17/49€27k€334k
Amounts payable after more than one year17€4k€265k
Financial debts170/4€4k€265k
Amounts payable within one year42/48€23k€69k
Current portion of amounts payable after more than one year42€3k€6k
Trade debts44€19k€63k
Suppliers440/4€19k€63k
Taxes, remuneration and social security45€1k€665
Remuneration and social security454/9€1k€665
Income statement Code20242025
Remuneration, social security and pensions62€69k€54k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k
Other operating charges640/8€3k€4k
Gross operating margin9900€242k€168k
Operating profit (loss)9901€157k€96k
Financial income75/76B€56€14
Recurring financial income75€56€14
Financial charges65/66B€8k€12k
Recurring financial charges65€8k€12k
Profit (loss) for the period before taxes9903€149k€84k
Income taxes67/77€49k€27k
Profit (loss) for the period9904€100k€57k
Profit (loss) for the period to be appropriated9905€100k€57k
Appropriation of the result
Profit (loss) to be appropriated9906€100k€57k
Transfer from equity791/2-€74k
Transfer to equity691/2€100k€57k
To other reserves6921€100k€57k
Profit to be distributed694/7-€74k
Return on contributions (dividend)694-€74k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
02-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €100k ▲42.7%
Operating result €157k, net result €100k, both a record.
31-12
Financial Liquidity doublescurrent ratio 12.01
Current ratio from 5.06 to 12.01; short-term debt falls from €36k to €23k.
31-12
Financial Equity above €200kEq €290k ▲52.9%
7 profitable years in a row build equity to €290k.
25-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €150kEq €189k ▲58.9%
6 profitable years in a row build equity to €189k.
29-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity doublescurrent ratio 4.50
Current ratio from 1.94 to 4.50; short-term debt falls from €73k to €37k.
31-12
Financial Equity above €100kEq €119k ▲41.5%
5 profitable years in a row build equity to €119k.
29-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet €27k ▼51.5%
Net result drops to €27k, the lowest in the series; recovery starts the following year.
30-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
08-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
15-07
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
2 directors, no change since 2023
TEMPELS Elke
Director · since 26-12-2023
Current
26-12-2023 TEMPELS Elke: Appointed as Director
26-12-2023 EGGHE Kurt Remi Julia: Resigned as Director
Location & real-estate footprint
Registered office, Temse · 1 establishment unit since 2010
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.

Burmtiendestraat 489140 Temse
Ground area
656 m²
Building footprint
166 m²
Volume, LiDAR
880 m³
Parcel 46026B0513/00F000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RESULT LIGHTING
Burmtiendestraat 48, 9140 TemseCivil engineering
since 20102.183.742.093
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46026B0513/00F000 Flanders 656 m² 1 · 166 m² 8.1 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

Of 22,724 companies in sector 43211 we hold annual accounts for 10,222. 7,693 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded24-12-2009
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43350Other building finishing work
43422Screed work
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers

Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.