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LEANSQUARE

Active
Public limited companyfounded 2013active for 12 yearsRue Lambert-Lombard 3, 4000 Liège, Belgium37 active companies are registered at this addressKBO/BCE: BE 0541.651.760
Summary

LEANSQUARE has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.4m and a net result of -€2.4m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 1,139 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Other business support services
NACE 82990
7th largest company by total assets in the province of Liège, Office administrative support sector1 site
Size
€835,525operating revenue 2025
Equity
€4.4m
Loss
-€2.4m
Financial health
89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
NOSHAQ VENTURE · 88%
Board
6 members
Holdings
11
Auditor: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISESAccounts 45 days early
Why 89raises riskLoss of €2.4m, the second in a row (financial year 2025)Liquidity: current ratio 50.67, cash €1.4mEquity €4.4m (11.9% of total assets)lowers riskSize: turnover €56,984, total assets €37.4mShow the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 26% of its sector peers (NACE 82, medium-sized)
Financial strength · tick = 2024
Weak
Solvency 37-7
equity 11.9% of total assets
Liquidity 55-4
short-term debt 1.2% · cash 3.6%
Profitability 7-4
return on assets -6.4%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (221 companies, NACE 82, medium-sized)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026highest value
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity ample (current ratio 50.67, compared with 27.71 in 2024, above the usual 1.5; short-term debt: 1.2% and cash: 3.6% of total assets), but 88.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, medium-sized): better than 19% on solvency, 78% on liquidity, 4% on profitability and 5% on growth.

The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €56,984, total assets €37.4m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €2.4m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 50.67, cash €1.4m
NBB · annual accounts
raises risk · Equity €4.4m (11.9% of total assets)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€2.4m
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 1139 sector peers (2025).
NBB · sector comparison
Position among 1139 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-12-2025, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
46 days early
2023
48 days early
2022
49 days early
2021
46 days early
2020
54 days early
2019
51 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 48 days before the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 16 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end14-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Xavier PETERS (daily management delegate)Appointment: Laurent BURTON (daily management…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Weakest financial yearnet -€2.4m

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2025 -€2.4m View
  • Caution: Result fell in 2025from -€519,288 to -€2.4m ▼ 364% View
  • Caution: Among the weakest 5% on net resultsector median €47,523 · 1,141 companies -€2.4m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by NOSHAQ VENTUREultimately: NOSHAQ 88% View
  • Board changedlatest change 19-02-2026 · 6 in office 1 joined · 1 left View

By topic

Financials

Financial year
2025
Turnover
€56,984
Loss
-€2.4m
Solvency
11.9%
Turnover▼ 62.8%
Net result
20192025
Go to Financials

Board & ownership

Board
6 members
Parent
NOSHAQ VENTURE · 88%
Auditor
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
  • S.A. NOSHAQChair
  • Christophe LECLERCQDirector
  • NOSHAQ IMMO S.ADirector
  • S.C. NOSHAQ PARTNERSDaily manager
  • TRAFALGAR CONSULTINGDirector

and 1 other director

Go to Board & ownership

Timeline

Events
35
Since
2013
Next accounts
by 31-01-2027
  1. 16-12-2024Annual accounts filed
  2. 19-12-2023Appointments: PwC REVISEURS D'ENTREPRISES S.R.L. (statutory auditor)…
  3. 14-12-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other business support servicesNACE 82990
Founded
05-11-2013
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
“La société a pour objet d'accompagner des start-ups créées, en phase de création ou de…” (deed in French)
Go to Articles of association

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