Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
LIBERTY LINES from Brussel, company number BE0648706801, closed financial year 2024 with a result of € -81,281 after tax. For that financial year LIBERTY LINES recorded a gross margin of € 346,661 and equity of € 929. Compared with financial year 2023, the result moved from € 92,974 to € -81,281. The company made a loss. The buffer shrank hard: equity is 99 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 7, 2025.
€ 929
▼ 99% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -81,281
▼ still € 92,974 profit in 2023
Profit after tax over the fiscal year.
€ 6,960
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -22,071.
People and assets in 2024
€ 286,444
▲ 133% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 140,469
▼ 23% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 9,443
▼ 52% vs 2023
Loans from banks and other lenders, long and short.
€ 461,688
▲ 50% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 180,507
▲ 20% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 198,049 | - | - | - | |
| Gross margin | € 113,604 | € 140,727 | € 315,835 | € 346,661 | ▲ 10% |
| Profit after taxes | € 60,714 | € 72,483 | € 92,974 | € -81,281 | ▼ € 174,255 |
| Equity | € 75,957 | € 132,237 | € 82,210 | € 929 | ▼ 99% |
| Total debts | € 56,860 | € 277,415 | € 478,760 | € 654,738 | ▲ 37% |
| Cash | - | € 2,562 | - | € 6,960 | |
| Land & buildings | - | - | - | € 181,724 | |
| Retained profit | € 52,957 | € 109,237 | € 59,210 | € -22,071 | ▼ € 81,281 |
| Dividend | € 0 | € 0 | € 143,000 | € 0 | ▼ 100% |
| Bank debt | € 18,960 | € 9,443 | € 19,525 | € 9,443 | ▼ 52% |
| Balance sheet total | € 132,817 | € 409,651 | € 560,971 | € 655,667 | ▲ 17% |
Key figures of LIBERTY LINES, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to LIBERTY LINES?
What happened at LIBERTY LINES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 81,281 (▼ € 174,255 vs 2023). filed late Source: NBB ↗
- Sibel KAVAK became a director. NBB
- New establishment in Sint-Gillis (bij-Brussel). KBO
- Start of the company according to the CBE. KBO
In short
From € 60,714 profit in 2021 to € 81,281 loss in 2024.
Paid € 115,544 in corporate taxes since 2021.
Best year ever: 2023, with € 92,974 profit.
Paid out € 143,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2024 annual accounts
Sibel KAVAK
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Middelweg 152
1130 Brussel
Théodore Verhaegenstraat 767 box 2
1060 Sint-Gillis (bij-Brussel)
Active since 16 February 2016
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0648.706.801
- VAT number
- BE 0648.706.801
- Registered office
- Middelweg 152, 1130 Brussel
- Names & denominations
- LIBERTY LINES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 February 2016
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
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