LIGA is a property manager in Montigny-le-Tilleul. Private Limited, started on 9 September 2019, 1 establishment.

What is the address of LIGA?

The registered office of LIGA is located at Rue Beaucory 15, 6110 Montigny-le-Tilleul.

Is LIGA still active?

Yes. According to the CBE (31 October 2026) LIGA is active, legal situation “Normale toestand”, started on 9 September 2019.

Is LIGA registered on Peppol?

No, LIGA is currently not registered on the Peppol network.

What is the enterprise number of LIGA?

The enterprise number of LIGA is BE0733841919.

When was LIGA founded?

LIGA was founded on 9 September 2019.

Who are the directors of LIGA?

According to the 2025 annual accounts, the directors of LIGA are: Alexandru NOVINSCHI.

Is LIGA a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 September 2019; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did LIGA make in 2025?

LIGA recorded a loss after taxes of € 25,775 in financial year 2025.

What is the revenue of LIGA?

As a small company, LIGA is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -18,571.

LIGA (Private Limited) - Montigny-le-Tilleul

Dossier LIGA, printed on 1 November 2026 from databakkes.be/en/0733841919/liga. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

LIGA from Montigny-le-Tilleul, company number BE0733841919, closed financial year 2025 with a result of € -25,775 after tax. For that financial year LIGA recorded a gross margin of € -18,571 and equity of € -110,183. Compared with financial year 2024, the result moved from € -10,014 to € -25,775. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 1, 2026.

What it is worth Caution

€ -110,183

▼ € 25,775 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -25,775

▼ 157 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1,227

▲ € 1,066 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -120,183.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 56,781

▼ 17% vs 2024

€ 12,760 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 3,464

▼ 40% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 37,335 Gross margin 2022: € 37,335 First fiscal year in the series	€ 1,394 Gross margin 2023: € 1,394 ▼ 96% vs 2022 (€ 37,335) Unfavourable step	€ -1,930 Gross margin 2024: € -1,930 ▼ € 3,323 vs 2023 (€ 1,394) Unfavourable step	€ -18,571 Gross margin 2025: € -18,571 ▼ € 16,642 vs 2024 (€ -1,930) Unfavourable step	▼ € 16,642
Profit after taxes	€ 15,256 Profit after taxes 2022: € 15,256 First fiscal year in the series	€ -32,163 Profit after taxes 2023: € -32,163 ▼ € 47,419 vs 2022 (€ 15,256) Unfavourable step	€ -10,014 Profit after taxes 2024: € -10,014 ▲ € 22,149 vs 2023 (€ -32,163) Favourable step	€ -25,775 Profit after taxes 2025: € -25,775 ▼ € 15,761 vs 2024 (€ -10,014) Unfavourable step	▼ € 15,761
Equity	€ -42,230 Equity 2022: € -42,230 First fiscal year in the series	€ -74,393 Equity 2023: € -74,393 ▼ € 32,163 vs 2022 (€ -42,230) Unfavourable step	€ -84,407 Equity 2024: € -84,407 ▼ € 10,014 vs 2023 (€ -74,393) Unfavourable step	€ -110,183 Equity 2025: € -110,183 ▼ € 25,775 vs 2024 (€ -84,407) Unfavourable step	▼ € 25,775
Total debts	€ 166,381 Total debts 2022: € 166,381 First fiscal year in the series	€ 194,883 Total debts 2023: € 194,883 ▲ 17% vs 2022 (€ 166,381) Unfavourable step	€ 199,540 Total debts 2024: € 199,540 ▲ 2% vs 2023 (€ 194,883) Unfavourable step	€ 219,813 Total debts 2025: € 219,813 ▲ 10% vs 2024 (€ 199,540) Unfavourable step	▲ 10%
Cash	€ 5,115 Cash 2022: € 5,115 First fiscal year in the series	€ 1,687 Cash 2023: € 1,687 ▼ 67% vs 2022 (€ 5,115) Unfavourable step	€ 161 Cash 2024: € 161 ▼ 90% vs 2023 (€ 1,687) Unfavourable step	€ 1,227 Cash 2025: € 1,227 ▲ € 1,066 vs 2024 (€ 161) Favourable step	▲ € 1,066
Land & buildings	€ 57,338 Land & buildings 2022: € 57,338 First fiscal year in the series	€ 59,895 Land & buildings 2023: € 59,895 ▲ 4% vs 2022 (€ 57,338) Unchanged	€ 57,893 Land & buildings 2024: € 57,893 ▼ 3% vs 2023 (€ 59,895) Unchanged	€ 53,650 Land & buildings 2025: € 53,650 ▼ 7% vs 2024 (€ 57,893) Unchanged	▼ 7%
Retained profit	€ -52,230 Retained profit 2022: € -52,230 First fiscal year in the series	€ -84,393 Retained profit 2023: € -84,393 ▼ € 32,163 vs 2022 (€ -52,230) Unfavourable step	€ -94,407 Retained profit 2024: € -94,407 ▼ € 10,014 vs 2023 (€ -84,393) Unfavourable step	€ -120,183 Retained profit 2025: € -120,183 ▼ € 25,775 vs 2024 (€ -94,407) Unfavourable step	▼ € 25,775
Bank debt	€ 90,131 Bank debt 2022: € 90,131 First fiscal year in the series	€ 79,329 Bank debt 2023: € 79,329 ▼ 12% vs 2022 (€ 90,131) Favourable step	€ 68,216 Bank debt 2024: € 68,216 ▼ 14% vs 2023 (€ 79,329) Favourable step	€ 56,781 Bank debt 2025: € 56,781 ▼ 17% vs 2024 (€ 68,216) Favourable step	▼ 17%
Balance sheet total	€ 124,151 Balance sheet total 2022: € 124,151 First fiscal year in the series	€ 120,490 Balance sheet total 2023: € 120,490 ▼ 3% vs 2022 (€ 124,151) Unchanged	€ 115,133 Balance sheet total 2024: € 115,133 ▼ 4% vs 2023 (€ 120,490) Unchanged	€ 109,630 Balance sheet total 2025: € 109,630 ▼ 5% vs 2024 (€ 115,133) Unchanged	▼ 5%

Key figures of LIGA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to LIGA?

What happened at LIGA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 1, 2026 New annual accounts for financial year 2025: loss of € 25,775. filed late Source: NBB ↗
Oct 1, 2019 New establishment in Montigny-le-Tilleul. KBO
2019 Alexandru NOVINSCHI became a director. NBB
Sep 9, 2019 Start of the company according to the CBE. KBO

In short

From € 15,256 profit in 2022 to € 25,775 loss in 2025.

Paid € 29,313 in corporate taxes since 2022.

Best year ever: 2022, with € 15,256 profit.

Original PDFs at the National Bank ↗

Management

Alexandru NOVINSCHI

LIGA

A-Cluster

ALTAIR ENERGY PARTNERS

Advanced Technology Solutions

Behind LIGA is Alexandru NOVINSCHI. Alexandru NOVINSCHI is also behind A-Cluster, ALTAIR ENERGY PARTNERS and Advanced Technology Solutions.

Directors

According to the 2025 annual accounts

Alexandru NOVINSCHI

Director

Also active at: A-Cluster, ALTAIR ENERGY PARTNERS, Advanced Technology Solutions

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Beaucory 15

6110 Montigny-le-Tilleul

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

A-Cluster same network

€ -2,851 gross margin · 2025

ALTAIR ENERGY PARTNERS same network

€ -6,822 gross margin · 2025

Advanced Technology Solutions same network

€ 14,075 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0733.841.919
VAT number: BE 0733.841.919
Registered office: Rue Beaucory 15, 6110 Montigny-le-Tilleul
Names & denominations: LIGA
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 9 September 2019
Peppol: Not registered
Activities · NACE: Activiteiten van syndici van onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗