Equity
-€864,666
Debts exceed assets in financial year 2025.
LLYDA
Lifetime
16 annual accounts with figures on one time axis, 29 filings since 1995peak €1.1m (2023)
-€664,983▼ €795
lowest -€1.2m (2024)
€98,498▲ €1.3m
peak €320,509 (2016)
-€864,666▲ €98,498
€5.9m▲ 42.4%
peak 9.6 FTE (2008)
1 FTE▼ 79.6%
Board4 names since 2020
3 directorsTaelemans Daniël and 2 others
Documentsfilings and deeds
02-02-20262 days late
2025abbreviated format
Back to profit: €98,498Staff from 4.9 FTE to 1 FTEDebts from €4.1m to €5.9m
Key points
from the 2025 annual accountsDebts
€5.9m 117% of the balance sheet
Financial debts 16%Suppliers 14%Taxes and wages 5%Other 66%
€943,542 of the debts are secured on the company's own assets. In 2022 that was €1.4m.
Staff
1 FTE from 9.6 in 2008
Between 2008 and 2025, 90% of the full-time equivalents disappeared.
Liquidity
1.81 was 0.94 in 2024
Short-term debts fell from €3.3m to €2.8m.
Filings
29 annual accounts since 1995
Four of the last ten came late. The 2021 accounts came latest: 17 days after the end of the period.
Position in the sector
-€864,666
Less equity than 95% of companies in real estate. Sector median €300,201 · 11,304 companies.
Turnover not published (abbreviated format)
Checked score
31
Weak
Financially stronger than 30% of micro companies in real estate (NACE 68)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
10.0% High
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 14.6%
01-2025: 14.6%● unchanged vs 12-2024
02-2025: 14.6%● unchanged vs 01-2025
03-2025: 19.9%▲ +5.3 percentage points vs 02-2025
04-2025: 19.9%● unchanged vs 03-2025
05-2025: 19.9%● unchanged vs 04-2025
06-2025: 19.9%● unchanged vs 05-2025
07-2025: 19.9%● unchanged vs 06-2025
08-2025: 20.2%▲ +0.3 percentage points vs 07-2025
09-2025: 21.9%▲ +1.7 percentage points vs 08-2025
10-2025: 22.2%▲ +0.3 percentage points vs 09-2025
11-2025: 21.2%▼ -1.0 percentage point vs 10-2025
12-2025: 21.2%● unchanged vs 11-2025
01-2026: 21.7%▲ +0.5 percentage points vs 12-2025
02-2026: 22.3%▲ +0.6 percentage points vs 01-2026highest value
03-2026: 10.0%▼ -12.3 percentage points vs 02-2026lowest value
04-2026: 10.0%● unchanged vs 03-2026lowest value
05-2026: 10.0%● unchanged vs 04-2026lowest value
06-2026: 10.0%● unchanged vs 05-2026lowest value
07-2026: 10.0%● unchanged vs 06-2026lowest value
08-2026: 10.0%● unchanged vs 07-2026lowest value
09-2026: 10.0%● unchanged vs 08-2026lowest value
10-2026: 10.0%● unchanged vs 09-2026lowest value
11-2026: 10.0%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Negative equity -€864,666
Reorganisation plan being carried out (approved, Gazette 15-10-2024)
Liquidity: current ratio 1.81, cash €244,679
lowers risk
Size: 1 FTE, total assets €5.0m
Calculation
The band follows from the bankruptcy probability. 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 68, micro). It does better than 11% of them on solvency, 21% on liquidity, 21% on profitability and 66% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the high class on 30-06-2025, 14.6% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,449 companies had the same profile as LLYDA has now. Each dot stands for 4 companies, two years later.
92.2%
were still trading
4.8%
stopped another way
2.5%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LLYDA itself is higher: 10.0% within 12 months. It rests on far more data about LLYDA than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,449 companies, not a prediction for LLYDA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is ample, with a current ratio of 1.81 (0.94 in 2024), above the usual 1.5. Short-term debt is 55.1% and cash 4.9% of total assets. However, equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 11299 sector peers (2025).
NBB · sector comparisonPosition among 11299 sector peers
Solvency
better than 9%
← weakest
strongest →
raises risk · 2025 accounts filed 2 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
2 days late
2024
4 days late
2023
40 days early
2022
22 days early
2021
17 days late
2020
2 days early
2019
46 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 12 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 2 February (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0454789151
Environmental permit granted
Bouwen of herbouwen · Asse
Environmental permit granted
Bouwen of herbouwen · Asse
Environmental permit granted
Bouwen of herbouwen · Asse
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LLYDA Affligem | €5.0m | -€0.7m | -17.2% | 1 |
| T.O.G. Zandhoven | €4.6m | -€0.04m | -0.1% | 1 |
| WOENST Ternat | €5.4m | -€2.7m | -22.5% | 2 |
| MARCEL DE VOS & C° Beveren-Kruibeke-Zwijndrecht | €9.3m | -€1.1m | -32.0% | 1 |
| BUILDING MANAGEMENT SERVICE & STAFFING Modave | €3.8m | -€0.08m | -2.4% | 1 |
| SOENEN-DEQUAE Oostkamp | €4.2m | -€0.03m | 12.9% | 0.3 |
| T & K INVEST Liège | €4.4m | -€0.1m | -11.8% | 1 |
These companies have the same main activity as LLYDA: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €3.8m and €9.3m, founded between 1979 and 2009.
Official details
Source: KBO- Status
- Active since 13-03-1995Normal situation
- Activity
- Development of residential building projectsNACE 68121
- Joint committees
- 100Auxiliary committee for blue-collar workers
- 200Auxiliary committee for white-collar workers · annual accounts 30-06-2025
- Establishment unit
- 2.071.792.0191790 Affligem, since 31-05-1995
- Financial year end
- 30 June
- Peppol
- Reachable since 08-07-2026
Insights on LLYDA
LLYDA files the abbreviated format. That format states no turnover. The gross margin fell from €281,692 in 2008 to -€664,983 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LLYDA
- What is the company number of LLYDA?
- The company number of LLYDA is 0454.789.151. The VAT number is the same number with BE in front: BE 0454.789.151.
- Where is LLYDA based?
- The registered office is at Ternatsestraat 105, 1790 Affligem.Company details
- What does LLYDA do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of LLYDA?
- LLYDA is a public limited company (NV).
- When was LLYDA founded?
- LLYDA was founded on 13-03-1995.
- Is LLYDA still active?
- Yes, LLYDA is an active enterprise in the KBO register.
- How many employees does LLYDA have?
- LLYDA had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does LLYDA fall under?
- In its 30-06-2025 annual accounts, LLYDA states joint committees 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of LLYDA?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.
- Is LLYDA profitable?
- In financial year 2025, LLYDA made a profit of €98,498.
- Where can I find the annual accounts of LLYDA?
- LLYDA filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LLYDA due?
- LLYDA must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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