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ELCRP

Active
Private limited companyfounded 20241 yr activeTorhoutsesteenweg 691, 8400 Oostende, BelgiumKBO/BCE: BE 1014.603.865
Summary

The computed 12-month bankruptcy probability of ELCRP is 1.5% (moderate). The 2025 annual accounts show equity of €89,606 and a net result of €69,606. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability48
Solvency30
Growth-
Track record67
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.06; short-term debt: 94.5% and cash: 6.2% of total assets), and 94.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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
5.5%
Return on assets
4.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

On 3 October 2024, ELCRP was incorporated as a Private limited company.1 In 2026 the company took the name LDM PROPERTIES.2 The company has filed annual accounts once, for fiscal year 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 01-07-2026
  3. 3National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€89,606
Total assets
€1.6m
Net result
€69,606
Working capital
€89,606

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Equity and liabilities €1.6m
Equity €89,606
Debt €1.5m
Debt finances 94.5% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
1.06
Quick ratio
0.07
Debt to equity
17.18
ROE
77.7%
ROA
4.3%
Debt ≤ 1 year
€1.5m
Income taxes
€25,517

Peer companies

Historical observation

Of the 139 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 99% are still going.

  • Small
  • under 2 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
0% went bankrupt
0.7% stopped otherwise
99% still going

For this company itself Checked computes a higher bankruptcy probability: 1.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 139 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€1.6m
Current assets29/58€1.6m
Stocks and contracts in progress3€1.5m
Stocks30/36€1.5m
Cash at bank and in hand54/58€100,613
Equity and liabilities
Total equity and liabilities10/49€1.6m
Equity10/15€89,606
Contributions10/11€20,000
Reserves13€69,606
Distributable reserves133€69,606
Amounts payable17/49€1.5m
Amounts payable within one year42/48€1.5m
Financial debts43€751,500
Credit institutions430/8€751,500
Trade debts44€17,839
Suppliers440/4€17,839
Taxes, remuneration and social security45€25,517
Taxes450/3€25,517
Other amounts payable47/48€745,000
Income statement Code2025
Other operating charges640/8€778
Gross operating margin9900€96,254
Operating profit (loss)9901€95,476
Financial charges65/66B€354
Recurring financial charges65€354
Profit (loss) for the period before taxes9903€95,122
Income taxes67/77€25,517
Profit (loss) for the period9904€69,606
Profit (loss) for the period to be appropriated9905€69,606
Appropriation of the result
Profit (loss) to be appropriated9906€69,606
Transfer to equity691/2€69,606
To other reserves6921€69,606

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€778
Gross operating margin9900€96,254
Operating profit (loss)9901€95,476
Financial charges65/66B€354
Recurring financial charges65€354
Profit (loss) for the period before taxes9903€95,122
Income taxes67/77€25,517
Profit (loss) for the period9904€69,606
Profit (loss) for the period to be appropriated9905€69,606
Line2025
Assets
Total assets20/58€1.6m
Current assets29/58€1.6m
Stocks and contracts in progress3€1.5m
Stocks30/36€1.5m
Cash at bank and in hand54/58€100,613
Equity and liabilities
Total equity and liabilities10/49€1.6m
Equity10/15€89,606
Contributions10/11€20,000
Reserves13€69,606
Distributable reserves133€69,606
Amounts payable17/49€1.5m
Amounts payable within one year42/48€1.5m
Financial debts43€751,500
Credit institutions430/8€751,500
Trade debts44€17,839
Suppliers440/4€17,839
Taxes, remuneration and social security45€25,517
Taxes450/3€25,517
Other amounts payable47/48€745,000
Line2025
Profit (loss) for the period9904€69,606
Operating cash flow (approximation)€69,606

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
01-07
State Gazette act Benaming
Name change · Power of attorney4 facts ▸
  • General meeting, 19-06-2026
  • Name change, LDM PROPERTIES
  • Power of attorney
  • Other statement, uitreiking vóór registratie, artikel 173, 1° bis van het Wetboek registratierechten
State Gazette actNBB filing
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oostende
exact location from the address register On OpenStreetMap
Ground area
1.2 ha
Building footprint
4,454 m²
Volume, LiDAR
22,927 m³
Parcel 35020A0077/00G000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
13 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35020A0077/00G000 Flanders 1.2 ha 1 · 4,454 m² 8.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Articles of association

Name clause
Legal form clause

Structure & network

Part of the group AUTOGROEP NOORDZEE 16 companies Group, risk and exposure

Owners and holdings

2 owners

Chain of control

  1. AUTOGROEP NOORDZEE 99.24%
  2. P & C-Invest 60%
  3. ELCRP

Highest known parent: AUTOGROEP NOORDZEE. The sources do not say who stands above it.

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded03-10-2024
Fiscal year end31-12
Legal name NL LDM PROPERTIES
E-invoicing
Reachable via Peppol
Peppol ID 0208:1014603865
Registered 11-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.