L & D
ActiveL & D has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66k and a net result of €-43k. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 16% of 8636 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▼-41
Solvency36▼-20
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.04 against 0.77 in 2024; short-term debt: 88.7% and cash: 2.7% of total assets), and 88.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
11.3%
Return on assets
-7.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 8636 sector peers (2025).
NBB · sector comparisonPosition among 8636 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
12 d early
2023
23 d early
2022
39 d early
2021
27 d early
2020
40 d early
2019
39 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€66k▼ 39.4%
2024 · €109k
2018: €36k
2019: €64k
2020: €67k
2021: €65k
2022: €73k
2023: €98k
2024: €109k
2018 → 2025
Total assets
€585k▲ 65.5%
2024 · €353k
2018: €191k
2019: €229k
2020: €224k
2021: €225k
2022: €227k
2023: €247k
2024: €353k
2018 → 2025
Net result
€-43k
2024 · €11k
2018: €-4k
2019: €29k
2020: €3k
2021: €-2k
2022: €8k
2023: €26k
2024: €11k
2018 → 2025
Working capital
€-499k▼ 782%
2024 · €-57k
2018: €-332
2019: €-66k
2020: €-57k
2021: €-56k
2022: €-45k
2023: €-26k
2024: €-57k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€65k-€73k▲ 11.9%€98k▲ 35.7%€109k▲ 11.1%€66k▼ 39.4%
Operating result€-2k-€11k€42k▲ 283%€24k▼ 43.2%€-43k
Net result€-2k-€8k€26k▲ 236%€11k▼ 57.8%€-43k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €43k after €24k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €585k
Fixed assets
€565k▲ 241%
Current assets
€20k▼ 89.5%
Equity and liabilities €585k
Equity
€66k▼ 39.4%
Debt
€518k▲ 113%
The debt ratio rises from 69.0% to 88.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-18k▼
2024 · €27k
Cash flow
€-18k▼
2024 · €14k
Solvency
11.3%▼
2024 · 31.0%
Current ratio
0.04▼
2024 · 0.77
Quick ratio
0.04▼
2024 · 0.77
Debt / equity
7.83▲
2024 · 2.23
ROE
-65.1%▼
2024 · 10.0%
ROA
-7.4%▼
2024 · 3.1%
Interest coverage
-210.44▼
2024 · 3.41
Debt
€518k▲
2024 · €244k
Debt ≤ 1 year
€518k▲
2024 · €244k
Income taxes
€0▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€353k€585k▲
Fixed assets21/28€166k€565k▲
Tangible fixed assets22/27€166k€565k▲
Land and buildings22€166k€565k▲
Current assets29/58€187k€20k▼
Amounts receivable within one year40/41€13k€3k▼
Trade receivables40€10k€0▼
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€175k€16k▼
Deferred charges and accrued income490/1-€258
Equity and liabilities
Total equity and liabilities10/49€353k€585k▲
Equity10/15€109k€66k▼
Contributions10/11€62k€62k=
Reserves13€47k€45k▼
Distributable reserves133€47k€45k▼
Profit (loss) carried forward14-€-40k
Amounts payable17/49€244k€518k▲
Amounts payable within one year42/48€244k€518k▲
Trade debts44€3k€20k▲
Suppliers440/4€3k€20k▲
Taxes, remuneration and social security45€6k€269▼
Taxes450/3€6k€269▼
Other amounts payable47/48€235k€498k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€25k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€31k€-15k▼
Operating profit (loss)9901€24k€-43k▼
Financial income75/76B-€210
Recurring financial income75-€210
Financial charges65/66B€8k€87▼
Recurring financial charges65€8k€87▼
Profit (loss) for the period before taxes9903€16k€-43k▼
Income taxes67/77€5k€0▼
Profit (loss) for the period9904€11k€-43k▼
Profit (loss) for the period to be appropriated9905€11k€-43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€-43k▼
Transfer from equity791/2-€3k
Transfer to equity691/2€11k€0▼
To other reserves6921€11k€0▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-43k ▼495%
Net result drops to €-43k, the lowest in the series.
19-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €109k ▲11.1%
3 profitable years in a row build equity to €109k.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 1989
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Zeedijk-Knokke 6408300 Knokke-HeistGround area
524 m²
Building footprint
524 m²
Volume, LiDAR
14,929 m³
Parcel 31013A0766/00A000, Flanders · tallest building 39.9 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
Zeedijk-Knokke 640, 8300 Knokke-Heist
since 19892.042.368.454
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013A0766/00A000 | Flanders | 524 m² | 1 · 524 m² | 39.9 m · 10 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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T.M.S.
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Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 39,435 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-06-1988
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.