L & D
ActiveL & D has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €478k and a net result of €-10k. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 13090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-85
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 13.97 against 8.29 in 2024), and 10.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89.2%
Return on assets
-1.8%
Age of the figures
9 mo
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
29 d early
2023
44 d early
2022
19 d early
2021
52 d early
2020
47 d early
2019
49 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€478k▼ 2.0%
2024 · €488k
2018: €288k
2019: €326k
2020: €347k
2021: €367k
2022: €405k
2023: €405k
2024: €488k
2018 → 2025
Total assets
€536k▼ 11.8%
2024 · €607k
2018: €468k
2019: €460k
2020: €431k
2021: €463k
2022: €531k
2023: €640k
2024: €607k
2018 → 2025
Net result
€-10k
2024 · €83k
2018: €35k
2019: €75k
2020: €51k
2021: €60k
2022: €88k
2023: €118k
2024: €83k
2018 → 2025
Working capital
€466k▼ 5.8%
2024 · €494k
2018: €293k
2019: €314k
2020: €326k
2021: €352k
2022: €367k
2023: €365k
2024: €494k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€367k-€405k▲ 10.3%€405k=€488k▲ 20.4%€478k▼ 2.0%
Operating result€75k-€117k▲ 56.2%€154k▲ 31.5%€123k▼ 20.3%€-10k
Net result€60k-€88k▲ 45.7%€118k▲ 34.3%€83k▼ 29.9%€-10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €10k after €123k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €536k
Fixed assets
€34k▼ 24.1%
Current assets
€502k▼ 10.8%
Equity and liabilities €536k
Equity
€478k▼ 2.0%
Debt
€58k▼ 51.6%
The debt ratio falls from 19.7% to 10.8%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€592▼
2024 · €133k
Cash flow
€1k▼
2024 · €92k
Solvency
89.2%▲
2024 · 80.3%
Current ratio
13.97▲
2024 · 8.29
Quick ratio
13.97▲
2024 · 8.29
Debt / equity
0.12▼
2024 · 0.25
ROE
-2.0%▼
2024 · 17.0%
ROA
-1.8%▼
2024 · 13.6%
Interest coverage
0.21▼
2024 · 31.33
Debt
€58k▼
2024 · €120k
Debt ≤ 1 year
€36k▼
2024 · €68k
Debt > 1 year
€21k▼
2024 · €50k
Income taxes
€183▼
2024 · €42k
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€607k€536k▼
Fixed assets21/28€45k€34k▼
Tangible fixed assets22/27€44k€33k▼
Furniture and vehicles24€44k€33k▼
Financial fixed assets28€1k€1k=
Current assets29/58€562k€502k▼
Amounts receivable after more than one year29€65k€59k▼
Other amounts receivable291€65k€59k▼
Amounts receivable within one year40/41€96k€100k▲
Trade receivables40-€3k
Other amounts receivable41€96k€97k▲
Current investments50/53-€190k
Cash at bank and in hand54/58€398k€152k▼
Deferred charges and accrued income490/1€3k€699▼
Equity and liabilities
Total equity and liabilities10/49€607k€536k▼
Equity10/15€488k€478k▼
Contributions10/11€6k€6k=
Reserves13€481k€481k=
Distributable reserves133€481k€481k=
Profit (loss) carried forward14-€-10k
Amounts payable17/49€120k€58k▼
Amounts payable after more than one year17€50k€21k▼
Financial debts170/4€50k€21k▼
Amounts payable within one year42/48€68k€36k▼
Current portion of amounts payable after more than one year42€20k€9k▼
Trade debts44€4k€25k▲
Suppliers440/4€4k€25k▲
Taxes, remuneration and social security45€25k-
Taxes450/3€25k-
Other amounts payable47/48€18k€1k▼
Accrued charges and deferred income492/3€1k€712▼
Income statement
Code20242025
Non-recurring operating income76A€55k€8k▼
Remuneration, social security and pensions62€36k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A€4k-
Gross operating margin9900€175k€2k▼
Operating profit (loss)9901€123k€-10k▼
Financial income75/76B€6k€3k▼
Recurring financial income75€6k€3k▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€125k€-10k▼
Income taxes67/77€42k€183▼
Profit (loss) for the period9904€83k€-10k▼
Profit (loss) for the period to be appropriated9905€83k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€83k€-10k▼
Transfer to equity691/2€83k-
To other reserves6921€83k-
The notes to these accounts (10 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
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-10k ▼112%
Net result drops to €-10k, the lowest in the series.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 8.29
Current ratio from 2.83 to 8.29; short-term debt falls from €199k to €68k.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €118k ▲34.3%
Operating result €154k, net result €118k, both a record.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
09-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 40 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Aalst · 1 establishment unit since 1997
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.
Wateringen 249300 AalstGround area
2,474 m²
Building footprint
245 m²
Volume, LiDAR
1,678 m³
Parcel 41302C0451/00H002, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
L&D
since 19972.082.542.983
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41302C0451/00H002 | Flanders | 2,474 m² | 1 · 244 m² | 10.3 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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Of 20,510 companies in sector 56111 we hold annual accounts for 11,456. 6,427 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-05-1997
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.