L&D DESIGN
ActiveSummary
L&D DESIGN has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60,189 and a net result of €31,569. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 67% of 28281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency87▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.61 against 1.8 in 2024; short-term debt: 37.6% and cash: 88.8% of total assets), and 37.6% of the assets are financed with debt.
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Signals
Five 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
62.4%
Return on assets
32.7%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €60,189
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 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
66 d early
2024
72 d early
2023
64 d early
2022
61 d early
2021
61 d early
2020
65 d early
2019
56 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 64 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 29 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€60,189▲ 110%
2024 · €28,620
Total assets
€96,479▲ 56.1%
2024 · €61,816
Net result
€31,569▲ 18.6%
2024 · €26,613
Working capital
€58,566▲ 121%
2024 · €26,522
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€32,658▲ 110%€6,747▼ 79.3%-€22,160€28,138€48,713▲ 73.1%
Net result€32,094above the sector's middle half▲ 108%€5,278within the sector's middle half▼ 83.6%-€23,377below the sector's middle half€26,613within the sector's middle half€31,569above the sector's middle half▲ 18.6%
Equity€20,105within the sector's middle half▲ 701%€25,383within the sector's middle half▲ 26.3%€2,007below the sector's middle half▼ 92.1%€28,620within the sector's middle half▲ 1,326%€60,189within the sector's middle half▲ 110%
Total assets€29,918below the sector's middle half▲ 93.7%€30,666below the sector's middle half▲ 2.5%€5,577below the sector's middle half▼ 81.8%€61,816below the sector's middle half▲ 1,008%€96,479within the sector's middle half▲ 56.1%
Debt€9,813▼ 24.2%€5,282▼ 46.2%€3,570▼ 32.4%€33,196▲ 830%€36,290▲ 9.3%
Working capital€20,105within the sector's middle half▲ 701%€25,383within the sector's middle half▲ 26.3%€2,007below the sector's middle half▼ 92.1%€26,522within the sector's middle half▲ 1,222%€58,566within the sector's middle half▲ 121%
Solvency67.2%above the sector's middle half▲ 50.9pp82.8%above the sector's middle half▲ 15.6pp36.0%within the sector's middle half▼ 46.8pp46.3%within the sector's middle half▲ 10.3pp62.4%within the sector's middle half▲ 16.1pp
Current ratio3.05within the sector's middle half▲ 1.855.81above the sector's middle half▲ 2.761.56within the sector's middle half▼ 4.241.80within the sector's middle half▲ 0.242.61within the sector's middle half▲ 0.81
Return on assets (ROA)107.3%above the sector's middle half▲ 7.6pp17.2%within the sector's middle half▼ 90.1pp-419.2%below the sector's middle half▼ 436.4pp43.1%above the sector's middle half▲ 462.2pp32.7%above the sector's middle half▼ 10.3pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 73% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96,479
Fixed assets
€1,623 ▼ 22.6%
Current assets
€94,856 ▲ 58.8%
Equity and liabilities €96,479
Equity
€60,189 ▲ 110%
Debt
€36,290 ▲ 9.3%
Debt's share of the balance-sheet total falls from 53.7% to 37.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€49,188▲
2024 · €28,416
Cash flow
€32,044▲
2024 · €26,891
Debt to equity
0.60▼
2024 · 1.16
ROE
52.5%▼
2024 · 93.0%
Interest coverage
25.97▼
2024 · 74.08
Debt ≤ 1 year
€36,290▲
2024 · €33,196
Income taxes
€15,250▲
2024 · €1,142
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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 31,371 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €278 | €475 | ▲ 71.1% |
| Other operating charges640/8 | €1,209 | €731 | €624 | €655 | €761 | ▲ 16.1% |
| Gross operating margin9900 | €33,867 | €7,478 | -€21,536 | €29,071 | €49,949 | ▲ 71.8% |
| Operating profit (loss)9901 | €32,658 | €6,747 | -€22,160 | €28,138 | €48,713 | ▲ 73.1% |
| Financial income75/76B | - | €262 | €0 | €0 | €0 | ▲ 50.0% |
| Recurring financial income75 | - | €262 | €0 | €0 | €0 | ▲ 50.0% |
| Financial charges65/66B | €427 | €1,439 | €1,122 | €384 | €1,894 | ▲ 394% |
| Recurring financial charges65 | €427 | €1,439 | €1,122 | €384 | €1,894 | ▲ 394% |
| Profit (loss) for the period before taxes9903 | €32,231 | €5,569 | -€23,282 | €27,755 | €46,819 | ▲ 68.7% |
| Income taxes67/77 | €137 | €291 | €95 | €1,142 | €15,250 | ▲ 1,236% |
| Profit (loss) for the period9904 | €32,094 | €5,278 | -€23,377 | €26,613 | €31,569 | ▲ 18.6% |
| Profit (loss) for the period to be appropriated9905 | €32,094 | €5,278 | -€23,377 | €26,613 | €31,569 | ▲ 18.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €29,918 | €30,666 | €5,577 | €61,816 | €96,479 | ▲ 56.1% |
| Fixed assets21/28 | - | - | - | €2,098 | €1,623 | ▼ 22.6% |
| Tangible fixed assets22/27 | - | - | - | €2,098 | €1,623 | ▼ 22.6% |
| Plant, machinery and equipment23 | - | - | - | €2,098 | €1,623 | ▼ 22.6% |
| Current assets29/58 | €29,918 | €30,666 | €5,577 | €59,718 | €94,856 | ▲ 58.8% |
| Amounts receivable within one year40/41 | €9,336 | €15,643 | €2,614 | €30,321 | €7,497 | ▼ 75.3% |
| Trade receivables40 | - | €1,951 | €1,815 | €12,463 | €7,139 | ▼ 42.7% |
| Other amounts receivable41 | €9,336 | €13,692 | €799 | €17,858 | €358 | ▼ 98.0% |
| Cash at bank and in hand54/58 | €20,581 | €15,022 | €2,963 | €29,397 | €85,666 | ▲ 191% |
| Deferred charges and accrued income490/1 | - | - | - | - | €1,693 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €29,918 | €30,666 | €5,577 | €61,816 | €96,479 | ▲ 56.1% |
| Equity10/15 | €20,105 | €25,383 | €2,007 | €28,620 | €60,189 | ▲ 110% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | - | - | - | - | €31,569 | - |
| Distributable reserves133 | - | - | - | - | €31,569 | - |
| Profit (loss) carried forward14 | €105 | €5,383 | -€17,993 | €8,620 | €8,620 | = |
| Amounts payable17/49 | €9,813 | €5,282 | €3,570 | €33,196 | €36,290 | ▲ 9.3% |
| Amounts payable within one year42/48 | €9,813 | €5,282 | €3,570 | €33,196 | €36,290 | ▲ 9.3% |
| Trade debts44 | €3,752 | €856 | €943 | €3,022 | €1,742 | ▼ 42.4% |
| Suppliers440/4 | €3,752 | €856 | €943 | €3,022 | €1,742 | ▼ 42.4% |
| Taxes, remuneration and social security45 | €6,061 | €4,426 | €95 | €2,713 | €8,986 | ▲ 231% |
| Taxes450/3 | €6,061 | €4,426 | €95 | €2,713 | €8,986 | ▲ 231% |
| Other amounts payable47/48 | - | - | €2,532 | €27,461 | €25,562 | ▼ 6.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,094 | €5,278 | -€23,377 | €26,613 | €31,569 | ▲ 18.6% |
| + Depreciation and write-downs630 | - | - | - | €278 | €475 | ▲ 71.1% |
| Operating cash flow (approximation) | €32,094 | €5,278 | -€23,377 | €26,891 | €32,044 | ▲ 19.2% |
| Investment in fixed assets (approximation) | - | - | - | - | €0 | - |
| Change in cash | - | -€5,559 | -€12,059 | €26,434 | €56,269 | ▲ 113% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €26,613
Net result €26,613 after one loss-making year.
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€23,377
Net result drops to -€23,377, the lowest in the series; recovery starts the following year.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €32,094 ▲108%
Net result €32,094, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 3.05
Current ratio from 1.19 to 3.05; short-term debt falls from €12,938 to €9,813.
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €15,406
Net result €15,406 after 2 loss-making years.
31-12
Financial
Liquidity times 36current ratio 1.19
Current ratio from 0.03 to 1.19; short-term debt falls from €13,340 to €12,938.
Show earlier events
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has 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 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wommelgem · 1 establishment unit since 2006
Ground area
720 m²
Building footprint
132 m²
Parcel 11052A0049/00D003, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
L & D Design
since 20062.153.843.626
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052A0049/00D003 | Flanders | 720 m² | 1 · 132 m² | - |
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.
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,140. 7,540 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-02-2006
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0879468910
Also
9925:BE0879468910
Registered
29-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.