L.D. SERVICE
ActiveL.D. SERVICE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €593k and a net result of €242k. Equity is growing by ~26.9% per year across the filed fiscal years. Its solvency ranks better than 67% of 1030 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+12
Solvency86▼-1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 2.3 against 2.42 in 2024; short-term debt: 39.4% and cash: 33.1% of total assets), and 39.4% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
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
60.6%
Return on assets
24.8%
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 08-05-2026, 84 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
84 d early
2024
31 d early
2023
61 d early
2022
60 d early
2021
40 d early
2020
19 d early
2019
59 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€593k▲ 23.4%
2024 · €481k
2018: €124k
2019: €127k
2020: €184k
2021: €246k
2022: €318k
2023: €439k
2024: €481k
2018 → 2025
Total assets
€979k▲ 26.0%
2024 · €777k
2018: €714k
2019: €690k
2020: €457k
2021: €527k
2022: €880k
2023: €934k
2024: €777k
2018 → 2025
Net result
€242k▲ 105%
2024 · €118k
2018: €159k
2019: €153k
2020: €181k
2021: €62k
2022: €177k
2023: €389k
2024: €118k
2018 → 2025
Working capital
€503k▲ 21.4%
2024 · €415k
2018: €68k
2019: €69k
2020: €95k
2021: €179k
2022: €234k
2023: €342k
2024: €415k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€246k-€318k▲ 29.3%€439k▲ 38.0%€481k▲ 9.5%€593k▲ 23.4%
Operating result€98k-€207k▲ 112%€456k▲ 121%€152k▼ 66.7%€298k▲ 96.0%
Net result€62k-€177k▲ 184%€389k▲ 119%€118k▼ 69.6%€242k▲ 105%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 96% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €979k
Fixed assets
€90k▲ 29.1%
Current assets
€889k▲ 25.6%
Equity and liabilities €979k
Equity
€593k▲ 23.4%
Debt
€386k▲ 30.1%
The debt ratio rises from 38.1% to 39.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€316k▲
2024 · €170k
Cash flow
€260k▲
2024 · €136k
Solvency
60.6%▼
2024 · 61.9%
Current ratio
2.30▼
2024 · 2.42
Quick ratio
1.67▼
2024 · 1.91
Debt / equity
0.65▲
2024 · 0.62
ROE
40.9%▲
2024 · 24.6%
ROA
24.8%▲
2024 · 15.2%
Interest coverage
66.81▼
2024 · 70.17
Debt
€386k▲
2024 · €296k
Debt ≤ 1 year
€386k▲
2024 · €293k
Debt > 1 year
€0▼
2024 · €3k
Income taxes
€54k▲
2024 · €36k
Staff costs
€496k▼
2024 · €497k
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€777k€979k▲
Fixed assets21/28€70k€90k▲
Intangible fixed assets21€5k€4k▼
Tangible fixed assets22/27€26k€43k▲
Plant, machinery and equipment23-€28k
Furniture and vehicles24€26k€15k▼
Financial fixed assets28€38k€43k▲
Current assets29/58€708k€889k▲
Amounts receivable after more than one year29€44k€24k▼
Other amounts receivable291€44k€24k▼
Stocks and contracts in progress3€149k€246k▲
Stocks30/36€17k€32k▲
Contracts in progress37€131k€214k▲
Amounts receivable within one year40/41€233k€289k▲
Trade receivables40€186k€232k▲
Other amounts receivable41€47k€57k▲
Cash at bank and in hand54/58€274k€324k▲
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€777k€979k▲
Equity10/15€481k€593k▲
Contributions10/11€20k€20k=
Reserves13€461k€573k▲
Tax-exempt reserves132€38k€38k=
Distributable reserves133€423k€536k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€296k€386k▲
Amounts payable after more than one year17€3k€0▼
Financial debts170/4€3k€0▼
Amounts payable within one year42/48€293k€386k▲
Current portion of amounts payable after more than one year42€10k€3k▼
Financial debts43€909€506▼
Credit institutions430/8€909€506▼
Trade debts44€184k€195k▲
Suppliers440/4€184k€195k▲
Taxes, remuneration and social security45€39k€57k▲
Taxes450/3€0€4k▲
Remuneration and social security454/9€39k€53k▲
Other amounts payable47/48€59k€130k▲
Income statement
Code20242025
Remuneration, social security and pensions62€497k€496k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€18k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€668k€814k▲
Operating profit (loss)9901€152k€298k▲
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€154k€296k▲
Income taxes67/77€36k€54k▲
Profit (loss) for the period9904€118k€242k▲
Profit (loss) for the period to be appropriated9905€118k€242k▲
Appropriation of the result
Profit (loss) to be appropriated9906€118k€242k▲
Transfer from equity791/2€26k€0▼
Transfer to equity691/2€68k€112k▲
To other reserves6921€68k€112k▲
Profit to be distributed694/7€76k€130k▲
Return on contributions (dividend)694€26k€0▼
Directors or managers695€50k€130k▲
Social balance
Average headcount (FTE)90870.06.0▲
The notes to these accounts (21 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
08-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €500kEq €593k ▲23.4%
8 profitable years in a row build equity to €593k.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €389k ▲119%
Operating result €456k, net result €389k, both a record.
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €62k ▼65.6%
Net result drops to €62k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200kEq €246k ▲34%
4 profitable years in a row build equity to €246k.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €150kEq €184k ▲44.4%
3 profitable years in a row build equity to €184k.
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
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
5 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, Zulte · 2 establishment units since 2001
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.
Meylegemstraat 49870 ZulteGround area
3,238 m²
Building footprint
443 m²
Volume, LiDAR
2,135 m³
2 parcels, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Meylegemstraat 4, 9870 Zulte
since 20012.101.413.047
L.D. SERVICE
since 20202.300.811.096
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44050B0319/00M000 | Flanders | 1,818 m² | 1 · 115 m² | 7.7 m · 2 fl. |
| 44081A0271/00P002 | Flanders | 1,420 m² | 1 · 327 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2024 · 1 entry · 34 EUR awarded · 34 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 34 EUR | 34 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
7 categoriesL.D. SERVICE BV30774
Dual-learning approval
4 live approvalsHoeknaadlasser duaal (so)
Lassen-constructie duaal (so)
Lasser-monteerder (vwo)
Lasser-monteerder duaal (so)
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J.C. TECHNIEK
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DE BOCK INDUSTRIEBOUW
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AGRISPACE
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Gesves · Eq €595k
Of 3,986 companies in sector 25110 we hold annual accounts for 2,147. 1,519 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-05-2001
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
25401Forging of metal
32990Other manufacturing not elsewhere classified
25530Machining of metals
43222Installation of electric heating, air conditioning, cooling and ventilation
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:info@ldservice.be
Phone:(09)338 53 35
Fax:(09)338 53 36