L & DB
ActiveSummary
L & DB has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123k and a net result of €25k. Equity is growing by ~22.8% per year across the filed fiscal years. Its solvency ranks better than 66% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▲+8
Solvency96▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 4.31 against 3.39 in 2024; short-term debt: 15.2% and cash: 43.2% of total assets), and 29.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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
70.9%
Return on assets
14.3%
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
42 d early
2023
62 d early
2022
67 d early
2021
32 d early
2020
2 d early
2019
31 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€123k▲ 25.3%
2024 · €98k
2018: €58k
2019: €4k▼ -92.8% vs 2018lowest in 8 years
2020: €50k▲ +1105% vs 2019
2021: €44k▼ -11.7% vs 2020
2022: €57k▲ +29.7% vs 2021
2023: €85k▲ +47.7% vs 2022
2024: €98k▲ +15.6% vs 2023
2025: €123k▲ +25.3% vs 2024highest in 8 years
2018 → 2025
Total assets
€173k▲ 8.7%
2024 · €159k
2018: €185khighest in 8 years
2019: €101k▼ -45.2% vs 2018lowest in 8 years
2020: €157k▲ +55.3% vs 2019
2021: €161k▲ +2.1% vs 2020
2022: €155k▼ -3.7% vs 2021
2023: €164k▲ +6.0% vs 2022
2024: €159k▼ -2.9% vs 2023
2025: €173k▲ +8.7% vs 2024
2018 → 2025
Net result
€25k▲ 88.2%
2024 · €13k
2018: €-38k
2019: €-54k▼ -39.9% vs 2018lowest in 8 years
2020: €56k▲ +204% vs 2019highest in 8 years
2021: €-6k▼ -110% vs 2020
2022: €13k▲ +325% vs 2021
2023: €27k▲ +108% vs 2022
2024: €13k▼ -51.8% vs 2023
2025: €25k▲ +88.2% vs 2024
2018 → 2025
Working capital
€87k▲ 42.2%
2024 · €61k
2018: €41k
2019: €-6k▼ -115% vs 2018lowest in 8 years
2020: €24k▲ +491% vs 2019
2021: €5k▼ -81.5% vs 2020
2022: €18k▲ +294% vs 2021
2023: €41k▲ +131% vs 2022
2024: €61k▲ +48.7% vs 2023
2025: €87k▲ +42.2% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€44k-€57k▲ 29.7%€85k▲ 47.7%€98k▲ 15.6%€123k▲ 25.3%
2021: €44klowest in 5 years
2022: €57k▲ +29.7% vs 2021
2023: €85k▲ +47.7% vs 2022
2024: €98k▲ +15.6% vs 2023
2025: €123k▲ +25.3% vs 2024highest in 5 years
Operating result€-2k-€19k€33k▲ 77.3%€21k▼ 36.6%€37k▲ 76.6%
2021: €-2klowest in 5 years
2022: €19k▲ +943% vs 2021
2023: €33k▲ +77.3% vs 2022
2024: €21k▼ -36.6% vs 2023
2025: €37k▲ +76.6% vs 2024highest in 5 years
Net result€-6k-€13k€27k▲ 108%€13k▼ 51.8%€25k▲ 88.2%
2021: €-6klowest in 5 years
2022: €13k▲ +325% vs 2021
2023: €27k▲ +108% vs 2022highest in 5 years
2024: €13k▼ -51.8% vs 2023
2025: €25k▲ +88.2% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 77% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €173k
Fixed assets
€60k ▼ 17.5%
Current assets
€113k ▲ 30.5%
Equity and liabilities €173k
Equity
€123k ▲ 25.3%
Debt
€50k ▼ 18.0%
Debt's share of the balance-sheet total falls from 38.5% to 29.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€55k▲
2024 · €43k
Cash flow
€43k▲
2024 · €36k
Current ratio
4.31▲
2024 · 3.39
Debt to equity
0.41▼
2024 · 0.63
ROE
20.2%▲
2024 · 13.5%
ROA
14.3%▲
2024 · 8.3%
Interest coverage
22.46▲
2024 · 14.77
Debt ≤ 1 year
€26k▲
2024 · €26k
Debt > 1 year
€24k▼
2024 · €36k
Income taxes
€10k▲
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€159k€173k▲
Fixed assets21/28€73k€60k▼
Tangible fixed assets22/27€73k€60k▼
Land and buildings22€54k€49k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€15k€9k▼
Financial fixed assets28€50€50=
Current assets29/58€87k€113k▲
Amounts receivable within one year40/41€19k€35k▲
Trade receivables40€0€14k▲
Other amounts receivable41€19k€22k▲
Cash at bank and in hand54/58€65k€75k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€159k€173k▲
Equity10/15€98k€123k▲
Contributions10/11€9k€9k=
Reserves13€89k€114k▲
Distributable reserves133€89k€114k▲
Amounts payable17/49€61k€50k▼
Amounts payable after more than one year17€36k€24k▼
Financial debts170/4€36k€24k▼
Amounts payable within one year42/48€26k€26k▲
Current portion of amounts payable after more than one year42€16k€12k▼
Trade debts44€954€1k▲
Suppliers440/4€954€1k▲
Taxes, remuneration and social security45€9k€14k▲
Taxes450/3€9k€14k▲
Other amounts payable47/48€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€18k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5k€0▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€51k€58k▲
Operating profit (loss)9901€21k€37k▲
Financial income75/76B€500€0▼
Recurring financial income75€500€0▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€19k€35k▲
Income taxes67/77€5k€10k▲
Profit (loss) for the period9904€13k€25k▲
Profit (loss) for the period to be appropriated9905€13k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€25k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€0-
Transfer to equity691/2€13k€25k▲
To other reserves6921€13k€25k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €20k | €21k | €22k | €18k | ▼ 19.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €5k | €0 | ▼ 100% |
| Other operating charges640/8 | €2k | €2k | €2k | €3k | €3k | ▲ 7.2% |
| Non-recurring operating charges66A | €294 | €0 | - | - | - | - |
| Gross operating margin9900 | €16k | €41k | €57k | €51k | €58k | ▲ 13.7% |
| Operating profit (loss)9901 | €-2k | €19k | €33k | €21k | €37k | ▲ 76.6% |
| Financial income75/76B | €626 | €0 | €140 | €500 | €0 | ▼ 100.0% |
| Recurring financial income75 | €626 | €0 | €140 | €500 | €0 | ▼ 100.0% |
| Financial charges65/66B | €4k | €4k | €3k | €3k | €2k | ▼ 16.7% |
| Recurring financial charges65 | €4k | €4k | €3k | €3k | €2k | ▼ 16.7% |
| Profit (loss) for the period before taxes9903 | €-6k | €15k | €30k | €19k | €35k | ▲ 86.6% |
| Income taxes67/77 | €50 | €1k | €2k | €5k | €10k | ▲ 82.7% |
| Profit (loss) for the period9904 | €-6k | €13k | €27k | €13k | €25k | ▲ 88.2% |
| Profit (loss) for the period to be appropriated9905 | €-6k | €13k | €27k | €13k | €25k | ▲ 88.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €161k | €155k | €164k | €159k | €173k | ▲ 8.7% |
| Fixed assets21/28 | €121k | €106k | €95k | €73k | €60k | ▼ 17.5% |
| Tangible fixed assets22/27 | €121k | €106k | €95k | €73k | €60k | ▼ 17.5% |
| Land and buildings22 | €71k | €66k | €60k | €54k | €49k | ▼ 8.5% |
| Plant, machinery and equipment23 | €10k | €11k | €9k | €4k | €2k | ▼ 44.6% |
| Furniture and vehicles24 | €40k | €29k | €27k | €15k | €9k | ▼ 42.4% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €40k | €49k | €69k | €87k | €113k | ▲ 30.5% |
| Amounts receivable within one year40/41 | €21k | €26k | €20k | €19k | €35k | ▲ 87.7% |
| Trade receivables40 | €16k | €18k | €18k | €0 | €14k | - |
| Other amounts receivable41 | €5k | €8k | €2k | €19k | €22k | ▲ 14.4% |
| Cash at bank and in hand54/58 | €16k | €20k | €47k | €65k | €75k | ▲ 15.0% |
| Deferred charges and accrued income490/1 | €3k | €3k | €3k | €3k | €3k | ▲ 8.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €161k | €155k | €164k | €159k | €173k | ▲ 8.7% |
| Equity10/15 | €44k | €57k | €85k | €98k | €123k | ▲ 25.3% |
| Contributions10/11 | €9k | €9k | €9k | €9k | €9k | = |
| Reserves13 | €41k | €54k | €76k | €89k | €114k | ▲ 28.0% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €39k | €52k | €76k | €89k | €114k | ▲ 28.0% |
| Profit (loss) carried forward14 | €-6k | €-6k | €0 | - | - | - |
| Amounts payable17/49 | €116k | €97k | €79k | €61k | €50k | ▼ 18.0% |
| Amounts payable after more than one year17 | €81k | €67k | €51k | €36k | €24k | ▼ 32.7% |
| Financial debts170/4 | €81k | €67k | €51k | €36k | €24k | ▼ 32.7% |
| Amounts payable within one year42/48 | €35k | €31k | €28k | €26k | €26k | ▲ 2.7% |
| Current portion of amounts payable after more than one year42 | €14k | €15k | €15k | €16k | €12k | ▼ 24.9% |
| Trade debts44 | €1k | €962 | €915 | €954 | €1k | ▲ 12.1% |
| Suppliers440/4 | €1k | €962 | €915 | €954 | €1k | ▲ 12.1% |
| Taxes, remuneration and social security45 | €10k | €9k | €9k | €9k | €14k | ▲ 49.2% |
| Taxes450/3 | €10k | €9k | €9k | €9k | €14k | ▲ 49.2% |
| Other amounts payable47/48 | €10k | €6k | €3k | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-6k | €13k | €27k | €13k | €25k | ▲ 88.2% |
| + Depreciation and write-downs630 | €15k | €20k | €21k | €22k | €18k | ▼ 19.9% |
| Operating cash flow (approximation) | €10k | €33k | €49k | €36k | €43k | ▲ 20.1% |
| Investment in fixed assets (approximation) | - | €-5k | €-10k | €0 | €-5k | - |
| Change in cash | - | €4k | €26k | €18k | €10k | ▼ 47.1% |
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
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100kEq €123k ▲25.3%
4 profitable years in a row build equity to €123k.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €56k
Net result €56k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.61
Current ratio from 0.72 to 1.61.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €-54k
Net result drops to €-54k, the lowest in the series; recovery starts the following year.
Show earlier events
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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 2006
Ground area
156 m²
Building footprint
82 m²
Volume, LiDAR
636 m³
Parcel 41302C1183/00P000, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
L & DB
since 20062.151.794.154
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41302C1183/00P000 | Flanders | 156 m² | 1 · 82 m² | 13.1 m · 3 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.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,858 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
Founded17-06-2005
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43990Other specialised construction activities
Contact
Phone
0475/33.14.00Aalst
Fax
053/80.96.92Aalst
Scores and ratios are computed by Checked and are not a credit decision.