Equity
€22,561 ▼ 69.1%
L-E-D paid out €65,000 in dividends. That is 449% of the 2025 profit.
L-E-D
Lifetime
6 annual accounts with figures on one time axispeak €46,331 (2023)
€24,651▲ 29.0%
peak €29,714 (2023)
€14,476▲ 41.6%
peak €73,084 (2024)
€22,561▼ 69.1%
€71,014▲ 322%
Board1 name since 2020
1 director
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Gross margin from €19,112 to €24,651Result from €10,225 to €14,476Dividend €65,000Equity from €73,084 to €22,561Debts from €16,830 to €71,014Cash from €22,756 to €15,196
Key points
from the 2025 annual accountsTurnover
≈ €200,000 estimated
The micro format states no turnover.
Debts
€71,014 ▲ 322%
Debts rose by €54,184 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Liquidity
1.29 was 4.89 in 2024
Short-term debts rose from €16,830 to €71,014.
Filings
6 annual accounts 3 late
The 2025 accounts came latest: 25 days after the end of the period.
Starting capital
€1,000 10 shares
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,713 companies had the same profile as L-E-D has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,713 companies, not a prediction for L-E-D. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0745426489
Appointment: (director)
Gazette deed
Incorporation
Founding capital of €1,000, 10 shares · Founder: · Registered office clause: Ten Akkerdreef 121, 8500 Kortrijk · published on 18-03-2020 · Gazette deed
First establishment
Ten Akkerdreef 121, Kortrijk
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| L-E-D Kortrijk | €93,575 | €24,651 | 24.1% | - |
| DEDERIX Florent Welkenraedt | €94,442 | €24,718 | 36.8% | - |
| KLIMAT-LANAKEN Lanaken | €97,883 | €21,757 | 25.7% | - |
| Anton Claes Elektriciteitswerken Geel | €85,342 | €27,091 | 80.5% | - |
| Vincent ROBAYE Havelange | €101,369 | €26,224 | 28.3% | - |
| Tel ectriC Scherpenheuvel-Zichem | €104,491 | €24,250 | 74.4% | - |
| ELINO Elektriciteitswerken Antwerp | €100,539 | €28,555 | 23.0% | - |
These companies have the same main activity as L-E-D: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €85,300 and €104,000, founded in 2020.
Official details
Source: KBO- Status
- Active since 16-03-2020Normal situation
- Activity
- General electrical installation workNACE 43211and 2 others
- Establishment unit
- 2.319.701.6498500 Kortrijk, since 16-03-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 28-11-2025
Insights on L-E-D
L-E-D files the micro format. That format states no turnover. The gross margin rose from €2,482 in 2020 to €24,651 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about L-E-D
- What is the company number of L-E-D?
- The company number of L-E-D is 0745.426.489. The VAT number is the same number with BE in front: BE 0745.426.489.
- Where is L-E-D based?
- The registered office is at Ten Akkerdreef 121, 8500 Kortrijk.Company details
- What does L-E-D do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of L-E-D?
- L-E-D is a private limited company (BV).
- When was L-E-D founded?
- L-E-D was founded on 16-03-2020.
- Is L-E-D still active?
- Yes, L-E-D is an active enterprise in the KBO register.
- What is the turnover of L-E-D?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €24,651 and 97 comparable companies (NACE 43211). It probably lies between €130,000 and €430,000. It is a rough estimate.Financials
- Is L-E-D profitable?
- In financial year 2025, L-E-D made a profit of €14,476.
- Where can I find the annual accounts of L-E-D?
- L-E-D filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of L-E-D due?
- L-E-D must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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