L.N.D.
ActiveL.N.D. has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €209k and a net result of €34k. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 36% of 8969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
94
/ 100
Excellent▲ +54 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▲+80
Solvency78▲+16
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 1.78 against 1.28 in 2023), but 61.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
59 d late
2022
59 d late
2021
25 d late
2020
26 d early
2019
39 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€209k▲ 19.1%
2023 · €176k
2018: €53k
2019: €129k
2020: €138k
2021: €160k
2022: €207k
2023: €176k
2018 → 2024
Total assets
€543k▲ 7.6%
2023 · €505k
2018: €378k
2019: €516k
2020: €515k
2021: €548k
2022: €499k
2023: €505k
2018 → 2024
Net result
€34k
2023 · €-31k
2018: €-3k
2019: €80k
2020: €9k
2021: €22k
2022: €47k
2023: €-31k
2018 → 2024
Working capital
€57k▲ 260%
2023 · €16k
2018: €52k
2019: €181k
2020: €187k
2021: €206k
2022: €96k
2023: €16k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€138k-€160k▲ 16.3%€207k▲ 29.1%€176k▼ 15.2%€209k▲ 19.1%
Operating result€19k-€42k▲ 127%€83k▲ 96.8%€-21k€55k
Net result€9k-€22k▲ 164%€47k▲ 108%€-31k€34k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €55k after a loss of €21k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €543k
Fixed assets
€413k▼ 4.3%
Current assets
€130k▲ 78.6%
Equity and liabilities €543k
Equity
€209k▲ 19.1%
Provisions
€14k▼ 4.9%
Debt
€320k▲ 1.8%
The debt ratio falls from 62.3% to 58.9%: equity grows faster than debt.
Key figures and ratios
EBITDA
€78k▲
2023 · €1k
Cash flow
€57k▲
2023 · €-9k
Solvency
38.5%▲
2023 · 34.8%
Current ratio
1.78▲
2023 · 1.28
Quick ratio
1.78▲
2023 · 1.28
Debt / equity
1.53▼
2023 · 1.79
ROE
16.1%▲
2023 · -17.9%
ROA
6.2%▲
2023 · -6.2%
Interest coverage
8.46▲
2023 · 0.13
Debt
€320k▲
2023 · €314k
Debt ≤ 1 year
€73k▲
2023 · €57k
Debt > 1 year
€247k▼
2023 · €257k
Income taxes
€13k▲
2023 · €132
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€505k€543k▲
Fixed assets21/28€432k€413k▼
Tangible fixed assets22/27€394k€375k▼
Land and buildings22€391k€371k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€280-
Other tangible fixed assets26-€3k
Assets under construction and advance payments27€0-
Financial fixed assets28€38k€38k=
Current assets29/58€73k€130k▲
Amounts receivable within one year40/41€8k€43k▲
Trade receivables40€8k€42k▲
Other amounts receivable41-€1k
Cash at bank and in hand54/58€65k€87k▲
Equity and liabilities
Total equity and liabilities10/49€505k€543k▲
Equity10/15€176k€209k▲
Contributions10/11€20k€19k▼
Outside capital11€20k€19k▼
Other1109/19€20k€19k▼
Reserves13€145k€180k▲
Tax-exempt reserves132€59k€56k▼
Distributable reserves133€86k€125k▲
Profit (loss) carried forward14€10k€10k=
Provisions and deferred taxes16€15k€14k▼
Deferred taxes168€15k€14k▼
Amounts payable17/49€314k€320k▲
Amounts payable after more than one year17€257k€247k▼
Financial debts170/4€257k€247k▼
Amounts payable within one year42/48€57k€73k▲
Current portion of amounts payable after more than one year42€22k€10k▼
Trade debts44€3k€12k▲
Suppliers440/4€3k€12k▲
Advances received on contracts in progress46-€840
Taxes, remuneration and social security45€16k€18k▲
Taxes450/3€16k€18k▲
Other amounts payable47/48€16k€32k▲
Income statement
Code20232024
Non-recurring operating income76A€3k-
Goods, raw materials, services and sundry goods60/61€92k€65k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€23k▲
Other operating charges640/8€501€387▼
Gross operating margin9900€2k€78k▲
Operating profit (loss)9901€-21k€55k▲
Financial income75/76B-€43
Recurring financial income75-€43
Financial charges65/66B€11k€9k▼
Recurring financial charges65€11k€9k▼
Profit (loss) for the period before taxes9903€-32k€46k▲
Transfer from deferred taxes780€712€712=
Income taxes67/77€132€13k▲
Profit (loss) for the period9904€-31k€34k▲
Transfer from tax-exempt reserves789€3k€3k=
Profit (loss) for the period to be appropriated9905€-29k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€47k▲
Profit (loss) brought forward from the previous period14P€39k€10k▼
Transfer to equity691/2-€36k
To other reserves6921-€36k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
31-12
Financial
Equity above €200kEq €209k ▲19.1%
Equity rises from €176k to €209k.
28-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 59 days late
2023
31-12
Financial
Weakest financial yearnet €-31k ▼167%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial
Equity above €200kEq €207k ▲29.1%
4 profitable years in a row build equity to €207k.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Equity above €150kEq €160k ▲16.3%
3 profitable years in a row build equity to €160k.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €80k
Net result €80k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 6.02
Current ratio from 2.53 to 6.02.
31-12
Financial
Equity above €100kEq €129k ▲145%
Equity rises from €53k to €129k.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
08-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 39 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
16-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Ukkel · 1 establishment unit since 2004
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.
Sint-Jobsesteenweg 3591180 UkkelGround area
236 m²
Building footprint
141 m²
Volume, LiDAR
1,095 m³
Parcel 21614E0284/00R003, Brussels · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
L.N.D.
since 20042.138.038.465
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0284/00R003 | Brussels | 236 m² | 1 · 141 m² | 11.1 m · 3 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.
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Of 9,807 companies in sector 73110 we hold annual accounts for 3,724. 2,768 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-12-2001
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74401
68110Buying and selling of own real estate
70120
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.