L'Ombre
ActiveL'Ombre has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €737k and a net result of €99k. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 45% of 1984 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
86
/ 100
Excellent▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▼-16
Solvency86▲+3
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 2.21 against 2.14 in 2024), but 57.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
42.2%
Return on assets
5.7%
Age of the figures
8 mo
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 · 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
27 d early
2023
14 d early
2022
7 d early
2021
13 d early
2020
31 d late
2019
62 d late
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€737k▲ 14.2%
2024 · €645k
2018: €295k
2019: €361k
2020: €382k
2021: €377k
2022: €466k
2023: €538k
2024: €645k
2018 → 2025
Total assets
€1.75M▲ 5.9%
2024 · €1.65M
2018: €1.53M
2019: €1.65M
2020: €1.48M
2021: €1.45M
2022: €1.62M
2023: €1.75M
2024: €1.65M
2018 → 2025
Net result
€99k▼ 7.3%
2024 · €107k
2018: €22k
2019: €66k
2020: €22k
2021: €56k
2022: €104k
2023: €100k
2024: €107k
2018 → 2025
Working capital
€334k▲ 16.4%
2024 · €287k
2018: €136k
2019: €194k
2020: €120k
2021: €119k
2022: €187k
2023: €182k
2024: €287k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€377k-€466k▲ 23.7%€538k▲ 15.4%€645k▲ 19.9%€737k▲ 14.2%
Operating result€99k-€149k▲ 50.8%€149k▼ 0.1%€166k▲ 11.3%€151k▼ 8.9%
Net result€56k-€104k▲ 86.9%€100k▼ 3.7%€107k▲ 6.5%€99k▼ 7.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.75M
Fixed assets
€1.14M▲ 2.4%
Current assets
€611k▲ 13.2%
Equity and liabilities €1.75M
Equity
€737k▲ 14.2%
Debt
€1.01M▲ 0.6%
The debt ratio falls from 60.9% to 57.8%: equity grows faster than debt.
Key figures and ratios
EBITDA
€276k▼
2024 · €279k
Cash flow
€225k▲
2024 · €220k
Solvency
42.2%▲
2024 · 39.1%
Current ratio
2.21▲
2024 · 2.14
Quick ratio
1.12▲
2024 · 1.03
Debt / equity
1.37▼
2024 · 1.56
ROE
13.5%▼
2024 · 16.6%
ROA
5.7%▼
2024 · 6.5%
Interest coverage
13.35▲
2024 · 12.04
Debt
€1.01M▲
2024 · €1.00M
Debt ≤ 1 year
€277k▲
2024 · €253k
Debt > 1 year
€732k▼
2024 · €751k
Income taxes
€32k▼
2024 · €36k
Staff costs
€476k▲
2024 · €332k
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€1.65M€1.75M▲
Fixed assets21/28€1.11M€1.14M▲
Tangible fixed assets22/27€1.11M€1.14M▲
Land and buildings22€843k€796k▼
Plant, machinery and equipment23€129k€197k▲
Furniture and vehicles24€79k€99k▲
Leasing and similar rights25€57k€43k▼
Current assets29/58€540k€611k▲
Stocks and contracts in progress3€279k€300k▲
Stocks30/36€279k€300k▲
Amounts receivable within one year40/41€166k€147k▼
Trade receivables40€160k€144k▼
Other amounts receivable41€7k€3k▼
Cash at bank and in hand54/58€88k€157k▲
Deferred charges and accrued income490/1€6k€7k▲
Equity and liabilities
Total equity and liabilities10/49€1.65M€1.75M▲
Equity10/15€645k€737k▲
Contributions10/11€169k€169k=
Reserves13€476k€568k▲
Distributable reserves133€476k€568k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.00M€1.01M▲
Amounts payable after more than one year17€751k€732k▼
Financial debts170/4€751k€732k▼
Amounts payable within one year42/48€253k€277k▲
Current portion of amounts payable after more than one year42€96k€114k▲
Financial debts43€60k€40k▼
Credit institutions430/8€60k€40k▼
Trade debts44€45k€25k▼
Suppliers440/4€45k€25k▼
Taxes, remuneration and social security45€40k€91k▲
Taxes450/3€10k€30k▲
Remuneration and social security454/9€30k€60k▲
Other amounts payable47/48€12k€7k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€332k€476k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€113k€125k▲
Other operating charges640/8€9k€13k▲
Gross operating margin9900€620k€765k▲
Operating profit (loss)9901€166k€151k▼
Financial income75/76B€269€458▲
Recurring financial income75€269€458▲
Financial charges65/66B€23k€21k▼
Recurring financial charges65€23k€21k▼
Profit (loss) for the period before taxes9903€143k€131k▼
Income taxes67/77€36k€32k▼
Profit (loss) for the period9904€107k€99k▼
Profit (loss) for the period to be appropriated9905€107k€99k▼
Appropriation of the result
Profit (loss) to be appropriated9906€107k€99k▼
Transfer to equity691/2€107k€92k▼
To other reserves6921€107k€92k▼
Profit to be distributed694/7€0€7k▲
Return on contributions (dividend)694€0-
Other beneficiaries697-€7k
Social balance
Average headcount (FTE)90875.36.7▲
The notes to these accounts (19 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
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €107k ▲6.5%
Operating result €166k, net result €107k, both a record.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €500kEq €538k ▲15.4%
6 profitable years in a row build equity to €538k.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €22k ▼67.5%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 62 days late
2019
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 17 days late
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, Pittem · 1 establishment unit since 2011
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.
Moortelmeers 38740 PittemGround area
2,707 m²
Building footprint
1,069 m²
Parcel 37011D1475/00A000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
L'Ombre
since 20112.205.470.291
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37011D1475/00A000 | Flanders | 2,707 m² | 1 · 1,069 m² | 0.1 m |
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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 19,125 EUR awarded · 19,125 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 9,815 EUR | 9,815 EUR |
| 2024 | 1 | 9,310 EUR | 9,310 EUR |
Schemes
Individueel Maatwerk
Similar companies · same sector, comparable size
VALCKE ALGEMENE ELECTRICITEIT
BE 0444.347.102
Wevelgem · Eq €737k
WEBE
BE 0832.080.153
Westerlo · Eq €736k
ELEKTROTECHNIEK DEKRI
BE 0808.751.356
Wetteren · Eq €739k
Electromontage
BE 0433.349.676
Saint-Ghislain · Eq €735k
Van Opstal Klimaat ~ Energie
BE 0860.353.871
Wuustwezel · Eq €735k
Of 22,728 companies in sector 43211 we hold annual accounts for 10,270. 5,493 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-12-2011
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
71112Activities of interior architects
82990Other business support services
16230Manufacture of other builders' carpentry and joinery
31004Manufacture of dining room, living room, bedroom and bathroom furniture
42220Construction of utility projects for electricity and telecommunications
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.