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L.T.D.

Active
Private limited company (pre-2019)founded 199926 years activeRue des Etampes 6, 7000 Mons, BelgiumKBO/BCE: BE 0467.236.231

The file of L.T.D. contains 5 judicial reorganisation notices, as published in the Belgian State Gazette.

Summary

The computed 12-month bankruptcy probability is 22.2% (high). The 2025 annual accounts show negative equity (-€70,616) and a net result of €6,948. Equity is shrinking by ~53.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 9,546 sector peers (NACE 43, fiscal year 2025).

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
€120,545turnover 2025
Equity
-€70,616
Profit
€6,948
Financial health
11 Critical Checked score 2025
Bankruptcy probability, 12 months
22.2%
Structure
Accounts filed 61 days late0 of 4 deeds read
Why 11- Reorganisation plan being carried out (approved, Gazette 06-05-2026)- Latest accounts 61 days late; 3 of the last 3 late- 1 change of registered office in 24 months- Negative equity -€70,616Show the evidence

Checked score

Score 2025
11 / 100
Critical
Probability in this band: over 15.0%
Financially better than 17% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency 0=
equity -70.7% of total assets
Liquidity 6+1
short-term debt 156.7% · cash 5.0%
Profitability 57+57
return on assets 7.0%
Bankruptcy probability, 12 months
22.2% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,513 companies)
Last 24 months 11-2024: 3.9%lowest value 12-2024: 4.7%▲ +0.8 percentage points vs 11-2024 01-2025: 8.5%▲ +3.8 percentage points vs 12-2024 02-2025: 8.5%● unchanged vs 01-2025 03-2025: 8.6%▲ +0.1 percentage points vs 02-2025 04-2025: 7.8%▼ -0.8 percentage points vs 03-2025 05-2025: 7.8%● unchanged vs 04-2025 06-2025: 7.8%● unchanged vs 05-2025 07-2025: 7.8%● unchanged vs 06-2025 08-2025: 5.4%▼ -2.4 percentage points vs 07-2025 06-2026: ≥ 25% 07-2026: ≥ 25%● unchanged vs 06-2026highest value 08-2026: ≥ 25%● unchanged vs 07-2026 09-2026: ≥ 25%● unchanged vs 08-2026 10-2026: 22.2%▼ -11.8 percentage points vs 09-2026
No credit on open account
Liquidity short (current ratio 0.63 against 0.64 in 2024; short-term debt: 156.7% and cash: 5% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 3% on solvency, 5% on liquidity, 27% on profitability and 35% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
+raises risk○neutral
raises risk · Reorganisation plan being carried out (approved, Gazette 06-05-2026)
Belgian State Gazette
raises risk · Latest accounts 61 days late; 3 of the last 3 late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
raises risk · Negative equity -€70,616
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 9546 sector peers (2025).
NBB · sector comparison
Position among 9546 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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 · 9 filings
Deviation from the deadline
2025
61 days late
2024
65 days late
2023
356 days late
2022
193 days late
2021
31 days late
2020
87 days late
2019
33 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 118 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

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. Usually files around 4 October (4 of the last 5 filed years within 128 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Plan homologationTribunal de l’entreprise du Hainaut…
  3. ExtensionTribunal de l’entreprise du Hainaut…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€70,616 View
  • Caution: Among the weakest 5% on solvencysector median 44.2% · 9,546 companies -70.7% View
  • Caution: Latest accounts filed lateafter the legal deadline 61 days View
  • Caution: Turnover fell in 2025from €176,179 to €120,545 ▼ 31.6% View

By topic

Financials

Fiscal year
2025
Turnover
€120,545
Profit
€6,948
Solvency
-70.7%
Turnover▼ 31.6%
Net result
20182025
Go to Financials

Timeline

Events
18
Since
2018
Next accounts
by 31-07-2027
  1. 02-01-2026Extension
  2. 31-12-2025Back to profit
  3. 20-10-2025Extension
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Joinery installationNACE 43320
Founded
10-11-1999
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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