L.V.B.
ActiveSummary
L.V.B. has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €206k and a net result of €29k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 50% of 1747 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▲+8
Solvency67▲+10
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.01 against 1.4 in 2024; short-term debt: 21.1% and cash: 1.9% of total assets), but 58.3% 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 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% 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
41.7%
Return on assets
5.8%
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
31 d early
2023
13 d early
2022
18 d early
2021
30 d late
2020
10 d early
2019
90 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, abbreviated schema
Equity
€206k▲ 16.3%
2024 · €177k
2018: €89k
2019: €90k▲ +1.3% vs 2018
2020: €89k▼ -1.3% vs 2019lowest in 8 years
2021: €218k▲ +146% vs 2020highest in 8 years
2022: €156k▼ -28.5% vs 2021
2023: €170k▲ +9.1% vs 2022
2024: €177k▲ +3.8% vs 2023
2025: €206k▲ +16.3% vs 2024
2018 → 2025
Total assets
€493k▼ 11.3%
2024 · €556k
2018: €492k
2019: €434k▼ -11.8% vs 2018
2020: €396k▼ -8.7% vs 2019lowest in 8 years
2021: €479k▲ +20.9% vs 2020
2022: €534k▲ +11.6% vs 2021
2023: €522k▼ -2.3% vs 2022
2024: €556k▲ +6.5% vs 2023highest in 8 years
2025: €493k▼ -11.3% vs 2024
2018 → 2025
Net result
€29k▲ 348%
2024 · €6k
2018: €8k
2019: €1k▼ -85.0% vs 2018
2020: €-1k▼ -204% vs 2019
2021: €129k▲ +10855% vs 2020highest in 8 years
2022: €-62k▼ -148% vs 2021lowest in 8 years
2023: €14k▲ +123% vs 2022
2024: €6k▼ -54.6% vs 2023
2025: €29k▲ +348% vs 2024
2018 → 2025
Working capital
€105k▲ 54.8%
2024 · €68k
2018: €7klowest in 8 years
2019: €37k▲ +421% vs 2018
2020: €32k▼ -13.4% vs 2019
2021: €197k▲ +520% vs 2020highest in 8 years
2022: €107k▼ -45.4% vs 2021
2023: €101k▼ -6.2% vs 2022
2024: €68k▼ -32.6% vs 2023
2025: €105k▲ +54.8% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€218k-€156k▼ 28.5%€170k▲ 9.1%€177k▲ 3.8%€206k▲ 16.3%
2021: €218khighest in 5 years
2022: €156k▼ -28.5% vs 2021lowest in 5 years
2023: €170k▲ +9.1% vs 2022
2024: €177k▲ +3.8% vs 2023
2025: €206k▲ +16.3% vs 2024
Operating result€180k-€-58k€20k€12k▼ 38.7%€36k▲ 198%
2021: €180khighest in 5 years
2022: €-58k▼ -132% vs 2021lowest in 5 years
2023: €20k▲ +134% vs 2022
2024: €12k▼ -38.7% vs 2023
2025: €36k▲ +198% vs 2024
Net result€129k-€-62k€14k€6k▼ 54.6%€29k▲ 348%
2021: €129khighest in 5 years
2022: €-62k▼ -148% vs 2021lowest in 5 years
2023: €14k▲ +123% vs 2022
2024: €6k▼ -54.6% vs 2023
2025: €29k▲ +348% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 198% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €493k
Fixed assets
€284k ▼ 11.3%
Current assets
€209k ▼ 11.4%
Equity and liabilities €493k
Equity
€206k ▲ 16.3%
Debt
€288k ▼ 24.2%
Debt's share of the balance-sheet total falls from 68.2% to 58.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€83k▲
2024 · €28k
Cash flow
€75k▲
2024 · €23k
Current ratio
2.01▲
2024 · 1.40
Quick ratio
0.54▲
2024 · 0.54
Debt to equity
1.40▼
2024 · 2.15
ROE
14.0%▲
2024 · 3.6%
ROA
5.8%▲
2024 · 1.2%
Interest coverage
18.22▲
2024 · 5.75
Debt ≤ 1 year
€104k▼
2024 · €168k
Debt > 1 year
€183k▼
2024 · €211k
Income taxes
€3k▲
2024 · €913
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€556k€493k▼
Fixed assets21/28€320k€284k▼
Intangible fixed assets21€1k€596▼
Tangible fixed assets22/27€319k€283k▼
Land and buildings22€162k€161k▼
Furniture and vehicles24€156k€122k▼
Financial fixed assets28€259€259=
Current assets29/58€236k€209k▼
Stocks and contracts in progress3€146k€153k▲
Stocks30/36€146k€153k▲
Amounts receivable within one year40/41€80k€45k▼
Trade receivables40€78k€45k▼
Other amounts receivable41€2k€309▼
Cash at bank and in hand54/58€10k€9k▼
Deferred charges and accrued income490/1€450€2k▲
Equity and liabilities
Total equity and liabilities10/49€556k€493k▼
Equity10/15€177k€206k▲
Contributions10/11€20k€20k=
Reserves13€156k€185k▲
Tax-exempt reserves132€25k€25k=
Distributable reserves133€131k€160k▲
Amounts payable17/49€379k€288k▼
Amounts payable after more than one year17€211k€183k▼
Financial debts170/4€129k€98k▼
Other amounts payable178/9€82k€85k▲
Amounts payable within one year42/48€168k€104k▼
Current portion of amounts payable after more than one year42€37k€31k▼
Trade debts44€130k€63k▼
Suppliers440/4€130k€63k▼
Taxes, remuneration and social security45€1k€10k▲
Taxes450/3€1k€10k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€46k▲
Other operating charges640/8€17k€17k▼
Gross operating margin9900€45k€99k▲
Operating profit (loss)9901€12k€36k▲
Financial income75/76B€39€44▲
Recurring financial income75€39€44▲
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€7k€32k▲
Income taxes67/77€913€3k▲
Profit (loss) for the period9904€6k€29k▲
Profit (loss) for the period to be appropriated9905€6k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€29k▲
Profit (loss) brought forward from the previous period14P€14k-
Transfer to equity691/2€21k€29k▲
To other reserves6921€21k€29k▲
The notes to these accounts (12 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €236k | €14k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €38k | €37k | €18k | €16k | €46k | ▲ 186% |
| Other operating charges640/8 | €12k | €9k | €11k | €17k | €17k | ▼ 0.7% |
| Gross operating margin9900 | €229k | €-12k | €49k | €45k | €99k | ▲ 120% |
| Operating profit (loss)9901 | €180k | €-58k | €20k | €12k | €36k | ▲ 198% |
| Financial income75/76B | €7 | €0 | €0 | €39 | €44 | ▲ 10.3% |
| Recurring financial income75 | €7 | €0 | €0 | €39 | €44 | ▲ 10.3% |
| Financial charges65/66B | €5k | €5k | €6k | €5k | €5k | ▼ 8.1% |
| Recurring financial charges65 | €5k | €5k | €6k | €5k | €5k | ▼ 8.1% |
| Profit (loss) for the period before taxes9903 | €175k | €-63k | €14k | €7k | €32k | ▲ 335% |
| Transfer from deferred taxes780 | €850 | €850 | - | - | - | - |
| Income taxes67/77 | €47k | €265 | €174 | €913 | €3k | ▲ 245% |
| Profit (loss) for the period9904 | €129k | €-62k | €14k | €6k | €29k | ▲ 348% |
| Transfer from tax-exempt reserves789 | €2k | €2k | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €131k | €-61k | €14k | €6k | €29k | ▲ 348% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €479k | €534k | €522k | €556k | €493k | ▼ 11.3% |
| Fixed assets21/28 | €180k | €287k | €294k | €320k | €284k | ▼ 11.3% |
| Intangible fixed assets21 | €5k | €3k | €2k | €1k | €596 | ▼ 52.2% |
| Tangible fixed assets22/27 | €175k | €283k | €292k | €319k | €283k | ▼ 11.1% |
| Land and buildings22 | €124k | €125k | €137k | €162k | €161k | ▼ 0.7% |
| Plant, machinery and equipment23 | €350 | - | - | - | - | - |
| Furniture and vehicles24 | €50k | €158k | €155k | €156k | €122k | ▼ 22.0% |
| Financial fixed assets28 | €259 | €259 | €259 | €259 | €259 | = |
| Current assets29/58 | €298k | €248k | €228k | €236k | €209k | ▼ 11.4% |
| Stocks and contracts in progress3 | €171k | €190k | €113k | €146k | €153k | ▲ 4.9% |
| Stocks30/36 | €171k | €190k | €113k | €146k | €153k | ▲ 4.9% |
| Amounts receivable within one year40/41 | €87k | €41k | €87k | €80k | €45k | ▼ 43.7% |
| Trade receivables40 | €81k | €33k | €87k | €78k | €45k | ▼ 42.6% |
| Other amounts receivable41 | €5k | €8k | €309 | €2k | €309 | ▼ 84.6% |
| Cash at bank and in hand54/58 | €40k | €16k | €27k | €10k | €9k | ▼ 5.5% |
| Deferred charges and accrued income490/1 | €946 | €510 | €450 | €450 | €2k | ▲ 320% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €479k | €534k | €522k | €556k | €493k | ▼ 11.3% |
| Equity10/15 | €218k | €156k | €170k | €177k | €206k | ▲ 16.3% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Reserves13 | €67k | €65k | €136k | €156k | €185k | ▲ 18.4% |
| Tax-exempt reserves132 | €27k | €25k | €25k | €25k | €25k | = |
| Distributable reserves133 | €40k | €40k | €111k | €131k | €160k | ▲ 22.0% |
| Profit (loss) carried forward14 | €131k | €71k | €14k | - | - | - |
| Provisions and deferred taxes16 | €850 | - | - | - | - | - |
| Deferred taxes168 | €850 | - | - | - | - | - |
| Amounts payable17/49 | €260k | €378k | €352k | €379k | €288k | ▼ 24.2% |
| Amounts payable after more than one year17 | €158k | €238k | €224k | €211k | €183k | ▼ 13.2% |
| Financial debts170/4 | €119k | €203k | €166k | €129k | €98k | ▼ 23.8% |
| Other amounts payable178/9 | €39k | €35k | €58k | €82k | €85k | ▲ 3.7% |
| Amounts payable within one year42/48 | €102k | €140k | €128k | €168k | €104k | ▼ 38.1% |
| Current portion of amounts payable after more than one year42 | €30k | €36k | €36k | €37k | €31k | ▼ 16.6% |
| Trade debts44 | €25k | €57k | €84k | €130k | €63k | ▼ 51.5% |
| Suppliers440/4 | €25k | €57k | €84k | €130k | €63k | ▼ 51.5% |
| Taxes, remuneration and social security45 | €47k | €47k | €7k | €1k | €10k | ▲ 765% |
| Taxes450/3 | €47k | €47k | €7k | €1k | €10k | ▲ 765% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €129k | €-62k | €14k | €6k | €29k | ▲ 348% |
| + Depreciation and write-downs630 | €38k | €37k | €18k | €16k | €46k | ▲ 186% |
| Operating cash flow (approximation) | €167k | €-25k | €32k | €23k | €75k | ▲ 233% |
| Investment in fixed assets (approximation) | - | €-143k | €-25k | €-42k | €-10k | ▲ 76.5% |
| Change in cash | - | €-24k | €11k | €-17k | €-549 | ▲ 96.8% |
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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €200kEq €206k ▲16.3%
3 profitable years in a row build equity to €206k.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-62k
Net result drops to €-62k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €129k
Net result €129k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.93
Current ratio from 1.34 to 2.93.
31-12
Financial
Equity above €200kEq €218k ▲146%
Equity rises from €89k to €218k.
21-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Zoutleeuw · 1 establishment unit since 2005
Ground area
1,493 m²
Building footprint
311 m²
Volume, LiDAR
2,034 m³
Parcel 24036A0143/00G000, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
L.V.B.
since 20052.147.905.147
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24036A0143/00G000 | Flanders | 1,493 m² | 1 · 311 m² | 11.8 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 3,000 EUR awarded · 3,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 3,000 EUR | 3,000 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteZoutleeuw2.147.905.147
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Of 20,587 companies in sector 01500 we hold annual accounts for 1,149. 937 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
Founded28-06-2005
Fiscal year end31-12
Activities, NACEBEL 2025
01500Mixed farming
46231Wholesale of live animals
46240Wholesale trade
46321Wholesale of meat and meat products, excluding game and poultry
49410Freight transport by road
Scores and ratios are computed by Checked and are not a credit decision.