L2Dev
ActiveSummary
The computed 12-month bankruptcy probability of L2Dev is 2.1% (moderate). The 2024 annual accounts show negative equity (-€438,811) and a net result of -€148,858. Its solvency ranks better than 5% of 4813 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth58
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.41 against 0.52 in 2023; short-term debt: 106.7% and cash: 1.3% of total assets), and equity is negative.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-62.9%
Return on assets
-21.3%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2324
2023 to 2024 · latest year -€438,811
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
70 d late
2023
119 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 95 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€148,858▲ 49.2%
2023 · -€292,953
Working capital
-€436,451▼ 40.4%
2023 · -€310,927
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20232024
Operating result-€274,321--€127,260▲ 53.6%
Net result-€292,953--€148,858▲ 49.2%
Equity-€289,953--€438,811▼ 51.3%
Total assets€740,699-€697,994▼ 5.8%
Debt€1.0m-€1.1m▲ 10.3%
Working capital-€310,927--€436,451▼ 40.4%
Staff (FTE)0.8-6.3▲ 688%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €127,260 in 2024 against €274,321 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €697,994
Fixed assets
€389,962 ▼ 2.6%
Current assets
€308,032 ▼ 9.4%
Key figures and ratios
EBITDA
-€116,654▲
2023 · -€252,064
Cash flow
-€138,253▲
2023 · -€270,696
Solvency
-62.9%▼
2023 · -39.1%
Current ratio
0.41▼
2023 · 0.52
Debt to equity
-2.59▲
2023 · -3.55
ROA
-21.3%▲
2023 · -39.6%
Interest coverage
-5.74▲
2023 · -13.53
Debt ≤ 1 year
€744,482▲
2023 · €651,058
Debt > 1 year
€391,493▲
2023 · €378,693
Income taxes
€1,281
Staff costs
€432,670▲
2023 · €372,302
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €372,302 | €432,670 | ▲ 16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,257 | €10,606 | ▼ 52.3% |
| Other operating charges640/8 | €7,269 | €31,320 | ▲ 331% |
| Gross operating margin9900 | €127,506 | €347,336 | ▲ 172% |
| Operating profit (loss)9901 | -€274,321 | -€127,260 | ▲ 53.6% |
| Financial income75/76B | €5 | €0 | ▼ 94.9% |
| Recurring financial income75 | €5 | €0 | ▼ 94.9% |
| Financial charges65/66B | €18,636 | €20,318 | ▲ 9.0% |
| Recurring financial charges65 | €18,636 | €20,318 | ▲ 9.0% |
| Profit (loss) for the period before taxes9903 | -€292,953 | -€147,577 | ▲ 49.6% |
| Income taxes67/77 | - | €1,281 | - |
| Profit (loss) for the period9904 | -€292,953 | -€148,858 | ▲ 49.2% |
| Profit (loss) for the period to be appropriated9905 | -€292,953 | -€148,858 | ▲ 49.2% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €740,699 | €697,994 | ▼ 5.8% |
| Fixed assets21/28 | €400,568 | €389,962 | ▼ 2.6% |
| Tangible fixed assets22/27 | €400,568 | €389,962 | ▼ 2.6% |
| Land and buildings22 | €400,568 | €389,962 | ▼ 2.6% |
| Current assets29/58 | €340,131 | €308,032 | ▼ 9.4% |
| Amounts receivable within one year40/41 | €329,311 | €203,244 | ▼ 38.3% |
| Trade receivables40 | €316,308 | €203,244 | ▼ 35.7% |
| Other amounts receivable41 | €13,003 | - | - |
| Cash at bank and in hand54/58 | €10,820 | €8,833 | ▼ 18.4% |
| Deferred charges and accrued income490/1 | - | €95,955 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €740,699 | €697,994 | ▼ 5.8% |
| Equity10/15 | -€289,953 | -€438,811 | ▼ 51.3% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€292,953 | -€441,811 | ▼ 50.8% |
| Amounts payable17/49 | €1.0m | €1.1m | ▲ 10.3% |
| Amounts payable after more than one year17 | €378,693 | €391,493 | ▲ 3.4% |
| Financial debts170/4 | €378,693 | €359,411 | ▼ 5.1% |
| Other amounts payable178/9 | - | €32,082 | - |
| Amounts payable within one year42/48 | €651,058 | €744,482 | ▲ 14.3% |
| Current portion of amounts payable after more than one year42 | €18,766 | €19,282 | ▲ 2.8% |
| Trade debts44 | €186,550 | €200,882 | ▲ 7.7% |
| Suppliers440/4 | €186,550 | €200,882 | ▲ 7.7% |
| Advances received on contracts in progress46 | €217,337 | €117,467 | ▼ 46.0% |
| Taxes, remuneration and social security45 | €200,905 | €368,516 | ▲ 83.4% |
| Taxes450/3 | €51,011 | €182,597 | ▲ 258% |
| Remuneration and social security454/9 | €149,895 | €185,920 | ▲ 24.0% |
| Other amounts payable47/48 | €27,500 | €38,335 | ▲ 39.4% |
| Accrued charges and deferred income492/3 | €900 | €830 | ▼ 7.8% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€292,953 | -€148,858 | ▲ 49.2% |
| + Depreciation and write-downs630 | €22,257 | €10,606 | ▼ 52.3% |
| Operating cash flow (approximation) | -€270,696 | -€138,253 | ▲ 48.9% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€1,987 | - |
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
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 70 days late
2024
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 119 days late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
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, Enghien · 2 establishment units since 2022
Ground area
1,902 m²
Building footprint
188 m²
Volume, LiDAR
1,053 m³
Parcel 55025D0893/00A000, Wallonia · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
2 establishment units
20STM Studio
since 20222.340.320.186
L2DEV
since 20242.361.769.559
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55025D0893/00A000 | Wallonia | 1,902 m² | 1 · 188 m² | 7.2 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.
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Of 9,143 companies in sector 68201 we hold annual accounts for 6,769. 723 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-03-2022
Fiscal year end31-12
Trade name FR
20STM Studio
Activities, NACEBEL 2025
59111Production of cinema films
68201Renting and operating of own or leased residential real estate, excluding social housing
58190Other publishing activities, excluding software publishing
59113Video and film production, excluding cinema and television films
59203Motion picture, video and television programme production, sound recording and music publishing activities
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.