Equity
€22,060 from €77,349 in 2019
Equity fell by 71% in 6 years.
LADCO
Lifetime
11 annual accounts with figures on one time axispeak €88,275 (2019)
-€1,357▼ €44,555
lowest -€26,181 (2023)
-€13,622▼ €44,343
peak €77,349 (2019)
€22,060▼ 56.3%
€51,860▲ 94.3%
Board4 names since 2018
1 director
Documentsfilings and deeds
19-06-202642 days before the deadline
2025micro format
Gross margin from €43,197 to -€1,357Loss of €13,622Dividend €14,800Equity from €50,482 to €22,060Debts from €26,686 to €51,860Investments €40,768
Key points
from the 2025 annual accountsDebts
€51,860 70% of the balance sheet
Financial debts 34%Suppliers 9%Taxes and wages 8%Other 49%
Of this, €33,071 falls due within a year.
Investments
€41,154 3.9 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.74 was 2.90 in 2024
Short-term debts rose from €20,046 to €33,071.
Filings
11 annual accounts since 2015
Five of the last ten came late. The 2017 accounts came latest: 171 days after the end of the period.
Position in the sector
-€13,622
Lower net result than 88% of companies in construction of buildings. Sector median €8,508 · 10,137 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,294 companies had the same profile as LADCO has now. Each dot stands for 4 companies, two years later.
89.6%
were still trading
5.9%
stopped another way
4.1%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,294 companies, not a prediction for LADCO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Purpose change
“Toutes les activités liées directement ou indirectement à l'entreprise de construction, à l'entretien, à la…” (deed in Dutch) · General meeting of 18-12-2025 · Gazette deed
Registered office moved from Zaventem to Beauvechain
New registered office: B-1320 Beauvechain, Rue Jules Coisman (H-M) 3 · Previous registered office: B-1930 Zaventem, Leuvenssesteenweg 510 · Reappointment: (director) · General meeting of 18-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0631731702
Company renamed from FuseOut to LADCO
Registered office moved from Yvoir to Zaventem · New registered office: Leuvensesteenweg 510, 1930 Zaventem · Previous registered office: chemin d'Harnoy 21, 5530 Yvoir · General meeting of 11-08-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LADCO Beauvechain | €73,920 | -€1,357 | 29.8% | - |
| KORMAX Jodoigne | €65,243 | -€990 | 38.6% | - |
| BRIC & BOIS Brussels | €73,685 | -€7,827 | 98.0% | - |
| C & W CONSTRUCT Hulshout | €70,528 | -€25,336 | 47.5% | - |
| BMCD Sint-Genesius-Rode | €72,695 | -€9,775 | 18.7% | - |
| MDG Construct Geraardsbergen | €79,478 | -€15,349 | -35.9% | - |
| T.C.G. Mol | €84,272 | -€35,789 | 17.2% | - |
These companies have the same main activity as LADCO: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €65,200 and €84,300, founded between 2013 and 2016.
Official details
Source: KBO- Status
- Active since 22-05-2015Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 4 others
- Establishment unit
- 2.242.576.0581320 Beauvechain, since 22-05-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Annual accounts 2025
- €73,920▼ 4.2%
- Filing
- Filed on 19-06-2026, 42 days before the end of the filing period
Insights on LADCO
LADCO files the micro format. That format states no turnover. The gross margin rose from -€13,536 in 2015 to -€1,357 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LADCO
- What is the company number of LADCO?
- The company number of LADCO is 0631.731.702. The VAT number is the same number with BE in front: BE 0631.731.702.
- Where is LADCO based?
- The registered office is at Rue Jules Coisman,H.-M. 3, 1320 Beauvechain.Company details
- What does LADCO do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of LADCO?
- LADCO is a private limited company (BV).
- When was LADCO founded?
- LADCO was founded on 22-05-2015.
- Is LADCO still active?
- Yes, LADCO is an active enterprise in the KBO register.
- What is the turnover of LADCO?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is LADCO profitable?
- In financial year 2025, LADCO made a loss of €13,622.
- Where can I find the annual accounts of LADCO?
- LADCO filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LADCO due?
- LADCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.