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LADDéA GROUP

Active
Private limited companyfounded 20206 yrs activeKBO/BCE: BE 0746.663.042
Summary

The computed 12-month bankruptcy probability of LADDéA GROUP is 7.4% (elevated). The 2025 annual accounts show equity of €93,268 and a net result of -€6,014. Equity is growing by ~17.5% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2025
Axes · tick = 2024
Profitability24▼-70
Solvency87▼-1
Growth52=
Track record92
Bankruptcy probability, 12 months
7.4% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days only on tighter terms
Liquidity ample (current ratio 2.23 against 2.22 in 2024; short-term debt: 37.7% and cash: 2.5% of total assets), and 37.7% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
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 2025
Solvency, return and age of the figures
Solvency
62.3%
Return on assets
-4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 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 · 5 filings
Deviation from the deadline
2025
49 d late
2024
163 d late
2023
37 d late
2022
59 d late
2021
246 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 111 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
Checked, nothing found (1)
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 28 September (4 of the last 5 filed years within 104 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline

History

On 4 May 2020, LADDéA GROUP was incorporated as a Private limited company.1 Total assets went from EUR 98,693 in 2021 to EUR 149,756 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€93,268▼ 6.1%
2024 · €99,282
Total assets
€149,756▼ 4.5%
2024 · €156,833
Net result
-€6,014
2024 · €31,955
Working capital
€69,714▼ 0.6%
2024 · €70,164
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
Line20212022202320242025
Operating result€63,182-€49,364▼ 21.9%€13,547▼ 72.6%€53,822▲ 297%€21,165▼ 60.7%
Net result€48,296-€26,924▼ 44.3%€9,972▼ 63.0%€31,955▲ 220%-€6,014
Equity€49,296-€57,356▲ 16.4%€67,328▲ 17.4%€99,282▲ 47.5%€93,268▼ 6.1%
Total assets€98,693-€112,761▲ 14.3%€133,875▲ 18.7%€156,833▲ 17.1%€149,756▼ 4.5%
Debt€49,397-€55,404▲ 12.2%€66,547▲ 20.1%€57,551▼ 13.5%€56,488▼ 1.8%
Working capital€10,222-€29,904▲ 193%€32,688▲ 9.3%€70,164▲ 115%€69,714▼ 0.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000Operating result 2021: €63,182€63,182Net result 2021: €48,296€48,296Operating result 2022: €49,364€49,364Net result 2022: €26,924€26,924Operating result 2023: €13,547€13,547Net result 2023: €9,972€9,972Operating result 2024: €53,822€53,822Net result 2024: €31,955€31,955Operating result 2025: €21,165€21,165Net result 2025: -€6,014-€6,01420212022202320242025-€20,000€0€20,000€40,000€60,000Operating result 2023: €13,547€13,500Net result 2023: €9,972€9,970Operating result 2024: €53,822€53,800Net result 2024: €31,955€32,000Operating result 2025: €21,165€21,200Net result 2025: -€6,014-€6,010202320242025
The operating result falls in 2025; 2025 is 61% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €149,756
Fixed assets €23,554 ▼ 19.1%
Current assets €126,202 ▼ 1.2%
Equity and liabilities €149,756
Equity €93,268 ▼ 6.1%
Debt €56,488 ▼ 1.8%
Debt's share of the balance-sheet total rises from 36.7% to 37.7%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€30,660▼
2024 · €63,083
Cash flow
€3,481▼
2024 · €41,216
Current ratio
2.23▲
2024 · 2.22
Debt to equity
0.61▲
2024 · 0.58
ROE
-6.4%▼
2024 · 32.2%
ROA
-4.0%▼
2024 · 20.4%
Interest coverage
1.22▼
2024 · 10.98
Debt ≤ 1 year
€56,488▼
2024 · €57,551
Income taxes
€5,226▼
2024 · €17,813
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,441 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
2.3% went bankrupt
7.5% stopped otherwise
90% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 7.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,441 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€156,833€149,756▼
Fixed assets21/28€29,118€23,554▼
Tangible fixed assets22/27€29,118€23,554▼
Plant, machinery and equipment23€1,818€4,807▲
Furniture and vehicles24€27,300€18,747▼
Current assets29/58€127,715€126,202▼
Amounts receivable within one year40/41€105,594€122,367▲
Trade receivables40€95,118€24,215▼
Other amounts receivable41€10,476€98,153▲
Cash at bank and in hand54/58€22,050€3,789▼
Deferred charges and accrued income490/1€71€45▼
Equity and liabilities
Total equity and liabilities10/49€156,833€149,756▼
Equity10/15€99,282€93,268▼
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€98,282€92,268▼
Amounts payable17/49€57,551€56,488▼
Amounts payable within one year42/48€57,551€56,488▼
Current portion of amounts payable after more than one year42€10,997€22,289▲
Financial debts43-€4,011
Credit institutions430/8-€4,011
Trade debts44€13,086€6,668▼
Suppliers440/4€13,086€6,668▼
Taxes, remuneration and social security45€33,468€23,519▼
Taxes450/3€33,468€23,519▼
Other amounts payable47/48€0-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,261€9,495▲
Other operating charges640/8€0€714▲
Gross operating margin9900€63,083€31,373▼
Operating profit (loss)9901€53,822€21,165▼
Financial income75/76B€1,692€3,120▲
Recurring financial income75€1,692€3,120▲
Financial charges65/66B€5,746€25,073▲
Recurring financial charges65€5,746€25,073▲
Profit (loss) for the period before taxes9903€49,767-€788▼
Income taxes67/77€17,813€5,226▼
Profit (loss) for the period9904€31,955-€6,014▼
Profit (loss) for the period to be appropriated9905€31,955-€6,014▼
Appropriation of the result
Profit (loss) to be appropriated9906€98,282€92,268▼
Profit (loss) brought forward from the previous period14P€66,328€98,282▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,114€13,698€6,414€9,261€9,495▲ 2.5%
Other operating charges640/8€1,013€49,724€12,429€0€714-
Non-recurring operating charges66A-€311----
Gross operating margin9900€66,310€113,097€32,390€63,083€31,373▼ 50.3%
Operating profit (loss)9901€63,182€49,364€13,547€53,822€21,165▼ 60.7%
Financial income75/76B€0€0€3,451€1,692€3,120▲ 84.5%
Recurring financial income75€0€0€3,451€1,692€3,120▲ 84.5%
Financial charges65/66B€997€1,066€971€5,746€25,073▲ 336%
Recurring financial charges65€997€1,066€971€5,746€25,073▲ 336%
Profit (loss) for the period before taxes9903€62,185€48,299€16,027€49,767-€788▼ 102%
Income taxes67/77€13,889€21,375€6,055€17,813€5,226▼ 70.7%
Profit (loss) for the period9904€48,296€26,924€9,972€31,955-€6,014▼ 119%
Profit (loss) for the period to be appropriated9905€48,296€26,924€9,972€31,955-€6,014▼ 119%
Line20212022202320242025Change
Assets
Total assets20/58€98,693€112,761€133,875€156,833€149,756▼ 4.5%
Fixed assets21/28€39,074€27,875€34,639€29,118€23,554▼ 19.1%
Tangible fixed assets22/27€39,074€27,875€34,639€29,118€23,554▼ 19.1%
Plant, machinery and equipment23---€1,818€4,807▲ 164%
Furniture and vehicles24€39,074€27,875€34,639€27,300€18,747▼ 31.3%
Current assets29/58€59,619€84,885€99,235€127,715€126,202▼ 1.2%
Amounts receivable within one year40/41€41,776€67,512€86,738€105,594€122,367▲ 15.9%
Trade receivables40€41,776€67,512€86,738€95,118€24,215▼ 74.5%
Other amounts receivable41---€10,476€98,153▲ 837%
Cash at bank and in hand54/58€16,788€17,112€12,227€22,050€3,789▼ 82.8%
Deferred charges and accrued income490/1€1,055€260€271€71€45▼ 36.7%
Equity and liabilities
Total equity and liabilities10/49€98,693€112,761€133,875€156,833€149,756▼ 4.5%
Equity10/15€49,296€57,356€67,328€99,282€93,268▼ 6.1%
Contributions10/11€1,000€1,000€1,000€1,000€1,000=
Profit (loss) carried forward14€48,296€56,356€66,328€98,282€92,268▼ 6.1%
Amounts payable17/49€49,397€55,404€66,547€57,551€56,488▼ 1.8%
Amounts payable within one year42/48€49,397€54,981€66,547€57,551€56,488▼ 1.8%
Current portion of amounts payable after more than one year42---€10,997€22,289▲ 103%
Financial debts43----€4,011-
Credit institutions430/8----€4,011-
Trade debts44€35,509€4,058€5,174€13,086€6,668▼ 49.0%
Suppliers440/4€35,509€4,058€5,174€13,086€6,668▼ 49.0%
Taxes, remuneration and social security45€13,889€40,923€53,930€33,468€23,519▼ 29.7%
Taxes450/3€13,889€40,923€53,930€33,468€23,519▼ 29.7%
Other amounts payable47/48-€10,000€7,443€0--
Accrued charges and deferred income492/3-€424----
Line20212022202320242025Change
Profit (loss) for the period9904€48,296€26,924€9,972€31,955-€6,014▼ 119%
+ Depreciation and write-downs630€2,114€13,698€6,414€9,261€9,495▲ 2.5%
Operating cash flow (approximation)€50,411€40,622€16,385€41,216€3,481▼ 91.6%
Investment in fixed assets (approximation)--€2,499-€13,177-€3,739-€3,931▼ 5.1%
Change in cash-€324-€4,886€9,823-€18,261▼ 286%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 49 days late
10-08
KBO administration Address struck
10-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 163 days late
2025
31-12
Financial Weakest financial yearnet -€6,014
Net result drops to -€6,014, the lowest in the series.
2024
06-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 37 days late
2023
28-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
03-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 246 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Genesius-Rode · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
1,837 m²
Building footprint
295 m²
Volume, LiDAR
1,857 m³
2 parcels, Flanders, Wallonia · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Laddéa Group
Rue du Roussart 15, 1410 WaterlooAgents in the wholesale of textiles, clothing, fur, footwear and leather goods
since 20202.304.586.772
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
22552G0002/00E030 Flanders 1,680 m² 1 · 135 m² 10.5 m · 3 fl.
25763M0195/00_000 Wallonia 157 m² 1 · 160 m² 9.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded04-05-2020
Fiscal year end31-12
Contact
E-mail Laddeagroup@gmail.comWaterloo
E-invoicing
Reachable via Peppol
Peppol ID 0208:0746663042
Registered 26-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.