LADECAL
ActiveLADECAL has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €544k and a net result of €201k. Equity is growing by ~20.2% per year across the filed fiscal years. Its solvency ranks better than 25% of 16377 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
91
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency57▼-9
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.88 in 2024), but 71.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
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
28.9%
Return on assets
10.7%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 16377 sector peers (2025).
NBB · sector comparisonPosition among 16377 sector peers
Solvency
better than 25%
← 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 31-08-2026, 31 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 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
61 d late
2022
31 d late
2021
31 d late
2020
89 d late
2019
on the day
← before the deadline
after the deadline →
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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€544k▲ 41.8%
2024 · €384k
2018: €99k
2019: €146k
2020: €196k
2021: €225k
2022: €242k
2023: €261k
2024: €384k
2018 → 2025
Total assets
€1.88M▲ 45.4%
2024 · €1.29M
2018: €231k
2019: €245k
2020: €644k
2021: €585k
2022: €1.13M
2023: €1.21M
2024: €1.29M
2018 → 2025
Net result
€201k▲ 64.6%
2024 · €122k
2018: €41k
2019: €47k
2020: €44k
2021: €35k
2022: €22k
2023: €64k
2024: €122k
2018 → 2025
Working capital
€337k▲ 113%
2024 · €158k
2018: €-74k
2019: €-106
2020: €-14k
2021: €-59k
2022: €208k
2023: €70k
2024: €158k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€225k-€242k▲ 7.7%€261k▲ 8.1%€384k▲ 46.7%€544k▲ 41.8%
Operating result€58k-€33k▼ 44.0%€113k▲ 247%€207k▲ 82.3%€344k▲ 66.2%
Net result€35k-€22k▼ 36.3%€64k▲ 187%€122k▲ 91.3%€201k▲ 64.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 66% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.88M
Fixed assets
€919k▼ 3.7%
Current assets
€960k▲ 184%
Equity and liabilities €1.88M
Equity
€544k▲ 41.8%
Debt
€1.34M▲ 47.0%
The debt ratio rises from 70.3% to 71.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€435k▲
2024 · €295k
Cash flow
€292k▲
2024 · €210k
Solvency
28.9%▼
2024 · 29.7%
Current ratio
1.54▼
2024 · 1.88
Quick ratio
1.54▼
2024 · 1.88
Debt / equity
2.46▲
2024 · 2.37
ROE
37.0%▲
2024 · 31.8%
ROA
10.7%▲
2024 · 9.5%
Interest coverage
12.47▲
2024 · 10.36
Debt
€1.34M▲
2024 · €908k
Debt ≤ 1 year
€623k▲
2024 · €180k
Debt > 1 year
€683k▼
2024 · €727k
Income taxes
€117k▲
2024 · €58k
Staff costs
€44k▲
2024 · €40k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.29M€1.88M▲
Fixed assets21/28€954k€919k▼
Intangible fixed assets21€40k€20k▼
Tangible fixed assets22/27€914k€899k▼
Land and buildings22€819k€776k▼
Plant, machinery and equipment23€88k€91k▲
Furniture and vehicles24€7k€32k▲
Current assets29/58€338k€960k▲
Amounts receivable within one year40/41€17k-
Trade receivables40€929-
Other amounts receivable41€16k-
Current investments50/53-€880k
Cash at bank and in hand54/58€320k€70k▼
Deferred charges and accrued income490/1€1k€10k▲
Equity and liabilities
Total equity and liabilities10/49€1.29M€1.88M▲
Equity10/15€384k€544k▲
Contributions10/11€19k€19k=
Reserves13€363k€525k▲
Distributable reserves133€363k€525k▲
Profit (loss) carried forward14€2k-
Amounts payable17/49€908k€1.34M▲
Amounts payable after more than one year17€727k€683k▼
Financial debts170/4€727k€683k▼
Amounts payable within one year42/48€180k€623k▲
Current portion of amounts payable after more than one year42€43k€44k▲
Trade debts44€15k€11k▼
Suppliers440/4€15k€11k▼
Taxes, remuneration and social security45€12k€75k▲
Taxes450/3€10k€72k▲
Remuneration and social security454/9€2k€4k▲
Other amounts payable47/48€110k€493k▲
Accrued charges and deferred income492/3€1k€29k▲
Income statement
Code20242025
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€40k€44k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88k€91k▲
Other operating charges640/8€5k€4k▼
Gross operating margin9900€340k€483k▲
Operating profit (loss)9901€207k€344k▲
Financial income75/76B€2k€10k▲
Recurring financial income75€2k€10k▲
Financial charges65/66B€28k€35k▲
Recurring financial charges65€28k€35k▲
Profit (loss) for the period before taxes9903€180k€318k▲
Income taxes67/77€58k€117k▲
Profit (loss) for the period9904€122k€201k▲
Profit (loss) for the period to be appropriated9905€122k€201k▲
Appropriation of the result
Profit (loss) to be appropriated9906€124k€203k▲
Profit (loss) brought forward from the previous period14P€2k€2k▲
Transfer from equity791/2-€41k
Transfer to equity691/2€122k€203k▲
To other reserves6921€122k€203k▲
Profit to be distributed694/7-€41k
Return on contributions (dividend)694-€41k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €201k ▲64.6%
Operating result €344k, net result €201k, both a record.
31-12
Financial
Equity above €500kEq €544k ▲41.8%
8 profitable years in a row build equity to €544k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €22k ▼36.3%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 8current ratio 3.68
Current ratio from 0.46 to 3.68; short-term debt falls from €110k to €78k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €200kEq €225k ▲14.8%
4 profitable years in a row build equity to €225k.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Equity above €150kEq €196k ▲34%
3 profitable years in a row build equity to €196k.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €146k ▲46.9%
2 profitable years in a row build equity to €146k.
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 50 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Koksijde · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Dorpsstraat(Odk) 108670 KoksijdeGround area
715 m²
Building footprint
264 m²
Volume, LiDAR
1,764 m³
Parcel 38018B0060/00A000, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Dorpsstraat(Odk) 10, 8670 Koksijde
since 20172.264.491.427
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38018B0060/00A000 | Flanders | 715 m² | 1 · 264 m² | 11.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 6,925 companies in sector 86230 we hold annual accounts for 4,282. 3,403 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-02-2017
Fiscal year end31-12
Activities, NACEBEL
86230Dental practice
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.