Skip to content

LADG

Active
Private limited companyfounded 2024active for 2 yearsHundelgemsesteenweg 50, 9050 Gent, BelgiumKBO/BCE: BE 1009.709.721
Summary

LADG has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €59,603 and a net result of €59,453. Its solvency ranks better than 55% of 37,586 sector peers (NACE 70, financial year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2024, micro format

2024 annual accounts filed late (60 days) Filed on 29 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00511842.

Equity
€59,603
Total assets
€95,091
Net result
€59,453
Working capital
€46,751

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €94,571
Fixed assets €12,332
Current assets €82,239
Equity and liabilities €95,091
Equity €59,603
Debt €35,488
Debt finances 37.3% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€76,194
Cash flow
€61,148
Current ratio
2.32
Debt to equity
0.60
ROE
99.7%
ROA
62.5%
Interest coverage
over 100
Debt ≤ 1 year
€35,488
Income taxes
€15,010

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% 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 497,474 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 74.5% 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 39,278 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 · 2024 · 31 lines
Balance sheet Code2024
Assets
Total assets20/58€95,091
Formation expenses20€519
Fixed assets21/28€12,332
Tangible fixed assets22/27€12,332
Plant, machinery and equipment23€2,017
Furniture and vehicles24€10,315
Current assets29/58€82,239
Amounts receivable within one year40/41€7,472
Trade receivables40€7,396
Other amounts receivable41€75
Cash at bank and in hand54/58€74,767
Equity and liabilities
Total equity and liabilities10/49€95,091
Equity10/15€59,603
Contributions10/11€150
Profit (loss) carried forward14€59,453
Amounts payable17/49€35,488
Amounts payable within one year42/48€35,488
Taxes, remuneration and social security45€30,461
Taxes450/3€30,461
Other amounts payable47/48€5,027
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,695
Other operating charges640/8€170
Gross operating margin9900€76,364
Operating profit (loss)9901€74,499
Financial charges65/66B€36
Recurring financial charges65€36
Profit (loss) for the period before taxes9903€74,463
Income taxes67/77€15,010
Profit (loss) for the period9904€59,453
Profit (loss) for the period to be appropriated9905€59,453
Appropriation of the result
Profit (loss) to be appropriated9906€59,453

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

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,695
Other operating charges640/8€170
Gross operating margin9900€76,364
Operating profit (loss)9901€74,499
Financial charges65/66B€36
Recurring financial charges65€36
Profit (loss) for the period before taxes9903€74,463
Income taxes67/77€15,010
Profit (loss) for the period9904€59,453
Profit (loss) for the period to be appropriated9905€59,453
Line2024
Assets
Total assets20/58€95,091
Formation expenses20€519
Fixed assets21/28€12,332
Tangible fixed assets22/27€12,332
Plant, machinery and equipment23€2,017
Furniture and vehicles24€10,315
Current assets29/58€82,239
Amounts receivable within one year40/41€7,472
Trade receivables40€7,396
Other amounts receivable41€75
Cash at bank and in hand54/58€74,767
Equity and liabilities
Total equity and liabilities10/49€95,091
Equity10/15€59,603
Contributions10/11€150
Profit (loss) carried forward14€59,453
Amounts payable17/49€35,488
Amounts payable within one year42/48€35,488
Taxes, remuneration and social security45€30,461
Taxes450/3€30,461
Other amounts payable47/48€5,027
Line2024
Profit (loss) for the period9904€59,453
+ Depreciation and write-downs630€1,695
Operating cash flow (approximation)€61,148

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 29-09-2025 2025-00511842

Similar companies · same sector, comparable size

Of the 82,226 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 53,855. 40,017 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.