LAND AND FOREST DEVELOPMENT
LAND AND FOREST DEVELOPMENT has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2023 annual accounts show negative equity (€-250k) and a net result of €27k. Equity is growing by ~6.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €-250k |
| Net result | €27k |
| Active | 39 yrs |
| Board | 1 |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Show 9 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €39k |
| Net profit | €27k |
| Cash flow | €39k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €359k |
| Equity | €-250k |
| Debt | €609k |
| of which ≤ 1y | €609k |
| of which > 1y | - |
| Working capital | €-550k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 0.10 |
| Quick ratio | 0.10 |
| Working capital ratio | -153.5% |
| Solvency | -69.8% |
| Debt / equity | -2.43 |
| Long-term debt ratio | - |
| Interest coverage | 70.04 |
| Gross margin | - |
| Net margin | - |
| ROA | 7.4% |
| ROE | -10.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (21 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €359k |
| Fixed assets | 21/28 | €300k |
| Tangible fixed assets | 22/27 | €300k |
| Current assets | 29/58 | €59k |
| Amounts receivable within one year | 40/41 | €48k |
| Cash & bank | 54/58 | €11k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €359k |
| Equity | 10/15 | €-250k |
| Contributions / capital | 10/11 | €31k |
| Reserves | 13 | €3k |
| Accumulated profits (losses) | 14 | €-285k |
| Amounts payable | 17/49 | €609k |
| Amounts payable within one year | 42/48 | €609k |
| Trade debts payable within one year | 44 | €64 |
| Income statement | ||
| Gross operating margin | 9900 | €42k |
| Operating result | 9901 | €27k |
| Financial income | 75 | €14 |
| Financial charges | 65 | €563 |
| Result before taxes | 9903 | €27k |
| Net result for the period | 9904 | €27k |
| Result to be appropriated | 9905 | €27k |
-
Ingrid LEPERAdministrateur et administrateur déléguéState Gazette act 26109780 (31-08-2026)Current31-08-2026 → present
Former directors (1)
-
Michel Eliat-EliatDirectorState Gazette act 26109780 (31-08-2026)Former- → 31-08-2026
| NACE primary | Gemengd landbouwbedrijf(01500) |
| Legal form | Public limited company(014) |
| Incorporation | 21-10-1986 |
| Status | Active |
| Postal code | 5340 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92060C0222/00B007 | Wallonia | 1.7 ha | 1 · 179 m² | - |
| 92060C0222/00C007 | Wallonia | 64 m² | 1 · 74 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
31-08-2026 Act object · General meeting · Officer resignation · Officer appointment
- Act object: Nomination d'un nouvel administrateur · LAND AND FOREST DEVELOPMENT
- Publication: 2026-08-31 · LAND AND FOREST DEVELOPMENT
- Filing: 2026-08-19 · LAND AND FOREST DEVELOPMENT
- General meeting: 2026-07-31 · LAND AND FOREST DEVELOPMENT
- Officer resignation: role: administrateur, end_date: 2025-11-08 · Michel Eliat-Eliat
- Officer appointment: role: administrateur et administrateur délégué, start_date: 2026-07-31 · Ingrid LEPER
- Filing representative: accomplir les formalités nécessaires afin d'assurer l'exécution des résolutions qui précèdent, et notamment d'établir et de déposer l'extrait du procès-verbal en vue de sa publication à l'Annexe du Moniteur belge · Cabinet d'avocats Lebbe & de Laveleye
Technical details
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}24-06-2024 2 directors appointed
- Eliat-Eliat Michel, Gedelegeerd bestuurder
- Alexandre Deschuyteneer, Dagelijks bestuur
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}| Legal nameFR | LAND AND FOREST DEVELOPMENT |