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LANDD

Active Public limited companyfounded 2015active for 11 yearsDuinkerkestraat 20, 8630 VeurneKBO/BCE: BE 0637.809.048

Lifetime

11 annual accounts with figures on one time axis
peak €388,047 (2024)
-€3,581▼ €391,628
lowest -€13,747 (2019)
€2,620▼ 98.8%
peak €1.5m (2025)
€1.5m▲ 0.2%
€15,984▼ 56.8%
Board6 names since 2020
2 directorsMarijke BEYL and 1 other
Owners2 names in the annual accounts
  
Documentsfilings and deeds
31-08-202631 days late
2025financial year
Gross margin from €388,047 to -€3,581Result from €225,740 to €2,620Debts from €36,960 to €15,984Cash from €1.0m to €24,265

Key points

from the 2025 annual accounts

Equity

€1.5m ▲ 0.2%

LANDD has made a profit without a break since 2021.

Result

€2,620 ▼ 98.8%
€226,0002024€2,6202025

The result fell in 2025: different schema filed.

Liquidity

95.72 was 41.89 in 2024

Short-term debts fell from €36,960 to €15,984.

Filings

11 annual accounts since 2015
AprilJune31 JulyOctober201520202025

Seven of the last ten came late. The 2019 accounts came latest: 66 days after the end of the period.

Board

2 left

Directors left. Latest change 23-12-2025 · 2 in office.

Position in the sector

99.0%

Higher solvency than 95% of companies in real estate. Sector median 38.2% · 5,810 companies.

Checked score

92
Excellent
Financially stronger than 57% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -0.5 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: 0.1%▲ +0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 99.0% of total assets
52-48short-term debt 1.0% · cash 1.6%
38-36return on assets 0.2%

Score breakdown

raises risk
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Liquidity: current ratio 95.72, cash €24,265, halved
lowers risk
Size: total assets €1.5m
Equity €1.5m (99.0% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 91% of them on solvency, 59% on liquidity, 34% on profitability and 46% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 6,049 companies had the same profile as LANDD has now. Each dot stands for 16 companies, two years later.

95.9%
were still trading
3.6%
stopped another way
0.4%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of LANDD itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

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 6,049 companies, not a prediction for LANDD. 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 of up to €130,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 95.72 (41.89 in 2024), above the usual 1.5. Short-term debt is 1% and cash 1.6% of total assets. 1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 95.72, cash €24,265, halved
NBB · annual accounts
lowers risk · Size: total assets €1.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €1.5m (99.0% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
29 days late
2023
27 days late
2022
24 days early
2021
23 days late
2020
44 days early
2019
66 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 15 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MB
Director
M
Director, Marijn VANHOUTTE
  • MAVAM 50%score 98equity €2.7m (2025) · 2024 annual accounts of MAVAM
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0637809048
2 directors resigning, 2 reappointments Resignations: NV BERGGOED and Tine VERVELGHE · Permanent representatives: Carl VERKINDEREN and Marijn VANHOUTTE · Reappointments: NV MAVAM and Marijke BEYL · General meeting of 19-03-2026 · Gazette deed
Capital increase of €309,770 to €1,078,370 Capital from €768,600 to €1,078,370, 100 new shares · Contribution: BERGGOED · MAVAM holds 200 shares · Gazette deed
Company renamed from KRISTIVAN to LANDD Registered office moved to Veurne · Capital increase of €750,000 to €768,600 · Capital from €18,600 to €768,600, 200 new shares · General meeting of 18-12-2020 · Gazette deed
All 27 events

Comparable companies

same main activity, similar in size and age
Company
LANDD Veurne €1.5m -€3,581 99.0% -
Home Concept FP Zwevegem €1.7m -€7,415 -28.8% 0
K-Invest Mechelen €1.6m -€4,539 54.5% -
HIPERO Deinze €1.4m -€11,587 71.5% -
KERMAJA Woluwe-Saint-Pierre €1.7m -€11,987 -1.2% -
Legeco Sint-Martens-Latem €1.4m -€41,311 2.9% 0
MERTAM Erpe-Mere €1.5m -€21,527 79.0% -

These companies have the same main activity as LANDD: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €1.4m and €1.7m, founded between 2015 and 2016.

Official details

Source: KBO
Status
Active since 16-09-2015Normal situation
Activity
Buying and selling of own real estateNACE 68110and 4 others
Establishment unit
2.245.978.6798630 Veurne, since 16-09-2015
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€1.5m▼ 1.2%
Filing
Filed on 31-08-2026
Financials

Insights on LANDD

LANDD has existed since 2015. The gross margin fell from €283,597 in 2021 to €24,741 in 2022.

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 LANDD

What is the company number of LANDD?
The company number of LANDD is 0637.809.048. The VAT number is the same number with BE in front: BE 0637.809.048.
Where is LANDD based?
The registered office is at Duinkerkestraat 20, 8630 Veurne.Company details
What does LANDD do?
According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of LANDD?
LANDD is a public limited company (NV).
When was LANDD founded?
LANDD was founded on 16-09-2015.
Is LANDD still active?
Yes, LANDD is an active enterprise in the KBO register.
What is the turnover of LANDD?
The annual accounts for financial year 2025 state no turnover.Financials
Is LANDD profitable?
In financial year 2025, LANDD made a profit of €2,620.
Where can I find the annual accounts of LANDD?
LANDD filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LANDD due?
LANDD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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