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LANDMAAT

Active
Public limited companyfounded 2008active for 18 yearsArmoedestraat 40, 8800 Roeselare, BelgiumKBO/BCE: BE 0897.952.160
Summary

LANDMAAT has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27.4m and a net result of €4.0m. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 66% of 5,708 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Development of residential building projects
NACE 68121
#8 company by equity in Roeselare, Real estate sector1 site
Size
€29.5mturnover 2025
Staff
3.3 FTE
Equity
€27.4m
Profit
€4.0m
Financial health
89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Largest shareholder
ALLTOPE · 50%
Board
4 members
  • ALLTOPEManaging director · permanent representative MASSCHELEIN Jan
Accounts 44 days early2 of 16 deeds read
Why 89raises risk1 change of registered office in 24 monthsLiquidity: current ratio 2.34, cash €510,976lowers riskSize: turnover €29.5m, 3.3 FTE, total assets €46.5mSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 64% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Strong
Solvency 84+6
equity 58.9% of total assets
Liquidity 33+4
short-term debt 39.7% · cash 1.1%
Profitability 83+7
return on assets 8.6%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,549 companies, NACE 68, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged 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 01-2026lowest value 03-2026: 0.2%▲ +0.1 percentage points vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026highest value
Credit of up to €2,400,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.34, compared with 2.13 in 2024; short-term debt: 39.7% and cash: 1.1% of total assets), and 41.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 71% on solvency, 25% on liquidity, 81% on profitability and 80% on growth.

The bankruptcy probability was computed on 08-10-2026 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.

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

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 2.34, cash €510,976
NBB · annual accounts
lowers risk · Size: turnover €29.5m, 3.3 FTE, total assets €46.5m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-12-2025, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 days early
2024
42 days early
2023
51 days early
2022
54 days early
2021
55 days early
2020
69 days early
2019
17 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 47 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 11 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end09-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: ALLTOPE (class A director) and…Appointments: ALLTOPE, MABEJA and 2…
  2. Registered officeRegistered-office move · Director in…
  3. Annual accounts filedfinancial year 2025 · full…

Key points

  • Positive: Turnover rose in 2025from €17.0m to €29.5m ▲ 73.4% View
  • Positive: Among the best 5% on net resultsector median €21,224 · 5,714 companies €4.0m View
  • New directorslatest change 06-05-2026 · 4 in office 4 joined View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €4.0m 7 years View

By topic

Financials

Financial year
2025
Turnover
€29.5m
Profit
€4.0m
Solvency
58.9%
Turnover▲ 73.4%
Net result
20212025
Go to Financials

Board & ownership

Board
4 members
Largest shareholder
ALLTOPE · 50%
  • ALLTOPEManaging director
  • MABEJADirector
  • MODDERManaging director
  • VENDERDirector
Go to Board & ownership

Timeline

Events
21
Since
2010
Next accounts
by 31-01-2027
  1. 30-06-2025Equity above €25m
  2. 20-12-2024Annual accounts filed
  3. 11-12-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Development of residential building projectsNACE 68121
Founded
06-05-2008
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
35
Annual meeting
Last Monday of December at 14:00
Purpose
Alle activiteiten als holding, patrimoniumvennootschap, beheermaatschappij…
Go to Articles of association

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