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Landmark

Active
Public limited companyfounded 199234 yrs activeStaatsbaan 12, 2360 Oud-Turnhout, BelgiumKBO/BCE: BE 0446.999.754
Summary

Landmark has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of -€6,162. Equity is shrinking by ~9.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability18=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90,000 at 30 days acceptable
short-term debt: 0.1% and cash: 0.9% of total assets, and 0.1% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
99.9%
Return on assets
-0.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
59 d early
2024
59 d early
2023
51 d early
2022
49 d early
2021
7 d early
2020
46 d early
2019
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 34 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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. Usually files around 11 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Landmark was incorporated on 26 March 1992.1 Total assets fell from EUR 6.4 million in 2018 to EUR 1.4 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€1.4m▼ 0.4%
2024 · €1.4m
Total assets
€1.4m▼ 9.8%
2024 · €1.6m
Net result
-€6,162▼ 57.3%
2024 · -€3,917
Working capital
€1.4m▼ 1.0%
2024 · €1.4m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€14,710▲ 24.5%-€2,230▲ 84.8%-€9,032▼ 305%-€3,579▲ 60.4%-€5,823▼ 62.7%
Net result-€15,236▲ 24.0%-€2,561▲ 83.2%-€9,365▼ 266%-€3,917▲ 58.2%-€6,162▼ 57.3%
Equity€2.1m▼ 0.7%€1.6m▼ 24.1%€1.4m▼ 10.0%€1.4m▼ 0.3%€1.4m▼ 0.4%
Total assets€2.2m▲ 1.8%€2.1m▼ 4.8%€1.6m▼ 24.8%€1.6m▼ 0.3%€1.4m▼ 9.8%
Debt€112,967▲ 90.5%€510,891▲ 352%€150,953▼ 70.5%€150,000▼ 0.6%€1,266▼ 99.2%
Working capital€2.1m▼ 0.7%€1.6m▼ 24.0%€1.4m▼ 10.0%€1.4m▼ 0.3%€1.4m▼ 1.0%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€15,000-€10,000-€5,000€0Operating result 2021: -€14,710-€14,710Net result 2021: -€15,236-€15,236Operating result 2022: -€2,230-€2,230Net result 2022: -€2,561-€2,561Operating result 2023: -€9,032-€9,032Net result 2023: -€9,365-€9,365Operating result 2024: -€3,579-€3,579Net result 2024: -€3,917-€3,917Operating result 2025: -€5,823-€5,823Net result 2025: -€6,162-€6,16220212022202320242025-€10,000-€7,500-€5,000-€2,500€0Operating result 2023: -€9,032-€9,030Net result 2023: -€9,365-€9,360Operating result 2024: -€3,579-€3,580Net result 2024: -€3,917-€3,920Operating result 2025: -€5,823-€5,820Net result 2025: -€6,162-€6,160202320242025
The operating result stays negative: a loss of €5,823 in 2025 against €3,579 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets €8,734
Current assets €1.4m
Equity and liabilities €1.4m
Equity €1.4m ▼ 0.4%
Debt €1,266 ▼ 99.2%
Debt's share of the balance-sheet total falls from 9.5% to 0.1%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€4,333▼
2024 · -€3,579
Cash flow
-€4,672▼
2024 · -€3,917
Quick ratio
9.96▲
2024 · 1.17
Debt to equity
0.00▼
2024 · 0.11
ROE
-0.4%▼
2024 · -0.3%
ROA
-0.4%▼
2024 · -0.2%
Interest coverage
-12.78▼
2024 · -10.60
Debt ≤ 1 year
€1,266▼
2024 · €150,000
A ratio outside any meaningful range has been withheld (balance sheet total €1.4m, equity €1.4m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.1% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% 1.9%
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% 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 8,611 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 · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.6m€1.4m▼
Fixed assets21/28-€8,734
Tangible fixed assets22/27-€8,734
Plant, machinery and equipment23-€8,734
Current assets29/58€1.6m€1.4m▼
Stocks and contracts in progress3€1.4m€1.4m=
Stocks30/36€1.4m€1.4m=
Amounts receivable within one year40/41€0-
Other amounts receivable41€0-
Cash at bank and in hand54/58€176,234€12,604▼
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.4m▼
Equity10/15€1.4m€1.4m▼
Contributions10/11€1.4m€1.4m=
Capital10€1.4m€1.4m=
Issued capital100€1.4m€1.4m=
Reserves13€11,234€8,759▼
Non-distributable reserves130/1€8,759€8,759=
Legal reserve130€8,759€8,759=
Distributable reserves133€2,475€0▼
Profit (loss) carried forward14--€3,687
Amounts payable17/49€150,000€1,266▼
Amounts payable within one year42/48€150,000€1,266▼
Trade debts44€0€1,266▲
Suppliers440/4€0€1,266▲
Other amounts payable47/48€150,000€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€1,490▲
Other operating charges640/8€1,244€1,201▼
Gross operating margin9900-€2,335-€3,131▼
Operating profit (loss)9901-€3,579-€5,823▼
Financial charges65/66B€338€339▲
Recurring financial charges65€338€339▲
Profit (loss) for the period before taxes9903-€3,917-€6,162▼
Profit (loss) for the period9904-€3,917-€6,162▼
Profit (loss) for the period to be appropriated9905-€3,917-€6,162▼
Appropriation of the result
Profit (loss) to be appropriated9906-€3,917-€6,162▼
Transfer from equity791/2€3,917€2,475▼

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

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€831€831€490€0€1,490-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-----
Other operating charges640/8€1,038€1,040€2,025€1,244€1,201▼ 3.5%
Gross operating margin9900-€12,841-€359-€6,516-€2,335-€3,131▼ 34.1%
Operating profit (loss)9901-€14,710-€2,230-€9,032-€3,579-€5,823▼ 62.7%
Financial charges65/66B€478€331€333€338€339▲ 0.4%
Recurring financial charges65€478€331€333€338€339▲ 0.4%
Profit (loss) for the period before taxes9903-€15,188-€2,561-€9,365-€3,917-€6,162▼ 57.3%
Income taxes67/77€48€0----
Profit (loss) for the period9904-€15,236-€2,561-€9,365-€3,917-€6,162▼ 57.3%
Profit (loss) for the period to be appropriated9905-€15,236-€2,561-€9,365-€3,917-€6,162▼ 57.3%
Line20212022202320242025Change
Assets
Total assets20/58€2.2m€2.1m€1.6m€1.6m€1.4m▼ 9.8%
Fixed assets21/28€1,320€490€0-€8,734-
Tangible fixed assets22/27€1,320€490€0-€8,734-
Plant, machinery and equipment23€1,320---€8,734-
Furniture and vehicles24-€490€0---
Current assets29/58€2.2m€2.1m€1.6m€1.6m€1.4m▼ 10.4%
Stocks and contracts in progress3€1.8m€1.4m€1.4m€1.4m€1.4m=
Stocks30/36€1.8m€1.4m€1.4m€1.4m€1.4m=
Amounts receivable within one year40/41€516€1,341€385€0--
Other amounts receivable41€516€1,341€385€0--
Cash at bank and in hand54/58€431,550€698,575€180,719€176,234€12,604▼ 92.8%
Equity and liabilities
Total equity and liabilities10/49€2.2m€2.1m€1.6m€1.6m€1.4m▼ 9.8%
Equity10/15€2.1m€1.6m€1.4m€1.4m€1.4m▼ 0.4%
Contributions10/11€1.6m€1.6m€1.4m€1.4m€1.4m=
Capital10€87,591€87,591€1.4m€1.4m€1.4m=
Issued capital100€87,591€87,591€1.4m€1.4m€1.4m=
Outside capital11€1.5m€1.5m€0---
Share premium1100/10€1.5m€1.5m€0---
Reserves13€527,076€24,515€15,151€11,234€8,759▼ 22.0%
Non-distributable reserves130/1€8,759€8,759€8,759€8,759€8,759=
Legal reserve130€8,759€8,759€8,759€8,759€8,759=
Distributable reserves133€518,317€15,756€6,392€2,475€0▼ 100%
Profit (loss) carried forward14-€0€0--€3,687-
Amounts payable17/49€112,967€510,891€150,953€150,000€1,266▼ 99.2%
Amounts payable within one year42/48€112,967€510,891€150,953€150,000€1,266▼ 99.2%
Trade debts44€76€1,050€953€0€1,266-
Suppliers440/4€76€1,050€953€0€1,266-
Taxes, remuneration and social security45€3,050€0----
Taxes450/3€3,050€0----
Other amounts payable47/48€109,841€509,841€150,000€150,000€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904-€15,236-€2,561-€9,365-€3,917-€6,162▼ 57.3%
+ Depreciation and write-downs630€831€831€490€0€1,490-
Operating cash flow (approximation)-€14,406-€1,730-€8,875-€3,917-€4,672▼ 19.3%
Investment in fixed assets (approximation)-€0€0---
Change in cash-€267,025-€517,856-€4,485-€163,630▼ 3,548%

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

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
02-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Liquidity times 106current ratio 1113.08
Current ratio from 10.48 to 1113.08; short-term debt falls from €150,000 to €1,266.
02-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
10-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Liquidity triplescurrent ratio 10.45
Current ratio from 4.10 to 10.45; short-term debt falls from €510,891 to €150,953.
12-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet -€20,055
Net result drops to -€20,055, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 30 days late
2019
31-12
Financial Highest result since 2018net €80,900 ▲109%
Operating result €87,232, net result €80,900, both a record.
31-12
Financial Liquidity times 6current ratio 23.01
Current ratio from 4.07 to 23.01; short-term debt falls from €1.6m to €96,432.
Show earlier events
30-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts

We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
11 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, Oud-Turnhout · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
1.6 ha
Building footprint
381 m²
Volume, LiDAR
3,050 m³
Parcel 13482F1109/00P003, Flanders · tallest building 21.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Staatsbaan 12, 2360 Oud-Turnhout
NACE 70201
since 19922.057.135.616
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13482F1109/00P003 Flanders 1.6 ha 1 · 381 m² 21.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded26-03-1992
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.