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LANDSER

Active
Private limited companyfounded 20223 yrs activeWaterloose Steenweg 482, 1050 Elsene, BelgiumKBO/BCE: BE 0793.416.745
Summary

LANDSER has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €147,946 and a net result of €55,090. Equity is growing by ~62.3% per year across the filed fiscal years. Its solvency ranks better than 31% of 7833 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability81▼-19
Solvency52▼-48
Growth78=
Track record94
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 2.11 against 3.8 in 2024; short-term debt: 12.4% and cash: 17.4% of total assets), but 73.5% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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
26.5%
Return on assets
9.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filings
Deviation from the deadline
2025
26 d late
2024
28 d late
2023
19 d late
2022
4 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 17 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed 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.
Companies Code · seven months
Position in the running window
28-09-2026 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

On 9 November 2022, LANDSER was incorporated as a Private limited company.1 Total assets went from EUR 3,824 in 2022 to EUR 558,146 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€147,946▲ 59.3%
2024 · €92,856
Total assets
€558,146▲ 361%
2024 · €121,028
Net result
€55,090▲ 71.3%
2024 · €32,153
Working capital
€76,674▼ 2.6%
2024 · €78,761
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result-€2,832-€76,183€42,590▼ 44.1%€75,516▲ 77.3%
Net result-€2,838below the sector's middle half-€60,541above the sector's middle half€32,153within the sector's middle half▼ 46.9%€55,090above the sector's middle half▲ 71.3%
Equity€162below the sector's middle half-€60,703within the sector's middle half▲ 37,352%€92,856within the sector's middle half▲ 53.0%€147,946within the sector's middle half▲ 59.3%
Total assets€3,824below the sector's middle half-€89,466within the sector's middle half▲ 2,240%€121,028within the sector's middle half▲ 35.3%€558,146above the sector's middle half▲ 361%
Debt€3,661-€28,763▲ 686%€28,172▼ 2.1%€410,200▲ 1,356%
Working capital€162within the sector's middle half-€60,703within the sector's middle half▲ 37,352%€78,761within the sector's middle half▲ 29.7%€76,674within the sector's middle half▼ 2.6%
Solvency67.9%within the sector's middle half76.7%above the sector's middle half▲ 8.9pp26.5%within the sector's middle half▼ 50.2pp
Current ratio3.11within the sector's middle half3.80within the sector's middle half▲ 0.692.11within the sector's middle half▼ 1.69
Return on assets (ROA)67.7%above the sector's middle half26.6%within the sector's middle half▼ 41.1pp9.9%within the sector's middle half▼ 16.7pp
above within below the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000€80,000Operating result 2022: -€2,832-€2,832Net result 2022: -€2,838-€2,838Operating result 2023: €76,183€76,183Net result 2023: €60,541€60,541Operating result 2024: €42,590€42,590Net result 2024: €32,153€32,153Operating result 2025: €75,516€75,516Net result 2025: €55,090€55,0902022202320242025€0€20,000€40,000€60,000€80,000Operating result 2023: €76,183€76,200Net result 2023: €60,541€60,500Operating result 2024: €42,590€42,600Net result 2024: €32,153€32,200Operating result 2025: €75,516€75,500Net result 2025: €55,090€55,100202320242025
The operating result recovers in 2025; 2025 is 77% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €558,146
Fixed assets €412,273 ▲ 2,825%
Current assets €145,873 ▲ 36.4%
Equity and liabilities €558,146
Equity €147,946 ▲ 59.3%
Debt €410,200 ▲ 1,356%
Debt's share of the balance-sheet total rises from 23.3% to 73.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€77,339▲
2024 · €43,240
Cash flow
€56,912▲
2024 · €32,803
Debt to equity
2.77▲
2024 · 0.30
ROE
37.2%▲
2024 · 34.6%
Interest coverage
14.04▼
2024 · 20.37
Debt ≤ 1 year
€69,198▲
2024 · €28,172
Debt > 1 year
€341,001
Income taxes
€14,917▲
2024 · €8,318
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€121,028€558,146▲
Fixed assets21/28€14,095€412,273▲
Tangible fixed assets22/27€14,095€12,273▼
Furniture and vehicles24€3,120€2,425▼
Other tangible fixed assets26€10,975€9,848▼
Financial fixed assets28-€400,000
Current assets29/58€106,933€145,873▲
Amounts receivable within one year40/41€33,083€47,087▲
Trade receivables40€10,889€22,746▲
Other amounts receivable41€22,193€24,340▲
Cash at bank and in hand54/58€72,777€96,882▲
Deferred charges and accrued income490/1€1,073€1,904▲
Equity and liabilities
Total equity and liabilities10/49€121,028€558,146▲
Equity10/15€92,856€147,946▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€89,856€144,946▲
Amounts payable17/49€28,172€410,200▲
Amounts payable after more than one year17-€341,001
Financial debts170/4-€341,001
Amounts payable within one year42/48€28,172€69,198▲
Current portion of amounts payable after more than one year42-€19,513
Trade debts44€14,871€15,368▲
Suppliers440/4€14,871€15,368▲
Taxes, remuneration and social security45€8,553€29,098▲
Taxes450/3€8,553€29,098▲
Other amounts payable47/48€4,747€5,219▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€650€1,822▲
Other operating charges640/8€1,351€881▼
Gross operating margin9900€44,591€78,220▲
Operating profit (loss)9901€42,590€75,516▲
Financial income75/76B€3€0▼
Recurring financial income75€3€0▼
Financial charges65/66B€2,123€5,510▲
Recurring financial charges65€2,123€5,510▲
Profit (loss) for the period before taxes9903€40,471€70,007▲
Income taxes67/77€8,318€14,917▲
Profit (loss) for the period9904€32,153€55,090▲
Profit (loss) for the period to be appropriated9905€32,153€55,090▲
Appropriation of the result
Profit (loss) to be appropriated9906€89,856€144,946▲
Profit (loss) brought forward from the previous period14P€57,703€89,856▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€650€1,822▲ 180%
Other operating charges640/8-€409€1,351€881▼ 34.7%
Gross operating margin9900-€2,832€76,592€44,591€78,220▲ 75.4%
Operating profit (loss)9901-€2,832€76,183€42,590€75,516▲ 77.3%
Financial income75/76B-€18€3€0▼ 96.2%
Recurring financial income75-€18€3€0▼ 96.2%
Financial charges65/66B€6€1,025€2,123€5,510▲ 160%
Recurring financial charges65€6€1,025€2,123€5,510▲ 160%
Profit (loss) for the period before taxes9903-€2,838€75,176€40,471€70,007▲ 73.0%
Income taxes67/77-€14,635€8,318€14,917▲ 79.3%
Profit (loss) for the period9904-€2,838€60,541€32,153€55,090▲ 71.3%
Profit (loss) for the period to be appropriated9905-€2,838€60,541€32,153€55,090▲ 71.3%
Line2022202320242025Change
Assets
Total assets20/58€3,824€89,466€121,028€558,146▲ 361%
Fixed assets21/28--€14,095€412,273▲ 2,825%
Tangible fixed assets22/27--€14,095€12,273▼ 12.9%
Furniture and vehicles24--€3,120€2,425▼ 22.3%
Other tangible fixed assets26--€10,975€9,848▼ 10.3%
Financial fixed assets28---€400,000-
Current assets29/58€3,824€89,466€106,933€145,873▲ 36.4%
Amounts receivable within one year40/41€441€26,188€33,083€47,087▲ 42.3%
Trade receivables40-€14,751€10,889€22,746▲ 109%
Other amounts receivable41€441€11,437€22,193€24,340▲ 9.7%
Cash at bank and in hand54/58€2,994€61,631€72,777€96,882▲ 33.1%
Deferred charges and accrued income490/1€388€1,647€1,073€1,904▲ 77.5%
Equity and liabilities
Total equity and liabilities10/49€3,824€89,466€121,028€558,146▲ 361%
Equity10/15€162€60,703€92,856€147,946▲ 59.3%
Contributions10/11€3,000€3,000€3,000€3,000=
Profit (loss) carried forward14-€2,838€57,703€89,856€144,946▲ 61.3%
Amounts payable17/49€3,661€28,763€28,172€410,200▲ 1,356%
Amounts payable after more than one year17---€341,001-
Financial debts170/4---€341,001-
Amounts payable within one year42/48€3,661€28,763€28,172€69,198▲ 146%
Current portion of amounts payable after more than one year42---€19,513-
Trade debts44€3,661€20,269€14,871€15,368▲ 3.3%
Suppliers440/4€3,661€20,269€14,871€15,368▲ 3.3%
Taxes, remuneration and social security45-€8,494€8,553€29,098▲ 240%
Taxes450/3-€8,494€8,553€29,098▲ 240%
Other amounts payable47/48--€4,747€5,219▲ 9.9%
Line2022202320242025Change
Profit (loss) for the period9904-€2,838€60,541€32,153€55,090▲ 71.3%
+ Depreciation and write-downs630--€650€1,822▲ 180%
Operating cash flow (approximation)-€2,838€60,541€32,803€56,912▲ 73.5%
Investment in fixed assets (approximation)----€400,000-
Change in cash-€58,637€11,146€24,105▲ 116%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial Equity above €100,000Eq €147,946 ▲59.3%
3 profitable years in a row build equity to €147,946.
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
19-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
31-12
Financial Back to profitnet €60,541
Net result €60,541 after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 3.11
Current ratio from 1.04 to 3.11.
27-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Elsene · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
117 m²
Building footprint
78 m²
Volume, LiDAR
1,340 m³
Parcel 21447B0305/00M023, Brussels · tallest building 20.9 m, ±6 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
LANDSER
Waterloose Steenweg 482, 1050 ElseneRetail trade
since 20222.337.831.048
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21447B0305/00M023 Brussels 117 m² 1 · 78 m² 20.9 m · 6 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.

Similar companies · same sector, comparable size

Of 11,218 companies in sector 82100 we hold annual accounts for 3,516. 2,568 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded09-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
46190Agents in non-specialised wholesale trade
46900Non-specialised wholesale trade
47621Retail sale of newspapers and periodicals
74201Photography, excluding press photography
77330Rental and leasing activities
Contact
E-mail info@espaceplan.be
Phone +3225376464
E-invoicing
Reachable via Peppol
Peppol ID 0208:0793416745
Registered 05-12-2022

Register as of 28 September 2026 · Peppol Directory

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