Summary
LANDT is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2026 annual accounts show equity of €395,975 and a net result of €188,957. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 11% of 211 sector peers (NACE 64, financial year 2026). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2026, abbreviated format
Equity
€395,975▲ 91.3%
2025 · €207,018
Net result
€188,957▲ 112%
2025 · €89,010
Total assets
€3.5m▲ 21.2%
2025 · €2.9m
Solvency
11.2%▲ 4.1pp
2025 · 7.1%
Trend over the years
2022 to 2026, 5 financial years 2019 to 2026, 8 financial years
After the dip in 2024 the operating result has climbed two years in a row; 2026 is 86% above 2025 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.4m
2026
Net result€0.2m
2026
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€3.5m
2026
Equity€0.4m
2026
Debt€3.1m
2026
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€2.4m
2026
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)5.3%
2026
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency11.2%
2026
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio3.83
2026
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023202420252026
Operating result€0.02m-€0.03m▲ 63.1%€0.2m▲ 589%€0.2m▲ 12.8%€0.1m▼ 51.2%€0.1m▼ 0.7%€0.2m▲ 88.7%€0.4m▲ 85.9%
Net result€0.01m-€0.02m▲ 58.8%€0.2mabove the sector's middle half▲ 780%€0.2mabove the sector's middle half▲ 11.8%€0.07mwithin the sector's middle half▼ 59.4%€0.05mwithin the sector's middle half▼ 23.9%€0.09mwithin the sector's middle half▲ 63.2%€0.2m▲ 112%
Equity€0.02m-€0.03m▲ 113%€0.2mwithin the sector's middle half▲ 467%€0.3mwithin the sector's middle half▲ 71.2%€0.4mwithin the sector's middle half▲ 8.1%€0.3mwithin the sector's middle half▼ 24.5%€0.2mwithin the sector's middle half▼ 22.8%€0.4m▲ 91.3%
Total assets€0.1m-€0.1m▼ 10.5%€0.4mwithin the sector's middle half▲ 295%€0.4mwithin the sector's middle half▼ 0.2%€0.6mwithin the sector's middle half▲ 39.4%€1.9mwithin the sector's middle half▲ 235%€2.9mwithin the sector's middle half▲ 56.8%€3.5m▲ 21.2%
Debt€0.1m-€0.07m▼ 30.8%€0.2m▲ 208%€0.07m▼ 66.4%€0.2m▲ 188%€1.6m▲ 697%€2.7m▲ 70.2%€3.1m▲ 15.9%
Working capital€0.03m-€0.02m▼ 18.8%€0.3mabove the sector's middle half▲ 1,118%€0.3mabove the sector's middle half▲ 7.7%€0.5mabove the sector's middle half▲ 48.1%€0.5mabove the sector's middle half▲ 5.8%€1.3mabove the sector's middle half▲ 159%€2.4m▲ 81.2%
Solvency14.1%-33.5%▲ 19.4pp48.1%within the sector's middle half▲ 14.6pp82.6%above the sector's middle half▲ 34.4pp64.0%within the sector's middle half▼ 18.6pp14.4%below the sector's middle half▼ 49.6pp7.1%below the sector's middle half▼ 7.3pp11.2%▲ 4.1pp
Current ratio1.42-1.37▼ 0.054.24above the sector's middle half▲ 2.885.64above the sector's middle half▲ 1.3910.43above the sector's middle half▲ 4.791.55within the sector's middle half▼ 8.881.81within the sector's middle half▲ 0.263.83▲ 2.02
Return on assets (ROA)10.0%-17.8%▲ 7.8pp39.6%above the sector's middle half▲ 21.8pp44.4%above the sector's middle half▲ 4.8pp12.9%within the sector's middle half▼ 31.5pp2.9%within the sector's middle half▼ 10.0pp3.1%within the sector's middle half▲ 0.1pp5.3%▲ 2.3pp
above
within
below
the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €3.5m
Fixed assets
€334,790 ▲ 6,792%
Current assets
€3.2m ▲ 9.9%
Equity and liabilities €3.5m
Equity
€395,975 ▲ 91.3%
Debt
€3.1m ▲ 15.9%
Debt's share of the balance-sheet total falls from 92.9% to 88.8%. Equity and debt are higher.
Key figures and ratios
ROE
47.7%▲
2025 · 43.0%
Debt ≤ 1 year
€834,574▼
2025 · €1.6m
Debt > 1 year
€2.3m▲
2025 · €1.1m
Income taxes
€74,576▲
2025 · €33,077
Staff costs
€2,552▲
2025 · €250
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | - | €630 | €250 | €2,552 | ▲ 921% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €877 | €1,392 | €1,392 | €1,100 | €930 | €18,361 | €930 | €549 | ▼ 41.0% |
| Other operating charges640/8 | - | - | - | €1,726 | €5,866 | €6,212 | €4,438 | €14,460 | ▲ 226% |
| Gross operating margin9900 | €23,344 | €33,421 | €224,152 | €245,490 | €125,260 | €142,881 | €227,718 | €430,530 | ▲ 89.1% |
| Operating profit (loss)9901 | €19,155 | €31,245 | €215,131 | €242,664 | €118,464 | €117,677 | €222,101 | €412,969 | ▲ 85.9% |
| Financial income75/76B | - | - | - | €840 | €25 | €4,606 | €1,319 | €6,993 | ▲ 430% |
| Recurring financial income75 | - | €840 | €840 | €840 | €25 | €4,606 | €1,319 | €6,993 | ▲ 430% |
| Financial charges65/66B | - | - | - | €4,405 | €2,182 | €45,867 | €101,333 | €156,429 | ▲ 54.4% |
| Recurring financial charges65 | €666 | €2,486 | €4,983 | €4,405 | €2,182 | €45,867 | €101,333 | €156,429 | ▲ 54.4% |
| Profit (loss) for the period before taxes9903 | €18,489 | €29,599 | €210,988 | €239,099 | €116,307 | €76,416 | €122,087 | €263,533 | ▲ 116% |
| Income taxes67/77 | €7,189 | €11,660 | €53,061 | €62,551 | €44,594 | €21,864 | €33,077 | €74,576 | ▲ 125% |
| Profit (loss) for the period9904 | €11,300 | €17,939 | €157,927 | €176,547 | €71,713 | €54,552 | €89,010 | €188,957 | ▲ 112% |
| Profit (loss) for the period to be appropriated9905 | €11,300 | €17,939 | €157,927 | €176,547 | €71,713 | €54,552 | €89,010 | €188,957 | ▲ 112% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.1m | €0.1m | €0.4m | €0.4m | €0.6m | €1.9m | €2.9m | €3.5m | ▲ 21.2% |
| Fixed assets21/28 | €0.01m | €0.009m | €0.008m | €0.007m | €0.03m | €0.4m | €0.005m | €0.3m | ▲ 6,792% |
| Tangible fixed assets22/27 | €0.01m | €0.008m | €0.007m | €0.006m | €0.03m | €0.4m | €0.003m | €0.03m | ▲ 955% |
| Land and buildings22 | - | - | - | - | €0.02m | €0.4m | €0 | - | - |
| Furniture and vehicles24 | - | - | - | €0.006m | €0.005m | €0.004m | €0.003m | €0.001m | ▼ 54.0% |
| Other tangible fixed assets26 | - | - | - | - | - | - | - | €0.03m | - |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.002m | €0.002m | €0.3m | ▲ 17,391% |
| Current assets29/58 | €0.1m | €0.09m | €0.4m | €0.4m | €0.5m | €1.4m | €2.9m | €3.2m | ▲ 9.9% |
| Amounts receivable after more than one year29 | - | - | - | €0.05m | €0.06m | €0.06m | €0.01m | €0.06m | ▲ 401% |
| Other amounts receivable291 | - | - | - | €0.05m | €0.06m | €0.06m | €0.01m | €0.06m | ▲ 401% |
| Stocks and contracts in progress3 | - | - | €0.1m | €0 | €0.1m | €1.0m | €2.5m | €2.2m | ▼ 11.4% |
| Stocks30/36 | - | - | - | €0 | €0.1m | €1.0m | €2.5m | €2.2m | ▼ 11.4% |
| Amounts receivable within one year40/41 | €0.07m | €0.001m | €0.07m | €0.04m | €0.03m | €0.02m | €0.07m | €0.2m | ▲ 223% |
| Trade receivables40 | - | - | - | €0.04m | €0.02m | €0.02m | €0.03m | €0.1m | ▲ 322% |
| Other amounts receivable41 | - | - | - | - | €0.005m | €9 | €0.04m | €0.09m | ▲ 131% |
| Cash at bank and in hand54/58 | €0.03m | €0.04m | €0.2m | €0.3m | €0.3m | €0.3m | €0.4m | €0.7m | ▲ 98.3% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.001m | €0.002m | €0 | €0.002m | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.1m | €0.1m | €0.4m | €0.4m | €0.6m | €1.9m | €2.9m | €3.5m | ▲ 21.2% |
| Equity10/15 | €0.02m | €0.03m | €0.2m | €0.3m | €0.4m | €0.3m | €0.2m | €0.4m | ▲ 91.3% |
| Contributions10/11 | €0.006m | €0 | - | €0.006m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.01m | €0.03m | €0.2m | €0.3m | €0.3m | €0.2m | €0.2m | €0.4m | ▲ 100% |
| Non-distributable reserves130/1 | - | - | - | €0 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.3m | €0.3m | €0.2m | €0.2m | €0.4m | ▲ 100% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €0.1m | €0.07m | €0.2m | €0.07m | €0.2m | €1.6m | €2.7m | €3.1m | ▲ 15.9% |
| Amounts payable after more than one year17 | €0.03m | €0 | €0.1m | €0 | €0.1m | €0.7m | €1.1m | €2.3m | ▲ 109% |
| Financial debts170/4 | - | - | - | €0 | €0.1m | €0.7m | €0.9m | €1.8m | ▲ 92.7% |
| Other amounts payable178/9 | - | - | - | - | - | - | €0.2m | €0.5m | ▲ 197% |
| Amounts payable within one year42/48 | €0.07m | €0.07m | €0.09m | €0.07m | €0.05m | €0.9m | €1.6m | €0.8m | ▼ 48.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €0.04m | €0.05m | €0.1m | ▲ 159% |
| Financial debts43 | - | - | - | €0.03m | €0.02m | €0.7m | €1.3m | €0.6m | ▼ 52.0% |
| Credit institutions430/8 | - | - | - | €0.03m | €0.02m | €0.7m | €1.3m | €0.6m | ▼ 52.0% |
| Trade debts44 | €0.005m | €0.005m | €0.003m | €0.002m | €0.005m | €0.02m | €0.1m | €0.1m | ▼ 13.3% |
| Suppliers440/4 | - | - | - | €0.002m | €0.005m | €0.02m | €0.1m | €0.1m | ▼ 13.3% |
| Taxes, remuneration and social security45 | - | - | - | €0.04m | €0.02m | €0.03m | €0.03m | €0.003m | ▼ 88.5% |
| Taxes450/3 | - | - | - | €0.04m | €0.02m | €0.03m | €0.03m | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | - | - | - | - | - | €0.003m | - |
| Other amounts payable47/48 | - | - | - | €282 | €0.004m | €0.1m | €0.2m | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €0 | €0.001m | €0.01m | €0.02m | €0.03m | ▲ 77.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,300 | €17,939 | €157,927 | €176,547 | €71,713 | €54,552 | €89,010 | €188,957 | ▲ 112% |
| + Depreciation and write-downs630 | €877 | €1,392 | €1,392 | €1,100 | €930 | €18,361 | €930 | €549 | ▼ 41.0% |
| Operating cash flow (approximation) | €12,178 | €19,331 | €159,318 | €177,647 | €72,643 | €72,913 | €89,940 | €189,506 | ▲ 111% |
| Investment in fixed assets (approximation) | - | €0 | €200 | €0 | -€21,750 | -€435,272 | €438,566 | -€330,481 | - |
| Change in cash | - | €10,792 | €124,590 | €132,805 | -€8,356 | €51,250 | €26,590 | €358,990 | ▲ 1,250% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2026 | abbreviated format | 06-10-2026 | 2026-00548414 |
| 30-06-2025 | abbreviated format | 29-12-2025 | 2025-00591439 |
| 30-06-2024 | abbreviated format | 18-11-2024 | 2024-00601179 |
| 30-06-2023 | micro format | 11-10-2023 | 2023-00482421 |
| 30-06-2022 | micro format | 23-09-2022 | 2022-20434274 |
| 30-06-2021 | micro format | 30-09-2021 | 2021-69500565 |
| 30-06-2020 | micro format | 12-10-2020 | 2020-60900108 |
| 30-06-2019 | micro format | 08-11-2019 | 2019-73400476 |
Similar companies · same sector, comparable size
Amélaux
BE 0743.921.011
Brugge · equity €396,020
PACS
BE 0810.330.773
Lanaken · equity €396,029
B2 Engineering
BE 0628.477.153
Meerhout · equity €396,030
Calor
BE 1001.744.734
Tessenderlo-Ham · equity €395,815
EMM CONSULTING
BE 0645.842.925
Genk · equity €396,165
Of the 24,462 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 19,970. 13,862 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2025 · 2 entries · €2,177 awarded · €2,177 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €1,998 | €1,998 |
| 2022 | 1 | €179 | €179 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.