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LANT Development

Active
Private limited companyfounded 2020active for 6 yearsLage Kaart 45, 2930 Brasschaat, BelgiumKBO/BCE: BE 0741.542.432
Summary

LANT Development has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €416,294 and a net result of €202,335, of which €281,633 non-recurring income. Equity is growing by about 13% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, abbreviated format

Turnover
≈ €770,000
Estimated: probably between €470,000 and €1.3m
Total assets
€1.2m▼ 18.5%
2024 · €1.5m
Net result
€202,335▲ 15×
2024 · €13,258
Working capital
-€28,645▲ 25.7%
2024 · -€38,557
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is over 5.7 times 2024 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€0.3m 2025 Net result€0.2m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result€0.2m-€0.1m▼ 24.3%€0.04m▼ 62.6%€0.02m▼ 47.7%€0.05m▲ 122%€0.3m▲ 474%
Net result€0.1m-€0.07m▼ 36.2%€448▼ 99.3%-€0.007m€0.01m€0.2m▲ 15×
Equity€0.2m-€0.3m▲ 29.3%€0.3m▲ 0.2%€0.3m▲ 19.6%€0.4m▲ 3.9%€0.4m▲ 16.5%
Total assets€1.4m-€1.2m▼ 14.9%€2.1m▲ 78.5%€1.9m▼ 9.4%€1.5m▼ 20.7%€1.2m▼ 18.5%
Debt€1.2m-€0.9m▼ 23.2%€1.8m▲ 103%€1.6m▼ 13.9%€1.2m▼ 26.0%€0.8m▼ 29.2%
Working capital€0.7m-€0.03m▼ 95.4%€0.7m▲ 24×€0.5m▼ 29.2%-€0.04m-€0.03m▲ 25.7%
Staff (FTE)0000
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets €1.1m ▼ 27.5%
Current assets €141,502 ▲ 26×
Equity and liabilities €1.2m
Equity €416,294 ▲ 16.5%
Debt €833,336 ▼ 29.2%
Debt's share of the balance-sheet total falls from 76.7% to 66.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€321,821▲
2024 · €93,056
Cash flow
€231,153▲
2024 · €55,270
Current ratio
0.83▲
2024 · 0.12
Debt to equity
2.00▼
2024 · 3.29
ROE
48.6%▲
2024 · 3.7%
ROA
16.2%▲
2024 · 0.9%
Interest coverage
13.90▲
2024 · 2.63
Debt ≤ 1 year
€170,147▲
2024 · €44,056
Debt > 1 year
€662,363▼
2024 · €1.1m
Income taxes
€67,517▲
2024 · €2,409
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,782 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96.7% are still going.

  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.6% went bankrupt
2.7% stopped otherwise
96.7% still going

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,445 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% 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 6,782 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 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.5m€1.2m▼
Fixed assets21/28€1.5m€1.1m▼
Tangible fixed assets22/27€1.5m€1.1m▼
Land and buildings22€1.5m€1.1m▼
Current assets29/58€0.005m€0.1m▲
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€0.005m€0.1m▲
Other amounts receivable41€0.005m€0.1m▲
Cash at bank and in hand54/58€499€0.02m▲
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.2m▼
Equity10/15€0.4m€0.4m▲
Contributions10/11€0.2m€0.2m=
Revaluation surpluses12€0.06m€0.04m▼
Profit (loss) carried forward14€0.09m€0.2m▲
Amounts payable17/49€1.2m€0.8m▼
Amounts payable after more than one year17€1.1m€0.7m▼
Financial debts170/4€1.1m€0.7m▼
Other amounts payable178/9€0.002m€0.002m=
Amounts payable within one year42/48€0.04m€0.2m▲
Current portion of amounts payable after more than one year42€0.04m€0.04m▲
Trade debts44€0.002m€0.002m▲
Suppliers440/4€0.002m€0.002m▲
Taxes, remuneration and social security45€0.002m€0.008m▲
Taxes450/3€0.002m€0.008m▲
Other amounts payable47/48€0.001m€0.1m▲
Accrued charges and deferred income492/3-€0.001m
Income statement Code20242025
Non-recurring operating income76A-€0.3m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m€0.03m▼
Other operating charges640/8€0.007m€0.006m▼
Non-recurring operating charges66A€0.004m€0▼
Gross operating margin9900€0.1m€0.3m▲
Operating profit (loss)9901€0.05m€0.3m▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€0.04m€0.02m▼
Recurring financial charges65€0.04m€0.02m▼
Profit (loss) for the period before taxes9903€0.02m€0.3m▲
Income taxes67/77€0.002m€0.07m▲
Profit (loss) for the period9904€0.01m€0.2m▲
Profit (loss) for the period to be appropriated9905€0.01m€0.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.09m€0.3m▲
Profit (loss) brought forward from the previous period14P€0.08m€0.09m▲
Profit to be distributed694/7-€0.1m
Return on contributions (dividend)694-€0.1m
Social balance sheet
Average headcount (FTE)90870.00.0=

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022202320242025Change
Non-recurring operating income76A-€8,315€44,204€0-€281,633-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36,601€17,017€34,888€37,115€42,011€28,818▼ 31.4%
Other operating charges640/8-€2,186€3,295€7,975€7,055€5,825▼ 17.4%
Non-recurring operating charges66A----€3,821€0▼ 100%
Gross operating margin9900€192,222€136,767€82,113€68,087€103,931€327,646▲ 215%
Operating profit (loss)9901€155,307€117,564€43,930€22,997€51,045€293,003▲ 474%
Financial income75/76B-€3,011€0€298€0--
Recurring financial income75-€3,011€0€298€0--
Financial charges65/66B-€33,567€43,483€30,123€35,377€23,151▼ 34.6%
Recurring financial charges65€19,230€33,567€43,483€30,123€35,377€23,151▼ 34.6%
Profit (loss) for the period before taxes9903€136,077€87,008€448-€6,828€15,667€269,852▲ 17×
Income taxes67/77€33,979€21,881€0€90€2,409€67,517▲ 28×
Profit (loss) for the period9904€102,099€65,127€448-€6,917€13,258€202,335▲ 15×
Profit (loss) for the period to be appropriated9905€102,099€65,127€448-€6,917€13,258€202,335▲ 15×
Line202020212022202320242025Change
Assets
Total assets20/58€1.4m€1.2m€2.1m€1.9m€1.5m€1.2m▼ 18.5%
Fixed assets21/28€0.4m€1.1m€1.3m€1.4m€1.5m€1.1m▼ 27.5%
Tangible fixed assets22/27€0.4m€1.1m€1.3m€1.4m€1.5m€1.1m▼ 27.5%
Land and buildings22-€1.1m€1.3m€1.4m€1.5m€1.1m▼ 27.5%
Current assets29/58€1.0m€0.1m€0.8m€0.6m€0.005m€0.1m▲ 26×
Stocks and contracts in progress3€0.7m€0€0.8m€0.6m€0--
Stocks30/36-€0€0.8m€0.6m€0--
Contracts in progress37-€0-----
Amounts receivable within one year40/41€0.09m€0.02m€0-€0.005m€0.1m▲ 24×
Trade receivables40-€0.02m€0----
Other amounts receivable41----€0.005m€0.1m▲ 24×
Cash at bank and in hand54/58€0.2m€0.09m€0.03m€0.003m€499€0.02m▲ 43×
Deferred charges and accrued income490/1-€57€483€0---
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.2m€2.1m€1.9m€1.5m€1.2m▼ 18.5%
Equity10/15€0.2m€0.3m€0.3m€0.3m€0.4m€0.4m▲ 16.5%
Contributions10/11-€0.2m€0.2m€0.2m€0.2m€0.2m=
Revaluation surpluses12---€0.06m€0.06m€0.04m▼ 36.9%
Profit (loss) carried forward14€0.02m€0.09m€0.09m€0.08m€0.09m€0.2m▲ 87.6%
Amounts payable17/49€1.2m€0.9m€1.8m€1.6m€1.2m€0.8m▼ 29.2%
Amounts payable after more than one year17€0.8m€0.8m€1.8m€1.6m€1.1m€0.7m▼ 41.5%
Financial debts170/4-€0.8m€1.8m€1.6m€1.1m€0.7m▼ 41.6%
Other amounts payable178/9---€0.002m€0.002m€0.002m=
Amounts payable within one year42/48€0.3m€0.08m€0.06m€0.04m€0.04m€0.2m▲ 286%
Current portion of amounts payable after more than one year42--€0.03m€0.03m€0.04m€0.04m▲ 2.4%
Trade debts44€0.2m€0.008m€0.003m€0.003m€0.002m€0.002m▲ 34.8%
Suppliers440/4-€0.008m€0.003m€0.003m€0.002m€0.002m▲ 34.8%
Taxes, remuneration and social security45-€0.02m€0.02m€0€0.002m€0.008m▲ 212%
Taxes450/3-€0.02m€0.02m€0€0.002m€0.008m▲ 212%
Other amounts payable47/48-€0.04m€0€0.001m€0.001m€0.1m▲ 218×
Accrued charges and deferred income492/3-€0---€0.001m-
Line202020212022202320242025Change
Profit (loss) for the period9904€102,099€65,127€448-€6,917€13,258€202,335▲ 15×
+ Depreciation and write-downs630€36,601€17,017€34,888€37,115€42,011€28,818▼ 31.4%
Operating cash flow (approximation)€138,699€82,143€35,335€30,197€55,270€231,153▲ 318%
Investment in fixed assets (approximation)--€705,277-€278,347-€74,519-€199,000€391,751-
Change in cash--€69,896-€53,219-€29,079-€2,637€21,003-

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

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2025 abbreviated format 04-06-2026 2026-00136683
31-12-2024 abbreviated format 19-06-2025 2025-00153294
31-12-2023 abbreviated format 28-06-2024 2024-00181887
31-12-2022 abbreviated format 08-08-2023 2023-00322172
31-12-2021 abbreviated format 27-06-2022 2022-20102423
31-12-2020 abbreviated format 10-03-2021 2021-07300127

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.