LD-SIGN
ActiveLD-SIGN has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80k and a net result of €-10k. Equity is growing by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 94% of 27787 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▼-86
Solvency100▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 11.87 against 3.68 in 2024; short-term debt: 8.3% and cash: 54.6% of total assets), and 8.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
17 d early
2023
29 d late
2022
34 d early
2021
34 d early
2020
15 d early
2019
9 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€80k▼ 11.3%
2024 · €90k
2018: €-19k
2019: €43k
2020: €75k
2021: €62k
2022: €40k
2023: €70k
2024: €90k
2018 → 2025
Total assets
€87k▼ 28.3%
2024 · €122k
2018: €48k
2019: €72k
2020: €105k
2021: €103k
2022: €82k
2023: €83k
2024: €122k
2018 → 2025
Net result
€-10k
2024 · €20k
2018: €18k
2019: €62k
2020: €31k
2021: €-13k
2022: €-22k
2023: €30k
2024: €20k
2018 → 2025
Working capital
€79k▼ 6.7%
2024 · €84k
2018: €-19k
2019: €41k
2020: €39k
2021: €34k
2022: €20k
2023: €58k
2024: €84k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€62k-€40k▼ 35.7%€70k▲ 75.3%€90k▲ 29.3%€80k▼ 11.3%
Operating result€-12k-€-21k▼ 73.0%€32k€29k▼ 7.6%€-11k
Net result€-13k-€-22k▼ 76.2%€30k€20k▼ 31.9%€-10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11k after €29k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €87k
Fixed assets
€1k▼ 76.6%
Current assets
€86k▼ 25.8%
Equity and liabilities €87k
Equity
€80k▼ 11.3%
Debt
€7k▼ 77.0%
The debt ratio falls from 25.8% to 8.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-6k▼
2024 · €36k
Cash flow
€-6k▼
2024 · €27k
Solvency
91.7%▲
2024 · 74.2%
Current ratio
11.87▲
2024 · 3.68
Quick ratio
10.58▲
2024 · 3.32
Debt / equity
0.09▼
2024 · 0.35
ROE
-12.7%▼
2024 · 22.6%
ROA
-11.7%▼
2024 · 16.8%
Interest coverage
-20.18▼
2024 · 69.62
Debt
€7k▼
2024 · €32k
Debt ≤ 1 year
€7k▼
2024 · €32k
Income taxes
€56▼
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€122k€87k▼
Fixed assets21/28€6k€1k▼
Tangible fixed assets22/27€6k€1k▼
Plant, machinery and equipment23€4k€0▼
Furniture and vehicles24€808€322▼
Other tangible fixed assets26€1k€1k▼
Current assets29/58€116k€86k▼
Stocks and contracts in progress3€11k€9k▼
Stocks30/36€11k€9k▼
Amounts receivable within one year40/41€100k€28k▼
Trade receivables40€89k€6k▼
Other amounts receivable41€10k€22k▲
Cash at bank and in hand54/58€3k€48k▲
Deferred charges and accrued income490/1€2k€620▼
Equity and liabilities
Total equity and liabilities10/49€122k€87k▼
Equity10/15€90k€80k▼
Contributions10/11€50k€50k=
Reserves13€12k€12k=
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€28k€18k▼
Amounts payable17/49€32k€7k▼
Amounts payable within one year42/48€32k€7k▼
Trade debts44€29k€3k▼
Suppliers440/4€29k€3k▼
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3€2k€4k▲
Other amounts payable47/48€239€0▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A-€75
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€5k▼
Other operating charges640/8€618€704▲
Non-recurring operating charges66A€55€0▼
Gross operating margin9900€37k€-6k▼
Operating profit (loss)9901€29k€-11k▼
Financial income75/76B€414€939▲
Recurring financial income75€414€939▲
Financial charges65/66B€518€309▼
Recurring financial charges65€518€309▼
Profit (loss) for the period before taxes9903€29k€-10k▼
Income taxes67/77€9k€56▼
Profit (loss) for the period9904€20k€-10k▼
Profit (loss) for the period to be appropriated9905€20k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€18k▼
Profit (loss) brought forward from the previous period14P€8k€28k▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Liquidity triplescurrent ratio 11.87
Current ratio from 3.68 to 11.87; short-term debt falls from €32k to €7k.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €30k
Net result €30k after 2 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 5.33
Current ratio from 1.49 to 5.33; short-term debt falls from €42k to €13k.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €62k ▲238%
Operating result €63k, net result €62k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.42
Current ratio from 0.72 to 2.42; short-term debt falls from €67k to €29k.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Kortrijk · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sasboslaan(Bel) 108510 KortrijkGround area
7,507 m²
Building footprint
445 m²
Volume, LiDAR
1,688 m³
Parcel 34005B0213/00D005, Flanders · tallest building 7.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
LD-Sign
since 20112.202.431.916
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34005B0213/00D005 | Flanders | 7,507 m² | 1 · 445 m² | 7.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
HIGH IMPACT PROJECTMANAGEMENT
BE 0778.591.185
Lier · Eq €80k
Eltrix
BE 1016.650.763
Essen · Eq €80k
ELC-Technics
BE 0747.884.945
Gavere · Eq €80k
J.T.S.
BE 0885.896.446
Kapelle-op-den-Bos · Eq €80k
ELECTRO JS
BE 0782.373.591
Brussel · Eq €80k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,328. 8,798 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-07-2011
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
68121Development of residential building projects
74104Other professional, scientific and technical activities
74130Interior design
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.