LDA Concepts
ActiveSummary
LDA Concepts has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€53,990) and a net result of €280. Equity is growing by ~33.7% per year across the filed fiscal years. Its solvency ranks better than 17% of 2071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▲+3
Solvency21=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.37 against 0.1 in 2024; short-term debt: 10.5% and cash: 0.7% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-3.9%
Return on assets
0%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 2071 sector peers (2025).
NBB · sector comparisonPosition among 2071 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 05-12-2025, 35 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
35 d late
2024
on the day
2023
1 d early
2022
7 d early
2021
33 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 30 October (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close30-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€53,990▲ 0.5%
2024 · -€54,270
Total assets
€1.4m▼ 1.5%
2024 · €1.4m
Net result
€280
2024 · -€33,523
Working capital
-€92,908▲ 35.3%
2024 · -€143,689
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 85, Education, 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
Line20212022202320242025
Operating result-€112,073--€36,483▲ 67.4%€148,022-€26,499€8,621
Net result-€123,140below the sector's middle half--€44,082below the sector's middle half▲ 64.2%€140,275above the sector's middle half-€33,523below the sector's middle half€280within the sector's middle half
Equity-€116,940below the sector's middle half--€161,022below the sector's middle half▼ 37.7%-€20,747below the sector's middle half▲ 87.1%-€54,270below the sector's middle half▼ 162%-€53,990below the sector's middle half▲ 0.5%
Total assets€1.7mabove the sector's middle half-€1.6mabove the sector's middle half▼ 5.1%€1.5mabove the sector's middle half▼ 5.8%€1.4mabove the sector's middle half▼ 5.6%€1.4mabove the sector's middle half▼ 1.5%
Debt€1.8m-€1.8m▼ 2.3%€1.5m▼ 13.3%€1.5m▼ 3.3%€1.5m▼ 1.4%
Working capital-€1.5mbelow the sector's middle half--€1.4mbelow the sector's middle half▲ 2.3%-€1.2mbelow the sector's middle half▲ 14.3%-€143,689below the sector's middle half▲ 88.2%-€92,908below the sector's middle half▲ 35.3%
Solvency-6.9%below the sector's middle half--10.1%below the sector's middle half▼ 3.1pp-1.4%below the sector's middle half▲ 8.7pp-3.8%below the sector's middle half▼ 2.4pp-3.9%below the sector's middle half=
Current ratio0.01below the sector's middle half-0.01below the sector's middle half▲ 0.010.01below the sector's middle half▼ 0.010.10below the sector's middle half▲ 0.100.37below the sector's middle half▲ 0.26
Return on assets (ROA)-7.3%below the sector's middle half--2.8%below the sector's middle half▲ 4.6pp9.3%within the sector's middle half▲ 12.1pp-2.4%below the sector's middle half▼ 11.7pp0.0%within the sector's middle half▲ 2.4pp
above
within
below
the middle half (P25 to P75) of NACE 85, Education, 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
The operating result returns to profit in 2025: €8,621 after a loss of €26,499 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€1.3m ▼ 4.1%
Current assets
€53,903 ▲ 220%
Key figures and ratios
EBITDA
€104,920▲
2024 · €68,139
Cash flow
€96,579▲
2024 · €61,115
Quick ratio
0.36▲
2024 · 0.10
Debt to equity
-26.91▲
2024 · -27.16
Interest coverage
12.56▲
2024 · 9.86
Debt ≤ 1 year
€146,811▼
2024 · €160,535
Debt > 1 year
€1.3m▼
2024 · €1.3m
Income taxes
€128▲
2024 · €127
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 457 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- negative equity
- a profit under 5% of the balance sheet
0.7%
went bankrupt
2.0%
stopped otherwise
97%
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 0.3% 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%.
| 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 457 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €179,554 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €182,474 | €93,669 | €92,443 | €94,638 | €96,299 | ▲ 1.8% |
| Other operating charges640/8 | - | €4,509 | €4,851 | €12,072 | €8,275 | ▼ 31.5% |
| Gross operating margin9900 | €75,168 | €61,696 | €245,316 | €80,211 | €113,195 | ▲ 41.1% |
| Operating profit (loss)9901 | -€112,073 | -€36,483 | €148,022 | -€26,499 | €8,621 | ▲ 133% |
| Financial income75/76B | - | €6 | €59 | €17 | €143 | ▲ 747% |
| Recurring financial income75 | €110 | €6 | €59 | €17 | €143 | ▲ 747% |
| Financial charges65/66B | - | €7,606 | €7,691 | €6,914 | €8,355 | ▲ 20.8% |
| Recurring financial charges65 | €11,177 | €7,606 | €7,691 | €6,914 | €8,355 | ▲ 20.8% |
| Profit (loss) for the period before taxes9903 | -€123,140 | -€44,082 | €140,390 | -€33,397 | €408 | ▲ 101% |
| Income taxes67/77 | - | - | €115 | €127 | €128 | ▲ 0.9% |
| Profit (loss) for the period9904 | -€123,140 | -€44,082 | €140,275 | -€33,523 | €280 | ▲ 101% |
| Profit (loss) for the period to be appropriated9905 | -€123,140 | -€44,082 | €140,275 | -€33,523 | €280 | ▲ 101% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.7m | €1.6m | €1.5m | €1.4m | €1.4m | ▼ 1.5% |
| Fixed assets21/28 | €1.7m | €1.6m | €1.5m | €1.4m | €1.3m | ▼ 4.1% |
| Tangible fixed assets22/27 | €1.7m | €1.6m | €1.5m | €1.4m | €1.3m | ▼ 4.1% |
| Plant, machinery and equipment23 | - | - | €10,282 | €7,556 | €32,801 | ▲ 334% |
| Furniture and vehicles24 | - | €3,481 | €11,543 | €7,557 | €12,369 | ▲ 63.7% |
| Other tangible fixed assets26 | - | €1.6m | €1.5m | €1.4m | €1.3m | ▼ 6.3% |
| Current assets29/58 | €13,064 | €20,707 | €7,810 | €16,846 | €53,903 | ▲ 220% |
| Stocks and contracts in progress3 | - | - | - | €1,207 | €1,268 | ▲ 5.1% |
| Stocks30/36 | - | - | - | €1,207 | €1,268 | ▲ 5.1% |
| Amounts receivable within one year40/41 | €10,489 | €18,774 | €6,381 | €1,755 | €40,709 | ▲ 2,220% |
| Trade receivables40 | - | €18,533 | €6,346 | €1,550 | €39,417 | ▲ 2,443% |
| Other amounts receivable41 | - | €241 | €35 | €205 | €1,292 | ▲ 530% |
| Cash at bank and in hand54/58 | €2,575 | €1,331 | €1,429 | €10,857 | €10,413 | ▼ 4.1% |
| Deferred charges and accrued income490/1 | - | €602 | €0 | €3,027 | €1,513 | ▼ 50.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.7m | €1.6m | €1.5m | €1.4m | €1.4m | ▼ 1.5% |
| Equity10/15 | -€116,940 | -€161,022 | -€20,747 | -€54,270 | -€53,990 | ▲ 0.5% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€123,140 | -€167,222 | -€26,947 | -€60,470 | -€60,190 | ▲ 0.5% |
| Amounts payable17/49 | €1.8m | €1.8m | €1.5m | €1.5m | €1.5m | ▼ 1.4% |
| Amounts payable after more than one year17 | €332,964 | €316,344 | €299,427 | €1.3m | €1.3m | ▼ 0.6% |
| Financial debts170/4 | - | €316,344 | €299,427 | €1.3m | €1.3m | ▼ 0.6% |
| Amounts payable within one year42/48 | €1.5m | €1.4m | €1.2m | €160,535 | €146,811 | ▼ 8.5% |
| Current portion of amounts payable after more than one year42 | - | €16,620 | €16,916 | €24,409 | €33,589 | ▲ 37.6% |
| Financial debts43 | - | €1,938 | €0 | €5,805 | €3,391 | ▼ 41.6% |
| Credit institutions430/8 | - | €1,938 | €0 | €5,805 | €3,391 | ▼ 41.6% |
| Trade debts44 | €19,333 | €12,412 | €21,333 | €7,036 | €27,613 | ▲ 292% |
| Suppliers440/4 | - | €12,412 | €21,333 | €7,036 | €27,613 | ▲ 292% |
| Advances received on contracts in progress46 | - | - | - | - | €21,489 | - |
| Taxes, remuneration and social security45 | - | €3,833 | €1,305 | €1,095 | €1,291 | ▲ 17.9% |
| Taxes450/3 | - | €3,833 | €1,305 | €1,095 | €1,291 | ▲ 17.9% |
| Other amounts payable47/48 | - | €1.4m | €1.2m | €122,190 | €59,439 | ▼ 51.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€123,140 | -€44,082 | €140,275 | -€33,523 | €280 | ▲ 101% |
| + Depreciation and write-downs630 | €182,474 | €93,669 | €92,443 | €94,638 | €96,299 | ▲ 1.8% |
| Operating cash flow (approximation) | €59,333 | €49,587 | €232,718 | €61,115 | €96,579 | ▲ 58.0% |
| Investment in fixed assets (approximation) | - | €0 | -€12,650 | -€1,126 | -€38,411 | ▼ 3,313% |
| Change in cash | - | -€1,244 | €98 | €9,428 | -€444 | ▼ 105% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
05-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 35 days late
31-03
Financial
Back to profitnet €280
Net result €280 after one loss-making year.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €140,275
Net result €140,275 after 2 loss-making years.
2022
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Sint-Martens-Latem · 1 establishment unit since 2019
Ground area
758 m²
Building footprint
734 m²
Volume, LiDAR
4,449 m³
Parcel 44015B0371/00M000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Deurle's Paardenhotel
since 20192.287.559.809
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44015B0371/00M000 | Flanders | 758 m² | 1 · 734 m² | 9.0 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Martens-Latem2.287.559.809
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 13,509 companies in sector 85510 we hold annual accounts for 722. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-04-2019
Fiscal year end31-03
Activities, NACEBEL 2025
85510Sports and recreation education
86999Other human health activities
01430Raising of horses and other equines
93199Other sports activities
96995Pet boarding
Contact
Website
www.deurlespaardenhotel.beSint-Martens-Latem
E-mail
deurles.paardenhotel@telenet.beSint-Martens-Latem
Phone
0474591340Sint-Martens-Latem
Fax
092228567Sint-Martens-Latem
E-invoicing
Reachable via Peppol
Peppol ID
0208:0723869824
Also
9925:BE0723869824
Registered
18-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.