LDB
InactiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 24-07-2026 at the NBB all 3 filings
Turnover
≈ €130,000
Estimated: probably between €75,000 and €230,000
Total assets
€10,564▼ 71.8%
2024 · €37,428
Net result
-€26,339
2024 · €3,337
Working capital
-€55,555▼ 81.8%
2024 · -€30,551
Trend over the years
2023 to 2025, 3 financial years
The operating result for 2025 is a loss of €24,413, after a profit of €5,531 in 2024. It is the lowest result since 2023.
Operating result-€24,413
2025
Net result-€26,339
2025
Total assets€10,564
2025
Equity-€47,394
2025
Debt€57,958
2025
Working capital-€55,555
2025
Staff (FTE)1.8
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Operating result-€24,193-€5,531-€24,413
Net result-€26,392-€3,337-€26,339
Equity-€24,392--€21,055▲ 13.7%-€47,394▼ 125%
Total assets€3,100-€37,428▲ 12×€10,564▼ 71.8%
Debt€27,492-€58,484▲ 113%€57,958▼ 0.9%
Working capital-€27,307--€30,551▼ 11.9%-€55,555▼ 81.8%
Staff (FTE)4.4-1.8▼ 59.1%1.8=
Turnover and EBIT margin are not published. The micro 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 €10,564
Fixed assets
€8,160 ▼ 14.1%
Current assets
€2,404 ▼ 91.4%
Equity and liabilities
Equity-€47,394
Debt€57,958
Equity is negative. Debt (€57,958) exceeds the balance-sheet total (€10,564).
Key figures and ratios
EBITDA
-€23,077▼
2024 · €6,618
Cash flow
-€25,004▼
2024 · €4,424
Solvency
-448.7%▼
2024 · -56.3%
Current ratio
0.04▼
2024 · 0.48
ROA
-249.3%▼
2024 · 8.9%
Interest coverage
-11.98▼
2024 · 3.02
Debt ≤ 1 year
€57,958▼
2024 · €58,484
Staff costs
€49,381▼
2024 · €72,056
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €37,646 | €72,056 | €49,381 | ▼ 31.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,098 | €1,087 | €1,336 | ▲ 22.8% |
| Other operating charges640/8 | €3,099 | €4,589 | €4,867 | ▲ 6.1% |
| Gross operating margin9900 | €17,649 | €83,264 | €31,171 | ▼ 62.6% |
| Operating profit (loss)9901 | -€24,193 | €5,531 | -€24,413 | - |
| Financial charges65/66B | €1,877 | €2,194 | €1,926 | ▼ 12.2% |
| Recurring financial charges65 | €1,877 | €2,194 | €1,926 | ▼ 12.2% |
| Profit (loss) for the period before taxes9903 | -€26,070 | €3,337 | -€26,339 | - |
| Income taxes67/77 | €322 | - | - | - |
| Profit (loss) for the period9904 | -€26,392 | €3,337 | -€26,339 | - |
| Profit (loss) for the period to be appropriated9905 | -€26,392 | €3,337 | -€26,339 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €3,100 | €37,428 | €10,564 | ▼ 71.8% |
| Fixed assets21/28 | €2,915 | €9,496 | €8,160 | ▼ 14.1% |
| Tangible fixed assets22/27 | €2,800 | €3,381 | €2,045 | ▼ 39.5% |
| Plant, machinery and equipment23 | €1,160 | €837 | €514 | ▼ 38.6% |
| Furniture and vehicles24 | €1,640 | €2,544 | €1,531 | ▼ 39.8% |
| Financial fixed assets28 | €115 | €6,115 | €6,115 | = |
| Current assets29/58 | €185 | €27,933 | €2,404 | ▼ 91.4% |
| Amounts receivable within one year40/41 | €162 | €88 | €425 | ▲ 381% |
| Other amounts receivable41 | €162 | €88 | €425 | ▲ 381% |
| Cash at bank and in hand54/58 | €23 | €27,723 | €1,979 | ▼ 92.9% |
| Deferred charges and accrued income490/1 | - | €122 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €3,100 | €37,428 | €10,564 | ▼ 71.8% |
| Equity10/15 | -€24,392 | -€21,055 | -€47,394 | ▼ 125% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€26,392 | -€23,055 | -€49,394 | ▼ 114% |
| Amounts payable17/49 | €27,492 | €58,484 | €57,958 | ▼ 0.9% |
| Amounts payable within one year42/48 | €27,492 | €58,484 | €57,958 | ▼ 0.9% |
| Trade debts44 | €22,613 | €24,627 | €1,082 | ▼ 95.6% |
| Suppliers440/4 | €22,613 | €24,627 | €1,082 | ▼ 95.6% |
| Taxes, remuneration and social security45 | €1,105 | €10,266 | - | - |
| Taxes450/3 | €414 | €762 | - | - |
| Remuneration and social security454/9 | €691 | €9,504 | - | - |
| Other amounts payable47/48 | €3,774 | €23,591 | €56,876 | ▲ 141% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€26,392 | €3,337 | -€26,339 | - |
| + Depreciation and write-downs630 | €1,098 | €1,087 | €1,336 | ▲ 22.8% |
| Operating cash flow (approximation) | -€25,294 | €4,424 | -€25,004 | - |
| Investment in fixed assets (approximation) | - | -€7,668 | €0 | - |
| Change in cash | - | €27,699 | -€25,744 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.