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LDB-IMMO

Judicial reorganisation Public limited companyfounded 1992active for 33 yearsVrijheidslaan 154, 1080 Molenbeek-Saint-JeanKBO/BCE: BE 0448.895.709

Information for creditors

French-language Enterprise Court of Brussels · Official Gazette of 03-07-2019

Opened on 26 June 2019 · moratorium passed on 6 August 2019

Steps, deadlines and articles of law

The procedure

Track
Reorganisation by transfer under court supervision
Docket number
20180007
Moratorium until
6 August 2019 (passed, unless a later judgment extended it)
Delegated judge
Reginald D’Hoop De Synghem
Official Gazette
03-07-2019search the document for 2019/135489

Steps for a creditor

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. A court officer sells the business or part of it. Creditors are paid from the proceeds, according to their ranking.
  3. What you deliver after the opening is not covered by the moratorium. Agree clear payment terms for it.
  4. The file is in RegSol, where you can read the documents of the procedure.

The judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

Follow Follow this reorganisation and you are notified of an extension, the court's approval, the closure or a bankruptcy.

This is general information, not legal advice. If in doubt, your lawyer or your accountant can help.

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Lifetime

19 annual accounts with figures on one time axis, 32 filings since 1994
peak €529,240 (2019)
-€6,595▼ €30,270
lowest -€267,587 (2015)
-€38,980▼ €27,807
peak €966,356 (2014)
€146,997▼ 21.0%
€712,828▲ 1.9%
peak 1 FTE (2007)
-not published
Board2 names since 1992
Documentsfilings and deeds
02-02-20262 days late
2025micro format
Gross margin from €23,675 to -€6,595Loss of €38,980Resignation: Manelle JEBIRA (director) 19-05Equity from €185,977 to €146,997Cash from €332 to €459

Key points

from the 2025 annual accounts

Equity

€146,997 from €966,356 in 2014

Equity fell by 85% in 11 years.

Losses

-€116,347 in three years
-66,1952023-11,1722024-38,9802025

Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.

Debts

€712,828 83% of the balance sheet
2025 accounts filed 2 days after the deadlineReorganisation running: about 1 in 4 bankrupt within the yearTurnover not published (micro format)

Checked score

20
Critical
Without a bankruptcy probability, the score rests on the figures alone.

Bankruptcy probability within 12 months

Judicial reorganisation

About 1 in 4 comparable companies went bankrupt within the year

A judicial reorganisation is open. There is then no bankruptcy probability from the figures. Of every Belgian company in an open or failed reorganisation, 25% to 26% went bankrupt within twelve months (measured in 2024 and 2025).

Financial strength
Weak

42-4equity 17.1% of total assets
5-2short-term debt 82.9% · cash 0.1%
13-54return on assets -4.5%

Credit verdict

No credit on open account during an ongoing judicial reorganisation

Liquidity is insufficient, with a current ratio of 0.03 (0.03 in 2024), below 1. Short-term debt is 82.9% and cash 0.1% of total assets. 82.9% of the assets are financed with debt and provisions.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Three signals.
raises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€38,980
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX of the Code of Economic Law). The company is restructuring.
Belgian Official Gazette
raises risk · 2025 accounts filed 2 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
2 days late
2024
11 days late
2023
28 days late
2022
20 days late
2021
28 days late
2020
2 days early
2019
14 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 10 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 20 February (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DB
Managing director
Board & ownership

Recent changes

Resignation: Manelle JEBIRA (director) Gazette deed
Publication in the Belgian Official Gazette Gazette deed
1 director appointed, 2 reappointments Appointment: JEBIRA Manelle · Reappointments: DE BRABANTER Louise (managing director) and JEBIRA Manelle · General meeting of 06-05-2022 · Gazette deed
Extension French-language Enterprise Court of Brussels · court-supervised transfer · judgment of 26-06-2019 · Judicial reorganisation
All 43 events

Official details

Source: KBO
Status
Active since 08-12-1992Judicial reorganisation since 26-06-2019, moratorium until 06-08-2019 · normal situation in the KBO register
Registered office
13 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
“La société peut notamment sans que cette énumération soit limitative,acheter,vendre,échanger,prendre ou donner en location…” (deed in French)From the articles, 4 activitiesNo NACE code in the KBO yet
Financial year end
30 June
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 30-06-2025

€859,825▼ 2.9%
Filing
Filed on 02-02-2026
Financials

Insights on LDB-IMMO

LDB-IMMO files the micro format. That format states no turnover. The gross margin fell from €95,906 in 2007 to -€6,595 in 2025.

The balance sheet grew most from 2008 to 2010 through fixed assets, financed with long-term debt.

In May 2022, the Official Gazette published the appointment of DE BRABANTER Louise as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about LDB-IMMO

What is the company number of LDB-IMMO?
The company number of LDB-IMMO is 0448.895.709. The VAT number is the same number with BE in front: BE 0448.895.709.
Where is LDB-IMMO based?
The registered office is at Vrijheidslaan 154, 1080 Molenbeek-Saint-Jean.Company details
What is the legal form of LDB-IMMO?
LDB-IMMO is a public limited company (NV).
When was LDB-IMMO founded?
LDB-IMMO was founded on 08-12-1992.
Is LDB-IMMO still active?
Yes, LDB-IMMO is in the KBO register. A judicial reorganisation is running.
What is the turnover of LDB-IMMO?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is LDB-IMMO profitable?
In financial year 2025, LDB-IMMO made a loss of €38,980.
Where can I find the annual accounts of LDB-IMMO?
LDB-IMMO filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LDB-IMMO due?
LDB-IMMO must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

Next steps

Keep this company with today's facts in a case file.