LDB Projects

Active

Private limited companyfounded 20223 yrs activeNegen Dagwand 4, 9300 Aalst, BelgiumKBO/BCE: BE 0795.242.127

The computed 12-month bankruptcy probability of LDB Projects is 4.6% (elevated). The 2024 annual accounts show negative equity (€-19k) and a net result of €-22k. Its solvency ranks better than 9% of 9039 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

44 / 100

Weak

The score weighs solvency, liquidity and profitability. Negative equity caps the score. The bankruptcy probability (4.6%) counts for 35% and brings the score to 44. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability22▼-14

Solvency20▼-6

Growth32

Track record94

Bankruptcy probability, 12 months

4.6% Elevated

0%0.5%1.5%4%10%≥ 25%

No credit on open account

short-term debt: 0% and cash: 43.9% of total assets, and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

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 2024

Solvency, return and age of the figures

Solvency

-5.3%

Return on assets

-6.1%

Age of the figures

21 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

2324

2023 to 2024 · latest year €-19k

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

45 d early

2023

42 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€-19k

2023 · €3k

2023: €3k

2023 → 2024

Total assets

€356k▼ 6.8%

2023 · €382k

2023: €382k

2023 → 2024

Net result

€-22k▼ 618%

2023 · €-3k

2023: €-3k

2023 → 2024

Working capital

€356k▼ 5.8%

2023 · €378k

2023: €378k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€3k-€-19k

Operating result€-3k-€-22k▼ 635%

Net result€-3k-€-22k▼ 618%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €22k in 2024 against €3k in 2023; the loss grows.

Key figures and ratios

2024 value · change against 2023

Solvency

-5.3%▼

2023 · 0.8%

Debt / equity

-19.98

ROA

-6.1%▼

2023 · -0.8%

Debt

€375k▼

2023 · €379k

Debt ≤ 1 year

€68▼

2023 · €4k

Debt > 1 year

€375k=

2023 · €375k

A ratio outside any meaningful range has been withheld (balance sheet total €356k, equity €-19k).

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€382k€356k▼

Current assets29/58€382k€356k▼

Stocks and contracts in progress3€298k-

Stocks30/36€298k-

Current investments50/53-€200k

Cash at bank and in hand54/58€84k€156k▲

Equity and liabilities

Total equity and liabilities10/49€382k€356k▼

Equity10/15€3k€-19k▼

Contributions10/11€6k€6k=

Profit (loss) carried forward14€-3k€-25k▼

Amounts payable17/49€379k€375k▼

Amounts payable after more than one year17€375k€375k=

Financial debts170/4-€375k

Other amounts payable178/9€375k-

Amounts payable within one year42/48€4k€68▼

Trade debts44€3k€68▼

Suppliers440/4€3k€68▼

Other amounts payable47/48€1k-

Income statement Code20232024

Other operating charges640/8€2k€2k▲

Gross operating margin9900€-1k€-20k▼

Operating profit (loss)9901€-3k€-22k▼

Financial charges65/66B€78€64▼

Recurring financial charges65€78€64▼

Profit (loss) for the period before taxes9903€-3k€-22k▼

Profit (loss) for the period9904€-3k€-22k▼

Profit (loss) for the period to be appropriated9905€-3k€-22k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-3k€-25k▼

Profit (loss) brought forward from the previous period14P-€-3k

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 3Financial 1Filings 2

2025

16-06

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Liquidity times 61current ratio 5220.46

Current ratio from 85.56 to 5220.46; short-term debt falls from €4k to €68.

19-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

18-11-2025 Resigned as Director

Location & real-estate footprint

Registered office, Aalst · 3 establishment units since 2022

establishment All 3 establishment units on the map

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.

Negen Dagwand 49300 Aalst

Ground area

5,564 m²

Building footprint

1,872 m²

Volume, LiDAR

10,662 m³

3 parcels, Flanders · tallest building 16.9 m, ±4 floors. Linked by address, not a title deed.

3 establishment units

ACCENT MULTIBRAND

Negen Dagwand 4, 9300 AalstWholesale of clothing, excluding workwear and underwear

since 20222.339.527.954

ACCENT MULTIBRAND

Noordzandstraat 95, 8000 BruggeWholesale of clothing, excluding workwear and underwear

since 20262.383.002.166

ACCENT MULTIBRAND

Joseph Cardijnstraat 32, 9420 Erpe-MereWholesale of clothing, excluding workwear and underwear

since 20262.388.098.131

3 parcels

Flanders 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
41015B0302/00A000	Flanders	2,997 m²	1 · 1,385 m²	6.7 m · 2 fl.
41304G0160/00K000	Flanders	2,253 m²	1 · 267 m²	8.5 m · 2 fl.
31804D1446/00C000	Flanders	314 m²	1 · 220 m²	16.9 m · 4 fl.