LDB SERVICES
Annual accounts 2025
micro format, filed on 08-06-2026, 53 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €270,000. Estimated: probably between €210,000 and €350,000.
Balance sheet
balance sheet total €548,631 on 31-12-2025in euro
in euro
Position in the sector
43.4%
Higher than 40% of 11,794 companies in 2025.
0.92
Higher than 18% of 11,521 companies in 2025.
7.2%
Higher than 40% of 11,605 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
548,631 | 594,442 | 627,222 | 466,081 | 397,544 | 364,790 | 389,314 | 229,145 | 68,851 | |
21/28 |
423,240 | 486,491 | 501,723 | 370,154 | 332,563 | 320,544 | 347,406 | 154,166 | 45,185 | |
22/27 |
422,743 | 485,948 | 501,187 | 369,649 | 332,086 | 320,047 | 346,935 | 154,029 | 45,141 | |
22 |
183,760 | 189,595 | 195,430 | 201,265 | 207,100 | 212,935 | 218,770 | - | - | |
23 |
52,919 | 59,879 | 5,184 | 6,164 | 7,145 | 6,510 | 1,469 | 558 | 630 | |
24 |
148,945 | 196,375 | 257,493 | 116,158 | 68,799 | 96,642 | 122,105 | 149,823 | 44,511 | |
26 |
806 | 1,437 | 2,067 | 2,698 | 3,329 | 3,960 | 4,591 | 3,649 | - | |
27 |
36,313 | 38,663 | 41,013 | 43,363 | 45,713 | - | - | - | - | |
28 |
497 | 543 | 536 | 506 | 477 | 497 | 471 | 137 | 45 | |
29/58 |
125,391 | 107,951 | 125,499 | 95,927 | 64,981 | 44,247 | 41,908 | 74,980 | 23,666 | |
3 |
- | - | 20,076 | - | - | - | - | 2,040 | 3,146 | |
30/36 |
- | - | 20,076 | - | - | - | - | 2,040 | 3,146 | |
40/41 |
49,312 | 62,503 | 57,470 | 20,285 | 2,283 | 28,834 | 29,704 | 60,818 | 3,505 | |
40 |
11,737 | 47,324 | 44,811 | 16,835 | - | 28,781 | 27,386 | 34,842 | 1,690 | |
41 |
37,575 | 15,180 | 12,659 | 3,450 | 2,283 | 52 | 2,318 | 25,975 | 1,816 | |
54/58 |
59,520 | 30,556 | 35,859 | 40,042 | 55,184 | 5,639 | 1,481 | 7,159 | 14,298 | |
490/1 |
16,559 | 14,892 | 12,094 | 35,599 | 7,514 | 9,774 | 10,722 | 4,963 | 2,717 | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
548,631 | 594,442 | 627,222 | 466,081 | 397,544 | 364,790 | 389,314 | 229,145 | 68,851 | |
10/15 |
238,350 | 243,830 | 196,301 | 191,915 | 162,712 | 105,263 | 60,068 | 66,970 | 21,617 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | |
13 |
224,760 | 230,260 | 182,760 | 178,460 | 149,260 | 91,860 | 46,860 | 46,860 | 1,860 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | |
133 |
224,760 | 230,260 | 182,760 | 176,600 | 147,400 | 90,000 | 45,000 | 45,000 | - | |
14 |
-5,010 | -5,030 | -5,059 | -5,145 | -5,148 | -5,197 | -5,392 | 1,510 | 1,157 | |
17/49 |
310,281 | 350,612 | 430,921 | 274,166 | 234,832 | 259,527 | 329,246 | 162,176 | 47,234 | |
17 |
173,138 | 244,840 | 275,812 | 183,674 | 165,146 | 177,997 | 218,242 | 44,480 | 25,614 | |
170/4 |
173,138 | 244,840 | 275,812 | 183,674 | 165,146 | 177,997 | 218,242 | 44,480 | 25,614 | |
42/48 |
136,517 | 104,778 | 154,529 | 89,554 | 69,116 | 65,178 | 110,320 | 117,108 | 20,974 | |
42 |
71,702 | 69,947 | 63,296 | 45,986 | 37,850 | 40,245 | 41,092 | 17,567 | 8,593 | |
44 |
10,674 | 11,215 | 30,248 | 15,831 | 14,216 | 7,886 | 10,038 | 79,687 | 3,756 | |
440/4 |
10,674 | 11,215 | 30,248 | 15,831 | 14,216 | 7,886 | 10,038 | 79,687 | 3,756 | |
45 |
9,141 | 23,617 | 15,985 | 27,736 | 17,050 | 15,275 | 19,863 | 19,854 | 8,625 | |
450/3 |
9,141 | 20,636 | 13,050 | 24,862 | 14,196 | 12,425 | 19,863 | 19,854 | 6,277 | |
454/9 |
- | 2,981 | 2,935 | 2,874 | 2,853 | 2,850 | - | - | 2,348 | |
47/48 |
45,000 | - | 45,000 | - | - | 1,772 | 39,327 | - | - | |
492/3 |
626 | 993 | 580 | 938 | 569 | 16,353 | 684 | 588 | 646 | |
| Income statement | ||||||||||
76A |
- | - | 3 | 5,500 | - | - | - | - | - | |
9900 |
134,378 | 144,672 | 121,536 | 92,687 | 119,008 | 101,495 | 38,391 | 97,069 | 21,723 | |
630 |
76,108 | 71,031 | 36,598 | 44,072 | 37,063 | 36,713 | 36,567 | 30,104 | 14,655 | |
640/8 |
3,173 | 2,775 | 1,990 | 998 | 825 | 888 | 577 | 387 | 450 | |
66A |
- | - | - | - | - | - | 3,895 | - | - | |
9901 |
55,097 | 70,865 | 82,948 | 47,618 | 81,120 | 63,894 | -2,648 | 66,578 | 6,619 | |
75/76B |
15 | 1 | 2 | 0 | 1 | - | 1 | 9 | 6 | |
75 |
15 | 1 | 2 | 0 | 1 | - | 1 | 9 | 6 | |
65/66B |
7,765 | 9,194 | 3,636 | 4,389 | 4,032 | 4,080 | 4,255 | 1,431 | 1,607 | |
65 |
7,765 | 9,194 | 3,636 | 4,389 | 4,032 | 4,080 | 4,255 | 1,431 | 1,607 | |
9903 |
47,347 | 61,672 | 79,314 | 43,228 | 77,089 | 59,814 | -6,902 | 65,156 | 5,017 | |
67/77 |
7,828 | 14,143 | 29,928 | 14,026 | 19,640 | 14,619 | - | 19,803 | 2,000 | |
9904 |
39,519 | 47,529 | 49,386 | 29,202 | 57,449 | 45,195 | -6,902 | 45,353 | 3,017 | |
9905 |
39,519 | 47,529 | 49,386 | 29,202 | 57,449 | 45,195 | -6,902 | 45,353 | 3,017 | |
| Appropriation of the result | ||||||||||
9906 |
34,490 | 42,470 | 44,241 | 24,055 | 52,252 | 39,803 | -5,392 | 46,510 | 3,017 | |
14P |
-5,030 | -5,059 | -5,145 | -5,148 | -5,197 | - | - | - | - | |
791/2 |
45,000 | - | 45,000 | - | - | - | - | - | - | |
691/2 |
39,500 | 47,500 | 49,300 | 29,200 | 57,400 | 45,000 | - | 45,000 | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | 1,860 | |
6921 |
39,500 | 47,500 | 49,300 | 29,200 | 57,400 | 45,000 | - | 45,000 | - | |
694/7 |
45,000 | - | 45,000 | - | - | - | - | - | - | |
694 |
45,000 | - | 45,000 | - | - | - | - | - | - | |
| Document | ||||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 08-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 08-06-2026 | 2026-00141977 | |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00327733 | |
| 31-12-2023 | micro format | 26-07-2024 | 2024-00286760 | |
| 31-12-2022 | micro format | 18-08-2023 | 2023-00333835 | |
| 31-12-2021 | micro format | 29-07-2022 | 2022-20243030 | |
| 31-12-2020 | micro format | 26-08-2021 | 2021-53300422 | |
| 31-12-2019 | micro format | 02-10-2020 | 2020-57900190 | |
| 31-12-2018 | micro format | 22-07-2019 | 2019-35200296 | |
| 31-12-2017 | micro format | 05-07-2018 | 2018-28400062 |
Subsidies and aid
Flemish government 2022 to 2025, 4 entries, €4,859 awarded, €4,684 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €350 | €250 |
| 2024 | 1 | €1,254 | €1,382 |
| 2023 | 1 | €1,302 | €1,099 |
| 2022 | 1 | €1,953 | €1,953 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| 131,206 | 141,896 | 119,546 | 91,690 | 118,183 | 100,607 | 33,919 | 96,682 | 21,273 | ||
| 115,627 | 118,560 | 85,984 | 73,274 | 94,512 | 81,908 | 29,665 | 75,456 | 17,672 | ||
| 12,903 | 55,798 | 168,164 | 81,663 | 49,101 | 9,850 | 229,807 | 139,084 | 59,840 | ||
| 28,964 | -5,303 | -4,184 | -15,142 | 49,545 | 4,158 | -5,678 | -7,139 | - | ||
| -11,126 | 3,173 | -29,030 | 6,373 | -4,135 | -20,931 | -68,412 | -42,128 | 2,692 | ||
| 43.4% | 41.0% | 31.3% | 41.2% | 40.9% | 28.9% | 15.4% | 29.2% | 31.4% | ||
| 0.92 | 1.03 | 0.81 | 1.07 | 0.94 | 0.68 | 0.38 | 0.64 | 1.13 | ||
| 0.92 | 1.03 | 0.68 | 1.07 | 0.94 | 0.68 | 0.38 | 0.62 | 0.98 | ||
| 1.30 | 1.44 | 2.20 | 1.43 | 1.44 | 2.47 | 5.48 | 2.42 | 2.19 | ||
| 16.6% | 19.5% | 25.2% | 15.2% | 35.3% | 42.9% | -11.5% | 67.7% | 14.0% | ||
| 7.2% | 8.0% | 7.9% | 6.3% | 14.5% | 12.4% | -1.8% | 19.8% | 4.4% | ||
| 16.90 | 15.43 | 32.88 | 20.89 | 29.31 | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €12,903 | €55,792 | €168,134 | €81,635 | €49,101 |
| Financial fixed assets | - | €6 | €31 | €28 | - |
| €76,108 | €71,031 | €36,598 | €44,072 | €37,063 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on LDB SERVICES
The operating result for 2025 is 22% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 59.0% to 56.6%. Equity and debt are lower.