LDBG
ActiveSummary
LDBG has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.73M and a net result of €396k. Equity is growing by ~33.4% per year across the filed fiscal years. Its solvency ranks better than 17% of 3187 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability47▲+2
Solvency39▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity tight (current ratio 1.0 against 1.26 in 2024; short-term debt: 5% and cash: 3.7% of total assets), and 86.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.7%
Return on assets
3.1%
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 3187 sector peers (2025).
NBB · sector comparisonPosition among 3187 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-11-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
29 d late
2024
2 d early
2023
29 d late
2022
23 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€396k▲ 13.6%
2024 · €349k
2022: €561k
2023: €421k
2024: €349k
2022 → 2025
Working capital
€2k▼ 98.4%
2024 · €98k
2022: €-16k
2023: €-134k
2024: €98k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€564k-€985k▲ 74.5%€1.33M▲ 35.4%€1.73M▲ 29.7%
Operating result€1.13M-€901k▼ 20.0%€802k▼ 11.0%€863k▲ 7.6%
Net result€561k-€421k▼ 25.1%€349k▼ 17.1%€396k▲ 13.6%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 8% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.65M
Fixed assets
€12.01M ▼ 1.0%
Current assets
€633k ▲ 31.6%
Equity and liabilities €12.65M
Equity
€1.73M ▲ 29.7%
Provisions
€3.77M ▼ 1.6%
Debt
€7.14M ▼ 4.1%
Debt's share of the balance-sheet total falls from 59.0% to 56.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€983k▲
2024 · €923k
Cash flow
€516k▲
2024 · €470k
Current ratio
1.00▼
2024 · 1.26
Debt to equity
4.13▼
2024 · 5.58
ROE
22.9%▼
2024 · 26.2%
ROA
3.1%▲
2024 · 2.8%
Interest coverage
2.90▲
2024 · 2.69
Debt ≤ 1 year
€631k▲
2024 · €383k
Debt > 1 year
€6.49M▼
2024 · €7.06M
Income taxes
€128k▲
2024 · €110k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€12.61M€12.65M▲
Fixed assets21/28€12.13M€12.01M▼
Tangible fixed assets22/27€11.62M€11.50M▼
Land and buildings22€11.35M€11.28M▼
Plant, machinery and equipment23€267k€212k▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€516k€516k=
Current assets29/58€481k€633k▲
Amounts receivable within one year40/41€50k€156k▲
Trade receivables40€50k€156k▲
Cash at bank and in hand54/58€424k€463k▲
Deferred charges and accrued income490/1€6k€13k▲
Equity and liabilities
Total equity and liabilities10/49€12.61M€12.65M▲
Equity10/15€1.33M€1.73M▲
Contributions10/11€3k€3k=
Reserves13€185k€383k▲
Tax-exempt reserves132€185k€383k▲
Profit (loss) carried forward14€1.15M€1.34M▲
Provisions and deferred taxes16€3.83M€3.77M▼
Provisions for liabilities and charges160/5€3.83M€3.77M▼
Pensions and similar obligations160€125k€125k=
Other liabilities and charges164/5€3.71M€3.65M▼
Amounts payable17/49€7.45M€7.14M▼
Amounts payable after more than one year17€7.06M€6.49M▼
Financial debts170/4€793k€635k▼
Other amounts payable178/9€6.27M€5.85M▼
Amounts payable within one year42/48€383k€631k▲
Current portion of amounts payable after more than one year42€159k€158k▼
Trade debts44€31k€28k▼
Suppliers440/4€31k€28k▼
Taxes, remuneration and social security45€88k€29k▼
Taxes450/3€88k€24k▼
Remuneration and social security454/9-€5k
Other amounts payable47/48€104k€417k▲
Accrued charges and deferred income492/3€1k€23k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€121k€120k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-58k€-61k▼
Other operating charges640/8€26k€33k▲
Gross operating margin9900€890k€955k▲
Operating profit (loss)9901€802k€863k▲
Financial charges65/66B€342k€339k▼
Recurring financial charges65€342k€339k▼
Profit (loss) for the period before taxes9903€459k€524k▲
Income taxes67/77€110k€128k▲
Profit (loss) for the period9904€349k€396k▲
Transfer to tax-exempt reserves689€185k€198k▲
Profit (loss) for the period to be appropriated9905€164k€198k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.15M€1.34M▲
Profit (loss) brought forward from the previous period14P€982k€1.15M▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
29-11
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 29 days late
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial
Weakest financial yearnet €349k ▼17.1%
Net result drops to €349k, the lowest in the series; recovery starts the following year.
31-03
Financial
Equity above €1MEq €1.33M ▲35.4%
3 profitable years in a row build equity to €1.33M.
2023
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2022
23-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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-Pieters-Woluwe · 1 establishment unit since 2020
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.
Tervurenlaan 4021150 Sint-Pieters-WoluweGround area
4,483 m²
Building footprint
617 m²
Volume, LiDAR
5,970 m³
Parcel 21682C0142/00A004, Brussels · tallest building 18.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LDBG
since 20202.306.209.741
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21682C0142/00A004 | Brussels | 4,483 m² | 1 · 617 m² | 18.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
PIETERS MANAGEMENT
BE 0695.921.550
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PRADO EUROPE
BE 0732.546.374
Nieuwpoort · Eq €1,729,547
HARVEST IMAGING
BE 0899.708.553
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BOONEN
BE 0440.470.664
Mortsel · Eq €1,729,317
SIVIMO
BE 0894.479.065
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 21,825 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-07-2020
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:salomelindenberg@gmail.com