LDBO
ActiveLDBO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €64k. Equity is shrinking by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 36% of 18039 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency43▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.95 against 0.95 in 2024; short-term debt: 47.7% and cash: 6.9% of total assets), and 81.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
18.2%
Return on assets
57.3%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-05-2026, 73 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
73 d early
2024
32 d early
2023
41 d early
2022
31 d early
2021
6 d early
2020
32 d early
2019
90 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€20k=
2024 · €20k
2018: €18k
2019: €35k
2020: €43k
2021: €80k
2022: €22k
2023: €20k
2024: €20k
2018 → 2025
Total assets
€113k▼ 14.8%
2024 · €132k
2018: €38k
2019: €47k
2020: €54k
2021: €133k
2022: €139k
2023: €111k
2024: €132k
2018 → 2025
Net result
€64k▼ 30.6%
2024 · €93k
2018: €11k
2019: €18k
2020: €8k
2021: €24k
2022: €19k
2023: €57k
2024: €93k
2018 → 2025
Working capital
€-3k▼ 19.7%
2024 · €-2k
2018: €16k
2019: €35k
2020: €41k
2021: €69k
2022: €15k
2023: €16k
2024: €-2k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€80k-€22k▼ 72.0%€20k▼ 8.5%€20k=€20k=
Operating result€32k-€25k▼ 21.1%€75k▲ 200%€130k▲ 74.7%€93k▼ 28.8%
Net result€24k-€19k▼ 22.9%€57k▲ 207%€93k▲ 62.7%€64k▼ 30.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €113k
Fixed assets
€62k▼ 24.8%
Current assets
€51k▲ 1.5%
Equity and liabilities €113k
Equity
€20k=
Debt
€92k▼ 17.6%
The debt ratio falls from 84.5% to 81.8%. Debt is lower.
Key figures and ratios
EBITDA
€119k▼
2024 · €149k
Cash flow
€90k▼
2024 · €111k
Solvency
18.2%▲
2024 · 15.5%
Current ratio
0.95▼
2024 · 0.95
Quick ratio
0.73▲
2024 · 0.72
Debt / equity
4.50▼
2024 · 5.46
ROE
315.0%▼
2024 · 453.7%
ROA
57.3%▼
2024 · 70.3%
Interest coverage
45.43▼
2024 · 99.41
Debt
€92k▼
2024 · €112k
Debt ≤ 1 year
€54k▲
2024 · €52k
Debt > 1 year
€38k▼
2024 · €59k
Income taxes
€26k▼
2024 · €36k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€132k€113k▼
Fixed assets21/28€82k€62k▼
Tangible fixed assets22/27€82k€62k▼
Furniture and vehicles24€82k€62k▼
Current assets29/58€50k€51k▲
Stocks and contracts in progress3€12k€11k▼
Stocks30/36€12k€11k▼
Amounts receivable within one year40/41€19k€27k▲
Trade receivables40€15k€22k▲
Other amounts receivable41€4k€4k▲
Cash at bank and in hand54/58€16k€8k▼
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€132k€113k▼
Equity10/15€20k€20k=
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€0€0=
Amounts payable17/49€112k€92k▼
Amounts payable after more than one year17€59k€38k▼
Financial debts170/4€59k€38k▼
Amounts payable within one year42/48€52k€54k▲
Current portion of amounts payable after more than one year42€22k€21k▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€21k€19k▼
Taxes450/3€21k€19k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€6k€12k▲
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€26k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€152k€122k▼
Operating profit (loss)9901€130k€93k▼
Financial income75/76B€167€172▲
Recurring financial income75€167€172▲
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€129k€90k▼
Income taxes67/77€36k€26k▼
Profit (loss) for the period9904€93k€64k▼
Profit (loss) for the period to be appropriated9905€93k€64k▼
Appropriation of the result
Profit (loss) to be appropriated9906€93k€64k▼
Profit (loss) brought forward from the previous period14P€0-
Profit to be distributed694/7€93k€64k▼
Return on contributions (dividend)694€93k€64k▼
The notes to these accounts (16 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
2026
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €93k ▲62.7%
Operating result €130k, net result €93k, both a record.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €8k ▼56.2%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 4.00
Current ratio from 1.82 to 4.00; short-term debt falls from €20k to €12k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Thuin · 1 establishment unit since 2018
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.
Rue de Gozée(BST) 16531 ThuinGround area
1,798 m²
Building footprint
80 m²
Volume, LiDAR
351 m³
Parcel 56010B0317/00D000, Wallonia · tallest building 5.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LDBO
since 20182.273.612.989
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56010B0317/00D000 | Wallonia | 1,798 m² | 1 · 80 m² | 5.6 m · 2 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
Well Share
BE 0688.817.685
Assesse · Eq €20k
MEDI-EASY
BE 0749.827.123
Nandrin · Eq €21k
AUDIOCY'BEL
BE 0728.958.463
Sint-Agatha-Berchem · Eq €21k
PRAKTIJK NAENEN
BE 0781.756.256
Boechout · Eq €21k
HELIXEAR
BE 0656.684.852
Sint-Jans-Molenbeek · Eq €20k
Of 1,070 companies in sector 47741 we hold annual accounts for 644. 321 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-01-2018
Fiscal year end31-12
Activities, NACEBEL
32500Manufacture of medical and dental instruments and supplies
47740Retail trade
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
46180Agents specialised in the wholesale of other particular products
46460Wholesale of pharmaceutical and medical goods
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.