LDK Bouw

Active

Private limited companyfounded 20206 yrs activeVogelzanglaan(Kor) 16, 8500 Kortrijk, BelgiumKBO/BCE: BE 0743.520.737

The computed 12-month bankruptcy probability of LDK Bouw is 2.3% (moderate). The 2024 annual accounts show equity of €153k and a net result of €21k. Equity is growing by ~27.5% per year across the filed fiscal years. Its solvency ranks better than 49% of 36373 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

62 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability61▼-20

Solvency71▲+5

Growth52=

Track record100

Bankruptcy probability, 12 months

2.3% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €9k at 30 days acceptable

Liquidity ample (current ratio 2.21 against 2.22 in 2023; short-term debt: 29.1% and cash: 21.9% of total assets), but 54.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four 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

Higher-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

on the day

2023

17 d late

2022

13 d early

2021

46 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, micro schema

Equity

€153k▲ 15.6%

2023 · €133k

2021: €52k 2022: €102k 2023: €133k

2021 → 2024

Total assets

€334k▲ 2.3%

2023 · €327k

2021: €156k 2022: €242k 2023: €327k

2021 → 2024

Net result

€21k▼ 32.9%

2023 · €31k

2021: €51k 2022: €50k 2023: €31k

2021 → 2024

Working capital

€118k▲ 16.8%

2023 · €101k

2021: €58k 2022: €74k 2023: €101k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€52k-€102k▲ 95.1%€133k▲ 30.2%€153k▲ 15.6%

Operating result€71k-€68k▼ 4.3%€43k▼ 37.0%€44k▲ 3.1%

Net result€51k-€50k▼ 2.1%€31k▼ 38.0%€21k▼ 32.9%

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

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 3% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €334k

35.7%

64.3%

Fixed assets €119k▼ 16.7%

Current assets €215k▲ 17.2%

Equity and liabilities €334k

45.9%

54.1%

Equity €153k▲ 15.6%

Debt €181k▼ 6.7%

The debt ratio falls from 59.4% to 54.1%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€77k▲

2023 · €53k

Cash flow

€53k▲

2023 · €40k

Solvency

45.9%▲

2023 · 40.6%

Current ratio

2.21▼

2023 · 2.22

Quick ratio

1.88▲

2023 · 1.50

Debt / equity

1.18▼

2023 · 1.46

ROE

13.5%▼

2023 · 23.2%

ROA

6.2%▼

2023 · 9.4%

Interest coverage

4.12▼

2023 · 8.28

Debt

€181k▼

2023 · €194k

Debt ≤ 1 year

€97k▲

2023 · €83k

Debt > 1 year

€83k▼

2023 · €111k

Income taxes

€5k▼

2023 · €6k

Staff costs

€129k▲

2023 · €102k

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€327k€334k▲

Fixed assets21/28€143k€119k▼

Tangible fixed assets22/27€141k€117k▼

Land and buildings22-€909

Plant, machinery and equipment23€136k€113k▼

Furniture and vehicles24€5k€3k▼

Financial fixed assets28€2k€2k=

Current assets29/58€183k€215k▲

Stocks and contracts in progress3€59k€32k▼

Stocks30/36€14k€12k▼

Contracts in progress37€46k€20k▼

Amounts receivable within one year40/41€94k€103k▲

Trade receivables40€63k€92k▲

Other amounts receivable41€30k€11k▼

Cash at bank and in hand54/58€16k€73k▲

Deferred charges and accrued income490/1€14k€6k▼

Equity and liabilities

Total equity and liabilities10/49€327k€334k▲

Equity10/15€133k€153k▲

Contributions10/11€2k€2k=

Reserves13€131k€152k▲

Distributable reserves133€131k€152k▲

Amounts payable17/49€194k€181k▼

Amounts payable after more than one year17€111k€83k▼

Financial debts170/4€111k€83k▼

Amounts payable within one year42/48€83k€97k▲

Current portion of amounts payable after more than one year42€20k€28k▲

Trade debts44€36k€57k▲

Suppliers440/4€36k€57k▲

Taxes, remuneration and social security45€24k€10k▼

Taxes450/3€14k€2k▼

Remuneration and social security454/9€11k€8k▼

Other amounts payable47/48€2k€3k▲

Accrued charges and deferred income492/3-€449

Income statement Code20232024

Remuneration, social security and pensions62€102k€129k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€33k▲

Other operating charges640/8€4k€2k▼

Non-recurring operating charges66A€2k-

Gross operating margin9900€160k€208k▲

Operating profit (loss)9901€43k€44k▲

Financial income75/76B€25€261▲

Recurring financial income75€25€261▲

Financial charges65/66B€6k€19k▲

Recurring financial charges65€6k€19k▲

Profit (loss) for the period before taxes9903€37k€26k▼

Income taxes67/77€6k€5k▼

Profit (loss) for the period9904€31k€21k▼

Profit (loss) for the period to be appropriated9905€31k€21k▼

Appropriation of the result

Profit (loss) to be appropriated9906€31k€21k▼

Transfer to equity691/2€31k€21k▼

To other reserves6921€31k€21k▼

The notes to these accounts (7 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 7Financial 3Filings 4

2025

31-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €21k ▼32.9%

Net result drops to €21k, the lowest in the series.

31-12

Financial Equity above €150kEq €153k ▲15.6%

4 profitable years in a row build equity to €153k.

17-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 17 days late

2023

18-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Equity above €100kEq €102k ▲95.1%

2 profitable years in a row build equity to €102k.

15-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

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

Directors · office · real estate

Directors

2 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, Kortrijk · 1 establishment unit since 2020

establishment The establishment unit 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.

Vogelzanglaan(Kor) 168500 Kortrijk

Ground area

248 m²

Building footprint

78 m²

Volume, LiDAR

681 m³

Parcel 34352C0426/00V002, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

LDK BOUW

Vogelzanglaan(Kor) 16, 8500 KortrijkGeneral construction of buildings

since 20202.301.540.675

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
34352C0426/00V002	Flanders	248 m²	1 · 78 m²	12.0 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.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 139 EUR awarded · 139 EUR paid

Year	Entries	awarded	paid
2023	1	139 EUR	139 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 139 EUR · 139 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

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BE 0797.568.741

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LDP IMMO CONCEPT

BE 0676.402.873

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DC TOITURES

BE 0799.933.165

Liège · Eq €153k

Of 8,563 companies in sector 43410 we hold annual accounts for 4,355. 3,741 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded11-02-2020

Fiscal year end31-12

Activities, NACEBEL

43410Roofing work

43240Other construction installation

43299Specialised construction activities

43350Other building finishing work

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.