Skip to content

LDM Boat Design

Active
Rue de Gawday 107+ ·5300 Andenne, Belgium
KBO/BCE: BE 0779.324.229
Watch Print / PDF
Full dossier in preparation

Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

Process with priority Sign in free to move this company to the front.
Age4 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of LDM Boat Design is 2.1% (moderate). The 2024 annual accounts show equity of €187k and a net result of €13k. Equity is growing by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 82% of 692 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Signals

2 signals · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 82% of 692 peers (2024). A comfortable equity buffer.
View the sector comparison
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.1% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€13k
Working capital€138k+40.2%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 23-11-2025 with the NBB · fiscal year 2024 · micro
€-50k€0€50k€100k€150kOperating result 2022: €142k€142kNet result 2022: €112k€112kOperating result 2023: €-24k€-24kNet result 2023: €-25k€-25kOperating result 2024: €16k€16kNet result 2024: €13k€13k202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~15.8%/year over 3 fiscal years, indicative, assuming unchanged policy.
€100k€150k€200k€250k2025: €209k (€194k - €224k)2026: €232k (€217k - €247k)2027: €254k (€239k - €269k)2022: €142k2023: €117k2024: €187k202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 25 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 69.5% 39.3%
better than 82% of 692 sector peers
Net result €13k €13k
better than 51% of 691 sector peers
Equity €187k €37k
better than 90% of 692 sector peers
Gross operating margin €24k €39k
better than 35% of 690 sector peers
Total assets €269k €111k
better than 78% of 692 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P82
2022: P52 · n=4262023: P45 · n=5802024: P82 · n=6922022 2024
Improving position over 2022-2024 · n=426-692
Net result P51
2022: P95 · n=4262023: P6 · n=5762024: P51 · n=6912022 2024
Weakening position over 2022-2024 · n=426-691
Equity P90
2022: P87 · n=4262023: P84 · n=5802024: P90 · n=6922022 2024
Stable position over 2022-2024 · n=426-692
Gross operating margin P35
2022: P87 · n=4252023: P24 · n=5752024: P35 · n=6902022 2024
Weakening position over 2022-2024 · n=425-690
Describes the position versus peers, not a forecast.
EBITDA
€24k
- +18% vs sector
Net profit
€13k
- ≈ vs sector
Cash flow
€21k
- +18% vs sector
Total assets
€269k
-21.0% +72% vs sector
Equity
€187k
+60.1% far above sector median
Working capital
€138k
+40.2% far above sector median
Income taxes
€4k
-86.9% +95% vs sector
Dividends
€29k
- ≈ vs sector
Debt
€82k
-63.3% +46% vs sector
Debt ≤ 1y
€82k
-62.9% +174% vs sector
Current ratio
2.68
+85.5% +60% vs sector
Quick ratio
2.16
+61.2% +29% vs sector
Solvency
69.5%
+102.6% +72% vs sector
Debt / equity
0.44
-77.1% -70% vs sector
ROE
7.1%
- -88% vs sector
ROA
4.9%
- -65% vs sector
Interest coverage
22.05
- -11% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€24k
Net profit€13k
Cash flow€21k
Staff costs-
Income taxes€4k
Dividends€29k
Total assets€269k
Equity€187k
Debt€82k
of which ≤ 1y€82k
of which > 1y-
Working capital€138k
Employees (FTE)-
Ratios (computed)
2024
Current ratio2.68
Quick ratio2.16
Working capital ratio51.3%
Solvency69.5%
Debt / equity0.44
Long-term debt ratio-
Interest coverage22.05
Gross margin-
Net margin-
ROA4.9%
ROE7.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€269k
Fixed assets 21/28€49k
Tangible fixed assets 22/27€49k
Financial fixed assets 28€52
Current assets 29/58€220k
Stocks & contracts in progress 3€43k
Amounts receivable within one year 40/41€108k
Investments 50/53€34k
Cash & bank 54/58€33k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€269k
Equity 10/15€187k
Contributions / capital 10/11€30k
Reserves 13€155k
Accumulated profits (losses) 14€2k
Amounts payable 17/49€82k
Amounts payable within one year 42/48€82k
Trade debts payable within one year 44€55k
Income statement
Gross operating margin 9900€24k
Operating result 9901€16k
Financial income 75€2k
Financial charges 65€1k
Result before taxes 9903€17k
Income taxes 67/77€4k
Net result for the period 9904€13k
Result to be appropriated 9905€13k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
94 / 100 Excellent
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register

Establishment units

1 location
Rue de Gawday 107+, 5300 Andenne
Vervaardiging van andere tanks, reservoirs en bergingsmiddelen, van metaal
since 20222.325.530.359
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,098 m²
Buildings1
Building footprint66 m²

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92081A0051/00K002 Wallonia 1,098 m² 1 · 66 m² -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health94Profitability35Solvency100Growth52Stability94
75 / 100

Exceptional profile, strong across almost every axis.

Health 94
Profitability 35
Solvency 100
Growth 52
Stability 94

Ask AI about this company

Checked AI

Soon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.

TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soon

AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Same sector, ranked by comparable size

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Vervaardiging van andere tanks, reservoirs en bergingsmiddelen, van metaal25220Vervaardiging van andere tanks, reservoirs en bergingsmiddelen, van metaal25290Vervaardiging van overige artikelen van metaal, n.e.g.25999Vervaardiging van overige producten van metaal, neg25999Bouw van schepen en drijvend materieel30110Bouw van civiele schepen en drijvend materieel30110Bouw van plezier- en sportvaartuigen30120Bouw van plezier- en sportvaartuigen30120Vervaardiging van andere transportmiddelen, n.e.g.30990Vervaardiging van andere transportmiddelen, neg30990Reparatie en onderhoud van schepen33150Reparatie en onderhoud van civiele schepen33150
Primary activity highlighted.
Names & trade names
Legal nameFR LDM Boat Design
Registered office
Rue de Gawday 107+
5300 Andenne, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.