Equity
€88,751 from €262,678 in 2021
Equity fell by 66% in 4 years.
LDX
Lifetime
7 annual accounts with figures on one time axispeak €257,020 (2020)
€54,370▲ 567%
lowest -€108,869 (2022)
€8,301▲ €65,190
peak €262,678 (2021)
€88,751▲ 10.3%
€33,358▼ 52.7%
peak 1.4 FTE (2022)
0.1 FTE▼ 87.5%
Board1 name since 2019
1 directorRuben Lodewijckx
Documentsfilings and deeds
28-09-202659 days late
2025abbreviated format
Gross margin from €8,154 to €54,370Back to profit: €8,301Staff from 0.8 FTE to 0.1 FTEDebts from €70,517 to €33,358Cash from €5,495 to €2,030
Key points
from the 2025 annual accountsResult
€8,301 €8,301
Back in profit in 2025, after a loss of €56,888 in 2024.
Turnover
≈ €290,000 estimated
The accounts state no turnover.
Liquidity
3.47 was 1.71 in 2024
Short-term debts fell from €69,220 to €33,358.
Filings
7 annual accounts 7 late
The 2020 accounts came latest: 82 days after the end of the period.
Position in the sector
72.7%
Higher solvency than 81% of companies in specialised construction. Sector median 44.0% · 9,967 companies.
Checked score
54
Fair
Financially stronger than 55% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.8%
01-2025: 2.8%● unchanged vs 12-2024
02-2025: 2.8%● unchanged vs 01-2025
03-2025: 2.7%▼ -0.1 percentage points vs 02-2025
04-2025: 2.4%▼ -0.3 percentage points vs 03-2025
05-2025: 2.4%● unchanged vs 04-2025
06-2025: 2.4%● unchanged vs 05-2025
07-2025: 2.5%▲ +0.1 percentage points vs 06-2025
08-2025: 3.1%▲ +0.6 percentage points vs 07-2025
09-2025: 3.2%▲ +0.1 percentage points vs 08-2025
10-2025: 3.8%▲ +0.6 percentage points vs 09-2025
11-2025: 3.8%● unchanged vs 10-2025
12-2025: 3.8%● unchanged vs 11-2025
01-2026: 3.7%▼ -0.1 percentage points vs 12-2025
02-2026: 3.7%● unchanged vs 01-2026
03-2026: 3.7%● unchanged vs 02-2026
04-2026: 3.7%● unchanged vs 03-2026
05-2026: 3.5%▼ -0.2 percentage points vs 04-2026
06-2026: 3.4%▼ -0.1 percentage points vs 05-2026
07-2026: 3.5%▲ +0.1 percentage points vs 06-2026
08-2026: 4.2%▲ +0.7 percentage points vs 07-2026
09-2026: 4.3%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 2.2%▼ -2.1 percentage points vs 09-2026lowest value
11-2026: 2.2%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 59 days late; 3 of the last 3 accounts late
Size: 0.1 FTE, total assets €122,109
Sector: Specialised construction activities (NACE 43)
Founded in 2019
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 79% of them on solvency, 31% on liquidity, 54% on profitability and 56% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as LDX has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LDX itself is higher: 2.2% within 12 months. It rests on far more data about LDX than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for LDX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.47 (1.71 in 2024), above the usual 1.5. Short-term debt is 27.3% and cash 1.7% of total assets. 27.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises risk
raises risk · 2025 accounts filed 59 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filingsDeviation from the deadline
2025
59 days late
2024
47 days late
2023
78 days late
2022
65 days late
2021
54 days late
2020
82 days late
2019
80 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 66 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Change of role: Ruben Lodewijckx, from manager to director
Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0717600060
Incorporation
Appointment: LODEWIJCKX Ruben (manager) · Founder: LODEWIJCKX Ruben · Founding capital of €2,500, 100 shares · published on 07-01-2019 · Gazette deed
First establishment
Lindestraat 43, Kortenaken
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LDX Kortenaken | €122,109 | €54,370 | 72.7% | 0.1 |
| CLAT engineering Wetteren | €126,152 | €47,008 | 55.4% | 0 |
| Cousto Invest Beersel | €120,763 | €20,896 | -86.3% | 0 |
| DDR Bâtiment Berchem-Sainte-Agathe | €187,522 | €75,212 | 74.9% | 0.2 |
| MONABO CONSTRUCT Brussels | €136,315 | €22,872 | 57.7% | 0.5 |
| Li VE Malmedy | €218,173 | €100,498 | 24.2% | 0 |
| T.D.A. CONCEPT Jette | €261,623 | €53,999 | 68.9% | 0 |
These companies have the same main activity as LDX: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €121,000 and €262,000, founded between 2015 and 2020.
Official details
Source: KBO- Status
- Active since 03-01-2019Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 2 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.283.365.2513471 Kortenaken, since 03-01-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 31-10-2023
Insights on LDX
LDX files the abbreviated format. That format states no turnover. The gross margin fell from €71,822 in 2019 to €54,370 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LDX
- What is the company number of LDX?
- The company number of LDX is 0717.600.060. The VAT number is the same number with BE in front: BE 0717.600.060.
- Where is LDX based?
- The registered office is at Lindestraat 43, 3471 Kortenaken.Company details
- What does LDX do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of LDX?
- LDX is a private limited company (BV).
- When was LDX founded?
- LDX was founded on 03-01-2019.
- Is LDX still active?
- Yes, LDX is an active enterprise in the KBO register.
- How many employees does LDX have?
- LDX had an average of 0.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does LDX fall under?
- In its 2025 annual accounts, LDX states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of LDX?
- The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €54,370 and 90 comparable companies (NACE 43990). It probably lies between €190,000 and €540,000.
- Is LDX profitable?
- In financial year 2025, LDX made a profit of €8,301.
- Where can I find the annual accounts of LDX?
- LDX filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LDX due?
- LDX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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