LDX construct
ActiveSummary
The computed 12-month bankruptcy probability of LDX construct is 3.0% (moderate). The 2024 annual accounts show equity of €92k and a net result of €20k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 18% of 36375 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability67▲+10
Solvency40▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity short (current ratio 0.99 against 0.79 in 2023; short-term debt: 28.6% and cash: 8.2% of total assets), and 85.1% 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.
+raises risk○neutral
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
raises risk · 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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
14.9%
Return on assets
3.3%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-09-2025, 48 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
48 d late
2023
56 d late
2022
31 d late
2021
23 d late
2020
48 d late
2019
77 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€92k▲ 27.1%
2023 · €72k
2019: €18k
2020: €50k
2021: €64k
2022: €67k
2023: €72k
2019 → 2024
Total assets
€614k▲ 6.6%
2023 · €576k
2019: €101k
2020: €150k
2021: €584k
2022: €514k
2023: €576k
2019 → 2024
Net result
€20k▲ 269%
2023 · €6k
2019: €16k
2020: €32k
2021: €15k
2022: €3k
2023: €6k
2019 → 2024
Working capital
€-1k▲ 96.4%
2023 · €-30k
2019: €-45k
2020: €6k
2021: €-79k
2022: €-65k
2023: €-30k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€50k-€64k▲ 28.8%€67k▲ 3.4%€72k▲ 8.3%€92k▲ 27.1%
Operating result€44k-€20k▼ 54.8%€12k▼ 37.4%€19k▲ 52.2%€42k▲ 125%
Net result€32k-€15k▼ 53.2%€3k▼ 80.2%€6k▲ 83.5%€20k▲ 269%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 125% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €614k
Fixed assets
€440k ▼ 5.8%
Current assets
€175k ▲ 59.6%
Equity and liabilities €614k
Equity
€92k ▲ 27.1%
Debt
€523k ▲ 3.7%
Debt's share of the balance-sheet total falls from 87.5% to 85.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€74k▲
2023 · €52k
Cash flow
€53k▲
2023 · €38k
Current ratio
0.99▲
2023 · 0.79
Debt to equity
5.71▼
2023 · 6.99
ROE
22.2%▲
2023 · 7.6%
ROA
3.3%▲
2023 · 1.0%
Interest coverage
5.23▲
2023 · 4.44
Debt ≤ 1 year
€176k▲
2023 · €139k
Debt > 1 year
€335k▼
2023 · €365k
Income taxes
€9k▲
2023 · €2k
Staff costs
€56k▼
2023 · €59k
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 · 2024 against 2023 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€576k€614k▲
Fixed assets21/28€467k€440k▼
Tangible fixed assets22/27€467k€440k▼
Land and buildings22€402k€388k▼
Plant, machinery and equipment23€21k€7k▼
Furniture and vehicles24€44k€45k▲
Current assets29/58€109k€175k▲
Amounts receivable after more than one year29-€60k
Other amounts receivable291-€60k
Amounts receivable within one year40/41€80k€62k▼
Trade receivables40€44k€20k▼
Other amounts receivable41€36k€42k▲
Cash at bank and in hand54/58€25k€50k▲
Deferred charges and accrued income490/1€5k€2k▼
Equity and liabilities
Total equity and liabilities10/49€576k€614k▲
Equity10/15€72k€92k▲
Contributions10/11€3k€3k=
Reserves13€70k€89k▲
Distributable reserves133€70k€89k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€504k€523k▲
Amounts payable after more than one year17€365k€335k▼
Financial debts170/4€365k€335k▼
Amounts payable within one year42/48€139k€176k▲
Current portion of amounts payable after more than one year42€92k€121k▲
Trade debts44€37k€38k▲
Suppliers440/4€37k€38k▲
Advances received on contracts in progress46€2k-
Taxes, remuneration and social security45€5k€12k▲
Taxes450/3€4k€11k▲
Remuneration and social security454/9€2k€2k▼
Other amounts payable47/48€2k€5k▲
Accrued charges and deferred income492/3-€12k
Income statement
Code20232024
Remuneration, social security and pensions62€59k€56k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€32k▼
Other operating charges640/8€2k€17k▲
Gross operating margin9900€113k€147k▲
Operating profit (loss)9901€19k€42k▲
Financial income75/76B€126€1k▲
Recurring financial income75€126€1k▲
Financial charges65/66B€12k€14k▲
Recurring financial charges65€12k€14k▲
Profit (loss) for the period before taxes9903€7k€29k▲
Income taxes67/77€2k€9k▲
Profit (loss) for the period9904€6k€20k▲
Profit (loss) for the period to be appropriated9905€6k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€20k▲
Profit (loss) brought forward from the previous period14P€0€0=
Transfer to equity691/2€6k€20k▲
To other reserves6921€6k€20k▲
Profit to be distributed694/7-€800
Return on contributions (dividend)694-€800
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 48 days late
2024
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 56 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €3k ▼80.2%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
17-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 48 days late
2020
31-12
Financial
Highest result since 2019net €32k ▲104%
Operating result €44k, net result €32k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.07
Current ratio from 0.45 to 1.07; short-term debt falls from €82k to €75k.
16-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 77 days late
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, Zoutleeuw · 2 establishment units since 2019
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.
Ketelstraat 11A3440 ZoutleeuwGround area
2,119 m²
Building footprint
268 m²
Volume, LiDAR
1,545 m³
2 parcels, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
LDX Construct
since 20192.288.142.995
Bomgärden open air
since 20232.343.868.012
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24022C0177/00T000 | Flanders | 1,160 m² | 1 · 134 m² | 6.1 m · 2 fl. |
| 24017A0104/00Y000 | Flanders | 959 m² | 1 · 134 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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K&A CONSTRUCT
BE 0695.530.580
Schaarbeek · Eq €91,559
MAT-IMMO
BE 0628.746.674
Charleroi · Eq €91,554
COLLARD PISCINES
BE 0766.259.121
Bertrix · Eq €91,541
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,247 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
Founded03-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:000000000