Skip to content

LEDEGANCK MATTHIAS

Active
Private limited companyfounded 2017active for 8 yearsHogeschuurstraat 12, 8850 Ardooie, BelgiumKBO/BCE: BE 0683.662.928
Summary

LEDEGANCK MATTHIAS has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €184,128 and a net result of €41,790. Equity is growing by about 28% per year across the filed financial years. Its solvency ranks better than 24% of 34,590 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€827,156total assets 2025
Equity
€184,128
Profit
€41,790
Turnover not published (micro format)
Financial health
82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Accounts 4 days early1 of 3 deeds read
Why 82raises riskSector: Specialised construction activities (NACE 43)Figures for financial year 2025 (filed 04-11-2025)lowers riskSize: total assets €827,156Liquidity: current ratio 1.22, cash €111,822Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 49% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency 47+5
equity 22.3% of total assets
Liquidity 53-16
short-term debt 32.2% · cash 13.5%
Profitability 75+10
return on assets 5.1%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,603 companies, NACE 43, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025 11-2025: 0.7%▲ +0.3 percentage points vs 10-2025highest value 12-2025: 0.2%▼ -0.5 percentage points vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026lowest value 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026 10-2026: 0.5%▲ +0.2 percentage points vs 09-2026
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.22, compared with 2.06 in 2024, below the usual 1.5; short-term debt: 32.2% and cash: 13.5% of total assets), and 77.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 24% on solvency, 48% on liquidity, 49% on profitability and 74% on growth.

The bankruptcy probability was computed on 22-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €827,156
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Figures for financial year 2025 (filed 04-11-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.22, cash €111,822
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 34590 sector peers (2025).
NBB · sector comparison
Position among 34590 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-10-2025, 4 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
4 days early
2024
2 days early
2023
4 days early
2022
7 days late
2021
5 days early
2020
33 days early
2019
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 10 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 27 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end22-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2019 to 2025net €41,790 ▲74.6%
  3. Equity above €150,000equity €184,128 ▲29.4%

Key points

  • Positive: Among the best 18% on net resultsector median €10,244 · 34,577 companies €41,790 View
  • Positive: 7 profitable years in a rowprofit 2025: €41,790 7 years View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2025
Total assets
€827,156
Profit
€41,790
Solvency
22.3%
Total assets▼ 4.0%
Net result
20192025
Go to Financials

Timeline

Events
12
Since
2019
Next accounts
by 31-10-2026
  1. 29-10-2024Annual accounts filed
  2. 26-09-2024Resignation: LEDEGANCK Matthias (director)
  3. 27-10-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
24-10-2017
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
20
Who signs
Each director alone
Annual meeting
First Friday of September at 20:00
Purpose
“Alle elektrische en elektrotechnische werken, plaatsingen, herstellingen en onderhoud in…” (deed in Dutch)
Go to Articles of association

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.