LEDOUX PHILIPPE
ActiveSummary
LEDOUX PHILIPPE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €105,059 and a net result of €40,162. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 48% of 9559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability94▲+19
Solvency77▲+7
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 1.85 against 1.61 in 2024; short-term debt: 44.3% and cash: 69.7% of total assets), and 48% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 20-11-2025, 20 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
20 d late
2024
3 d early
2023
on the day
2022
1 d early
2021
4 d late
2020
4 d early
2019
31 d 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 2 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 31 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close29-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€105,059▲ 25.1%
2024 · €84,005
Total assets
€202,139▲ 9.3%
2024 · €184,965
Net result
€40,162▲ 351%
2024 · €8,908
Working capital
€75,922▲ 54.9%
2024 · €49,005
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€42,332▲ 72.9%-€26,018-€9,655▲ 62.9%€10,146€51,884▲ 411%
Net result€28,119within the sector's middle half▲ 89.3%-€27,899below the sector's middle half-€12,091below the sector's middle half▲ 56.7%€8,908within the sector's middle half€40,162within the sector's middle half▲ 351%
Equity€115,087within the sector's middle half▲ 32.3%€87,188within the sector's middle half▼ 24.2%€75,097within the sector's middle half▼ 13.9%€84,005within the sector's middle half▲ 11.9%€105,059within the sector's middle half▲ 25.1%
Total assets€232,215within the sector's middle half▲ 18.2%€205,637within the sector's middle half▼ 11.4%€236,210within the sector's middle half▲ 14.9%€184,965within the sector's middle half▼ 21.7%€202,139within the sector's middle half▲ 9.3%
Debt€117,128▲ 6.9%€118,449▲ 1.1%€161,113▲ 36.0%€100,961▼ 37.3%€97,080▼ 3.8%
Working capital€99,541within the sector's middle half▲ 67.4%€63,498within the sector's middle half▼ 36.2%€49,196within the sector's middle half▼ 22.5%€49,005within the sector's middle half▼ 0.4%€75,922within the sector's middle half▲ 54.9%
Solvency49.6%within the sector's middle half▲ 5.3pp42.4%within the sector's middle half▼ 7.2pp31.8%within the sector's middle half▼ 10.6pp45.4%within the sector's middle half▲ 13.6pp52.0%within the sector's middle half▲ 6.6pp
Current ratio2.06within the sector's middle half▲ 0.481.89within the sector's middle half▼ 0.171.41within the sector's middle half▼ 0.491.61within the sector's middle half▲ 0.211.85within the sector's middle half▲ 0.23
Return on assets (ROA)12.1%within the sector's middle half▲ 4.6pp-13.6%below the sector's middle half▼ 25.7pp-5.1%below the sector's middle half▲ 8.4pp4.8%within the sector's middle half▲ 9.9pp19.9%within the sector's middle half▲ 15.1pp
Staff (FTE)5.8▼ 3.3%54.8▼ 4.0%4.8=
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
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 three years in a row; 2025 is 411% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €202,139
Fixed assets
€36,584 ▼ 34.8%
Current assets
€165,555 ▲ 28.5%
Equity and liabilities €202,139
Equity
€105,059 ▲ 25.1%
Debt
€97,080 ▼ 3.8%
Debt's share of the balance-sheet total falls from 54.6% to 48.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€71,441▲
2024 · €28,684
Cash flow
€59,719▲
2024 · €27,447
Debt to equity
0.92▼
2024 · 1.20
ROE
38.2%▲
2024 · 10.6%
Interest coverage
62.59▲
2024 · 25.36
Debt ≤ 1 year
€89,633▲
2024 · €79,819
Debt > 1 year
€7,446▼
2024 · €21,141
Income taxes
€11,010▲
2024 · €201
Staff costs
€248,779▲
2024 · €242,041
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,370 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €244,832 | €229,790 | €242,041 | €248,779 | ▲ 2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,243 | €16,421 | €19,513 | €18,539 | €19,557 | ▲ 5.5% |
| Other operating charges640/8 | - | €4,228 | €2,214 | €1,883 | €1,907 | ▲ 1.2% |
| Gross operating margin9900 | €295,533 | €239,463 | €241,862 | €272,609 | €322,127 | ▲ 18.2% |
| Operating profit (loss)9901 | €42,332 | -€26,018 | -€9,655 | €10,146 | €51,884 | ▲ 411% |
| Financial income75/76B | - | €1 | €11 | €94 | €430 | ▲ 355% |
| Recurring financial income75 | €1 | €1 | €11 | €94 | €430 | ▲ 355% |
| Financial charges65/66B | - | €1,680 | €2,246 | €1,131 | €1,141 | ▲ 0.9% |
| Recurring financial charges65 | €1,464 | €1,680 | €2,246 | €1,131 | €1,141 | ▲ 0.9% |
| Profit (loss) for the period before taxes9903 | €40,870 | -€27,698 | -€11,890 | €9,109 | €51,172 | ▲ 462% |
| Income taxes67/77 | €12,751 | €201 | €201 | €201 | €11,010 | ▲ 5,374% |
| Profit (loss) for the period9904 | €28,119 | -€27,899 | -€12,091 | €8,908 | €40,162 | ▲ 351% |
| Profit (loss) for the period to be appropriated9905 | €28,119 | -€27,899 | -€12,091 | €8,908 | €40,162 | ▲ 351% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €232,215 | €205,637 | €236,210 | €184,965 | €202,139 | ▲ 9.3% |
| Fixed assets21/28 | €39,093 | €70,845 | €65,721 | €56,141 | €36,584 | ▼ 34.8% |
| Tangible fixed assets22/27 | €36,338 | €68,091 | €62,966 | €53,386 | €33,829 | ▼ 36.6% |
| Plant, machinery and equipment23 | - | €13,110 | €11,101 | €13,079 | €10,025 | ▼ 23.3% |
| Furniture and vehicles24 | - | €54,461 | €51,605 | €40,307 | €23,804 | ▼ 40.9% |
| Other tangible fixed assets26 | - | €520 | €260 | - | - | - |
| Financial fixed assets28 | €2,755 | €2,755 | €2,755 | €2,755 | €2,755 | = |
| Current assets29/58 | €193,122 | €134,792 | €170,489 | €128,824 | €165,555 | ▲ 28.5% |
| Amounts receivable within one year40/41 | €109,327 | €81,578 | €118,127 | €14,854 | €22,105 | ▲ 48.8% |
| Trade receivables40 | - | €80,955 | €117,504 | €14,232 | €21,483 | ▲ 51.0% |
| Other amounts receivable41 | - | €622 | €622 | €622 | €622 | = |
| Cash at bank and in hand54/58 | €82,828 | €53,205 | €52,133 | €108,802 | €140,924 | ▲ 29.5% |
| Deferred charges and accrued income490/1 | - | €9 | €229 | €5,169 | €2,526 | ▼ 51.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €232,215 | €205,637 | €236,210 | €184,965 | €202,139 | ▲ 9.3% |
| Equity10/15 | €115,087 | €87,188 | €75,097 | €84,005 | €105,059 | ▲ 25.1% |
| Contributions10/11 | - | €7,362 | €7,362 | €7,362 | €7,362 | = |
| Outside capital11 | - | €7,362 | - | - | - | - |
| Other1109/19 | - | €7,362 | - | - | - | - |
| Reserves13 | €107,724 | €107,724 | €107,724 | €107,724 | €97,697 | ▼ 9.3% |
| Non-distributable reserves130/1 | - | €1,897 | €1,897 | €1,897 | €1,897 | = |
| Reserves not available under the articles1311 | - | €1,897 | €1,897 | €1,897 | €1,897 | = |
| Tax-exempt reserves132 | - | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Distributable reserves133 | - | €87,077 | €87,077 | €87,077 | €77,050 | ▼ 11.5% |
| Profit (loss) carried forward14 | - | -€27,899 | -€39,990 | -€31,082 | €0 | ▲ 100% |
| Amounts payable17/49 | €117,128 | €118,449 | €161,113 | €100,961 | €97,080 | ▼ 3.8% |
| Amounts payable after more than one year17 | €23,547 | €47,156 | €39,821 | €21,141 | €7,446 | ▼ 64.8% |
| Financial debts170/4 | - | €47,156 | €39,821 | €21,141 | €7,446 | ▼ 64.8% |
| Amounts payable within one year42/48 | €93,581 | €71,293 | €121,293 | €79,819 | €89,633 | ▲ 12.3% |
| Current portion of amounts payable after more than one year42 | - | €17,199 | €19,420 | €18,679 | €13,695 | ▼ 26.7% |
| Trade debts44 | €999 | €15 | €39,080 | €7,295 | €1,151 | ▼ 84.2% |
| Suppliers440/4 | - | €15 | €39,080 | €7,295 | €1,151 | ▼ 84.2% |
| Taxes, remuneration and social security45 | - | €52,020 | €60,520 | €51,573 | €69,317 | ▲ 34.4% |
| Taxes450/3 | - | €17,334 | €26,281 | €11,753 | €31,517 | ▲ 168% |
| Remuneration and social security454/9 | - | €34,686 | €34,240 | €39,820 | €37,800 | ▼ 5.1% |
| Other amounts payable47/48 | - | €2,060 | €2,272 | €2,272 | €5,471 | ▲ 141% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,119 | -€27,899 | -€12,091 | €8,908 | €40,162 | ▲ 351% |
| + Depreciation and write-downs630 | €12,243 | €16,421 | €19,513 | €18,539 | €19,557 | ▲ 5.5% |
| Operating cash flow (approximation) | €40,362 | -€11,478 | €7,422 | €27,447 | €59,719 | ▲ 118% |
| Investment in fixed assets (approximation) | - | -€48,174 | -€14,389 | -€8,959 | €0 | ▲ 100% |
| Change in cash | - | -€29,622 | -€1,072 | €56,669 | €32,123 | ▼ 43.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
20-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
31-03
Financial
Highest result since 2019net €40,162 ▲351%
Operating result €51,884, net result €40,162, both a record.
31-03
Financial
Equity above €100,000Eq €105,059 ▲25.1%
2 profitable years in a row build equity to €105,059.
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €8,908
Net result €8,908 after 2 loss-making years.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Weakest financial yearnet -€27,899
Net result drops to -€27,899, the lowest in the series; recovery starts the following year.
2021
04-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
31-03
Financial
Equity above €100,000Eq €115,087 ▲32.3%
3 profitable years in a row build equity to €115,087.
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
04-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Mont-Saint-Guibert · 1 establishment unit since 2000
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.
Rue du Fond Cattelain 11435 Mont-Saint-Guibert1 establishment unit
Rue du Fond Cattelain 1, 1435 Mont-Saint-Guibert
since 20002.096.752.394
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Of 1,758 companies in sector 71122 we hold annual accounts for 771. 662 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-10-1999
Fiscal year end31-03
Activities, NACEBEL 2025
71122Land surveying
E-invoicing
Reachable via Peppol
Peppol ID
0208:0467100233
Registered
20-11-2020
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.