LFD
ActiveSummary
LFD has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46,602 and a net result of €8,354. Equity has been shrinking by about 3.7% per year since 2018. Its solvency ranks better than 92% of 621 sector peers (NACE 53, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 02-03-2004 Normal situation
- Activity
- Other postal and courier activities NACE 53200and 3 others
- Establishment units
- 2.145.646.532 1930 Zaventem, since 20-02-2005
- 2.341.301.866 1930 Zaventem, since 09-02-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 19-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €26,645
- Turnover
- ≈ €110,000
- estimated
- Profit
- €8,354
- ▲ 38.8%
- Equity
- €46,602
- ▲ 21.8%
- Total assets
- €55,986
- ▲ 22.7%
Score breakdownraises riskSize: total assets €55,986Sector: Postal and courier activities (NACE 53)lowers riskFounded in 2004Liquidity: current ratio 3.52, cash €14,910Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 53, micro). It does better than 93% of them on solvency, 88% on liquidity, 76% on profitability and 64% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 28 days before the deadline. In the sector (NACE 53), the median for financial year 2024 was 13 days after the deadline, and 56% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 07-07-2026 at the NBB all 21 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a profit of €15,483, after a loss of €7,704 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Postal and courier activities (NACE 53). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Staff
| Item | 31-12-2022 |
|---|---|
| Employees at the balance-sheet date | 1 |
| part-time | 1 |
| in full-time equivalents | 0.8 |
| Average over the year, in full-time equivalents | 0.5 |
| On a permanent contract | 1 |
| Joined | 1 |
| Left | 0 |
Source: social balance sheet in the 2022 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,424 | €9,408 | - | €15,006 | €14,628 |
| Financial fixed assets | - | - | - | - | €0 |
| Depreciation and write-downs of the year | €2,625 | €1,486 | €2,287 | €5,715 | €10,387 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as LFD: other postal and courier activities (NACE 53200). They are comparable in size and age: total assets between €44,900 and €62,800, founded between 2001 and 2006.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| LFD Zaventem | 2004 | €55,986 | €46,602 | €26,645 | €8,354 | 2025 |
| AAA CONCEPT Roeselare | 2004 | €57,329 | €42,451 | €31,523 | €3,743 | 2025 |
| FUL.ISO Schaarbeek | 2006 | €52,826 | €19,629 | €26,832 | €21,340 | 2025 |
| CLEIRBAUT ALEX Mechelen | 2002 | €59,351 | €4,004 | €35,178 | €8,408 | 2025 |
| OUR LIFE KENT | 2006 | €62,762 | €27,875 | €34,188 | €21,398 | 2025 |
| ACCRETIO Haacht | 2006 | €44,877 | €23,637 | €20,159 | €11,876 | 2025 |
| CVR SHUTTLE SERVICE Ronse | 2001 | €57,011 | €12,900 | €19,953 | €4,215 | 2025 |
They were chosen from the 1,238 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 31,368 companies had the same profile as LFD has now. Two years later, 0.5% had gone bankrupt and 93.5% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LFD itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 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 31,368 companies, not a prediction for LFD. 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €19,110 | €22,585 | - | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €567 | €2,382 | €2,382 | €2,625 | €1,486 | €2,287 | €5,715 | €10,387 | ▲ 81.8% |
| Other operating charges640/8 | - | - | - | €406 | €2,323 | €1,170 | €1,039 | €776 | ▼ 25.4% |
| Non-recurring operating charges66A | - | - | - | - | €3,632 | - | - | - | - |
| Gross operating margin9900 | €17,855 | €5,344 | -€23,953 | €34,083 | €103,435 | €25,925 | -€950 | €26,645 | - |
| Operating profit (loss)9901 | €16,772 | €2,571 | -€26,683 | €31,052 | €76,884 | -€117 | -€7,704 | €15,483 | - |
| Financial income75/76B | - | - | - | €790 | €2,348 | €1,497 | - | €87 | - |
| Recurring financial income75 | €936 | €893 | €1,129 | €790 | €2,348 | €1,497 | - | €87 | - |
| Financial charges65/66B | - | - | - | €77 | €142 | €1,139 | €182 | €1,262 | ▲ 594% |
| Recurring financial charges65 | €29 | €49 | €150 | €77 | €142 | €1,139 | €182 | €167 | ▼ 8.0% |
| Non-recurring financial charges66B | - | - | - | - | - | - | - | €1,095 | - |
| Profit (loss) for the period before taxes9903 | €17,679 | €3,415 | -€25,704 | €31,765 | €79,090 | €241 | -€7,886 | €14,307 | - |
| Income taxes67/77 | €9,514 | €5,912 | - | - | €21,000 | €2,418 | -€13,903 | €5,953 | - |
| Profit (loss) for the period9904 | €8,165 | -€2,497 | -€25,704 | €31,765 | €58,090 | -€2,177 | €6,017 | €8,354 | ▲ 38.8% |
| Profit (loss) for the period to be appropriated9905 | €8,165 | -€2,497 | -€25,704 | €31,765 | €58,090 | -€2,177 | €6,017 | €8,354 | ▲ 38.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €128,723 | €98,129 | €44,149 | €87,590 | €151,743 | €47,639 | €45,634 | €55,986 | ▲ 22.7% |
| Fixed assets21/28 | €2,900 | €9,596 | €7,215 | €7,014 | €11,703 | €9,416 | €18,707 | €22,954 | ▲ 22.7% |
| Tangible fixed assets22/27 | €2,900 | €9,596 | €7,215 | €7,014 | €11,303 | €9,016 | €18,307 | €22,554 | ▲ 23.2% |
| Plant, machinery and equipment23 | - | - | - | €2,182 | €1,697 | €1,212 | €727 | €242 | ▼ 66.7% |
| Furniture and vehicles24 | - | - | - | €3,632 | €5,949 | €4,627 | €14,882 | €20,094 | ▲ 35.0% |
| Other tangible fixed assets26 | - | - | - | €1,200 | €3,657 | €3,177 | €2,698 | €2,218 | ▼ 17.8% |
| Financial fixed assets28 | - | - | - | - | €400 | €400 | €400 | €400 | = |
| Current assets29/58 | €125,823 | €88,533 | €36,934 | €80,576 | €140,040 | €38,223 | €26,927 | €33,032 | ▲ 22.7% |
| Amounts receivable within one year40/41 | €68,858 | €72,407 | €31,035 | €43,271 | €82,325 | €11,027 | €10,034 | €18,036 | ▲ 79.7% |
| Trade receivables40 | - | - | - | €30,286 | €23,657 | €11,027 | €10,034 | €11,547 | ▲ 15.1% |
| Other amounts receivable41 | - | - | - | €12,985 | €58,668 | - | - | €6,489 | - |
| Cash at bank and in hand54/58 | €56,965 | €16,126 | €5,899 | €37,305 | €57,166 | €27,196 | €16,811 | €14,910 | ▼ 11.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | €549 | - | €82 | €86 | ▲ 5.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €128,723 | €98,129 | €44,149 | €87,590 | €151,743 | €47,639 | €45,634 | €55,986 | ▲ 22.7% |
| Equity10/15 | €57,755 | €55,258 | €29,554 | €61,319 | €34,409 | €32,232 | €38,249 | €46,602 | ▲ 21.8% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €28,002 | ▲ 15× |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | - | €1,860 | €1,860 | €1,860 | €28,002 | ▲ 15× |
| Profit (loss) carried forward14 | €37,295 | €34,798 | €9,094 | €40,859 | €13,949 | €11,772 | €17,789 | €0 | ▼ 100% |
| Amounts payable17/49 | €70,968 | €42,871 | €14,595 | €26,271 | €117,334 | €15,407 | €7,385 | €9,383 | ▲ 27.1% |
| Amounts payable within one year42/48 | €70,968 | €42,871 | €14,595 | €26,271 | €117,334 | €15,407 | €7,385 | €9,383 | ▲ 27.1% |
| Financial debts43 | - | - | - | - | €25,000 | €1,280 | - | - | - |
| Credit institutions430/8 | - | - | - | - | €25,000 | €1,280 | - | - | - |
| Trade debts44 | €67,632 | €42,871 | €14,595 | €18,842 | €9,846 | €3,131 | €3,828 | €5,198 | ▲ 35.8% |
| Suppliers440/4 | - | - | - | €18,842 | €9,846 | €3,131 | €3,828 | €5,198 | ▲ 35.8% |
| Taxes, remuneration and social security45 | - | - | - | €7,429 | €22,988 | €2,477 | €2,577 | €4,185 | ▲ 62.4% |
| Taxes450/3 | - | - | - | €7,429 | €21,657 | €2,477 | €2,577 | €4,185 | ▲ 62.4% |
| Remuneration and social security454/9 | - | - | - | - | €1,331 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €59,500 | €8,519 | €980 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,165 | -€2,497 | -€25,704 | €31,765 | €58,090 | -€2,177 | €6,017 | €8,354 | ▲ 38.8% |
| + Depreciation and write-downs630 | €567 | €2,382 | €2,382 | €2,625 | €1,486 | €2,287 | €5,715 | €10,387 | ▲ 81.8% |
| Operating cash flow (approximation) | €8,732 | -€115 | -€23,322 | €34,390 | €59,576 | €110 | €11,732 | €18,741 | ▲ 59.7% |
| Investment in fixed assets (approximation) | - | -€9,078 | -€1 | -€2,424 | -€6,175 | €0 | -€15,006 | -€14,634 | ▲ 2.5% |
| Change in cash | - | -€40,839 | -€10,227 | €31,406 | €19,861 | -€29,970 | -€10,385 | -€1,901 | ▲ 81.7% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 07-07-2026 | 2026-00261848 | NBB |
| 31-12-2024 | micro format | 09-06-2025 | 2025-00125864 | |
| 31-12-2023 | micro format | 11-06-2024 | 2024-00121237 | |
| 31-12-2022 | micro format | 27-07-2023 | 2023-00276952 | |
| 31-12-2021 | micro format | 27-06-2022 | 2022-20099136 | |
| 31-12-2020 | micro format | 28-07-2021 | 2021-40800291 | |
| 31-12-2019 | abbreviated format | 03-07-2020 | 2020-25100524 | |
| 31-12-2018 | abbreviated format | 07-06-2019 | 2019-16400535 | |
| 31-12-2017 | abbreviated format | 19-06-2018 | 2018-19400393 | |
| 31-12-2016 | abbreviated format | 17-08-2017 | 2017-43800158 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 06-12-2022 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| ROMBAUX Vanessa |
|
| VERPAELST Sven |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Algemene vergadering die benoemt bepaalt aantal duur van opdracht en indien meerdere bestuurders hun bevoegdheid, één of meer bestuurders…”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, recht algemene vergadering om vereffenaars aan te duiden,bevoegdheden te omlijnen en…”
Articles of association, deed of 06-12-2022 (in French)
Network & group
LFD shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of LFD. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
06-12
Gazette deed
Company renamed from LFD AIRPORT to LFDRegistered office moved within Zaventem · Resignation: VERPAELST Sven (director) · Appointment: ROMBAUX Vanessa (director)16 points ▸
- Power of attorney, Charlotte VAN CAUWELAERT
- Power of attorney
- General meeting, 09-11-2022
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in French)
- Other provision, “opheffing statutair onbeschikbare eigenvermogensrekening en beschikbaar maken voor uitkering, onmiddellijk” (deed in French)
- Other provision, “DERDE BESLUIT-lezing en onderzoek verslag bestuursorgaan over voorgestelde wijziging voorwerp, voorzitter leest verslag voor met omstandige verantwoording” (deed in French)
- Declaration, “geen opmerkingen van aandeelhouders op verslag bestuursorgaan en aansluiting bij besluiten erin vervat, origineel getekend ne varietur door de Notaris en de com…” (deed in French)
- Purpose change
- Director resignation, VERPAELST Sven (director (not named in the articles))
- Director appointment, ROMBAUX Vanessa (director (not named in the articles))
- Other provision, “kwijting ontslagnemende zaakvoerder voor uitoefening mandaat, volgende jaarvergadering” (deed in French)
- The act holds 4 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
19 activities
- De verhuring van auto's en bestelwagens;
- Het verrichten van alle transport- en koerierdiensten,op nationaal zowel als op internationaal vlak,alsmede op te treden als tussenpersoon bij het vervoer,in de hoedanigheid van vervoercommissionair,vervoermakelaar,commissionair-expediteur bij het vervoer of enige andere wijze,en met het oog op het presenteren van deze diensten het in ontvangst nemen,bezorgen aan derden,opslaan,verzekeren,in- en uitklaren van goederen en alle andere activiteiten die daarmee verband houden;
- Het verlenen van bijstand,advies en leiding aan bedrijven,privé-,personen en instellingen,voornamelijk doch niet uitsluitend op het vlak van management,productie,marketing en ontwikkeling,processing en het besturen van vennootschappen;
- De handel,productie,ontwikkeling en realisatie van alle analoog en digitaal beeldmateriaal,zowel fysisch als digitaal,als in de vorm van digitale munt ofwel non-fungible token (NFT);
- Het maken en in de handel brengen van fotoreportages en andere beeldopnames (film,video...) voor allerlei doeleinden zoals onder meer modefotografie,reclame en portretfotografie;
- Het ontwerpen en uitvoeren van alle projecten met drones voor eigen rekening en/of ten behoeve van derden;
- Het ontwerpen en uitvoeren van alle 3D-visualisaties en Virtual reality van elk mogelijk voorwerp of concept voor eigen rekening en/of ten behoeve van derden;
- De handel,productie,ontwikkeling en realisatie van multimediatoepassingen en elke vorm van interactieve handel of levering van diensten waaronder begrepen doch niet beperkt tot websites en alle beeldend materiaal;
- 3D ontwerpen van allerlei voorwerpen;
- Het maken van klank- en muziekopnames ter ondersteuning van de fotografie en grafische vormgeving;
- Het verzorgen van belichting bij fotografische opdrachten;
- Het verwerken van de digitale beelden tot een eindproduct;
- Het verzorgen van alle andere mogelijke activiteiten die verband houden met fotografische beeldvorming,webdesign,copywriting,pre-press drukwerk,freelance fotografie en freelance administratie,interieurdesign,advies in visuele vormgeving,organisatie van exposities en evenementen;
- Het uitbaten van een restaurant,frituur en andere eetgelegenheid,met levering van spijzen en dranken,zowel met bediening ter plaatse als op verplaatsing en bij wijze van afhaling;
- Het uitbaten van een tearoom en snackbar,houdende levering van lichte maaltijden,versnaperingen en consumptie-ijs;
- Het uitbaten van een drankgelegenheid met het schenken van dranken,zowel alcoholische als niet-alcoholische;
- Het uitbaten van een feestzaal;het inrichten en organiseren van feesten en evenementen;
- Het uitbaten van een hotel,camping en andere logies voor kort verblijf,omvattende verhuring van kamers voor overnachting en het aanbieden van ontbijt,middag en avondmaal;
- De groot en kleinhandel,in en uitvoer van dranken en voedingswaren;de organisatie van degustaties en verkoopevenementen;
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23094D0045/00X003 | Flanders | 3,962 m² | 1 · 1,186 m² | 8.8 m · 2 |
| 23094A0248/00T003 | Flanders | 297 m² | 1 · 106 m² | 9.4 m · 2 |