Limburgs Landschap
ActiveSummary
Limburgs Landschap has been active since 1971 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30.16M and a net result of €549k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 66 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 4.04 against 6.76 in 2024; short-term debt: 2.5% and cash: 5.7% of total assets), and 5.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 91
Relative position
BE, all sectors
reference
Sector 91
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
94.2%
Return on assets
1.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-05-2026, 73 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
73 d early
2024
51 d early
2023
216 d late
2022
7 d early
2021
97 d early
2020
102 d early
2019
21 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€30.16M▲ 0.5%
2024 · €30.02M
2018: €22.53M
2019: €23.22M
2020: €24.88M
2021: €25.41M
2022: €26.12M
2023: €28.34M
2024: €30.02M
2018 → 2025
Total assets
€32.00M▼ 1.0%
2024 · €32.31M
2018: €23.82M
2019: €24.50M
2020: €26.38M
2021: €26.47M
2022: €27.50M
2023: €30.51M
2024: €32.31M
2018 → 2025
Net result
€549k▲ 318%
2024 · €131k
2018: €130k
2019: €241k
2020: €696k
2021: €460k
2022: €44k
2023: €667k
2024: €131k
2018 → 2025
Working capital
€2.39M▼ 27.2%
2024 · €3.28M
2018: €-275k
2019: €-48k
2020: €531k
2021: €734k
2022: €242k
2023: €2.61M
2024: €3.28M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€25.41M-€26.12M▲ 2.8%€28.34M▲ 8.5%€30.02M▲ 5.9%€30.16M▲ 0.5%
Operating result€504k-€81k▼ 84.0%€700k▲ 765%€150k▼ 78.6%€573k▲ 281%
Net result€460k-€44k▼ 90.4%€667k▲ 1,412%€131k▼ 80.3%€549k▲ 318%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 281% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32.00M
Fixed assets
€28.83M ▲ 1.3%
Current assets
€3.18M ▼ 17.5%
Equity and liabilities €32.00M
Equity
€30.16M ▲ 0.5%
Debt
€1.85M ▼ 19.4%
Debt's share of the balance-sheet total falls from 7.1% to 5.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€756k▲
2024 · €329k
Cash flow
€733k▲
2024 · €310k
Current ratio
4.04▼
2024 · 6.76
Quick ratio
4.04▼
2024 · 6.75
Debt to equity
0.06▼
2024 · 0.08
ROE
1.8%▲
2024 · 0.4%
ROA
1.7%▲
2024 · 0.4%
Interest coverage
24.53▲
2024 · 9.36
Debt ≤ 1 year
€787k▲
2024 · €570k
Debt > 1 year
€446k▼
2024 · €478k
Income taxes
€3k▲
2024 · €930
Staff costs
€1.63M▲
2024 · €1.62M
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 · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€32.31M€32.00M▼
Fixed assets21/28€28.46M€28.83M▲
Tangible fixed assets22/27€28.46M€28.83M▲
Land and buildings22€28.11M€28.50M▲
Plant, machinery and equipment23€38k€45k▲
Furniture and vehicles24€48k€76k▲
Leasing and similar rights25€267k€208k▼
Financial fixed assets28€136-
Current assets29/58€3.85M€3.18M▼
Stocks and contracts in progress3€370€370=
Stocks30/36€370€370=
Amounts receivable within one year40/41€1.45M€354k▼
Trade receivables40€122k€62k▼
Other amounts receivable41€1.33M€292k▼
Current investments50/53-€800k
Cash at bank and in hand54/58€2.08M€1.83M▼
Deferred charges and accrued income490/1€313k€187k▼
Equity and liabilities
Total equity and liabilities10/49€32.31M€32.00M▼
Equity10/15€30.02M€30.16M▲
Reserves13€13.19M€13.19M=
Profit (loss) carried forward14€397k€947k▲
Investment grants15€16.43M€16.02M▼
Amounts payable17/49€2.29M€1.85M▼
Amounts payable after more than one year17€478k€446k▼
Financial debts170/4€478k€446k▼
Amounts payable within one year42/48€570k€787k▲
Current portion of amounts payable after more than one year42€90k€102k▲
Trade debts44€281k€489k▲
Suppliers440/4€281k€489k▲
Taxes, remuneration and social security45€199k€196k▼
Taxes450/3€40k€289▼
Remuneration and social security454/9€159k€196k▲
Accrued charges and deferred income492/3€1.24M€617k▼
Income statement
Code20242025
Non-recurring operating income76A€5k€498k▲
Remuneration, social security and pensions62€1.62M€1.63M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€179k€184k▲
Other operating charges640/8€39k€47k▲
Non-recurring operating charges66A€473€106▼
Gross operating margin9900€1.99M€2.43M▲
Operating profit (loss)9901€150k€573k▲
Financial income75/76B€17k€11k▼
Recurring financial income75€17k€11k▼
Financial charges65/66B€35k€31k▼
Recurring financial charges65€35k€31k▼
Profit (loss) for the period before taxes9903€132k€553k▲
Income taxes67/77€930€3k▲
Profit (loss) for the period9904€131k€549k▲
Profit (loss) for the period to be appropriated9905€131k€549k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.82M€947k▼
Profit (loss) brought forward from the previous period14P€2.69M€397k▼
To contributions691€2.43M-
Social balance
Average headcount (FTE)908726.125.6▼
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
23-03
State Gazette act
Resignation: Alex Siccard (member of day-to-day management)Appointments: Walter Van Opstal, Mario Pytka and 2 others6 facts ▸
State Gazette act
Resignation: Alex Siccard (member of day-to-day management)
Appointments: Walter Van Opstal, Mario Pytka and 2 others6 facts ▸
- Board meeting, 03/03/2026
- Director resignation, Alex Siccard (member of day-to-day management)
- Director appointment, Walter Van Opstal (member of day-to-day management)
- Director appointment, Mario Pytka (member of day-to-day management)
- Director appointment, Frans Verstraeten (member of day-to-day management)
- Director appointment, Dejong Peter (secretary)
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
04-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 216 days late
2023
31-12
Financial
Liquidity times 6current ratio 8.42
Current ratio from 1.34 to 8.42; short-term debt falls from €715k to €351k.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €44k ▼90.4%
Net result drops to €44k, the lowest in the series; recovery starts the following year.
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €25MEq €25.41M ▲2.1%
4 profitable years in a row build equity to €25.41M.
20-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €696k ▲189%
Operating result €747k, net result €696k, both a record.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
19-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26041121). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Dejong Peter
CurrentSecretary · since 03-03-2026
Mario Pytka
CurrentMember of day-to-day management · since 03-03-2026
Verstraeten Frans
CurrentMember of day-to-day management · since 03-03-2026
Walter VAN OPSTAL
CurrentMember of day-to-day management · since 03-03-2026
23-03-2026
Siccard Alex: Resigned as Member of day-to-day management
03-03-2026
Dejong Peter: Appointed as Secretary
03-03-2026
Mario Pytka: Appointed as Member of day-to-day management
03-03-2026
Verstraeten Frans: Appointed as Member of day-to-day management
03-03-2026
Walter VAN OPSTAL: Appointed as Member of day-to-day management
Location & real-estate footprint
Registered office, Heusden-Zolder · 1 establishment unit since 2006
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.
Dekenstraat 393550 Heusden-ZolderGround area
266 m²
Building footprint
145 m²
Volume, LiDAR
1,235 m³
Parcel 71065A1588/00X005, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Limburgs Landschap
since 20062.154.752.951
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71065A1588/00X005indicative | Flanders | 266 m² | 1 · 145 m² | 13.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
1 connected companyLinked via shared directors
via Walter VAN OPSTAL · Director
former→
Public money · subsidies and aid
Flemish government
2022 to 2025 · 61 entries · 13,491,336 EUR awarded · 12,544,247 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 12 | 3,101,445 EUR | 3,009,679 EUR |
| 2024 | 15 | 3,221,769 EUR | 3,300,749 EUR |
| 2023 | 20 | 3,035,882 EUR | 4,539,934 EUR |
| 2022 | 14 | 4,132,240 EUR | 1,693,885 EUR |
Schemes
Subsidie beheer GBN
Subsidie voor tewerkstelling personeelsleden met gewezen DAC-statuut bij milieu- en natuurverenigingen
Aankoopsubsidie met het oog op erkenning als natuurreservaat
Subsidies Relance VV24
Subsidies voor tewerkstelling VIA-akkoorden
Show 15 more
Projectsubsidie aankoop met het oog op bebossing (BCF)
Subsidies voor de werking van de onthaalpoorten
Subsidies voor omgevingsverenigingen
Projectsubsidie Natuur
Subsidie erkende reservaten
Subsidies om terreinen toegankelijk te maken en te houden
Erfgoedpremie voor beschermde monumenten en landschappen - standaardprocedure
Subsidies voor de opmaak van een beheerplan
Projectsubsidies openstelling
Bebossing/herbebossing/inkomenssteun
Groenjobs
Subsidies bevordering en uitvoering beleid
Onderzoekspremie voor beschermde monumenten en landschappen
Subsidie voor een wolfwerende omheining
Vlaams opleidingsverlof (VOV)
Federal government
2025 · 1 entry · 5,104 EUR in total| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2025 | FOD Justitie | 1 | 5,104 EUR |
Budget allocations
Toelage kosten werkstraffen (kledij, preventie)
European Union, budget
2025 · 1 entry · 820,441 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 1 | 820,441 EUR |
Projects
HYDRO-ECOLOGICAL RESTORATION OF OLIGOTROPHIC ECOSYSTEMS - HEROES
Recognitions · licences · registrations
Food safety, FASFC
2 sitesHelchteren
Heusden-Zolder2.154.752.951
Similar companies · same sector, comparable size
NATAGORA
BE 0434.366.097
Namur · Eq €44.41M
Stichting Kempens Landschap
BE 0749.895.122
Antwerpen · Eq €50.00M
VK Global
BE 0686.579.658
Brussel · Eq €17.26M
LEISURE PROPERTY INVEST
BE 0886.837.247
Ieper · Eq €15.81M
Les Lacs de l'Eau d'Heure
BE 0458.576.309
Froidchapelle · Eq €12.81M
Of 167 companies in sector 91420 we hold annual accounts for 89. 16 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 formNon-profit association
Founded10-11-1971
Fiscal year end31-12
Abbreviation NL
LILA
Activities, NACEBEL 2025
91420Libraries, archives, museums and other cultural activities
56220Contract catering and other food service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.