LLEDD.BE
ActiveSummary
LLEDD.BE has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €497k and a net result of €3k. Equity is growing by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-19
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 18.36 against 6.61 in 2024; short-term debt: 4.3% and cash: 23.4% of total assets), and 4.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Specialised construction activities (NACE 43)
about 85% more 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
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
95.7%
Return on assets
0.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 25-03-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
40 d early
2023
46 d early
2022
37 d early
2021
30 d early
2020
7 d early
2019
42 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€497k▲ 0.7%
2024 · €494k
Total assets
€519k▼ 7.5%
2024 · €561k
Net result
€3k▼ 96.5%
2024 · €92k
Working capital
€384k▲ 1.8%
2024 · €377k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€76k▼ 5.1%€77k▲ 0.6%€118k▲ 53.7%€136k▲ 15.4%€-2k
Net result€61k▲ 0.5%€4k▼ 94.2%€111k▲ 3,051%€92k▼ 17.0%€3k▼ 96.5%
Equity€287k▲ 26.9%€290k▲ 1.2%€402k▲ 38.3%€494k▲ 23.0%€497k▲ 0.7%
Total assets€434k▲ 1.7%€1.53M▲ 253%€571k▼ 62.7%€561k▼ 1.7%€519k▼ 7.5%
Debt€108k▼ 37.6%€1.20M▲ 1,009%€131k▼ 89.1%€67k▼ 48.5%€22k▼ 67.1%
Working capital€333k▲ 60.1%€384k▲ 15.3%€326k▼ 15.2%€377k▲ 15.8%€384k▲ 1.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €136k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €519k
Fixed assets
€114k ▼ 2.9%
Current assets
€406k ▼ 8.7%
Equity and liabilities €519k
Equity
€497k ▲ 0.7%
Debt
€22k ▼ 67.1%
Debt's share of the balance-sheet total falls from 12.0% to 4.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2k▼
2024 · €139k
Cash flow
€7k▼
2024 · €96k
Current ratio
18.36▲
2024 · 6.61
Quick ratio
18.35▲
2024 · 6.56
Debt to equity
0.04▼
2024 · 0.14
ROE
0.7%▼
2024 · 18.7%
ROA
0.6%▼
2024 · 16.4%
Interest coverage
15.54▼
2024 · 1197.07
Debt ≤ 1 year
€22k▼
2024 · €67k
Income taxes
€8k▼
2024 · €54k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €39k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36k | €4k | €3k | €3k | €3k | = |
| Other operating charges640/8 | - | €2k | €1k | €3k | €2k | ▼ 22.9% |
| Gross operating margin9900 | €130k | €82k | €123k | €142k | €4k | ▼ 97.4% |
| Operating profit (loss)9901 | €76k | €77k | €118k | €136k | €-2k | ▼ 101% |
| Financial income75/76B | - | €14k | €88k | €10k | €14k | ▲ 30.4% |
| Recurring financial income75 | €12k | €14k | €88k | €10k | €14k | ▲ 30.4% |
| Financial charges65/66B | - | €75k | €42k | €116 | €108 | ▼ 7.5% |
| Recurring financial charges65 | €2k | €75k | €42k | €116 | €108 | ▼ 7.5% |
| Profit (loss) for the period before taxes9903 | €87k | €16k | €164k | €146k | €12k | ▼ 92.0% |
| Income taxes67/77 | €26k | €12k | €53k | €54k | €8k | ▼ 84.3% |
| Profit (loss) for the period9904 | €61k | €4k | €111k | €92k | €3k | ▼ 96.5% |
| Profit (loss) for the period to be appropriated9905 | €61k | €4k | €111k | €92k | €3k | ▼ 96.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €434k | €1.53M | €571k | €561k | €519k | ▼ 7.5% |
| Fixed assets21/28 | €9k | €1.11M | €115k | €117k | €114k | ▼ 2.9% |
| Intangible fixed assets21 | €1k | - | - | - | - | - |
| Tangible fixed assets22/27 | €4k | €14k | €11k | €8k | €4k | ▼ 43.6% |
| Furniture and vehicles24 | - | €14k | €11k | €8k | €4k | ▼ 43.6% |
| Financial fixed assets28 | €4k | €1.10M | €104k | €109k | €109k | = |
| Current assets29/58 | €425k | €420k | €456k | €444k | €406k | ▼ 8.7% |
| Amounts receivable after more than one year29 | - | €96k | €140k | €198k | €198k | = |
| Other amounts receivable291 | - | €96k | €140k | €198k | €198k | = |
| Stocks and contracts in progress3 | €3k | €4k | €4k | €3k | €308 | ▼ 89.5% |
| Stocks30/36 | - | €4k | €4k | €3k | €308 | ▼ 89.5% |
| Amounts receivable within one year40/41 | €182k | €247k | €126k | €112k | €86k | ▼ 23.7% |
| Trade receivables40 | - | €44k | €111k | €112k | €72k | ▼ 35.9% |
| Other amounts receivable41 | - | €203k | €16k | - | €14k | - |
| Cash at bank and in hand54/58 | €144k | €71k | €184k | €131k | €122k | ▼ 7.1% |
| Deferred charges and accrued income490/1 | - | €1k | €2k | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €434k | €1.53M | €571k | €561k | €519k | ▼ 7.5% |
| Equity10/15 | €287k | €290k | €402k | €494k | €497k | ▲ 0.7% |
| Contributions10/11 | - | €50k | €50k | €50k | €50k | = |
| Reserves13 | €115k | €115k | €215k | €305k | €305k | = |
| Non-distributable reserves130/1 | - | €5k | - | - | - | - |
| Reserves not available under the articles1311 | - | €5k | - | - | - | - |
| Distributable reserves133 | - | €110k | €215k | €305k | €305k | = |
| Profit (loss) carried forward14 | €122k | €125k | €137k | €139k | €142k | ▲ 2.4% |
| Provisions and deferred taxes16 | €39k | €39k | €39k | - | - | - |
| Deferred taxes168 | - | €39k | €39k | - | - | - |
| Amounts payable17/49 | €108k | €1.20M | €131k | €67k | €22k | ▼ 67.1% |
| Amounts payable after more than one year17 | - | €1.17M | - | - | - | - |
| Financial debts170/4 | - | €1.17M | - | - | - | - |
| Amounts payable within one year42/48 | €92k | €36k | €131k | €67k | €22k | ▼ 67.1% |
| Trade debts44 | €60k | €18k | €70k | €17k | €12k | ▼ 29.3% |
| Suppliers440/4 | - | €18k | €70k | €17k | €12k | ▼ 29.3% |
| Taxes, remuneration and social security45 | - | €18k | €53k | €46k | €10k | ▼ 77.7% |
| Taxes450/3 | - | €13k | €53k | €46k | €10k | ▼ 77.7% |
| Remuneration and social security454/9 | - | €5k | - | - | - | - |
| Other amounts payable47/48 | - | - | €7k | €4k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €61k | €4k | €111k | €92k | €3k | ▼ 96.5% |
| + Depreciation and write-downs630 | €36k | €4k | €3k | €3k | €3k | = |
| Operating cash flow (approximation) | €97k | €7k | €115k | €96k | €7k | ▼ 93.1% |
| Investment in fixed assets (approximation) | - | €-1.11M | €992k | €-5k | €0 | ▲ 100% |
| Change in cash | - | €-73k | €113k | €-53k | €-9k | ▲ 82.4% |
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
2026
25-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Liquidity triplescurrent ratio 18.36
Current ratio from 6.61 to 18.36; short-term debt falls from €67k to €22k.
21-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
15-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2018net €111k ▲3,051%
Net result €111k, the highest in the series.
24-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Liquidity triplescurrent ratio 11.64
Current ratio from 4.61 to 11.64; short-term debt falls from €92k to €36k.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Liquidity doublescurrent ratio 4.61
Current ratio from 2.20 to 4.61; short-term debt falls from €173k to €92k.
23-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Equity above €200kEq €226k ▲36.6%
3 profitable years in a row build equity to €226k.
19-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
30-09
Financial
Weakest financial yearnet €1k ▼86.8%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
02-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Mechelen · 1 establishment unit since 1997
Ground area
515 m²
Building footprint
456 m²
Volume, LiDAR
4,305 m³
2 parcels, Flanders · tallest building 19.4 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LLEDD.BE
since 19972.083.410.738
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12025E0730/00H000indicative | Flanders | 281 m² | 1 · 223 m² | 19.4 m · 1 fl. |
| 12025C0422/00L000 | Flanders | 234 m² | 1 · 233 m² | 14.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 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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Of 1,124 companies in sector 43212 we hold annual accounts for 420. 253 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
Founded15-09-1997
Fiscal year end30-09
Activities, NACEBEL 2025
43212Electrical installation work in industrial facilities
62100Computer programming
Scores and ratios are computed by Checked and are not a credit decision.