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LOD

Active Non-profit associationfounded 1989active for 37 yearsBijlokekaai 3, 9000 GhentKBO/BCE: BE 0436.199.397

Lifetime

18 annual accounts with figures on one time axis, 19 filings since 2006
peak €1.4m (2022)
€1.1m 
lowest -€107,408 (2012)
€109,118 
peak €576,062 (2025)
€576,062 
€217,525 
peak 35.2 FTE (2017)
11.1 FTE 
Board19 names since 1989all names
7 directors and 6 others
Documentsfilings and deeds
06-08-20266 days late
2025abbreviated format
Appointment: (day-to-day manager) 18-062 directors resigning 12-03No figures for the year before

Key points

from the 2025 annual accounts

Staff

11.1 FTE from 35.2 in 2017

Between 2017 and 2025, 68% of the full-time equivalents disappeared.

Filings

19 annual accounts 20 filings since 2006
AprilJune31 JulyOctober2010201520202025

Four of the last ten came late. The 2015 accounts came latest: 241 days after the end of the period.

Public support

€5.0m awarded from 2022 to 2025
2022202320242025

Flemish support, mostly Professionele kunsten: Werkingssubsidie voor een kunstenorganisatie voor een periode van 5 jaar (Kunstendecreet 2021).

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as LOD has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 20,137 companies, not a prediction for LOD. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Chair
Daily manager
Director, , since 25-03-2017
Director, since 27-10-2018
Director, since 28-03-2019
Director, since 13-11-2021
and 2 othersBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0436199397
Appointment: (day-to-day manager) Gazette deed
2 directors resigning Resignations: and · Withdrawal: (member of the general meeting) · General meeting of 04-12-2024 · Gazette deed
Resignation: (director general and day-to-day manager) Board meeting of 19-06-2024 · Gazette deed
All 44 events

Comparable companies

same main activity, similar in size and age
Company
LOD Ghent €793,587 €1.1m 72.6% 11.1
laGeste Ghent €898,054 €0.9m 40.7% 7.6
DIJK 69 Nieuwpoort €742,025 €0.8m 69.3% 11.4
PEEPING TOM Molenbeek-Saint-Jean €682,597 €1.3m 42.9% 13.4
MONTAGE ET MAINTENANCE INDUSTRIELS Grâce-Hollogne €956,766 €0.9m 48.9% 13.5
Monty Antwerp €430,055 €0.7m 41.0% 10
THEATRE DE LA GUIMBARDE Charleroi €523,340 €0.6m 72.6% 6.8

These companies have the same main activity as LOD: performing arts by independent artists (NACE 90201). They are comparable in size and age: total assets between €430,000 and €957,000, founded between 1974 and 2002.

Official details

Source: KBO
Status
Active since 10-01-1989Normal situation
Activity
Performing arts by independent artistsNACE 90201and 1 other
Joint committee
304Performing arts · annual accounts 2025
Establishment unit
2.156.375.0299000 Ghent, since 03-10-2006
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

≈ €1.9mestimated
€793,587
Filing
Filed on 06-08-2026
Financials

Insights on LOD

LOD files the abbreviated format. That format states no turnover. The gross margin rose from €939,770 in 2007 to €1.1m in 2025.

In 2024, three directors stepped down.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about LOD

What is the company number of LOD?
The company number of LOD is 0436.199.397. The VAT number is the same number with BE in front: BE 0436.199.397.
Where is LOD based?
The registered office is at Bijlokekaai 3, 9000 Ghent.Company details
What does LOD do?
According to the KBO register, the main activity is performing arts by independent artists (NACE 90201).
What is the legal form of LOD?
LOD is a non-profit association (VZW).
When was LOD founded?
LOD was founded on 10-01-1989.
Is LOD still active?
Yes, LOD is an active enterprise in the KBO register.
How many employees does LOD have?
LOD had an average of 11.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does LOD fall under?
In its 2025 annual accounts, LOD states joint committee 304 (Performing arts).
What is the turnover of LOD?
The turnover in financial year 2025 is ≈ €1.9m. This figure is estimated from the gross margin of €1.1m and 1,585 comparable companies of the same size. It probably lies between €1.3m and €3.1m. It is a rough estimate.
Is LOD profitable?
In financial year 2025, LOD made a profit of €109,118.
Where can I find the annual accounts of LOD?
LOD filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LOD due?
LOD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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