Checked.be
Active
BE 0436.199.397Non-profit association
LOD
Bijlokekaai 3 ·9000 Gent, Belgium· 37 yrs active
Sector: Beoefening van uitvoerende kunsten door zelfstandig werkende artiesten
(90201)
Conclusion
The computed 12-month bankruptcy probability of LOD is < 0.1% (very low). The 2025 annual accounts show equity of €576k and a net result of €109k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 75% of 221 sector peers (fiscal year 2025). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 7 annual accounts.
Key figures
| Equity | €576k |
| Net result | €109k |
| Staff (FTE) | 11.1 |
| Better than sector | 75% |
Financial profile
95
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
100
Profitability
95
Solvency
100
Growth
78
Stability
100
Bankruptcy probability (12 mo)
< 0.1%
Very low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form
−Lower-failure-rate sector
−Long track record
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1989, 37 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
100
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 06-08-2026 with the NBB · fiscal year 2025 · verkort
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~3.2%/year over 7 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 90 · compared across all schema types (micro, abbreviated and full combined)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 72.6% | 45.0% | |
| Net result | €109k | €9k | |
| Equity | €576k | €39k | |
| Gross operating margin | €1.09M | €22k | |
| Staff costs | €905k | €60k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€179k
-
18-25
€109k
-
18-25
€124k
-
18-25
€794k
-0.6%
18-25
€576k
+22.8%
18-25
€559k
+25.0%
18-25
11
-47.6%
18-25
€905k
-32.1%
18-25
Show 10 other metrics
€47k
+6948.1%
18-25
€218k
-34.0%
18-25
€201k
-36.6%
18-25
3.78
+56.8%
18-25
3.78
+56.8%
18-25
72.6%
+23.5%
18-25
0.38
-46.2%
18-25
18.9%
-
18-25
13.7%
-
18-25
20.95
-
18-25
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €179k |
| Net profit | €109k |
| Cash flow | €124k |
| Staff costs | €905k |
| Income taxes | €47k |
| Dividends | - |
| Total assets | €794k |
| Equity | €576k |
| Debt | €218k |
| of which ≤ 1y | €201k |
| of which > 1y | - |
| Working capital | €559k |
| Employees (FTE) | 11.1 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 3.78 |
| Quick ratio | 3.78 |
| Working capital ratio | 70.5% |
| Solvency | 72.6% |
| Debt / equity | 0.38 |
| Long-term debt ratio | - |
| Interest coverage | 20.95 |
| Gross margin | - |
| Net margin | - |
| ROA | 13.7% |
| ROE | 18.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €794k |
| Fixed assets | 21/28 | €33k |
| Tangible fixed assets | 22/27 | €33k |
| Current assets | 29/58 | €761k |
| Amounts receivable within one year | 40/41 | €337k |
| Cash & bank | 54/58 | €411k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €794k |
| Equity | 10/15 | €576k |
| Reserves | 13 | €300k |
| Accumulated profits (losses) | 14 | €276k |
| Amounts payable | 17/49 | €218k |
| Amounts payable within one year | 42/48 | €201k |
| Trade debts payable within one year | 44 | €72k |
| Income statement | ||
| Gross operating margin | 9900 | €1.09M |
| Operating result | 9901 | €164k |
| Financial income | 75 | €274 |
| Financial charges | 65 | €9k |
| Result before taxes | 9903 | €156k |
| Income taxes | 67/77 | €47k |
| Net result for the period | 9904 | €109k |
| Result to be appropriated | 9905 | €109k |
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
Current directors & mandates
-
Dries DouibiDagelijks bestuurderState Gazette act 25076746 (18-06-2025)Current18-06-2025 → present
-
Paul KerstensDirectorState Gazette act 24085562 (05-06-2024)Current05-06-2024 → present
-
Kathleen TreierDagelijks bestuurderState Gazette act 25076746 (18-06-2025)Current18-03-2024 → present
2 events
- 18-06-2025 Appointed· Dagelijks bestuurder
- 18-03-2024 Appointed· Zakelijk leider
-
Lieve MoeremansDirectorState Gazette act 24046792 (18-03-2024)Current18-03-2024 → present
-
Ilse JansooneChairState Gazette act 22148027 (14-12-2022)Current14-12-2022 → present
3 events
- 14-12-2022 Resigned· Director
- 14-12-2022 Appointed· Chair
- 14-04-2017 Appointed· Lid raad van bestuur
-
PZAZZ BVLegal entityDirectorState Gazette act 22148027 (14-12-2022)Current14-12-2022 → present
Show 2 more sitting directors
-
Purmi MorellDirectorState Gazette act 21150841 (24-12-2021)Current24-12-2021 → present
-
Stefaan KoningsDirectorState Gazette act 21150841 (24-12-2021)Current24-12-2021 → present
Historic, not recently confirmed (3)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
-
Marleen VerschraegenRaad van bestuurState Gazette act 19088152 (02-07-2019)Not recently confirmedlast confirmed in an act from 2019
-
Badra DjaitRaad van bestuurState Gazette act 19028861 (26-02-2019)Not recently confirmedlast confirmed in an act from 2019
-
Herwig OngheraDirectorState Gazette act 16057562 (25-04-2016)Not recently confirmedlast confirmed in an act from 2016
Former directors (10)
-
Marleen VanderschraegenDirectorState Gazette act 25034953 (12-03-2025)Former- → 12-03-2025
-
Purni MorellDirectorState Gazette act 25034953 (12-03-2025)Former- → 12-03-2025
2 events
- 12-03-2025 Resigned· Director
- 12-03-2025 Resigned· Lid van de algemene vergadering
-
Tom RummensAlgemeen directeurState Gazette act 24046792 (18-03-2024)Former03-11-2023 → 09-10-2024
4 events
- 09-10-2024 Resigned· Algemeen directeur en dagelijks bestuurder
- 18-03-2024 Appointed· Algemeen directeur
- 03-11-2023 Appointed· Algemeen directeur
- 03-11-2023 Appointed· Dagelijks bestuurder
-
Herwig OnghenaRaad van bestuurState Gazette act 19028861 (26-02-2019)Former26-02-2019 → 05-06-2024
2 events
- 05-06-2024 Resigned· Director
- 26-02-2019 Appointed· Raad van bestuur
-
Hans BruneelDirector (executive)State Gazette act 20145974 (08-12-2020)Former08-12-2020 → 03-11-2023
3 events
- 03-11-2023 Resigned· Algemeen directeur
- 03-11-2023 Resigned· Dagelijks bestuurder
- 08-12-2020 Appointed· Director (executive)
5 further former directors in the mandate history. Available in Kantoor S.
See plans →
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
| NACE primary | Beoefening van uitvoerende kunsten door zelfstandig werkende artiesten(90201) |
| Legal form | Non-profit association(017) |
| Incorporation | 10-01-1989 |
| Status | Active |
| Postal code | 9000 |
Connections & network
Group structure
We sit on their board · 1 location
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Ownership & control
LODBE 0436.199.397
controls
Where this company holds controlthis company sits on their board1
1 location
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Establishment units
LOD vzw
since 20062.156.375.029
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44806F0651/00V000 | Flanders | 700 m² | - | - |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2026
06-08-2026
NBB filing
Annual accounts filed
2025
18-06-2025
State Gazette act
Director changes
12-03-2025
State Gazette act
Director changes
2024
09-10-2024
State Gazette act
Director changes
06-06-2024
NBB filing
Annual accounts filed
05-06-2024
State Gazette act
Director changes
18-03-2024
State Gazette act
Director changes
2023
03-11-2023
State Gazette act
Director changes
08-09-2023
NBB filing
Annual accounts filed
24-03-2023
State Gazette act
Director changes
2022
14-12-2022
State Gazette act
Director changes
22-06-2022
NBB filing
Annual accounts filed
2021
24-12-2021
State Gazette act
Director changes
28-07-2021
NBB filing
Annual accounts filed
04-06-2021
State Gazette act
Director changes
2020
08-12-2020
State Gazette act
Director changes
26-08-2020
State Gazette act
Statutes amendment
27-05-2020
NBB filing
Annual accounts filed
2019
02-07-2019
State Gazette act
Director changes
18-04-2019
NBB filing
Annual accounts filed
26-02-2019
State Gazette act
Director changes
2018
26-11-2018
NBB filing
Annual accounts filed
2017
15-05-2017
NBB filing
Annual accounts filed
14-04-2017
State Gazette act
Director changes
29-03-2017
NBB filing
Annual accounts filed
13-02-2017
State Gazette act
Director changes
2016
25-04-2016
State Gazette act
Director changes
2015
15-04-2015
State Gazette act
Statutes amendment
Belgian State Gazette reading coverage
We know of 21 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 18
updated 1 year ago
2025
18-06-2025 2 directors appointed
- Dries Douibi, Dagelijks bestuurder
- Kathleen Treier, Dagelijks bestuurder
Summary:
v3.2
Technical details
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}12-03-2025 3 resigning
- Purni Morell, Bestuurder
- Marleen Vanderschraegen, Bestuurder
- Purni Morell, Lid van de algemene vergadering
Summary:
v3.2
Technical details
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09-10-2024 Tom Rummens resigns as algemeen directeur en dagelijks bestuurder
- Tom Rummens, Algemeen directeur en dagelijks bestuurder
Summary:
v3.2
Technical details
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}05-06-2024 1 director appointed, 1 resigning
- Paul Kerstens, Bestuurder
- Herwig Onghena, Bestuurder
Summary:
v3.2
Technical details
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"name": "Herwig Onghena",
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},
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}18-03-2024 3 directors appointed
- Lieve Moeremans, Bestuurder
- Tom Rummens, Algemeen directeur
- Kathleen Treier, Zakelijk leider
Summary:
v3.2
Technical details
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}2023
03-11-2023 2 directors appointed, 2 resigning
- Tom Rummens, Algemeen directeur
- Tom Rummens, Dagelijks bestuurder
- Hans Bruneel, Algemeen directeur
- Hans Bruneel, Dagelijks bestuurder
Summary:
v3.2
Technical details
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}24-03-2023 Change in the board of directors
Summary:
v3.2
Technical details
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}2022
14-12-2022 2 directors appointed, 2 resigning
- PZAZZ BV, Bestuurder
- Ilse Jansoone, Voorzitter
- Reinhard Dhondt, Bestuurder
- Ilse Jansoone, Bestuurder
Summary:
v3.2
Technical details
{
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}
}2021
24-12-2021 2 directors appointed
- Purmi Morell, Bestuurder
- Stefaan Konings, Bestuurder
Summary:
v3.2
Technical details
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}04-06-2021 liknur Cengiz resigns as director
- liknur Cengiz, Bestuurder
Summary:
v3.2
Technical details
{
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}2020
08-12-2020 Hans Bruneel appointed as director (executive)
- Hans Bruneel, Directeur
Summary:
v3.2
Technical details
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}
}26-08-2020 Articles of association amended
Summary:
v3.2
Technical details
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},
"legal_form_change": {
"new": "vzw",
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}
}2019
02-07-2019 2 directors appointed
- Reinhard Dhondt, Raad van bestuur
- Marleen Verschraegen, Raad van bestuur
Summary:
v3.2
Technical details
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},
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}26-02-2019 2 directors appointed, 3 resigning
- Badra Djait, Raad van bestuur
- Herwig Onghena, Raad van bestuur
- Emile Kooyman, Raad van bestuur
- Niklaas Van Den Abeele, Raad van bestuur
- Raf Vandenbussche, Raad van bestuur
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_out",
"role": "Raad van Bestuur",
"person": {
"rrn": null,
"name": "Emile Kooyman",
"address": null,
"birth_date": null
}
},
{
"kind": "director_out",
"role": "Raad van Bestuur",
"person": {
"rrn": null,
"name": "Niklaas Van Den Abeele",
"address": null,
"birth_date": null
}
},
{
"kind": "director_out",
"role": "Raad van Bestuur",
"person": {
"rrn": null,
"name": "Raf Vandenbussche",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "Raad van Bestuur",
"person": {
"rrn": null,
"name": "Badra Djait",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "Raad van Bestuur",
"person": {
"rrn": null,
"name": "Herwig Onghena",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0436.199.397",
"name_full": "LOD"
}
}2017
14-04-2017 Ilse Jansoone appointed as lid raad van bestuur
- Ilse Jansoone, Lid raad van bestuur
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_in",
"role": "lid Raad van Bestuur",
"person": {
"rrn": null,
"name": "Ilse Jansoone",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0436.199.397",
"name_full": "LOD"
}
}13-02-2017 liknur Cengiz appointed as raad van bestuur
- liknur Cengiz, Raad van bestuur
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_in",
"role": "Raad van Bestuur",
"person": {
"rrn": null,
"name": "liknur Cengiz",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0436.199.397",
"name_full": "LOD vzw"
}
}2016
25-04-2016 4 directors appointed
- Emile Kooyman, Voorzitter
- Raf Vandenbussche, Ondervoorzitter
- Herwig Onghera, Bestuurder
- Niklaas Van den Abeele, Bestuurder
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_in",
"role": "voorzitter",
"person": {
"rrn": null,
"name": "Emile Kooyman",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "ondervoorzitter",
"person": {
"rrn": null,
"name": "Raf Vandenbussche",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Herwig Onghera",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Niklaas Van den Abeele",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0436.199.397",
"name_full": "LOD"
}
}2015
15-04-2015 Articles of association amended
Summary:
v3.2
Technical details
{
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"name_change": {
"new": "",
"old": "",
"changed": false
},
"seat_change": {
"changed": false
},
"object_change": {
"changed": false
},
"subject_company": {
"kbo": "0436.199.397",
"name_full": "LOD"
},
"legal_form_change": {
"new": "VZW",
"old": "VZW",
"changed": false
}
}Credit advice
Company registry (CBE)
Activities
Beoefening van uitvoerende kunsten door zelfstandig werkende artiesten90201Productie van kunstmanifestaties en voorstellingen door artistieke ensembles92312Beoefening van uitvoerende kunsten door artistieke ensembles90202
Primary activity highlighted.
Names & trade names
| Legal nameNL | LOD |
Registered office
Bijlokekaai 3
9000 Gent, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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