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LORD

Active
Private limited company (pre-2019)founded 201610 yrs activePlace Nicolaï 48, 4430 Ans, BelgiumKBO/BCE: BE 0657.791.444
Summary

LORD has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€49,862) and a net result of €1,314. Equity is shrinking by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 409 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability83▲+80
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.16 against 0.29 in 2024; short-term debt: 546.4% and cash: 10.5% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-446.4%
Return on assets
11.8%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Manufacture of furniture (NACE 31)
about 43% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 409 sector peers (2025).
NBB · sector comparison
Position among 409 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-01-2026, 11 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
11 d early
2024
44 d early
2023
7 d early
2022
41 d early
2021
38 d early
2020
40 d early
2019
33 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

LORD was incorporated on 29 June 2016.1 Total assets fell from EUR 36,626 in 2019 to EUR 11,169 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€49,862▲ 2.6%
2024 · -€51,176
Total assets
€11,169▼ 54.7%
2024 · €24,639
Net result
€1,314
2024 · -€3,131
Working capital
-€51,365▲ 5.0%
2024 · -€54,072
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 31, Manufacture of furniture, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€1,975-€5,429-€6,956▼ 28.1%-€3,103▲ 55.4%€1,356
Net result€1,882within the sector's middle half-€5,567below the sector's middle half-€7,073below the sector's middle half▼ 27.0%-€3,131within the sector's middle half▲ 55.7%€1,314within the sector's middle half
Equity-€35,405below the sector's middle half▲ 5.0%-€40,972below the sector's middle half▼ 15.7%-€48,045below the sector's middle half▼ 17.3%-€51,176below the sector's middle half▼ 6.5%-€49,862below the sector's middle half▲ 2.6%
Total assets€44,410below the sector's middle half▲ 3.0%€48,842below the sector's middle half▲ 10.0%€31,770below the sector's middle half▼ 35.0%€24,639below the sector's middle half▼ 22.4%€11,169below the sector's middle half▼ 54.7%
Debt€79,815▼ 0.7%€89,815▲ 12.5%€79,815▼ 11.1%€75,815▼ 5.0%€61,031▼ 19.5%
Working capital-€42,864below the sector's middle half▼ 3.1%-€46,655below the sector's middle half▼ 8.8%-€52,334below the sector's middle half▼ 12.2%-€54,072below the sector's middle half▼ 3.3%-€51,365below the sector's middle half▲ 5.0%
Solvency-79.7%below the sector's middle half▲ 6.8pp-83.9%below the sector's middle half▼ 4.2pp-151.2%below the sector's middle half▼ 67.3pp-207.7%below the sector's middle half▼ 56.5pp-446.4%below the sector's middle half▼ 238.7pp
Current ratio0.46below the sector's middle half▼ 0.020.48below the sector's middle half▲ 0.020.34below the sector's middle half▼ 0.140.29below the sector's middle half▼ 0.060.16below the sector's middle half▼ 0.13
Return on assets (ROA)4.2%within the sector's middle half▲ 30.3pp-11.4%below the sector's middle half▼ 15.6pp-22.3%below the sector's middle half▼ 10.9pp-12.7%below the sector's middle half▲ 9.6pp11.8%within the sector's middle half▲ 24.5pp
above within below the middle half (P25 to P75) of NACE 31, Manufacture of furniture, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€7,500-€5,000-€2,500€0€2,500Operating result 2021: €1,975€1,975Net result 2021: €1,882€1,882Operating result 2022: -€5,429-€5,429Net result 2022: -€5,567-€5,567Operating result 2023: -€6,956-€6,956Net result 2023: -€7,073-€7,073Operating result 2024: -€3,103-€3,103Net result 2024: -€3,131-€3,131Operating result 2025: €1,356€1,356Net result 2025: €1,314€1,31420212022202320242025-€7,500-€5,000-€2,500€0€2,500Operating result 2023: -€6,956-€6,960Net result 2023: -€7,073-€7,070Operating result 2024: -€3,103-€3,100Net result 2024: -€3,131-€3,130Operating result 2025: €1,356€1,360Net result 2025: €1,314€1,310202320242025
The operating result returns to profit in 2025: €1,356 after a loss of €3,103 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11,169
Fixed assets €1,503 ▼ 48.1%
Current assets €9,666 ▼ 55.5%
Key figures and ratios
2025 value · change against 2024
EBITDA
€2,749▲
2024 · -€1,709
Cash flow
€2,707▲
2024 · -€1,738
Quick ratio
0.02▼
2024 · 0.17
Debt to equity
-1.22▲
2024 · -1.48
Interest coverage
66.05▲
2024 · -60.64
Debt ≤ 1 year
€61,031▼
2024 · €75,815
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,640 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
2.7% went bankrupt
4.9% stopped otherwise
92% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,640 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 29 lines
Balance sheet Code20242025
Assets
Total assets20/58€24,639€11,169▼
Fixed assets21/28€2,896€1,503▼
Intangible fixed assets21€379€219▼
Tangible fixed assets22/27€2,517€1,284▼
Plant, machinery and equipment23€2,517€1,284▼
Current assets29/58€21,743€9,666▼
Stocks and contracts in progress3€8,490€8,490=
Stocks30/36€8,490€8,490=
Amounts receivable within one year40/41€10,819-
Other amounts receivable41€10,819-
Cash at bank and in hand54/58€2,434€1,176▼
Equity and liabilities
Total equity and liabilities10/49€24,639€11,169▼
Equity10/15-€51,176-€49,862▲
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€69,776-€68,462▲
Amounts payable17/49€75,815€61,031▼
Amounts payable within one year42/48€75,815€61,031▼
Other amounts payable47/48€75,815€61,031▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,393€1,393=
Other operating charges640/8€384€387▲
Gross operating margin9900-€1,325€3,136▲
Operating profit (loss)9901-€3,103€1,356▲
Financial charges65/66B€28€42▲
Recurring financial charges65€28€42▲
Profit (loss) for the period before taxes9903-€3,131€1,314▲
Profit (loss) for the period9904-€3,131€1,314▲
Profit (loss) for the period to be appropriated9905-€3,131€1,314▲
Appropriation of the result
Profit (loss) to be appropriated9906-€69,776-€68,462▲
Profit (loss) brought forward from the previous period14P-€66,645-€69,776▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,281€2,505€1,393€1,393€1,393=
Other operating charges640/8-€598€348€384€387▲ 0.8%
Gross operating margin9900€4,603-€2,327-€5,216-€1,325€3,136▲ 337%
Operating profit (loss)9901€1,975-€5,429-€6,956-€3,103€1,356▲ 144%
Financial income75/76B-€0----
Recurring financial income75€28€0----
Financial charges65/66B-€138€116€28€42▲ 47.6%
Recurring financial charges65€120€138€116€28€42▲ 47.6%
Profit (loss) for the period before taxes9903€1,882-€5,567-€7,073-€3,131€1,314▲ 142%
Profit (loss) for the period9904€1,882-€5,567-€7,073-€3,131€1,314▲ 142%
Profit (loss) for the period to be appropriated9905€1,882-€5,567-€7,073-€3,131€1,314▲ 142%
Line20212022202320242025Change
Assets
Total assets20/58€44,410€48,842€31,770€24,639€11,169▼ 54.7%
Fixed assets21/28€7,459€5,682€4,289€2,896€1,503▼ 48.1%
Intangible fixed assets21€859€699€539€379€219▼ 42.2%
Tangible fixed assets22/27€6,600€4,983€3,750€2,517€1,284▼ 49.0%
Plant, machinery and equipment23-€4,983€3,750€2,517€1,284▼ 49.0%
Current assets29/58€36,950€43,160€27,481€21,743€9,666▼ 55.5%
Stocks and contracts in progress3€16,658€16,490€8,490€8,490€8,490=
Stocks30/36-€16,490€8,490€8,490€8,490=
Amounts receivable within one year40/41€11,133€25,688€10,816€10,819--
Trade receivables40-€14,786----
Other amounts receivable41-€10,902€10,816€10,819--
Cash at bank and in hand54/58€9,159€982€7,587€2,434€1,176▼ 51.7%
Deferred charges and accrued income490/1--€588---
Equity and liabilities
Total equity and liabilities10/49€44,410€48,842€31,770€24,639€11,169▼ 54.7%
Equity10/15-€35,405-€40,972-€48,045-€51,176-€49,862▲ 2.6%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€54,005-€59,572-€66,645-€69,776-€68,462▲ 1.9%
Amounts payable17/49€79,815€89,815€79,815€75,815€61,031▼ 19.5%
Amounts payable within one year42/48€79,815€89,815€79,815€75,815€61,031▼ 19.5%
Other amounts payable47/48-€89,815€79,815€75,815€61,031▼ 19.5%
Line20212022202320242025Change
Profit (loss) for the period9904€1,882-€5,567-€7,073-€3,131€1,314▲ 142%
+ Depreciation and write-downs630€2,281€2,505€1,393€1,393€1,393=
Operating cash flow (approximation)€4,163-€3,062-€5,680-€1,738€2,707▲ 256%
Investment in fixed assets (approximation)--€728€0€0€0-
Change in cash--€8,177€6,605-€5,153-€1,258▲ 75.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
20-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Back to profitnet €1,314
Net result €1,314 after 3 loss-making years.
2024
18-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
24-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
21-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
24-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial Back to profitnet €1,882
Net result €1,882 after 2 loss-making years.
2020
22-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
29-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
24-12
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2017
28-12
NBB filing Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Ans · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
1,113 m²
Building footprint
662 m²
Volume, LiDAR
8,291 m³
Parcel 62003A0691/00F000, Wallonia · tallest building 15.2 m, ±4 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
LORD
Place Nicolaï 48, 4430 AnsManufacture of textiles
since 20162.256.565.735
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62003A0691/00F000 Wallonia 1,112 m² 1 · 662 m² 15.2 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 445 companies in sector 31001 we hold annual accounts for 208. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded29-06-2016
Fiscal year end30-06
Activities, NACEBEL 2025
31001Manufacture of furniture
13929Manufacture of textiles
32400Other manufacturing
47551Retail sale of household furniture
47552Retail sale of lighting equipment
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.