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LTD FINITIONS

Active
Private limited companyfounded 1998active for 28 yearsRue Thier-del-Dague 26, 4000 Liège, BelgiumKBO/BCE: BE 0462.802.539
Summary

The computed 12-month bankruptcy probability of LTD FINITIONS is 8.7% (elevated). The 2025 annual accounts show negative equity (-€85,379) and a net result of -€126,450. Equity is shrinking by about 20% per year across the filed financial years. Its solvency ranks better than 9% of 279 sector peers (NACE 31, financial year 2025). The company has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of furniture
NACE 31001Other building finishing work NACE 43350
1 site
Size
€320,996total assets 2025
Staff
7.1 FTE
Equity
-€85,379
Loss
-€126,450
Financial health
30 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
8.7%
Structure
Parent
DERO-INVEST · 100%
Accounts filed 28 days late0 of 5 deeds read
Why 30raises riskNegative equity -€85,379Loss of €126,450 (financial year 2025)Sector: Manufacture of furniture (NACE 31)Liquidity: current ratio 0.62, cash €72, halvedShow the evidence

Checked score

Score 2025
30 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 4% of its sector peers (NACE 31, micro)
Financial strength · tick = 2024
Weak
Solvency 0-34
equity -26.6% of total assets
Liquidity 0-13
short-term debt 117.3% · cash 0.0%
Profitability 0-71
return on assets -39.4%
Bankruptcy probability, 12 months
8.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (829 companies, NACE 31, micro)
Last 24 months 11-2024: 3.3% 12-2024: 3.3%● unchanged vs 11-2024 01-2025: 3.3%● unchanged vs 12-2024 02-2025: 3.3%● unchanged vs 01-2025 03-2025: 3.3%● unchanged vs 02-2025 04-2025: 3.4%▲ +0.1 percentage points vs 03-2025 05-2025: 3.4%● unchanged vs 04-2025 06-2025: 3.2%▼ -0.2 percentage points vs 05-2025 07-2025: 1.8%▼ -1.4 percentage points vs 06-2025 08-2025: 1.8%● unchanged vs 07-2025 09-2025: 1.8%● unchanged vs 08-2025 10-2025: 1.8%● unchanged vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 1.8%● unchanged vs 02-2026 04-2026: 1.8%● unchanged vs 03-2026 05-2026: 1.8%● unchanged vs 04-2026 06-2026: 1.7%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 1.8%▲ +0.1 percentage points vs 06-2026 08-2026: 3.1%▲ +1.3 percentage points vs 07-2026 09-2026: 8.7%▲ +5.6 percentage points vs 08-2026highest value 10-2026: 8.7%● unchanged vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.62, compared with 1.1 in 2024; short-term debt: 117.3% and cash: 0% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 31, micro): better than 6% on solvency, 2% on liquidity, 7% on profitability and 2% on growth.

The bankruptcy probability was computed on 10-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises riskneutral
raises risk · Negative equity -€85,379
NBB · annual accounts
raises risk · Loss of €126,450 (financial year 2025)
NBB · annual accounts
raises risk · Sector: Manufacture of furniture (NACE 31)
KBO
raises risk · Liquidity: current ratio 0.62, cash €72, halved
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€85,379
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
41 days early
2023
1 day late
2022
3 days early
2021
30 days early
2020
65 days early
2019
8 days 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 17 days before the deadline; the sector median (NACE 31) for financial year 2024 is 7 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Where today falls in the filing period
11-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Weakest financial yearnet -€126,450
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€85,379 View
  • Caution: From profit to loss in 2025after €6,757 in 2024 -€126,450 View
  • Caution: Among the weakest 7% on net resultsector median €13,118 · 279 companies -€126,450 View
  • Controlled by DERO-INVEST 100% View

By topic

Financials

Financial year
2025
Total assets
€320,996
Loss
-€126,450
Solvency
-26.6%
Turnover▲ 5.5%
Net result
20182019
Go to Financials

Timeline

Events
31
Since
1999
Next accounts
by 31-07-2027
  1. 31-12-2024Back to profit
  2. 01-08-2024Annual accounts filed
  3. 28-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of furnitureNACE 31001
Founded
03-03-1998
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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