Investments
Green is investment, beige is depreciation. Machinery stands 86.3% higher than in 2024.
Green is investment, beige is depreciation. Machinery stands 86.3% higher than in 2024.
The 2023 accounts came 30 days late. The other nine of the last ten were filed on time.
Higher solvency than 95% of companies in fabricated metal products. Sector median 45.1% · 2,515 companies.
In July 2024, 31,356 companies had the same profile as LTD Services has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 31,356 companies, not a prediction for LTD Services. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| LTD Services Hamois | €42,497 | 36.1% | 99.6% | - |
| F. SENECHAL & Fils – (Ferronnerie) Sint-Gillis (bij-Brussel) | - | - | 94.7% | - |
| TECHNIDO Zele | €27,189 | -0.2% | 75.3% | - |
| Atelier Notebaert Technics Oudenaarde | - | - | 55.4% | - |
| L.J.B. Tongeren-Borgloon | - | - | 83.1% | - |
| J. ROEGIEST Antwerp | - | - | 53.1% | - |
| EGAL Bree | - | - | -49.8% | - |
Grey: the largest companies of the sector (fabricated metal products (NACE 25)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as LTD Services: forging of metal (NACE 25401). They are comparable in size and age: total assets between €54,800 and €168,000, founded between 1975 and 2002.
LTD Services files the micro format. That format states no turnover. The gross margin fell from €51,811 in 2007 to €16,405 in 2025.
The balance sheet grew most from 2012 to 2014 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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