LTDB
ActiveThe computed 12-month bankruptcy probability of LTDB is 4.7% (elevated). The 2025 annual accounts show equity of €159k and a net result of €60k. Equity is growing by ~56.5% per year across the filed fiscal years. Its solvency ranks better than 79% of 7690 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
100
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability94
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 2.31 against 4.96 in 2024), and 20.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
79.9%
Return on assets
30.2%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
3 d early
2024
22 d early
2023
29 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€159k▲ 59.5%
2024 · €99k
2023: €46k
2024: €99k
2023 → 2025
Total assets
€198k▲ 59.4%
2024 · €125k
2023: €69k
2024: €125k
2023 → 2025
Net result
€60k▲ 11.0%
2024 · €54k
2023: €44k
2024: €54k
2023 → 2025
Working capital
€52k▼ 48.1%
2024 · €99k
2023: €46k
2024: €99k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€46k-€99k▲ 115%€159k▲ 59.5%
Operating result€55k-€68k▲ 23.0%€75k▲ 10.5%
Net result€44k-€54k▲ 22.8%€60k▲ 11.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 10% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €198k
Fixed assets
€108k
Current assets
€91k
Equity and liabilities €198k
Equity
€159k▲ 59.5%
Debt
€40k▲ 58.6%
The debt ratio falls from 20.2% to 20.1%: equity grows faster than debt.
Key figures and ratios
EBITDA
€85k
Cash flow
€69k
Solvency
79.9%▲
2024 · 79.8%
Current ratio
2.31▼
2024 · 4.96
Quick ratio
2.31▼
2024 · 4.96
Debt / equity
0.25▼
2024 · 0.25
ROE
37.8%▼
2024 · 54.4%
ROA
30.2%▼
2024 · 43.4%
Interest coverage
582.01
Debt
€40k▲
2024 · €25k
Debt ≤ 1 year
€39k▲
2024 · €25k
Income taxes
€15k▲
2024 · €14k
Staff costs
€12k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€125k€198k▲
Fixed assets21/28-€108k
Tangible fixed assets22/27-€108k
Plant, machinery and equipment23-€70k
Furniture and vehicles24-€38k
Current assets29/58€125k€91k▼
Amounts receivable within one year40/41€8k€35k▲
Trade receivables40€8k€7k▼
Other amounts receivable41-€27k
Cash at bank and in hand54/58€116k€53k▼
Deferred charges and accrued income490/1€938€3k▲
Equity and liabilities
Total equity and liabilities10/49€125k€198k▲
Equity10/15€99k€159k▲
Contributions10/11€3k€3k=
Reserves13€96k€156k▲
Distributable reserves133€96k€156k▲
Amounts payable17/49€25k€40k▲
Amounts payable within one year42/48€25k€39k▲
Trade debts44€2k€10k▲
Suppliers440/4€2k€10k▲
Taxes, remuneration and social security45€20k€29k▲
Taxes450/3€18k€25k▲
Remuneration and social security454/9€2k€4k▲
Other amounts payable47/48€3k€833▼
Accrued charges and deferred income492/3-€592
Income statement
Code20242025
Remuneration, social security and pensions62-€12k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€9k
Other operating charges640/8€118€120▲
Gross operating margin9900€68k€97k▲
Operating profit (loss)9901€68k€75k▲
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€79€145▲
Recurring financial charges65€79€145▲
Profit (loss) for the period before taxes9903€68k€75k▲
Income taxes67/77€14k€15k▲
Profit (loss) for the period9904€54k€60k▲
Profit (loss) for the period to be appropriated9905€54k€60k▲
Appropriation of the result
Profit (loss) to be appropriated9906€54k€60k▲
Transfer to equity691/2€53k€59k▲
To other reserves6921€53k€59k▲
Profit to be distributed694/7€859€833▼
Return on contributions (dividend)694€859€833▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €60k ▲11%
Operating result €75k, net result €60k, both a record.
31-12
Financial
Equity above €150kEq €159k ▲59.5%
3 profitable years in a row build equity to €159k.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Kalmthout · 2 establishment units since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Nieuwmoer-Dorp (Nm) 212920 KalmthoutGround area
1,359 m²
Building footprint
464 m²
Volume, LiDAR
629 m³
2 parcels, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
LTDB
since 20232.343.915.027
Frituur 't Sas
since 20252.374.088.856
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11662C0883/00A000 | Flanders | 1,243 m² | 1 · 348 m² | - |
| 13502E0447/02K000 | Flanders | 116 m² | 1 · 116 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteRijkevorsel2.374.088.856
Similar companies · same sector, comparable size
Aalstralian
BE 1019.799.701
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N.R. Charleroi
BE 0742.870.540
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MARQA
BE 0728.912.735
Antwerpen · Eq €159k
Gaufre’tje
BE 0769.729.741
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Vannieuwenhuyse Stefan
BE 0644.844.419
Torhout · Eq €159k
Of 21,621 companies in sector 56112 we hold annual accounts for 9,654. 7,084 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-04-2023
Fiscal year end31-12
Activities, NACEBEL
56112Limited-service restaurants, excluding mobile food services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.