LUDO 85

Active

Private limited companyfounded 20188 yrs activeAvenue de Wallonie(CO) 118, 6180 Courcelles, BelgiumKBO/BCE: BE 0703.951.863

The computed 12-month bankruptcy probability of LUDO 85 is 1.9% (moderate). The 2025 annual accounts show negative equity (€-16k) and a net result of €1k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 18039 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2025

42 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability58▲+58

Solvency17▲+2

Growth58▲+26

Track record100

Bankruptcy probability, 12 months

1.9% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.89 against 0.88 in 2024; short-term debt: 108.2% and cash: 21.7% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Nine signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

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

-8.2%

Return on assets

0.7%

Age of the figures

9 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 18039 sector peers (2025).

NBB · sector comparison

Position among 18039 sector peers

Solvency

better than 19%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

11 d early

2024

38 d early

2023

8 d early

2022

10 d early

2021

30 d early

2020

23 d late

2019

3 d late

← before the deadline after the deadline →

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 months

Position in the running window

16-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€-16k▲ 7.6%

2024 · €-17k

2019: €11k 2020: €33k 2021: €36k 2022: €34k 2023: €14k 2024: €-17k

2019 → 2025

Total assets

€194k▲ 18.2%

2024 · €164k

2019: €76k 2020: €88k 2021: €122k 2022: €149k 2023: €159k 2024: €164k

2019 → 2025

Net result

€1k

2024 · €-31k

2019: €-7k 2020: €22k 2021: €2k 2022: €-1k 2023: €-20k 2024: €-31k

2019 → 2025

Working capital

€-23k▼ 3.4%

2024 · €-22k

2019: €9k 2020: €32k 2021: €28k 2022: €28k 2023: €10k 2024: €-22k

2019 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€36k-€34k▼ 3.8%€14k▼ 58.7%€-17k€-16k▲ 7.6%

Operating result€-2k-€-878▲ 62.6%€-20k▼ 2,139%€-31k▼ 55.6%€2k

Net result€2k-€-1k€-20k▼ 1,378%€-31k▼ 55.5%€1k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €2k after a loss of €31k in 2024, the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €194k

96.4%

Fixed assets €7k▲ 42.5%

Current assets €187k▲ 17.5%

Key figures and ratios

2025 value · change against 2024

EBITDA

€3k▲

2024 · €-29k

Cash flow

€3k▲

2024 · €-30k

Solvency

-8.2%▲

2024 · -10.5%

Current ratio

0.89▲

2024 · 0.88

Quick ratio

0.22▼

2024 · 0.28

Debt / equity

-13.24▼

2024 · -10.57

ROA

0.7%▲

2024 · -19.1%

Interest coverage

4.57▲

2024 · -36.43

Debt

€210k▲

2024 · €182k

Debt ≤ 1 year

€210k▲

2024 · €182k

Staff costs

€53k▼

2024 · €71k

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€164k€194k▲

Fixed assets21/28€5k€7k▲

Tangible fixed assets22/27€2k€1k▼

Plant, machinery and equipment23€2k€1k▼

Furniture and vehicles24€733€170▼

Financial fixed assets28€2k€6k▲

Current assets29/58€160k€187k▲

Stocks and contracts in progress3€108k€141k▲

Stocks30/36€108k€141k▲

Amounts receivable within one year40/41€5k€5k▼

Trade receivables40€5k€5k▼

Other amounts receivable41-€41

Cash at bank and in hand54/58€46k€42k▼

Deferred charges and accrued income490/1-€216

Equity and liabilities

Total equity and liabilities10/49€164k€194k▲

Equity10/15€-17k€-16k▲

Contributions10/11€19k€19k=

Profit (loss) carried forward14€-36k€-34k▲

Amounts payable17/49€182k€210k▲

Amounts payable within one year42/48€182k€210k▲

Trade debts44€101k€135k▲

Suppliers440/4€101k€135k▲

Taxes, remuneration and social security45€28k€23k▼

Taxes450/3€19k€17k▼

Remuneration and social security454/9€9k€6k▼

Other amounts payable47/48€52k€53k▲

Income statement Code20242025

Non-recurring operating income76A€650€2k▲

Remuneration, social security and pensions62€71k€53k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=

Other operating charges640/8€841€1k▲

Non-recurring operating charges66A€958€14▼

Gross operating margin9900€44k€58k▲

Operating profit (loss)9901€-31k€2k▲

Financial income75/76B€43€143▲

Recurring financial income75€43€143▲

Financial charges65/66B€805€684▼

Recurring financial charges65€805€684▼

Profit (loss) for the period before taxes9903€-31k€1k▲

Income taxes67/77€13-

Profit (loss) for the period9904€-31k€1k▲

Profit (loss) for the period to be appropriated9905€-31k€1k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-36k€-34k▲

Profit (loss) brought forward from the previous period14P€-4k€-36k▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 10Financial 3Filings 7

Next filing, fiscal year 2026, expected by 31-07-2027

2026

20-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Back to profitnet €1k

Net result €1k after 3 loss-making years.

23-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €-31k

Net result drops to €-31k, the lowest in the series; recovery starts the following year.

23-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

21-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

01-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

23-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 23 days late

2020

31-12

Financial Back to profitnet €22k

Net result €22k after one loss-making year.

03-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 3 days late

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, Courcelles · 3 establishment units since 2018

establishment All 3 establishment units on the map

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.

Avenue de Wallonie(CO) 1186180 Courcelles

Ground area

4.3 ha

Building footprint

2.6 ha

Volume, LiDAR

113,624 m³

4 parcels, Wallonia · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.

3 establishment units

Secret corner

Rue du Trieu-Kaisin 1, 6200 ChâteletAgents in the wholesale of furniture, household goods and hardware

since 20182.279.498.317

Secret Corner

Grand'rue 143, 6000 CharleroiRetail sale of clothing and accessories for women, men, children and babies (general range)

since 20212.313.864.526

Pronti

Rue du Trieu-Kaisin 71, 6200 ChâteletRetail sale of other sporting goods

since 20262.388.659.345

4 parcels

Wallonia 4 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
52502C0335/00E005	Wallonia	3.3 ha	1 · 2.2 ha	9.5 m · 2 fl.
52502C0323/00F002	Wallonia	6,697 m²	1 · 4,441 m²	-
52302A1138/00X000	Wallonia	1,734 m²	-	-
52322A0147/00P006	Wallonia	1,444 m²	1 · 201 m²	-