Ludovic Deprez
ActiveSummary
Ludovic Deprez has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153k and a net result of €53k. Equity is growing by ~40.6% per year across the filed fiscal years. Its solvency ranks better than 18% of 12738 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-1
Solvency41▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.98 against 0.67 in 2024; short-term debt: 14.6% and cash: 5.2% of total assets), and 83.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← 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
16.4%
Return on assets
5.6%
Age of the figures
16 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 12738 sector peers (2025).
NBB · sector comparisonPosition among 12738 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 12-11-2025, 49 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
49 d early
2024
32 d early
2023
37 d early
2022
38 d early
2021
58 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close25-09-2026 today31-12-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€153k▲ 52.1%
2024 · €101k
2021: €59k
2022: €32k▼ -45.2% vs 2021lowest in 5 years
2023: €42k▲ +29.9% vs 2022
2024: €101k▲ +141% vs 2023
2025: €153k▲ +52.1% vs 2024highest in 5 years
2021 → 2025
Total assets
€934k▼ 0.3%
2024 · €937k
2021: €96klowest in 5 years
2022: €544k▲ +468% vs 2021
2023: €927k▲ +70.4% vs 2022
2024: €937k▲ +1.0% vs 2023highest in 5 years
2025: €934k▼ -0.3% vs 2024
2021 → 2025
Net result
€53k▼ 11.0%
2024 · €59k
2021: €49k
2022: €-35k▼ -172% vs 2021lowest in 5 years
2023: €10k▲ +127% vs 2022
2024: €59k▲ +514% vs 2023highest in 5 years
2025: €53k▼ -11.0% vs 2024
2021 → 2025
Working capital
€-3k▲ 93.9%
2024 · €-47k
2021: €52khighest in 5 years
2022: €-105k▼ -303% vs 2021lowest in 5 years
2023: €-89k▲ +15.3% vs 2022
2024: €-47k▲ +47.5% vs 2023
2025: €-3k▲ +93.9% vs 2024
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€59k-€32k▼ 45.2%€42k▲ 29.9%€101k▲ 141%€153k▲ 52.1%
2021: €59k
2022: €32k▼ -45.2% vs 2021lowest in 5 years
2023: €42k▲ +29.9% vs 2022
2024: €101k▲ +141% vs 2023
2025: €153k▲ +52.1% vs 2024highest in 5 years
Operating result€78k-€-30k€35k€103k▲ 197%€99k▼ 3.8%
2021: €78k
2022: €-30k▼ -138% vs 2021lowest in 5 years
2023: €35k▲ +218% vs 2022
2024: €103k▲ +197% vs 2023highest in 5 years
2025: €99k▼ -3.8% vs 2024
Net result€49k-€-35k€10k€59k▲ 514%€53k▼ 11.0%
2021: €49k
2022: €-35k▼ -172% vs 2021lowest in 5 years
2023: €10k▲ +127% vs 2022
2024: €59k▲ +514% vs 2023highest in 5 years
2025: €53k▼ -11.0% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €934k
Fixed assets
€801k ▼ 4.7%
Current assets
€133k ▲ 38.0%
Equity and liabilities €934k
Equity
€153k ▲ 52.1%
Debt
€780k ▼ 6.6%
Debt's share of the balance-sheet total falls from 89.2% to 83.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€147k▼
2024 · €153k
Cash flow
€100k▼
2024 · €109k
Current ratio
0.98▲
2024 · 0.67
Debt to equity
5.09▼
2024 · 8.29
ROE
34.3%▼
2024 · 58.5%
ROA
5.6%▼
2024 · 6.3%
Interest coverage
6.48▼
2024 · 8.04
Debt ≤ 1 year
€136k▼
2024 · €143k
Debt > 1 year
€636k▼
2024 · €689k
Income taxes
€25k▲
2024 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€937k€934k▼
Fixed assets21/28€840k€801k▼
Tangible fixed assets22/27€838k€798k▼
Land and buildings22€729k€709k▼
Furniture and vehicles24€99k€74k▼
Other tangible fixed assets26€9k€15k▲
Financial fixed assets28€3k€3k=
Current assets29/58€96k€133k▲
Amounts receivable after more than one year29€29k€60k▲
Other amounts receivable291€29k€60k▲
Amounts receivable within one year40/41€6k€3k▼
Trade receivables40€6k€3k▼
Cash at bank and in hand54/58€41k€48k▲
Deferred charges and accrued income490/1€21k€22k▲
Equity and liabilities
Total equity and liabilities10/49€937k€934k▼
Equity10/15€101k€153k▲
Contributions10/11€19k€19k=
Reserves13€82k€135k▲
Distributable reserves133€82k€135k▲
Profit (loss) carried forward14€159€199▲
Amounts payable17/49€836k€780k▼
Amounts payable after more than one year17€689k€636k▼
Financial debts170/4€689k€636k▼
Amounts payable within one year42/48€143k€136k▼
Current portion of amounts payable after more than one year42€52k€53k▲
Trade debts44€13k€6k▼
Suppliers440/4€13k€6k▼
Taxes, remuneration and social security45€14k€14k▲
Taxes450/3€14k€14k▲
Other amounts payable47/48€65k€63k▼
Accrued charges and deferred income492/3€3k€8k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€48k▼
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A-€3k
Gross operating margin9900€154k€151k▼
Operating profit (loss)9901€103k€99k▼
Financial income75/76B€117€1k▲
Recurring financial income75€117€1k▲
Financial charges65/66B€19k€23k▲
Recurring financial charges65€19k€23k▲
Profit (loss) for the period before taxes9903€84k€78k▼
Income taxes67/77€25k€25k▲
Profit (loss) for the period9904€59k€53k▼
Profit (loss) for the period to be appropriated9905€59k€53k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€53k▲
Profit (loss) brought forward from the previous period14P€-25k€159▲
Transfer to equity691/2€34k€53k▲
To other reserves6921€34k€53k▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €85k | €69k | €50k | €48k | ▼ 4.4% |
| Other operating charges640/8 | - | €115 | €2k | €1k | €1k | ▲ 17.7% |
| Non-recurring operating charges66A | - | - | - | - | €3k | - |
| Gross operating margin9900 | €79k | €56k | €105k | €154k | €151k | ▼ 2.1% |
| Operating profit (loss)9901 | €78k | €-30k | €35k | €103k | €99k | ▼ 3.8% |
| Financial income75/76B | - | €3 | €184 | €117 | €1k | ▲ 1,033% |
| Recurring financial income75 | €0 | €3 | €184 | €117 | €1k | ▲ 1,033% |
| Financial charges65/66B | - | €5k | €20k | €19k | €23k | ▲ 19.1% |
| Recurring financial charges65 | €4k | €5k | €20k | €19k | €23k | ▲ 19.1% |
| Profit (loss) for the period before taxes9903 | €74k | €-35k | €15k | €84k | €78k | ▼ 7.6% |
| Income taxes67/77 | €25k | €389 | €5k | €25k | €25k | ▲ 0.6% |
| Profit (loss) for the period9904 | €49k | €-35k | €10k | €59k | €53k | ▼ 11.0% |
| Profit (loss) for the period to be appropriated9905 | €49k | €-35k | €10k | €59k | €53k | ▼ 11.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €96k | €544k | €927k | €937k | €934k | ▼ 0.3% |
| Fixed assets21/28 | €7k | €515k | €876k | €840k | €801k | ▼ 4.7% |
| Tangible fixed assets22/27 | €7k | €515k | €876k | €838k | €798k | ▼ 4.7% |
| Land and buildings22 | - | €507k | €741k | €729k | €709k | ▼ 2.8% |
| Furniture and vehicles24 | - | €6k | €127k | €99k | €74k | ▼ 25.0% |
| Other tangible fixed assets26 | - | €3k | €7k | €9k | €15k | ▲ 59.2% |
| Financial fixed assets28 | - | - | - | €3k | €3k | = |
| Current assets29/58 | €89k | €29k | €51k | €96k | €133k | ▲ 38.0% |
| Amounts receivable after more than one year29 | - | - | - | €29k | €60k | ▲ 107% |
| Other amounts receivable291 | - | - | - | €29k | €60k | ▲ 107% |
| Amounts receivable within one year40/41 | - | €12k | €1k | €6k | €3k | ▼ 55.6% |
| Trade receivables40 | - | €412 | €1k | €6k | €3k | ▼ 55.6% |
| Other amounts receivable41 | - | €11k | - | - | - | - |
| Cash at bank and in hand54/58 | €81k | €11k | €41k | €41k | €48k | ▲ 17.9% |
| Deferred charges and accrued income490/1 | - | €7k | €9k | €21k | €22k | ▲ 7.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €96k | €544k | €927k | €937k | €934k | ▼ 0.3% |
| Equity10/15 | €59k | €32k | €42k | €101k | €153k | ▲ 52.1% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €49k | €49k | €49k | €82k | €135k | ▲ 63.9% |
| Distributable reserves133 | - | €49k | €49k | €82k | €135k | ▲ 63.9% |
| Profit (loss) carried forward14 | €91 | €-35k | €-25k | €159 | €199 | ▲ 25.4% |
| Amounts payable17/49 | €37k | €512k | €885k | €836k | €780k | ▼ 6.6% |
| Amounts payable after more than one year17 | - | €373k | €741k | €689k | €636k | ▼ 7.7% |
| Financial debts170/4 | - | €373k | €741k | €689k | €636k | ▼ 7.7% |
| Amounts payable within one year42/48 | €37k | €134k | €140k | €143k | €136k | ▼ 5.0% |
| Current portion of amounts payable after more than one year42 | - | €11k | €50k | €52k | €53k | ▲ 3.0% |
| Financial debts43 | - | €115k | - | - | - | - |
| Credit institutions430/8 | - | €115k | - | - | - | - |
| Trade debts44 | €7k | €3k | €15k | €13k | €6k | ▼ 56.6% |
| Suppliers440/4 | - | €3k | €15k | €13k | €6k | ▼ 56.6% |
| Taxes, remuneration and social security45 | - | €1k | €14k | €14k | €14k | ▲ 1.6% |
| Taxes450/3 | - | €1k | €14k | €14k | €14k | ▲ 1.6% |
| Other amounts payable47/48 | - | €4k | €61k | €65k | €63k | ▼ 2.5% |
| Accrued charges and deferred income492/3 | - | €5k | €4k | €3k | €8k | ▲ 163% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €49k | €-35k | €10k | €59k | €53k | ▼ 11.0% |
| + Depreciation and write-downs630 | €1k | €85k | €69k | €50k | €48k | ▼ 4.4% |
| Operating cash flow (approximation) | €50k | €50k | €78k | €109k | €100k | ▼ 8.0% |
| Investment in fixed assets (approximation) | - | €-593k | €-429k | €-14k | €-8k | ▲ 42.7% |
| Change in cash | - | €-71k | €31k | €-474 | €7k | ▲ 1,641% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
12-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-05
Financial
Equity above €150kEq €153k ▲52.1%
3 profitable years in a row build equity to €153k.
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-05
Financial
Highest result since 2021net €59k ▲514%
Operating result €103k, net result €59k, both a record.
31-05
Financial
Equity above €100kEq €101k ▲141%
2 profitable years in a row build equity to €101k.
2023
24-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-05
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
2022
23-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-05
Financial
Weakest financial yearnet €-35k
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Kortenberg · 1 establishment unit since 2019
Ground area
423 m²
Building footprint
119 m²
Parcel 24026B0300/00T000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
Hof van Rotselaar 2, 3078 Kortenberg
since 20192.341.213.081
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24026B0300/00T000 | Flanders | 423 m² | 1 · 119 m² | 0.1 m |
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.
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Of 944 companies in sector 69203 we hold annual accounts for 660. 535 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-06-2019
Fiscal year end31-05
Activities, NACEBEL 2025
69203Activities of company auditors
Scores and ratios are computed by Checked and are not a credit decision.