LVD Management
ActiveSummary
The computed 12-month bankruptcy probability of LVD Management is 2.6% (moderate). The 2024 annual accounts show negative equity (-€4,574) and a net result of -€37,169. Equity is shrinking by ~63.7% per year across the filed fiscal years. Its solvency ranks better than 8% of 37964 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-43
Solvency11▼-53
Growth32▼-46
Track record86
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.42 against 1.77 in 2023; short-term debt: 70.9% and cash: 9.7% of total assets), and equity is negative.
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Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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
raises risk · 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 2024Solvency, return and age of the figures
Solvency
-13.7%
Return on assets
-111.3%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
222324
2022 to 2024 · latest year -€4,574
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
29 d late
2022
14 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 36 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
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Financials · fiscal year 2024, micro schema
Equity
-€4,574
2023 · €32,595
Total assets
€33,391▼ 60.0%
2023 · €83,472
Net result
-€37,169
2023 · €15,940
Working capital
-€13,617
2023 · €23,546
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202220232024
Operating result€18,071--€37,673-€35,927▲ 4.6%
Net result€14,155within the sector's middle half-€15,940within the sector's middle half▲ 12.6%-€37,169below the sector's middle half
Equity€16,655below the sector's middle half-€32,595within the sector's middle half▲ 95.7%-€4,574below the sector's middle half
Total assets€70,564below the sector's middle half-€83,472within the sector's middle half▲ 18.3%€33,391below the sector's middle half▼ 60.0%
Debt€53,910-€50,877▼ 5.6%€37,966▼ 25.4%
Working capital€23,815within the sector's middle half-€23,546within the sector's middle half▼ 1.1%-€13,617below the sector's middle half
Solvency23.6%below the sector's middle half-39.0%within the sector's middle half▲ 15.4pp-13.7%below the sector's middle half▼ 52.7pp
Current ratio2.71within the sector's middle half-1.77within the sector's middle half▼ 0.940.42below the sector's middle half▼ 1.34
Return on assets (ROA)20.1%within the sector's middle half-19.1%within the sector's middle half▼ 1.0pp-111.3%below the sector's middle half▼ 130.4pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €35,927 in 2024 against €37,673 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €33,391
Fixed assets
€23,343 ▼ 20.3%
Current assets
€10,049 ▼ 81.5%
Key figures and ratios
EBITDA
-€28,653▲
2023 · -€31,783
Cash flow
-€29,896▼
2023 · €21,830
Debt to equity
-8.30▼
2023 · 1.56
Interest coverage
-23.06▼
2023 · -22.97
Debt ≤ 1 year
€23,665▼
2023 · €30,652
Debt > 1 year
€14,301▼
2023 · €20,225
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
8.9%
went bankrupt
5.6%
stopped otherwise
85%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,638 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | €351 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €442 | €5,890 | €7,274 | ▲ 23.5% |
| Other operating charges640/8 | €627 | €1,119 | €1,290 | ▲ 15.3% |
| Gross operating margin9900 | €19,140 | -€30,664 | -€27,363 | ▲ 10.8% |
| Operating profit (loss)9901 | €18,071 | -€37,673 | -€35,927 | ▲ 4.6% |
| Financial income75/76B | - | €55,120 | - | - |
| Recurring financial income75 | - | €55,120 | - | - |
| Financial charges65/66B | €126 | €1,384 | €1,242 | ▼ 10.2% |
| Recurring financial charges65 | €126 | €1,384 | €1,242 | ▼ 10.2% |
| Profit (loss) for the period before taxes9903 | €17,945 | €16,063 | -€37,169 | ▼ 331% |
| Income taxes67/77 | €3,790 | €123 | - | - |
| Profit (loss) for the period9904 | €14,155 | €15,940 | -€37,169 | ▼ 333% |
| Profit (loss) for the period to be appropriated9905 | €14,155 | €15,940 | -€37,169 | ▼ 333% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €70,564 | €83,472 | €33,391 | ▼ 60.0% |
| Fixed assets21/28 | €32,840 | €29,274 | €23,343 | ▼ 20.3% |
| Tangible fixed assets22/27 | €32,780 | €29,274 | €23,343 | ▼ 20.3% |
| Furniture and vehicles24 | €32,780 | €29,274 | €23,343 | ▼ 20.3% |
| Financial fixed assets28 | €60 | €0 | - | - |
| Current assets29/58 | €37,724 | €54,198 | €10,049 | ▼ 81.5% |
| Amounts receivable within one year40/41 | €7,183 | €28,551 | €6,811 | ▼ 76.1% |
| Trade receivables40 | - | - | €5,324 | - |
| Other amounts receivable41 | €7,183 | €28,551 | €1,487 | ▼ 94.8% |
| Cash at bank and in hand54/58 | €27,730 | €23,847 | €3,237 | ▼ 86.4% |
| Deferred charges and accrued income490/1 | €2,811 | €1,800 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €70,564 | €83,472 | €33,391 | ▼ 60.0% |
| Equity10/15 | €16,655 | €32,595 | -€4,574 | ▼ 114% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | €14,155 | €30,095 | €30,095 | = |
| Distributable reserves133 | €14,155 | €30,095 | €30,095 | = |
| Profit (loss) carried forward14 | - | - | -€37,169 | - |
| Amounts payable17/49 | €53,910 | €50,877 | €37,966 | ▼ 25.4% |
| Amounts payable after more than one year17 | €40,000 | €20,225 | €14,301 | ▼ 29.3% |
| Financial debts170/4 | - | €20,225 | €14,301 | ▼ 29.3% |
| Other amounts payable178/9 | €40,000 | €0 | - | - |
| Amounts payable within one year42/48 | €13,910 | €30,652 | €23,665 | ▼ 22.8% |
| Current portion of amounts payable after more than one year42 | - | €5,675 | €5,925 | ▲ 4.4% |
| Trade debts44 | €9,787 | €24,824 | €5,420 | ▼ 78.2% |
| Suppliers440/4 | €9,787 | €24,824 | €5,420 | ▼ 78.2% |
| Taxes, remuneration and social security45 | €4,122 | €152 | €83 | ▼ 45.4% |
| Taxes450/3 | €4,122 | €152 | €83 | ▼ 45.4% |
| Other amounts payable47/48 | - | - | €12,237 | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,155 | €15,940 | -€37,169 | ▼ 333% |
| + Depreciation and write-downs630 | €442 | €5,890 | €7,274 | ▲ 23.5% |
| Operating cash flow (approximation) | €14,597 | €21,830 | -€29,896 | ▼ 237% |
| Investment in fixed assets (approximation) | - | -€2,324 | -€1,342 | ▲ 42.3% |
| Change in cash | - | -€3,883 | -€20,610 | ▼ 431% |
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
2026
20-07
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- General meeting, 01-06-2026
- Registered-office move, Stationsstraat 43, 3920 Lommel
26-01
KBO administration
Address struck
Venetiëlaan 4 2490 L’adresse du siège Venetiëlaan 4 2490 Balen Die Sitzadresse Venetiëlaan 4 2490 Balen
Balen werd doorgehaald met ingang van · event 22-11-2025
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
31-12
Financial
Weakest financial yearnet -€37,169
Net result drops to -€37,169, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2022net €15,940 ▲12.6%
Net result €15,940, the highest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lommel · 1 establishment unit since 2021
Ground area
3,045 m²
Building footprint
369 m²
Volume, LiDAR
2,884 m³
2 parcels, Flanders · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LVD Management
since 20212.324.345.969
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72020C0774/00Y000 | Flanders | 2,060 m² | 1 · 220 m² | 12.9 m · 3 fl. |
| 13003A0108/00K009 | Flanders | 986 m² | 1 · 149 m² | 12.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 3,090 EUR awarded · 7,200 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 3,090 EUR | 3,090 EUR |
| 2023 | 1 | 0 EUR | 4,110 EUR |
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Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 35,095 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
Founded27-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
70100Activities of head offices
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0776583483
Registered
16-11-2021
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.