REDERIJ LADRAM
ActiveREDERIJ LADRAM has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show negative equity (€-89k) and a net result of €-5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2026
33
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability0▼-100
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.06 against 0.12 in 2025; cash: 63.9% of total assets), and equity is negative.
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 · 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 2026Solvency, return and age of the figures
Return on assets
-68.7%
Age of the figures
6 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 03
Relative position
BE, all sectors
reference
Sector 03
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2026 annual accounts show negative equity and a net loss.
NBB · annual accounts 2026Equity per financial year
1920212223242526
2019 to 2026 · latest year €-89k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 31-08-2026, 61 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
61 d early
2025
on the day
2024
5 d late
2023
7 d early
2022
24 d late
2021
24 d late
2020
26 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, abbreviated schema
Equity
€-89k▼ 6.4%
2025 · €-84k
2019: €185k
2020: €70k
2021: €-6k
2022: €-69k
2023: €-384k
2024: €-393k
2025: €-84k
2019 → 2026
Total assets
€8k▼ 43.9%
2025 · €14k
2019: €692k
2020: €639k
2021: €559k
2022: €505k
2023: €161k
2024: €157k
2025: €14k
2019 → 2026
Net result
€-5k
2025 · €309k
2019: €-15k
2020: €-115k
2021: €-76k
2022: €-63k
2023: €-287
2024: €-9k
2025: €309k
2019 → 2026
Working capital
€-91k▼ 6.3%
2025 · €-86k
2019: €-481k
2020: €-537k
2021: €-18k
2022: €-30k
2023: €131k
2024: €125k
2025: €-86k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€-69k-€-384k▼ 458%€-393k▼ 2.3%€-84k▲ 78.6%€-89k▼ 6.4%
Operating result€-63k-€-5k▲ 91.7%€-14k▼ 160%€304k€-5k
Net result€-63k-€-287▲ 99.5%€-9k▼ 2,925%€309k€-5k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2026: a loss of €5k after €304k in 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €8k
Fixed assets
€2k=
Current assets
€6k▼ 51.4%
Key figures and ratios
Current ratio
0.06▼
2025 · 0.12
Quick ratio
0.06▼
2025 · 0.12
Debt / equity
-1.09▲
2025 · -1.17
ROA
-68.7%
Debt
€97k▼
2025 · €98k
Debt ≤ 1 year
€97k▼
2025 · €98k
A ratio outside any meaningful range has been withheld (balance sheet total €8k, equity €-89k).
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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€14k€8k▼
Fixed assets21/28€2k€2k=
Financial fixed assets28€2k€2k=
Current assets29/58€12k€6k▼
Amounts receivable within one year40/41€2k€751▼
Other amounts receivable41€2k€751▼
Cash at bank and in hand54/58€5k€5k▲
Deferred charges and accrued income490/1€5k€38▼
Equity and liabilities
Total equity and liabilities10/49€14k€8k▼
Equity10/15€-84k€-89k▼
Contributions10/11€48k€48k=
Profit (loss) carried forward14€-131k€-137k▼
Amounts payable17/49€98k€97k▼
Amounts payable within one year42/48€98k€97k▼
Trade debts44€1k€623▼
Suppliers440/4€1k€623▼
Taxes, remuneration and social security45€3k€3k=
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€94k€94k=
Income statement
Code20252026
Non-recurring operating income76A€317k-
Other operating charges640/8€513€528▲
Gross operating margin9900€305k€-5k▼
Operating profit (loss)9901€304k€-5k▼
Financial income75/76B€5k€82▼
Recurring financial income75€5k€82▼
Financial charges65/66B€143€150▲
Recurring financial charges65€143€150▲
Profit (loss) for the period before taxes9903€309k€-5k▼
Profit (loss) for the period9904€309k€-5k▼
Profit (loss) for the period to be appropriated9905€309k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-131k€-137k▼
Profit (loss) brought forward from the previous period14P€-440k€-131k▲
The notes to these accounts (4 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 2027, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
14-08
State Gazette act
Registered office · Resignations & appointmentsGeneral meeting · Director resignation · Director discharge6 facts ▸
State Gazette act
Registered office · Resignations & appointments
General meeting · Director resignation · Director discharge6 facts ▸
- General meeting, 01/04/2026
- Director resignation, Sabine COUWYZER (bestuurder)
- Director discharge, Sabine COUWYZER (bestuurder)
- Director appointment, OFFICE MARE (alleen handelend bestuurder)
- Permanent representative, Maureen Vanovenberghe
- Registered-office move, 8301 Knokke-Heist, Invalidenlaan 14
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Back to profitnet €309k
Net result €309k after 6 loss-making years.
2024
05-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 5 days late
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Liquidity times 247current ratio 24.18
Current ratio from 0.10 to 24.18; short-term debt falls from €34k to €6k.
2022
24-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 24 days late
2021
24-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
31-03
Financial
Weakest financial yearnet €-115k
Net result drops to €-115k, the lowest in the series; recovery starts the following year.
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
28-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2017
20-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 20 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2026
OFFICE MARE
CurrentAlleen handelend bestuurder · since 01-04-2026 · Private limited company · perm. rep.: Maureen Vanovenberghe
01-04-2026
OFFICE MARE: Appointed as Alleen handelend bestuurder
01-04-2026
Sabine COUWYZER: Resigned as Director
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 1998
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.
Invalidenlaan 148301 Knokke-HeistGround area
509 m²
Building footprint
242 m²
Volume, LiDAR
945 m³
2 parcels, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
O 83 JOKE
since 19982.089.114.833
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039E0175/00L002 | Flanders | 404 m² | 1 · 137 m² | 0.1 m |
| 31336H1125/00_000 | Flanders | 105 m² | 1 · 105 m² | 14.9 m · 4 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.
Structure & network
Connections & network
2 connected companiesNetwork connections
Shared corporate director
→
Shared corporate director
→
Similar companies · same sector, comparable size
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REDERIJ FISTON
BE 0524.741.690
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Rederij AEGIR
BE 0466.202.487
Brugge · Eq €88k
BETOCUP
BE 0713.491.814
Kraainem · Eq €54k
ANNEMIE
BE 0629.943.635
Koksijde · Eq €91k
Of 104 companies in sector 03110 we hold annual accounts for 76. 42 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-10-1998
Fiscal year end31-03
Activities, NACEBEL
03110Fishing and aquaculture
05010
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.