LEAN DEVELOPMENTS, PROJECTS & SERVICES
ActiveLEAN DEVELOPMENTS, PROJECTS & SERVICES has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35k and a net result of €-421k. Equity is shrinking by ~22.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 81% of 13882 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 3.74 against 4.12 in 2024), and 26.7% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
73.3%
Return on assets
-875%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€421k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
20 d late
2023
61 d late
2022
on the day
2021
10 d late
2020
25 d late
2019
69 d late
← 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-421k▼ 1,504%
2024 · €-26k
2018: €587k
2019: €18k
2020: €-81k
2021: €19k
2022: €-295k
2023: €-139k
2024: €-26k
2018 → 2025
Working capital
€35k▼ 92.3%
2024 · €457k
2018: €1.22M
2019: €1.24M
2020: €1.16M
2021: €915k
2022: €620k
2023: €483k
2024: €457k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€917k-€622k▼ 32.1%€483k▼ 22.4%€457k▼ 5.4%€35k▼ 92.3%
Operating result€26k-€-290k€-136k▲ 53.1%€-20k▲ 85.2%€-419k▼ 1,981%
Net result€19k-€-295k€-139k▲ 52.7%€-26k▲ 81.2%€-421k▼ 1,504%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €419k in 2025 against €20k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €48k
Equity
€35k▼ 92.3%
Debt
€13k▼ 91.2%
The debt ratio rises from 24.3% to 26.7%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-419k▼
2024 · €-20k
Cash flow
€-421k▼
2024 · €-26k
Solvency
73.3%▼
2024 · 75.7%
Current ratio
3.74▼
2024 · 4.12
Quick ratio
3.74▲
2024 · 0.17
Debt / equity
0.36▲
2024 · 0.32
ROA
-875.0%▼
2024 · -4.4%
Interest coverage
-198.20▼
2024 · -3.22
Debt
€13k▼
2024 · €146k
Debt ≤ 1 year
€13k▼
2024 · €146k
A ratio outside any meaningful range has been withheld (balance sheet total €48k, equity €35k).
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€603k€48k▼
Fixed assets21/28€128-
Tangible fixed assets22/27€128-
Leasing and similar rights25€128-
Current assets29/58€603k€48k▼
Stocks and contracts in progress3€578k-
Contracts in progress37€578k-
Amounts receivable within one year40/41€25k€25k▲
Trade receivables40€7k€16k▲
Other amounts receivable41€18k€9k▼
Cash at bank and in hand54/58-€23k
Equity and liabilities
Total equity and liabilities10/49€603k€48k▼
Equity10/15€457k€35k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€436k€15k▼
Amounts payable17/49€146k€13k▼
Amounts payable within one year42/48€146k€13k▼
Financial debts43€74k-
Credit institutions430/8€74k-
Trade debts44€18k€13k▼
Suppliers440/4€18k€13k▼
Other amounts payable47/48€55k€31▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€348€128▼
Other operating charges640/8€4k€4k▼
Gross operating margin9900€-16k€-415k▼
Operating profit (loss)9901€-20k€-419k▼
Financial income75/76B€18-
Recurring financial income75€18-
Financial charges65/66B€6k€2k▼
Recurring financial charges65€6k€2k▼
Profit (loss) for the period before taxes9903€-26k€-421k▼
Profit (loss) for the period9904€-26k€-421k▼
Profit (loss) for the period to be appropriated9905€-26k€-421k▼
Appropriation of the result
Profit (loss) to be appropriated9906€436k€15k▼
Profit (loss) brought forward from the previous period14P€463k€436k▼
The notes to these accounts (5 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Weakest financial yearnet €-421k
Net result drops to €-421k, the lowest in the series.
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity quadruplescurrent ratio 10.73
Current ratio from 2.43 to 10.73; short-term debt falls from €639k to €64k.
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 10 days late
2021
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 25 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 69 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
06-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 6 days late
2017
20-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
06-12-2023
Resigned as Manager
27-01-2016
Resigned as Managing director
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2015
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.
Alsembergsesteenweg 8971180 UkkelGround area
347 m²
Building footprint
329 m²
Volume, LiDAR
3,129 m³
Parcel 21616A0121/00Y002, Brussels · tallest building 17.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Alsembergsesteenweg 897, 1180 Ukkel
since 20152.241.798.573
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616A0121/00Y002 | Brussels | 347 m² | 1 · 329 m² | 17.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
3 connected companiesNetwork connections
Shared address
→
Shared address
→
Shared address
→
Similar companies · same sector, comparable size
DGI
BE 0473.502.629
Sint-Katelijne-Waver · Eq €35k
KIMBAL GI
BE 0717.637.276
Wavre · Eq €35k
TDB IMMO
BE 0793.507.510
Braine-le-Château · Eq €35k
IMMOTOP one
BE 0874.902.782
Mons · Eq €35k
LOCUS REAL ESTATE
BE 0677.587.065
Beveren-Kruibeke-Zwijndrecht · Eq €35k
Of 11,700 companies in sector 68310 we hold annual accounts for 6,875. 4,529 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-03-2015
Fiscal year end31-12
Abbreviation FR
LDPS
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
68322Real estate appraisal on a fee or contract basis
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.