L & L
ActiveL & L has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €95k and a net result of €19k. Equity is growing by ~30.7% per year across the filed fiscal years. Its solvency ranks better than 55% of 26053 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▲+4
Solvency63▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.62 against 0.3 in 2023; short-term debt: 49.7% and cash: 6.9% of total assets), and 61.8% of the assets are financed with debt.
Credit advice 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 · 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 · 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 →
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
38.2%
Return on assets
7.5%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
208 d late
2022
52 d late
2021
31 d late
2020
31 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€95k▲ 24.6%
2023 · €76k
2018: €19k
2019: €28k
2020: €33k
2021: €50k
2022: €65k
2023: €76k
2018 → 2024
Total assets
€249k▼ 6.0%
2023 · €265k
2018: €356k
2019: €320k
2020: €280k
2021: €262k
2022: €219k
2023: €265k
2018 → 2024
Net result
€19k▲ 67.1%
2023 · €11k
2018: €10k
2019: €9k
2020: €4k
2021: €17k
2022: €15k
2023: €11k
2018 → 2024
Working capital
€-47k▲ 53.5%
2023 · €-100k
2018: €-110k
2019: €-113k
2020: €-121k
2021: €-121k
2022: €-111k
2023: €-100k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€33k-€50k▲ 53.1%€65k▲ 30.5%€76k▲ 17.2%€95k▲ 24.6%
Operating result€17k-€31k▲ 85.9%€27k▼ 15.4%€18k▼ 30.6%€28k▲ 53.4%
Net result€4k-€17k▲ 295%€15k▼ 12.0%€11k▼ 26.3%€19k▲ 67.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 53% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €249k
Fixed assets
€172k▼ 22.5%
Current assets
€77k▲ 78.7%
Equity and liabilities €249k
Equity
€95k▲ 24.6%
Debt
€154k▼ 18.4%
The debt ratio falls from 71.2% to 61.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€78k▲
2023 · €62k
Cash flow
€69k▲
2023 · €55k
Solvency
38.2%▲
2023 · 28.8%
Current ratio
0.62▲
2023 · 0.30
Quick ratio
0.62▲
2023 · 0.30
Debt / equity
1.62▼
2023 · 2.47
ROE
19.7%▲
2023 · 14.7%
ROA
7.5%▲
2023 · 4.2%
Interest coverage
23.42▲
2023 · 19.49
Debt
€154k▼
2023 · €189k
Debt ≤ 1 year
€124k▼
2023 · €144k
Debt > 1 year
€30k▼
2023 · €45k
Income taxes
€6k▲
2023 · €4k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€265k€249k▼
Fixed assets21/28€222k€172k▼
Tangible fixed assets22/27€222k€172k▼
Land and buildings22€154k€120k▼
Furniture and vehicles24€67k€52k▼
Financial fixed assets28€134€134=
Current assets29/58€43k€77k▲
Amounts receivable within one year40/41€18k€55k▲
Trade receivables40€8k€37k▲
Other amounts receivable41€10k€18k▲
Cash at bank and in hand54/58€23k€17k▼
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€265k€249k▼
Equity10/15€76k€95k▲
Contributions10/11€6k€6k=
Reserves13€17k€17k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€15k€17k▲
Profit (loss) carried forward14€53k€72k▲
Amounts payable17/49€189k€154k▼
Amounts payable after more than one year17€45k€30k▼
Financial debts170/4€45k€30k▼
Amounts payable within one year42/48€144k€124k▼
Current portion of amounts payable after more than one year42€13k€15k▲
Financial debts43€1k€1k▲
Credit institutions430/8€1k€1k▲
Trade debts44€77k€51k▼
Suppliers440/4€77k€51k▼
Taxes, remuneration and social security45€22k€21k▼
Taxes450/3€19k€18k▼
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€31k€35k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€50k▲
Other operating charges640/8€9k€10k▲
Gross operating margin9900€72k€88k▲
Operating profit (loss)9901€18k€28k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€15k€25k▲
Income taxes67/77€4k€6k▲
Profit (loss) for the period9904€11k€19k▲
Profit (loss) for the period to be appropriated9905€11k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€53k€72k▲
Profit (loss) brought forward from the previous period14P€42k€53k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
24-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 208 days late
2024
31-12
Financial
Highest result since 2018net €19k ▲67.1%
Net result €19k, the highest in the series.
2023
21-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 52 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €4k ▼51.8%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Meise · 1 establishment unit since 1999
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.
Lovegemstraat 31861 MeiseGround area
2,136 m²
Building footprint
175 m²
Volume, LiDAR
953 m³
Parcel 23093F0864/00E000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lovegemstraat 3, 1861 Meise
since 19992.091.629.113
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23093F0864/00E000 | Flanders | 2,136 m² | 1 · 175 m² | 8.6 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.
Similar companies · same sector, comparable size
TEGELS - MOCO
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NEW PEINTURA
BE 0527.939.326
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MATERIS
BE 0719.795.131
Brussel · Eq €96k
LENOIR EDDY
BE 0451.659.516
Couvin · Eq €94k
CHANTIER DEVILEZ DENIS
BE 0473.625.759
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Of 1,722 companies in sector 47521 we hold annual accounts for 1,289. 824 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-02-1999
Fiscal year end31-12
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.