LANDTEC
ActiveSummary
LANDTEC has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €131k and a net result of €7k. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 42% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▲+10
Solvency72▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 3.08 against 2.64 in 2023; short-term debt: 9.4% and cash: 17.5% of total assets), but 53.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
34 d early
2022
39 d early
2021
10 d early
2020
31 d late
2019
56 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€131k▲ 5.6%
2023 · €124k
2018: €114k
2019: €110k
2020: €104k
2021: €111k
2022: €126k
2023: €124k
2018 → 2024
Total assets
€280k▼ 8.5%
2023 · €306k
2018: €391k
2019: €361k
2020: €287k
2021: €274k
2022: €311k
2023: €306k
2018 → 2024
Net result
€7k
2023 · €-2k
2018: €15k
2019: €-4k
2020: €-6k
2021: €7k
2022: €16k
2023: €-2k
2018 → 2024
Working capital
€55k▲ 5.1%
2023 · €52k
2018: €34k
2019: €37k
2020: €41k
2021: €66k
2022: €43k
2023: €52k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€104k-€111k▲ 6.6%€126k▲ 14.3%€124k▼ 1.9%€131k▲ 5.6%
Operating result€2k-€16k▲ 725%€28k▲ 72.8%€3k▼ 87.6%€17k▲ 397%
Net result€-6k-€7k€16k▲ 133%€-2k€7k
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 397% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €280k
Fixed assets
€198k ▼ 10.4%
Current assets
€81k ▼ 3.3%
Equity and liabilities €280k
Equity
€131k ▲ 5.6%
Debt
€149k ▼ 18.0%
Debt's share of the balance-sheet total falls from 59.4% to 53.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51k▲
2023 · €38k
Cash flow
€40k▲
2023 · €33k
Current ratio
3.08▲
2023 · 2.64
Debt to equity
1.14▼
2023 · 1.46
ROE
5.3%▲
2023 · -2.0%
ROA
2.5%▲
2023 · -0.8%
Interest coverage
7.54▲
2023 · 5.36
Debt ≤ 1 year
€26k▼
2023 · €32k
Debt > 1 year
€122k▼
2023 · €149k
Income taxes
€4k▲
2023 · €-1k
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 · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€306k€280k▼
Fixed assets21/28€221k€198k▼
Tangible fixed assets22/27€221k€198k▼
Land and buildings22€145k€132k▼
Plant, machinery and equipment23€12k€11k▼
Furniture and vehicles24€64k€56k▼
Financial fixed assets28€248€248=
Current assets29/58€84k€81k▼
Amounts receivable within one year40/41€26k€32k▲
Trade receivables40€21k€28k▲
Other amounts receivable41€5k€4k▼
Current investments50/53€250€250=
Cash at bank and in hand54/58€58k€49k▼
Equity and liabilities
Total equity and liabilities10/49€306k€280k▼
Equity10/15€124k€131k▲
Contributions10/11€24k€24k=
Reserves13€10k€10k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€8k€8k=
Profit (loss) carried forward14€90k€97k▲
Amounts payable17/49€181k€149k▼
Amounts payable after more than one year17€149k€122k▼
Financial debts170/4€138k€116k▼
Other amounts payable178/9€12k€6k▼
Amounts payable within one year42/48€32k€26k▼
Current portion of amounts payable after more than one year42-€22k
Financial debts43€21k-
Credit institutions430/8€21k-
Trade debts44€9k€2k▼
Suppliers440/4€9k€2k▼
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Accrued charges and deferred income492/3€270€437▲
Income statement
Code20232024
Non-recurring operating income76A€500€850▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€33k▼
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€368-
Gross operating margin9900€41k€53k▲
Operating profit (loss)9901€3k€17k▲
Financial income75/76B€1€7▲
Recurring financial income75€1€7▲
Financial charges65/66B€7k€7k▼
Recurring financial charges65€7k€7k▼
Profit (loss) for the period before taxes9903€-4k€10k▲
Income taxes67/77€-1k€4k▲
Profit (loss) for the period9904€-2k€7k▲
Profit (loss) for the period to be appropriated9905€-2k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€90k€97k▲
Profit (loss) brought forward from the previous period14P€92k€90k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €16k ▲133%
Net result €16k, the highest in the series.
21-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Nijlen · 1 establishment unit since 2009
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.
Schooldijk(Bevel) 222560 NijlenGround area
1.0 ha
Parcel 12003A0090/00B000, Flanders. Linked by address, not a title deed.
1 establishment unit
LandTec
since 20092.181.131.508
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12003A0090/00B000 | Flanders | 1.0 ha | - | - |
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
Bureau de Géomètres-Experts Morimont
BE 0442.914.272
Gembloux · Eq €130,057
URBAAN
BE 0871.619.333
Oostkamp · Eq €131,867
ASSUPLAN
BE 0434.616.715
Maldegem · Eq €129,864
BRUEL
BE 0717.598.377
Aalst · Eq €132,049
BUREAU D'ETUDE J. RASKINET
BE 0426.801.681
Dalhem · Eq €129,488
Of 1,758 companies in sector 71122 we hold annual accounts for 770. 660 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-09-2009
Fiscal year end31-12
Activities, NACEBEL 2025
71122Land surveying
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.