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LDK CONSTRUCT

Active
Private limited company (pre-2019)· 7 yrs active
Barricadenplein 1 ·1000 Brussel, Belgium
KBO/BCE: BE 0721.789.272
Watch Print / PDF
Age7 yrs
Real estate1 parcel · 429 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of LDK CONSTRUCT is 8.9% (elevated). The 2022 annual accounts show equity of €99k and a net result of €-3k. Equity is growing by ~17.1% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
8.9% Elevated
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile +No NACE activity registered +Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide
Annual accounts not filed
The financial year that closed on 31-12-2023 was due at the National Bank by 31-07-2024. Nothing is on record today, 746 days later. 3 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.
Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 22-06-2023, 39 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2022, that is 31-07-2023.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 nothing on record not filed -
31-12-2022 31-07-2023 22-06-2023 39 d early 2023-00152915
31-12-2021 31-07-2022 18-06-2022 43 d early 2022-20086150
31-12-2020 31-07-2021 12-07-2021 19 d early 2021-34100010
31-12-2019 31-07-2020 05-02-2021 189 d late 2021-04900426

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2019, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

Turnover€280k-80.1%
EBIT margin-0.1%-0.6pp
Net result€-3k
Working capital€79k+5.4%

Annual accounts & ratios

Source: NBB · 2022
Annual accounts filed on 22-06-2023 with the NBB · fiscal year 2022 · micro
€-500k€0€500k€1.00M€1.50MOperating result 2019: €750€750Net result 2019: €745€745Revenue 2020: €387k€387kOperating result 2020: €115k€115kNet result 2020: €91k€91kRevenue 2021: €1.41M€1.41MOperating result 2021: €7k€7kNet result 2021: €3k€3kRevenue 2022: €280k€280kOperating result 2022: €-180€-180Net result 2022: €-3k€-3k2019202020212022
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile Too volatile to project: the yearly deviation from the trend is ~161% of the level (threshold 35%). We therefore deliberately show no projection line.
€-25k€0€25k€50k€75k€100k2019: €7452020: €91k2021: €3k2022: €-3k2019202020212022
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Revenue
€280k
-80.1% 19-22
EBITDA
€22k
+1.1% 19-22
Net profit
€-3k
- 19-22
Cash flow
€19k
+3.5% 19-22
Total assets
€162k
-3.8% 19-22
Equity
€99k
-3.1% 19-22
Working capital
€79k
+5.4% 19-22
Income taxes
€1k
-53.8% 19-22
Show 12 other metrics
Debt
€64k
-4.8% 19-22
Debt ≤ 1y
€48k
+16.5% 19-22
Debt > 1y
€16k
-38.2% 19-22
Current ratio
2.66
-6.2% 19-22
Quick ratio
2.66
-6.2% 19-22
Solvency
60.7%
+0.7% 19-22
Debt / equity
0.65
-1.8% 19-22
ROE
-3.2%
- 19-22
ROA
-2.0%
- 19-22
Net margin
-1.1%
- 19-22
EBITDA margin
7.9%
+408.6% 19-22
Interest coverage
11.34
-47.5% 19-22
Figures by fiscal year
Fiscal year2022
Depositmicro
Revenue€280k
EBITDA€22k
Net profit€-3k
Cash flow€19k
Staff costs-
Income taxes€1k
Dividends-
Total assets€162k
Equity€99k
Debt€64k
of which ≤ 1y€48k
of which > 1y€16k
Working capital€79k
Employees (FTE)-
Ratios (computed)
2022
Current ratio2.66
Quick ratio2.66
Working capital ratio48.6%
Solvency60.7%
Debt / equity0.65
Long-term debt ratio0.16
Interest coverage11.34
Gross margin9.0%
Net margin-1.1%
ROA-2.0%
ROE-3.2%
EBITDA margin7.9%
Days sales outstanding96d
Days payable outstanding49d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€162k
Fixed assets 21/28€36k
Tangible fixed assets 22/27€29k
Financial fixed assets 28€7k
Current assets 29/58€127k
Amounts receivable within one year 40/41€107k
Cash & bank 54/58€20k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€162k
Equity 10/15€99k
Contributions / capital 10/11€8k
Accumulated profits (losses) 14€91k
Amounts payable 17/49€64k
Amounts payable after one year 17€16k
Amounts payable within one year 42/48€48k
Trade debts payable within one year 44€34k
Income statement
Turnover 70€280k
Gross operating margin 9900€27k
Operating result 9901€-180
Financial income 75€241
Financial charges 65€2k
Result before taxes 9903€-2k
Income taxes 67/77€1k
Net result for the period 9904€-3k
Result to be appropriated 9905€-3k
This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2022 · computed
72 / 100 Healthy
050100
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2022. Indicative, not credit advice.

Directors

Directors & mandates

2 directors
Current directors & mandates
Former directors (1)
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary -
Legal form Private limited company (pre-2019)(015)
Incorporation03-03-2019
StatusActive
Postal code1000

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Barricadenplein 11000 Brussel

Establishment units

1 location
LDK CONSTRUCT
Barricadenplein 1, 1000 BrusselZagen en schaven van hout
since 20192.286.854.182
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area429 m²
Buildings1
Building footprint404 m²
Volume (LiDAR)6,052 m³
Tallest building19.4 m · ±5 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21803C0379/00S000
ProtectedMonumentHuizen rond het BarricadenpleinSource ↗
 Brussels 429 m² 1 · 404 m² 19.4 m · 5 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

4 acts
Address history · 2
25-02-2026
Registered-office move
21-02-2022
v3.2
All acts · 4 updated 5 months ago
2026
25-02-2026 Registered office moved to BRUXELLES Registered-office change
  • PLACE DES BARRICADES 1 BTE 19 - 1000 BRUXELLES
2022
21-02-2022 Registered office moved within Bruxelles Registered-office change
  • Quai du Commerce 48, 1000 Bruxelles → Rue de la Presse 11, 1000 Bruxelles
Summary: v3.2
2021
24-02-2021 1 director appointed, 1 resigning Director changes
  • BARIZ ADRIANA VASILICA, Bestuurder
  • DAMIAN IULIANA SANDA, Bestuurder
Summary: v3.2
2019
06-03-2019 Incorporation of a new SNC Incorporation
Summary: oprichting

Analysis

Financial profile

5 of 5 axes measured
Health72Profitability20Solvency99Growth35Stability100
65 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 72
Profitability 20
Solvency 99
Growth 35
Stability 100

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameFR LDK CONSTRUCT
Registered office
Barricadenplein 1 bus 19
1000 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.