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LDS

Active
Public limited companyfounded 2006active for 19 yearsWetenschapspark 1, 8400 Oostende, BelgiumKBO/BCE: BE 0885.592.380
Summary

The computed 12-month bankruptcy probability of LDS is 2.9% (moderate). The 2024 annual accounts show negative equity (-€615,368) and a net result of -€60,328. Equity is shrinking by about 13% per year across the filed financial years. The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€1.0mtotal assets 2024
Equity
-€615,368
Loss
-€60,328
Turnover not published (abbreviated or micro format)
Financial health
49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.9%
Structure
Accounts 72 days overdue0 of 8 deeds read
Why 49raises risk1 change of registered office in 24 monthsLiquidity: current ratio 2.00, cash €4,402Figures for financial year 2024 (filed 31-08-2025)lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 14% of its sector peers (NACE 70, micro)
Financial strength · tick = 2023
Weak
Solvency 0=
equity -61.3% of total assets
Liquidity 26-26
short-term debt 50.0% · cash 0.4%
Profitability 22+6
return on assets -6.0%
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,319 companies, NACE 70, micro)
Last 24 months 11-2024: 3.4% 12-2024: 3.4%● unchanged vs 11-2024 01-2025: 6.6%▲ +3.2 percentage points vs 12-2024 02-2025: 6.7%▲ +0.1 percentage points vs 01-2025highest value 03-2025: 6.6%▼ -0.1 percentage points vs 02-2025 04-2025: 6.5%▼ -0.1 percentage points vs 03-2025 05-2025: 6.4%▼ -0.1 percentage points vs 04-2025 06-2025: 6.2%▼ -0.2 percentage points vs 05-2025 07-2025: 6.3%▲ +0.1 percentage points vs 06-2025 08-2025: 6.6%▲ +0.3 percentage points vs 07-2025 09-2025: 4.9%▼ -1.7 percentage points vs 08-2025 10-2025: 4.9%● unchanged vs 09-2025 11-2025: 4.9%● unchanged vs 10-2025 12-2025: 4.9%● unchanged vs 11-2025 01-2026: 4.9%● unchanged vs 12-2025 02-2026: 5.0%▲ +0.1 percentage points vs 01-2026 03-2026: 1.6%▼ -3.4 percentage points vs 02-2026lowest value 04-2026: 1.7%▲ +0.1 percentage points vs 03-2026 05-2026: 1.7%● unchanged vs 04-2026 06-2026: 1.7%● unchanged vs 05-2026 07-2026: 1.8%▲ +0.1 percentage points vs 06-2026 08-2026: 2.2%▲ +0.4 percentage points vs 07-2026 09-2026: 2.5%▲ +0.3 percentage points vs 08-2026 10-2026: 2.9%▲ +0.4 percentage points vs 09-2026
No credit on open account
Liquidity ample (current ratio 2.0, compared with 2.07 in 2023; short-term debt: 50% and cash: 0.4% of total assets), but equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro): better than 3% on solvency, 11% on liquidity, 14% on profitability and 27% on growth.

The bankruptcy probability was computed on 10-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 2.00, cash €4,402
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Figures for financial year 2024 (filed 31-08-2025)
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€615,368
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
31 days late
2023
31 days late
2022
30 days late
2021
5 days early
2020
2 days early
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 35 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€615,368 View
  • Risk: 5 loss-making years in a rowloss financial year 2024 -€60,328 View
  • Caution: Accounts not fileddeadline was 31-07-2026 72 days late View

By topic

Financials

Financial year
2024
Total assets
€1.0m
Loss
-€60,328
Solvency
-61.3%
Total assets▲ 0.4%
Net result
20182024
Go to Financials

Timeline

Events
23
Since
2008
  1. 31-12-2022Liquidity more than 2406 times
  2. 26-07-2022Annual accounts filed
  3. 29-07-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
08-12-2006
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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