LKFD GROUP
ActiveThe file of LKFD GROUP contains 1 historical bankruptcy publication, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 1.4% (low). The 2025 annual accounts show equity of €20k and a net result of €3k. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 29% of 11389 sector peers (fiscal year 2025).
Checked score
Score 2025
Axes · tick = 2024
Profitability43▼-11
Solvency40▼-60
Growth78=
Track record85
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.17 against 28.91 in 2024; short-term debt: 85.5% and cash: 3.1% of total assets), and 85.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
14.5%
Return on assets
2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
58 d early
2024
8 d late
2023
292 d late
2022
658 d late
2021
1116 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€20k▲ 16.0%
2024 · €17k
2021: €15klowest in 5 years
2022: €16k▲ +4.7% vs 2021
2023: €16k▲ +3.3% vs 2022
2024: €17k▲ +7.2% vs 2023
2025: €20k▲ +16.0% vs 2024highest in 5 years
2021 → 2025
Total assets
€139k▲ 672%
2024 · €18k
2021: €15klowest in 5 years
2022: €16k▲ +7.1% vs 2021
2023: €17k▲ +5.4% vs 2022
2024: €18k▲ +6.3% vs 2023
2025: €139k▲ +672% vs 2024highest in 5 years
2021 → 2025
Net result
€3k▲ 138%
2024 · €1k
2021: €-45lowest in 5 years
2022: €705▲ +1660% vs 2021
2023: €524▼ -25.7% vs 2022
2024: €1k▲ +123% vs 2023
2025: €3k▲ +138% vs 2024highest in 5 years
2021 → 2025
Working capital
€20k▲ 16.0%
2024 · €17k
2021: €15klowest in 5 years
2022: €16k▲ +4.7% vs 2021
2023: €16k▲ +3.3% vs 2022
2024: €17k▲ +7.2% vs 2023
2025: €20k▲ +16.0% vs 2024highest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€15k-€16k▲ 4.7%€16k▲ 3.3%€17k▲ 7.2%€20k▲ 16.0%
2021: €15klowest in 5 years
2022: €16k▲ +4.7% vs 2021
2023: €16k▲ +3.3% vs 2022
2024: €17k▲ +7.2% vs 2023
2025: €20k▲ +16.0% vs 2024highest in 5 years
Operating result€438€4k▲ 813%
2024: €438
2025: €4k▲ +813% vs 2024
Net result€-45-€705€524▼ 25.7%€1k▲ 123%€3k▲ 138%
2021: €-45lowest in 5 years
2022: €705▲ +1660% vs 2021
2023: €524▼ -25.7% vs 2022
2024: €1k▲ +123% vs 2023
2025: €3k▲ +138% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 813% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €139k
Equity
€20k ▲ 16.0%
Debt
€119k ▲ 18,990%
Debt's share of the balance-sheet total rises from 3.5% to 85.5%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.17▼
2024 · 28.91
Quick ratio
0.46▼
2024 · 28.91
Debt to equity
5.90▲
2024 · 0.04
ROE
13.8%▲
2024 · 6.7%
ROA
2.0%▼
2024 · 6.5%
Debt ≤ 1 year
€119k▲
2024 · €622
Income taxes
€3k▲
2024 · €326
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 · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€18k€139k▲
Current assets29/58€18k€139k▲
Stocks and contracts in progress3-€84k
Stocks30/36-€84k
Amounts receivable within one year40/41€18k€51k▲
Trade receivables40-€32k
Other amounts receivable41€18k€19k▲
Cash at bank and in hand54/58-€4k
Deferred charges and accrued income490/1-€0
Equity and liabilities
Total equity and liabilities10/49€18k€139k▲
Equity10/15€17k€20k▲
Contributions10/11€15k€15k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14-€3k
Amounts payable17/49€622€119k▲
Amounts payable within one year42/48€622€119k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44-€71k
Suppliers440/4-€71k
Taxes, remuneration and social security45€622€4k▲
Taxes450/3€622€4k▲
Other amounts payable47/48-€44k
Accrued charges and deferred income492/3-€4
Income statement
Code20242025
Gross operating margin9900€438€4k▲
Operating profit (loss)9901€438€4k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€0€1k▲
Recurring financial charges65€0€1k▲
Profit (loss) for the period before taxes9903€1k€5k▲
Income taxes67/77€326€3k▲
Profit (loss) for the period9904€1k€3k▲
Profit (loss) for the period to be appropriated9905€1k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€3k▲
Transfer to equity691/2€1k-
To other reserves6921€1k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Gross operating margin9900 | - | - | - | €438 | €4k | ▲ 813% |
| Operating profit (loss)9901 | - | - | - | €438 | €4k | ▲ 813% |
| Financial income75/76B | €911 | €1k | €871 | €1k | €2k | ▲ 134% |
| Recurring financial income75 | €911 | €1k | €871 | €1k | €2k | ▲ 134% |
| Financial charges65/66B | €957 | €189 | €228 | €0 | €1k | - |
| Recurring financial charges65 | €957 | €189 | €228 | €0 | €1k | - |
| Profit (loss) for the period before taxes9903 | €-45 | €881 | €644 | €1k | €5k | ▲ 253% |
| Income taxes67/77 | - | €176 | €120 | €326 | €3k | ▲ 669% |
| Profit (loss) for the period9904 | €-45 | €705 | €524 | €1k | €3k | ▲ 138% |
| Profit (loss) for the period to be appropriated9905 | €-45 | €705 | €524 | €1k | €3k | ▲ 138% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €15k | €16k | €17k | €18k | €139k | ▲ 672% |
| Current assets29/58 | €15k | €16k | €17k | €18k | €139k | ▲ 672% |
| Stocks and contracts in progress3 | - | - | - | - | €84k | - |
| Stocks30/36 | - | - | - | - | €84k | - |
| Amounts receivable within one year40/41 | €15k | €16k | €17k | €18k | €51k | ▲ 183% |
| Trade receivables40 | - | - | - | - | €32k | - |
| Other amounts receivable41 | €15k | €16k | €17k | €18k | €19k | ▲ 3.0% |
| Cash at bank and in hand54/58 | - | - | - | - | €4k | - |
| Deferred charges and accrued income490/1 | - | - | - | - | €0 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €15k | €16k | €17k | €18k | €139k | ▲ 672% |
| Equity10/15 | €15k | €16k | €16k | €17k | €20k | ▲ 16.0% |
| Contributions10/11 | €15k | €15k | €15k | €15k | €15k | = |
| Reserves13 | - | €659 | €1k | €2k | €2k | = |
| Distributable reserves133 | - | €659 | €1k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-45 | €0 | - | - | €3k | - |
| Amounts payable17/49 | €21 | €386 | €734 | €622 | €119k | ▲ 18,990% |
| Amounts payable within one year42/48 | €21 | €386 | €734 | €622 | €119k | ▲ 18,990% |
| Financial debts43 | €21 | €210 | €438 | €0 | - | - |
| Credit institutions430/8 | €21 | €210 | €438 | €0 | - | - |
| Trade debts44 | - | - | - | - | €71k | - |
| Suppliers440/4 | - | - | - | - | €71k | - |
| Taxes, remuneration and social security45 | - | €176 | €296 | €622 | €4k | ▲ 623% |
| Taxes450/3 | - | €176 | €296 | €622 | €4k | ▲ 623% |
| Other amounts payable47/48 | - | - | - | - | €44k | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €4 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-45 | €705 | €524 | €1k | €3k | ▲ 138% |
| Operating cash flow (approximation) | €-45 | €705 | €524 | €1k | €3k | ▲ 138% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €3k ▲138%
Net result €3k, the highest in the series.
20-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1116 days late
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
19-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 292 days late
19-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 658 days late
14-04
Bankruptcy
Judicial dissolution
Ondernemingsrechtbank Brussel
2022
31-12
Financial
Back to profitnet €705
Net result €705 after one loss-making year.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Zelzate · 1 establishment unit since 2020
Ground area
6,078 m²
Building footprint
2,053 m²
Volume, LiDAR
8,845 m³
Parcel 43302F0854/00G000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
LKFD GROUP
since 20202.308.199.231
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43302F0854/00G000 | Flanders | 6,078 m² | 1 · 2,053 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 119 companies in sector 46498 we hold annual accounts for 75. 41 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46498Wholesale trade
70100Activities of head offices
70200Business and other management consultancy
73300Public relations and communication consultancy
82300Organisation of conventions and trade shows
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.