Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 37 to 22.7.
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Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
LDV/United from Antwerpen, company number BE0403495353, closed financial year 2025 with a result of € -745,425 after tax. For that financial year LDV/United recorded revenue of € 5.9 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € -973,234 to € -745,425. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 1.1 million
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -745,425
▲ 23 % less loss than in 2024
Profit after tax over the fiscal year.
€ 484,903
▲ € 407,789 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.4 million.
People and assets in 2025
22.7
▼ 6.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▼ 28% vs 2024
€ 83,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 12,214
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 70,000
Loans from banks and other lenders, long and short.
€ 617,211
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 300,808
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,221,589 | € 7,280,345 | € 6,725,449 | € 5,854,674 | ▼ 13% |
| Gross margin | - | - | - | € 1,442,489 | |
| Profit after taxes | € 188,174 | € -734,596 | € -973,234 | € -745,425 | ▲ € 227,809 |
| Equity | € 4,464,799 | € 2,230,203 | € 1,256,969 | € 1,061,544 | ▼ 16% |
| Total debts | € 1,976,091 | € 1,536,215 | € 2,087,254 | € 1,347,318 | ▼ 35% |
| Cash | € 94,405 | € 585,664 | € 77,114 | € 484,903 | ▲ € 407,789 |
| Retained profit | € 2,593,203 | € 358,607 | € -614,627 | € -1,360,052 | ▼ € 745,425 |
| Dividend | € 0 | € 1,500,000 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 0 | € 70,000 | |
| Balance sheet total | € 6,440,890 | € 3,766,418 | € 3,344,223 | € 2,408,862 | ▼ 28% |
| Employees (FTE) | 41.1 | 37 | 29.4 | 22.7 | ▼ 6.7 |
Key figures of LDV/United, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to LDV/United?
What happened at LDV/United in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Dennis Vandewalle stepped down as director. NBB
- Harry Demey stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 745,425. Source: NBB ↗
- Dominic Grainger stepped down as director. NBB
- Dennis Vandewalle became a director. NBB
- Shahid Sadiq stepped down as director. NBB
- Shahid Sadiq became a director. NBB
- Dominic Grainger became a director. NBB
In short
From € 188,174 profit in 2022 to € 745,425 loss in 2025.
Paid € 94,434 in corporate taxes since 2022.
Best year ever: 2022, with € 188,174 profit.
On average € 63,500 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Dominic Grainger
Director
since 2022 · until 2025
since 2025 · until 2031
Shahid Sadiq
Director
since 2023 · until 2025
Harry Demey
Director
since 2022 · until 2031
Establishments
Establishment units
Physical locations of this company
Rijnkaai 100 box A15
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →ANTWERPSE TELEVISIE (A.T.V.)
€ 1.1 million gross margin · 2025
ESPRIT BELGIE WHOLESALE
€ 10.5 million revenue · 2022
EGALITE SHIPPING
€ 393,986 gross margin · 2025
Wildstream Ventures
€ 111,782 gross margin · 2025
TEC
€ 38.6 million revenue · 2025
+14 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
HETZNER-AS, DE
Website info
Features
Security
Details
- Company number
- 0403.495.353
- VAT number
- BE 0403.495.353
- Registered office
- Rijnkaai 100 bus A15, 2000 Antwerpen
- Names & denominations
- LDV/United
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 1957
- Peppol
- Active · Active since 15 Dec 2025
- Contact
- ldv.be
- Activities · NACE
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