Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
STUDIEBUREAU LDW from Aalst, company number BE0473305659, closed financial year 2025 with a result of € 73 after tax. For that financial year STUDIEBUREAU LDW recorded a gross margin of € 86,555 and equity of € 127,340. Compared with financial year 2024, the result moved from € -346 to € 73. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 10, 2026.
€ 127,340
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 73
▲ still € 346 loss in 2024
Profit after tax over the fiscal year.
€ 3,101
▼ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 121,140.
People and assets in 2025
€ 16,842
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 451,288
▼ 10% vs 2024
€ 54,135 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 58,010
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,433
▼ 82% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 84,866 | € 141,530 | € 103,008 | € 86,555 | ▼ 16% |
| Profit after taxes | € 6,725 | € -126,107 | € -346 | € 73 | ▲ € 419 |
| Equity | € 253,720 | € 127,613 | € 127,267 | € 127,340 | |
| Total debts | € 1,031,430 | € 1,050,067 | € 1,047,539 | € 924,728 | ▼ 12% |
| Cash | € 66,301 | € 20,928 | € 19,609 | € 3,101 | ▼ 84% |
| Land & buildings | € 497,483 | € 429,228 | € 390,748 | € 353,888 | ▼ 9% |
| Retained profit | € 247,520 | € 121,413 | € 121,067 | € 121,140 | |
| Dividend | € 2,400 | € 0 | € 0 | € 0 | |
| Bank debt | € 503,943 | € 484,613 | € 503,762 | € 451,288 | ▼ 10% |
| Balance sheet total | € 1,285,150 | € 1,177,680 | € 1,174,806 | € 1,052,068 | ▼ 10% |
Key figures of STUDIEBUREAU LDW, 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 STUDIEBUREAU LDW?
What happened at STUDIEBUREAU LDW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 73. filed late Source: NBB ↗
- Niels De Brouwer became a director. NBB
- Gina Monsieur became a director. NBB
- Kristof De Brouwer became a director. NBB
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,725 profit in 2022 to € 73 profit in 2025.
Paid € 25,185 in corporate taxes since 2022.
Best year ever: 2022, with € 6,725 profit.
Paid out € 2,400 in dividends to the owners in total.
Management
Behind STUDIEBUREAU LDW are Niels De Brouwer, Gina Monsieur and Kristof De Brouwer. It owns 100% of Orléans, 50% of ATLANT NV and 38% of Bordeaux itself.
Directors
According to the 2025 annual accounts
since 2019
Gina Monsieur
Director
since 2019
since 2019
Establishments
Establishment units
Physical locations of this company
Lievevrouwstraat 48
9310 Aalst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.305.659
- VAT number
- BE 0473.305.659
- Registered office
- Lievevrouwstraat 48, 9310 Aalst
- Names & denominations
- STUDIEBUREAU LDW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 November 2000
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
Metselwerk
Markt- en opinieonderzoek
Vervaardiging van andere producten van rubber
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Uitvoeren van metsel- en voegwerken