Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LDN Business from Dilbeek, company number BE0540989586, closed financial year 2025 with a result of € -2.6 million after tax. For that financial year LDN Business recorded a gross margin of € 25,425 and equity of € -1.1 million. Compared with financial year 2024, the result moved from € -32,091 to € -2.6 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -1.1 million
▼ € 2.6 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.6 million
▼ 7852 % more loss than in 2024
Profit after tax over the fiscal year.
€ 12,462
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2 million.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 808
▼ 57% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 620,000
Loans from banks and other lenders, long and short.
€ 7,437
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,451
▲ € 8,912 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,557 | € -12,555 | € -16,774 | € 25,425 | ▲ € 42,198 |
| Profit after taxes | € -20,610 | € -31,049 | € -32,091 | € -2,551,707 | ▼ € 2.5 million |
| Equity | € 1,429,866 | € 1,458,817 | € 1,426,726 | € -1,124,980 | ▼ € 2.6 million |
| Total debts | € 655,768 | € 922,904 | € 978,283 | € 1,178,868 | ▲ 21% |
| Cash | € 53,337 | € 14,225 | € 11,612 | € 12,462 | ▲ 7% |
| Retained profit | € 589,866 | € 558,817 | € 526,726 | € -2,024,980 | ▼ € 2.6 million |
| Bank debt | € 620,000 | € 620,000 | € 620,000 | € 620,000 | |
| Balance sheet total | € 2,085,634 | € 2,381,721 | € 2,405,009 | € 53,888 | ▼ 98% |
Key figures of LDN Business, 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 LDN Business?
What happened at LDN Business in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2.6 million. filed late Source: NBB ↗
- New establishment in Dilbeek. KBO
- Louis De Nolf became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 20,610 loss in 2022 to € 2.6 million loss in 2025.
Paid € 602 in corporate taxes since 2022.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind LDN Business is Louis De Nolf. Louis De Nolf is also behind Roularta Media Group, DUOMEDIA, THE BELGIAN CHOCOLATE EXPERIENCE, Hostellerie Kemmelberg and Immo Kemmelberg.
Directors
According to the 2025 annual accounts
Louis De Nolf
Director
Also active at: Roularta Media Group, DUOMEDIA, THE BELGIAN CHOCOLATE EXPERIENCE, Hostellerie Kemmelberg, Immo Kemmelberg, Historium
since 2013
Establishments
Establishment units
Physical locations of this company
Elzendreef 10
1700 Dilbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0540.989.586
- VAT number
- BE 0540.989.586
- Registered office
- Elzendreef 10, 1700 Dilbeek
- Names & denominations
- LDN Business
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 October 2013
- Peppol
- Active · Active since 23 Oct 2025
- Activities · NACE
Activiteiten van hoofdkantoren
Activiteiten van holdings
Holdings