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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LUDY EXPLOITATION from Fléron, company number BE0568963990, closed financial year 2025 with a result of € 23,317 after tax. For that financial year LUDY EXPLOITATION recorded a gross margin of € 419,316 and equity of € -208,670. Compared with financial year 2024, the result moved from € 3,578 to € 23,317. Profitable, and profit is growing. 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 July 4, 2026.
€ -208,670
▲ € 23,317 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,317
▲ € 19,739 vs 2024
Profit after tax over the fiscal year.
€ 17,638
▲ 16% 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 € -227,270.
People and assets in 2025
€ 315,452
▲ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 43,294
▼ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 490,230
▼ 3% vs 2024
€ 48,079 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 7,602
▼ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 72,783
▲ 74% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 256,862 | € 288,959 | € 390,303 | € 419,316 | ▲ 7% |
| Profit after taxes | € -34,512 | € 5,543 | € 3,578 | € 23,317 | ▲ € 19,739 |
| Equity | € -241,109 | € -235,566 | € -231,988 | € -208,670 | ▲ € 23,317 |
| Total debts | € 1,005,709 | € 947,727 | € 1,046,069 | € 1,039,651 | ▼ 1% |
| Cash | € 36,380 | € 8,671 | € 15,160 | € 17,638 | ▲ 16% |
| Retained profit | € -259,709 | € -254,166 | € -250,588 | € -227,270 | ▲ € 23,317 |
| Bank debt | € 556,932 | € 555,864 | € 504,266 | € 490,230 | ▼ 3% |
| Balance sheet total | € 764,599 | € 712,161 | € 814,081 | € 830,980 | ▲ 2% |
Key figures of LUDY EXPLOITATION, 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 LUDY EXPLOITATION?
What happened at LUDY EXPLOITATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,317 (▲ € 19,739 vs 2024). Source: NBB ↗
- New establishment in Aubel. KBO
- New establishment in Verviers. KBO
- New establishment in Fléron. KBO
- Paul-Emmanuel TOGNOLLI became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 34,512 loss in 2022 to € 23,317 profit in 2025.
Paid € 1,752 in corporate taxes since 2022.
Best year ever: 2025, with € 23,317 profit.
A new publication or filing at LUDY EXPLOITATION? We notify you, reason included.
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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 LUDY EXPLOITATION is Paul-Emmanuel TOGNOLLI. Paul-Emmanuel TOGNOLLI is also behind IMMODEL, TOGNOLLI, BALMOGEST, LABEL FINANCE and FGS Finances.
Directors
According to the 2025 annual accounts
Paul-Emmanuel TOGNOLLI
Director
Also active at: IMMODEL, TOGNOLLI, BALMOGEST, LABEL FINANCE, FGS Finances, IMMO LAPIERRE
since 2015
Establishments
Establishment units
Physical locations of this company
Avenue des Martyrs 189
4620 Fléron
Crapaurue 140
4800 Verviers
Active since 2 November 2017
Place Antoine Ernst 33
4880 Aubel
Active since 28 March 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Network
Details
- Company number
- 0568.963.990
- VAT number
- BE 0568.963.990
- Registered office
- Avenue des Martyrs 189, 4620 Fléron
- Names & denominations
- LUDY EXPLOITATION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 January 2015
- Peppol
- Active · Active since 4 Jul 2026
- Contact
- ludylingerie.be
- Activities · NACE
Detailhandel in onderkleding, lingerie en strand- en badkleding