ACTIVE

L & A

Financial year 2025 · closed on 30/09/2025
Net result
3,8 k €
-32.5% YoY
Gross margin
7,5 k €
-21.7% YoY
Equity
-100,3 k €
+3.7% YoY

What does L & A do?

L & A is a Public limited company incorporated in 1992. Its main activity is: Freight air transport and space transport. Its registered office is in Zonhoven.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0447.722.504
Incorporation
30/06/1992
Legal form
Public limited company
Registered office
Varenstraat 15
3520 Zonhoven · FlandreSee on map
Contributed capital
75 607,53 €
Latest accounts
30/09/2025
Joint committees (1)
  • 302
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172014201220112010200920082007
Income statement
Gross margin7,5 k €9,5 k €9,2 k €20,6 k €36,1 k €2,8 k €-1,5 k €-1,4 k €-1,3 k €2,5 k €-25,6 k €-4,3 k €91,7 k €28,1 k €
EBITDA6,4 k €7,7 k €8,7 k €20,1 k €36,1 k €2,8 k €-134,1 €-2,2 k €-4,4 k €-1,8 k €-1,5 k €-50,5 k €-23,1 k €36,9 k €-25,2 k €
Operating result3,9 k €5,7 k €7,1 k €20,1 k €36,1 k €2,8 k €-134,1 €-2,2 k €-4,4 k €-1,8 k €-22,1 k €-72,7 k €-47,3 k €-10,4 k €-81,6 k €
Net result3,8 k €5,7 k €7 k €20 k €36 k €2,8 k €-189,5 €-2,3 k €-4,4 k €-37,7 k €-20,5 k €-73 k €31,8 k €-18,7 k €-99,9 k €
Balance sheet
Equity-100,3 k €-104,1 k €-109,8 k €-116,8 k €-136,8 k €-172,8 k €-175,7 k €-175,5 k €-173,2 k €-168,8 k €-317 k €-279,3 k €-258,8 k €-185,8 k €-217,5 k €-198,8 k €
Total assets20,2 k €6,8 k €43,8 k €33,6 k €5,8 k €2,6 k €9,9 €312,4 €393,7 €239 k €278,2 k €342,1 k €358,2 k €300,4 k €315 k €
Cash300,1 €273,2 €15,4 €703 €128,8 €9,9 €312,4 €2,6 €89,9 €153,7 €40,2 k €10,8 k €10,7 k €7,9 k €
Debts120,5 k €111 k €153,4 k €150,4 k €142,6 k €175,5 k €175,7 k €175,5 k €173,5 k €169,2 k €555,1 k €557,5 k €600,9 k €544 k €518 k €513,8 k €
Other
Workforce0,6 ETP0,4 ETP1,5 ETP1,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 10 ended

Active mandates

Jozef Laurens Delbroek

Director · since 16 octobre 2025 · until 28 mars 2031

Active

Ended mandates

Laurent Delbroek

Director · since 16 octobre 2019 · until 16 octobre 2025

Ended
Laurent Delbroek

Managing director · since 16 octobre 2019 · until 16 octobre 2025

Ended
Louis De Schutter

Managing director · since 01 octobre 2014 · until 16 octobre 2019

Ended
Louis De Schutter

Managing director · since 01 octobre 2014 · until 30 septembre 2020

Ended
At this address

Other companies at this address

CompanyCBE no.
RHINO INVESTLiquidation
0731.609.929
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/04/202607/04/202501/04/202416/03/202310/07/202213/05/2021
General meeting27/03/202628/03/202522/03/202415/03/202331/03/202217/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202527/03/202607/04/2026DutchPDF
Micro model30/09/202428/03/202507/04/2025DutchPDF
Micro model30/09/202322/03/202401/04/2024DutchPDF
Micro model30/09/202215/03/202316/03/2023DutchPDF
Micro model30/09/202131/03/202210/07/2022DutchPDF
Micro model30/09/202017/03/202113/05/2021DutchPDF
Micro model30/09/201918/03/202001/06/2020DutchPDF
Abridged model30/09/201820/03/201928/03/2019DutchPDF
Abridged model30/09/201721/03/201826/04/2018DutchPDF
Abridged model30/09/201418/03/201522/04/2015DutchPDF
Abridged model30/09/201220/03/201320/06/2013DutchPDF
Abridged model30/09/201121/03/201220/07/2012DutchPDF
Abridged model30/09/201016/03/201126/05/2011DutchPDF
Abridged model30/09/200917/03/201030/04/2010DutchPDF
Abridged model30/09/200818/03/200924/04/2009DutchPDF
Abridged model30/09/200719/03/200829/04/2008DutchPDF
Abridged model30/09/200621/03/200729/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 10 ended

Active mandates

Jozef Laurens Delbroek

Director · since 16 octobre 2025 · until 28 mars 2031

Active

Ended mandates

Laurent Delbroek

Director · since 16 octobre 2019 · until 16 octobre 2025

Ended
Laurent Delbroek

Managing director · since 16 octobre 2019 · until 16 octobre 2025

Ended
Louis De Schutter

Managing director · since 01 octobre 2014 · until 16 octobre 2019

Ended
Louis De Schutter

Managing director · since 01 octobre 2014 · until 30 septembre 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office06/04/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates25/11/2019
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/03/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office15/05/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office08/03/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates16/04/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/02/2005
    MAATSCHAPPELIJKE ZETEL
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20253,8 k €
  2. 2024
    Annual accounts 20245,7 k €
  3. 2023
    Annual accounts 20237 k €
  4. 2022
    Annual accounts 202220 k €
  5. 2021
    Annual accounts 202136 k €
  6. 2020
    Annual accounts 20202,8 k €
  7. 2019
    Annual accounts 2019-189,5 €
  8. 2018
    Annual accounts 2018-2,3 k €
  9. 2017
    Annual accounts 2017-4,4 k €
  10. 2014
    Annual accounts 2014
  11. 2012
    Annual accounts 2012-37,7 k €
  12. 2011
    Annual accounts 2011-20,5 k €
  13. 2010
    Annual accounts 2010-73 k €
  14. 2009
    Annual accounts 200931,8 k €
  15. 2008
    Annual accounts 2008-18,7 k €
  16. 2007
    Annual accounts 2007-99,9 k €
  17. 30/06/1992
    IncorporationPublic limited company