ACTIVE

L & D

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Financial year 2025 · closed on 31/12/2025

Net result

-9,8 k €

-111.8% YoY

Gross margin

2,3 k €

-98.7% YoY

Equity

477,8 k €

-2.0% YoY

What does L & D do?

L & D is a Private limited company incorporated in 1997. Its main activity is: Camping grounds, recreational vehicle parks and trailer parks. Its registered office is in Aalst.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0460.675.368

Incorporation

16/05/1997

Legal form

Private limited company

Registered office

Wateringen 24
9300 Aalst · FlandreSee on map

Contributed capital

6 197,33 €

Latest accounts

31/12/2025

Activities (NACE)

55301Camping grounds, recreational vehicle parks and trailer parks· main 56101Restaurants and mobile food service activities 56111Restaurants and mobile food service activities

Joint committees (1)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	2,3 k €	-98.7%	175,5 k €	-15.5%	207,8 k €	+14.3%	181,8 k €	+27.7%	142,3 k €	+25.3%	113,6 k €	-41.5%	194 k €	+32.6%	146,3 k €	-7.6%	158,3 k €	+14.7%	138 k €	-25.1%	184,1 k €	+3.0%	178,8 k €	+7.1%	166,9 k €	+21.5%	137,3 k €	+2.4%	134 k €	-28.6%	187,7 k €	+36.0%	138,1 k €	+144%	56,5 k €	-32.9%	84,3 k €	-14.5%	98,5 k €
EBITDA	591,8 €	-99.6%	132,6 k €	-21.5%	168,8 k €	+34.4%	125,6 k €	+42.7%	88 k €	+35.1%	65,2 k €	-39.2%	107,2 k €	+50.2%	71,4 k €	-19.5%	88,7 k €	+27.9%	69,4 k €	-28.1%	96,5 k €	+20.2%	80,3 k €	+15.7%	69,4 k €	+40.8%	49,3 k €	-20.3%	61,9 k €	-33.8%	93,4 k €	+29.9%	71,9 k €	+206%	23,5 k €	-48.0%	45,2 k €	-21.6%	57,6 k €
Operating result	-10,2 k €	-108%	122,8 k €	-20.3%	154,2 k €	+31.5%	117,3 k €	+56.2%	75,1 k €	+44.9%	51,8 k €	-44.9%	94,1 k €	+103%	46,4 k €	-26.1%	62,8 k €	+295%	15,9 k €	-75.0%	63,7 k €	+71.6%	37,1 k €	+7.6%	34,5 k €	+125%	15,4 k €	-11.8%	17,4 k €	-64.7%	49,3 k €	+25.4%	39,3 k €	+579%	5,8 k €	-74.3%	22,6 k €	-39.6%	37,3 k €
Net result	-9,8 k €	-112%	82,7 k €	-29.9%	118 k €	+34.3%	87,9 k €	+45.7%	60,3 k €	+18.0%	51,1 k €	-31.8%	74,9 k €	+113%	35,1 k €	-30.9%	50,8 k €	+204%	16,7 k €	-58.2%	40 k €	+29.6%	30,9 k €	+53.3%	20,2 k €	+437%	3,8 k €	-48.4%	7,3 k €	-72.5%	26,4 k €	+19.0%	22,2 k €	+1071%	1,9 k €	-84.1%	11,9 k €	-54.6%	26,2 k €
Balance sheet
Equity	477,8 k €	-2.0%	487,6 k €	+20.4%	404,9 k €	0.0%	404,9 k €	+10.3%	367,1 k €	+5.9%	346,8 k €	+6.5%	325,7 k €	+13.2%	287,7 k €	0.0%	287,7 k €	+21.4%	236,9 k €	+7.6%	220,2 k €	+22.2%	180,1 k €	+20.7%	149,2 k €	+15.6%	129,1 k €	+3.0%	125,3 k €	+6.2%	118 k €	+28.8%	91,6 k €	+31.9%	69,5 k €	+2.8%	67,6 k €	+21.4%	55,7 k €
Total assets	535,7 k €	-11.8%	607,1 k €	-5.1%	640 k €	+20.5%	531,1 k €	+14.7%	463,2 k €	+7.5%	430,9 k €	-6.3%	459,7 k €	-1.7%	467,8 k €	+4.7%	446,8 k €	+3.3%	432,5 k €	+1.0%	428,4 k €	+5.6%	405,8 k €	+16.6%	348,1 k €	+8.8%	319,9 k €	-4.4%	334,5 k €	+0.8%	331,7 k €	+8.4%	306 k €	+89.0%	161,9 k €	+5.3%	153,7 k €	+20.7%	127,4 k €
Cash	151,9 k €	-61.8%	397,7 k €	+86.4%	213,3 k €	-34.2%	324,2 k €	+42.2%	228 k €	+85.4%	123 k €	-7.7%	133,2 k €	-30.8%	192,6 k €	+51.6%	127,1 k €	+26.5%	100,5 k €	-14.6%	117,6 k €	+20.9%	97,3 k €	+0.9%	96,5 k €	+47.8%	65,3 k €	+16.0%	56,3 k €	+88.7%	29,8 k €	-57.4%	70,1 k €	+370%	14,9 k €	-64.0%	41,4 k €	-28.6%	58 k €
Debts	57,1 k €	-51.6%	118,1 k €	-48.7%	230,1 k €	+92.2%	119,7 k €	+37.1%	87,3 k €	+8.5%	80,4 k €	-36.1%	126 k €	-22.1%	161,7 k €	+1.7%	159 k €	-18.7%	195,6 k €	-6.1%	208,2 k €	-7.7%	225,7 k €	+26.9%	177,9 k €	-2.0%	181,4 k €	-6.8%	194,6 k €	-3.2%	201 k €	+0.2%	200,6 k €	+147%	81,1 k €	-4.9%	85,3 k €	+34.4%	63,4 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		3,0 ETP	0.0%	3,0 ETP	-9.1%	3,3 ETP	+26.9%	2,6 ETP	+30.0%	2,0 ETP	-39.4%	3,3 ETP	+73.7%	1,9 ETP	+111%	0,9 ETP	-30.8%	1,3 ETP	+18.2%	1,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 18 ended

Active mandates

Dongliang HSIANG

Mandate

Active

Ended mandates

Wenyan ZONG

Director · since 01 août 2023

Ended

Yong CHEN

Director · since 01 août 2023

Ended

Chi Choi HAU

Director · since 29 août 2022

Ended

Ping LI

Director · since 29 août 2022

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/05/2026	02/07/2025	17/06/2024	12/07/2023	09/06/2022	14/06/2021
General meeting	13/05/2026	14/05/2025	12/06/2024	28/06/2023	08/06/2022	09/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	13/05/2026	29/05/2026	Dutch	PDF
Micro model	31/12/2024	14/05/2025	02/07/2025	Dutch	PDF
Micro model	31/12/2023	12/06/2024	17/06/2024	Dutch	PDF
Micro model	31/12/2022	28/06/2023	12/07/2023	Dutch	PDF
Micro model	31/12/2021	08/06/2022	09/06/2022	Dutch	PDF
Micro model	31/12/2020	09/06/2021	14/06/2021	Dutch	PDF
Micro model	31/12/2019	10/06/2020	12/06/2020	Dutch	PDF
Micro model	31/12/2018	04/09/2019	09/09/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	28/09/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	11/05/2016	01/09/2016	Dutch	PDF
Abridged model	31/12/2014	13/05/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	14/05/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	08/05/2013	31/05/2013	Dutch	PDF
Abridged model	31/12/2011	23/05/2012	18/06/2012	Dutch	PDF
Abridged model	31/12/2010	08/06/2011	30/06/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	30/12/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	29/07/2009	Dutch	PDF
Abridged model	31/12/2007	25/06/2008	05/08/2008	Dutch	PDF
Abridged model	31/12/2006	13/06/2007	26/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 31/12/2025 · 1 active · 18 ended

Active mandates

Dongliang HSIANG

Mandate

Active

Ended mandates

Wenyan ZONG

Director · since 01 août 2023

Ended

Yong CHEN

Director · since 01 août 2023

Ended

Chi Choi HAU

Director · since 29 août 2022

Ended

Ping LI

Director · since 29 août 2022

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office26/08/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates23/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/05/2017
Ontslag zaakvoerders
PDF
Mandates24/03/2016
Ontslag zaakvoerder
PDF
Mandates22/07/2010
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 2025-9,8 k €↓
2024
Annual accounts 202482,7 k €↓
2023
Annual accounts 2023118 k €↑
2022
Annual accounts 202287,9 k €↑
2021
Annual accounts 202160,3 k €↑
2020
Annual accounts 202051,1 k €↓
2019
Annual accounts 201974,9 k €↑
2018
Annual accounts 201835,1 k €↓
2017
Annual accounts 201750,8 k €↑
2016
Annual accounts 201616,7 k €↓
2015
Annual accounts 201540 k €↑
2014
Annual accounts 201430,9 k €↑
2013
Annual accounts 201320,2 k €↑
2012
Annual accounts 20123,8 k €↓
2011
Annual accounts 20117,3 k €↓
2010
Annual accounts 201026,4 k €↑
2009
Annual accounts 200922,2 k €↑
2008
Annual accounts 20081,9 k €↓
2007
Annual accounts 200711,9 k €↓
2006
Annual accounts 200626,2 k €
16/05/1997
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

L & D

Overview

What does L & D do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline