L & CO

Active

Private limited companyfounded 2012active for 14 yearsVennekensstraat 15, 2235 Hulshout, BelgiumKBO/BCE: BE 0844.877.621

Summary

L & CO has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€2,321) and a net result of -€565. Equity is shrinking by about 63% per year across the filed financial years. Its solvency ranks better than 9% of 34,855 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisFollow Report Compare

L & COActiveChecked score 53/100

Risk analysis Report Compare

Activity

Other building finishing work

NACE 43350

1 site

Size

≈ €8,600turnover 2025, estimated

Equity: -€2,321
Loss: -€565

Turnover estimated from the gross margin

Financial health

53 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.7%

Structure

Board: 6 members

2025 accounts 1 day early1 of 4 deeds summarised

Why 53raises riskCapped at 59: negative equityNegative equity -€2,321Sector: Specialised construction activities (NACE 43)lowers riskSize: total assets €46,145Founded in 2012Show the evidence

Checked score

Score 2025

53 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 12% of its sector peers (NACE 43, micro)

Negative equity caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 20-1

equity -5.0% of total assets

Liquidity 2=

short-term debt 105.0% · cash 1.8%

Profitability 51-21

return on assets -1.2%

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)

Last 24 months 11-2024: 1.5% 12-2024: 1.4%▼ -0.1 percentage points vs 11-2024 01-2025: 1.7%▲ +0.3 percentage points vs 12-2024highest value 02-2025: 0.8%▼ -0.9 percentage points vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 0.8%● unchanged vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.7%▼ -0.1 percentage points vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025lowest value 01-2026: 0.9%▲ +0.2 percentage points vs 12-2025 02-2026: 0.8%▼ -0.1 percentage points vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.7%▼ -0.1 percentage points vs 06-2026 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026

No credit on open account

Liquidity insufficient (current ratio 0.95, compared with 0.94 in 2024, below 1; short-term debt: 105% and cash: 1.8% of total assets), and equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 7% on solvency, 3% on liquidity, 24% on profitability and 13% on growth.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Size: total assets €46,145

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Founded in 2012

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Negative equity -€2,321

NBB · annual accounts

Sector: Specialised construction activities (NACE 43)

KBO

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

19202122232425

2019 to 2025 · latest year -€2,321

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

1 day early

2024

4 days early

2023

6 days early

2022

22 days early

2021

21 days early

2020

6 days early

2019

3 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 9 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 25 January (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-06-2026 year end31-10-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

30-01-2026 Annual accounts filedfinancial year 2025 · micro…
27-01-2025 Annual accounts filedfinancial year 2024 · micro…
30-06-2024 Back to profitnet €1,317

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€2,321 View
Caution: Among the weakest 9% on equitysector median €57,776 · 34,867 companies -€2,321 View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

By topic

Financials

Financial year: 2025
Total assets: €46,145
Loss: -€565
Solvency: -5.0%

Total assets▼ 2.8%

Net result

20192025

Go to Financials

Board & ownership

Board: 6 members

VERMEIJLEN Rudy LouisDirector
LAMBRECHTS BartDirector
LAMBRECHTS Leo Karel IvoDirector
LAMBRECHTS Rogier FransDirector
STEURS Ria Maria JozefineDirector

and 1 other director

Go to Board & ownership

Timeline

Events: 16
Since: 2014
Next accounts: by 31-01-2027

25-01-2024Annual accounts filed
30-06-2023Weakest financial year
24-04-2023Resignations: STEURS Ria Maria Jozefine, LAMBRECHTS Bart…

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Other building finishing workNACE 43350
Founded: 29-03-2012
Year ends: 30-06
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 28

Who signs: Each director alone
Annual meeting: Last Thursday of December at 14:00
Purpose: “Het plaatsen van tussenwanden van gipsplaten; De installatie van al dan niet verplaatsbare…” (deed in Dutch)

Go to Articles of association

Key facts about L & CO

What is the company number of L & CO?: 0844.877.621. In Belgium the VAT number is the company number with BE in front: BE 0844.877.621.
Where is L & CO based?: The registered office is at Vennekensstraat 15, 2235 Hulshout.Company details
What does L & CO do?: According to the KBO register, the main activity is other building finishing work (NACE 43350).
What is the legal form of L & CO?: Private limited company (BV).
When was L & CO founded?: On 29-03-2012.
Is L & CO still active?: Yes, L & CO is an active enterprise in the KBO register.
What is the turnover of L & CO?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is L & CO profitable?: In financial year 2025, L & CO made a loss of €565.
Where can I find the annual accounts of L & CO?: L & CO filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of L & CO due?: By 31-01-2027, for financial year 2026.Timeline