L.E. CONSTRUCT
Annual accounts 2025
abbreviated format, filed on 07-09-2026, 38 days lateTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €390,000. Estimated: probably between €240,000 and €640,000.
Balance sheet
balance sheet total €243,850 on 31-12-2025in euro
in euro
Position in the sector
24.9%
Higher than 30% of 1,569 companies in 2025.
1.32
Higher than 42% of 1,540 companies in 2025.
6.3%
Higher than 53% of 1,554 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: bottom quarter
Staff
€25,644
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
243,850 | 153,633 | 182,831 | 154,005 | 148,585 | 165,810 | 123,416 | 91,236 | 99,084 | 126,217 | 62,475 | 33,867 | 35,966 | 36,828 | |
21/28 |
2,597 | 5,083 | 2,994 | 4,848 | 1,821 | 5,655 | 3,981 | 5,685 | 4,970 | 2,536 | 4,133 | 6,587 | 8,379 | 8,303 | |
22/27 |
2,597 | 5,083 | 2,994 | 4,848 | 1,821 | 5,655 | 3,981 | 5,685 | 4,970 | 2,536 | 4,133 | 6,587 | 8,379 | 8,303 | |
23 |
1,248 | 1,694 | 369 | 311 | 1,216 | 2,282 | 3,025 | 4,452 | 3,276 | 2,376 | 2,303 | 2,382 | 2,190 | 1,463 | |
24 |
1,349 | 3,389 | 2,625 | 4,537 | 605 | 897 | 956 | 1,232 | 1,694 | 159 | 1,830 | 4,205 | 6,189 | 6,840 | |
29/58 |
241,253 | 148,550 | 179,837 | 149,157 | 146,764 | 160,154 | 119,435 | 85,551 | 94,114 | 123,682 | 58,342 | 27,280 | 27,587 | 28,525 | |
40/41 |
220,326 | 120,985 | 165,113 | 145,682 | 138,854 | 159,785 | 118,619 | 70,263 | 93,691 | 111,041 | 52,654 | 17,571 | 21,126 | 14,744 | |
40 |
188,543 | 79,328 | 85,574 | 70,928 | 83,888 | 122,556 | 94,111 | 56,123 | 91,424 | 103,654 | 50,125 | 15,587 | 4,177 | 7,917 | |
41 |
31,783 | 41,656 | 79,538 | 74,755 | 54,967 | 37,229 | 24,508 | 14,140 | 2,268 | 7,387 | 2,529 | 1,984 | 16,949 | 6,827 | |
54/58 |
18,137 | 24,531 | 13,969 | 2,696 | 4,525 | - | 188 | 12,426 | 15 | 9,881 | 2,247 | 7,053 | 4,606 | 13,269 | |
490/1 |
2,790 | 3,034 | 755 | 779 | 3,385 | 369 | 628 | 2,862 | 409 | 2,759 | 3,441 | 2,656 | 1,855 | 512 | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
243,850 | 153,633 | 182,831 | 154,005 | 148,585 | 165,810 | 123,416 | 91,236 | 99,084 | 126,217 | 62,475 | 33,867 | 35,966 | 36,828 | |
10/15 |
60,832 | 45,370 | 54,079 | 46,483 | 58,398 | 49,032 | 47,338 | 39,990 | 37,286 | 30,406 | 15,818 | -3,091 | 18,131 | 5,730 | |
10/11 |
18,400 | 18,400 | 18,400 | 16,900 | 15,900 | 10,250 | 9,800 | 9,800 | 9,800 | 7,800 | 6,500 | 6,500 | 6,500 | 6,500 | |
100 |
- | - | - | - | - | - | 9,800 | 9,800 | 9,800 | 7,800 | 6,500 | 6,500 | 6,500 | 6,500 | |
11 |
18,400 | 18,400 | 18,400 | 16,900 | 15,900 | 10,250 | - | - | - | - | - | - | - | - | |
1109/19 |
18,400 | 18,400 | 18,400 | 16,900 | 15,900 | 10,250 | - | - | - | - | - | - | - | - | |
13 |
19,159 | 3,697 | 3,697 | 3,697 | 3,697 | 3,697 | 3,697 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | |
130/1 |
- | - | 3,697 | 3,697 | 3,697 | 3,697 | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 3,697 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | |
1311 |
- | - | 3,697 | 3,697 | 3,697 | 3,697 | - | - | - | - | - | - | - | - | |
133 |
19,159 | 3,697 | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
23,273 | 23,273 | 31,982 | 25,886 | 38,801 | 35,085 | 33,841 | 28,330 | 25,626 | 20,746 | 7,458 | -11,451 | 9,771 | -770 | |
17/49 |
183,018 | 108,263 | 128,751 | 107,522 | 90,187 | 116,778 | 76,078 | 51,246 | 61,798 | 95,811 | 46,657 | 36,958 | 17,835 | 31,098 | |
42/48 |
182,889 | 81,184 | 128,751 | 105,272 | 90,187 | 116,778 | 73,408 | 51,246 | 61,798 | 95,687 | 46,657 | 36,958 | 17,835 | 31,098 | |
43 |
- | - | - | - | - | 2,376 | - | - | 423 | - | - | - | - | - | |
430/8 |
- | - | - | - | - | 2,376 | - | - | 423 | - | - | - | - | - | |
44 |
122,880 | 42,725 | 69,420 | 73,721 | 64,494 | 83,258 | 65,425 | 42,759 | 45,002 | 88,672 | 35,422 | 27,030 | 5,812 | 26,517 | |
440/4 |
122,880 | 42,725 | 69,420 | 73,721 | 64,494 | 83,258 | 65,425 | 42,759 | 45,002 | 88,672 | 35,422 | 27,030 | 5,812 | 26,517 | |
45 |
60,009 | 38,459 | 36,615 | 15,929 | 10,071 | 14,602 | 7,983 | 8,487 | 16,317 | 6,877 | 10,424 | 6,952 | 7,892 | - | |
450/3 |
23,401 | 12,281 | 7,927 | 6,068 | 9,513 | 3,844 | 3,229 | 8,487 | 13,117 | 5,377 | 10,424 | 4,557 | 3,997 | - | |
454/9 |
36,608 | 26,178 | 28,689 | 9,861 | 557 | 10,758 | 4,754 | - | 3,200 | 1,500 | - | 2,395 | 3,895 | - | |
47/48 |
- | - | 22,716 | 15,622 | 15,622 | 16,541 | - | - | 56 | 138 | 811 | 2,976 | 4,131 | 4,581 | |
492/3 |
129 | 27,079 | - | 2,250 | - | - | 2,670 | - | - | 124 | - | - | - | - | |
| Income statement | |||||||||||||||
76A |
12,504 | 12,504 | 10,200 | - | 5,568 | - | - | - | 413 | - | - | - | - | - | |
9900 |
121,585 | 73,872 | 67,561 | 5,579 | 34,458 | 7,317 | 15,247 | 17,371 | 32,264 | 18,824 | 30,356 | -17,022 | 26,500 | 1,550 | |
62 |
51,289 | 23,414 | 35,267 | 9,032 | - | 300 | - | - | - | - | - | - | 177 | - | |
630 |
2,486 | 3,020 | 2,153 | 1,944 | 2,145 | 2,177 | 3,536 | 4,672 | 3,015 | 2,365 | 2,713 | 2,687 | 2,506 | 1,982 | |
631/4 |
-4,755 | -810 | - | - | 5,565 | - | - | - | - | - | - | - | - | - | |
640/8 |
6,456 | 1,344 | 1,686 | 3,488 | 1,981 | 2,786 | 874 | 1,148 | 1,592 | 2,292 | 2,067 | 1,187 | 7,607 | 283 | |
66A |
- | - | 5,074 | - | 15,901 | - | - | 6,914 | 14,559 | - | - | - | - | - | |
9901 |
66,110 | 46,904 | 23,380 | -8,884 | 8,867 | 2,055 | 10,837 | 4,637 | 13,099 | 14,167 | 25,576 | -20,896 | 16,210 | -715 | |
75/76B |
86 | 1 | 94 | 0 | 127 | 2,066 | 177 | 0 | 22 | 3,086 | - | - | - | - | |
75 |
86 | 1 | 94 | 0 | 127 | 0 | 177 | 0 | 22 | 161 | - | - | - | - | |
76B |
- | - | - | - | - | 2,066 | - | - | - | 2,925 | - | - | - | - | |
65/66B |
22,303 | 27,143 | 6,805 | 3,913 | 2,558 | 1,469 | 1,443 | 767 | 1,018 | 610 | 139 | 326 | 193 | 55 | |
65 |
22,303 | 27,143 | 6,805 | 3,913 | 2,558 | 1,469 | 1,443 | 767 | 1,018 | 610 | 139 | 326 | 193 | 55 | |
9903 |
43,893 | 19,762 | 16,669 | -12,798 | 6,436 | 2,651 | 9,571 | 3,870 | 12,103 | 16,643 | 25,437 | -21,222 | 16,017 | -770 | |
67/77 |
28,431 | 28,471 | 3,160 | 117 | 2,720 | 1,408 | 2,223 | 1,166 | 7,223 | 7,285 | 6,528 | - | 3,616 | - | |
9904 |
15,462 | -8,709 | 13,509 | -12,915 | 3,716 | 1,244 | 7,348 | 2,704 | 4,880 | 9,357 | 18,909 | -21,222 | 12,401 | -770 | |
9905 |
15,462 | -8,709 | 13,509 | -12,915 | 3,716 | 1,244 | 7,348 | 2,704 | 4,880 | 9,357 | 18,909 | -21,222 | 12,401 | -770 | |
| Appropriation of the result | |||||||||||||||
9906 |
38,735 | 23,273 | 39,395 | 25,886 | 38,801 | 35,085 | 35,678 | 28,330 | 25,626 | 20,746 | 7,458 | -11,451 | 11,631 | -770 | |
14P |
23,273 | 31,982 | 25,886 | 38,801 | 35,085 | - | - | - | - | - | - | - | - | - | |
691/2 |
15,462 | - | - | - | - | - | 1,837 | - | - | - | - | - | 1,860 | - | |
6920 |
- | - | - | - | - | - | 1,837 | - | - | - | - | - | 1,860 | - | |
6921 |
15,462 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | - | 7,413 | - | - | - | - | - | - | - | - | - | - | - | |
694 |
- | - | 7,413 | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||
9087 |
2 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Hours worked1013 |
2,226 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 07-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 38 days after the deadline. Filed on 7 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00505189.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 07-09-2026 | 2026-00505189 | |
| 31-12-2024 | micro format | 31-08-2025 | 2025-00474401 | |
| 31-12-2023 | micro format | 15-08-2024 | 2024-00356409 | |
| 31-12-2022 | micro format | 03-07-2023 | 2023-00197602 | |
| 31-12-2021 | micro format | 29-06-2022 | 2022-20117358 | |
| 31-12-2020 | micro format | 17-09-2021 | 2021-67800270 | |
| 31-12-2019 | micro format | 28-08-2020 | 2020-47300344 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-57200424 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-61500095 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-57900417 | |
| 31-12-2015 | full format | 24-06-2016 | 2016-22400355 | |
| 31-12-2014 | full format | 16-01-2016 | 2016-02100179 | |
| 31-12-2013 | full format | 21-01-2015 | 2015-02200554 | |
| 31-12-2012 | full format | 17-09-2013 | 2013-58700031 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 68,596 | 49,924 | 25,533 | -6,940 | 11,011 | 4,232 | 14,373 | 9,309 | 16,114 | 16,532 | 28,289 | -18,209 | 18,716 | 1,267 | ||
| 17,948 | -5,689 | 15,662 | -10,970 | 5,860 | 3,421 | 10,885 | 7,376 | 7,895 | 11,722 | 21,622 | -18,535 | 14,907 | 1,212 | ||
| 0 | 5,109 | 298 | 4,972 | 373 | 3,852 | 1,833 | 5,387 | 5,449 | 548 | 259 | 895 | 2,582 | 10,285 | ||
| -6,394 | 10,562 | 11,273 | -1,828 | - | - | -12,238 | 12,411 | -9,867 | 7,634 | -4,806 | 2,447 | -8,663 | - | ||
| 58,364 | 67,366 | 51,086 | 43,885 | 56,577 | 43,377 | 46,027 | 34,305 | 32,316 | 27,995 | 11,685 | -9,678 | 9,752 | -2,573 | ||
| 24.9% | 29.5% | 29.6% | 30.2% | 39.3% | 29.6% | 38.4% | 43.8% | 37.6% | 24.1% | 25.3% | -9.1% | 50.4% | 15.6% | ||
| 1.32 | 1.83 | 1.40 | 1.42 | 1.63 | 1.37 | 1.63 | 1.67 | 1.52 | 1.29 | 1.25 | 0.74 | 1.55 | 0.92 | ||
| 3.01 | 2.39 | 2.38 | 2.31 | 1.54 | 2.38 | 1.61 | 1.28 | 1.66 | 3.15 | 2.95 | - | 0.98 | 5.43 | ||
| 25.4% | -19.2% | 25.0% | -27.8% | 6.4% | 2.5% | 15.5% | 6.8% | 13.1% | 30.8% | 119.5% | - | 68.4% | -13.4% | ||
| 6.3% | -5.7% | 7.4% | -8.4% | 2.5% | 0.8% | 6.0% | 3.0% | 4.9% | 7.4% | 30.3% | -62.7% | 34.5% | -2.1% | ||
| 3.08 | 1.84 | 3.75 | -1.77 | 4.30 | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 |
|---|---|
| 1.2 |
Source: social balance sheet in the 2025 annual accounts
Overdue debts
tax and social security| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Overdue tax debts | - | - | - | - | €9,513 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €5,109 | €298 | €4,972 | €373 |
| €2,486 | €3,020 | €2,153 | €1,944 | €2,145 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on L.E. CONSTRUCT
The operating result for 2025 is 41% higher than in 2024 and the highest since 2012. It is the third rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total rises from 70.5% to 75.1%. Equity and debt are higher.