L.G.E Parachèvement
ActiveThe computed 12-month bankruptcy probability of L.G.E Parachèvement is 2.7% (moderate). The 2024 annual accounts show equity of €40k and a net result of €12k. Equity is growing by ~21.2% per year across the filed fiscal years. Its solvency ranks better than 38% of 9981 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▼-19
Solvency56▲+11
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.16 in 2023; short-term debt: 63.7% and cash: 4.5% of total assets), and 69% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
31%
Return on assets
9.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
68 d late
2022
4 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€148k
EBIT margin
24.9%
Net result
€12k▼ 89.7%
2023 · €121k
2022: €31k
2023: €121k
2022 → 2024
Working capital
€27k▲ 0.5%
2023 · €27k
2022: €22k
2023: €27k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€148k-
Equity€23k-€40k▲ 70.3%€40k▲ 1.1%
Operating result€37k-€133k▲ 261%€25k▼ 81.1%
Net result€31k-€121k▲ 288%€12k▼ 89.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 81% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €129k
Fixed assets
€20k▲ 56.0%
Current assets
€109k▼ 42.6%
Equity and liabilities €129k
Equity
€40k▲ 1.1%
Debt
€89k▼ 45.4%
The debt ratio falls from 80.5% to 69.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€32k▼
2023 · €136k
Cash flow
€19k▼
2023 · €124k
Solvency
31.0%▲
2023 · 19.5%
Current ratio
1.33▲
2023 · 1.16
Quick ratio
1.33▲
2023 · 1.16
Debt / equity
2.23▼
2023 · 4.13
ROE
31.1%▼
2023 · 306.5%
ROA
9.6%▼
2023 · 59.8%
Interest coverage
45.89▼
2023 · 400.64
Debt
€89k▼
2023 · €163k
Debt ≤ 1 year
€82k▼
2023 · €163k
Debt > 1 year
€7k
Income taxes
€12k▲
2023 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€203k€129k▼
Fixed assets21/28€13k€20k▲
Tangible fixed assets22/27€13k€20k▲
Plant, machinery and equipment23€1k€243▼
Furniture and vehicles24€11k€20k▲
Current assets29/58€190k€109k▼
Amounts receivable within one year40/41€182k€103k▼
Trade receivables40€172k€93k▼
Other amounts receivable41€10k€10k▲
Cash at bank and in hand54/58€8k€6k▼
Deferred charges and accrued income490/1-€533
Equity and liabilities
Total equity and liabilities10/49€203k€129k▼
Equity10/15€40k€40k▲
Contributions10/11€2k€2k=
Reserves13€38k€38k▲
Distributable reserves133€38k€38k▲
Amounts payable17/49€163k€89k▼
Amounts payable after more than one year17-€7k
Financial debts170/4-€7k
Amounts payable within one year42/48€163k€82k▼
Current portion of amounts payable after more than one year42-€5k
Trade debts44€24k€35k▲
Suppliers440/4€24k€35k▲
Taxes, remuneration and social security45€34k€31k▼
Taxes450/3€9k€31k▲
Remuneration and social security454/9€25k-
Other amounts payable47/48€105k€12k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€7k▲
Other operating charges640/8€26k€46k▲
Gross operating margin9900€162k€78k▼
Operating profit (loss)9901€133k€25k▼
Financial income75/76B-€247
Recurring financial income75-€247
Financial charges65/66B€340€692▲
Recurring financial charges65€340€692▲
Profit (loss) for the period before taxes9903€133k€25k▼
Income taxes67/77€11k€12k▲
Profit (loss) for the period9904€121k€12k▼
Profit (loss) for the period to be appropriated9905€121k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€121k€12k▼
Transfer to equity691/2€16k€438▼
To other reserves6921€16k€438▼
Profit to be distributed694/7€105k€12k▼
Directors or managers695€105k€12k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet €12k ▼89.7%
Net result drops to €12k, the lowest in the series.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Highest result since 2022net €121k ▲288%
Operating result €133k, net result €121k, both a record.
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de l'Avouerie 444000 LiègeGround area
100 m²
Building footprint
52 m²
Volume, LiDAR
498 m³
Parcel 62078A0455/00C020, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
L.G.E Parachèvement
since 20222.330.331.166
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62078A0455/00C020 | Wallonia | 100 m² | 1 · 52 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
Recognitions · licences · registrations
Recognised contractor
1 categoryL.G.E Parachèvement SRL46128
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PROGECOO
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Uudis
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MARY’S HOUSES
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 12,851 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-01-2022
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43230Insulation installation
43310Plastering work
43350Other building finishing work
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.