L & L Construct
ActiveSummary
The computed 12-month bankruptcy probability of L & L Construct is 3.9% (moderate). The 2025 annual accounts show equity of €46,281 and a net result of €6,610. Equity has been growing by about 51% per year since 2021. Its solvency ranks better than 19% of 9,415 sector peers (NACE 41, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 18-02-2020 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 2 others
- Establishment unit
- 2.299.772.307 2222 Heist-op-den-Berg, since 18-02-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 16-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.9%
- Gross margin
- €23,724
- ▼ 59.6%
- Turnover
- ≈ €280,000
- estimated
- Profit
- €6,610
- ▼ 60.9%
- Equity
- €46,281
- ▲ 16.7%
- Total assets
- €428,054
- ▲ 268%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Last filed accounts filed 31 days late; 1 of the last 3 accounts lateFounded in 20201 change of registered office in 24 monthsShow the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 41, micro). It does better than 19% of them on solvency, 38% on liquidity, 30% on profitability and 61% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 5 accounts on average 17 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00467453.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 5 filings
Every figure per financial year
The operating result for 2025 is 53% lower than in 2024 and the lowest since 2022.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €65,950 | - | - | - | - |
| Depreciation and write-downs of the year | €8,968 | €8,359 | €8,359 | €17,294 | €6,440 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 · 1 entry · €202 awarded · €202 paid| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1,653 | - | - | €47 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,968 | €8,359 | €8,359 | €17,294 | €6,440 | ▼ 62.8% |
| Other operating charges640/8 | €14,247 | €1,559 | €951 | €6,412 | €761 | ▼ 88.1% |
| Gross operating margin9900 | €37,280 | €23,100 | €28,791 | €58,747 | €23,724 | ▼ 59.6% |
| Operating profit (loss)9901 | €14,065 | €13,182 | €19,481 | €35,042 | €16,523 | ▼ 52.8% |
| Financial income75/76B | €18 | €0 | €24 | €28 | €4 | ▼ 84.3% |
| Recurring financial income75 | €18 | €0 | €24 | €28 | €4 | ▼ 84.3% |
| Financial charges65/66B | €6,605 | €2,798 | €10,348 | €9,689 | €6,135 | ▼ 36.7% |
| Recurring financial charges65 | €6,605 | €2,798 | €10,348 | €9,689 | €6,135 | ▼ 36.7% |
| Profit (loss) for the period before taxes9903 | €7,478 | €10,384 | €9,156 | €25,380 | €10,392 | ▼ 59.1% |
| Income taxes67/77 | €680 | €2,852 | €2,708 | €8,487 | €3,782 | ▼ 55.4% |
| Profit (loss) for the period9904 | €6,798 | €7,532 | €6,448 | €16,893 | €6,610 | ▼ 60.9% |
| Profit (loss) for the period to be appropriated9905 | €6,798 | €7,532 | €6,448 | €16,893 | €6,610 | ▼ 60.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €250,129 | €323,182 | €361,356 | €116,354 | €428,054 | ▲ 268% |
| Fixed assets21/28 | €42,106 | €33,746 | €25,387 | €8,093 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €42,106 | €33,746 | €25,387 | €8,093 | €0 | ▼ 100% |
| Furniture and vehicles24 | €31,362 | €23,003 | €14,643 | €6,440 | €0 | ▼ 100% |
| Other tangible fixed assets26 | €10,744 | €10,744 | €10,744 | €1,653 | €0 | ▼ 100% |
| Current assets29/58 | €208,023 | €289,436 | €335,969 | €108,261 | €428,054 | ▲ 295% |
| Stocks and contracts in progress3 | €142,972 | €245,112 | €293,845 | €0 | €402,989 | - |
| Stocks30/36 | €142,972 | €210,112 | €268,845 | €0 | €402,989 | - |
| Contracts in progress37 | - | €35,000 | €25,000 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €1,500 | €6,809 | €0 | €24,056 | €6,494 | ▼ 73.0% |
| Trade receivables40 | €0 | €6,009 | €0 | €0 | €2,791 | - |
| Other amounts receivable41 | €1,500 | €800 | €0 | €24,056 | €3,703 | ▼ 84.6% |
| Cash at bank and in hand54/58 | €63,552 | €37,515 | €42,125 | €84,205 | €16,713 | ▼ 80.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €1,857 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €250,129 | €323,182 | €361,356 | €116,354 | €428,054 | ▲ 268% |
| Equity10/15 | €8,798 | €16,330 | €22,778 | €39,671 | €46,281 | ▲ 16.7% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €6,798 | €14,330 | €20,778 | €37,671 | €44,281 | ▲ 17.5% |
| Distributable reserves133 | €6,798 | €14,330 | €20,778 | €37,671 | €44,281 | ▲ 17.5% |
| Amounts payable17/49 | €241,331 | €306,852 | €338,578 | €76,683 | €381,772 | ▲ 398% |
| Amounts payable after more than one year17 | €130,534 | €214,962 | €207,210 | €0 | €245,000 | - |
| Financial debts170/4 | €130,534 | €214,962 | €207,210 | €0 | €245,000 | - |
| Amounts payable within one year42/48 | €110,797 | €91,890 | €131,368 | €76,683 | €136,772 | ▲ 78.4% |
| Current portion of amounts payable after more than one year42 | €7,518 | €7,634 | €7,752 | €7,210 | €0 | ▼ 100% |
| Trade debts44 | €11,529 | €38,502 | €12,441 | €4,068 | €4,884 | ▲ 20.1% |
| Suppliers440/4 | €11,529 | €38,502 | €12,441 | €4,068 | €4,884 | ▲ 20.1% |
| Advances received on contracts in progress46 | - | - | €32,175 | €0 | - | - |
| Taxes, remuneration and social security45 | €33,750 | €4,843 | €13,661 | €3,195 | €4,269 | ▲ 33.6% |
| Taxes450/3 | €33,750 | €4,843 | €13,661 | €3,195 | €4,269 | ▲ 33.6% |
| Remuneration and social security454/9 | - | - | €0 | - | €0 | - |
| Other amounts payable47/48 | €58,000 | €40,911 | €65,340 | €62,210 | €127,619 | ▲ 105% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,798 | €7,532 | €6,448 | €16,893 | €6,610 | ▼ 60.9% |
| + Depreciation and write-downs630 | €8,968 | €8,359 | €8,359 | €17,294 | €6,440 | ▼ 62.8% |
| Operating cash flow (approximation) | €15,767 | €15,891 | €14,807 | €34,187 | €13,050 | ▼ 61.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €1,653 | - |
| Change in cash | - | -€26,037 | €4,610 | €42,081 | -€67,492 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,274 companies had the same profile as L & L Construct has now. Two years later, 94.7% were still going and 2.5% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of L & L Construct itself is higher: 3.9% within 12 months. It rests on far more data about L & L Construct than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,274 companies, not a prediction for L & L Construct. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00467453 | |
| 31-12-2024 | micro format | 25-08-2025 | 2025-00397577 | |
| 31-12-2023 | micro format | 29-06-2024 | 2024-00183405 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00381672 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20361354 |
Board & ownership
Directors
Owners and capital
Owners
Network & group
L & L Construct shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of L & L Construct. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
04-09
Gazette deed
Registered office moved within Heist-op-den-BergNew registered office: Kruisstraat 4, 2222 Heist-op-den-Berg · Previous registered office: Lindestraat 30, 2222 Heist-op-den-Berg2 points ▸
- Board meeting, 11-06-2025
- Registered-office move, Kruisstraat 4, 2222 Heist-op-den-Berg
- The deed holds 1 more point.
17-01
Gazette deed
Registered office moved within Heist-op-den-BergNew registered office: Lindestraat 30 te 2222 Heist-op-den-Berg · Previous registered office: Denis Verschuerenstraat 10 te 2222 Heist-op-den-Berg2 points ▸
- Board meeting, 03-01-2023
- Registered-office move, Lindestraat 30 te 2222 Heist-op-den-Berg
- The deed holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0743.802.928
Financial year and general meeting
Accounts at the NBBEnvironmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12039C0312/00D000 | Flanders | 1,061 m² | 1 · 150 m² | 7.8 m · 2 |