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L.P.H.

Active
Private limited companyfounded 1987active for 39 yearsSteenvoordestraat(HEU) 33, 9070 Destelbergen, BelgiumKBO/BCE: BE 0430.206.282
Summary

The annual accounts of L.P.H. for financial year 2025 show a net loss of 61% of the equity at the start of that year. The 2025 annual accounts show equity of €8,793 and a net result of -€13,558. Equity is shrinking by about 26% per year across the filed financial years. Its solvency ranks better than 18% of 34,040 sector peers (NACE 43, financial year 2025). The company has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Activity
General electrical installation work
NACE 43211
8th oldest company in Destelbergen, Construction sector1 site
Size
€57,832total assets 2025
Equity
€8,793
Loss
-€13,558
Turnover not published (micro format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.3%
Structure
Accounts filed 31 days late0 of 4 deeds read
Why 53raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearSector: Specialised construction activities (NACE 43)Loss of €13,558 (financial year 2025)Equity €8,793 (15.2% of total assets)lowers riskLiquidity: current ratio 0.46, cash €21,982Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 18% of its sector peers (NACE 43, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 40-14
equity 15.2% of total assets
Liquidity 51-8
short-term debt 84.8% · cash 38.0%
Profitability 0-77
return on assets -23.4%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,550 companies, NACE 43, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged 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: 1.0%▲ +0.2 percentage points vs 06-2025 08-2025: 0.2%▼ -0.8 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026 09-2026: 1.3%▲ +0.7 percentage points vs 08-2026highest value 10-2026: 1.3%● unchanged vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.46, compared with 0.63 in 2024; short-term debt: 84.8% and cash: 38% of total assets), and 84.8% of the assets are financed with debt and provisions.
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 18% on solvency, 45% on liquidity, 4% on profitability and 7% on growth.

The bankruptcy probability was computed on 11-10-2026 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
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Loss of €13,558 (financial year 2025)
NBB · annual accounts
raises risk · Equity €8,793 (15.2% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.46, cash €21,982
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 34040 sector peers (2025).
NBB · sector comparison
Position among 34040 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
13 days early
2023
13 days early
2022
21 days late
2021
23 days early
2020
61 days late
2019
18 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 7 days after 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 July (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Back to profitnet €4,841

Key points

  • Caution: Among the weakest 10% on net resultsector median €10,256 · 34,026 companies -€13,558 View
  • Active since 1987founded 09-01-1987 39 years View
  • Total assets 20256 financial years filed €57,832 View

By topic

Financials

Financial year
2025
Total assets
€57,832
Loss
-€13,558
Solvency
15.2%
Total assets▼ 24.9%
Net result
20182025
Go to Financials

Timeline

Events
42
Since
1988
Next accounts
by 31-07-2027
  1. 18-07-2024Annual accounts filed
  2. 21-08-2023Annual accounts filed
  3. 08-07-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
09-01-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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