Turnover
≈ €290,000 estimated
The micro format states no turnover.
L & R CONSTRUCT
Lifetime
1 annual account with figurespeak €23,981 (2025)
€23,981
peak €3,175 (2025)
€3,175
peak €6,675 (2025)
€6,675
€102,985
Board1 name since 2023
1 directorGAVRILOVICI Andrei
Documentsfilings and deeds
31-01-2026on the last day
2025micro format
First year with figures
Key points
from the 2025 annual accountsDebts
€102,985 94% of the balance sheet
Financial debts 23%Suppliers 46%Taxes and wages 23%Other 8%
Of this, €79,126 falls due within a year.
Position in the sector
6.1%
Lower solvency than 84% of companies in construction of buildings. Sector median 42.9% · 9,452 companies.
Checked score
51
Fair
Financially stronger than 40% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 3.6%
02-2025: 3.7%▲ +0.1 percentage points vs 01-2025
03-2025: 3.8%▲ +0.1 percentage points vs 02-2025
04-2025: 4.2%▲ +0.4 percentage points vs 03-2025
05-2025: 4.2%● unchanged vs 04-2025
06-2025: 4.6%▲ +0.4 percentage points vs 05-2025
07-2025: 5.0%▲ +0.4 percentage points vs 06-2025
08-2025: 5.0%● unchanged vs 07-2025
09-2025: 4.8%▼ -0.2 percentage points vs 08-2025
10-2025: 4.8%● unchanged vs 09-2025
11-2025: 5.1%▲ +0.3 percentage points vs 10-2025
12-2025: 5.3%▲ +0.2 percentage points vs 11-2025
01-2026: 5.3%● unchanged vs 12-2025highest value
02-2026: 2.6%▼ -2.7 percentage points vs 01-2026
03-2026: 2.6%● unchanged vs 02-2026
04-2026: 2.6%● unchanged vs 03-2026
05-2026: 2.6%● unchanged vs 04-2026
06-2026: 2.6%● unchanged vs 05-2026
07-2026: 2.5%▼ -0.1 percentage points vs 06-2026
08-2026: 2.5%● unchanged vs 07-2026lowest value
09-2026: 2.5%● unchanged vs 08-2026lowest value
10-2026: 2.7%▲ +0.2 percentage points vs 09-2026
11-2026: 2.7%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2023
Sector: Construction of residential and non-residential buildings (NACE 41)
Size: total assets €109,660
lowers risk
Liquidity: current ratio 0.88, cash €37,999
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 15% of them on solvency, 59% on liquidity and 46% on profitability.
The bankruptcy probability was computed on 08-11-2026 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 30-06-2025.
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).
Comparable companies, two years later
In July 2024, 2,135 companies had the same profile as L & R CONSTRUCT has now. Each dot stands for 6 companies, two years later.
92.1%
were still trading
2.3%
stopped another way
5.2%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of L & R CONSTRUCT itself: 2.7% within 12 months.
Test of the method
The method was tested on the 497,447 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 2,135 companies, not a prediction for L & R 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.
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 9452 sector peers (2025).
NBB · sector comparisonPosition among 9452 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
on the day
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1003359288
Incorporation
Founding capital of €3,500, 100 shares · Founder: GAVRILOVICI Andrei (comparant/oprichter) · Appointment: GAVRILOVICI Andrei (director) · published on 15-12-2023 · Gazette deed
First establishment
Laarheidestraat 218, Beersel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| L & R CONSTRUCT Beersel | €109,660 | €23,981 | 6.1% | - |
| FINITION TECHNIQUE Sint-Pieters-Leeuw | €109,165 | €26,056 | 7.5% | - |
| NESSA ENTREPRISE Sint-Pieters-Leeuw | €110,366 | €23,374 | 73.4% | - |
| RBL CONSTRUCT Wemmel | €115,799 | €19,901 | 15.6% | - |
| ALPHA VILLA PROJECT Dilbeek | €130,083 | €22,580 | 12.3% | - |
| ALDC CONSTRUCT Beersel | €132,936 | €25,717 | 26.0% | - |
| NORMA-TECH Tielt-Winge | €112,343 | €23,005 | 27.0% | - |
These companies have the same main activity as L & R CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €109,000 and €133,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 13-12-2023Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 4 others
- Establishment unit
- 2.354.017.7741650 Beersel, since 13-12-2023
- Financial year end
- 30 June
- Peppol
- Reachable since 29-12-2025
Annual accounts to 30-06-2025
- €109,660
- Filing
- Filed on 31-01-2026, on the last day of the filing period
Insights on L & R CONSTRUCT
The computed 12-month bankruptcy probability of L & R CONSTRUCT is 2.7% (moderate). The 2025 annual accounts show equity of €6,675 and a net result of €3,175.
Its solvency ranks better than 16% of 9,452 sector peers (NACE 41, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about L & R CONSTRUCT
- What is the company number of L & R CONSTRUCT?
- The company number of L & R CONSTRUCT is 1003.359.288. The VAT number is the same number with BE in front: BE 1003.359.288.
- Where is L & R CONSTRUCT based?
- The registered office is at Laarheidestraat 218, 1650 Beersel.Company details
- What does L & R CONSTRUCT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of L & R CONSTRUCT?
- L & R CONSTRUCT is a private limited company (BV).
- When was L & R CONSTRUCT founded?
- L & R CONSTRUCT was founded on 13-12-2023.
- Is L & R CONSTRUCT still active?
- Yes, L & R CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of L & R CONSTRUCT?
- The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €23,981 and 263 comparable companies (NACE 41001). It probably lies between €150,000 and €520,000. It is a rough estimate.Financials
- Is L & R CONSTRUCT profitable?
- In financial year 2025, L & R CONSTRUCT made a profit of €3,175.
- Where can I find the annual accounts of L & R CONSTRUCT?
- L & R CONSTRUCT filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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