L&T
ActiveThe computed 12-month bankruptcy probability of L&T is 3.2% (moderate). The 2024 annual accounts show equity of €48k and a net result of €-168k. Equity is shrinking by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 19% of 9984 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
7
/ 100
Critical▼ -93 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency18▼-77
Growth32▼-20
Stability94
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.98 against 2.22 in 2023), and 89.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
10.8%
Return on assets
-37.8%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 9984 sector peers (2024).
NBB · sector comparisonPosition among 9984 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-09-2025, 49 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
49 d late
2023
30 d late
2022
61 d late
2021
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€48k▼ 77.7%
2023 · €217k
2021: €113k
2022: €140k
2023: €217k
2021 → 2024
Total assets
€446k▲ 4.1%
2023 · €429k
2021: €273k
2022: €332k
2023: €429k
2021 → 2024
Net result
€-168k
2023 · €77k
2021: €108k
2022: €27k
2023: €77k
2021 → 2024
Working capital
€-7k
2023 · €141k
2021: €62k
2022: €72k
2023: €141k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€113k-€140k▲ 23.7%€217k▲ 55.4%€48k▼ 77.7%
Operating result€142k-€34k▼ 75.9%€114k▲ 234%€-155k
Net result€108k-€27k▼ 75.3%€77k▲ 190%€-168k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €155k after €114k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €446k
Fixed assets
€138k▼ 19.7%
Current assets
€309k▲ 19.9%
Equity and liabilities €446k
Equity
€48k▼ 77.7%
Debt
€398k▲ 87.8%
The debt ratio rises from 49.4% to 89.2%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-119k▼
2023 · €151k
Cash flow
€-133k▼
2023 · €114k
Solvency
10.8%▼
2023 · 50.6%
Current ratio
0.98▼
2023 · 2.22
Quick ratio
0.98▼
2023 · 2.22
Debt / equity
8.23▲
2023 · 0.98
ROE
-348.6%▼
2023 · 35.6%
ROA
-37.8%▼
2023 · 18.0%
Interest coverage
-17.07▼
2023 · 20.37
Debt
€398k▲
2023 · €212k
Debt ≤ 1 year
€316k▲
2023 · €116k
Debt > 1 year
€80k▼
2023 · €93k
Income taxes
€8k▼
2023 · €31k
Staff costs
€19k▲
2023 · €18k
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€429k€446k▲
Fixed assets21/28€171k€138k▼
Intangible fixed assets21€266-
Tangible fixed assets22/27€169k€136k▼
Land and buildings22€124k€119k▼
Plant, machinery and equipment23€8k€5k▼
Furniture and vehicles24€36k€12k▼
Financial fixed assets28€2k€2k=
Current assets29/58€257k€309k▲
Amounts receivable within one year40/41€200k€279k▲
Trade receivables40€179k€220k▲
Other amounts receivable41€20k€59k▲
Cash at bank and in hand54/58€55k€17k▼
Deferred charges and accrued income490/1€3k€13k▲
Equity and liabilities
Total equity and liabilities10/49€429k€446k▲
Equity10/15€217k€48k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€212k€43k▼
Amounts payable17/49€212k€398k▲
Amounts payable after more than one year17€93k€80k▼
Financial debts170/4€93k€80k▼
Amounts payable within one year42/48€116k€316k▲
Current portion of amounts payable after more than one year42€47k€35k▼
Financial debts43€7k-
Credit institutions430/8€7k-
Trade debts44€35k€160k▲
Suppliers440/4€35k€160k▲
Taxes, remuneration and social security45€15k€805▼
Taxes450/3€13k-
Remuneration and social security454/9€2k€805▼
Other amounts payable47/48€13k€120k▲
Accrued charges and deferred income492/3€3k€2k▼
Income statement
Code20232024
Remuneration, social security and pensions62€18k€19k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€35k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€20k
Other operating charges640/8€3k€5k▲
Gross operating margin9900€171k€-75k▼
Operating profit (loss)9901€114k€-155k▼
Financial income75/76B€914€1k▲
Recurring financial income75€914€1k▲
Financial charges65/66B€7k€7k▼
Recurring financial charges65€7k€7k▼
Profit (loss) for the period before taxes9903€108k€-161k▼
Income taxes67/77€31k€8k▼
Profit (loss) for the period9904€77k€-168k▼
Profit (loss) for the period to be appropriated9905€77k€-168k▼
Appropriation of the result
Profit (loss) to be appropriated9906€212k€43k▼
Profit (loss) brought forward from the previous period14P€135k€212k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 49 days late
2024
31-12
Financial
Weakest financial yearnet €-168k ▼318%
Net result drops to €-168k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Equity above €200kEq €217k ▲55.4%
3 profitable years in a row build equity to €217k.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2025
Loïc ROEKHAUT
CurrentDirector · since 21-05-2025
21-05-2025
Loïc ROEKHAUT: Resigned as Director
21-05-2025
Loïc ROEKHAUT: Appointed as Director
17-07-2024
Thomas FISCHER: Resigned as Director
Location & real-estate footprint
Registered office, Wavre · 1 establishment unit since 2021
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.
Avenue des Lilas 211300 WavreGround area
851 m²
Building footprint
255 m²
Volume, LiDAR
774 m³
2 parcels, Flanders, Wallonia · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
L&T
since 20212.316.231.326
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25055B0511/00M000 | Wallonia | 601 m² | 1 · 155 m² | 6.6 m · 2 fl. |
| 22002A0015/00E003 | Flanders | 250 m² | 1 · 100 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DOMIL
BE 0836.085.164
Braine-l'Alleud · Eq €48k
INO-BUILD
BE 0746.395.501
Lokeren · Eq €48k
CSP Toitures
BE 0607.864.851
Anhée · Eq €48k
TOP BATIMENT
BE 0809.724.821
Sint-Agatha-Berchem · Eq €48k
PJV Construct
BE 0896.516.560
Bierbeek · Eq €48k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 12,904 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-04-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43995Specialised construction activities
43211General electrical installation work
43221Plumbing work
43240Other construction installation
43299Specialised construction activities
43999Specialised construction activities
95240Repair and maintenance of furniture and upholstery
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.