L-V-E Services
ActiveSummary
The computed 12-month bankruptcy probability of L-V-E Services is 1.7% (moderate). The 2025 annual accounts show equity of €15,783 and a net result of €2,869. Equity is growing by about 28% per year across the filed financial years. Its solvency ranks better than 39% of 1,680 sector peers (NACE 33, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €15,783
- Profit
- €2,869
Why 55raises riskFounded in 20231 change of registered office in 24 monthslowers riskLiquidity: current ratio 0.90, cash €8,839Figures for financial year 2025 (filed 23-06-2026)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 33, micro): better than 40% on solvency, 31% on liquidity, 47% on profitability and 64% on growth.
The bankruptcy probability was computed on 26-10-2026 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
This company filed its last 3 accounts on average 25 days before the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Registered officeRegistered office clause · Legal…
- Weakest financial yearnet €2,869 ▼34.3%
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result has fallen two years in a row; 2025 is 31% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,202 | €19,746 | €20,261 | ▲ 2.6% |
| Other operating charges640/8 | - | €361 | €1,022 | ▲ 183% |
| Gross operating margin9900 | €14,919 | €26,127 | €25,424 | ▼ 2.7% |
| Operating profit (loss)9901 | €7,717 | €6,020 | €4,141 | ▼ 31.2% |
| Financial income75/76B | €1 | €4 | €1 | ▼ 72.1% |
| Recurring financial income75 | €1 | €4 | €1 | ▼ 72.1% |
| Financial charges65/66B | €51 | €75 | €70 | ▼ 6.3% |
| Recurring financial charges65 | €51 | €75 | €70 | ▼ 6.3% |
| Profit (loss) for the period before taxes9903 | €7,666 | €5,949 | €4,071 | ▼ 31.6% |
| Income taxes67/77 | €1,621 | €1,580 | €1,203 | ▼ 23.9% |
| Profit (loss) for the period9904 | €6,045 | €4,369 | €2,869 | ▼ 34.3% |
| Profit (loss) for the period to be appropriated9905 | €6,045 | €4,369 | €2,869 | ▼ 34.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €61,606 | €63,996 | €44,129 | ▼ 31.0% |
| Fixed assets21/28 | €50,223 | €32,798 | €18,680 | ▼ 43.0% |
| Tangible fixed assets22/27 | €50,223 | €32,798 | €18,680 | ▼ 43.0% |
| Plant, machinery and equipment23 | €3,217 | €1,585 | €2,357 | ▲ 48.7% |
| Furniture and vehicles24 | €47,006 | €31,212 | €16,323 | ▼ 47.7% |
| Current assets29/58 | €11,383 | €31,198 | €25,448 | ▼ 18.4% |
| Stocks and contracts in progress3 | - | - | €5,580 | - |
| Contracts in progress37 | - | - | €5,580 | - |
| Amounts receivable within one year40/41 | €10,304 | €20,901 | €11,029 | ▼ 47.2% |
| Trade receivables40 | €6,208 | €15,040 | €9,012 | ▼ 40.1% |
| Other amounts receivable41 | €4,096 | €5,861 | €2,018 | ▼ 65.6% |
| Cash at bank and in hand54/58 | €1,079 | €3,458 | €8,839 | ▲ 156% |
| Deferred charges and accrued income490/1 | - | €6,840 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €61,606 | €63,996 | €44,129 | ▼ 31.0% |
| Equity10/15 | €8,545 | €12,914 | €15,783 | ▲ 22.2% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | €6,045 | €10,414 | €13,283 | ▲ 27.5% |
| Distributable reserves133 | €6,045 | €10,414 | €13,283 | ▲ 27.5% |
| Amounts payable17/49 | €53,061 | €51,082 | €28,346 | ▼ 44.5% |
| Amounts payable within one year42/48 | €53,061 | €51,082 | €28,346 | ▼ 44.5% |
| Trade debts44 | €372 | €717 | €1,700 | ▲ 137% |
| Suppliers440/4 | €372 | €717 | €1,700 | ▲ 137% |
| Advances received on contracts in progress46 | - | €6,344 | - | - |
| Taxes, remuneration and social security45 | €2,124 | €2,141 | - | - |
| Remuneration and social security454/9 | €2,124 | €2,141 | - | - |
| Other amounts payable47/48 | €50,565 | €41,880 | €26,646 | ▼ 36.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,045 | €4,369 | €2,869 | ▼ 34.3% |
| + Depreciation and write-downs630 | €7,202 | €19,746 | €20,261 | ▲ 2.6% |
| Operating cash flow (approximation) | €13,247 | €24,114 | €23,130 | ▼ 4.1% |
| Investment in fixed assets (approximation) | - | -€2,321 | -€6,144 | ▼ 165% |
| Change in cash | - | €2,379 | €5,381 | ▲ 126% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 23-06-2026 | 2026-00188759 |
| 31-12-2024 | micro format | 04-07-2025 | 2025-00246459 |
| 31-12-2023 | micro format | 20-07-2024 | 2024-00266857 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| VAN ESPEN Lorre |
|
Owners and capital
Capital and shareholders
- VAN ESPEN Lorre 100 shares (100%) · €2,500
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 22-08-2023 Incorporation · €2,500 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
On 18 August 2023, L-V-E Services was incorporated as a private limited company by one natural person, with a starting capital of €2,500.12 In 2026 the registered office moved to Laakdal.3 VAN ESPEN Lorre has served as director of the company since 2023.2 Total assets went from €61,606 in 2023 to €44,129 in 2025.4
Acts, filings and financial milestones
20-03
Gazette deed
Registered officeRegistered office clause · Legal form clause · Registered-office move4 facts ▸
- Registered office clause, “Aarschotsesteenweg 76, 2230 Herselt” (deed in Dutch)
- Legal form clause, “Besloten vennootschap (BV)” (deed in Dutch)
- Board meeting, 31-12-2025
- Registered-office move, Steenbergen 26, 2430 Laakdal
22-08
Gazette deed
IncorporationAppointment: VAN ESPEN Lorre (director) · Founder · Founding capital10 facts ▸
- Incorporation, “L-V-E Services” (deed in Dutch)
- Founder, VAN ESPEN Lorre
- Founding capital, €2,500
- Bank account, “KBC”, EUR (deed in Dutch)
- Other provision, “bevestiging deponering overeenkomstig Wetboek van vennootschappen en verenigingen”, 2500 (deed in Dutch)
- Registered office clause, “2230 Herselt,Aarschotsesteenweg 76” (deed in Dutch)
- Board rule, 1
- Director appointment, VAN ESPEN Lorre (director)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen die eruit voortvloeien en alle activiteiten” (deed in Dutch)
- Other provision, “uitgifte van oprichtingsakte, neerlegging” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0804.892.043
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13045A0457/02A000 | Flanders | 983 m² | 1 · 157 m² | 8.4 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Vervaardiging van metalen constructiewerken of gebinten voor de bouw; Vervaardiging van geprefabriceerde gebouwen, overwegend van metaal…” (deed in Dutch)
77 activities (deed in Dutch)
- Vervaardiging van metalen constructiewerken of gebinten voor de bouw
- Vervaardiging van geprefabriceerde gebouwen, overwegend van metaal: bouwketen, modulaire tentoonstellingselementen, telefooncellen, enz.
- Vervaardiging van carrosserieën (inclusief cabines) voor auto's
- Reparatie van machines
- Onderhoud en herstelling van overige machines voor de landbouw en de bosbouw
- Onderhouds- en herstellingswerken van mechanische aard voor rekening van derden
- Onderhoud en de reparatie van rollend materieel voor spoor- en tramwegen en van mechanische en elektromechanische signaal- en veiligheidstoestellen
- Ontwerpen, montage en onderhoud van geautomatiseerde fabrieken, bestaande uit diverse machines en besturingsmechanismen en uit centrale bewakingsapparatuur
- Bouw van autowegen, straten en andere wegen en paden voor voertuigen en voetgangers (inclusief het plaatsen van vangrails)
- Boren en aanleggen van waterputten, graven van mijnschachten
- Aanleg van telecommunicatielijnen en -netten
- Grondverzet : graven, ophogen, egaliseren en nivelleren van bouwterreinen, graven van sleuven en geulen, verwijderen van rotsen, grondverzet met behulp van explosieven
- Proefboren en boren
- Elektrotechnische installatiewerken aan gebouwen
- Installatie van elektrische bedrading en toebehoren
- Installatie van de bedrading voor telefooninstallaties en computersystemen
- Installatie van bewakingssystemen en alarminstallaties tegen diefstal
- Elektrotechnische installatiewerken, uitgezonderd aan gebouwen
- Installatie van verlichtings- en signaleringssystemen voor wegen en spoorwegen, in havens en luchthavens (inclusief de installatie van verkeersborden)
- Isolatiewerkzaamheden
- Aanbrengen in gebouwen en andere bouwwerken van: - thermische isolatiemateriaal - isolatiemateriaal tegen geluid en trillingen
- Isolatiewerkzaamheden aan verwarmingsleidingen en leidingen van koelsystemen
- Isolatie van koelkamers en -pakhuizen
- Installatie van stores en zonneschermen
- Installatie van antennes en bliksemafleiders
- Schilderen van schepen en boten door niet-gespecialiseerde eenheden
- Reinigen van nieuwe gebouwen na beëindiging van de bouwwerkzaamheden
- Gevelreiniging
- Gevelreiniging door middel van zandstralen, met behulp van stoom, enz.
- Uitvoeren van voegwerken
- Bouwen van funderingen, inclusief heien
- Monteren van niet-zelfvervaardigde metalen constructiewerken
- Uitvoeren van hijs- en hefwerkzaamheden voor rekening van derden
- Optrekken en afbreken van steigers en werkplatforms
- Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
- Kleinhandel in nieuwe en gebruikte auto's voor personenvervoer, inclusief die voor bijzondere doeleinden (b.v. ambulances)
- Detailhandel in andere motorvoertuigen (> 3,5 ton)
- Kleinhandel in nieuwe en gebruikte vrachtwagens, trekkers, bestelwagens, terreinwagens (b.v. jeeps) enz.
- Kleinhandel in nieuwe en gebruikte autobussen, touringcars, minibusjes, motorhomes, enz.
- Handel in nieuwe en gebruikte kampeervoertuigen zoals caravans, kampeerwagens, enz.
- Carrosserieherstelling
- Installatie van onderdelen en accessoires, inclusief de ombouw- en uitbouwwerkzaamheden
- Kleinhandel in nieuwe of gebruikte motorrijwielen
- Kleinhandel in nieuwe of gebruikte bromfietsen
- Handelsbemiddeling in hout en bouwmaterialen
- Handelsbemiddeling in elektrische en elektronisch materiaal, inclusief installatiemateriaal voor industrieel gebruik
- Handelsbemiddeling in loodgietersmateriaal, elektrisch installatiemateriaal voor huishoudelijk gebruik en verwarmingsinstallaties
- Groothandel in elektrische huishoudelijke apparaten
- Groothandel in audio- en videoapparaten
- Groothandel in verlichtingsapparatuur
- Groothandel in elektronische en telecommunicatieapparatuur en delen daarvan
- Groothandel in machines, werktuigen en toebehoren voor de landbouw
- Groothandel in machines voor de mijnbouw, de bouwnijverheid en de weg- en waterbouw
- Groothandel in machines voor de productie van voedings- en genotmiddelen
- Groothandel in verpakkingsmachines en weegtoestellen
- Groothandel in elektrisch materiaal, inclusief installatiemateriaal
- Groothandel in machines en apparaten voor de warmte-, koel- en vriestechniek voor industrieel gebruik
- Groothandel in andere machines en werktuigen, n.e.g.
- Groothandel in bouwmaterialen, algemeen assortiment
- Groothandel in ijzerwaren voor algemeen gebruik(nagels, draad, schroeven, bouten, enz.), werktuigen(hamers, zagen, schroevendraaiers, enz.) en elektrisch aangedreven handgereedschap
- Bouwmarkten en andere doe-het-zelfzaken in bouwmaterialen, algemeen assortiment
- Detailhandel in elektrische huishoudapparaten in gespecialiseerde winkels
- Kleinhandel in elektrische huishoudapparaten
- Detailhandel in verlichtingsartikelen in gespecialiseerde winkels
- Detailhandel in verlichtingsartikelen
- Uitwerking en realisatie van projecten op het gebied van de elektriciteit en elektronica, mijnbouw, chemie, machine- en werktuigbouw, industriële systeemontwikkeling, veiligheid, enz.
- Algemene reiniging van gebouwen
- Overige reiniging van gebouwen; industriële reiniging
- Reinigen van het interieur van allerlei gebouwen: kantoren, fabrieken, werkplaatsen, allerlei commerciële gebouwen, appartementsgebouwen, enz.
- Lappen van ramen
- Schoorsteenvegen en het schoonmaken van vuurplaatsen, kachels, ovens, ketels van centrale verwarming, ventilatiekanalen en uitlaatsystemen
- Landschapsverzorging
- Snoeien van bomen en heggen
- Aanleggen en onderhouden van tuinen, parken en het groene gedeelte van sportvelden
- Overige zakelijke dienstverlening, n.e.g.
- Reparatie van consumentenelektronica
- Overige persoonlijke diensten
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “1, algemene vergadering die bestuurder(s)benoemt” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor