L2 CONSTRUCT
Annual accounts 2025
micro format, filed on 10-07-2026, 21 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €45,960 on 31-12-2025in euro
in euro
Position in the sector
-85.9%
Lower than 95% of 35,156 companies in 2025.
0.14
Lower than 95% of 34,529 companies in 2025.
-63.2%
Lower than 95% of 34,730 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
45,960 | 49,269 | 59,608 | |
20 |
0 | 390 | 806 | |
21/28 |
36,110 | 31,475 | 18,970 | |
22/27 |
36,110 | 31,475 | 18,970 | |
24 |
36,110 | 31,475 | 18,970 | |
29/58 |
9,850 | 17,404 | 39,832 | |
40/41 |
6,985 | 5,315 | 36,933 | |
40 |
5,380 | 5,058 | 36,006 | |
41 |
1,605 | 257 | 927 | |
54/58 |
888 | 10,019 | 2,579 | |
490/1 |
1,977 | 2,070 | 320 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
45,960 | 49,269 | 59,608 | |
10/15 |
-39,484 | -10,426 | 9,916 | |
10/11 |
2,400 | 2,400 | 2,400 | |
13 |
7,516 | 7,516 | 7,516 | |
133 |
7,516 | 7,516 | 7,516 | |
14 |
-49,400 | -20,342 | - | |
17/49 |
85,444 | 59,695 | 49,692 | |
17 |
16,274 | 25,122 | 14,240 | |
170/4 |
16,274 | 25,122 | 14,240 | |
42/48 |
69,170 | 34,573 | 35,452 | |
42 |
8,848 | 8,409 | 4,504 | |
44 |
16,013 | 683 | 4,069 | |
440/4 |
16,013 | 683 | 4,069 | |
45 |
712 | 3,409 | 2,423 | |
450/3 |
712 | 2,659 | 2,423 | |
454/9 |
0 | 750 | - | |
47/48 |
43,597 | 22,072 | 24,456 | |
| Income statement | ||||
9900 |
-5,978 | -6,575 | 15,395 | |
630 |
15,755 | 8,233 | 4,260 | |
640/8 |
5,177 | 3,377 | 640 | |
9901 |
-26,910 | -18,185 | 10,495 | |
75/76B |
16 | 1 | 14 | |
75 |
16 | 1 | 14 | |
65/66B |
1,689 | 1,921 | 570 | |
65 |
1,689 | 1,921 | 570 | |
9903 |
-28,583 | -20,105 | 9,939 | |
67/77 |
475 | 237 | 2,423 | |
9904 |
-29,058 | -20,342 | 7,516 | |
9905 |
-29,058 | -20,342 | 7,516 | |
| Appropriation of the result | ||||
9906 |
-49,400 | -20,342 | 7,516 | |
14P |
-20,342 | - | - | |
691/2 |
- | - | 7,516 | |
6921 |
- | - | 7,516 | |
| Document | ||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 10-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| -11,155 | -9,952 | 14,755 | ||
| -13,303 | -12,109 | 11,776 | ||
| 20,000 | 29,000 | 22,788 | ||
| -9,131 | 7,440 | - | ||
| -59,320 | -17,169 | 4,380 | ||
| -85.9% | -21.2% | 16.6% | ||
| 0.14 | 0.50 | 1.12 | ||
| - | - | 5.01 | ||
| - | - | 75.8% | ||
| -63.2% | -41.3% | 12.6% | ||
| -6.60 | -5.18 | 25.89 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €20,000 | €29,000 | €22,788 |
| €15,755 | €8,233 | €4,260 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on L2 CONSTRUCT
The operating result for 2025 is a loss of €26,910, larger than the loss of €18,185 in 2024. It is the lowest result since 2023.
Equity is negative. Debt (€85,444) exceeds the balance-sheet total (€45,960).