LAMAR CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of LAMAR CONSTRUCT is 1.9% (moderate). The 2025 annual accounts show equity of €61k and a net result of €43k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 74% of 7431 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+4
Solvency91▲+33
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.35 against 1.47 in 2024; short-term debt: 33.8% and cash: 1.1% of total assets), and 33.8% 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.
−lowers risk+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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.2%
Return on assets
46.3%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €61k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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
29 d late
2024
2 d late
2023
5 d late
2022
60 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€61k▲ 233%
2024 · €18k
2022: €20k
2023: €6k
2024: €18k
2022 → 2025
Total assets
€92k▲ 67.2%
2024 · €55k
2022: €35k
2023: €28k
2024: €55k
2022 → 2025
Net result
€43k▲ 256%
2024 · €12k
2022: €15k
2023: €-14k
2024: €12k
2022 → 2025
Working capital
€42k▲ 142%
2024 · €17k
2022: €17k
2023: €4k
2024: €17k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€20k-€6k▼ 68.6%€18k▲ 188%€61k▲ 233%
Operating result€15k-€-11k€12k€43k▲ 249%
Net result€15k-€-14k€12k€43k▲ 256%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 249% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92k
Fixed assets
€19k▲ 1,802%
Current assets
€73k▲ 34.9%
Equity and liabilities €92k
Equity
€61k▲ 233%
Debt
€31k▼ 15.4%
The debt ratio falls from 66.7% to 33.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46k▲
2024 · €13k
Cash flow
€46k▲
2024 · €13k
Solvency
66.2%▲
2024 · 33.3%
Current ratio
2.35▲
2024 · 1.47
Quick ratio
2.35▲
2024 · 1.47
Debt / equity
0.51▼
2024 · 2.00
ROE
69.9%▲
2024 · 65.3%
ROA
46.3%▲
2024 · 21.8%
Interest coverage
200.31▲
2024 · 44.28
Debt
€31k▼
2024 · €37k
Debt ≤ 1 year
€31k▼
2024 · €37k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€55k€92k▲
Fixed assets21/28€1k€19k▲
Tangible fixed assets22/27€1k€19k▲
Furniture and vehicles24€1k€19k▲
Current assets29/58€54k€73k▲
Amounts receivable within one year40/41€50k€72k▲
Trade receivables40€34k€52k▲
Other amounts receivable41€16k€19k▲
Cash at bank and in hand54/58€4k€985▼
Equity and liabilities
Total equity and liabilities10/49€55k€92k▲
Equity10/15€18k€61k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€13k€56k▲
Amounts payable17/49€37k€31k▼
Amounts payable within one year42/48€37k€31k▼
Trade debts44€17k€21k▲
Suppliers440/4€17k€21k▲
Taxes, remuneration and social security45€6k-
Remuneration and social security454/9€6k-
Other amounts payable47/48€14k€10k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€3k▲
Other operating charges640/8€816€876▲
Gross operating margin9900€14k€47k▲
Operating profit (loss)9901€12k€43k▲
Financial charges65/66B€302€231▼
Recurring financial charges65€302€231▼
Profit (loss) for the period before taxes9903€12k€43k▲
Profit (loss) for the period9904€12k€43k▲
Profit (loss) for the period to be appropriated9905€12k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€56k▲
Profit (loss) brought forward from the previous period14P€1k€13k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Highest result since 2022net €43k ▲256%
Operating result €43k, net result €43k, both a record.
02-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 2 days late
2024
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
31-12
Financial
Weakest financial yearnet €-14k ▼191%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2022
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.
Brugsesteenweg(Kor) 898500 KortrijkGround area
245 m²
Building footprint
214 m²
Volume, LiDAR
1,725 m³
2 parcels, Flanders · tallest building 14.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LAMAR CONSTRUCT
since 20222.333.529.691
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E0551/00N013 | Flanders | 174 m² | 1 · 148 m² | 14.0 m · 3 fl. |
| 34352A0128/00R005 | Flanders | 71 m² | 1 · 65 m² | 10.8 m · 2 fl. |
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
DEMEULENAERE MARC
BE 0479.834.353
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Pauwels Makeover
BE 0750.638.161
Wijnegem · Eq €61k
Olivier Leroux Consulting
BE 0523.948.963
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TERA RENBOUW
BE 0804.225.416
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BMAR PROJECTS
BE 0801.665.804
Gent · Eq €61k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 13,186 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-07-2022
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43310Plastering work
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.