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LAMAR CONSTRUCT

Active
Private limited company·Algemene bouw van residentiële gebouwen· 4 yrs active
Brugsesteenweg(Kor) 89 ·8500 Kortrijk, Belgium
KBO/BCE: BE 0788.447.276
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Age4 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of LAMAR CONSTRUCT is 2.5% (moderate). The 2024 annual accounts show equity of €18k and a net result of €12k. Equity is shrinking by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 43% of 3827 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Trust signals

3 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.5% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€12k
Working capital€17k+309.2%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 02-08-2025 with the NBB · fiscal year 2024 · micro
€-20k€-10k€0€10k€20kOperating result 2022: €15k€15kNet result 2022: €15k€15kOperating result 2023: €-11k€-11kNet result 2023: €-14k€-14kOperating result 2024: €12k€12kNet result 2024: €12k€12k202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Gross margin: declining trend of ~6.3%/year over 3 fiscal years, indicative, assuming unchanged policy.
€-10k€0€10k€20k2025: €13k (€12k - €14k)2026: €12k (€11k - €14k)2027: €12k (€10k - €13k)2022: €16k2023: €-10k2024: €14k202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 41, Construction of buildings · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 33.3% 39.4%
better than 43% of 3827 sector peers
Net result €12k €9k
better than 55% of 3824 sector peers
Equity €18k €29k
better than 38% of 3832 sector peers
Gross operating margin €14k €26k
better than 34% of 3822 sector peers
Total assets €55k €85k
better than 34% of 3828 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P43
2022: P75 · n=22262023: P32 · n=31242024: P43 · n=38272022 2024
Weakening position over 2022-2024 · n=2226-3827
Net result P55
2022: P60 · n=22202023: P9 · n=31172024: P55 · n=38242022 2024
Stable position over 2022-2024 · n=2220-3824
Equity P38
2022: P48 · n=22312023: P22 · n=31292024: P38 · n=38322022 2024
Stable position over 2022-2024 · n=2231-3832
Gross operating margin P34
2022: P38 · n=22142023: P5 · n=31112024: P34 · n=38222022 2024
Stable position over 2022-2024 · n=2214-3822
Describes the position versus peers, not a forecast.
EBITDA
€13k
- far above sector median
Net profit
€12k
- far above sector median
Cash flow
€13k
- far above sector median
Total assets
€55k
+96.8% -68% vs sector
Equity
€18k
+188.4% -81% vs sector
Working capital
€17k
+309.2% -79% vs sector
Income taxes
€3k
- far above sector median
Debt
€37k
+69.9% -32% vs sector
Debt ≤ 1y
€37k
+69.9% -32% vs sector
Current ratio
1.47
+23.1% -32% vs sector
Quick ratio
1.47
+23.1% -32% vs sector
Solvency
33.3%
+46.5% -38% vs sector
Debt / equity
2.00
-41.1% +52% vs sector
ROE
65.3%
- far above sector median
ROA
21.8%
- far above sector median
Interest coverage
44.28
- far above sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€13k
Net profit€12k
Cash flow€13k
Staff costs-
Income taxes-
Dividends-
Total assets€55k
Equity€18k
Debt€37k
of which ≤ 1y€37k
of which > 1y-
Working capital€17k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.47
Quick ratio1.47
Working capital ratio31.5%
Solvency33.3%
Debt / equity2.00
Long-term debt ratio-
Interest coverage44.28
Gross margin-
Net margin-
ROA21.8%
ROE65.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€55k
Fixed assets 21/28€1k
Tangible fixed assets 22/27€1k
Current assets 29/58€54k
Amounts receivable within one year 40/41€50k
Cash & bank 54/58€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€55k
Equity 10/15€18k
Contributions / capital 10/11€5k
Accumulated profits (losses) 14€13k
Amounts payable 17/49€37k
Amounts payable within one year 42/48€37k
Trade debts payable within one year 44€17k
Income statement
Gross operating margin 9900€14k
Operating result 9901€12k
Financial charges 65€302
Result before taxes 9903€12k
Net result for the period 9904€12k
Result to be appropriated 9905€12k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
86 / 100 Excellent
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location
LAMAR CONSTRUCT
Aalbeeksesteenweg(Kor) 98/0011, 8500 KortrijkAlgemene bouw van residentiële gebouwen
since 20222.333.529.691
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area245 m²
Buildings2
Building footprint214 m²
Volume (LiDAR)1,725 m³
Tallest building14.0 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

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.
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.

Analysis

Snowflake analysis

financial profile on 5 axes
Health86Profitability100Solvency63Growth32Stability94
75 / 100

Exceptional profile, strong across almost every axis.

Health 86
Profitability 100
Solvency 63
Growth 32
Stability 94

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201Stukadoorswerk43310Stukadoorswerk43310
Primary activity highlighted.
Names & trade names
Legal nameNL LAMAR CONSTRUCT
Registered office
Brugsesteenweg(Kor) 89
8500 Kortrijk, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.