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LARY CONSTRUCT

Active
Private limited companyfounded 2024active for 2 yearsAntoine Baeckstraat 43, 1090 Jette, BelgiumKBO/BCE: BE 1009.435.745

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of LARY CONSTRUCT is 4.1% (elevated). The 2025 annual accounts show negative equity (-€152) and a net result of -€152. Its solvency ranks better than 9% of 34,855 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-05-2025
Filed on
05-12-2025
Format
micro format
Reference
2025-00576710
Turnover
≈ €47,000
Estimated: probably between €25,000 and €92,000
Total assets
€39,832
Net result
-€152
Working capital
-€18,984

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €39,832
Fixed assets €18,832
Current assets €21,000
Equity and liabilities
Equity-€152
Debt€39,984
Equity is negative: debt (€39,984) exceeds the balance-sheet total (€39,832).
Key figures and ratios
2025 value
EBITDA
€3,463
Cash flow
€2,832
Solvency
-0.4%
Current ratio
0.53
ROA
-0.4%
Debt
€39,984
Debt ≤ 1 year
€39,984
Income taxes
€631
Equity ratios withheld: equity of -€152 is too small for a meaningful ratio.

Peer companies

Historical observation

Of the 1,555 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 91.6% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a small loss
4.6% went bankrupt
3.6% stopped otherwise
91.6% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.1% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 1,555 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 25 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 05-12-2025.

Balance sheet Code2025
Assets
Total assets20/58€39,832
Fixed assets21/28€18,832
Tangible fixed assets22/27€18,832
Furniture and vehicles24€18,832
Current assets29/58€21,000
Amounts receivable within one year40/41€21,000
Trade receivables40€21,000
Equity and liabilities
Total equity and liabilities10/49€39,832
Equity10/15-€152
Profit (loss) carried forward14-€152
Amounts payable17/49€39,984
Amounts payable within one year42/48€39,984
Trade debts44€39,207
Suppliers440/4€39,207
Taxes, remuneration and social security45€631
Taxes450/3€631
Other amounts payable47/48€146
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,984
Gross operating margin9900€3,463
Operating profit (loss)9901€479
Profit (loss) for the period before taxes9903€479
Income taxes67/77€631
Profit (loss) for the period9904-€152
Profit (loss) for the period to be appropriated9905-€152
Appropriation of the result
Profit (loss) to be appropriated9906-€152

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,984
Gross operating margin9900€3,463
Operating profit (loss)9901€479
Profit (loss) for the period before taxes9903€479
Income taxes67/77€631
Profit (loss) for the period9904-€152
Profit (loss) for the period to be appropriated9905-€152
Line2025
Assets
Total assets20/58€39,832
Fixed assets21/28€18,832
Tangible fixed assets22/27€18,832
Furniture and vehicles24€18,832
Current assets29/58€21,000
Amounts receivable within one year40/41€21,000
Trade receivables40€21,000
Equity and liabilities
Total equity and liabilities10/49€39,832
Equity10/15-€152
Profit (loss) carried forward14-€152
Amounts payable17/49€39,984
Amounts payable within one year42/48€39,984
Trade debts44€39,207
Suppliers440/4€39,207
Taxes, remuneration and social security45€631
Taxes450/3€631
Other amounts payable47/48€146
Line2025
Profit (loss) for the period9904-€152
+ Depreciation and write-downs630€2,984
Operating cash flow (approximation)€2,832

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-05-2025 micro format 05-12-2025 2025-00576710 NBB

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 15,128 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,461. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.