LAS CONSTRUCTOR
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€24,550
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
20 d early
2023
5 d late
2022
1 d late
2021
31 d late
2020
31 d late
2019
17 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 11 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€20,447▼ 54.6%
2023 · €44,996
Total assets
€63,155▼ 43.7%
2023 · €112,225
Net result
-€24,550▼ 191%
2023 · -€8,425
Working capital
€10,687▼ 67.1%
2023 · €32,456
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€46,918€5,854▼ 87.5%€10,876▲ 85.8%-€248-€8,997▼ 3,524%
Net result€37,246€2,074▼ 94.4%€4,756▲ 129%-€8,425-€24,550▼ 191%
Equity€46,592▲ 399%€48,666▲ 4.5%€53,422▲ 9.8%€44,996▼ 15.8%€20,447▼ 54.6%
Total assets€101,677▲ 296%€124,515▲ 22.5%€109,996▼ 11.7%€112,225▲ 2.0%€63,155▼ 43.7%
Debt€55,084▲ 237%€75,849▲ 37.7%€56,574▼ 25.4%€67,228▲ 18.8%€42,708▼ 36.5%
Working capital€31,552▲ 507%€34,526▲ 9.4%€40,862▲ 18.4%€32,456▼ 20.6%€10,687▼ 67.1%
Staff (FTE)0.90.5▼ 44.4%0.7▲ 40.0%0.8▲ 14.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8,997 in 2024 against €248 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €63,155
Fixed assets
€10,806 ▼ 46.7%
Current assets
€52,349 ▼ 43.1%
Equity and liabilities €63,155
Equity
€20,447 ▼ 54.6%
Debt
€42,708 ▼ 36.5%
Debt's share of the balance-sheet total rises from 59.9% to 67.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€218▼
2023 · €12,662
Cash flow
-€15,771▼
2023 · €4,485
Current ratio
1.26▼
2023 · 1.55
Quick ratio
0.77▼
2023 · 1.19
Debt to equity
2.09▲
2023 · 1.49
ROE
-120.1%▼
2023 · -18.7%
ROA
-38.9%▼
2023 · -7.5%
Interest coverage
-0.03▼
2023 · 2.43
Debt ≤ 1 year
€41,662▼
2023 · €59,484
Debt > 1 year
€1,046▼
2023 · €7,744
Income taxes
€6,970▲
2023 · €3,087
Staff costs
€5,479▼
2023 · €6,369
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €14 | €6 | - | - |
| Remuneration, social security and pensions62 | - | €32,060 | €6,413 | €6,369 | €5,479 | ▼ 14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,831 | €11,563 | €13,499 | €12,911 | €8,779 | ▼ 32.0% |
| Other operating charges640/8 | - | €2,586 | €4,696 | €4,422 | €2,284 | ▼ 48.3% |
| Non-recurring operating charges66A | - | - | €489 | €355 | €14,336 | ▲ 3,937% |
| Gross operating margin9900 | €55,618 | €52,064 | €35,973 | €23,809 | €21,881 | ▼ 8.1% |
| Operating profit (loss)9901 | €46,918 | €5,854 | €10,876 | -€248 | -€8,997 | ▼ 3,524% |
| Financial income75/76B | - | €108 | €62 | €127 | €44 | ▼ 65.2% |
| Recurring financial income75 | €5 | €108 | €62 | €127 | €44 | ▼ 65.2% |
| Financial charges65/66B | - | €1,754 | €1,703 | €5,217 | €8,627 | ▲ 65.4% |
| Recurring financial charges65 | €615 | €1,754 | €1,703 | €5,217 | €8,627 | ▲ 65.4% |
| Profit (loss) for the period before taxes9903 | €46,307 | €4,209 | €9,235 | -€5,339 | -€17,580 | ▼ 229% |
| Income taxes67/77 | €9,062 | €2,135 | €4,479 | €3,087 | €6,970 | ▲ 126% |
| Profit (loss) for the period9904 | €37,246 | €2,074 | €4,756 | -€8,425 | -€24,550 | ▼ 191% |
| Profit (loss) for the period to be appropriated9905 | €37,246 | €2,074 | €4,756 | -€8,425 | -€24,550 | ▼ 191% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €101,677 | €124,515 | €109,996 | €112,225 | €63,155 | ▼ 43.7% |
| Fixed assets21/28 | €32,636 | €40,007 | €29,437 | €20,285 | €10,806 | ▼ 46.7% |
| Tangible fixed assets22/27 | €28,836 | €36,207 | €25,637 | €12,850 | €4,071 | ▼ 68.3% |
| Plant, machinery and equipment23 | - | €12,191 | €9,892 | €4,131 | €1,267 | ▼ 69.3% |
| Furniture and vehicles24 | - | €24,016 | €15,744 | €8,718 | €2,804 | ▼ 67.8% |
| Financial fixed assets28 | €3,800 | €3,800 | €3,800 | €7,435 | €6,735 | ▼ 9.4% |
| Current assets29/58 | €69,040 | €84,508 | €80,559 | €91,940 | €52,349 | ▼ 43.1% |
| Stocks and contracts in progress3 | €1,312 | €16,985 | €16,985 | €20,947 | €20,155 | ▼ 3.8% |
| Stocks30/36 | - | €16,985 | €16,985 | €20,947 | €20,155 | ▼ 3.8% |
| Amounts receivable within one year40/41 | €49,434 | €47,232 | €40,768 | €60,051 | €27,211 | ▼ 54.7% |
| Trade receivables40 | - | €43,695 | €34,017 | €52,184 | €27,211 | ▼ 47.9% |
| Other amounts receivable41 | - | €3,537 | €6,751 | €7,866 | - | - |
| Cash at bank and in hand54/58 | €12,530 | €18,892 | €21,744 | €8,383 | €2,614 | ▼ 68.8% |
| Deferred charges and accrued income490/1 | - | €1,399 | €1,063 | €2,559 | €2,369 | ▼ 7.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €101,677 | €124,515 | €109,996 | €112,225 | €63,155 | ▼ 43.7% |
| Equity10/15 | €46,592 | €48,666 | €53,422 | €44,996 | €20,447 | ▼ 54.6% |
| Contributions10/11 | - | €9,000 | €9,000 | €9,000 | €9,000 | = |
| Reserves13 | €1,073 | €1,073 | €1,073 | €1,073 | €1,073 | = |
| Non-distributable reserves130/1 | - | €1,073 | €1,073 | €1,073 | €1,073 | = |
| Reserves not available under the articles1311 | - | €1,073 | €1,073 | €1,073 | €1,073 | = |
| Profit (loss) carried forward14 | €36,519 | €38,593 | €43,349 | €34,924 | €10,374 | ▼ 70.3% |
| Amounts payable17/49 | €55,084 | €75,849 | €56,574 | €67,228 | €42,708 | ▼ 36.5% |
| Amounts payable after more than one year17 | €17,597 | €25,868 | €16,877 | €7,744 | €1,046 | ▼ 86.5% |
| Financial debts170/4 | - | €25,868 | €16,877 | €7,744 | €1,046 | ▼ 86.5% |
| Amounts payable within one year42/48 | €37,488 | €49,982 | €39,697 | €59,484 | €41,662 | ▼ 30.0% |
| Current portion of amounts payable after more than one year42 | - | €8,851 | €8,991 | €9,133 | €6,698 | ▼ 26.7% |
| Trade debts44 | €9,947 | €4,323 | €3,264 | €13,458 | €15,734 | ▲ 16.9% |
| Suppliers440/4 | - | €4,323 | €3,264 | €13,458 | €15,734 | ▲ 16.9% |
| Advances received on contracts in progress46 | - | €6,306 | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | €20,177 | €11,990 | €9,401 | €11,648 | ▲ 23.9% |
| Taxes450/3 | - | €13,316 | €9,157 | €8,657 | €11,051 | ▲ 27.7% |
| Remuneration and social security454/9 | - | €6,861 | €2,833 | €744 | €598 | ▼ 19.6% |
| Other amounts payable47/48 | - | €10,325 | €15,452 | €27,493 | €7,582 | ▼ 72.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,246 | €2,074 | €4,756 | -€8,425 | -€24,550 | ▼ 191% |
| + Depreciation and write-downs630 | €5,831 | €11,563 | €13,499 | €12,911 | €8,779 | ▼ 32.0% |
| Operating cash flow (approximation) | €43,077 | €13,637 | €18,255 | €4,485 | -€15,771 | ▼ 452% |
| Investment in fixed assets (approximation) | - | -€18,934 | -€2,929 | -€3,759 | €700 | ▲ 119% |
| Change in cash | - | €6,361 | €2,852 | -€13,361 | -€5,769 | ▲ 56.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet -€24,550
Net result drops to -€24,550, the lowest in the series.
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €37,246
Net result €37,246 after one loss-making year.
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
05-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 97 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 ownerChain of control
- Pro-Thermic
- LAS CONSTRUCTOR
Highest known parent: Pro-Thermic. The sources do not say who stands above it.
Owners 1
- Pro-Thermicparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.