Equity
€74,057 from €129,216 in 2022
Equity fell by 43% in 3 years.
LATHI CONSTRUCT
Lifetime
9 annual accounts with figures on one time axispeak €312,632 (2021)
-€2,617▲ €5,108
lowest -€44,464 (2023)
-€4,991▲ €714
peak €129,216 (2022)
€74,057▼ 6.3%
€127▼ 67.7%
peak 4.9 FTE (2021)
-not published
Board2 names since 2016
2 directors and 1 other
Documentsfilings and deeds
09-07-202622 days before the deadline
2025abbreviated format
Gross margin from -€7,725 to -€2,617Loss of €4,991Debts from €393 to €127Cash from €2,149 to €151
Key points
from the 2025 annual accountsLosses
-€55,159 in three years
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Investments
€3,496 13.4 × depreciation
Green is investment, beige is depreciation.
Filings
9 annual accounts 2 late
The 2022 accounts came latest: 59 days after the end of the period.
Starting capital
€18,600 100 shares
Position in the sector
99.8%
Higher solvency than 95% of companies in construction of buildings. Sector median 36.1% · 2,642 companies.
Turnover not published (abbreviated format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,440 companies had the same profile as LATHI CONSTRUCT has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,440 companies, not a prediction for LATHI CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Manager
Manager
- 99 sharesdeed of 28-12-2016
- 1 sharedeed of 28-12-2016
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0668406115
Appointment: (manager)
Gazette deed
Incorporation
Founding capital of €18,600, 100 shares, €6,200 paid up · Founders: ; · Appointment: (manager) · published on 28-12-2016 · Gazette deed
First establishment
Noordstraat 30, Retie
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LATHI CONSTRUCT Retie | €74,184 | -€2,617 | 99.8% | - |
| MT Bouw Geel | €80,895 | -€671 | 87.7% | - |
| Spier Construct Turnhout | €84,050 | -€1,075 | -66.7% | - |
| T.C.G. Mol | €84,272 | -€35,789 | 17.2% | - |
| C & W CONSTRUCT Hulshout | €70,528 | -€25,336 | 47.5% | - |
| Korabo Geel | €91,177 | -€11,672 | 54.9% | - |
| Albrim Construct Namur | €75,302 | €747 | 71.9% | - |
These companies have the same main activity as LATHI CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €70,500 and €91,200, founded between 2015 and 2017.
Official details
Source: KBO- Status
- Active since 23-12-2016Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.265.025.4222470 Retie, since 23-12-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 19-02-2026
Annual accounts 2025
- €74,184▼ 6.6%
- Filing
- Filed on 09-07-2026, 22 days before the end of the filing period
Insights on LATHI CONSTRUCT
LATHI CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin fell from €86,810 in 2017 to -€2,617 in 2025.
The balance sheet grew most from 2018 to 2019 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LATHI CONSTRUCT
- What is the company number of LATHI CONSTRUCT?
- The company number of LATHI CONSTRUCT is 0668.406.115. The VAT number is the same number with BE in front: BE 0668.406.115.
- Where is LATHI CONSTRUCT based?
- The registered office is at Noordstraat 30, 2470 Retie.Company details
- What does LATHI CONSTRUCT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of LATHI CONSTRUCT?
- LATHI CONSTRUCT is a private limited company (pre-2019) (BVBA).
- When was LATHI CONSTRUCT founded?
- LATHI CONSTRUCT was founded on 23-12-2016.
- Is LATHI CONSTRUCT still active?
- Yes, LATHI CONSTRUCT is an active enterprise in the KBO register.
- How many employees does LATHI CONSTRUCT have?
- LATHI CONSTRUCT had an average of 3.4 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of LATHI CONSTRUCT?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.
- Is LATHI CONSTRUCT profitable?
- In financial year 2025, LATHI CONSTRUCT made a loss of €4,991.
- Where can I find the annual accounts of LATHI CONSTRUCT?
- LATHI CONSTRUCT filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LATHI CONSTRUCT due?
- LATHI CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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