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LB Construct

Active Private limited companyfounded 2019active for 6 yearsGeelsebaan 90, 2460 KasterleeKBO/BCE: BE 0738.587.395

Lifetime

5 annual accounts with figures on one time axis
peak €32,068 (2025)
€32,068▲ 172%
peak €20,630 (2025)
€20,630▲ 133%
peak €42,513 (2025)
€42,513▲ 90.3%
€9,907▼ 4.7%
Board1 name since 2019
1 director
Documentsfilings and deeds
02-04-202661 days late
2025micro format
Gross margin from €11,780 to €32,068Result from €8,837 to €20,630Equity from €22,341 to €42,513Cash from €277 to €18

Key points

from the 2025 annual accounts

Equity

€42,513 ▲ 90.3%

LB Construct has made a profit in every financial year since 2021.

Turnover

≈ €270,000 estimated

The micro format states no turnover.

Liquidity

6.23 was 2.88 in 2024

Short-term debts fell from €10,391 to €8,269.

Filings

5 annual accounts 61 days
deadline20222024

Latest accounts filed late: after the legal deadline.

Position in the sector

81.1%

Higher solvency than 86% of companies in specialised construction. Sector median 46.9% · 37,177 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,969 companies had the same profile as LB Construct has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% 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.

The companies in ten equal groups, from the lowest to the 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 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 26,969 companies, not a prediction for LB 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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Signals

Board and ownership

Director
  • 100 sharesdeed of 03-12-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0738587395
First establishment Geelsebaan 90, Kasterlee
Incorporation Founding capital of €2,000, 100 shares · Founder: · Appointment: (director) · published on 03-12-2019 · Gazette deed
All 11 events

Comparable companies

same main activity, similar in size and age
Company
LB Construct Kasterlee €52,420 €32,068 81.1% -
Classic Young Car's Villers-le-Bouillet €51,937 €30,177 -110.8% -
Bouwwerken Mannaerts Pelt €51,750 €26,351 98.6% -
ELIS CONSTRUCT Brussels €59,664 €34,698 69.5% -
PILI CONSTRUCT Sivry-Rance €62,962 €26,872 86.3% -
Verbeke Nick Lichtervelde €46,333 €22,989 5.4% -
KaMiNut Soignies €45,455 €25,072 48.1% -

These companies have the same main activity as LB Construct: bricklaying and masonry work (NACE 43910). They are comparable in size and age: total assets between €45,500 and €63,000, founded between 2018 and 2020.

Official details

Source: KBO
Status
Active since 29-11-2019Normal situation
Activity
Bricklaying and masonry workNACE 43910
Establishment unit
2.299.194.1662460 Kasterlee, since 02-01-2020
Financial year end
30 June
Peppol
Reachable since 08-10-2025
Company details

Annual accounts to 30-06-2025

€52,420▲ 60.2%
Filing
Filed on 02-04-2026
Financials

Insights on LB Construct

LB Construct files the micro format. That format states no turnover. The gross margin rose from €12,891 in 2021 to €32,068 in 2025.

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 LB Construct

What is the company number of LB Construct?
The company number of LB Construct is 0738.587.395. The VAT number is the same number with BE in front: BE 0738.587.395.
Where is LB Construct based?
The registered office is at Geelsebaan 90, 2460 Kasterlee.Company details
What does LB Construct do?
According to the KBO register, the main activity is bricklaying and masonry work (NACE 43910).
What is the legal form of LB Construct?
LB Construct is a private limited company (BV).
When was LB Construct founded?
LB Construct was founded on 29-11-2019.
Is LB Construct still active?
Yes, LB Construct is an active enterprise in the KBO register.
What is the turnover of LB Construct?
The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €32,068 and 100 comparable companies (NACE 439). It probably lies between €160,000 and €490,000.Financials
Is LB Construct profitable?
In financial year 2025, LB Construct made a profit of €20,630.
Where can I find the annual accounts of LB Construct?
LB Construct filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LB Construct due?
LB Construct must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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