LB Construct
ActiveSummary
The computed 12-month bankruptcy probability of LB Construct is 1.9% (moderate). The 2025 annual accounts show equity of €42,513 and a net result of €20,630. Equity is growing by ~40.8% per year across the filed fiscal years. Its solvency ranks better than 86% of 28051 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 6.23 against 2.88 in 2024; short-term debt: 15.8% and cash: 0% of total assets), and 18.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
81.1%
Return on assets
39.4%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-04-2026, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
61 d late
2024
294 d late
2023
15 d late
2022
17 d early
2021
1 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 71 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€42,513▲ 90.3%
2024 · €22,341
Total assets
€52,420▲ 60.2%
2024 · €32,731
Net result
€20,630▲ 133%
2024 · €8,837
Working capital
€43,248▲ 122%
2024 · €19,493
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
Line20212022202320242025
Operating result€11,126-€793▼ 92.9%€4,783▲ 503%€10,273▲ 115%€29,233▲ 185%
Net result€8,184-€1,445▼ 82.3%€1,875▲ 29.8%€8,837▲ 371%€20,630▲ 133%
Equity€10,184-€11,628▲ 14.2%€13,503▲ 16.1%€22,341▲ 65.4%€42,513▲ 90.3%
Total assets€21,564-€65,344▲ 203%€34,861▼ 46.6%€32,731▼ 6.1%€52,420▲ 60.2%
Debt€11,380-€53,715▲ 372%€21,358▼ 60.2%€10,391▼ 51.3%€9,907▼ 4.7%
Working capital€9,661-€10,814▲ 11.9%€12,844▲ 18.8%€19,493▲ 51.8%€43,248▲ 122%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 185% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52,420
Fixed assets
€903 ▼ 68.3%
Current assets
€51,517 ▲ 72.4%
Equity and liabilities €52,420
Equity
€42,513 ▲ 90.3%
Debt
€9,907 ▼ 4.7%
Debt's share of the balance-sheet total falls from 31.7% to 18.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€31,178▲
2024 · €11,535
Cash flow
€22,575▲
2024 · €10,099
Current ratio
6.23▲
2024 · 2.88
Debt to equity
0.23▼
2024 · 0.47
ROE
48.5%▲
2024 · 39.6%
ROA
39.4%▲
2024 · 27.0%
Interest coverage
40.72▲
2024 · 28.99
Debt ≤ 1 year
€8,269▼
2024 · €10,391
Income taxes
€7,838▲
2024 · €3,674
Staff costs
€405▲
2024 · €182
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €5,412 | - | - |
| Remuneration, social security and pensions62 | - | €14 | €115 | €182 | €405 | ▲ 122% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €660 | €440 | €440 | €1,262 | €1,945 | ▲ 54.1% |
| Other operating charges640/8 | - | €51 | €51 | €63 | €486 | ▲ 671% |
| Gross operating margin9900 | €12,891 | €1,297 | €5,389 | €11,780 | €32,068 | ▲ 172% |
| Operating profit (loss)9901 | €11,126 | €793 | €4,783 | €10,273 | €29,233 | ▲ 185% |
| Financial income75/76B | - | €1,397 | €0 | €2,636 | - | - |
| Recurring financial income75 | €10 | €1,397 | €0 | €2,636 | - | - |
| Financial charges65/66B | - | €250 | €2,142 | €398 | €766 | ▲ 92.4% |
| Recurring financial charges65 | €188 | €250 | €2,142 | €398 | €766 | ▲ 92.4% |
| Profit (loss) for the period before taxes9903 | €10,948 | €1,940 | €2,642 | €12,511 | €28,468 | ▲ 128% |
| Income taxes67/77 | €2,764 | €495 | €767 | €3,674 | €7,838 | ▲ 113% |
| Profit (loss) for the period9904 | €8,184 | €1,445 | €1,875 | €8,837 | €20,630 | ▲ 133% |
| Profit (loss) for the period to be appropriated9905 | €8,184 | €1,445 | €1,875 | €8,837 | €20,630 | ▲ 133% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €21,564 | €65,344 | €34,861 | €32,731 | €52,420 | ▲ 60.2% |
| Fixed assets21/28 | €1,539 | €1,099 | €660 | €2,848 | €903 | ▼ 68.3% |
| Tangible fixed assets22/27 | €1,539 | €1,099 | €660 | €2,848 | €903 | ▼ 68.3% |
| Plant, machinery and equipment23 | - | €1,099 | €660 | €220 | - | - |
| Furniture and vehicles24 | - | - | - | €2,628 | €903 | ▼ 65.6% |
| Current assets29/58 | €20,025 | €64,245 | €34,202 | €29,884 | €51,517 | ▲ 72.4% |
| Amounts receivable within one year40/41 | €14,246 | €48,589 | €31,832 | €29,607 | €51,499 | ▲ 73.9% |
| Trade receivables40 | - | €24,634 | €3,170 | €100 | €3,880 | ▲ 3,780% |
| Other amounts receivable41 | - | €23,955 | €28,662 | €29,507 | €47,619 | ▲ 61.4% |
| Cash at bank and in hand54/58 | €2,421 | €365 | €2,369 | €277 | €18 | ▼ 93.5% |
| Deferred charges and accrued income490/1 | - | €15,291 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €21,564 | €65,344 | €34,861 | €32,731 | €52,420 | ▲ 60.2% |
| Equity10/15 | €10,184 | €11,628 | €13,503 | €22,341 | €42,513 | ▲ 90.3% |
| Contributions10/11 | - | €2,000 | €2,000 | €2,000 | €1,542 | ▼ 22.9% |
| Profit (loss) carried forward14 | €8,184 | €9,628 | €11,503 | €20,341 | €40,971 | ▲ 101% |
| Amounts payable17/49 | €11,380 | €53,715 | €21,358 | €10,391 | €9,907 | ▼ 4.7% |
| Amounts payable within one year42/48 | €10,364 | €53,430 | €21,358 | €10,391 | €8,269 | ▼ 20.4% |
| Trade debts44 | €5,559 | €32,651 | €7,327 | €1,687 | €431 | ▼ 74.5% |
| Suppliers440/4 | - | €32,651 | €7,327 | €1,687 | €431 | ▼ 74.5% |
| Advances received on contracts in progress46 | - | €17,520 | €3,836 | - | - | - |
| Taxes, remuneration and social security45 | - | €3,259 | €10,195 | €8,704 | €7,838 | ▼ 9.9% |
| Taxes450/3 | - | €3,259 | €10,195 | €8,704 | €7,838 | ▼ 9.9% |
| Accrued charges and deferred income492/3 | - | €285 | - | - | €1,638 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,184 | €1,445 | €1,875 | €8,837 | €20,630 | ▲ 133% |
| + Depreciation and write-downs630 | €660 | €440 | €440 | €1,262 | €1,945 | ▲ 54.1% |
| Operating cash flow (approximation) | €8,843 | €1,885 | €2,315 | €10,099 | €22,575 | ▲ 124% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€3,450 | €0 | ▲ 100% |
| Change in cash | - | -€2,056 | €2,004 | -€2,092 | -€259 | ▲ 87.6% |
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
Next filing, fiscal year 2026, expected by
2026
02-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 61 days late
2025
21-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 294 days late
30-06
Financial
Highest result since 2021net €20,630 ▲133%
Operating result €29,233, net result €20,630, both a record.
30-06
Financial
Liquidity doublescurrent ratio 6.23
Current ratio from 2.88 to 6.23; short-term debt falls from €10,391 to €8,269.
2024
15-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
2023
14-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €1,445 ▼82.3%
Net result drops to €1,445, the lowest in the series; recovery starts the following year.
01-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kasterlee · 1 establishment unit since 2020
Ground area
700 m²
Building footprint
106 m²
Volume, LiDAR
501 m³
Parcel 13017D0053/00T000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LB Construct
since 20202.299.194.166
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13017D0053/00T000 | Flanders | 700 m² | 1 · 106 m² | 7.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,141 companies in sector 43910 we hold annual accounts for 5,492. 4,612 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-11-2019
Fiscal year end30-06
Activities, NACEBEL 2025
43910Bricklaying and masonry work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0738587395
Also
9925:BE0738587395
Registered
08-10-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.