Equity
LB Constructions has made a profit in every financial year since 2022.
In July 2024, 39,326 companies had the same profile as LB Constructions has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 39,326 companies, not a prediction for LB Constructions. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| LB Constructions Gedinne | €261,379 | €76,741 | 38.1% | - |
| DD MONTAGE Aarschot | €258,070 | €73,168 | 50.1% | - |
| STONEROOF Lendelede | €277,823 | €81,877 | 63.1% | - |
| Dakwerken Dimitri Meulemeester Jabbeke | €240,565 | €81,594 | 44.4% | - |
| MANU TOITURE Mouscron | €299,333 | €76,305 | 7.6% | - |
| DBJ Dakwerken Oostkamp | €253,110 | €82,770 | 17.7% | - |
| Dakproject Vaes Meerhout | €231,662 | €70,606 | 53.8% | - |
These companies have the same main activity as LB Constructions: roofing work (NACE 43410). They are comparable in size and age: total assets between €232,000 and €299,000, founded between 2021 and 2022.
LB Constructions files the micro format. That format states no turnover. The gross margin rose from €25,841 in 2022 to €76,741 in 2025.
The balance sheet grew most from 2023 to 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €330,000. Estimated: probably between €200,000 and €450,000.
Higher than 40% of 37,211 companies in 2025.
Higher than 29% of 36,505 companies in 2025.
Higher than 59% of 36,740 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
261,379 | 211,624 | 142,705 | 127,712 | |
21/28 |
104,581 | 116,255 | 66,207 | 33,803 | |
22/27 |
104,581 | 116,255 | 66,207 | 33,803 | |
23 |
61,950 | 74,456 | 9,978 | 1,035 | |
24 |
42,631 | 41,799 | 56,229 | 32,768 | |
29/58 |
156,798 | 95,368 | 76,498 | 93,909 | |
3 |
0 | 15,000 | - | - | |
30/36 |
0 | 15,000 | - | - | |
40/41 |
52,919 | 44,561 | 40,009 | 31,345 | |
40 |
48,493 | 40,581 | 33,274 | 29,092 | |
41 |
4,426 | 3,980 | 6,736 | 2,252 | |
54/58 |
103,455 | 34,370 | 31,617 | 61,869 | |
490/1 |
424 | 1,437 | 4,872 | 695 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
261,379 | 211,624 | 142,705 | 127,712 | |
10/15 |
99,635 | 72,857 | 56,419 | 25,071 | |
10/11 |
8,000 | 8,000 | 8,000 | 8,000 | |
14 |
91,635 | 64,857 | 48,419 | 17,071 | |
17/49 |
161,744 | 138,767 | 86,286 | 102,641 | |
17 |
31,498 | 47,618 | 11,327 | 15,763 | |
170/4 |
31,498 | 47,618 | 11,327 | 15,763 | |
42/48 |
130,246 | 91,148 | 74,509 | 86,878 | |
42 |
16,121 | 16,107 | 4,435 | 4,295 | |
44 |
87,619 | 55,980 | 39,359 | 45,364 | |
440/4 |
87,619 | 55,980 | 39,359 | 45,364 | |
45 |
10,461 | 10,355 | 20,655 | 15,455 | |
450/3 |
10,461 | 10,355 | 20,655 | 15,455 | |
47/48 |
16,045 | 8,707 | 10,060 | 21,765 | |
492/3 |
- | - | 449 | - | |
| Income statement | |||||
9900 |
76,741 | 48,725 | 52,569 | 25,841 | |
630 |
33,964 | 24,999 | 11,708 | 4,708 | |
640/8 |
6,739 | 1,446 | 1,330 | 450 | |
9901 |
36,038 | 22,281 | 39,531 | 20,684 | |
75/76B |
- | 25 | 548 | 1 | |
75 |
- | 25 | 2 | - | |
76B |
- | - | 546 | 1 | |
65/66B |
1,841 | 2,550 | 811 | 514 | |
65 |
1,841 | 2,550 | 748 | 431 | |
66B |
- | - | 63 | 83 | |
9903 |
34,197 | 19,756 | 39,268 | 20,171 | |
67/77 |
7,419 | 3,318 | 7,921 | 3,100 | |
9904 |
26,778 | 16,438 | 31,347 | 17,071 | |
9905 |
26,778 | 16,438 | 31,347 | 17,071 | |
| Appropriation of the result | |||||
9906 |
91,635 | 64,857 | 48,419 | 17,071 | |
14P |
64,857 | 48,419 | 17,071 | - | |
| Document | |||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 11-03-2026.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 70,002 | 47,280 | 51,239 | 25,391 | ||
| 60,742 | 41,437 | 43,055 | 21,779 | ||
| 24,999 | 75,047 | 44,112 | 38,511 | ||
| 69,084 | 2,754 | -30,253 | - | ||
| 26,552 | 4,220 | 1,988 | 7,031 | ||
| 38.1% | 34.4% | 39.5% | 19.6% | ||
| 1.20 | 1.05 | 1.03 | 1.08 | ||
| 1.20 | 0.88 | 1.03 | 1.08 | ||
| 1.62 | 1.90 | 1.53 | 4.09 | ||
| 26.9% | 22.6% | 55.6% | 68.1% | ||
| 10.2% | 7.8% | 22.0% | 13.4% | ||
| 38.03 | 18.54 | 68.51 | 58.98 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €24,999 | €75,047 | €44,112 | €38,511 |
| €33,964 | €24,999 | €11,708 | €4,708 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 62% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 65.6% to 61.9%. Equity and debt are higher.
LB Constructions has no parent and no holdings in its annual accounts. is the only director. LB Constructions shares no director with another company.
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue d'Houdremont, L.-S.-D. 11 registered office 5575 Gedinne | ||
| Rue d'Houdremont, L.-S.-D. 1 5575 Gedinne | 23-12-2021 | 2.328.454.910 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 91082A0409/00P000 | 452 m² | 1 · 127 m² | 10.9 m · 3 |
| 91082A0415/00B000 | 162 m² | 1 · 103 m² | 11.2 m · 3 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0779.286.122
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