Turnover
The micro format states no turnover.
The micro format states no turnover.
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 39% of them on solvency, 33% on liquidity, 91% on profitability and 99% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 39,278 companies had the same profile as LB Corp 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 bankruptcy probability of LB Corp itself is higher: 3.3% within 12 months. It rests on far more data about LB Corp than the profile alone.
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for LB Corp. 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.
Liquidity is tight, with a current ratio of 1.47, below the usual 1.5. Short-term debt is 67.9% and cash 18.9% of total assets. 67.9% of the assets are financed with debt and provisions.
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.
The company filed its last 2 accounts on average 34 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| LB Corp Machelen (Brab.) | €45,459 | €17,587 | 32.1% | - |
| VAN DAMME CONSTRUCT Liedekerke | €41,775 | €18,091 | 77.5% | - |
| R-PLAFONNAGE Wezembeek-Oppem | €42,305 | €18,963 | 50.9% | - |
| PRO VLV CONSTRUCT Asse | €40,863 | €16,210 | 13.6% | - |
| LETO RENO Zaventem | €41,355 | €17,771 | 48.4% | - |
| OUROBOROS PRODUCTION Sint-Pieters-Leeuw | €45,774 | €15,486 | 60.6% | - |
| MAXI RENOV Sint-Pieters-Leeuw | €39,865 | €18,047 | 20.1% | - |
These companies have the same main activity as LB Corp: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €39,900 and €45,800, founded between 2023 and 2024.
The computed 12-month bankruptcy probability of LB Corp is 3.3% (moderate). The 2025 annual accounts show equity of €14,583 and a net result of €14,715.
Its solvency ranks better than 38% of 9,462 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
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 ≈ €210,000. Estimated: probably between €110,000 and €380,000.
Higher than 38% of 9,462 companies in 2025.
Higher than 43% of 9,210 companies in 2025.
Higher than 86% of 9,282 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
45,459 | 3,307 | |
29/58 |
45,459 | 3,307 | |
40/41 |
36,866 | 2,602 | |
40 |
36,866 | 2,602 | |
54/58 |
8,593 | 706 | |
| Balance sheet: equity and liabilities | |||
10/49 |
45,459 | 3,307 | |
10/15 |
14,583 | -132 | |
10/11 |
3,500 | 3,500 | |
14 |
11,083 | -3,632 | |
17/49 |
30,875 | 3,439 | |
42/48 |
30,875 | 3,439 | |
44 |
17,586 | 3,439 | |
440/4 |
17,586 | 3,439 | |
45 |
4,170 | - | |
450/3 |
4,170 | - | |
47/48 |
9,120 | - | |
| Income statement | |||
9900 |
17,587 | -3,622 | |
9901 |
17,587 | -3,622 | |
65/66B |
101 | 10 | |
65 |
101 | 10 | |
9903 |
17,486 | -3,632 | |
67/77 |
2,771 | - | |
9904 |
14,715 | -3,632 | |
9905 |
14,715 | -3,632 | |
| Appropriation of the result | |||
9906 |
11,083 | -3,632 | |
14P |
-3,632 | - | |
| Document | |||
The notes to these accounts have 1 item. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 31-01-2026.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 7,887 | - | ||
| 14,583 | -132 | ||
| 32.1% | - | ||
| 1.47 | - | ||
| 2.12 | - | ||
| 100.9% | - | ||
| 32.4% | - |
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.
The operating result for 2025 is a profit of €17,587, after a loss of €3,622 in 2024.
Debt's share of the balance-sheet total is 67.9%.
LB Corp has no parent and no holdings in its annual accounts. BOURAS Lakhtib is the only director. LB Corp shares no director with another company.
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 14 March 2024, LB Corp was incorporated as a private limited company by one natural person, with a starting capital of €3,500.12 BOURAS Lakhtib is director of the company, appointed by deed of 18-03-2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
| Establishment | Since | Unit number |
|---|---|---|
| Peutiesesteenweg 38 registered office 1830 Machelen (Brab.) | 14-03-2024 | 2.359.349.806 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23047B0030/00A003 | 468 m² | 1 · 134 m² | 10.6 m · 1 |
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 1007.123.482
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