LBroers Construct
ActiveFrom the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
LBroers Construct has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67,065 and a net result of €18,965. Equity has been growing by about 47% per year since 2023. Its solvency ranks better than 62% of 39,242 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 29-06-2023 Normal situation
- Legal form
- Private limited company
- Registered office
- Rue Ardenelle, Cor. 83, 5032 Gembloux
- Activity
- Business and other management consultancy NACE 70200
- Establishment unit
- 2.351.712.936 5032 Gembloux, since 01-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €25,436
- ▼ 24.5%
- Turnover
- ≈ €73,000
- estimated
- Profit
- €18,965
- ▼ 26.8%
- Equity
- €67,065
- ▲ 39.4%
- Total assets
- €100,507
- ▲ 13.5%
Score breakdownraises riskFounded in 2023lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 2.96, cash €41,638Equity €67,065 (66.7% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
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 70, micro). It does better than 62% of them on solvency, 78% on liquidity, 62% on profitability and 77% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
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).
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Signals
The company filed its last 3 accounts on average 28 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
2025 annual accounts filed 28 days after the deadline Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00447346.
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 28-08-2026
- Format
- micro format
- Reference
- 2026-00447346
2023 to 2025, 3 financial years
The operating result for 2025 is 24% lower than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Companies with the same profile, two years later
Historical observationIn July 2024, 39,278 companies had the same profile as LBroers Construct has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
The bankruptcy probability of LBroers Construct itself is lower: < 0.1% within 12 months. It rests on far more data about LBroers Construct than the profile alone.
Test of the method
The method was tested on the 497,445 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 LBroers 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €711 | €687 | €504 | ▼ 26.6% |
| Other operating charges640/8 | €773 | €113 | €67 | ▼ 40.7% |
| Gross operating margin9900 | €25,696 | €33,694 | €25,436 | ▼ 24.5% |
| Operating profit (loss)9901 | €24,212 | €32,894 | €24,865 | ▼ 24.4% |
| Financial charges65/66B | €14 | €77 | €271 | ▲ 252% |
| Recurring financial charges65 | €14 | €77 | €271 | ▲ 252% |
| Profit (loss) for the period before taxes9903 | €24,198 | €32,817 | €24,594 | ▼ 25.1% |
| Income taxes67/77 | €5,000 | €6,916 | €5,629 | ▼ 18.6% |
| Profit (loss) for the period9904 | €19,198 | €25,901 | €18,965 | ▼ 26.8% |
| Profit (loss) for the period to be appropriated9905 | €19,198 | €25,901 | €18,965 | ▼ 26.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €46,097 | €88,544 | €100,507 | ▲ 13.5% |
| Formation expenses20 | €440 | - | - | - |
| Fixed assets21/28 | - | €2,273 | €1,769 | ▼ 22.2% |
| Tangible fixed assets22/27 | - | €2,273 | €1,769 | ▼ 22.2% |
| Furniture and vehicles24 | - | €2,273 | €1,769 | ▼ 22.2% |
| Current assets29/58 | €45,657 | €86,271 | €98,738 | ▲ 14.5% |
| Amounts receivable after more than one year29 | - | €50,000 | €45,000 | ▼ 10.0% |
| Trade receivables290 | - | €50,000 | €45,000 | ▼ 10.0% |
| Amounts receivable within one year40/41 | €1,539 | €12,250 | €12,100 | ▼ 1.2% |
| Trade receivables40 | €1,539 | €12,250 | €12,100 | ▼ 1.2% |
| Cash at bank and in hand54/58 | €44,118 | €24,021 | €41,638 | ▲ 73.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €46,097 | €88,544 | €100,507 | ▲ 13.5% |
| Equity10/15 | €22,198 | €48,100 | €67,065 | ▲ 39.4% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €19,198 | €45,100 | €64,065 | ▲ 42.1% |
| Distributable reserves133 | €19,198 | €45,100 | €64,065 | ▲ 42.1% |
| Amounts payable17/49 | €23,899 | €40,444 | €33,442 | ▼ 17.3% |
| Amounts payable within one year42/48 | €23,835 | €40,378 | €33,375 | ▼ 17.3% |
| Trade debts44 | €224 | €11,842 | €7,418 | ▼ 37.4% |
| Suppliers440/4 | €224 | €11,842 | €7,418 | ▼ 37.4% |
| Taxes, remuneration and social security45 | €21,588 | €24,835 | €20,682 | ▼ 16.7% |
| Taxes450/3 | €19,088 | €17,335 | €18,182 | ▲ 4.9% |
| Remuneration and social security454/9 | €2,500 | €7,500 | €2,500 | ▼ 66.7% |
| Other amounts payable47/48 | €2,023 | €3,701 | €5,275 | ▲ 42.5% |
| Accrued charges and deferred income492/3 | €64 | €66 | €67 | ▲ 1.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,198 | €25,901 | €18,965 | ▼ 26.8% |
| + Depreciation and write-downs630 | €711 | €687 | €504 | ▼ 26.6% |
| Operating cash flow (approximation) | €19,909 | €26,588 | €19,469 | ▼ 26.8% |
| Investment in fixed assets (approximation) | - | - | €0 | - |
| Change in cash | - | -€20,097 | €17,617 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Comparable companies
These companies have the same main activity as LBroers Construct: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €79,700 and €102,000, founded in 2023.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| LBroers Construct Gembloux | 2023 | €100,507 | €67,065 | €25,436 | €18,965 | 2025 |
| Ferz’HR Profondeville | 2023 | €94,639 | €69,857 | €25,334 | €17,197 | 2025 |
| MIGA Management Eghezée | 2023 | €100,413 | €16,281 | €22,453 | €872 | 2025 |
| PURO CONSULTANT Eghezée | 2023 | €94,409 | €77,610 | €30,774 | €13,824 | 2025 |
| ALTHEHA Assesse | 2023 | €102,350 | €82,743 | €20,685 | €13,901 | 2025 |
| APSI CONSULTING Walcourt | 2023 | €85,875 | €33,534 | €28,348 | €6,537 | 2025 |
| HARTOR Yvoir | 2023 | €79,707 | €37,899 | €22,993 | €13,619 | 2025 |
They were chosen from the 54,697 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BROERS Loïck |
|
The board according to the articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, nombre,durée du mandat et,en cas de pluralité,pouvoirs”“Portée aux frais généraux,indépendamment des frais de représentation,voyages et déplacements, assemblée générale”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Formes prévues pour modifications aux statuts, assemblée générale”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments”
Articles of association, deed of 03-07-2023 (in French)
Owners and capital
Capital transactions
- BROERS Loïck 10 shares (100%)
- 03-07-2023 Incorporation · €3,000 · 10 shares
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Cession entre vifs ou transmission pour cause de décès des actions d'un actionnaire, article 5:63 du Code des Sociétés et des Associations”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Actions nouvelles à souscrire en numéraire, Apport en numéraire avec émission de nouvelles actions – Droit de préférence”
Other provisionsThese rules from the articles cover subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 03-07-2023 (in French)
Group and network
Connections & network
1 current directorThe board mandates are in the list below. The network lets you explore the same ties.
Board mandates elsewhere
5 board mandatesHistory
Acts, filings and financial milestones
03-07
Gazette deed
IncorporationAppointment: BROERS Loïck (director) · Permanent representative: BROERS Loïck · Founder10 points ▸
- Incorporation, 28-06-2023
- Founder, BROERS Loïck (comparant)
- Founding capital, €3,000
- Other provision, “arrêt des statuts, statuts arrêtés comme suit” (deed in French)
- Capital
- Registered office clause, “5032 Gembloux (Corroy-le-Château), rue Ardenelle 83, décisions effectives à dater du dépôt au greffe conformément à la loi” (deed in French)
- Board rule, 1, “assemblée” (deed in French)
- Director appointment, BROERS Loïck (director (not named in the articles))
- Pre-incorporation commitments, “takeover, engagements,obligations et activités entrepris au nom et pour compte de société en formation” (deed in French)
- Permanent representative, BROERS Loïck
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 202522 activities
- L’étude, l’organisation, le conseil, la gestion, la surveillance et l’administration en matières fiscales, commerciales, sociales, comptables et industrielles.
- Le conseil, l'organisation, la coordination, l'intervention dans toutes les matières touchant la vie des entreprises même internationales dans le sens le plus large, relatif notamment à leur gestion, leur marketing et leur développement, les relations que ces entreprises ont avec toutes les autorités nationales et supranationales.
- L'exploitation d'un bureau d'organisation, de conseil et de réalisation de chantiers de construction publics et privés ;
- Tous travaux routiers, de terrassements, de construction, de plantation et d'entretien ainsi que de barrières de sécurité, conduite d'eau, d'égouts, …
- Le conseil en matière de sécurité et prévention de chantier ;
- L’achat, la vente et la location de tous véhicules pouvant se déplacer notamment sur terre, mer ou dans les airs ;
- Le transport de personnes ou d’objets par voie terrestre, maritime/fluviale ou aérienne ;
- L’achat, la vente et la location de matériel et machine de toutes natures, ainsi que l’activité d’intermédiaire commercial ;
- L’organisation de tous évènements, concerts, foires, incentive, team building ou autres manifestations ;
- L’achat et la vente de matériaux ;
- L’organisation et la participation à des courses de bateaux ;
- La représentation commerciale d’autres sociétés ;
- L’étude et la coordination de projets et/ou de chantiers, la consultance, le conseil, l’assistance, la formation dans tous les domaines de la construction ou de la rénovation d'habitations ;
- La prise de participation directe ou indirecte dans toutes sociétés ou entreprises commerciales, industrielles, financières, mobilières et immobilières ;
- L’entreprise générale, la coordination, la réalisation de tous travaux, publics et privés, de construction, de rénovation et de réparation, en qualité d’entrepreneur général ou en sous-traitance, sans exception ni réserve ;
- Achats, ventes, locations, tant aux particuliers qu’aux professionnels, de tous produits et matériaux se rapportant à son activité ou non ;
- Construction et entretien de bâtiments ou éléments préfabriqués ;
- Aménagement et entretien d’espaces verts et plaines de sport ;
- Tous travaux de pose et d’entretien de revêtement hydrocarbonés ;
- La réalisation de note de calcul de stabilité et d’hydraulique ;
- La prise de mesure de terrain ;
- La réalisation d’état des lieux.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBThe scores and ratios are Checked's own calculations, not a credit decision.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92026A0005/00D000 | Wallonia | 813 m² | 1 · 114 m² | - |