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LBV PARTNERS

Active
Public limited companyfounded 1988active for 37 yearsChaussée de Lille(TOU) 327, 7500 Tournai, BelgiumKBO/BCE: BE 0436.219.391
Summary

The computed 12-month bankruptcy probability of LBV PARTNERS is 7.1% (elevated). The 2025 annual accounts show negative equity (-€307,469) and a net result of -€112,173. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 5% of 830 sector peers (NACE 25, financial year 2025). The company has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 16-12-1988 Normal situation
Registered office
90 active companies are registered at this address 6 started in the 12 months before. Source: KBO register, as of 4 November 2026.
Activity
Manufacture of metal structures and parts of structures NACE 25110
Establishment unit
2.041.363.911 7740 Pecq, since 28-12-1988
Financial year end
31 December
Peppol
Reachable since 12-01-2026

Board and ownership

Board

Financial position

32 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
7.1%
Annual accounts 2025
Gross margin
-€11,571
▲ 92.8%
Loss
€112,173
▼ 85.2%
Equity
-€307,469
▼ 57.4%
Total assets
€283,811
▼ 52.4%
Staff
≈ 0.5 FTE
estimated
  • Negative equity on 31-12-2025
  • 2025 accounts filed 25 days after the deadline
Score breakdownraises risk2 changes of registered office in 24 monthsNegative equity -€307,469Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskSize: total assets €283,811Show the evidence

Checked score

Score 2025
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 15% of micro companies in fabricated metal products (NACE 25)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -108.3% of total assets
Liquidity 51-11
short-term debt 14.4% · cash 3.3%
Profitability 0=
return on assets -39.5%
Bankruptcy probability within 12 months
7.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,708 companies, NACE 25, micro)
Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024lowest value 02-2025: 1.1%▲ +0.5 percentage points vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.3%▲ +0.2 percentage points vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 1.7%▲ +0.4 percentage points vs 07-2025 09-2025: 3.2%▲ +1.5 percentage points vs 08-2025 10-2025: 3.2%● unchanged vs 09-2025 11-2025: 3.2%● unchanged vs 10-2025 12-2025: 3.2%● unchanged vs 11-2025 01-2026: 3.2%● unchanged vs 12-2025 02-2026: 3.2%● unchanged vs 01-2026 03-2026: 3.2%● unchanged vs 02-2026 04-2026: 3.2%● unchanged vs 03-2026 05-2026: 3.4%▲ +0.2 percentage points vs 04-2026 06-2026: 3.3%▼ -0.1 percentage points vs 05-2026 07-2026: 3.5%▲ +0.2 percentage points vs 06-2026 08-2026: 4.0%▲ +0.5 percentage points vs 07-2026 09-2026: 3.2%▼ -0.8 percentage points vs 08-2026 10-2026: 7.1%▲ +3.9 percentage points vs 09-2026highest value 11-2026: 7.1%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is ample, with a current ratio of 4.96 (2.37 in 2024), above the usual 1.5. Short-term debt is 14.4% and cash 3.3% of total assets. However, equity is negative.
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 25, micro). It does better than 3% of them on solvency, 47% on liquidity, 4% on profitability and 7% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity -€307,469
NBB · annual accounts
lowers risk · Size: total assets €283,811
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€307,469
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
25 days late
2024
28 days late
2023
30 days early
2022
31 days late
2021
5 days late
2020
13 days late
2019
24 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 7 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€307,469 View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€112,173 View
  • Caution: Lower solvency than 95% of companies in fabricated metal productssector median 45.4% · 830 companies -108.3% View
  • Positive: Result rose in 2025from -€759,361 to -€112,173 ▲ 85.2% View

Recent changes

  1. · Gazette deed Registered office moved from Estaimpuis to TournaiNew seat: Chaussée de Lille(TOU) 327 boîte 0.4, 7500 Tournai · Previous seat: Rue du Château d'Eau(SL)2, 7730 Estaimpuis
  2. · Gazette deed Company renamed from VERSCHUERE TECHNOLOGY to LBV PARTNERSRegistered office moved from Pecq to Saint-Léger · New seat: 7730 Saint-Léger, rue du Château d’Eau 2 · Previous seat: 7740 Pecq, rue des Tilleuls 37
  3. · Gazette deed Reappointment: Jonckheere Bernadette (managing director)
All 18 events

Comparable companies

These companies have the same main activity as LBV PARTNERS: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €180,000 and €442,000, founded between 1980 and 1991.

CompanyTotal assetsGross margin
LBV PARTNERS Tournai€283,811-€11,571
SOGETRA Tongeren-Borgloon€205,938€5
MOKER Boom€411,792€774
PETERS ALKU - BAU Bütgenbach€425,265-€18,658
LIEBAERT STAALBOUW Houthalen-Helchteren€441,795-€5,488
VANHOVE Diksmuide€179,902-€27,369
TRUIENSE MONTAGEWERKEN Sint-Truiden€191,195-€14,882
Full comparison

Key facts about LBV PARTNERS

What is the company number of LBV PARTNERS?
The company number of LBV PARTNERS is 0436.219.391. The VAT number is the same number with BE in front: BE 0436.219.391.
Where is LBV PARTNERS based?
The registered office is at Chaussée de Lille(TOU) 327, 7500 Tournai.Company details
What does LBV PARTNERS do?
According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of LBV PARTNERS?
The legal form of LBV PARTNERS is Public limited company (NV).
When was LBV PARTNERS founded?
LBV PARTNERS was founded on 16-12-1988.
Is LBV PARTNERS still active?
Yes, LBV PARTNERS is an active enterprise in the KBO register.
How many employees does LBV PARTNERS have?
LBV PARTNERS had an average of 11.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of LBV PARTNERS?
The annual accounts for financial year 2025 state no turnover.
Is LBV PARTNERS profitable?
In financial year 2025, LBV PARTNERS made a loss of €112,173.
Where can I find the annual accounts of LBV PARTNERS?
LBV PARTNERS filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LBV PARTNERS due?
LBV PARTNERS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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