LC CONSTRUCT
Annual accounts 2025
micro format, filed on 07-08-2026, 7 days lateTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €530,000. Estimated: probably between €400,000 and €880,000.
Balance sheet
balance sheet total €3.9m on 31-12-2025in €m
in euro
Position in the sector
29.5%
Higher than 51% of 17,199 companies in 2025.
3.69
Higher than 81% of 16,496 companies in 2025.
3.4%
Higher than 59% of 16,875 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
3.9m | 3.9m | 5.0m | 4.6m | 3.6m | 3.1m | 2.5m | 1.8m | 1.1m | 1.1m | 561,386 | 387,124 | 210,478 | 104,762 | 414,651 | 355,630 | 950,484 | 910,709 | 719,972 | 6,202 | |
21/28 |
1.0m | 1.0m | 1.4m | 671,728 | 702,984 | 444,830 | 426,940 | 424,064 | 23,386 | 28,285 | 13,453 | 16,330 | 1,111 | 2,266 | 1,643 | 10,772 | 13,018 | 2,243 | 730 | 956 | |
22/27 |
1.0m | 1.0m | 1.4m | 671,728 | 702,984 | 444,830 | 426,940 | 424,064 | 23,386 | 28,285 | 13,453 | 16,330 | 1,111 | 2,266 | 1,643 | 10,772 | 13,018 | 2,243 | 730 | 956 | |
22 |
991,230 | 1.0m | 1.4m | 632,794 | 652,063 | 382,332 | 394,752 | 407,172 | - | - | - | - | - | - | - | - | - | - | - | - | |
23 |
18,934 | 22,784 | 26,634 | 30,484 | 34,696 | 38,907 | 1,340 | 1,958 | - | - | - | - | - | - | - | 37 | 159 | 282 | 404 | 526 | |
24 |
20 | 1,169 | 2,352 | 8,449 | 16,225 | 23,591 | 30,848 | 14,934 | 23,386 | 28,285 | 13,453 | 16,330 | 1,111 | 2,266 | 1,643 | 10,735 | 12,859 | 1,961 | 326 | 430 | |
29/58 |
2.9m | 2.9m | 3.6m | 4.0m | 2.9m | 2.7m | 2.1m | 1.3m | 1.1m | 1.1m | 547,933 | 370,794 | 209,367 | 102,496 | 413,008 | 344,858 | 937,466 | 908,466 | 719,242 | 5,246 | |
3 |
2.5m | 2.5m | 3.0m | 3.3m | 2.6m | 1.8m | 1.3m | 866,202 | 761,398 | 853,466 | 329,683 | 181,194 | 32,321 | - | - | - | 870,000 | 440,000 | 640,000 | - | |
30/36 |
1.9m | 2.1m | 2.0m | 2.6m | 2.0m | 514,000 | 784,000 | 449,000 | 290,000 | 316,573 | 156,573 | 156,573 | 32,321 | - | - | - | 800,000 | 440,000 | 640,000 | - | |
37 |
587,416 | 449,602 | 1.0m | 701,787 | 533,039 | 1.2m | 538,348 | 417,202 | 471,398 | 536,893 | 173,110 | 24,621 | - | - | - | - | 70,000 | - | - | - | |
40/41 |
446,483 | 334,605 | 359,104 | 516,175 | 251,186 | 450,065 | 348,811 | 274,183 | 185,838 | 204,530 | 174,865 | 170,724 | 157,415 | 77,570 | 273,472 | 5,502 | 41,457 | 453,660 | 35,399 | 4,552 | |
40 |
120,860 | 48,252 | 68,439 | 225,476 | 9,514 | 196,532 | 108,371 | 30,488 | 25,219 | 44,100 | 10,000 | - | - | - | 268,084 | - | 3,909 | 445,000 | 29,200 | - | |
41 |
325,623 | 286,353 | 290,666 | 290,699 | 241,672 | 253,533 | 240,440 | 243,695 | 160,619 | 160,430 | 164,865 | 170,724 | 157,415 | 77,570 | 5,388 | 5,502 | 37,548 | 8,660 | 6,199 | 4,552 | |
54/58 |
13,812 | 5,106 | 235,572 | 120,557 | 70,451 | 481,259 | 434,578 | 197,363 | 131,417 | 31,324 | 42,919 | 18,876 | 19,631 | 24,926 | 139,536 | 339,356 | 26,009 | 14,806 | 43,843 | 694 | |
490/1 |
- | - | - | 3,415 | - | - | - | - | - | - | 466 | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
3.9m | 3.9m | 5.0m | 4.6m | 3.6m | 3.1m | 2.5m | 1.8m | 1.1m | 1.1m | 561,386 | 387,124 | 210,478 | 104,762 | 414,651 | 355,630 | 950,484 | 910,709 | 719,972 | 6,202 | |
10/15 |
1.2m | 1.0m | 1.0m | 869,118 | 683,736 | 365,063 | 311,156 | 267,365 | 260,725 | 252,197 | 146,803 | 112,934 | 98,088 | 53,728 | 88,877 | 82,956 | 111,583 | -174,893 | 16,126 | -502,371 | |
10/11 |
50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | |
100 |
- | - | - | - | - | - | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | |
13 |
998,580 | 866,081 | 842,640 | 712,640 | 527,640 | 209,640 | 159,640 | 119,640 | 113,000 | 105,000 | 55,000 | 55,000 | 55,000 | 55,000 | 55,000 | 55,000 | 55,000 | - | - | - | |
130/1 |
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | - | - | - | |
1311 |
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
993,580 | 861,081 | 837,640 | 707,640 | 522,640 | 204,640 | 154,640 | 114,640 | 108,000 | 100,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | - | - | - | |
14 |
110,056 | 110,056 | 110,056 | 106,477 | 106,096 | 105,423 | 101,516 | 97,725 | 97,725 | 97,197 | 41,803 | 7,934 | -6,912 | -51,272 | -16,123 | -22,044 | 6,583 | -224,893 | -33,874 | -552,371 | |
16 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 24,000 | - | - | - | - | - | |
160/5 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 24,000 | - | - | - | - | - | |
17/49 |
2.8m | 2.9m | 4.0m | 3.8m | 2.9m | 2.8m | 2.2m | 1.5m | 841,314 | 865,408 | 414,583 | 274,190 | 112,390 | 51,034 | 301,774 | 272,674 | 838,901 | 1.1m | 703,846 | 508,573 | |
17 |
2.0m | 2.0m | 2.7m | 2.1m | 1.8m | 1.2m | 480,663 | 503,894 | 307,886 | 312,000 | - | - | - | - | - | - | 200,000 | 200,000 | - | - | |
170/4 |
2.0m | 2.0m | 2.7m | 2.1m | 1.8m | 1.2m | 480,663 | 503,894 | 307,886 | 312,000 | - | - | - | - | - | - | 200,000 | 200,000 | - | - | |
42/48 |
789,950 | 822,918 | 1.3m | 1.6m | 1.1m | 1.6m | 1.7m | 990,553 | 533,428 | 552,418 | 414,583 | 274,190 | 112,390 | 51,034 | 301,774 | 151,029 | 638,901 | 885,602 | 703,846 | 508,573 | |
42 |
71,020 | 69,481 | 128,758 | 73,333 | 72,010 | 23,699 | 23,230 | 22,771 | - | - | - | - | - | - | - | - | - | - | - | - | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 506,000 | 795,394 | 461,720 | 424,031 | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 506,000 | 795,394 | 461,720 | 424,031 | |
44 |
102,846 | 25,529 | 109,482 | 401,466 | 214,457 | 388,616 | 594,635 | 473,024 | 75,617 | 91,820 | 31,109 | 5,677 | 11,027 | 1,082 | 6,665 | 76,544 | 324 | 27,340 | 38,769 | 11,513 | |
440/4 |
102,846 | 25,529 | 109,482 | 401,466 | 214,457 | 388,616 | 594,635 | 473,024 | 75,617 | 91,820 | 31,109 | 5,677 | 11,027 | 1,082 | 6,665 | 76,544 | 324 | 27,340 | 38,769 | 11,513 | |
46 |
- | - | - | - | - | 18,150 | - | 54,450 | 4,525 | - | 36,300 | - | - | - | 189,222 | - | - | - | - | - | |
45 |
91,209 | 104,027 | 192,175 | 367,189 | 196,927 | 71,232 | 191,610 | 32,480 | 95,188 | 140,331 | 15,536 | 41,161 | 35,513 | 3,067 | 32,476 | 48,904 | 460 | 300 | 1,920 | - | |
450/3 |
91,209 | 104,027 | 192,175 | 367,189 | 193,547 | 56,292 | 184,110 | 32,480 | 95,188 | 128,831 | 15,536 | 4,993 | 5,895 | 3,067 | 4,036 | 27,664 | 460 | 300 | 1,920 | - | |
454/9 |
- | - | - | - | 3,380 | 14,940 | 7,500 | - | - | 11,500 | - | 36,168 | 29,618 | - | 28,440 | 21,240 | - | - | - | - | |
47/48 |
524,875 | 623,881 | 876,046 | 797,182 | 658,822 | 1.1m | 931,383 | 407,828 | 358,098 | 320,267 | 331,638 | 227,352 | 65,850 | 46,885 | 73,411 | 25,581 | 132,117 | 62,568 | 201,437 | 73,029 | |
492/3 |
- | - | - | - | - | - | - | - | - | 990 | - | - | - | - | - | 121,645 | - | - | - | - | |
| Income statement | |||||||||||||||||||||
76A |
19,577 | 43,473 | - | 13,000 | - | - | - | - | - | 654 | 3,571 | - | - | 5,329 | 3,054 | - | 150,742 | - | - | - | |
9900 |
302,928 | 227,581 | 337,734 | 348,724 | 560,771 | 134,298 | 97,441 | 54,960 | 50,362 | 305,602 | 54,075 | 42,552 | 76,044 | -60,202 | 30,536 | 27,189 | 9,842 | -578 | 545,498 | -531,392 | |
62 |
- | - | - | - | - | - | - | - | - | - | - | 379 | 20,019 | - | - | - | - | - | - | - | |
630 |
17,419 | 17,454 | 29,832 | 29,247 | 33,325 | 22,399 | 22,396 | 21,190 | 10,252 | 9,322 | 5,568 | 4,462 | 1,155 | 1,495 | 1,026 | 3,352 | 1,537 | 257 | 226 | 176 | |
635/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | -24,000 | 24,000 | - | - | - | - | - | |
640/8 |
5,393 | 31,629 | 6,544 | 3,748 | 2,281 | 2,032 | 3,381 | 4,752 | 3,528 | 5,938 | 2,511 | 785 | 2,151 | 2,479 | 730 | 3,445 | 2,881 | 12,938 | 598 | 368 | |
66A |
- | - | 5,303 | - | - | - | - | 4,300 | 13,000 | 21,569 | - | 16,957 | 4,500 | - | - | - | - | 224 | - | - | |
9901 |
280,115 | 178,498 | 296,055 | 315,730 | 525,165 | 109,867 | 71,664 | 29,018 | 23,582 | 290,342 | 45,996 | 36,926 | 52,719 | -40,176 | 4,780 | 20,392 | 5,424 | -13,773 | 544,674 | -531,936 | |
75/76B |
501 | 0 | 0 | 61 | 166 | 265 | 2,475 | 472 | 679 | 2,680 | 7 | 10 | 184 | 68 | 97 | 70 | 531 | 1,187 | 90 | 21 | |
75 |
501 | 0 | 0 | 61 | 166 | 265 | 2,475 | 472 | 679 | 2,026 | 7 | 10 | 184 | 68 | 97 | 70 | 531 | 1,187 | 90 | 21 | |
76B |
- | - | - | - | - | - | - | - | - | 654 | - | - | - | - | - | - | - | - | - | - | |
65/66B |
81,634 | 142,178 | 95,077 | 37,120 | 46,640 | 32,361 | 13,393 | 22,186 | 11,228 | 27,809 | 2,323 | 437 | 110 | 370 | 67 | 10,714 | 21,216 | 33,209 | 26,267 | 20,456 | |
65 |
81,634 | 142,178 | 95,077 | 37,120 | 46,640 | 32,361 | 13,393 | 17,886 | 11,228 | 6,240 | 2,323 | 437 | 110 | 370 | 67 | 10,714 | 21,216 | 33,209 | 26,267 | 20,456 | |
66B |
- | - | - | - | - | - | - | 4,300 | - | 21,569 | - | - | - | - | - | - | - | - | - | - | |
9903 |
198,982 | 36,320 | 200,978 | 278,671 | 478,691 | 77,771 | 60,746 | 7,304 | 13,033 | 265,213 | 47,251 | 19,542 | 48,293 | -35,149 | 7,864 | 9,748 | 135,481 | -46,019 | 518,497 | -552,371 | |
67/77 |
66,483 | 12,880 | 67,399 | 93,289 | 160,018 | 23,864 | 16,955 | 664 | 4,505 | 59,819 | 13,382 | 4,696 | 3,933 | - | 1,943 | 38,375 | 5 | - | - | - | |
9904 |
132,499 | 23,440 | 133,579 | 185,382 | 318,673 | 53,907 | 43,791 | 6,640 | 8,528 | 205,394 | 33,869 | 14,846 | 44,360 | -35,149 | 5,921 | -28,627 | 135,476 | -46,019 | 518,497 | -552,371 | |
9905 |
132,499 | 23,440 | 133,579 | 185,382 | 318,673 | 53,907 | 43,791 | 6,640 | 8,528 | 205,394 | 33,869 | 14,846 | 44,360 | -35,149 | 5,921 | -28,627 | 135,476 | -46,019 | 518,497 | -552,371 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
242,555 | 133,497 | 240,056 | 291,477 | 424,096 | 155,423 | 141,516 | 104,365 | 105,725 | 247,197 | 41,803 | 7,934 | -6,912 | -51,272 | -16,123 | -22,044 | 61,583 | -224,893 | -33,874 | -552,371 | |
14P |
110,056 | 110,056 | 106,477 | 106,096 | 105,423 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
132,499 | 23,440 | 130,000 | 185,000 | 318,000 | 50,000 | 40,000 | 6,640 | 8,000 | 50,000 | - | - | - | - | - | - | 55,000 | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,000 | - | - | - | |
6921 |
132,499 | 23,440 | 130,000 | 185,000 | 318,000 | 50,000 | 40,000 | 6,640 | 8,000 | 50,000 | - | - | - | - | - | - | 50,000 | - | - | - | |
694/7 |
- | - | - | - | - | - | - | - | - | 100,000 | - | - | - | - | - | - | - | - | - | - | |
695 |
- | - | - | - | - | - | - | - | - | 100,000 | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 07-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 7 days after the deadline. Filed on 7 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00386604.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 07-08-2026 | 2026-00386604 | |
| 31-12-2024 | micro format | 28-07-2025 | 2025-00316804 | |
| 31-12-2023 | micro format | 30-07-2024 | 2024-00304085 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00379376 | |
| 31-12-2021 | micro format | 27-09-2022 | 2022-20436566 | |
| 31-12-2020 | abbreviated format | 29-07-2021 | 2021-43100578 | |
| 31-12-2019 | abbreviated format | 31-07-2020 | 2020-36700212 | |
| 31-12-2018 | abbreviated format | 18-06-2019 | 2019-19600583 | |
| 31-12-2017 | abbreviated format | 27-07-2018 | 2018-39000115 | |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-52700404 | |
| 31-12-2015 | abbreviated format | 08-08-2016 | 2016-41000053 | |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-54500246 | |
| 31-12-2013 | abbreviated format | 22-08-2014 | 2014-44500194 | |
| 31-12-2012 | abbreviated format | 31-07-2013 | 2013-36900452 | |
| 31-12-2011 | abbreviated format | 25-07-2012 | 2012-33000167 | |
| 31-12-2010 | abbreviated format | 30-07-2011 | 2011-35400564 | |
| 31-12-2009 | abbreviated format | 14-07-2010 | 2010-31100082 | |
| 31-12-2008 | abbreviated format | 16-05-2009 | 2009-15500040 | |
| 31-12-2007 | abbreviated format | 09-06-2008 | 2008-20600275 | |
| 31-12-2006 | abbreviated format | 19-06-2007 | 2007-25300315 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 297,535 | 195,952 | 325,887 | 344,976 | 558,490 | 132,266 | 94,060 | 50,208 | 33,834 | 299,664 | 51,564 | 41,388 | 53,874 | -38,681 | 5,806 | 23,744 | 6,961 | -13,516 | 544,900 | -531,760 | ||
| 149,918 | 40,894 | 163,411 | 214,628 | 351,997 | 76,306 | 66,187 | 27,830 | 18,780 | 214,716 | 39,437 | 19,308 | 45,515 | -33,654 | 6,947 | -25,275 | 137,013 | -45,762 | 518,723 | -552,195 | ||
| 0 | -371,535 | 761,000 | 991 | 291,479 | 40,289 | 25,272 | 436,668 | 5,353 | 25,500 | 2,691 | 19,712 | 0 | 2,118 | -8,103 | 1,106 | 12,312 | 1,770 | 0 | 1,132 | ||
| 8,706 | -230,467 | 115,015 | 50,107 | -410,808 | 46,681 | 237,215 | 65,946 | 100,093 | -11,595 | 24,043 | -755 | -5,295 | -114,610 | -199,820 | 313,347 | 11,203 | -29,037 | 43,149 | - | ||
| 2.1m | 2.0m | 2.3m | 2.3m | 1.8m | 1.1m | 364,879 | 347,195 | 545,225 | 536,902 | 133,350 | 96,604 | 96,977 | 51,462 | 111,234 | 193,829 | 298,565 | 22,864 | 15,396 | -503,327 | ||
| 29.5% | 26.3% | 19.9% | 18.8% | 19.0% | 11.7% | 12.3% | 15.2% | 23.7% | 22.6% | 26.2% | 29.2% | 46.6% | 51.3% | 21.4% | 23.3% | 11.7% | -19.2% | 2.2% | - | ||
| 3.69 | 3.48 | 2.76 | 2.42 | 2.54 | 1.71 | 1.21 | 1.35 | 2.02 | 1.97 | 1.32 | 1.35 | 1.86 | 2.01 | 1.37 | 2.28 | 1.47 | 1.03 | 1.02 | 0.01 | ||
| 0.58 | 0.41 | 0.46 | 0.39 | 0.28 | 0.59 | 0.45 | 0.48 | 0.59 | 0.43 | 0.53 | 0.69 | 1.58 | 2.01 | 1.37 | 2.28 | 0.11 | 0.53 | 0.11 | 0.01 | ||
| 2.39 | 2.80 | 4.01 | 4.33 | 4.27 | 7.57 | 7.14 | 5.59 | 3.23 | 3.43 | 2.82 | 2.43 | 1.15 | 0.95 | 3.40 | 3.29 | 7.52 | - | 43.65 | - | ||
| 11.4% | 2.3% | 13.3% | 21.3% | 46.6% | 14.8% | 14.1% | 2.5% | 3.3% | 81.4% | 23.1% | 13.1% | 45.2% | -65.4% | 6.7% | -34.5% | 121.4% | - | - | - | ||
| 3.4% | 0.6% | 2.7% | 4.0% | 8.8% | 1.7% | 1.7% | 0.4% | 0.8% | 18.4% | 6.0% | 3.8% | 21.1% | -33.6% | 1.4% | -8.0% | 14.3% | -5.1% | 72.0% | - | ||
| 3.64 | 1.38 | 3.43 | 9.29 | 11.97 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €761,000 | €991 | €291,479 |
| €17,419 | €17,454 | €29,832 | €29,247 | €33,325 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on LC CONSTRUCT
The operating result for 2025 is 57% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 73.7% to 70.5%. Equity is higher and debt is lower.
- 2021 Net result +491% on 2020. The accounts now follow the micro format, last year the abbreviated format.