LC-DECOR

Active

Private limited companyfounded 20224 yrs activeMeerbeekstraat 128, 9660 Brakel, BelgiumKBO/BCE: BE 0781.885.722

The computed 12-month bankruptcy probability of LC-DECOR is 2.7% (moderate). The 2024 annual accounts show equity of €46k and a net result of €10k. Equity is growing by ~28.3% per year across the filed fiscal years. Its solvency ranks better than 21% of 36373 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

49 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability74▼-6

Solvency45▼-12

Growth52=

Track record94

Bankruptcy probability, 12 months

2.7% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days only on tighter terms

Liquidity tight (current ratio 1.44 against 1.07 in 2023; short-term debt: 60.6% and cash: 16.6% of total assets), and 80.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

19.6%

Return on assets

4.2%

Age of the figures

21 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 36373 sector peers (2024).

NBB · sector comparison

Position among 36373 sector peers

Solvency

better than 21%

← weakest strongest →

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-11-2025, 112 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

112 d late

2023

29 d late

2022

31 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€46k▲ 27.1%

2023 · €36k

2022: €25k 2023: €36k

2022 → 2024

Total assets

€233k▲ 105%

2023 · €114k

2022: €75k 2023: €114k

2022 → 2024

Net result

€10k▼ 8.1%

2023 · €11k

2022: €23k 2023: €11k

2022 → 2024

Working capital

€61k▲ 1,336%

2023 · €4k

2022: €8k 2023: €4k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€25k-€36k▲ 41.9%€46k▲ 27.1%

Operating result€32k-€17k▼ 46.8%€18k▲ 3.0%

Net result€23k-€11k▼ 54.5%€10k▼ 8.1%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 3% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €233k

13.1%

86.9%

Fixed assets €30k▼ 39.9%

Current assets €203k▲ 222%

Equity and liabilities €233k

19.6%

80.4%

Equity €46k▲ 27.1%

Debt €187k▲ 142%

The debt ratio rises from 68.3% to 80.4%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€37k▲

2023 · €28k

Cash flow

€29k▲

2023 · €21k

Solvency

19.6%▼

2023 · 31.7%

Current ratio

1.44▲

2023 · 1.07

Quick ratio

1.01▼

2023 · 1.07

Debt / equity

4.09▲

2023 · 2.15

ROE

21.3%▼

2023 · 29.5%

ROA

4.2%▼

2023 · 9.4%

Interest coverage

9.48▼

2023 · 15.85

Debt

€187k▲

2023 · €78k

Debt ≤ 1 year

€141k▲

2023 · €59k

Debt > 1 year

€46k▲

2023 · €19k

Income taxes

€4k▼

2023 · €5k

Staff costs

€179k▲

2023 · €101k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€114k€233k▲

Fixed assets21/28€51k€30k▼

Tangible fixed assets22/27€51k€30k▼

Land and buildings22-€6k

Plant, machinery and equipment23€7k€17k▲

Furniture and vehicles24€44k€7k▼

Current assets29/58€63k€203k▲

Stocks and contracts in progress3-€60k

Contracts in progress37-€60k

Amounts receivable within one year40/41€37k€104k▲

Trade receivables40€25k€63k▲

Other amounts receivable41€12k€41k▲

Cash at bank and in hand54/58€21k€39k▲

Deferred charges and accrued income490/1€4k€139▼

Equity and liabilities

Total equity and liabilities10/49€114k€233k▲

Equity10/15€36k€46k▲

Contributions10/11€2k€2k=

Outside capital11€2k€2k=

Other1109/19€2k€2k=

Profit (loss) carried forward14€34k€44k▲

Amounts payable17/49€78k€187k▲

Amounts payable after more than one year17€19k€46k▲

Financial debts170/4€19k€46k▲

Amounts payable within one year42/48€59k€141k▲

Current portion of amounts payable after more than one year42€11k€7k▼

Trade debts44€28k€100k▲

Suppliers440/4€28k€100k▲

Advances received on contracts in progress46€1k€4k▲

Taxes, remuneration and social security45€10k€10k▲

Taxes450/3€5k€4k▼

Remuneration and social security454/9€5k€6k▲

Other amounts payable47/48€9k€20k▲

Income statement Code20232024

Remuneration, social security and pensions62€101k€179k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€19k▲

Other operating charges640/8€5k€14k▲

Gross operating margin9900€134k€231k▲

Operating profit (loss)9901€17k€18k▲

Financial income75/76B€29€126▲

Recurring financial income75€29€126▲

Financial charges65/66B€2k€4k▲

Recurring financial charges65€2k€4k▲

Profit (loss) for the period before taxes9903€15k€14k▼

Income taxes67/77€5k€4k▼

Profit (loss) for the period9904€11k€10k▼

Profit (loss) for the period to be appropriated9905€11k€10k▼

Appropriation of the result

Profit (loss) to be appropriated9906€34k€44k▲

Profit (loss) brought forward from the previous period14P€23k€34k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 4Financial 1Filings 3

2025

20-11

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 112 days late

2024

31-12

Financial Weakest financial yearnet €10k ▼8.1%

Net result drops to €10k, the lowest in the series.

29-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 29 days late

2023

31-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 31 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Brakel · 1 establishment unit since 2022

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Meerbeekstraat 1289660 Brakel

Ground area

1,081 m²

Building footprint

885 m²

Volume, LiDAR

3,921 m³

Parcel 45028A0279/00R000, Flanders · tallest building 10.1 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

LC-DECOR

Meerbeekstraat 128, 9660 BrakelCivil engineering

since 20222.328.875.770

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
45028A0279/00R000	Flanders	1,081 m²	1 · 885 m²	10.1 m · 1 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

LAUCEAN SERVICES

BE 0795.293.595

Sint-Agatha-Berchem · Eq €46k

Of 7,294 companies in sector 43350 we hold annual accounts for 2,361. 1,992 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded11-02-2022

Fiscal year end31-12

Activities, NACEBEL

43350Other building finishing work

43990Other specialised construction activities

43999Specialised construction activities

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.