LC & DV
ActiveSummary
LC & DV has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €82k and a net result of €-23k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability28▼-34
Solvency34▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity tight (current ratio 1.03 against 0.9 in 2024; short-term debt: 70.3% and cash: 0.4% of total assets), and 91.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 7838 sector peers (2025).
NBB · sector comparisonPosition among 7838 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
73 d early
2023
28 d late
2022
39 d early
2021
22 d late
2020
180 d early
2019
141 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€82k▼ 22.3%
2024 · €105k
2018: €-27klowest in 8 years
2019: €37k▲ +237% vs 2018
2020: €157k▲ +326% vs 2019
2021: €179k▲ +13.7% vs 2020highest in 8 years
2022: €178k▼ -0.5% vs 2021
2023: €104k▼ -41.6% vs 2022
2024: €105k▲ +1.1% vs 2023
2025: €82k▼ -22.3% vs 2024
2018 → 2025
Total assets
€950k▲ 8.7%
2024 · €874k
2018: €369k
2019: €355k▼ -3.8% vs 2018lowest in 8 years
2020: €659k▲ +85.4% vs 2019
2021: €598k▼ -9.2% vs 2020
2022: €723k▲ +20.8% vs 2021
2023: €711k▼ -1.6% vs 2022
2024: €874k▲ +22.9% vs 2023
2025: €950k▲ +8.7% vs 2024highest in 8 years
2018 → 2025
Net result
€-23k
2024 · €49k
2018: €-49k
2019: €64k▲ +232% vs 2018
2020: €370k▲ +479% vs 2019highest in 8 years
2021: €52k▼ -86.1% vs 2020
2022: €99k▲ +92.1% vs 2021
2023: €-74k▼ -175% vs 2022lowest in 8 years
2024: €49k▲ +167% vs 2023
2025: €-23k▼ -148% vs 2024
2018 → 2025
Working capital
€18k
2024 · €-64k
2018: €116k
2019: €213k▲ +84.0% vs 2018highest in 8 years
2020: €40k▼ -81.4% vs 2019
2021: €68k▲ +70.5% vs 2020
2022: €93k▲ +37.1% vs 2021
2023: €137k▲ +47.3% vs 2022
2024: €-64k▼ -147% vs 2023lowest in 8 years
2025: €18k▲ +128% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€179k-€178k▼ 0.5%€104k▼ 41.6%€105k▲ 1.1%€82k▼ 22.3%
2021: €179khighest in 5 years
2022: €178k▼ -0.5% vs 2021
2023: €104k▼ -41.6% vs 2022
2024: €105k▲ +1.1% vs 2023
2025: €82k▼ -22.3% vs 2024lowest in 5 years
Operating result€66k-€110k▲ 67.7%€-47k€87k€38k▼ 56.2%
2021: €66k
2022: €110k▲ +67.7% vs 2021highest in 5 years
2023: €-47k▼ -143% vs 2022lowest in 5 years
2024: €87k▲ +285% vs 2023
2025: €38k▼ -56.2% vs 2024
Net result€52k-€99k▲ 92.1%€-74k€49k€-23k
2021: €52k
2022: €99k▲ +92.1% vs 2021highest in 5 years
2023: €-74k▼ -175% vs 2022lowest in 5 years
2024: €49k▲ +167% vs 2023
2025: €-23k▼ -148% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 56% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €950k
Fixed assets
€264k ▼ 3.3%
Current assets
€686k ▲ 14.2%
Equity and liabilities €950k
Equity
€82k ▼ 22.3%
Debt
€868k ▲ 13.0%
Debt's share of the balance-sheet total rises from 88.0% to 91.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€64k▼
2024 · €149k
Cash flow
€2k▼
2024 · €111k
Current ratio
1.03▲
2024 · 0.90
Quick ratio
0.40▲
2024 · 0.36
Debt to equity
10.65▲
2024 · 7.32
ROE
-28.8%▼
2024 · 46.8%
ROA
-2.5%▼
2024 · 5.6%
Interest coverage
1.49▼
2024 · 4.37
Debt ≤ 1 year
€667k▲
2024 · €664k
Debt > 1 year
€201k▲
2024 · €104k
Income taxes
€19k▲
2024 · €4k
Staff costs
€472k▲
2024 · €434k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€874k€950k▲
Fixed assets21/28€274k€264k▼
Tangible fixed assets22/27€273k€264k▼
Land and buildings22€20k€18k▼
Plant, machinery and equipment23€124k€160k▲
Furniture and vehicles24€38k€49k▲
Leasing and similar rights25€91k€37k▼
Financial fixed assets28€340€340=
Current assets29/58€600k€686k▲
Stocks and contracts in progress3€361k€421k▲
Stocks30/36€361k€421k▲
Amounts receivable within one year40/41€240k€244k▲
Trade receivables40€82k€71k▼
Other amounts receivable41€158k€173k▲
Cash at bank and in hand54/58-€4k
Deferred charges and accrued income490/1-€17k
Equity and liabilities
Total equity and liabilities10/49€874k€950k▲
Equity10/15€105k€82k▼
Contributions10/11€20k€20k=
Reserves13€15k€15k=
Distributable reserves133€15k€15k=
Profit (loss) carried forward14€70k€47k▼
Amounts payable17/49€769k€868k▲
Amounts payable after more than one year17€104k€201k▲
Financial debts170/4€104k€201k▲
Amounts payable within one year42/48€664k€667k▲
Current portion of amounts payable after more than one year42€57k€11k▼
Financial debts43€218k€294k▲
Credit institutions430/8€218k€294k▲
Trade debts44€114k€213k▲
Suppliers440/4€114k€213k▲
Taxes, remuneration and social security45€69k€36k▼
Taxes450/3€41k€252▼
Remuneration and social security454/9€28k€36k▲
Other amounts payable47/48€206k€113k▼
Income statement
Code20242025
Remuneration, social security and pensions62€434k€472k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€26k▼
Other operating charges640/8€656€32k▲
Gross operating margin9900€584k€568k▼
Operating profit (loss)9901€87k€38k▼
Financial income75/76B€174€17▼
Recurring financial income75€174€17▼
Financial charges65/66B€34k€43k▲
Recurring financial charges65€34k€43k▲
Profit (loss) for the period before taxes9903€53k€-4k▼
Income taxes67/77€4k€19k▲
Profit (loss) for the period9904€49k€-23k▼
Profit (loss) for the period to be appropriated9905€49k€-23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€116k€47k▼
Profit (loss) brought forward from the previous period14P€67k€70k▲
Transfer from equity791/2€2k-
Profit to be distributed694/7€48k-
Directors or managers695€48k-
Social balance
Average headcount (FTE)90878.38.9▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €589 | - | - | - | - |
| Remuneration, social security and pensions62 | €305k | €338k | €336k | €434k | €472k | ▲ 8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €68k | €68k | €61k | €62k | €26k | ▼ 58.5% |
| Other operating charges640/8 | €2k | €3k | €3k | €656 | €32k | ▲ 4,812% |
| Gross operating margin9900 | €440k | €520k | €353k | €584k | €568k | ▼ 2.7% |
| Operating profit (loss)9901 | €66k | €110k | €-47k | €87k | €38k | ▼ 56.2% |
| Financial income75/76B | €2k | €680 | €78 | €174 | €17 | ▼ 90.5% |
| Recurring financial income75 | €2k | €680 | €78 | €174 | €17 | ▼ 90.5% |
| Financial charges65/66B | €16k | €8k | €28k | €34k | €43k | ▲ 25.5% |
| Recurring financial charges65 | €15k | €8k | €28k | €34k | €43k | ▲ 25.5% |
| Non-recurring financial charges66B | €697 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €52k | €103k | €-75k | €53k | €-4k | ▼ 108% |
| Transfer from deferred taxes780 | €750 | €750 | €2k | - | - | - |
| Income taxes67/77 | €1k | €5k | €452 | €4k | €19k | ▲ 351% |
| Profit (loss) for the period9904 | €52k | €99k | €-74k | €49k | €-23k | ▼ 148% |
| Transfer from tax-exempt reserves789 | €2k | €2k | €85k | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €54k | €101k | €11k | €49k | €-23k | ▼ 148% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €598k | €723k | €711k | €874k | €950k | ▲ 8.7% |
| Fixed assets21/28 | €242k | €196k | €220k | €274k | €264k | ▼ 3.3% |
| Tangible fixed assets22/27 | €242k | €196k | €220k | €273k | €264k | ▼ 3.3% |
| Land and buildings22 | €16k | €13k | €16k | €20k | €18k | ▼ 8.0% |
| Plant, machinery and equipment23 | €76k | €58k | €120k | €124k | €160k | ▲ 28.7% |
| Furniture and vehicles24 | €103k | €75k | €48k | €38k | €49k | ▲ 28.0% |
| Leasing and similar rights25 | €46k | €51k | €35k | €91k | €37k | ▼ 59.2% |
| Financial fixed assets28 | €180 | €240 | €340 | €340 | €340 | = |
| Current assets29/58 | €357k | €526k | €491k | €600k | €686k | ▲ 14.2% |
| Amounts receivable after more than one year29 | - | €20k | - | - | - | - |
| Other amounts receivable291 | - | €20k | - | - | - | - |
| Stocks and contracts in progress3 | €208k | €333k | €386k | €361k | €421k | ▲ 16.8% |
| Stocks30/36 | €208k | €333k | €386k | €361k | €421k | ▲ 16.8% |
| Amounts receivable within one year40/41 | €147k | €157k | €95k | €240k | €244k | ▲ 1.7% |
| Trade receivables40 | €142k | €84k | €54k | €82k | €71k | ▼ 13.5% |
| Other amounts receivable41 | €5k | €72k | €40k | €158k | €173k | ▲ 9.6% |
| Cash at bank and in hand54/58 | €810 | €13k | €5k | - | €4k | - |
| Deferred charges and accrued income490/1 | €904 | €4k | €4k | - | €17k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €598k | €723k | €711k | €874k | €950k | ▲ 8.7% |
| Equity10/15 | €179k | €178k | €104k | €105k | €82k | ▼ 22.3% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Reserves13 | €104k | €101k | €17k | €15k | €15k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | - | - | - |
| Tax-exempt reserves132 | €87k | €85k | - | - | - | - |
| Distributable reserves133 | €15k | €15k | €15k | €15k | €15k | = |
| Profit (loss) carried forward14 | €55k | €56k | €67k | €70k | €47k | ▼ 33.4% |
| Provisions and deferred taxes16 | €2k | €2k | - | - | - | - |
| Deferred taxes168 | €2k | €2k | - | - | - | - |
| Amounts payable17/49 | €418k | €544k | €607k | €769k | €868k | ▲ 13.0% |
| Amounts payable after more than one year17 | €129k | €110k | €254k | €104k | €201k | ▲ 92.9% |
| Financial debts170/4 | €89k | €71k | €214k | €104k | €201k | ▲ 92.9% |
| Other amounts payable178/9 | €40k | €40k | €40k | - | - | - |
| Amounts payable within one year42/48 | €289k | €433k | €353k | €664k | €667k | ▲ 0.4% |
| Current portion of amounts payable after more than one year42 | €52k | €35k | €44k | €57k | €11k | ▼ 81.3% |
| Financial debts43 | €56k | €75k | €75k | €218k | €294k | ▲ 34.9% |
| Credit institutions430/8 | €56k | €75k | €75k | €218k | €294k | ▲ 34.9% |
| Trade debts44 | €110k | €125k | €119k | €114k | €213k | ▲ 87.2% |
| Suppliers440/4 | €110k | €125k | €119k | €114k | €213k | ▲ 87.2% |
| Taxes, remuneration and social security45 | €47k | €70k | €28k | €69k | €36k | ▼ 47.1% |
| Taxes450/3 | €22k | €60k | €3k | €41k | €252 | ▼ 99.4% |
| Remuneration and social security454/9 | €24k | €10k | €26k | €28k | €36k | ▲ 29.9% |
| Other amounts payable47/48 | €24k | €129k | €87k | €206k | €113k | ▼ 45.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €52k | €99k | €-74k | €49k | €-23k | ▼ 148% |
| + Depreciation and write-downs630 | €68k | €68k | €61k | €62k | €26k | ▼ 58.5% |
| Operating cash flow (approximation) | €120k | €167k | €-13k | €111k | €2k | ▼ 98.1% |
| Investment in fixed assets (approximation) | - | €-22k | €-85k | €-115k | €-16k | ▲ 85.7% |
| Change in cash | - | €12k | €-8k | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €49k
Net result €49k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €-74k
Net result drops to €-74k, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 22 days late
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €370k ▲479%
Operating result €379k, net result €370k, both a record.
31-12
Financial
Equity above €150kEq €157k ▲326%
2 profitable years in a row build equity to €157k.
12-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €64k
Net result €64k after one loss-making year.
Show earlier events
31-12
Financial
Liquidity triplescurrent ratio 5.03
Current ratio from 1.81 to 5.03; short-term debt falls from €143k to €53k.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Sint-Pieters-Leeuw · 2 establishment units since 2017
Ground area
9,911 m²
Building footprint
1,716 m²
Volume, LiDAR
7,584 m³
2 parcels, Flanders, Wallonia · tallest building 11.7 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
2 establishment units
LC&DV
since 20172.265.696.405
LC&DV
since 20212.320.490.220
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23583H0182/00B000 | Flanders | 6,707 m² | 1 · 1,535 m² | 11.7 m |
| 25007A0001/00R000 | Wallonia | 3,204 m² | 1 · 181 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 456 EUR awarded · 507 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 198 EUR | 507 EUR |
| 2023 | 1 | 258 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
3 endedMedewerker groen- en tuinaanleg (so)
Medewerker groen- en tuinaanleg (vwo)
Medewerker groen- en tuinaanleg duaal (so)
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,414. 6,228 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-01-2009
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
81300Landscape service activities
41003General construction of other non-residential buildings
47522Retail trade
47551Retail sale of household furniture
Scores and ratios are computed by Checked and are not a credit decision.