LCDM CONSTRUCT
ActiveSummary
LCDM CONSTRUCT has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €27k and a net result of €-18k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 9982 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability18▼-36
Solvency34▼-11
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.88 against 1.25 in 2023; short-term debt: 81.5% and cash: 11% of total assets), and 90.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% 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 · 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 2024Solvency, return and age of the figures
Solvency
9.2%
Return on assets
-6.1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 9982 sector peers (2024).
NBB · sector comparisonPosition among 9982 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
29 d late
2022
122 d late
2021
31 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€27k▼ 39.7%
2023 · €45k
2018: €-20k
2019: €-21k▼ -5.3% vs 2018
2020: €-17k▲ +17.2% vs 2019
2021: €-22k▼ -28.7% vs 2020lowest in 7 years
2022: €30k▲ +238% vs 2021
2023: €45k▲ +48.3% vs 2022highest in 7 years
2024: €27k▼ -39.7% vs 2023
2018 → 2024
Total assets
€295k▲ 29.8%
2023 · €227k
2018: €9lowest value
2020: €10k
2021: €99k▲ +890% vs 2020
2022: €349k▲ +253% vs 2021highest value
2023: €227k▼ -34.8% vs 2022
2024: €295k▲ +29.8% vs 2023
2018 → 2024
Net result
€-18k
2023 · €15k
2018: €-597
2019: €-1k▼ -75.9% vs 2018
2020: €4k▲ +440% vs 2019
2021: €-5k▼ -238% vs 2020
2022: €53k▲ +1166% vs 2021highest in 7 years
2023: €15k▼ -72.0% vs 2022
2024: €-18k▼ -222% vs 2023lowest in 7 years
2018 → 2024
Working capital
€-30k
2023 · €45k
2018: €-20k
2020: €-17k
2021: €-22k▼ -28.7% vs 2020
2022: €30k▲ +238% vs 2021
2023: €45k▲ +48.3% vs 2022highest value
2024: €-30k▼ -165% vs 2023lowest value
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-17k-€-22k▼ 28.7%€30k€45k▲ 48.3%€27k▼ 39.7%
2020: €-17k
2021: €-22k▼ -28.7% vs 2020lowest in 5 years
2022: €30k▲ +238% vs 2021
2023: €45k▲ +48.3% vs 2022highest in 5 years
2024: €27k▼ -39.7% vs 2023
Operating result€4k-€-5k€67k€22k▼ 67.6%€-11k
2020: €4k
2021: €-5k▼ -233% vs 2020
2022: €67k▲ +1486% vs 2021highest in 5 years
2023: €22k▼ -67.6% vs 2022
2024: €-11k▼ -150% vs 2023lowest in 5 years
Net result€4k-€-5k€53k€15k▼ 72.0%€-18k
2020: €4k
2021: €-5k▼ -238% vs 2020
2022: €53k▲ +1166% vs 2021highest in 5 years
2023: €15k▼ -72.0% vs 2022
2024: €-18k▼ -222% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €11k after €22k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €295k
Fixed assets
€84k
Current assets
€211k
Equity and liabilities €295k
Equity
€27k ▼ 39.7%
Debt
€268k ▲ 47.0%
Debt's share of the balance-sheet total rises from 80.1% to 90.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€5k
Cash flow
€-2k
Current ratio
0.88▼
2023 · 1.25
Debt to equity
9.84▲
2023 · 4.04
ROE
-65.8%▼
2023 · 32.6%
ROA
-6.1%▼
2023 · 6.5%
Interest coverage
0.84
Debt ≤ 1 year
€241k▲
2023 · €182k
Debt > 1 year
€27k
Income taxes
€732▼
2023 · €6k
Staff costs
€62k
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 · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€227k€295k▲
Fixed assets21/28-€84k
Tangible fixed assets22/27-€80k
Plant, machinery and equipment23-€10k
Furniture and vehicles24-€28k
Leasing and similar rights25-€41k
Financial fixed assets28-€4k
Current assets29/58€227k€211k▼
Amounts receivable within one year40/41€218k€172k▼
Trade receivables40€217k€155k▼
Other amounts receivable41€1k€17k▲
Cash at bank and in hand54/58€8k€32k▲
Deferred charges and accrued income490/1€1k€7k▲
Equity and liabilities
Total equity and liabilities10/49€227k€295k▲
Equity10/15€45k€27k▼
Contributions10/11€31k€31k=
Profit (loss) carried forward14€14k€-4k▼
Amounts payable17/49€182k€268k▲
Amounts payable after more than one year17-€27k
Financial debts170/4-€27k
Amounts payable within one year42/48€182k€241k▲
Current portion of amounts payable after more than one year42-€8k
Trade debts44€84k€135k▲
Suppliers440/4€84k€135k▲
Taxes, remuneration and social security45€20k€21k▲
Taxes450/3€18k€9k▼
Remuneration and social security454/9€2k€12k▲
Other amounts payable47/48€78k€76k▼
Income statement
Code20232024
Non-recurring operating income76A€6€3▼
Remuneration, social security and pensions62-€62k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€16k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€175k
Other operating charges640/8€731€8k▲
Gross operating margin9900€22k€251k▲
Operating profit (loss)9901€22k€-11k▼
Financial income75/76B€0€67▲
Recurring financial income75€0€67▲
Financial charges65/66B€1k€6k▲
Recurring financial charges65€1k€6k▲
Profit (loss) for the period before taxes9903€20k€-17k▼
Income taxes67/77€6k€732▼
Profit (loss) for the period9904€15k€-18k▼
Profit (loss) for the period to be appropriated9905€15k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€-4k▼
Profit (loss) brought forward from the previous period14P€-536€14k▲
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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €6 | €3 | ▼ 46.3% |
| Remuneration, social security and pensions62 | - | - | - | - | €62k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €16k | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €175k | - |
| Other operating charges640/8 | - | €145 | €730 | €731 | €8k | ▲ 964% |
| Gross operating margin9900 | €5k | €-5k | €67k | €22k | €251k | ▲ 1,022% |
| Operating profit (loss)9901 | €4k | €-5k | €67k | €22k | €-11k | ▼ 150% |
| Financial income75/76B | - | - | - | €0 | €67 | ▲ 335,200% |
| Recurring financial income75 | - | - | - | €0 | €67 | ▲ 335,200% |
| Financial charges65/66B | - | €126 | €234 | €1k | €6k | ▲ 363% |
| Recurring financial charges65 | €48 | €126 | €234 | €1k | €6k | ▲ 363% |
| Profit (loss) for the period before taxes9903 | €4k | €-5k | €66k | €20k | €-17k | ▼ 185% |
| Income taxes67/77 | - | - | €14k | €6k | €732 | ▼ 86.7% |
| Profit (loss) for the period9904 | €4k | €-5k | €53k | €15k | €-18k | ▼ 222% |
| Profit (loss) for the period to be appropriated9905 | €4k | €-5k | €53k | €15k | €-18k | ▼ 222% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10k | €99k | €349k | €227k | €295k | ▲ 29.8% |
| Fixed assets21/28 | - | - | - | - | €84k | - |
| Tangible fixed assets22/27 | - | - | - | - | €80k | - |
| Plant, machinery and equipment23 | - | - | - | - | €10k | - |
| Furniture and vehicles24 | - | - | - | - | €28k | - |
| Leasing and similar rights25 | - | - | - | - | €41k | - |
| Financial fixed assets28 | - | - | - | - | €4k | - |
| Current assets29/58 | €10k | €99k | €349k | €227k | €211k | ▼ 7.2% |
| Amounts receivable within one year40/41 | €10k | €95k | €347k | €218k | €172k | ▼ 21.2% |
| Trade receivables40 | - | €95k | €345k | €217k | €155k | ▼ 28.4% |
| Other amounts receivable41 | - | €521 | €2k | €1k | €17k | ▲ 1,135% |
| Cash at bank and in hand54/58 | - | €3k | €2k | €8k | €32k | ▲ 325% |
| Deferred charges and accrued income490/1 | - | €351 | €114 | €1k | €7k | ▲ 363% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10k | €99k | €349k | €227k | €295k | ▲ 29.8% |
| Equity10/15 | €-17k | €-22k | €30k | €45k | €27k | ▼ 39.7% |
| Contributions10/11 | - | - | €31k | €31k | €31k | = |
| Reserves13 | - | €31k | - | - | - | - |
| Distributable reserves133 | - | €31k | - | - | - | - |
| Profit (loss) carried forward14 | €-48k | €-53k | €-536 | €14k | €-4k | ▼ 127% |
| Amounts payable17/49 | €27k | €121k | €319k | €182k | €268k | ▲ 47.0% |
| Amounts payable after more than one year17 | - | - | - | - | €27k | - |
| Financial debts170/4 | - | - | - | - | €27k | - |
| Amounts payable within one year42/48 | €27k | €121k | €319k | €182k | €241k | ▲ 32.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €8k | - |
| Trade debts44 | €860 | €58k | €227k | €84k | €135k | ▲ 61.4% |
| Suppliers440/4 | - | €58k | €227k | €84k | €135k | ▲ 61.4% |
| Taxes, remuneration and social security45 | - | €7k | €19k | €20k | €21k | ▲ 7.3% |
| Taxes450/3 | - | €390 | €13k | €18k | €9k | ▼ 50.3% |
| Remuneration and social security454/9 | - | €6k | €6k | €2k | €12k | ▲ 557% |
| Other amounts payable47/48 | - | €57k | €73k | €78k | €76k | ▼ 2.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €-5k | €53k | €15k | €-18k | ▼ 222% |
| + Depreciation and write-downs630 | - | - | - | - | €16k | - |
| Operating cash flow (approximation) | €4k | €-5k | €53k | €15k | €-2k | ▼ 111% |
| Change in cash | - | - | €-949 | €5k | €25k | ▲ 364% |
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 122 days late
2022
31-12
Financial
Back to profitnet €53k
Net result €53k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Pajottegem · 2 establishment units since 1995
Ground area
2.1 ha
Building footprint
5,677 m²
Volume, LiDAR
803 m³
2 parcels, Flanders, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
LCDM CONSTRUCT
since 19952.074.088.048
Rue Ilya Prigogine 51, 1480 Tubize
since 20252.372.750.553
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25105A0531/00C000 | Wallonia | 2.0 ha | 1 · 5,543 m² | - |
| 23032E0073/00C000 | Flanders | 1,051 m² | 1 · 134 m² | 8.7 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.
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 12,255 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
Founded11-09-1995
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
43310Plastering work
43331Floor and wall tiling
43332Laying of wooden floor and wall coverings
43341Painting of buildings
43350Other building finishing work
43910Bricklaying and masonry work
Scores and ratios are computed by Checked and are not a credit decision.