Skip to content

LCV Development

Active
Public limited companyfounded 1988active for 37 yearsKouter (E.) 3, 9790 Wortegem-Petegem, BelgiumKBO/BCE: BE 0435.582.062
Summary

LCV Development has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €1.9m. Equity is shrinking by about 26% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 31% of 5,708 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Articles of association

Who signsWho may bind the company towards others, for example by signing a contract.
“Artikel 13, derde laatste alinea vervangen als volgt : … De besluiten van de raad worden genomen bij een drie/vierde meerderheid van stemmen…”
Board ruleHow the board is made up, meets and takes decisions.
“Voorstel verworpen, beslissingsmeerderheden bestuursorgaan” (deed in Dutch)

Read from the deeds: 2 provisions, deed of 01-10-2025