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LECLERCQ CONSTRUCT

Active
Private limited companyfounded 2023active for 3 yearsBegoniapark(Rol) 7, 8510 Kortrijk, BelgiumKBO/BCE: BE 1001.498.076
Summary

The computed 12-month bankruptcy probability of LECLERCQ CONSTRUCT is 2.2% (moderate). The 2025 annual accounts show equity of €15,438 and a net result of €1,208. Its solvency ranks better than 28% of 34,699 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Other building finishing work
NACE 43350
1 site
Size
€57,592total assets 2025
Equity
€15,438
Profit
€1,208
Turnover not published (micro format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.2%
Structure
2025 accounts filed 27 days late
Why 53raises riskFounded in 2023Last filed accounts filed 27 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 1.25, cash €14,198Figures for financial year 2025 (filed 27-08-2026)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 42% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency 52-6
equity 26.8% of total assets
Liquidity 53-5
short-term debt 55.3% · cash 24.7%
Profitability 71-29
return on assets 2.1%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,639 companies, NACE 43, micro)
Last 24 months 11-2024: 1.9%lowest value 12-2024: 1.9%● unchanged vs 11-2024lowest value 01-2025: 2.0%▲ +0.1 percentage points vs 12-2024 02-2025: 2.3%▲ +0.3 percentage points vs 01-2025 03-2025: 2.4%▲ +0.1 percentage points vs 02-2025 04-2025: 2.7%▲ +0.3 percentage points vs 03-2025 05-2025: 2.7%● unchanged vs 04-2025 06-2025: 5.2%▲ +2.5 percentage points vs 05-2025 07-2025: 5.1%▼ -0.1 percentage points vs 06-2025 08-2025: 5.1%● unchanged vs 07-2025 09-2025: 5.5%▲ +0.4 percentage points vs 08-2025 10-2025: 3.7%▼ -1.8 percentage points vs 09-2025 11-2025: 3.7%● unchanged vs 10-2025 12-2025: 3.7%● unchanged vs 11-2025 01-2026: 3.7%● unchanged vs 12-2025 02-2026: 3.7%● unchanged vs 01-2026 03-2026: 3.7%● unchanged vs 02-2026 04-2026: 4.5%▲ +0.8 percentage points vs 03-2026 05-2026: 4.8%▲ +0.3 percentage points vs 04-2026 06-2026: 4.8%● unchanged vs 05-2026 07-2026: 4.8%● unchanged vs 06-2026 08-2026: 5.9%▲ +1.1 percentage points vs 07-2026highest value 09-2026: 2.2%▼ -3.7 percentage points vs 08-2026 10-2026: 2.2%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.25, compared with 1.46 in 2024, below the usual 1.5; short-term debt: 55.3% and cash: 24.7% of total assets), and 73.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 28% on solvency, 48% on liquidity, 41% on profitability and 53% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.25, cash €14,198
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 27-08-2026)
NBB · annual accounts
raises risk · Last filed accounts filed 27 days late; 1 of the last 3 late
NBB · filings
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
27 days late
2024
51 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 39 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Registered officeRegistered-office move

Financials · financial year 2025, micro format

2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00448936.

Equity
€15,438▲ 8.5%
2024 · €14,230
Total assets
€57,592▲ 33.3%
2024 · €43,204
Net result
€1,208▼ 89.7%
2024 · €11,730
Working capital
€7,905▲ 87.1%
2024 · €4,225
Trend over the years

2024 to 2025, 2 financial years

The operating result rises in 2025; 2025 is 23% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€16,071 2025 Net result€1,208 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€13,105-€16,071▲ 22.6%
Net result€11,730within the sector's middle half-€1,208within the sector's middle half▼ 89.7%
Equity€14,230below the sector's middle half-€15,438below the sector's middle half▲ 8.5%
Total assets€43,204below the sector's middle half-€57,592below the sector's middle half▲ 33.3%
Debt€28,974-€42,154▲ 45.5%
Working capital€4,225within the sector's middle half-€7,905within the sector's middle half▲ 87.1%
Solvency32.9%within the sector's middle half-26.8%within the sector's middle half▼ 6.1pp
Current ratio1.46within the sector's middle half-1.25within the sector's middle half▼ 0.21
Return on assets (ROA)27.1%above the sector's middle half-2.1%within the sector's middle half▼ 25.1pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €57,592
Fixed assets €17,864 ▼ 39.9%
Current assets €39,728 ▲ 195%
Equity and liabilities €57,592
Equity €15,438 ▲ 8.5%
Debt €42,154 ▲ 45.5%
Debt's share of the balance-sheet total rises from 67.1% to 73.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€18,031▲
2024 · €14,898
Cash flow
€3,168▼
2024 · €13,523
Quick ratio
1.20▼
2024 · 1.46
Debt to equity
2.73▲
2024 · 2.04
ROE
7.8%▼
2024 · 82.4%
Interest coverage
9.05▼
2024 · 55.07
Debt ≤ 1 year
€31,823▲
2024 · €9,247
Debt > 1 year
€10,331▼
2024 · €19,728
Income taxes
€5,645▲
2024 · €1,175
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,542 companies that looked in July 2024 the way this one looks now, 3.5% went bankrupt within 24 months and 94.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
3.5% went bankrupt
1.2% stopped otherwise
94.8% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,542 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€43,204€57,592▲
Fixed assets21/28€29,733€17,864▼
Tangible fixed assets22/27€29,733€17,864▼
Furniture and vehicles24€29,733€17,864▼
Current assets29/58€13,471€39,728▲
Stocks and contracts in progress3-€1,546
Stocks30/36-€1,546
Amounts receivable within one year40/41€8,127€23,984▲
Trade receivables40€8,127€21,416▲
Other amounts receivable41-€2,568
Cash at bank and in hand54/58€5,344€14,198▲
Equity and liabilities
Total equity and liabilities10/49€43,204€57,592▲
Equity10/15€14,230€15,438▲
Contributions10/11€2,500€2,500=
Contributions outside capital11€2,500-
Other1109/19€2,500-
Reserves13€11,730€12,938▲
Distributable reserves133€11,730€12,938▲
Amounts payable17/49€28,974€42,154▲
Amounts payable after more than one year17€19,728€10,331▼
Financial debts170/4€19,728€10,331▼
Amounts payable within one year42/48€9,247€31,823▲
Current portion of amounts payable after more than one year42€4,797€6,174▲
Trade debts44€136€11,415▲
Suppliers440/4€136€11,415▲
Advances received on contracts in progress46-€1,500
Taxes, remuneration and social security45€4,187€12,734▲
Taxes450/3€4,187€12,734▲
Other amounts payable47/48€127-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,793€1,959▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4,276
Other operating charges640/8€364€1,332▲
Gross operating margin9900€15,262€23,639▲
Operating profit (loss)9901€13,105€16,071▲
Financial income75/76B€70€610▲
Recurring financial income75€70€610▲
Financial charges65/66B€271€9,828▲
Recurring financial charges65€271€1,993▲
Non-recurring financial charges66B-€7,835
Profit (loss) for the period before taxes9903€12,904€6,853▼
Income taxes67/77€1,175€5,645▲
Profit (loss) for the period9904€11,730€1,208▼
Profit (loss) for the period to be appropriated9905€11,730€1,208▼
Appropriation of the result
Profit (loss) to be appropriated9906€11,730€1,208▼
Transfer to equity691/2€11,730€1,208▼
To other reserves6921€11,730€1,208▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,793€1,959▲ 9.3%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4,276-
Other operating charges640/8€364€1,332▲ 266%
Gross operating margin9900€15,262€23,639▲ 54.9%
Operating profit (loss)9901€13,105€16,071▲ 22.6%
Financial income75/76B€70€610▲ 770%
Recurring financial income75€70€610▲ 770%
Financial charges65/66B€271€9,828▲ 36×
Recurring financial charges65€271€1,993▲ 637%
Non-recurring financial charges66B-€7,835-
Profit (loss) for the period before taxes9903€12,904€6,853▼ 46.9%
Income taxes67/77€1,175€5,645▲ 381%
Profit (loss) for the period9904€11,730€1,208▼ 89.7%
Profit (loss) for the period to be appropriated9905€11,730€1,208▼ 89.7%
Line20242025Change
Assets
Total assets20/58€43,204€57,592▲ 33.3%
Fixed assets21/28€29,733€17,864▼ 39.9%
Tangible fixed assets22/27€29,733€17,864▼ 39.9%
Furniture and vehicles24€29,733€17,864▼ 39.9%
Current assets29/58€13,471€39,728▲ 195%
Stocks and contracts in progress3-€1,546-
Stocks30/36-€1,546-
Amounts receivable within one year40/41€8,127€23,984▲ 195%
Trade receivables40€8,127€21,416▲ 164%
Other amounts receivable41-€2,568-
Cash at bank and in hand54/58€5,344€14,198▲ 166%
Equity and liabilities
Total equity and liabilities10/49€43,204€57,592▲ 33.3%
Equity10/15€14,230€15,438▲ 8.5%
Contributions10/11€2,500€2,500=
Contributions outside capital11€2,500--
Other1109/19€2,500--
Reserves13€11,730€12,938▲ 10.3%
Distributable reserves133€11,730€12,938▲ 10.3%
Amounts payable17/49€28,974€42,154▲ 45.5%
Amounts payable after more than one year17€19,728€10,331▼ 47.6%
Financial debts170/4€19,728€10,331▼ 47.6%
Amounts payable within one year42/48€9,247€31,823▲ 244%
Current portion of amounts payable after more than one year42€4,797€6,174▲ 28.7%
Trade debts44€136€11,415▲ 84×
Suppliers440/4€136€11,415▲ 84×
Advances received on contracts in progress46-€1,500-
Taxes, remuneration and social security45€4,187€12,734▲ 204%
Taxes450/3€4,187€12,734▲ 204%
Other amounts payable47/48€127--
Line20242025Change
Profit (loss) for the period9904€11,730€1,208▼ 89.7%
+ Depreciation and write-downs630€1,793€1,959▲ 9.3%
Operating cash flow (approximation)€13,523€3,168▼ 76.6%
Investment in fixed assets (approximation)-€9,909-
Change in cash-€8,854-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 27-08-2026 2026-00448936
31-12-2024 micro format 20-09-2025 2025-00496623

Similar companies · same sector, comparable size

Of the 7,258 active companies whose main activity is other building finishing work (NACE 43350), figures are known for 2,388. 1,672 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2023
LECLERCQ Arne
Director · since 25-10-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2023, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
LECLERCQ Arne
  • Director, from 25-10-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 23 October 2023, LECLERCQ CONSTRUCT was incorporated as a private limited company.1 In 2025 the registered office moved to Kortrijk-Rollegem.2 LECLERCQ Arne has served as director of the company since 2023.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 20-05-2025
  3. 3Belgian Official Gazette, 25-10-2023

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
27-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 27 days late
2025
20-09
NBB filing Annual accounts filed
financial year 2024 · micro format · 51 days late
20-05
Gazette deed Registered office
Registered-office move2 facts ▸
  • Board meeting, 07-04-2025
  • Registered-office move, Begoniapark 7 te 8510 Kortrijk-Rollegem
2023
25-10
Gazette deed Incorporation
Appointment: LECLERCQ Arne (director) · Founder · Founding capital5 facts ▸
  • Incorporation, 20-10-2023
  • Founder, LECLERCQ Arne
  • Founding capital, €2,500
  • Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen die eruit voortvloeien en alle activiteiten ondernomen sinds 01-10-2023 door comparant in naam en voor reken…” (deed in Dutch)
  • Director appointment, LECLERCQ Arne (director)
Gazette deedNBB filing
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded23-10-2023
Financial year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
43240Other construction installation
43990Other specialised construction activities
82990Other business support services
Contact
Phone 0478938362
E-invoicing
Reachable via Peppol
Peppol ID 0208:1001498076
Also 9925:BE1001498076
Registered 07-07-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 25 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1001.498.076

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
588 m²
Building footprint
110 m²
Building volume
560 m³
Parcel 34033B0458/00G002, Flanders · tallest building 7.8 m. Linked by address, not a title deed.
1 establishment unit
LECLERCQ CONSTRUCT
Begoniapark(Rol) 7, 8510 KortrijkOther building finishing work
since 2023unit no. 2.351.166.667
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
34033B0458/00G002 Flanders 588 m² 1 · 110 m² 7.8 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, 8530 Harelbeke,Vissersstraat 32” (deed in Dutch)

deed of 25-10-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)

deed of 25-10-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Helft overdrager,helft kopers naar evenredigheid aantal, zelfde formaliteiten indien geen aandeelhouder van rechtswege” (deed in Dutch)

deed of 25-10-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Friday of June

deed of 25-10-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Aanwending nettowinst en uitkeringen, verminderd met overgedragen verlies of vermeerderd met overgedragen winst” (deed in Dutch)
Liquidation distribution: “Goederen die nog in natura voorhanden zijn op dezelfde wijze verdeeld, na herstelling van het evenwicht tussen de aandelen indien…” (deed in Dutch)
1 more provision in the deed, see the deed of 25-10-2023

deed of 25-10-2023