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LEFEBVRE ENGINEERING

Active
Private limited company (pre-2019)founded 199927 yrs activeKarel Picquélaan 164, 9800 Deinze, BelgiumKBO/BCE: BE 0465.587.033
Summary

LEFEBVRE ENGINEERING has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €517,511 and a net result of €45,938. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 40% of 32023 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability74▼-2
Solvency68▼-12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 1.75 against 3.2 in 2024; short-term debt: 44.1% and cash: 42% of total assets), but 56.8% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 27 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
43.2%
Return on assets
3.8%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
2 d early
2023
on the day
2022
on the day
2021
17 d early
2020
5 d late
2019
133 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 17 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 29 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close30-09-2026 today31-10-2026 deadline
neutral · 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

History

LEFEBVRE ENGINEERING was incorporated on 8 March 1999.1 Total assets rose from EUR 675,767 in 2019 to EUR 1.2 million in 2025 and headcount from 1 to 1 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€517,511▼ 11.2%
2024 · €582,909
Total assets
€1.2m▲ 13.7%
2024 · €1.1m
Net result
€45,938▼ 23.1%
2024 · €59,758
Working capital
€397,306▼ 32.7%
2024 · €589,931
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€53,801▼ 35.2%€18,096▼ 66.4%€57,690▲ 219%€86,857▲ 50.6%€79,071▼ 9.0%
Net result€35,823within the sector's middle half▼ 38.4%€19,193within the sector's middle half▼ 46.4%€39,105within the sector's middle half▲ 104%€59,758within the sector's middle half▲ 52.8%€45,938within the sector's middle half▼ 23.1%
Equity€463,472within the sector's middle half▲ 8.4%€472,875within the sector's middle half▲ 2.0%€511,980above the sector's middle half▲ 8.3%€582,909above the sector's middle half▲ 13.9%€517,511above the sector's middle half▼ 11.2%
Total assets€601,990within the sector's middle half▼ 0.4%€824,384within the sector's middle half▲ 36.9%€928,952above the sector's middle half▲ 12.7%€1.1mabove the sector's middle half▲ 13.5%€1.2mabove the sector's middle half▲ 13.7%
Debt€138,518▼ 21.7%€351,509▲ 154%€416,971▲ 18.6%€471,148▲ 13.0%€680,511▲ 44.4%
Working capital€230,411within the sector's middle half▲ 22.8%€316,344within the sector's middle half▲ 37.3%€358,087above the sector's middle half▲ 13.2%€589,931above the sector's middle half▲ 64.7%€397,306above the sector's middle half▼ 32.7%
Solvency77.0%within the sector's middle half▲ 6.2pp57.4%within the sector's middle half▼ 19.6pp55.1%within the sector's middle half▼ 2.2pp55.3%within the sector's middle half▲ 0.2pp43.2%within the sector's middle half▼ 12.1pp
Current ratio3.77within the sector's middle half▲ 0.822.32within the sector's middle half▼ 1.442.06within the sector's middle half▼ 0.273.20within the sector's middle half▲ 1.141.75within the sector's middle half▼ 1.45
Return on assets (ROA)6.0%within the sector's middle half▼ 3.7pp2.3%within the sector's middle half▼ 3.6pp4.2%within the sector's middle half▲ 1.9pp5.7%within the sector's middle half▲ 1.5pp3.8%within the sector's middle half▼ 1.8pp
Staff (FTE)1within the sector's middle half=1within the sector's middle half=1
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25,000€50,000€75,000Operating result 2021: €53,801€53,801Net result 2021: €35,823€35,823Operating result 2022: €18,096€18,096Net result 2022: €19,193€19,193Operating result 2023: €57,690€57,690Net result 2023: €39,105€39,105Operating result 2024: €86,857€86,857Net result 2024: €59,758€59,758Operating result 2025: €79,071€79,071Net result 2025: €45,938€45,93820212022202320242025€0€25,000€50,000€75,000Operating result 2023: €57,690€57,700Net result 2023: €39,105€39,100Operating result 2024: €86,857€86,900Net result 2024: €59,758€59,800Operating result 2025: €79,071€79,100Net result 2025: €45,938€45,900202320242025
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets €272,178 ▲ 39.1%
Current assets €925,843 ▲ 7.9%
Equity and liabilities €1.2m
Equity €517,511 ▼ 11.2%
Debt €680,511 ▲ 44.4%
Debt's share of the balance-sheet total rises from 44.7% to 56.8%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€140,044▲
2024 · €108,696
Cash flow
€106,911▲
2024 · €81,597
Debt to equity
1.31▲
2024 · 0.81
ROE
8.9%▼
2024 · 10.3%
Interest coverage
15.08▼
2024 · 31.15
Debt ≤ 1 year
€528,537▲
2024 · €268,503
Debt > 1 year
€151,974▲
2024 · €86,871
Income taxes
€23,887▼
2024 · €27,892
Staff costs
€69,069▲
2024 · €67,857
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,340 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% 1.0%
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% 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 17,040 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 · 62 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.1m€1.2m▲
Fixed assets21/28€195,623€272,178▲
Tangible fixed assets22/27€186,498€263,053▲
Land and buildings22€10,011€6,589▼
Plant, machinery and equipment23€3,601€2,863▼
Furniture and vehicles24€172,886€253,601▲
Other tangible fixed assets26€0€0=
Financial fixed assets28€9,125€9,125=
Current assets29/58€858,434€925,843▲
Amounts receivable within one year40/41€223,457€295,589▲
Trade receivables40€102,143€151,165▲
Other amounts receivable41€121,314€144,424▲
Current investments50/53€123,924€123,924=
Cash at bank and in hand54/58€506,606€502,662▼
Deferred charges and accrued income490/1€4,448€3,669▼
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.2m▲
Equity10/15€582,909€517,511▼
Contributions10/11€18,592€18,592=
Reserves13€234,317€168,919▼
Non-distributable reserves130/1€23,997€23,997=
Reserves not available under the articles1311€22,138€22,138=
Other1319€1,859€1,859=
Tax-exempt reserves132€7,721€7,721=
Distributable reserves133€202,600€137,201▼
Profit (loss) carried forward14€330,000€330,000=
Amounts payable17/49€471,148€680,511▲
Amounts payable after more than one year17€86,871€151,974▲
Financial debts170/4€86,871€151,974▲
Amounts payable within one year42/48€268,503€528,537▲
Current portion of amounts payable after more than one year42€56,630€59,278▲
Financial debts43€10,000€30,000▲
Credit institutions430/8€10,000€30,000▲
Trade debts44€178,447€197,080▲
Suppliers440/4€178,447€197,080▲
Advances received on contracts in progress46-€132,373
Taxes, remuneration and social security45€23,426€6,069▼
Taxes450/3€16,567-
Remuneration and social security454/9€6,859€6,069▼
Other amounts payable47/48-€103,737
Accrued charges and deferred income492/3€115,774-
Income statement Code20242025
Remuneration, social security and pensions62€67,857€69,069▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,839€60,973▲
Other operating charges640/8€6,506€2,206▼
Gross operating margin9900€183,059€211,319▲
Operating profit (loss)9901€86,857€79,071▼
Financial income75/76B€4,282€42▼
Recurring financial income75€128€42▼
Non-recurring financial income76B€4,154-
Financial charges65/66B€3,490€9,288▲
Recurring financial charges65€3,490€9,288▲
Profit (loss) for the period before taxes9903€87,650€69,825▼
Income taxes67/77€27,892€23,887▼
Profit (loss) for the period9904€59,758€45,938▼
Profit (loss) for the period to be appropriated9905€59,758€45,938▼
Appropriation of the result
Profit (loss) to be appropriated9906€389,758€375,938▼
Profit (loss) brought forward from the previous period14P€330,000€330,000=
Transfer from equity791/2-€103,737
Transfer to equity691/2€59,758€38,338▼
To other reserves6921€59,758€38,338▼
Profit to be distributed694/7-€111,337
Return on contributions (dividend)694-€103,737
Directors or managers695-€7,599

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62-€56,702€68,193€67,857€69,069▲ 1.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,273€39,834€41,855€21,839€60,973▲ 179%
Other operating charges640/8-€2,714€3,089€6,506€2,206▼ 66.1%
Gross operating margin9900€149,672€117,346€170,827€183,059€211,319▲ 15.4%
Operating profit (loss)9901€53,801€18,096€57,690€86,857€79,071▼ 9.0%
Financial income75/76B-€7,771€103€4,282€42▼ 99.0%
Recurring financial income75€1,584€7,771€103€128€42▼ 67.3%
Non-recurring financial income76B---€4,154--
Financial charges65/66B-€2,218€2,192€3,490€9,288▲ 166%
Recurring financial charges65€2,983€2,218€2,192€3,490€9,288▲ 166%
Profit (loss) for the period before taxes9903€52,403€23,650€55,601€87,650€69,825▼ 20.3%
Income taxes67/77€16,579€4,457€16,496€27,892€23,887▼ 14.4%
Profit (loss) for the period9904€35,823€19,193€39,105€59,758€45,938▼ 23.1%
Profit (loss) for the period to be appropriated9905€35,823€19,193€39,105€59,758€45,938▼ 23.1%
Line20212022202320242025Change
Assets
Total assets20/58€601,990€824,384€928,952€1.1m€1.2m▲ 13.7%
Fixed assets21/28€288,270€269,258€232,416€195,623€272,178▲ 39.1%
Tangible fixed assets22/27€81,610€99,404€62,562€186,498€263,053▲ 41.0%
Land and buildings22-€30,150€18,689€10,011€6,589▼ 34.2%
Plant, machinery and equipment23--€1,526€3,601€2,863▼ 20.5%
Furniture and vehicles24-€69,254€42,346€172,886€253,601▲ 46.7%
Other tangible fixed assets26--€0€0€0-
Financial fixed assets28€206,661€169,855€169,855€9,125€9,125=
Current assets29/58€313,720€555,126€696,535€858,434€925,843▲ 7.9%
Stocks and contracts in progress3-€200,211----
Contracts in progress37-€200,211----
Amounts receivable within one year40/41€154,973€298,836€330,957€223,457€295,589▲ 32.3%
Trade receivables40-€191,228€169,655€102,143€151,165▲ 48.0%
Other amounts receivable41-€107,607€161,302€121,314€144,424▲ 19.0%
Current investments50/53---€123,924€123,924=
Cash at bank and in hand54/58€158,747€56,078€365,579€506,606€502,662▼ 0.8%
Deferred charges and accrued income490/1---€4,448€3,669▼ 17.5%
Equity and liabilities
Total equity and liabilities10/49€601,990€824,384€928,952€1.1m€1.2m▲ 13.7%
Equity10/15€463,472€472,875€511,980€582,909€517,511▼ 11.2%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Capital10-€18,592€18,592---
Issued capital100-€18,592€18,592---
Reserves13€114,880€124,283€163,388€234,317€168,919▼ 27.9%
Non-distributable reserves130/1-€12,825€12,825€23,997€23,997=
Legal reserve130-€1,859€1,859---
Reserves not available under the articles1311-€10,966€10,966€22,138€22,138=
Other1319---€1,859€1,859=
Tax-exempt reserves132-€7,721€7,721€7,721€7,721=
Distributable reserves133-€103,737€142,842€202,600€137,201▼ 32.3%
Profit (loss) carried forward14€330,000€330,000€330,000€330,000€330,000=
Amounts payable17/49€138,518€351,509€416,971€471,148€680,511▲ 44.4%
Amounts payable after more than one year17€24,865€43,646€24,609€86,871€151,974▲ 74.9%
Financial debts170/4-€43,646€24,609€86,871€151,974▲ 74.9%
Amounts payable within one year42/48€83,309€238,781€338,449€268,503€528,537▲ 96.8%
Current portion of amounts payable after more than one year42-€26,441€16,648€56,630€59,278▲ 4.7%
Financial debts43-€5,020€6,692€10,000€30,000▲ 200%
Credit institutions430/8-€5,020€6,692€10,000€30,000▲ 200%
Trade debts44€26,951€169,356€200,677€178,447€197,080▲ 10.4%
Suppliers440/4-€169,356€200,677€178,447€197,080▲ 10.4%
Advances received on contracts in progress46----€132,373-
Taxes, remuneration and social security45-€11,912€94,408€23,426€6,069▼ 74.1%
Taxes450/3-€3,746€30,034€16,567--
Remuneration and social security454/9-€8,166€64,374€6,859€6,069▼ 11.5%
Other amounts payable47/48-€26,052€20,023-€103,737-
Accrued charges and deferred income492/3-€69,081€53,914€115,774--
Line20212022202320242025Change
Profit (loss) for the period9904€35,823€19,193€39,105€59,758€45,938▼ 23.1%
+ Depreciation and write-downs630€33,273€39,834€41,855€21,839€60,973▲ 179%
Operating cash flow (approximation)€69,097€59,026€80,960€81,597€106,911▲ 31.0%
Investment in fixed assets (approximation)--€20,822-€5,013€14,954-€137,528▼ 1,020%
Change in cash--€102,668€309,500€141,027-€3,944▼ 103%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
29-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
29-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial Highest result since 2019net €59,758 ▲52.8%
Operating result €86,857, net result €59,758, both a record.
2023
31-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial Equity above €500,000Eq €511,980 ▲8.3%
4 profitable years in a row build equity to €511,980.
2022
31-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
14-10
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
05-11
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 5 days late
31-03
Financial Back to profitnet €58,129
Net result €58,129 after one loss-making year.
12-03
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 133 days late
2018
02-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
26-10
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
05-10
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 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Deinze · 1 establishment unit since 2002
seat establishment The establishment unit on the map
Ground area
1,930 m²
Building footprint
244 m²
Volume, LiDAR
1,129 m³
Parcel 44011A0879/00K000, Flanders · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Karel Picquélaan 164, 9800 Deinze
General construction of other non-residential buildings
since 20022.115.639.581
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44011A0879/00K000 Flanders 1,930 m² 1 · 244 m² 6.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-03-2025 list no shareholders, and no other source names one.

Holdings 1

According to the annual accounts to 31-03-2025 of LEFEBVRE ENGINEERING and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 82,601 companies in sector 70200 we hold annual accounts for 52,615. 34,383 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 (pre-2019)
Founded08-03-1999
Fiscal year end31-03
Abbreviation NL L E
Activities, NACEBEL 2025
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
33200Installation of industrial machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID 0208:0465587033
Registered 20-11-2024

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

Register as of 30 September 2026 · Peppol Directory

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