LENOIR FRERES CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of LENOIR FRERES CONSTRUCT is 1.9% (moderate). The 2025 annual accounts show equity of €46k and a net result of €38k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 29% of 7431 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+10
Solvency48▼-21
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.29 in 2024; short-term debt: 74% and cash: 78.2% of total assets), and 76.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.1%
Return on assets
19.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 6 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
29 d late
2022
31 d late
2021
31 d late
2020
31 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€46k▼ 45.2%
2024 · €84k
2020: €58k
2021: €73k
2022: €61k
2023: €65k
2024: €84k
2020 → 2025
Total assets
€200k▲ 4.0%
2024 · €192k
2020: €136k
2021: €138k
2022: €123k
2023: €185k
2024: €192k
2020 → 2025
Net result
€38k▲ 80.5%
2024 · €21k
2020: €43k
2021: €16k
2022: €-11k
2023: €4k
2024: €21k
2020 → 2025
Working capital
€27k▲ 2.8%
2024 · €27k
2020: €32k
2021: €51k
2022: €32k
2023: €-5k
2024: €27k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€73k-€61k▼ 16.6%€65k▲ 5.8%€84k▲ 30.2%€46k▼ 45.2%
Operating result€23k-€-11k€5k€25k▲ 372%€47k▲ 91.0%
Net result€16k-€-11k€4k€21k▲ 387%€38k▲ 80.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 91% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €200k
Fixed assets
€25k▼ 66.7%
Current assets
€175k▲ 48.3%
Equity and liabilities €200k
Equity
€46k▼ 45.2%
Debt
€153k▲ 42.4%
The debt ratio rises from 56.1% to 76.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€61k▲
2024 · €48k
Cash flow
€52k▲
2024 · €45k
Solvency
23.1%▼
2024 · 43.9%
Current ratio
1.19▼
2024 · 1.29
Quick ratio
1.19▼
2024 · 1.29
Debt / equity
3.33▲
2024 · 1.28
ROE
83.0%▲
2024 · 25.2%
ROA
19.2%▲
2024 · 11.1%
Interest coverage
194.44▲
2024 · 112.12
Debt
€153k▲
2024 · €108k
Debt ≤ 1 year
€148k▲
2024 · €91k
Debt > 1 year
€6k▼
2024 · €16k
Income taxes
€8k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€192k€200k▲
Fixed assets21/28€74k€25k▼
Tangible fixed assets22/27€74k€25k▼
Furniture and vehicles24€74k€25k▼
Current assets29/58€118k€175k▲
Amounts receivable within one year40/41€20k€18k▼
Trade receivables40€19k€14k▼
Other amounts receivable41€1k€4k▲
Cash at bank and in hand54/58€92k€156k▲
Deferred charges and accrued income490/1€7k€487▼
Equity and liabilities
Total equity and liabilities10/49€192k€200k▲
Equity10/15€84k€46k▼
Contributions10/11€15k€15k=
Reserves13€69k€31k▼
Distributable reserves133€69k€31k▼
Amounts payable17/49€108k€153k▲
Amounts payable after more than one year17€16k€6k▼
Financial debts170/4€16k€6k▼
Amounts payable within one year42/48€91k€148k▲
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€2k€10k▲
Taxes450/3€2k€10k▲
Other amounts payable47/48€75k€124k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€14k▼
Other operating charges640/8€520€5k▲
Gross operating margin9900€49k€66k▲
Operating profit (loss)9901€25k€47k▲
Financial income75/76B€9€13▲
Recurring financial income75€9€13▲
Financial charges65/66B€431€313▼
Recurring financial charges65€431€313▼
Profit (loss) for the period before taxes9903€24k€47k▲
Income taxes67/77€3k€8k▲
Profit (loss) for the period9904€21k€38k▲
Profit (loss) for the period to be appropriated9905€21k€38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€38k▲
Transfer to equity691/2€20k€31k▲
To other reserves6921€20k€31k▲
Profit to be distributed694/7€2k€7k▲
Return on contributions (dividend)694€2k€2k=
Directors or managers695-€6k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-11k ▼172%
Net result drops to €-11k, the lowest in the series; recovery starts the following 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
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Frasnes-lez-Anvaing · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Delmotte(F) 117910 Frasnes-lez-AnvaingGround area
3,425 m²
Building footprint
130 m²
Volume, LiDAR
627 m³
2 parcels, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LENOIR FRERES CONSTRUCT
since 20192.307.182.315
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57055A0130/00G000 | Wallonia | 1,977 m² | 1 · 11 m² | - |
| 51020B0409/00F000 | Wallonia | 1,448 m² | 1 · 119 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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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IC QUALITY FLOORS
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BE 0848.256.288
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 13,015 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-10-2019
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43120Site preparation
43331Floor and wall tiling
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:lenoirfreres@gmail.com
Phone:0495847712