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LG CONSTRUCT

Active
Private limited company (pre-2019)founded 201114 yrs activeRue Emile Albot(GZ) 20, 7900 Leuze-en-Hainaut, BelgiumKBO/BCE: BE 0841.728.584
Summary

The computed 12-month bankruptcy probability of LG CONSTRUCT is 4.5% (elevated). The 2025 annual accounts show negative equity (-€22,754) and a net result of -€66. Equity remains stable across the filed fiscal years (±1% per year). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability.
Bankruptcy probability: Elevated
Axes · tick = 2024
Profitability-
Solvency-
Growth58=
Track record100
Bankruptcy probability, 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 14 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€22,754
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 · 10 filings
Deviation from the deadline
2025
31 d late
2024
29 d late
2023
61 d late
2022
32 d late
2021
31 d late
2020
30 d late
2019
34 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 35 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 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

LG CONSTRUCT was incorporated on 12 December 2011.1 Total assets fell from EUR 11,751 in 2018 to EUR 1,163 in 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020

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Financials · fiscal year 2025, micro schema

Equity
-€22,754▼ 0.3%
2024 · -€22,688
Total assets
€0▼ 100%
2020 · €1,163
Net result
-€66
2024 · €201
Working capital
-€21,846▲ 1.1%
2019 · -€22,098
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€709-€57▲ 92.0%-€448▼ 686%€201-€66
Net result-€752-€57▲ 92.4%-€448▼ 686%€201-€66
Equity-€22,384▼ 3.5%-€22,441▼ 0.3%-€22,889▼ 2.0%-€22,688▲ 0.9%-€22,754▼ 0.3%
Total assets€0▼ 100%
Debt€22,384▼ 1.8%€22,441▲ 0.3%€22,889▲ 2.0%€22,688▼ 0.9%€22,754▲ 0.3%
Working capital
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€1,000-€750-€500-€250€0€250Operating result 2021: -€709-€709Net result 2021: -€752-€752Operating result 2022: -€57-€57Net result 2022: -€57-€57Operating result 2023: -€448-€448Net result 2023: -€448-€448Operating result 2024: €201€201Net result 2024: €201€201Operating result 2025: -€66-€66Net result 2025: -€66-€6620212022202320242025-€600-€400-€200€0€200Operating result 2023: -€448-€448Net result 2023: -€448-€448Operating result 2024: €201€201Net result 2024: €201€201Operating result 2025: -€66-€66Net result 2025: -€66-€66202320242025
The operating result turns negative in 2025: a loss of €66 after €201 in 2024.
Key figures and ratios
2025 value · change against 2024
Debt to equity
-1.00=
2024 · -1.00
Debt ≤ 1 year
€22,754▲
2024 · €22,688
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 16 lines
Balance sheet Code20242025
Equity and liabilities
Total equity and liabilities10/49€0€0=
Equity10/15-€22,688-€22,754▼
Contributions10/11€12,400€12,400=
Profit (loss) carried forward14-€35,088-€35,154▼
Amounts payable17/49€22,688€22,754▲
Amounts payable within one year42/48€22,688€22,754▲
Trade debts44€0-
Suppliers440/4€0-
Other amounts payable47/48€22,688€22,754▲
Income statement Code20242025
Gross operating margin9900€201-€66▼
Operating profit (loss)9901€201-€66▼
Profit (loss) for the period before taxes9903€201-€66▼
Profit (loss) for the period9904€201-€66▼
Profit (loss) for the period to be appropriated9905€201-€66▼
Appropriation of the result
Profit (loss) to be appropriated9906-€35,088-€35,154▼
Profit (loss) brought forward from the previous period14P-€35,289-€35,088▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€214-----
Other operating charges640/8€495-----
Gross operating margin9900€0-€57-€448€201-€66▼ 133%
Operating profit (loss)9901-€709-€57-€448€201-€66▼ 133%
Financial charges65/66B€42-----
Recurring financial charges65€42-----
Profit (loss) for the period before taxes9903-€752-€57-€448€201-€66▼ 133%
Profit (loss) for the period9904-€752-€57-€448€201-€66▼ 133%
Profit (loss) for the period to be appropriated9905-€752-€57-€448€201-€66▼ 133%
Line20212022202320242025Change
Assets
Total assets20/58€0-----
Equity and liabilities
Total equity and liabilities10/49€0€0€0€0€0-
Equity10/15-€22,384-€22,441-€22,889-€22,688-€22,754▼ 0.3%
Contributions10/11€12,400€12,400€12,400€12,400€12,400=
Capital10€12,400-----
Issued capital100€18,600-----
Uncalled capital101€6,200-----
Profit (loss) carried forward14-€34,784-€34,841-€35,289-€35,088-€35,154▼ 0.2%
Amounts payable17/49€22,384€22,441€22,889€22,688€22,754▲ 0.3%
Amounts payable within one year42/48€22,384€22,441€22,889€22,688€22,754▲ 0.3%
Trade debts44--€384€0--
Suppliers440/4--€384€0--
Other amounts payable47/48€22,384€22,441€22,504€22,688€22,754▲ 0.3%
Line20212022202320242025Change
Profit (loss) for the period9904-€752-€57-€448€201-€66▼ 133%
+ Depreciation and write-downs630€214-----
Operating cash flow (approximation)-€538-€57-€448€201-€66▼ 133%

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 31-07-2027
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
31-12
Financial Back to profitnet €201
Net result €201 after 3 loss-making years.
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
01-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial Back to profitnet €38
Net result €38 after 2 loss-making years.
03-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2017
29-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
05-10
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 66 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Leuze-en-Hainaut · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
3,486 m²
Building footprint
346 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
LG CONSTRUCT
Rue Emile Albot(GZ) 20A, 7900 Leuze-en-HainautConstruction of residential and non-residential buildings
since 20112.205.109.314
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
57034B0352/00N002 Wallonia 2,081 m² 1 · 151 m² -
57034B0352/00P002 Wallonia 1,405 m² 1 · 195 m² -
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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded12-12-2011
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

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