Skip to content

LG GROUPE

Active
Private limited company (pre-2019)founded 2013active for 13 yearsRue Arthur Mahaux(BN) 35, 5021 Namur, BelgiumKBO/BCE: BE 0502.998.349
Summary

The computed 12-month bankruptcy probability of LG GROUPE is 2.8% (moderate). The 2025 annual accounts show equity of €160,599 and a net result of €10,807. Equity has been shrinking by about 9.3% per year since 2018. Its solvency ranks better than 19% of 9,895 sector peers (NACE 43, financial year 2025). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 01-02-2013 Normal situation
Activity
Joinery installation NACE 43320and 2 others
Establishment unit
2.216.362.601 5100 Namur, since 12-02-2013
Financial year end
31 December
Peppol
Reachable since 01-01-2026

Board and ownership

Financial position

50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.8%
Annual accounts 2025
Gross margin
€250,425
▲ 85.8%
Turnover
≈ €730,000
estimated
Profit
€10,807
Equity
€160,599
▲ 7.2%
Total assets
€889,021
▼ 1.7%
Employees on 31-12-2025
3
=
  • 2025 accounts filed 39 days after the deadline
Score breakdownraises riskLiquidity: current ratio 0.16, cash €38, halvedLast filed accounts filed 39 days late; 2 of the last 3 accounts lateEquity €160,599 (18.1% of total assets)Sector: Specialised construction activities (NACE 43)Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 26% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 43+1
equity 18.1% of total assets
Liquidity 10-2
short-term debt 74.3% · cash 0.0%
Profitability 55+47
return on assets 1.2%
Bankruptcy probability within 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 3.1% 01-2025: 3.9%▲ +0.8 percentage points vs 12-2024 02-2025: 3.9%● unchanged vs 01-2025 03-2025: 3.8%▼ -0.1 percentage points vs 02-2025 04-2025: 3.8%● unchanged vs 03-2025 05-2025: 3.6%▼ -0.2 percentage points vs 04-2025 06-2025: 3.8%▲ +0.2 percentage points vs 05-2025 07-2025: 4.1%▲ +0.3 percentage points vs 06-2025 08-2025: 4.3%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 2.4%▼ -1.9 percentage points vs 08-2025 10-2025: 2.4%● unchanged vs 09-2025 11-2025: 2.4%● unchanged vs 10-2025 12-2025: 2.4%● unchanged vs 11-2025 01-2026: 2.4%● unchanged vs 12-2025 02-2026: 2.4%● unchanged vs 01-2026 03-2026: 2.3%▼ -0.1 percentage points vs 02-2026 04-2026: 2.3%● unchanged vs 03-2026 05-2026: 2.3%● unchanged vs 04-2026lowest value 06-2026: 2.4%▲ +0.1 percentage points vs 05-2026 07-2026: 2.5%▲ +0.1 percentage points vs 06-2026 08-2026: 3.0%▲ +0.5 percentage points vs 07-2026 09-2026: 3.0%● unchanged vs 08-2026 10-2026: 2.8%▼ -0.2 percentage points vs 09-2026 11-2026: 2.8%● unchanged vs 10-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.16 (0.19 in 2024), below 1. Short-term debt is 74.3% and cash 0% of total assets. 81.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 20% of them on solvency, 6% on liquidity, 26% on profitability and 51% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises risk
raises risk · Liquidity: current ratio 0.16, cash €38, halved
NBB · annual accounts
raises risk · Last filed accounts filed 39 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Equity €160,599 (18.1% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 9895 sector peers (2025).
NBB · sector comparison
Position among 9895 sector peers
Solvency
better than 19%
← weakest strongest →
raises risk · 2025 accounts filed 39 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 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 · 10 filings
Deviation from the deadline
2025
39 days late
2024
22 days late
2023
129 days late
2022
88 days late
2021
65 days late
2020
143 days late
2019
153 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 91 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 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. The company usually files around 4 October (4 of the last 5 accounts filed within 43 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €76,039 in 2024 €10,807 View
  • Caution: Lower solvency than 81% of companies in specialised constructionsector median 44.0% · 9,895 companies 18.1% View

Recent changes

  1. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as LG GROUPE: joinery installation (NACE 43320). They are comparable in size and age: total assets between €770,000 and €932,000, founded between 2010 and 2015.

CompanyTotal assetsGross margin
LG GROUPE Namur€889,021€250,425
DRITTO Duffel€932,321€257,782
CALAY RAPHAEL Bastogne€770,305€297,162
Multituin Geel€858,857€269,675
HOME CONCEPT OH La Bruyère€836,441€432,652
GROEP ONUR Sint-Niklaas€865,914€293,700
BRIERS Gingelom€771,041€218,107
Full comparison

Key facts about LG GROUPE

What is the company number of LG GROUPE?
The company number of LG GROUPE is 0502.998.349. The VAT number is the same number with BE in front: BE 0502.998.349.
Where is LG GROUPE based?
The registered office is at Rue Arthur Mahaux(BN) 35, 5021 Namur.Company details
What does LG GROUPE do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of LG GROUPE?
The legal form of LG GROUPE is Private limited company (pre-2019) (BVBA).
When was LG GROUPE founded?
LG GROUPE was founded on 01-02-2013.
Is LG GROUPE still active?
Yes, LG GROUPE is an active enterprise in the KBO register.
How many employees does LG GROUPE have?
LG GROUPE had an average of 3.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of LG GROUPE?
The turnover in financial year 2025 is ≈ €730,000. This figure is estimated from the gross margin of €250,425 and 40 comparable companies (NACE 433). It probably lies between €550,000 and €910,000.
Is LG GROUPE profitable?
In financial year 2025, LG GROUPE made a profit of €10,807.
Where can I find the annual accounts of LG GROUPE?
LG GROUPE filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LG GROUPE due?
LG GROUPE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.