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LG UNIVERSAL

Active
Private limited companyfounded 20197 yrs activeRue de l'Usine 30, 7080 Frameries, BelgiumKBO/BCE: BE 0723.497.462
Summary

The computed 12-month bankruptcy probability of LG UNIVERSAL is 18.5% (high). The 2024 annual accounts show equity of €160,863 and a net result of €8,445. Equity is growing by ~84.8% per year across the filed fiscal years. Its solvency ranks better than 86% of 9971 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).

Risk analysisWatch ReportCompare
LG UNIVERSALActiveChecked score 19/100
Risk analysis ReportCompare

Overview

Activity
General construction of residential buildings
NACE 41001General construction of buildings NACE 41201Other specialised construction activities NACE 43990
1 site
Size
€208,576total assets 2024
Staff
1.3 FTE
Equity
€160,863
Profit
€8,445
Turnover not published (abridged schema)
Financial health
19 Critical Checked score 2024
Bankruptcy chance 12 m
18.5%
Structure
Accounts 64 d overdue0 of 4 deeds read
Why 19- 2 changes of registered office in 24 months- Figures for FY 2024 (filed 19-09-2025)- Ex-officio strike-off in the KBO- 1 financial year not filed after the legal deadline; latest accounts 46 days late; 2 of the last 3 lateShow the evidence

Checked score

Score 2024
19 / 100
Critical
Probability in this band: over 15.0%
Better than 70% of its sector peers (NACE 41, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Strong
Solvency 100+3
equity 77.1% of total assets
Liquidity 92+3
short-term debt 22.9% · cash 48.3%
Profitability 74-26
return on assets 4.0%
Bankruptcy probability, 12 months
18.5% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.6% (13,187 companies)
Last 24 months 11-2024: 1.1% 12-2024: 1.1%● 0.0% vs 11-2024 01-2025: 1.0%▼ -10.9% vs 12-2024lowest value 02-2025: 1.0%● 0.0% vs 01-2025lowest value 03-2025: 1.0%▲ +0.1% vs 02-2025 04-2025: 3.7%▲ +282% vs 03-2025 05-2025: 3.7%▼ -0.5% vs 04-2025 06-2025: 3.1%▼ -14.6% vs 05-2025 07-2025: 3.1%▼ -1.6% vs 06-2025 08-2025: 4.4%▲ +42.5% vs 07-2025 09-2025: 5.0%▲ +12.8% vs 08-2025 10-2025: 4.4%▼ -10.7% vs 09-2025 11-2025: 4.4%● 0.0% vs 10-2025 12-2025: 4.4%● 0.0% vs 11-2025 01-2026: 1.6%▼ -64.1% vs 12-2025 02-2026: 3.0%▲ +86.9% vs 01-2026 03-2026: 7.9%▲ +167% vs 02-2026 04-2026: 8.0%▲ +1.3% vs 03-2026 05-2026: 7.7%▼ -3.5% vs 04-2026 06-2026: 7.8%▲ +0.3% vs 05-2026 07-2026: 7.9%▲ +2.2% vs 06-2026 08-2026: 11.0%▲ +39.0% vs 07-2026 09-2026: 12.4%▲ +12.5% vs 08-2026 10-2026: 18.5%▲ +49.3% vs 09-2026highest value
  • 2 changes of registered office in 24 months raises the probability
  • Figures for FY 2024 (filed 19-09-2025) raises the probability
  • Ex-officio strike-off in the KBO raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 46 days late; 2 of the last 3 late raises the probability
No credit on open account
Liquidity ample (current ratio 4.28 against 3.5 in 2023; short-term debt: 22.9% and cash: 48.3% of total assets), and 22.9% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, micro). Better than this share of them on solvency 92%, liquidity 92%, profitability 50%, growth against the median 47%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 2 changes of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Figures for FY 2024 (filed 19-09-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Ex-officio strike-off in the KBO
In the bankruptcy model this factor raises the probability.
KBO publications
raises risk · 1 financial year not filed after the legal deadline; latest accounts 46 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-09-2025, 46 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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
46 d late
2023
26 d late
2022
31 d late
2021
31 d late
2020
144 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 56 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struckAddress strikeout annulled
  1. Address strikeout annulledKBO administration
  2. Address struckRue de l’Usine 1 7080…
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Caution: Result fell in 2024from €79,575 to €8,445 ▼ 89.4% View
  • Caution: Accounts not fileddeadline was 31-07-2026 64 d late View
  • Positive: Among the best 15% on solvencysector median 42.3% · 9,971 companies 77.1% View
  • Positive: 5 profitable years in a rowprofit 2024: €8,445 5 years View

By topic

Financials

Fiscal year
2024
Total assets
€208,576
Profit
€8,445
Solvency
77.1%
Total assets▼ 1.4%
Net result
20202024
Go to Financials

Timeline

Events
9
Since
2021
  1. 13-02-2026Address strikeout annulled
  2. 19-01-2026Address struck
  3. 15-09-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
22-03-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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