Equity
€367,564 ▲ 44.8%
Equity rose in 2025 from €253,864 to €367,564.
LGC CONSTRUCT
Lifetime
18 annual accounts with figures on one time axispeak €174,312 (2025)
€174,312▲ 19.6%
lowest -€27,797 (2012)
€113,699▲ 21.3%
peak €367,564 (2025)
€367,564▲ 44.8%
€236,176▲ 47.9%
Board3 names since 2020
1 director
Documentsfilings and deeds
29-01-20262 days before the deadline
2025micro format
Gross margin from €145,800 to €174,312Appointment: (director) 03-04Equity from €253,864 to €367,564Debts from €159,688 to €236,176
Key points
from the 2025 annual accountsDebts
€236,176 ▲ 47.9%
Debts rose by €76,488 in 2025.
Position in the sector
€113,699
Higher net result than 95% of companies in construction of buildings. Sector median €8,508 · 10,137 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 20,124 companies had the same profile as LGC CONSTRUCT has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,124 companies, not a prediction for LGC CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0882413651
Appointment: (director)
General meeting of 31-12-2024 · Gazette deed
Company renamed from TERRACONNECT to LGC CONSTRUCT
Registered office moved from Aartselaar to Steenokkerzeel · New registered office: Tervuursesteenweg 7, 1820 Steenokkerzeel · Previous registered office: Laar 24, 2630 Aartselaar · General meeting of 29-05-2020 · Gazette deed
Registered office moved within Aartselaar
New registered office: Laar 24, 2630 Aartselaar · Previous registered office: Guido Gezellestraat 3, 2630 Aartselaar · Board meeting of 07-08-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LGC CONSTRUCT Steenokkerzeel | €603,740 | €174,312 | 60.9% | - |
| Res Interieurarchitecten Boutersem | €609,882 | €153,594 | 60.8% | 3.4 |
| BOUWONDERNEMING COPPENS FREDERIK Sint-Pieters-Leeuw | €611,770 | €225,145 | 41.7% | - |
| Reubens Bouw Knokke-Heist | €608,488 | €167,197 | 34.8% | - |
| PIETERS MICHEL BOUWONDERNEMING Beveren-Kruibeke-Zwijndrecht | €607,698 | €170,663 | 95.9% | - |
| BARABAS FURNITURE Dendermonde | €594,960 | €160,770 | 20.4% | - |
| Immobouw Bart Hamme (Vl.) | €652,125 | €174,287 | 36.1% | - |
These companies have the same main activity as LGC CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €595,000 and €652,000, founded between 2005 and 2007.
Official details
Source: KBO- Status
- Active since 10-07-2006Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 7 others
- Establishment unit
- 2.155.369.0011820 Steenokkerzeel, since 14-07-2006
- Financial year end
- 30 June
- Peppol
- Reachable since 23-12-2025
Annual accounts to 30-06-2025
- ≈ €570,000estimated
- €603,740▲ 46.0%
- Filing
- Filed on 29-01-2026, 2 days before the end of the filing period
Insights on LGC CONSTRUCT
LGC CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €25,015 in 2007 to €174,312 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LGC CONSTRUCT
- What is the company number of LGC CONSTRUCT?
- The company number of LGC CONSTRUCT is 0882.413.651. The VAT number is the same number with BE in front: BE 0882.413.651.
- Where is LGC CONSTRUCT based?
- The registered office is at Tervuursesteenweg 7, 1820 Steenokkerzeel.Company details
- What does LGC CONSTRUCT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of LGC CONSTRUCT?
- LGC CONSTRUCT is a private limited company (BV).
- When was LGC CONSTRUCT founded?
- LGC CONSTRUCT was founded on 10-07-2006.
- Is LGC CONSTRUCT still active?
- Yes, LGC CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of LGC CONSTRUCT?
- The turnover in financial year 2025 is ≈ €570,000. This figure is estimated from the gross margin of €174,312 and 97 comparable companies (NACE 41001). It probably lies between €410,000 and €890,000.Financials
- Is LGC CONSTRUCT profitable?
- In financial year 2025, LGC CONSTRUCT made a profit of €113,699.
- Where can I find the annual accounts of LGC CONSTRUCT?
- LGC CONSTRUCT filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LGC CONSTRUCT due?
- LGC CONSTRUCT must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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