LGV VAZ
The computed 12-month bankruptcy probability of LGV VAZ is 0.7% (low). The 2024 annual accounts show equity of €19k and a net result of €0. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 24% of 1707 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €19k |
| Net result | €0 |
| Better than sector | 24% |
| Active | 5 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 0.3% | 14.4% | |
| Net result | €0 | €0 | |
| Equity | €19k | €109k | |
| Gross operating margin | €-8k | €51k | |
| Total assets | €5.79M | €1.50M |
Show 5 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | - |
| Net profit | €0 |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €5.79M |
| Equity | €19k |
| Debt | €5.77M |
| of which ≤ 1y | €3.14M |
| of which > 1y | €2.62M |
| Working capital | €2.64M |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.84 |
| Quick ratio | 0.11 |
| Working capital ratio | 45.7% |
| Solvency | 0.3% |
| Debt / equity | 311.61 |
| Long-term debt ratio | 141.84 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 0.0% |
| ROE | 0.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (19 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €5.79M |
| Current assets | 29/58 | €5.79M |
| Stocks & contracts in progress | 3 | €5.43M |
| Amounts receivable within one year | 40/41 | €296k |
| Cash & bank | 54/58 | €62k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €5.79M |
| Equity | 10/15 | €19k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €16k |
| Amounts payable | 17/49 | €5.77M |
| Amounts payable after one year | 17 | €2.62M |
| Amounts payable within one year | 42/48 | €3.14M |
| Trade debts payable within one year | 44 | €64k |
| Income statement | ||
| Gross operating margin | 9900 | €-8k |
| Operating result | 9901 | €-9k |
| Financial income | 75 | €9k |
| Result before taxes | 9903 | €0 |
| Net result for the period | 9904 | €0 |
| Result to be appropriated | 9905 | €0 |
Former directors (1)
-
Former- → 24-04-2024
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Moore AuditCurrent Statutory auditor · represented by Johan Van Mieghem |
- | 09-06-2021 → present |
| NACE primary | Ontwikkeling van residentiële bouwprojecten(68121) |
| Legal form | Private limited company(610) |
| Incorporation | 12-10-2020 |
| Status | Active |
| Postal code | 3020 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24422F0369/00V000 | Flanders | 1,131 m² | 1 · 226 m² | 4.4 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
29-05-2026 Permanent representative · Officer discharge · Act object
- Filing: 2029-05-20 · LGV VAZ
- Publication: 2026-05-29 · LGV VAZ
- Permanent representative: date: 2025-10-31, action: removal, context: commissarismandaat · Moore Audit BV
- Permanent representative: date: 2025-10-31, action: appointment, context: commissarismandaat · Moore Audit BV
- Officer discharge: date: 2025-10-31, role: vaste vertegenwoordiger · Johan Van Mieghem
- Act object: KENNISNAME WIJZIGING VASTE VERTEGENWOORDIGER COMMISSARIS
Technical details
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}04-06-2024 Stefaan Bettens resigns as director
- Stefaan Bettens, Bestuurder
Technical details
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}30-08-2023 Moore Audit BV appointed as statutory auditor
- Moore Audit BV, Commissaris
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}09-06-2021 Johan Van Mieghem appointed as statutory auditor
- Johan Van Mieghem, Commissaris
Technical details
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}19-10-2020 Incorporation of a new BV
Technical details
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}| Legal nameNL | LGV VAZ |