LIFT CONSTRUCT

Active

Private limited companyfounded 198937 yrs activeMolenberglei 16, 2627 Schelle, BelgiumKBO/BCE: BE 0437.396.952

Summary

LIFT CONSTRUCT has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €202,136 and a net result of -€65,410. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 44% of 28184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysis Watch Report Compare

LIFT CONSTRUCTActiveChecked score 47/100

Risk analysis Report Compare

Checked score

Score 2025

47 / 100

Fair

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability2▼-75

Solvency67▼-8

Growth32▼-46

Track record100

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €9,000 at 30 days acceptable

Liquidity ample (current ratio 1.68 against 1.91 in 2024; short-term debt: 58.1% and cash: 6.6% of total assets), but 58.1% of the assets are financed with debt.

Credit check for your own amount and term

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Signals

Three signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Specialised construction activities (NACE 43)

about 85% more bankruptcies

← fewer bankruptcies more bankruptcies →

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

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-03-2026, 128 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

128 d early

2024

31 d early

2023

2 d early

2022

121 d late

2021

29 d early

2020

30 d early

2019

31 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 19 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)

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

27-09-2026 today31-12-2026 close31-07-2027 deadline

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

On 12 May 1989, LIFT CONSTRUCT was incorporated.¹ In 2026 the registered office moved to Schelle.² Total assets went from EUR 395,717 in 2018 to EUR 482,498 in 2025 and headcount from 4 to 4.7 full-time equivalents.³

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Financials · fiscal year 2025, micro schema

In the rankings #6 oldest company in Schelle, Construction sector

Equity

€202,136▼ 24.4%

2024 · €267,546

Total assets

€482,498▼ 10.0%

2024 · €536,284

Net result

-€65,410

2024 · €35,800

Working capital

€191,667▼ 21.6%

2024 · €244,336

Trend over the years

Chart Table

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€4,613▼ 57.0%€39,099▲ 748%€11,644▼ 70.2%€57,552▲ 394%-€56,515

Net result-€5,702€22,584€1,645▼ 92.7%€35,800▲ 2,077%-€65,410

Equity€207,517▼ 2.7%€230,101▲ 10.9%€231,745▲ 0.7%€267,546▲ 15.4%€202,136▼ 24.4%

Total assets€405,436▲ 20.8%€505,816▲ 24.8%€477,379▼ 5.6%€536,284▲ 12.3%€482,498▼ 10.0%

Debt€197,920▲ 61.7%€275,715▲ 39.3%€245,633▼ 10.9%€268,738▲ 9.4%€280,363▲ 4.3%

Working capital€158,413▼ 17.4%€179,665▲ 13.4%€193,582▲ 7.7%€244,336▲ 26.2%€191,667▼ 21.6%

Staff (FTE)3.6▼ 16.3%4.3▲ 19.4%4.3=4.5▲ 4.7%4.7▲ 4.4%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €56,515 after €57,552 in 2024, the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €482,498

97.8%

Fixed assets €10,468 ▼ 54.9%

Current assets €472,030 ▼ 8.0%

Equity and liabilities €482,498

41.9%

58.1%

Equity €202,136 ▼ 24.4%

Debt €280,363 ▲ 4.3%

Debt's share of the balance-sheet total rises from 50.1% to 58.1%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

-€43,727▼

2024 · €72,551

Cash flow

-€52,622▼

2024 · €50,800

Current ratio

1.68▼

2024 · 1.91

Quick ratio

0.40▼

2024 · 0.50

Debt to equity

1.39▲

2024 · 1.00

ROE

-32.4%▼

2024 · 13.4%

ROA

-13.6%▼

2024 · 6.7%

Interest coverage

-4.88▼

2024 · 6.40

Debt ≤ 1 year

€280,363▲

2024 · €268,738

Income taxes

€385▼

2024 · €11,639

Staff costs

€267,836▲

2024 · €245,395

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,827 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.

Micro
20 years or older
solvency 30% or more
a loss of 10% of the balance sheet or more

1.5% went bankrupt

14% stopped otherwise

84% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.4%
3	0.5%	0.5%
4	0.6%	0.7%
5	0.8%	0.9%
6	1.2%	1.3%
7	1.5%	1.6%
8	1.7%	1.7%
9	2.7%	2.8%
10	5.3%	5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,827 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines

Balance sheet Code20242025

Assets

Total assets20/58€536,284€482,498▼

Fixed assets21/28€23,210€10,468▼

Tangible fixed assets22/27€14,620€1,832▼

Plant, machinery and equipment23€1,776€1,301▼

Furniture and vehicles24€12,844€531▼

Financial fixed assets28€8,590€8,636▲

Current assets29/58€513,074€472,030▼

Stocks and contracts in progress3€379,998€360,360▼

Stocks30/36€361,379€343,752▼

Contracts in progress37€18,619€16,608▼

Amounts receivable within one year40/41€105,396€73,998▼

Trade receivables40€105,396€64,051▼

Other amounts receivable41-€9,947

Cash at bank and in hand54/58€27,680€31,759▲

Deferred charges and accrued income490/1-€5,913

Equity and liabilities

Total equity and liabilities10/49€536,284€482,498▼

Equity10/15€267,546€202,136▼

Contributions10/11€111,552€111,552=

Reserves13€155,994€90,583▼

Distributable reserves133€155,994€90,583▼

Amounts payable17/49€268,738€280,363▲

Amounts payable within one year42/48€268,738€280,363▲

Current portion of amounts payable after more than one year42-€11,000

Financial debts43€69,770€68,335▼

Credit institutions430/8€69,770€68,335▼

Trade debts44€106,701€118,033▲

Suppliers440/4€106,701€118,033▲

Taxes, remuneration and social security45€21,407€30,543▲

Taxes450/3€14,998€16,309▲

Remuneration and social security454/9€6,408€14,234▲

Other amounts payable47/48€70,860€52,452▼

Income statement Code20242025

Remuneration, social security and pensions62€245,395€267,836▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,999€12,788▼

Other operating charges640/8€2,933€3,325▲

Gross operating margin9900€320,879€227,434▼

Operating profit (loss)9901€57,552-€56,515▼

Financial income75/76B€1,215€449▼

Recurring financial income75€1,215€449▼

Financial charges65/66B€11,328€8,960▼

Recurring financial charges65€11,328€8,960▼

Profit (loss) for the period before taxes9903€47,440-€65,026▼

Income taxes67/77€11,639€385▼

Profit (loss) for the period9904€35,800-€65,410▼

Profit (loss) for the period to be appropriated9905€35,800-€65,410▼

Appropriation of the result

Profit (loss) to be appropriated9906€35,800-€65,410▼

Transfer from equity791/2-€65,410

Transfer to equity691/2€35,800-

To other reserves6921€35,800-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Remuneration, social security and pensions62	€165,052	€174,520	€206,768	€245,395	€267,836	▲ 9.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€14,605	€16,470	€16,500	€14,999	€12,788	▼ 14.7%
Other operating charges640/8	€9,769	€2,698	€3,931	€2,933	€3,325	▲ 13.4%
Gross operating margin9900	€194,039	€232,788	€238,844	€320,879	€227,434	▼ 29.1%
Operating profit (loss)9901	€4,613	€39,099	€11,644	€57,552	-€56,515	▼ 198%
Financial income75/76B	€71	€134	€454	€1,215	€449	▼ 63.0%
Recurring financial income75	€71	€134	€454	€1,215	€449	▼ 63.0%
Financial charges65/66B	€9,010	€8,493	€8,112	€11,328	€8,960	▼ 20.9%
Recurring financial charges65	€9,010	€8,493	€8,112	€11,328	€8,960	▼ 20.9%
Profit (loss) for the period before taxes9903	-€4,327	€30,740	€3,985	€47,440	-€65,026	▼ 237%
Income taxes67/77	€1,375	€8,156	€2,341	€11,639	€385	▼ 96.7%
Profit (loss) for the period9904	-€5,702	€22,584	€1,645	€35,800	-€65,410	▼ 283%
Profit (loss) for the period to be appropriated9905	-€5,702	€22,584	€1,645	€35,800	-€65,410	▼ 283%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€405,436	€505,816	€477,379	€536,284	€482,498	▼ 10.0%
Fixed assets21/28	€54,585	€50,436	€38,163	€23,210	€10,468	▼ 54.9%
Tangible fixed assets22/27	€46,073	€41,918	€29,619	€14,620	€1,832	▼ 87.5%
Plant, machinery and equipment23	€672	€448	€2,475	€1,776	€1,301	▼ 26.7%
Furniture and vehicles24	€45,400	€41,469	€27,144	€12,844	€531	▼ 95.9%
Financial fixed assets28	€8,512	€8,518	€8,544	€8,590	€8,636	▲ 0.5%
Current assets29/58	€350,852	€455,380	€439,216	€513,074	€472,030	▼ 8.0%
Stocks and contracts in progress3	€198,737	€315,735	€315,284	€379,998	€360,360	▼ 5.2%
Stocks30/36	€140,627	€274,381	€275,501	€361,379	€343,752	▼ 4.9%
Contracts in progress37	€58,110	€41,354	€39,783	€18,619	€16,608	▼ 10.8%
Amounts receivable within one year40/41	€137,728	€109,467	€102,268	€105,396	€73,998	▼ 29.8%
Trade receivables40	€134,102	€106,830	€99,603	€105,396	€64,051	▼ 39.2%
Other amounts receivable41	€3,626	€2,637	€2,665	-	€9,947	-
Cash at bank and in hand54/58	€14,388	€30,178	€21,663	€27,680	€31,759	▲ 14.7%
Deferred charges and accrued income490/1	-	-	-	-	€5,913	-
Equity and liabilities
Total equity and liabilities10/49	€405,436	€505,816	€477,379	€536,284	€482,498	▼ 10.0%
Equity10/15	€207,517	€230,101	€231,745	€267,546	€202,136	▼ 24.4%
Contributions10/11	€111,552	€111,552	€111,552	€111,552	€111,552	=
Reserves13	€95,965	€118,549	€120,193	€155,994	€90,583	▼ 41.9%
Non-distributable reserves130/1	€11,155	€11,155	-	-	-	-
Reserves not available under the articles1311	€11,155	€11,155	-	-	-	-
Distributable reserves133	€84,809	€107,394	€120,193	€155,994	€90,583	▼ 41.9%
Amounts payable17/49	€197,920	€275,715	€245,633	€268,738	€280,363	▲ 4.3%
Amounts payable after more than one year17	€5,480	-	-	-	-	-
Financial debts170/4	€5,480	-	-	-	-	-
Amounts payable within one year42/48	€192,439	€275,715	€245,633	€268,738	€280,363	▲ 4.3%
Current portion of amounts payable after more than one year42	€23,590	€7,128	-	-	€11,000	-
Financial debts43	€67,522	€65,782	€53,368	€69,770	€68,335	▼ 2.1%
Credit institutions430/8	€67,522	€65,782	€51,773	€69,770	€68,335	▼ 2.1%
Other loans439	-	-	€1,595	-	-	-
Trade debts44	€62,751	€123,352	€116,991	€106,701	€118,033	▲ 10.6%
Suppliers440/4	€62,751	€123,352	€116,991	€106,701	€118,033	▲ 10.6%
Taxes, remuneration and social security45	€7,718	€32,099	€22,909	€21,407	€30,543	▲ 42.7%
Taxes450/3	€3,220	€17,564	€8,071	€14,998	€16,309	▲ 8.7%
Remuneration and social security454/9	€4,499	€14,536	€14,838	€6,408	€14,234	▲ 122%
Other amounts payable47/48	€30,858	€47,354	€52,365	€70,860	€52,452	▼ 26.0%

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	-€5,702	€22,584	€1,645	€35,800	-€65,410	▼ 283%
+ Depreciation and write-downs630	€14,605	€16,470	€16,500	€14,999	€12,788	▼ 14.7%
Operating cash flow (approximation)	€8,903	€39,054	€18,145	€50,800	-€52,622	▼ 204%
Investment in fixed assets (approximation)	-	-€12,321	-€4,228	-€46	-€46	▲ 0.9%
Change in cash	-	€15,791	-€8,515	€6,016	€4,079	▼ 32.2%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

All 14Financial 3Gazette 1Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

05-08

State Gazette act Resignation: Boudewijn VAN HAUWE (director)

Appointments: Boudewijn VAN HAUWE, Hiigh BV and Lennert SWAEB · Permanent representative: Gert VROONEN · Director discharge9 facts ▸

General meeting, 29-06-2026
Director resignation, Boudewijn VAN HAUWE (director)
Director discharge, Boudewijn VAN HAUWE
Director appointment, Boudewijn VAN HAUWE (director)
Director appointment, Hiigh BV (director and managing director)
Permanent representative, Gert VROONEN (permanent representative)
Registered-office move, Molenberglei 16, 2627 Schelle
Board meeting, 29-06-2026
Director appointment, Lennert SWAEB (day-to-day manager)

25-03

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Weakest financial yearnet -€65,410

Net result drops to -€65,410, the lowest in the series.

30-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2018net €35,800 ▲2,077%

Operating result €57,552, net result €35,800, both a record.

29-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

29-11

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 121 days late

2022

31-12

Financial Back to profitnet €22,584

Net result €22,584 after one loss-making year.

02-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

01-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

30-06

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

2019

26-06

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

25-06

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

26-06

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

1 of 2 acts read

About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

under verification, last change in 2026

This board is reconstructed from a single act (26100808). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

Board 2

Boudewijn VAN HAUWE

Director · since 29-06-2026

Current

HIIGH

Director and managing director · since 29-06-2026 · Private limited company · perm. rep.: Gert VROONEN

Current

Day-to-day management 2

HIIGH

Director and managing director · since 29-06-2026 · Private limited company · perm. rep.: Gert VROONEN

Current

Lennert SWAEB

Day-to-day manager · since 29-06-2026

Current

Permanent representatives 1

Gert VROONEN

Permanent representative · since 29-06-2026 · for HIIGH

Current

Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →

Not every act has been read: a resignation may be missing here

1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Schelle · 1 establishment unit since 1989

seat establishment The establishment unit on the map

Ground area

2,496 m²

Building footprint

1,005 m²

Volume, LiDAR

7,771 m³

2 parcels, Flanders · tallest building 18.3 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

LIFT CONSTRUCT BVBA

Lange Lobroekstraat 183, 2060 AntwerpenNACE 28520

since 19892.043.447.431

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11807G0260/00X000	Flanders	1,550 m²	1 · 572 m²	18.3 m · 2 fl.
11038C0332/00Z000	Flanders	946 m²	1 · 433 m²	8.1 m · 2 fl.

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.

Mandate history

3 people since 2026, 3 in office

All 3 In office 3

Board
Day-to-day management
began earlier

Mandates per person, with start and end dates
Name	Functions and periods
Boudewijn VAN HAUWE	Director, already before 29-06-2026 to date
HIIGH	Director and managing director, from 29-06-2026 to date Director and managing director, from 29-06-2026 to date
Lennert SWAEB	Day-to-day manager, from 29-06-2026 to date

See the board, name and seat on a given date →

Articles of association

Who signs

“De vennootschap wordt vertegenwoordigd door hetzij twee bestuurders gezamenlijk, hetzij door de gedelegeerd bestuurder voor wat betreft het dagelijks bestuur.”

according to the deed of 05-08-2026

Structure & network

Connections & network

3 current directors

Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

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Of 4,093 companies in sector 43240 we hold annual accounts for 1,634. 1,288 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPrivate limited company

Founded12-05-1989

Fiscal year end31-12

Activities, NACEBEL 2025

43211General electrical installation work

43240Other construction installation

E-invoicing

Reachable via Peppol

Peppol ID 0208:0437396952

Also 9925:BE0437396952

Registered 08-04-2025

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