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LIFTEN HERBO

Active
Public limited companyfounded 1992active for 34 yearsKalvekeetdijk 209, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0447.668.064
Summary

LIFTEN HERBO has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €254,573. Equity is growing by about 2.8% per year across the filed financial years. Its solvency ranks better than 51% of 9,799 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Other construction installation
NACE 43240General electrical installation work NACE 43211
Largest employer in Knokke-Heist, Construction sector1 site
Size
€3.3mtotal assets 2025
Staff
39.1 FTE
Equity
€1.5m
Profit
€254,573
Turnover not published (abbreviated format)
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
Orona Holding · 100%
  • ORONA HOLDINGDirector · permanent representative Oier Lizarazu Iztueta
Auditor: A&C - bedrijfsrevisor BV2025 accounts 86 days early7 of 8 deeds summarised
Why 97raises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 3.61, cash €1.7mFounded in 1992Figures for financial year 2025 (filed 06-05-2026)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 75% of its sector peers (NACE 43, small)
Financial strength · tick = 2025
Strong
Solvency 70-14
equity 44.9% of total assets
Liquidity 91+13
short-term debt 24.4% · cash 50.6%
Profitability 78-21
return on assets 7.7%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,646 companies, NACE 43, small)
Last 24 months 11-2024: 0.8%highest value 12-2024: 0.1%▼ -0.7 percentage points vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.2%▲ +0.1 percentage points vs 09-2025 11-2025: < 0.1%▼ -0.2 percentage points vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €140,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.61, above the usual 1.5; short-term debt: 24.4% and cash: 50.6% of total assets), but 55.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, small): better than 61% on solvency, 97% on liquidity and 67% on profitability.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 3.61, cash €1.7m
NBB · annual accounts
lowers risk · Founded in 1992
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Figures for financial year 2025 (filed 06-05-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-05-2026, 86 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
86 days early
2025
1 day early
2024
1 day early
2023
29 days late
2022
on the day
2021
60 days late
2020
30 days late
← 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 4 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: BV A&C - Bedrijfsrevisor (statutory…Power of attorney
  2. Capital & shares · Purpose ·…Merger
  3. Amendment of the articles · RestructuringMerger · Accounting effect ·…

Key points

  • Caution: Board changedlatest change 22-01-2026 · 1 in office 1 joined · 5 left View
  • Positive: Largest employer in Knokke-Heist, Construction sectorin the Checked rankings No. 1 View
  • Controlled by Orona Holdingultimately: Orona Holding BO 100% View
  • Merger with LIFTEN BULCKEmerger on 28-07-2026 2026 View

By topic

Financials

Financial year
2025
Total assets
€3.3m
Profit
€254,573
Solvency
44.9%
Total assets▲ 59.0%
Net result
20192025
Go to Financials

Board & ownership

Board
1 member
Parent
Orona Holding · 100%
Auditor
A&C - bedrijfsrevisor BV
  • ORONA HOLDINGDirector
Go to Board & ownership

Network & group

Group
Orona Holding BO
Connected companies
1
Mergers and asset contributions
1
Go to Network & group

Timeline

Events
46
Since
1994
  1. 06-05-2026Annual accounts filed
  2. 19-03-2026Amendment of the articles
  3. 26-01-2026Amendment of the articles · Resignations &…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other construction installationNACE 43240
Founded
22-06-1992
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
73
Who signs
The sole director
Annual meeting
Last Friday of March at 11:00
Purpose
“De fabricatie, de montage en de installatie van alle liften, lastenliften…” (deed in Dutch)
Go to Articles of association

Key facts about LIFTEN HERBO

What is the company number of LIFTEN HERBO?
0447.668.064. In Belgium the VAT number is the company number with BE in front: BE 0447.668.064.
Where is LIFTEN HERBO based?
The registered office is at Kalvekeetdijk 209, 8300 Knokke-Heist.Company details
What does LIFTEN HERBO do?
According to the KBO register, the main activity is other construction installation (NACE 43240).
What is the legal form of LIFTEN HERBO?
Public limited company (NV).
When was LIFTEN HERBO founded?
On 22-06-1992.
Is LIFTEN HERBO still active?
Yes, LIFTEN HERBO is an active enterprise in the KBO register.
How many employees does LIFTEN HERBO have?
On average 39.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of LIFTEN HERBO?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is LIFTEN HERBO profitable?
In financial year 2025, LIFTEN HERBO made a profit of €254,573.
Where can I find the annual accounts of LIFTEN HERBO?
LIFTEN HERBO filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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