LIFTING GEAR HIRE
ActiveSummary
The computed 12-month bankruptcy probability of LIFTING GEAR HIRE is 12.4% (high). For LIFTING GEAR HIRE, at least two annual filings are missing. The 2023 annual accounts show negative equity (-€186,815) and a net result of -€228,191. Equity has been growing by about 16% per year since 2019. Its solvency ranks better than 6% of 33,162 sector peers (NACE 43, financial year 2023). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 25-06-2014 Normal situation
- Activity
- Other specialised construction activities NACE 43990and 3 others
- Joint committee
- 111 Metal, mechanical and electrical engineering · annual accounts 30-04-2023
- Establishment unit
- 2.236.794.462 2030 Antwerp, since 25-06-2014
- Financial year end
- 30 April
- Peppol
- Reachable since 18-12-2025
Board and ownership
Board
- MAULT AndrewDirector
- PARKINSON Ian WilliamDirector
- SMITH Philip Duncan GrevilleDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 12.4%
2023 figures too old to score
Annual accounts to 30-04-2023
- Gross margin
- €238,758
- ▼ 55.4%
- Turnover
- ≈ €990,000
- estimated
- Loss
- €228,191
- Equity
- -€186,815
- Total assets
- €926,486
- ▼ 21.7%
- Employees on 30-04-2023
- 4
- ▲ 33.3%
- Negative equity on 30-04-2023
- 2024 accounts not filed, 705 days past the deadline
Signalsraises risk2 financial years not filed after the legal deadline; last filed accounts filed 319 days late; 2 of the last 3 accounts lateFigures for financial year 2023 (filed on 14-10-2024)Loss of €228,191 (financial year 2023)Two or more financial years not filed2023 accounts filed 319 days latelowers riskFounded in 2014Show the evidence
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: High
Filing: At least two annual filings are missing
Financial strength, FY 2023 · tick: 2022
Weak
Solvency
5-23
equity -20.2% of total assets
Liquidity
2-19
short-term debt 95.3% · cash 1.8%
Profitability
1-69
return on assets -24.6%
Bankruptcy probability within 12 months
12.4%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 11.1%lowest value
01-2025: 11.7%▲ +0.6 percentage points vs 12-2024
02-2025: 14.2%▲ +2.5 percentage points vs 01-2025
03-2025: 13.3%▼ -0.9 percentage points vs 02-2025
04-2025: 14.3%▲ +1.0 percentage point vs 03-2025
05-2025: 16.8%▲ +2.5 percentage points vs 04-2025
06-2025: 16.8%● unchanged vs 05-2025
07-2025: 16.8%● unchanged vs 06-2025
08-2025: 15.7%▼ -1.1 percentage points vs 07-2025
09-2025: 15.7%● unchanged vs 08-2025
10-2025: 15.7%● unchanged vs 09-2025
11-2025: 15.1%▼ -0.6 percentage points vs 10-2025
12-2025: 17.6%▲ +2.5 percentage points vs 11-2025highest value
01-2026: 17.6%● unchanged vs 12-2025highest value
02-2026: 17.6%● unchanged vs 01-2026highest value
03-2026: 17.6%● unchanged vs 02-2026highest value
04-2026: 16.8%▼ -0.8 percentage points vs 03-2026
05-2026: 16.8%● unchanged vs 04-2026
06-2026: 16.8%● unchanged vs 05-2026
07-2026: 16.8%● unchanged vs 06-2026
08-2026: 16.8%● unchanged vs 07-2026
09-2026: 16.8%● unchanged vs 08-2026
10-2026: 12.4%▼ -4.4 percentage points vs 09-2026
11-2026: 12.4%● unchanged vs 10-2026
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Signals
Six signals.
lowers riskraises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-04-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filingsPosition against the passed deadline
30-04-2024 year end30-11-2024 deadline05-11-2026 today
raises risk · 2023 accounts filed 319 days late
The financial year that closed on 30-04-2023 was due by 30-11-2023 and was filed on 14-10-2024, 319 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 9 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
319 days late
2022
106 days late
2021
on the day
2020
on the day
2019
298 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 145 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2023 -€186,815 View
- Caution: Lower net result than 95% of companies in specialised constructionsector median €10,056 · 33,146 companies -€228,191 View
- Caution: From profit to loss in 2023after a profit of €13,647 in 2022 -€228,191 View
- A director leftlatest change 27-03-2026 · 5 in office 1 left View
Recent changes
- · Gazette deed Resignation: WILKINSON Donald Ashley (statutory director)
- · Gazette deed 2 directors appointed, 1 director resigningResignation: HALLIWELL Robert William (director) · Appointments: WILKINSON Donald Ashley (statutory director) and DE GELDER Kornelis (statutory director)
- · Gazette deed Registered office moved within AntwerpNew registered office: Merantistraat 2C te 2030 Antwerpen · Previous registered office: Straatsburgdok-Zuidkaai 6, magazijn 2a (Poort B) te 2030 Antwerpen
Comparable companies
These companies have the same main activity as LIFTING GEAR HIRE: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €825,000 and €1m, founded between 2012 and 2015.
| Company | Total assets | Gross margin |
|---|---|---|
| LIFTING GEAR HIRE Antwerp | €0.9m | €0.2m |
| Global COMPANY Jette | €1.0m | €0.2m |
| RIDACONSTRUCT Sint-Gillis (bij-Brussel) | €0.9m | €0.2m |
| VN CONSTRUCT Rixensart | €0.9m | €0.2m |
| JAN VANDEWAETERE Zonnebeke | €0.9m | €0.3m |
| DACCA Genk | €0.9m | €0.3m |
| VERNAEVE IVAN EN ZOON Assenede | €0.8m | €0.3m |
Key facts about LIFTING GEAR HIRE
- What is the company number of LIFTING GEAR HIRE?
- The company number of LIFTING GEAR HIRE is 0554.863.358. The VAT number is the same number with BE in front: BE 0554.863.358.
- Where is LIFTING GEAR HIRE based?
- The registered office is at Merantistraat 2C, 2030 Antwerp.Company details
- What does LIFTING GEAR HIRE do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of LIFTING GEAR HIRE?
- LIFTING GEAR HIRE is a private limited company (BV).
- When was LIFTING GEAR HIRE founded?
- LIFTING GEAR HIRE was founded on 25-06-2014.
- Is LIFTING GEAR HIRE still active?
- Yes, LIFTING GEAR HIRE is an active enterprise in the KBO register.
- How many employees does LIFTING GEAR HIRE have?
- LIFTING GEAR HIRE had an average of 3.1 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- Which joint committee does LIFTING GEAR HIRE fall under?
- In its 30-04-2023 annual accounts, LIFTING GEAR HIRE states joint committee 111 (Metal, mechanical and electrical engineering).
- What is the turnover of LIFTING GEAR HIRE?
- The turnover in financial year 2023 is ≈ €990,000. This figure is estimated from the gross margin of €238,758 and 47 comparable companies (NACE 43990). It probably lies between €650,000 and €1.8m.
- Is LIFTING GEAR HIRE profitable?
- In financial year 2023, LIFTING GEAR HIRE made a loss of €228,191.
- Where can I find the annual accounts of LIFTING GEAR HIRE?
- LIFTING GEAR HIRE filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2023.
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