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LIGNA CONSTRUCT

Active Private limited companyfounded 2012active for 14 yearsMercatorstraße 16, 4780 Saint-VithKBO/BCE: BE 0844.691.638 subsidiary of

Lifetime

14 annual accounts with figures on one time axis
peak €1.0m (2016)
-€866,614▼ €740,655
lowest -€894,399 (2025)
-€894,399▼ €776,336
peak €169,885 (2016)
-€1.1m▼ €894,399
€2.0m▲ 91.8%
peak 14 FTE (2017)
-not published
Board9 names since 2014
5 directors and 4 others
Owners2 names in the annual accounts
99%
Documentsfilings and deeds
20-07-202611 days before the deadline
2025abbreviated format
Gross margin from -€125,960 to -€866,614Loss of €894,399Equity from -€186,890 to -€1.1mDebts from €1.0m to €2.0mInvestments €26,110Cash from €14,209 to €1,944

Key points

from the 2025 annual accounts

Equity

-€1.1m
202020212022202320242025

Debts exceed assets in financial year 2025.

Result

-€894,399 ▼ 658%
-€118,0002024-€894,0002025

The result fell in 2025: different schema filed.

Debts

€2.0m 224% of the balance sheet
Financial debts 0%Suppliers 12%Taxes and wages 0%Other 88%

Of this, €1.9m falls due within a year.

Investments

€26,110 4.2 × depreciation
2021202220242025

Green is investment, beige is depreciation. Machinery stands 209.0% higher than in 2024.

Filings

13 annual accounts 14 filings since 2013
AprilJune31 JulyOctober201520202025

Five of the last ten came late. The 2017 accounts came latest: 31 days after the end of the period.

Position in the sector

-124.4%

Lower solvency than 95% of companies in construction of buildings. Sector median 36.1% · 2,651 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 600 companies had the same profile as LIGNA CONSTRUCT has now. Each dot stands for 2 companies, two years later.

83.2%
were still trading
6.3%
stopped another way
9.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 1.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 600 companies, not a prediction for LIGNA 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

Board and ownership

Director,
Director,
Director,
Director,
Director,
  • 99%score equity €683,063 (2025) · 30-06-2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0844691638
1 director appointed · Permanent representatives: and · General meeting of 12-11-2024 · Gazette deed
1 director resigning · Permanent representatives: and · Director discharge: · General meeting of 28-06-2024 · Gazette deed
Changes of role: , and Permanent representatives: , and · Gazette deed
All 31 events

Comparable companies

same main activity, similar in size and age
Company
LIGNA CONSTRUCT Saint-Vith €869,044 -€866,614 -124.4% -
MOVE Schilde €674,297 -€23,278 45.9% -
Antonius RE Development Ghent €740,663 -€51,218 84.1% -
ANTHEUNIS NICO Knokke-Heist €726,816 -€2,476 17.0% -
BOUWGROEP NITO Nieuwpoort €570,876 -€4,775 99.9% -
Assistentiewoningen Oosterzele Sint-Lievens-Houtem €673,952 -€1,958 99.9% -
SOLID JOBS Ypres €591,514 -€10,497 -245.0% -

These companies have the same main activity as LIGNA CONSTRUCT: general construction of other non-residential buildings (NACE 41003). They are comparable in size and age: total assets between €571,000 and €741,000, founded between 2008 and 2016.

Official details

Source: KBO
Status
Active since 20-03-2012Normal situation
Activity
General construction of other non-residential buildingsNACE 41003and 5 others
Establishment unit
2.209.192.7174780 Saint-Vith, since 11-05-2012
Financial year end
31 December
Peppol
Reachable since 09-01-2026
Company details

Annual accounts 2025

€869,044▲ 4.7%
Filing
Filed on 20-07-2026, 11 days before the end of the filing period
Financials

Insights on LIGNA CONSTRUCT

LIGNA CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin fell from €225,777 in 2013 to -€866,614 in 2025.

holds 99% of the shares.

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 LIGNA CONSTRUCT

What is the company number of LIGNA CONSTRUCT?
The company number of LIGNA CONSTRUCT is 0844.691.638. The VAT number is the same number with BE in front: BE 0844.691.638.
Where is LIGNA CONSTRUCT based?
The registered office is at Mercatorstraße 16, 4780 Saint-Vith.Company details
What does LIGNA CONSTRUCT do?
According to the KBO register, the main activity is general construction of other non-residential buildings (NACE 41003).
What is the legal form of LIGNA CONSTRUCT?
LIGNA CONSTRUCT is a private limited company (BV).
When was LIGNA CONSTRUCT founded?
LIGNA CONSTRUCT was founded on 20-03-2012.
Is LIGNA CONSTRUCT still active?
Yes, LIGNA CONSTRUCT is an active enterprise in the KBO register.
How many employees does LIGNA CONSTRUCT have?
LIGNA CONSTRUCT had an average of 0.6 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of LIGNA CONSTRUCT?
The annual accounts for financial year 2025 state no turnover.
Is LIGNA CONSTRUCT profitable?
In financial year 2025, LIGNA CONSTRUCT made a loss of €894,399.
Where can I find the annual accounts of LIGNA CONSTRUCT?
LIGNA CONSTRUCT filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LIGNA CONSTRUCT due?
LIGNA CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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