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LKC Construct

Open bankruptcy
Private limited companyfounded 2019Rue Haut-Douy 156, 4430 Ans, BelgiumKBO/BCE: BE 0738.533.947
Summary

A bankruptcy procedure is open for LKC Construct according to publications in the Belgian Official Gazette. The 2022 annual accounts show negative equity (-€2,270) and a net result of -€2,845.

LKC ConstructOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

The procedure

Court
Enterprise Court of Liège, Liège division
Declared bankrupt
10 March 2025
Supervising judge
Bruno Giaccio
Official Gazette
24-03-2025 (pdf) ↗search the document for 2025/112145

Deadlines

Appeal or third-party opposition until
passed on 8 April 2025Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 9 April 2025art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 24 April 2025Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 10 March 2026A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustees

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€43,547total assets 2022
Equity
-€2,270
Loss
-€2,845
Turnover not published (micro format)
Financial health
Open bankruptcy: no score
Structure
1 of 5 deeds read
Signalsraises riskOpen bankruptcyneutralFiled after the deadlineShow the evidence

Signals

Two signals.
raises riskneutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 24-08-2023, 24 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2023
not filed
2022
24 days late
2021
2 days early
2020
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 7 days after the deadline; the sector median (NACE 41) for financial year 2023 is on the deadline day, and 47% 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. OpeningEnterprise Court of Liège, Liège…
  2. Registered officeRegistered-office move · Director in…
  3. Annual accounts filedfinancial year 2022 · micro…

Financials · financial year 2022, micro format

2022 annual accounts filed late (24 days) Filed on 24 August 2023, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2023-00389878.

Equity
-€2,270
2021 · €575
Total assets
€43,547▲ 107%
2021 · €21,014
Net result
-€2,845
2021 · €1,630
Working capital
-€5,510▼ 1.5%
2021 · -€5,430
Trend over the years

2020 to 2022, 3 financial years

The operating result turns negative in 2022: a loss of €2,620 after €2,280 in 2021.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€2,620 2022 Net result-€2,845 2022

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022
Operating result-€4,053-€2,280-€2,620
Net result-€4,055below the sector's middle half-€1,630within the sector's middle half-€2,845below the sector's middle half
Equity-€1,055below the sector's middle half-€575below the sector's middle half-€2,270below the sector's middle half
Total assets€6,084below the sector's middle half-€21,014below the sector's middle half▲ 245%€43,547below the sector's middle half▲ 107%
Debt€7,139-€20,439▲ 186%€45,816▲ 124%
Working capital-€2,793below the sector's middle half--€5,430below the sector's middle half▼ 94.4%-€5,510below the sector's middle half▼ 1.5%
Solvency-17.3%below the sector's middle half-2.7%below the sector's middle half▲ 20.1pp-5.2%below the sector's middle half▼ 7.9pp
Current ratio0.61below the sector's middle half-0.73below the sector's middle half▲ 0.130.88below the sector's middle half▲ 0.14
Return on assets (ROA)-66.6%below the sector's middle half-7.8%within the sector's middle half▲ 74.4pp-6.5%below the sector's middle half▼ 14.3pp
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €43,547
Fixed assets €3,771 ▼ 37.7%
Current assets €39,776 ▲ 166%
Equity and liabilities
Equity-€2,270
Debt€45,816
Equity is negative: debt (€45,816) exceeds the balance-sheet total (€43,547).
Key figures and ratios
2022 value · change against 2021
EBITDA
-€334▼
2021 · €4,388
Cash flow
-€559▼
2021 · €3,738
Interest coverage
-1.92▼
2021 · 5.88
Debt ≤ 1 year
€45,285▲
2021 · €20,387
Income taxes
€51
Staff costs
€32,734▲
2021 · €14,782
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 39 lines
Balance sheet Code20212022
Assets
Total assets20/58€21,014€43,547▲
Fixed assets21/28€6,057€3,771▼
Tangible fixed assets22/27€6,057€3,771▼
Plant, machinery and equipment23€1,614€1,132▼
Furniture and vehicles24€4,443€2,639▼
Current assets29/58€14,957€39,776▲
Amounts receivable within one year40/41€7,900€28,035▲
Trade receivables40€6,641€20,115▲
Other amounts receivable41€1,259€7,921▲
Cash at bank and in hand54/58€5,118€9,993▲
Deferred charges and accrued income490/1€1,940€1,748▼
Equity and liabilities
Total equity and liabilities10/49€21,014€43,547▲
Equity10/15€575-€2,270▼
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€2,425-€5,270▼
Amounts payable17/49€20,439€45,816▲
Amounts payable within one year42/48€20,387€45,285▲
Trade debts44€9,000€28,505▲
Suppliers440/4€9,000€28,505▲
Taxes, remuneration and social security45€9,169€16,781▲
Taxes450/3€7,214€15,187▲
Remuneration and social security454/9€1,955€1,594▼
Other amounts payable47/48€2,218-
Accrued charges and deferred income492/3€51€531▲
Income statement Code20212022
Remuneration, social security and pensions62€14,782€32,734▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,108€2,286▲
Other operating charges640/8€1,181€589▼
Gross operating margin9900€20,352€32,989▲
Operating profit (loss)9901€2,280-€2,620▼
Financial income75/76B€96€0▼
Recurring financial income75€96€0▼
Financial charges65/66B€747€174▼
Recurring financial charges65€747€174▼
Profit (loss) for the period before taxes9903€1,630-€2,793▼
Income taxes67/77-€51
Profit (loss) for the period9904€1,630-€2,845▼
Profit (loss) for the period to be appropriated9905€1,630-€2,845▼
Appropriation of the result
Profit (loss) to be appropriated9906-€2,425-€5,270▼
Profit (loss) brought forward from the previous period14P-€4,055-€2,425▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022Change
Remuneration, social security and pensions62-€14,782€32,734▲ 121%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,195€2,108€2,286▲ 8.4%
Other operating charges640/8-€1,181€589▼ 50.2%
Gross operating margin9900€9,688€20,352€32,989▲ 62.1%
Operating profit (loss)9901-€4,053€2,280-€2,620-
Financial income75/76B-€96€0▼ 100.0%
Recurring financial income75-€96€0▼ 100.0%
Financial charges65/66B-€747€174▼ 76.7%
Recurring financial charges65€2€747€174▼ 76.7%
Profit (loss) for the period before taxes9903-€4,055€1,630-€2,793-
Income taxes67/77--€51-
Profit (loss) for the period9904-€4,055€1,630-€2,845-
Profit (loss) for the period to be appropriated9905-€4,055€1,630-€2,845-
Line202020212022Change
Assets
Total assets20/58€6,084€21,014€43,547▲ 107%
Fixed assets21/28€1,805€6,057€3,771▼ 37.7%
Tangible fixed assets22/27€1,805€6,057€3,771▼ 37.7%
Plant, machinery and equipment23-€1,614€1,132▼ 29.8%
Furniture and vehicles24-€4,443€2,639▼ 40.6%
Current assets29/58€4,279€14,957€39,776▲ 166%
Amounts receivable within one year40/41€2,650€7,900€28,035▲ 255%
Trade receivables40-€6,641€20,115▲ 203%
Other amounts receivable41-€1,259€7,921▲ 529%
Cash at bank and in hand54/58€1,044€5,118€9,993▲ 95.3%
Deferred charges and accrued income490/1-€1,940€1,748▼ 9.9%
Equity and liabilities
Total equity and liabilities10/49€6,084€21,014€43,547▲ 107%
Equity10/15-€1,055€575-€2,270-
Contributions10/11-€3,000€3,000=
Profit (loss) carried forward14-€4,055-€2,425-€5,270▼ 117%
Amounts payable17/49€7,139€20,439€45,816▲ 124%
Amounts payable within one year42/48€7,073€20,387€45,285▲ 122%
Trade debts44€3,160€9,000€28,505▲ 217%
Suppliers440/4-€9,000€28,505▲ 217%
Taxes, remuneration and social security45-€9,169€16,781▲ 83.0%
Taxes450/3-€7,214€15,187▲ 111%
Remuneration and social security454/9-€1,955€1,594▼ 18.5%
Other amounts payable47/48-€2,218--
Accrued charges and deferred income492/3-€51€531▲ 932%
Line202020212022Change
Profit (loss) for the period9904-€4,055€1,630-€2,845-
+ Depreciation and write-downs630€1,195€2,108€2,286▲ 8.4%
Operating cash flow (approximation)-€2,860€3,738-€559-
Investment in fixed assets (approximation)--€6,360€0-
Change in cash-€4,073€4,875▲ 19.7%

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

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2022 micro format 24-08-2023 2023-00389878
31-12-2021 micro format 29-07-2022 2022-20259337
31-12-2020 micro format 30-07-2021 2021-45100494

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 29,210 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,157. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 5 Gazette acts processed. See the directors and other office holders in the KBO →

Insolvency mandates

2 mandates
Role Name Tenure
Trustee Jean-Luc Paquot
Avenue Blonden 33, 4000 Liege 1
10-03-2025 → present
Trustee Philippe Moineau
Rue Louvrex 55, 4000 Liege 1
10-03-2025 → present

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

LKC Construct was incorporated on 28 November 2019 as a private limited company.1 The registered office was moved to Ans in 2025.2 Total assets rose from €6,084 in 2020 to €43,547 in 2022.3 On 10 March 2025 the company was declared bankrupt.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 06-02-2025
  3. 3National Bank, annual accounts 2020 and 2022
  4. 4Belgian Official Gazette, 24-03-2025

Acts, filings and financial milestones

2025
24-03
Bankruptcy Opening
Enterprise Court of Liège, Liège division · judgment of 10-03-2025
06-02
Gazette deed Registered office
Registered-office move · Director in office3 facts ▸
  • General meeting, 01-12-2024
  • Registered-office move, Rue Haut Douy, 156 à 4430 ANS
  • Director in office, KAYA Umit (director)
2023
24-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 24 days late
2022
29-07
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial Back to profitnet €1,630
Net result €1,630 after one loss-making year.
30-07
NBB filing Annual accounts filed
financial year 2020 · micro format
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 5 deeds read
About the unread acts

Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have 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.

Register details

Identification
Legal formPrivate limited company
Founded28-11-2019
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

Register as of 22 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Ans · 1 establishment unit since 2019
registered office establishment The establishment unit on the map
Ground area
641 m²
Building footprint
153 m²
Building volume
1,174 m³
2 parcels, Wallonia · tallest building 11.4 m. Linked by address, not a title deed.
1 establishment unit
LKC Construct
Rue de l'Espérance 169, 4000 LiègeGeneral construction of residential buildings
since 2019unit no. 2.296.784.905
2 parcels
Wallonia 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
62815C0481/00C003 Wallonia 490 m² 1 · 108 m² 11.4 m · 3
62003A0334/00M000 Wallonia 151 m² 1 · 45 m² 7.4 m · 2
How the parcels are linked
Good to know
Both parcels match the address exactly.