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LKM CONSTRUCT

Active
Private limited companyfounded 20224 yrs activeBergensesteenweg 24, 1600 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 0788.637.615
Summary

The computed 12-month bankruptcy probability of LKM CONSTRUCT is 7.0% (elevated). The 2024 annual accounts show equity of €43,961 and a net result of €33,541. Its solvency ranks better than 82% of 5897 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2024
59 / 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency99
Growth-
Track record71
Bankruptcy probability, 12 months
7.0% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days only on tighter terms
Liquidity ample (current ratio 3.72; short-term debt: 26.2% and cash: 0% of total assets), and 26.2% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-08-2025, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
13 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 13 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

LKM CONSTRUCT was incorporated on 15 July 2022 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€43,961
Total assets
€59,601
Net result
€33,541
Working capital
€42,559

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

Balance-sheet composition
Assets €59,601
Fixed assets €1,402
Current assets €58,199
Equity and liabilities €59,601
Equity €43,961
Debt €15,640
Debt finances 26.2% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€41,374
Cash flow
€33,639
Current ratio
3.72
Debt to equity
0.36
ROE
76.3%
ROA
56.3%
Interest coverage
104.85
Debt ≤ 1 year
€15,640
Income taxes
€8,670

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 7.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

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 39,278 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
Filed annual accounts As filed with the NBB · 2024 · 33 lines
Balance sheet Code2024
Assets
Total assets20/58€59,601
Fixed assets21/28€1,402
Tangible fixed assets22/27€1,402
Furniture and vehicles24€1,402
Current assets29/58€58,199
Amounts receivable within one year40/41€57,591
Trade receivables40€9,566
Other amounts receivable41€48,025
Cash at bank and in hand54/58€19
Deferred charges and accrued income490/1€589
Equity and liabilities
Total equity and liabilities10/49€59,601
Equity10/15€43,961
Profit (loss) carried forward14€43,961
Amounts payable17/49€15,640
Amounts payable within one year42/48€15,640
Trade debts44€121
Suppliers440/4€121
Taxes, remuneration and social security45€15,519
Taxes450/3€11,519
Remuneration and social security454/9€4,000
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€98
Gross operating margin9900€41,374
Operating profit (loss)9901€41,276
Financial income75/76B€1,330
Recurring financial income75€1,330
Financial charges65/66B€395
Recurring financial charges65€395
Profit (loss) for the period before taxes9903€42,211
Income taxes67/77€8,670
Profit (loss) for the period9904€33,541
Profit (loss) for the period to be appropriated9905€33,541
Appropriation of the result
Profit (loss) to be appropriated9906€43,961
Profit (loss) brought forward from the previous period14P€10,420

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

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€98
Gross operating margin9900€41,374
Operating profit (loss)9901€41,276
Financial income75/76B€1,330
Recurring financial income75€1,330
Financial charges65/66B€395
Recurring financial charges65€395
Profit (loss) for the period before taxes9903€42,211
Income taxes67/77€8,670
Profit (loss) for the period9904€33,541
Profit (loss) for the period to be appropriated9905€33,541
Line2024
Assets
Total assets20/58€59,601
Fixed assets21/28€1,402
Tangible fixed assets22/27€1,402
Furniture and vehicles24€1,402
Current assets29/58€58,199
Amounts receivable within one year40/41€57,591
Trade receivables40€9,566
Other amounts receivable41€48,025
Cash at bank and in hand54/58€19
Deferred charges and accrued income490/1€589
Equity and liabilities
Total equity and liabilities10/49€59,601
Equity10/15€43,961
Profit (loss) carried forward14€43,961
Amounts payable17/49€15,640
Amounts payable within one year42/48€15,640
Trade debts44€121
Suppliers440/4€121
Taxes, remuneration and social security45€15,519
Taxes450/3€11,519
Remuneration and social security454/9€4,000
Line2024
Profit (loss) for the period9904€33,541
+ Depreciation and write-downs630€98
Operating cash flow (approximation)€33,639

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

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Timeline · acts, filings and financial milestones

2025
13-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
17-01
KBO administration Address struck
SignalNBB filing
0 of 12 acts read
About the unread acts

We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
12 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Pieters-Leeuw · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1,699 m²
Building footprint
458 m²
Volume, LiDAR
3,856 m³
2 parcels, Brussels, Flanders · tallest building 13.4 m, ±4 floors. Linked by address, not a title deed.
515 companies at this address See who is registered here
1 establishment unit
LKM CONSTRUCT
Honoré Longtinstraat 144, 1090 JetteGeneral construction of buildings
since 20222.333.531.770
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23077A0118/00W082 Flanders 1,638 m² 1 · 398 m² 9.5 m · 3 fl.
21464D0100/00Z000 Brussels 60 m² 1 · 60 m² 13.4 m · 4 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.

Similar companies · same sector, comparable size

Of 6,996 companies in sector 81220 we hold annual accounts for 2,415. 1,997 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
Founded15-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
41001General construction of residential buildings
43110Demolition
E-invoicing
Reachable via Peppol
Peppol ID 0208:0788637615
Also 9925:BE0788637615

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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