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LKVC

Active
Private limited companyfounded 201115 yrs activeGrote Stoppelbergen 1, 2040 Antwerpen, BelgiumKBO/BCE: BE 0836.099.121
Summary

LKVC has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €256,640 and a net result of €93,046. Equity is growing by ~89.4% per year across the filed fiscal years. Its solvency ranks better than 90% of 9557 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 9.14 against 6.78 in 2024; short-term debt: 10.3% and cash: 74.7% of total assets), and 10.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
89.7%
Return on assets
32.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filings
Deviation from the deadline
2025
31 d late
2024
18 d early
2023
20 d early
2022
11 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

LKVC was incorporated on 4 May 2011.1 Total assets rose from EUR 64,266 in 2022 to EUR 285,953 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€256,640▲ 56.9%
2024 · €163,594
Total assets
€285,953▲ 52.2%
2024 · €187,912
Net result
€93,046▼ 4.5%
2024 · €97,449
Working capital
€238,530▲ 69.6%
2024 · €140,610
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result€19,482-€36,673▲ 88.2%€145,207▲ 296%€139,654▼ 3.8%
Net result€11,824within the sector's middle half-€23,852within the sector's middle half▲ 102%€97,449above the sector's middle half▲ 309%€93,046above the sector's middle half▼ 4.5%
Equity€42,293within the sector's middle half-€66,145within the sector's middle half▲ 56.4%€163,594within the sector's middle half▲ 147%€256,640above the sector's middle half▲ 56.9%
Total assets€64,266below the sector's middle half-€82,061within the sector's middle half▲ 27.7%€187,912within the sector's middle half▲ 129%€285,953within the sector's middle half▲ 52.2%
Debt€21,973-€15,916▼ 27.6%€24,318▲ 52.8%€29,313▲ 20.5%
Working capital€34,894within the sector's middle half-€42,603within the sector's middle half▲ 22.1%€140,610above the sector's middle half▲ 230%€238,530above the sector's middle half▲ 69.6%
Solvency65.8%within the sector's middle half-80.6%above the sector's middle half▲ 14.8pp87.1%above the sector's middle half▲ 6.5pp89.7%above the sector's middle half▲ 2.7pp
Current ratio2.59within the sector's middle half-3.68within the sector's middle half▲ 1.096.78above the sector's middle half▲ 3.119.14above the sector's middle half▲ 2.36
Return on assets (ROA)18.4%within the sector's middle half-29.1%above the sector's middle half▲ 10.7pp51.9%above the sector's middle half▲ 22.8pp32.5%above the sector's middle half▼ 19.3pp
above within below the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2022: €19,482€19,482Net result 2022: €11,824€11,824Operating result 2023: €36,673€36,673Net result 2023: €23,852€23,852Operating result 2024: €145,207€145,207Net result 2024: €97,449€97,449Operating result 2025: €139,654€139,654Net result 2025: €93,046€93,0462022202320242025€0€50,000€100,000€150,000Operating result 2023: €36,673€36,700Net result 2023: €23,852€23,900Operating result 2024: €145,207€145,000Net result 2024: €97,449€97,400Operating result 2025: €139,654€140,000Net result 2025: €93,046€93,000202320242025
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €285,953
Fixed assets €18,110 ▼ 21.2%
Current assets €267,843 ▲ 62.4%
Equity and liabilities €285,953
Equity €256,640 ▲ 56.9%
Debt €29,313 ▲ 20.5%
Debt's share of the balance-sheet total falls from 12.9% to 10.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€147,529▼
2024 · €152,130
Cash flow
€100,921▼
2024 · €104,372
Debt to equity
0.11▼
2024 · 0.15
ROE
36.3%▼
2024 · 59.6%
Interest coverage
1569.29▲
2024 · 839.71
Debt ≤ 1 year
€29,313▲
2024 · €24,318
Income taxes
€46,521▼
2024 · €47,624
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.6% went bankrupt
3.8% stopped otherwise
95% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 34,679 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 · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€187,912€285,953▲
Fixed assets21/28€22,984€18,110▼
Tangible fixed assets22/27€21,984€17,110▼
Plant, machinery and equipment23-€2,005
Furniture and vehicles24€21,984€15,105▼
Financial fixed assets28€1,000€1,000=
Current assets29/58€164,927€267,843▲
Amounts receivable within one year40/41€47,004€48,390▲
Trade receivables40€47,004€33,789▼
Other amounts receivable41-€14,602
Current investments50/53-€5,000
Cash at bank and in hand54/58€117,923€213,526▲
Deferred charges and accrued income490/1-€927
Equity and liabilities
Total equity and liabilities10/49€187,912€285,953▲
Equity10/15€163,594€256,640▲
Contributions10/11€1€1=
Reserves13€163,593€256,639▲
Non-distributable reserves130/1€1€1=
Reserves not available under the articles1311€1€1=
Distributable reserves133€163,592€256,638▲
Amounts payable17/49€24,318€29,313▲
Amounts payable within one year42/48€24,318€29,313▲
Trade debts44€1,250€5,997▲
Suppliers440/4€1,250€5,997▲
Taxes, remuneration and social security45€21,381€23,316▲
Taxes450/3€21,381€23,316▲
Other amounts payable47/48€1,687-
Income statement Code20242025
Non-recurring operating income76A-€21,500
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,923€7,875▲
Other operating charges640/8€287€756▲
Gross operating margin9900€152,417€148,285▼
Operating profit (loss)9901€145,207€139,654▼
Financial income75/76B€48€7▼
Recurring financial income75€48€7▼
Financial charges65/66B€181€94▼
Recurring financial charges65€181€94▼
Profit (loss) for the period before taxes9903€145,073€139,567▼
Income taxes67/77€47,624€46,521▼
Profit (loss) for the period9904€97,449€93,046▼
Profit (loss) for the period to be appropriated9905€97,449€93,046▼
Appropriation of the result
Profit (loss) to be appropriated9906€97,449€93,046▼
Transfer to equity691/2€97,449€93,046▼
To other reserves6921€97,449€93,046▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Non-recurring operating income76A---€21,500-
Remuneration, social security and pensions62-€336€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,515€8,734€6,923€7,875▲ 13.8%
Other operating charges640/8€403€212€287€756▲ 163%
Gross operating margin9900€25,400€45,955€152,417€148,285▼ 2.7%
Operating profit (loss)9901€19,482€36,673€145,207€139,654▼ 3.8%
Financial income75/76B€5€10€48€7▼ 84.6%
Recurring financial income75€5€10€48€7▼ 84.6%
Financial charges65/66B€85€192€181€94▼ 48.1%
Recurring financial charges65€85€192€181€94▼ 48.1%
Profit (loss) for the period before taxes9903€19,402€36,492€145,073€139,567▼ 3.8%
Income taxes67/77€7,578€12,640€47,624€46,521▼ 2.3%
Profit (loss) for the period9904€11,824€23,852€97,449€93,046▼ 4.5%
Profit (loss) for the period to be appropriated9905€11,824€23,852€97,449€93,046▼ 4.5%
Line2022202320242025Change
Assets
Total assets20/58€64,266€82,061€187,912€285,953▲ 52.2%
Fixed assets21/28€7,399€23,541€22,984€18,110▼ 21.2%
Tangible fixed assets22/27€7,399€22,541€21,984€17,110▼ 22.2%
Plant, machinery and equipment23---€2,005-
Furniture and vehicles24€7,399€22,541€21,984€15,105▼ 31.3%
Financial fixed assets28-€1,000€1,000€1,000=
Current assets29/58€56,867€58,520€164,927€267,843▲ 62.4%
Amounts receivable within one year40/41€6,616€8,710€47,004€48,390▲ 2.9%
Trade receivables40€6,616€8,710€47,004€33,789▼ 28.1%
Other amounts receivable41---€14,602-
Current investments50/53---€5,000-
Cash at bank and in hand54/58€50,251€49,810€117,923€213,526▲ 81.1%
Deferred charges and accrued income490/1---€927-
Equity and liabilities
Total equity and liabilities10/49€64,266€82,061€187,912€285,953▲ 52.2%
Equity10/15€42,293€66,145€163,594€256,640▲ 56.9%
Contributions10/11€1€1€1€1=
Reserves13€42,292€66,144€163,593€256,639▲ 56.9%
Non-distributable reserves130/1€1€1€1€1=
Reserves not available under the articles1311€1€1€1€1=
Distributable reserves133€42,291€66,143€163,592€256,638▲ 56.9%
Amounts payable17/49€21,973€15,916€24,318€29,313▲ 20.5%
Amounts payable within one year42/48€21,973€15,916€24,318€29,313▲ 20.5%
Trade debts44€1,594€1,057€1,250€5,997▲ 380%
Suppliers440/4€1,594€1,057€1,250€5,997▲ 380%
Advances received on contracts in progress46€1,000----
Taxes, remuneration and social security45€17,239€10,676€21,381€23,316▲ 9.0%
Taxes450/3€17,239€10,676€21,381€23,316▲ 9.0%
Other amounts payable47/48€2,140€4,183€1,687--
Line2022202320242025Change
Profit (loss) for the period9904€11,824€23,852€97,449€93,046▼ 4.5%
+ Depreciation and write-downs630€5,515€8,734€6,923€7,875▲ 13.8%
Operating cash flow (approximation)€17,339€32,585€104,372€100,921▼ 3.3%
Investment in fixed assets (approximation)--€24,876-€6,366-€3,001▲ 52.9%
Change in cash--€441€68,114€95,603▲ 40.4%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial Equity above €200,000Eq €256,640 ▲56.9%
4 profitable years in a row build equity to €256,640.
13-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2022net €97,449 ▲309%
Operating result €145,207, net result €97,449, both a record.
31-12
Financial Equity above €150,000Eq €163,594 ▲147%
3 profitable years in a row build equity to €163,594.
11-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
20-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has 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.

Directors · office · real estate

Directors
2 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, Antwerpen · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
1,951 m²
Building footprint
147 m²
Volume, LiDAR
319 m³
Parcel 11820B0419/00H009, Flanders · tallest building 3.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
LUC KIENEN VEILIGHEIDSCOÖRDINATIE / De Stoppelbergen - Tuin-coaching
Grote Stoppelbergen 1, 2040 AntwerpenEngineering and related technical consultancy, excluding land surveyors
since 20112.201.522.391
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11820B0419/00H009 Flanders 1,951 m² 1 · 147 m² 3.4 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of LKVC and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 18,250 companies in sector 71111 we hold annual accounts for 6,321. 4,864 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
Founded04-05-2011
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID 0208:0836099121
Also 9925:BE0836099121
Registered 08-10-2025

Register as of 28 September 2026 · Peppol Directory

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