LL RENOVATION
ActiveSummary
The computed 12-month bankruptcy probability of LL RENOVATION is 2.5% (moderate). The 2025 annual accounts show equity of €70k and a net result of €-13k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 35% of 7453 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▲+9
Solvency54▼-10
Growth52=
Track record94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.34 against 1.58 in 2024; short-term debt: 61.2% and cash: 5.1% of total assets), and 70.7% of the assets are financed with debt.
Credit advice for your own amount and term
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.3%
Return on assets
-5.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
21222425
2021 to 2025 · latest year €-13k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 5 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
2023
31 d late
2022
31 d late
2021
30 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-13k▲ 52.0%
2024 · €-27k
2021: €34k
2022: €43k
2024: €-27k
2021 → 2025
Working capital
€49k▼ 35.6%
2024 · €76k
2021: €32k
2022: €64k
2023: €64k
2024: €76k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€79k▲ 116%€79k=€83k▲ 4.1%€70k▼ 15.6%
Operating result€45k-€51k▲ 12.9%€-26k€-12k▲ 54.3%
Net result€34k-€43k▲ 26.4%€-27k€-13k▲ 52.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12k in 2025 against €26k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €238k
Fixed assets
€43k ▲ 577%
Current assets
€195k ▼ 6.3%
Equity and liabilities €238k
Equity
€70k ▼ 15.6%
Debt
€168k ▲ 27.8%
Debt's share of the balance-sheet total rises from 61.4% to 70.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▲
2024 · €-21k
Cash flow
€-7k▲
2024 · €-21k
Current ratio
1.34▼
2024 · 1.58
Debt to equity
2.41▲
2024 · 1.59
ROE
-18.4%▲
2024 · -32.4%
ROA
-5.4%▲
2024 · -12.5%
Interest coverage
-7.43▲
2024 · -42.61
Debt ≤ 1 year
€146k▲
2024 · €131k
Debt > 1 year
€23k
Income taxes
€140
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€214k€238k▲
Fixed assets21/28€6k€43k▲
Tangible fixed assets22/27€5k€42k▲
Plant, machinery and equipment23€968€2k▲
Furniture and vehicles24€4k€40k▲
Financial fixed assets28€1k€1k=
Current assets29/58€208k€195k▼
Stocks and contracts in progress3€10k-
Stocks30/36€10k-
Amounts receivable within one year40/41€196k€181k▼
Trade receivables40€180k€181k▲
Other amounts receivable41€16k€4▼
Cash at bank and in hand54/58€820€12k▲
Deferred charges and accrued income490/1€995€2k▲
Equity and liabilities
Total equity and liabilities10/49€214k€238k▲
Equity10/15€83k€70k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€80k€67k▼
Amounts payable17/49€131k€168k▲
Amounts payable after more than one year17-€23k
Financial debts170/4-€23k
Amounts payable within one year42/48€131k€146k▲
Current portion of amounts payable after more than one year42-€6k
Trade debts44€57k€103k▲
Suppliers440/4€57k€103k▲
Advances received on contracts in progress46€56k€31k▼
Taxes, remuneration and social security45-€5k
Taxes450/3-€5k
Other amounts payable47/48€18k€228▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€97k
Other operating charges640/8€916€1k▲
Gross operating margin9900€-20k€92k▲
Operating profit (loss)9901€-26k€-12k▲
Financial income75/76B€46€182▲
Recurring financial income75€46€182▲
Financial charges65/66B€484€857▲
Recurring financial charges65€484€857▲
Profit (loss) for the period before taxes9903€-27k€-13k▲
Income taxes67/77-€140
Profit (loss) for the period9904€-27k€-13k▲
Profit (loss) for the period to be appropriated9905€-27k€-13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€80k€67k▼
Profit (loss) brought forward from the previous period14P€106k€80k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet €-27k ▼163%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Highest result since 2021net €43k ▲26.4%
Operating result €51k, net result €43k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Waterloo · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Drève Richelle 161/J1410 WaterlooGround area
1.0 ha
Building footprint
1,772 m²
Volume, LiDAR
33,713 m³
Parcel 25763M0621/00F000, Wallonia · tallest building 22.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
LL RENOVATION
since 20212.312.435.755
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763M0621/00F000indicative | Wallonia | 1.0 ha | 1 · 1,772 m² | 22.9 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel 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
Eli Construct Algemene Bouwonderneming
BE 0890.452.179
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Maasmechelen · Eq €69,784
ELCO GROUP MULTISERVICES
BE 0680.888.530
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S.J. CONSTRUCT
BE 0830.450.652
Jemeppe-sur-Sambre · Eq €69,740
T.E.S. ELECTRIC
BE 0693.764.586
Jette · Eq €69,806
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 13,232 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.