LMconstruct
ActiveLMconstruct has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64k and a net result of €8k. Equity is growing by ~36.3% per year across the filed fiscal years. Its solvency ranks better than 29% of 7673 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
78
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▼-15
Solvency51▼-4
Growth78=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.25 in 2024), and 73.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2025Solvency, return and age of the figures
Solvency
26.9%
Return on assets
3.5%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
30 d early
2023
6 d early
2022
25 d early
2021
3 d early
2020
12 d early
2019
on the day
← before the deadline
after the deadline →
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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€64k▲ 14.9%
2024 · €56k
2018: €13k
2019: €19k
2020: €8k
2021: €18k
2022: €23k
2023: €47k
2024: €56k
2018 → 2025
Total assets
€238k▲ 35.1%
2024 · €176k
2018: €60k
2019: €48k
2020: €20k
2021: €36k
2022: €163k
2023: €182k
2024: €176k
2018 → 2025
Net result
€8k▼ 6.8%
2024 · €9k
2018: €4k
2019: €6k
2020: €-11k
2021: €10k
2022: €5k
2023: €24k
2024: €9k
2018 → 2025
Working capital
€28k▲ 87.5%
2024 · €15k
2018: €-12k
2019: €-5k
2020: €-10k
2021: €18k
2022: €-12k
2023: €9k
2024: €15k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18k-€23k▲ 25.9%€47k▲ 105%€56k▲ 19.1%€64k▲ 14.9%
Operating result€11k-€8k▼ 26.6%€37k▲ 375%€18k▼ 51.2%€19k▲ 4.1%
Net result€10k-€5k▼ 55.1%€24k▲ 413%€9k▼ 62.8%€8k▼ 6.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 4% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €238k
Fixed assets
€142k▲ 41.9%
Current assets
€97k▲ 26.3%
Equity and liabilities €238k
Equity
€64k▲ 14.9%
Debt
€174k▲ 44.5%
The debt ratio rises from 68.3% to 73.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€51k▲
2024 · €48k
Cash flow
€41k▲
2024 · €39k
Solvency
26.9%▼
2024 · 31.7%
Current ratio
1.41▲
2024 · 1.25
Quick ratio
1.13▼
2024 · 1.21
Debt / equity
2.71▲
2024 · 2.16
ROE
13.0%▼
2024 · 16.0%
ROA
3.5%▼
2024 · 5.1%
Interest coverage
11.23▼
2024 · 13.82
Debt
€174k▲
2024 · €120k
Debt ≤ 1 year
€68k▲
2024 · €61k
Debt > 1 year
€105k▲
2024 · €59k
Income taxes
€7k▲
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€176k€238k▲
Fixed assets21/28€100k€142k▲
Tangible fixed assets22/27€100k€142k▲
Plant, machinery and equipment23€33k€36k▲
Furniture and vehicles24€67k€106k▲
Current assets29/58€77k€97k▲
Stocks and contracts in progress3€2k€20k▲
Stocks30/36€2k€20k▲
Contracts in progress37€0-
Amounts receivable within one year40/41€31k€37k▲
Trade receivables40€25k€27k▲
Other amounts receivable41€7k€10k▲
Cash at bank and in hand54/58€42k€38k▼
Deferred charges and accrued income490/1€590€3k▲
Equity and liabilities
Total equity and liabilities10/49€176k€238k▲
Equity10/15€56k€64k▲
Contributions10/11€6k€6k=
Reserves13€50k€58k▲
Distributable reserves133€50k€58k▲
Amounts payable17/49€120k€174k▲
Amounts payable after more than one year17€59k€105k▲
Financial debts170/4€59k€105k▲
Amounts payable within one year42/48€61k€68k▲
Current portion of amounts payable after more than one year42€26k€48k▲
Trade debts44€23k€10k▼
Suppliers440/4€23k€10k▼
Taxes, remuneration and social security45€4k€11k▲
Taxes450/3€4k€11k▲
Other amounts payable47/48€9k€0▼
Accrued charges and deferred income492/3-€187
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€32k▲
Other operating charges640/8€3k€15k▲
Gross operating margin9900€51k€66k▲
Operating profit (loss)9901€18k€19k▲
Financial income75/76B€0€1k▲
Recurring financial income75€0€1k▲
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€15k€16k▲
Income taxes67/77€6k€7k▲
Profit (loss) for the period9904€9k€8k▼
Profit (loss) for the period to be appropriated9905€9k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€8k▼
Transfer to equity691/2€9k€8k▼
To other reserves6921€9k€8k▼
The notes to these accounts (20 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
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €24k ▲413%
Operating result €37k, net result €24k, both a record.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
31-12
Financial
Liquidity times 9current ratio 2.00
Current ratio from 0.21 to 2.00.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-11k ▼281%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2022
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
13-01-2022
Resigned as Manager
Location & real-estate footprint
Registered office, Lochristi · 1 establishment unit since 2015
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.
Slagmanstraat 119080 LochristiGround area
823 m²
Building footprint
206 m²
Volume, LiDAR
1,114 m³
Parcel 44034B0321/00F002, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LMconstruct
since 20152.249.469.491
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44034B0321/00F002 | Flanders | 823 m² | 1 · 206 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 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
SANDER PEERE
BE 0832.098.563
Brugge · Eq €64k
T. DAMOISEAU
BE 0680.611.386
Limbourg · Eq €64k
DACOMAT
BE 0821.548.824
Waterloo · Eq €64k
SAMIDAK
BE 0628.797.946
Leopoldsburg · Eq €64k
RM CARRIERO
BE 0723.834.487
Courcelles · Eq €64k
Of 8,483 companies in sector 43410 we hold annual accounts for 4,308. 3,708 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-2015
Fiscal year end31-12
Activities, NACEBEL
43410Roofing work
43211General electrical installation work
43221Plumbing work
43320Joinery installation
47715Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.