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LMV CONSTRUCT

Active Private limited companyfounded 2010active for 16 yearsGrote Molenstraat 77, 8980 ZonnebekeKBO/BCE: BE 0821.918.612 #10 company by total assets in Zonnebeke, Manufacturing sector

Lifetime

15 annual accounts with figures on one time axis
peak €1.2m (2025)
€1.2m▲ 86.1%
peak €251,415 (2025)
€251,415▲ 454%
peak €1.3m (2025)
€1.3m▲ 24.7%
€3.2m▲ 18.4%
peak 7.6 FTE (2023)
6.3 FTE▼ 17.1%
Board2 names since 2009
2 directors and 1 other
Documentsfilings and deeds
13-04-202617 days before the deadline
2025abbreviated format
Gross margin from €668,244 to €1.2mResult from €45,410 to €251,415Staff from 7.6 FTE to 6.3 FTEEquity from €1.0m to €1.3mDebts from €2.7m to €3.2mCash from €57,734 to €131,027

Key points

from the 2025 annual accounts

Equity

€1.3m ▲ 24.7%

LMV CONSTRUCT has made a profit in every financial year since 2011.

Result

€251,415 ▲ 454%
€45,4002024€251,0002025

The result rose in 2025 from €45,410 to €251,415.

Turnover

≈ €2.1m estimated

The abbreviated format states no turnover.

Debts

€3.2m 72% of the balance sheet
Financial debts 26%Suppliers 58%Taxes and wages 4%Other 12%

Of this, €2.5m falls due within a year.

Staff

7 employees on 30-09-2025
122021102022322023322024022025

In 2025, nobody joined and 2 people left.

Filings

15 annual accounts since 2011
deadline201520202025

Six of the last ten came late. The 2023 accounts came latest: 162 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,053 companies had the same profile as LMV CONSTRUCT has now. Each dot stands for 13 companies, two years later.

95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 5,053 companies, not a prediction for LMV CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0821918612
Changes of role: (director) and (director) “Het verstrekken van adviezen in de ruimste zin van het woord; Het verstrekken van operationeel en…” (deed in Dutch) · Gazette deed
Environmental permit granted Nieuwbouw of aanleggen · Zonnebeke
Environmental permit granted Bouwen of herbouwen, Nieuwbouw of aanleggen · Zonnebeke
All 27 events

Comparable companies

same main activity, similar in size and age
Company
LMV CONSTRUCT Zonnebeke €4.5m €1.2m 28.4% 6.3
SEAQX Beveren-Kruibeke-Zwijndrecht €4.3m €1.4m 46.9% 5.1
BECONA Diest €4.3m €1.1m 84.9% 6.5
MATRIXDECOR Tielt €6.0m €1.6m 50.7% 5.8
CNC.Solutions Menen €4.3m €1.0m 20.3% 8.5
B-Line Metaalconstructies Veurne €5.8m €1.3m 58.3% 9
PW Equipment Wingene €5.9m €2.1m 81.3% 5.5

These companies have the same main activity as LMV CONSTRUCT: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €4.3m and €6m, founded between 2006 and 2010.

Official details

Source: KBO
Status
Active since 04-01-2010Normal situation
Activity
Manufacture of metal structures and parts of structuresNACE 25110and 5 others
Joint committee
124Construction · annual accounts 30-09-2025
Establishment unit
2.183.862.2558980 Zonnebeke, since 31-12-2009
Financial year end
30 September
Peppol
Reachable since 27-03-2026
Company details

Annual accounts to 30-09-2025

€4.5m▲ 20.2%
Employeeson 30-09-2025
7▲ 133%
Filing
Filed on 13-04-2026, 17 days before the end of the filing period
Financials

Insights on LMV CONSTRUCT

LMV CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin rose from €377,299 in 2011 to €1.2m in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about LMV CONSTRUCT

What is the company number of LMV CONSTRUCT?
The company number of LMV CONSTRUCT is 0821.918.612. The VAT number is the same number with BE in front: BE 0821.918.612.
Where is LMV CONSTRUCT based?
The registered office is at Grote Molenstraat 77, 8980 Zonnebeke.Company details
What does LMV CONSTRUCT do?
According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of LMV CONSTRUCT?
LMV CONSTRUCT is a private limited company (BV).
When was LMV CONSTRUCT founded?
LMV CONSTRUCT was founded on 04-01-2010.
Is LMV CONSTRUCT still active?
Yes, LMV CONSTRUCT is an active enterprise in the KBO register.
How many employees does LMV CONSTRUCT have?
LMV CONSTRUCT had an average of 6.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does LMV CONSTRUCT fall under?
In its 30-09-2025 annual accounts, LMV CONSTRUCT states joint committee 124 (Construction).
What is the turnover of LMV CONSTRUCT?
The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €1.2m and 1,585 comparable companies of the same size. It probably lies between €1.4m and €3.5m. It is a rough estimate.
Is LMV CONSTRUCT profitable?
In financial year 2025, LMV CONSTRUCT made a profit of €251,415.
Where can I find the annual accounts of LMV CONSTRUCT?
LMV CONSTRUCT filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LMV CONSTRUCT due?
LMV CONSTRUCT must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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