Equity
€55,195 ▲ 16.9%
LO CONSTRUCT has made a profit in every financial year since 2019.
LO CONSTRUCT
Lifetime
7 annual accounts with figures on one time axispeak €41,921 (2022)
€20,893▲ 57.5%
peak €22,367 (2022)
€7,984▲ 151%
peak €55,195 (2025)
€55,195▲ 16.9%
€223,232▼ 11.1%
Documentsfilings and deeds
16-12-202546 days before the deadline
2025micro format
Gross margin from €13,263 to €20,893Result from €3,176 to €7,984Equity from €47,211 to €55,195Investments €15,434Cash from €724 to €17,012
Key points
from the 2025 annual accountsDebts
€223,232 80% of the balance sheet
Suppliers 91%Taxes and wages 9%
Investments
€15,434 2.4 × depreciation
Green is investment, beige is depreciation. Machinery stands 2842.9% higher than in 2024.
Checked score
66
Healthy
Financially stronger than 34% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.7%
01-2025: 1.8%▲ +0.1 percentage points vs 12-2024
02-2025: 2.4%▲ +0.6 percentage points vs 01-2025highest value
03-2025: 2.0%▼ -0.4 percentage points vs 02-2025
04-2025: 2.0%● unchanged vs 03-2025
05-2025: 2.0%● unchanged vs 04-2025
06-2025: 2.0%● unchanged vs 05-2025
07-2025: 2.0%● unchanged vs 06-2025
08-2025: 2.0%● unchanged vs 07-2025
09-2025: 2.0%● unchanged vs 08-2025
10-2025: 2.0%● unchanged vs 09-2025
11-2025: 1.9%▼ -0.1 percentage points vs 10-2025
12-2025: 1.9%● unchanged vs 11-2025
01-2026: 1.1%▼ -0.8 percentage points vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.0%▼ -0.1 percentage points vs 02-2026
04-2026: 1.0%● unchanged vs 03-2026
05-2026: 1.0%● unchanged vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 1.0%● unchanged vs 06-2026
08-2026: 0.9%▼ -0.1 percentage points vs 07-2026
09-2026: 0.9%● unchanged vs 08-2026
10-2026: 0.9%● unchanged vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
Liquidity: current ratio 1.15, cash €17,012
Equity €55,195 (19.8% of total assets)
lowers risk
Figures for financial year 2025 (filed on 16-12-2025)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 22% of them on solvency, 8% on liquidity, 43% on profitability and 64% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,274 companies had the same profile as LO CONSTRUCT has now. Each dot stands for 9 companies, two years later.
94.7%
were still trading
2.5%
stopped another way
2.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LO CONSTRUCT itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 3,274 companies, not a prediction for LO 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
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.15 (1.14 in 2024), below the usual 1.5. Short-term debt is 80.2% and cash 6.1% of total assets. 80.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 35125 sector peers (2025).
NBB · sector comparisonPosition among 35125 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
46 days early
2024
7 days late
2023
54 days early
2022
53 days early
2021
45 days early
2020
6 days early
2019
9 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 29 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 16 December (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0697586584
Legal-form change · Resignations & appointments
Board composition: SINCA MALANCA Ovidiu Petrica (director) · Board composition: SINCA Grigore Laurentiu (director) · Gazette deed
First establishment
Hof te Ophemhoek 20, Anderlecht
Incorporation
published on 06-06-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LO CONSTRUCT Anderlecht | €278,427 | €20,893 | 19.8% | - |
| MDA CONSTRUCT Uccle | €244,203 | €19,267 | 94.6% | - |
| DAN TOITURES Liège | €308,372 | €20,983 | 6.9% | - |
| PATRICK CONSTRUCT Boutersem | €265,194 | €25,081 | 86.9% | - |
| LG UNIVERSAL Frameries | €255,169 | €24,113 | 64.3% | - |
| Destan Projects Beringen | €307,836 | €18,948 | 58.3% | - |
| ROBEYST PROJECTS Zele | €255,173 | €22,489 | 58.8% | - |
These companies have the same main activity as LO CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €244,000 and €308,000, founded between 2016 and 2019.
Official details
Source: KBO- Status
- Active since 04-06-2018Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 3 others
- Establishment unit
- 2.276.822.5031070 Anderlecht, since 07-06-2018
- Financial year end
- 30 June
- Peppol
- Reachable since 27-08-2025
Annual accounts to 30-06-2025
- ≈ €280,000estimated
- €278,427▼ 6.7%
- Filing
- Filed on 16-12-2025, 46 days before the end of the filing period
Insights on LO CONSTRUCT
LO CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €13,620 in 2019 to €20,893 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 LO CONSTRUCT
- What is the company number of LO CONSTRUCT?
- The company number of LO CONSTRUCT is 0697.586.584. The VAT number is the same number with BE in front: BE 0697.586.584.
- Where is LO CONSTRUCT based?
- The registered office is at Hof te Ophemhoek 20, 1070 Anderlecht.Company details
- What does LO CONSTRUCT do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of LO CONSTRUCT?
- LO CONSTRUCT is a private limited company (BV).
- When was LO CONSTRUCT founded?
- LO CONSTRUCT was founded on 04-06-2018.
- Is LO CONSTRUCT still active?
- Yes, LO CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of LO CONSTRUCT?
- The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €20,893 and 202 comparable companies (NACE 43990). It probably lies between €150,000 and €530,000. It is a rough estimate. In financial year 2022 turnover was €420,619.Financials
- Is LO CONSTRUCT profitable?
- In financial year 2025, LO CONSTRUCT made a profit of €7,984.
- Where can I find the annual accounts of LO CONSTRUCT?
- LO CONSTRUCT filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LO CONSTRUCT due?
- LO CONSTRUCT must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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