LO CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of LO CONSTRUCT is 2.0% (moderate). The 2025 annual accounts show equity of €55k and a net result of €8k. Equity is growing by ~26.4% per year across the filed fiscal years. Its solvency ranks better than 22% of 27965 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability72▲+2
Solvency45▲+4
Growth55=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.14 in 2024; short-term debt: 80.2% and cash: 6.1% of total assets), and 80.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 27965 sector peers (2025).
NBB · sector comparisonPosition among 27965 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 d early
2024
7 d late
2023
54 d early
2022
53 d early
2021
45 d early
2020
6 d early
2019
9 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€421k▲ 2.7%
2020 · €409k
2019: €521khighest value
2020: €409k▼ -21.4% vs 2019lowest value
2022: €421k
2019 → 2022
EBIT margin
5.9%▲ 5.5pp
2020 · 0.4%
2019: 0.7%
2020: 0.4%▼ -35.7% vs 2019lowest value
2022: 5.9%highest value
2019 → 2022
Net result
€8k▲ 151%
2024 · €3k
2019: €2k
2020: €1k▼ -42.2% vs 2019lowest in 7 years
2021: €4k▲ +284% vs 2020
2022: €22k▲ +477% vs 2021highest in 7 years
2023: €14k▼ -38.1% vs 2022
2024: €3k▼ -77.0% vs 2023
2025: €8k▲ +151% vs 2024
2019 → 2025
Working capital
€34k▼ 3.0%
2024 · €35k
2019: €-12klowest in 7 years
2020: €-3k▲ +78.1% vs 2019
2021: €6k▲ +328% vs 2020
2022: €3k▼ -40.7% vs 2021
2023: €27k▲ +681% vs 2022
2024: €35k▲ +31.5% vs 2023highest in 7 years
2025: €34k▼ -3.0% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€421k
Equity€16k-€30k▲ 90.7%€44k▲ 45.8%€47k▲ 7.2%€55k▲ 16.9%
2021: €16klowest in 5 years
2022: €30k▲ +90.7% vs 2021
2023: €44k▲ +45.8% vs 2022
2024: €47k▲ +7.2% vs 2023
2025: €55k▲ +16.9% vs 2024highest in 5 years
Operating result€5k-€25k▲ 372%€20k▼ 17.9%€5k▼ 74.4%€12k▲ 128%
2021: €5k
2022: €25k▲ +372% vs 2021highest in 5 years
2023: €20k▼ -17.9% vs 2022
2024: €5k▼ -74.4% vs 2023lowest in 5 years
2025: €12k▲ +128% vs 2024
Net result€4k-€22k▲ 477%€14k▼ 38.1%€3k▼ 77.0%€8k▲ 151%
2021: €4k
2022: €22k▲ +477% vs 2021highest in 5 years
2023: €14k▼ -38.1% vs 2022
2024: €3k▼ -77.0% vs 2023lowest in 5 years
2025: €8k▲ +151% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 128% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €278k
Fixed assets
€21k ▲ 73.7%
Current assets
€257k ▼ 10.1%
Equity and liabilities €278k
Equity
€55k ▲ 16.9%
Debt
€223k ▼ 11.1%
Debt's share of the balance-sheet total falls from 84.2% to 80.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18k▲
2024 · €11k
Cash flow
€14k▲
2024 · €9k
Current ratio
1.15▲
2024 · 1.14
Debt to equity
4.04▼
2024 · 5.32
ROE
14.5%▲
2024 · 6.7%
ROA
2.9%▲
2024 · 1.1%
Interest coverage
90.00▲
2024 · 62.67
Debt ≤ 1 year
€223k▼
2024 · €251k
Income taxes
€4k▲
2024 · €2k
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 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€298k€278k▼
Fixed assets21/28€12k€21k▲
Tangible fixed assets22/27€12k€21k▲
Plant, machinery and equipment23€529€16k▲
Furniture and vehicles24€12k€6k▼
Current assets29/58€286k€257k▼
Amounts receivable within one year40/41€284k€239k▼
Trade receivables40€275k€228k▼
Other amounts receivable41€10k€11k▲
Cash at bank and in hand54/58€724€17k▲
Deferred charges and accrued income490/1€957€985▲
Equity and liabilities
Total equity and liabilities10/49€298k€278k▼
Equity10/15€47k€55k▲
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€33k€41k▲
Amounts payable17/49€251k€223k▼
Amounts payable within one year42/48€251k€223k▼
Trade debts44€225k€203k▼
Suppliers440/4€225k€203k▼
Taxes, remuneration and social security45€23k€20k▼
Taxes450/3€2k€4k▲
Remuneration and social security454/9€21k€16k▼
Other amounts payable47/48€3k€572▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A-€601
Gross operating margin9900€13k€21k▲
Operating profit (loss)9901€5k€12k▲
Financial charges65/66B€181€204▲
Recurring financial charges65€181€204▲
Profit (loss) for the period before taxes9903€5k€12k▲
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€3k€8k▲
Profit (loss) for the period to be appropriated9905€3k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€33k€41k▲
Profit (loss) brought forward from the previous period14P€30k€33k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €421k | - | - | - | - |
| Non-recurring operating income76A | - | €413 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €12k | €11k | €6k | €6k | ▲ 4.3% |
| Other operating charges640/8 | - | €5k | €2k | €2k | €2k | ▲ 3.1% |
| Non-recurring operating charges66A | - | - | - | - | €601 | - |
| Gross operating margin9900 | €14k | €42k | €32k | €13k | €21k | ▲ 57.5% |
| Operating profit (loss)9901 | €5k | €25k | €20k | €5k | €12k | ▲ 128% |
| Financial income75/76B | - | €9 | €0 | - | - | - |
| Recurring financial income75 | - | €9 | €0 | - | - | - |
| Financial charges65/66B | - | €125 | €684 | €181 | €204 | ▲ 12.4% |
| Recurring financial charges65 | €147 | €125 | €684 | €181 | €204 | ▲ 12.4% |
| Profit (loss) for the period before taxes9903 | €5k | €25k | €20k | €5k | €12k | ▲ 133% |
| Income taxes67/77 | €1k | €2k | €6k | €2k | €4k | ▲ 101% |
| Profit (loss) for the period9904 | €4k | €22k | €14k | €3k | €8k | ▲ 151% |
| Profit (loss) for the period to be appropriated9905 | €4k | €22k | €14k | €3k | €8k | ▲ 151% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €118k | €190k | €343k | €298k | €278k | ▼ 6.7% |
| Fixed assets21/28 | €10k | €27k | €17k | €12k | €21k | ▲ 73.7% |
| Tangible fixed assets22/27 | €10k | €27k | €17k | €12k | €21k | ▲ 73.7% |
| Plant, machinery and equipment23 | - | - | €926 | €529 | €16k | ▲ 2,843% |
| Furniture and vehicles24 | - | €27k | €17k | €12k | €6k | ▼ 51.1% |
| Current assets29/58 | €108k | €163k | €326k | €286k | €257k | ▼ 10.1% |
| Amounts receivable within one year40/41 | €85k | €159k | €324k | €284k | €239k | ▼ 15.9% |
| Trade receivables40 | - | €158k | €314k | €275k | €228k | ▼ 17.2% |
| Other amounts receivable41 | - | €1k | €11k | €10k | €11k | ▲ 19.2% |
| Cash at bank and in hand54/58 | €23k | €4k | €377 | €724 | €17k | ▲ 2,250% |
| Deferred charges and accrued income490/1 | - | €297 | €853 | €957 | €985 | ▲ 2.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €118k | €190k | €343k | €298k | €278k | ▼ 6.7% |
| Equity10/15 | €16k | €30k | €44k | €47k | €55k | ▲ 16.9% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €2k | €16k | €30k | €33k | €41k | ▲ 24.1% |
| Amounts payable17/49 | €103k | €160k | €299k | €251k | €223k | ▼ 11.1% |
| Amounts payable within one year42/48 | €103k | €160k | €299k | €251k | €223k | ▼ 11.1% |
| Trade debts44 | €87k | €140k | €287k | €225k | €203k | ▼ 9.9% |
| Suppliers440/4 | - | €140k | €287k | €225k | €203k | ▼ 9.9% |
| Taxes, remuneration and social security45 | - | €9k | €10k | €23k | €20k | ▼ 12.8% |
| Taxes450/3 | - | €2k | €6k | €2k | €4k | ▲ 101% |
| Remuneration and social security454/9 | - | €7k | €4k | €21k | €16k | ▼ 22.9% |
| Other amounts payable47/48 | - | €10k | €3k | €3k | €572 | ▼ 82.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €22k | €14k | €3k | €8k | ▲ 151% |
| + Depreciation and write-downs630 | €8k | €12k | €11k | €6k | €6k | ▲ 4.3% |
| Operating cash flow (approximation) | €11k | €34k | €24k | €9k | €14k | ▲ 54.5% |
| Investment in fixed assets (approximation) | - | €-28k | €-1k | €-943 | €-15k | ▼ 1,536% |
| Change in cash | - | €-19k | €-4k | €347 | €16k | ▲ 4,591% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
16-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
07-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2023
08-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
09-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Highest result since 2019net €22k ▲477%
Operating result €25k, net result €22k, both a record.
2021
17-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
25-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €1k ▼42.2%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
22-01
NBB filing
Annual accounts filed
fiscal year 2019 · 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.
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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, Anderlecht · 1 establishment unit since 2018
Ground area
7,694 m²
Building footprint
461 m²
Volume, LiDAR
9,966 m³
Parcel 21001A0265/00S000, Brussels · tallest building 24.3 m, ±8 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
LO CONSTRUCT
since 20182.276.822.503
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21001A0265/00S000 | Brussels | 7,694 m² | 1 · 461 m² | 24.3 m · 8 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.
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 6,146 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
Founded04-06-2018
Fiscal year end30-06
Activities, NACEBEL 2025
43990Other specialised construction activities
43230Insulation installation
43350Other building finishing work
81210General cleaning of buildings
Scores and ratios are computed by Checked and are not a credit decision.