LO2
ActiveSummary
LO2 has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €6,315. Equity is growing by about 7.8% per year across the filed financial years. Its solvency ranks better than 70% of 2,441 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €1.2m
- Profit
- €6,315
- Holdings
- 1
- LALLEMANT CélineDirector
- MONVILLE PolDirector
Why 91raises riskSector: Specialised construction activities (NACE 43)Last filed accounts filed 25 days late; 1 of the last 3 latelowers riskSize: total assets €2.0mFounded in 1992Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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, small): better than 77% on solvency, 66% on liquidity, 39% on profitability and 19% on growth.
The bankruptcy probability was computed on 30-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 42 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Weakest financial yearnet €6,315 ▼86.1%
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2025, full format
2025 annual accounts filed late (25 days) Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00438246.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 56% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.2% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,766 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €497,067 | - | - | €3,000 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | - | €151,607 | €2,135 | -€1,321 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €69,026 | €86,631 | €84,357 | €81,279 | €86,545 | €92,866 | €109,820 | €122,373 | ▲ 11.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€98 | -€4,203 | - | - | €3,155 | - |
| Other operating charges640/8 | - | - | - | €12,436 | €4,726 | €12,124 | €11,605 | €14,045 | ▲ 21.0% |
| Non-recurring operating charges66A | - | - | - | €230,558 | - | - | - | - | - |
| Gross operating margin9900 | €425,728 | €462,297 | €496,194 | €919,552 | €186,822 | €154,601 | €182,273 | €166,384 | ▼ 8.7% |
| Operating profit (loss)9901 | €184,926 | €193,775 | €240,575 | €443,769 | €97,619 | €50,932 | €60,847 | €26,811 | ▼ 55.9% |
| Financial income75/76B | - | - | - | €12,453 | €11,925 | €14,647 | €10,564 | €6,082 | ▼ 42.4% |
| Recurring financial income75 | €13,846 | €11,023 | €21,798 | €12,453 | €11,925 | €14,647 | €10,564 | €6,082 | ▼ 42.4% |
| Financial charges65/66B | - | - | - | €18,897 | €15,753 | €16,544 | €19,366 | €22,477 | ▲ 16.1% |
| Recurring financial charges65 | €16,763 | €24,608 | €23,018 | €18,897 | €15,753 | €16,544 | €19,366 | €22,477 | ▲ 16.1% |
| Profit (loss) for the period before taxes9903 | €182,009 | €180,190 | €239,355 | €437,325 | €93,791 | €49,035 | €52,045 | €10,416 | ▼ 80.0% |
| Transfer from deferred taxes780 | - | - | - | €99 | €1,656 | €3,228 | €5,079 | €4,720 | ▼ 7.1% |
| Transfer to deferred taxes680 | - | - | - | €42,853 | - | - | €11,785 | €0 | ▼ 100% |
| Income taxes67/77 | €15,797 | €40,476 | €72,433 | €79,092 | €25,790 | €17,621 | €0 | €8,821 | - |
| Profit (loss) for the period9904 | €164,386 | €139,810 | €167,018 | €315,479 | €69,657 | €34,642 | €45,340 | €6,315 | ▼ 86.1% |
| Transfer from tax-exempt reserves789 | - | - | - | €297 | €4,967 | €9,684 | €15,237 | €14,159 | ▼ 7.1% |
| Transfer to tax-exempt reserves689 | - | - | - | €128,559 | - | - | €35,354 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €160,037 | €140,039 | €167,247 | €187,217 | €74,623 | €44,325 | €25,223 | €20,474 | ▼ 18.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.8m | €2.3m | €2.2m | €2.4m | €2.3m | €2.2m | €2.1m | €2.0m | ▼ 3.9% |
| Fixed assets21/28 | €1.1m | €1.4m | €1.3m | €1.3m | €1.4m | €1.7m | €2.0m | €1.9m | ▼ 3.4% |
| Tangible fixed assets22/27 | €1.1m | €1.4m | €1.3m | €1.3m | €1.3m | €1.2m | €1.4m | €1.3m | ▼ 7.9% |
| Land and buildings22 | - | - | - | €1.2m | €1.2m | €1.2m | €1.4m | €1.3m | ▼ 7.5% |
| Plant, machinery and equipment23 | - | - | - | €0.01m | €0.02m | €0.02m | €0.01m | €0.01m | ▼ 19.8% |
| Furniture and vehicles24 | - | - | - | €0.03m | €0.02m | €0.02m | €0.02m | €0.01m | ▼ 26.7% |
| Financial fixed assets28 | €0.003m | €0.003m | €0.003m | €0.003m | €0.1m | €0.5m | €0.6m | €0.6m | ▲ 7.6% |
| Current assets29/58 | €0.7m | €0.9m | €0.9m | €1.1m | €0.9m | €0.5m | €0.2m | €0.1m | ▼ 10.3% |
| Stocks and contracts in progress3 | €0.09m | €0.2m | €0.2m | - | - | €0.01m | €0.01m | €0.007m | ▼ 35.0% |
| Stocks30/36 | - | - | - | - | - | €0.01m | €0.01m | €0.007m | ▼ 35.0% |
| Amounts receivable within one year40/41 | €0.3m | €0.3m | €0.2m | €0.2m | €0.1m | €0.04m | €0.05m | €0.08m | ▲ 67.5% |
| Trade receivables40 | - | - | - | €0.2m | €0.07m | €0.02m | €0.03m | €0.02m | ▼ 33.0% |
| Other amounts receivable41 | - | - | - | €0.01m | €0.04m | €0.02m | €0.02m | €0.06m | ▲ 213% |
| Current investments50/53 | - | - | - | - | - | €0.1m | €0 | - | - |
| Cash at bank and in hand54/58 | €0.3m | €0.4m | €0.5m | €0.9m | €0.8m | €0.3m | €0.1m | €0.05m | ▼ 45.3% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.002m | €0.001m | €0.002m | €0 | ▼ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.8m | €2.3m | €2.2m | €2.4m | €2.3m | €2.2m | €2.1m | €2.0m | ▼ 3.9% |
| Equity10/15 | €0.7m | €0.8m | €1.1m | €1.4m | €1.4m | €1.4m | €1.3m | €1.2m | ▼ 7.7% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.6m | €0.8m | €0.9m | €1.2m | €1.2m | €1.2m | €1.2m | €1.1m | ▼ 8.1% |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Tax-exempt reserves132 | - | - | - | €0.2m | €0.1m | €0.1m | €0.2m | €0.1m | ▼ 9.0% |
| Distributable reserves133 | - | - | - | €1.1m | €1.1m | €1.1m | €1.0m | €0.9m | ▼ 8.0% |
| Profit (loss) carried forward14 | - | - | - | - | - | - | €0 | €0 | - |
| Investment grants15 | - | - | - | €0.1m | €0.09m | €0.08m | €0.08m | €0.07m | ▼ 8.0% |
| Provisions and deferred taxes16 | €0.002m | €0.002m | €0.002m | €0.04m | €0.04m | €0.04m | €0.05m | €0.04m | ▼ 10.3% |
| Deferred taxes168 | - | - | - | €0.04m | €0.04m | €0.04m | €0.05m | €0.04m | ▼ 10.3% |
| Amounts payable17/49 | €1.1m | €1.5m | €1.1m | €1.0m | €0.9m | €0.8m | €0.8m | €0.8m | ▲ 2.7% |
| Amounts payable after more than one year17 | €0.9m | €1.0m | €0.9m | €0.8m | €0.7m | €0.7m | €0.7m | €0.7m | ▲ 2.7% |
| Financial debts170/4 | - | - | - | €0.8m | €0.7m | €0.6m | €0.5m | €0.4m | ▼ 18.1% |
| Other amounts payable178/9 | - | - | - | €0.004m | €0.07m | €0.1m | €0.2m | €0.3m | ▲ 48.7% |
| Amounts payable within one year42/48 | €0.2m | €0.4m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 2.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.1m | €0.08m | €0.08m | ▲ 1.7% |
| Trade debts44 | €0.09m | €0.05m | €0.04m | €0.06m | €0.005m | €0.02m | €0.01m | €0.007m | ▼ 48.5% |
| Suppliers440/4 | - | - | - | €0.06m | €0.005m | €0.02m | €0.01m | €0.007m | ▼ 48.5% |
| Taxes, remuneration and social security45 | - | - | - | €0.004m | €0.03m | €0.01m | €0.01m | €0.02m | ▲ 56.9% |
| Taxes450/3 | - | - | - | €0.003m | €0.03m | €0.01m | €0.01m | €0.02m | ▲ 56.9% |
| Remuneration and social security454/9 | - | - | - | €0.001m | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.03m | - | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €256 | €85 | €85 | €88 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €164,386 | €139,810 | €167,018 | €315,479 | €69,657 | €34,642 | €45,340 | €6,315 | ▼ 86.1% |
| + Depreciation and write-downs630 | €69,026 | €86,631 | €84,357 | €81,279 | €86,545 | €92,866 | €109,820 | €122,373 | ▲ 11.4% |
| Operating cash flow (approximation) | €233,412 | €226,441 | €251,376 | €396,758 | €156,201 | €127,508 | €155,160 | €128,688 | ▼ 17.1% |
| Investment in fixed assets (approximation) | - | -€390,063 | -€2,694 | -€40,963 | -€209,385 | -€419,756 | -€356,630 | -€55,645 | ▲ 84.4% |
| Change in cash | - | €145,593 | €80,975 | €444,230 | -€185,507 | -€453,185 | -€207,780 | -€43,709 | ▲ 79.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 25-08-2026 | 2026-00438246 |
| 31-12-2024 | full format | 30-09-2025 | 2025-00525689 |
| 31-12-2023 | full format | 16-07-2024 | 2024-00254369 |
| 31-12-2022 | full format | 18-08-2023 | 2023-00342566 |
| 31-12-2021 | full format | 13-10-2022 | 2022-20463747 |
| 31-12-2020 | full format | 30-09-2021 | 2021-69900439 |
| 31-12-2019 | full format | 06-10-2020 | 2020-59400285 |
| 31-12-2018 | full format | 26-09-2019 | 2019-66200155 |
| 31-12-2017 | full format | 23-08-2018 | 2018-49800549 |
| 31-12-2016 | full format | 14-08-2017 | 2017-43600596 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| LALLEMANT Céline |
|
| MONVILLE Pol |
|
Owners and capital
Capital and shareholders
- 11-12-2023 Capital stated in the deed · €62,000 · 2,792 shares
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
100%
According to the 2025 annual accounts of LO2 and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
11-12
Gazette deed
Reappointments: LALLEMANT Céline (director) and MONVILLE Pol (director)Permanent representative: MONVILLE Pol · Purpose change · Name change11 facts ▸
- General meeting, 05-12-2023
- Purpose change
- Name change, LO2
- Amendment of the articles (2 times)
- Capital, €62,000
- Director reappointment, LALLEMANT Céline (director (not named in the articles))
- Director reappointment, MONVILLE Pol (director (not named in the articles))
- Other provision, “décharge administrateurs, reportée à prochaine assemblée générale annuelle” (deed in French)
- Board meeting, “gratuit, conseil d'administration” (deed in French)
- Permanent representative, MONVILLE Pol
- Registered office clause, “4970 Stavelot, Pont de Cheneux 8B” (deed in French)
07-09
Gazette deed
Reappointments: Pol MONVILLE (director) and Céline LALLEMANT (director)4 facts ▸
- General meeting, 17-08-2023
- Director reappointment, Pol MONVILLE (director)
- Director reappointment, Céline LALLEMANT (director)
- Other provision, 17-08-2023
Show earlier events
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0448.045.968
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 63073B2367/00K002 | Wallonia | 2,949 m² | 1 · 494 m² | 9.8 m · 3 |
| 63073B2368/00V000 | Wallonia | 1,101 m² | 1 · 104 m² | 8.0 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’achat, en ce compris l’importation, de luminaires, d’appareils d’éclairage et tous autres appareils électriques; La vente en gros et au…” (deed in French)
12 activities (deed in French)
- L’achat, en ce compris l’importation, de luminaires, d’appareils d’éclairage et tous autres appareils électriques
- La vente en gros et au détail de luminaires, d’appareils d’éclairage et de tous autres appareils électriques
- L’étude et le conseil dans le domaine des luminaires, de l’éclairage et de tous autres appareils électriques
- Les travaux d’installation et de montage de luminaires, d’appareils d’éclairage et de tous autres appareils électriques
- La fabrication de luminaires, d’appareils d’éclairage et de tous autres appareils électriques
- L’activité de consultant et d’intermédiaire commercial (courtier ou commissionnaire) dans les domaines précités
- La promotion immobilière
- L’activité de conseil, de consultance, de formation, d’assistance et la fourniture de services en matière financière, technique, commerciale ou administrative
- L’exercice de mandats relatifs à l’administration, la gestion, la direction, au contrôle ou à la liquidation de toutes sociétés, entreprises ou associations
- La constitution et la gestion d’un patrimoine immobilier, en ce compris l’achat, la vente, la construction et la location de biens immobiliers de tous types meublés ou non
- La constitution et la gestion d’un patrimoine mobilier, en ce compris la prise de participation dans d’autres sociétés
- De manière générale, toute activité qui se rattache directement ou indirectement aux activités précitées
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- LO2
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, transfert en tout endroit de la Région de Bruxelles-Capitale ou de la région de langue française par simple décision de…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs personnes physiques ou morales, déterminée ou indéterminée” (deed in French)“Lieu indiqué en convocation sinon siège, organe d’administration” (deed in French)“Réputés présents au lieu du conseil pour présence et majorité, sur proposition dudit organe” (deed in French)“Tous actes nécessaires ou utiles à réalisation de l’objet” (deed in French)“Mandat exercé à titre gratuit sauf décision contraire, à chaque nomination par assemblée générale” (deed in French)2 more provisions on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Prix notifié ou prix fixé par expert, choisi de commun accord ou président du tribunal de lentreprise statuant comme en référé à requête…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Tuesday of June at 17:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale, comme en matière de modification aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Toutes opérations prévues par loi sauf décision contraire assemblée à majorité” (deed in French)2 more provisions on this in the deed