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LOLO CONSTRUCT

Active Private limited companyfounded 2015active for 11 yearsKempische steenweg 598/1, 3500 HasseltKBO/BCE: BE 0627.988.985

Lifetime

10 annual accounts with figures on one time axis
peak €120,866 (2019)
-€2,004▼ €13,455
lowest -€96,744 (2022)
-€2,562▼ €12,355
peak €99,906 (2021)
€27,477▼ 8.5%
€6,470▼ 31.3%
Board2 names since 2024
1 director
Documentsfilings and deeds
25-02-202664 days before the deadline
2025micro format
Gross margin from €11,451 to -€2,004Loss of €2,562Debts from €9,416 to €6,470Cash from €768 to €3,916

Key points

from the 2025 annual accounts

Equity

€27,477 from €99,906 in 2021

Equity fell by 72% in 4 years.

Filings

10 annual accounts 2 late
deadline20202025

The 2021 accounts came latest: 30 days after the end of the period.

Position in the sector

-€2,562

Lower net result than 80% of companies in specialised construction. Sector median €9,999 · 37,159 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,920 companies had the same profile as LOLO CONSTRUCT has now. Each dot stands for 18 companies, two years later.

90.7%
were still trading
8.0%
stopped another way
1.1%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 6,920 companies, not a prediction for LOLO 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

Manager
  • annual accounts 30-09-2020
  • annual accounts 30-09-2020
  • annual accounts 30-09-2020
and 5 other shareholdersBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0627988985
Amendment of the articles General meeting of 15-12-2023 · Gazette deed
Registered office moved from Heusden-Zolder to Hasselt New registered office: Kempische Steenweg 598/1, 3500 Hasselt · Previous registered office: EVERSELKIEZEL 69, 3550 HEUSDEN ZOLDER · Resignation: (manager) · General meeting of 01-04-2024 · Gazette deed
Registered office moved from Uccle to Heusden-Zolder New registered office: Everselkiezel 69, 3550 Heusden-Zolder · Previous registered office: Rue des Trois Arbres 62, Boîte 6, 1180 Uccle · General meeting of 01-11-2019 · Gazette deed
All 23 events

Comparable companies

same main activity, similar in size and age
Company
LOLO CONSTRUCT Hasselt €33,946 -€2,004 80.9% -
Digitalkreativ Gingelom €35,206 -€8,101 58.7% -
AKGOZ Beringen €36,295 -€2,877 98.6% -
YBS CLEANING Brussels €33,357 -€5,381 95.6% -
The Boardwalk Bonheiden €37,242 -€5,147 93.3% -
ENTREPRENEUR RÉNOVATION BÂTIMENT Anderlecht €33,127 €1,082 28.0% -
ARTISANS & + Woluwe-Saint-Pierre €39,387 -€6,560 16.0% -

These companies have the same main activity as LOLO CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €33,100 and €39,400, founded between 2014 and 2015.

Official details

Source: KBO
Status
Active since 08-04-2015Normal situation
Activity
Other specialised construction activitiesNACE 43990and 6 others
Establishment unit
2.241.224.3923550 Heusden-Zolder, since 08-04-2015
Financial year end
30 September
Peppol
Reachable since 19-03-2025
Company details

Annual accounts to 30-09-2025

€33,946▼ 14.0%
Filing
Filed on 25-02-2026, 64 days before the end of the filing period
Financials

Insights on LOLO CONSTRUCT

LOLO CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €12,463 in 2016 to -€2,004 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 LOLO CONSTRUCT

What is the company number of LOLO CONSTRUCT?
The company number of LOLO CONSTRUCT is 0627.988.985. The VAT number is the same number with BE in front: BE 0627.988.985.
Where is LOLO CONSTRUCT based?
The registered office is at Kempische steenweg 598/1, 3500 Hasselt.Company details
What does LOLO CONSTRUCT do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of LOLO CONSTRUCT?
LOLO CONSTRUCT is a private limited company (BV).
When was LOLO CONSTRUCT founded?
LOLO CONSTRUCT was founded on 08-04-2015.
Is LOLO CONSTRUCT still active?
Yes, LOLO CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of LOLO CONSTRUCT?
The annual accounts for financial year 2025 state no turnover. In financial year 2023 turnover was €79,314.Financials
Is LOLO CONSTRUCT profitable?
In financial year 2025, LOLO CONSTRUCT made a loss of €2,562.
Where can I find the annual accounts of LOLO CONSTRUCT?
LOLO CONSTRUCT filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LOLO CONSTRUCT due?
LOLO CONSTRUCT must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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