Equity
Equity fell by 72% in 4 years.
Equity fell by 72% in 4 years.
The 2021 accounts came latest: 30 days after the end of the period.
Lower net result than 80% of companies in specialised construction. Sector median €9,999 · 37,159 companies.
In July 2024, 6,920 companies had the same profile as LOLO CONSTRUCT has now. Each dot stands for 18 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
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.
| 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| 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.
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.
Higher than 86% of 37,177 companies in 2025.
Higher than 86% of 36,472 companies in 2025.
Higher than 14% of 36,707 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
33,946 | 39,454 | 65,920 | 97,906 | 292,768 | 312,930 | 275,343 | 139,150 | 64,359 | 66,403 | |
21/28 |
- | - | 89 | 4,026 | 9,143 | 26,486 | 32,290 | 12,064 | 6,445 | 15,801 | |
22/27 |
- | - | 89 | 2,626 | 7,743 | 25,086 | 30,890 | 11,164 | 6,445 | 15,801 | |
23 |
- | - | - | 780 | 2,646 | 4,512 | - | - | 276 | 642 | |
24 |
- | - | 89 | 1,846 | 5,097 | 20,574 | 30,890 | 11,164 | 6,169 | 15,159 | |
28 |
- | - | - | 1,400 | 1,400 | 1,400 | 1,400 | 900 | - | - | |
29/58 |
33,946 | 39,454 | 65,831 | 93,880 | 283,625 | 286,445 | 243,053 | 127,086 | 57,914 | 50,602 | |
40/41 |
30,031 | 38,686 | 54,619 | 75,142 | 190,246 | 179,926 | 181,757 | 82,906 | 27,155 | 41,312 | |
40 |
29,982 | 38,397 | 54,619 | 73,066 | 185,910 | 162,795 | 167,383 | 71,973 | 6,984 | 29,336 | |
41 |
48 | 288 | - | 2,076 | 4,336 | 17,131 | 14,374 | 10,933 | 20,171 | 11,976 | |
54/58 |
3,916 | 768 | 312 | 14,516 | 91,375 | 17,765 | 59,594 | 17,645 | 2,414 | 3,175 | |
490/1 |
- | - | 10,900 | 4,222 | 2,004 | 88,754 | 1,702 | 26,535 | 28,345 | 6,115 | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
33,946 | 39,454 | 65,920 | 97,906 | 292,768 | 312,930 | 275,343 | 139,150 | 64,359 | 66,403 | |
10/15 |
27,477 | 30,038 | 20,245 | 3,163 | 99,906 | 86,033 | 79,312 | 21,670 | 18,473 | 8,005 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
10 |
- | - | 6,200 | 6,200 | 6,200 | - | - | - | - | - | |
100 |
- | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
11,653 | 11,653 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,805 | |
130/1 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | |
130 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,805 | |
133 |
11,653 | 11,653 | - | - | - | - | - | - | - | - | |
14 |
9,623 | 12,185 | 12,185 | -4,897 | 91,846 | 77,973 | 71,252 | 13,610 | 10,413 | - | |
17/49 |
6,470 | 9,416 | 45,675 | 94,743 | 192,862 | 226,897 | 196,031 | 117,481 | 45,886 | 58,398 | |
17 |
- | - | - | - | - | - | - | - | - | 2,584 | |
170/4 |
- | - | - | - | - | - | - | - | - | 2,584 | |
42/48 |
6,470 | 9,416 | 45,675 | 94,743 | 192,862 | 226,897 | 196,031 | 117,481 | 45,886 | 55,814 | |
42 |
- | - | - | - | - | - | - | - | 2,584 | 6,020 | |
44 |
- | 860 | 32,251 | 16,413 | 74,332 | 99,021 | 102,765 | 77,901 | 30,238 | 43,486 | |
440/4 |
- | 860 | 2,336 | 2,653 | 48,209 | 57,780 | 65,238 | 54,255 | 13,341 | 13,990 | |
441 |
- | - | 29,914 | 13,760 | 26,123 | 41,241 | 37,528 | 23,645 | 16,897 | 29,497 | |
45 |
- | 76 | 1,248 | 2,347 | 27,621 | 34,175 | 33,880 | 24,368 | 13,064 | 6,308 | |
450/3 |
- | 76 | 1,248 | 592 | 16,771 | 11,513 | 18,958 | 4,037 | 2,900 | 1,099 | |
454/9 |
- | - | - | 1,755 | 10,850 | 22,662 | 14,923 | 20,330 | 10,164 | 5,209 | |
47/48 |
6,470 | 8,480 | 12,176 | 75,983 | 90,909 | 93,702 | 59,385 | 15,212 | - | - | |
| Income statement | |||||||||||
70 |
- | - | 79,314 | 769,080 | 1.2m | 1.0m | 1.6m | 654,796 | 311,388 | 476,901 | |
9900 |
-2,004 | 11,451 | 46,219 | -54,218 | 83,370 | 76,487 | 120,866 | 28,047 | 24,180 | 12,463 | |
60/61 |
- | - | 33,095 | 851,497 | 1.1m | 929,814 | 1.5m | 626,750 | 287,208 | 464,438 | |
62 |
- | - | - | 30,860 | 30,750 | 30,201 | 17,042 | 905 | 297 | 421 | |
630 |
- | - | 1,302 | 5,115 | 13,249 | 18,698 | 18,912 | 9,735 | 5,008 | 5,023 | |
640/8 |
393 | 441 | 3,506 | 4,628 | 8,690 | 11,587 | 7,153 | 8,686 | 4,908 | 2,311 | |
9901 |
-2,397 | 11,010 | 41,411 | -94,822 | 30,681 | 16,001 | 77,759 | 8,721 | 13,968 | 4,708 | |
75/76B |
0 | 0 | - | 0 | 463 | 19 | - | - | - | 0 | |
75 |
0 | 0 | - | 0 | 463 | 19 | - | - | - | 0 | |
65/66B |
165 | 261 | 23,776 | 481 | 517 | 307 | 157 | 1,584 | 426 | 1,903 | |
65 |
165 | 261 | 23,776 | 481 | 517 | 307 | 157 | 1,584 | 426 | 1,903 | |
9903 |
-2,562 | 10,750 | 17,635 | -95,302 | 30,627 | 15,714 | 77,602 | 7,137 | 13,542 | 2,805 | |
67/77 |
0 | 957 | 552 | 1,441 | 16,754 | 8,992 | 19,959 | 3,941 | 3,074 | 1,000 | |
9904 |
-2,562 | 9,793 | 17,082 | -96,744 | 13,873 | 6,721 | 57,643 | 3,197 | 10,468 | 1,805 | |
9905 |
-2,562 | 9,793 | 17,082 | -96,744 | 13,873 | 6,721 | 57,643 | 3,197 | 10,468 | 1,805 | |
| Appropriation of the result | |||||||||||
9906 |
9,623 | 21,978 | 12,185 | -4,897 | 91,846 | 77,973 | 71,252 | 13,610 | 10,468 | 1,805 | |
14P |
12,185 | 12,185 | -4,897 | 91,846 | 77,973 | - | - | - | - | - | |
691/2 |
- | 9,793 | - | - | - | - | - | - | 55 | 1,805 | |
6920 |
- | - | - | - | - | - | - | - | 55 | 1,805 | |
6921 |
- | 9,793 | - | - | - | - | - | - | - | - | |
| Document | |||||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 25-02-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 25-02-2026 | 2026-00045672 | |
| 30-09-2024 | micro format | 19-03-2025 | 2025-00052837 | |
| 30-09-2023 | full format | 30-04-2024 | 2024-00078096 | |
| 30-09-2022 | full format | 30-04-2023 | 2023-00073338 | |
| 30-09-2021 | full format | 30-05-2022 | 2022-20036994 | |
| 30-09-2020 | full format | 05-05-2021 | 2021-13600316 | |
| 30-09-2019 | full format | 29-04-2020 | 2020-10600449 | |
| 30-09-2018 | full format | 06-03-2019 | 2019-06600166 | |
| 30-09-2017 | full format | 12-03-2018 | 2018-06600378 | |
| 30-09-2016 | full format | 14-03-2017 | 2017-06300078 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | 42,713 | -89,706 | 43,930 | 34,699 | 96,671 | 18,456 | 18,975 | 9,731 | ||
| - | - | 18,384 | -91,628 | 27,122 | 25,419 | 76,555 | 12,932 | 15,476 | 6,828 | ||
| - | - | -2,635 | -2 | 1,185 | 14,160 | 41,005 | 15,354 | -4,349 | 20,824 | ||
| 3,147 | 457 | -14,204 | -76,860 | 73,610 | -41,829 | 41,949 | 15,231 | -761 | - | ||
| 27,477 | 30,038 | 20,156 | -863 | 90,763 | 59,548 | 47,022 | 9,606 | 12,028 | -5,212 | ||
| - | - | 52.2% | -12.3% | 2.7% | 1.6% | 4.8% | 1.3% | 4.5% | 1.0% | ||
| 80.9% | 76.1% | 30.7% | 3.2% | 34.1% | 27.5% | 28.8% | 15.6% | 28.7% | 12.1% | ||
| 5.25 | 4.19 | 1.44 | 0.99 | 1.47 | 1.26 | 1.24 | 1.08 | 1.26 | 0.91 | ||
| 0.24 | 0.31 | 2.26 | 29.96 | 1.93 | 2.64 | 2.47 | 5.42 | 2.48 | 7.30 | ||
| -9.3% | 32.6% | 84.4% | - | 13.9% | 7.8% | 72.7% | 14.8% | 56.7% | 22.5% | ||
| -7.5% | 24.8% | 25.9% | -98.8% | 4.7% | 2.1% | 20.9% | 2.3% | 16.3% | 2.7% | ||
| - | - | 1.80 | -186.65 | 84.92 | - | - | - | - | - | ||
| - | - | 251 days | 35 days | 59 days | 59 days | 38 days | 40 days | 8 days | 22 days | ||
| - | - | 356 days | 7 days | 25 days | 39 days | 25 days | 45 days | 38 days | 34 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €1,185 |
| - | - | €1,302 | €5,115 | €13,249 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €2,397, after a profit of €11,010 in 2024. It is the lowest result since 2022.
Debt's share of the balance-sheet total falls from 23.9% to 19.1%. Equity and debt are lower.
LOLO CONSTRUCT has no parent and no holdings in its annual accounts. is the only director.
The network starts from the directors of LOLO CONSTRUCT. Every other company they run is a node.
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Kempische steenweg 598/1 registered office 3500 Hasselt | ||
| Everselkiezel 69 3550 Heusden-Zolder | 08-04-2015 | 2.241.224.392 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71502C0377/00S003 | 725 m² | 1 · 210 m² | 9.9 m · 2 |
| 71327G0035/00S002 | 644 m² | 1 · 180 m² | 10.0 m · 1 |
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. Use the enterprise number 0627.988.985
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