Lousaconstruct
ActiveSummary
The computed 12-month bankruptcy probability of Lousaconstruct is 3.7% (moderate). The 2025 annual accounts show equity of €100,264 and a net result of €86,540. Equity has been growing by about 325% per year since 2023. Its solvency ranks better than 35% of 9,380 sector peers (NACE 41, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 30-01-2023 Normal situation
- Registered office
- 119 active companies are registered at this address 20 started in the 12 months before. Source: KBO register, as of 1 November 2026.
- Activity
- General construction of other non-residential buildings NACE 41003and 4 others
- Establishment unit
- 2.341.959.684 1930 Zaventem, since 30-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 28-03-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.7%
- Gross margin
- €182,372
- ▲ 21×
- Turnover
- ≈ €590,000
- estimated
- Profit
- €86,540
- ▲ 32×
- Equity
- €100,264
- ▲ 631%
- Total assets
- €353,188
- ▲ 14×
- Staff
- ≈ 0.7 FTE
- estimated
- 2025 accounts filed 75 days after the deadline
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Last filed accounts filed 75 days late; 2 of the last 3 accounts lateFounded in 2023Size: total assets €353,188Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 41, micro). It does better than 35% of them on solvency, 64% on liquidity, 82% on profitability and 99% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 33 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 75 days after the deadline Filed on 14 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00556692.
Annual accounts 2025 filed on 14-10-2026 at the NBB all 3 filings
2023 to 2025, 3 financial years
The operating result for 2025 is over 18 times that of 2024 and the highest since 2023. It is a recovery after the fall in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | - | €1,200 | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as Lousaconstruct: general construction of other non-residential buildings (NACE 41003). They are comparable in size and age: total assets between €229,000 and €473,000, founded between 2022 and 2023.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|---|
| Lousaconstruct Zaventem | 2023 | €353,188 | €100,264 | €182,372 | - | €86,540 | - | 2025 |
| LNT WORKS Fontaine-l'Evêque | 2022 | €352,699 | €258,399 | €200,267 | - | €135,197 | - | 2025 |
| SUD Dilbeek | 2022 | €229,350 | €146,114 | €213,092 | €239,859 | €147,498 | - | 2024 |
| M.M GROUP CONSTRUCTION Sint-Pieters-Leeuw | 2023 | €473,427 | €192,211 | €106,612 | - | €68,377 | - | 2026 |
| RAPPA DARIO FS CONSTRUCT Seraing | 2022 | €471,523 | €230,354 | €245,295 | - | €41,088 | 5.6 | 2025 |
| DG Polibeton Gouvy | 2023 | €254,954 | €107,808 | €160,163 | - | €80,446 | - | 2025 |
| Medical Gas Pipe System Braine-le-Comte | 2022 | €458,546 | €231,818 | €273,164 | - | €59,828 | - | 2025 |
They were chosen from the 1,026 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 7,976 companies had the same profile as Lousaconstruct has now. Two years later, 3.6% had gone bankrupt and 94.3% were still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Lousaconstruct itself: 3.7% within 12 months.
Test of the method
The method was tested on the 497,445 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 7,976 companies, not a prediction for Lousaconstruct. 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €1,612 | €28,549 | ▲ 18× |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €34,844 | - |
| Other operating charges640/8 | - | €650 | €2,428 | ▲ 274% |
| Gross operating margin9900 | €10,107 | €8,655 | €182,372 | ▲ 21× |
| Operating profit (loss)9901 | €10,107 | €6,394 | €116,551 | ▲ 18× |
| Financial income75/76B | - | - | €1 | - |
| Recurring financial income75 | - | - | €1 | - |
| Financial charges65/66B | €14 | €1,584 | €1,488 | ▼ 6.0% |
| Recurring financial charges65 | €14 | €1,584 | €1,488 | ▼ 6.0% |
| Profit (loss) for the period before taxes9903 | €10,093 | €4,810 | €115,063 | ▲ 24× |
| Income taxes67/77 | €2,066 | €2,114 | €28,523 | ▲ 13× |
| Profit (loss) for the period9904 | €8,028 | €2,696 | €86,540 | ▲ 32× |
| Profit (loss) for the period to be appropriated9905 | €8,028 | €2,696 | €86,540 | ▲ 32× |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €14,375 | €25,845 | €353,188 | ▲ 14× |
| Fixed assets21/28 | - | €1,200 | €1,200 | = |
| Tangible fixed assets22/27 | - | €1,200 | €1,200 | = |
| Furniture and vehicles24 | - | €1,200 | €1,200 | = |
| Current assets29/58 | €14,375 | €24,645 | €351,988 | ▲ 14× |
| Amounts receivable within one year40/41 | €6,623 | €22,428 | €322,915 | ▲ 14× |
| Trade receivables40 | €6,362 | €20,836 | €321,280 | ▲ 15× |
| Other amounts receivable41 | €261 | €1,592 | €1,635 | ▲ 2.7% |
| Cash at bank and in hand54/58 | €7,752 | €1,023 | €26,362 | ▲ 26× |
| Deferred charges and accrued income490/1 | - | €1,194 | €2,711 | ▲ 127% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €14,375 | €25,845 | €353,188 | ▲ 14× |
| Equity10/15 | €11,028 | €13,724 | €100,264 | ▲ 631% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €8,028 | €10,724 | €97,264 | ▲ 807% |
| Amounts payable17/49 | €3,348 | €12,121 | €252,924 | ▲ 21× |
| Amounts payable within one year42/48 | €3,348 | €12,121 | €38,506 | ▲ 218% |
| Trade debts44 | - | - | €69 | - |
| Suppliers440/4 | - | - | €69 | - |
| Taxes, remuneration and social security45 | €2,066 | €6,380 | €35,964 | ▲ 464% |
| Taxes450/3 | €2,066 | €4,827 | €27,957 | ▲ 479% |
| Remuneration and social security454/9 | - | €1,553 | €8,007 | ▲ 416% |
| Other amounts payable47/48 | €1,282 | €5,740 | €2,474 | ▼ 56.9% |
| Accrued charges and deferred income492/3 | - | - | €214,418 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,028 | €2,696 | €86,540 | ▲ 32× |
| Operating cash flow (approximation) | €8,028 | €2,696 | €86,540 | ▲ 32× |
| Investment in fixed assets (approximation) | - | - | €0 | - |
| Change in cash | - | -€6,729 | €25,339 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Shareholders
- MACHADO MORAIS Tiago Belmiro 100 shares (100%)
Capital transactions
- 01-02-2023 Incorporation · €3,000 · 100 shares
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Algemene vergadering die bestuurder(s) benoemt, één of meer bestuurders”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Bestuurder(s) in functie als vereffenaar(s) krachtens statuten indien geen andere vereffenaar benoemd, algemene vergadering mag één of…”
Articles of association, deed of 01-02-2023 (in Dutch)
Network & group
Lousaconstruct shares no director with another company.
Companies at the same address
118 other companies- RENOX PROJECT SOLUTIONS Registered office · since 2026 1044172039
- API GROUP Registered office · since 2026 1043468293
- Libinexa Registered office · since 2026 1043467996
- SR Renovation Registered office · since 2026 1043303492
- Groupe Taverna Registered office · since 2026 1042166911
- SAG Renov Registered office · since 2026 1041905704
- Fleur de Champagne Registered office · since 2026 1041411103
- Jonat Construct Registered office · since 2026 1041411301
- GA Service Registered office · since 2026 1040849689
- AKG Concepts Registered office · since 2026 1040275510
Connections & network
1 current directorThe network starts from the directors of Lousaconstruct. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
01-02
Gazette deed
IncorporationStarting capital €3,000 · Appointment: MACHADO MORAIS Tiago Belmiro (director) · Founder10 points ▸
- Incorporation, “Lousaconstruct” (deed in Dutch)
- Founder, MACHADO MORAIS Tiago Belmiro (comparant)
- Founding capital, €3,000
- Bank account, 3000, “bijzondere rekening namens vennootschap in oprichting” (deed in Dutch)
- Other provision, “deponering bevestiging”, 3000 (deed in Dutch)
- Capital
- Registered office clause, “1930 Zaventem,Excelsiorlaan 10” (deed in Dutch)
- Board rule, 1
- Director appointment, MACHADO MORAIS Tiago Belmiro (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten ondernomen door comparant in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
7 activities
- De studie en de uitvoering van alle mogelijke particuliere en openbare bouwwerken,als algemene aannemer of in onderaanneming,het ontwerp en de bouw van alle mogelijke gebouwen en bouwsels,de studie en de uitvoering van binnen- en buitendecoraties
- Alle mogelijke verrichtingen die rechtstreeks of onrechtstreeks verband houden met het onderhoud,de renovatie,het herstel,de verfraaiing,de vernieuwing en de modernisering van alle soorten kunstwerken en onroerende goederen en,algemeen genomen,alle verrichtingen die rechtstreeks of onrechtstreeks verband houden met openbare en particuliere bouwwerken
- Het verstrekken van advies en bijstand,zowel technisch als administratief en commercieel,aan alle vennootschappen en ondernemingen voor alle mogelijke aangelegenheden met betrekking tot de sector van de onroerende goederen
- Het verwerven van alle mogelijke terreinen,het bouwen van openbare en particuliere gebouwen,de aankoop,de verkoop,de verhuur,de verdeling en de verkaveling van alle mogelijke onroerende goederen
- Al de werkzaamheden met betrekking tot de verdeling van water,gas,elektriciteit,enz.;de vaststelling en exploitatie van alle mogelijke transportmiddelen,havens,kanalen,wegen,enz.
- De aankoop,de verkoop,de huur,de invoer en de uitvoer van alle mogelijke materialen,goederen,toestellen en materieel,noodzakelijk voor de bouw,het onderhoud,het herstel en de vernieuwing van kunstwerken en gebouwen
- De voorbereiding,de opstelling en het afsluiten,zowel als mandataris als als voor eigen rekening,van alle mogelijke overeenkomsten voor openbare of particuliere werken of voor leveringen en het uitvoeren van alle verrichtingen die daarmee verband houden
Invoicing and payment
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 0797.799.264
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Legal Entity Identifier
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23094D0045/00V002 | Flanders | 1.2 ha | 1 · 3,085 m² | 12.5 m · 2 |