Equity
€26,128 from €59,669 in 2023
Equity fell by 56% in 2 years.
LOUV IMMO
Lifetime
10 annual accounts with figures on one time axispeak €90,329 (2018)
€1,743▲ €11,460
lowest -€33,450 (2017)
-€12,151▲ €9,239
peak €59,669 (2023)
€26,128▼ 31.7%
€235,455▲ 21.1%
Board2 names since 2015
1 directorFerrandino Nazario
Documentsfilings and deeds
18-09-202649 days late
2025micro format
Gross margin from -€9,717 to €1,743Loss of €12,151Resignation: Buccarello Dominique (director) 21-05Equity from €38,279 to €26,128Debts from €194,500 to €235,455Investments €27,210
Key points
from the 2025 annual accountsLosses
-€33,541 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Debts
€235,455 90% of the balance sheet
Financial debts 50%Suppliers 11%Other 40%
Of this, €118,772 falls due within a year.
Investments
€35,911 6.4 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 13.7% higher than in 2024.
Board
1 joined · 1 left
Board changed. Latest change 01-07-2026 · 1 in office.
Position in the sector
-€12,151
Lower net result than 87% of companies in construction of buildings. Sector median €8,556 · 9,425 companies.
2025 accounts filed 49 days after the deadline
Checked score
47
Fair
Financially stronger than 18% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,459 companies (NACE 41, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 11.5%highest value
01-2025: 11.5%● unchanged vs 12-2024highest value
02-2025: 6.7%▼ -4.8 percentage points vs 01-2025
03-2025: 6.7%● unchanged vs 02-2025
04-2025: 7.0%▲ +0.3 percentage points vs 03-2025
05-2025: 7.1%▲ +0.1 percentage points vs 04-2025
06-2025: 6.9%▼ -0.2 percentage points vs 05-2025
07-2025: 6.8%▼ -0.1 percentage points vs 06-2025
08-2025: 8.0%▲ +1.2 percentage points vs 07-2025
09-2025: 9.4%▲ +1.4 percentage points vs 08-2025
10-2025: 10.1%▲ +0.7 percentage points vs 09-2025
11-2025: 7.6%▼ -2.5 percentage points vs 10-2025
12-2025: 7.6%● unchanged vs 11-2025
01-2026: 7.6%● unchanged vs 12-2025
02-2026: 7.6%● unchanged vs 01-2026
03-2026: 7.6%● unchanged vs 02-2026
04-2026: 7.6%● unchanged vs 03-2026
05-2026: 7.2%▼ -0.4 percentage points vs 04-2026
06-2026: 6.8%▼ -0.4 percentage points vs 05-2026
07-2026: 6.4%▼ -0.4 percentage points vs 06-2026
08-2026: 6.8%▲ +0.4 percentage points vs 07-2026
09-2026: 6.8%● unchanged vs 08-2026
10-2026: 3.8%▼ -3.0 percentage points vs 09-2026lowest value
11-2026: 3.8%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 49 days late; 3 of the last 3 accounts late
Sector: Construction of residential and non-residential buildings (NACE 41)
Liquidity: current ratio 0.69, cash €1,534
Equity €26,128 (10.0% of total assets)
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 18% of them on solvency, 24% on liquidity, 15% on profitability and 15% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,037 companies had the same profile as LOUV IMMO has now. Each dot stands for 3 companies, two years later.
93.7%
were still trading
2.9%
stopped another way
2.9%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LOUV IMMO itself is higher: 3.8% within 12 months. It rests on far more data about LOUV IMMO than the profile alone.
Test of the method
The method was tested on the 497,447 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 1,037 companies, not a prediction for LOUV IMMO. 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
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.69 (0.82 in 2024), below 1. Short-term debt is 45.4% and cash 0.6% of total assets. 90% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
raises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€12,151
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 9435 sector peers (2025).
NBB · sector comparisonPosition among 9435 sector peers
Solvency
better than 18%
← weakest
strongest →
raises risk · 2025 accounts filed 49 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
49 days late
2024
55 days late
2023
65 days late
2022
58 days late
2021
61 days late
2020
270 days late
2019
54 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 87 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Resignation: Ferrandino Nazario (director)
Appointment: Buccarello Dominique (director) · Director discharge: Ferrandino Nazario · General meeting of 30-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0629822681
Resignation: Buccarello Dominique (director)
Appointment: Ferrandino Nazario (director) · Director discharge: Buccarello Dominique · General meeting of 01-03-2025 · Gazette deed
Resignation: Ferrandino Nazario (director)
Appointment: Buccarello Dominique (director) · Director discharge: Ferrandino Nazario · General meeting of 18-06-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LOUV IMMO La Louvière | €261,584 | €1,743 | 10.0% | - |
| VITAL CONSTRUCT Affligem | €254,406 | €1,601 | 44.6% | - |
| BOUWWERKEN TEUGELS Kapelle-op-den-Bos | €300,549 | -€27,232 | 38.2% | - |
| ECOWONEN Lubbeek | €249,937 | -€6,799 | 2.5% | - |
| MORTISUN Dentergem | €146,358 | -€23,517 | 41.8% | - |
| SOLID JOBS Ypres | €591,514 | -€10,497 | -245.0% | - |
| RENOV AND CO Waterloo | €154,631 | -€33,223 | 12.5% | - |
These companies have the same main activity as LOUV IMMO: general construction of other non-residential buildings (NACE 41003). They are comparable in size and age: total assets between €146,000 and €592,000, founded between 2009 and 2019.
Official details
Source: KBO- Status
- Active since 06-05-2015Normal situation
- Activity
- General construction of other non-residential buildingsNACE 41003and 2 others
- Establishment unit
- 2.241.690.5867110 La Louvière, since 06-05-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 07-04-2026
Insights on LOUV IMMO
LOUV IMMO files the micro format. That format states no turnover. The gross margin rose from -€453 in 2016 to €1,743 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 LOUV IMMO
- What is the company number of LOUV IMMO?
- The company number of LOUV IMMO is 0629.822.681. The VAT number is the same number with BE in front: BE 0629.822.681.
- Where is LOUV IMMO based?
- The registered office is at Clos Beaulieu (S-B) 9, 7110 La Louvière.Company details
- What does LOUV IMMO do?
- According to the KBO register, the main activity is general construction of other non-residential buildings (NACE 41003).
- What is the legal form of LOUV IMMO?
- LOUV IMMO is a private limited company (BV).
- When was LOUV IMMO founded?
- LOUV IMMO was founded on 06-05-2015.
- Is LOUV IMMO still active?
- Yes, LOUV IMMO is an active enterprise in the KBO register.
- What is the turnover of LOUV IMMO?
- The turnover in financial year 2025 is ≈ €21,000. This figure is estimated from the gross margin of €1,743 and 278 comparable companies (NACE 410). It probably lies between €11,000 and €39,000. It is a rough estimate.Financials
- Is LOUV IMMO profitable?
- In financial year 2025, LOUV IMMO made a loss of €12,151.
- Where can I find the annual accounts of LOUV IMMO?
- LOUV IMMO filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LOUV IMMO due?
- LOUV IMMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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