LP CONSTRUCT

Active Public limited companyfounded 1991active for 35 yearsDe Schachelaar 6, 9870 ZulteKBO/BCE: BE 0445.241.876 subsidiary of #3 company by staff growth in Zulte

LP CONSTRUCT

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Overview

Lifetime

20 annual accounts with figures on one time axis, 34 filings since 1992

Compare with

peak €2.1m (2025)

€2.1m▲ 21.4%

peak €838,746 (2025)

€838,746▲ 30.3%

peak €1.2m (2025)

€1.2m▲ 25.6%

€3.4m▲ 84.3%

peak 14.6 FTE (2025)

14.6 FTE▲ 15.0%

Board4 names since 2015

2 directors and 1 other

Owners

100%

Documentsfilings and deeds

27-08-202627 days late

2025abbreviated format

Gross margin from €1.8m to €2.1mResult from €643,699 to €838,746Staff from 12.7 FTE to 14.6 FTEDividend €200,000Equity from €934,165 to €1.2mDebts from €1.9m to €3.4m

Key points

from the 2025 annual accounts

Equity

€1.2m ▲ 25.6%

LP CONSTRUCT has made a profit in every financial year since 2006.

Debts

€3.4m ▲ 84.3%

Financial debts

+1.0

Suppliers

+0.3

Other debts

+0.1

The rest

+0.1

Debts rose by €1.6m in 2025. A dividend stands under other debts on the balance sheet date until it is paid.

Investments

€1.4m 4.9 × depreciation

Green is investment, beige is depreciation. Land and buildings stand 167.7% higher than in 2024.

Staff

17 employees on 31-12-2025

In 2025, 7 people joined and 5 left.

Filings

34 annual accounts since 1992

Two of the last ten came late. The 2019 accounts came latest: 35 days after the end of the period.

Position in the sector

€838,746

Higher net result than 95% of companies in fabricated metal products. Sector median €55,319 · 1,461 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,614 companies had the same profile as LP CONSTRUCT has now. Each dot stands for 7 companies, two years later.

97.3%

were still trading

2.0%

stopped another way

0.7%

went bankrupt

Small
20 years or older
solvency 10 to 30%
a profit of 5% of the balance sheet or more

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 2,614 companies, not a prediction for LP 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

Credit check for an amount and term of your choice

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.

Signals

Board and ownership

Chair,

Director, since 05-09-2023

100%equity €591,517 (2025) · 2025 annual accounts of

Board & ownership

Recent changes

06-01-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0445241876

19-12-2025

Environmental permit refused Bouwen of herbouwen, Gevel-, dak-, instandhoudings- en renovatiewerken binnen een gebouw, zonder volume- of oppervlaktewijziging, Slopen of verwijderen and 2 more · Dentergem

12-09-2023

2 directors resigning, 2 reappointments Resignations: and · Reappointments: (director) and (director) · Permanent representative: · General meeting of 05-09-2023 · Gazette deed

05-08-2019

2 directors appointed, 2 resignations Resignations: (managing director) and · Appointments: (chair of the board) and · Permanent representative: · General meeting of 28-06-2019 · Gazette deed

All 48 events

Comparable companies

same main activity, similar in size and age

Company
LP CONSTRUCT Zulte	€4.6m	€2.1m	25.6%	14.6
DIMATEC Affligem	€4.3m	€1.9m	90.6%	11.9
DETRAMO Flémalle	€5.0m	€2.4m	47.7%	12.2
DE BRUYN & ZONEN Aalst	€3.9m	€1.8m	55.2%	18.1
DENDERMETAAL Aalst	€4.8m	€2.2m	84.5%	16.8
ATEC Assenede	€5.4m	€2.0m	20.6%	21.6
VERLINDEN METAALBEWERKING Westerlo	€4.8m	€2.0m	55.4%	17.3

These companies have the same main activity as LP CONSTRUCT: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €3.9m and €5.4m, founded between 1977 and 1992.

Official details

Source: KBO

Status: Active since 25-09-1991Normal situation
Activity: Manufacture of metal structures and parts of structuresNACE 25110
Joint committee: 209White-collar workers in metal manufacturing · annual accounts 2025
Establishment unit: 2.054.990.9269870 Zulte, since 14-11-1991
Financial year end: 31 December
Peppol: Reachable since 06-01-2026

Company details

Annual accounts 2025

: €2.1m▲ 21.4%
: ≈ €3.7mestimated
: €838,746▲ 30.3%
: €1.2m▲ 25.6%
: €4.6m▲ 64.6%
Employeeson 31-12-2025: 17▲ 13.3%
Filing: Filed on 27-08-2026

Financials

Insights on LP CONSTRUCT

LP CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin rose from €73,818 in 2006 to €2.1m in 2025.

The balance sheet grew most from 2023 to 2025 through fixed assets.

holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 27-08-2026, 27 days late

€2.1m

▲ 21.4%

€1.0m

▲ 26.5%

€838,746

▲ 30.3%

€708,675

▲ 42.5%

25.6%

▼ 8.0 percentage points

1.45

▼ 0.01

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €3.7m. Estimated: probably between €2.5m and €6.0m.

In the rankings #3 company by staff growth in Zulte #8 employer in Zulte, Manufacturing sector #9 company by total assets in Zulte, Manufacturing sector

Balance sheet

balance sheet total €4.6m on 31-12-2025

What the company ownsHow it is paid for

in €m

Position in the sector

Compare with sector

25.6%

Higher than 25% of 1,461 companies in 2025.

1.45

Higher than 38% of 1,446 companies in 2025.

18.3%

Higher than 89% of 1,460 companies in 2025.

LP CONSTRUCT Middle half of the sector 80% of the sector Abbreviated accounts in fabricated metal products (NACE 25)

Net result: top quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half · Staff: top quarter

Staff

€54,495

Staff costs divided by the average number of full-time equivalents.

+2 people

people who joined people who left

In 2025, 7 people joined and 5 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	4.6m	2.8m	2.5m	2.4m	2.4m	2.2m	2.1m	1.9m	1.9m	2.1m	1.8m	773,414	727,186	746,602	694,788	613,035	435,368	439,223	447,008	331,586
`21/28`	2.3m	1.2m	1.4m	1.2m	1.3m	1.0m	1.1m	1.1m	1.2m	1.3m	1.2m	305,786	344,661	374,343	318,727	305,642	107,813	124,926	158,168	40,058
`21`	183	1,254	2,452	2,132	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`22/27`	2.3m	1.2m	1.4m	1.2m	1.3m	1.0m	1.1m	1.1m	1.2m	1.3m	1.2m	305,786	344,661	374,343	318,727	303,767	105,938	123,051	156,293	40,058
`22`	1.9m	716,403	751,471	778,946	802,794	872,286	988,157	1.0m	1.1m	1.2m	1.1m	222,040	233,094	244,403	255,757	268,303	83,790	90,339	97,576	-
`23`	108,024	132,850	202,963	162,017	213,000	119,495	49,643	35,419	56,279	44,357	17,814	19,314	30,035	50,849	16,347	7,184	13,972	14,117	25,733	33,289
`24`	123,083	98,651	108,870	109,253	144,900	16,881	15,631	12,167	20,027	42,580	73,981	64,432	81,532	79,091	46,624	28,280	8,177	18,594	32,984	6,769
`25`	152,003	230,525	309,048	108,422	139,805	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`28`	3,559	17,816	10,874	10,874	11,746	8,946	5,088	5,088	3,088	2,800	-	-	-	-	-	1,875	1,875	1,875	1,875	-
`29/58`	2.3m	1.6m	1.1m	1.2m	1.1m	1.2m	1.0m	795,837	675,318	768,102	630,082	467,629	382,526	372,259	376,060	307,393	327,555	314,297	288,840	291,528
`3`	673,429	643,051	536,934	640,495	483,062	479,243	392,210	375,500	249,415	291,058	175,234	153,480	164,969	196,775	188,108	182,962	119,647	116,776	143,448	148,461
`30/36`	493,043	413,310	422,002	540,133	417,690	421,980	327,058	309,930	168,609	217,667	121,460	106,513	103,530	142,667	122,887	118,557	94,839	112,246	132,927	134,951
`37`	180,386	229,741	114,932	100,362	65,372	57,263	65,152	65,571	80,806	73,390	53,774	46,967	61,439	54,108	65,220	64,405	24,808	4,530	10,522	13,510
`40/41`	875,750	370,171	394,574	323,481	381,413	343,232	432,682	359,563	324,937	386,720	392,784	252,700	192,955	133,379	126,090	115,256	76,682	98,981	124,437	88,998
`40`	399,299	192,735	313,547	259,605	285,429	224,446	316,437	301,129	256,324	324,645	231,311	206,879	155,260	91,338	76,683	87,268	56,754	81,025	104,544	67,143
`41`	476,451	177,437	81,027	63,876	95,984	118,785	116,246	58,434	68,613	62,075	161,473	45,820	37,695	42,040	49,407	27,988	19,928	17,956	19,892	21,855
`54/58`	697,309	554,203	189,134	211,240	194,687	360,747	203,361	39,233	92,781	90,324	56,897	57,298	18,662	42,105	61,862	9,175	131,171	98,539	20,955	54,069
`490/1`	34,445	20,918	7,263	13,751	7,636	14,523	12,263	21,541	8,185	-	5,168	4,151	5,941	-	-	-	55	-	-	-
Balance sheet: equity and liabilities
`10/49`	4.6m	2.8m	2.5m	2.4m	2.4m	2.2m	2.1m	1.9m	1.9m	2.1m	1.8m	773,414	727,186	746,602	694,788	613,035	435,368	439,223	447,008	331,586
`10/15`	1.2m	934,165	806,066	754,009	559,687	501,379	434,419	364,420	463,110	457,199	446,512	430,471	349,916	342,129	319,667	296,369	268,464	238,885	212,867	181,077
`10/11`	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	242,000	242,000	242,000	242,000	242,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000
`10`	62,000	62,000	62,000	62,000	62,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`100`	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	242,000	242,000	242,000	242,000	242,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000
`12`	39,555	39,555	39,555	39,555	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`13`	1.1m	832,610	704,511	652,454	497,687	439,379	372,419	302,420	221,110	215,199	204,512	188,471	107,916	280,129	257,667	234,369	206,464	176,885	150,867	119,077
`130/1`	6,200	6,200	6,200	6,200	6,200	6,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	6,200	6,200	6,200	6,200	6,200	6,200	6,200	13,927	13,927	13,604	13,019	12,217	8,189	6,200	6,200	6,200	6,200	6,200	6,200	6,200
`132`	-	-	-	-	-	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000
`133`	1.1m	826,410	698,311	646,254	491,487	423,179	356,219	278,492	197,183	191,595	181,492	166,254	89,726	263,929	241,467	218,169	190,264	160,685	134,667	102,877
`14`	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`17/49`	3.4m	1.9m	1.7m	1.6m	1.8m	1.7m	1.7m	1.6m	1.4m	1.6m	1.3m	342,944	377,271	404,473	375,121	316,666	166,904	200,338	234,141	150,510
`17`	1.8m	751,012	907,379	833,664	1.1m	964,985	1.0m	974,571	1.0m	1.1m	1.0m	100,987	160,168	203,959	184,401	199,910	72,905	91,061	108,726	3,561
`170/4`	1.8m	751,012	907,379	833,664	1.1m	964,985	1.0m	974,571	1.0m	1.1m	1.0m	100,987	160,168	203,959	184,401	199,910	72,905	91,061	108,726	3,561
`42/48`	1.6m	1.1m	797,879	767,471	753,643	754,659	679,319	578,716	384,338	492,084	309,453	241,026	216,205	199,032	188,954	116,346	93,999	108,868	124,845	146,696
`42`	266,006	183,904	247,016	221,714	220,043	134,060	118,536	108,275	95,075	95,740	105,101	61,315	68,497	94,288	50,912	42,650	20,173	19,682	22,937	12,058
`43`	5,192	76,633	114,959	57,143	5,000	5,100	85,093	-	-	-	-	-	-	-	-	-	-	-	-	-
`430/8`	5,192	76,633	114,959	57,143	5,000	5,100	85,093	-	-	-	-	-	-	-	-	-	-	-	-	-
`44`	602,251	256,596	223,070	158,561	204,951	203,571	221,062	191,365	166,025	288,788	133,827	46,468	75,998	72,481	97,852	42,882	29,392	17,533	33,535	56,599
`440/4`	602,251	256,596	223,070	158,561	204,951	203,571	221,062	191,365	166,025	288,788	133,827	46,468	75,998	72,481	97,852	42,882	29,392	17,533	33,535	56,599
`45`	98,809	73,740	80,328	63,942	50,746	71,919	51,612	82,669	105,207	92,035	58,423	122,274	43,945	17,622	23,312	9,092	7,605	13,561	12,583	2,736
`450/3`	16,409	28,402	7,240	14,317	1,920	6,404	13,833	24,477	24,892	23,091	13,184	48,517	12,874	5,325	3,608	2,481	2,517	3,852	3,948	1,698
`454/9`	82,400	45,338	73,088	49,625	48,826	65,515	37,780	58,191	80,315	68,945	45,239	73,757	31,071	12,297	19,704	6,611	5,088	9,709	8,635	1,038
`47/48`	600,000	500,000	132,506	266,111	272,903	340,010	203,016	196,407	18,032	15,521	12,102	10,969	27,765	14,640	16,878	21,723	36,829	58,092	55,791	75,304
`492/3`	16,256	9,792	2,261	5,466	10,335	5,020	4,682	-	1,052	1,000	482	931	897	1,482	1,767	410	-	409	569	252
Income statement
`76A`	0	661	663	9,977	2,355	17,141	-	1,488	312	7,438	2,015	-	1,276	2,500	1,471	868	-	-	2,315	-
`9900`	2.1m	1.8m	1.1m	1.3m	1.1m	1.1m	1.0m	877,157	763,752	767,597	594,562	539,345	423,701	301,057	217,658	162,452	140,900	170,144	175,321	73,818
`62`	795,625	680,123	649,233	600,176	700,674	574,465	561,519	576,911	547,857	533,337	394,343	321,704	274,833	175,668	127,422	56,102	58,417	88,278	64,129	10,915
`630`	288,243	241,592	204,229	184,203	176,308	157,393	135,191	161,042	159,658	180,598	148,250	75,998	68,028	77,978	42,907	56,725	30,896	34,343	54,831	25,373
`631/4`	-4,261	4,441	-20,535	20,535	-7,457	7,457	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`640/8`	15,680	14,453	13,475	11,759	12,406	13,931	11,350	10,786	11,663	7,048	9,642	8,871	11,771	7,635	6,613	5,198	4,292	5,218	3,356	1,562
`66A`	9,002	3,833	3,267	27,336	-	2,293	3,502	-	-	3,857	-	-	1,021	-	-	-	-	-	-	-
`9901`	1.0m	807,972	208,104	492,373	242,239	362,701	323,089	128,418	44,574	46,615	42,326	132,772	69,071	39,775	40,716	44,427	47,295	42,306	53,005	35,968
`75/76B`	15,237	7,624	2,296	-	2,046	981	2,959	1,251	1,754	11,040	877	1,098	82	3,065	2,334	2,642	199	646	406	1,553
`75`	15,237	7,624	2,296	-	2,046	981	2,959	1,251	1,754	3,602	877	1,098	82	3,065	2,334	2,642	199	646	406	1,553
`76B`	-	-	0	-	-	-	-	-	-	7,438	-	-	-	-	-	-	-	-	-	-
`65/66B`	78,767	43,496	26,664	28,356	34,909	29,663	26,470	27,993	34,671	39,962	23,362	14,316	17,633	16,695	15,557	13,684	12,136	11,540	17,549	11,411
`65`	78,767	43,496	26,664	28,356	34,909	29,663	26,470	27,993	34,671	36,105	23,362	14,316	17,633	16,695	15,557	13,684	12,136	11,540	17,549	11,411
`66B`	-	-	0	-	-	-	-	-	-	3,857	-	-	-	-	-	-	-	-	-	-
`9903`	958,947	772,101	183,736	464,018	209,375	334,019	299,578	101,677	11,657	17,693	21,855	119,554	51,774	28,645	28,963	34,253	35,358	31,412	38,177	26,110
`67/77`	120,201	128,402	6,679	59,250	1,068	17,059	29,579	20,368	5,745	7,006	5,815	38,999	11,987	6,183	5,666	6,348	5,779	5,394	6,387	4,673
`9904`	838,746	643,699	177,057	404,768	208,308	316,960	269,999	81,309	5,911	10,687	16,041	80,555	39,787	22,462	23,298	27,905	29,579	26,018	31,790	21,437
`789`	-	-	-	-	10,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`9905`	838,746	643,699	177,057	404,768	218,308	316,960	269,999	81,309	5,911	10,687	16,041	80,555	39,787	22,462	23,298	27,905	29,579	26,018	31,790	21,437
Appropriation of the result
`9906`	838,746	643,699	177,057	404,768	218,308	316,960	269,999	81,309	5,911	10,687	16,041	80,555	39,787	22,462	23,298	27,905	29,579	26,018	31,790	21,437
`791/2`	0	15,600	-	-	-	-	-	-	-	-	-	-	200,000	-	-	-	-	-	-	-
`691/2`	238,746	143,699	52,057	154,768	68,308	66,960	69,999	81,309	5,911	10,687	16,041	80,555	27,787	22,462	23,298	27,905	29,579	26,018	31,790	21,437
`6920`	-	-	-	-	-	-	-	-	323	585	802	4,028	1,989	-	-	-	-	-	-	-
`6921`	238,746	143,699	52,057	154,768	68,308	66,960	69,999	81,309	5,588	10,103	15,239	76,528	25,797	22,462	23,298	27,905	29,579	26,018	31,790	21,437
`694/7`	600,000	515,600	125,000	250,000	150,000	250,000	200,000	-	-	-	-	-	212,000	-	-	-	-	-	-	-
`694`	200,000	215,600	-	-	-	-	-	-	-	-	-	-	200,000	-	-	-	-	-	-	-
`695`	400,000	300,000	125,000	250,000	150,000	250,000	200,000	-	-	-	-	-	12,000	-	-	-	-	-	-	-
Social balance sheet
`9087`	14.6	12.7	10.8	11.7	12.3	11.1	10.6	11.6	11.7	12	8.5	6.9	6.1	4.3	3.4	1.8	1.8	2.6	2.1	0.5
Hours worked`1013`	24,108	20,561	18,347	15,678	19,492	17,322	17,001	18,059	17,517	18,244	13,549	12,432	9,974	7,248	6,152	2,938	2,866	4,460	3,550	756
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 14 older financial years (1992-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 31 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 27-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 27 days after the deadline. Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00435837.

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	27-08-2026	2026-00435837	PDF
31-12-2024	abbreviated format	08-07-2025	2025-00272276	PDF
31-12-2023	abbreviated format	08-07-2024	2024-00221169	PDF
31-12-2022	abbreviated format	30-06-2023	2023-00193442	PDF
31-12-2021	abbreviated format	29-06-2022	2022-20107402	PDF
31-12-2020	abbreviated format	11-06-2021	2021-19100371	PDF
31-12-2019	abbreviated format	04-09-2020	2020-51000085	PDF
31-12-2018	abbreviated format	05-06-2019	2019-17100017	PDF
31-12-2017	abbreviated format	18-06-2018	2018-19800253	PDF
31-12-2016	abbreviated format	09-06-2017	2017-16500096	PDF
31-12-2015	abbreviated format	18-07-2016	2016-32300425	PDF
31-12-2014	abbreviated format	01-07-2015	2015-25900453	PDF
31-12-2013	abbreviated format	26-06-2014	2014-23100216	PDF
31-12-2012	abbreviated format	20-06-2013	2013-20000451	PDF
31-12-2011	abbreviated format	28-06-2012	2012-23300103	PDF
31-12-2010	abbreviated format	27-07-2011	2011-34800278	PDF
31-12-2009	abbreviated format	18-06-2010	2010-20000024	PDF
31-12-2008	abbreviated format	30-10-2009	2009-83900335	PDF
31-12-2007	abbreviated format	16-06-2008	2008-24500242	PDF
31-12-2006	abbreviated format	23-07-2007	2007-47600301	PDF
31-12-2005	abbreviated format	19-06-2006	2006-27102817	PDF
31-12-2004	abbreviated format	07-06-2005	2005-21801736	PDF
31-12-2003	abbreviated format	22-06-2004	2004-29201161	PDF
31-12-2002	abbreviated format	04-06-2003	2003-19403968	PDF
31-12-2001	abbreviated format	16-09-2002	2002-56200015	PDF
31-12-2000	abbreviated format	25-07-2001	2001-42702237	PDF
31-12-1999	abbreviated format	28-06-2000	2000-31205109	PDF
31-12-1998	abbreviated format	14-10-1999	1999-53304294	PDF
31-12-1997	abbreviated format	17-06-1998	1998-18702886	PDF
31-12-1996	abbreviated format	03-07-1997	1997-27101019	PDF
31-12-1995	abbreviated format	05-06-1996	1996-13101998	PDF
31-12-1994	abbreviated format	01-06-1995	1995-11103790	PDF
31-12-1993	abbreviated format	01-07-1994	1994-25604270	PDF
31-12-1992	abbreviated format	04-10-1993	1993-38502873	PDF

Subsidies and aid

Flemish government 2022 to 2025, 5 entries, €14,813 awarded, €13,710 paid

Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)

€12,210

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

€2,603

Year	Entries	Awarded	Paid
2025	1	€1,103	€0
2023	2	€4,217	€4,217
2022	2	€9,493	€9,493

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
1.3m	1.0m	412,333	676,576	418,547	520,093	458,280	289,461	204,232	227,212	190,576	208,770	137,098	117,754	83,623	101,152	78,191	76,648	107,835	61,341
1.1m	885,291	381,286	588,971	384,616	474,352	405,191	242,352	165,570	191,285	164,291	156,553	107,814	100,440	66,205	84,630	60,475	60,360	86,621	46,810
1.4m	60,139	419,903	15,798	460,253	124,467	99,400	95,842	57,716	322,771	1.0m	37,123	39,469	133,594	57,867	254,554	13,783	1,101	172,940	12,449
143,106	365,069	-22,106	16,553	-166,060	157,386	164,129	-53,548	2,457	33,427	-401	38,636	-23,443	-19,758	52,687	-121,996	32,632	77,584	-33,114	-
708,675	497,471	330,027	421,496	313,155	443,085	361,197	217,120	290,980	276,017	320,629	226,603	166,321	173,227	187,107	191,047	233,556	205,429	163,995	144,832
25.6%	33.5%	32.1%	31.9%	23.5%	22.5%	20.5%	19.0%	24.9%	22.2%	24.9%	55.7%	48.1%	45.8%	46.0%	48.3%	61.7%	54.4%	47.6%	54.6%
1.45	1.46	1.41	1.55	1.42	1.59	1.53	1.38	1.76	1.56	2.04	1.94	1.77	1.87	1.99	2.64	3.48	2.89	2.31	1.99
1.02	0.87	0.74	0.71	0.77	0.95	0.95	0.73	1.11	0.97	1.47	1.30	1.01	0.88	0.99	1.07	2.21	1.81	1.16	0.98
2.91	1.98	2.12	2.13	3.25	3.44	3.89	4.26	3.02	3.50	3.01	0.80	1.08	1.18	1.17	1.07	0.62	0.84	1.10	0.83
71.5%	68.9%	22.0%	53.7%	37.2%	63.2%	62.2%	22.3%	1.3%	2.3%	3.6%	18.7%	11.4%	6.6%	7.3%	9.4%	11.0%	10.9%	14.9%	11.8%
18.3%	23.1%	7.0%	17.1%	8.8%	14.2%	12.7%	4.2%	0.3%	0.5%	0.9%	10.4%	5.5%	3.0%	3.4%	4.6%	6.8%	5.9%	7.1%	6.5%
16.64	24.13	15.46	23.86	11.99	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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.

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	17	15	13	13	13
full-time	14	12	10	10	11
part-time	3	3	3	3	2
in full-time equivalents	15.5	13.3	11.5	11.5	11.7
	14.6	12.7	10.8	11.7	12.3
On a permanent contract	15	13	13	13	13
Joined	7	6	2	-	1
Left	5	4	2	-	1
Training hours	-	-	-	-	41

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others

Item	2025	2024	2023	2022	2021
Debts secured on the company's own assets	€2.1m	€934,916	€1.2m	€934,398	€1.1m
Mortgages, amount registered	€100,000	€50,000	€50,000	€50,000	€50,000
	€2.4m	€1.0m	€1.0m	€1.0m	€1.0m
Carrying value of the mortgaged assets	€1.9m	€716,403	€751,471	€778,946	€802,794

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€1.4m	€50,139	€418,567	€12,339	€457,453
Intangible fixed assets	-	-	€1,336	€2,260	-
Financial fixed assets	€0	€10,000	-	€1,199	€2,800
	€288,243	€241,592	€204,229	€184,203	€176,308

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on LP CONSTRUCT

The operating result for 2025 is 27% higher than in 2024 and the highest since 2006. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total rises from 66.5% to 74.4%. Equity and debt are higher.

Board & ownership

Board

2 directors, 1 in day-to-day management, last change in 2023

Chair of the board, director (not named in the articles) and managing director, permanent representative

chair of the board appointed by deed of 05-08-2019 director (not named in the articles) since 05-09-2023 term until 05-09-2029

listed in the 2025 annual accounts, filed on 27-08-2026

Director (not named in the articles)

since 05-09-2023 6-year term from 2023

earlier director, until 12-09-2023

listed in the 2025 annual accounts, filed on 27-08-2026

Permanent representatives 1

Permanent representative, for

appointed by deed of 05-08-2019

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today

Chair of the board, Managing director, Director (not named in the articles)

Director (not named in the articles)

Director

Managing director

LeadershipBoardEarlierRest of the termmandate already running before its first mention

Mandates as a list

- Director, from 28-06-2019 to 12-09-2023
- Chair of the board, appointed by deed of 05-08-2019, still in office
- Managing director, appointed by deed of 05-08-2019, still in office
- Director (not named in the articles), since before 12-09-2023
- Director, from 28-06-2019 to 12-09-2023
- Director (not named in the articles), since before 12-09-2023
- Director, from before 07-07-2015 to 05-08-2019
- Director, from before 07-07-2015 to 05-08-2019
- Managing director, from before 07-07-2015 to 05-08-2019

See the board, name and registered office on a given date →

Control

Parent

Equity €591,517

Profit €354,867 in 2025 (profit €65,871 in 2024)

Source: accounts 2025

100%

This company

LP CONSTRUCT

Equity €1.2m

Profit €838,746 in 2025

Capital

Capital: €62,000
Shares: 1,250
Contribution per share: €49.60
Equity per share: €938 in 2025
Source: deed of 12-09-2023

Owners through the years

as the annual accounts name them

88%100%

100%

Owners as a list

- 2019 to 2023: 88%
- 2024 to 2025: 100%

Source: lists of holdings in the owners' accounts

Articles of association

deed of 12-09-2023 (in Dutch)

Duration: Unlimited
Board rule: At least 3 directors
Term of at most 6 years
“Gewone meerderheid”
Annual meeting: Third Friday of June at 11:00

Capital transactions

Capital over time

12-09-2023 Capital stated in the deed · €62,000 · 1,250 shares
24-08-2018 Capital reduction of €180,000 · to €62,000 · repaid to the shareholders

Network & group

Group

has 1 direct subsidiary (2025 accounts), the bar shows equity in euros

Parent1 holding, 1 country 2025 accounts

Belgium 1 Equity Result

BE LP Construct €1.2m result €838,746

Source: list of holdings in the 2025 accounts of . Every holding stands with its own latest accounts.

Connections & network

2 current directors

Depth

The network starts from the directors of LP CONSTRUCT. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet

Timeline

48 events since 1991

Board

Capital

Filings

Financial

Permits

Establishments

Address

1995200020052010201520202025

Deadline for the 2026 accounts: 31-07-2027

2026

27-08-2026

Annual accounts 2025 filed NBBabbreviated format · 27 days late

06-01-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0445241876

2025

31-12-2025

Highest result from 2006 to 2025 net €838,746 ▲30.3% The operating result of €1.0m and the net result of €838,746 are both a record.

31-12-2025

Equity above €1m equity €1.2m ▲25.6% Equity rises from €934,165 to €1.2m.

19-12-2025

08-07-2025

Annual accounts 2024 filed PDFabbreviated format · 23 days before the deadline

2024

08-07-2024

Annual accounts 2023 filed PDFabbreviated format · 23 days before the deadline

2023

12-09-2023

2 directors resigning, 2 reappointmentsResignations: and · Reappointments: (director) and (director) · Permanent representative: · General meeting of 05-09-202310 points ▸

General meeting, 05-09-2023
Purpose change, “Het ontwerpen,plaatsen en onderhouden van poorten,deuren en ventilatieluiken; Het optreden als installateur van elektrische installaties en het uitoefenen van…” (deed in Dutch)
Capital, €62,000, 1,250 shares
Registered office clause, De Schachelaar 6, 9870 Zulte (Machelen)
Director resignation,
Director reappointment, (director (not named in the articles))
Director resignation,
Director reappointment, (director (not named in the articles))
Permanent representative,
Director reappointment, (managing director)
The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

30-06-2023

Annual accounts 2022 filed PDFabbreviated format · 31 days before the deadline

2022

29-06-2022

Annual accounts 2021 filed PDFabbreviated format · 32 days before the deadline

2021

11-06-2021

Annual accounts 2020 filed PDFabbreviated format · 50 days before the deadline

2020

31-12-2020

Equity above €500,000 equity €501,379 ▲15.4% Equity rises from €434,419 to €501,379.

04-09-2020

Annual accounts 2019 filed PDFabbreviated format · 35 days late

2019

05-08-2019

2 directors appointed, 2 resignationsResignations: (managing director) and · Appointments: (chair of the board) and · Permanent representative: · General meeting of 28-06-20199 points ▸

General meeting, 28-06-2019
Director resignation, (managing director)
Director resignation,
Director appointment,
Director appointment,
Permanent representative,
Board meeting, 28-06-2019
Director appointment, (chair of the board)
Director appointment, (managing director)

Open the deed in the Belgian Official Gazette

05-06-2019

Annual accounts 2018 filed PDFabbreviated format · 56 days before the deadline

2018

24-08-2018

Capital decrease of €180,000 to €62,000Capital from €242,000 to €62,000 · General meeting of 20-08-20184 points ▸

General meeting, 20-08-2018
Amendment of the articles, article 2
Capital decrease, €180,000
Amendment of the articles, article 5.1
The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

18-06-2018

Annual accounts 2017 filed PDFabbreviated format · 43 days before the deadline

2017

31-12-2017

Weakest financial year net €5,911 ▼44.7% The net result drops to €5,911, the lowest from 2006 to 2025. It recovers the following year.

09-06-2017

Annual accounts 2016 filed PDFabbreviated format · 52 days before the deadline

2016

18-07-2016

Annual accounts 2015 filed PDFabbreviated format · 13 days before the deadline

20-04-2016

Registered office moved from Oeselgem to ZulteNew registered office: De Schachelaar 6, 9870 Zulte (Machelen) · Previous registered office: Houtstraat 17A, 8720 Oeselgem · General meeting of 22-02-20162 points ▸

General meeting, 22-02-2016
Registered-office move, De Schachelaar 6, 9870 Zulte (Machelen)

Open the deed in the Belgian Official Gazette

2015

07-07-2015

Reappointments: (managing director) and (director)General meeting of 15-05-20154 points ▸

General meeting, 15-05-2015
Director reappointment,
Director reappointment,
Director reappointment, (managing director)
The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

01-07-2015

Annual accounts 2014 filed PDFabbreviated format · 30 days before the deadline

2014

26-06-2014

Annual accounts 2013 filed PDFabbreviated format · 35 days before the deadline

2013

20-06-2013

Annual accounts 2012 filed PDFabbreviated format · 41 days before the deadline

2012

28-06-2012

Annual accounts 2011 filed PDFabbreviated format · 33 days before the deadline

2011

27-07-2011

Annual accounts 2010 filed PDFabbreviated format · 4 days before the deadline

2010

18-06-2010

Annual accounts 2009 filed PDFabbreviated format · 43 days before the deadline

2009

30-10-2009

Annual accounts 2008 filed PDFabbreviated format · 91 days late

2008

16-06-2008

Annual accounts 2007 filed PDFabbreviated format · 45 days before the deadline

2007

31-12-2007

Equity above €200,000 equity €212,867 ▲17.6% With a profit in every financial year since 2006, equity grows to €212,867.

23-07-2007

Annual accounts 2006 filed PDFabbreviated format · 8 days before the deadline

2006

19-06-2006

Annual accounts 2005 filed PDFabbreviated format

2005

07-06-2005

Annual accounts 2004 filed PDFabbreviated format

2004

22-06-2004

Annual accounts 2003 filed PDFabbreviated format

2003

04-06-2003

Annual accounts 2002 filed PDFabbreviated format

2002

16-09-2002

Annual accounts 2001 filed PDFabbreviated format

2001

25-07-2001

Annual accounts 2000 filed PDFabbreviated format

2000

28-06-2000

Annual accounts 1999 filed PDFabbreviated format

1999

14-10-1999

Annual accounts 1998 filed PDFabbreviated format

1998

17-06-1998

Annual accounts 1997 filed NBBabbreviated format

1997

03-07-1997

Annual accounts 1996 filed NBBabbreviated format

1996

05-06-1996

Annual accounts 1995 filed NBBabbreviated format

1995

01-06-1995

Annual accounts 1994 filed NBBabbreviated format

1994

01-07-1994

Annual accounts 1993 filed NBBabbreviated format

1993

04-10-1993

Annual accounts 1992 filed NBBabbreviated format

1991

14-11-1991

First establishment De Schachelaar 6, Zulte

25-09-1991

Incorporation published on 18-10-1991

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

LP CONSTRUCT was incorporated on 25 September 1991.¹ The registered office was moved to Zulte in 2016.² Total assets rose from €1.9m in 2018 to €4.6m in 2025 and headcount from 11.6 to 14.6 full-time equivalents.³

Company details

Identity

Enterprise number: 0445.241.876
VAT number: BE 0445.241.876
Peppol ID: 0208:0445241876
Other Peppol ID: 9925:BE0445241876
Legal form: Public limited company
Status: Active, normal situation
Founded: 25-09-1991
Financial year: ends on 31 December
Annual meeting: Third Friday of June at 11:00
deed of 12-09-2023 (in Dutch)
Peppol: Reachable since 06-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name: LP CONSTRUCT in Dutch
Entity type: Legal entity
Duration: Unlimited
deed of 12-09-2023 (in Dutch)
Registered office clause: “Vlaams Gewest”
deed of 12-09-2023 (in Dutch)

Activities

NACEBEL 2025

VAT activities

25110 Manufacture of metal structures and parts of structures main activity

Social security (RSZ) activities

25110 Manufacture of metal structures and parts of structures main activity

Joint committees annual accounts 2025

JC 209 White-collar workers in metal manufacturing

Codes under NACEBEL 2008

VAT activities

25110 Manufacture of metal structures and parts of structures main activity

Social security (RSZ) activities

25110 Manufacture of metal structures and parts of structures main activity

Codes under NACEBEL 2003

28110 main activity

Purpose: “Het beleggen, het intekenen op, vast overnemen, plaatsen, kopen, verkopen en verhandelen van aandelen, deelbewijzen, obligaties, warrants…”
16 activities
Het beleggen, het intekenen op, vast overnemen, plaatsen, kopen, verkopen en verhandelen van aandelen, deelbewijzen, obligaties, warrants, certificaten, schuldvorderingen, gelden en andere roerende waarden, uitgegeven door Belgische of buitenlandse ondernemingen al dan niet onder de vorm van handelsvennootschappen, administratiekantoren, instellingen en verenigingen al dan niet met een (semi)-publiekrechterlijk statuut;
Het beheren van beleggingen en van participaties in dochtervennootschappen, het waarnemen van bestuurdersfuncties, het verlenen van advies, management en andere diensten aan of in overeenstemming met de activiteiten die de vennootschap zelf voert. Deze diensten kunnen worden geleverd krachtens contractuele of statutaire benoemingen en in de hoedanigheid van externe raadgever of orgaan van de cliënt;
Het verstrekken van leningen en voorschotten onder eender welke vorm of duur, aan alle verbonden ondernemingen of ondernemingen waarin ze een participatie bezit, alsmede het waarborgen van alle verbintenissen van zelfde ondernemingen.
Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten, zoals de aan- en verkoop, de bouw, de verbouwing, de binnenhuisinrichting en decoratie, de huur en verhuur, de ruil, de verkaveling en, in het algemeen, alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken, van onroerende goederen of onroerende zakelijke rechten;
Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend vermogen; alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals de aan- en verkoop, de huur en verhuur, de ruil; in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren, aandelen, obligaties, staatsfondsen;
Het verwerven en aanhouden van participaties, in eender welke vorm, in alle bestaande of op te richten, industriële, commerciële, financiële, landbouw- of immobiliënvennootschappen of -ondernemingen; het stimuleren, de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen, waarin ze een participatie aanhoudt; het deelnemen aan hun beheer, bestuur, vereffening en toezicht alsmede het verlenen van technische, administratieve en financiële bijstand aan deze vennootschappen en ondernemingen.
Het ontwerpen, plaatsen en onderhouden van poorten, deuren en ventilatieluiken.
Het optreden als installateur van elektrische installaties en het uitoefenen van alle activiteiten met betrekking tot elektrotechniek en meer in het bijzonder het herstellen van elektrische toestellen het plaatsen en herstellen van het plaatsen, onderhouden en herstellen van fotovoltaïsche panelen, het plaatsen en herstellen van alle elektrische installaties voor stroomvoorziening, voor verlichting, voor lichtreclame, voor verwarming, voor domotica, voor communicatie, voor signalisatie, voor opname en weergave van beelden of geluiden en voor beveiliging tegen overspanning, brand of diefstal;
Het uitoefenen van alle installatieactiviteiten voor centrale verwarming, klimaatregeling, gas en sanitair. Meer in het bijzonder het plaatsen en het herstellen, met inbegrip van alle leidingen, van: centrale verwarmingsinstallaties, dit wil zeggen installaties die bestaan uit een centrale verwarmingsbron, waarbij de warmte wordt verspreid door leidingen met water, lucht of stoom; gastoestellen voor verwarming; artikelen en apparaten voor sanitair gebruik; klimaatregelinginstallaties waarvoor alleen water of lucht wordt gebruikt als koelmiddel; het plaatsen van zonnecollectoren voor productie van warmwater;
Het optreden als en het uitoefenen van alle activiteiten van aannemer van diverse werken, klussen en karweien;
De aan- en verkoop, import en export, de fabricatie en de plaatsing van alle bouwmaterialen; de groot- en kleinhandel in bouwproducten en materialen en toebehoren in de ruimste zin van het woord;
Het uitvoeren van timmer-, schrijn- en metaalwerk;
Het verrichten van alle activiteiten die verband houden en verenigbaar zijn met dit beroep/deze activiteit.
Alle mogelijke advies en/of dienstenfuncties;
Consultancy, opleiding, technische expertise en bijstand op voornoemd(e) gebied(en);
Het geven van advies en verstrekken van diensten met betrekking tot de organisatie en het beheer van bedrijven die op dit (die) domein(en) actief zijn, de vertegenwoordiging en het optreden als commercieel tussenpersoon.
deed of 12-09-2023 (in Dutch)

Registered office and establishments

1 establishment

Establishment	Since	Unit number
De Schachelaar 6 registered office 9870 Zulte	14-11-1991	2.054.990.926

1 former office

Houtstraat 17A, 8720 Oeselgem until 29-02-2016 · deed of 20-04-2016

Buildings and parcels at the address

Ground area: 3,829 m²
Buildings: 1,933 m²

Environmental permits

4 applications in Flanders since 2019 · 1 refused

19-12-2025	Refused	Bouwen of herbouwen; Gevel-, dak-, instandhoudings- en renovatiewerken binnen een gebouw, zonder volume- of oppervlaktewijziging; Slopen of verwijderen; Slopen van niet vrijstaande gebouwen of constructies; Verbouwen / Wijzigen Infrastructuur submitted 04-08-2025 · project 2025043390	Dentergem
01-02-2023	Discontinued	Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies submitted 02-12-2022 · project 2022049371	Dentergem
10-09-2020	Discontinued	Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies submitted 12-08-2020 · project 2020105687	Dentergem
07-01-2020	Discontinued	Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies submitted 08-11-2019 · project 2019110531	Dentergem

Source: Omgevingsloket Vlaanderen.

registered office establishment The establishment unit on the map

Parcels

Cadastral parcel	Area	Buildings	Height / floors
44037B0064/00G002	3,829 m²	1 · 1,933 m²	-

Overview

Lifetime

Key points

Equity

Debts

Investments

Staff

Filings

Position in the sector

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on LP CONSTRUCT

Financials

Annual accounts 2025

Balance sheet

Change in equityin €m

Change in cashin €m

Position in the sector

Solvency25.6%

Current ratio1.45

Return on assets18.3%

Staff

Staff cost per FTE€54,495

Joined and left+2 people

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2025, 5 entries, €14,813 awarded, €13,710 paid

Key figures and ratios

Social balance sheet

Securities and guarantees

Investments

Insights on LP CONSTRUCT

Board & ownership

Board

Mandates through the years

Control

Capital

Owners through the years

Articles of association

Capital transactions

Network & group

Group

Belgium 1 Equity Result

Connections & network

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Environmental permits

Location

Parcels

in €m

in €m

25.6%

1.45

18.3%

€54,495

+2 people