LP Construction
ActiveSummary
LP Construction has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66,441 and a net result of -€3,398. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 72% of 28254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability58▼-19
Solvency92▼-8
Growth52=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity short (current ratio 0.35 against 0.83 in 2024; short-term debt: 33% of total assets), and 33% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67%
Return on assets
-3.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
31 d late
2024
81 d late
2023
114 d late
2022
100 d late
2021
31 d late
2020
30 d late
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 68 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€3,398
2024 · €5,685
Working capital
-€21,333▼ 502%
2024 · -€3,547
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€13,103€5,498▼ 58.0%€36,464▲ 563%€6,767▼ 81.4%€14,541▲ 115%
Net result€11,601within the sector's middle half€5,217within the sector's middle half▼ 55.0%€30,044within the sector's middle half▲ 476%€5,685within the sector's middle half▼ 81.1%-€3,398below the sector's middle half
Equity€28,893within the sector's middle half▼ 2.7%€34,110below the sector's middle half▲ 18.1%€64,154below the sector's middle half▲ 88.1%€69,839below the sector's middle half▲ 8.9%€66,441within the sector's middle half▼ 4.9%
Total assets€43,403below the sector's middle half▲ 1.5%€42,036below the sector's middle half▼ 3.1%€76,560below the sector's middle half▲ 82.1%€90,497below the sector's middle half▲ 18.2%€99,182within the sector's middle half▲ 9.6%
Debt€14,510▲ 10.9%€7,926▼ 45.4%€12,406▲ 56.5%€20,658▲ 66.5%€32,742▲ 58.5%
Working capital€5,250within the sector's middle half▲ 2.0%€12,110below the sector's middle half▲ 131%€42,154within the sector's middle half▲ 248%-€3,547below the sector's middle half-€21,333below the sector's middle half▼ 502%
Solvency66.6%above the sector's middle half▼ 2.8pp81.1%above the sector's middle half▲ 14.6pp83.8%above the sector's middle half▲ 2.7pp77.2%above the sector's middle half▼ 6.6pp67.0%within the sector's middle half▼ 10.2pp
Current ratio1.36within the sector's middle half▼ 0.032.53above the sector's middle half▲ 1.174.40above the sector's middle half▲ 1.870.83below the sector's middle half▼ 3.570.35below the sector's middle half▼ 0.48
Return on assets (ROA)26.7%above the sector's middle half▲ 49.4pp12.4%above the sector's middle half▼ 14.3pp39.2%above the sector's middle half▲ 26.8pp6.3%within the sector's middle half▼ 33.0pp-3.4%below the sector's middle half▼ 9.7pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 115% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €99,182
Fixed assets
€87,774 ▲ 19.6%
Current assets
€11,408 ▼ 33.3%
Equity and liabilities €99,182
Equity
€66,441 ▼ 4.9%
Debt
€32,742 ▲ 58.5%
Debt's share of the balance-sheet total rises from 22.8% to 33.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€17,407▲
2024 · €7,882
Cash flow
-€532▼
2024 · €6,800
Debt to equity
0.49▲
2024 · 0.30
ROE
-5.1%▼
2024 · 8.1%
Interest coverage
5.28▼
2024 · 27.71
Debt ≤ 1 year
€32,742▲
2024 · €20,658
Income taxes
€14,642▲
2024 · €800
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,915 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
91%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,915 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €900 | €1,893 | - | €1,115 | €2,866 | ▲ 157% |
| Other operating charges640/8 | €909 | €708 | €1,738 | €1,247 | €2,936 | ▲ 136% |
| Gross operating margin9900 | €14,912 | €8,099 | €38,202 | €9,129 | €20,343 | ▲ 123% |
| Operating profit (loss)9901 | €13,103 | €5,498 | €36,464 | €6,767 | €14,541 | ▲ 115% |
| Financial income75/76B | - | - | - | €2 | €0 | ▼ 85.0% |
| Recurring financial income75 | - | - | - | €2 | €0 | ▼ 85.0% |
| Financial charges65/66B | €792 | €281 | €2,929 | €285 | €3,297 | ▲ 1,059% |
| Recurring financial charges65 | €792 | €281 | €2,929 | €285 | €3,297 | ▲ 1,059% |
| Profit (loss) for the period before taxes9903 | €12,310 | €5,217 | €33,535 | €6,485 | €11,244 | ▲ 73.4% |
| Income taxes67/77 | €709 | - | €3,491 | €800 | €14,642 | ▲ 1,730% |
| Profit (loss) for the period9904 | €11,601 | €5,217 | €30,044 | €5,685 | -€3,398 | ▼ 160% |
| Profit (loss) for the period to be appropriated9905 | €11,601 | €5,217 | €30,044 | €5,685 | -€3,398 | ▼ 160% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €43,403 | €42,036 | €76,560 | €90,497 | €99,182 | ▲ 9.6% |
| Fixed assets21/28 | €23,643 | €22,000 | €22,000 | €73,385 | €87,774 | ▲ 19.6% |
| Tangible fixed assets22/27 | €23,643 | €22,000 | €22,000 | €73,385 | €87,774 | ▲ 19.6% |
| Land and buildings22 | €21,750 | €21,750 | €21,750 | €73,135 | €80,003 | ▲ 9.4% |
| Furniture and vehicles24 | €1,893 | - | - | - | €7,521 | - |
| Leasing and similar rights25 | - | €250 | €250 | €250 | €250 | = |
| Current assets29/58 | €19,760 | €20,036 | €54,560 | €17,112 | €11,408 | ▼ 33.3% |
| Amounts receivable within one year40/41 | €14,073 | €15,386 | €49,021 | €15,427 | €9,928 | ▼ 35.6% |
| Trade receivables40 | €8,154 | €7,930 | €45,726 | €14,888 | €9,928 | ▼ 33.3% |
| Other amounts receivable41 | €5,919 | €7,456 | €3,295 | €539 | - | - |
| Cash at bank and in hand54/58 | €4,941 | €4,650 | €5,539 | €1,301 | - | - |
| Deferred charges and accrued income490/1 | €746 | - | - | €384 | €1,480 | ▲ 285% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €43,403 | €42,036 | €76,560 | €90,497 | €99,182 | ▲ 9.6% |
| Equity10/15 | €28,893 | €34,110 | €64,154 | €69,839 | €66,441 | ▼ 4.9% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | €20,833 | €26,050 | €56,094 | €61,779 | €58,381 | ▼ 5.5% |
| Amounts payable17/49 | €14,510 | €7,926 | €12,406 | €20,658 | €32,742 | ▲ 58.5% |
| Amounts payable within one year42/48 | €14,510 | €7,926 | €12,406 | €20,658 | €32,742 | ▲ 58.5% |
| Financial debts43 | - | - | - | - | €631 | - |
| Credit institutions430/8 | - | - | - | - | €631 | - |
| Trade debts44 | €2,214 | €7,033 | €11,301 | €8,212 | €21,049 | ▲ 156% |
| Suppliers440/4 | €2,214 | €7,033 | €11,301 | €8,212 | €21,049 | ▲ 156% |
| Taxes, remuneration and social security45 | €5,572 | €479 | €479 | €668 | €6,762 | ▲ 912% |
| Taxes450/3 | €5,572 | €479 | €479 | €668 | €6,762 | ▲ 912% |
| Other amounts payable47/48 | €6,725 | €414 | €626 | €11,779 | €4,300 | ▼ 63.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,601 | €5,217 | €30,044 | €5,685 | -€3,398 | ▼ 160% |
| + Depreciation and write-downs630 | €900 | €1,893 | - | €1,115 | €2,866 | ▲ 157% |
| Operating cash flow (approximation) | €12,501 | €7,110 | €30,044 | €6,800 | -€532 | ▼ 108% |
| Investment in fixed assets (approximation) | - | -€250 | €0 | -€52,500 | -€17,255 | ▲ 67.1% |
| Change in cash | - | -€292 | €889 | -€4,238 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
20-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 81 days late
2024
22-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 114 days late
2023
31-12
Financial
Highest result since 2018net €30,044 ▲476%
Operating result €36,464, net result €30,044, both a record.
08-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 100 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €11,601
Net result €11,601 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet -€9,709
Net result drops to -€9,709, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 1.61
Current ratio from 0.56 to 1.61; short-term debt falls from €23,255 to €10,649.
20-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 51 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Leuze-en-Hainaut · 1 establishment unit since 2016
Ground area
250 m²
Building footprint
181 m²
Volume, LiDAR
1,598 m³
Parcel 57048C0035/00C006, Wallonia · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Bergeant(L) 10, 7900 Leuze-en-Hainaut
since 20162.257.687.866
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57048C0035/00C006 | Wallonia | 250 m² | 1 · 180 m² | 12.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,141 companies in sector 43910 we hold annual accounts for 5,493. 4,786 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-06-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43910Bricklaying and masonry work
43230Insulation installation
43240Other construction installation
43990Other specialised construction activities
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95314Bodywork repair (including spraying and painting)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0657786296
Also
9925:BE0657786296
Registered
11-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.