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LRB CONSTRUCTION

Active
Private limited companyfounded 20241 yr activeRue de Frameries(QLP) 5, 7040 Quévy, BelgiumKBO/BCE: BE 1015.189.726
Summary

The computed 12-month bankruptcy probability of LRB CONSTRUCTION is 1.9% (moderate). The 2024 annual accounts show equity of €5,262 and a net result of €6,262. Its solvency ranks better than 39% of 9974 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability100
Solvency57
Growth-
Track record67
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Five 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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
31.6%
Return on assets
37.6%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 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 · 1 filing
Deviation from the deadline
2024
57 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 57 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 16 October 2024, LRB CONSTRUCTION was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€5,262
Total assets
€16,671
Net result
€6,262
Working capital
€4,141

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €16,671
Equity €5,262
Debt €11,409
Debt finances 68.4% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€7,353
Cash flow
€6,377
Current ratio
1.36
Debt to equity
2.17
ROE
119.0%
ROA
37.6%
Interest coverage
113.78
Debt ≤ 1 year
€11,409
Income taxes
€912
Staff costs
€2,404

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 74% 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 11,279 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
Filed annual accounts As filed with the NBB · 2024 · 36 lines
Balance sheet Code2024
Assets
Total assets20/58€16,671
Formation expenses20€1,121
Current assets29/58€15,551
Amounts receivable within one year40/41€12,609
Trade receivables40€7,079
Other amounts receivable41€5,530
Cash at bank and in hand54/58€2,942
Equity and liabilities
Total equity and liabilities10/49€16,671
Equity10/15€5,262
Contributions10/11€2,000
Reserves13€3,000
Distributable reserves133€3,000
Profit (loss) carried forward14€262
Amounts payable17/49€11,409
Amounts payable within one year42/48€11,409
Trade debts44€7,460
Suppliers440/4€7,460
Taxes, remuneration and social security45€834
Taxes450/3€834
Other amounts payable47/48€3,115
Income statement Code2024
Remuneration, social security and pensions62€2,404
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€115
Other operating charges640/8€149
Gross operating margin9900€9,906
Operating profit (loss)9901€7,238
Financial charges65/66B€65
Recurring financial charges65€65
Profit (loss) for the period before taxes9903€7,174
Income taxes67/77€912
Profit (loss) for the period9904€6,262
Profit (loss) for the period to be appropriated9905€6,262
Appropriation of the result
Profit (loss) to be appropriated9906€6,262
Transfer to equity691/2€3,000
To other reserves6921€3,000
Profit to be distributed694/7€3,000
Directors or managers695€3,000

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€2,404
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€115
Other operating charges640/8€149
Gross operating margin9900€9,906
Operating profit (loss)9901€7,238
Financial charges65/66B€65
Recurring financial charges65€65
Profit (loss) for the period before taxes9903€7,174
Income taxes67/77€912
Profit (loss) for the period9904€6,262
Profit (loss) for the period to be appropriated9905€6,262
Line2024
Assets
Total assets20/58€16,671
Formation expenses20€1,121
Current assets29/58€15,551
Amounts receivable within one year40/41€12,609
Trade receivables40€7,079
Other amounts receivable41€5,530
Cash at bank and in hand54/58€2,942
Equity and liabilities
Total equity and liabilities10/49€16,671
Equity10/15€5,262
Contributions10/11€2,000
Reserves13€3,000
Distributable reserves133€3,000
Profit (loss) carried forward14€262
Amounts payable17/49€11,409
Amounts payable within one year42/48€11,409
Trade debts44€7,460
Suppliers440/4€7,460
Taxes, remuneration and social security45€834
Taxes450/3€834
Other amounts payable47/48€3,115
Line2024
Profit (loss) for the period9904€6,262
+ Depreciation and write-downs630€115
Operating cash flow (approximation)€6,377

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
26-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Quévy · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
915 m²
Building footprint
70 m²
Volume, LiDAR
599 m³
Parcel 53067B0552/00G002, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LRB CONSTRUCTION
Rue de Frameries(QLP) 5, 7040 QuévyConstruction of roads and motorways
since 20242.370.108.688
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53067B0552/00G002 Wallonia 915 m² 1 · 70 m² 10.2 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.

Similar companies · same sector, comparable size

Of 2,456 companies in sector 41003 we hold annual accounts for 1,055. 350 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
Founded16-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
41003General construction of other non-residential buildings
41001General construction of residential buildings
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1015189726
Also 9925:BE1015189726
Registered 24-03-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.