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LRC SAFETY

Active
Private limited companyfounded 2012active for 14 yearsKunstlaan 56, 1000 Brussel, BelgiumKBO/BCE: BE 0849.246.084
Summary

LRC SAFETY has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €54,085 and a net result of €29,827. Equity has been growing by about 5.6% per year since 2018. Its solvency ranks better than 54% of 35,966 sector peers (NACE 43, financial year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Official details

Source: KBO
Status
Active since 03-10-2012 Normal situation
Registered office
356 active companies are registered at this address 18 started in the 12 months before. Source: KBO register, as of 4 November 2026.
Activity
General electrical installation work NACE 43211
Joint committees
201 Paritair Comité voor de zelfstandige kleinhandel
149 Paritair Comité voor de sectors die aan de metaal-, machine- en elektrische bouw verwant zijn · annual accounts 2022
Establishment unit
2.212.927.514 1930 Zaventem, since 05-10-2012
Financial year end
31 December
Peppol
Reachable since 18-11-2025

Board and ownership

Board

Financial position

57 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.0%
Annual accounts 2024
Gross margin
€311,644
▲ 3.3%
Turnover
≈ €700,000
estimated
Profit
€29,827
▼ 10.5%
Equity
€54,085
▲ 1.6%
Total assets
€107,782
▼ 5.4%
Staff
≈ 4.4 FTE
estimated
  • 2025 accounts not filed, 96 days past the deadline
Score breakdownraises riskCapped at 59: a confirmed filing finding1 financial year not filed after the legal deadline; last filed accounts filed 106 days late; 3 of the last 3 accounts lateFigures for financial year 2024 (filed on 14-11-2025)lowers riskLiquidity: current ratio 1.85, cash €58,357Founded in 2012Show the evidence

Checked score

Score 2024
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 65% of micro companies in specialised construction (NACE 43)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Strong
Solvency 75+3
equity 50.2% of total assets
Liquidity 75+41
short-term debt 49.8% · cash 54.1%
Profitability 100=
return on assets 27.7%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,685 companies, NACE 43, micro)
Last 24 months 12-2024: 1.1% 01-2025: 1.0%▼ -0.1 percentage points vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.1%▲ +0.1 percentage points vs 06-2025 08-2025: 1.5%▲ +0.4 percentage points vs 07-2025 09-2025: 1.6%▲ +0.1 percentage points vs 08-2025 10-2025: 2.4%▲ +0.8 percentage points vs 09-2025 11-2025: 2.5%▲ +0.1 percentage points vs 10-2025highest value 12-2025: 0.5%▼ -2.0 percentage points vs 11-2025 01-2026: 0.4%▼ -0.1 percentage points vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026lowest value 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.2 percentage points vs 07-2026 09-2026: 0.7%▲ +0.1 percentage points vs 08-2026 10-2026: 1.0%▲ +0.3 percentage points vs 09-2026 11-2026: 1.0%● unchanged vs 10-2026
Credit of up to €3,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 1.85 (1.74 in 2023), above the usual 1.5. Short-term debt is 49.8% and cash 54.1% of total assets. 49.8% of the assets are financed with debt and provisions.
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 43, micro). It does better than 54% of them on solvency, 73% on liquidity, 92% on profitability and 39% on growth.

The bankruptcy probability was computed on 04-11-2026 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

Six signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 106 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 1.85, cash €58,357
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed on 14-11-2025)
NBB · annual accounts
lowers risk · Founded in 2012
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 96 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline04-11-2026 today
raises risk · 2024 accounts filed 106 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-11-2025, 106 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
106 days late
2023
57 days late
2022
64 days late
2021
121 days late
2020
86 days late
2019
115 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 92 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Higher gross margin than 95% of companies in specialised constructionsector median €38,687 · 35,910 companies €311,644 View

Recent changes

  1. · Gazette deed Amendment of the articles · Legal-form change · Resignations & appointmentsGeneral meeting of 20-09-2023
  2. · Gazette deed Resignation: Bahi Larbi (administrateur journalier)Appointment: François Jérôme (administrateur journalier) · Director discharge: Bahi Larbi (administrateur journalier)
  3. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as LRC SAFETY: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €107,000 and €153,000, founded between 2009 and 2017.

CompanyTotal assetsGross margin
LRC SAFETY Brussel€107,782€311,644
K.L.Z. Brussel€136,981€217,397
Immo Concept'EcoEnergy Etalle€106,712€211,748
ELTRAMEC Lille€106,813€195,867
KEFRA CONSULTING Wavre€129,741€224,683
SOLUTECH SERVICES Thimister-Clermont€152,821€270,774
SOFITEC Sint-Jans-Molenbeek€119,765€244,025
Full comparison

Key facts about LRC SAFETY

What is the company number of LRC SAFETY?
The company number of LRC SAFETY is 0849.246.084. The VAT number is the same number with BE in front: BE 0849.246.084.
Where is LRC SAFETY based?
The registered office is at Kunstlaan 56, 1000 Brussel.Company details
What does LRC SAFETY do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of LRC SAFETY?
The legal form of LRC SAFETY is Private limited company (BV).
When was LRC SAFETY founded?
LRC SAFETY was founded on 03-10-2012.
Is LRC SAFETY still active?
Yes, LRC SAFETY is an active enterprise in the KBO register.
How many employees does LRC SAFETY have?
LRC SAFETY had an average of 5.3 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
Which joint committee does LRC SAFETY fall under?
In its 2022 annual accounts, LRC SAFETY states joint committees 201 (Paritair Comité voor de zelfstandige kleinhandel) and 149 (Paritair Comité voor de sectors die aan de metaal-, machine- en elektrische bouw verwant zijn).
What is the turnover of LRC SAFETY?
The turnover in financial year 2024 is ≈ €700,000. This figure is estimated from the gross margin of €311,644 and 34 comparable companies (NACE 43211). It probably lies between €610,000 and €860,000.
Is LRC SAFETY profitable?
In financial year 2024, LRC SAFETY made a profit of €29,827.
Where can I find the annual accounts of LRC SAFETY?
LRC SAFETY filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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