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LRVM

Active
Private limited company (pre-2019)founded 2010active for 16 yearsDe Lange Beemden 11, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0829.328.521
Summary

The computed 12-month bankruptcy probability of LRVM is 9.5% (elevated). The annual accounts of LRVM for financial year 2024 show a net loss of 73% of the equity at the start of that year. The 2024 annual accounts show equity of €32,249 and a net result of -€85,644. Equity is growing by about 23% per year across the filed financial years. Its solvency ranks better than 7% of 7,407 sector peers (NACE 43, financial year 2024). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
LRVMActiveChecked score 29/100
Risk analysis ReportCompare

Overview

Activity
Insulation installation
NACE 43230Joinery installation NACE 43320
6 sites
Size
€855,872total assets 2024
Staff
7.8 FTE
Equity
€32,249
Loss
-€85,644
Turnover not published (abbreviated or micro format)
Financial health
29 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
9.5%
Structure
Parent
LAROVIMO · 100%
2025 accounts not filed, 86 days past the deadline11 deeds in the Belgian Official Gazette
Why 29raises risk1 financial year not filed after the legal deadline; last filed accounts filed 273 days late; 1 of the last 3 lateSize: 7.8 FTE, total assets €855,872Equity €32,249 (3.8% of total assets)lowers riskFounded in 2010Show the evidence

Checked score

Score 2024
29 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 8% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency 29-8
equity 3.8% of total assets
Liquidity 8-2
short-term debt 85.8% · cash 4.1%
Profitability 6-72
return on assets -10.0%
Bankruptcy probability, 12 months
9.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,621 companies, NACE 43, micro)
Last 24 months 11-2024: 1.6% 12-2024: 1.6%● unchanged vs 11-2024 01-2025: 1.6%● unchanged vs 12-2024 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.6%● unchanged vs 02-2025 04-2025: 1.6%● unchanged vs 03-2025 05-2025: 1.5%▼ -0.1 percentage points vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025lowest value 07-2025: 2.0%▲ +0.5 percentage points vs 06-2025 08-2025: 2.9%▲ +0.9 percentage points vs 07-2025 09-2025: 3.6%▲ +0.7 percentage points vs 08-2025 10-2025: 5.0%▲ +1.4 percentage points vs 09-2025 11-2025: 5.1%▲ +0.1 percentage points vs 10-2025 12-2025: 5.6%▲ +0.5 percentage points vs 11-2025 01-2026: 7.0%▲ +1.4 percentage points vs 12-2025 02-2026: 7.0%● unchanged vs 01-2026 03-2026: 7.0%● unchanged vs 02-2026 04-2026: 6.4%▼ -0.6 percentage points vs 03-2026 05-2026: 6.4%● unchanged vs 04-2026 06-2026: 8.3%▲ +1.9 percentage points vs 05-2026 07-2026: 8.4%▲ +0.1 percentage points vs 06-2026 08-2026: 9.1%▲ +0.7 percentage points vs 07-2026 09-2026: 9.3%▲ +0.2 percentage points vs 08-2026 10-2026: 9.5%▲ +0.2 percentage points vs 09-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.06, compared with 1.13 in 2023, below the usual 1.5; short-term debt: 85.8% and cash: 4.1% of total assets), and 96.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 10% on solvency, 5% on liquidity, 10% on profitability and 6% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 273 days late; 1 of the last 3 late
NBB · filings
raises risk · Size: 7.8 FTE, total assets €855,872
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2010
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Equity €32,249 (3.8% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 7407 sector peers (2024).
NBB · sector comparison
Position among 7407 sector peers
Solvency
better than 7%
← weakest strongest →
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, 86 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline25-10-2026 today
raises risk · 2024 accounts filed 273 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-04-2026, 273 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
273 days late
2023
13 days early
2022
84 days early
2021
1 day early
2020
5 days early
2019
14 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 31 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Weakest financial yearnet -€85,644
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Caution: From profit to loss in 2024after €67,881 in 2023 -€85,644 View
  • Caution: Among the weakest 5% on net resultsector median €45,074 · 7,402 companies -€85,644 View
  • Caution: 2025 accounts not fileddeadline was 31-07-2026 86 days past the deadline View
  • Controlled by LAROVIMOultimately: Stalcom 100% View

By topic

Financials

Financial year
2024
Total assets
€855,872
Loss
-€85,644
Solvency
3.8%
Total assets▼ 10.6%
Net result
20182024
Go to Financials

Timeline

Events
18
Since
2012
  1. 31-12-2023Highest result from 2018 to 2024
  2. 31-12-2023Equity above €100,000
  3. 08-05-2023Annual accounts filed
Go to Timeline

Company details

Sites
6
Legal form
Private limited company (pre-2019)
Activity
Insulation installationNACE 43230
Founded
16-09-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about LRVM

What is the company number of LRVM?
0829.328.521. In Belgium the VAT number is the company number with BE in front: BE 0829.328.521.
Where is LRVM based?
The registered office is at De Lange Beemden 11, 3550 Heusden-Zolder.Company details
What does LRVM do?
According to the KBO register, the main activity is insulation installation (NACE 43230).
What is the legal form of LRVM?
Private limited company (pre-2019) (BVBA).
When was LRVM founded?
On 16-09-2010.
Is LRVM still active?
Yes, LRVM is an active enterprise in the KBO register.
How many employees does LRVM have?
On average 7.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of LRVM?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is LRVM profitable?
In financial year 2024, LRVM made a loss of €85,644.
Where can I find the annual accounts of LRVM?
LRVM filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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