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LS WORKS

Active
Private limited companyfounded 2008active for 18 yearsGiststraat 33, 1050 Elsene, BelgiumKBO/BCE: BE 0898.532.477
Summary

The computed 12-month bankruptcy probability of LS WORKS is 2.6% (moderate). The 2025 annual accounts show negative equity (-€67,674) and a net result of -€4,812. Equity has been shrinking by about 30% per year since 2018. Its solvency ranks better than 5% of 546 sector peers (NACE 81, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 12-06-2008 Normal situation
Activity
Other building cleaning and industrial cleaning NACE 81220and 5 others
Establishment unit
2.175.086.428 1050 Elsene, since 12-06-2008
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Last known board

Financial position

50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.6%
Annual accounts 2025
Gross margin
€6,539
▼ 42.1%
Turnover
≈ €57,000
estimated
Loss
€4,812
▲ 33×
Equity
-€67,674
▼ 7.7%
Total assets
€60,992
▼ 13.4%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 27 days after the deadline
Score breakdownraises riskNegative equity -€67,6741 change of registered office in 24 monthsLoss of €4,812, the second in a row (financial year 2025)lowers riskSize: total assets €60,992Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 14% of micro companies in building services and landscaping (NACE 81)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -111.0% of total assets
Liquidity 19+12
short-term debt 168.8% · cash 15.0%
Profitability 37-23
return on assets -7.9%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (7,710 companies, NACE 81, micro)
Last 24 months 12-2024: 1.9% 01-2025: 1.9%● unchanged vs 12-2024 02-2025: 1.9%● unchanged vs 01-2025 03-2025: 1.8%▼ -0.1 percentage points vs 02-2025 04-2025: 1.8%● unchanged vs 03-2025 05-2025: 1.8%● unchanged vs 04-2025 06-2025: 1.7%▼ -0.1 percentage points vs 05-2025 07-2025: 1.9%▲ +0.2 percentage points vs 06-2025 08-2025: 1.0%▼ -0.9 percentage points vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 0.9%▼ -0.1 percentage points vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026lowest value 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 1.5%▲ +0.6 percentage points vs 07-2026 09-2026: 1.3%▼ -0.2 percentage points vs 08-2026 10-2026: 2.6%▲ +1.3 percentage points vs 09-2026highest value 11-2026: 2.6%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.18 (0.2 in 2024), below 1. Short-term debt is 168.8% and cash 15% of total assets. Equity is negative.
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 81, micro). It does better than 3% of them on solvency, 12% on liquidity, 17% on profitability and 25% on growth.

The bankruptcy probability was computed on 02-11-2026 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 · Negative equity -€67,674
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Loss of €4,812, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €60,992
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
18192022232425
2018 to 2025 · latest year -€67,674
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
27 days late
2024
1 day early
2023
22 days late
2022
28 days late
2020
30 days late
2019
116 days late
2018
121 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 49 days after the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€67,674 View
  • Risk: 6 loss-making years in a rowloss in financial year 2025 -€4,812 View
  • Caution: Lower solvency than 95% of companies in building services and landscapingsector median 41.5% · 546 companies -111.0% View

Recent changes

  1. · Gazette deed Company renamed to LS WORKSRegistered office moved within Ixelles · Change of role: SZALLER Laurent, from manager to director
  2. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as LS WORKS: other building cleaning and industrial cleaning (NACE 81220). They are comparable in size and age: total assets between €54,500 and €94,000, founded between 2003 and 2011.

CompanyTotal assetsGross margin
LS WORKS Elsene€60,992€6,539
Lima Clean Koekelberg€65,113€8,088
ANTEOS Evere€59,538€5,605
C & K CLEANING SOLUTIONS Brussel€54,502€7,399
CLAYON Sint-Agatha-Berchem€64,601€3,902
CAPITAL CLEAN Ukkel€93,972€7,025
R.D.K.NET Landen€54,960€9,948
Full comparison

Key facts about LS WORKS

What is the company number of LS WORKS?
The company number of LS WORKS is 0898.532.477. The VAT number is the same number with BE in front: BE 0898.532.477.
Where is LS WORKS based?
The registered office is at Giststraat 33, 1050 Elsene.Company details
What does LS WORKS do?
According to the KBO register, the main activity is other building cleaning and industrial cleaning (NACE 81220).
What is the legal form of LS WORKS?
The legal form of LS WORKS is Private limited company (BV).
When was LS WORKS founded?
LS WORKS was founded on 12-06-2008.
Is LS WORKS still active?
Yes, LS WORKS is an active enterprise in the KBO register.
What is the turnover of LS WORKS?
The turnover in financial year 2025 is ≈ €57,000. This figure is estimated from the gross margin of €6,539 and 50 comparable companies (NACE 81220). It probably lies between €31,000 and €140,000. It is a rough estimate. In financial year 2022 turnover was €792.Financials
Is LS WORKS profitable?
In financial year 2025, LS WORKS made a loss of €4,812.
Where can I find the annual accounts of LS WORKS?
LS WORKS filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LS WORKS due?
LS WORKS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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