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LSG INVEST
ActiveFrom the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of LSG INVEST is 4.7% (elevated). The 2024 annual accounts show negative equity (-€450,644) and a net result of -€218,727. Equity is shrinking by about 156% per year across the filed financial years. Its solvency ranks better than 10% of 19,157 sector peers (NACE 68, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 17-08-2020 Normal situation
- Legal form
- Private limited company
- Registered office
- Rue des XII Hommes(LVG) 5, 4141 Sprimont
- Activity
- Development of residential building projects NACE 68121and 1 other
- Establishment unit
- 2.308.106.981 4800 Verviers, since 17-08-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
How it is doing
- Bankruptcy probabilitywithin 12 months
- 4.7%
Annual accounts 2024
- Gross margin
- €5,043
- Turnover
- ≈ €21,000
- estimated
- Loss
- €218,727
- ▼ 4.5%
- Equity
- -€450,644
- ▼ 94.3%
- Total assets
- €2.5m
- ▼ 4.6%
2025 accounts not filed, 93 days past the deadline
Filed on 16-04-2026PDF
Why 36raises risk1 financial year not filed after the legal deadline; last filed accounts filed 259 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 16-04-2026)Liquidity: current ratio 4.97, cash €17,060, halvedlowers riskSector: Real estate activities (NACE 68)Show the evidence
Checked score
Score 2024
36
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 15% of its sector peers (NACE 68, small)
Financial strength · tick = 2023
Weak
Solvency
7-9
equity -17.7% of total assets
Liquidity
45-24
short-term debt 19.3% · cash 0.7%
Profitability
16=
return on assets -8.6%
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.3%
12-2024: 1.5%▲ +0.2 percentage points vs 11-2024
01-2025: 2.2%▲ +0.7 percentage points vs 12-2024
02-2025: 0.7%▼ -1.5 percentage points vs 01-2025lowest value
03-2025: 0.8%▲ +0.1 percentage points vs 02-2025
04-2025: 0.8%● unchanged vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025
06-2025: 0.9%▲ +0.1 percentage points vs 05-2025
07-2025: 1.0%▲ +0.1 percentage points vs 06-2025
08-2025: 1.3%▲ +0.3 percentage points vs 07-2025
09-2025: 1.5%▲ +0.2 percentage points vs 08-2025
10-2025: 2.2%▲ +0.7 percentage points vs 09-2025
11-2025: 2.3%▲ +0.1 percentage points vs 10-2025
12-2025: 2.5%▲ +0.2 percentage points vs 11-2025
01-2026: 3.3%▲ +0.8 percentage points vs 12-2025
02-2026: 3.3%● unchanged vs 01-2026
03-2026: 3.4%▲ +0.1 percentage points vs 02-2026
04-2026: 3.0%▼ -0.4 percentage points vs 03-2026
05-2026: 2.3%▼ -0.7 percentage points vs 04-2026
06-2026: 2.4%▲ +0.1 percentage points vs 05-2026
07-2026: 2.5%▲ +0.1 percentage points vs 06-2026
08-2026: 3.1%▲ +0.6 percentage points vs 07-2026
09-2026: 3.5%▲ +0.4 percentage points vs 08-2026
10-2026: 4.7%▲ +1.2 percentage points vs 09-2026highest value
No credit on open account
Liquidity ample (current ratio 4.97, compared with 6.49 in 2023, above the usual 1.5; short-term debt: 19.3% and cash: 0.7% of total assets), but equity is negative.
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 68, small): better than 4% on solvency, 41% on liquidity, 9% on profitability and 5% on growth.
The bankruptcy probability was computed on 31-10-2026 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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year -€450,644
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, 93 days later.
NBB · 4 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 259 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-04-2026, 259 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 · 4 filingsDeviation from the deadline
2025
not filed
2024
259 days late
2023
153 days late
2022
31 days late
2021
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 119 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
Key points
- Risk: Negative equityfinancial year 2024: debts exceed assets -€450,644 View
- Risk: 3 loss-making years in a rowloss financial year 2024 -€218,727 View
- Caution: Equity fell in 2024from -€231,917 to -€450,644 ▼ 94.3% View
- Caution: Among the weakest 5% on net resultsector median €4,579 · 19,145 companies -€218,727 View
Documents
Annual accounts at the NBB
- Annual accounts 2024filed on 16-04-2026
- Annual accounts 2023filed on 31-12-2024
- Annual accounts 2022filed on 31-08-2023
- Annual accounts 2021filed on 31-08-2022
Acts in the Belgian Official Gazette
All publications in the Belgian Official GazetteArticles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0752.646.061
Key facts about LSG INVEST
- What is the company number of LSG INVEST?
- 0752.646.061. In Belgium the VAT number is the company number with BE in front: BE 0752.646.061.
- Where is LSG INVEST based?
- The registered office is at Rue des XII Hommes(LVG) 5, 4141 Sprimont.Company details
- What does LSG INVEST do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of LSG INVEST?
- Private limited company (BV).
- When was LSG INVEST founded?
- On 17-08-2020.
- Is LSG INVEST still active?
- Yes, LSG INVEST is an active enterprise in the KBO register.
- What is the turnover of LSG INVEST?
- ≈ €21,000 in financial year 2024. Estimated from the gross margin of €5,043: probably between €10,000 and €66,000, based on 48 comparable companies, NACE 68121. A rough estimate.Financials
- Is LSG INVEST profitable?
- In financial year 2024, LSG INVEST made a loss of €218,727.
- Where can I find the annual accounts of LSG INVEST?
- LSG INVEST filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)
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