LSG services
ActiveSummary
The computed 12-month bankruptcy probability of LSG services is 2.4% (moderate). The 2025 annual accounts show equity of €19,257 and a net result of €27,026. Equity is growing by about 111% per year across the filed financial years. Its solvency ranks better than 35% of 34,855 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €19,257
- Profit
- €27,026
Why 54raises riskFounded in 2023Size: total assets €57,863Sector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.77, cash €2,253Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 35% on solvency, 20% on liquidity, 92% on profitability and 98% on growth.
The bankruptcy probability was computed on 30-10-2026 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
This company filed its last 3 accounts on average 31 days before 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 (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €27,026
- Liquidity more than triplescurrent ratio 1.77
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result returns to profit in 2025: €33,165 after a loss of €8,704 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a higher bankruptcy probability: 2.4% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €195 | €7,266 | €8,318 | ▲ 14.5% |
| Other operating charges640/8 | €1,215 | €823 | €307 | ▼ 62.7% |
| Gross operating margin9900 | €3,345 | -€614 | €41,790 | - |
| Operating profit (loss)9901 | €1,935 | -€8,704 | €33,165 | - |
| Financial charges65/66B | €20 | €1,057 | €1,554 | ▲ 47.1% |
| Recurring financial charges65 | €20 | €1,057 | €1,554 | ▲ 47.1% |
| Profit (loss) for the period before taxes9903 | €1,915 | -€9,760 | €31,611 | - |
| Income taxes67/77 | €924 | - | €4,585 | - |
| Profit (loss) for the period9904 | €991 | -€9,760 | €27,026 | - |
| Profit (loss) for the period to be appropriated9905 | €991 | -€9,760 | €27,026 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €15,886 | €28,585 | €57,863 | ▲ 102% |
| Fixed assets21/28 | €4,605 | €17,545 | €9,227 | ▼ 47.4% |
| Tangible fixed assets22/27 | €4,555 | €17,495 | €9,177 | ▼ 47.5% |
| Plant, machinery and equipment23 | €4,555 | €2,972 | €1,388 | ▼ 53.3% |
| Furniture and vehicles24 | - | €14,524 | €7,789 | ▼ 46.4% |
| Financial fixed assets28 | €50 | €50 | €50 | = |
| Current assets29/58 | €11,281 | €11,040 | €48,636 | ▲ 341% |
| Amounts receivable within one year40/41 | €10,392 | €3,712 | €46,383 | ▲ 12× |
| Trade receivables40 | €9,744 | €3,660 | €45,553 | ▲ 12× |
| Other amounts receivable41 | €648 | €52 | €830 | ▲ 16× |
| Cash at bank and in hand54/58 | €889 | €829 | €2,253 | ▲ 172% |
| Deferred charges and accrued income490/1 | - | €6,499 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €15,886 | €28,585 | €57,863 | ▲ 102% |
| Equity10/15 | €1,991 | -€7,770 | €19,257 | - |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | €991 | -€8,770 | €18,257 | - |
| Amounts payable17/49 | €13,895 | €36,355 | €38,607 | ▲ 6.2% |
| Amounts payable after more than one year17 | - | €15,976 | €11,186 | ▼ 30.0% |
| Financial debts170/4 | - | €15,976 | €11,186 | ▼ 30.0% |
| Amounts payable within one year42/48 | €13,895 | €20,379 | €27,421 | ▲ 34.6% |
| Current portion of amounts payable after more than one year42 | - | €4,569 | €4,789 | ▲ 4.8% |
| Trade debts44 | €6,420 | €11,170 | €12,975 | ▲ 16.2% |
| Suppliers440/4 | €6,420 | €11,170 | €12,975 | ▲ 16.2% |
| Taxes, remuneration and social security45 | €5,955 | €1,379 | €6,692 | ▲ 385% |
| Taxes450/3 | €1,255 | €1,379 | €4,842 | ▲ 251% |
| Remuneration and social security454/9 | €4,700 | - | €1,850 | - |
| Other amounts payable47/48 | €1,519 | €3,262 | €2,964 | ▼ 9.1% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €991 | -€9,760 | €27,026 | - |
| + Depreciation and write-downs630 | €195 | €7,266 | €8,318 | ▲ 14.5% |
| Operating cash flow (approximation) | €1,186 | -€2,494 | €35,344 | - |
| Investment in fixed assets (approximation) | - | -€20,207 | €0 | - |
| Change in cash | - | -€60 | €1,424 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 29-07-2026 | 2026-00383340 |
| 31-12-2024 | micro format | 25-06-2025 | 2025-00210879 |
| 31-12-2023 | micro format | 07-06-2024 | 2024-00126928 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DE SOUZA GOMES Lucio |
|
Owners and capital
Capital and shareholders
- DE SOUZA GOMES Lucio 100 shares (100%)
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 30-05-2023 Incorporation · €1,000 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
30-05
Gazette deed
IncorporationAppointment: DE SOUZA GOMES Lucio (director) · Founder · Founding capital5 facts ▸
- Incorporation, “LSG Services” (deed in Dutch)
- Founder, DE SOUZA GOMES Lucio
- Founding capital, €1,000
- Director appointment, DE SOUZA GOMES Lucio (director)
- Other provision, “afgeleverd vóór registratie akte enkel met oog op verkrijgen ondernemingsnummer, uitgiften en uittreksels voor registratie” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0802.118.041
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22003A0047/00X008 | Flanders | 1,134 m² | 1 · 561 m² | 11.6 m · 3 |
| 21464D0094/00Z002 | Brussels | 255 m² | 1 · 77 m² | 15.0 m · 5 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Alle activiteiten die rechtstreeks of onrechtstreeks verband houden met de bouwonderneming,het onderhoud,de renovatie en afbraakwerken van…” (deed in Dutch)
25 activities (deed in Dutch)
- Alle activiteiten die rechtstreeks of onrechtstreeks verband houden met de bouwonderneming,het onderhoud,de renovatie en afbraakwerken van gebouwen,alle publieke en private werkzaamheden en wegenwerken;
- De groot- of kleinhandel,van alle bouwmaterialen,het vervoer van grondstoffen voor de bouw en bouwafval;
- De bouw van privé woningen,“kant en klare” alleenstaande huizen en appartementen,publieke gebouwen,waaronder begrepen bureau gebouwen;andere niet residentiële gebouwen,industriële of commerciële gebouwen;
- Alle ruwbouwwerken,waaronder begrepen werkzaamheden aan het dak,alsook de behuizing en de draagconstructie,alle werken in het algemeen in de bouw,waaronder de algehele of gedeeltelijke uitvoering van voltooiingswerkzaamheden of van de coördinatie van deze,bij uitvoering via uitbesteding,waaronder de bouw van geprefabriceerde woningen;
- Alle afbraakwerken,van gebouwen en bouwwerken,waaronder begrepen het afvlakken en het ontruimen;
- Alle werken van inbreng;
- Alle werken verwant aan de bedekking van constructies en vochtwerende werken,waaronder begrepen alle bedekkingen in alle materialen,de afdichtingswerken en de bekleding in asfalt en teer,de afwateringswerken van constructies;
- Alle isolatie- en akoestische werken;
- Alle werken omtrent het leggen van bekledingen van muren en bodems,met inbegrip van het leggen van tegels en mozaïeken,van alle andere bekledingen van muren en bodems van hout of alle gelijkaardige materialen;
- Alle werken omtrent plafonnering,cementwerk en plamuren,gipswerk,het plaatsen van de chape;
- Alle werken van beglazing en spiegelplaatsing;
- Alle restauratie-,plaatsing- en kuiswerken,het plaatsen van arduinstenen en marmer,met inbegrip van grafmonumenten,voorgevels van gebouwen en alle marmeren en stenen siervoorwerpen;ook het herstel,het kuisen en reinigen van voorgevels en monumenten;
- Alle werkzaamheden van houtbewerking,schrijnwerkerij en metaalschrijnwerkerij,met inbegrip van het timmeren van een gebouw,montagewerkzaamheden en hang- en sluitwerk,het plaatsen van deuren en plinten,het plaatsen van houten en plastieken luiken,het plaatsen van parket en andere aan bekleding,het plaatsen van valse plafonds;
- Alle monterings- en demonteringswerken van buizen of gelijkaardige producten;
- Het ontwerp,de plaatsing,de renovatie en het onderhoud van uitgeruste keukens;
- Alle werkzaamheden voor centrale verwarming,sanitair en loodgieterij,zinkwerken,waaronder onder andere:de installatie van centrale verwarming op warm water,op stoom of gasverwarming en de hulptoestellen;de installatie van sanitair;loodgieterij en zinkwerk,de installatie van een waterverzachter;niet ijzerhoudende metalen dakgoten en de plaatsing van luiken,alsook de reparatie- en onderhoudswerken;de plaatsing,het onderhoud en het herstel van alle branders;
- Alle werken van industriële leidingen en kanalisatie waaronder onder andere de installatie van ventilatie en luchtcirculatie,de verwarming door warme lucht,de conditionering van lucht en de warmte-isolatie van leidingen en buizen;
- Alle elektriciteitswerkzaamheden,alle elektrische installaties;
- Alle decoratiewerken en binnenhuis inrichtingen van alle gebouwen;
- Alle werkzaamheden bij het water:zee,rivieren en haven werken,droogleggings-,pomp- en draineringswerken;
- Alle werken van grondverzet:boringen,uitgraven van putten;verlagen van de grondwaterstand,ophogen,egaliseren en nivelleren van bouwterreinen,heiwerk en heien van een damwand;alle versterkingswerkzaamheden van de grond via alle systemen;
- Alle draineringswerken:wegspoelen van waterlopen,de aanleg en het onderhoud van vijvers,rivieren en waterlopen;
- De aanleg,egalisatie en het onderhoud van wegen,fietspaden,vliegbanen,metalen en niet-metalen kunstwerken,zoals bruggen en viaducten,tunnels voor treinsporen,silo’s,reservoirs,citernen,zwembaden en alle rioleringswerken;
- Het plaatsen van kabels en diverse kanalisaties,de lokalisatie van hoogspanningskabels en buizen,de kanalisaties voor de water- en gasdistributie,het plaatsen van elektrische kabels;
- Werkzaamheden van aanpassing en onderhoud van speelvlaktes en sportvelden,parken en tuinen met inbegrip van de aanplantingen,het plaatsen van omheiningen en palissades op verschillende terreinen.
- Name clauseThe name the company operates under according to its articles.
- LSG Services
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Alsembergsesteenweg 34,1630 Linkebeek” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “De vergadering die ze benoemt bepaalt hun aantal, de duur van hun mandaat, bepaald of onbepaald, hun bezoldiging en, indien er verschillende…”
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding en sluiting vereffening in één enkele akte, vereisten artikel 2:80 Wetboek van vennootschappen en verenigingen nageleefd” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering, één of meerdere vereffenaars aangesteld door algemene vergadering” (deed in Dutch)