LT Construct
Bankruptcy closedInactive since 25-06-2026; last annual accounts for fiscal year 2022.
Summary
LT Construct was declared bankrupt on 21-12-2023 (Ondernemingsrechtbank Gent, afdeling Kortrijk); the bankruptcy was closed for insufficient assets by judgment of 23-06-2026, published in the Belgian State Gazette on 26-06-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 23-03-2023, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
38 d early
2021
3 d late
2020
45 d early
2019
30 d early
← 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 28 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Still owed money by this company? Its procedure, who runs it and what to do now.Creditor guide Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the General construction of residential buildings sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, abbreviated schema
Equity
-€741▲ 95.9%
2021 · -€18,243
Total assets
€10,122▲ 6,319%
2021 · €158
Net result
€17,502
2021 · -€3,965
Working capital
-€741▲ 95.9%
2021 · -€18,243
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result-€4,690--€3,311▲ 29.4%-€1,917▲ 42.1%-€3,953▼ 106%€25,353
Net result-€5,362--€3,329▲ 37.9%-€1,938below the sector's middle half▲ 41.8%-€3,965below the sector's middle half▼ 105%€17,502within the sector's middle half
Equity-€9,010--€12,339▼ 36.9%-€14,277below the sector's middle half▼ 15.7%-€18,243below the sector's middle half▼ 27.8%-€741below the sector's middle half▲ 95.9%
Total assets€2,097-€2,361▲ 12.6%€2,235below the sector's middle half▼ 5.3%€158below the sector's middle half▼ 92.9%€10,122below the sector's middle half▲ 6,319%
Debt€11,107-€14,701▲ 32.3%€16,513▲ 12.3%€18,400▲ 11.4%€10,863▼ 41.0%
Working capital-€9,010--€12,339▼ 36.9%-€14,277▼ 15.7%-€18,243▼ 27.8%-€741▲ 95.9%
Solvency-7.3%below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €25,353 after a loss of €3,953 in 2021, the highest result in the available series.
Key figures and ratios
Current ratio
0.93
ROA
172.9%
Debt ≤ 1 year
€10,863▼
2021 · €18,400
Income taxes
€6,538
Equity ratios withheld: equity of -€741 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €2,367 | €294 | ▼ 87.6% |
| Gross operating margin9900 | -€4,152 | -€3,118 | -€1,372 | -€1,585 | €25,647 | ▲ 1,718% |
| Operating profit (loss)9901 | -€4,690 | -€3,311 | -€1,917 | -€3,953 | €25,353 | ▲ 741% |
| Financial income75/76B | - | - | - | - | €185 | - |
| Recurring financial income75 | - | - | - | - | €185 | - |
| Financial charges65/66B | - | - | - | €12 | €1,499 | ▲ 11,907% |
| Recurring financial charges65 | €672 | €18 | €21 | €12 | €1,499 | ▲ 11,907% |
| Profit (loss) for the period before taxes9903 | -€5,362 | -€3,329 | -€1,938 | -€3,965 | €24,039 | ▲ 706% |
| Income taxes67/77 | - | - | - | - | €6,538 | - |
| Profit (loss) for the period9904 | -€5,362 | -€3,329 | -€1,938 | -€3,965 | €17,502 | ▲ 541% |
| Profit (loss) for the period to be appropriated9905 | -€5,362 | -€3,329 | -€1,938 | -€3,965 | €17,502 | ▲ 541% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2,097 | €2,361 | €2,235 | €158 | €10,122 | ▲ 6,319% |
| Current assets29/58 | €2,097 | €2,361 | €2,235 | €158 | €10,122 | ▲ 6,319% |
| Amounts receivable within one year40/41 | €2,097 | €2,361 | €2,234 | €158 | €7,027 | ▲ 4,356% |
| Trade receivables40 | - | - | - | - | €520 | - |
| Other amounts receivable41 | - | - | - | €158 | €6,507 | ▲ 4,026% |
| Cash at bank and in hand54/58 | - | €0 | €2 | €0 | €1,539 | - |
| Deferred charges and accrued income490/1 | - | - | - | - | €1,557 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2,097 | €2,361 | €2,235 | €158 | €10,122 | ▲ 6,319% |
| Equity10/15 | -€9,010 | -€12,339 | -€14,277 | -€18,243 | -€741 | ▲ 95.9% |
| Contributions10/11 | €10,000 | €10,000 | - | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€19,010 | -€22,339 | -€24,277 | -€28,243 | -€10,741 | ▲ 62.0% |
| Amounts payable17/49 | €11,107 | €14,701 | €16,513 | €18,400 | €10,863 | ▼ 41.0% |
| Amounts payable within one year42/48 | €11,107 | €14,701 | €16,513 | €18,400 | €10,863 | ▼ 41.0% |
| Financial debts43 | - | - | - | €8 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €8 | €0 | ▼ 100% |
| Trade debts44 | €188 | - | €348 | €950 | €4,325 | ▲ 356% |
| Suppliers440/4 | - | - | - | €950 | €4,325 | ▲ 356% |
| Taxes, remuneration and social security45 | - | - | - | - | €6,538 | - |
| Taxes450/3 | - | - | - | - | €6,538 | - |
| Other amounts payable47/48 | - | - | - | €17,443 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,362 | -€3,329 | -€1,938 | -€3,965 | €17,502 | ▲ 541% |
| Operating cash flow (approximation) | -€5,362 | -€3,329 | -€1,938 | -€3,965 | €17,502 | ▲ 541% |
| Change in cash | - | - | €1 | -€2 | €1,539 | ▲ 91,685% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
26-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 23-06-2026
2023
28-12
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 21-12-2023
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Back to profitnet €17,502
Net result €17,502 after 4 loss-making years.
03-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 3 days late
2021
16-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
15-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
17-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
11-03
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oostrozebeke
Ground area
477 m²
Building footprint
100 m²
Parcel 37010E0361/00V003, Flanders. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37010E0361/00V003 | Flanders | 477 m² | 1 · 100 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Wim ARSLIJDER KETSERSSTRAAT 8 BUS 2, 8793 SINT-
ELOOIS-VIJVE |
21-12-2023 → 23-06-2026 |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 29,787 companies in sector 41001 we hold annual accounts for 16,052. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-09-2006
Fiscal year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
43320Joinery installation
43990Other specialised construction activities
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
81220Other building cleaning and industrial cleaning
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.