LUC CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of LUC CONSTRUCT is 2.1% (moderate). The 2024 annual accounts show equity of €139k and a net result of €22k. Equity is growing by ~45.3% per year across the filed fiscal years. Its solvency ranks better than 68% of 9982 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability79▼-21
Solvency84=
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.42 against 2.66 in 2023; short-term debt: 36% and cash: 0.4% of total assets), and 40.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
91 d late
2022
15 d early
2021
10 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€139k▲ 19.0%
2023 · €117k
2021: €47klowest in 4 years
2022: €64k▲ +35.1% vs 2021
2023: €117k▲ +82.7% vs 2022
2024: €139k▲ +19.0% vs 2023highest in 4 years
2021 → 2024
Total assets
€234k▲ 18.5%
2023 · €197k
2021: €62klowest in 4 years
2022: €138k▲ +124% vs 2021
2023: €197k▲ +43.1% vs 2022
2024: €234k▲ +18.5% vs 2023highest in 4 years
2021 → 2024
Net result
€22k▼ 57.9%
2023 · €53k
2021: €39k
2022: €17k▼ -57.7% vs 2021lowest in 4 years
2023: €53k▲ +218% vs 2022highest in 4 years
2024: €22k▼ -57.9% vs 2023
2021 → 2024
Working capital
€120k▲ 22.5%
2023 · €98k
2021: €46k
2022: €44k▼ -4.6% vs 2021lowest in 4 years
2023: €98k▲ +121% vs 2022
2024: €120k▲ +22.5% vs 2023highest in 4 years
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€47k-€64k▲ 35.1%€117k▲ 82.7%€139k▲ 19.0%
2021: €47klowest in 4 years
2022: €64k▲ +35.1% vs 2021
2023: €117k▲ +82.7% vs 2022
2024: €139k▲ +19.0% vs 2023highest in 4 years
Operating result€50k-€22k▼ 56.3%€77k▲ 255%€33k▼ 57.0%
2021: €50k
2022: €22k▼ -56.3% vs 2021lowest in 4 years
2023: €77k▲ +255% vs 2022highest in 4 years
2024: €33k▼ -57.0% vs 2023
Net result€39k-€17k▼ 57.7%€53k▲ 218%€22k▼ 57.9%
2021: €39k
2022: €17k▼ -57.7% vs 2021lowest in 4 years
2023: €53k▲ +218% vs 2022highest in 4 years
2024: €22k▼ -57.9% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 57% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €234k
Fixed assets
€30k ▼ 26.4%
Current assets
€204k ▲ 30.2%
Equity and liabilities €234k
Equity
€139k ▲ 19.0%
Debt
€95k ▲ 17.7%
Debt's share of the balance-sheet total falls from 40.8% to 40.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€44k▼
2023 · €88k
Cash flow
€33k▼
2023 · €64k
Current ratio
2.42▼
2023 · 2.66
Debt to equity
0.68▼
2023 · 0.69
ROE
16.0%▼
2023 · 45.3%
ROA
9.5%▼
2023 · 26.8%
Interest coverage
5.83▼
2023 · 10.84
Debt ≤ 1 year
€84k▲
2023 · €59k
Debt > 1 year
€11k▼
2023 · €22k
Income taxes
€13k▼
2023 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€197k€234k▲
Fixed assets21/28€41k€30k▼
Tangible fixed assets22/27€41k€30k▼
Plant, machinery and equipment23€64-
Furniture and vehicles24€41k€30k▼
Financial fixed assets28€98€98=
Current assets29/58€157k€204k▲
Amounts receivable after more than one year29€2k€2k=
Trade receivables290€2k€2k=
Amounts receivable within one year40/41€141k€200k▲
Trade receivables40€21k€2k▼
Other amounts receivable41€120k€199k▲
Cash at bank and in hand54/58€13k€1k▼
Deferred charges and accrued income490/1€1k€333▼
Equity and liabilities
Total equity and liabilities10/49€197k€234k▲
Equity10/15€117k€139k▲
Contributions10/11€8k€8k=
Profit (loss) carried forward14€109k€131k▲
Amounts payable17/49€81k€95k▲
Amounts payable after more than one year17€22k€11k▼
Financial debts170/4€22k€11k▼
Amounts payable within one year42/48€59k€84k▲
Current portion of amounts payable after more than one year42€14k€10k▼
Financial debts43-€8k
Credit institutions430/8-€8k
Trade debts44€22k€35k▲
Suppliers440/4€22k€35k▲
Taxes, remuneration and social security45€23k€30k▲
Taxes450/3€21k€29k▲
Remuneration and social security454/9€2k€1k▼
Income statement
Code20232024
Remuneration, social security and pensions62€4k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▼
Other operating charges640/8€5k€3k▼
Gross operating margin9900€97k€47k▼
Operating profit (loss)9901€77k€33k▼
Financial income75/76B-€9k
Recurring financial income75-€9k
Financial charges65/66B€8k€8k▼
Recurring financial charges65€8k€8k▼
Profit (loss) for the period before taxes9903€69k€35k▼
Income taxes67/77€16k€13k▼
Profit (loss) for the period9904€53k€22k▼
Profit (loss) for the period to be appropriated9905€53k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€109k€131k▲
Profit (loss) brought forward from the previous period14P€56k€109k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €18k | €4k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €319 | €3k | €11k | €11k | ▼ 2.9% |
| Other operating charges640/8 | €1k | - | €5k | €3k | ▼ 36.3% |
| Gross operating margin9900 | €51k | €43k | €97k | €47k | ▼ 51.8% |
| Operating profit (loss)9901 | €50k | €22k | €77k | €33k | ▼ 57.0% |
| Financial income75/76B | - | - | - | €9k | - |
| Recurring financial income75 | - | - | - | €9k | - |
| Financial charges65/66B | €265 | €566 | €8k | €8k | ▼ 7.4% |
| Recurring financial charges65 | €265 | €566 | €8k | €8k | ▼ 7.4% |
| Profit (loss) for the period before taxes9903 | €49k | €21k | €69k | €35k | ▼ 49.0% |
| Income taxes67/77 | €10k | €5k | €16k | €13k | ▼ 19.5% |
| Profit (loss) for the period9904 | €39k | €17k | €53k | €22k | ▼ 57.9% |
| Profit (loss) for the period to be appropriated9905 | €39k | €17k | €53k | €22k | ▼ 57.9% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €62k | €138k | €197k | €234k | ▲ 18.5% |
| Fixed assets21/28 | €926 | €52k | €41k | €30k | ▼ 26.4% |
| Tangible fixed assets22/27 | €828 | €52k | €41k | €30k | ▼ 26.5% |
| Plant, machinery and equipment23 | €828 | €446 | €64 | - | - |
| Furniture and vehicles24 | - | €51k | €41k | €30k | ▼ 26.4% |
| Financial fixed assets28 | €98 | €98 | €98 | €98 | = |
| Current assets29/58 | €61k | €86k | €157k | €204k | ▲ 30.2% |
| Amounts receivable after more than one year29 | €2k | €2k | €2k | €2k | = |
| Trade receivables290 | €2k | €2k | €2k | €2k | = |
| Amounts receivable within one year40/41 | €48k | €84k | €141k | €200k | ▲ 42.6% |
| Trade receivables40 | €12k | €8k | €21k | €2k | ▼ 91.8% |
| Other amounts receivable41 | €35k | €76k | €120k | €199k | ▲ 65.7% |
| Cash at bank and in hand54/58 | €11k | - | €13k | €1k | ▼ 91.7% |
| Deferred charges and accrued income490/1 | - | €507 | €1k | €333 | ▼ 76.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €62k | €138k | €197k | €234k | ▲ 18.5% |
| Equity10/15 | €47k | €64k | €117k | €139k | ▲ 19.0% |
| Contributions10/11 | €8k | €8k | €8k | €8k | = |
| Profit (loss) carried forward14 | €39k | €56k | €109k | €131k | ▲ 20.4% |
| Amounts payable17/49 | €14k | €74k | €81k | €95k | ▲ 17.7% |
| Amounts payable after more than one year17 | - | €32k | €22k | €11k | ▼ 51.0% |
| Financial debts170/4 | - | €32k | €22k | €11k | ▼ 51.0% |
| Amounts payable within one year42/48 | €14k | €42k | €59k | €84k | ▲ 43.0% |
| Current portion of amounts payable after more than one year42 | - | €10k | €14k | €10k | ▼ 27.4% |
| Financial debts43 | - | €5k | - | €8k | - |
| Credit institutions430/8 | - | €5k | - | €8k | - |
| Trade debts44 | €4k | €7k | €22k | €35k | ▲ 61.6% |
| Suppliers440/4 | €4k | €7k | €22k | €35k | ▲ 61.6% |
| Taxes, remuneration and social security45 | €10k | €20k | €23k | €30k | ▲ 34.4% |
| Taxes450/3 | €10k | €15k | €21k | €29k | ▲ 39.1% |
| Remuneration and social security454/9 | - | €6k | €2k | €1k | ▼ 25.2% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39k | €17k | €53k | €22k | ▼ 57.9% |
| + Depreciation and write-downs630 | €319 | €3k | €11k | €11k | ▼ 2.9% |
| Operating cash flow (approximation) | €40k | €19k | €64k | €33k | ▼ 48.4% |
| Investment in fixed assets (approximation) | - | €-54k | €0 | €0 | - |
| Change in cash | - | - | - | €-11k | - |
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
31-12
Financial
Highest result since 2021net €53k ▲218%
Operating result €77k, net result €53k, both a record.
31-12
Financial
Equity above €100kEq €117k ▲82.7%
3 profitable years in a row build equity to €117k.
16-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €17k ▼57.7%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
21-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Sint-Pieters-Leeuw · 1 establishment unit since 2020
Ground area
8,155 m²
Building footprint
1,937 m²
Volume, LiDAR
953 m³
2 parcels, Flanders · tallest building 12.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LUC CONSTRUCT
since 20202.308.776.281
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0041/00F000 | Flanders | 7,975 m² | 1 · 1,789 m² | - |
| 23582E0611/00P000 | Flanders | 180 m² | 1 · 147 m² | 12.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
LIA CONSTRUCT
BE 0764.393.850
Buggenhout · Eq €139,026
R.G.V.
BE 0873.860.231
Mons · Eq €138,949
BERT MEEUWS
BE 0550.484.995
Hooglede · Eq €139,029
TENDANCE HABITAT
BE 0889.908.187
Awans · Eq €138,943
BOUWWERKEN PIETER NEELS
BE 0544.370.334
Zedelgem · Eq €138,911
Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 12,759 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43120Site preparation
43240Other construction installation
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.