Ludwig Construction
ActiveSummary
The computed 12-month bankruptcy probability of Ludwig Construction is 9.7% (elevated). The 2025 annual accounts show equity of €10,895 and a net result of €4,285. Equity has been shrinking by about 20% per year since 2023. Its solvency ranks better than 90% of 34,946 sector peers (NACE 43, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.
Overview
Official details
Source: KBO- Status
- Active since 09-11-2022 Normal situation
- Registered office
- 12 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 3 November 2026.
- Activity
- General electrical installation work NACE 43211and 5 others
- Establishment unit
- 2.339.393.738 2140 Antwerpen, since 09-11-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 9.7%
- Gross margin
- €4,480
- Turnover
- ≈ €37,000
- estimated
- Profit
- €4,285
- Equity
- €10,895
- ▲ 64.8%
- Total assets
- €12,764
- ▲ 93.1%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises risk2 changes of registered office in 24 monthsFounded in 2022Ex-officio strike-off in the KBOLast filed accounts filed 31 days late; 1 of the last 3 accounts lateShow the evidence
Checked score
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 90% of them on solvency, 54% on liquidity, 92% on profitability and 87% 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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Signals
The company filed its last 3 accounts on average 1 day after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Key points
- Caution: Less equity than 82% of companies in specialised constructionsector median €57,775 · 34,958 companies €10,895 View
Recent changes
- · Gazette deed Registered office moved within AntwerpenTransfer of 1,000 shares · Resignation: Mykola Nahorniak (director) · Appointment: Ivan Badyk (director)
- · Gazette deed Registered office moved within AntwerpenTransfer of 1,000 shares · Resignation: Liubomyr Paliichuk (director) · Appointment: Mykola Nahorniak (director)
- · KBO administration UBO non-complianceevent 10-06-2024
Comparable companies
These companies have the same main activity as Ludwig Construction: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €9,910 and €14,400, founded between 2022 and 2024.
| Company | Total assets | Gross margin |
|---|---|---|
| Ludwig Construction Antwerpen | €12,764 | €4,480 |
| HNK Technical Solutions Gent | €12,786 | €4,923 |
| ELYOUT CONCEPT Anderlecht | €11,289 | €4,466 |
| OHMIC Oudenburg | €10,956 | €4,278 |
| ZAFOH Huy | €14,427 | €4,611 |
| LAZAR ELECTRICITY Sint-Pieters-Leeuw | €11,888 | €5,668 |
| Fiber Pro Antwerpen | €9,905 | €5,461 |
Key facts about Ludwig Construction
- What is the company number of Ludwig Construction?
- The company number of Ludwig Construction is 0793.425.455. The VAT number is the same number with BE in front: BE 0793.425.455.
- Where is Ludwig Construction based?
- The registered office is at Plantin en Moretuslei 155, 2140 Antwerpen.Company details
- What does Ludwig Construction do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of Ludwig Construction?
- The legal form of Ludwig Construction is Private limited company (BV).
- When was Ludwig Construction founded?
- Ludwig Construction was founded on 09-11-2022.
- Is Ludwig Construction still active?
- Yes, Ludwig Construction is an active enterprise in the KBO register.
- What is the turnover of Ludwig Construction?
- The turnover in financial year 2025 is ≈ €37,000. This figure is estimated from the gross margin of €4,480 and 97 comparable companies (NACE 43211). It probably lies between €24,000 and €78,000. It is a rough estimate. In financial year 2023 turnover was €43,177.Financials
- Is Ludwig Construction profitable?
- In financial year 2025, Ludwig Construction made a profit of €4,285.
- Where can I find the annual accounts of Ludwig Construction?
- Ludwig Construction filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Ludwig Construction due?
- Ludwig Construction must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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