LV-GROUP

Active

Private limited companyfounded 20205 yrs activeMolenstraat 110, 9255 Buggenhout, BelgiumKBO/BCE: BE 0758.883.557

LV-GROUP has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €402k and a net result of €18k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 69% of 1852 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).

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Checked score

Score 2024

63 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability71▼-7

Solvency69▲+1

Growth52=

Track record94

Bankruptcy probability, 12 months

1.3% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €25k at 30 days acceptable

Liquidity short (current ratio 0.29 against 0.17 in 2023; short-term debt: 12.3% and cash: 0.8% of total assets), and 55.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 55

Relative position

BE, all sectors

reference

Sector 55

higher

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

38 d early

2023

48 d early

2022

41 d early

2021

40 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€402k▲ 4.6%

2023 · €384k

2021: €294k 2022: €321k 2023: €384k

2021 → 2024

Total assets

€910k▲ 1.2%

2023 · €899k

2021: €857k 2022: €869k 2023: €899k

2021 → 2024

Net result

€18k▼ 72.1%

2023 · €63k

2021: €94k 2022: €26k 2023: €63k

2021 → 2024

Working capital

€-80k▲ 39.1%

2023 · €-131k

2021: €-86k 2022: €-139k 2023: €-131k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€294k-€321k▲ 8.9%€384k▲ 19.8%€402k▲ 4.6%

Operating result€100k-€32k▼ 68.2%€84k▲ 166%€31k▼ 63.6%

Net result€94k-€26k▼ 72.2%€63k▲ 142%€18k▼ 72.1%

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 64% below 2023 and is the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €910k

96.5%

Fixed assets €877k▲ 0.6%

Current assets €32k▲ 18.8%

Equity and liabilities €910k

44.2%

55.8%

Equity €402k▲ 4.6%

Debt €508k▼ 1.4%

The debt ratio falls from 57.3% to 55.8%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€74k▼

2023 · €126k

Cash flow

€62k▼

2023 · €105k

Solvency

44.2%▲

2023 · 42.7%

Current ratio

0.29▲

2023 · 0.17

Quick ratio

0.29▲

2023 · 0.17

Debt / equity

1.26▼

2023 · 1.34

ROE

4.4%▼

2023 · 16.5%

ROA

1.9%▼

2023 · 7.1%

Interest coverage

11.49▼

2023 · 23.47

Debt

€508k▼

2023 · €515k

Debt ≤ 1 year

€112k▼

2023 · €158k

Debt > 1 year

€396k▲

2023 · €357k

Income taxes

€7k▼

2023 · €15k

Staff costs

€254▼

2023 · €795

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€899k€910k▲

Fixed assets21/28€872k€877k▲

Tangible fixed assets22/27€872k€877k▲

Land and buildings22€801k€817k▲

Plant, machinery and equipment23€4k€7k▲

Furniture and vehicles24€51k€38k▼

Other tangible fixed assets26€16k€16k▼

Current assets29/58€27k€32k▲

Amounts receivable within one year40/41€8k€23k▲

Trade receivables40€248€1k▲

Other amounts receivable41€7k€22k▲

Cash at bank and in hand54/58€17k€7k▼

Deferred charges and accrued income490/1€2k€2k▼

Equity and liabilities

Total equity and liabilities10/49€899k€910k▲

Equity10/15€384k€402k▲

Contributions10/11€200k€200k=

Profit (loss) carried forward14€184k€202k▲

Amounts payable17/49€515k€508k▼

Amounts payable after more than one year17€357k€396k▲

Financial debts170/4€357k€396k▲

Amounts payable within one year42/48€158k€112k▼

Current portion of amounts payable after more than one year42€29k€54k▲

Trade debts44€2k€3k▲

Suppliers440/4€2k€3k▲

Taxes, remuneration and social security45€15k€0▼

Taxes450/3€15k€0▼

Other amounts payable47/48€111k€55k▼

Income statement Code20232024

Remuneration, social security and pensions62€795€254▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€44k▲

Other operating charges640/8€4k€4k▲

Gross operating margin9900€130k€78k▼

Operating profit (loss)9901€84k€31k▼

Financial income75/76B€16€172▲

Recurring financial income75€16€172▲

Financial charges65/66B€5k€6k▲

Recurring financial charges65€5k€6k▲

Profit (loss) for the period before taxes9903€79k€24k▼

Income taxes67/77€15k€7k▼

Profit (loss) for the period9904€63k€18k▼

Profit (loss) for the period to be appropriated9905€63k€18k▼

Appropriation of the result

Profit (loss) to be appropriated9906€184k€202k▲

Profit (loss) brought forward from the previous period14P€121k€184k▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 1Filings 4

2025

23-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €18k ▼72.1%

Net result drops to €18k, the lowest in the series.

13-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

20-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

21-06

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.

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, Buggenhout · 1 establishment unit since 2020

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Molenstraat 1109255 Buggenhout

Ground area

2,130 m²

Building footprint

454 m²

Volume, LiDAR

1,561 m³

2 parcels, Flanders, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

B&B Au Coeur de Han

Rue des Grottes,Han 4, 5580 RochefortHotels and similar accommodation

since 20202.310.582.956

2 parcels

Flanders 1 (50%) Wallonia 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
42004E0209/00G000	Flanders	1,633 m²	1 · 329 m²	8.4 m · 2 fl.
91060A0978/00D002	Wallonia	496 m²	1 · 124 m²	-

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Rochefort2.310.582.956

2 permissions

Toelating · Eetgelegenheid · since 02-02-2022

Kamer met ontbijt · since 01-10-2021

Similar companies · same sector, comparable size

Heuvelland · Eq €413k

AVERTRY

BE 0823.610.172

Langemark-Poelkapelle · Eq €414k

Of 1,856 companies in sector 55204 we hold annual accounts for 449. 293 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded30-11-2020

Fiscal year end31-12

Activities, NACEBEL

55204Guest rooms (bed and breakfast)

77399Renting and leasing of other machinery, equipment and tangible goods

81300Landscape service activities

82990Other business support services

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.