LV TECHNICS

In bankruptcy Public limited companyfounded 1995Sint-Hadrianusstraat 25, 3018 LeuvenKBO/BCE: BE 0454.867.642

LV TECHNICS

Financial year 2024

Follow Report

Annual accounts 2024

abbreviated format, filed on 09-05-2025, 9 days late

€367,752

▼ 48.8%

-€447,431

▼ €226,911

-€457,825

▼ €231,919

-€763,316

▼ €432,588

-73.6%

▼ 66.3 percentage points

0.41

▼ 0.34

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €900,000. Estimated: probably between €660,000 and €1.2m.

Balance sheet

balance sheet total €746,940 on 30-09-2024

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

-73.6%

Lower than 95% of 1,920 companies in 2024.

0.41

Higher than 8% of 1,896 companies in 2024.

-61.3%

Lower than 95% of 1,909 companies in 2024.

LV TECHNICS Middle half of the sector 80% of the sector Abbreviated accounts in architecture and engineering (NACE 71)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter · Staff: top quarter

Staff

€48,219

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2024, 4 people joined and 4 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	746,940	1.3m	1.2m	1.2m	1.2m	959,443	1.1m	1.1m	1.1m	888,044	941,978	1.0m	877,552	962,654	803,441	851,860	838,446	755,029	753,543
`21/28`	213,778	263,228	293,130	189,645	201,258	175,946	176,475	130,417	137,546	173,916	178,535	187,545	133,368	110,720	125,654	125,888	120,597	87,490	69,357
`21`	0	8,269	8,269	8,269	8,269	8,269	8,269	8,269	8,269	16,538	16,538	16,538	16,538	16,538	16,538	16,538	16,538	23,888	23,888
`22/27`	213,778	254,959	284,861	181,376	192,989	167,677	168,206	122,148	129,277	157,378	161,997	171,008	116,830	94,182	107,086	107,319	102,028	61,571	43,438
`22`	0	20,033	20,033	20,033	20,033	20,033	20,033	20,033	20,033	20,033	20,033	20,033	20,033	20,033	20,033	20,033	20,033	29,428	38,822
`23`	29,388	30,048	33,948	18,323	9,499	9,499	12,197	15,880	17,163	23,279	32,951	32,468	28,070	9,373	9,461	10,866	10,601	7,313	1,234
`24`	184,390	204,879	230,880	143,020	163,457	138,145	135,977	86,236	92,081	114,066	109,014	118,507	68,727	64,776	77,591	76,420	71,395	24,831	3,382
`28`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,031	2,031	2,031	2,031	2,031
`29/58`	533,162	1.0m	948,103	1.0m	1.0m	783,497	960,112	970,505	920,138	714,128	763,443	852,088	744,184	851,934	677,786	725,973	717,849	667,539	684,186
`3`	197,697	458,599	418,676	404,421	362,118	354,882	348,619	338,552	252,615	265,152	242,826	226,643	179,218	168,944	112,657	105,719	90,235	86,107	84,843
`30/36`	197,697	458,599	418,676	404,421	362,118	354,882	348,619	338,552	252,615	265,152	242,826	226,643	179,218	168,944	81,745	74,807	59,323	55,195	53,931
`37`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30,912	30,912	30,912	30,912	30,912
`40/41`	333,348	544,490	485,613	495,381	636,859	384,022	488,402	583,605	588,129	409,339	494,294	546,646	530,401	644,204	522,842	593,877	574,368	571,642	582,727
`40`	331,529	453,418	394,542	414,135	555,613	302,778	428,782	515,671	519,327	340,537	442,750	495,024	474,350	592,583	471,221	542,256	536,401	508,462	519,547
`41`	1,819	91,072	91,072	81,246	81,246	81,243	59,620	67,934	68,802	68,802	51,544	51,622	56,051	51,622	51,622	51,622	37,967	63,180	63,180
`54/58`	-	-	41,696	112,069	17,776	42,476	120,975	46,231	77,983	37,889	24,574	77,050	32,816	37,037	40,539	24,628	51,498	8,041	14,867
`490/1`	2,117	2,117	2,117	2,117	2,117	2,117	2,117	2,117	1,412	1,749	1,749	1,749	1,749	1,749	1,749	1,749	1,749	1,749	1,749
Balance sheet: equity and liabilities
`10/49`	746,940	1.3m	1.2m	1.2m	1.2m	959,443	1.1m	1.1m	1.1m	888,044	941,978	1.0m	877,552	962,654	803,441	851,860	838,446	755,029	753,543
`10/15`	-549,538	-91,713	134,193	260,652	262,717	297,099	294,895	298,143	290,023	242,561	276,039	289,071	267,570	275,985	169,528	111,525	255,914	188,987	157,548
`10/11`	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	71,889	71,889
`10`	123,947	123,947	123,947	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`100`	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947	123,947
`101`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	52,058	52,058
`13`	167,701	167,701	167,701	167,701	167,701	167,701	167,701	167,701	165,172	165,124	165,124	165,124	164,595	164,595	164,595	164,595	164,595	164,595	164,595
`130/1`	12,395	12,395	12,395	12,395	12,395	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	9,865	9,818	9,818	9,818	9,288	9,288	9,288	9,288	9,288	9,288	9,288
`133`	155,307	155,307	155,307	155,307	155,307	155,307	155,307	155,307	155,307	155,307	155,307	155,307	155,307	155,307	155,307	155,307	155,307	155,307	155,307
`14`	-841,186	-383,361	-157,455	-30,996	-28,931	5,451	3,247	6,495	904	-46,510	-13,032	-	-20,971	-12,556	-119,013	-177,016	-32,628	-47,497	-78,936
`17/49`	1.3m	1.4m	1.1m	942,980	957,411	662,344	841,692	802,779	767,661	645,483	665,939	750,562	609,982	686,669	633,913	740,335	582,533	566,042	595,995
`17`	0	24,214	90,735	9,735	30,782	40,176	46,410	9,007	-	12,354	44,345	45,463	24,629	1,392	8,953	20,975	42,479	-	-
`170/4`	0	24,214	90,735	9,735	30,782	40,176	46,410	9,007	-	12,354	44,345	45,463	24,629	1,392	8,953	20,975	42,479	-	-
`42/48`	1.3m	1.3m	1.0m	933,246	926,628	622,168	795,282	793,772	767,661	633,129	621,594	705,099	585,352	685,277	624,960	719,360	540,054	566,042	595,995
`42`	15,431	18,897	12,176	47,295	77,603	64,308	50,463	33,402	62,085	71,188	90,530	79,108	66,218	26,050	41,198	34,958	34,445	13,499	13,499
`43`	63,932	73,500	0	125,000	125,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`430/8`	63,932	-	0	125,000	125,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`439`	-	73,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`44`	576,813	579,429	398,378	426,745	432,233	307,215	479,964	506,818	425,287	315,372	339,512	355,656	281,688	343,674	272,324	417,223	269,254	286,867	275,562
`440/4`	576,813	579,429	398,378	426,745	432,233	307,215	479,964	506,818	425,287	315,372	339,512	355,656	281,688	343,674	272,324	417,223	269,254	286,867	275,562
`45`	300,425	204,108	136,377	109,477	132,063	109,513	123,540	124,994	170,667	127,032	63,577	93,388	60,499	138,606	130,024	135,861	105,037	152,382	227,040
`450/3`	232,237	139,197	75,190	49,469	67,758	46,962	64,483	61,123	105,479	69,577	794	34,269	-	75,902	70,803	81,307	40,374	86,008	100,985
`454/9`	68,187	64,911	61,188	60,007	64,306	62,551	59,056	63,871	65,188	57,455	62,783	59,119	60,499	62,705	59,221	54,554	64,663	66,374	126,055
`47/48`	339,877	460,000	469,373	224,729	159,729	141,132	141,315	128,558	109,622	119,538	127,975	176,947	176,947	176,947	181,414	131,318	131,318	113,295	79,894
`492/3`	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	-
Income statement
`76A`	-	-	-	-	-	-	-	-	-	-	18,644	-	34,795	-	-	58,536	50	496	16,415
`9900`	367,752	717,586	714,701	845,147	786,277	867,421	866,697	791,707	938,577	847,277	879,389	1.0m	867,144	1.2m	1.2m	925,287	1.2m	1.3m	1.3m
`62`	761,863	903,664	813,729	811,152	793,037	815,202	814,046	735,654	836,000	838,930	866,743	945,161	881,240	991,923	1.1m	1.1m	1.2m	1.2m	1.2m
`630`	49,450	29,901	19,225	23,313	20,437	31,791	29,679	30,034	43,828	35,347	29,580	18,971	20,303	15,904	17,220	-	38,542	11,912	14,506
`631/4`	-	-	-	3,183	545	471	758	8,894	-	-	-	10,604	-	38,183	166	-	-	-	-
`640/8`	3,869	4,540	2,920	2,890	2,234	2,832	10,386	4,459	3,304	3,186	4,159	8,685	4,499	5,113	7,748	10,176	14,418	9,041	6,600
`66A`	-	-	-	-	-	-	-	-	-	-	-	-	-	2,031	-	-	-	-	-
`9901`	-447,431	-220,520	-121,173	4,608	-29,975	17,125	11,828	12,664	55,445	-30,187	-21,094	29,872	-38,898	110,720	69,191	-202,148	16,463	36,345	7,395
`75/76B`	-	-	21	0	0	0	0	7	50	137	119	888	235	264	315	1,092	176	1,156	1,166
`75`	-	-	21	0	0	0	0	7	50	137	119	888	235	264	315	1,092	176	1,156	1,166
`65/66B`	10,394	5,386	5,307	6,674	4,407	4,347	1,062	1,033	4,204	3,428	5,465	9,259	4,547	2,496	7,231	1,868	1,820	6,558	719
`65`	10,394	5,386	5,307	6,674	4,407	4,347	1,062	1,033	4,204	3,428	5,465	9,259	4,547	2,496	7,231	1,868	1,820	6,558	719
`9903`	-457,825	-225,906	-126,459	-2,065	-34,382	12,779	10,766	11,638	51,291	-33,478	-7,796	21,501	-8,415	106,457	62,275	-144,388	14,869	31,439	24,257
`67/77`	-	-	-	-	-	2,726	6,166	3,518	3,829	-	5,236	-	-	-	4,272	-	-	-	-
`9904`	-457,825	-225,906	-126,459	-2,065	-34,382	10,052	4,600	8,120	47,462	-33,478	-13,032	21,501	-8,415	106,457	58,003	-144,388	14,869	31,439	24,257
`9905`	-457,825	-225,906	-126,459	-2,065	-34,382	10,052	4,600	8,120	47,462	-33,478	-13,032	21,501	-8,415	106,457	58,003	-144,388	14,869	31,439	24,257
Appropriation of the result
`9906`	-841,186	-383,361	-157,455	-30,996	-28,931	13,299	11,095	9,024	952	-46,510	-13,032	530	-20,971	-12,556	-119,013	-177,016	-32,628	-47,497	-78,936
`14P`	-383,361	-157,455	-30,996	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	-	-	-	-	-	-	-	2,529	48	-	-	530	-	-	-	-	-	-	-
`6920`	-	-	-	-	-	-	-	2,529	48	-	-	530	-	-	-	-	-	-	-
`694/7`	-	-	-	-	-	7,848	7,848	-	-	-	-	-	-	-	-	-	-	-	-
`695`	-	-	-	-	-	7,848	7,848	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
`9087`	15.8	16.3	18.8	17.8	18.9	19.6	19.2	18.1	20.1	20.1	21.5	22.8	19.8	24.6	29	28.3	29	33	33.5
Hours worked`1013`	17,425	212,073	25,209	23,963	24,089	27,127	27,619	25,557	29,336	28,040	29,456	31,612	30,041	38,956	42,691	41,911	45,009	52,768	53,580
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 10 older financial years (1996-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 09-05-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2024 annual accounts filed 9 days after the deadline. Filed on 9 May 2025, deadline 30 April 2025 (7 months after the close on 30 September 2024, Companies Code art. 3:10). Source: NBB, 2025-00092668.

Financial year	Type	Filed	Reference	Document
30-09-2024	abbreviated format	09-05-2025	2025-00092668	PDF
30-09-2023	abbreviated format	03-04-2025	2025-00062537	PDF
30-09-2022	abbreviated format	19-02-2024	2024-00031866	PDF
30-09-2021	abbreviated format	31-03-2022	2022-10000265	PDF
30-09-2020	abbreviated format	31-05-2021	2021-16300421	PDF
30-09-2019	abbreviated format	31-05-2020	2020-14200080	PDF
30-09-2018	abbreviated format	27-03-2019	2019-08200534	PDF
30-09-2017	abbreviated format	19-04-2018	2018-10100542	PDF
30-09-2016	abbreviated format	21-08-2017	2017-45800499	PDF
30-09-2015	abbreviated format	29-04-2016	2016-11200064	PDF
30-09-2014	abbreviated format	30-04-2015	2015-11400026	PDF
30-09-2013	abbreviated format	14-04-2014	2014-09200312	PDF
30-09-2012	abbreviated format	26-07-2013	2013-35700151	PDF
30-09-2011	abbreviated format	30-04-2012	2012-10600385	PDF
30-09-2010	abbreviated format	14-10-2011	2011-58000260	PDF
30-09-2009	abbreviated format	21-06-2010	2010-20700407	PDF
30-09-2008	abbreviated format	30-04-2009	2009-13600106	PDF
30-09-2007	abbreviated format	30-09-2008	2008-76300295	PDF
30-09-2006	abbreviated format	08-11-2007	2007-79900077	PDF
30-09-2005	abbreviated format	15-06-2006	2006-25203070	PDF
30-09-2004	abbreviated format	07-06-2006	2006-20703823	PDF
30-09-2003	abbreviated format	07-06-2006	2006-20703807	PDF
30-09-2002	abbreviated format	08-05-2003	2003-13303092	PDF
30-09-2001	abbreviated format	14-08-2002	2002-47701996	PDF
30-09-2000	abbreviated format	04-05-2001	2001-11501066	PDF
30-09-1999	abbreviated format	03-04-2000	2000-08403737	PDF
30-09-1998	abbreviated format	27-05-1999	1999-11803701	PDF
30-09-1997	abbreviated format	27-07-1998	1998-35804768	PDF
30-09-1996	abbreviated format	27-05-1997	1997-09304673	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
-397,981	-190,619	-101,948	27,921	-9,538	48,916	41,507	42,698	99,273	5,160	8,486	48,843	-18,595	126,623	86,411	-	55,005	48,257	21,901
-408,375	-196,005	-107,234	21,248	-13,945	41,843	34,279	38,154	91,290	1,869	16,548	40,472	11,888	122,360	75,223	-	53,411	43,351	38,763
0	0	122,710	11,700	45,748	31,262	75,737	22,906	7,457	30,728	20,570	73,148	42,951	3,000	16,987	5,290	78,999	30,045	1,372
-	-	-70,373	94,293	-24,700	-78,498	74,743	-31,752	40,095	13,315	-52,476	44,234	-4,221	-3,501	15,911	-26,870	43,456	-6,826	-
-763,316	-330,727	-68,202	80,742	92,242	161,329	164,830	176,733	152,477	80,999	141,849	146,988	158,832	166,657	52,827	6,613	177,795	101,497	88,191
-73.6%	-7.2%	10.8%	21.7%	21.5%	31.0%	25.9%	27.1%	27.4%	27.3%	29.3%	27.8%	30.5%	28.7%	21.1%	13.1%	30.5%	25.0%	20.9%
0.41	0.75	0.93	1.09	1.10	1.26	1.21	1.22	1.20	1.13	1.23	1.21	1.27	1.24	1.08	1.01	1.33	1.18	1.15
0.26	0.41	0.52	0.65	0.71	0.69	0.77	0.80	0.87	0.71	0.84	0.89	0.97	1.00	0.90	0.86	1.16	1.03	1.01
-	-	8.25	3.62	3.64	2.23	2.85	2.69	2.65	2.66	2.41	2.60	2.28	2.49	3.74	6.64	2.28	3.00	3.78
-	-	-94.2%	-0.8%	-13.1%	3.4%	1.6%	2.7%	16.4%	-13.8%	-4.7%	7.4%	-3.1%	38.6%	34.2%	-129.5%	5.8%	16.6%	15.4%
-61.3%	-17.8%	-10.2%	-0.2%	-2.8%	1.0%	0.4%	0.7%	4.5%	-3.8%	-1.4%	2.1%	-1.0%	11.1%	7.2%	-16.9%	1.8%	4.2%	3.2%
-38.29	-35.39	-19.21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	30-09-2024	30-09-2023	30-09-2022
Employees at the balance-sheet date	17	17	18
full-time	15	14	16
part-time	2	3	2
in full-time equivalents	15.7	15.5	17
	15.8	16.3	18.8
On a permanent contract	17	17	18
Joined	4	1	7
Left	4	2	6

Source: social balance sheet in the 2022 to 2024 annual accounts

Overdue debts

tax and social security

Item	30-09-2024	30-09-2023	30-09-2022
Overdue tax debts	-	€139,197	-
Overdue social security (RSZ) debts	-	€64,911	-

Source: notes to the 2022 to 2024 annual accounts (statement of debts)

Investments

fixed assets acquired

Item	30-09-2024	30-09-2023	30-09-2022
Tangible fixed assets	-	-	€122,710
	€49,450	€29,901	€19,225

Source: notes to the 2022 to 2024 annual accounts (statement of fixed assets)

Insights on LV TECHNICS

The operating result for 2024 is a loss of €447,431, larger than the loss of €220,520 in 2023. It is the lowest result since 2006.

Equity is negative. Debt (€1.3m) exceeds the balance-sheet total (€746,940).

Annual accounts 2024

Balance sheet

Change in equityin euro

Change in cash

Position in the sector

Solvency-73.6%

Current ratio0.41

Return on assets-61.3%

Staff

Staff cost per FTE€48,219

Joined and leftlevel

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Overdue debts

Investments

Insights on LV TECHNICS

in euro

-73.6%

0.41

-61.3%

€48,219

level