LVA
ActiveSummary
The computed 12-month bankruptcy probability of LVA is 2.0% (moderate). For LVA, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (€-43k) and a net result of €17k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 5% of 1185 sector peers (fiscal year 2023). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability94▲+25
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
-53.8%
Return on assets
20.5%
Age of the figures
42 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-03-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filingsPosition against the passed deadline
31-03-2024 close31-10-2024 deadline25-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 10-08-2025, 649 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
649 d late
2022
384 d late
2021
434 d late
2020
195 d late
2019
29 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€-43k▲ 27.6%
2022 · €-60k
Total assets
€81k▼ 7.5%
2022 · €87k
Net result
€17k
2022 · €-100
Working capital
€-43k▲ 34.6%
2022 · €-66k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€-47k-€-41k▲ 13.6%€7k€-2k€29k
Net result€-49k-€-42k▲ 14.7%€5k€-100€17k
Equity€-23k-€-65k▼ 179%€-60k▲ 8.4%€-60k▼ 0.2%€-43k▲ 27.6%
Total assets€160k-€153k▼ 3.9%€69k▼ 55.1%€87k▲ 26.8%€81k▼ 7.5%
Debt€183k-€219k▲ 19.5%€129k▼ 41.2%€127k▼ 1.1%€124k▼ 2.5%
Working capital€-55k-€-99k▼ 78.1%€-85k▲ 14.3%€-66k▲ 21.4%€-43k▲ 34.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €29k after a loss of €2k in 2022, the highest result in the available series.
Key figures and ratios
EBITDA
€29k▲
2022 · €8k
Cash flow
€17k▲
2022 · €9k
Solvency
-53.8%▲
2022 · -68.7%
Current ratio
0.65▲
2022 · 0.42
Debt to equity
-2.86▼
2022 · -2.12
ROA
20.5%▲
2022 · -0.1%
Interest coverage
25.83▲
2022 · 7.53
Debt ≤ 1 year
€124k▲
2022 · €115k
Debt > 1 year
€0▼
2022 · €8k
Income taxes
€11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30k | €22k | €20k | €10k | €0 | ▼ 100% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €20k | €-20k | ▼ 200% |
| Other operating charges640/8 | - | - | €3k | €347 | €39k | ▲ 11,111% |
| Gross operating margin9900 | €-17k | €-16k | €29k | €28k | €48k | ▲ 70.0% |
| Operating profit (loss)9901 | €-47k | €-41k | €7k | €-2k | €29k | ▲ 1,595% |
| Financial income75/76B | - | - | - | €3k | €0 | ▼ 100.0% |
| Recurring financial income75 | - | €802 | - | €3k | €0 | ▼ 100.0% |
| Financial charges65/66B | - | - | €1k | €1k | €1k | ▲ 9.6% |
| Recurring financial charges65 | €2k | €2k | €1k | €1k | €1k | ▲ 9.6% |
| Profit (loss) for the period before taxes9903 | €-49k | €-42k | €5k | €-100 | €28k | ▲ 27,632% |
| Income taxes67/77 | €250 | €-66 | - | - | €11k | - |
| Profit (loss) for the period9904 | €-49k | €-42k | €5k | €-100 | €17k | ▲ 16,653% |
| Profit (loss) for the period to be appropriated9905 | €-49k | €-42k | €5k | €-100 | €17k | ▲ 16,653% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €160k | €153k | €69k | €87k | €81k | ▼ 7.5% |
| Fixed assets21/28 | €90k | €68k | €48k | €39k | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €90k | €68k | €48k | €39k | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | €48k | €39k | €0 | ▼ 100% |
| Current assets29/58 | €70k | €85k | €20k | €48k | €81k | ▲ 66.7% |
| Stocks and contracts in progress3 | €8k | €21k | - | - | - | - |
| Amounts receivable within one year40/41 | €62k | €65k | €20k | €45k | €71k | ▲ 57.7% |
| Trade receivables40 | - | - | €15k | €44k | €70k | ▲ 58.9% |
| Other amounts receivable41 | - | - | €5k | €977 | €1k | ▲ 3.1% |
| Cash at bank and in hand54/58 | - | - | - | €3k | €10k | ▲ 186% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €160k | €153k | €69k | €87k | €81k | ▼ 7.5% |
| Equity10/15 | €-23k | €-65k | €-60k | €-60k | €-43k | ▲ 27.6% |
| Contributions10/11 | €12k | - | €12k | €12k | €12k | = |
| Reserves13 | €670 | €670 | €670 | €670 | €670 | = |
| Non-distributable reserves130/1 | - | - | €670 | €670 | €670 | = |
| Reserves not available under the articles1311 | - | - | €670 | €670 | €670 | = |
| Profit (loss) carried forward14 | €-36k | €-78k | €-73k | €-73k | €-57k | ▲ 22.6% |
| Provisions and deferred taxes16 | - | - | - | €20k | €0 | ▼ 100% |
| Provisions for liabilities and charges160/5 | - | - | - | €20k | €0 | ▼ 100% |
| Environmental obligations163 | - | - | - | - | €0 | - |
| Other liabilities and charges164/5 | - | - | - | €20k | - | - |
| Amounts payable17/49 | €183k | €219k | €129k | €127k | €124k | ▼ 2.5% |
| Amounts payable after more than one year17 | €58k | €35k | €23k | €8k | €0 | ▼ 100% |
| Financial debts170/4 | - | - | €23k | €8k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €125k | €184k | €105k | €115k | €124k | ▲ 8.2% |
| Current portion of amounts payable after more than one year42 | - | - | €23k | €15k | €8k | ▼ 43.7% |
| Financial debts43 | - | - | €3k | - | - | - |
| Credit institutions430/8 | - | - | €3k | - | - | - |
| Trade debts44 | €48k | €105k | €10k | €17k | €15k | ▼ 12.6% |
| Suppliers440/4 | - | - | €10k | €17k | €15k | ▼ 12.6% |
| Advances received on contracts in progress46 | - | - | €4k | €3k | €3k | = |
| Taxes, remuneration and social security45 | - | - | €3k | €6k | €14k | ▲ 125% |
| Taxes450/3 | - | - | €3k | €6k | €14k | ▲ 125% |
| Remuneration and social security454/9 | - | - | €0 | - | - | - |
| Other amounts payable47/48 | - | - | €62k | €74k | €84k | ▲ 13.7% |
| Accrued charges and deferred income492/3 | - | - | €705 | €4k | €0 | ▼ 100% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-49k | €-42k | €5k | €-100 | €17k | ▲ 16,653% |
| + Depreciation and write-downs630 | €30k | €22k | €20k | €10k | €0 | ▼ 100% |
| Operating cash flow (approximation) | €-19k | €-20k | €25k | €9k | €17k | ▲ 75.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €39k | - |
| Change in cash | - | - | - | - | €6k | - |
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
10-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 649 days late
2023
19-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 384 days late
31-03
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
08-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 434 days late
2021
14-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 195 days late
31-03
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
2018
23-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
28-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
Financial 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, Comines-Warneton · 1 establishment unit since 2016
Ground area
342 m²
Building footprint
148 m²
Volume, LiDAR
740 m³
Parcel 54009C0068/00X003, Wallonia · tallest building 8.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
LVA FORAGES ET POMPES
since 20162.252.408.987
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54009C0068/00X003 | Wallonia | 342 m² | 1 · 148 m² | 8.0 m · 1 fl. |
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.
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Of 337 companies in sector 42219 we hold annual accounts for 149. 105 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
Founded21-04-2016
Fiscal year end31-03
Activities, NACEBEL 2025
42219Civil engineering
01610Support activities for crop production
36000Water collection, treatment and supply
43120Site preparation
Scores and ratios are computed by Checked and are not a credit decision.