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LVD Technics

Active
Private limited companyfounded 196858 yrs activeAvenue Jean Monnet 1, 1401 Nivelles, BelgiumKBO/BCE: BE 0403.544.150
Summary

LVD Technics has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19,084 and a net result of €19,139. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 28374 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability89▲+53
Solvency46▲+21
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.0 in 2024; short-term debt: 79.3% of total assets), and 79.3% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 58 years 0 60 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 28374 sector peers (2025).
NBB · sector comparison
Position among 28374 sector peers
Solvency
better than 22%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
5 d early
2024
1 d early
2022
26 d early
2021
31 d early
2020
57 d early
2019
88 d early
2018
2 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
neutral · 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

History

On 1 January 1968, LVD Technics was incorporated.1 Total assets went from EUR 4,361 in 2018 to EUR 92,272 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€19,084
2024 · -€55
Total assets
€92,272▼ 10.6%
2024 · €103,219
Net result
€19,139
2024 · -€520
Working capital
€19,084
2024 · -€55
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220242025
Operating result€7,010▲ 23.1%€1,744▼ 75.1%-€55-€18,609
Net result€5,785within the sector's middle half▲ 35.4%€1,519within the sector's middle half▼ 73.8%-€520below the sector's middle half-€19,139within the sector's middle half
Equity-€1,053below the sector's middle half▲ 84.6%€465below the sector's middle half€465below the sector's middle half=-€55below the sector's middle half-€19,084below the sector's middle half
Total assets€4,023below the sector's middle half▼ 13.4%€465below the sector's middle half▼ 88.4%€465below the sector's middle half=€103,219within the sector's middle half-€92,272within the sector's middle half▼ 10.6%
Debt€5,076▼ 55.8%€103,274-€73,188▼ 29.1%
Working capital-€1,778below the sector's middle half▲ 76.5%-€55below the sector's middle half-€19,084within the sector's middle half
Solvency-0.1%below the sector's middle half-20.7%below the sector's middle half▲ 20.7pp
Current ratio1.00below the sector's middle half-1.26within the sector's middle half▲ 0.26
Return on assets (ROA)-0.5%below the sector's middle half-20.7%above the sector's middle half▲ 21.2pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000€15,000€20,000Operating result 2020: €7,010€7,010Net result 2020: €5,785€5,785Operating result 2021: €1,744€1,744Net result 2021: €1,519€1,519Operating result 2024: -€55-€55Net result 2024: -€520-€520Operating result 2025: €18,609€18,609Net result 2025: €19,139€19,13920202021202220242025-€5,000€0€5,000€10,000€15,000€20,000Operating result 2024: -€55-€55Net result 2024: -€520-€520Operating result 2025: €18,609€18,600Net result 2025: €19,139€19,100202220242025
The operating result returns to profit in 2025: €18,609 after a loss of €55 in 2024, the highest result in the available series.
Balance-sheet composition
Equity and liabilities €92,272
Equity €19,084
Debt €73,188
Debt finances 79.3% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
Debt to equity
3.84
ROE
100.3%
Debt ≤ 1 year
€73,188▼
2024 · €103,274
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.0% went bankrupt
3.7% stopped otherwise
95% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,818 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€103,219€92,272▼
Current assets29/58€103,219€92,272▼
Amounts receivable within one year40/41€40,303€50,191▲
Trade receivables40€40,303€50,191▲
Current investments50/53€62,916€42,082▼
Equity and liabilities
Total equity and liabilities10/49€103,219€92,272▼
Equity10/15-€55€19,084▲
Contributions10/11€26,029€26,029=
Reserves13€28,124€28,124=
Non-distributable reserves130/1€1,758€1,758=
Reserves not available under the articles1311€1,758€1,758=
Tax-exempt reserves132€13,544€13,544=
Distributable reserves133€12,822€12,822=
Profit (loss) carried forward14-€54,208-€35,069▲
Amounts payable17/49€103,274€73,188▼
Amounts payable within one year42/48€103,274€73,188▼
Trade debts44-€44,244
Suppliers440/4-€44,244
Advances received on contracts in progress46€43,274€25,950▼
Taxes, remuneration and social security45-€1,437
Taxes450/3-€1,437
Other amounts payable47/48€60,000€1,557▼
Income statement Code20242025
Other operating charges640/8-€822
Gross operating margin9900-€55€19,430▲
Operating profit (loss)9901-€55€18,609▲
Financial income75/76B-€584
Recurring financial income75-€584
Financial charges65/66B€465€53▼
Recurring financial charges65€465€53▼
Profit (loss) for the period before taxes9903-€520€19,139▲
Profit (loss) for the period9904-€520€19,139▲
Profit (loss) for the period to be appropriated9905-€520€19,139▲
Appropriation of the result
Profit (loss) to be appropriated9906-€54,208-€35,069▲
Profit (loss) brought forward from the previous period14P-€53,688-€54,208▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220242025Change
Other operating charges640/8-€724--€822-
Gross operating margin9900€7,357€2,469--€55€19,430▲ 35,460%
Operating profit (loss)9901€7,010€1,744--€55€18,609▲ 33,964%
Financial income75/76B----€584-
Recurring financial income75----€584-
Financial charges65/66B-€226-€465€53▼ 88.6%
Recurring financial charges65€1,225€226-€465€53▼ 88.6%
Profit (loss) for the period before taxes9903€5,785€1,519--€520€19,139▲ 3,779%
Profit (loss) for the period9904€5,785€1,519--€520€19,139▲ 3,779%
Profit (loss) for the period to be appropriated9905€5,785€1,519--€520€19,139▲ 3,779%
Line20202021202220242025Change
Assets
Total assets20/58€4,023€465€465€103,219€92,272▼ 10.6%
Fixed assets21/28€724-----
Financial fixed assets28€724-----
Current assets29/58€3,298€465€465€103,219€92,272▼ 10.6%
Stocks and contracts in progress3€2,008-----
Amounts receivable within one year40/41-€465€465€40,303€50,191▲ 24.5%
Trade receivables40---€40,303€50,191▲ 24.5%
Other amounts receivable41-€465€465---
Current investments50/53---€62,916€42,082▼ 33.1%
Cash at bank and in hand54/58€901-----
Equity and liabilities
Total equity and liabilities10/49€4,023€465€465€103,219€92,272▼ 10.6%
Equity10/15-€1,053€465€465-€55€19,084▲ 34,830%
Contributions10/11-€26,029€26,029€26,029€26,029=
Reserves13€28,124€28,124€28,124€28,124€28,124=
Non-distributable reserves130/1-€1,758€1,758€1,758€1,758=
Reserves not available under the articles1311-€1,758€1,758€1,758€1,758=
Tax-exempt reserves132-€13,544€13,544€13,544€13,544=
Distributable reserves133-€12,822€12,822€12,822€12,822=
Profit (loss) carried forward14-€55,207-€53,688-€53,688-€54,208-€35,069▲ 35.3%
Amounts payable17/49€5,076--€103,274€73,188▼ 29.1%
Amounts payable within one year42/48€5,076--€103,274€73,188▼ 29.1%
Trade debts44€390---€44,244-
Suppliers440/4----€44,244-
Advances received on contracts in progress46---€43,274€25,950▼ 40.0%
Taxes, remuneration and social security45----€1,437-
Taxes450/3----€1,437-
Other amounts payable47/48---€60,000€1,557▼ 97.4%
Line20202021202220242025Change
Profit (loss) for the period9904€5,785€1,519--€520€19,139▲ 3,779%
Operating cash flow (approximation)€5,785€1,519--€520€19,139▲ 3,779%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
26-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Back to profitnet €19,139
Net result €19,139 after one loss-making year.
30-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Weakest financial yearnet -€520
Net result drops to -€520, the lowest in the series; recovery starts the following year.
2023
05-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
04-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
04-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
02-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
08-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-05
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
20-05
NBB filing Annual accounts filed
fiscal year 2015 · full schema
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, Nivelles · 1 establishment unit since 1996
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.

Avenue Jean Monnet 11401 Nivelles
Ground area
189 m²
Building footprint
124 m²
Volume, LiDAR
797 m³
Parcel 55015A0162/00B006, Wallonia · tallest building 12.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avenue de la Mutualité(PAU) 98, 7100 La Louvière
Manufacture of machinery and equipment not elsewhere classified
since 19962.003.105.626
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55015A0162/00B006 Wallonia 189 m² 1 · 124 m² 12.9 m · 2 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.

Similar companies · same sector, comparable size

Of 9,537 companies in sector 43222 we hold annual accounts for 5,668. 3,466 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
Founded01-01-1968
Fiscal year end30-06
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
23420Manufacture of other non-metallic mineral products
E-invoicing
Reachable via Peppol
Peppol ID 0208:0403544150
Registered 31-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.