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LVGO

Active
Private limited companyfounded 20233 yrs activeStuivenbergvaart 53, 2800 Mechelen, BelgiumKBO/BCE: BE 0802.269.677
Summary

The computed 12-month bankruptcy probability of LVGO is 3.2% (moderate). The 2024 annual accounts show equity of €159,082 and a net result of €149,082. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability84
Solvency38
Growth-
Track record79
Bankruptcy probability, 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 2.01; short-term debt: 8.4% and cash: 15.1% of total assets), but 87.2% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 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
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
37 d early
2024
51 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 44 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 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

LVGO was incorporated on 31 May 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

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

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Financials · fiscal year 2024, micro schema

Equity
€159,082
Total assets
€1.2m
Net result
€149,082
Working capital
€105,594

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €1.2m
Fixed assets €1.0m
Current assets €210,295
Equity and liabilities €1.2m
Equity €159,082
Debt €1.1m
Debt finances 87.2% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€358,472
Cash flow
€297,363
Current ratio
2.01
Debt to equity
6.80
ROE
93.7%
ROA
12.0%
Interest coverage
21.39
Debt ≤ 1 year
€104,701
Debt > 1 year
€976,786
Income taxes
€44,353

Peer companies

Historical observation

Of the 1,602 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 97% are still going.

  • Small
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
2.3% went bankrupt
0.9% stopped otherwise
97% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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 1,602 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 · 2024 · 41 lines
Balance sheet Code2024
Assets
Total assets20/58€1.2m
Fixed assets21/28€1.0m
Tangible fixed assets22/27€1.0m
Land and buildings22€981,968
Furniture and vehicles24€1,520
Leasing and similar rights25€46,786
Current assets29/58€210,295
Amounts receivable within one year40/41€23,198
Trade receivables40€23,198
Cash at bank and in hand54/58€186,808
Deferred charges and accrued income490/1€290
Equity and liabilities
Total equity and liabilities10/49€1.2m
Equity10/15€159,082
Contributions10/11€10,000
Reserves13€149,082
Distributable reserves133€149,082
Amounts payable17/49€1.1m
Amounts payable after more than one year17€976,786
Financial debts170/4€976,786
Amounts payable within one year42/48€104,701
Current portion of amounts payable after more than one year42€51,252
Trade debts44€1,327
Suppliers440/4€1,327
Taxes, remuneration and social security45€45,213
Taxes450/3€45,213
Other amounts payable47/48€6,909
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€148,281
Other operating charges640/8€4,681
Gross operating margin9900€363,153
Operating profit (loss)9901€210,191
Financial income75/76B€5
Recurring financial income75€5
Financial charges65/66B€16,762
Recurring financial charges65€16,762
Profit (loss) for the period before taxes9903€193,435
Income taxes67/77€44,353
Profit (loss) for the period9904€149,082
Profit (loss) for the period to be appropriated9905€149,082
Appropriation of the result
Profit (loss) to be appropriated9906€149,082
Transfer to equity691/2€149,082
To other reserves6921€149,082

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€148,281
Other operating charges640/8€4,681
Gross operating margin9900€363,153
Operating profit (loss)9901€210,191
Financial income75/76B€5
Recurring financial income75€5
Financial charges65/66B€16,762
Recurring financial charges65€16,762
Profit (loss) for the period before taxes9903€193,435
Income taxes67/77€44,353
Profit (loss) for the period9904€149,082
Profit (loss) for the period to be appropriated9905€149,082
Line2024
Assets
Total assets20/58€1.2m
Fixed assets21/28€1.0m
Tangible fixed assets22/27€1.0m
Land and buildings22€981,968
Furniture and vehicles24€1,520
Leasing and similar rights25€46,786
Current assets29/58€210,295
Amounts receivable within one year40/41€23,198
Trade receivables40€23,198
Cash at bank and in hand54/58€186,808
Deferred charges and accrued income490/1€290
Equity and liabilities
Total equity and liabilities10/49€1.2m
Equity10/15€159,082
Contributions10/11€10,000
Reserves13€149,082
Distributable reserves133€149,082
Amounts payable17/49€1.1m
Amounts payable after more than one year17€976,786
Financial debts170/4€976,786
Amounts payable within one year42/48€104,701
Current portion of amounts payable after more than one year42€51,252
Trade debts44€1,327
Suppliers440/4€1,327
Taxes, remuneration and social security45€45,213
Taxes450/3€45,213
Other amounts payable47/48€6,909
Line2024
Profit (loss) for the period9904€149,082
+ Depreciation and write-downs630€148,281
Operating cash flow (approximation)€297,363

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 31-07-2027
2026
24-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
10-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Mechelen · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
126 m²
Building footprint
77 m²
Volume, LiDAR
572 m³
Parcel 12404F0564/00A004, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
LVGO
Stuivenbergvaart 53, 2800 MechelenDental practice
since 20232.347.476.016
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12404F0564/00A004 Flanders 126 m² 1 · 77 m² 10.1 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded31-05-2023
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0802269677
Also 9925:BE0802269677

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.