LVL CONSTRUCT
ActiveSummary
LVL CONSTRUCT has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,658 and a net result of €3,124. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 9,265 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
- Equity
- €36,658
- Profit
- €3,124
- LEFEBURE JohannesDirector
- VAN LUYTEN GrégoryDirector
Why 66raises riskSector: Construction of residential and non-residential buildings (NACE 41)Latest accounts 31 days late; 3 of the last 3 lateEquity €36,658 (4.7% of total assets)lowers riskSize: total assets €774,163Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 15% on solvency, 65% on liquidity, 33% on profitability and 53% on growth.
The bankruptcy probability was computed on 21-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 69 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00481693.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 44% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 1,448 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 95.6% are still going.
- Small
- 10 to 20 years old
- solvency under 10%
- a profit under 5% of the balance sheet
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 74.5% 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 1,448 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,134 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €548 | €2,726 | €3,000 | €2,442 | €1,395 | ▼ 42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,662 | €24,801 | €23,292 | €33,491 | €41,221 | €42,534 | €55,174 | €57,012 | ▲ 3.3% |
| Other operating charges640/8 | - | - | - | €1,574 | €1,021 | €3,776 | €4,241 | €4,022 | ▼ 5.2% |
| Gross operating margin9900 | €36,179 | €20,090 | €62,699 | €17,306 | €55,230 | €79,651 | €106,640 | €87,491 | ▼ 18.0% |
| Operating profit (loss)9901 | €5,678 | -€8,524 | €37,994 | -€18,307 | €10,262 | €30,341 | €44,783 | €25,062 | ▼ 44.0% |
| Financial income75/76B | - | - | - | €0 | €9 | €0 | €27 | €13 | ▼ 52.7% |
| Recurring financial income75 | €2,612 | €2,554 | €2,448 | €0 | €9 | €0 | €27 | €13 | ▼ 52.7% |
| Financial charges65/66B | - | - | - | €9,401 | €18,301 | €26,389 | €17,585 | €16,951 | ▼ 3.6% |
| Recurring financial charges65 | €5,963 | €5,206 | €7,612 | €9,401 | €18,301 | €26,389 | €17,585 | €16,951 | ▼ 3.6% |
| Profit (loss) for the period before taxes9903 | €2,328 | -€11,177 | €32,829 | -€27,708 | -€8,030 | €3,952 | €27,225 | €8,124 | ▼ 70.2% |
| Income taxes67/77 | -€1,000 | -€5,025 | -€421 | €4,127 | - | - | - | €5,000 | - |
| Profit (loss) for the period9904 | €3,328 | -€6,151 | €33,250 | -€31,835 | -€8,030 | €3,952 | €27,225 | €3,124 | ▼ 88.5% |
| Profit (loss) for the period to be appropriated9905 | €3,328 | -€6,151 | €33,250 | -€31,835 | -€8,030 | €3,952 | €27,225 | €3,124 | ▼ 88.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €277,583 | €236,298 | €594,073 | €667,346 | €786,304 | €755,659 | €830,143 | €774,163 | ▼ 6.7% |
| Fixed assets21/28 | €246,931 | €224,889 | €531,011 | €607,191 | €720,526 | €681,947 | €705,189 | €653,632 | ▼ 7.3% |
| Tangible fixed assets22/27 | €246,881 | €224,839 | €530,961 | €607,141 | €720,476 | €681,897 | €705,139 | €653,582 | ▼ 7.3% |
| Land and buildings22 | - | - | - | €587,088 | €700,846 | €661,294 | €622,520 | €584,649 | ▼ 6.1% |
| Plant, machinery and equipment23 | - | - | - | €19,144 | €19,475 | €20,602 | €17,349 | €16,663 | ▼ 4.0% |
| Furniture and vehicles24 | - | - | - | €909 | €155 | - | €65,271 | €52,270 | ▼ 19.9% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €30,652 | €11,409 | €63,062 | €60,155 | €65,778 | €73,712 | €124,954 | €120,530 | ▼ 3.5% |
| Stocks and contracts in progress3 | €93 | - | €24,149 | €24,149 | €24,149 | €24,149 | €24,149 | €24,149 | = |
| Stocks30/36 | - | - | - | €24,149 | €24,149 | €24,149 | €24,149 | €24,149 | = |
| Amounts receivable within one year40/41 | €16,579 | €2,457 | €9,664 | €10,667 | €14,047 | €20,415 | €12,083 | €12,606 | ▲ 4.3% |
| Trade receivables40 | - | - | - | €7,567 | €8,610 | €17,114 | €11,680 | €11,720 | ▲ 0.3% |
| Other amounts receivable41 | - | - | - | €3,099 | €5,437 | €3,301 | €403 | €887 | ▲ 120% |
| Cash at bank and in hand54/58 | €10,832 | €6,858 | €29,249 | €14,591 | €16,833 | €29,148 | €88,050 | €83,007 | ▼ 5.7% |
| Deferred charges and accrued income490/1 | - | - | - | €10,748 | €10,748 | - | €672 | €768 | ▲ 14.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €277,583 | €236,298 | €594,073 | €667,346 | €786,304 | €755,659 | €830,143 | €774,163 | ▼ 6.7% |
| Equity10/15 | €20,020 | €11,420 | €42,222 | €10,387 | €2,357 | €6,309 | €33,534 | €36,658 | ▲ 9.3% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €7,064 | €912 | €34,162 | €2,327 | -€5,703 | -€1,751 | €25,474 | €28,598 | ▲ 12.3% |
| Amounts payable17/49 | €257,563 | €224,878 | €551,851 | €656,959 | €783,947 | €749,350 | €796,609 | €737,505 | ▼ 7.4% |
| Amounts payable after more than one year17 | €197,559 | €163,928 | €476,500 | €587,972 | €687,602 | €653,277 | €669,359 | €618,293 | ▼ 7.6% |
| Financial debts170/4 | - | - | - | €587,972 | €687,602 | €653,277 | €669,359 | €618,293 | ▼ 7.6% |
| Amounts payable within one year42/48 | €60,004 | €60,950 | €75,351 | €68,986 | €96,345 | €95,209 | €126,385 | €119,211 | ▼ 5.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6,308 | €33,586 | €34,325 | €55,898 | €57,146 | ▲ 2.2% |
| Trade debts44 | €14,779 | €10,738 | €33,895 | €40,012 | €50,306 | €34,428 | €46,207 | €39,384 | ▼ 14.8% |
| Suppliers440/4 | - | - | - | €40,012 | €50,306 | €34,428 | €46,207 | €39,384 | ▼ 14.8% |
| Advances received on contracts in progress46 | - | - | - | €3,180 | €3,180 | €3,180 | €3,180 | €3,180 | = |
| Taxes, remuneration and social security45 | - | - | - | €3,095 | €2,036 | - | €1,515 | €1,946 | ▲ 28.5% |
| Taxes450/3 | - | - | - | - | - | - | €1,515 | €287 | ▼ 81.1% |
| Remuneration and social security454/9 | - | - | - | €3,095 | €2,036 | - | - | €1,659 | - |
| Other amounts payable47/48 | - | - | - | €16,391 | €7,236 | €23,275 | €19,586 | €17,556 | ▼ 10.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €865 | €865 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,328 | -€6,151 | €33,250 | -€31,835 | -€8,030 | €3,952 | €27,225 | €3,124 | ▼ 88.5% |
| + Depreciation and write-downs630 | €26,662 | €24,801 | €23,292 | €33,491 | €41,221 | €42,534 | €55,174 | €57,012 | ▲ 3.3% |
| Operating cash flow (approximation) | €29,990 | €18,650 | €56,542 | €1,656 | €33,191 | €46,486 | €82,399 | €60,136 | ▼ 27.0% |
| Investment in fixed assets (approximation) | - | -€2,759 | -€329,414 | -€109,671 | -€154,556 | -€3,955 | -€78,416 | -€5,455 | ▲ 93.0% |
| Change in cash | - | -€3,974 | €22,391 | -€14,658 | €2,243 | €12,314 | €58,903 | -€5,044 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00481693 |
| 31-12-2024 | micro format | 07-10-2025 | 2025-00536391 |
| 31-12-2023 | micro format | 25-09-2024 | 2024-00475766 |
| 31-12-2022 | micro format | 01-09-2023 | 2023-00435825 |
| 31-12-2021 | micro format | 25-11-2022 | 2022-20525917 |
| 31-12-2020 | micro format | 28-09-2021 | 2021-68900366 |
| 31-12-2019 | micro format | 27-11-2020 | 2020-73700347 |
| 31-12-2018 | micro format | 29-08-2019 | 2019-58700101 |
| 31-12-2017 | micro format | 29-08-2018 | 2018-56000199 |
| 31-12-2016 | micro format | 29-08-2017 | 2017-55100363 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| LEFEBURE Johannes |
|
| VAN LUYTEN Grégory |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
12-01
Gazette deed
Appointments: LEFEBURE Johannes (director) and VAN LUYTEN Grégory (director)Resignations: LEFEBURE Johannes (manager) and VAN LUYTEN Grégory (manager) · Capital conversion · Amendment of the articles14 facts ▸
- General meeting, 18-12-2023
- Other provision, “adaptation des statuts au CSA et maintien SRL, article 39,§1,alinéa 1 et 3 de la loi du 23 mars introduisant le Code des sociétés et des associations et portant…” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French) (2 times)
- Other provision, “suppression du compte de capitaux propres statutairement indisponible”, 8060 (deed in French)
- Amendment of the articles (2 times)
- Director discharge, LEFEBURE Johannes (2 times)
- Director discharge, VAN LUYTEN Grégory (2 times)
- Director appointment, LEFEBURE Johannes (director (not named in the articles)) (2 times)
- Director appointment, VAN LUYTEN Grégory (director (not named in the articles)) (2 times)
- Capital
- Director resignation, LEFEBURE Johannes (manager)
- Director resignation, VAN LUYTEN Grégory (manager)
- +2 further facts in this act
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 22 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0849.836.004
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25107B0444/00F000 | Wallonia | 1,057 m² | 1 · 147 m² | 10.0 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L'achat, la vente en gros ou en détail, la location, l'importexport, la livraison de fleurs, de plantes ornementales et végétaux…” (deed in French)
35 activities (deed in French)
- L'achat, la vente en gros ou en détail, la location, l'importexport, la livraison de fleurs, de plantes ornementales et végétaux généralement quelconques
- La conception, la création et l'entretien de tous parcs, espaces verts extérieurs ou intérieurs, jardins publics ou privés, de même que l'entreprise de jardinage au sens le plus large du terme le placement de clôtures
- Le placement d'isolation thermique et acoustique
- L'exploitation de l'entreprise de ramonage
- La construction de pavillon démontable
- L'exploitation d'un atelier de décoration et de protection de matériaux
- L'entreprise d'électricité et du bâtiment
- L'installation de chauffage
- L'entreprise de rejointoiement et nettoyage de façade
- La pose de ferronnerie ainsi que de volet et menuiserie métallique
- L'entreprise d'air chaud, de ventilation et de conditionnement d'air
- La coordination générale sur chantiers
- La surveillance des travaux de gros ouvres, installations et travaux de finition réalisés par des soustraitants
- Gestion de patrimoines propres
- Entreprise d'activités générales de la construction
- Entrepreneur de vitrage
- Fabriquantinstallateur d'enseignes lumineuses
- Entrepreneur de travaux de démolition
- Entrepreneur de travaux de terrassement
- Entrepreneur de travaux de drainage
- Entrepreneur de travaux de route et de construction d'ouvrages d'art nonmétalliques
- Entrepreneur de travaux de pose de câbles et de canalisations diverses
- Entrepreneur de travaux d'aménagement et entretien de terrains divers
- Entrepreneur de travaux de tuyauteries industrielles et canalisations
- Entrepreneur de travaux d'installations spéciales
- Entrepreneur d'activités diverses
- Entreprise de construction et montage métallique
- Commerce d'importation et d'exportation de marchandises diverses
- Affaires immobilières
- Couverture de construction et travaux d'hydrofuge
- Pose de carrelages
- Pose de chape
- Menuiseries intérieures et extérieures
- Toiture couverture de bâtiment
- Maçonnerie ,gros œuvre et béton
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- LVL CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sièges administratifs,agences,ateliers,dépôts et succursales,tant en Belgique qu'à l'étranger,par simple décision de…” (deed in French)“Région wallonne, par simple décision organe d'administration” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 12. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, 1” (deed in French)“Avec ou sans limitation, un ou plusieurs administrateurs” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, TITRE III : TITRES” (deed in French)“Nominatives, requises par Code des sociétés et des associations” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs au prorata si plusieurs, commun accord sinon président du tribunal de l'entreprise statuant comme en référé…” (deed in French)“Onerous gratuit volontaires forcées usufruit nue-propriété pleine propriété actions ou titres donnant droit, écrit par pli recommandé” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Courrier électronique,ou courrier ordinaire même jour si pas d’adresse électronique, organe qui procède à l’émission” (deed in French)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Thursday of May at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale, formes modifications aux statuts” (deed in French)“Assemblée générale délibérant dans formes pour modifications aux statuts, en tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Quelque cause et à quelque moment que ce soit, administrateurs en fonction” (deed in French)“Dissolution pour quelque cause et à quelque moment que ce soit si aucun autre liquidateur désigné, administrateur(s) en fonction désigné(s)…” (deed in French)