LVO SERVICES

Active

Public limited companyfounded 1991active for 34 yearsGareelmakersstraat(HRT) 6-8, 2200 Herentals, BelgiumKBO/BCE: BE 0445.710.644

Summary

LVO SERVICES has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.9m and a net result of €1.9m. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 52% of 5,767 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

LVO SERVICESActiveChecked score 96/100

Risk analysis Report Compare

Activity

Renting and operating of own or leased non-residential real estate, excluding land

NACE 68203

2nd largest company by equity in Herentals, Real estate sector2 sites

Size

€34.1mtotal assets 2025

Staff: 6.8 FTE
Equity: €13.9m
Profit: €1.9m

Financial health

96 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

Holdings: 4

Auditor: Guy Cox2025 accounts 11 days early11 of 16 deeds summarised

Why 96raises riskLiquidity: current ratio 1.53, cash €2.4mlowers riskSize: 6.8 FTE, total assets €34.1mFounded in 1991Figures for financial year 2025 (filed 20-07-2026)Show the evidence

Checked score

Score 2025

96 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 68% of its sector peers (NACE 68, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 66+5

equity 40.9% of total assets

Liquidity 59+3

short-term debt 5.8% · cash 7.1%

Profitability 76=

return on assets 5.5%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,617 companies, NACE 68, micro)

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025highest value 06-2025: 0.1%▼ -0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value

Credit of up to €1,300,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.53, compared with 0.75 in 2024, above the usual 1.5; short-term debt: 5.8% and cash: 7.1% of total assets), but 59.1% of the assets are financed with debt and provisions.

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 68, micro): better than 58% on solvency, 70% on liquidity, 71% on profitability and 75% on growth.

The bankruptcy probability was computed on 27-10-2026 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

Five signals.

lowers riskraises riskneutral

Size: 6.8 FTE, total assets €34.1m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Founded in 1991

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Figures for financial year 2025 (filed 20-07-2026)

NBB · annual accounts

Liquidity: current ratio 1.53, cash €2.4m

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

11 days early

2024

83 days early

2023

14 days early

2022

18 days early

2021

31 days early

2020

17 days early

2019

95 days early

← 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 38 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

27-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

20-07-2026 Annual accounts filedfinancial year 2025 · full…
05-02-2026 Capital & shares · Purpose ·…Demerger · Capital decrease ·…
31-12-2025 Highest result from 2018 to 2025net €1.9m ▲3.8%

Key points

Positive: Among the best 5% on net resultsector median €20,563 · 5,773 companies €1.9m View
4 restructurings since 2025latest: restructuring with Van Oirschot Verwarmingsgroothandel NV 4 View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Positive: 7 profitable years in a rowprofit 2025: €1.9m 7 years View

By topic

Financials

Financial year: 2025
Total assets: €34.1m
Profit: €1.9m
Solvency: 40.9%

Total assets▲ 4.4%

Net result

20182025

Go to Financials

Board & ownership

Auditor: Guy Cox

Go to Board & ownership

Network & group

Subsidiaries: 2
Direct holdings: 4
Mergers and asset contributions: 4

4 holdings

Go to Network & group

Timeline

Events: 51
Since: 1993
Next accounts: by 31-07-2027

31-12-2025Liquidity doubles
30-10-2025Restructuring
08-08-2025Capital & shares · Restructuring

Go to Timeline

Company details

Sites: 2

Legal form: Public limited company
Activity: Renting and operating of own or leased non-residential…NACE 68203
Founded: 14-11-1991
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 16

Annual meeting: Last Friday of June at 17:00
Purpose: “Het aan- en verkopen van onroerende goederen; Het beheren en oordeelkundig uitbreiden in…” (deed in Dutch)

Go to Articles of association

Key facts about LVO SERVICES

What is the company number of LVO SERVICES?: 0445.710.644. In Belgium the VAT number is the company number with BE in front: BE 0445.710.644.
Where is LVO SERVICES based?: The registered office is at Gareelmakersstraat(HRT) 6-8, 2200 Herentals.Company details
What does LVO SERVICES do?: According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of LVO SERVICES?: Public limited company (NV).
When was LVO SERVICES founded?: On 14-11-1991.
Is LVO SERVICES still active?: Yes, LVO SERVICES is an active enterprise in the KBO register.
How many employees does LVO SERVICES have?: On average 6.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of LVO SERVICES?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is LVO SERVICES profitable?: In financial year 2025, LVO SERVICES made a profit of €1.9m.
Where can I find the annual accounts of LVO SERVICES?: LVO SERVICES filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LVO SERVICES due?: By 31-07-2027, for financial year 2026.Timeline