Equity
-€33,535
Debts exceed assets in financial year 2025.
LVR Management
Lifetime
7 annual accounts with figures on one time axispeak €61,661 (2020)
-€8,919▲ €10,569
lowest -€20,393 (2024)
-€10,621▲ €9,771
peak €18,094 (2021)
-€33,535▼ €10,621
€41,238▲ 37.8%
peak 1.6 FTE (2020)
-not published
Board3 names since 2018
1 directorLVR Real Estate
Owners2 names in the annual accounts
Documentsfilings and deeds
25-09-202656 days late
2025micro format
Gross margin from -€19,488 to -€8,919Loss of €10,621Equity from -€22,914 to -€33,535Debts from €29,934 to €41,238Cash from €3,156 to €2,000
Key points
from the 2025 annual accountsLosses
-€10,621
3 loss-making years in a row. Loss in financial year 2025.
Debts
€41,238 535% of the balance sheet
Suppliers 2%Taxes and wages 6%Other 92%
2025 accounts filed 56 days after the deadlineTurnover not published (abbreviated or micro format)
Checked score
53
Fair
Financially stronger than 9% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.1%
01-2025: 2.1%● unchanged vs 12-2024highest value
02-2025: 2.1%● unchanged vs 01-2025highest value
03-2025: 2.1%● unchanged vs 02-2025highest value
04-2025: 2.1%● unchanged vs 03-2025
05-2025: 2.1%● unchanged vs 04-2025
06-2025: 1.9%▼ -0.2 percentage points vs 05-2025
07-2025: 1.8%▼ -0.1 percentage points vs 06-2025
08-2025: 1.9%▲ +0.1 percentage points vs 07-2025
09-2025: 1.2%▼ -0.7 percentage points vs 08-2025
10-2025: 1.2%● unchanged vs 09-2025
11-2025: 1.2%● unchanged vs 10-2025
12-2025: 1.2%● unchanged vs 11-2025
01-2026: 1.2%● unchanged vs 12-2025
02-2026: 1.2%● unchanged vs 01-2026
03-2026: 0.4%▼ -0.8 percentage points vs 02-2026lowest value
04-2026: 0.5%▲ +0.1 percentage points vs 03-2026
05-2026: 0.4%▼ -0.1 percentage points vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.5%▲ +0.1 percentage points vs 06-2026
08-2026: 0.7%▲ +0.2 percentage points vs 07-2026
09-2026: 0.6%▼ -0.1 percentage points vs 08-2026
10-2026: 1.5%▲ +0.9 percentage points vs 09-2026
11-2026: 1.5%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
1 change of registered office in 24 months
Negative equity -€33,535
lowers risk
Size: total assets €7,703
Sector: Computer programming, consultancy and related activities (NACE 62)
Calculation
The band follows from the bankruptcy probability. 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 62, micro). It does better than 3% of them on solvency, 12% on liquidity, 5% on profitability and 15% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,008 companies had the same profile as LVR Management has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LVR Management itself is lower: 1.5% within 12 months. It rests on far more data about LVR Management than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,008 companies, not a prediction for LVR Management. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.12 (0.11 in 2024), below 1. Short-term debt is 535.4% and cash 26% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1920212223242425
2019 to 2025 · latest year -€33,535
raises risk · 2025 accounts filed 56 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filingsDeviation from the deadline
2025
56 days late
2024
18 days late
2024
89 days late
2023
104 days late
2022
91 days late
2021
57 days late
2020
91 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 72 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · 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.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- LVR Real Estate 98%score 47equity -€7,580 (2025) · 2025 annual accounts of LVR Real Estate
Recent changes
Registered office moved from Rumst to Putte
New registered office: Klein Boom 43 te 2580 Putte · Previous registered office: Morenhoekstraat 4, 2840 Rumst · Permanent representative: Loverie Mike · Board meeting of 27-05-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0701804205
Company renamed to LVR Management
Registered office moved to Rumst · New name: LVR Management · New registered office: Morenhoekstraat 4, 2840 Rumst · Gazette deed
Incorporation
Founders: Groep LVR, LOVERIE Mike and VAN RILLAER Yana · Founding capital of €18,600, 100 shares · Appointment: Groep LVR (manager) · published on 30-08-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LVR Management Putte | €7,703 | -€8,919 | -435.4% | - |
| MAHOOR COMMUNICATIONS Oudsbergen | €7,735 | -€203 | -71.7% | - |
| LIERMAN CONSULTING Ghent | €7,457 | -€836 | 62.4% | - |
| LAW MACHINE Esneux | €7,299 | -€1,042 | 65.9% | - |
| Rappez Graphics Schaerbeek | €7,266 | -€5,999 | -85.4% | - |
| PIKO-TECHNOLOGIES Woluwe-Saint-Lambert | €8,091 | -€194,426 | -30107.2% | - |
| SPORTS FANTASY GAMES Genk | €6,670 | -€893 | -1122.1% | - |
These companies have the same main activity as LVR Management: computer programming (NACE 62100). They are comparable in size and age: total assets between €6,670 and €8,090, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 28-08-2018Normal situation
- Activity
- Computer programmingNACE 62100
- Joint committee
- 201Independent retail · annual accounts 31-01-2024
- Establishment unit
- 2.282.800.7702840 Rumst, since 28-08-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 04-12-2025
Insights on LVR Management
LVR Management files the micro format. That format states no turnover. The gross margin fell from €32,733 in 2019 to -€8,919 in 2025.
LVR Real Estate holds 98% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LVR Management
- What is the company number of LVR Management?
- The company number of LVR Management is 0701.804.205. The VAT number is the same number with BE in front: BE 0701.804.205.
- Where is LVR Management based?
- The registered office is at Klein Boom 43, 2580 Putte.Company details
- What does LVR Management do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of LVR Management?
- LVR Management is a private limited company (BV).
- When was LVR Management founded?
- LVR Management was founded on 28-08-2018.
- Is LVR Management still active?
- Yes, LVR Management is an active enterprise in the KBO register.
- How many employees does LVR Management have?
- LVR Management had an average of 0.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does LVR Management fall under?
- In its 31-01-2024 annual accounts, LVR Management states joint committee 201 (Independent retail).
- What is the turnover of LVR Management?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.
- Is LVR Management profitable?
- In financial year 2025, LVR Management made a loss of €10,621.
- Where can I find the annual accounts of LVR Management?
- LVR Management filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LVR Management due?
- LVR Management must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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