LVVb
ActiveSummary
LVVb has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,666 and a net result of €21,157. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 59% of 9537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency89▲+89
Growth80▲+36
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 2.56 against 0.46 in 2024; short-term debt: 36.5% and cash: 93.5% of total assets), and 36.5% 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
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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63.5%
Return on assets
76.1%
Age of the figures
9 mo
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 29-05-2026, 63 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
63 d early
2024
66 d early
2023
36 d early
2022
17 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 46 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed 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 monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Turnover
€87,303▲ 20.4%
2024 · €72,502
EBIT margin
27.2%▲ 37.2pp
2024 · -10.0%
Net result
€21,157
2024 · -€10,055
Working capital
€15,871
2024 · -€5,001
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Turnover€65,655€72,502▲ 10.4%€87,303▲ 20.4%
Operating result€13,697--€6,648-€7,269▼ 9.4%€23,744
Net result€10,344--€6,781-€10,055▼ 48.3%€21,157
EBIT margin-10.1%-10.0%▲ 0.1pp27.2%▲ 37.2pp
Equity€13,344-€6,563▼ 50.8%-€3,491€17,666
Total assets€27,414-€15,340▼ 44.0%€5,780▼ 62.3%€27,809▲ 381%
Debt€14,070-€8,777▼ 37.6%€9,271▲ 5.6%€10,143▲ 9.4%
Working capital€12,611-€4,462▼ 64.6%-€5,001€15,871
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €23,744 after a loss of €7,269 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27,809
Fixed assets
€1,795 ▲ 18.9%
Current assets
€26,014 ▲ 509%
Equity and liabilities €27,809
Equity
€17,666
Debt
€10,143
Debt finances 36.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€24,587▲
2024 · -€6,678
Cash flow
€21,999▲
2024 · -€9,463
Current ratio
2.56▲
2024 · 0.46
Debt to equity
0.57▲
2024 · -2.66
ROE
119.8%
ROA
76.1%▲
2024 · -174.0%
Interest coverage
225.13▲
2024 · -68.67
Debt ≤ 1 year
€10,143▲
2024 · €9,271
Income taxes
€2,500▼
2024 · €2,688
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.4% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 39,275 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
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | €65,655 | €72,502 | €87,303 | ▲ 20.4% |
| Goods, raw materials, services and sundry goods60/61 | - | €71,274 | €77,999 | €61,901 | ▼ 20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,710 | €249 | €592 | €842 | ▲ 42.3% |
| Other operating charges640/8 | €348 | €778 | €795 | €815 | ▲ 2.6% |
| Non-recurring operating charges66A | - | - | €386 | - | - |
| Gross operating margin9900 | €15,755 | -€5,620 | -€5,497 | €25,402 | ▲ 562% |
| Operating profit (loss)9901 | €13,697 | -€6,648 | -€7,269 | €23,744 | ▲ 427% |
| Financial income75/76B | - | €1 | - | €22 | - |
| Recurring financial income75 | - | €1 | - | €22 | - |
| Financial charges65/66B | €68 | €134 | €97 | €109 | ▲ 12.3% |
| Recurring financial charges65 | €68 | €134 | €97 | €109 | ▲ 12.3% |
| Profit (loss) for the period before taxes9903 | €13,629 | -€6,781 | -€7,367 | €23,657 | ▲ 421% |
| Income taxes67/77 | €3,285 | - | €2,688 | €2,500 | ▼ 7.0% |
| Profit (loss) for the period9904 | €10,344 | -€6,781 | -€10,055 | €21,157 | ▲ 310% |
| Profit (loss) for the period to be appropriated9905 | €10,344 | -€6,781 | -€10,055 | €21,157 | ▲ 310% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €27,414 | €15,340 | €5,780 | €27,809 | ▲ 381% |
| Fixed assets21/28 | €733 | €2,101 | €1,510 | €1,795 | ▲ 18.9% |
| Tangible fixed assets22/27 | €733 | €2,101 | €1,510 | €1,795 | ▲ 18.9% |
| Plant, machinery and equipment23 | €733 | €2,101 | €1,510 | €918 | ▼ 39.2% |
| Furniture and vehicles24 | - | - | - | €877 | - |
| Current assets29/58 | €26,681 | €13,239 | €4,270 | €26,014 | ▲ 509% |
| Amounts receivable within one year40/41 | €4,475 | €1,484 | €1,500 | - | - |
| Trade receivables40 | €4,475 | €1,484 | €1,500 | - | - |
| Cash at bank and in hand54/58 | €22,206 | €11,755 | €2,770 | €26,014 | ▲ 839% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €27,414 | €15,340 | €5,780 | €27,809 | ▲ 381% |
| Equity10/15 | €13,344 | €6,563 | -€3,491 | €17,666 | ▲ 606% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Outside capital11 | - | €3,000 | - | - | - |
| Other1109/19 | - | €3,000 | - | - | - |
| Reserves13 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Tax-exempt reserves132 | €5,000 | - | - | - | - |
| Distributable reserves133 | - | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €5,344 | -€1,437 | -€11,491 | €9,666 | ▲ 184% |
| Amounts payable17/49 | €14,070 | €8,777 | €9,271 | €10,143 | ▲ 9.4% |
| Amounts payable within one year42/48 | €14,070 | €8,777 | €9,271 | €10,143 | ▲ 9.4% |
| Trade debts44 | €3,719 | €1,912 | €6,882 | €45 | ▼ 99.3% |
| Suppliers440/4 | €3,719 | €1,912 | €6,882 | €45 | ▼ 99.3% |
| Taxes, remuneration and social security45 | €7,608 | €5,760 | €1,571 | €7,996 | ▲ 409% |
| Taxes450/3 | €7,608 | €5,760 | €1,571 | €3,975 | ▲ 153% |
| Remuneration and social security454/9 | - | - | - | €4,021 | - |
| Other amounts payable47/48 | €2,743 | €1,105 | €819 | €2,102 | ▲ 157% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,344 | -€6,781 | -€10,055 | €21,157 | ▲ 310% |
| + Depreciation and write-downs630 | €1,710 | €249 | €592 | €842 | ▲ 42.3% |
| Operating cash flow (approximation) | €12,054 | -€6,531 | -€9,463 | €21,999 | ▲ 332% |
| Investment in fixed assets (approximation) | - | -€1,618 | €0 | -€1,127 | - |
| Change in cash | - | -€10,451 | -€8,986 | €23,244 | ▲ 359% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €21,157
Net result €21,157 after 2 loss-making years.
31-12
Financial
Liquidity times 6current ratio 2.56
Current ratio from 0.46 to 2.56.
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€10,055
Net result drops to -€10,055, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Evere · 1 establishment unit since 2022
Ground area
326 m²
Building footprint
113 m²
Volume, LiDAR
941 m³
Parcel 21372C0108/00A010, Brussels · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LVVb
since 20222.327.563.993
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372C0108/00A010 | Brussels | 326 m² | 1 · 113 m² | 11.6 m · 3 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
3 M A Architecture
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BE 1019.455.449
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LAB Architects Boveroux Courtoy
BE 0691.627.222
Liège · Eq €17,676
Architecten- en Ingenieursbureau idEA
BE 0535.666.959
Zemst · Eq €17,676
MRZ ARCHITECTS
BE 1017.790.217
Vilvoorde · Eq €17,651
Of 18,252 companies in sector 71111 we hold annual accounts for 6,320. 4,300 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
Founded27-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
Contact
E-mail
atelier@lvvb.be
Phone
+32476926170
E-invoicing
Reachable via Peppol
Peppol ID
0208:0780952839
Also
9925:BE0780952839
Registered
16-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.