LVVo
ActiveSummary
LVVo has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30,982 and a net result of -€82. Equity is growing by ~21.3% per year across the filed fiscal years. Its solvency ranks better than 40% of 9574 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability56▼-6
Solvency69▲+14
Growth46▼-27
Track record94
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.47 against 1.24 in 2024; short-term debt: 56.3% and cash: 41.9% of total assets), and 56.3% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43.7%
Return on assets
-0.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
31 d late
2024
19 d late
2023
28 d late
2022
28 d late
← 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 27 days after 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. Usually files around 29 August (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€274,966▼ 15.9%
2024 · €326,785
EBIT margin
0.5%▼ 2.3pp
2024 · 2.8%
Net result
-€82
2024 · €5,473
Working capital
€18,959▲ 10.1%
2024 · €17,219
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Turnover€274,600-€323,970▲ 18.0%€326,785▲ 0.9%€274,966▼ 15.9%
Operating result€4,840-€19,333▲ 299%€9,080▼ 53.0%€1,410▼ 84.5%
Net result€3,254within the sector's middle half-€14,337within the sector's middle half▲ 341%€5,473within the sector's middle half▼ 61.8%-€82below the sector's middle half
EBIT margin1.8%-6.0%▲ 4.2pp2.8%▼ 3.2pp0.5%▼ 2.3pp
Equity€11,254below the sector's middle half-€25,591within the sector's middle half▲ 127%€31,064within the sector's middle half▲ 21.4%€30,982within the sector's middle half▼ 0.3%
Total assets€45,057below the sector's middle half-€84,480within the sector's middle half▲ 87.5%€102,043within the sector's middle half▲ 20.8%€70,945within the sector's middle half▼ 30.5%
Debt€33,803-€58,889▲ 74.2%€70,979▲ 20.5%€39,963▼ 43.7%
Working capital€8,529within the sector's middle half-€16,765within the sector's middle half▲ 96.6%€17,219within the sector's middle half▲ 2.7%€18,959within the sector's middle half▲ 10.1%
Solvency25.0%below the sector's middle half-30.3%within the sector's middle half▲ 5.3pp30.4%within the sector's middle half▲ 0.1pp43.7%within the sector's middle half▲ 13.2pp
Current ratio1.25within the sector's middle half-1.28within the sector's middle half▲ 0.031.24within the sector's middle half▼ 0.041.47within the sector's middle half▲ 0.23
Return on assets (ROA)7.2%within the sector's middle half-17.0%within the sector's middle half▲ 9.7pp5.4%within the sector's middle half▼ 11.6pp-0.1%below the sector's middle half▼ 5.5pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 84% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €70,945
Fixed assets
€12,023 ▼ 13.2%
Current assets
€58,922 ▼ 33.2%
Equity and liabilities €70,945
Equity
€30,982 ▼ 0.3%
Debt
€39,963 ▼ 43.7%
Debt's share of the balance-sheet total falls from 69.6% to 56.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6,722▼
2024 · €13,449
Cash flow
€5,230▼
2024 · €9,842
Debt to equity
1.29▼
2024 · 2.28
ROE
-0.3%▼
2024 · 17.6%
Interest coverage
71.51▲
2024 · 32.80
Debt ≤ 1 year
€39,963▼
2024 · €70,979
Income taxes
€1,406▼
2024 · €3,206
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,146 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 92% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a small loss
2.2%
went bankrupt
5.9%
stopped otherwise
92%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% 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%.
| 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 2,146 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 | €274,600 | €323,970 | €326,785 | €274,966 | ▼ 15.9% |
| Goods, raw materials, services and sundry goods60/61 | €268,830 | €305,670 | €315,721 | €270,773 | ▼ 14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,583 | €1,287 | €4,369 | €5,312 | ▲ 21.6% |
| Other operating charges640/8 | - | - | €70 | €70 | = |
| Gross operating margin9900 | €7,423 | €20,620 | €13,519 | €6,792 | ▼ 49.8% |
| Operating profit (loss)9901 | €4,840 | €19,333 | €9,080 | €1,410 | ▼ 84.5% |
| Financial income75/76B | - | €402 | €9 | €8 | ▼ 11.1% |
| Recurring financial income75 | - | €2 | €9 | €8 | ▼ 11.1% |
| Non-recurring financial income76B | - | €400 | - | - | - |
| Financial charges65/66B | €242 | €67 | €410 | €94 | ▼ 77.1% |
| Recurring financial charges65 | €242 | €67 | €410 | €94 | ▼ 77.1% |
| Profit (loss) for the period before taxes9903 | €4,598 | €19,668 | €8,679 | €1,324 | ▼ 84.7% |
| Income taxes67/77 | €1,344 | €5,331 | €3,206 | €1,406 | ▼ 56.1% |
| Profit (loss) for the period9904 | €3,254 | €14,337 | €5,473 | -€82 | ▼ 101% |
| Profit (loss) for the period to be appropriated9905 | €3,254 | €14,337 | €5,473 | -€82 | ▼ 101% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €45,057 | €84,480 | €102,043 | €70,945 | ▼ 30.5% |
| Fixed assets21/28 | €2,725 | €8,826 | €13,845 | €12,023 | ▼ 13.2% |
| Intangible fixed assets21 | - | €3,929 | €9,567 | €6,492 | ▼ 32.1% |
| Tangible fixed assets22/27 | €2,475 | €4,647 | €4,028 | €5,281 | ▲ 31.1% |
| Furniture and vehicles24 | €2,475 | €4,647 | €4,028 | €5,281 | ▲ 31.1% |
| Financial fixed assets28 | €250 | €250 | €250 | €250 | = |
| Current assets29/58 | €42,332 | €75,654 | €88,198 | €58,922 | ▼ 33.2% |
| Amounts receivable within one year40/41 | €30,334 | €60,713 | €45,363 | €29,187 | ▼ 35.7% |
| Trade receivables40 | €30,334 | €60,713 | €45,363 | €27,994 | ▼ 38.3% |
| Other amounts receivable41 | - | - | - | €1,193 | - |
| Cash at bank and in hand54/58 | €11,998 | €14,941 | €42,835 | €29,735 | ▼ 30.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €45,057 | €84,480 | €102,043 | €70,945 | ▼ 30.5% |
| Equity10/15 | €11,254 | €25,591 | €31,064 | €30,982 | ▼ 0.3% |
| Contributions10/11 | €8,000 | €8,000 | €8,000 | €8,000 | = |
| Profit (loss) carried forward14 | €3,254 | €17,591 | €23,064 | €22,982 | ▼ 0.4% |
| Amounts payable17/49 | €33,803 | €58,889 | €70,979 | €39,963 | ▼ 43.7% |
| Amounts payable within one year42/48 | €33,803 | €58,889 | €70,979 | €39,963 | ▼ 43.7% |
| Trade debts44 | €12,504 | €17,151 | €19,495 | €24,140 | ▲ 23.8% |
| Suppliers440/4 | €12,504 | €17,151 | €19,495 | €24,140 | ▲ 23.8% |
| Taxes, remuneration and social security45 | €12,183 | €26,391 | €29,035 | €8,582 | ▼ 70.4% |
| Taxes450/3 | €12,183 | €26,391 | €29,035 | €8,582 | ▼ 70.4% |
| Other amounts payable47/48 | €9,116 | €15,347 | €22,449 | €7,241 | ▼ 67.7% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,254 | €14,337 | €5,473 | -€82 | ▼ 101% |
| + Depreciation and write-downs630 | €2,583 | €1,287 | €4,369 | €5,312 | ▲ 21.6% |
| Operating cash flow (approximation) | €5,837 | €15,624 | €9,842 | €5,230 | ▼ 46.9% |
| Investment in fixed assets (approximation) | - | -€7,388 | -€9,388 | -€3,490 | ▲ 62.8% |
| Change in cash | - | €2,943 | €27,894 | -€13,100 | ▼ 147% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet -€82
Net result drops to -€82, the lowest in the series.
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Highest result since 2022net €14,337 ▲341%
Operating result €19,333, net result €14,337, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2022
Ground area
703 m²
Building footprint
95 m²
Volume, LiDAR
869 m³
Parcel 25083F0054/00G009, Wallonia · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LVVo
since 20222.332.049.947
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25083F0054/00G009 | Wallonia | 703 m² | 1 · 95 m² | 10.7 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.
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Of 18,254 companies in sector 71111 we hold annual accounts for 6,323. 4,947 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCooperative company
Founded13-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
Contact
E-mail
catherine.massart@lavertevoie.be
Phone
+32473564141
E-invoicing
Reachable via Peppol
Peppol ID
0208:0780411421
Registered
18-12-2025
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.