LVW Developments
InactiveInactive since 15-07-2026; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
on the day
2022
on the day
2021
2 d early
2020
16 d early
2019
54 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 2 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date How is the Development of residential building projects sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
Equity
€101,885▲ 76.6%
2023 · €57,696
Total assets
€625,731▼ 52.9%
2023 · €1.3m
Net result
€44,189▼ 23.3%
2023 · €57,596
Working capital
€39,654
2023 · -€140,243
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
Line20202021202220232024
Operating result€26,740▲ 139%€91,321▲ 242%€32,138▼ 64.8%€40,569▲ 26.2%€72,251▲ 78.1%
Net result€16,576▲ 121%€63,586▲ 284%€2,221▼ 96.5%€57,596▲ 2,494%€44,189▼ 23.3%
Equity€72,455▲ 27.8%€135,240▲ 86.7%€136,661▲ 1.1%€57,696▼ 57.8%€101,885▲ 76.6%
Total assets€691,669▲ 97.9%€2.0m▲ 195%€1.9m▼ 9.3%€1.3m▼ 28.2%€625,731▼ 52.9%
Debt€619,214▲ 112%€1.9m▲ 208%€1.7m▼ 10.1%€1.3m▼ 25.9%€523,847▼ 58.8%
Working capital€162,027▲ 5.1%€268,005▲ 65.4%€202,100▼ 24.6%-€140,243€39,654
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 78% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €625,731
Fixed assets
€381,338 ▼ 45.6%
Current assets
€244,393 ▼ 61.1%
Equity and liabilities €625,731
Equity
€101,885 ▲ 76.6%
Debt
€523,847 ▼ 58.8%
Debt's share of the balance-sheet total falls from 95.7% to 83.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€82,479▲
2023 · €58,770
Cash flow
€54,416▼
2023 · €75,796
Current ratio
1.19▲
2023 · 0.82
Quick ratio
0.42▼
2023 · 0.66
Debt to equity
5.14▼
2023 · 22.03
ROE
43.4%▼
2023 · 99.8%
ROA
7.1%▲
2023 · 4.3%
Interest coverage
6.49▲
2023 · 1.00
Debt ≤ 1 year
€204,739▼
2023 · €767,899
Debt > 1 year
€315,941▼
2023 · €487,970
Income taxes
€16,571▼
2023 · €27,595
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €16,845 | €86,486 | €107,071 | ▲ 23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,105 | €36,942 | €19,026 | €18,201 | €10,227 | ▼ 43.8% |
| Other operating charges640/8 | - | €654 | €24,506 | €20,148 | €12,690 | ▼ 37.0% |
| Non-recurring operating charges66A | - | - | - | - | €11,795 | - |
| Gross operating margin9900 | €44,893 | €128,917 | €75,671 | €78,918 | €106,964 | ▲ 35.5% |
| Operating profit (loss)9901 | €26,740 | €91,321 | €32,138 | €40,569 | €72,251 | ▲ 78.1% |
| Financial income75/76B | - | €73 | €98 | €103,500 | €1,209 | ▼ 98.8% |
| Recurring financial income75 | €76 | €73 | €98 | €103,500 | €1,209 | ▼ 98.8% |
| Non-recurring financial income76B | - | - | - | €103,500 | - | - |
| Financial charges65/66B | - | €11,752 | €28,410 | €58,879 | €12,700 | ▼ 78.4% |
| Recurring financial charges65 | €4,844 | €11,752 | €28,410 | €58,879 | €12,700 | ▼ 78.4% |
| Profit (loss) for the period before taxes9903 | €20,203 | €79,642 | €3,825 | €85,190 | €60,760 | ▼ 28.7% |
| Income taxes67/77 | €3,627 | €16,057 | €1,604 | €27,595 | €16,571 | ▼ 39.9% |
| Profit (loss) for the period9904 | €16,576 | €63,586 | €2,221 | €57,596 | €44,189 | ▼ 23.3% |
| Profit (loss) for the period to be appropriated9905 | €16,576 | €63,586 | €2,221 | €57,596 | €44,189 | ▼ 23.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €691,669 | €2.0m | €1.9m | €1.3m | €625,731 | ▼ 52.9% |
| Fixed assets21/28 | €22,728 | €708,638 | €841,855 | €701,290 | €381,338 | ▼ 45.6% |
| Tangible fixed assets22/27 | €22,728 | €708,638 | €841,855 | €701,290 | €381,338 | ▼ 45.6% |
| Land and buildings22 | - | €692,339 | €840,499 | €700,173 | €380,461 | ▼ 45.7% |
| Plant, machinery and equipment23 | - | €2,397 | €1,356 | €1,117 | €877 | ▼ 21.5% |
| Furniture and vehicles24 | - | €13,902 | - | - | - | - |
| Current assets29/58 | €668,941 | €1.3m | €1.0m | €627,655 | €244,393 | ▼ 61.1% |
| Stocks and contracts in progress3 | €423,378 | €691,294 | €573,568 | €120,542 | €157,381 | ▲ 30.6% |
| Stocks30/36 | - | €691,294 | €573,568 | €120,542 | €157,381 | ▲ 30.6% |
| Amounts receivable within one year40/41 | €223,993 | €621,307 | €364,521 | €497,342 | €73,492 | ▼ 85.2% |
| Trade receivables40 | - | €621,291 | €339,000 | €222,471 | €7,992 | ▼ 96.4% |
| Other amounts receivable41 | - | €16 | €25,521 | €274,872 | €65,500 | ▼ 76.2% |
| Cash at bank and in hand54/58 | €21,571 | €19,236 | €69,355 | €8,816 | €13,161 | ▲ 49.3% |
| Deferred charges and accrued income490/1 | - | €1,951 | €2,676 | €954 | €360 | ▼ 62.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €691,669 | €2.0m | €1.9m | €1.3m | €625,731 | ▼ 52.9% |
| Equity10/15 | €72,455 | €135,240 | €136,661 | €57,696 | €101,885 | ▲ 76.6% |
| Contributions10/11 | - | €50,000 | €50,000 | €100 | €100 | = |
| Reserves13 | - | - | - | €57,596 | €101,785 | ▲ 76.7% |
| Distributable reserves133 | - | - | - | €57,596 | €101,785 | ▲ 76.7% |
| Profit (loss) carried forward14 | €22,455 | €85,240 | €86,661 | - | - | - |
| Amounts payable17/49 | €619,214 | €1.9m | €1.7m | €1.3m | €523,847 | ▼ 58.8% |
| Amounts payable after more than one year17 | €112,300 | €841,402 | €905,981 | €487,970 | €315,941 | ▼ 35.3% |
| Financial debts170/4 | - | €841,402 | €905,981 | €485,330 | €315,941 | ▼ 34.9% |
| Other amounts payable178/9 | - | - | - | €2,640 | - | - |
| Amounts payable within one year42/48 | €506,914 | €1.1m | €808,019 | €767,899 | €204,739 | ▼ 73.3% |
| Current portion of amounts payable after more than one year42 | - | €43,469 | €370,992 | €404,024 | €25,196 | ▼ 93.8% |
| Financial debts43 | - | €750,500 | €325,000 | - | €125,000 | - |
| Credit institutions430/8 | - | €750,500 | €325,000 | - | €125,000 | - |
| Trade debts44 | - | €74,715 | €27,246 | €23,621 | €5,195 | ▼ 78.0% |
| Suppliers440/4 | - | €74,715 | €27,246 | €23,621 | €5,195 | ▼ 78.0% |
| Taxes, remuneration and social security45 | - | €22,932 | €29,627 | €17,608 | €21,617 | ▲ 22.8% |
| Taxes450/3 | - | €22,932 | €29,627 | €17,608 | €21,617 | ▲ 22.8% |
| Other amounts payable47/48 | - | €174,167 | €55,155 | €322,646 | €27,731 | ▼ 91.4% |
| Accrued charges and deferred income492/3 | - | - | €1,313 | €15,381 | €3,167 | ▼ 79.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,576 | €63,586 | €2,221 | €57,596 | €44,189 | ▼ 23.3% |
| + Depreciation and write-downs630 | €7,105 | €36,942 | €19,026 | €18,201 | €10,227 | ▼ 43.8% |
| Operating cash flow (approximation) | €23,681 | €100,527 | €21,247 | €75,796 | €54,416 | ▼ 28.2% |
| Investment in fixed assets (approximation) | - | -€722,852 | -€152,243 | €122,365 | €309,724 | ▲ 153% |
| Change in cash | - | -€2,335 | €50,119 | -€60,538 | €4,345 | ▲ 107% |
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
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €100,000Eq €101,885 ▲76.6%
6 profitable years in a row build equity to €101,885.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €2,221 ▼96.5%
Net result drops to €2,221, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2019net €63,586 ▲284%
Operating result €91,321, net result €63,586, both a record.
31-12
Financial
Equity above €100,000Eq €135,240 ▲86.7%
3 profitable years in a row build equity to €135,240.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 54 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are 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, Schilde
Ground area
4,481 m²
Building footprint
237 m²
Volume, LiDAR
1,292 m³
Parcel 11039A0436/00W008, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11039A0436/00W008 | Flanders | 4,481 m² | 1 · 237 m² | 9.0 m · 2 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 9,699 companies in sector 68121 we hold annual accounts for 7,385. 5,311 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
Founded30-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0701908529
Registered
17-07-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.