LW CONSTRUCT

Active Private limited companyfounded 2007active for 18 yearsBargiestraat 13, 8904 YpresKBO/BCE: BE 0894.028.511

LW CONSTRUCT

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Overview

Lifetime

18 annual accounts with figures on one time axis

Compare with

peak €830,787 (2023)

€301,430▼ 56.3%

lowest -€160,640 (2025)

-€160,640▼ €354,302

peak €644,994 (2024)

€484,354▼ 24.9%

€597,099▼ 18.8%

peak 8.8 FTE (2018)

6.9 FTE▲ 1.5%

Board2 names since 2021

2 directors and 1 other

Documentsfilings and deeds

30-06-202631 days before the deadline

2025abbreviated format

Gross margin from €689,915 to €301,430Loss of €160,640Equity from €644,994 to €484,354Debts from €735,185 to €597,099Cash from €363,241 to €132,549

Key points

from the 2025 annual accounts

Result

-€160,640 -€160,640

From profit to loss in 2025, after a profit of €193,662 in 2024.

Filings

18 annual accounts since 2008

Three of the last ten came late. The 2019 accounts came latest: 66 days after the end of the period.

Position in the sector

-€160,640

Lower net result than 93% of companies in fabricated metal products. Sector median €55,272 · 1,459 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,805 companies had the same profile as LW CONSTRUCT has now. Each dot stands for 13 companies, two years later.

88.1%

were still trading

9.8%

stopped another way

2.0%

went bankrupt

Micro
10 to 20 years old
solvency 30% or more
a loss of 10% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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	2.9%	3.1%
10	5.6%	6.1%

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 4,805 companies, not a prediction for LW CONSTRUCT. 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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director

Board & ownership

Recent changes

07-09-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0894028511

06-07-2023

Changes of role: (director) and (director) “Metaalconstructie en metaalbewerking; Laswerk,montage- en demontagewerk,buis- en andere soortgelijke…” (deed in Dutch) · General meeting of 20-06-2023 · Gazette deed

18-12-2007

First establishment Bargiestraat 13, Ypres

07-12-2007

Incorporation published on 17-12-2007 · Gazette deed

All 30 events

Comparable companies

same main activity, similar in size and age

Company
LW CONSTRUCT Ypres	€1.1m	€301,430	44.8%	6.9
XALU Kuurne	€1.0m	€305,395	-88.3%	9.1
MAGI CONSTRUCT Torhout	€0.7m	€352,786	31.7%	5.9
ALITEC Comines-Warneton	€1.2m	€334,954	21.8%	7
STR Schweisstechnik ROTHEUDT Eupen	€0.8m	€397,901	56.0%	6.2
CLAESSENS INDUSTRIE SERVICES Kapellen	€1.0m	€402,400	8.0%	5
TORQUE & REPAIR SERVICES Beveren-Kruibeke-Zwijndrecht	€1.1m	€385,951	8.4%	4.5

These companies have the same main activity as LW CONSTRUCT: machining of metals (NACE 25530). They are comparable in size and age: total assets between €657,000 and €1.2m, founded between 2002 and 2012.

Official details

Source: KBO

Status: Active since 07-12-2007Normal situation
Activity: Machining of metalsNACE 25530and 1 other
Joint committees: 200Auxiliary committee for white-collar workers
: 124Construction · annual accounts 2025
Establishment unit: 2.167.321.5778904 Ypres, since 18-12-2007
Financial year end: 31 December
Peppol: Reachable since 07-09-2026

Company details

Annual accounts 2025

: €301,430▼ 56.3%
: ≈ €710,000estimated
: €160,640
: €484,354▼ 24.9%
: €1.1m▼ 21.6%
Employeeson 31-12-2025: 7=
Filing: Filed on 30-06-2026, 31 days before the end of the filing period

Financials

Insights on LW CONSTRUCT

LW CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin rose from €58,197 in 2008 to €301,430 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 30-06-2026, 31 days before the deadline

€301,430

▼ 56.3%

-€162,246

▼ €468,087

-€160,640

▼ €354,302

€388,460

▼ 31.1%

44.8%

▼ 1.9 percentage points

1.90

▼ 0.18

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €710,000. Estimated: probably between €430,000 and €1.2m.

Balance sheet

balance sheet total €1.1m on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

44.8%

Higher than 49% of 1,459 companies in 2025.

1.90

Higher than 53% of 1,444 companies in 2025.

-14.9%

Higher than 7% of 1,458 companies in 2025.

LW CONSTRUCT Middle half of the sector 80% of the sector Abbreviated accounts in fabricated metal products (NACE 25)

Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half

Staff

€58,764

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2025, 1 person joined and 1 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Balance sheet: assets
`20/58`	1.1m	1.4m	1.2m	1.2m	1.1m	1.0m	1.2m	979,959	1.3m	813,537	719,078	788,207	542,387	505,643	506,114	409,278	418,207	254,621
`20`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
`21/28`	262,580	292,725	322,272	320,076	298,889	311,967	351,060	403,592	413,668	402,348	407,725	351,893	229,555	249,058	270,996	274,612	307,978	166,219
`21`	-	-	-	0	85	170	489	808	1,109	2,275	2,271	3,203	2,100	-	-	-	-	0
`22/27`	262,580	292,725	322,272	320,076	298,804	311,797	350,571	400,884	409,956	397,870	403,575	347,312	226,245	248,948	270,886	274,502	307,978	166,219
`22`	150,724	164,605	171,282	184,873	202,099	219,778	237,476	255,329	261,223	285,916	302,474	258,607	162,255	176,364	191,700	207,350	225,380	142,007
`23`	36,544	27,276	31,510	31,031	11,679	10,051	6,615	7,911	10,647	13,691	13,158	9,358	4,896	2,381	1,787	4,791	7,933	12,303
`24`	38,261	59,758	73,154	52,542	27,497	18,536	37,144	63,927	71,164	32,267	12,214	17,929	12,565	19,628	24,101	4,429	11,694	11,909
`26`	37,051	41,086	46,326	51,629	57,530	63,431	69,336	73,717	66,921	65,995	70,195	55,403	39,990	43,468	45,574	49,537	53,844	0
`27`	-	-	-	-	-	-	-	-	-	-	5,534	6,015	6,538	7,107	7,725	8,396	9,126	0
`28`	-	-	-	-	-	-	0	1,900	2,603	2,203	1,879	1,379	1,210	110	110	110	-	0
`29/58`	818,872	1.1m	893,457	865,120	803,467	733,986	815,844	576,367	848,562	411,189	311,353	436,314	312,832	256,585	235,118	134,665	110,229	88,403
`29`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
`290`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
`291`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
`3`	64,914	19,689	26,310	15,323	10,266	35,022	39,642	35,881	9,670	49,916	15,321	16,620	29,500	-	-	-	2,957	11,174
`30/36`	64,914	19,689	26,310	15,323	10,266	35,022	39,642	35,881	9,670	15,740	15,321	16,620	29,500	-	-	-	2,957	11,174
`37`	-	-	-	-	-	-	-	-	-	34,176	-	-	-	-	-	-	-	0
`40/41`	607,026	689,053	720,238	685,007	729,949	654,681	667,017	499,154	627,101	308,714	258,173	312,693	270,358	240,747	234,823	129,446	102,947	77,052
`40`	477,965	588,633	603,365	502,922	540,068	383,225	408,465	269,620	381,654	154,315	143,262	260,829	119,609	95,408	126,077	48,382	37,000	22,470
`41`	129,061	100,420	116,873	182,085	189,880	271,456	258,552	229,533	245,447	154,399	114,911	51,864	150,748	145,340	108,746	81,064	65,946	54,583
`50/53`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
`54/58`	132,549	363,241	142,015	161,988	61,207	42,024	106,956	26,398	208,730	45,772	35,177	106,320	12,975	15,837	295	5,219	4,326	176
`490/1`	14,384	15,470	4,894	2,802	2,045	2,259	2,229	14,935	3,061	6,787	2,682	681	-	-	-	-	-	0
Balance sheet: equity and liabilities
`10/49`	1.1m	1.4m	1.2m	1.2m	1.1m	1.0m	1.2m	979,959	1.3m	813,537	719,078	788,207	542,387	505,643	506,114	409,278	418,207	254,621
`10/15`	484,354	644,994	556,972	337,464	349,767	258,054	256,990	151,350	179,833	66,047	32,521	38,948	38,257	22,898	18,496	9,861	-8,826	18,099
`10/11`	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
`101`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
`11`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
`1100/10`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
`12`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
`13`	626,394	626,394	538,372	318,864	331,167	267,936	266,873	161,233	161,233	47,447	19,795	1,023	988	220	-	-	-	0
`130/1`	-	-	0	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	0
`130`	-	-	-	-	-	-	1,860	1,860	1,860	1,860	1,023	1,023	988	220	-	-	-	0
`1311`	-	-	0	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-
`1312`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
`1319`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
`132`	-	-	-	-	0	18,750	18,750	18,750	18,750	-	-	-	-	-	-	-	-	0
`133`	626,394	626,394	538,372	317,004	329,307	247,326	246,263	140,623	140,623	45,587	18,773	-	-	-	-	-	-	0
`14`	-160,640	0	0	0	0	-28,482	-28,482	-28,482	-	-	-5,874	19,326	18,669	4,078	-104	-8,739	-27,426	-501
`15`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
`19`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
`16`	-	0	69,795	69,795	69,795	69,795	69,795	69,795	86,795	69,795	69,795	69,795	70,795	70,795	71,295	28,307	-	0
`160/5`	-	0	69,795	69,795	69,795	69,795	69,795	69,795	86,795	69,795	69,795	69,795	70,795	70,795	71,295	28,307	-	0
`160`	-	0	69,795	69,795	69,795	69,795	69,795	69,795	69,795	69,795	-	-	-	-	-	-	-	-
`162`	-	-	-	-	-	-	-	-	15,000	-	-	-	-	-	-	-	-	-
`164/5`	-	-	-	-	-	-	-	-	2,000	-	-	-	-	-	-	-	-	-
`168`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
`17/49`	597,099	735,185	588,962	777,937	682,795	718,104	840,118	758,814	995,603	677,695	616,762	679,464	433,335	411,950	416,323	371,110	427,033	236,523
`17`	166,533	209,798	259,921	274,839	274,327	293,456	350,000	405,775	435,044	432,372	436,233	356,501	270,728	286,162	297,952	288,951	300,031	172,089
`170/4`	166,533	209,798	259,921	274,839	274,327	293,456	350,000	405,775	435,044	432,372	436,233	356,501	270,728	286,162	297,952	288,951	300,031	172,089
`175`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
`176`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
`178/9`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
`42/48`	430,412	523,300	327,725	502,752	407,909	424,237	483,635	353,038	557,212	241,494	180,524	322,964	162,607	125,788	118,371	80,158	126,002	64,433
`42`	43,265	50,165	48,503	46,889	40,431	46,296	55,890	73,676	57,985	57,187	33,618	23,025	14,383	11,790	14,273	11,080	14,521	7,729
`43`	0	41,801	25,000	45,000	70,000	70,000	112,000	-	-	-	7,155	30,000	45,823	17,796	10,438	9,458	18,346	22,817
`430/8`	0	41,801	25,000	45,000	70,000	70,000	112,000	-	-	-	7,155	30,000	45,823	17,796	10,438	9,458	18,346	22,817
`439`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
`44`	216,726	174,438	126,599	252,281	155,052	273,059	292,459	183,797	399,717	158,784	114,689	241,685	70,760	81,541	87,983	45,797	90,292	32,322
`440/4`	216,726	174,438	126,599	252,281	155,052	273,059	292,459	183,797	399,717	158,784	114,689	241,685	70,760	81,541	87,983	45,797	90,292	32,322
`441`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
`46`	1,534	-	-	0	56,415	-	-	-	-	-	-	-	-	-	-	-	-	0
`45`	51,718	130,100	99,390	61,946	57,597	14,510	21,663	95,565	99,510	25,523	25,062	28,253	31,641	14,661	5,677	7,823	2,843	1,566
`450/3`	39,166	118,029	86,379	39,094	34,716	4,059	332	73,668	77,688	5,779	8,721	10,189	15,509	9,145	3,081	5,810	2,843	1,566
`454/9`	12,552	12,071	13,011	22,852	22,882	10,451	21,331	21,897	21,822	19,744	16,340	18,064	16,132	5,515	2,596	2,013	-	0
`47/48`	117,170	126,797	28,233	96,636	28,414	20,373	1,624	-	-	-	-	-	-	-	-	6,000	-	0
`492/3`	154	2,088	1,316	347	558	410	6,483	1	3,347	3,829	5	-	-	-	-	2,000	1,000	0
Income statement
`76A`	22,769	413	1,240	9,112	0	16,236	17,329	258	200	-	400	-	6,691	-	-	-	-	0
`9900`	301,430	689,915	830,787	593,370	603,714	481,752	609,402	451,154	708,181	514,806	349,438	260,031	155,690	158,805	157,710	132,265	31,162	58,197
`62`	405,470	394,265	420,167	401,398	362,302	374,282	364,667	397,422	388,414	361,128	262,199	151,638	84,221	84,701	37,603	12,252	-	0
`630`	50,635	49,833	44,050	41,902	45,931	42,380	55,649	63,074	71,290	61,442	49,597	51,980	29,915	30,735	32,957	29,070	33,457	36,540
`631/4`	-	-	-	-	-	-	-	-	-	-	-	-	-2,066	2,066	-	-	-	0
`635/8`	0	-69,795	-	-	-	-	0	-17,000	17,000	-	-	-1,000	-	-500	42,988	28,307	-	0
`640/8`	7,572	9,771	7,294	6,848	6,360	7,008	8,518	8,482	7,858	8,097	9,624	17,169	8,657	12,225	602	1,102	393	1,005
`649`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
`66A`	-	0	151	0	1,999	-	-	-	1,854	-	1,207	-	-	-	-	1,672	843	5,575
`9901`	-162,246	305,841	359,125	143,222	187,123	58,082	180,568	-824	221,765	84,139	28,018	40,244	34,963	29,578	43,560	61,533	-2,688	20,653
`75/76B`	27,974	6,368	439	121	17,069	6,403	475	16	676	170	245	141	8	66	69	67	356	769
`75`	27,974	6,368	439	121	17,069	6,403	475	16	476	170	245	141	8	66	69	67	356	769
`76B`	-	-	-	-	-	-	-	-	200	-	-	-	-	-	-	-	-	-
`65/66B`	26,235	29,234	34,285	26,759	27,221	30,177	25,367	25,488	37,480	29,988	31,018	36,883	18,882	22,208	33,440	34,682	23,191	16,313
`65`	26,235	29,234	34,285	26,759	27,221	30,177	25,367	25,488	37,480	29,988	31,018	36,883	18,882	22,208	33,440	34,682	23,191	16,313
`9903`	-160,508	282,975	325,279	116,584	176,971	34,308	155,676	-26,296	184,961	54,321	-3,562	3,503	22,781	7,436	10,189	25,247	-26,366	-466
`67/77`	132	89,313	103,912	32,250	56,844	12,872	48,412	2,187	71,175	20,795	2,865	2,812	7,422	3,034	1,554	559	560	35
`9904`	-160,640	193,662	221,367	84,333	120,127	21,436	107,264	-28,482	113,786	33,526	-6,427	691	15,359	4,402	8,635	24,687	-26,925	-501
`789`	-	-	-	0	18,750	-	-	-	-	-	-	-	-	-	-	-	-	0
`689`	-	-	-	-	-	-	-	-	18,750	-	-	-	-	-	-	-	-	0
`9905`	-160,640	193,662	221,367	84,333	138,877	21,436	107,264	-28,482	95,036	33,526	-6,427	691	15,359	4,402	8,635	24,687	-26,925	-501
Appropriation of the result
`9906`	-160,640	193,662	221,367	84,333	110,395	-7,046	78,782	-28,482	95,036	27,652	12,899	19,360	19,437	4,298	-104	-2,739	-27,426	-501
`14P`	-	-	-	0	-28,482	-	-	-	-	-	-	-	-	-	-	-	-	-
`791/2`	0	105,640	1,860	95,036	26,814	18,773	-	-	-	-	-	-	-	-	-	-	-	0
`691/2`	0	193,662	221,367	82,733	108,795	19,836	105,640	-	95,036	27,652	18,773	35	768	220	-	-	-	0
`691`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
`6920`	-	-	-	-	-	-	-	-	-	837	-	35	768	220	-	-	-	0
`6921`	0	193,662	221,367	82,733	108,795	19,836	105,640	-	95,036	26,814	18,773	-	-	-	-	-	-	0
`694/7`	0	105,640	1,860	96,636	28,414	20,373	1,624	-	-	-	-	-	-	-	-	6,000	-	0
`694`	0	105,640	1,860	96,636	28,414	20,373	1,624	-	-	-	-	-	-	-	-	-	-	0
`695`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,000	-	0
Social balance sheet
`9087`	6.9	6.8	6.9	7	7.2	7.2	7.6	8.8	8.5	6.8	4.9	2.9	2.2	2.3	1.7	0.4	-	-
Hours worked`1013`	8,055	8,235	9,309	9,706	9,456	10,065	9,627	11,136	11,041	10,808	8,368	5,020	3,576	3,856	1,949	664	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 21 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	30-06-2026	2026-00237074	PDF
31-12-2024	abbreviated format	04-07-2025	2025-00237947	PDF
31-12-2023	abbreviated format	16-07-2024	2024-00254259	PDF
31-12-2022	abbreviated format	12-07-2023	2023-00229467	PDF
31-12-2021	abbreviated format	20-07-2022	2022-20207402	PDF
31-12-2020	abbreviated format	23-07-2021	2021-39500323	PDF
31-12-2019	abbreviated format	05-10-2020	2020-59300540	PDF
31-12-2018	abbreviated format	11-09-2019	2019-64300358	PDF
31-12-2017	abbreviated format	12-09-2018	2018-62800097	PDF
31-12-2016	abbreviated format	26-06-2017	2017-24800120	PDF
31-12-2015	abbreviated format	31-08-2016	2016-58600142	PDF
31-12-2014	abbreviated format	25-08-2015	2015-47100498	PDF
31-12-2013	abbreviated format	31-10-2014	2014-66300111	PDF
31-12-2012	abbreviated format	26-10-2013	2013-64100582	PDF
31-12-2011	abbreviated format	11-01-2013	2013-00900131	PDF
31-12-2010	abbreviated format	11-10-2011	2011-58000003	PDF
31-12-2009	abbreviated format	16-07-2010	2010-31400525	PDF
31-12-2008	abbreviated format	10-12-2009	2009-88300211	PDF

Subsidies and aid

Flemish government 2022 to 2025, 5 entries, €5,515 awarded, €5,515 paid

Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller

€3,480

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

€2,035

Year	Entries	Awarded	Paid
2025	1	€1,300	€1,300
2024	1	€0	€645
2023	1	€645	€0
2022	2	€3,570	€3,570

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
-111,611	355,674	403,175	185,124	233,054	100,462	236,217	62,250	293,055	145,581	77,615	92,225	64,879	60,313	76,517	90,603	30,769	57,193
-110,005	243,495	265,417	126,236	166,058	63,816	162,913	34,592	185,075	94,968	43,170	52,672	45,275	35,136	41,593	53,758	6,532	36,039
21,474	20,286	46,810	63,089	62,852	8,125	14,488	53,857	91,022	56,065	110,636	174,319	10,412	8,796	29,341	2,377	176,059	219,334
-230,692	221,227	-19,974	100,781	19,183	-64,932	80,558	-182,332	162,958	10,595	-71,143	93,345	-2,863	15,542	-4,924	893	4,150	-
388,460	564,154	565,733	362,369	395,558	309,749	332,208	223,329	291,350	169,695	130,829	113,351	150,226	130,797	116,747	54,507	-15,773	23,969
44.8%	46.7%	45.8%	28.5%	31.7%	24.7%	22.0%	15.4%	14.2%	8.1%	4.5%	4.9%	7.1%	4.5%	3.7%	2.4%	-2.1%	7.1%
1.90	2.08	2.73	1.72	1.97	1.73	1.69	1.63	1.52	1.70	1.72	1.35	1.92	2.04	1.99	1.68	0.87	1.37
1.75	2.04	2.65	1.69	1.94	1.65	1.60	1.53	1.51	1.50	1.64	1.30	1.74	2.04	1.99	1.68	0.85	1.20
1.23	1.14	1.06	2.31	1.95	2.78	3.27	5.01	5.54	10.26	18.96	17.45	11.33	17.99	22.51	37.63	-	13.07
-33.2%	30.0%	39.7%	25.0%	34.3%	8.3%	41.7%	-18.8%	63.3%	50.8%	-19.8%	1.8%	40.1%	19.2%	46.7%	250.4%	-	-2.8%
-14.9%	14.0%	18.2%	7.1%	10.9%	2.0%	9.2%	-2.9%	9.0%	4.1%	-0.9%	0.1%	2.8%	0.9%	1.7%	6.0%	-6.4%	-0.2%
-4.25	12.17	11.76	6.92	8.56	-	-	-	-	-	-	-	-	-	-	-	-	-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	7	7	8	7	7
full-time	6	5	6	6	6
part-time	1	2	2	1	1
in full-time equivalents	6.8	6.7	7.7	6.9	6.9
	6.9	6.8	6.9	7	7.2
On a permanent contract	7	7	8	7	7
Joined	1	1	2	2	1
Left	1	2	1	2	1
Training hours	0	-	-	-	-

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€21,474	€20,286	€46,810	€63,089	€62,852
Financial fixed assets	€0	-	-	-	-
	€50,635	€49,833	€44,050	€41,902	€45,931

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on LW CONSTRUCT

The operating result for 2025 is a loss of €162,246, after a profit of €305,841 in 2024. It is the lowest result since 2008.

Debt's share of the balance-sheet total rises from 53.3% to 55.2%. Equity and debt are lower.

Board & ownership

Board

2 directors, last change in 2023

Director (not named in the articles)

appointed by deed of 06-07-2023 term without a fixed end

earlier manager (not named in the articles), until 06-07-2023

listed in the 2025 annual accounts, filed on 30-06-2026

Director (not named in the articles)

appointed by deed of 06-07-2023 term without a fixed end

earlier manager (not named in the articles), until 06-07-2023

listed in the 2025 annual accounts, filed on 30-06-2026

Signing authority: “Artikel 12 - Bestuur Het bestuursorgaan zal overeenkomstig artikel 5:73 WVV, alle handelingen verrichten die nodig of dienstig zijn tot…”
deed of 06-07-2023

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Director (not named in the articles)

BoardEarliermandate already running before its first mention

Mandates as a list

- Director (not named in the articles), since before 31-12-2021
- Manager (not named in the articles), until 06-07-2023
- Director (not named in the articles), since before 31-12-2021
- Manager (not named in the articles), until 06-07-2023

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution: €18,600
Source: deed of 06-07-2023

Articles of association

deed of 06-07-2023 (in Dutch)

Duration: Unlimited
Board rule: “Één of meer bestuurders,al dan niet aandeelhouder, algemene vergadering kan mandaat steeds beëindigen wegens wettige reden,zonder…”
Kind of shares: “Op naam, 1/186ste van vermogen”

Network & group

No group

LW CONSTRUCT has no parent and no holdings in its annual accounts. LW CONSTRUCT shares no director with another company.

The LEI register names no parent.

Timeline

30 events since 2007

Board

Filings

Financial

Establishments

2008201020122014201620182020202220242026

Deadline for the 2026 accounts: 31-07-2027

2026

07-09-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0894028511

30-06-2026

Annual accounts 2025 filed NBBabbreviated format · 31 days before the deadline

2025

31-12-2025

Weakest financial year net -€160,640 The net result drops to -€160,640, the lowest from 2008 to 2025.

04-07-2025

Annual accounts 2024 filed PDFabbreviated format · 27 days before the deadline

2024

16-07-2024

Annual accounts 2023 filed PDFabbreviated format · 15 days before the deadline

2023

31-12-2023

Highest result from 2008 to 2025 net €221,367 ▲162% The operating result of €359,125 and the net result of €221,367 are both a record.

31-12-2023

Equity above €500,000 equity €556,972 ▲65% After 5 profitable years in a row, equity reaches €556,972.

12-07-2023

Annual accounts 2022 filed PDFabbreviated format · 19 days before the deadline

06-07-2023

Changes of role: (director) and (director)“Metaalconstructie en metaalbewerking; Laswerk,montage- en demontagewerk,buis- en andere soortgelijke…” (deed in Dutch) · General meeting of 20-06-20236 points ▸

General meeting, 20-06-2023
Director resignation, (manager (not named in the articles))
Director resignation, (manager (not named in the articles))
Director appointment, (director (not named in the articles))
Director appointment, (director (not named in the articles))
Registered office clause, Bargiestraat 13, 8904 Ieper (Boezinge)
The deed holds 8 more points.

Open the deed in the Belgian Official Gazette

2022

20-07-2022

Annual accounts 2021 filed PDFabbreviated format · 11 days before the deadline

2021

23-07-2021

Annual accounts 2020 filed PDFabbreviated format · 8 days before the deadline

2020

05-10-2020

Annual accounts 2019 filed PDFabbreviated format · 66 days late

2019

31-12-2019

Back to profit net €107,264 The net result is €107,264, after one loss-making year.

31-12-2019

Equity above €200,000 equity €256,990 ▲69.8% Equity rises from €151,350 to €256,990.

11-09-2019

Annual accounts 2018 filed PDFabbreviated format · 42 days late

2018

12-09-2018

Annual accounts 2017 filed PDFabbreviated format · 43 days late

2017

31-12-2017

Equity above €150,000 equity €179,833 ▲172% After 2 profitable years in a row, equity reaches €179,833.

26-06-2017

Annual accounts 2016 filed PDFabbreviated format · 35 days before the deadline

2016

31-12-2016

Back to profit net €33,526 The net result is €33,526, after one loss-making year.

31-08-2016

Annual accounts 2015 filed PDFabbreviated format · 31 days late

2015

25-08-2015

Annual accounts 2014 filed PDFabbreviated format · 25 days late

2014

31-10-2014

Annual accounts 2013 filed PDFabbreviated format · 92 days late

2013

26-10-2013

Annual accounts 2012 filed PDFabbreviated format · 87 days late

11-01-2013

Annual accounts 2011 filed PDFabbreviated format · 164 days late

2011

11-10-2011

Annual accounts 2010 filed PDFabbreviated format · 72 days late

2010

31-12-2010

Back to profit net €24,687 The net result is €24,687, after 2 loss-making years.

16-07-2010

Annual accounts 2009 filed PDFabbreviated format · 15 days before the deadline

2009

10-12-2009

Annual accounts 2008 filed PDFabbreviated format · 132 days late

2007

18-12-2007

First establishment Bargiestraat 13, Ypres

07-12-2007

Incorporation PDFpublished on 17-12-2007

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

On 7 December 2007, LW CONSTRUCT was incorporated.¹ Total assets went from €979,959 in 2018 to €1.1m in 2025 and headcount from 8.8 to 6.9 full-time equivalents.²

Company details

Identity

Enterprise number: 0894.028.511
VAT number: BE 0894.028.511
Peppol ID: 0208:0894028511
Other Peppol ID: 9925:BE0894028511
LEI code: 8755005D4PGK5IIAMI53 live in the LEI register
Legal form: Private limited company
Status: Active, normal situation
Founded: 07-12-2007
Financial year: ends on 31 December
Peppol: Reachable since 07-09-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name: LW CONSTRUCT in Dutch
Entity type: Legal entity
Duration: Unlimited
deed of 06-07-2023 (in Dutch)
Registered office clause: “Vlaams Gewest”
deed of 06-07-2023 (in Dutch)

Activities

NACEBEL 2025

VAT activities

25530 Machining of metals main activity

Social security (RSZ) activities

43222 Installation of electric heating, air conditioning, cooling and ventilation main activity

Joint committees annual accounts 2025

JC 200 Auxiliary committee for white-collar workers

JC 124 Construction

Codes under NACEBEL 2008

VAT activities

25620 Manufacture of fabricated metal products, except machinery and equipment main activity

Social security (RSZ) activities

43222 Specialised construction activities main activity

Purpose: “Metaalconstructie en metaalbewerking; Laswerk,montage- en demontagewerk,buis- en andere soortgelijke constructies,bruggen en…”
7 activities
Metaalconstructie en metaalbewerking
Laswerk,montage- en demontagewerk,buis- en andere soortgelijke constructies,bruggen en vakwerk,plaatsen van gesmeed ijzer
Handel in en productie van installaties,machines en uitrusting zoals stapelcontainers,rolkarren,enzovoort
Onderhoudswerken van installaties,machines en uitrusting
Handel in brandstoffen,ersten,ijzerwaren,metalen en metaalertsen en chemische producten
Handel in en verwerking van recuperatiematerialen
Groothandel HVAC-heating – ventilation-airconditioning
deed of 06-07-2023 (in Dutch)

Registered office and establishments

1 establishment

Establishment	Since	Unit number
Bargiestraat 13 registered office 8904 Ypres	18-12-2007	2.167.321.577

Buildings and parcels at the address

Ground area: 2,423 m²
Buildings: 701 m²
Volume, LiDAR: 4,588 m³
Tallest building: 7.4 m

Buildings to scale, each on its own parcel

registered office establishment The establishment unit on the map

Parcels

Cadastral parcel	Area	Buildings	Height / floors
33003B0813/00W003	2,423 m²	1 · 701 m²	7.4 m · 2

Recognitions

Recognised contractor

1 category

LW CONSTRUCT BVapproval number 37188

D18 Ventilation, warm-air heating and air conditioningclass 4, up to €1,080,000

decision 17-11-2022

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0894.028.511

Overview

Lifetime

Key points

Result

Filings

Position in the sector

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on LW CONSTRUCT

Financials

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency44.8%

Current ratio1.90

Return on assets-14.9%

Staff

Staff cost per FTE€58,764

Joined and leftlevel

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2025, 5 entries, €5,515 awarded, €5,515 paid

Key figures and ratios

Social balance sheet

Investments

Insights on LW CONSTRUCT

Board & ownership

Board

Mandates through the years

Control

Capital

Articles of association

Network & group

No group

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

Recognitions

Recognised contractor

Invoicing and payment

in euro

in euro

44.8%

1.90

-14.9%

€58,764

level