CONSTRUCTIONS LOUWET
ActiveSummary
CONSTRUCTIONS LOUWET has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26.83M and a net result of €2.50M. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 92% of 830 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71=
Solvency100=
Growth65▲+3
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 8.15 against 6.71 in 2024; short-term debt: 11.9% and cash: 12.2% of total assets), and 14.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
85.2%
Return on assets
7.9%
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
24 d early
2023
27 d late
2022
17 d early
2021
24 d early
2020
43 d early
2019
23 d early
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€30.76M▲ 22.5%
2024 · €25.12M
2018: €26.06M
2019: €22.56M
2020: €26.79M
2021: €21.98M
2022: €37.04M
2023: €36.11M
2024: €25.12M
2018 → 2025
EBIT margin
8.4%▼ 0.6pp
2024 · 8.9%
2018: 11.2%
2019: 1.0%
2020: 12.7%
2021: 0.4%
2022: 0.9%
2023: 6.3%
2024: 8.9%
2018 → 2025
Net result
€2.50M▲ 36.1%
2024 · €1.84M
2018: €1.58M
2019: €373k
2020: €2.50M
2021: €89k
2022: €175k
2023: €2.34M
2024: €1.84M
2018 → 2025
Working capital
€26.85M▲ 11.9%
2024 · €24.00M
2018: €18.81M
2019: €18.59M
2020: €21.28M
2021: €20.45M
2022: €20.10M
2023: €22.72M
2024: €24.00M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€21.98M-€37.04M▲ 68.5%€36.11M▼ 2.5%€25.12M▼ 30.4%€30.76M▲ 22.5%
Equity€19.97M-€20.15M▲ 0.9%€22.48M▲ 11.6%€24.32M▲ 8.2%€26.83M▲ 10.3%
Operating result€77k-€328k▲ 325%€2.27M▲ 593%€2.24M▼ 1.4%€2.57M▲ 14.7%
Net result€89k-€175k▲ 97.5%€2.34M▲ 1,234%€1.84M▼ 21.3%€2.50M▲ 36.1%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 15% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €31.51M
Fixed assets
€899k ▼ 5.1%
Current assets
€30.61M ▲ 8.5%
Equity and liabilities €31.51M
Equity
€26.83M ▲ 10.3%
Provisions
€758k ▲ 21.1%
Debt
€3.92M ▼ 6.7%
Debt's share of the balance-sheet total falls from 14.4% to 12.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.76M▲
2024 · €2.40M
Cash flow
€2.69M▲
2024 · €2.00M
Current ratio
8.15▲
2024 · 6.71
Quick ratio
8.14▲
2024 · 6.70
Debt to equity
0.15▼
2024 · 0.17
ROE
9.3%▲
2024 · 7.6%
ROA
7.9%▲
2024 · 6.3%
Interest coverage
9774.24▲
2024 · 17.11
Debt ≤ 1 year
€3.76M▼
2024 · €4.20M
Income taxes
€828k▲
2024 · €647k
Staff costs
€1.69M▲
2024 · €1.57M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 77 lines
Balance sheet
Code20242025
Assets
Total assets20/58€29.15M€31.51M▲
Fixed assets21/28€948k€899k▼
Tangible fixed assets22/27€948k€899k▼
Land and buildings22€529k€477k▼
Plant, machinery and equipment23€276k€209k▼
Furniture and vehicles24€143k€213k▲
Current assets29/58€28.20M€30.61M▲
Amounts receivable after more than one year29€184k€0▼
Other amounts receivable291€184k€0▼
Stocks and contracts in progress3€46k€48k▲
Stocks30/36€46k€48k▲
Raw materials and consumables30/31€46k€48k▲
Amounts receivable within one year40/41€5.63M€6.38M▲
Trade receivables40€4.71M€5.58M▲
Other amounts receivable41€920k€804k▼
Current investments50/53€19.19M€20.25M▲
Other investments51/53€19.19M€20.25M▲
Cash at bank and in hand54/58€3.10M€3.84M▲
Deferred charges and accrued income490/1€44k€91k▲
Equity and liabilities
Total equity and liabilities10/49€29.15M€31.51M▲
Equity10/15€24.32M€26.83M▲
Contributions10/11€112k€112k=
Capital10€112k€112k=
Issued capital100€112k€112k=
Reserves13€24.21M€26.72M▲
Non-distributable reserves130/1€11k€11k=
Legal reserve130€11k€11k=
Tax-exempt reserves132€202k€202k=
Distributable reserves133€24.00M€26.50M▲
Provisions and deferred taxes16€626k€758k▲
Provisions for liabilities and charges160/5€626k€758k▲
Other liabilities and charges164/5€626k€758k▲
Amounts payable17/49€4.20M€3.92M▼
Amounts payable within one year42/48€4.20M€3.76M▼
Trade debts44€3.42M€3.46M▲
Suppliers440/4€3.42M€3.46M▲
Advances received on contracts in progress46€450k€0▼
Taxes, remuneration and social security45€330k€300k▼
Taxes450/3€207k€196k▼
Remuneration and social security454/9€124k€104k▼
Accrued charges and deferred income492/3€0€164k▲
Income statement
Code20242025
Operating income70/76A€25.24M€30.87M▲
Turnover70€25.12M€30.76M▲
Other operating income74€117k€104k▼
Non-recurring operating income76A€0€5k▲
Operating charges60/66A€23.00M€28.30M▲
Goods for resale, raw materials and consumables60€18.14M€22.71M▲
Purchases600/8€18.15M€22.72M▲
Change in stocks: decrease (increase)609€-6k€-3k▲
Services and other goods61€3.04M€3.32M▲
Remuneration, social security and pensions62€1.57M€1.69M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€164k€191k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€8k€0▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€0€132k▲
Other operating charges640/8€63k€249k▲
Non-recurring operating charges66A€2k€0▼
Operating profit (loss)9901€2.24M€2.57M▲
Financial income75/76B€388k€924k▲
Recurring financial income75€388k€922k▲
Income from financial fixed assets750€10k€2k▼
Income from current assets751€188k€507k▲
Other financial income752/9€190k€413k▲
Non-recurring financial income76B-€2k
Financial charges65/66B€140k€162k▲
Recurring financial charges65€140k€162k▲
Debt charges650-€282
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€73k€-77k▼
Other financial charges652/9€67k€238k▲
Profit (loss) for the period before taxes9903€2.49M€3.33M▲
Income taxes67/77€647k€828k▲
Taxes670/3€647k€828k▲
Profit (loss) for the period9904€1.84M€2.50M▲
Profit (loss) for the period to be appropriated9905€1.84M€2.50M▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.84M€2.50M▲
Transfer to equity691/2€1.84M€2.50M▲
To other reserves6921€1.84M€2.50M▲
Social balance
Average headcount (FTE)908726.829.6▲
The notes to these accounts (56 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €2.50M ▲36.1%
Net result €2.50M, the highest in the series.
31-12
Financial
Equity above €25MEq €26.83M ▲10.3%
8 profitable years in a row build equity to €26.83M.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 27 days late
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €89k ▼96.4%
Net result drops to €89k, the lowest in the series; recovery starts the following year.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity doublescurrent ratio 9.64
Current ratio from 4.12 to 9.64; short-term debt falls from €5.95M to €2.46M.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Fexhe-le-Haut-Clocher · 1 establishment unit since 1992
Ground area
1.8 ha
Building footprint
239 m²
Volume, LiDAR
882 m³
Parcel 64425C0133/00G002, Wallonia · tallest building 4.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Constructions Louwet
since 19922.024.754.046
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64425C0133/00G002 | Wallonia | 1.8 ha | 1 · 239 m² | 4.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
17 categoriesCONSTRUCTIONS LOUWET SA15347
Legal Entity Identifier
967600YEOE7MA8H0O833
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Of 2,451 companies in sector 41003 we hold annual accounts for 1,054. 133 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-10-1983
Fiscal year end31-12
Activities, NACEBEL 2025
41003General construction of other non-residential buildings
42110Construction of roads and motorways
42220Construction of utility projects for electricity and telecommunications
43240Other construction installation
43990Other specialised construction activities
46831Wholesale of construction materials, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:account@louwet.be