LG CONSTRUCTIONS
ActiveLG CONSTRUCTIONS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-22k) and a net result of €3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 2149 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
8
/ 100
Critical▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▲+17
Solvency33=
Growth22▼-12
Stability100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.33 against 0.24 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 →
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
-62.5%
Return on assets
7.7%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 2149 sector peers (2025).
NBB · sector comparisonPosition among 2149 sector peers
Solvency
better than 5%
← weakest
strongest →
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 29-07-2026, 2 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
2 d early
2024
21 d early
2023
1 d early
2022
6 d late
2021
11 d early
2020
19 d late
2019
238 d late
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€15k▼ 80.5%
2024 · €77k
2018: €71k
2019: €139k
2020: €110k
2021: €156k
2022: €407k
2023: €49k
2024: €77k
2018 → 2025
EBIT margin
19.4%▲ 56.3pp
2024 · -36.9%
2018: 8.9%
2019: 2.0%
2020: 4.5%
2021: 4.5%
2022: -3.4%
2023: -20.5%
2024: -36.9%
2018 → 2025
Net result
€3k
2024 · €-30k
2018: €6k
2019: €2k
2020: €3k
2021: €6k
2022: €-15k
2023: €-11k
2024: €-30k
2018 → 2025
Working capital
€-38k▲ 6.6%
2024 · €-41k
2018: €15k
2019: €17k
2020: €22k
2021: €30k
2022: €12k
2023: €1k
2024: €-41k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€156k-€407k▲ 162%€49k▼ 88.0%€77k▲ 57.5%€15k▼ 80.5%
Equity€32k-€17k▼ 47.2%€6k▼ 67.3%€-24k€-22k▲ 11.0%
Operating result€7k-€-14k€-10k▲ 27.0%€-28k▼ 183%€3k
Net result€6k-€-15k€-11k▲ 24.8%€-30k▼ 163%€3k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3k after a loss of €28k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets
€15k=
Current assets
€19k▲ 44.9%
Key figures and ratios
Solvency
-62.5%▲
2024 · -84.2%
Current ratio
0.33▲
2024 · 0.24
Quick ratio
0.31▲
2024 · 0.22
Debt / equity
-2.60▼
2024 · -2.19
ROE
-12.4%▼
2024 · 122.6%
ROA
7.7%▲
2024 · -103.2%
Debt
€57k▲
2024 · €53k
Debt ≤ 1 year
€57k▲
2024 · €53k
Staff costs
€6k▼
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€29k€35k▲
Formation expenses20€955€955=
Fixed assets21/28€15k€15k=
Tangible fixed assets22/27€15k€15k=
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€15k€15k=
Other tangible fixed assets26€0€0=
Current assets29/58€13k€19k▲
Stocks and contracts in progress3€849€849=
Stocks30/36€849€849=
Amounts receivable within one year40/41€5k€10k▲
Trade receivables40€1k€6k▲
Other amounts receivable41€4k€4k▲
Cash at bank and in hand54/58€6k€7k▲
Deferred charges and accrued income490/1€1k€1k=
Equity and liabilities
Total equity and liabilities10/49€29k€35k▲
Equity10/15€-24k€-22k▲
Contributions10/11€20k€20k=
Capital10€20k€20k=
Issued capital100€20k€20k=
Profit (loss) carried forward14€-44k€-42k▲
Amounts payable17/49€53k€57k▲
Amounts payable within one year42/48€53k€57k▲
Current portion of amounts payable after more than one year42€0€0=
Trade debts44€3k€6k▲
Suppliers440/4€3k€6k▲
Taxes, remuneration and social security45€637€660▲
Taxes450/3€0-
Remuneration and social security454/9€637€660▲
Other amounts payable47/48€50k€50k=
Income statement
Code20242025
Turnover70€77k€15k▼
Goods, raw materials, services and sundry goods60/61€86k€7k▼
Remuneration, social security and pensions62€24k€6k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k-
Other operating charges640/8€1k€528▼
Gross operating margin9900€-3k€9k▲
Operating profit (loss)9901€-28k€3k▲
Financial charges65/66B€1k€212▼
Recurring financial charges65€1k€212▼
Profit (loss) for the period before taxes9903€-30k€3k▲
Income taxes67/77€374-
Profit (loss) for the period9904€-30k€3k▲
Profit (loss) for the period to be appropriated9905€-30k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-44k€-42k▲
Profit (loss) brought forward from the previous period14P€-14k€-44k▼
The notes to these accounts (4 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after 3 loss-making years.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 6 days late
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €6k ▲75.1%
Operating result €7k, net result €6k, both a record.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
26-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 238 days late
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Liège · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Sainte-Walburge 3324000 LiègeGround area
450 m²
Building footprint
88 m²
Volume, LiDAR
849 m³
Parcel 62818E0530/00G000, Wallonia · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LG CONSTRUCTIONS
since 20172.262.813.030
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62818E0530/00G000 | Wallonia | 450 m² | 1 · 88 m² | 11.7 m · 3 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.
Similar companies · same sector, comparable size
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BE 1011.377.032
Villers-la-Ville · Eq €6k
INVEST FUTUR ASDL
BE 0800.584.847
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IMPERBAT
BE 0478.132.004
Aiseau-Presles · Eq €6k
VITALION CONSTRUCT
BE 1006.944.330
Jette · Eq €6k
Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 6,781 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-03-2017
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43410Roofing work
43421Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.