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TEAM SERVICES LSA

Active
Private limited company (pre-2019)founded 2014active for 12 yearsH. Consciencelaan 47B, 1140 Evere, BelgiumKBO/BCE: BE 0556.736.547
Summary

The computed 12-month bankruptcy probability of TEAM SERVICES LSA is 2.9% (moderate). The 2024 annual accounts show equity of €170,863 and a net result of €1,656, of which €905 non-recurring income. Equity has been growing by about 13% per year since 2018. Its solvency ranks better than 25% of 1,318 sector peers (NACE 42, financial year 2024). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 18-07-2014 Normal situation
Activity
Civil engineering NACE 42219and 6 others
Joint committees
149.01 Paritair Subcomité voor de elektriciens: installatie en distributie
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2024
Establishment unit
2.236.545.133 1140 Evere, since 18-07-2014
Financial year end
31 December
Peppol
Reachable since 15-03-2026

Board and ownership

Board
  • LASCARACHE Silviu GabrielDirector

Financial position

50 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.9%
Annual accounts 2024
Gross margin
€216,284
▼ 31.4%
Turnover
≈ €540,000
estimated
Profit
€1,656
▼ 95.8%
Equity
€170,863
▲ 1.0%
Total assets
€724,191
▼ 24.0%
Employees on 31-12-2024
5
  • 2025 accounts not filed, 94 days past the deadline
Filed on 30-09-2025
Score breakdownraises riskFigures for financial year 2024 (filed on 03-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 2 of the last 3 accounts lateLiquidity: current ratio 2.44, cash €5,728lowers riskSize: total assets €724,191Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 33% of micro companies in civil engineering (NACE 42)
Financial strength · tick: 2023
Average
Solvency 49+6
equity 23.6% of total assets
Liquidity 47+11
short-term debt 16.9% · cash 0.8%
Profitability 40-15
return on assets 0.2%
Bankruptcy probability within 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (1,867 companies, NACE 42, micro)
Last 24 months 12-2024: 1.4% 01-2025: 1.2%▼ -0.2 percentage points vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.3%▲ +0.1 percentage points vs 04-2025 06-2025: 1.4%▲ +0.1 percentage points vs 05-2025 07-2025: 1.3%▼ -0.1 percentage points vs 06-2025 08-2025: 1.8%▲ +0.5 percentage points vs 07-2025 09-2025: 2.2%▲ +0.4 percentage points vs 08-2025 10-2025: 3.2%▲ +1.0 percentage point vs 09-2025highest value 11-2025: 0.9%▼ -2.3 percentage points vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 1.0%▲ +0.1 percentage points vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 0.8%▼ -0.2 percentage points vs 04-2026lowest value 06-2026: 0.9%▲ +0.1 percentage points vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.6%▲ +0.6 percentage points vs 07-2026 09-2026: 1.8%▲ +0.2 percentage points vs 08-2026 10-2026: 2.9%▲ +1.1 percentage points vs 09-2026 11-2026: 2.9%● unchanged vs 10-2026
Credit of up to €8,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 2.44 (1.5 in 2023), above the usual 1.5. Short-term debt is 16.9% and cash 0.8% of total assets. However, 76.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 42, micro). It does better than 26% of them on solvency, 42% on liquidity, 22% on profitability and 41% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 03-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 2.44, cash €5,728
NBB · annual accounts
lowers risk · Size: total assets €724,191
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 94 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
61 days late
2023
92 days late
2022
16 days late
2021
43 days late
2020
37 days early
2019
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 24 days after the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 81% of companies in civil engineeringsector median €54,319 · 1,318 companies €170,863 View
  • Positive: 7 profitable years in a rowprofit 2024: €1,656, mostly one-off 7 years View

Recent changes

  1. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as TEAM SERVICES LSA: civil engineering (NACE 42219). They are comparable in size and age: total assets between €499,000 and €1m, founded between 2008 and 2017.

CompanyTotal assetsGross margin
TEAM SERVICES LSA Evere€0.7m€0.2m
SBM CONSTRUCT Brussel€1.0m€0.2m
QUALITYFREES Berlare€0.6m€0.2m
DIVAGO Mol€0.5m€0.3m
Noah Water Solutions Nazareth-De Pinte€0.9m€0.4m
CELIS PUTBORINGEN Geetbets€0.6m€0.4m
I.M.D.P. MAINTENANCE Comblain-au-Pont€1.0m€0.2m
Full comparison

Key facts about TEAM SERVICES LSA

What is the company number of TEAM SERVICES LSA?
The company number of TEAM SERVICES LSA is 0556.736.547. The VAT number is the same number with BE in front: BE 0556.736.547.
Where is TEAM SERVICES LSA based?
The registered office is at H. Consciencelaan 47B, 1140 Evere.Company details
What does TEAM SERVICES LSA do?
According to the KBO register, the main activity is civil engineering (NACE 42219).
What is the legal form of TEAM SERVICES LSA?
The legal form of TEAM SERVICES LSA is Private limited company (pre-2019) (BVBA).
When was TEAM SERVICES LSA founded?
TEAM SERVICES LSA was founded on 18-07-2014.
Is TEAM SERVICES LSA still active?
Yes, TEAM SERVICES LSA is an active enterprise in the KBO register.
How many employees does TEAM SERVICES LSA have?
TEAM SERVICES LSA had an average of 5.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does TEAM SERVICES LSA fall under?
In its 2024 annual accounts, TEAM SERVICES LSA states joint committees 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of TEAM SERVICES LSA?
The turnover in financial year 2024 is ≈ €540,000. This figure is estimated from the gross margin of €216,284 and 2,211 comparable companies of the same size. It probably lies between €360,000 and €840,000. It is a rough estimate. In financial year 2021 turnover was €1.5m.
Is TEAM SERVICES LSA profitable?
In financial year 2024, TEAM SERVICES LSA made a profit of €1,656.
Where can I find the annual accounts of TEAM SERVICES LSA?
TEAM SERVICES LSA filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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