ACTIVE

LS CONSTRUCTION

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Financial year 2025 · closed on 31/12/2025

Net result

11,8 k €

+39246.5% YoY

Gross margin

39,7 k €

+116.1% YoY

Equity

52 k €

+29.5% YoY

What does LS CONSTRUCTION do?

LS CONSTRUCTION is a Private limited company incorporated in 1992. Its main activity is: Construction of buildings. Its registered office is in Baelen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.272.236

Incorporation

26/09/1992

Legal form

Private limited company

Registered office

Au Congo 1
4837 Baelen · WallonieSee on map

Contributed capital

20 451,21 €

Latest accounts

31/12/2025

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 43990Other specialised construction activities n.e.c.43995Other specialised construction activities n.e.c.41002Construction of buildings 41003Construction of buildings+2

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	39,7 k €	+116%	18,4 k €	-72.4%	66,5 k €	+39.1%	47,8 k €	-25.5%	64,1 k €	+148%	25,8 k €	-27.5%	35,7 k €	+373%	7,5 k €	+44.9%	5,2 k €	-63.5%	14,2 k €	+13.4%	12,6 k €	+3.0%	12,2 k €	-15.4%	14,4 k €	-40.3%	24,2 k €	+499%	-6 k €	-185%	7,1 k €	-54.6%	15,7 k €	+201%	-15,4 k €	-174%	20,9 k €	+53.5%	13,6 k €
EBITDA	28,1 k €	+114%	13,2 k €	-77.9%	59,5 k €	+36.2%	43,7 k €	-27.0%	59,8 k €	+165%	-92,6 k €	-372%	34 k €	+428%	6,4 k €	+41.1%	4,6 k €	-62.4%	12,1 k €	+290%	-6,4 k €	-157%	11,1 k €	-19.2%	13,8 k €	-41.6%	23,6 k €	+488%	-6,1 k €	-200%	6,1 k €	-58.2%	14,6 k €	+185%	-17,2 k €	-197%	17,8 k €	+68.7%	10,6 k €
Operating result	19,3 k €	+617%	2,7 k €	-94.3%	47,5 k €	+45.5%	32,6 k €	-33.3%	48,9 k €	+149%	-99,4 k €	-539%	22,7 k €	+567%	3,4 k €	+421%	652,2 €	-90.5%	6,8 k €	+161%	-11,2 k €	-906%	1,4 k €	-70.6%	4,7 k €	-69.9%	15,7 k €	+358%	-6,1 k €	-304%	3 k €	-74.1%	11,5 k €	+155%	-20,7 k €	-324%	9,2 k €	+366%	2 k €
Net result	11,8 k €	+39246%	30,1 €	-99.9%	31,8 k €	+29.7%	24,5 k €	-48.5%	47,7 k €	+149%	-96,9 k €	-743%	15,1 k €	+673%	2 k €	+876%	-251,4 €	-104%	6,7 k €	+154%	-12,3 k €	-2163%	597,4 €	-79.3%	2,9 k €	-75.3%	11,7 k €	+1026%	-1,3 k €	-189%	1,4 k €	-86.5%	10,5 k €	+174%	-14,1 k €	-278%	7,9 k €	+4145%	187,1 €
Balance sheet
Equity	52 k €	+29.5%	40,2 k €	+0.1%	40,1 k €	+384%	8,3 k €	+151%	-16,3 k €	+74.6%	-64 k €	-294%	32,9 k €	+84.5%	17,8 k €	+12.3%	15,9 k €	-1.6%	16,1 k €	+70.8%	9,5 k €	-56.6%	21,8 k €	+2.8%	21,2 k €	+15.8%	18,3 k €	+176%	6,6 k €	-16.0%	7,9 k €	+21.9%	6,5 k €	+261%	-4 k €	-140%	10,1 k €	+362%	2,2 k €
Total assets	126,3 k €	+82.5%	69,2 k €	-20.3%	86,8 k €	+52.1%	57,1 k €	-43.9%	101,8 k €	-14.4%	118,8 k €	+51.3%	78,5 k €	+94.0%	40,5 k €	+17.1%	34,6 k €	-4.4%	36,2 k €	-19.3%	44,8 k €	-14.4%	52,4 k €	-40.8%	88,5 k €	-16.4%	105,8 k €	+1496%	6,6 k €	-71.5%	23,2 k €	-16.3%	27,8 k €	+7.4%	25,8 k €	+21.3%	21,3 k €	+13.6%	18,8 k €
Cash	10,2 k €	+0.2%	10,1 k €	+12.4%	9 k €	+134%	3,8 k €	+325%	903,4 €	-70.7%	3,1 k €	-60.3%	7,8 k €	-6.0%	8,3 k €	+388%	1,7 k €	-43.4%	3 k €	+80.8%	1,7 k €		–		1,2 k €	-55.7%	2,7 k €	-48.8%	5,2 k €	+2543%	196,4 €	+68.4%	116,7 €	-18.5%	143,2 €	-98.3%	8,3 k €	+908%	819,2 €
Debts	74,3 k €	+156%	29 k €	-37.8%	46,7 k €	-2.0%	47,7 k €	-59.6%	118 k €	-35.4%	182,8 k €	+303%	45,4 k €	+102%	22,5 k €	+21.9%	18,5 k €	-7.8%	20 k €	-43.4%	35,4 k €	+15.6%	30,6 k €	-54.3%	66,9 k €	-20.0%	83,6 k €		–		15,3 k €	-27.9%	21,3 k €	-28.7%	29,8 k €	+168%	11,2 k €	-32.6%	16,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Steve LESPIRE

Director · since 01 décembre 2011

Active

Ended mandates

Steve LESPIRE

Manager · since 01 décembre 2011

Ended

Alain SAIVE

Manager · until 01 décembre 2011

Ended

Alain SAIVE

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/07/2026	14/07/2025	29/07/2024	31/08/2023	18/08/2022	15/09/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	10/09/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	05/06/2026	16/07/2026	French	PDF
Micro model	31/12/2024	06/06/2025	14/07/2025	French	PDF
Micro model	31/12/2023	07/06/2024	29/07/2024	French	PDF
Micro model	31/12/2022	02/06/2023	31/08/2023	French	PDF
Micro model	31/12/2021	03/06/2022	18/08/2022	French	PDF
Micro model	31/12/2020	10/09/2021	15/09/2021	French	PDF
Micro model	31/12/2019	31/08/2020	12/10/2020	French	PDF
Micro model	31/12/2018	07/06/2019	31/08/2019	French	PDF
Micro model	31/12/2017	30/11/2018	04/12/2018	French	PDF
Micro model	31/12/2016	22/12/2017	22/12/2017	French	PDF
Abridged model	31/12/2015	03/06/2016	26/08/2016	French	PDF
Abridged model	31/12/2014	05/06/2015	25/09/2015	French	PDF
Abridged model	31/12/2013	06/06/2014	28/08/2014	French	PDF
Abridged model	31/12/2012	07/06/2013	27/08/2013	French	PDF
Abridged model	31/12/2011	01/06/2012	05/06/2012	French	PDF
Abridged model	31/12/2010	03/06/2011	07/06/2011	French	PDF
Abridged model	31/12/2009	04/06/2010	07/06/2010	French	PDF
Abridged model	31/12/2008	05/06/2009	16/06/2009	French	PDF
Abridged model	31/12/2007	06/06/2008	09/06/2008	French	PDF
Abridged model	31/12/2006	01/06/2007	04/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Steve LESPIRE

Director · since 01 décembre 2011

Active

Ended mandates

Steve LESPIRE

Manager · since 01 décembre 2011

Ended

Alain SAIVE

Manager · until 01 décembre 2011

Ended

Alain SAIVE

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/07/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office05/11/2014
SIEGE SOCIAL
PDF
Registered office18/10/2013
SIEGE SOCIAL
PDF
Mandates30/03/2012
DENOMINATION - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Capital / shares10/08/2004
CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202511,8 k €↑
2024
Annual accounts 202430,1 €↓
2023
Annual accounts 202331,8 k €↑
2022
Annual accounts 202224,5 k €↓
2021
Annual accounts 202147,7 k €↑
2020
Annual accounts 2020-96,9 k €↓
2019
Annual accounts 201915,1 k €↑
2018
Annual accounts 20182 k €↑
2017
Annual accounts 2017-251,4 €↓
2016
Annual accounts 20166,7 k €↑
2015
Annual accounts 2015-12,3 k €↓
2014
Annual accounts 2014597,4 €↓
2013
Annual accounts 20132,9 k €↓
2012
Annual accounts 201211,7 k €↑
2011
Annual accounts 2011-1,3 k €↓
2011
Name changeLS CONSTRUCTION
2010
Annual accounts 20101,4 k €↓
2009
Annual accounts 200910,5 k €↑
2008
Annual accounts 2008-14,1 k €↓
2007
Annual accounts 20077,9 k €↑
2006
Annual accounts 2006187,1 €
2006
Name changeALSATRA
26/09/1992
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

LS CONSTRUCTION

Overview

What does LS CONSTRUCTION do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline