OPENING OF BANKRUPTCY

LG Construction

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Financial year 2024 · closed on 31/12/2024
Net result
23,2 k €
-5.7% YoY
Gross margin
230,5 k €
-27.9% YoY
Equity
161 k €
+16.8% YoY
Workforce
1,8 ETP
-48.6% YoY

Company — Opening of bankruptcy.

What does LG Construction do?

LG Construction is a Private limited company incorporated in 2020. Its registered office is in Seraing. It employs on average 1,8 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0753.739.191
Incorporation
07/09/2020
Legal form
Private limited company
Registered office
Rue de la Province 65
4100 Seraing · WallonieSee on map
Contributed capital
15 000,00 €
Latest accounts
31/12/2024
Average workforce
1,8 ETP
Joint committees (2)
  • 124
  • 200
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2024202320222021
Income statement
Gross margin230,5 k €319,8 k €285,6 k €125 k €
EBITDA133,3 k €130,5 k €158,1 k €87,5 k €
Operating result63,4 k €46,5 k €92,5 k €38,3 k €
Net result23,2 k €24,6 k €65,8 k €32,3 k €
Balance sheet
Equity161 k €137,8 k €113,2 k €47,3 k €
Total assets608,9 k €588 k €528,2 k €406,2 k €
Cash––47,4 k €27,1 k €
Debts448 k €450,2 k €415 k €358,9 k €
Other
Workforce1,8 ETP3,5 ETP2,9 ETP–
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 1 ended

Active mandates

Lebrun Gregory

Director · since 01 avril 2025

Active

Ended mandates

Orhan SABANI

Director · since 07 septembre 2020

Ended
At this address

Other companies at this address

CompanyCBE no.
ASSOCIATION DES COPROPRIETAIRES RESIDENCE DE LA PROVINCE● Active
1027.184.369
Annual accounts

Full financial information

2024202320222021
Type of accountAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202401/01/202301/01/202207/09/2020
Closing of the financial year31/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months16 months
Filing date28/08/202503/07/202427/06/202304/07/2022
General meeting26/08/202527/06/202401/06/202302/06/2022
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202426/08/202528/08/2025FrenchPDF
Abridged model31/12/202327/06/202403/07/2024FrenchPDF
Abridged model31/12/202201/06/202327/06/2023FrenchPDF
Micro model31/12/202102/06/202204/07/2022FrenchPDF
Estimate

Indicative valuation

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 31/12/2024 · 1 active · 1 ended

Active mandates

Lebrun Gregory

Director · since 01 avril 2025

Active

Ended mandates

Orhan SABANI

Director · since 07 septembre 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/05/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/04/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION
    PDF
  • Registered office17/10/2024
    SIEGE SOCIAL
    PDF
  • Other09/09/2020
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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

Timeline

  1. 2024
    Annual accounts 202423,2 k €↓
  2. 2024
    Name changeLG CONSTRUCTION
  3. 2023
    Annual accounts 202324,6 k €↓
  4. 2022
    Annual accounts 202265,8 k €↑
  5. 2021
    Annual accounts 202132,3 k €
  6. 2021
    Name changeSABANI CONSTRUCTIONS
  7. 07/09/2020
    IncorporationPrivate limited company