Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LIGNA CONSTRUCT from Sankt Vith, company number BE0844691638, closed financial year 2025 with a result of € -894,399 after tax. For that financial year LIGNA CONSTRUCT recorded a gross margin of € -866,614 and equity of € -1.1 million. Compared with financial year 2024, the result moved from € -118,063 to € -894,399. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ -1.1 million
▼ € 894,399 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -894,399
▼ 658 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,944
▼ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
Debts at end 2025
€ 76
Loans from banks and other lenders, long and short.
€ 228,419
▲ 184% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 574
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 110,103 | € 81,625 | € -125,960 | € -866,614 | ▼ € 740,655 |
| Profit after taxes | € 22,713 | € 15,529 | € -118,063 | € -894,399 | ▼ € 776,336 |
| Equity | € -79,432 | € -68,566 | € -186,890 | € -1,081,289 | ▼ € 894,399 |
| Total debts | € 478,991 | € 448,181 | € 1,016,791 | € 1,950,333 | ▲ 92% |
| Cash | € 86,469 | € 148,733 | € 14,209 | € 1,944 | ▼ 86% |
| Retained profit | € -128,356 | € -112,827 | € -230,890 | € -1,125,289 | ▼ € 894,399 |
| Bank debt | € 0 | € 0 | € 0 | € 76 | |
| Balance sheet total | € 399,559 | € 379,616 | € 829,901 | € 869,044 | ▲ 5% |
| Employees (FTE) | 0.6 | - | - | - |
Key figures of LIGNA CONSTRUCT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to LIGNA CONSTRUCT?
What happened at LIGNA CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 894,399. Source: NBB ↗
- S-Works GmbH became a director. NBB
- SMART POWER GmbH became a director. NBB
- ODU Management GmbH became a director. NBB
- New establishment in Sankt Vith. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,713 profit in 2022 to € 894,399 loss in 2025.
Best year ever: 2022, with € 22,713 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of LIGNA-systems Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LIGNA CONSTRUCTBehind LIGNA CONSTRUCT are SMART POWER GmbH, S-Works GmbH and ODU Management GmbH. The shares are held by LIGNA-systems Holding (99%).
Directors
According to the 2025 annual accounts
Director · represented by Michael HILGERS
Also active at: WEB-constructions, LIGNA-systems Belgien, LIGNA-parts
since 2022
since 2024
Director · represented by Olivier DUPUIS
Also active at: WEB-constructions, LIGNA-systems Belgien, LIGNA-parts
since 2020
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Mercatorstraße 16
4780 Sankt Vith
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0844.691.638
- VAT number
- BE 0844.691.638
- Registered office
- Mercatorstraße 16, 4780 Sankt Vith
- Names & denominations
- LIGNA CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 March 2012
- Peppol
- Active · Active since 9 Jan 2026
- Activities · NACE
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