I LUNGA PROJECTS
ActiveSummary
I LUNGA PROJECTS has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116k and a net result of €57k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 89% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+2
Solvency100▲+4
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 6.34 against 2.76 in 2024; short-term debt: 13.7% and cash: 62.5% of total assets), and 13.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
86.3%
Return on assets
42.7%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €116k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-01-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
29 d early
2023
50 d early
2022
46 d early
2021
55 d early
2020
23 d early
2019
28 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€116k▲ 38.7%
2024 · €84k
2019: €134khighest in 7 years
2020: €116k▼ -13.4% vs 2019
2021: €63k▼ -45.8% vs 2020lowest in 7 years
2022: €73k▲ +16.5% vs 2021
2023: €76k▲ +4.5% vs 2022
2024: €84k▲ +9.3% vs 2023
2025: €116k▲ +38.7% vs 2024
2019 → 2025
Total assets
€134k▲ 14.7%
2024 · €117k
2019: €180khighest in 7 years
2020: €144k▼ -19.9% vs 2019
2021: €111k▼ -23.3% vs 2020
2022: €109k▼ -2.0% vs 2021lowest in 7 years
2023: €118k▲ +9.1% vs 2022
2024: €117k▼ -1.0% vs 2023
2025: €134k▲ +14.7% vs 2024
2019 → 2025
Net result
€57k▲ 111%
2024 · €27k
2019: €54k
2020: €-18k▼ -133% vs 2019lowest in 7 years
2021: €-13k▲ +27.0% vs 2020
2022: €10k▲ +179% vs 2021
2023: €3k▼ -68.6% vs 2022
2024: €27k▲ +732% vs 2023
2025: €57k▲ +111% vs 2024highest in 7 years
2019 → 2025
Working capital
€99k▲ 66.5%
2024 · €59k
2019: €115khighest in 7 years
2020: €71k▼ -38.5% vs 2019
2021: €23k▼ -67.0% vs 2020lowest in 7 years
2022: €40k▲ +71.8% vs 2021
2023: €45k▲ +10.8% vs 2022
2024: €59k▲ +32.9% vs 2023
2025: €99k▲ +66.5% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€63k-€73k▲ 16.5%€76k▲ 4.5%€84k▲ 9.3%€116k▲ 38.7%
2021: €63klowest in 5 years
2022: €73k▲ +16.5% vs 2021
2023: €76k▲ +4.5% vs 2022
2024: €84k▲ +9.3% vs 2023
2025: €116k▲ +38.7% vs 2024highest in 5 years
Operating result€-12k-€12k€8k▼ 34.3%€35k▲ 357%€79k▲ 125%
2021: €-12klowest in 5 years
2022: €12k▲ +198% vs 2021
2023: €8k▼ -34.3% vs 2022
2024: €35k▲ +357% vs 2023
2025: €79k▲ +125% vs 2024highest in 5 years
Net result€-13k-€10k€3k▼ 68.6%€27k▲ 732%€57k▲ 111%
2021: €-13klowest in 5 years
2022: €10k▲ +179% vs 2021
2023: €3k▼ -68.6% vs 2022
2024: €27k▲ +732% vs 2023
2025: €57k▲ +111% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 125% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €134k
Fixed assets
€17k ▼ 29.1%
Current assets
€117k ▲ 26.1%
Equity and liabilities €134k
Equity
€116k ▲ 38.7%
Debt
€18k ▼ 45.1%
Debt's share of the balance-sheet total falls from 28.7% to 13.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€86k▲
2024 · €45k
Cash flow
€64k▲
2024 · €37k
Current ratio
6.34▲
2024 · 2.76
Quick ratio
6.01▲
2024 · 2.60
Debt to equity
0.16▼
2024 · 0.40
ROE
49.5%▲
2024 · 32.4%
ROA
42.7%▲
2024 · 23.1%
Interest coverage
1263.15▲
2024 · 707.14
Debt ≤ 1 year
€18k▼
2024 · €34k
Income taxes
€22k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€117k€134k▲
Fixed assets21/28€24k€17k▼
Intangible fixed assets21€3k€0▼
Tangible fixed assets22/27€10k€6k▼
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24€4k€975▼
Financial fixed assets28€11k€11k=
Current assets29/58€93k€117k▲
Stocks and contracts in progress3€6k€6k▲
Stocks30/36€6k€6k▲
Amounts receivable within one year40/41€18k€27k▲
Trade receivables40€16k€2k▼
Other amounts receivable41€2k€25k▲
Cash at bank and in hand54/58€69k€84k▲
Equity and liabilities
Total equity and liabilities10/49€117k€134k▲
Equity10/15€84k€116k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€63k€95k▲
Amounts payable17/49€34k€18k▼
Amounts payable within one year42/48€34k€18k▼
Trade debts44€17k€3k▼
Suppliers440/4€17k€3k▼
Taxes, remuneration and social security45€0€2k▲
Taxes450/3€0€2k▲
Other amounts payable47/48€17k€13k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€7k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€46k€87k▲
Operating profit (loss)9901€35k€79k▲
Financial income75/76B€2€25▲
Recurring financial income75€2€25▲
Financial charges65/66B€64€68▲
Recurring financial charges65€64€68▲
Profit (loss) for the period before taxes9903€35k€79k▲
Income taxes67/77€8k€22k▲
Profit (loss) for the period9904€27k€57k▲
Profit (loss) for the period to be appropriated9905€27k€57k▲
Appropriation of the result
Profit (loss) to be appropriated9906€83k€95k▲
Profit (loss) brought forward from the previous period14P€56k€38k▼
Transfer from equity791/2-€25k
Profit to be distributed694/7€20k€25k▲
Return on contributions (dividend)694€20k€25k▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €9k | €10k | €10k | €7k | ▼ 30.4% |
| Other operating charges640/8 | - | €548 | €597 | €1k | €1k | ▼ 2.4% |
| Gross operating margin9900 | €-2k | €21k | €19k | €46k | €87k | ▲ 88.4% |
| Operating profit (loss)9901 | €-12k | €12k | €8k | €35k | €79k | ▲ 125% |
| Financial income75/76B | - | €0 | €54 | €2 | €25 | ▲ 1,035% |
| Recurring financial income75 | €1 | €0 | €54 | €2 | €25 | ▲ 1,035% |
| Financial charges65/66B | - | €397 | €267 | €64 | €68 | ▲ 6.6% |
| Recurring financial charges65 | €601 | €397 | €267 | €64 | €68 | ▲ 6.6% |
| Profit (loss) for the period before taxes9903 | €-13k | €11k | €7k | €35k | €79k | ▲ 126% |
| Income taxes67/77 | €535 | €944 | €4k | €8k | €22k | ▲ 174% |
| Profit (loss) for the period9904 | €-13k | €10k | €3k | €27k | €57k | ▲ 111% |
| Profit (loss) for the period to be appropriated9905 | €-13k | €10k | €3k | €27k | €57k | ▲ 111% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €111k | €109k | €118k | €117k | €134k | ▲ 14.7% |
| Fixed assets21/28 | €39k | €33k | €32k | €24k | €17k | ▼ 29.1% |
| Intangible fixed assets21 | €21k | €15k | €9k | €3k | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €7k | €7k | €12k | €10k | €6k | ▼ 38.9% |
| Plant, machinery and equipment23 | - | €4k | €8k | €7k | €5k | ▼ 20.3% |
| Furniture and vehicles24 | - | €3k | €4k | €4k | €975 | ▼ 73.1% |
| Financial fixed assets28 | €11k | €11k | €11k | €11k | €11k | = |
| Current assets29/58 | €71k | €76k | €87k | €93k | €117k | ▲ 26.1% |
| Stocks and contracts in progress3 | €5k | €14k | €7k | €6k | €6k | ▲ 11.5% |
| Stocks30/36 | - | €14k | €7k | €6k | €6k | ▲ 11.5% |
| Amounts receivable within one year40/41 | €6k | €8k | €40k | €18k | €27k | ▲ 47.2% |
| Trade receivables40 | - | €3k | €31k | €16k | €2k | ▼ 88.0% |
| Other amounts receivable41 | - | €5k | €9k | €2k | €25k | ▲ 1,257% |
| Cash at bank and in hand54/58 | €61k | €53k | €40k | €69k | €84k | ▲ 21.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €111k | €109k | €118k | €117k | €134k | ▲ 14.7% |
| Equity10/15 | €63k | €73k | €76k | €84k | €116k | ▲ 38.7% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €42k | €53k | €56k | €63k | €95k | ▲ 51.2% |
| Amounts payable17/49 | €48k | €35k | €42k | €34k | €18k | ▼ 45.1% |
| Amounts payable within one year42/48 | €48k | €35k | €42k | €34k | €18k | ▼ 45.1% |
| Trade debts44 | €112 | €6k | €23k | €17k | €3k | ▼ 79.8% |
| Suppliers440/4 | - | €6k | €23k | €17k | €3k | ▼ 79.8% |
| Taxes, remuneration and social security45 | - | €294 | €4k | €0 | €2k | - |
| Taxes450/3 | - | €294 | €4k | €0 | €2k | - |
| Other amounts payable47/48 | - | €29k | €14k | €17k | €13k | ▼ 23.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-13k | €10k | €3k | €27k | €57k | ▲ 111% |
| + Depreciation and write-downs630 | €9k | €9k | €10k | €10k | €7k | ▼ 30.4% |
| Operating cash flow (approximation) | €-4k | €19k | €14k | €37k | €64k | ▲ 72.8% |
| Investment in fixed assets (approximation) | - | €-2k | €-9k | €-3k | €0 | ▲ 100% |
| Change in cash | - | €-8k | €-13k | €30k | €15k | ▼ 49.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Highest result since 2019net €57k ▲111%
Operating result €79k, net result €57k, both a record.
30-06
Financial
Liquidity doublescurrent ratio 6.34
Current ratio from 2.76 to 6.34; short-term debt falls from €34k to €18k.
30-06
Financial
Equity above €100kEq €116k ▲38.7%
4 profitable years in a row build equity to €116k.
02-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
12-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
16-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
2021
07-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
08-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
03-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
08-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
29-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
23-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Kortenberg · 1 establishment unit since 2015
Ground area
1,823 m²
Building footprint
463 m²
Volume, LiDAR
2,901 m³
Parcel 24025F0073/00D000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
I LUNGA PROJECTS
since 20152.243.073.629
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24025F0073/00D000 | Flanders | 1,823 m² | 1 · 463 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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SEMPER
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,571. 1,963 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-06-2015
Fiscal year end30-06
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
46231Wholesale of live animals
46423Wholesale of clothing, excluding workwear and underwear
46424Wholesale trade
64210Activities of holding companies
70200Business and other management consultancy
75000Veterinary services
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.