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I LUNGA PROJECTS

Active Private limited companyfounded 2015active for 11 yearsHaaggatstraat 100, 3071 KortenbergKBO/BCE: BE 0632.491.072

Lifetime

10 annual accounts with figures on one time axis
peak €87,309 (2025)
€87,309▲ 88.4%
lowest -€17,864 (2020)
€57,352▲ 111%
peak €133,768 (2019)
€115,954▲ 38.7%
€18,464▼ 45.1%
Board2 names since 2015
2 directorsJACOBS, Mylena Godelieve and 1 other
Documentsfilings and deeds
16-01-202615 days before the deadline
2025abbreviated format
Gross margin from €46,354 to €87,309Result from €27,117 to €57,352Dividend €25,000Equity from €83,602 to €115,954Debts from €33,636 to €18,464

Key points

from the 2025 annual accounts

Equity

€115,954 ▲ 38.7%
83,6022024+57,352Profit-25,000Dividend115,9542025

I LUNGA PROJECTS paid out €25,000 in dividends. That is 44% of the 2025 profit.

Liquidity

6.34 was 2.76 in 2024

Short-term debts fell from €33,636 to €18,464.

Filings

10 annual accounts since 2016
deadline20202025

The last five annual accounts were filed 15 to 55 days before the end of the period.

Checked score

99
Excellent
Financially stronger than 91% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024highest value 02-2025: < 0.1%▼ -0.2 percentage points vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: 0.1%▲ +0.1 percentage points vs 12-2025 02-2026: < 0.1%▼ -0.1 percentage points vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100+4equity 86.3% of total assets
98+10short-term debt 13.7% · cash 62.5%
100+2return on assets 42.7%

Score breakdown

lowers risk
Liquidity: current ratio 6.34, cash €84,020
Equity €115,954 (86.3% of total assets)
Founded in 2015
Figures for financial year 2025 (filed on 16-01-2026)
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 46, micro). It does better than 90% of them on solvency, 94% on liquidity, 95% on profitability and 85% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as I LUNGA PROJECTS has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of I LUNGA PROJECTS itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,693 companies, not a prediction for I LUNGA PROJECTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €11,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 6.34 (2.76 in 2024), above the usual 1.5. Short-term debt is 13.7% and cash 62.5% of total assets. 13.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

Signals

6 signals, none raises the risk
Six signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 6.34, cash €84,020
NBB · annual accounts
lowers risk · Equity €115,954 (86.3% of total assets)
NBB · annual accounts
lowers risk · Founded in 2015
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 16-01-2026)
NBB · annual accounts
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 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €115,954
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 filings
Deviation from the deadline
2025
15 days early
2024
29 days early
2023
50 days early
2022
46 days early
2021
55 days early
2020
23 days early
2019
28 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 35 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 16 December (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

JM
Director, since 01-06-2015
VD
Director, since 01-06-2015

Shares in 1 company, STUDIO DÔME

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0632491072
Changes of role: JACOBS, Mylena Godelieve (director) and VAN DEN EYNDE Peter Stefaan (director) “Het uitbaten van groot- en kleinhandel,de in –en export,in…” (deed in Dutch) · Director discharge: JACOBS, Mylena Godelieve · Director discharge: VAN DEN EYNDE Peter Stefaan · General meeting of 15-12-2023 · Gazette deed
First establishment Haaggatstraat 100, Kortenberg
Incorporation published on 18-06-2015 · Gazette deed
All 19 events

Comparable companies

same main activity, similar in size and age
Company
I LUNGA PROJECTS Kortenberg €134,418 €87,309 86.3% -
HANDELSAGENTUR LUCIANO GRIMALDI Maasmechelen €130,589 €72,956 45.1% -
NEATWORK SOLUTIONS Kinrooi €146,946 €75,046 79.5% -
J. Rypens Boom €106,564 €73,781 97.4% -
HAPPYLOU Lasne €155,147 €63,515 60.3% -
EG ALLIANCE Meise €104,749 €68,535 19.6% -
B.A.N.G.O. Wezembeek-Oppem €132,276 €138,133 64.7% -

These companies have the same main activity as I LUNGA PROJECTS: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €105,000 and €155,000, founded between 2014 and 2016.

Official details

Source: KBO
Status
Active since 16-06-2015Normal situation
Activity
Agents in non-specialised wholesale tradeNACE 46190and 8 others
Establishment unit
2.243.073.6293071 Kortenberg, since 01-07-2015
Financial year end
30 June
Peppol
Reachable since 16-12-2025
Company details

Annual accounts to 30-06-2025

≈ €440,000estimated
€134,418▲ 14.7%
Filing
Filed on 16-01-2026, 15 days before the end of the filing period
Financials

Insights on I LUNGA PROJECTS

I LUNGA PROJECTS files the abbreviated format. That format states no turnover. The gross margin rose from €52,478 in 2016 to €87,309 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about I LUNGA PROJECTS

What is the company number of I LUNGA PROJECTS?
The company number of I LUNGA PROJECTS is 0632.491.072. The VAT number is the same number with BE in front: BE 0632.491.072.
Where is I LUNGA PROJECTS based?
The registered office is at Haaggatstraat 100, 3071 Kortenberg.Company details
What does I LUNGA PROJECTS do?
According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
What is the legal form of I LUNGA PROJECTS?
I LUNGA PROJECTS is a private limited company (BV).
When was I LUNGA PROJECTS founded?
I LUNGA PROJECTS was founded on 16-06-2015.
Is I LUNGA PROJECTS still active?
Yes, I LUNGA PROJECTS is an active enterprise in the KBO register.
What is the turnover of I LUNGA PROJECTS?
The turnover in financial year 2025 is ≈ €440,000. This figure is estimated from the gross margin of €87,309 and 40 comparable companies (NACE 461). It probably lies between €190,000 and €1.1m.Financials
Is I LUNGA PROJECTS profitable?
In financial year 2025, I LUNGA PROJECTS made a profit of €57,352.
Where can I find the annual accounts of I LUNGA PROJECTS?
I LUNGA PROJECTS filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of I LUNGA PROJECTS due?
I LUNGA PROJECTS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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