L INTERIOR PROJECTS
ActiveSummary
L INTERIOR PROJECTS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €247,893. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 45% of 7900 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▼-1
Solvency65▼-25
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity ample (current ratio 2.47 against 3.96 in 2024; short-term debt: 16.3% and cash: 20.8% of total assets), but 59.6% of the assets are financed with debt.
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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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
40.4%
Return on assets
9.3%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 08-10-2025, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
2 d early
2023
on the day
2022
10 d late
2021
3 d early
2020
on the day
2019
1 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#7 company by total assets in Londerzeel, Construction sector#10 company by equity in Londerzeel, Construction sector
Equity
€1.1m▲ 16.0%
2024 · €925,942
Total assets
€2.7m▲ 85.3%
2024 · €1.4m
Net result
€247,893▲ 71.8%
2024 · €144,277
Working capital
€635,736▼ 14.5%
2024 · €743,250
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€124,372▼ 59.3%€184,480▲ 48.3%€140,772▼ 23.7%€205,968▲ 46.3%€358,496▲ 74.1%
Net result€85,147▼ 57.7%€125,781▲ 47.7%€95,454▼ 24.1%€144,277▲ 51.1%€247,893▲ 71.8%
Equity€560,430▲ 17.9%€686,211▲ 22.4%€781,665▲ 13.9%€925,942▲ 18.5%€1.1m▲ 16.0%
Total assets€1.1m▼ 18.4%€1.4m▲ 22.8%€1.5m▲ 4.9%€1.4m▼ 2.1%€2.7m▲ 85.3%
Debt€578,817▼ 37.1%€712,436▲ 23.1%€684,823▼ 3.9%€509,605▼ 25.6%€1.6m▲ 211%
Working capital€429,413▼ 21.2%€651,182▲ 51.6%€653,410▲ 0.3%€743,250▲ 13.7%€635,736▼ 14.5%
Staff (FTE)7.3▲ 4.3%8.4▲ 15.1%8.1▼ 3.6%8▼ 1.2%5.6▼ 30.0%
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 74% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.7m
Fixed assets
€1.6m ▲ 261%
Current assets
€1.1m ▲ 7.4%
Equity and liabilities €2.7m
Equity
€1.1m ▲ 16.0%
Debt
€1.6m ▲ 211%
Debt's share of the balance-sheet total rises from 35.5% to 59.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€401,823▲
2024 · €241,160
Cash flow
€291,221▲
2024 · €179,469
Current ratio
2.47▼
2024 · 3.96
Quick ratio
2.17▼
2024 · 3.47
Debt to equity
1.48▲
2024 · 0.55
ROE
23.1%▲
2024 · 15.6%
ROA
9.3%▼
2024 · 10.1%
Interest coverage
11.32▼
2024 · 16.65
Debt ≤ 1 year
€432,542▲
2024 · €251,422
Debt > 1 year
€1.1m▲
2024 · €215,929
Income taxes
€90,991▲
2024 · €63,215
Staff costs
€359,481▼
2024 · €499,007
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,672 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €18,800 | €0 | €1,653 | €36,029 | ▲ 2,080% |
| Remuneration, social security and pensions62 | - | €423,618 | €459,280 | €499,007 | €359,481 | ▼ 28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €64,698 | €28,819 | €29,603 | €35,192 | €43,327 | ▲ 23.1% |
| Other operating charges640/8 | - | €15,499 | €20,245 | €16,976 | €17,265 | ▲ 1.7% |
| Gross operating margin9900 | €601,854 | €652,416 | €649,900 | €757,143 | €778,569 | ▲ 2.8% |
| Operating profit (loss)9901 | €124,372 | €184,480 | €140,772 | €205,968 | €358,496 | ▲ 74.1% |
| Financial income75/76B | - | €8,529 | €12,770 | €16,011 | €15,882 | ▼ 0.8% |
| Recurring financial income75 | €7,300 | €8,529 | €12,770 | €16,011 | €15,882 | ▼ 0.8% |
| Financial charges65/66B | - | €13,484 | €19,112 | €14,487 | €35,495 | ▲ 145% |
| Recurring financial charges65 | €15,834 | €13,484 | €19,112 | €14,487 | €35,495 | ▲ 145% |
| Profit (loss) for the period before taxes9903 | €115,839 | €179,525 | €134,430 | €207,492 | €338,884 | ▲ 63.3% |
| Income taxes67/77 | €30,692 | €53,744 | €38,976 | €63,215 | €90,991 | ▲ 43.9% |
| Profit (loss) for the period9904 | €85,147 | €125,781 | €95,454 | €144,277 | €247,893 | ▲ 71.8% |
| Profit (loss) for the period to be appropriated9905 | €85,147 | €125,781 | €95,454 | €144,277 | €247,893 | ▲ 71.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.4m | €1.5m | €1.4m | €2.7m | ▲ 85.3% |
| Fixed assets21/28 | €442,799 | €414,743 | €414,029 | €440,876 | €1.6m | ▲ 261% |
| Tangible fixed assets22/27 | €422,437 | €392,448 | €394,434 | €421,281 | €1.6m | ▲ 273% |
| Land and buildings22 | - | €336,229 | €327,439 | €323,937 | €652,695 | ▲ 101% |
| Plant, machinery and equipment23 | - | €9,385 | €3,862 | €3,661 | €3,399 | ▼ 7.2% |
| Furniture and vehicles24 | - | €46,834 | €34,427 | €44,699 | €25,986 | ▼ 41.9% |
| Leasing and similar rights25 | - | €0 | €28,706 | €48,983 | €37,724 | ▼ 23.0% |
| Assets under construction and advance payments27 | - | - | - | - | €852,638 | - |
| Financial fixed assets28 | €20,362 | €22,295 | €19,595 | €19,595 | €19,395 | ▼ 1.0% |
| Current assets29/58 | €696,449 | €983,905 | €1.1m | €994,672 | €1.1m | ▲ 7.4% |
| Stocks and contracts in progress3 | €61,083 | €97,820 | €130,998 | €123,103 | €129,283 | ▲ 5.0% |
| Stocks30/36 | - | €76,463 | €130,998 | €123,103 | €129,283 | ▲ 5.0% |
| Contracts in progress37 | - | €21,356 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €257,628 | €283,322 | €513,135 | €371,248 | €364,981 | ▼ 1.7% |
| Trade receivables40 | - | €205,108 | €241,723 | €85,349 | €331,407 | ▲ 288% |
| Other amounts receivable41 | - | €78,214 | €271,413 | €285,898 | €33,575 | ▼ 88.3% |
| Cash at bank and in hand54/58 | €369,347 | €589,590 | €390,907 | €481,823 | €551,976 | ▲ 14.6% |
| Deferred charges and accrued income490/1 | - | €13,173 | €17,418 | €18,497 | €22,038 | ▲ 19.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.4m | €1.5m | €1.4m | €2.7m | ▲ 85.3% |
| Equity10/15 | €560,430 | €686,211 | €781,665 | €925,942 | €1.1m | ▲ 16.0% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €479,334 | €605,115 | €700,569 | €844,846 | €992,739 | ▲ 17.5% |
| Distributable reserves133 | - | €605,115 | €700,569 | €844,846 | €992,739 | ▲ 17.5% |
| Profit (loss) carried forward14 | €62,496 | €62,496 | €62,496 | €62,496 | €62,496 | = |
| Amounts payable17/49 | €578,817 | €712,436 | €684,823 | €509,605 | €1.6m | ▲ 211% |
| Amounts payable after more than one year17 | €308,347 | €256,060 | €238,855 | €215,929 | €1.1m | ▲ 432% |
| Financial debts170/4 | - | €256,060 | €238,855 | €215,929 | €1.1m | ▲ 432% |
| Amounts payable within one year42/48 | €267,036 | €332,723 | €399,049 | €251,422 | €432,542 | ▲ 72.0% |
| Current portion of amounts payable after more than one year42 | - | €45,556 | €46,184 | €44,543 | €58,277 | ▲ 30.8% |
| Trade debts44 | €176,388 | €251,285 | €312,347 | €192,460 | €172,424 | ▼ 10.4% |
| Suppliers440/4 | - | €251,285 | €312,347 | €192,460 | €172,424 | ▼ 10.4% |
| Advances received on contracts in progress46 | - | - | - | - | €122,000 | - |
| Taxes, remuneration and social security45 | - | €35,881 | €40,518 | €14,419 | €26,790 | ▲ 85.8% |
| Taxes450/3 | - | - | - | - | €14,717 | - |
| Remuneration and social security454/9 | - | €35,881 | €40,518 | €14,419 | €12,073 | ▼ 16.3% |
| Other amounts payable47/48 | - | - | - | - | €53,051 | - |
| Accrued charges and deferred income492/3 | - | €123,654 | €46,919 | €42,255 | €4,891 | ▼ 88.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €85,147 | €125,781 | €95,454 | €144,277 | €247,893 | ▲ 71.8% |
| + Depreciation and write-downs630 | €64,698 | €28,819 | €29,603 | €35,192 | €43,327 | ▲ 23.1% |
| Operating cash flow (approximation) | €149,845 | €154,600 | €125,057 | €179,469 | €291,221 | ▲ 62.3% |
| Investment in fixed assets (approximation) | - | -€764 | -€28,889 | -€62,039 | -€1.2m | ▼ 1,825% |
| Change in cash | - | €220,243 | -€198,683 | €90,916 | €70,153 | ▼ 22.8% |
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
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Highest result since 2019net €247,893 ▲71.8%
Operating result €358,496, net result €247,893, both a record.
31-03
Financial
Equity above €1mEq €1.1m ▲16%
7 profitable years in a row build equity to €1.1m.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
10-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 10 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Weakest financial yearnet €85,147 ▼57.7%
Net result drops to €85,147, the lowest in the series; recovery starts the following year.
31-03
Financial
Equity above €500,000Eq €560,430 ▲17.9%
3 profitable years in a row build equity to €560,430.
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 1 day late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 1 day late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 1 day late
2016
06-10
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 6 acts read
About the unread acts
We know of 6 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
6 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, Londerzeel · 1 establishment unit since 2008
Ground area
6,233 m²
Building footprint
1,149 m²
Parcel 23045D0673/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
L INTERIOR PROJECTS
since 20082.171.308.970
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23045D0673/00A000 | Flanders | 6,233 m² | 1 · 1,149 m² | - |
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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 3 entries · 2,904 EUR awarded · 2,904 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 153 EUR | 153 EUR |
| 2024 | 2 | 2,751 EUR | 2,751 EUR |
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,420. 3,124 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
Founded11-06-2008
Fiscal year end31-03
Activities, NACEBEL 2025
43120Site preparation
43990Other specialised construction activities
42911Civil engineering
43130Specialised construction activities
43230Insulation installation
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0898494568
Also
9925:BE0898494568
Registered
10-02-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.