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L-PROJECTS

Active
Private limited companyfounded 201114 yrs activeGroenstraat 5920, 3800 Sint-Truiden, BelgiumKBO/BCE: BE 0841.212.209

L-PROJECTS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €231k and a net result of €101. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 48% of 14038 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
67 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+12
Solvency52=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity short (current ratio 0.59 against 0.71 in 2024; short-term debt: 21.4% and cash: 0.2% of total assets), and 72.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 14 years 0 20 y
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 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
30 d early
2023
27 d early
2021
27 d early
2020
4 d early
2019
7 d early
2018
15 d early
← before the deadline after the deadline →
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 months
Position in the running window
31-03-2026 close20-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€231k=
2024 · €231k
2019: €150k 2020: €229k 2021: €214k 2023: €230k 2024: €231k
2019 → 2025
Total assets
€843k▼ 2.8%
2024 · €867k
2019: €931k 2020: €932k 2021: €1.21M 2023: €1.07M 2024: €867k
2019 → 2025
Net result
€101▼ 60.3%
2024 · €255
2019: €4k 2020: €79k 2021: €-15k 2023: €17k 2024: €255
2019 → 2025
Working capital
€-74k▼ 53.6%
2024 · €-48k
2019: €-2k 2020: €-23k 2021: €-230k 2023: €-41k 2024: €-48k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202320242025Trend
Equity€229k-€214k▼ 6.7%€230k▲ 7.8%€231k▲ 0.1%€231k=
Operating result€110k-€-5k€38k€12k▼ 70.0%€5k▼ 58.4%
Net result€79k-€-15k€17k€255▼ 98.5%€101▼ 60.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2020: €110k€110kNet result 2020: €79k€79kOperating result 2021: €-5k€-5kNet result 2021: €-15k€-15kOperating result 2023: €38k€38kNet result 2023: €17k€17kOperating result 2024: €12k€12kNet result 2024: €255€255Operating result 2025: €5k€5kNet result 2025: €101€10120202021202320242025
The operating result has fallen two years in a row; 2025 is 58% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €843k
Fixed assets €737k▼ 1.8%
Current assets €106k▼ 9.1%
Equity and liabilities €843k
Equity €231k=
Debt €612k▼ 3.8%
The debt ratio falls from 73.4% to 72.6%. Debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€61k
2024 · €65k
Cash flow
€56k
2024 · €54k
Solvency
27.4%
2024 · 26.6%
Current ratio
0.59
2024 · 0.71
Quick ratio
0.59
2024 · 0.71
Debt / equity
2.66
2024 · 2.76
ROE
0.0%
2024 · 0.1%
ROA
0.0%
2024 · 0.0%
Interest coverage
7.63
2024 · 4.59
Debt
€612k
2024 · €637k
Debt ≤ 1 year
€180k
2024 · €165k
Debt > 1 year
€432k
2024 · €472k
Income taxes
€923
2024 · €999
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€867k€843k
Fixed assets21/28€751k€737k
Tangible fixed assets22/27€751k€737k
Land and buildings22€717k€681k
Furniture and vehicles24€33k€23k
Leasing and similar rights25-€34k
Current assets29/58€116k€106k
Amounts receivable within one year40/41€99k€93k
Trade receivables40€8k€7k
Other amounts receivable41€90k€86k
Cash at bank and in hand54/58€10k€2k
Deferred charges and accrued income490/1€8k€11k
Equity and liabilities
Total equity and liabilities10/49€867k€843k
Equity10/15€231k€231k=
Contributions10/11€150k€150k=
Reserves13€81k€81k
Distributable reserves133€81k€81k
Amounts payable17/49€637k€612k
Amounts payable after more than one year17€472k€432k
Financial debts170/4€472k€432k
Amounts payable within one year42/48€165k€180k
Current portion of amounts payable after more than one year42€67k€74k
Trade debts44€75k€97k
Suppliers440/4€75k€97k
Advances received on contracts in progress46-€8k
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Other amounts payable47/48€22k€2k
Income statement Code20242025
Non-recurring operating income76A€89k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€56k
Other operating charges640/8€8k€8k
Gross operating margin9900€74k€69k
Operating profit (loss)9901€12k€5k
Financial income75/76B€4k€4k
Recurring financial income75€4k€4k
Financial charges65/66B€14k€8k
Recurring financial charges65€14k€8k
Profit (loss) for the period before taxes9903€1k€1k
Income taxes67/77€999€923
Profit (loss) for the period9904€255€101
Profit (loss) for the period to be appropriated9905€255€101
Appropriation of the result
Profit (loss) to be appropriated9906€255€101
Transfer to equity691/2€255€101
To other reserves6921€255€101

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
29-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
01-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
04-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial Back to profitnet €17k
Net result €17k after one loss-making year.
2022
04-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Weakest financial yearnet €-15k ▼119%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
27-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial Highest result since 2019net €79k ▲1739%
Operating result €110k, net result €79k, both a record.
30-06
Financial Equity above €200kEq €229k ▲52.3%
2 profitable years in a row build equity to €229k.
24-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
16-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
11-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
25-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
14-01
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Sint-Truiden · 1 establishment unit since 2012
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Groenstraat 59203800 Sint-Truiden
Ground area
2.8 ha
Building footprint
1.4 ha
Volume, LiDAR
126,626 m³
Parcel 71009A0049/00M000, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Groenstraat 5920, 3800 Sint-Truiden
Financial service activities, except insurance and pension funding
since 20122.207.742.863
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71009A0049/00M000 Flanders 2.8 ha 1 · 1.4 ha 11.9 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 4,309 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded22-11-2011
Fiscal year end31-03
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
66199Other activities auxiliary to financial services, excluding insurance and pension funding
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.