L&S Projects
ActiveThe computed 12-month bankruptcy probability of L&S Projects is 2.2% (moderate). The 2025 annual accounts show equity of €18k and a net result of €1k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 28% of 7331 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+3
Solvency47▲+4
Growth52▲+20
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.03 in 2024; short-term debt: 78.1% and cash: 1.7% of total assets), and 78.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
21.9%
Return on assets
1.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
2 d early
2024
18 d late
2023
114 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€18k▲ 7.6%
2024 · €17k
2023: €18k
2024: €17k
2023 → 2025
Total assets
€82k▼ 13.1%
2024 · €95k
2023: €95k
2024: €95k
2023 → 2025
Net result
€1k
2024 · €-919
2023: €15k
2024: €-919
2023 → 2025
Working capital
€14k▲ 510%
2024 · €2k
2023: €-4k
2024: €2k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€18k-€17k▼ 5.2%€18k▲ 7.6%
Operating result€20k-€300▼ 98.5%€2k▲ 637%
Net result€15k-€-919€1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 637% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82k
Fixed assets
€4k▼ 69.7%
Current assets
€78k▼ 2.8%
Equity and liabilities €82k
Equity
€18k▲ 7.6%
Debt
€64k▼ 17.5%
The debt ratio falls from 82.3% to 78.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4k▼
2024 · €7k
Cash flow
€3k▼
2024 · €6k
Solvency
21.9%▲
2024 · 17.7%
Current ratio
1.21▲
2024 · 1.03
Quick ratio
1.21▲
2024 · 1.03
Debt / equity
3.57▼
2024 · 4.66
ROE
7.1%▲
2024 · -5.5%
ROA
1.6%▲
2024 · -1.0%
Interest coverage
6.52▼
2024 · 9.42
Debt
€64k▼
2024 · €78k
Debt ≤ 1 year
€64k▼
2024 · €78k
Income taxes
€610▲
2024 · €504
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€95k€82k▼
Fixed assets21/28€15k€4k▼
Tangible fixed assets22/27€15k€4k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€10k€1k▼
Current assets29/58€80k€78k▼
Amounts receivable within one year40/41€77k€76k▼
Trade receivables40€76k€72k▼
Other amounts receivable41€1k€4k▲
Cash at bank and in hand54/58€1k€1k▲
Deferred charges and accrued income490/1€2k€270▼
Equity and liabilities
Total equity and liabilities10/49€95k€82k▼
Equity10/15€17k€18k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€14k€15k▲
Amounts payable17/49€78k€64k▼
Amounts payable within one year42/48€78k€64k▼
Trade debts44€63k€60k▼
Suppliers440/4€63k€60k▼
Taxes, remuneration and social security45€5k€610▼
Taxes450/3€5k€610▼
Other amounts payable47/48€10k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€2k▼
Other operating charges640/8€3k€428▼
Non-recurring operating charges66A€6k€7k▲
Gross operating margin9900€16k€12k▼
Operating profit (loss)9901€300€2k▲
Financial income75/76B€10€279▲
Recurring financial income75€10€279▲
Financial charges65/66B€724€604▼
Recurring financial charges65€724€604▼
Profit (loss) for the period before taxes9903€-414€2k▲
Income taxes67/77€504€610▲
Profit (loss) for the period9904€-919€1k▲
Profit (loss) for the period to be appropriated9905€-919€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€15k▲
Profit (loss) brought forward from the previous period14P€15k€14k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
31-12
Financial
Weakest financial yearnet €-919 ▼106%
Net result drops to €-919, the lowest in the series; recovery starts the following year.
22-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 114 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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 2022
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.
Terbeek 413800 Sint-TruidenGround area
355 m²
Building footprint
330 m²
Volume, LiDAR
1,554 m³
Parcel 71352A0208/00C000, Flanders · tallest building 9.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
L&S Projects
since 20222.335.181.661
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71352A0208/00C000 | Flanders | 355 m² | 1 · 330 m² | 9.4 m · 1 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
LUCIAN CONSTRUCT
BE 0756.747.082
Oostende · Eq €18k
JASPER SEGERS
BE 0783.436.930
Puurs-Sint-Amands · Eq €18k
DIMITRI VION
BE 0759.413.493
Herzele · Eq €18k
ERA CONSTRUCT
BE 0457.897.111
Oostende · Eq €18k
CONDOR
BE 0477.516.251
Bornem · Eq €18k
Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 11,252 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-08-2022
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.