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L&S Projects

Active
Private limited companyfounded 2022active for 4 yearsTerbeek 41, 3800 Sint-Truiden, BelgiumKBO/BCE: BE 0789.709.860
Summary

The computed 12-month bankruptcy probability of L&S Projects is 5.2% (elevated). The 2025 annual accounts show equity of €18,014 and a net result of €1,276. Equity has been stable since 2023 (±1% per year). Its solvency ranks better than 28% of 9,380 sector peers (NACE 41, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 17-08-2022 Normal situation
Activity
General construction of residential buildings NACE 41001
Establishment unit
2.335.181.661 3800 Sint-Truiden, since 17-08-2022
Financial year end
31 December
Peppol
Reachable since 27-01-2026

Board and ownership

Financial position

37 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.2%
Annual accounts 2025
Gross margin
€11,675
▼ 26.5%
Turnover
≈ €140,000
estimated
Profit
€1,276
Equity
€18,014
▲ 7.6%
Total assets
€82,317
▼ 13.1%
Filed on 29-07-2026, 2 days before the deadline
Score breakdownraises riskFounded in 2022Sector: Construction of residential and non-residential buildings (NACE 41)Size: total assets €82,3171 of the last 3 accounts lateShow the evidence

Checked score

Score 2025
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 33% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Weak
Solvency 47+4
equity 21.9% of total assets
Liquidity 10+4
short-term debt 78.1% · cash 1.7%
Profitability 71+3
return on assets 1.6%
Bankruptcy probability within 12 months
5.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,452 companies, NACE 41, micro)
Last 24 months 12-2024: 9.4%highest value 01-2025: 9.4%● unchanged vs 12-2024highest value 02-2025: 9.4%● unchanged vs 01-2025highest value 03-2025: 9.4%● unchanged vs 02-2025highest value 04-2025: 9.3%▼ -0.1 percentage points vs 03-2025 05-2025: 9.3%● unchanged vs 04-2025 06-2025: 9.0%▼ -0.3 percentage points vs 05-2025 07-2025: 8.8%▼ -0.2 percentage points vs 06-2025 08-2025: 9.3%▲ +0.5 percentage points vs 07-2025 09-2025: 6.1%▼ -3.2 percentage points vs 08-2025 10-2025: 6.1%● unchanged vs 09-2025 11-2025: 6.2%▲ +0.1 percentage points vs 10-2025 12-2025: 6.2%● unchanged vs 11-2025 01-2026: 6.1%▼ -0.1 percentage points vs 12-2025 02-2026: 6.1%● unchanged vs 01-2026 03-2026: 6.0%▼ -0.1 percentage points vs 02-2026 04-2026: 5.4%▼ -0.6 percentage points vs 03-2026 05-2026: 5.4%● unchanged vs 04-2026 06-2026: 5.5%▲ +0.1 percentage points vs 05-2026 07-2026: 5.6%▲ +0.1 percentage points vs 06-2026 08-2026: 5.2%▼ -0.4 percentage points vs 07-2026lowest value 09-2026: 5.2%● unchanged vs 08-2026lowest value 10-2026: 5.2%● unchanged vs 09-2026lowest value 11-2026: 5.2%● unchanged vs 10-2026lowest value
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.21 (1.03 in 2024), below the usual 1.5. Short-term debt is 78.1% and cash 1.7% of total assets. 78.1% of the assets are financed with debt and provisions.
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 41, micro). It does better than 29% of them on solvency, 9% on liquidity, 43% on profitability and 50% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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

Signals

Five signals.
raises riskneutral
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Size: total assets €82,317
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
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 filings
Deviation from the deadline
2025
2 days early
2024
18 days late
2023
114 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 43 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 August (3 of the last 3 accounts filed within 97 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Comparable companies

These companies have the same main activity as L&S Projects: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €71,900 and €89,600, founded between 2022 and 2023.

CompanyTotal assetsGross margin
L&S Projects Sint-Truiden€82,317€11,675
Bouwbedrijf BADQOL Maasmechelen€88,757€11,399
KALIDAD CONSTRUCTION Sint-Pieters-Leeuw€89,637€11,052
LT Construction Sint-Agatha-Berchem€77,823€12,075
Renobibi Torhout€76,014€12,708
ALEXU Meise€71,926€11,664
YNS Destelbergen€76,012€13,636
Full comparison

Key facts about L&S Projects

What is the company number of L&S Projects?
The company number of L&S Projects is 0789.709.860. The VAT number is the same number with BE in front: BE 0789.709.860.
Where is L&S Projects based?
The registered office is at Terbeek 41, 3800 Sint-Truiden.Company details
What does L&S Projects do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of L&S Projects?
The legal form of L&S Projects is Private limited company (BV).
When was L&S Projects founded?
L&S Projects was founded on 17-08-2022.
Is L&S Projects still active?
Yes, L&S Projects is an active enterprise in the KBO register.
What is the turnover of L&S Projects?
The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €11,675 and 268 comparable companies (NACE 41001). It probably lies between €73,000 and €260,000. It is a rough estimate.Financials
Is L&S Projects profitable?
In financial year 2025, L&S Projects made a profit of €1,276.
Where can I find the annual accounts of L&S Projects?
L&S Projects filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of L&S Projects due?
L&S Projects must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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