LAG PROJECT
ActiveSummary
The computed 12-month bankruptcy probability of LAG PROJECT is 6.6% (elevated). For LAG PROJECT, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €23,677 and a net result of €9,248. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability96▼-4
Solvency81▲+16
Growth52
Track record94
Bankruptcy probability, 12 months
6.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
+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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
56.3%
Return on assets
22%
Age of the figures
30 mo
raises risk · Annual accounts not filed
The financial year that closed on 31-03-2025 was due at the National Bank by 31-10-2025. Nothing is on record, 332 days later.
NBB · 2 filingsPosition against the passed deadline
31-03-2025 close31-10-2025 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 11-10-2024, 20 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
20 d early
2023
15 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 18 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€23,677▲ 64.1%
2023 · €14,429
Total assets
€42,073▲ 16.0%
2023 · €36,267
Net result
€9,248▼ 1.9%
2023 · €9,429
Working capital
€18,021▲ 363%
2023 · €3,890
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
Line20232024
Operating result€14,581-€13,156▼ 9.8%
Net result€9,429-€9,248▼ 1.9%
Equity€14,429-€23,677▲ 64.1%
Total assets€36,267-€42,073▲ 16.0%
Debt€21,839-€18,396▼ 15.8%
Working capital€3,890-€18,021▲ 363%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 10% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €42,073
Fixed assets
€5,655 ▼ 46.3%
Current assets
€36,418 ▲ 41.5%
Equity and liabilities €42,073
Equity
€23,677 ▲ 64.1%
Debt
€18,396 ▼ 15.8%
Debt's share of the balance-sheet total falls from 60.2% to 43.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14,103▼
2023 · €15,282
Cash flow
€10,195▲
2023 · €10,130
Current ratio
1.98▲
2023 · 1.18
Debt to equity
0.78▼
2023 · 1.51
ROE
39.1%▼
2023 · 65.3%
ROA
22.0%▼
2023 · 26.0%
Interest coverage
14.61▼
2023 · 22.69
Debt ≤ 1 year
€18,396▼
2023 · €21,839
Income taxes
€2,943▼
2023 · €4,478
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €701 | €947 | ▲ 35.0% |
| Other operating charges640/8 | - | €3,715 | - |
| Gross operating margin9900 | €15,282 | €17,818 | ▲ 16.6% |
| Operating profit (loss)9901 | €14,581 | €13,156 | ▼ 9.8% |
| Financial income75/76B | €0 | €0 | ▼ 50.0% |
| Recurring financial income75 | €0 | €0 | ▼ 50.0% |
| Financial charges65/66B | €674 | €966 | ▲ 43.3% |
| Recurring financial charges65 | €674 | €966 | ▲ 43.3% |
| Profit (loss) for the period before taxes9903 | €13,907 | €12,191 | ▼ 12.3% |
| Income taxes67/77 | €4,478 | €2,943 | ▼ 34.3% |
| Profit (loss) for the period9904 | €9,429 | €9,248 | ▼ 1.9% |
| Profit (loss) for the period to be appropriated9905 | €9,429 | €9,248 | ▼ 1.9% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €36,267 | €42,073 | ▲ 16.0% |
| Fixed assets21/28 | €10,539 | €5,655 | ▼ 46.3% |
| Tangible fixed assets22/27 | €6,639 | €1,755 | ▼ 73.6% |
| Furniture and vehicles24 | €6,639 | €1,755 | ▼ 73.6% |
| Financial fixed assets28 | €3,900 | €3,900 | = |
| Current assets29/58 | €25,728 | €36,418 | ▲ 41.5% |
| Amounts receivable within one year40/41 | €24,029 | €35,364 | ▲ 47.2% |
| Trade receivables40 | €3,274 | €10,000 | ▲ 205% |
| Other amounts receivable41 | €20,755 | €25,364 | ▲ 22.2% |
| Cash at bank and in hand54/58 | €484 | €1,053 | ▲ 118% |
| Deferred charges and accrued income490/1 | €1,215 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €36,267 | €42,073 | ▲ 16.0% |
| Equity10/15 | €14,429 | €23,677 | ▲ 64.1% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €9,429 | €18,677 | ▲ 98.1% |
| Amounts payable17/49 | €21,839 | €18,396 | ▼ 15.8% |
| Amounts payable within one year42/48 | €21,839 | €18,396 | ▼ 15.8% |
| Financial debts43 | - | €19 | - |
| Credit institutions430/8 | - | €19 | - |
| Trade debts44 | €15,303 | €12,999 | ▼ 15.1% |
| Suppliers440/4 | €15,303 | €12,999 | ▼ 15.1% |
| Taxes, remuneration and social security45 | €6,536 | €5,379 | ▼ 17.7% |
| Taxes450/3 | €3,736 | €5,379 | ▲ 44.0% |
| Remuneration and social security454/9 | €2,800 | - | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €9,429 | €9,248 | ▼ 1.9% |
| + Depreciation and write-downs630 | €701 | €947 | ▲ 35.0% |
| Operating cash flow (approximation) | €10,130 | €10,195 | ▲ 0.6% |
| Investment in fixed assets (approximation) | - | €3,937 | - |
| Change in cash | - | €569 | - |
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
2024
11-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
16-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Anderlecht · 1 establishment unit since 2021
Ground area
2,522 m²
Building footprint
217 m²
Volume, LiDAR
737 m³
Parcel 21302A0076/00T004, Brussels · tallest building 4.8 m, ±1 floor. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
LAG PROJECT
since 20212.326.090.088
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21302A0076/00T004 | Brussels | 2,522 m² | 1 · 216 m² | 4.8 m · 1 fl. |
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.
Identification & contact
Identification
Legal formPrivate limited company
Founded29-09-2021
Fiscal year end31-03
E-invoicing
Reachable via Peppol
Peppol ID
0208:0774737416
Also
9925:BE0774737416
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.