Turnover
≈ €110,000 estimated
The micro format states no turnover.
LAI projects
Lifetime
8 annual accounts with figures on one time axispeak €39,422 (2025)
€39,422▲ 25.2%
lowest -€12,507 (2022)
€12,132▲ 52.2%
peak €25,539 (2025)
€25,539▲ 90.5%
€43,133▼ 37.1%
Board2 names since 2017
1 directorHERREMANS Gertjan
Owners2 names in the annual accounts
Documentsfilings and deeds
26-01-20265 days before the deadline
2025micro format
Gross margin from €31,485 to €39,422Result from €7,969 to €12,132Equity from €13,408 to €25,539Debts from €68,591 to €43,133Cash from €5,470 to €2,156
Key points
from the 2025 annual accountsChecked score
89
Excellent
Financially stronger than 51% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,829 companies (NACE 71, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.4%▲ +0.1 percentage points vs 12-2024highest value
02-2025: 0.3%▼ -0.1 percentage points vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.2%▼ -0.1 percentage points vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.3%▲ +0.1 percentage points vs 12-2025
02-2026: 0.2%▼ -0.1 percentage points vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 0.98, cash €2,156, halved
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Size: total assets €68,673
Figures for financial year 2025 (filed on 28-01-2026)
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 71, micro). It does better than 36% of them on solvency, 13% on liquidity, 65% on profitability and 90% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as LAI projects has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LAI projects itself is lower: 0.2% within 12 months. It rests on far more data about LAI projects than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for LAI projects. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.98 (0.51 in 2024), below 1. Short-term debt is 46.4% and cash 3.1% of total assets. 62.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €25,539
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
5 days early
2024
11 days early
2023
16 days early
2022
1 day early
2021
38 days early
2020
5 days early
2019
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 20 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end11-11-2026 today31-01-2027 deadline
Board and ownership
- Filip Vanderlinden 50%annual accounts 30-06-2018
- Gertjan Herremans 50%annual accounts 30-06-2018
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0672914239
Registered office moved from Herzele to Ninove
New registered office: Groenstraat 144, 9400 Ninove · Previous registered office: Bergestraat 49/3, 9550 Herzele · Resignations: VANDERLINDEN Filip (director) and HERREMANS Gertjan (director) · General meeting of 28-12-2020 · Gazette deed
First establishment
Groenstraat 144, Ninove
Incorporation
Founders: HERREMANS Gertjan and VANDERLINDEN Filip · Founding capital of €18,600, 100 shares · Appointments: HERREMANS Gertjan (manager) and VANDERLINDEN Filip (manager) · published on 24-03-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LAI projects Ninove | €68,673 | €39,422 | 37.2% | - |
| GEOBEVAN Nazareth-De Pinte | €80,731 | €32,452 | 91.7% | - |
| Topovision Kapelle-op-den-Bos | €78,828 | €34,442 | 68.7% | - |
| Landmeter Soenen Nieuwpoort | €86,205 | €36,356 | 75.5% | - |
| BUREAU GEOLEC Nandrin | €94,831 | €47,039 | 74.3% | - |
| T-LaB Maarkedal | €71,454 | €67,243 | 49.8% | - |
| Landmeter Van Limbergen Lede | €103,155 | €26,570 | 53.2% | - |
These companies have the same main activity as LAI projects: land surveying (NACE 71122). They are comparable in size and age: total assets between €71,500 and €103,000, founded between 2015 and 2019.
Official details
Source: KBO- Status
- Active since 22-03-2017Normal situation
- Activity
- Land surveyingNACE 71122and 3 others
- Establishment unit
- 2.263.947.9309400 Ninove, since 20-04-2017
- Financial year end
- 30 June
- Peppol
- Reachable since 31-10-2023
Annual accounts to 30-06-2025
- €68,673▼ 16.3%
- Filing
- Filed on 26-01-2026, 5 days before the end of the filing period
Insights on LAI projects
LAI projects files the micro format. That format states no turnover. The gross margin rose from -€1,770 in 2018 to €39,422 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LAI projects
- What is the company number of LAI projects?
- The company number of LAI projects is 0672.914.239. The VAT number is the same number with BE in front: BE 0672.914.239.
- Where is LAI projects based?
- The registered office is at Groenstraat 144, 9400 Ninove.Company details
- What does LAI projects do?
- According to the KBO register, the main activity is land surveying (NACE 71122).
- What is the legal form of LAI projects?
- LAI projects is a private limited company (BV).
- When was LAI projects founded?
- LAI projects was founded on 22-03-2017.
- Is LAI projects still active?
- Yes, LAI projects is an active enterprise in the KBO register.
- What is the turnover of LAI projects?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €39,422 and 53 comparable companies (NACE 711). It probably lies between €82,000 and €160,000.Financials
- Is LAI projects profitable?
- In financial year 2025, LAI projects made a profit of €12,132.
- Where can I find the annual accounts of LAI projects?
- LAI projects filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LAI projects due?
- LAI projects must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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