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LB Project

Active Private limited companyfounded 2025active for 1 yearPatersstraat 100, 2300 TurnhoutKBO/BCE: BE 1022.564.595

Lifetime

1 annual account with figures
peak €79,447 (2025)
€79,447 
peak €47,721 (2025)
€47,721 
peak €49,721 (2025)
€49,721 
€52,524 
Board4 names since 2025
1 director
Documentsfilings and deeds
28-09-202659 days late
2025micro format
Appointment: (director) 21-10Incorporation 24-041 establishment registeredFirst year with figures

Key points

from the 2025 annual accounts

Board

1 joined · 2 left

Board changed. Latest change 30-09-2026 · 2 in office.

Position in the sector

€47,721

Higher net result than 85% of companies in specialised construction. Sector median €9,999 · 37,159 companies.

2025 accounts filed 59 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 11,278 companies had the same profile as LB Project has now. Each dot stands for 29 companies, two years later.

96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 11,278 companies, not a prediction for LB Project. 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

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Signals

Board and ownership

Director
Director
  • all the sharesdeed of 03-11-2026
Board & ownership

Recent changes

Registered office moved from Balen to Turnhout Transfer of shares from to · New registered office: Patersstraat 100 2300 Turnhout · Previous registered office: Wateringstraat 26, 2490 Balen · General meeting of 30-09-2026 · Gazette deed
Resignation: (director) Director discharge: · General meeting of 31-12-2025 · Gazette deed
Appointment: (director) General meeting of 08-09-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:1022564595
All 7 events

Comparable companies

same main activity, similar in size and age
Company
LB Project Turnhout €102,245 €79,447 48.6% -
Pyfferoen & Co Oostkamp €113,881 €84,482 52.2% -
Solution Altitude Nivelles €93,240 €71,847 48.1% -
MAHY ERIC & FILS Manhay €122,284 €88,787 36.4% -
DUVAUX RENOV Dour €86,707 €78,287 27.3% -
MT-Line Bornem €124,862 €57,474 30.1% -
PE CONSTRUCT Zandhoven €120,773 €105,563 58.9% -

These companies have the same main activity as LB Project: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €86,700 and €125,000, founded between 2024 and 2025.

Official details

Source: KBO
Status
Active since 22-04-2025Normal situation
Registered office
129 active companies are registered at this address14 started in the 12 months before. Source: KBO register, as of 12 November 2026.
Activity
Other specialised construction activitiesNACE 43990and 4 others
Establishment unit
2.372.808.1592490 Balen, since 22-04-2025
Financial year end
31 December
Peppol
Reachable since 29-04-2025
Company details

Annual accounts 2025

≈ €400,000estimated
€102,245
≈ 0.4 FTEestimated
Filing
Filed on 28-09-2026
Financials

Insights on LB Project

The 2025 annual accounts show equity of €49,721 and a net result of €47,721. Its solvency ranks better than 52% of 37,177 sector peers (NACE 43, financial year 2025).

The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

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 LB Project

What is the company number of LB Project?
The company number of LB Project is 1022.564.595. The VAT number is the same number with BE in front: BE 1022.564.595.
Where is LB Project based?
The registered office is at Patersstraat 100, 2300 Turnhout.Company details
What does LB Project do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of LB Project?
LB Project is a private limited company (BV).
When was LB Project founded?
LB Project was founded on 22-04-2025.
Is LB Project still active?
Yes, LB Project is an active enterprise in the KBO register.
What is the turnover of LB Project?
The turnover in financial year 2025 is ≈ €400,000. This figure is estimated from the gross margin of €79,447 and 68 comparable companies (NACE 43990). It probably lies between €300,000 and €830,000.Financials
Is LB Project profitable?
In financial year 2025, LB Project made a profit of €47,721.
Where can I find the annual accounts of LB Project?
LB Project filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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