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LB Project

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

Overview

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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

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

€79,447
≈ €400,000estimated
€47,721
€49,721
€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.

Financials

Annual accounts 2025

micro format, filed on 28-09-2026, 59 days late
€79,447
€64,298
€47,721
€19,984
48.6%
1.38

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €400,000. Estimated: probably between €300,000 and €830,000.

Balance sheet

balance sheet total €102,245 on 31-12-2025
What the company ownsHow it is paid for

Position in the sector

48.6%

Higher than 52% of 37,177 companies in 2025.

1.38

Higher than 36% of 36,472 companies in 2025.

46.7%

Higher than 94% of 36,707 companies in 2025.

LB Project Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025
Balance sheet: assets
20/58 102,245
21/28 29,737
22/27 29,737
24 29,737
29/58 72,508
40/41 59,487
40 50,164
41 9,323
54/58 9,925
490/1 3,096
Balance sheet: equity and liabilities
10/49 102,245
10/15 49,721
10/11 2,000
14 47,721
17/49 52,524
42/48 52,524
44 30,846
440/4 30,846
46 2,150
45 15,965
450/3 15,965
47/48 3,564
Income statement
9900 79,447
62 14,433
630 263
640/8 453
9901 64,298
75/76B 11
75 11
65/66B 624
65 624
9903 63,685
67/77 15,965
9904 47,721
9905 47,721
Appropriation of the result
9906 47,721
Document PDF

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 28-09-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 59 days after the deadline. Filed on 28 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00527458.

Financial year Type Filed Reference Document
31-12-2025 micro format 28-09-2026 2026-00527458 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025
64,561
47,984
30,000
19,984
48.6%
1.38
1.06
96.0%
46.7%
over 100

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item2025
Tangible fixed assets€30,000
€263

Source: notes to the 2025 annual accounts (statement of fixed assets)

Insights on LB Project

Debt's share of the balance-sheet total is 51.4%.

Board & ownership

Board

2 directors, no change since September 2026
Director
appointed by deed of 24-04-2025 term without a fixed end
Director
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 24-04-2025

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today

Director

Director

Director

Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
    • Director, appointed by deed of 24-04-2025, still in office
    • Director, appointed by deed of 03-11-2026, still in office
    • Director, until 30-09-2026
    • Director (not named in the articles), appointed by deed of 21-10-2025, until 31-12-2025

See the board, name and registered office on a given date →

Control

Shares transferred to
This company
LB Project
Equity €49,721
Profit €47,721 in 2025

Capital

Contribution
€2,000
Shares
100
Contribution per share
€20
Equity per share
€497 in 2025
Source
deed of 24-04-2025

Articles of association

deed of 24-04-2025 (in Dutch)
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Thursday of June at 20:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

Share transfer deed of 03-11-2026 ↗
  • to all shares
At incorporation deed of 24-04-2025 ↗
  • founder
  • 100 shares (100%) · €2,000 in cash

The directors' other companies

1 current director with another company that went bankrupt, was dissolved or struck off

1 other company of this director went bankrupt (2026).

  • bankruptcy on 15-01-2026appointed in 2020, still in office

Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.

Network & group

No group

LB Project has no parent and no holdings in its annual accounts.

At the same address

Patersstraat 100, 2300 Turnhout · 128 other companies
Pleegzorg Provincie Antwerpen
establishment since 01-01-2014 · founded in 2013
333 FTE (2025)
0537.963.780
Cattlemeat België
registered office since 27-03-2023 · founded in 2023
0.7 FTE (2025)
0799.972.361
INTEROFFICES
establishment since 01-03-2020 · founded in 2014 · negative equity (2025) · group DORIAN GROEP
8.9 FTE (2025)
0507.698.394
Roshan Vastgoed
registered office since 13-10-2015 · founded in 2015 · accounts filed late
total assets €3.9m (2024)
0640.903.546
CANDEX SOLUTIONS BELGIUM
registered office since 19-07-2021 · founded in 2021
total assets €3.8m (2025)
0771.550.173
Asian Pacific Consultancy
registered office since 31-05-2018 · founded in 2018
total assets €1.8m (2025)
0696.944.802
Asian Netcon Holding
registered office since 31-05-2018 · founded in 2018
total assets €1.8m (2025)
0696.937.872
Fatehs limited company
registered office since 15-12-2016 · founded in 2016
total assets €1.5m (2025)
0667.761.559
GROSZEK BRUGGE XL
registered office since 03-02-2023 · founded in 2023
turnover €1.3m (2023)
0797.987.326
STELLA INTERNATIONAL
registered office since 17-11-2008 · founded in 2008
total assets €1.2m (2025)
0807.848.662
and 118 more

Earlier ties

via , no longer at · Director · deed of 20-07-2020
Open bankruptcy · founded in 2020
turnover €3.0m (2024)
via , at LB Project until 2025 · Director · deed of 11-03-2022
Open bankruptcy
founded in 2021
via , at LB Project until 2025 · Permanent representative · deed of 27-11-2017
founded in 2012 · negative equity (2025)
total assets €39,343 (2025)
via , at LB Project until 2025 · Sole director and manager · deed of 17-11-2017
founded in 2011
turnover €949,370 (2025)
via , at LB Project until 2025 · Day-to-day manager · deed of 31-07-2017
No longer active
founded in 1922

Connections & network

Depth
Shared director Via a shared director · open bankruptcy Shared director · open bankruptcy Shared director Shared director Shared director LB Project LB Project1022.564.595
Shared directorsIn bankruptcy
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

7 events since 2025
2026
Registered office moved from Balen to TurnhoutTransfer of shares from to · New registered office: Patersstraat 100 2300 Turnhout · Previous registered office: Wateringstraat 26, 2490 Balen · General meeting of 30-09-20266 points ▸
  • General meeting, 30-09-2026
  • Registered-office move, Patersstraat 100 2300 Turnhout
  • Director resignation,
  • Director discharge,
  • Director appointment,
  • Share transfer,
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Annual accounts 2025 filed NBBmicro format · 59 days late
Resignation: (director)Director discharge: · General meeting of 31-12-20253 points ▸
  • General meeting, 31-12-2025
  • Director resignation,
  • Director discharge,

Open the deed in the Belgian Official Gazette

2025
Appointment: (director)General meeting of 08-09-20252 points ▸
  • General meeting, 08-09-2025
  • Director appointment, (director (not named in the articles))

Open the deed in the Belgian Official Gazette

Registered in the Peppol Directory Reachable for e-invoices through 0208:1022564595
IncorporationFounding capital of €2,000, 100 shares · Founder: · Appointment: (director) · published on 24-04-20254 points ▸
  • Founder,
  • Founding capital, euro 2.000, 100 shares
  • Registered office clause, Wateringstraat 26, 2490 Balen
  • Director appointment,

Open the deed in the Belgian Official Gazette

First establishment Wateringstraat 26, Balen

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

LB Project was incorporated on 22 April 2025 as a private limited company by two natural persons, with a starting capital of €2,000.12 The registered office was moved to Turnhout in 2026.3 The board currently has 2 members.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 24-04-2025
  3. 3Belgian Official Gazette, 03-11-2026

Company details

Identity

Enterprise number
1022.564.595
VAT number
BE 1022.564.595
Peppol ID
0208:1022564595
Other Peppol ID
9925:BE1022564595
Legal form
Private limited company
Status
Active, normal situation
Founded
22-04-2025
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Thursday of June at 20:00
deed of 24-04-2025 (in Dutch)
Peppol
Reachable since 29-04-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
LB Project in Dutch
Entity type
Legal entity
Name clauseThe company operates under this name according to its articles.
LB Project
deed of 24-04-2025 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Wateringstraat 26, 2490 Balen”
deed of 24-04-2025 (in Dutch)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
43910 Bricklaying and masonry work main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Dakwerken; Aanleggen en onderhouden van tuinen,parken,velden en dergelijken; Landschapsverzorging,o.a.snoeien van bomen en heggen…”
54 activities
  1. Dakwerken
  2. Aanleggen en onderhouden van tuinen,parken,velden en dergelijken.
  3. Landschapsverzorging,o.a.snoeien van bomen en heggen
  4. Aanleg,onderhoud en handelsbemiddeling in zwembaden
  5. Elektriciteitswerken
  6. Tegelwerken
  7. Optrekken van de ruwbouw van individuele huizen;
  8. Bouw van individuele huizen volgens de formule “sleutel op de deur”;
  9. Optrekken van de ruwbouw van gebouwen met celstructuur (appartementsgebouwen,enz.);
  10. Bouwen van appartementen volgens de formule “sleutel op de deur”;
  11. Optrekken van de ruwbouw van gebouwen;
  12. Algemene coördinatiewerkzaamheden bouwwerf;
  13. Bouw van autowegen,straten en andere wegen en paden voor voertuigen en voetgangers (inclusief het plaatsen van vangrails) evenals het strooien van zout op autowegen,straten en andere wegen;
  14. Aanbrengen in gebouwen en andere bouwwerken van : vloer- of wandtegels van keramische stoffen,beton of gehouwen steen,vloerbedekking en wandbekleding van terrazzo marmer,graniet of lei,enz.;
  15. Onderneming voor het bouwen van funderingen,inclusief heien;
  16. Onderneming voor het vlechten van ijzer en aanbrengen van bekisting;
  17. Onderneming voor het bouwen van schoorstenen en industriële ovens;
  18. Onderneming voor het monteren van niet-zelfvervaardigde metalen constructiewerken;
  19. Onderneming voor het uitvoeren van hijs- en hefwerkzaamheden voor rekening van derden;
  20. Onderneming van het optrekken en afbreken van steigers en werkplatforms;
  21. Onderneming voor het bouwen van koelkamers,kluizen,enz.
  22. Rioleringswerken
  23. Loodgieterswerk
  24. Installatie van verwarming,klimaatregeling en ventilatie
  25. Aanleg van pijpleidingen voor het vervoer van gas,petroleumproducten,enz.
  26. Isolatiewerkzaamheden
  27. Algemene werkzaamheden aan en rond gebouwen
  28. Reinigingswerkzaamheden,o.a.reinigen van gebouwen
  29. Ruimen van bouwterreinen
  30. Monteren van constructies
  31. Verhuren,optrekken en afbreken van steigers en werkplatforms
  32. Uitvoeren van hijs- en hefwerkzaamheden
  33. Groot- en detailhandel van bouw- en tuinmaterialen als ook van meubels,deuren,poorten en dergelijken.
  34. Overige detailhandel
  35. Voegwerken;
  36. Het restaureren,reinigen en wassen van gebouwen,gevels en monumenten;
  37. Schrijnwerk van hout of van kunststof;
  38. Montage van buiten- en binnenschrijnwerk van hout of van kunststof,waaronder deuren,vensters,kozijnen,trappen,muurkasten,in inbouwkeukens en winkelinrichtingen;
  39. Installatie van al dan niet verplaatsbare tussenwanden,de bekleding van wanden en plafonds in kunststof of gipskarton;
  40. Installatie van garagepoorten,luiken,zonneblinden,traliewerk en hekken in hout of kunststof;
  41. Installatie van geblindeerde deuren en brandwerende deuren in hout of kunststof;
  42. Montage van serres en veranda's in hout of kunststof;
  43. Metaalschrijnwerk;
  44. Reparatie van producten van metaal;
  45. De vervaardiging en de montage van metalen constructiewerken
  46. Grondverzet: graven,ophogen,egaliseren en nivelleren van bouwterreinen,graven van sleuven en geulen,verwijderen van rotsen,grondverzet met behulp van explosieven;
  47. Vloerafwerking en wandbekleding;
  48. Schilderen en behangen in het algemeen en schilderen van binnen- en buitenwerk van gebouwen;
  49. Het behandelen van muren met vochtwerende en waterafstotende producten;
  50. Overige werkzaamheden in verband met de afwerking van gebouwen;
  51. Gevelreiniging;
  52. Het plaatsen van tussenwanden van gipsplaten.
  53. Alle activiteiten van een algemene bouwonderneming in de ruimste zin van het woord voor de uitvoering van alle aannemingen van werken,eventueel in coördinatie met onderaannemers,en inzonderheid van een bouwonderneming gespecialiseerd in elektriciteitswerken daaronder onder meer begrepen: alle aannemingen van werken betreffende elektrische installaties en elektriciteitswerken,waaronder onder meer maar niet uitsluitend: de installatie van elektrische bedrading en toebehoren; de installatie van hulpvoedingssystemen (generatoraggregaten); de installatie van de bedrading voor telefooninstallaties en computersystemen; de installatie van elektrische verwarmingsinstallaties; de installatie van liften en roltrappen
  54. Verhuur van machines voor de bouwnijverheid met bedieningspersoneel;
deed of 24-04-2025 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Patersstraat 100 registered office 2300 Turnhout
Wateringstraat 26 2490 Balen 43230 Insulation installation 22-04-2025 2.372.808.159
1 former office
  • Wateringstraat 26, 2490 Balen until 15-10-2026 · deed of 03-11-2026

Buildings and parcels at the addresses

Ground area
5,855 m²
Buildings
1,364 m²
Volume, LiDAR
15,807 m³
Tallest building
32.4 m
Buildings to scale, each on its own parcel
1,227 m², 32.4 m 136 m², 7.3 m 1,227 m², 32.4 m 136 m², 7.3 m

Location

registered office establishment The establishment unit on the map
129 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
13454R0631/00A0004,597 m² 1 · 1,227 m² 32.4 m · 4
13342B1323/00Z0051,257 m² 1 · 136 m² 7.3 m · 2

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1022.564.595