LB Project
Overview
Lifetime
1 annual account with figuresKey points
from the 2025 annual accountsBoard
Board changed. Latest change 30-09-2026 · 2 in office.
Position in the sector
Higher net result than 85% of companies in specialised construction. Sector median €9,999 · 37,159 companies.
Checked score
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.
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.
| 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
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
Annual accounts 2025
- €79,447
- ≈ €400,000estimated
- €47,721
- €49,721
- €102,245
- ≈ 0.4 FTEestimated
- Filing
- Filed on 28-09-2026
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 lateTurnover 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 31-12-2025Position 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.
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 | Trend | 2025 |
|---|---|---|
| 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 | ||
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.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 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 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 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| Item | 2025 |
|---|---|
| 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- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 24-04-2025
Mandates through the years
4 names, the dashed line is todayDirector
Director
Director
Director (not named in the articles)
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
Control
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
- to all shares
- 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 off1 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 |
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
Timeline
Timeline
7 events since 2025
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.
Resignation: (director)Director discharge: · General meeting of 31-12-20253 points ▸
- General meeting, 31-12-2025
- Director resignation,
- Director discharge,
Appointment: (director)General meeting of 08-09-20252 points ▸
- General meeting, 08-09-2025
- Director appointment, (director (not named in the articles))
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,
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
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 20:00deed 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 Projectdeed 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- 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…”deed of 24-04-2025 (in Dutch)
54 activities
- Dakwerken
- Aanleggen en onderhouden van tuinen,parken,velden en dergelijken.
- Landschapsverzorging,o.a.snoeien van bomen en heggen
- Aanleg,onderhoud en handelsbemiddeling in zwembaden
- Elektriciteitswerken
- Tegelwerken
- Optrekken van de ruwbouw van individuele huizen;
- Bouw van individuele huizen volgens de formule “sleutel op de deur”;
- Optrekken van de ruwbouw van gebouwen met celstructuur (appartementsgebouwen,enz.);
- Bouwen van appartementen volgens de formule “sleutel op de deur”;
- Optrekken van de ruwbouw van gebouwen;
- Algemene coördinatiewerkzaamheden bouwwerf;
- 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;
- 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.;
- Onderneming voor het bouwen van funderingen,inclusief heien;
- Onderneming voor het vlechten van ijzer en aanbrengen van bekisting;
- Onderneming voor het bouwen van schoorstenen en industriële ovens;
- Onderneming voor het monteren van niet-zelfvervaardigde metalen constructiewerken;
- Onderneming voor het uitvoeren van hijs- en hefwerkzaamheden voor rekening van derden;
- Onderneming van het optrekken en afbreken van steigers en werkplatforms;
- Onderneming voor het bouwen van koelkamers,kluizen,enz.
- Rioleringswerken
- Loodgieterswerk
- Installatie van verwarming,klimaatregeling en ventilatie
- Aanleg van pijpleidingen voor het vervoer van gas,petroleumproducten,enz.
- Isolatiewerkzaamheden
- Algemene werkzaamheden aan en rond gebouwen
- Reinigingswerkzaamheden,o.a.reinigen van gebouwen
- Ruimen van bouwterreinen
- Monteren van constructies
- Verhuren,optrekken en afbreken van steigers en werkplatforms
- Uitvoeren van hijs- en hefwerkzaamheden
- Groot- en detailhandel van bouw- en tuinmaterialen als ook van meubels,deuren,poorten en dergelijken.
- Overige detailhandel
- Voegwerken;
- Het restaureren,reinigen en wassen van gebouwen,gevels en monumenten;
- Schrijnwerk van hout of van kunststof;
- Montage van buiten- en binnenschrijnwerk van hout of van kunststof,waaronder deuren,vensters,kozijnen,trappen,muurkasten,in inbouwkeukens en winkelinrichtingen;
- Installatie van al dan niet verplaatsbare tussenwanden,de bekleding van wanden en plafonds in kunststof of gipskarton;
- Installatie van garagepoorten,luiken,zonneblinden,traliewerk en hekken in hout of kunststof;
- Installatie van geblindeerde deuren en brandwerende deuren in hout of kunststof;
- Montage van serres en veranda's in hout of kunststof;
- Metaalschrijnwerk;
- Reparatie van producten van metaal;
- De vervaardiging en de montage van metalen constructiewerken
- Grondverzet: graven,ophogen,egaliseren en nivelleren van bouwterreinen,graven van sleuven en geulen,verwijderen van rotsen,grondverzet met behulp van explosieven;
- Vloerafwerking en wandbekleding;
- Schilderen en behangen in het algemeen en schilderen van binnen- en buitenwerk van gebouwen;
- Het behandelen van muren met vochtwerende en waterafstotende producten;
- Overige werkzaamheden in verband met de afwerking van gebouwen;
- Gevelreiniging;
- Het plaatsen van tussenwanden van gipsplaten.
- 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
- Verhuur van machines voor de bouwnijverheid met bedieningspersoneel;
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
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 13454R0631/00A000 | 4,597 m² | 1 · 1,227 m² | 32.4 m · 4 |
| 13342B1323/00Z005 | 1,257 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