LBG-Projects
ActiveThe computed 12-month bankruptcy probability of LBG-Projects is 2.1% (moderate). The 2025 annual accounts show equity of €25k and a net result of €23k. Its solvency ranks better than 29% of 7431 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability95
Solvency48
Growth-
Track record67
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.93; short-term debt: 50.7% and cash: 20.9% of total assets), and 76.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.2%
Return on assets
21.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
30 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€25k
Total assets
€107k
Net result
€23k
Working capital
€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €107k
Fixed assets
€57k
Current assets
€51k
Equity and liabilities €107k
Equity
€25k
Debt
€83k
Debt finances 76.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€40k
Cash flow
€34k
Solvency
23.2%
Current ratio
0.93
Quick ratio
0.62
Debt / equity
3.32
ROE
92.0%
ROA
21.3%
Interest coverage
40.96
Debt
€83k
Debt ≤ 1 year
€54k
Debt > 1 year
€27k
Income taxes
€5k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€107k
Fixed assets21/28€57k
Intangible fixed assets21€834
Tangible fixed assets22/27€56k
Plant, machinery and equipment23€8k
Furniture and vehicles24€48k
Current assets29/58€51k
Stocks and contracts in progress3€17k
Stocks30/36€2k
Contracts in progress37€15k
Amounts receivable within one year40/41€11k
Trade receivables40€8k
Other amounts receivable41€3k
Cash at bank and in hand54/58€22k
Deferred charges and accrued income490/1€276
Equity and liabilities
Total equity and liabilities10/49€107k
Equity10/15€25k
Contributions10/11€2k
Reserves13€23k
Distributable reserves133€23k
Amounts payable17/49€83k
Amounts payable after more than one year17€27k
Financial debts170/4€27k
Amounts payable within one year42/48€54k
Current portion of amounts payable after more than one year42€8k
Trade debts44€5k
Suppliers440/4€5k
Taxes, remuneration and social security45€2k
Taxes450/3€2k
Other amounts payable47/48€40k
Accrued charges and deferred income492/3€721
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k
Other operating charges640/8€679
Gross operating margin9900€41k
Operating profit (loss)9901€29k
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€981
Recurring financial charges65€981
Profit (loss) for the period before taxes9903€28k
Income taxes67/77€5k
Profit (loss) for the period9904€23k
Profit (loss) for the period to be appropriated9905€23k
Appropriation of the result
Profit (loss) to be appropriated9906€23k
Transfer to equity691/2€23k
To other reserves6921€23k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
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, Gistel · 1 establishment unit since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Steenbakkerstraat 148470 GistelGround area
2,392 m²
Building footprint
210 m²
Volume, LiDAR
978 m³
Parcel 35005A0568/00A000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LBG-Projects
since 20242.355.369.737
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35005A0568/00A000 | Flanders | 2,392 m² | 1 · 210 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Alexander De Keersmaeker
BE 1021.988.337
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GETAE ORIGINS
BE 0804.725.757
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Toms Classic
BE 0687.539.859
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,050. 12,075 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-01-2024
Fiscal year end30-09
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
90201Performing arts by independent artists
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.