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LBGex

Active Private limited companyfounded 2020active for 6 yearsRue Batta 156, 4845 JalhayKBO/BCE: BE 0756.979.288

Overview

Lifetime

5 annual accounts with figures on one time axis
peak €85,355 (2025)
€85,355▲ 26.3%
peak €25,935 (2025)
€25,935▲ 60.3%
peak €67,213 (2025)
€67,213▲ 62.8%
€41,632▼ 49.8%
Board1 name since 2020
1 directorLEROY Benoit
Documentsfilings and deeds
23-07-20268 days before the deadline
2025micro format
Gross margin from €67,568 to €85,355Result from €16,175 to €25,935Equity from €41,278 to €67,213Debts from €82,951 to €41,632

Key points

from the 2025 annual accounts

Equity

€67,213 ▲ 62.8%

LBGex has made a profit in every financial year since 2021.

Liquidity

2.08 was 0.95 in 2024

Short-term debts fell from €59,212 to €30,244.

Filings

5 annual accounts 2 late
AprilJune31 JulyOctober20222024

The 2021 accounts came latest: 30 days after the end of the period.

Checked score

97
Excellent
Financially stronger than 72% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 14,830 companies (NACE 71, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

87+29equity 61.8% of total assets
82+6short-term debt 27.8% · cash 34.1%
99+14return on assets 23.8%

Score breakdown

lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Liquidity: current ratio 2.08, cash €37,109
Equity €67,213 (61.8% of total assets)
Size: total assets €108,845
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 60% of them on solvency, 71% on liquidity, 74% on profitability and 85% on growth.

The bankruptcy probability was computed on 07-11-2026 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 31-12-2025.

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 LBGex 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
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of LBGex itself is lower: < 0.1% within 12 months. It rests on far more data about LBGex than the profile alone.

Test of the method

The method was tested on the 497,447 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 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 LBGex. 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 €6,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.08 (0.95 in 2024), above the usual 1.5. Short-term debt is 27.8% and cash 34.1% of total assets. 38.2% of the assets are financed with debt and provisions.

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

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Liquidity: current ratio 2.08, cash €37,109
NBB · annual accounts
lowers risk · Equity €67,213 (61.8% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €108,845
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
8 days early
2024
9 days early
2023
1 day early
2022
30 days late
2021
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 8 days after 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

LB
Director
  • LEROY Benoit 100 sharesdeed of 28-10-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0756979288
Incorporation Founding capital of €10,000, 100 shares · Founder: LEROY Benoit (comparant) · Appointment: LEROY Benoit (director) · published on 28-10-2020 · Gazette deed
First establishment Rue Batta 156, Jalhay
All 11 events

Comparable companies

same main activity, similar in size and age
Company
LBGex Jalhay €108,845 €85,355 61.8% -
BELANEX Ghent €118,663 €77,894 77.5% -
Landmeter-expert Jori Verschaeve Zonnebeke €89,776 €85,730 86.5% -
KEY2INVEST Braine-l'Alleud €112,605 €75,863 41.5% -
GabRod Forest €124,171 €99,733 34.9% -
JDB Landmeter-expert Antwerp €87,427 €69,878 4.6% -
POLYGONALE Rebecq €139,926 €77,871 4.3% -

These companies have the same main activity as LBGex: land surveying (NACE 71122). They are comparable in size and age: total assets between €87,400 and €140,000, founded between 2019 and 2022.

Official details

Source: KBO
Status
Active since 26-10-2020Normal situation
Activity
Land surveyingNACE 71122
Establishment unit
2.308.887.9314845 Jalhay, since 26-10-2020
Financial year end
31 December
Peppol
Reachable since 14-01-2025
Company details

Annual accounts 2025

€85,355▲ 26.3%
≈ €180,000estimated
€25,935▲ 60.3%
€67,213▲ 62.8%
€108,845▼ 12.4%
1 FTE=
Filing
Filed on 23-07-2026, 8 days before the end of the filing period
Financials

Insights on LBGex

LBGex files the micro format. That format states no turnover. The gross margin rose from €39,740 in 2021 to €85,355 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 23-07-2026, 8 days before the deadline
€85,355
▲ 26.3%
€26,456
▲ 9.7%
€25,935
▲ 60.3%
€32,689
▲ €35,794
61.8%
▲ 28.5 percentage points
2.08
▲ 1.13

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 ≈ €180,000. Estimated: probably between €140,000 and €250,000.

Balance sheet

balance sheet total €108,845 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

61.8%

Higher than 58% of 11,794 companies in 2025.

2.08

Higher than 50% of 11,521 companies in 2025.

23.8%

Higher than 71% of 11,605 companies in 2025.

LBGex Middle half of the sector 80% of the sector Micro accounts in architecture and engineering (NACE 71)

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

Staff

€33,680

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021
Balance sheet: assets
20/58 108,845124,229122,65199,27093,993
20 ---6391,407
21/28 45,91268,12259,09544,44553,384
22/27 45,91268,12259,09544,44553,384
22 19,79422,324266603939
23 8,32215,85916,15024,96133,772
24 17,79629,93942,67918,88118,673
29/58 62,93356,10763,55654,18639,202
40/41 25,8245,53525,08422,39615,693
40 15,7994,71023,06919,81615,133
41 10,0258252,0152,580560
54/58 37,10950,57238,47231,79123,510
Balance sheet: equity and liabilities
10/49 108,845124,229122,65199,27093,993
10/15 67,21341,27848,10342,67430,451
10/11 10,00010,00010,00010,00010,000
13 16,17516,175---
133 16,17516,175---
14 41,03815,10338,10332,67420,451
17/49 41,63282,95174,54956,59763,542
17 11,38823,73939,22731,86941,259
170/4 11,38823,73939,22731,86941,259
42/48 30,24459,21235,32224,72822,283
42 12,35115,48815,6049,7079,568
44 2,3482,391---
440/4 2,3482,391---
45 15,54521,42719,41414,32510,565
450/3 9,09917,14715,98910,9809,439
454/9 6,4454,2803,4253,3451,126
47/48 -19,9063036962,150
Income statement
9900 85,35567,56850,35348,73539,740
62 33,68018,77116,37616,8323,931
630 24,31024,21522,99114,47212,215
640/8 9093601,546156106
66A -107159-393
9901 26,45624,1159,28217,27423,095
75/76B 003170-
75 003170-
65/66B 5216648101,176679
65 5216648101,176679
9903 25,93523,4528,79016,09922,415
67/77 -7,2763,3613,8761,964
9904 25,93516,1755,42912,22220,451
9905 25,93516,1755,42912,22220,451
Appropriation of the result
9906 41,03854,27838,10332,67420,451
14P 15,10338,10332,67420,451-
691/2 -16,175---
6921 -16,175---
694/7 -23,000---
694 -23,000---
Social balance sheet
9087 11110.3
Hours worked1013 -8828749312,014
Document PDFPDFPDFPDFPDF

The notes to these accounts have 6 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 23-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 23-07-2026 2026-00325870 PDF
31-12-2024 micro format 22-07-2025 2025-00305541 PDF
31-12-2023 micro format 30-07-2024 2024-00313355 PDF
31-12-2022 micro format 30-08-2023 2023-00427840 PDF
31-12-2021 micro format 30-08-2022 2022-20401443 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021
50,76648,33032,27331,74635,309
50,24540,39028,42026,69532,666
2,10033,24237,0024,76564,703
-13,46412,1006,6828,281-
32,689-3,10528,23429,45916,919
61.8%33.2%39.2%43.0%32.4%
2.080.951.802.191.76
0.622.011.551.332.09
38.6%39.2%11.3%28.6%67.2%
23.8%13.0%4.4%12.3%21.8%
97.4672.8039.8627.0151.98

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.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date-1111
full-time-0---
part-time-1111
in full-time equivalents0.8-0.50.50.5
0.70.50.50.50.1
On a permanent contract1111-
Joined---11
Left---10

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€2,100€33,242€37,002€4,765€64,703
€24,310€24,215€22,991€14,472€12,215

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on LBGex

The operating result for 2025 is 10% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total falls from 66.8% to 38.2%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
appointed by deed of 28-10-2020 term without a fixed end
listed in the 2024 annual accounts, filed on 22-07-2025

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
LEROY Benoit
Director (not named in the articles)
Board
Mandates as a list
  • LEROY Benoit
    • Director (not named in the articles), appointed by deed of 28-10-2020, still in office

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

Control

Founder
This company
LBGex
Equity €67,213
Profit €25,935 in 2025

Capital

Contribution
€10,000
Shares
100
Contribution per share
€100
Equity per share
€672 in 2025
Source
deed of 28-10-2020

Articles of association

deed of 28-10-2020 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday 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

At incorporation deed of 28-10-2020 ↗

Network & group

No group

LBGex has no parent and no holdings in its annual accounts. LEROY Benoit is the only director. LBGex shares no director with another company.

Timeline

Timeline

11 events since 2020

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 8 days before the deadline
2025
Highest result from 2021 to 2025 net €25,935 ▲60.3% The operating result of €26,456 and the net result of €25,935 are both a record.
Liquidity more than doubled current ratio 2.08 The current ratio rises from 0.95 to 2.08. Short-term debt falls from €59,212 to €30,244.
Annual accounts 2024 filed PDFmicro format · 9 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0756979288
2024
Annual accounts 2023 filed PDFmicro format · 1 day before the deadline
2023
Weakest financial year net €5,429 ▼55.6% The net result drops to €5,429, the lowest from 2021 to 2025. It recovers the following year.
Annual accounts 2022 filed PDFmicro format · 30 days late
2022
Annual accounts 2021 filed PDFmicro format · 30 days late
2020
IncorporationFounding capital of €10,000, 100 shares · Founder: LEROY Benoit (comparant) · Appointment: LEROY Benoit (director) · published on 28-10-20207 points ▸
  • Registered office clause, Rue Batta 156, 4845 Jalhay
  • Board rule, 1
  • Director appointment, LEROY Benoit (director (not named in the articles))
  • Permanent representative, LEROY Benoit
  • Founder, LEROY Benoit (comparant)
  • Founding capital, €10,000, 100 shares
  • 100 shares
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

First establishment Rue Batta 156, Jalhay

Financial milestones sit on the financial year-end date, not the filing date.

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

History

LBGex was incorporated on 26 October 2020 as a private limited company by one natural person, with a starting capital of €10,000.12 LEROY Benoit is director of the company, appointed by deed of 28-10-2020.2 Total assets rose from €93,993 in 2021 to €108,845 in 2025 and headcount from 0.3 to 1 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 28-10-2020
  3. 3National Bank, annual accounts 2021 and 2025

Company details

Identity

Enterprise number
0756.979.288
VAT number
BE 0756.979.288
Peppol ID
0208:0756979288
Legal form
Private limited company
Status
Active, normal situation
Founded
26-10-2020
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 20:00
deed of 28-10-2020 (in French)
Peppol
Reachable since 14-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
LBGex in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 28-10-2020 (in French)

Activities

NACEBEL 2025
VAT activities
71122 Land surveying main activity
Social security (RSZ) activities
71122 Land surveying main activity
Codes under NACEBEL 2008
VAT activities
71122 Architectural and engineering activities; technical testing and analysis main activity
Social security (RSZ) activities
71122 Architectural and engineering activities; technical testing and analysis main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Tous travaux relevant de l'activité de géomètre,à savoir les travaux de métrés,les travaux topométriques,les étude de projets de lotissement…”
9 activities
  1. Tous travaux relevant de l'activité de géomètre,à savoir les travaux de métrés,les travaux topométriques,les étude de projets de lotissement et d’urbanisation au sens large,de voirie,de cours d'eau,d'urbanisme,d'alignement,les expertises et évaluations - savoir les sinistres,dégâts locatifs et valeur d'assurance -,les travaux de réception,de voirie,de bâtiment,les travaux d'expropriation,les missions d'administrateur,ainsi que les activités qui sont du monopole du géomètre expert-immobilier,c’est-à-dire,les mesurages,les bornages,les cessions de mitoyenneté,les certificats d'évaluation,les expertises préalables ainsi que les expertises judiciaires
  2. Toutes les opérations immobilières généralement quelconques,et le commerce d'immeubles comprenant notamment l'achat,la vente,la revente,la prise en location,la mise en location,la sous-location,la gestion,la restauration,la transformation,la mise en valeur,la décoration,la promotion immobilière,les avants projets de constructions
  3. Tout ce qui concerne le domaine immobilier pour compte propre ou pour compte de tiers sans exception ni réserve
  4. La gestion privative de tous biens immeubles appartenant à des tiers
  5. Le conseil et la gestion de patrimoine mobilier et immobilier
  6. Les investissements,la gestion et la valorisation d’un patrimoine immobilier,notamment par l’achat,de la pleine propriété ou de droits réels,la vente,la location,la mise en location,la construction,le tout au sens le plus large
  7. En recourant selon le cas,à l’association,au partenariat ou à la sous-traitance de toutes entreprises titulaires des accès à la profession,agrégations ou enregistrements requis,toutes opérations mobilières,immobilières,économiques,industrielles,financières et autres se rapportant directement ou indirectement à son objet social,ou susceptibles de contribuer à son développement
  8. D'une façon générale,accomplir toutes opérations industrielles,économiques,financières,mobilières ou immobilières se rapportant directement ou indirectement à son objet social ou qui seraient de nature à en faciliter directement ou indirectement,entièrement ou partiellement,la réalisation
  9. S'intéresser par voie d'apport,de fusion,de souscription ou de toute autre manière dans toutes affaires,entreprises,associations ou sociétés,en Belgique ou à l'étranger,ayant un objet identique,analogue ou connexe au sien ou qui soit de nature à favoriser le développement de son entreprise,à lui procurer des matières premières ou à faciliter l'écoulement de ses produits
deed of 28-10-2020 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue Batta 156 registered office 4845 Jalhay 26-10-2020 2.308.887.931

Buildings and parcels at the address

Ground area
784 m²
Buildings
120 m²
Volume, LiDAR
746 m³
Tallest building
7.9 m
Buildings to scale, each on its own parcel
120 m², 7.9 m 120 m², 7.9 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
63068B0441/00R000784 m² 1 · 120 m² 7.9 m · 2