LBV Projects
ActiveSummary
LBV Projects has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16,652 and a net result of €13,318. Its solvency ranks better than 47% of 9511 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes
Profitability100
Solvency77
Growth-
Track record67
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 1.95; short-term debt: 46.8% and cash: 46.9% of total assets), and 48.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
51.7%
Return on assets
41.3%
Age of the figures
9 mo
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 10-07-2026, 21 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
21 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Equity
€16,652
Total assets
€32,229
Net result
€13,318
Working capital
€14,268
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €32,229
Fixed assets
€2,893
Current assets
€29,336
Equity and liabilities €32,229
Equity
€16,652
Debt
€15,577
Debt finances 48.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€23,928
Cash flow
€17,657
Current ratio
1.95
Debt to equity
0.94
ROE
80.0%
ROA
41.3%
Interest coverage
163.37
Debt ≤ 1 year
€15,068
Income taxes
€6,124
Annual accounts
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,339 |
| Other operating charges640/8 | €206 |
| Gross operating margin9900 | €24,134 |
| Operating profit (loss)9901 | €19,589 |
| Financial charges65/66B | €146 |
| Recurring financial charges65 | €146 |
| Profit (loss) for the period before taxes9903 | €19,442 |
| Income taxes67/77 | €6,124 |
| Profit (loss) for the period9904 | €13,318 |
| Profit (loss) for the period to be appropriated9905 | €13,318 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €32,229 | |
| Fixed assets21/28 | €2,893 | |
| Tangible fixed assets22/27 | €2,893 | |
| Plant, machinery and equipment23 | €2,893 | |
| Current assets29/58 | €29,336 | |
| Amounts receivable within one year40/41 | €12,100 | |
| Trade receivables40 | €12,100 | |
| Cash at bank and in hand54/58 | €15,123 | |
| Deferred charges and accrued income490/1 | €2,113 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €32,229 | |
| Equity10/15 | €16,652 | |
| Contributions10/11 | €5,000 | |
| Reserves13 | €11,652 | |
| Distributable reserves133 | €11,652 | |
| Profit (loss) carried forward14 | €0 | |
| Amounts payable17/49 | €15,577 | |
| Amounts payable within one year42/48 | €15,068 | |
| Trade debts44 | €835 | |
| Suppliers440/4 | €835 | |
| Taxes, remuneration and social security45 | €11,948 | |
| Taxes450/3 | €9,748 | |
| Remuneration and social security454/9 | €2,200 | |
| Other amounts payable47/48 | €2,285 | |
| Accrued charges and deferred income492/3 | €508 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €13,318 |
| + Depreciation and write-downs630 | €4,339 |
| Operating cash flow (approximation) | €17,657 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Kortrijk · 1 establishment unit since 2025
Ground area
409 m²
Building footprint
118 m²
Parcel 34354C0916/00H002, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
LBV Projects
since 20252.371.323.069
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34354C0916/00H002 | Flanders | 409 m² | 1 · 118 m² | 0.1 m |
Linked by address, not proof of ownership
Good to know
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
Elimon
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BE 0763.756.125
Ukkel · Eq €16,626
MACOLINES
BE 0671.723.713
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CAMCO
BE 0434.693.424
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P5 Algemene bouwwerken
BE 0698.961.016
Antwerpen · Eq €16,717
Of 11,577 companies in sector 71121 we hold annual accounts for 6,563. 3,715 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-03-2025
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.