LD PROJECT
ActiveSummary
The computed 12-month bankruptcy probability of LD PROJECT is 4.2% (elevated). The 2025 annual accounts show negative equity (-€7,592) and a net result of -€223. Equity is shrinking by about 56% per year across the filed financial years. Its solvency ranks better than 5% of 16,883 sector peers (NACE 56, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result stays negative: a loss of €119 in 2025 against €7,910 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 1,555 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 91.6% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,555 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €330 | €366 | €366 | = |
| Other operating charges640/8 | €601 | - | €400 | - |
| Gross operating margin9900 | -€1,345 | -€7,544 | €647 | - |
| Operating profit (loss)9901 | -€2,276 | -€7,910 | -€119 | ▲ 98.5% |
| Financial charges65/66B | - | €183 | €104 | ▼ 43.0% |
| Recurring financial charges65 | - | €183 | €104 | ▼ 43.0% |
| Profit (loss) for the period before taxes9903 | -€2,276 | -€8,093 | -€223 | ▲ 97.2% |
| Profit (loss) for the period9904 | -€2,276 | -€8,093 | -€223 | ▲ 97.2% |
| Profit (loss) for the period to be appropriated9905 | -€2,276 | -€8,093 | -€223 | ▲ 97.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €8,757 | €1,626 | €2,884 | ▲ 77.3% |
| Fixed assets21/28 | €768 | €402 | €36 | ▼ 91.0% |
| Tangible fixed assets22/27 | €768 | €402 | €36 | ▼ 91.0% |
| Plant, machinery and equipment23 | €768 | €402 | €36 | ▼ 91.0% |
| Current assets29/58 | €7,988 | €1,224 | €2,848 | ▲ 133% |
| Amounts receivable within one year40/41 | €6,050 | €1,210 | €2,723 | ▲ 125% |
| Trade receivables40 | €6,050 | €1,210 | €2,723 | ▲ 125% |
| Cash at bank and in hand54/58 | €1,938 | €14 | €39 | ▲ 179% |
| Deferred charges and accrued income490/1 | - | - | €86 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €8,757 | €1,626 | €2,884 | ▲ 77.3% |
| Equity10/15 | €724 | -€7,369 | -€7,592 | ▼ 3.0% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€2,276 | -€10,369 | -€10,592 | ▼ 2.1% |
| Amounts payable17/49 | €8,033 | €8,996 | €10,476 | ▲ 16.5% |
| Amounts payable within one year42/48 | €8,033 | €8,996 | €10,476 | ▲ 16.5% |
| Trade debts44 | €42 | €890 | €2,037 | ▲ 129% |
| Suppliers440/4 | €42 | €890 | €2,037 | ▲ 129% |
| Taxes, remuneration and social security45 | €1,673 | €788 | €1,084 | ▲ 37.7% |
| Taxes450/3 | €1,673 | €788 | €1,084 | ▲ 37.7% |
| Other amounts payable47/48 | €6,318 | €7,318 | €7,355 | ▲ 0.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,276 | -€8,093 | -€223 | ▲ 97.2% |
| + Depreciation and write-downs630 | €330 | €366 | €366 | = |
| Operating cash flow (approximation) | -€1,946 | -€7,727 | €143 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€1,924 | €25 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00376176 |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00445734 |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00437504 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.