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LDB PROJECTS

Active
Private limited companyfounded 2024active for 2 yearsZwaentjesweg 20, 2242 Zandhoven, BelgiumKBO/BCE: BE 1006.779.133
Summary

The computed 12-month bankruptcy probability of LDB PROJECTS is 5.2% (elevated). The 2025 annual accounts show equity of €88,314 and a net result of €85,314. Its solvency ranks better than 61% of 9,302 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (76 days) Filed on 15 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00563375.

Equity
€88,314
Total assets
€164,610
Net result
€85,314
Working capital
€80,026

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €164,610
Fixed assets €8,288
Current assets €156,322
Equity and liabilities €164,610
Equity €88,314
Debt €76,296
Debt finances 46.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€119,293
Cash flow
€86,926
Current ratio
2.05
Debt to equity
0.86
ROE
96.6%
ROA
51.8%
Interest coverage
over 100
Debt ≤ 1 year
€76,296
Income taxes
€33,388
Staff costs
€16,473

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

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 39,278 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 41 lines
Balance sheet Code2025
Assets
Total assets20/58€164,610
Fixed assets21/28€8,288
Intangible fixed assets21€4,161
Tangible fixed assets22/27€4,127
Furniture and vehicles24€4,127
Current assets29/58€156,322
Amounts receivable within one year40/41€153,286
Trade receivables40€152,041
Other amounts receivable41€1,245
Cash at bank and in hand54/58€2,868
Deferred charges and accrued income490/1€168
Equity and liabilities
Total equity and liabilities10/49€164,610
Equity10/15€88,314
Contributions10/11€3,000
Reserves13€85,314
Distributable reserves133€85,314
Amounts payable17/49€76,296
Amounts payable within one year42/48€76,296
Trade debts44€29,732
Suppliers440/4€29,732
Advances received on contracts in progress46€8,361
Taxes, remuneration and social security45€34,331
Taxes450/3€33,435
Remuneration and social security454/9€895
Other amounts payable47/48€3,873
Income statement Code2025
Remuneration, social security and pensions62€16,473
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,612
Other operating charges640/8€1,061
Gross operating margin9900€136,827
Operating profit (loss)9901€117,681
Financial income75/76B€1,789
Recurring financial income75€1,789
Financial charges65/66B€768
Recurring financial charges65€768
Profit (loss) for the period before taxes9903€118,701
Income taxes67/77€33,388
Profit (loss) for the period9904€85,314
Profit (loss) for the period to be appropriated9905€85,314
Appropriation of the result
Profit (loss) to be appropriated9906€85,314
Transfer to equity691/2€85,314
To other reserves6921€85,314

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€16,473
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,612
Other operating charges640/8€1,061
Gross operating margin9900€136,827
Operating profit (loss)9901€117,681
Financial income75/76B€1,789
Recurring financial income75€1,789
Financial charges65/66B€768
Recurring financial charges65€768
Profit (loss) for the period before taxes9903€118,701
Income taxes67/77€33,388
Profit (loss) for the period9904€85,314
Profit (loss) for the period to be appropriated9905€85,314
Line2025
Assets
Total assets20/58€164,610
Fixed assets21/28€8,288
Intangible fixed assets21€4,161
Tangible fixed assets22/27€4,127
Furniture and vehicles24€4,127
Current assets29/58€156,322
Amounts receivable within one year40/41€153,286
Trade receivables40€152,041
Other amounts receivable41€1,245
Cash at bank and in hand54/58€2,868
Deferred charges and accrued income490/1€168
Equity and liabilities
Total equity and liabilities10/49€164,610
Equity10/15€88,314
Contributions10/11€3,000
Reserves13€85,314
Distributable reserves133€85,314
Amounts payable17/49€76,296
Amounts payable within one year42/48€76,296
Trade debts44€29,732
Suppliers440/4€29,732
Advances received on contracts in progress46€8,361
Taxes, remuneration and social security45€34,331
Taxes450/3€33,435
Remuneration and social security454/9€895
Other amounts payable47/48€3,873
Line2025
Profit (loss) for the period9904€85,314
+ Depreciation and write-downs630€1,612
Operating cash flow (approximation)€86,926

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 15-10-2026 2026-00563375

Similar companies · same sector, comparable size

Of the 29,229 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,180. 13,293 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €180 awarded
Schemes
1 entry · €180 · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.