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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 9,396 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.

Overview

Overview

Official details

Source: KBO
Status
Active since 05-03-2024 Normal situation
Activity
General construction of residential buildings NACE 41001and 5 others
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
Establishment unit
2.358.149.083 2242 Zandhoven, since 05-03-2024
Financial year end
31 December
Peppol
Reachable since 21-09-2026

Board and ownership

Board

Financial position

39 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.2%
Annual accounts 2025
Gross margin
€136,827
Turnover
≈ €450,000
estimated
Profit
€85,314
Equity
€88,314
Total assets
€164,610
Employees on 31-12-2025
1
  • 2025 accounts filed 76 days after the deadline
Score breakdownraises riskFounded in 2024Sector: Construction of residential and non-residential buildings (NACE 41)Size: total assets €164,610Last filed accounts filed 76 days late; 1 of the last 3 accounts lateShow the evidence

Checked score

Score 2025
39 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 59% of micro companies in construction of buildings (NACE 41)
Financial strength
Strong
Solvency 79
equity 53.7% of total assets
Liquidity 29
short-term debt 46.3% · cash 1.7%
Profitability 100
return on assets 51.8%
Bankruptcy probability within 12 months
5.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,453 companies, NACE 41, micro)
Last 24 months 04-2025: 3.6%lowest value 05-2025: 3.7%▲ +0.1 percentage points vs 04-2025 06-2025: 4.1%▲ +0.4 percentage points vs 05-2025 07-2025: 4.2%▲ +0.1 percentage points vs 06-2025 08-2025: 4.6%▲ +0.4 percentage points vs 07-2025 09-2025: 4.6%● unchanged vs 08-2025 10-2025: 5.0%▲ +0.4 percentage points vs 09-2025 11-2025: 5.0%● unchanged vs 10-2025 12-2025: 4.8%▼ -0.2 percentage points vs 11-2025 01-2026: 4.8%● unchanged vs 12-2025 02-2026: 5.3%▲ +0.5 percentage points vs 01-2026 03-2026: 5.3%● unchanged vs 02-2026 04-2026: 5.3%● unchanged vs 03-2026highest value 05-2026: 5.3%● unchanged vs 04-2026highest value 06-2026: 5.3%● unchanged vs 05-2026highest value 07-2026: 5.3%● unchanged vs 06-2026highest value 08-2026: 5.3%● unchanged vs 07-2026highest value 09-2026: 5.3%● unchanged vs 08-2026highest value 10-2026: 5.2%▼ -0.1 percentage points vs 09-2026 11-2026: 5.2%● unchanged vs 10-2026
Credit of up to €3,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 2.05, above the usual 1.5. Short-term debt is 46.3% and cash 1.7% of total assets. 46.3% of the assets are financed with debt and provisions.
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 41, micro). It does better than 62% of them on solvency, 25% on liquidity and 91% on profitability.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises risk
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Size: total assets €164,610
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 76 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · 2025 accounts filed 76 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
76 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Financials

Financials · financial year 2025, micro format

2025 annual accounts filed 76 days after the deadline 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.

Annual accounts 2025 filed on 15-10-2026 at the NBB

Turnover
≈ €450,000
Estimated: probably between €320,000 and €690,000
Total assets
€164,610
Net result
€85,314
Working capital
€80,026

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

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's share of the balance-sheet total is 46.3%.
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

Staff

social balance sheet
Item31-12-2025
Employees at the balance-sheet date1
full-time1
in full-time equivalents1
Average over the year, in full-time equivalents1
On a permanent contract1
Joined1
Left0

Source: social balance sheet in the 2025 annual accounts

Investments

fixed assets acquired
Item2025
Tangible fixed assets€4,900
Intangible fixed assets€5,000
Depreciation and write-downs of the year€1,612

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

Subsidies and aid

Flemish government

2025 · 1 entry · €180 awarded
Schemes
1 entry · €180 · Fonds voor Innoveren en Ondernemen
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 have 9 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 15-10-2026.

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

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 39,278 companies had the same profile as LDB PROJECTS has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.

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

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

The bankruptcy probability of LDB PROJECTS itself is higher: 5.2% within 12 months. It rests on far more data about LDB PROJECTS than the profile alone.

Test of the method

The method was tested on the 497,446 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 39,278 companies, not a prediction for LDB PROJECTS. 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.

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

Board & ownership

Directors

Directors
1 director, no change since 2024
DE BLOCK Loic Marcel Erika
Director (not named in the articles) · since 05-03-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 15-10-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 07-03-2024

Owners and capital

Shareholders

At incorporation act of 07-03-2024 ↗

Capital transactions

Capital over time
  1. 07-03-2024 Incorporation · 100 shares

Network & group

LDB PROJECTS shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of LDB PROJECTS. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2026
15-10
NBB filing Annual accounts 2025 filedNBB
micro format · 76 days late
2024
07-03
Gazette deed Incorporation
Appointment: DE BLOCK Loic Marcel Erika (director) · Founder · Founding capital4 points ▸
  • Incorporation, 07-03-2024
  • Founder, DE BLOCK Loic Marcel Erika (shareholder)
  • Founding capital
  • Director appointment, DE BLOCK Loic Marcel Erika (director (not named in the articles))

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

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

Company details

Register details

Identity

KBO record
Name LDB PROJECTS in Dutch
Enterprise number 1006.779.133
Legal form Private limited company
Status Active, normale toestand
Founded 05-03-2024
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 07-03-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest”
deed of 07-03-2024 (in Dutch)

Registered office and establishments

Registered office Zwaentjesweg 20, 2242 Zandhoven, Belgium
Establishment unit LDB PROJECTS, Zwaentjesweg 20, 2242 Zandhoven since 05-03-2024 · unit number 2.358.149.083

Activities

NACEBEL 2025
VAT activities
41001 General construction of residential buildings main activity
41002 General construction of office buildings
41003 General construction of other non-residential buildings
43230 Insulation installation
43333 Wallpapering and laying of floor and wall coverings in other materials
43410 Roofing work
Social security (RSZ) activities
41001 General construction of residential buildings main activity
Codes under NACEBEL 2008
41201 General construction of buildings main activity
41202 Construction of residential and non-residential buildings
41203 Construction of residential and non-residential buildings
43291 Specialised construction activities
43333 Wallpapering and laying of floor and wall coverings in other materials
43910 Specialised construction activities
Joint committee 124 Paritair Comité voor het bouwbedrijf annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het optrekken van gebouwen en onder kap brengen alsmede de coördinatie van de andere aan onderaannemers toevertrouwde en door deze…”
28 activities
  1. Het optrekken van gebouwen en onder kap brengen alsmede de coördinatie van de andere aan onderaannemers toevertrouwde en door deze uitgevoerde voltooiingswerken van gebouwen;
  2. De onderneming voor metsel- en betonwerk
  3. Het bouwen van stellingen alsmede het invoegen en reinigen van gevels
  4. Waterdicht maken en bedekken van gebouwen met asfalt en teer: metalen en niet metalen dakbedekkingswerken van gebouwen
  5. Het leggen van tegelvloeren en mozaïek, en alle andere bedekkingen van muren en vloeren in eigen beheer en in onderaanneming
  6. Warmte- en geluidsisolering
  7. Plafonneer-, cementeer- en alle andere pleisterwerken, het plaatsen van chapes
  8. Timmer- en schrijnwerk voor gebouwen
  9. Het plaatsen van ijzerwerk, metalen luiken en metalen schrijnwerk, evenals schrijnwerk in kunststof
  10. Grond-, riolerings- en draineringswerken
  11. Aanplantingswerken
  12. Onderneming voor het plaatsen van centrale verwarming met warmwater en stroom
  13. De onderneming voor het plaatsen van ventilatie, verwarming met warme lucht, luchtconditionering en industriële pijpleidingen
  14. Het installeren van sanitaire inrichtingen en gasverwarming
  15. Onderneming voor lood- en zinkwerk
  16. Onderneming voor het schilderen van gebouwen, voor behangen en garneren
  17. Steen- en marmerwerken voor gebouwen
  18. Afbraakwerk zowel in eigen beheer als in onderaanneming
  19. Het plaatsen van liften, goederenliften, roltrappen en roltapijten
  20. Het plaatsen van elektrische installaties in gebouwen, inbegrepen het installeren van stroomaggregaten alarmtoestellen tegen brand- en diefstal, tele-communicatie in en om gebouwen en voorzieningen voor gemengde telefonie
  21. Elektrische en elektromechanische installaties van kunstwerken en nijverheids-inrichtingen, elektrische buiteninstallaties en bovengrondse elektriciteitsleidingen groot-en kleinhandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur, audio en videoapparaten, elektriciteitsmaterialen, verlichtings-apparatuur, verlichtingsartikelen, lichtinstallaties, entertainment systemen, elektronica, licht-, geluid- en randapparatuur en dergelijke;
  22. Bouwmarkten en andere doe-het-zelfzaken in bouwmaterialen, algemeen assorti-ment;
  23. Overige reparaties van consumentenartikelen, niet eerder genoemd;
  24. Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend en onroerend vermogen; alle onroerende verrichtingen, studies en operaties met betrekking tot alle onroerende goederen en rechten, welke daaruit voortvloeien zoals de aankoop, de bouw, de verbouwing, de aanpassing, de huur, de verhuur en onderhuur, de rechtstreekse uitbating of in regie, de ruiling, de verkoop de projectontwikkeling, de verkaveling en in het algemeen alle operaties die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of het productief maken, voor zichzelf of voor anderen van alle bebouwde en onbebouwde onroerende eigendommen;
  25. De aankoop, oprichting, verbouwing, verkoop, huur en onderhuur, erfpacht, concessie en uitbating van onroerende goederen, handelsfondsen en roerende goederen. Het beheer van een vermogen samengesteld uit roerende en onroerende goederen, het valoriseren en in stand houden van dit patrimonium door het stellen van beheersdaden. Beheer wordt in deze zin verstaan dat aankoop en vervreemding toegelaten zijn of noodzakelijk bijdragen tot een meer gunstige samenstelling van het patrimonium van de vennootschap.
  26. De vennootschap mag zowel in België als in het buitenland alle industriële, handels-, roerende, onroerende- en financiële verrichtingen uitvoeren die rechtstreeks of onrechtstreeks dienstig zijn om haar activiteiten uit te breiden;
  27. Onderneming in onroerende goederen: tussenpersoon in aankoop, verkoop en verhuring van gebouwen, expert-raadgever inzake onroerende goederen, de uitbating van een bouwpromotor en vastgoedhandelaar;
  28. Het aanhouden, beheren en valoriseren van een roerend en onroerend patrimonium, de uitoefening van roerende en onroerende leasingactiviteiten;
deed of 07-03-2024 (in Dutch)

Invoicing and payment

VAT number BE 1006.779.133
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1006779133
Other Peppol ID 9925:BE1006779133
Registered 21-09-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1006.779.133

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Thursday of June at 18:00
deed of 07-03-2024 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
374 m²
Building footprint
134 m²
Building volume
1,243 m³
Cadastral parcel Region Area Buildings Height / floors
11033B0577/00V000 Flanders 374 m² 1 · 134 m² 13.8 m · 4