LDR Projects

Active

Private limited companyfounded 2014active for 12 yearsLeedsesteenweg 94, 9420 Erpe-Mere, BelgiumKBO/BCE: BE 0547.778.794

Summary

LDR Projects has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €128,664 and a net result of €236. Equity remains stable across the filed financial years (±0.6% per year). Its solvency ranks better than 67% of 3,700 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

LDR ProjectsActiveChecked score 92/100

Risk analysis Report Compare

Activity

Raising of horses and other equines

NACE 01430

1 site

Size

€244,089total assets 2025

Staff: 0.4 FTE
Equity: €128,664
Profit: €236

Turnover not published (abbreviated or micro format)

Financial health

92 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

Lynn De RasDirector

2025 accounts filed 11 days late1 of 7 deeds summarised

Why 92raises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 1.73, cash €92,306Sector: Crop and animal production, hunting and related service activities (NACE 01)Equity €128,664 (52.7% of total assets)Show the evidence

Checked score

Score 2025

92 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 54% of its sector peers (NACE 01, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 78+23

equity 52.7% of total assets

Liquidity 74+40

short-term debt 47.3% · cash 37.8%

Profitability 65+65

return on assets 0.1%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (5,682 companies, NACE 01, micro)

Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 1.0%▲ +0.6 percentage points vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 0.9%▼ -0.1 percentage points vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.3%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -1.2 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value

Credit of up to €11,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.73, compared with 1.23 in 2024, above the usual 1.5; short-term debt: 47.3% and cash: 37.8% of total assets), and 47.3% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 01, micro): better than 66% on solvency, 81% on liquidity, 35% on profitability and 35% on growth.

The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises risk

1 change of registered office in 24 months

Belgian Official Gazette

Liquidity: current ratio 1.73, cash €92,306

NBB · annual accounts

Sector: Crop and animal production, hunting and related service activities (NACE 01)

KBO

Equity €128,664 (52.7% of total assets)

NBB · annual accounts

2025 accounts filed 11 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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 · 10 filings

Deviation from the deadline

2025

11 days late

2024

2 days early

2023

29 days late

2022

61 days late

2021

31 days late

2020

61 days late

2019

91 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 40 days after the deadline; the sector median (NACE 01) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)

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 30 August (4 of the last 5 filed years within 31 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

11-08-2026 Annual accounts filedfinancial year 2025 · micro…
31-12-2025 Back to profitnet €236
01-10-2025 Resignation: Koen De Mulder (director)Appointment: Lynn De Ras (director)…

Key points

Positive: Back in profit in 2025after -€78,068 in 2024 €236 View
One director decidessole director in office 1 View
Total assets 20256 financial years filed €244,089 View

By topic

Financials

Financial year: 2025
Total assets: €244,089
Profit: €236
Solvency: 52.7%

Total assets▼ 44.1%

Net result

20182025

Go to Financials

Board & ownership

Board: 1 member

Lynn De RasDirector

Go to Board & ownership

Timeline

Events: 18
Since: 2015
Next accounts: by 31-07-2027

29-07-2025Annual accounts filed
31-12-2024Weakest financial year
29-08-2024Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Raising of horses and other equinesNACE 01430
Founded: 10-03-2014
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 2

Purpose: “- Begeleiding van de rijkunst van paarden; - Het inrichten en organiseren van veilingen…” (deed in Dutch)

Go to Articles of association

Key facts about LDR Projects

What is the company number of LDR Projects?: 0547.778.794. In Belgium the VAT number is the company number with BE in front: BE 0547.778.794.
Where is LDR Projects based?: The registered office is at Leedsesteenweg 94, 9420 Erpe-Mere.Company details
What does LDR Projects do?: According to the KBO register, the main activity is raising of horses and other equines (NACE 01430).
What is the legal form of LDR Projects?: Private limited company (BV).
When was LDR Projects founded?: On 10-03-2014.
Is LDR Projects still active?: Yes, LDR Projects is an active enterprise in the KBO register.
How many employees does LDR Projects have?: On average 0.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of LDR Projects?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is LDR Projects profitable?: In financial year 2025, LDR Projects made a profit of €236.
Where can I find the annual accounts of LDR Projects?: LDR Projects filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LDR Projects due?: By 31-07-2027, for financial year 2026.Timeline