LeadProjects
ActiveSummary
LeadProjects has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55,513 and a net result of €16,995. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 46% of 39,152 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €55,513
- Profit
- €16,995
Why 92raises riskFounded in 2019Liquidity: current ratio 2.40, cash €8,568, halvedlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €109,159Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro): better than 47% on solvency, 37% on liquidity, 57% on profitability and 78% on growth.
The bankruptcy probability was computed on 27-10-2026 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
This company filed its last 6 accounts on average 25 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Liquidity doublescurrent ratio 2.40
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result falls in 2025; 2025 is 54% below 2024 and is the lowest result in the available series.
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.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy 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, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 26,972 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% 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 497,445 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 26,972 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 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,089 | €8,726 | €8,477 | €8,229 | €3,087 | €10,964 | ▲ 255% |
| Other operating charges640/8 | - | - | €398 | €1,552 | €1,450 | €727 | ▼ 49.9% |
| Gross operating margin9900 | €29,318 | €41,703 | €34,050 | €52,623 | €48,710 | €31,992 | ▼ 34.3% |
| Operating profit (loss)9901 | €14,246 | €31,963 | €25,175 | €42,843 | €44,173 | €20,300 | ▼ 54.0% |
| Financial income75/76B | - | - | €0 | €199 | €1,974 | €2,489 | ▲ 26.1% |
| Recurring financial income75 | - | €0 | €0 | €199 | €1,974 | €2,489 | ▲ 26.1% |
| Financial charges65/66B | - | - | €284 | €429 | €365 | €502 | ▲ 37.5% |
| Recurring financial charges65 | €659 | €314 | €284 | €429 | €365 | €502 | ▲ 37.5% |
| Profit (loss) for the period before taxes9903 | €13,587 | €31,649 | €24,890 | €42,613 | €45,781 | €22,287 | ▼ 51.3% |
| Income taxes67/77 | €4,745 | €7,585 | €6,689 | €11,104 | €12,913 | €5,292 | ▼ 59.0% |
| Profit (loss) for the period9904 | €8,842 | €24,064 | €18,201 | €31,509 | €32,868 | €16,995 | ▼ 48.3% |
| Profit (loss) for the period to be appropriated9905 | €8,842 | €24,064 | €18,201 | €31,509 | €32,868 | €16,995 | ▼ 48.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €53,628 | €74,476 | €85,830 | €116,457 | €200,537 | €109,159 | ▼ 45.6% |
| Fixed assets21/28 | €28,190 | €19,464 | €11,771 | €4,139 | €51,680 | €45,395 | ▼ 12.2% |
| Tangible fixed assets22/27 | €28,190 | €19,464 | €11,771 | €4,139 | €51,680 | €45,395 | ▼ 12.2% |
| Furniture and vehicles24 | - | - | €11,771 | €3,911 | €157 | €1,549 | ▲ 884% |
| Leasing and similar rights25 | - | - | - | - | €45,439 | €35,884 | ▼ 21.0% |
| Other tangible fixed assets26 | - | - | - | - | €6,084 | €7,961 | ▲ 30.9% |
| Assets under construction and advance payments27 | - | - | - | €228 | - | - | - |
| Current assets29/58 | €25,438 | €55,013 | €74,059 | €112,318 | €148,857 | €63,764 | ▼ 57.2% |
| Amounts receivable within one year40/41 | €7,000 | €12,954 | €11,906 | €19,038 | €70,588 | €51,777 | ▼ 26.6% |
| Trade receivables40 | - | - | €11,906 | €12,838 | €4,096 | €38,630 | ▲ 843% |
| Other amounts receivable41 | - | - | - | €6,199 | €66,492 | €13,147 | ▼ 80.2% |
| Cash at bank and in hand54/58 | €17,390 | €41,469 | €61,306 | €92,163 | €76,176 | €8,568 | ▼ 88.8% |
| Deferred charges and accrued income490/1 | - | - | €847 | €1,118 | €2,093 | €3,419 | ▲ 63.4% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €53,628 | €74,476 | €85,830 | €116,457 | €200,537 | €109,159 | ▼ 45.6% |
| Equity10/15 | €15,042 | €36,606 | €54,807 | €86,316 | €38,518 | €55,513 | ▲ 44.1% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €18,534 | €18,534 | = |
| Reserves13 | €5,000 | €15,000 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Distributable reserves133 | - | - | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Profit (loss) carried forward14 | €3,842 | €15,406 | €33,607 | €65,116 | €4,984 | €21,979 | ▲ 341% |
| Amounts payable17/49 | €38,586 | €37,870 | €31,022 | €30,141 | €162,020 | €53,646 | ▼ 66.9% |
| Amounts payable after more than one year17 | €19,336 | €11,922 | €4,419 | - | €35,998 | €27,024 | ▼ 24.9% |
| Financial debts170/4 | - | - | €4,419 | - | €35,998 | €27,024 | ▼ 24.9% |
| Amounts payable within one year42/48 | €19,165 | €25,668 | €26,604 | €30,141 | €126,022 | €26,622 | ▼ 78.9% |
| Current portion of amounts payable after more than one year42 | - | - | €7,503 | €4,419 | €8,885 | €8,974 | ▲ 1.0% |
| Trade debts44 | €941 | €265 | €4,041 | €6,914 | €7,730 | €6,577 | ▼ 14.9% |
| Suppliers440/4 | - | - | €4,041 | €6,914 | €7,730 | €6,577 | ▼ 14.9% |
| Taxes, remuneration and social security45 | - | - | €11,858 | €18,809 | €16,406 | €11,071 | ▼ 32.5% |
| Taxes450/3 | - | - | €11,858 | €17,004 | €16,406 | €11,071 | ▼ 32.5% |
| Remuneration and social security454/9 | - | - | - | €1,805 | - | - | - |
| Other amounts payable47/48 | - | - | €3,201 | - | €93,000 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,842 | €24,064 | €18,201 | €31,509 | €32,868 | €16,995 | ▼ 48.3% |
| + Depreciation and write-downs630 | €13,089 | €8,726 | €8,477 | €8,229 | €3,087 | €10,964 | ▲ 255% |
| Operating cash flow (approximation) | €21,931 | €32,790 | €26,679 | €39,737 | €35,956 | €27,959 | ▼ 22.2% |
| Investment in fixed assets (approximation) | - | €0 | -€784 | -€597 | -€50,629 | -€4,679 | ▲ 90.8% |
| Change in cash | - | €24,079 | €19,837 | €30,856 | -€15,986 | -€67,609 | ▼ 323% |
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 (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 29-01-2026 | 2026-00028705 |
| 30-06-2024 | micro format | 28-02-2025 | 2025-00043300 |
| 30-06-2023 | micro format | 15-11-2023 | 2023-00512939 |
| 30-06-2022 | micro format | 23-12-2022 | 2022-20547099 |
| 30-06-2021 | micro format | 15-12-2021 | 2021-80400080 |
| 30-06-2020 | micro format | 18-01-2021 | 2021-01200142 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| VANDERHAEGEN Jérôme |
|
Owners and capital
Capital and shareholders
- 08-12-2023 Capital conversion · mise à disposition pour des distributions futures
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
08-12
Gazette deed
Resignation: VANDERHAEGEN Jérôme (sole manager)Appointment: VANDERHAEGEN Jérôme (sole director) · Permanent representative: VANDERHAEGEN Jérôme · Legal-form conversion12 facts ▸
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Capital conversion, “mise à disposition pour des distributions futures” (deed in French)
- Registered-office move, 5100 Namur (Wépion),Chemin du Beau Vallon 26
- Amendment of the articles
- Capital
- Director resignation, VANDERHAEGEN Jérôme (sole manager)
- Director appointment, VANDERHAEGEN Jérôme (sole director)
- Director discharge, VANDERHAEGEN Jérôme
- Permanent representative, VANDERHAEGEN Jérôme
- Power of attorney, Frédéric MAGNUS
- Power of attorney
- General meeting, “toutes ces résolutions adoptées à l'unanimité, POUR EXTRAIT ANALYTIQUE CONFORME” (deed in French)
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92135F0232/00F000 | Wallonia | 1,323 m² | - | - |
| 92136B0424/00C000 | Wallonia | 1,071 m² | 1 · 120 m² | 8.2 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Entreprise générale; Entrepreneur en gros œuvre ; installation (sanitaire,climatisation,chauffage,gaz) ; électrotechnique; Placement (de…” (deed in French)
18 activities (deed in French)
- Entreprise générale
- Entrepreneur en gros œuvre ; installation (sanitaire,climatisation,chauffage,gaz) ; électrotechnique
- Placement (de menuiserie,réparation et vitrerie)
- Entrepreneur en toiture et toute autre activité en relation avec la construction
- Expert immobilier
- Architecte d’intérieur : entrepreneur général de coordination et de planification de travaux de rénovation et de décoration
- Entretien de pelouses et de jardins
- La recherche et le développement d’activités nouvelles
- Les études techniques ou les conseils liés à la gestion d’immeubles et de propriété
- Les affaires immobilières
- Les activités d’intermédiaire commercial et de gestion immobilière
- Le commerce en gros ou en détail
- L’acquisition de tout droit immobilier en Belgique ou à l’étranger,démembré ou non,indivis ou non,financée par fonds propres ou par crédit hypothécaire ou non,bâti ou non bâti,pour les besoins ou non de son premier objet ou dans le but de donner en location,mettre à disposition de son gérant ou de son personnel
- La réalisation de toutes opérations foncières et immobilières et notamment : la constitution et la gestion de patrimoine immobilier et la location-financement de biens immeubles aux tiers
- Notamment l’acquisition par l’achat ou autrement,la vente,l’échange,la construction,la reconstruction,la transformation,l’amélioration,l’équipement,l’aménagement,l’embellissement,l’entretien,l’exploitation,la location,la prise en location,le lotissement,la prospection et l’exploitation de biens immeubles,ainsi que toutes opérations qui,directement ou indirectement,sont en relation avec cet objet et qui sont de nature à favoriser l’accroissement et le rapport d’un patrimoine immobilier,de même que se porter caution pour la bonne fin d’engagements pris par des tiers qui auraient la jouissance de ces biens immeubles
- Les missions de consultance,de conseil d’assistance relatifs à la gestion et à l’organisation commerciale,administrative,financière,marketing et humaine des entreprises industrielles,commerciales ou agricoles ou d’organismes professionnels,les activités de conseil en gestion d’entreprises,l’organisation de conférences,congrès,de séminaires,au profit des personnes physiques ou morales et d’entreprises tant belges qu’étrangères,ainsi que toutes institutions publiques ou privées
- L’exercice ou la participation à la gestion d’une ou plusieurs société ou entreprise,en vue notamment d’effectuer des tâches de conseils de gestion et/ou de représentation de sociétés ou entreprises et de faire partie de leurs organes de gestion
- L’exercice de mandats de gérants,d’administrateurs ou de liquidateurs dans d’autres sociétés industrielles ou commerciales ou immobilières
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- LeadProjects
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, peut établir par simple décision de l’organe d’administration des sièges administratifs,agences,ateliers,dépôts et…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d’administration, assemblée générale peut accorder indemnité de départ” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement actions acquises, cessions entre vifs onéreux ou gratuit volontaires ou…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission de nouvelles actions – Droit de préférence, organe qui procède à l’émission” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of December at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps par assemblée générale dans formes modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Faculté assemblée de désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments, quelque cause et moment que ce soit” (deed in French)