LEC-Projects

Active

Private limited companyfounded 20179 yrs activeCadixstraat 50, 2000 Antwerpen, BelgiumKBO/BCE: BE 0671.651.358

LEC-Projects has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €96k and a net result of €49k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 65% of 9417 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Watch Print / PDF

Checked score

Score 2025

93 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100▲+7

Solvency94▲+8

Growth78▲+20

Track record100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €8k at 30 days acceptable

Liquidity ample (current ratio 2.91 against 2.49 in 2024; short-term debt: 31.2% and cash: 71.2% of total assets), and 31.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 71

Relative position

BE, all sectors

reference

Sector 71

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

68.8%

Return on assets

35.1%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

23 d early

2024

31 d early

2023

1 d late

2022

10 d late

2021

29 d late

2020

23 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

19-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€96k▲ 58.4%

2024 · €60k

2020: €75k 2021: €44k 2022: €45k 2023: €60k 2024: €60k

2020 → 2025

Total assets

€139k▲ 41.2%

2024 · €99k

2020: €98k 2021: €59k 2022: €83k 2023: €81k 2024: €99k

2020 → 2025

Net result

€49k▲ 141%

2024 · €20k

2020: €14k 2021: €-32k 2022: €18k 2023: €29k 2024: €20k

2020 → 2025

Working capital

€83k▲ 45.4%

2024 · €57k

2020: €65k 2021: €35k 2022: €40k 2023: €57k 2024: €57k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€44k-€45k▲ 2.7%€60k▲ 34.8%€60k▲ 0.4%€96k▲ 58.4%

Operating result€-30k-€27k€47k▲ 74.9%€38k▼ 19.0%€76k▲ 101%

Net result€-32k-€18k€29k▲ 55.7%€20k▼ 29.1%€49k▲ 141%

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

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 101% above 2024 and is the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €139k

90.6%

Fixed assets €13k▲ 262%

Current assets €126k▲ 32.8%

Equity and liabilities €139k

68.8%

31.2%

Equity €96k▲ 58.4%

Debt €43k▲ 13.9%

The debt ratio falls from 38.6% to 31.2%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€79k▲

2024 · €40k

Cash flow

€51k▲

2024 · €22k

Solvency

68.8%▲

2024 · 61.4%

Current ratio

2.91▲

2024 · 2.49

Quick ratio

2.91▲

2024 · 2.49

Debt / equity

0.45▼

2024 · 0.63

ROE

51.0%▲

2024 · 33.5%

ROA

35.1%▲

2024 · 20.5%

Interest coverage

12.88▲

2024 · 5.89

Debt

€43k▲

2024 · €38k

Debt ≤ 1 year

€43k▲

2024 · €38k

Income taxes

€22k▲

2024 · €11k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€99k€139k▲

Fixed assets21/28€4k€13k▲

Tangible fixed assets22/27€4k€13k▲

Plant, machinery and equipment23€1k€5k▲

Furniture and vehicles24€2k€6k▲

Other tangible fixed assets26-€2k

Current assets29/58€95k€126k▲

Amounts receivable within one year40/41€37k€26k▼

Trade receivables40€22k€25k▲

Other amounts receivable41€14k€923▼

Cash at bank and in hand54/58€56k€99k▲

Deferred charges and accrued income490/1€3k€870▼

Equity and liabilities

Total equity and liabilities10/49€99k€139k▲

Equity10/15€60k€96k▲

Contributions10/11€500€500=

Reserves13€60k€95k▲

Non-distributable reserves130/1€50€50=

Reserves not available under the articles1311€50€50=

Distributable reserves133€60k€95k▲

Amounts payable17/49€38k€43k▲

Amounts payable within one year42/48€38k€43k▲

Financial debts43€3k€3k▼

Credit institutions430/8€3k€3k▼

Trade debts44€4k€14k▲

Suppliers440/4€4k€14k▲

Taxes, remuneration and social security45€7k€14k▲

Taxes450/3€4k€11k▲

Remuneration and social security454/9€3k€3k▼

Other amounts payable47/48€24k€12k▼

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲

Other operating charges640/8€1k€2k▲

Gross operating margin9900€41k€80k▲

Operating profit (loss)9901€38k€76k▲

Financial income75/76B€5€259▲

Recurring financial income75€5€259▲

Financial charges65/66B€7k€6k▼

Recurring financial charges65€7k€6k▼

Profit (loss) for the period before taxes9903€31k€70k▲

Income taxes67/77€11k€22k▲

Profit (loss) for the period9904€20k€49k▲

Profit (loss) for the period to be appropriated9905€20k€49k▲

Appropriation of the result

Profit (loss) to be appropriated9906€20k€49k▲

Transfer from equity791/2€20k€14k▼

Transfer to equity691/2€20k€49k▲

To other reserves6921€20k€49k▲

Profit to be distributed694/7€20k€14k▼

Return on contributions (dividend)694€20k€14k▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 9Financial 3Filings 6

Next filing, fiscal year 2026, expected by 31-07-2027

2026

08-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Highest result since 2020net €49k ▲141%

Operating result €76k, net result €49k, both a record.

30-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

01-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 1 day late

2023

10-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 10 days late

2022

31-12

Financial Back to profitnet €18k

Net result €18k after one loss-making year.

29-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 29 days late

2021

31-12

Financial Weakest financial yearnet €-32k ▼334%

Net result drops to €-32k, the lowest in the series; recovery starts the following year.

23-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 23 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Antwerpen · 1 establishment unit since 2017

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Cadixstraat 502000 Antwerpen

Ground area

2,293 m²

Building footprint

2,312 m²

Volume, LiDAR

10,586 m³

Parcel 11807G0157/09B000, Flanders · tallest building 9.8 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

LEC-Projects

Cadixstraat 50, 2000 AntwerpenRepair and maintenance of electrical equipment

since 20172.262.022.974

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11807G0157/09B000	Flanders	2,293 m²	1 · 2,312 m²	9.8 m · 1 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

ECOO New Technologies

BE 0773.998.236

Houthalen-Helchteren · Eq €96k

Of 2,145 companies in sector 71209 we hold annual accounts for 1,085. 820 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded16-02-2017

Fiscal year end31-12

Activities, NACEBEL

71209Other technical testing and analysis

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.