Turnover
≈ €370,000 estimated
The micro format states no turnover.
Lex Projects
Lifetime
1 annual account with figurespeak €148,779 (2025)
€148,779
lowest -€14,298 (2025)
-€14,298
peak €15,702 (2025)
€15,702
€302,627
Board2 names since 2024
2 directors and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Loss of €14,298Appointment: (director) 22-04First year with figures
Key points
from the 2025 annual accountsDebts
€302,627 95% of the balance sheet
Financial debts 67%Suppliers 17%Taxes and wages 5%Other 10%
Of this, €98,861 falls due within a year.
Position in the sector
€148,779
Higher gross margin than 80% of companies in accommodation. Sector median €47,874 · 1,846 companies.
2025 accounts filed 31 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,303 companies had the same profile as Lex Projects has now. Each dot stands for 4 companies, two years later.
92.4%
were still trading
1.8%
stopped another way
5.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,303 companies, not a prediction for Lex 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.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 20-09-2024
Director, since 01-02-2025
- 300 sharesdeed of 24-09-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1013855480
Appointment: (director)
General meeting of 01-02-2025 · Gazette deed
Incorporation
Founding capital of €30,000, 300 shares · Founder: · Appointment: (director) · published on 24-09-2024 · Gazette deed
First establishment
Flandria Hotel, Barrestraat 3, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Lex Projects Avelgem | €318,329 | €148,779 | 4.9% | - |
| HOTEL GLENMORE Oostkamp | €242,889 | €203,732 | 1.2% | - |
| SP.CB Jalhay | €277,720 | €201,163 | 4.7% | - |
| VIEUX MOULIN WEYWERTZ Butgenbach | €405,514 | €193,107 | -23.8% | - |
| FOGEHO Woluwe-Saint-Pierre | €422,939 | €94,552 | 25.2% | - |
| Achouffe Valley Houffalize | €404,703 | €205,129 | 2.1% | - |
| BCS Brugge Bruges | €177,310 | €172,631 | 6.9% | - |
These companies have the same main activity as Lex Projects: hotels and similar accommodation (NACE 55100). They are comparable in size and age: total assets between €177,000 and €423,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 20-09-2024Normal situation
- Activity
- Hotels and similar accommodationNACE 55100and 1 other
- Establishment unit
- 2.369.788.1929000 Ghent, since 20-09-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 12-12-2025
Insights on Lex Projects
Lex Projects has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,702 and a net result of -€14,298.
Its solvency ranks better than 35% of 1,847 sector peers (NACE 55, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Lex Projects
- What is the company number of Lex Projects?
- The company number of Lex Projects is 1013.855.480. The VAT number is the same number with BE in front: BE 1013.855.480.
- Where is Lex Projects based?
- The registered office is at Oudenaardsesteenweg 92, 8580 Avelgem.Company details
- What does Lex Projects do?
- According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
- What is the legal form of Lex Projects?
- Lex Projects is a private limited company (BV).
- When was Lex Projects founded?
- Lex Projects was founded on 20-09-2024.
- Is Lex Projects still active?
- Yes, Lex Projects is an active enterprise in the KBO register.
- How many employees does Lex Projects have?
- Lex Projects had an average of 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Lex Projects?
- The turnover in financial year 2025 is ≈ €370,000. This figure is estimated from the gross margin of €148,779 and 2,201 comparable companies of the same size. It probably lies between €250,000 and €580,000. It is a rough estimate.
- Is Lex Projects profitable?
- In financial year 2025, Lex Projects made a loss of €14,298.
- Where can I find the annual accounts of Lex Projects?
- Lex Projects filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.