Financials
- Fiscal year
- 2025
- Total assets
- €44,104
- Loss
- -€23,854
- Solvency
- -127.7%
Total assets▼ 35.5%
Net result
20192025
LG Projects
ActiveSummary
LG Projects has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€56,306) and a net result of -€23,854. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 8% of 20110 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
What they do
Retail sale of household furniture
NACE 47551NACE 47591
1 site
How big
€44,104total assets 2025
- Equity
- -€56,306
- Loss
- -€23,854
Turnover not published (abridged schema)
Who decides
Accounts 38 d early0 of 7 deeds read
Why 53Capped at 59: negative equity- Loss of €23,854, the second in a row (FY 2025)- Negative equity -€56,306+ Size: total assets €44,104+ Liquidity: current ratio 0.44, cash €43,444Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 18% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
0=
equity -127.7% of total assets
Liquidity
50=
short-term debt 227.7% · cash 98.5%
Profitability
0-11
return on assets -54.1%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 4 months
07-2026: 0.8%highest value
08-2026: 0.8%● 0.0% vs 07-2026highest value
09-2026: 0.7%▼ -15.5% vs 08-2026
10-2026: 0.7%▼ -4.6% vs 09-2026lowest value
- Size: total assets €44,104 lowers the probability for this profile
- Loss of €23,854, the second in a row (FY 2025) raises the probability
- Liquidity: current ratio 0.44, cash €43,444 lowers the probability
- Negative equity -€56,306 raises the probability
No credit on open account
Liquidity short (current ratio 0.44 against 0.68 in 2024; short-term debt: 227.7% and cash: 98.5% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 6%, liquidity 52%, profitability 6%, growth against the median 8%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€56,306
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-12-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
on the day
2023
on the day
2022
on the day
2021
3 d early
2020
10 d early
2019
18 d early
← 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 10 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close02-10-2026 today31-01-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet -€23,854
- Annual accounts filedfiscal year 2024 · micro…
Key points
- Risk: Negative equityfiscal year 2025: debts exceed assets -€56,306 View
- Caution: Among the weakest 9% on equitysector median €41,999 · 20,145 companies -€56,306 View
- Positive: Always filed on timeaccounts within the deadline every year 8 years View
- Caution: 2 loss-making years in a rowloss fiscal year 2025 -€23,854 View
By topic
Timeline
- Events
- 12
- Since
- 2017
- Next accounts
- by 31-01-2027
- 24-12-2025Annual accounts filed
- 30-06-2025Weakest financial year
- 31-01-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Retail sale of household furnitureNACE 47551
- Founded
- 04-02-2013
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
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