Turnover
≈ €220,000 estimated
The micro format states no turnover.
LIGNUM PROJECTS
Lifetime
11 annual accounts with figures on one time axispeak €248,293 (2021)
€54,865▲ 50.0%
lowest -€24,975 (2023)
€16,811▼ 23.8%
peak €66,257 (2019)
€57,155▲ 41.7%
€101,563▼ 10.6%
peak 4 FTE (2020)
-not published
Owners2 names in the annual accounts
Documentsfilings and deeds
30-04-2026on the last day
2025micro format
Gross margin from €36,579 to €54,865Equity from €40,344 to €57,155Investments €24,316Cash from €600 to €1,900
Key points
from the 2025 annual accountsInvestments
€24,316 2.9 × depreciation
Green is investment, beige is depreciation.
Filings
11 annual accounts since 2015
Two of the last ten came late. The 2021 accounts came latest: 2 days after the end of the period.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,691 companies had the same profile as LIGNUM PROJECTS has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,331 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 34,691 companies, not a prediction for LIGNUM 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0506644262
Incorporation
published on 10-12-2014 · Gazette deed
First establishment
Ambachtstraat 16M, Torhout
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LIGNUM PROJECTS Torhout | €158,718 | €54,865 | 36.0% | - |
| CAMBRELIN Bruges | €174,719 | €49,329 | 52.1% | - |
| LUC DHAENS Zedelgem | €183,457 | €48,308 | 46.3% | - |
| PARISCO Zottegem | €153,411 | €49,178 | 82.8% | - |
| BOIS CONSTRUCT Wellin | €159,484 | €52,845 | 36.0% | - |
| Hemac Ecologie Sprimont | €178,996 | €62,552 | 40.6% | - |
| MILRIC Etterbeek | €145,177 | €51,490 | 42.1% | - |
These companies have the same main activity as LIGNUM PROJECTS: joinery installation (NACE 43320). They are comparable in size and age: total assets between €145,000 and €183,000, founded between 2013 and 2016.
Official details
Source: KBO- Status
- Active since 08-12-2014Normal situation
- Activity
- Joinery installationNACE 43320and 5 others
- Establishment unit
- 2.237.460.6938820 Torhout, since 08-12-2014
- Financial year end
- 30 September
- Peppol
- Reachable since 09-03-2026
Annual accounts to 30-09-2025
- €158,718▲ 3.1%
- Filing
- Filed on 30-04-2026, on the last day of the filing period
Insights on LIGNUM PROJECTS
LIGNUM PROJECTS files the micro format. That format states no turnover. The gross margin rose from €15,516 in 2015 to €54,865 in 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 LIGNUM PROJECTS
- What is the company number of LIGNUM PROJECTS?
- The company number of LIGNUM PROJECTS is 0506.644.262. The VAT number is the same number with BE in front: BE 0506.644.262.
- Where is LIGNUM PROJECTS based?
- The registered office is at Ambachtstraat 16M, 8820 Torhout.Company details
- What does LIGNUM PROJECTS do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of LIGNUM PROJECTS?
- LIGNUM PROJECTS is a private limited company (pre-2019) (BVBA).
- When was LIGNUM PROJECTS founded?
- LIGNUM PROJECTS was founded on 08-12-2014.
- Is LIGNUM PROJECTS still active?
- Yes, LIGNUM PROJECTS is an active enterprise in the KBO register.
- How many employees does LIGNUM PROJECTS have?
- LIGNUM PROJECTS had an average of 1 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of LIGNUM PROJECTS?
- The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €54,865 and 39 comparable companies (NACE 43320). It probably lies between €160,000 and €340,000. In financial year 2020 turnover was €601,652.
- Is LIGNUM PROJECTS profitable?
- In financial year 2025, LIGNUM PROJECTS made a profit of €16,811.
- Where can I find the annual accounts of LIGNUM PROJECTS?
- LIGNUM PROJECTS filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LIGNUM PROJECTS due?
- LIGNUM PROJECTS must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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