LIVE PROJECT
ActiveSummary
The computed 12-month bankruptcy probability of LIVE PROJECT is 4.5% (elevated). For LIVE PROJECT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €71,994 and a net result of €2,436. Equity is growing by ~49.6% per year across the filed fiscal years. Its solvency ranks better than 18% of 8997 sector peers (fiscal year 2023). The company has been active since 2017 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability30▼-30
Solvency34=
Growth78=
Track record92
Bankruptcy probability, 12 months
4.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
9.3%
Return on assets
0.3%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 06-03-2025, 218 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
218 d late
2022
126 d late
2021
31 d late
2020
30 d late
2019
44 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 72 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
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Financials · fiscal year 2023, micro schema
Turnover
€740,385
EBIT margin
0.5%
Net result
€2,436▼ 87.3%
2022 · €19,228
Working capital
€120,250▲ 78.6%
2022 · €67,319
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Turnover
Operating result€5,466▲ 34.9%€8,929▲ 63.4%€58,615▲ 556%€33,532▼ 42.8%€34,088▲ 1.7%
Net result€2,755▲ 74.7%€1,086within the sector's middle half▼ 60.6%€38,711above the sector's middle half▲ 3,463%€19,228within the sector's middle half▼ 50.3%€2,436within the sector's middle half▼ 87.3%
EBIT margin
Equity€10,532▲ 35.4%€11,619below the sector's middle half▲ 10.3%€50,330within the sector's middle half▲ 333%€69,557within the sector's middle half▲ 38.2%€71,994within the sector's middle half▲ 3.5%
Total assets€143,410▼ 7.4%€333,337above the sector's middle half▲ 132%€409,825above the sector's middle half▲ 22.9%€786,586above the sector's middle half▲ 91.9%€775,433above the sector's middle half▼ 1.4%
Debt€132,877▼ 9.7%€321,718▲ 142%€359,495▲ 11.7%€717,029▲ 99.5%€703,440▼ 1.9%
Working capital-€4,702▲ 70.7%€1,105below the sector's middle half€44,943within the sector's middle half▲ 3,969%€67,319within the sector's middle half▲ 49.8%€120,250above the sector's middle half▲ 78.6%
Solvency7.3%▲ 2.3pp3.5%below the sector's middle half▼ 3.9pp12.3%below the sector's middle half▲ 8.8pp8.8%below the sector's middle half▼ 3.4pp9.3%below the sector's middle half▲ 0.4pp
Current ratio0.96▲ 0.071.00below the sector's middle half▲ 0.041.13within the sector's middle half▲ 0.121.09within the sector's middle half▼ 0.031.18within the sector's middle half▲ 0.09
Return on assets (ROA)1.9%▲ 0.9pp0.3%within the sector's middle half▼ 1.6pp9.4%within the sector's middle half▲ 9.1pp2.4%within the sector's middle half▼ 7.0pp0.3%within the sector's middle half▼ 2.1pp
Staff (FTE)1.4within the sector's middle half1.9▲ 35.7%2▲ 5.3%
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
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 2023; 2023 is 2% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €775,433
Fixed assets
€961 ▼ 63.9%
Current assets
€774,472 ▼ 1.2%
Equity and liabilities €775,433
Equity
€71,994 ▲ 3.5%
Debt
€703,440 ▼ 1.9%
Debt's share of the balance-sheet total falls from 91.2% to 90.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36,411▼
2022 · €36,782
Cash flow
€4,758▼
2022 · €22,477
Debt to equity
9.77▼
2022 · 10.31
ROE
3.4%▼
2022 · 27.6%
Interest coverage
1.34▼
2022 · 4.60
Debt ≤ 1 year
€654,222▼
2022 · €716,603
Debt > 1 year
€49,218
Income taxes
€7,201▼
2022 · €7,215
Staff costs
€110,824▲
2022 · €100,616
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €85,281 | €100,616 | €110,824 | ▲ 10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,349 | €10,285 | €2,861 | €3,250 | €2,322 | ▼ 28.5% |
| Other operating charges640/8 | - | - | €1,122 | €12,586 | €11,527 | ▼ 8.4% |
| Gross operating margin9900 | €15,786 | €66,119 | €147,879 | €149,984 | €158,761 | ▲ 5.9% |
| Operating profit (loss)9901 | €5,466 | €8,929 | €58,615 | €33,532 | €34,088 | ▲ 1.7% |
| Financial income75/76B | - | - | €26 | €901 | €2,813 | ▲ 212% |
| Recurring financial income75 | €1,074 | €2 | €26 | €901 | €2,813 | ▲ 212% |
| Financial charges65/66B | - | - | €5,381 | €7,990 | €27,265 | ▲ 241% |
| Recurring financial charges65 | €978 | €2,121 | €5,381 | €7,990 | €27,265 | ▲ 241% |
| Profit (loss) for the period before taxes9903 | €5,561 | €6,809 | €53,260 | €26,442 | €9,637 | ▼ 63.6% |
| Income taxes67/77 | €2,806 | €5,723 | €14,549 | €7,215 | €7,201 | ▼ 0.2% |
| Profit (loss) for the period9904 | €2,755 | €1,086 | €38,711 | €19,228 | €2,436 | ▼ 87.3% |
| Profit (loss) for the period to be appropriated9905 | €2,755 | €1,086 | €38,711 | €19,228 | €2,436 | ▼ 87.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €143,410 | €333,337 | €409,825 | €786,586 | €775,433 | ▼ 1.4% |
| Fixed assets21/28 | €15,234 | €10,514 | €5,387 | €2,664 | €961 | ▼ 63.9% |
| Tangible fixed assets22/27 | €15,234 | €10,514 | €5,387 | €2,664 | €961 | ▼ 63.9% |
| Furniture and vehicles24 | - | - | €5,387 | €2,664 | €961 | ▼ 63.9% |
| Current assets29/58 | €128,176 | €322,823 | €404,438 | €783,922 | €774,472 | ▼ 1.2% |
| Amounts receivable within one year40/41 | €46,510 | €288,003 | €370,218 | €776,938 | €747,221 | ▼ 3.8% |
| Trade receivables40 | - | - | €266,718 | €679,438 | €537,597 | ▼ 20.9% |
| Other amounts receivable41 | - | - | €103,500 | €97,500 | €209,624 | ▲ 115% |
| Cash at bank and in hand54/58 | €62,991 | €34,380 | €24,399 | €0 | - | - |
| Deferred charges and accrued income490/1 | - | - | €9,821 | €6,983 | €27,251 | ▲ 290% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €143,410 | €333,337 | €409,825 | €786,586 | €775,433 | ▼ 1.4% |
| Equity10/15 | €10,532 | €11,619 | €50,330 | €69,557 | €71,994 | ▲ 3.5% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €217 | €217 | €217 | €63,357 | €65,794 | ▲ 3.8% |
| Non-distributable reserves130/1 | - | - | €217 | €217 | - | - |
| Reserves not available under the articles1311 | - | - | €217 | €217 | - | - |
| Distributable reserves133 | - | - | - | €63,141 | €65,794 | ▲ 4.2% |
| Profit (loss) carried forward14 | €4,116 | €5,202 | €43,913 | €0 | - | - |
| Amounts payable17/49 | €132,877 | €321,718 | €359,495 | €717,029 | €703,440 | ▼ 1.9% |
| Amounts payable after more than one year17 | - | - | - | - | €49,218 | - |
| Financial debts170/4 | - | - | - | - | €49,218 | - |
| Amounts payable within one year42/48 | €132,877 | €321,718 | €359,495 | €716,603 | €654,222 | ▼ 8.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €15,224 | - |
| Financial debts43 | - | - | €125,000 | €173,015 | €174,826 | ▲ 1.0% |
| Credit institutions430/8 | - | - | €125,000 | €173,015 | €174,826 | ▲ 1.0% |
| Trade debts44 | €91,089 | €136,200 | €141,018 | €463,140 | €361,286 | ▼ 22.0% |
| Suppliers440/4 | - | - | €141,018 | €463,140 | €361,286 | ▼ 22.0% |
| Taxes, remuneration and social security45 | - | - | €60,267 | €72,482 | €102,887 | ▲ 41.9% |
| Taxes450/3 | - | - | €43,032 | €50,428 | €83,951 | ▲ 66.5% |
| Remuneration and social security454/9 | - | - | €17,235 | €22,054 | €18,936 | ▼ 14.1% |
| Other amounts payable47/48 | - | - | €33,209 | €7,966 | - | - |
| Accrued charges and deferred income492/3 | - | - | €0 | €426 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,755 | €1,086 | €38,711 | €19,228 | €2,436 | ▼ 87.3% |
| + Depreciation and write-downs630 | €9,349 | €10,285 | €2,861 | €3,250 | €2,322 | ▼ 28.5% |
| Operating cash flow (approximation) | €12,105 | €11,371 | €41,573 | €22,477 | €4,758 | ▼ 78.8% |
| Investment in fixed assets (approximation) | - | -€5,565 | €2,266 | -€527 | -€619 | ▼ 17.4% |
| Change in cash | - | -€28,611 | -€9,981 | -€24,399 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
24-08
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- General meeting, 01-06-2026
- Registered-office move, Rue Monchamps 20, 4052 Chaudfontaine
08-06
KBO administration
Address struck
event 28-04-2026
2025
06-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 218 days late
2023
04-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 126 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €38,711 ▲3,463%
Operating result €58,615, net result €38,711, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €1,086 ▼60.6%
Net result drops to €1,086, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Chaudfontaine · 1 establishment unit since 2017
Ground area
1,622 m²
Building footprint
173 m²
Volume, LiDAR
769 m³
Parcel 62012C0213/00B003, Wallonia · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LIVE PROJECT
since 20172.269.847.708
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62012C0213/00B003 | Wallonia | 1,622 m² | 1 · 173 m² | 6.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,052. 13,237 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
43110Demolition
43120Site preparation
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0684496831
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.