LJ PROJECTS
Active1 interim measureSummary
The file of LJ PROJECTS contains 1 interim measure, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 3.7% (moderate). The 2025 annual accounts show negative equity (-€244,134) and a net result of €33,901. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 18537 sector peers (fiscal year 2025).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency0=
Growth78=
Track record80
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.25 against 0.17 in 2024; short-term debt: 401.2% and cash: 0.2% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% 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 2025Solvency, return and age of the figures
Solvency
-301.2%
Return on assets
41.8%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 18537 sector peers (2025).
NBB · sector comparisonPosition among 18537 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-02-2026, 3 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
3 d late
2024
3 d late
2023
on the day
2022
22 d late
2021
9 d late
2020
271 d late
2019
402 d late
← 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 101 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
-€244,134▲ 12.2%
2024 · -€278,035
Total assets
€81,050▲ 42.9%
2024 · €56,728
Net result
€33,901▲ 90.7%
2024 · €17,779
Working capital
-€244,134▲ 12.2%
2024 · -€278,035
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line20212022202320242025
Operating result-€3,813▲ 26.3%€12,978€16,486▲ 27.0%€19,036▲ 15.5%€34,717▲ 82.4%
Net result-€3,849below the sector's middle half▲ 26.7%€12,699within the sector's middle half€15,919within the sector's middle half▲ 25.4%€17,779within the sector's middle half▲ 11.7%€33,901above the sector's middle half▲ 90.7%
Equity-€324,432below the sector's middle half▼ 1.2%-€311,733below the sector's middle half▲ 3.9%-€295,814below the sector's middle half▲ 5.1%-€278,035below the sector's middle half▲ 6.0%-€244,134below the sector's middle half▲ 12.2%
Total assets€544below the sector's middle half▲ 2,618%€27,088below the sector's middle half▲ 4,882%€34,642below the sector's middle half▲ 27.9%€56,728below the sector's middle half▲ 63.8%€81,050within the sector's middle half▲ 42.9%
Debt€324,976▲ 1.4%€338,820▲ 4.3%€330,456▼ 2.5%€334,763▲ 1.3%€325,184▼ 2.9%
Working capital-€324,432▼ 1.2%-€311,733▲ 3.9%-€295,814▲ 5.1%-€278,035▲ 6.0%-€244,134▲ 12.2%
Solvency-853.9%below the sector's middle half-490.1%below the sector's middle half▲ 363.8pp-301.2%below the sector's middle half▲ 188.9pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, 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 has risen four years in a row; 2025 is 82% above 2024 and is the highest result in the available series.
Key figures and ratios
Current ratio
0.25▲
2024 · 0.17
Debt to equity
-1.33▼
2024 · -1.20
ROA
41.8%▲
2024 · 31.3%
Debt ≤ 1 year
€325,184▼
2024 · €334,763
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,640 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
2.7%
went bankrupt
4.9%
stopped otherwise
92%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,640 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €420 | €254 | €141 | €144 | ▲ 2.6% |
| Non-recurring operating charges66A | - | €800 | €152 | €7,540 | €583 | ▼ 92.3% |
| Gross operating margin9900 | -€2,937 | €14,198 | €16,892 | €26,716 | €35,445 | ▲ 32.7% |
| Operating profit (loss)9901 | -€3,813 | €12,978 | €16,486 | €19,036 | €34,717 | ▲ 82.4% |
| Financial charges65/66B | - | €278 | €567 | €1,257 | €816 | ▼ 35.1% |
| Recurring financial charges65 | €36 | €278 | €567 | €1,257 | €816 | ▼ 35.1% |
| Profit (loss) for the period before taxes9903 | -€3,849 | €12,699 | €15,919 | €17,779 | €33,901 | ▲ 90.7% |
| Profit (loss) for the period9904 | -€3,849 | €12,699 | €15,919 | €17,779 | €33,901 | ▲ 90.7% |
| Profit (loss) for the period to be appropriated9905 | -€3,849 | €12,699 | €15,919 | €17,779 | €33,901 | ▲ 90.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €544 | €27,088 | €34,642 | €56,728 | €81,050 | ▲ 42.9% |
| Current assets29/58 | €544 | €27,088 | €34,642 | €56,728 | €81,050 | ▲ 42.9% |
| Amounts receivable within one year40/41 | - | €26,545 | €31,521 | €56,692 | €80,872 | ▲ 42.7% |
| Trade receivables40 | - | €26,529 | €31,500 | €56,645 | €80,825 | ▲ 42.7% |
| Other amounts receivable41 | - | €16 | €21 | €47 | €47 | = |
| Cash at bank and in hand54/58 | €544 | €542 | €3,121 | €36 | €178 | ▲ 394% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €544 | €27,088 | €34,642 | €56,728 | €81,050 | ▲ 42.9% |
| Equity10/15 | -€324,432 | -€311,733 | -€295,814 | -€278,035 | -€244,134 | ▲ 12.2% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Capital10 | - | €100,000 | - | - | - | - |
| Issued capital100 | - | €100,000 | - | - | - | - |
| Profit (loss) carried forward14 | -€424,432 | -€411,733 | -€395,814 | -€378,035 | -€344,134 | ▲ 9.0% |
| Amounts payable17/49 | €324,976 | €338,820 | €330,456 | €334,763 | €325,184 | ▼ 2.9% |
| Amounts payable within one year42/48 | €324,976 | €338,820 | €330,456 | €334,763 | €325,184 | ▼ 2.9% |
| Trade debts44 | €5,860 | €6,910 | €181 | €2,210 | €2,969 | ▲ 34.4% |
| Suppliers440/4 | - | €6,910 | €181 | €2,210 | €2,969 | ▲ 34.4% |
| Taxes, remuneration and social security45 | - | €37,788 | €12,509 | €53,247 | €11,458 | ▼ 78.5% |
| Taxes450/3 | - | €13,220 | €12,509 | €19,579 | €11,458 | ▼ 41.5% |
| Remuneration and social security454/9 | - | €24,567 | - | €33,668 | - | - |
| Other amounts payable47/48 | - | €294,123 | €317,766 | €279,307 | €310,757 | ▲ 11.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,849 | €12,699 | €15,919 | €17,779 | €33,901 | ▲ 90.7% |
| Operating cash flow (approximation) | -€3,849 | €12,699 | €15,919 | €17,779 | €33,901 | ▲ 90.7% |
| Change in cash | - | -€2 | €2,579 | -€3,085 | €142 | ▲ 105% |
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
Next filing, fiscal year 2026, expected by
2026
03-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
15-12
Interim measure
Provisional administrator
Ondernemingsrechtbank Gent
30-06
Financial
Highest result since 2019net €33,901 ▲90.7%
Operating result €34,717, net result €33,901, both a record.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
30-06
Financial
Back to profitnet €12,699
Net result €12,699 after 3 loss-making years.
09-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 271 days late
08-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 402 days late
2019
07-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 7 days late
2017
12-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
13-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 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, Deinze · 1 establishment unit since 2014
Ground area
691 m²
Building footprint
164 m²
Volume, LiDAR
876 m³
Parcel 44006A0028/00F003, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Game Mania Deinze
since 20142.232.462.126
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44006A0028/00F003 | Flanders | 691 m² | 1 · 164 m² | 7.2 m · 2 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.
Similar companies · same sector and region
Blue Globe Sports
BE 0578.939.253
Deinze
Crossfit VOLT
BE 0746.855.854
Deinze
Greg's Fly Shop
BE 0785.704.948
Deinze
POLY - AL BOATS
BE 0479.501.286
Deinze
't Stokstaartje
BE 0690.746.403
Dendermonde
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 2,103 companies in sector 47640 we hold annual accounts for 907. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-06-2014
Fiscal year end30-06
Activities, NACEBEL 2025
47640Retail sale of games and toys
46431Wholesale of electrical household appliances and audio-video equipment
Contact
E-mail
jean.louckx@telenet.be
Phone
0471320362
E-invoicing
Reachable via Peppol
Peppol ID
0208:0554936010
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.