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LJ PROJECTS

Active1 interim measure Private limited companyfounded 2014active for 12 yearsMolenhuisstraat 4, 9800 DeinzeKBO/BCE: BE 0554.936.010

Lifetime

11 annual accounts with figures on one time axis
peak €57,235 (2016)
€35,445▲ 32.7%
lowest -€203,344 (2018)
€33,901▲ 90.7%
peak €20,365 (2015)
-€244,134▲ €33,901
€325,184▼ 2.9%
peak 2 FTE (2015)
-not published
Board1 name since 2019
- 
Documentsfilings and deeds
03-02-20263 days late
2025micro format
Gross margin from €26,716 to €35,445Result from €17,779 to €33,901Provisional administrator 15-12Registered office moved from Lievegem to Bachte-Maria-Leerne 03-12Equity from -€278,035 to -€244,134Cash from €36 to €178

Key points

from the 2025 annual accounts

Equity

-€244,134
202020212022202320242025

Debts exceed assets in financial year 2025.

Debts

€325,184 401% of the balance sheet
Suppliers 1%Taxes and wages 4%Other 96%

Position in the sector

-301.2%

Lower solvency than 95% of companies in retail trade. Sector median 33.4% · 25,237 companies.

2025 accounts filed 3 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,631 companies had the same profile as LJ PROJECTS has now. Each dot stands for 10 companies, two years later.

91.8%
were still trading
4.8%
stopped another way
2.9%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3,631 companies, not a prediction for LJ 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

last known board
Director, until 2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0554936010
Provisional administrator Enterprise Court of Ghent · Dean Braeckman · Interim measure
Registered office moved from Lievegem to Bachte-Maria-Leerne New registered office: Molenhuisstraat 4, 9800 Bachte-Maria-Leerne · Previous registered office: Nekke 16 A, 9930 Lievegem · General meeting of 30-09-2025 · Gazette deed
Registered office moved from Kruisem to Lievegem New registered office: Nekke 16A, 9930 Lievegem · Previous registered office: Kruiskensstraat 8B, 9750 Kruisem · General meeting of 01-12-2020 · Gazette deed
All 23 events

Comparable companies

same main activity, similar in size and age
Company
LJ PROJECTS Deinze €81,050 €35,445 -301.2% -
L'ILE AUX BONBONS Woluwe-Saint-Pierre €75,646 €35,301 75.3% -
LOE Hasselt €80,738 €17,432 -5.4% -
DOUBLE KING Brussels €112,001 €38,812 58.2% -
SFX JOUETS Fosses-la-Ville €102,676 €67,767 -304.2% 1
Game4You Jodoigne €113,757 €34,977 24.8% -
WOOD YOU PLAY ? Sombreffe €119,478 €22,689 17.7% -

These companies have the same main activity as LJ PROJECTS: retail sale of games and toys (NACE 47640). They are comparable in size and age: total assets between €75,600 and €119,000, founded between 2008 and 2018.

Official details

Source: KBO
Status
Active since 26-06-2014Interim administrator appointed on 15-12-2025 · normal situation in the KBO register
Activity
Retail sale of games and toysNACE 47640and 1 other
Establishment unit
2.232.462.1269800 Deinze, since 01-07-2014
Financial year end
30 June
Peppol
Reachable since 21-10-2026
Company details

Annual accounts to 30-06-2025

≈ €330,000estimated
€81,050▲ 42.9%
Filing
Filed on 03-02-2026
Financials

Insights on LJ PROJECTS

LJ PROJECTS files the micro format. That format states no turnover. The gross margin rose from €32,854 in 2015 to €35,445 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 LJ PROJECTS

What is the company number of LJ PROJECTS?
The company number of LJ PROJECTS is 0554.936.010. The VAT number is the same number with BE in front: BE 0554.936.010.
Where is LJ PROJECTS based?
The registered office is at Molenhuisstraat 4, 9800 Deinze.Company details
What does LJ PROJECTS do?
According to the KBO register, the main activity is retail sale of games and toys (NACE 47640).
What is the legal form of LJ PROJECTS?
LJ PROJECTS is a private limited company (BV).
When was LJ PROJECTS founded?
LJ PROJECTS was founded on 26-06-2014.
Is LJ PROJECTS still active?
Yes, LJ PROJECTS is an active enterprise in the KBO register.
What is the turnover of LJ PROJECTS?
The turnover in financial year 2025 is ≈ €330,000. This figure is estimated from the gross margin of €35,445 and 367 comparable companies (NACE 47). It probably lies between €180,000 and €550,000.Financials
Is LJ PROJECTS profitable?
In financial year 2025, LJ PROJECTS made a profit of €33,901.
Where can I find the annual accounts of LJ PROJECTS?
LJ PROJECTS filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LJ PROJECTS due?
LJ PROJECTS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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