LK PROJECT
ActiveSummary
The computed 12-month bankruptcy probability of LK PROJECT is 6.5% (elevated). For LK PROJECT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €7,354 and a net result of -€872. Equity is shrinking by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 17995 sector peers (fiscal year 2023). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
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
Profitability8▼-25
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
6.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
98.6%
Return on assets
-11.7%
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 · 4 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline29-09-2026 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 13-11-2024, 105 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
105 d late
2022
2 d late
2021
16 d late
2020
13 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 34 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
€7,354▼ 10.6%
2022 · €8,226
Total assets
€7,456▼ 10.5%
2022 · €8,328
Net result
-€872▼ 467%
2022 · -€154
Working capital
€7,354▼ 10.6%
2022 · €8,226
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, 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
Line2020202120222023
Operating result-€788--€527▲ 33.1%-€872
Net result-€836within the sector's middle half--€784within the sector's middle half▲ 6.2%-€154within the sector's middle half▲ 80.4%-€872within the sector's middle half▼ 467%
Equity€9,164within the sector's middle half-€8,379within the sector's middle half▼ 8.6%€8,226within the sector's middle half▼ 1.8%€7,354within the sector's middle half▼ 10.6%
Total assets€9,173below the sector's middle half-€8,379below the sector's middle half▼ 8.7%€8,328below the sector's middle half▼ 0.6%€7,456below the sector's middle half▼ 10.5%
Debt€10-€103€103=
Working capital€9,164within the sector's middle half-€8,226within the sector's middle half€7,354within the sector's middle half▼ 10.6%
Solvency99.9%above the sector's middle half-100.0%above the sector's middle half▲ 0.1pp98.8%above the sector's middle half▼ 1.2pp98.6%above the sector's middle half▼ 0.1pp
Current ratio80.95above the sector's middle half72.48above the sector's middle half▼ 8.48
Return on assets (ROA)-9.1%within the sector's middle half--9.4%below the sector's middle half▼ 0.2pp-1.8%within the sector's middle half▲ 7.5pp-11.7%below the sector's middle half▼ 9.8pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, 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 is -€872 in 2023, compared with -€527 in 2021. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €7,456
Equity
€7,354 ▼ 10.6%
Debt
€103 =
Debt's share of the balance-sheet total rises from 1.2% to 1.4%. Equity is lower.
Key figures and ratios
Debt to equity
0.01▲
2022 · 0.01
ROE
-11.9%▼
2022 · -1.9%
Debt ≤ 1 year
€103=
2022 · €103
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | - | €125 | - | - | - |
| Gross operating margin9900 | -€788 | -€402 | - | -€872 | - |
| Operating profit (loss)9901 | -€788 | -€527 | - | -€872 | - |
| Financial charges65/66B | - | €257 | €154 | - | - |
| Recurring financial charges65 | €48 | €257 | €154 | - | - |
| Profit (loss) for the period before taxes9903 | -€836 | -€784 | -€154 | -€872 | ▼ 467% |
| Profit (loss) for the period9904 | -€836 | -€784 | -€154 | -€872 | ▼ 467% |
| Profit (loss) for the period to be appropriated9905 | -€836 | -€784 | -€154 | -€872 | ▼ 467% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €9,173 | €8,379 | €8,328 | €7,456 | ▼ 10.5% |
| Current assets29/58 | €9,173 | €8,379 | €8,328 | €7,456 | ▼ 10.5% |
| Amounts receivable within one year40/41 | €9,173 | - | - | €254 | - |
| Other amounts receivable41 | - | - | - | €254 | - |
| Cash at bank and in hand54/58 | - | €8,379 | €8,328 | €7,202 | ▼ 13.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €9,173 | €8,379 | €8,328 | €7,456 | ▼ 10.5% |
| Equity10/15 | €9,164 | €8,379 | €8,226 | €7,354 | ▼ 10.6% |
| Contributions10/11 | - | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€836 | -€1,621 | -€1,774 | -€2,646 | ▼ 49.1% |
| Amounts payable17/49 | €10 | - | €103 | €103 | = |
| Amounts payable within one year42/48 | €10 | - | €103 | €103 | = |
| Financial debts43 | - | - | €103 | €103 | = |
| Credit institutions430/8 | - | - | €103 | €103 | = |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€836 | -€784 | -€154 | -€872 | ▼ 467% |
| Operating cash flow (approximation) | -€836 | -€784 | -€154 | -€872 | ▼ 467% |
| Change in cash | - | - | -€51 | -€1,126 | ▼ 2,109% |
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
2024
13-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 105 days late
2023
31-12
Financial
Weakest financial yearnet -€872
Net result drops to -€872, the lowest in the series.
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Zaventem · 1 establishment unit since 2020
Ground area
245 m²
Building footprint
243 m²
Volume, LiDAR
1,817 m³
2 parcels, Brussels, Flanders · tallest building 15.2 m, ±5 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
LK PROJECT
since 20202.300.897.804
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0364/00T002 | Flanders | 168 m² | 1 · 168 m² | 11.7 m · 1 fl. |
| 21809K0387/00M007 | Brussels | 76 m² | 1 · 75 m² | 15.2 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.300.897.804
Similar companies · same sector, comparable size
LOGRE
BE 0881.327.647
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LAKAL
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BRAVI
BE 0700.780.062
Namur · Eq €7,362
BEAUFLEUR
BE 0738.699.342
Koksijde · Eq €7,366
CHEZ TONTON
BE 1018.175.148
Mons · Eq €7,368
Of 21,853 companies in sector 56112 we hold annual accounts for 9,777. 6,162 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
Founded26-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.