LM PROJECT
ActiveSummary
The computed 12-month bankruptcy probability of LM PROJECT is 11.9% (high). The 2025 annual accounts show negative equity (-€779) and a net result of -€1,009. Its solvency ranks better than 5% of 28254 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 2 accounts on average 37 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 11.9% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 7,638 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Gross operating margin9900 | -€2,758 | -€834 | ▲ 69.7% |
| Operating profit (loss)9901 | -€2,758 | -€834 | ▲ 69.7% |
| Financial charges65/66B | €13 | €174 | ▲ 1,295% |
| Recurring financial charges65 | €13 | €174 | ▲ 1,295% |
| Profit (loss) for the period before taxes9903 | -€2,770 | -€1,009 | ▲ 63.6% |
| Profit (loss) for the period9904 | -€2,770 | -€1,009 | ▲ 63.6% |
| Profit (loss) for the period to be appropriated9905 | -€2,770 | -€1,009 | ▲ 63.6% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1,074 | €221 | ▼ 79.4% |
| Current assets29/58 | €1,074 | €221 | ▼ 79.4% |
| Cash at bank and in hand54/58 | €1,074 | €221 | ▼ 79.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1,074 | €221 | ▼ 79.4% |
| Equity10/15 | €230 | -€779 | ▼ 439% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€2,770 | -€3,779 | ▼ 36.4% |
| Amounts payable17/49 | €845 | €1,000 | ▲ 18.4% |
| Amounts payable within one year42/48 | €845 | €1,000 | ▲ 18.4% |
| Trade debts44 | €845 | - | - |
| Suppliers440/4 | €845 | - | - |
| Other amounts payable47/48 | - | €1,000 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€2,770 | -€1,009 | ▲ 63.6% |
| Operating cash flow (approximation) | -€2,770 | -€1,009 | ▲ 63.6% |
| Change in cash | - | -€853 | - |
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
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21446D0138/00M000 | Brussels | 702 m² | 1 · 235 m² | 38.7 m · 12 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.