Equity
-€259,038
Debts exceed assets in financial year 2025.
LM PROJECTS
Lifetime
18 annual accounts with figures on one time axis, 24 filings since 2002peak €120,783 (2011)
-€7,266▼ €43,216
lowest -€58,997 (2009)
-€10,373▼ €42,095
peak -€109,841 (2011)
-€259,038▼ €10,373
€553,226▼ 10.3%
Board1 name since 2013
1 director
Documentsfilings and deeds
07-07-202624 days before the deadline
2025micro format
Gross margin from €35,950 to -€7,266Loss of €10,373Cash from €262,965 to €5,287
Key points
from the 2025 annual accountsDebts
€553,226 188% of the balance sheet
Financial debts 97%Suppliers 2%Taxes and wages 0%
Of this, €16,003 falls due within a year.
Liquidity
18.33 was 4.77 in 2024
Short-term debts fell from €77,082 to €16,003.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,795 companies had the same profile as LM PROJECTS has now. Each dot stands for 7 companies, two years later.
90.3%
were still trading
6.1%
stopped another way
2.1%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 2,795 companies, not a prediction for LM 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
Recent changes
Environmental permit granted
Bouwen of herbouwen, Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen · Halen
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0474748583
Registered office moved from Aartselaar to Herentals
New registered office: Steenovens 8, 2200 Herentals · Previous registered office: Antwerpsesteenweg 124, 2630 Aartselaar · Reappointment: (director) · General meeting of 12-12-2023 · Gazette deed
Environmental permit granted
Bouwen of herbouwen · Heist-op-den-Berg
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LM PROJECTS Herentals | €294,188 | -€7,266 | -88.1% | - |
| DEPA PROJECTS Zonnebeke | €278,722 | -€3,317 | -21.1% | - |
| VEGA RENTEC & BUILD SOLUTIONS Eupen | €272,651 | -€3,438 | 49.2% | - |
| HAPPY Erpe-Mere | €304,518 | -€4,579 | 56.6% | - |
| FROEYEN INDUSTRIEVLOEREN Hasselt | €357,377 | -€49,504 | 94.6% | - |
| ERDIGRO Herselt | €411,700 | -€434 | 87.2% | - |
| WIDOMSKI Antwerp | €231,798 | €521 | 93.3% | - |
These companies have the same main activity as LM PROJECTS: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €232,000 and €412,000, founded between 1999 and 2006.
Official details
Source: KBO- Status
- Active since 07-05-2001Normal situation
- Activity
- Other specialised construction activitiesNACE 43990
- Establishment unit
- 2.095.873.0602200 Herentals, since 16-04-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 29-10-2025
Annual accounts 2025
- €294,188▼ 20.1%
- Filing
- Filed on 07-07-2026, 24 days before the end of the filing period
Insights on LM PROJECTS
LM PROJECTS files the micro format. That format states no turnover. The gross margin fell from €9,389 in 2008 to -€7,266 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 LM PROJECTS
- What is the company number of LM PROJECTS?
- The company number of LM PROJECTS is 0474.748.583. The VAT number is the same number with BE in front: BE 0474.748.583.
- Where is LM PROJECTS based?
- The registered office is at Steenovens 8, 2200 Herentals.Company details
- What does LM PROJECTS do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of LM PROJECTS?
- LM PROJECTS is a private limited company (BV).
- When was LM PROJECTS founded?
- LM PROJECTS was founded on 07-05-2001.
- Is LM PROJECTS still active?
- Yes, LM PROJECTS is an active enterprise in the KBO register.
- What is the turnover of LM PROJECTS?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is LM PROJECTS profitable?
- In financial year 2025, LM PROJECTS made a loss of €10,373.
- Where can I find the annual accounts of LM PROJECTS?
- LM PROJECTS filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LM PROJECTS due?
- LM PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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