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LMJ PROJECT

Active
Private limited companyfounded 20224 yrs activeBrusselsesteenweg 292, 3090 Overijse, BelgiumKBO/BCE: BE 0788.360.867
Summary

The computed 12-month bankruptcy probability of LMJ PROJECT is 4.5% (elevated). The 2024 annual accounts show negative equity (-€3,249) and a net result of -€4,325. Its solvency ranks better than 9% of 9970 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability0
Solvency8
Growth-
Track record79
Bankruptcy probability, 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.61; short-term debt: 116.8% and cash: 0.2% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
-16.8%
Return on assets
-22.4%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 1 filing
Deviation from the deadline
2024
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 31 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 (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

LMJ PROJECT was incorporated on 7 July 2022 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
-€3,249
Total assets
€19,301
Net result
-€4,325
Working capital
-€8,889

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €19,301
Fixed assets €5,640
Current assets €13,660
Equity and liabilities
Equity-€3,249
Debt€22,550
Equity is negative: debt (€22,550) exceeds the balance-sheet total (€19,301).
Key figures and ratios
2024 value
EBITDA
-€2,418
Cash flow
-€2,421
Solvency
-16.8%
Current ratio
0.61
Quick ratio
0.44
ROA
-22.4%
Interest coverage
-806.08
Debt
€22,550
Debt ≤ 1 year
€22,550
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of 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
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 36 lines
Balance sheet Code2024
Assets
Total assets20/58€19,301
Fixed assets21/28€5,640
Tangible fixed assets22/27€5,640
Plant, machinery and equipment23€3,505
Furniture and vehicles24€2,135
Current assets29/58€13,660
Stocks and contracts in progress3€3,800
Stocks30/36€3,800
Amounts receivable within one year40/41€9,815
Trade receivables40€7,887
Other amounts receivable41€1,929
Cash at bank and in hand54/58€45
Equity and liabilities
Total equity and liabilities10/49€19,301
Equity10/15-€3,249
Contributions10/11€2,000
Profit (loss) carried forward14-€5,249
Amounts payable17/49€22,550
Amounts payable within one year42/48€22,550
Trade debts44€0
Suppliers440/4€0
Advances received on contracts in progress46€18,845
Taxes, remuneration and social security45€2,702
Taxes450/3€2,702
Other amounts payable47/48€1,003
Income statement Code2024
Non-recurring operating income76A€1,306
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,903
Other operating charges640/8€50
Gross operating margin9900-€2,368
Operating profit (loss)9901-€4,322
Financial charges65/66B€3
Recurring financial charges65€3
Profit (loss) for the period before taxes9903-€4,325
Profit (loss) for the period9904-€4,325
Profit (loss) for the period to be appropriated9905-€4,325
Appropriation of the result
Profit (loss) to be appropriated9906-€5,249
Profit (loss) brought forward from the previous period14P-€924

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Non-recurring operating income76A€1,306
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,903
Other operating charges640/8€50
Gross operating margin9900-€2,368
Operating profit (loss)9901-€4,322
Financial charges65/66B€3
Recurring financial charges65€3
Profit (loss) for the period before taxes9903-€4,325
Profit (loss) for the period9904-€4,325
Profit (loss) for the period to be appropriated9905-€4,325
Line2024
Assets
Total assets20/58€19,301
Fixed assets21/28€5,640
Tangible fixed assets22/27€5,640
Plant, machinery and equipment23€3,505
Furniture and vehicles24€2,135
Current assets29/58€13,660
Stocks and contracts in progress3€3,800
Stocks30/36€3,800
Amounts receivable within one year40/41€9,815
Trade receivables40€7,887
Other amounts receivable41€1,929
Cash at bank and in hand54/58€45
Equity and liabilities
Total equity and liabilities10/49€19,301
Equity10/15-€3,249
Contributions10/11€2,000
Profit (loss) carried forward14-€5,249
Amounts payable17/49€22,550
Amounts payable within one year42/48€22,550
Trade debts44€0
Suppliers440/4€0
Advances received on contracts in progress46€18,845
Taxes, remuneration and social security45€2,702
Taxes450/3€2,702
Other amounts payable47/48€1,003
Line2024
Profit (loss) for the period9904-€4,325
+ Depreciation and write-downs630€1,903
Operating cash flow (approximation)-€2,421

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Overijse · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1,934 m²
Building footprint
198 m²
Volume, LiDAR
848 m³
Parcel 23062B0376/02D005, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
312 companies at this address See who is registered here
1 establishment unit
LMJ PROJECT
Brusselsesteenweg 292, 3090 OverijseGeneral construction of buildings
since 20222.333.500.987
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23062B0376/02D005 Flanders 1,934 m² 1 · 198 m² 6.6 m · 1 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

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 29,766 companies in this sector we hold annual accounts for 16,066. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded07-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
47812Retail trade
43110Demolition
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43410Roofing work
43990Other specialised construction activities
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
77110Renting and leasing of cars and light motor vehicles
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID 0208:0788360867
Also 9925:BE0788360867
Registered 26-08-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.