LORE PROJECTS · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

LORE PROJECTS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €149k and a net result of €37k. Equity is growing by ~37.1% per year across the filed fiscal years. Its solvency ranks better than 23% of 1211 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

3 signals · with evidence

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 1211 sector peers (2025).

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2024 and 2025).

View the result trend

Growing equity

Equity grew over 2023-2025. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals

More than 3 years active

Founded in 2021, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Financials

Equity€149k+33.7%

Net result€37k+6.3%

Total assets€1.09M+44.1%

Solvency13.7%-1.1pp

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 23-10-2025 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~37.1%/year over 4 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 64, Financial services · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	13.7%	47.4%	better than 23% of 1211 sector peers
Net result	€37k	€43k	better than 45% of 1210 sector peers
Equity	€149k	€85k	better than 66% of 1211 sector peers
Gross operating margin	€128k	€70k	better than 75% of 1207 sector peers
Total assets	€1.09M	€211k	better than 89% of 1211 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P23

Stable position over 2022-2025 · n=1211-3139

Net result P45

Weakening position over 2022-2025 · n=1210-3135

Equity P66

Improving position over 2022-2025 · n=1211-3140

Gross operating margin P75

Stable position over 2022-2025 · n=1207-3132

Describes the position versus peers, not a forecast.

Net profit

€37k

+6.3% -100% vs sector

Total assets

€1.09M

+44.1% -99% vs sector

Equity

€149k

+33.7% -100% vs sector

Income taxes

€5k

-64.1% -97% vs sector

Debt

€939k

+45.9% -98% vs sector

Debt ≤ 1y

€445k

+29.2% -99% vs sector

Debt > 1y

€490k

+65.9% -95% vs sector

Solvency

13.7%

-7.2% -79% vs sector

ROE

25.2%

-20.5% +60% vs sector

ROA

3.4%

-26.2% -60% vs sector

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Revenue	n/a
EBITDA	n/a
Net profit	€37k
Cash flow	n/a
Staff costs	-
Income taxes	€5k
Dividends	-
Total assets	€1.09M
Equity	€149k
Debt	€939k
of which ≤ 1y	€445k
of which > 1y	€490k
Working capital	n/a
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	n/a
Quick ratio	n/a
Working capital ratio	n/a
Solvency	13.7%
Debt / equity	n/a
Long-term debt ratio	n/a
Interest coverage	n/a
Gross margin	n/a
Net margin	n/a
ROA	3.4%
ROE	25.2%
EBITDA margin	n/a
Days sales outstanding	n/a
Days payable outstanding	n/a
Inventory turnover	n/a
Days inventory (DSI)	n/a

Balance-sheet composition 2025

Assets

Fixed assets €919k · 84.4% Current assets €170k · 15.6%

Equity & liabilities

Equity €149k · 13.7% Debt €939k · 86.3%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.09M
Fixed assets	21/28	€919k
Tangible fixed assets	22/27	€919k
Financial fixed assets	28	€0
Current assets	29/58	€170k
Amounts receivable within one year	40/41	€58k
Cash & bank	54/58	€97k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.09M
Equity	10/15	€149k
Contributions / capital	10/11	€5k
Reserves	13	€144k
Amounts payable	17/49	€939k
Amounts payable after one year	17	€490k
Amounts payable within one year	42/48	€445k
Trade debts payable within one year	44	€9k
Income statement
Gross operating margin	9900	€128k
Operating result	9901	€54k
Financial income	75	€0
Financial charges	65	€11k
Result before taxes	9903	€43k
Income taxes	67/77	€5k
Net result for the period	9904	€37k
Result to be appropriated	9905	€37k

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

Model not applicable to financial institutions

The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.

Structure & network

Locations & real estate

Establishment units

1 location

LORE PROJECTS

Hagelkruisstraat 15, 3920 LommelOverige dienstverlenende activiteiten op het gebied van informatie, n.e. g.

since 20212.315.771.565

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area765 m²

Buildings1

Building footprint150 m²

Volume (LiDAR)802 m³

Tallest building8.1 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)