Equity
Equity fell by 81% in 1 year.
Equity fell by 81% in 1 year.
The micro format states no turnover.
Of this, €150,790 falls due within a year.
Short-term debts rose from €64,196 to €150,790.
Three of the last ten came late. The 2019 accounts came latest: 26 days after the end of the period.
Lower solvency than 84% of companies in architecture and engineering. Sector median 54.0% · 12,247 companies.
In July 2024, 5,052 companies had the same profile as LP PROJECTS has now. Each dot stands for 13 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
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 5,052 companies, not a prediction for LP 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| LP PROJECTS Chastre | €173,960 | €92,774 | 11.8% | - |
| CLAM ENGINEERING Rixensart | €151,875 | €91,128 | 35.3% | - |
| INGEO Braine-le-Château | €177,795 | €81,166 | 24.5% | - |
| LPDH Engineering & Management Lasne | €188,415 | €78,895 | 40.6% | - |
| PI Engineering & Consultancy Balen | €190,462 | €86,481 | 79.2% | - |
| THALIEA Brussels | €201,417 | €97,567 | 64.2% | - |
| RESOLUTION LIEGE Blegny | €206,395 | €95,579 | 79.2% | - |
These companies have the same main activity as LP PROJECTS: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €152,000 and €206,000, founded between 2013 and 2016.
LP PROJECTS files the micro format. That format states no turnover. The gross margin rose from €41,487 in 2015 to €92,774 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €200,000. Estimated: probably between €150,000 and €270,000.
Higher than 16% of 12,247 companies in 2025.
Higher than 21% of 11,952 companies in 2025.
Higher than 85% of 12,047 companies in 2025.
Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
173,960 | 178,589 | 165,519 | 141,659 | 172,657 | 187,253 | 129,548 | 129,982 | 87,245 | 60,759 | 54,486 | |
20 |
- | - | - | - | - | - | - | 0 | - | - | - | |
21/28 |
22,418 | 28,874 | 35,746 | 44,041 | 32,045 | 39,093 | 37,324 | 35,497 | 20,111 | 3,571 | 2,833 | |
21 |
- | - | - | - | - | - | - | 0 | - | - | - | |
22/27 |
21,938 | 28,394 | 35,266 | 43,561 | 31,565 | 38,613 | 36,844 | 35,017 | 19,631 | 3,091 | 2,353 | |
22 |
- | - | - | - | - | - | - | 0 | - | - | - | |
23 |
5,400 | 3,789 | 5,810 | 9,387 | 4,081 | 6,057 | 2,969 | 0 | - | - | - | |
24 |
4,825 | 7,155 | 6,271 | 5,162 | 2,449 | 3,521 | 423 | 870 | 1,806 | 1,421 | 2,353 | |
26 |
11,713 | 17,449 | 23,185 | 29,012 | 25,036 | 29,035 | 33,452 | 34,147 | 17,825 | 1,670 | - | |
27 |
- | - | - | - | - | - | - | 0 | - | - | - | |
28 |
480 | 480 | 480 | 480 | 480 | 480 | 480 | 480 | 480 | 480 | 480 | |
29/58 |
151,542 | 149,715 | 129,772 | 97,618 | 140,612 | 148,160 | 92,224 | 94,486 | 67,134 | 57,188 | 51,653 | |
29 |
- | - | - | - | - | - | - | 0 | - | - | - | |
290 |
- | - | - | - | - | - | - | 0 | - | - | - | |
291 |
- | - | - | - | - | - | - | 0 | - | - | - | |
3 |
- | - | - | - | - | - | - | 0 | - | - | - | |
30/36 |
- | - | - | - | - | - | - | 0 | - | - | - | |
37 |
- | - | - | - | - | - | - | 0 | - | - | - | |
40/41 |
56,378 | 48,602 | 61,100 | 41,626 | 50,447 | 78,385 | 30,550 | 46,200 | 45,318 | 47,251 | 14,091 | |
40 |
54,156 | 33,374 | 61,100 | 38,938 | 46,585 | 76,660 | 28,125 | 46,200 | 41,919 | 47,251 | 13,510 | |
41 |
2,223 | 15,228 | 0 | 2,688 | 3,861 | 1,725 | 2,425 | 0 | 3,400 | 0 | 581 | |
50/53 |
29,600 | 40,075 | 29,000 | - | - | - | - | 0 | - | - | - | |
54/58 |
61,846 | 56,910 | 34,175 | 47,627 | 87,921 | 69,585 | 53,317 | 46,244 | 19,814 | 9,937 | 36,142 | |
490/1 |
3,717 | 4,128 | 5,497 | 8,366 | 2,244 | 190 | 8,357 | 2,041 | 2,001 | 0 | 1,420 | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
173,960 | 178,589 | 165,519 | 141,659 | 172,657 | 187,253 | 129,548 | 129,982 | 87,245 | 60,759 | 54,486 | |
10/15 |
20,460 | 108,846 | 70,658 | 32,037 | 71,921 | 45,412 | 31,637 | 73,707 | 46,359 | 28,032 | 15,185 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | 0 | - | 0 | 12,400 | |
11 |
- | - | - | - | - | - | - | 0 | - | - | - | |
1100/10 |
- | - | - | - | - | - | - | 0 | - | - | - | |
12 |
- | - | - | - | - | - | - | 0 | - | - | - | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,400 | 1,300 | |
130/1 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | 0 | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,400 | 1,300 | |
1311 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
1312 |
- | - | - | - | - | - | - | 0 | - | - | - | |
1319 |
- | - | - | - | - | - | - | 0 | - | - | - | |
132 |
- | - | - | - | - | - | - | 0 | - | - | - | |
133 |
1,860 | 1,860 | 1,860 | - | - | - | - | 0 | - | - | - | |
14 |
0 | 88,386 | 50,198 | 11,577 | 51,461 | 24,952 | 11,177 | 53,247 | 25,899 | 8,032 | 7,685 | |
15 |
- | - | - | - | - | - | - | 0 | - | - | - | |
19 |
- | - | - | - | - | - | - | 0 | - | - | - | |
16 |
- | - | - | - | - | - | - | 0 | - | - | - | |
160/5 |
- | - | - | - | - | - | - | 0 | - | - | - | |
160 |
- | - | - | - | - | - | - | 0 | - | - | - | |
161 |
- | - | - | - | - | - | - | 0 | - | - | - | |
162 |
- | - | - | - | - | - | - | 0 | - | - | - | |
163 |
- | - | - | - | - | - | - | 0 | - | - | - | |
164/5 |
- | - | - | - | - | - | - | 0 | - | - | - | |
168 |
- | - | - | - | - | - | - | 0 | - | - | - | |
17/49 |
153,500 | 69,743 | 94,861 | 109,622 | 100,736 | 141,842 | 97,910 | 56,275 | 40,885 | 32,727 | 39,301 | |
17 |
- | - | - | - | - | - | - | 0 | - | - | - | |
170/4 |
- | - | - | - | - | - | - | 0 | - | - | - | |
175 |
- | - | - | - | - | - | - | 0 | - | - | - | |
176 |
- | - | - | - | - | - | - | 0 | - | - | - | |
178/9 |
- | - | - | - | - | - | - | 0 | - | - | - | |
42/48 |
150,790 | 64,196 | 92,301 | 106,695 | 98,887 | 102,939 | 97,910 | 56,275 | 40,885 | 32,727 | 39,301 | |
42 |
- | - | - | - | - | - | - | 0 | - | - | - | |
43 |
- | - | - | - | - | - | - | 0 | - | - | - | |
430/8 |
- | - | - | - | - | - | - | 0 | - | - | - | |
439 |
- | - | - | - | - | - | - | 0 | - | - | - | |
44 |
1,444 | 145 | 852 | 2,379 | 1,369 | 130 | 1,845 | 0 | 3,008 | 58 | 497 | |
440/4 |
1,444 | 145 | 852 | 2,379 | 1,369 | 130 | 1,845 | 0 | 3,008 | 58 | 497 | |
441 |
- | - | - | - | - | - | - | 0 | - | - | - | |
46 |
- | - | - | - | - | - | - | 0 | - | - | - | |
45 |
14,871 | 8,357 | 13,365 | 8,908 | 8,714 | 11,726 | 4,577 | 9,535 | 11,012 | 6,149 | 19,617 | |
450/3 |
14,871 | 8,357 | 13,365 | 8,908 | 8,714 | 11,726 | 4,577 | 9,535 | 11,012 | 6,149 | 19,617 | |
454/9 |
- | - | - | - | - | - | - | 0 | - | - | - | |
47/48 |
134,475 | 55,693 | 78,084 | 95,407 | 88,805 | 91,083 | 91,488 | 46,741 | 26,865 | 26,520 | 19,187 | |
492/3 |
2,710 | 5,547 | 2,561 | 2,927 | 1,848 | 38,903 | - | 0 | - | - | - | |
| Income statement | ||||||||||||
76A |
- | - | - | - | - | - | - | 0 | - | - | - | |
9900 |
92,774 | 66,721 | 67,100 | 59,709 | 43,429 | 26,195 | 23,122 | 39,828 | 29,529 | 4,687 | 41,487 | |
62 |
- | - | - | - | - | - | - | 0 | - | - | - | |
630 |
11,504 | 11,177 | 12,391 | 10,580 | 7,048 | 6,671 | 5,606 | 3,240 | 1,837 | 1,349 | 471 | |
631/4 |
- | - | - | - | - | - | - | 0 | - | - | - | |
635/8 |
- | - | - | - | - | - | - | 0 | - | - | - | |
640/8 |
0 | 9 | 9 | - | - | - | 0 | 47 | 63 | - | - | |
649 |
- | - | - | - | - | - | - | 0 | - | - | - | |
66A |
- | - | - | - | - | - | - | 0 | - | - | - | |
9901 |
81,269 | 55,535 | 54,700 | 49,128 | 36,381 | 19,524 | 17,515 | 36,541 | 27,629 | 3,338 | 41,017 | |
75/76B |
6,438 | 411 | 0 | 0 | 0 | - | 0 | 0 | 1 | - | 0 | |
75 |
6,438 | 411 | 0 | 0 | 0 | - | 0 | 0 | 1 | - | 0 | |
76B |
- | - | - | - | - | - | - | 0 | - | - | - | |
65/66B |
3,612 | 6,857 | 2,850 | 3,100 | 2,008 | 1,475 | 2,263 | 1,564 | 1,135 | 671 | 16 | |
65 |
3,612 | 6,857 | 2,850 | 3,100 | 2,008 | 1,475 | 2,263 | 1,564 | 1,135 | 671 | 16 | |
66B |
- | - | - | - | - | - | - | 0 | - | - | - | |
9903 |
84,096 | 49,089 | 51,850 | 46,028 | 34,373 | 18,050 | 15,252 | 34,977 | 26,495 | 2,667 | 41,002 | |
67/77 |
17,863 | 10,901 | 13,229 | 9,451 | 7,864 | 4,275 | 4,075 | 7,630 | 8,167 | 2,220 | 15,030 | |
9904 |
66,233 | 38,188 | 38,621 | 36,577 | 26,509 | 13,774 | 11,177 | 27,348 | 18,328 | 447 | 25,971 | |
789 |
- | - | - | - | - | - | - | 0 | - | - | - | |
689 |
- | - | - | - | - | - | - | 0 | - | - | - | |
9905 |
66,233 | 38,188 | 38,621 | 36,577 | 26,509 | 13,774 | 11,177 | 27,348 | 18,328 | 447 | 25,971 | |
| Appropriation of the result | ||||||||||||
9906 |
154,619 | 88,386 | 50,198 | 36,577 | 51,461 | 24,952 | 64,424 | 53,247 | 26,359 | 8,132 | 25,971 | |
14P |
88,386 | 50,198 | 11,577 | 0 | 24,952 | - | - | - | - | - | - | |
791/2 |
- | - | 0 | 51,461 | - | - | - | 0 | - | - | - | |
691/2 |
- | - | - | - | - | - | - | 0 | 460 | 100 | 1,300 | |
691 |
- | - | - | - | - | - | - | 0 | - | - | 0 | |
6920 |
- | - | - | - | - | - | - | 0 | 460 | 100 | 1,300 | |
6921 |
- | - | - | - | - | - | - | 0 | - | - | - | |
694/7 |
154,619 | - | 0 | 76,461 | - | 0 | 53,247 | 0 | - | - | 16,986 | |
694 |
154,619 | - | 0 | 76,461 | - | 0 | 53,247 | 0 | - | - | 16,986 | |
695 |
- | - | - | - | - | - | - | 0 | - | - | - | |
696 |
- | - | - | - | - | - | - | 0 | - | - | - | |
| Document | ||||||||||||
The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 25-03-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 25-03-2026 | 2026-00061383 | |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00196211 | |
| 31-12-2023 | micro format | 01-07-2024 | 2024-00187127 | |
| 31-12-2022 | micro format | 14-06-2023 | 2023-00124526 | |
| 31-12-2021 | micro format | 08-06-2022 | 2022-20049501 | |
| 31-12-2020 | micro format | 13-07-2021 | 2021-36000309 | |
| 31-12-2019 | micro format | 26-08-2020 | 2020-45200520 | |
| 31-12-2018 | micro format | 23-08-2019 | 2019-50200028 | |
| 31-12-2017 | micro format | 17-07-2018 | 2018-34200251 | |
| 31-12-2016 | full format | 08-08-2017 | 2017-42000119 | |
| 31-12-2015 | full format | 10-08-2016 | 2016-41700393 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 92,774 | 66,712 | 67,091 | 59,709 | 43,429 | 26,195 | 23,122 | 39,780 | 29,466 | 4,687 | 41,487 | ||
| 77,738 | 49,365 | 51,012 | 47,157 | 33,558 | 20,445 | 16,784 | 30,587 | 20,165 | 1,796 | 26,442 | ||
| 5,049 | 4,304 | 4,096 | 22,576 | 0 | 8,440 | 7,434 | 18,626 | 18,377 | 2,087 | 3,303 | ||
| 4,935 | 22,735 | -13,451 | -40,295 | 18,336 | 16,268 | 7,073 | 26,430 | 9,877 | -26,205 | - | ||
| 752 | 85,519 | 37,472 | -9,077 | 41,724 | 45,221 | -5,687 | 38,210 | 26,249 | 24,461 | 12,352 | ||
| 11.8% | 60.9% | 42.7% | 22.6% | 41.7% | 24.3% | 24.4% | 56.7% | 53.1% | 46.1% | 27.9% | ||
| 1.00 | 2.33 | 1.41 | 0.91 | 1.42 | 1.44 | 0.94 | 1.68 | 1.64 | 1.75 | 1.31 | ||
| 7.50 | 0.64 | 1.34 | 3.42 | 1.40 | 3.12 | 3.09 | 0.76 | 0.88 | 1.17 | 2.59 | ||
| 323.7% | 35.1% | 54.7% | 114.2% | 36.9% | 30.3% | 35.3% | 37.1% | 39.5% | 1.6% | 171.0% | ||
| 38.1% | 21.4% | 23.3% | 25.8% | 15.4% | 7.4% | 8.6% | 21.0% | 21.0% | 0.7% | 47.7% | ||
| 25.69 | 9.73 | 23.54 | 19.26 | 21.63 | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €5,049 | €4,304 | €4,096 | €22,576 | - |
| Financial fixed assets | €0 | - | - | - | - |
| €11,504 | €11,177 | €12,391 | €10,580 | €7,048 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 46% higher than in 2024 and the highest since 2015. It is the sixth rise in a row, after the fall in 2019.
Debt's share of the balance-sheet total rises from 39.1% to 88.2%. Equity is lower and debt is higher.
LP PROJECTS has no parent and no holdings in its annual accounts. LP PROJECTS shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue de Corsal 96 registered office 1450 Chastre | 01-07-2015 | 2.242.442.931 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25022C0701/00B000 | 5,915 m² | 1 · 134 m² | 9.4 m · 3 |
If something looks wrong or is missing, please tell us.