Equity
LPE - PROJECTS paid out €833 in dividends. That is 5% of the 2025 profit.
LPE - PROJECTS paid out €833 in dividends. That is 5% of the 2025 profit.
The micro format states no turnover.
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 27% of them on solvency, 6% on liquidity, 62% on profitability and 86% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 1,514 companies had the same profile as LPE - PROJECTS has now. Each dot stands for 4 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LPE - PROJECTS itself is lower: 0.2% within 12 months. It rests on far more data about LPE - PROJECTS than the profile alone.
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 1,514 companies, not a prediction for LPE - 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.
Liquidity is tight, with a current ratio of 1.07 (1.07 in 2024), below the usual 1.5. Short-term debt is 93.9% and cash 2.5% of total assets. 93.9% of the assets are financed with debt and provisions.
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.
The company filed its last 2 accounts on average 3 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
These companies have the same main activity as LPE - PROJECTS: development of non-residential building projects (NACE 68122). They are comparable in size and age: total assets between €514,000 and €1.5m, founded between 2021 and 2024.
LPE - PROJECTS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46,135 and a net result of €16,310.
Its solvency ranks better than 28% of 17,194 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
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 ≈ €91,000. Estimated: probably between €63,000 and €260,000.
Higher than 28% of 17,194 companies in 2025.
Higher than 47% of 16,491 companies in 2025.
Higher than 53% of 16,870 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
752,327 | 459,209 | |
29/58 |
752,327 | 459,209 | |
3 |
716,563 | 397,076 | |
30/36 |
716,563 | 397,076 | |
40/41 |
14,282 | 5,954 | |
40 |
11,589 | 5,879 | |
41 |
2,693 | 75 | |
54/58 |
18,597 | 56,179 | |
490/1 |
2,886 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
752,327 | 459,209 | |
10/15 |
46,135 | 30,658 | |
10/11 |
5,000 | 5,000 | |
13 |
41,135 | 25,658 | |
133 |
41,135 | 25,658 | |
14 |
0 | 0 | |
17/49 |
706,192 | 428,552 | |
42/48 |
706,192 | 428,552 | |
44 |
18,679 | 7,435 | |
440/4 |
18,679 | 7,435 | |
45 |
16,653 | 12,789 | |
450/3 |
16,653 | 11,061 | |
454/9 |
0 | 1,728 | |
47/48 |
670,860 | 408,328 | |
| Income statement | |||
9900 |
24,635 | 36,968 | |
630 |
0 | 3,140 | |
640/8 |
2,843 | 772 | |
9901 |
21,792 | 33,056 | |
75/76B |
0 | 372 | |
75 |
0 | 372 | |
65/66B |
1,052 | 272 | |
65 |
1,052 | 272 | |
9903 |
20,740 | 33,156 | |
67/77 |
4,430 | 6,639 | |
9904 |
16,310 | 26,517 | |
9905 |
16,310 | 26,517 | |
| Appropriation of the result | |||
9906 |
16,310 | 26,517 | |
691/2 |
15,477 | 25,658 | |
6921 |
15,477 | 25,658 | |
694/7 |
833 | 859 | |
694 |
833 | 859 | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 20-08-2026.
2025 annual accounts filed 20 days after the deadline. Filed on 20 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00437998.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 21,792 | 36,196 | ||
| 16,310 | 29,657 | ||
| 0 | 3,140 | ||
| -37,582 | - | ||
| 46,135 | 30,658 | ||
| 6.1% | 6.7% | ||
| 1.07 | 1.07 | ||
| 0.05 | 0.14 | ||
| 15.31 | 13.98 | ||
| 35.4% | 86.5% | ||
| 2.2% | 5.8% | ||
| 20.72 | over 100 |
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 |
|---|---|---|
| Intangible fixed assets | - | €3,140 |
| €0 | €3,140 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 34% lower than in 2024.
Debt's share of the balance-sheet total rises from 93.3% to 93.9%. Equity and debt are higher.
LPE - PROJECTS has no parent and no holdings in its annual accounts.
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-07-2027
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Molenstraat 24 registered office 8904 Ypres | ||
| Grand Chemin 288 7531 Tournai 63920 Other information service activities | 23-06-2023 | 2.347.372.581 |
| 16-06-2026 | Granted | Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 11-02-2026 · project 2026015163 | Kortrijk |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 33003B0275/00L000 | 1.2 ha | 1 · 273 m² | 8.9 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0803.109.718
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