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LR PROJECT

Active
Private limited companyfounded 20196 yrs activeRue Reine de Hongrie 64, 7063 Soignies, BelgiumKBO/BCE: BE 0739.648.259

LR PROJECT has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55k and a net result of €9k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 37% of 9352 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
78 / 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▼-15
Solvency69▲+10
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.26 in 2024), and 60% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies more bankruptcies →
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
elevated failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
40%
Return on assets
6.8%
Age of the figures
8 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
50 d early
2024
28 d late
2023
27 d early
2022
16 d late
2021
31 d early
2020
12 d late
2019
18 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
10-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€55k=
2024 · €55k
2019: €25k 2020: €55k 2021: €93k 2022: €58k 2023: €55k 2024: €55k
2019 → 2025
Total assets
€137k▼ 15.9%
2024 · €163k
2019: €75k 2020: €119k 2021: €131k 2022: €146k 2023: €200k 2024: €163k
2019 → 2025
Net result
€9k▼ 62.3%
2024 · €25k
2019: €20k 2020: €30k 2021: €38k 2022: €30k 2023: €47k 2024: €25k
2019 → 2025
Working capital
€22k▲ 17.1%
2024 · €19k
2019: €-10k 2020: €47k 2021: €80k 2022: €45k 2023: €23k 2024: €19k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€93k-€58k▼ 38.0%€55k▼ 4.4%€55k▼ 0.1%€55k=
Operating result€46k-€35k▼ 24.0%€51k▲ 47.7%€33k▼ 35.6%€14k▼ 57.1%
Net result€38k-€30k▼ 21.5%€47k▲ 59.5%€25k▼ 48.0%€9k▼ 62.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2021: €46k€46kNet result 2021: €38k€38kOperating result 2022: €35k€35kNet result 2022: €30k€30kOperating result 2023: €51k€51kNet result 2023: €47k€47kOperating result 2024: €33k€33kNet result 2024: €25k€25kOperating result 2025: €14k€14kNet result 2025: €9k€9k20212022202320242025
The operating result has fallen two years in a row; 2025 is 57% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €137k
Fixed assets €52k▼ 27.1%
Current assets €86k▼ 7.2%
Equity and liabilities €137k
Equity €55k=
Debt €82k▼ 23.9%
The debt ratio falls from 66.4% to 60.0%: debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€33k
2024 · €52k
Cash flow
€28k
2024 · €44k
Solvency
40.0%
2024 · 33.6%
Current ratio
1.35
2024 · 1.26
Quick ratio
1.35
2024 · 1.26
Debt / equity
1.50
2024 · 1.97
ROE
16.9%
2024 · 44.9%
ROA
6.8%
2024 · 15.1%
Interest coverage
15.57
2024 · 19.12
Debt
€82k
2024 · €108k
Debt ≤ 1 year
€63k
2024 · €73k
Debt > 1 year
€19k
2024 · €35k
Income taxes
€3k
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€163k€137k
Fixed assets21/28€71k€52k
Tangible fixed assets22/27€71k€51k
Furniture and vehicles24€53k€36k
Other tangible fixed assets26€17k€15k
Financial fixed assets28€150€150=
Current assets29/58€92k€86k
Amounts receivable within one year40/41€27k€26k
Trade receivables40€12k€14k
Other amounts receivable41€15k€12k
Cash at bank and in hand54/58€64k€60k
Deferred charges and accrued income490/1€813-
Equity and liabilities
Total equity and liabilities10/49€163k€137k
Equity10/15€55k€55k=
Contributions10/11€5k€5k=
Reserves13€50k€50k=
Distributable reserves133€50k€50k=
Amounts payable17/49€108k€82k
Amounts payable after more than one year17€35k€19k
Financial debts170/4€35k€19k
Amounts payable within one year42/48€73k€63k
Current portion of amounts payable after more than one year42€15k€16k
Trade debts44€2k€2k
Suppliers440/4€2k€2k
Taxes, remuneration and social security45€22k€14k
Taxes450/3€19k€9k
Remuneration and social security454/9€3k€5k
Other amounts payable47/48€35k€33k
Accrued charges and deferred income492/3€401-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k
Other operating charges640/8€899€928
Gross operating margin9900€53k€34k
Operating profit (loss)9901€33k€14k
Financial income75/76B€813€19
Recurring financial income75€813€19
Financial charges65/66B€3k€2k
Recurring financial charges65€3k€2k
Profit (loss) for the period before taxes9903€31k€12k
Income taxes67/77€7k€3k
Profit (loss) for the period9904€25k€9k
Profit (loss) for the period to be appropriated9905€25k€9k
Appropriation of the result
Profit (loss) to be appropriated9906€25k€9k
Profit (loss) brought forward from the previous period14P€74-
Profit to be distributed694/7€25k€9k
Return on contributions (dividend)694€25k€9k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
11-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €9k ▼62.3%
Net result drops to €9k, the lowest in the series.
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
04-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2019net €47k ▲59.5%
Operating result €51k, net result €47k, both a record.
16-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
30-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
12-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
31-12
Financial Liquidity triplescurrent ratio 2.06
Current ratio from 0.79 to 2.06; short-term debt falls from €50k to €44k.
13-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Soignies
exact location from the address register On OpenStreetMap
Ground area
1,192 m²
Building footprint
106 m²
Parcel 53058B1233/00D000, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53058B1233/00D000 Wallonia 1,192 m² 1 · 106 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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, comparable size

Of 11,499 companies in sector 71121 we hold annual accounts for 6,521. 4,925 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded16-12-2019
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 09-09-2026. Scores and ratios are computed by Checked and are not a credit decision.