Equity
€148,631 ▼ 32.1%
LS PROJECTS paid out €100,000 in dividends. That is 336% of the 2026 profit.
LS PROJECTS
Lifetime
6 annual accounts with figures on one time axispeak €127,539 (2021)
€73,816▲ 11.5%
peak €104,095 (2021)
€29,754▼ 45.3%
peak €304,448 (2024)
€148,631▼ 32.1%
€150,750▲ 964%
Board1 name since 2019
1 directorSTEYAERT Louis Maria Gustaaf Monique
Documentsfilings and deeds
30-10-20261 day before the deadline
2026abbreviated format
Result from €54,428 to €29,754Dividend €100,000Equity from €218,877 to €148,631Debts from €14,171 to €150,750Investments €102,822Cash from €61,374 to €171,406
Key points
from the 2026 annual accountsTurnover
≈ €160,000 estimated
The abbreviated format states no turnover.
Debts
€150,750 ▲ 964%
Debts rose by €136,579 in 2026. A dividend stands under other debts on the balance sheet date until it is paid.
Investments
€102,822 3.9 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.96 was 15.51 in 2025
Short-term debts rose from €14,171 to €106,806.
Filings
6 annual accounts 1 late
The 2022 accounts came 2 days late. The other five were filed on time.
Checked score
93
Excellent
Financially stronger than 62% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: 0.1%▲ +0.1 percentage points vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.2%▲ +0.1 percentage points vs 09-2025
11-2025: 0.4%▲ +0.2 percentage points vs 10-2025highest value
12-2025: 0.1%▼ -0.3 percentage points vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.3%▲ +0.2 percentage points vs 09-2026
11-2026: 0.1%▼ -0.2 percentage points vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 1.96, cash €171,406
Sector: Real estate activities (NACE 68)
Equity €148,631 (49.6% of total assets)
Calculation
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 64% of them on solvency, 88% on liquidity, 78% on profitability and 16% 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 31-03-2026.
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).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as LS PROJECTS has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LS PROJECTS itself is lower: 0.1% within 12 months. It rests on far more data about LS PROJECTS than the profile alone.
Test of the method
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 26,972 companies, not a prediction for LS 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.
Credit verdict
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.96 (15.51 in 2025), above the usual 1.5. Short-term debt is 35.7% and cash 57.3% of total assets. However, 50.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 30-10-2026, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2026
1 day early
2025
on the day
2024
3 days early
2023
2 days early
2022
2 days late
2021
33 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 6 days before 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.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 30 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-03-2027 year end31-10-2027 deadline
Board and ownership
SL
STEYAERT Louis Maria Gustaaf Monique
Director, since 28-06-2019
- STEYAERT Louis Maria Gustaaf Monique 100 sharesdeed of 02-07-2019
- LS PROJECTS founderdeed of 02-07-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0728995283
Registered office moved within Nieuwpoort
New registered office: Edmond Kamplaan 9 8620 Nieuwpoort · Previous registered office: Emile Verhaerenlaan 67 8620 Nieuwpoort · General meeting of 01-10-2024 · Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Founder: STEYAERT Louis Maria Gustaaf Monique · Appointment: STEYAERT Louis Maria Gustaaf Monique (director) · published on 02-07-2019 · Gazette deed
First establishment
Edmond Kamplaan 9, Nieuwpoort
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LS PROJECTS Nieuwpoort | €299,381 | €73,816 | 49.6% | - |
| MarVas Wingene | €283,193 | €94,444 | 38.0% | - |
| IMMO DUMOULIN SRL Trois-Ponts | €289,154 | €74,260 | 79.5% | - |
| Van Dommelen Vastgoed Bree | €263,705 | €67,013 | 19.7% | - |
| beHome Merchtem | €300,329 | €59,204 | 48.1% | - |
| DEUX D Walhain | €331,246 | €67,683 | 18.4% | - |
| INEO COACHING & CONSULTING Péruwelz | €250,847 | €63,909 | 12.0% | - |
These companies have the same main activity as LS PROJECTS: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €251,000 and €331,000, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 28-06-2019Normal situation
- Activity
- Real estate agency activitiesNACE 68310and 2 others
- Establishment unit
- 2.291.416.3508620 Nieuwpoort, since 28-06-2019
- Financial year end
- 31 March
- Peppol
- Reachable since 31-03-2026
Annual accounts to 31-03-2026
- €299,381▲ 28.5%
- Filing
- Filed on 30-10-2026, 1 day before the end of the filing period
Insights on LS PROJECTS
LS PROJECTS files the abbreviated format. That format states no turnover. The gross margin fell from €127,539 in 2021 to €73,816 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LS PROJECTS
- What is the company number of LS PROJECTS?
- The company number of LS PROJECTS is 0728.995.283. The VAT number is the same number with BE in front: BE 0728.995.283.
- Where is LS PROJECTS based?
- The registered office is at Edmond Kamplaan 9, 8620 Nieuwpoort.Company details
- What does LS PROJECTS do?
- According to the KBO register, the main activity is real estate agency activities (NACE 68310).
- What is the legal form of LS PROJECTS?
- LS PROJECTS is a private limited company (BV).
- When was LS PROJECTS founded?
- LS PROJECTS was founded on 28-06-2019.
- Is LS PROJECTS still active?
- Yes, LS PROJECTS is an active enterprise in the KBO register.
- What is the turnover of LS PROJECTS?
- The turnover in financial year 2026 is ≈ €160,000. This figure is estimated from the gross margin of €73,816 and 32 comparable companies (NACE 683). It probably lies between €100,000 and €210,000.Financials
- Is LS PROJECTS profitable?
- In financial year 2026, LS PROJECTS made a profit of €29,754.
- Where can I find the annual accounts of LS PROJECTS?
- LS PROJECTS filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of LS PROJECTS due?
- LS PROJECTS must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.