Skip to content

LV Projects

Active
Private limited company (pre-2019)founded 2009active for 17 yearsHertstraat 43, 3080 Tervuren, BelgiumKBO/BCE: BE 0810.813.991
Summary

LV Projects has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.4m and a net result of €100,461. Equity is growing by about 9.1% per year across the filed financial years. Its solvency ranks better than 20% of 53 sector peers (NACE 41, financial year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
General construction of residential buildings
NACE 41001
Largest company by total assets in Tervuren, Construction sector1 site
Size
€7.1mtotal assets 2026
Equity
€1.4m
Profit
€100,461
Turnover not published (abbreviated or micro format)
Financial health
85 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Accounts 51 days early0 of 7 deeds read
Why 85raises riskLiquidity: current ratio 0.48, cash €33,197Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskSize: total assets €7.1mFigures for financial year 2026 (filed 10-09-2026)Show the evidence

Checked score

Score 2026
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 34% of its sector peers (NACE 41, small)
Financial strength · tick = 2025
Weak
Solvency 45+2
equity 19.8% of total assets
Liquidity 12+2
short-term debt 71.3% · cash 0.5%
Profitability 39+14
return on assets 1.4%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (912 companies, NACE 41, small)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.6%▲ +0.1 percentage points vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.1 percentage points vs 07-2025 09-2025: 0.9%▲ +0.1 percentage points vs 08-2025 10-2025: 1.0%▲ +0.1 percentage points vs 09-2025highest value 11-2025: 0.8%▼ -0.2 percentage points vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.4%▼ -0.4 percentage points vs 04-2026 06-2026: 0.5%▲ +0.1 percentage points vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026 10-2026: 0.2%▼ -0.4 percentage points vs 09-2026lowest value
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.48, compared with 0.47 in 2025; short-term debt: 71.3% and cash: 0.5% of total assets), and 80.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 41, small): better than 32% on solvency, 12% on liquidity, 29% on profitability and 61% on growth.

The bankruptcy probability was computed on 11-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.48, cash €33,197
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Size: total assets €7.1m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2026 (filed 10-09-2026)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 53 sector peers (2026).
NBB · sector comparison
Position among 53 sector peers
Solvency
better than 20%
← weakest strongest →
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 10-09-2026, 51 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
51 days early
2025
on the day
2024
13 days early
2023
5 days early
2022
32 days early
2021
1 day late
2020
29 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 10 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% 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 18 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · abbreviated…
  2. Back to profitnet €100,461
  3. Annual accounts filedfinancial year 2025 · abbreviated…

Key points

  • Positive: Back in profit in 2026after -€63,131 in 2025 €100,461 View
  • Positive: Largest company by total assets in Tervuren, Construction sectorin the Checked rankings No. 1 View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 5 years View

By topic

Financials

Financial year
2026
Total assets
€7.1m
Profit
€100,461
Solvency
19.8%
Total assets▼ 3.6%
Net result
20192026
Go to Financials

Timeline

Events
21
Since
2011
Next accounts
by 31-10-2027
  1. 31-03-2025Weakest financial year
  2. 18-10-2024Annual accounts filed
  3. 31-03-2024Highest result from 2019 to 2026
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
General construction of residential buildingsNACE 41001
Founded
27-03-2009
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.