Result
€92,610 €92,610
Back in profit in 2025, after a loss of €79,013 in 2024.
Lynx Projects
Lifetime
11 annual accounts with figures on one time axispeak €255,144 (2025)
€255,144▲ €319,513
lowest -€79,013 (2024)
€92,610▲ €171,623
peak €48,558 (2025)
€48,558▲ €91,610
€110,475▼ 55.3%
Board1 name since 2014
1 directorKevin Arku
Documentsfilings and deeds
30-03-2026123 days before the deadline
2025abbreviated format
Gross margin from -€64,368 to €255,144Back to profit: €92,610Equity from -€43,052 to €48,558Debts from €247,272 to €110,475Cash from €17,604 to €126,117
Key points
from the 2025 annual accountsChecked score
92
Excellent
Financially stronger than 70% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.6%
01-2025: 1.6%● unchanged vs 12-2024
02-2025: 1.6%● unchanged vs 01-2025
03-2025: 1.6%● unchanged vs 02-2025
04-2025: 1.5%▼ -0.1 percentage points vs 03-2025
05-2025: 1.5%● unchanged vs 04-2025
06-2025: 1.5%● unchanged vs 05-2025
07-2025: 1.4%▼ -0.1 percentage points vs 06-2025
08-2025: 1.8%▲ +0.4 percentage points vs 07-2025
09-2025: 2.1%▲ +0.3 percentage points vs 08-2025
10-2025: 2.9%▲ +0.8 percentage points vs 09-2025
11-2025: 3.0%▲ +0.1 percentage points vs 10-2025highest value
12-2025: 2.5%▼ -0.5 percentage points vs 11-2025
01-2026: 2.5%● unchanged vs 12-2025
02-2026: 2.5%● unchanged vs 01-2026
03-2026: 2.5%● unchanged vs 02-2026
04-2026: 0.2%▼ -2.3 percentage points vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026lowest value
07-2026: 0.2%● unchanged vs 06-2026lowest value
08-2026: 0.2%● unchanged vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
2 of the last 3 accounts late
Equity €48,558 (16.3% of total assets)
lowers risk
Liquidity: current ratio 3.12, cash €126,117
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
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 71, micro). It does better than 20% of them on solvency, 78% on liquidity, 88% on profitability and 96% 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).
Comparable companies, two years later
In July 2024, 5,053 companies had the same profile as Lynx Projects has now. Each dot stands for 13 companies, two years later.
95.9%
were still trading
2.4%
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 Lynx Projects itself is lower: 0.2% within 12 months. It rests on far more data about Lynx 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 5,053 companies, not a prediction for Lynx 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 €4,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.12 (2.69 in 2024), above the usual 1.5. Short-term debt is 30.9% and cash 42.4% of total assets. However, 83.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 2566 sector peers (2025).
NBB · sector comparisonPosition among 2566 sector peers
Solvency
better than 21%
← weakest
strongest →
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 30-03-2026, 123 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
123 days early
2024
96 days late
2023
91 days late
2022
31 days late
2021
10 days late
2020
61 days late
2019
68 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 33 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 65 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0559911615
Change of role: Kevin Arku, from manager to director
Director discharge: Kevin Arku · Kevin Arku holds all the shares · General meeting of 27-12-2023 · Gazette deed
Incorporation
published on 21-08-2014 · Gazette deed
First establishment
W. Van Perckstraat 59, Evere
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Lynx Projects Evere | €297,677 | €255,144 | 16.3% | - |
| BUREAU D'ASSISTANCE TECHNIQUE BOGAERT Charleroi | €269,848 | €262,499 | 7.6% | - |
| Algemene Bouwwerken Zentix Zutendaal | €289,966 | €239,839 | -28.1% | 8.2 |
| MD ENGINEERING & CONSULTING Chaudfontaine | €348,573 | €240,761 | 32.9% | - |
| ISTECO Stekene | €277,347 | €225,655 | 7.5% | - |
| TECH-NEO Trooz | €249,346 | €277,643 | 57.2% | - |
| DB-Expertise Court-Saint-Etienne | €310,447 | €279,502 | 88.2% | - |
These companies have the same main activity as Lynx Projects: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €249,000 and €349,000, founded between 2013 and 2016.
Official details
Source: KBO- Status
- Active since 19-08-2014Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 5 others
- Establishment unit
- 2.233.791.4221140 Evere, since 19-08-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 01-04-2026
Annual accounts 2025
- €297,677▲ 45.8%
- Filing
- Filed on 30-03-2026, 123 days before the end of the filing period
Insights on Lynx Projects
Lynx Projects files the abbreviated format. That format states no turnover. The gross margin rose from €24,190 in 2015 to €255,144 in 2025.
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 Lynx Projects
- What is the company number of Lynx Projects?
- The company number of Lynx Projects is 0559.911.615. The VAT number is the same number with BE in front: BE 0559.911.615.
- Where is Lynx Projects based?
- The registered office is at W. Van Perckstraat 59, 1140 Evere.Company details
- What does Lynx Projects do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of Lynx Projects?
- Lynx Projects is a private limited company (BV).
- When was Lynx Projects founded?
- Lynx Projects was founded on 19-08-2014.
- Is Lynx Projects still active?
- Yes, Lynx Projects is an active enterprise in the KBO register.
- What is the turnover of Lynx Projects?
- The turnover in financial year 2025 is ≈ €620,000. This figure is estimated from the gross margin of €255,144 and 35 comparable companies (NACE 711). It probably lies between €460,000 and €830,000.Financials
- Is Lynx Projects profitable?
- In financial year 2025, Lynx Projects made a profit of €92,610.
- Where can I find the annual accounts of Lynx Projects?
- Lynx Projects filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Lynx Projects due?
- Lynx Projects must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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