Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LQ Projects from Mechelen, company number BE0719514326, closed financial year 2025 with a result of € 24,650 after tax. For that financial year LQ Projects recorded a gross margin of € 352,801 and equity of € -17,304. Compared with financial year 2024, the result moved from € 14,652 to € 24,650. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 12, 2026.
€ -17,304
▲ € 24,650 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 24,650
▲ 68% vs 2024
Profit after tax over the fiscal year.
€ 40,593
▲ € 36,008 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -87,304.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 2.3 million
▼ 10% vs 2024
€ 264,931 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 29,842
▲ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,521
▲ 63% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 315,802 | € 336,095 | € 339,378 | € 352,801 | ▲ 4% |
| Profit after taxes | € -1,958 | € 12,184 | € 14,652 | € 24,650 | ▲ 68% |
| Equity | € -68,790 | € -56,606 | € -41,954 | € -17,304 | ▲ € 24,650 |
| Total debts | € 4,094,025 | € 3,846,258 | € 3,594,206 | € 3,441,901 | ▼ 4% |
| Cash | € 31,201 | € 9,178 | € 4,585 | € 40,593 | ▲ € 36,008 |
| Land & buildings | € 3,825,227 | € 3,616,767 | € 3,408,307 | € 3,240,618 | ▼ 5% |
| Retained profit | € -138,790 | € -126,606 | € -111,954 | € -87,304 | ▲ € 24,650 |
| Bank debt | € 3,090,238 | € 2,837,731 | € 2,581,148 | € 2,320,425 | ▼ 10% |
| Balance sheet total | € 4,025,235 | € 3,789,652 | € 3,552,252 | € 3,424,597 | ▼ 4% |
Key figures of LQ Projects, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to LQ Projects?
What happened at LQ Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Peter Roelens stepped down as director. NBB
- LINQUP NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 24,650 (▲ 68% vs 2024). Source: NBB ↗
- Peter Roelens became a director. NBB
- LINQUP NV became a director. NBB
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,958 loss in 2022 to € 24,650 profit in 2025.
Best year ever: 2025, with € 24,650 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Peter Roelens
Managing director
Also active at: J. BERGOENS, TQ PROJECTS, The Harbour, Xdroid International, Egmont Projects, Symobo Rent, SECURIPOINT
since 2024 · until 2030
Director · represented by Nico Crauwels
Also active at: J. BERGOENS, DRUKKERIJ PAESEN, JOJO SYSTEMS, M.M.G. BEHEER, SIECOM, TQ PROJECTS, Xdroid International, U-Projects +5 more
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Hendrik Consciencestraat 1 B
2800 Mechelen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0719.514.326
- VAT number
- BE 0719.514.326
- Registered office
- Hendrik Consciencestraat 1 B, 2800 Mechelen
- Names & denominations
- LQ Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 January 2019
- Peppol
- Active · Active since 9 Oct 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Handel in elektriciteit
Diverse ondersteunende activiteiten ten behoeve van voorzieningen