Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LBD-Projects from Diksmuide, company number BE0746910193, closed financial year 2025 with a result of € 124,743 after tax. For that financial year LBD-Projects recorded a gross margin of € 300,232 and equity of € 568,043. Compared with financial year 2024, the result moved from € 118,186 to € 124,743. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 568,043
▲ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 124,743
▲ 6% vs 2024
Profit after tax over the fiscal year.
€ 634
▼ 75% 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 € 563,043.
Debts at end 2025
€ 530,024
▼ 7% vs 2024
€ 55,898 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 5,428
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 149,294
▲ 55% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 168,656 | € 188,890 | € 218,683 | € 300,232 | ▲ 37% |
| Profit after taxes | € 111,280 | € 114,214 | € 118,186 | € 124,743 | ▲ 6% |
| Equity | € 210,900 | € 325,113 | € 443,299 | € 568,043 | ▲ 28% |
| Total debts | € 652,769 | € 694,882 | € 681,746 | € 690,613 | ▲ 1% |
| Cash | € 24,835 | € 452 | € 2,571 | € 634 | ▼ 75% |
| Land & buildings | € 559,361 | € 544,534 | € 527,908 | € 513,347 | ▼ 3% |
| Retained profit | € 205,900 | € 320,113 | € 438,299 | € 563,043 | ▲ 28% |
| Bank debt | € 573,412 | € 622,862 | € 570,399 | € 530,024 | ▼ 7% |
| Balance sheet total | € 863,668 | € 1,019,996 | € 1,125,045 | € 1,258,656 | ▲ 12% |
Key figures of LBD-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 30 April 2027.
What happened to LBD-Projects?
What happened at LBD-Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 124,743 (▲ 6% vs 2024). Source: NBB ↗
- New establishment in Diksmuide. KBO
- Start of the company according to the CBE. KBO
In short
From € 111,280 profit in 2022 to € 124,743 profit in 2025.
Paid € 219,867 in corporate taxes since 2022.
Best year ever: 2025, with € 124,743 profit.
Management
Behind LBD-Projects is Lieven Neirynck. Lieven Neirynck is also behind LBD-Fashion.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Ijzerdijk 37
8600 Diksmuide
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0746.910.193
- VAT number
- BE 0746.910.193
- Registered office
- Ijzerdijk 37, 8600 Diksmuide
- Names & denominations
- LBD-Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 May 2020
- Peppol
- Active · Active since 28 Jul 2024
- Activities · NACE
Activiteiten van holdings
Holdings
Fokken en houden van paarden en andere paardachtigen