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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
LC projects from Gent, company number BE0877847030, closed financial year 2026 with a result of € -2,680 after tax. For that financial year LC projects recorded a gross margin of € -1,251 and equity of € -61,200. Compared with financial year 2025, the result moved from € -6,059 to € -2,680. The company made a loss. 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 August 19, 2026.
€ -61,200
▼ € 2,680 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,680
▲ 56 % less loss than in 2025
Profit after tax over the fiscal year.
€ 3,210
▲ € 2,758 vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -79,800.
People and assets in 2026
€ 117
▼ 64% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 811
▲ 132% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 2,045
▲ 7% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 2,041 | € -6,638 | € -4,744 | € -1,251 | ▲ € 3,493 |
| Profit after taxes | € 562 | € -8,581 | € -6,059 | € -2,680 | ▲ € 3,379 |
| Equity | € -43,879 | € -52,461 | € -58,520 | € -61,200 | ▼ € 2,680 |
| Total debts | € 49,459 | € 61,523 | € 63,496 | € 69,754 | ▲ 10% |
| Cash | € 220 | € 2,144 | € 452 | € 3,210 | ▲ € 2,758 |
| Land & buildings | € 1,520 | € 1,243 | € 966 | € 688 | ▼ 29% |
| Retained profit | € -62,479 | € -71,061 | € -77,120 | € -79,800 | ▼ € 2,680 |
| Balance sheet total | € 5,580 | € 9,062 | € 4,976 | € 8,554 | ▲ 72% |
Key figures of LC projects, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to LC projects?
What happened at LC projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 2,680. Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
In short
From € 562 profit in 2023 to € 2,680 loss in 2026.
Paid € 1,346 in corporate taxes since 2023.
Best year ever: 2023, with € 562 profit.
Establishments
Establishment units
Physical locations of this company
Waterstraat 140
9040 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
ONECOM, DK
Website info
Features
Security
Network
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- CLAEYS Geert Raymond Jozef(oprichter) 45.7%
- LELIAERT Stéphane Leon Diana(oprichter) 45.7%
- VAN DE KEERE Christophe Eddy Paul(oprichter) 8.6%
Details
- Company number
- 0877.847.030
- VAT number
- BE 0877.847.030
- Registered office
- Waterstraat 140, 9040 Gent
- Names & denominations
- LC projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 2005
- Peppol
- Active · Active since 30 Oct 2025
- Contact
- lcprojects.be
- Activities · NACE
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