ACTIVE

LBR PROJECTS

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Financial year 2025 · closed on 31/12/2025
Net result
29,7 k €
-17.1% YoY
Gross margin
44,2 k €
-13.8% YoY
Equity
84,5 k €
+54.2% YoY

What does LBR PROJECTS do?

LBR PROJECTS is a Private limited company incorporated in 2017. Its main activity is: Management consultancy activities. Its registered office is in Genappe.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0686.791.771
Incorporation
22/12/2017
Legal form
Private limited company
Registered office
Chemin de la Cense Brûlée 37
1472 Genappe · WallonieSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities64200Activities of holding companies64210Activities of holding companies70210Public relations and communication activities73300Advertising and market research+5
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin44,2 k €51,3 k €32,7 k €-1,8 k €69,2 €2,1 k €-2,7 k €4,1 k €
EBITDA43,6 k €50,7 k €32,1 k €-2,3 k €-373,3 €1,6 k €-2,8 k €4 k €
Operating result43 k €50,6 k €31,8 k €-2,6 k €-709,6 €1,4 k €-3 k €3,8 k €
Net result29,7 k €35,8 k €24,3 k €-4 k €-1,5 k €-880,6 €-5,9 k €601,9 €
Balance sheet
Equity84,5 k €54,8 k €19 k €-5,4 k €-1,4 k €70 €950,6 €6,8 k €
Total assets196,2 k €182 k €206,3 k €177,5 k €181,2 k €185,1 k €176,7 k €187,4 k €
Cash6,9 k €2,4 k €2,6 k €154,6 €2,6 k €3,1 k €40,5 €–
Debts111,7 k €127,2 k €187,4 k €182,9 k €182,2 k €184,1 k €175,8 k €180,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

VERONIQUE VERBIEST

Administrator - manager

Active
VINCENT LEBRUN

Administrator - manager

Active

Ended mandates

Véronique Verbiest

Mandate

Ended
Véronique Verbiest

Director

Ended
Vincent Lebrun

Mandate

Ended
Vincent Lebrun

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
V.B.O● Bankrupt
0881.687.735
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/06/202630/06/202528/06/202431/08/202331/08/202231/08/2021
General meeting29/05/202630/05/202531/05/202426/05/202327/05/202228/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202529/05/202626/06/2026FrenchPDF
Micro model31/12/202430/05/202530/06/2025FrenchPDF
Micro model31/12/202331/05/202428/06/2024FrenchPDF
Micro model31/12/202226/05/202331/08/2023FrenchPDF
Micro model31/12/202127/05/202231/08/2022FrenchPDF
Micro model31/12/202028/05/202131/08/2021FrenchPDF
Micro model31/12/201931/08/202008/09/2020FrenchPDF
Micro model31/12/201812/06/201909/07/2019FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

VERONIQUE VERBIEST

Administrator - manager

Active
VINCENT LEBRUN

Administrator - manager

Active

Ended mandates

Véronique Verbiest

Mandate

Ended
Véronique Verbiest

Director

Ended
Vincent Lebrun

Mandate

Ended
Vincent Lebrun

Director

Ended
Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202529,7 k €↓
  2. 2024
    Annual accounts 202435,8 k €↑
  3. 2023
    Annual accounts 202324,3 k €↑
  4. 2023
    Name changeLBR PROJECT
  5. 2022
    Annual accounts 2022-4 k €↓
  6. 2021
    Annual accounts 2021-1,5 k €↓
  7. 2020
    Annual accounts 2020-880,6 €↑
  8. 2019
    Annual accounts 2019-5,9 k €↓
  9. 2018
    Annual accounts 2018601,9 €
  10. 2018
    Name changeLBR PROJECTS
  11. 22/12/2017
    IncorporationPrivate limited company