25 PROJECTS
ActiveSummary
25 PROJECTS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €288,250 and a net result of -€29,464. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 34% of 37969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability42▲+1
Solvency65▲+44
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.06 in 2023; short-term debt: 38.6% and cash: 0.3% of total assets), and 60.5% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
39.5%
Return on assets
-4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-07-2025, 15 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
15 d early
2023
35 d early
2022
31 d early
2021
2 d early
2020
32 d early
2019
25 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€288,250
2023 · -€32,286
Total assets
€729,073▼ 2.7%
2023 · €749,531
Net result
-€29,464▲ 24.0%
2023 · -€38,746
Working capital
-€272,402▼ 34.0%
2023 · -€203,333
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€92,774-€51,555▲ 44.4%-€33,829▲ 34.4%-€32,720▲ 3.3%-€26,907▲ 17.8%
Net result-€93,856below the sector's middle half▼ 5,472%-€55,869below the sector's middle half▲ 40.5%-€38,503below the sector's middle half▲ 31.1%-€38,746below the sector's middle half▼ 0.6%-€29,464below the sector's middle half▲ 24.0%
Equity€100,831within the sector's middle half▼ 48.2%€44,963within the sector's middle half▼ 55.4%€6,460below the sector's middle half▼ 85.6%-€32,286below the sector's middle half€288,250above the sector's middle half
Total assets€960,334above the sector's middle half▲ 15.3%€893,282above the sector's middle half▼ 7.0%€833,877above the sector's middle half▼ 6.7%€749,531above the sector's middle half▼ 10.1%€729,073above the sector's middle half▼ 2.7%
Debt€859,503▲ 34.7%€848,320▼ 1.3%€827,417▼ 2.5%€781,817▼ 5.5%€440,823▼ 43.6%
Working capital-€230,570below the sector's middle half-€242,207below the sector's middle half▼ 5.0%-€239,528below the sector's middle half▲ 1.1%-€203,333below the sector's middle half▲ 15.1%-€272,402below the sector's middle half▼ 34.0%
Solvency10.5%below the sector's middle half▼ 12.9pp5.0%below the sector's middle half▼ 5.5pp0.8%below the sector's middle half▼ 4.3pp-4.3%below the sector's middle half▼ 5.1pp39.5%within the sector's middle half▲ 43.8pp
Current ratio0.03below the sector's middle half▼ 1.500.02below the sector's middle half▼ 0.010.02below the sector's middle half=0.06below the sector's middle half▲ 0.050.03below the sector's middle half▼ 0.03
Return on assets (ROA)-9.8%below the sector's middle half▼ 9.6pp-6.3%below the sector's middle half▲ 3.5pp-4.6%below the sector's middle half▲ 1.6pp-5.2%below the sector's middle half▼ 0.6pp-4.0%below the sector's middle half▲ 1.1pp
Staff (FTE)94
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €26,907 in 2024 against €32,720 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €729,073
Fixed assets
€720,204 ▼ 2.1%
Current assets
€8,869 ▼ 35.7%
Equity and liabilities €729,073
Equity
€288,250
Debt
€440,823
Debt finances 60.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€22,427▲
2023 · €18,793
Cash flow
€19,871▲
2023 · €12,767
Debt to equity
1.53▲
2023 · -24.22
ROE
-10.2%
Interest coverage
3.36▼
2023 · 3.41
Debt ≤ 1 year
€281,272▲
2023 · €217,132
Debt > 1 year
€159,552▼
2023 · €564,263
Income taxes
€279▼
2023 · €552
Staff costs
€1,161▼
2023 · €1,527
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 119 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 95% are still going.
- Medium-sized
- 5 to 10 years old
- solvency 30% or more
- a small loss
0%
went bankrupt
4.2%
stopped otherwise
95%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 119 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €14,467 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €2,051 | €1,083 | €1,527 | €1,161 | ▼ 23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €74,930 | €81,022 | €69,617 | €51,513 | €49,334 | ▼ 4.2% |
| Other operating charges640/8 | - | €3,138 | €4,305 | €3,628 | €4,610 | ▲ 27.1% |
| Non-recurring operating charges66A | - | - | - | €9,535 | €0 | ▼ 100% |
| Gross operating margin9900 | -€13,319 | €34,656 | €41,175 | €33,483 | €28,199 | ▼ 15.8% |
| Operating profit (loss)9901 | -€92,774 | -€51,555 | -€33,829 | -€32,720 | -€26,907 | ▲ 17.8% |
| Financial income75/76B | - | €4 | €56 | €35 | €4,391 | ▲ 12,582% |
| Recurring financial income75 | €3 | €4 | €56 | €35 | €0 | ▼ 99.2% |
| Non-recurring financial income76B | - | - | - | - | €4,390 | - |
| Financial charges65/66B | - | €3,696 | €3,997 | €5,508 | €6,668 | ▲ 21.1% |
| Recurring financial charges65 | €3,675 | €3,696 | €3,997 | €5,508 | €6,668 | ▲ 21.1% |
| Profit (loss) for the period before taxes9903 | -€93,376 | -€55,247 | -€37,770 | -€38,194 | -€29,185 | ▲ 23.6% |
| Income taxes67/77 | €480 | €622 | €733 | €552 | €279 | ▼ 49.5% |
| Profit (loss) for the period9904 | -€93,856 | -€55,869 | -€38,503 | -€38,746 | -€29,464 | ▲ 24.0% |
| Profit (loss) for the period to be appropriated9905 | -€93,856 | -€55,869 | -€38,503 | -€38,746 | -€29,464 | ▲ 24.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €960,334 | €893,282 | €833,877 | €749,531 | €729,073 | ▼ 2.7% |
| Formation expenses20 | - | - | €0 | €0 | - | - |
| Fixed assets21/28 | €953,045 | €889,338 | €829,880 | €735,732 | €720,204 | ▼ 2.1% |
| Tangible fixed assets22/27 | €953,045 | €889,338 | €829,880 | €735,732 | €720,204 | ▼ 2.1% |
| Land and buildings22 | - | €763,463 | €727,911 | €690,113 | €678,873 | ▼ 1.6% |
| Plant, machinery and equipment23 | - | €18,786 | €12,499 | €6,212 | €9,353 | ▲ 50.6% |
| Furniture and vehicles24 | - | €107,089 | €89,470 | €39,407 | €31,978 | ▼ 18.9% |
| Current assets29/58 | €7,289 | €3,944 | €3,997 | €13,799 | €8,869 | ▼ 35.7% |
| Amounts receivable within one year40/41 | €2,542 | €1,991 | €1,948 | €609 | €5,528 | ▲ 808% |
| Trade receivables40 | - | €1,960 | €671 | €577 | €4,470 | ▲ 674% |
| Other amounts receivable41 | - | €32 | €1,277 | €32 | €1,058 | ▲ 3,227% |
| Cash at bank and in hand54/58 | €4,745 | €1,932 | €1,917 | €12,377 | €1,974 | ▼ 84.1% |
| Deferred charges and accrued income490/1 | - | €21 | €132 | €813 | €1,368 | ▲ 68.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €960,334 | €893,282 | €833,877 | €749,531 | €729,073 | ▼ 2.7% |
| Equity10/15 | €100,831 | €44,963 | €6,460 | -€32,286 | €288,250 | ▲ 993% |
| Contributions10/11 | - | €200,000 | €200,000 | €200,000 | €550,000 | ▲ 175% |
| Profit (loss) carried forward14 | -€99,169 | -€155,037 | -€193,540 | -€232,286 | -€261,750 | ▼ 12.7% |
| Amounts payable17/49 | €859,503 | €848,320 | €827,417 | €781,817 | €440,823 | ▼ 43.6% |
| Amounts payable after more than one year17 | €620,398 | €601,499 | €582,493 | €564,263 | €159,552 | ▼ 71.7% |
| Financial debts170/4 | - | €601,499 | €582,493 | €564,263 | €159,552 | ▼ 71.7% |
| Amounts payable within one year42/48 | €237,859 | €246,151 | €243,525 | €217,132 | €281,272 | ▲ 29.5% |
| Current portion of amounts payable after more than one year42 | - | €18,871 | €19,020 | €18,652 | €54,702 | ▲ 193% |
| Trade debts44 | €1,938 | €29 | €460 | €1,393 | €19,970 | ▲ 1,333% |
| Suppliers440/4 | - | €29 | €460 | €1,393 | €19,970 | ▲ 1,333% |
| Advances received on contracts in progress46 | - | €1,947 | €2,496 | €2,741 | €316 | ▼ 88.5% |
| Taxes, remuneration and social security45 | - | €2,352 | €1,465 | €640 | €884 | ▲ 38.1% |
| Taxes450/3 | - | €2,310 | €1,355 | €552 | €884 | ▲ 60.1% |
| Remuneration and social security454/9 | - | €43 | €110 | €88 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €222,952 | €220,084 | €193,707 | €205,399 | ▲ 6.0% |
| Accrued charges and deferred income492/3 | - | €669 | €1,399 | €422 | €0 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€93,856 | -€55,869 | -€38,503 | -€38,746 | -€29,464 | ▲ 24.0% |
| + Depreciation and write-downs630 | €74,930 | €81,022 | €69,617 | €51,513 | €49,334 | ▼ 4.2% |
| Operating cash flow (approximation) | -€18,927 | €25,153 | €31,114 | €12,767 | €19,871 | ▲ 55.6% |
| Investment in fixed assets (approximation) | - | -€17,315 | -€10,159 | €42,635 | -€33,807 | ▼ 179% |
| Change in cash | - | -€2,813 | -€15 | €10,460 | -€10,403 | ▼ 199% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200,000Eq €288,250
Equity rises from -€32,286 to €288,250.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€93,856
Net result drops to -€93,856, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150,000Eq €194,688 ▲169%
Equity rises from €72,372 to €194,688.
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beringen · 1 establishment unit since 2017
Ground area
1,530 m²
Building footprint
225 m²
Volume, LiDAR
1,546 m³
Parcel 71004A0534/00Z000, Flanders · tallest building 11.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Boetiekhotel Burgemeesterhuys
since 20172.270.716.253
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71004A0534/00Z000 | Flanders | 1,530 m² | 1 · 225 m² | 11.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeringen2.270.716.253
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 38,381 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
55204Guest rooms (bed and breakfast)
70200Business and other management consultancy
62200Computer consultancy and computer facilities management
74120Graphic design and visual communication
93299Other amusement and recreation activities
Contact
E-mail
wim@25.be
Phone
+32495049577
E-invoicing
Reachable via Peppol
Peppol ID
0208:0686566196
Also
9925:BE0686566196
Registered
27-04-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.