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88 projecten

Active
Private limited companyfounded 20206 yrs activeWinterdijkweg 43, 3950 Bocholt, BelgiumKBO/BCE: BE 0745.909.313
Summary

The computed 12-month bankruptcy probability of 88 projecten is 3.0% (moderate). The 2024 annual accounts show negative equity (-€14,868) and a net result of -€6,770. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 26040 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability43▲+13
Solvency14▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.03 against 0.13 in 2023; short-term debt: 27.2% and cash: 0.1% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
-10.5%
Return on assets
-4.8%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2021222324
2020 to 2024 · latest year -€14,868
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 12-06-2025, 49 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
49 d early
2023
42 d early
2022
42 d early
2021
31 d early
2020
26 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 38 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

88 projecten was incorporated on 9 April 2020 as a Private limited company.1 Total assets fell from EUR 161,675 in 2020 to EUR 141,197 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2024

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Financials · fiscal year 2024, micro schema

Equity
-€14,868▼ 83.6%
2023 · -€8,098
Total assets
€141,197▼ 12.2%
2023 · €160,903
Net result
-€6,770▲ 20.9%
2023 · -€8,563
Working capital
-€37,087▼ 6.1%
2023 · -€34,955
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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-€16,935-€17,873€4,649▼ 74.0%-€5,272-€3,339▲ 36.7%
Net result-€18,968below the sector's middle half-€15,150within the sector's middle half€1,283within the sector's middle half▼ 91.5%-€8,563below the sector's middle half-€6,770below the sector's middle half▲ 20.9%
Equity-€15,968below the sector's middle half--€818below the sector's middle half▲ 94.9%€465below the sector's middle half-€8,098below the sector's middle half-€14,868below the sector's middle half▼ 83.6%
Total assets€161,675within the sector's middle half-€153,153within the sector's middle half▼ 5.3%€146,794within the sector's middle half▼ 4.2%€160,903within the sector's middle half▲ 9.6%€141,197within the sector's middle half▼ 12.2%
Debt€177,643-€153,971▼ 13.3%€146,329▼ 5.0%€169,001▲ 15.5%€156,065▼ 7.7%
Working capital-€36,868--€25,576▲ 30.6%-€20,840▲ 18.5%-€34,955▼ 67.7%-€37,087▼ 6.1%
Solvency-9.9%below the sector's middle half--0.5%below the sector's middle half▲ 9.3pp0.3%below the sector's middle half▲ 0.9pp-5.0%below the sector's middle half▼ 5.3pp-10.5%below the sector's middle half▼ 5.5pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, 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
-€20,000-€10,000€0€10,000€20,000Operating result 2020: -€16,935-€16,935Net result 2020: -€18,968-€18,968Operating result 2021: €17,873€17,873Net result 2021: €15,150€15,150Operating result 2022: €4,649€4,649Net result 2022: €1,283€1,283Operating result 2023: -€5,272-€5,272Net result 2023: -€8,563-€8,563Operating result 2024: -€3,339-€3,339Net result 2024: -€6,770-€6,77020202021202220232024-€10,000-€5,000€0€5,000Operating result 2022: €4,649€4,650Net result 2022: €1,283€1,280Operating result 2023: -€5,272-€5,270Net result 2023: -€8,563-€8,560Operating result 2024: -€3,339-€3,340Net result 2024: -€6,770-€6,770202220232024
The operating result stays negative: a loss of €3,339 in 2024 against €5,272 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €141,137
Fixed assets €139,833 ▼ 10.0%
Current assets €1,304 ▼ 74.8%
Key figures and ratios
2024 value · change against 2023
EBITDA
€12,498▲
2023 · €7,124
Cash flow
€9,067▲
2023 · €3,833
Current ratio
0.03▼
2023 · 0.13
Debt to equity
-10.50▲
2023 · -20.87
ROA
-4.8%▲
2023 · -5.3%
Interest coverage
3.64▲
2023 · 2.16
Debt ≤ 1 year
€38,391▼
2023 · €40,128
Debt > 1 year
€117,675▼
2023 · €128,873
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,570 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 88% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a small loss
4.6% went bankrupt
5.6% stopped otherwise
88% still going

A further 1.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.0% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 74% 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 1,570 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€160,903€141,197▼
Formation expenses20€288€61▼
Fixed assets21/28€155,442€139,833▼
Tangible fixed assets22/27€155,442€139,833▼
Land and buildings22€131,520€125,723▼
Plant, machinery and equipment23€2,448€1,411▼
Furniture and vehicles24€21,474€12,700▼
Current assets29/58€5,172€1,304▼
Amounts receivable within one year40/41€3,382€65▼
Trade receivables40€3,381-
Other amounts receivable41€2€65▲
Cash at bank and in hand54/58€1,086€194▼
Deferred charges and accrued income490/1€704€1,045▲
Equity and liabilities
Total equity and liabilities10/49€160,903€141,197▼
Equity10/15-€8,098-€14,868▼
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€11,098-€17,868▼
Amounts payable17/49€169,001€156,065▼
Amounts payable after more than one year17€128,873€117,675▼
Financial debts170/4€128,873€117,675▼
Amounts payable within one year42/48€40,128€38,391▼
Current portion of amounts payable after more than one year42€10,829€11,198▲
Trade debts44€188€170▼
Suppliers440/4€188€170▼
Taxes, remuneration and social security45€4,521€6,195▲
Taxes450/3€3,421€5,095▲
Remuneration and social security454/9€1,100€1,100=
Other amounts payable47/48€24,591€20,827▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,396€15,837▲
Other operating charges640/8€1,358€1,619▲
Gross operating margin9900€8,482€14,116▲
Operating profit (loss)9901-€5,272-€3,339▲
Financial income75/76B€14€0▼
Recurring financial income75€14€0▼
Financial charges65/66B€3,305€3,431▲
Recurring financial charges65€3,305€3,431▲
Profit (loss) for the period before taxes9903-€8,563-€6,770▲
Profit (loss) for the period9904-€8,563-€6,770▲
Profit (loss) for the period to be appropriated9905-€8,563-€6,770▲
Appropriation of the result
Profit (loss) to be appropriated9906-€11,098-€17,868▼
Profit (loss) brought forward from the previous period14P-€2,535-€11,098▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,209€7,751€7,786€12,396€15,837▲ 27.8%
Other operating charges640/8-€587€1,800€1,358€1,619▲ 19.2%
Gross operating margin9900-€13,726€26,211€14,234€8,482€14,116▲ 66.4%
Operating profit (loss)9901-€16,935€17,873€4,649-€5,272-€3,339▲ 36.7%
Financial income75/76B-€97€34€14€0▼ 99.9%
Recurring financial income75-€97€34€14€0▼ 99.9%
Financial charges65/66B-€2,819€3,400€3,305€3,431▲ 3.8%
Recurring financial charges65€2,033€2,819€3,400€3,305€3,431▲ 3.8%
Profit (loss) for the period before taxes9903-€18,968€15,150€1,283-€8,563-€6,770▲ 20.9%
Profit (loss) for the period9904-€18,968€15,150€1,283-€8,563-€6,770▲ 20.9%
Profit (loss) for the period to be appropriated9905-€18,968€15,150€1,283-€8,563-€6,770▲ 20.9%
Line20202021202220232024Change
Assets
Total assets20/58€161,675€153,153€146,794€160,903€141,197▼ 12.2%
Formation expenses20€970€742€515€288€61▼ 78.9%
Fixed assets21/28€150,474€148,623€142,386€155,442€139,833▼ 10.0%
Tangible fixed assets22/27€150,474€148,623€142,386€155,442€139,833▼ 10.0%
Land and buildings22-€142,323€136,562€131,520€125,723▼ 4.4%
Plant, machinery and equipment23-€3,205€3,610€2,448€1,411▼ 42.4%
Furniture and vehicles24-€3,096€2,214€21,474€12,700▼ 40.9%
Current assets29/58€10,231€3,788€3,893€5,172€1,304▼ 74.8%
Amounts receivable within one year40/41€2,785€254€2,788€3,382€65▼ 98.1%
Trade receivables40--€2,739€3,381--
Other amounts receivable41-€254€49€2€65▲ 3,685%
Cash at bank and in hand54/58€7,447€3,416€1,105€1,086€194▼ 82.2%
Deferred charges and accrued income490/1-€118-€704€1,045▲ 48.4%
Equity and liabilities
Total equity and liabilities10/49€161,675€153,153€146,794€160,903€141,197▼ 12.2%
Equity10/15-€15,968-€818€465-€8,098-€14,868▼ 83.6%
Contributions10/11-€3,000€3,000€3,000€3,000=
Profit (loss) carried forward14-€18,968-€3,818-€2,535-€11,098-€17,868▼ 61.0%
Amounts payable17/49€177,643€153,971€146,329€169,001€156,065▼ 7.7%
Amounts payable after more than one year17€130,545€124,608€121,596€128,873€117,675▼ 8.7%
Financial debts170/4-€124,608€121,596€128,873€117,675▼ 8.7%
Amounts payable within one year42/48€47,099€29,364€24,732€40,128€38,391▼ 4.3%
Current portion of amounts payable after more than one year42-€5,937€5,994€10,829€11,198▲ 3.4%
Trade debts44€2,153€834€548€188€170▼ 9.5%
Suppliers440/4-€834€548€188€170▼ 9.5%
Taxes, remuneration and social security45-€3,732€6,471€4,521€6,195▲ 37.0%
Taxes450/3-€3,732€5,371€3,421€5,095▲ 48.9%
Remuneration and social security454/9--€1,100€1,100€1,100=
Other amounts payable47/48-€18,861€11,719€24,591€20,827▼ 15.3%
Line20202021202220232024Change
Profit (loss) for the period9904-€18,968€15,150€1,283-€8,563-€6,770▲ 20.9%
+ Depreciation and write-downs630€3,209€7,751€7,786€12,396€15,837▲ 27.8%
Operating cash flow (approximation)-€15,759€22,901€9,069€3,833€9,067▲ 137%
Investment in fixed assets (approximation)--€5,900-€1,549-€25,452-€227▲ 99.1%
Change in cash--€4,030-€2,311-€19-€892▼ 4,589%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
12-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
19-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €15,150
Net result €15,150 after one loss-making year.
05-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 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, Bocholt · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
874 m²
Building footprint
104 m²
Volume, LiDAR
436 m³
Parcel 72016D0144/00F002, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
88 projecten
Winterdijkweg 43, 3950 BocholtLimited-service restaurants
since 20202.301.398.541
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72016D0144/00F002 Flanders 874 m² 1 · 104 m² 7.8 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 site
Bocholt2.301.398.541
1 permission
Dienstverlener - horeca · since 21-06-2022

Similar companies · same sector, comparable size

Of 3,824 companies in sector 47210 we hold annual accounts for 965. 86 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
Founded09-04-2020
Fiscal year end31-12
Legal name NL Meals on wheels
Activities, NACEBEL 2025
47210Retail sale of fruit and vegetables
56210Event catering
68201Renting and operating of own or leased residential real estate, excluding social housing
81300Landscape service activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0745909313
Also 9925:BE0745909313
Registered 26-02-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.