Debts
€177,232 97% of the balance sheet
Suppliers 99%Taxes and wages 1%
All Project Solution
Lifetime
3 annual accounts with figures on one time axispeak €4,472 (2024)
€2,287▼ 48.9%
lowest -€1,960 (2025)
-€1,960▼ €2,735
peak €7,056 (2024)
€5,096▼ 27.8%
€177,232▲ 15.1%
Board2 names since 2022
1 directorSEBBAHI Farid
Documentsfilings and deeds
09-09-202640 days late
2025micro format
Bankruptcy reversal 24-10Bankruptcy published 08-10Gross margin from €4,472 to €2,287Loss of €1,960Equity from €7,056 to €5,096Debts from €153,981 to €177,232
Key points
from the 2025 annual accountsFilings
3 annual accounts 3 late
The 2025 accounts came latest: 40 days after the end of the period.
Position in the sector
2.8%
Lower solvency than 86% of companies in construction of buildings. Sector median 42.9% · 9,462 companies.
Checked score
34
Weak
Financially stronger than 17% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.9% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 8.3%
01-2025: 8.3%● unchanged vs 12-2024
02-2025: 8.3%● unchanged vs 01-2025
03-2025: 8.4%▲ +0.1 percentage points vs 02-2025
04-2025: 9.4%▲ +1.0 percentage point vs 03-2025
05-2025: 9.4%● unchanged vs 04-2025highest value
06-2025: 9.3%▼ -0.1 percentage points vs 05-2025
07-2025: 9.4%▲ +0.1 percentage points vs 06-2025
08-2025: 6.1%▼ -3.3 percentage points vs 07-2025
09-2025: 6.1%● unchanged vs 08-2025
10-2025: 3.6%▼ -2.5 percentage points vs 09-2025
11-2025: 3.6%● unchanged vs 10-2025
12-2025: 3.6%● unchanged vs 11-2025
01-2026: 3.6%● unchanged vs 12-2025
02-2026: 3.6%● unchanged vs 01-2026
03-2026: 3.6%● unchanged vs 02-2026
04-2026: 3.6%● unchanged vs 03-2026
05-2026: 3.6%● unchanged vs 04-2026
06-2026: 3.3%▼ -0.3 percentage points vs 05-2026lowest value
07-2026: 3.4%▲ +0.1 percentage points vs 06-2026
08-2026: 4.1%▲ +0.7 percentage points vs 07-2026
09-2026: 5.8%▲ +1.7 percentage points vs 08-2026
10-2026: 5.9%▲ +0.1 percentage points vs 09-2026
11-2026: 5.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Founded in 2022
Last filed accounts filed 40 days late; 2 of the last 3 accounts late
Equity €5,096 (2.8% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 13% of them on solvency, 6% on liquidity, 31% on profitability and 16% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,301 companies had the same profile as All Project Solution has now. Each dot stands for 4 companies, two years later.
92.6%
were still trading
1.6%
stopped another way
5.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of All Project Solution itself: 5.9% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,301 companies, not a prediction for All Project Solution. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Liquidity is insufficient, with a current ratio of 0.99 (0.98 in 2024), below 1. Short-term debt is 97.2% and cash 3.3% of total assets. 97.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
raises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 9462 sector peers (2025).
NBB · sector comparisonPosition among 9462 sector peers
Solvency
better than 14%
← weakest
strongest →
raises risk · 2025 accounts filed 40 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filingsDeviation from the deadline
2025
40 days late
2024
33 days late
2023
26 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 33 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 September (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- EL KARIMI Omar 50 sharesdeed of 19-10-2022
- SEBBAHI Farid 50 sharesdeed of 19-10-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0792563343
Bankruptcy reversal
Enterprise Court of Liège, Liège division · judgment of 20-10-2025 · Bankruptcy
Bankruptcy published
Enterprise Court of Liège, Liège division · judgment of 29-09-2025 · Bankruptcy
Resignation: EL KARIMI Omar (director)
General meeting of 15-04-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| All Project Solution Liège | €182,329 | €2,287 | 2.8% | - |
| LUC SWILLEN Bierbeek | €147,414 | €2,548 | 93.9% | - |
| IMMO HAM SUR HEURE SANTE Gembloux | €133,694 | €2,867 | -1.2% | - |
| VK BC Oostkamp | €198,119 | -€9,207 | 56.4% | - |
| MARULLO BUILDING MANAGEMENT Mettet | €160,315 | -€17,026 | 74.1% | - |
| HORTUS CONCLUSUS FACILITATOR Aalst | €190,906 | -€3,465 | 53.9% | - |
| Dessing Vastgoed België Geel | €232,697 | -€5,292 | -4.8% | 0 |
These companies have the same main activity as All Project Solution: general construction of other non-residential buildings (NACE 41003). They are comparable in size and age: total assets between €134,000 and €233,000, founded between 2020 and 2023.
Official details
Source: KBO- Status
- Active since 17-10-2022Normal situation
- Activity
- General construction of other non-residential buildingsNACE 41003
- Establishment unit
- 2.347.814.0314020 Liège, since 17-10-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 01-12-2025
Insights on All Project Solution
All Project Solution files the micro format. That format states no turnover. The gross margin rose from -€97 in 2023 to €2,287 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about All Project Solution
- What is the company number of All Project Solution?
- The company number of All Project Solution is 0792.563.343. The VAT number is the same number with BE in front: BE 0792.563.343.
- Where is All Project Solution based?
- The registered office is at Rue de la Commune 15, 4020 Liège.Company details
- What does All Project Solution do?
- According to the KBO register, the main activity is general construction of other non-residential buildings (NACE 41003).
- What is the legal form of All Project Solution?
- All Project Solution is a private limited company (BV).
- When was All Project Solution founded?
- All Project Solution was founded on 17-10-2022.
- Is All Project Solution still active?
- Yes, All Project Solution is an active enterprise in the KBO register.
- What is the turnover of All Project Solution?
- The turnover in financial year 2025 is ≈ €28,000. This figure is estimated from the gross margin of €2,287 and 278 comparable companies (NACE 410). It probably lies between €15,000 and €52,000. It is a rough estimate.Financials
- Is All Project Solution profitable?
- In financial year 2025, All Project Solution made a loss of €1,960.
- Where can I find the annual accounts of All Project Solution?
- All Project Solution filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of All Project Solution due?
- All Project Solution must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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