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ALLIANCE PROJECT

Active
Private limited companyfounded 20223 yrs activeEdmond Machtenslaan 172, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0792.314.311
Summary

The computed 12-month bankruptcy probability of ALLIANCE PROJECT is 12.2% (high). The 2024 annual accounts show equity of €132,290 and a net result of €156,229. Its solvency ranks better than 44% of 1762 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Limited-service restaurants, excluding mobile food services
NACE 56112Limited-service restaurants NACE 56102
1 site
How big
€681,507total assets 2024
Equity
€132,290
Profit
€156,229
Financially healthy?
33 Weak Checked score 2024
Bankruptcy chance 12 m
12.2%
Who decides
Accounts 63 d overdue0 of 2 deeds read
Why 33- 1 financial year not filed after the legal deadline; latest accounts 218 days late; 2 of the last 3 late- 1 change of registered office in 24 months- Figures for FY 2024 (filed 16-03-2026)- Sector Food and beverage service activities (NACE 56)Show the evidence

Checked score

Score 2024
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 61% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency 44+10
equity 19.4% of total assets
Liquidity 27-23
short-term debt 76.9% · cash 15.3%
Profitability 97+27
return on assets 22.9%
Bankruptcy probability, 12 months
12.2% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (23,401 companies)
  • 1 financial year not filed after the legal deadline; latest accounts 218 days late; 2 of the last 3 late raises the probability
  • 1 change of registered office in 24 months raises the probability
  • Figures for FY 2024 (filed 16-03-2026) raises the probability
  • Sector Food and beverage service activities (NACE 56) raises the probability
Credit up to €4,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.01 against 0.72 in 2023; short-term debt: 76.9% and cash: 15.3% of total assets), and 80.6% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 41%, liquidity 22%, profitability 85%, growth against the median 96%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 218 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Figures for FY 2024 (filed 16-03-2026)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Food and beverage service activities (NACE 56)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-03-2026, 218 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
218 d late
2023
265 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 242 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% 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
  1. Annual accounts filedfiscal year 2024 · full…
  2. Annual accounts filedfiscal year 2023 · full…
  3. Equity above €100,000Eq €132,290 ▲286%

Key points

  • Positive: Result rose in 2024from €16,261 to €156,229 ▲ 861% View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Positive: Among the best 12% on net resultsector median €10,789 · 1,763 companies €156,229 View

By topic

Financials

Fiscal year
2024
Total assets
€681,507
Profit
€156,229
Solvency
19.4%
Total assets▲ 80.8%
Net result
20232024
Go to Financials

Timeline

Events
3
Since
2024
  1. 06-03-2026Annual accounts filed
  2. 22-04-2025Annual accounts filed
  3. 31-12-2024Equity above €100,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
11-10-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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