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ANPROJECTS

Active
Public limited companyfounded 199036 yrs activeGrotesteenweg 77, 2600 Antwerpen, BelgiumKBO/BCE: BE 0440.576.770
Summary

ANPROJECTS has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€99,358) and a net result of €19,106. Equity is growing by ~21.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 8737 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
59 / 100
Fair
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency0=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.63 against 0.41 in 2024; short-term debt: 67% and cash: 41.7% of total assets), and equity is negative.
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Signals

Six 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 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 2025
Solvency, return and age of the figures
Solvency
-793.4%
Return on assets
152.6%
Age of the figures
15 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 8737 sector peers (2025).
NBB · sector comparison
Position among 8737 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 d early
2024
49 d early
2023
41 d early
2022
22 d early
2021
9 d early
2020
45 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 7 accounts on average 33 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
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

On 9 April 1990, ANPROJECTS was incorporated.1 Total assets went from EUR 226,631 in 2019 to EUR 12,522 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€99,358▲ 16.1%
2024 · -€118,464
Total assets
€12,522▼ 46.4%
2024 · €23,359
Net result
€19,106▲ 6.4%
2024 · €17,957
Working capital
-€3,123▲ 86.2%
2024 · -€22,642
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
Line20212022202320242025
Operating result€108,663▲ 436%€49,111▼ 54.8%€65,299▲ 33.0%€24,034▼ 63.2%€25,686▲ 6.9%
Net result€81,217within the sector's middle half▲ 622%€35,931within the sector's middle half▼ 55.8%€48,476within the sector's middle half▲ 34.9%€17,957within the sector's middle half▼ 63.0%€19,106within the sector's middle half▲ 6.4%
Equity-€220,827below the sector's middle half▲ 26.9%-€184,896below the sector's middle half▲ 16.3%-€136,420below the sector's middle half▲ 26.2%-€118,464below the sector's middle half▲ 13.2%-€99,358below the sector's middle half▲ 16.1%
Total assets€30,719below the sector's middle half▼ 42.4%€30,055below the sector's middle half▼ 2.2%€35,644below the sector's middle half▲ 18.6%€23,359below the sector's middle half▼ 34.5%€12,522below the sector's middle half▼ 46.4%
Debt€251,546▼ 29.2%€214,951▼ 14.5%€172,064▼ 20.0%€141,823▼ 17.6%€111,880▼ 21.1%
Working capital-€131,658▲ 9.6%-€88,941▲ 32.4%-€40,208▲ 54.8%-€22,642▲ 43.7%-€3,123▲ 86.2%
Solvency-718.8%below the sector's middle half▼ 152.6pp-615.2%below the sector's middle half▲ 103.7pp-382.7%below the sector's middle half▲ 232.5pp-507.1%below the sector's middle half▼ 124.4pp-793.4%below the sector's middle half▼ 286.3pp
Staff (FTE)
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 abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2021: €108,663€108,663Net result 2021: €81,217€81,217Operating result 2022: €49,111€49,111Net result 2022: €35,931€35,931Operating result 2023: €65,299€65,299Net result 2023: €48,476€48,476Operating result 2024: €24,034€24,034Net result 2024: €17,957€17,957Operating result 2025: €25,686€25,686Net result 2025: €19,106€19,10620212022202320242025€0€20,000€40,000€60,000Operating result 2023: €65,299€65,300Net result 2023: €48,476€48,500Operating result 2024: €24,034€24,000Net result 2024: €17,957€18,000Operating result 2025: €25,686€25,700Net result 2025: €19,106€19,100202320242025
The operating result recovers in 2025; 2025 is 7% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12,522
Fixed assets €7,255 ▼ 2.8%
Current assets €5,267 ▼ 66.9%
Key figures and ratios
2025 value · change against 2024
EBITDA
€25,899▲
2024 · €24,197
Cash flow
€19,319▲
2024 · €18,119
Current ratio
0.63▲
2024 · 0.41
Debt to equity
-1.13▲
2024 · -1.20
ROA
152.6%▲
2024 · 76.9%
Interest coverage
331.36▲
2024 · 262.41
Debt ≤ 1 year
€8,390▼
2024 · €38,533
Debt > 1 year
€103,290=
2024 · €103,290
Income taxes
€6,502▲
2024 · €5,986
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,799 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more
2.5% went bankrupt
5.3% stopped otherwise
91% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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 3,799 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 · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€23,359€12,522▼
Fixed assets21/28€7,468€7,255▼
Tangible fixed assets22/27€7,468€7,255▼
Land and buildings22€7,468€7,255▼
Current assets29/58€15,891€5,267▼
Amounts receivable within one year40/41€14€42▲
Other amounts receivable41€14€42▲
Cash at bank and in hand54/58€15,767€5,225▼
Deferred charges and accrued income490/1€109-
Equity and liabilities
Total equity and liabilities10/49€23,359€12,522▼
Equity10/15-€118,464-€99,358▲
Contributions10/11€105,355€105,355=
Capital10€105,355€105,355=
Issued capital100€105,355€105,355=
Profit (loss) carried forward14-€223,818-€204,712▲
Amounts payable17/49€141,823€111,880▼
Amounts payable after more than one year17€103,290€103,290=
Financial debts170/4€103,290€103,290=
Amounts payable within one year42/48€38,533€8,390▼
Trade debts44€38,533€8,390▼
Suppliers440/4€38,533€8,390▼
Accrued charges and deferred income492/3-€200
Income statement Code20242025
Non-recurring operating income76A€30,250€30,250=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€163€213▲
Other operating charges640/8€1,455€775▼
Gross operating margin9900€25,652€26,674▲
Operating profit (loss)9901€24,034€25,686▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€92€78▼
Recurring financial charges65€92€78▼
Profit (loss) for the period before taxes9903€23,942€25,608▲
Income taxes67/77€5,986€6,502▲
Profit (loss) for the period9904€17,957€19,106▲
Profit (loss) for the period to be appropriated9905€17,957€19,106▲
Appropriation of the result
Profit (loss) to be appropriated9906-€223,818-€204,712▲
Profit (loss) brought forward from the previous period14P-€241,775-€223,818▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€38,750€30,250€30,250€30,250=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€150€150€150€163€213▲ 30.8%
Other operating charges640/8-€524€556€1,455€775▼ 46.7%
Gross operating margin9900€108,988€49,784€66,005€25,652€26,674▲ 4.0%
Operating profit (loss)9901€108,663€49,111€65,299€24,034€25,686▲ 6.9%
Financial income75/76B----€0-
Recurring financial income75----€0-
Financial charges65/66B-€101€72€92€78▼ 15.2%
Recurring financial charges65€39€101€72€92€78▼ 15.2%
Profit (loss) for the period before taxes9903€108,624€49,010€65,227€23,942€25,608▲ 7.0%
Income taxes67/77€27,407€13,079€16,752€5,986€6,502▲ 8.6%
Profit (loss) for the period9904€81,217€35,931€48,476€17,957€19,106▲ 6.4%
Profit (loss) for the period to be appropriated9905€81,217€35,931€48,476€17,957€19,106▲ 6.4%
Line20212022202320242025Change
Assets
Total assets20/58€30,719€30,055€35,644€23,359€12,522▼ 46.4%
Fixed assets21/28€7,931€7,781€7,631€7,468€7,255▼ 2.8%
Tangible fixed assets22/27€7,931€7,781€7,631€7,468€7,255▼ 2.8%
Land and buildings22-€7,781€7,631€7,468€7,255▼ 2.8%
Current assets29/58€22,788€22,274€28,013€15,891€5,267▼ 66.9%
Amounts receivable within one year40/41€4,510€139€312€14€42▲ 189%
Other amounts receivable41-€139€312€14€42▲ 189%
Cash at bank and in hand54/58€18,279€22,084€27,658€15,767€5,225▼ 66.9%
Deferred charges and accrued income490/1-€50€44€109--
Equity and liabilities
Total equity and liabilities10/49€30,719€30,055€35,644€23,359€12,522▼ 46.4%
Equity10/15-€220,827-€184,896-€136,420-€118,464-€99,358▲ 16.1%
Contributions10/11€105,355€105,355€105,355€105,355€105,355=
Capital10-€105,355€105,355€105,355€105,355=
Issued capital100-€105,355€105,355€105,355€105,355=
Profit (loss) carried forward14-€326,181-€290,250-€241,775-€223,818-€204,712▲ 8.5%
Amounts payable17/49€251,546€214,951€172,064€141,823€111,880▼ 21.1%
Amounts payable after more than one year17€97,100€103,290€103,290€103,290€103,290=
Financial debts170/4-€103,290€103,290€103,290€103,290=
Amounts payable within one year42/48€154,446€111,215€68,222€38,533€8,390▼ 78.2%
Trade debts44€128,385€98,135€67,970€38,533€8,390▼ 78.2%
Suppliers440/4-€98,135€67,970€38,533€8,390▼ 78.2%
Taxes, remuneration and social security45-€13,080€252---
Taxes450/3-€13,080€252---
Accrued charges and deferred income492/3-€446€553-€200-
Line20212022202320242025Change
Profit (loss) for the period9904€81,217€35,931€48,476€17,957€19,106▲ 6.4%
+ Depreciation and write-downs630€150€150€150€163€213▲ 30.8%
Operating cash flow (approximation)€81,367€36,081€48,626€18,119€19,319▲ 6.6%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€3,806€5,574-€11,891-€10,542▲ 11.3%

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

Next filing, fiscal year 2026, expected by 31-01-2027
2025
19-12
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
13-12
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
20-11
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
09-12
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
22-12
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
31-05
Financial Highest result since 2019net €81,217 ▲622%
Operating result €108,663, net result €81,217, both a record.
2020
16-11
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
31-05
Financial Weakest financial yearnet €11,256 ▼70.3%
Net result drops to €11,256, the lowest in the series; recovery starts the following year.
2019
06-12
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
28-11
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
28-11
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
28-11
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts

We know of 9 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
9 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, Antwerpen · 1 establishment unit since 1990
seat establishment The establishment unit on the map
Ground area
503 m²
Building footprint
462 m²
Volume, LiDAR
5,597 m³
Parcel 11303B0544/00G000, Flanders · tallest building 19.5 m, ±5 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
ANPROJECTS NV
Grotesteenweg 77, 2600 AntwerpenNACE 4520002
since 19902.048.265.163
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11303B0544/00G000 Flanders 503 m² 1 · 462 m² 19.5 m · 5 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 30-06-2025 list no shareholders, and no other source names one.

Holdings 1

According to the annual accounts to 30-06-2025 of ANPROJECTS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded09-04-1990
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0440576770
Also 9925:BE0440576770
Registered 27-02-2026

Register as of 27 September 2026 · Peppol Directory

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