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BIO PROJECT

Active
Private limited companyfounded 201411 yrs activeMeyerbeerstraat 144, 1180 Ukkel, BelgiumKBO/BCE: BE 0505.699.701

BIO PROJECT has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €191k and a net result of €220k. Equity is shrinking by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 49% of 18024 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
81 / 100
Excellent▲ +18 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency57▲+15
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.0 in 2024), and 66.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
Sector 47
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
33.3%
Return on assets
38.4%
Age of the figures
8 mo
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
elevated failure risk from 2 to 8 years 11 years 0 20 y
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €191k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-05-2026, 80 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
80 d early
2024
77 d early
2023
78 d early
2022
32 d early
2021
11 d late
2020
4 d early
2019
31 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
15-09-2026 today31-12-2026 close31-07-2027 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

Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€220k▲ 10.1%
2024 · €200k
2018: €215k 2019: €187k 2020: €404k 2021: €256k 2022: €169k 2023: €161k 2024: €200k
2018 → 2025
Working capital
€85k
2024 · €-1k
2018: €164k 2019: €266k 2020: €58k 2021: €22k 2022: €38k 2023: €59k 2024: €-1k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€138k-€154k▲ 11.8%€165k▲ 7.2%€117k▼ 29.1%€191k▲ 62.9%
Operating result€331k-€227k▼ 31.5%€221k▼ 2.7%€278k▲ 26.0%€320k▲ 15.2%
Net result€256k-€169k▼ 33.9%€161k▼ 5.0%€200k▲ 24.4%€220k▲ 10.1%
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2021: €331k€331kNet result 2021: €256k€256kOperating result 2022: €227k€227kNet result 2022: €169k€169kOperating result 2023: €221k€221kNet result 2023: €161k€161kOperating result 2024: €278k€278kNet result 2024: €200k€200kOperating result 2025: €320k€320kNet result 2025: €220k€220k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 15% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €573k
Fixed assets €106k▼ 9.0%
Current assets €467k▲ 49.4%
Equity and liabilities €573k
Equity €191k▲ 62.9%
Debt €382k▲ 22.0%
The debt ratio falls from 72.8% to 66.7%: equity grows faster than debt.
Key figures and ratios
2025 value · change against 2024
EBITDA
€347k
2024 · €303k
Cash flow
€247k
2024 · €225k
Solvency
33.3%
2024 · 27.2%
Current ratio
1.22
2024 · 1.00
Quick ratio
0.89
2024 · 0.65
Debt / equity
2.00
2024 · 2.68
ROE
115.4%
2024 · 170.7%
ROA
38.4%
2024 · 46.4%
Interest coverage
13.51
2024 · 13.80
Debt
€382k
2024 · €313k
Debt ≤ 1 year
€382k
2024 · €313k
Income taxes
€76k
2024 · €70k
Staff costs
€345k
2024 · €331k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€430k€573k
Formation expenses20€1k€0
Fixed assets21/28€117k€106k
Intangible fixed assets21€1k€700
Tangible fixed assets22/27€100k€105k
Plant, machinery and equipment23€20k€19k
Furniture and vehicles24€7k€5k
Other tangible fixed assets26€73k€81k
Financial fixed assets28€16k€0
Current assets29/58€312k€467k
Stocks and contracts in progress3€109k€125k
Stocks30/36€109k€125k
Amounts receivable within one year40/41€133k€105k
Trade receivables40€72k€32k
Other amounts receivable41€61k€73k
Cash at bank and in hand54/58€71k€236k
Equity and liabilities
Total equity and liabilities10/49€430k€573k
Equity10/15€117k€191k
Contributions10/11€19k€19k=
Outside capital11€19k-
Other1109/19€19k-
Reserves13€21k€21k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€19k€19k=
Profit (loss) carried forward14€78k€151k
Amounts payable17/49€313k€382k
Amounts payable within one year42/48€313k€382k
Current portion of amounts payable after more than one year42€6k€26k
Trade debts44€113k€157k
Suppliers440/4€113k€157k
Advances received on contracts in progress46€792€0
Taxes, remuneration and social security45€64k€53k
Taxes450/3€24k€19k
Remuneration and social security454/9€40k€34k
Other amounts payable47/48€129k€147k
Income statement Code20242025
Remuneration, social security and pensions62€331k€345k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€27k
Other operating charges640/8€16k€15k
Gross operating margin9900€650k€707k
Operating profit (loss)9901€278k€320k
Financial income75/76B€14k€1k
Recurring financial income75€14k€1k
Financial charges65/66B€22k€26k
Recurring financial charges65€22k€26k
Profit (loss) for the period before taxes9903€270k€296k
Income taxes67/77€70k€76k
Profit (loss) for the period9904€200k€220k
Profit (loss) for the period to be appropriated9905€200k€220k
Appropriation of the result
Profit (loss) to be appropriated9906€326k€298k
Profit (loss) brought forward from the previous period14P€126k€78k
Profit to be distributed694/7€248k€146k
Employees696€10k€6k
Other beneficiaries697€237k€140k
Social balance
Average headcount (FTE)90879.7-

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
12-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Equity above €150kEq €191k ▲62.9%
8 profitable years in a row build equity to €191k.
15-05
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
14-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Weakest financial yearnet €161k ▼5%
Net result drops to €161k, the lowest in the series; recovery starts the following year.
29-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Equity above €150kEq €154k ▲11.8%
5 profitable years in a row build equity to €154k.
11-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 11 days late
2021
27-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Highest result since 2018net €404k ▲116%
Operating result €507k, net result €404k, both a record.
31-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
25-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
21-04
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-12-2025 Wallace: Resigned as Director
30-11-2020 Loïc Turine: Resigned as Director
30-11-2020 Virginie Pissoort: Resigned as Director
30-06-2017 Jean-Marc Turine: Resigned as Managing director
10-07-2015 BENARROSCH Emmanuel Jérémie: Resigned as Managing director
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2015
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Meyerbeerstraat 1441180 Ukkel
Ground area
1,523 m²
Building footprint
869 m²
Volume, LiDAR
10,534 m³
Parcel 21016B0121/00X008, Brussels · tallest building 21.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Meyerbeerstraat 144, 1180 Ukkel
Agents in non-specialised wholesale trade
since 20152.241.129.570
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21016B0121/00X008 Brussels 1,523 m² 1 · 869 m² 21.0 m · 5 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Ukkel2.241.129.570
2 permissions
Toelating · Viswinkel · since 25-03-2026
Toelating · Detailhandel met verwerking · since 14-03-2024

Similar companies · same sector, comparable size

Of 10,409 companies in sector 47110 we hold annual accounts for 5,787. 4,226 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded26-11-2014
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.