Equity
Broject paid out €71,230 in dividends. That is 113% of the 2026 profit.
Broject paid out €71,230 in dividends. That is 113% of the 2026 profit.
Of this, €261,601 falls due within a year.
Short-term debts rose from €93,090 to €261,601.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Liquidity is insufficient, with a current ratio of 0.67 (1.99 in 2025), below 1. Short-term debt is 25.3% and cash 0% of total assets. 84.2% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 21 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Broject files the micro format. That format states no turnover. The gross margin rose from €3,391 in 2013 to €206,360 in 2026.
The balance sheet grew most from 2024 to 2025 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €520,000. Estimated: probably between €340,000 and €800,000.
Amounts without an identifiable currency are taken as euros.
Staff costs divided by the average number of full-time equivalents.
In 2026, nobody joined and 2 people left.
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
1.0m | 1.1m | 745,834 | 177,746 | 185,081 | 178,531 | 176,595 | 175,756 | 211,493 | 177,132 | 170,320 | 155,921 | 13,681 | 11,371 | |
21/28 |
858,776 | 884,149 | 613,120 | 121,324 | 131,951 | 135,725 | 132,681 | 139,165 | 161,008 | 158,348 | 163,624 | 154,979 | 2,252 | 338 | |
22/27 |
645,415 | 669,588 | 613,120 | 121,324 | 131,951 | 135,725 | 132,681 | 138,565 | 160,408 | 157,748 | 163,024 | 154,379 | 2,252 | 338 | |
22 |
520,414 | 532,207 | 546,156 | 112,224 | 117,504 | 109,619 | 117,662 | 125,705 | 133,430 | 141,155 | 155,985 | 150,585 | - | - | |
23 |
2,571 | 4,767 | 4,424 | 4,774 | 6,766 | 21,074 | 12,597 | 11,026 | 12,934 | 14,842 | - | - | - | - | |
24 |
9,133 | 7,976 | 12,397 | 2,044 | 4,045 | 5,032 | 2,422 | 1,834 | 14,044 | 1,751 | 7,040 | 3,793 | 2,252 | 338 | |
26 |
113,297 | 124,638 | 50,144 | 2,283 | 3,636 | - | - | - | - | - | - | - | - | - | |
28 |
213,361 | 214,561 | - | - | - | - | - | 600 | 600 | 600 | 600 | 600 | - | - | |
29/58 |
174,368 | 185,364 | 132,713 | 56,422 | 53,130 | 42,806 | 43,914 | 36,592 | 50,485 | 18,784 | 6,696 | 942 | 11,429 | 11,034 | |
29 |
152,924 | 128,594 | 103,770 | - | - | - | - | - | - | - | - | - | - | - | |
291 |
152,924 | 128,594 | 103,770 | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
16,985 | 53,399 | 11,901 | 31,059 | 19,910 | 37,967 | 40,922 | 31,585 | 24,012 | 15,719 | - | 577 | 1,110 | 1,171 | |
40 |
0 | 2,648 | 1,622 | 22,769 | 19,910 | 37,967 | 34,443 | 21,191 | 18,483 | 15,719 | - | - | - | - | |
41 |
16,985 | 50,751 | 10,279 | 8,290 | - | - | 6,479 | 10,394 | 5,528 | - | - | 577 | 1,110 | 1,171 | |
54/58 |
230 | 1,276 | 15,478 | 23,314 | 29,666 | 2,523 | 721 | 1,890 | 25,296 | 2,113 | 6,331 | - | 10,319 | 9,863 | |
490/1 |
4,230 | 2,094 | 1,564 | 2,049 | 3,554 | 2,316 | 2,271 | 3,116 | 1,178 | 952 | 365 | 365 | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
1.0m | 1.1m | 745,834 | 177,746 | 185,081 | 178,531 | 176,595 | 175,756 | 211,493 | 177,132 | 170,320 | 155,921 | 13,681 | 11,371 | |
10/15 |
162,792 | 170,845 | 145,490 | 101,497 | 68,664 | 50,960 | 35,462 | 30,185 | 14,772 | 13,292 | 12,439 | -566 | 6,130 | 7,253 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | 12,400 | 12,400 | 12,400 | |
13 |
134,384 | 142,436 | 117,082 | 73,090 | 40,258 | 22,608 | 7,110 | 1,860 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |
130/1 |
- | - | - | - | 1,860 | 1,860 | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |
1311 |
- | - | - | - | 1,860 | 1,860 | - | - | - | - | - | - | - | - | |
133 |
134,384 | 142,436 | 117,082 | 73,090 | 38,398 | 20,748 | 5,250 | - | - | - | - | - | - | - | |
14 |
9,809 | 9,809 | 9,808 | 9,807 | 9,806 | 9,752 | 9,752 | 9,725 | -4,828 | -6,308 | -7,161 | -7,766 | -1,070 | 53 | |
17/49 |
870,351 | 898,668 | 600,344 | 76,249 | 116,416 | 127,571 | 141,134 | 145,571 | 196,720 | 163,839 | 157,882 | 156,487 | 7,551 | 4,119 | |
17 |
606,602 | 805,578 | 409,309 | 56,698 | 68,492 | 88,338 | 105,305 | 105,009 | 97,702 | 95,075 | 101,585 | 107,892 | - | - | |
170/4 |
451,602 | 507,578 | 409,309 | 56,698 | 68,492 | 88,338 | 105,305 | 105,009 | 97,702 | 95,075 | 101,585 | 107,892 | - | - | |
178/9 |
155,000 | 298,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
42/48 |
261,601 | 93,090 | 191,034 | 19,551 | 47,924 | 39,234 | 35,828 | 40,562 | 99,019 | 68,765 | 56,296 | 48,595 | 7,551 | 4,119 | |
42 |
86,976 | 53,854 | 128,944 | 15,424 | 19,845 | 19,429 | 19,024 | 13,813 | 10,919 | 7,044 | 6,307 | 6,109 | - | - | |
43 |
296 | 441 | - | - | - | - | 1,812 | - | 35,437 | 59,252 | 48,127 | 234 | - | - | |
430/8 |
296 | 441 | - | - | - | - | 1,482 | - | - | - | - | 234 | - | - | |
439 |
- | - | - | - | - | - | 330 | - | 35,437 | 59,252 | 48,127 | - | - | - | |
44 |
1,758 | 4,002 | 6,871 | 1,024 | 2,494 | 1,664 | 2,738 | 8,325 | 43,221 | 1,066 | 1,392 | 1,743 | 76 | 2,014 | |
440/4 |
1,758 | 4,002 | 6,871 | 1,024 | 2,494 | 1,664 | 2,738 | 8,325 | 43,221 | 1,066 | 1,392 | 1,743 | 76 | 2,014 | |
45 |
36,814 | 10,488 | 3,049 | 2,543 | 12,127 | 15,766 | 6,640 | 12,458 | 9,441 | 1,403 | 471 | 166 | 1,475 | 2,105 | |
450/3 |
34,317 | 2,540 | 536 | 240 | 9,877 | 13,209 | 4,900 | 12,428 | 9,441 | 1,403 | 471 | 166 | 1,475 | 2,105 | |
454/9 |
2,497 | 7,948 | 2,513 | 2,303 | 2,250 | 2,556 | 1,740 | 30 | - | - | - | - | - | - | |
47/48 |
135,758 | 24,305 | 52,171 | 560 | 13,458 | 2,375 | 5,615 | 5,967 | - | - | - | 40,344 | 6,000 | - | |
492/3 |
2,148 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||
9900 |
206,360 | 136,890 | 125,652 | 95,093 | 72,834 | 51,500 | 45,528 | 54,337 | 34,435 | 17,407 | 16,056 | 5,508 | 2,090 | 3,391 | |
62 |
44,249 | 36,068 | 27,609 | 24,017 | 22,209 | 5,791 | 15,637 | 1,285 | - | - | - | - | - | - | |
630 |
37,821 | 36,197 | 24,939 | 16,724 | 15,976 | 13,133 | 12,857 | 11,569 | 17,727 | 11,257 | 10,918 | 9,297 | 1,084 | 241 | |
640/8 |
2,762 | 3,277 | 4,218 | 3,371 | 3,430 | 3,389 | 2,864 | 4,425 | 5,207 | 1,010 | 348 | 1,699 | 610 | - | |
9901 |
121,527 | 61,349 | 68,886 | 50,982 | 31,219 | 29,188 | 14,171 | 37,058 | 11,501 | 5,140 | 4,790 | -5,489 | 396 | 3,150 | |
75/76B |
3,475 | 4,264 | 169 | 81 | - | 4,930 | 524 | 6 | 2,614 | - | 21 | 8 | 4 | 59 | |
75 |
3,475 | 4,264 | 169 | 81 | - | 5 | 524 | 6 | 57 | - | 21 | 8 | 4 | 59 | |
76B |
- | - | - | - | - | 4,925 | - | - | 2,557 | - | - | - | - | - | |
65/66B |
27,338 | 29,212 | 4,384 | 2,852 | 3,006 | 4,745 | 4,253 | 9,246 | 3,203 | 3,354 | 3,780 | 1,049 | 46 | 50 | |
65 |
27,338 | 29,212 | 4,384 | 2,852 | 3,006 | 4,745 | 4,253 | 4,419 | 3,203 | 3,354 | 3,780 | 1,049 | 46 | 50 | |
66B |
- | - | - | - | - | - | - | 4,827 | - | - | - | - | - | - | |
9903 |
97,665 | 36,400 | 64,670 | 48,211 | 28,213 | 29,372 | 10,442 | 27,819 | 10,911 | 1,786 | 1,032 | -6,530 | 353 | 3,159 | |
67/77 |
34,487 | 10,245 | 20,677 | 14,578 | 9,708 | 13,074 | 4,365 | 12,406 | 9,431 | 932 | 427 | 166 | 1,475 | 2,106 | |
9904 |
63,178 | 26,155 | 43,993 | 33,633 | 18,505 | 16,298 | 6,076 | 15,413 | 1,480 | 854 | 605 | -6,696 | -1,123 | 1,053 | |
9905 |
63,178 | 26,155 | 43,993 | 33,633 | 18,505 | 16,298 | 6,076 | 15,413 | 1,480 | 854 | 605 | -6,696 | -1,123 | 1,053 | |
| Appropriation of the result | |||||||||||||||
9906 |
72,986 | 35,963 | 53,800 | 43,439 | 28,256 | 26,050 | 15,802 | 10,585 | -4,828 | -6,308 | -7,161 | -7,766 | -1,070 | 1,053 | |
14P |
9,809 | 9,808 | 9,807 | 9,806 | 9,752 | - | - | - | - | - | - | - | - | - | |
791/2 |
71,230 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
63,178 | 25,354 | 43,992 | 32,832 | 17,650 | 15,498 | 5,250 | 860 | - | - | - | - | - | 1,000 | |
6920 |
- | - | 43,992 | - | - | - | - | 860 | - | - | - | - | - | 1,000 | |
6921 |
63,178 | 25,354 | - | 32,832 | 17,650 | 15,498 | 5,250 | - | - | - | - | - | - | - | |
694/7 |
71,230 | 800 | - | 800 | 800 | 800 | 800 | - | - | - | - | - | - | - | |
694 |
71,230 | 800 | - | 800 | 800 | 800 | 800 | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||
9087 |
1.6 | 1.2 | 1 | 1 | 0.9 | 0.5 | 0.5 | 0.5 | - | - | - | - | - | - | |
Hours worked1013 |
1,405 | 1,099 | 1,033 | 1,040 | - | - | 912 | 80 | - | - | - | - | - | - | |
| Document | |||||||||||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2026 at the NBB, filed on 11-09-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 11-09-2026 | 2026-00510760 | |
| 31-03-2025 | micro format | 28-10-2025 | 2025-00550855 | |
| 31-03-2024 | micro format | 19-09-2024 | 2024-00465148 | |
| 31-03-2023 | micro format | 30-10-2023 | 2023-00496870 | |
| 31-03-2022 | micro format | 28-10-2022 | 2022-20475089 | |
| 31-03-2021 | micro format | 26-10-2021 | 2021-72900163 | |
| 31-03-2020 | micro format | 21-09-2020 | 2020-54000565 | |
| 31-03-2019 | micro format | 13-09-2019 | 2019-64100373 | |
| 31-03-2018 | micro format | 17-09-2018 | 2018-63000425 | |
| 31-03-2017 | micro format | 22-09-2017 | 2017-61700271 | |
| 31-03-2016 | abbreviated format | 16-09-2016 | 2016-59800277 | |
| 31-03-2015 | abbreviated format | 14-09-2015 | 2015-58400436 | |
| 31-03-2014 | abbreviated format | 17-09-2014 | 2014-58600589 | |
| 31-03-2013 | abbreviated format | 18-09-2013 | 2013-58300370 |
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 159,349 | 97,545 | 93,825 | 67,705 | 47,195 | 42,320 | 27,027 | 48,627 | 29,228 | 16,397 | 15,709 | 3,809 | 1,479 | 3,391 | ||
| 100,999 | 62,351 | 68,932 | 50,356 | 34,480 | 29,431 | 18,933 | 26,982 | 19,207 | 12,110 | 11,523 | 2,601 | -39 | 1,294 | ||
| 13,648 | 460,163 | 516,735 | 6,097 | 36,347 | 16,177 | 6,973 | 1,053 | 20,386 | 5,980 | 19,564 | 162,025 | 2,998 | 579 | ||
| -1,046 | -14,202 | -7,835 | -6,353 | 27,143 | 1,802 | -1,169 | -23,406 | 23,183 | -4,218 | - | - | 456 | - | ||
| -87,233 | 92,273 | -58,321 | 36,871 | 5,206 | 3,572 | 8,086 | -3,971 | -48,533 | -49,981 | -49,600 | -47,653 | 3,878 | 6,915 | ||
| 15.8% | 16.0% | 19.5% | 57.1% | 37.1% | 28.5% | 20.1% | 17.2% | 7.0% | 7.5% | 7.3% | -0.4% | 44.8% | 63.8% | ||
| 0.67 | 1.99 | 0.69 | 2.89 | 1.11 | 1.09 | 1.23 | 0.90 | 0.51 | 0.27 | 0.12 | 0.02 | 1.51 | 2.68 | ||
| 5.35 | 5.26 | 4.13 | 0.75 | 1.70 | 2.50 | 3.98 | 4.82 | 13.32 | 12.33 | 12.69 | - | 1.23 | 0.57 | ||
| 38.8% | 15.3% | 30.2% | 33.1% | 26.9% | 32.0% | 17.1% | 51.1% | 10.0% | 6.4% | 4.9% | - | -18.3% | 14.5% | ||
| 6.1% | 2.4% | 5.9% | 18.9% | 10.0% | 9.1% | 3.4% | 8.8% | 0.7% | 0.5% | 0.4% | -4.3% | -8.2% | 9.3% | ||
| 5.83 | 3.34 | 21.40 | 23.74 | 15.70 | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | - | 2 | 1 | 1 | 1 |
| part-time | - | 2 | 1 | 1 | 1 |
| in full-time equivalents | - | 1 | 0.5 | 0.5 | 0.5 |
| 0.8 | 0.6 | 0.5 | 0.5 | 0.5 | |
| On a permanent contract | - | 2 | 1 | 1 | 1 |
| Joined | 0 | 1 | - | - | - |
| Left | 2 | 0 | - | - | - |
Source: social balance sheet in the 2022 to 2026 annual accounts
| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|---|
| Tangible fixed assets | €13,648 | €245,602 | €516,735 | €6,097 | €36,347 |
| Financial fixed assets | - | €214,561 | - | - | - |
| €37,821 | €36,197 | €24,939 | €16,724 | €15,976 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
The operating result for 2026 is 98% higher than in 2025 and the highest since 2013. It is a recovery after the fall in 2025.
Debt's share of the balance-sheet total rises from 84.0% to 84.2%. Equity and debt are lower.
Source: list of holdings in its own 31-03-2026 accounts. Every holding stands with its own latest accounts.
| NUTRIFOODS
registered office since 28-05-2024 · founded in 2024 · negative equity (2025) |
total assets €40,192 (2025) 1009.781.579 |
| ReDuc
registered office since 28-10-2026 |
founded in 2026 1044.626.355 |
| DJUKES
registered office since 22-01-2026 |
founded in 2026 1033.375.840 |
| Name | 2025 | 2026 |
|---|---|---|
| DUCFIN | 25% | |
| NUTRIFOODS | 40% | |
Source: list of holdings in its own accounts
The connected companies are in the list below.
Deadline for the 2027 accounts: 31-10-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Oceaanlaan 6 registered office 8434 Middelkerke 64210 Activities of holding companies | 19-01-2012 | 2.205.877.592 |
| Witherenstraat 47 1800 Vilvoorde 64210 Activities of holding companies | 18-12-2019 | 2.357.200.166 |
| 03-06-2024 | Granted | Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 14-03-2024 · project 2024031741 | Vilvoorde |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 35022A0003/00L041 | 681 m² | 1 · 150 m² | 5.7 m · 1 |
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