C.P. PROJECTS
ActiveSummary
C.P. PROJECTS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €661,972 and a net result of €23,851. Equity is shrinking by ~9.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability45▲+31
Solvency42▲+1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity short (current ratio 0.35 against 0.47 in 2024; short-term debt: 1.5% and cash: 0.2% of total assets), and 82.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17.2%
Return on assets
0.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
25 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
16 d late
2019
35 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 28 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
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 monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€661,972▲ 3.7%
2024 · €638,121
Total assets
€3.8m▼ 1.4%
2024 · €3.9m
Net result
€23,851
2024 · -€135,991
Working capital
-€36,730▼ 30.0%
2024 · -€28,248
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€5,879-€187,577-€227,296▼ 21.2%-€85,170▲ 62.5%€74,207
Net result€134,878-€228,848-€288,047▼ 25.9%-€135,991▲ 52.8%€23,851
Equity€1.3m▲ 11.7%€1.1m▼ 17.7%€774,111▼ 27.1%€638,121▼ 17.6%€661,972▲ 3.7%
Total assets€4.1m▲ 4.1%€4.1m▲ 0.8%€4.0m▼ 4.0%€3.9m▼ 2.0%€3.8m▼ 1.4%
Debt€2.8m▲ 0.9%€3.1m▲ 9.3%€3.2m▲ 4.0%€3.3m▲ 1.7%€3.2m▼ 2.4%
Working capital€799,870-€38,350-€17,137▲ 55.3%-€28,248▼ 64.8%-€36,730▼ 30.0%
Staff (FTE)
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €74,207 after a loss of €85,170 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.8m
Fixed assets
€3.8m ▼ 1.3%
Current assets
€19,720 ▼ 22.8%
Equity and liabilities €3.8m
Equity
€661,972 ▲ 3.7%
Debt
€3.2m ▼ 2.4%
Debt's share of the balance-sheet total falls from 83.6% to 82.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€154,714▲
2024 · -€8,152
Cash flow
€104,358▲
2024 · -€58,972
Current ratio
0.35▼
2024 · 0.47
Debt to equity
4.80▼
2024 · 5.10
ROE
3.6%▲
2024 · -21.3%
ROA
0.6%▲
2024 · -3.5%
Interest coverage
3.07▲
2024 · -0.16
Debt ≤ 1 year
€56,451▲
2024 · €53,778
Debt > 1 year
€3.1m▼
2024 · €3.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,653 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
0.9%
went bankrupt
1.9%
stopped otherwise
97%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
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%.
| 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 4,653 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €82,195 | - | - | - | €34,950 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44,599 | €178,954 | €187,310 | €77,018 | €80,506 | ▲ 4.5% |
| Other operating charges640/8 | €5,468 | €10,924 | €14,174 | €6,207 | €19,340 | ▲ 212% |
| Non-recurring operating charges66A | - | - | €36,751 | - | - | - |
| Gross operating margin9900 | €55,946 | €2,302 | €10,939 | -€1,945 | €174,053 | ▲ 9,049% |
| Operating profit (loss)9901 | €5,879 | -€187,577 | -€227,296 | -€85,170 | €74,207 | ▲ 187% |
| Financial income75/76B | €185,465 | - | €5 | - | - | - |
| Recurring financial income75 | €185,465 | - | €5 | - | - | - |
| Financial charges65/66B | €46,116 | €41,271 | €60,756 | €50,821 | €50,356 | ▼ 0.9% |
| Recurring financial charges65 | €46,116 | €41,271 | €60,756 | €50,821 | €50,356 | ▼ 0.9% |
| Profit (loss) for the period before taxes9903 | €145,228 | -€228,848 | -€288,047 | -€135,991 | €23,851 | ▲ 118% |
| Income taxes67/77 | €10,350 | - | - | - | - | - |
| Profit (loss) for the period9904 | €134,878 | -€228,848 | -€288,047 | -€135,991 | €23,851 | ▲ 118% |
| Profit (loss) for the period to be appropriated9905 | €134,878 | -€228,848 | -€288,047 | -€135,991 | €23,851 | ▲ 118% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.1m | €4.1m | €4.0m | €3.9m | €3.8m | ▼ 1.4% |
| Fixed assets21/28 | €3.3m | €4.1m | €3.9m | €3.9m | €3.8m | ▼ 1.3% |
| Tangible fixed assets22/27 | €3.3m | €4.1m | €3.9m | €3.9m | €3.8m | ▼ 1.2% |
| Land and buildings22 | €3.2m | €4.0m | €3.9m | €3.8m | €3.8m | ▼ 1.0% |
| Furniture and vehicles24 | - | - | €37,578 | €28,578 | €19,578 | ▼ 31.5% |
| Other tangible fixed assets26 | €138,751 | €138,751 | - | - | - | - |
| Financial fixed assets28 | - | €4,575 | €4,575 | €4,575 | - | - |
| Current assets29/58 | €817,340 | €10,255 | €29,407 | €25,530 | €19,720 | ▼ 22.8% |
| Amounts receivable within one year40/41 | €14,600 | €4,306 | €5,813 | €10,816 | €9,500 | ▼ 12.2% |
| Trade receivables40 | €13,500 | - | - | €2,693 | - | - |
| Other amounts receivable41 | €1,100 | €4,306 | €5,813 | €8,123 | €9,500 | ▲ 17.0% |
| Current investments50/53 | €792,565 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €10,175 | €3,206 | €20,255 | €11,191 | €6,642 | ▼ 40.6% |
| Deferred charges and accrued income490/1 | - | €2,743 | €3,339 | €3,523 | €3,578 | ▲ 1.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.1m | €4.1m | €4.0m | €3.9m | €3.8m | ▼ 1.4% |
| Equity10/15 | €1.3m | €1.1m | €774,111 | €638,121 | €661,972 | ▲ 3.7% |
| Contributions10/11 | €969,000 | €969,000 | €969,000 | €969,000 | €969,000 | = |
| Reserves13 | €322,006 | €322,006 | €322,006 | €322,006 | €322,006 | = |
| Non-distributable reserves130/1 | €12,840 | €12,840 | €12,840 | €12,840 | €2,708 | ▼ 78.9% |
| Reserves not available under the articles1311 | €12,840 | €12,840 | €12,840 | €12,840 | €2,708 | ▼ 78.9% |
| Distributable reserves133 | €309,166 | €309,166 | €309,166 | €309,166 | €319,298 | ▲ 3.3% |
| Profit (loss) carried forward14 | - | -€228,848 | -€516,895 | -€652,885 | -€629,034 | ▲ 3.7% |
| Amounts payable17/49 | €2.8m | €3.1m | €3.2m | €3.3m | €3.2m | ▼ 2.4% |
| Amounts payable after more than one year17 | €2.8m | €3.0m | €3.2m | €3.2m | €3.1m | ▼ 2.6% |
| Financial debts170/4 | €2.8m | €3.0m | €3.2m | €3.2m | €3.1m | ▼ 2.6% |
| Amounts payable within one year42/48 | €17,470 | €48,606 | €46,544 | €53,778 | €56,451 | ▲ 5.0% |
| Current portion of amounts payable after more than one year42 | - | €27,057 | €28,190 | €29,421 | €30,680 | ▲ 4.3% |
| Trade debts44 | €1,245 | €11,199 | €8,247 | €17,157 | €13,928 | ▼ 18.8% |
| Suppliers440/4 | €1,245 | €11,199 | €8,247 | €17,157 | €13,928 | ▼ 18.8% |
| Taxes, remuneration and social security45 | €16,225 | €10,349 | €10,108 | €7,200 | €11,843 | ▲ 64.5% |
| Taxes450/3 | €16,225 | €10,349 | €10,108 | €7,200 | €11,843 | ▲ 64.5% |
| Accrued charges and deferred income492/3 | €1,187 | €1,283 | €1,314 | €1,340 | €1,486 | ▲ 10.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €134,878 | -€228,848 | -€288,047 | -€135,991 | €23,851 | ▲ 118% |
| + Depreciation and write-downs630 | €44,599 | €178,954 | €187,310 | €77,018 | €80,506 | ▲ 4.5% |
| Operating cash flow (approximation) | €179,477 | -€49,894 | -€100,736 | -€58,972 | €104,358 | ▲ 277% |
| Investment in fixed assets (approximation) | - | -€1.0m | -€2,057 | €245 | -€30,425 | ▼ 12,527% |
| Change in cash | - | -€6,969 | €17,049 | -€9,064 | -€4,549 | ▲ 49.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Back to profitnet €23,851
Net result €23,851 after 3 loss-making years.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 25 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet -€288,047
Net result drops to -€288,047, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Back to profitnet €134,878
Net result €134,878 after one loss-making year.
31-12
Financial
Liquidity times 412current ratio 46.79
Current ratio from 0.11 to 46.79; short-term debt falls from €2.5m to €17,470.
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 16 days late
2020
04-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 35 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 1.64
Current ratio from 0.80 to 1.64; short-term debt falls from €984,567 to €313,852.
Show earlier events
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
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 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Knokke-Heist · 1 establishment unit since 2000
Ground area
103 m²
Building footprint
103 m²
Volume, LiDAR
1,958 m³
Parcel 31334B0295/00_000, Flanders · tallest building 22.9 m, ±6 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
C.P. PROJECTS
since 20002.099.712.082
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31334B0295/00_000 | Flanders | 103 m² | 1 · 103 m² | 22.9 m · 6 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded27-06-2000
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0472199859
Registered
24-02-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.