C-PROJECTS
ActiveSummary
C-PROJECTS has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €141k and a net result of €-6k. Equity is growing by ~21.7% per year across the filed fiscal years. Its solvency ranks better than 87% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability28=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 6.34; short-term debt: 15.8% and cash: 0.1% of total assets), and 15.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
84.2%
Return on assets
-3.8%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-6k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
29 d late
2022
28 d late
2021
37 d early
2020
36 d early
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€141k▼ 4.3%
2023 · €147k
2018: €-6k
2019: €-16k▼ -175% vs 2018
2020: €-25k▼ -55.6% vs 2019lowest in 7 years
2021: €188k▲ +864% vs 2020highest in 7 years
2022: €153k▼ -18.7% vs 2021
2023: €147k▼ -3.6% vs 2022
2024: €141k▼ -4.3% vs 2023
2018 → 2024
Total assets
€167k▲ 12.9%
2023 · €148k
2018: €124klowest in 7 years
2019: €717k▲ +478% vs 2018
2020: €756k▲ +5.4% vs 2019highest in 7 years
2021: €259k▼ -65.7% vs 2020
2022: €155k▼ -40.3% vs 2021
2023: €148k▼ -4.4% vs 2022
2024: €167k▲ +12.9% vs 2023
2018 → 2024
Net result
€-6k▼ 15.6%
2023 · €-5k
2018: €-3k
2019: €-10k▼ -193% vs 2018
2020: €-9k▲ +12.7% vs 2019
2021: €400k▲ +4660% vs 2020highest in 7 years
2022: €-35k▼ -109% vs 2021lowest in 7 years
2023: €-5k▲ +84.3% vs 2022
2024: €-6k▼ -15.6% vs 2023
2018 → 2024
Working capital
€141k▼ 4.3%
2023 · €147k
2018: €42klowest in 7 years
2019: €556k▲ +1215% vs 2018highest in 7 years
2020: €489k▼ -12.0% vs 2019
2021: €237k▼ -51.5% vs 2020
2022: €153k▼ -35.7% vs 2021
2023: €147k▼ -3.6% vs 2022
2024: €141k▼ -4.3% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-25k-€188k€153k▼ 18.7%€147k▼ 3.6%€141k▼ 4.3%
2020: €-25klowest in 5 years
2021: €188k▲ +864% vs 2020highest in 5 years
2022: €153k▼ -18.7% vs 2021
2023: €147k▼ -3.6% vs 2022
2024: €141k▼ -4.3% vs 2023
Operating result€-6k-€528k€-35k€-5k▲ 84.9%€-6k▼ 16.1%
2020: €-6k
2021: €528k▲ +8620% vs 2020highest in 5 years
2022: €-35k▼ -107% vs 2021lowest in 5 years
2023: €-5k▲ +84.9% vs 2022
2024: €-6k▼ -16.1% vs 2023
Net result€-9k-€400k€-35k€-5k▲ 84.3%€-6k▼ 15.6%
2020: €-9k
2021: €400k▲ +4660% vs 2020highest in 5 years
2022: €-35k▼ -109% vs 2021lowest in 5 years
2023: €-5k▲ +84.3% vs 2022
2024: €-6k▼ -15.6% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2024 against €5k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €167k
Equity
€141k ▼ 4.3%
Debt
€26k ▲ 2,746%
Debt's share of the balance-sheet total rises from 0.6% to 15.8%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
6.34
Quick ratio
4.13▼
2023 · 96.82
Debt to equity
0.19▲
2023 · 0.01
ROE
-4.5%▼
2023 · -3.7%
ROA
-3.8%▼
2023 · -3.7%
Debt ≤ 1 year
€26k▲
2023 · €927
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines
Balance sheet
Code20232024
Assets
Total assets20/58€148k€167k▲
Current assets29/58€148k€167k▲
Stocks and contracts in progress3€58k€58k=
Stocks30/36€58k€58k=
Amounts receivable within one year40/41€18k€109k▲
Trade receivables40€353€0▼
Other amounts receivable41€18k€109k▲
Cash at bank and in hand54/58€72k€119▼
Equity and liabilities
Total equity and liabilities10/49€148k€167k▲
Equity10/15€147k€141k▼
Contributions10/11€19k€19k=
Reserves13€169k€169k=
Distributable reserves133€169k€169k=
Profit (loss) carried forward14€-41k€-47k▼
Amounts payable17/49€927€26k▲
Amounts payable within one year42/48€927€26k▲
Trade debts44€625€387▼
Suppliers440/4€625€387▼
Advances received on contracts in progress46€300€300=
Taxes, remuneration and social security45€2€0▼
Taxes450/3€2€0▼
Other amounts payable47/48-€26k
Income statement
Code20232024
Other operating charges640/8€384€460▲
Non-recurring operating charges66A€-1k€32▲
Gross operating margin9900€-6k€-6k▲
Operating profit (loss)9901€-5k€-6k▼
Financial income75/76B€26€36▲
Recurring financial income75€26€36▲
Financial charges65/66B€259€276▲
Recurring financial charges65€259€276▲
Profit (loss) for the period before taxes9903€-5k€-6k▼
Profit (loss) for the period9904€-5k€-6k▼
Profit (loss) for the period to be appropriated9905€-5k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-41k€-47k▼
Profit (loss) brought forward from the previous period14P€-35k€-41k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €559 | €379 | €379 | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €194 | - | - | - | - |
| Other operating charges640/8 | - | €917 | €920 | €384 | €460 | ▲ 19.6% |
| Non-recurring operating charges66A | - | - | €482 | €-1k | €32 | ▲ 102% |
| Gross operating margin9900 | €-5k | €529k | €-33k | €-6k | €-6k | ▲ 9.5% |
| Operating profit (loss)9901 | €-6k | €528k | €-35k | €-5k | €-6k | ▼ 16.1% |
| Financial income75/76B | - | €3k | - | €26 | €36 | ▲ 41.3% |
| Recurring financial income75 | €1k | €3k | - | €26 | €36 | ▲ 41.3% |
| Financial charges65/66B | - | €16k | €123 | €259 | €276 | ▲ 6.6% |
| Recurring financial charges65 | €4k | €16k | €123 | €259 | €276 | ▲ 6.6% |
| Profit (loss) for the period before taxes9903 | €-9k | €515k | €-35k | €-5k | €-6k | ▼ 15.6% |
| Income taxes67/77 | - | €115k | - | - | - | - |
| Profit (loss) for the period9904 | €-9k | €400k | €-35k | €-5k | €-6k | ▼ 15.6% |
| Profit (loss) for the period to be appropriated9905 | €-9k | €400k | €-35k | €-5k | €-6k | ▼ 15.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €756k | €259k | €155k | €148k | €167k | ▲ 12.9% |
| Fixed assets21/28 | €757 | €379 | - | - | - | - |
| Intangible fixed assets21 | €757 | €379 | - | - | - | - |
| Current assets29/58 | €755k | €259k | €155k | €148k | €167k | ▲ 12.9% |
| Stocks and contracts in progress3 | €324k | €28k | €78k | €58k | €58k | = |
| Stocks30/36 | - | €28k | €78k | €58k | €58k | = |
| Amounts receivable within one year40/41 | €31k | €81k | €13k | €18k | €109k | ▲ 499% |
| Trade receivables40 | - | €39k | €73 | €353 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €42k | €12k | €18k | €109k | ▲ 511% |
| Cash at bank and in hand54/58 | €401k | €150k | €64k | €72k | €119 | ▼ 99.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €756k | €259k | €155k | €148k | €167k | ▲ 12.9% |
| Equity10/15 | €-25k | €188k | €153k | €147k | €141k | ▼ 4.3% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €28k | €169k | €169k | €169k | €169k | = |
| Non-distributable reserves130/1 | - | €1k | - | - | - | - |
| Reserves not available under the articles1311 | - | €1k | - | - | - | - |
| Distributable reserves133 | - | €168k | €169k | €169k | €169k | = |
| Profit (loss) carried forward14 | €-59k | €0 | €-35k | €-41k | €-47k | ▼ 15.7% |
| Amounts payable17/49 | €781k | €71k | €2k | €927 | €26k | ▲ 2,746% |
| Amounts payable after more than one year17 | €502k | €50k | - | - | - | - |
| Financial debts170/4 | - | €50k | - | - | - | - |
| Other amounts payable178/9 | - | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €266k | €21k | €2k | €927 | €26k | ▲ 2,746% |
| Trade debts44 | €100k | €11k | €2k | €625 | €387 | ▼ 38.0% |
| Suppliers440/4 | - | €11k | €2k | €625 | €387 | ▼ 38.0% |
| Advances received on contracts in progress46 | - | €500 | - | €300 | €300 | = |
| Taxes, remuneration and social security45 | - | €9k | - | €2 | €0 | ▼ 100% |
| Taxes450/3 | - | €9k | - | €2 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €1k | - | - | €26k | - |
| Accrued charges and deferred income492/3 | - | €0 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-9k | €400k | €-35k | €-5k | €-6k | ▼ 15.6% |
| + Depreciation and write-downs630 | €559 | €379 | €379 | - | - | - |
| Operating cash flow (approximation) | €-8k | €400k | €-35k | €-5k | €-6k | ▼ 15.6% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - |
| Change in cash | - | €-251k | €-85k | €7k | €-71k | ▼ 1,099% |
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
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 159.80
Current ratio from 71.58 to 159.80; short-term debt falls from €2k to €927.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Weakest financial yearnet €-35k
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 6current ratio 71.58
Current ratio from 12.08 to 71.58; short-term debt falls from €21k to €2k.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €400k
Net result €400k after 3 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 12.08
Current ratio from 2.84 to 12.08; short-term debt falls from €266k to €21k.
31-12
Financial
Equity above €150kEq €188k
Equity rises from €-25k to €188k.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Liquidity triplescurrent ratio 4.49
Current ratio from 1.53 to 4.49.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Pajottegem · 1 establishment unit since 2015
Ground area
964 m²
Building footprint
139 m²
Volume, LiDAR
932 m³
Parcel 23031B0005/00E000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Veldwachterstraat 5C, 1540 Pajottegem
since 20152.246.743.395
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23031B0005/00E000 | Flanders | 964 m² | 1 · 139 m² | 8.7 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 855 EUR awarded · 855 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 855 EUR | 855 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
ARAGONIA
BE 0841.355.135
Antwerpen · Eq €140,725
PEIROUN
BE 0713.808.944
Putte · Eq €140,713
De Notelaar Vastgoed
BE 0839.162.242
Rijkevorsel · Eq €140,597
SILVERLINE DEVELOPMENT
BE 0687.534.416
Brasschaat · Eq €140,578
Beletage
BE 0673.515.540
Lommel · Eq €141,037
Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 5,353 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-10-2015
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
Scores and ratios are computed by Checked and are not a credit decision.