C-Projects
ActiveSummary
C-Projects has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,343 and a net result of -€11,104. Equity has been growing by about 9.1% per year since 2021. Its solvency ranks better than 24% of 17,119 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 14-07-2020 Normal situation
- Activity
- Real estate agency activities NACE 68310and 1 other
- Establishment unit
- 2.305.801.252 9660 Brakel, since 14-07-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 09-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- -€6,935
- Loss
- €11,104
- Equity
- €18,343
- ▼ 37.7%
- Total assets
- €765,606
- ▲ 17×
- 2025 accounts filed 26 days after the deadline
Score breakdownraises risk1 change of registered office in 24 monthsEquity €18,343 (2.4% of total assets)lowers riskSize: total assets €765,606Sector: Real estate activities (NACE 68)Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 23% of them on solvency, 10% on liquidity, 29% on profitability and 14% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
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.
Signals
The company filed its last 5 accounts on average 10 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 26 days after the deadline Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00428209.
Annual accounts 2025 filed on 26-08-2026 at the NBB all 5 filings
2021 to 2025, 5 financial years
The operating result for 2025 is a loss of €8,260, after a profit of €5,884 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Comparable companies
These companies have the same main activity as C-Projects: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €522,000 and €906,000, founded between 2019 and 2021.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| C-Projects Brakel | 2020 | €0.8m | €0.02m | -€0.007m | -€0.01m | 2025 |
| BESA INVEST Kaprijke | 2020 | €0.9m | €0.06m | -€0.005m | -€0.02m | 2025 |
| RUBANO Gent | 2020 | €0.6m | -€1.0m | -€0.03m | -€0.1m | 2025 |
| EMSEB Hasselt | 2019 | €0.8m | €0.7m | -€0.01m | €200 | 2025 |
| KOUTERS Gent | 2021 | €0.5m | €0.03m | -€0.002m | -€0.003m | 2025 |
| IMMO M.V. CONCEPT Courcelles | 2019 | €0.6m | -€0.3m | -€0.005m | -€0.04m | 2025 |
| UrbanHomes Ukkel | 2021 | €0.6m | €0.1m | €0.001m | -€0.01m | 2025 |
They were chosen from the 7,156 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 819 companies had the same profile as C-Projects has now. Two years later, 1.8% had gone bankrupt and 94.7% were still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of C-Projects itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 819 companies, not a prediction for C-Projects. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €770 | €469 | €516 | €626 | €1,325 | ▲ 112% |
| Gross operating margin9900 | -€8,398 | €19,688 | €1,169 | €6,509 | -€6,935 | - |
| Operating profit (loss)9901 | -€9,168 | €19,218 | €653 | €5,884 | -€8,260 | - |
| Financial income75/76B | - | - | €17 | - | €0 | - |
| Recurring financial income75 | - | - | €17 | - | €0 | - |
| Financial charges65/66B | €123 | €195 | €318 | €233 | €2,844 | ▲ 12× |
| Recurring financial charges65 | €123 | €195 | €318 | €233 | €2,844 | ▲ 12× |
| Profit (loss) for the period before taxes9903 | -€9,291 | €19,023 | €352 | €5,651 | -€11,104 | - |
| Income taxes67/77 | - | €2,595 | €70 | €1,622 | - | - |
| Profit (loss) for the period9904 | -€9,291 | €16,428 | €282 | €4,028 | -€11,104 | - |
| Profit (loss) for the period to be appropriated9905 | -€9,291 | €16,428 | €282 | €4,028 | -€11,104 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €11,028 | €30,135 | €28,957 | €45,971 | €765,606 | ▲ 17× |
| Current assets29/58 | €11,028 | €30,135 | €28,957 | €45,971 | €765,606 | ▲ 17× |
| Stocks and contracts in progress3 | - | - | - | - | €564,903 | - |
| Stocks30/36 | - | - | - | - | €564,903 | - |
| Amounts receivable within one year40/41 | €1,112 | €2,987 | €7,345 | €11,624 | €145,317 | ▲ 13× |
| Trade receivables40 | - | €2,118 | €3,789 | €11,624 | €135,705 | ▲ 12× |
| Other amounts receivable41 | €1,112 | €869 | €3,555 | - | €9,612 | - |
| Cash at bank and in hand54/58 | €9,916 | €27,048 | €21,612 | €34,347 | €55,386 | ▲ 61.3% |
| Deferred charges and accrued income490/1 | - | €100 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €11,028 | €30,135 | €28,957 | €45,971 | €765,606 | ▲ 17× |
| Equity10/15 | €8,709 | €25,137 | €25,418 | €29,447 | €18,343 | ▼ 37.7% |
| Contributions10/11 | €18,000 | €18,000 | €18,000 | €18,000 | €18,000 | = |
| Profit (loss) carried forward14 | -€9,291 | €7,137 | €7,418 | €11,447 | €343 | ▼ 97.0% |
| Amounts payable17/49 | €2,320 | €4,998 | €3,539 | €16,525 | €747,263 | ▲ 45× |
| Amounts payable within one year42/48 | €2,320 | €4,998 | €3,539 | €16,344 | €746,916 | ▲ 46× |
| Financial debts43 | - | - | - | - | €274,920 | - |
| Credit institutions430/8 | - | - | - | - | €274,920 | - |
| Trade debts44 | €2,320 | €1,355 | €111 | €1,299 | €130,858 | ▲ 101× |
| Suppliers440/4 | €2,320 | €1,355 | €111 | €1,299 | €130,858 | ▲ 101× |
| Advances received on contracts in progress46 | - | €1,048 | €333 | - | - | - |
| Taxes, remuneration and social security45 | - | €2,595 | €3,095 | €2,402 | €1,622 | ▼ 32.5% |
| Taxes450/3 | - | €2,595 | €3,095 | €2,402 | €1,622 | ▼ 32.5% |
| Other amounts payable47/48 | - | - | - | €12,643 | €339,515 | ▲ 27× |
| Accrued charges and deferred income492/3 | - | - | - | €181 | €347 | ▲ 92.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,291 | €16,428 | €282 | €4,028 | -€11,104 | - |
| Operating cash flow (approximation) | -€9,291 | €16,428 | €282 | €4,028 | -€11,104 | - |
| Change in cash | - | €17,131 | -€5,435 | €12,735 | €21,039 | ▲ 65.2% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-08-2026 | 2026-00428209 | NBB |
| 31-12-2024 | micro format | 22-08-2025 | 2025-00392169 | |
| 31-12-2023 | micro format | 20-08-2024 | 2024-00352213 | |
| 31-12-2022 | micro format | 26-07-2023 | 2023-00271713 | |
| 31-12-2021 | micro format | 19-07-2022 | 2022-20213221 |
Board & ownership
Directors
Owners and capital
Owners
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Carion Eline |
|
| Carion Katty |
|
| YELLOOW |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft koper(s) naar evenredigheid aantal aandelen, zelfde formaliteiten voor erfgenamen en legatarissen die niet van…”
Articles of association, deed of 07-09-2023 (in Dutch)
Network & group
C-Projects shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of C-Projects. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
18-05
Gazette deed
Registered office · PurposePurpose change · Registered-office move · Power of attorney6 points ▸
- General meeting, 06-05-2026
- Purpose change
- Other provision, “bestuursorgaanverslagvoorwerpwijziging, omstandigeverantwoordingvandegeplandewijziging” (deed in Dutch)
- Registered-office move, 9660 Brakel,Fayte 55/A
- Power of attorney, LienDeBorre
- Registered office clause, “9660 Brakel,Fayte 55/A” (deed in Dutch)
07-09
Gazette deed
Purpose · Amendment of the articles · NameName change · Purpose change · Transfer restriction6 points ▸
- General meeting, 24-08-2023
- Name change, C-Projects
- Purpose change
- Amendment of the articles, 7
- Transfer restriction, “helft overdrager,helft koper(s) naar evenredigheid aantal aandelen, zelfde formaliteiten voor erfgenamen en legatarissen die niet van rechtswege aandeelhouder w…” (deed in Dutch)
- Power of attorney, Lien De Borre
07-08
Gazette deed
Resignation: Yelloow BV (director)Appointment: Carion Eline (director)8 points ▸
- General meeting, 17-07-2023
- Other provision, “voorzitter, samenstelling vergadering” (deed in Dutch)
- Other provision, “agenda, Ontslag en benoeming bestuurders” (deed in Dutch)
- Director resignation, Yelloow BV (director)
- Other provision, “bestuurder, vertegenwoordiging” (deed in Dutch), mentioned 2 times in the deed
- Director appointment, Carion Eline (director)
- Other provision, “geen verbodsbepalingen, niet getroffen door verbodsbepalingen” (deed in Dutch)
- Other provision, “vergadersluiting, geen verdere punten op agenda” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 45012A1319/00T000 | Flanders | 1,238 m² | 1 · 112 m² | 8.4 m · 2 |