C&S Projects Management
ActiveSummary
C&S Projects Management has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €344,811 and a net result of -€18,411. Equity is growing by ~9.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability38▼-11
Solvency44▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity tight (current ratio 1.4 against 2.01 in 2023; short-term debt: 39.4% and cash: 8.6% of total assets), and 81.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
18.7%
Return on assets
-1%
Age of the figures
21 mo
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
29 d late
2023
61 d late
2022
76 d early
2021
31 d late
2020
31 d late
2019
55 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 14 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed 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. Usually files around 29 August (4 of the last 5 filed years within 61 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, full schema, 2025 accounts filed, figures not processed yet
In the rankings
#3 company by total assets in Frasnes-lez-Anvaing, Construction sector#9 company by equity in Frasnes-lez-Anvaing, Construction sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€18,411
2023 · €32,331
Working capital
€292,934▼ 69.1%
2023 · €947,006
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€286,725▲ 64.8%€218,529▼ 23.8%€332,513▲ 52.2%€90,450▼ 72.8%€41,316▼ 54.3%
Net result€279,804above the sector's middle half▲ 60.5%€187,889above the sector's middle half▼ 32.8%€285,283above the sector's middle half▲ 51.8%€32,331within the sector's middle half▼ 88.7%-€18,411below the sector's middle half
Equity€245,245within the sector's middle half▲ 5.4%€298,379within the sector's middle half▲ 21.7%€358,836within the sector's middle half▲ 20.3%€364,840within the sector's middle half▲ 1.7%€344,811within the sector's middle half▼ 5.5%
Total assets€1.1mwithin the sector's middle half▲ 15.1%€1.2mwithin the sector's middle half▲ 10.1%€1.4mwithin the sector's middle half▲ 18.1%€2.3mabove the sector's middle half▲ 70.0%€1.8mwithin the sector's middle half▼ 20.8%
Debt€805,739▲ 18.5%€859,247▲ 6.6%€1.0m▲ 17.4%€2.0m▲ 94.3%€1.5m▼ 23.7%
Working capital€400,610above the sector's middle half▲ 28.3%€306,527within the sector's middle half▼ 23.5%€299,728within the sector's middle half▼ 2.2%€947,006above the sector's middle half▲ 216%€292,934within the sector's middle half▼ 69.1%
Solvency23.3%within the sector's middle half▼ 2.2pp25.8%within the sector's middle half▲ 2.4pp26.2%within the sector's middle half▲ 0.5pp15.7%below the sector's middle half▼ 10.5pp18.7%below the sector's middle half▲ 3.0pp
Current ratio1.88within the sector's middle half▲ 0.081.56within the sector's middle half▼ 0.311.39within the sector's middle half▼ 0.182.01within the sector's middle half▲ 0.621.40within the sector's middle half▼ 0.61
Return on assets (ROA)26.6%above the sector's middle half▲ 7.5pp16.2%above the sector's middle half▼ 10.4pp20.9%above the sector's middle half▲ 4.6pp1.4%within the sector's middle half▼ 19.5pp-1.0%below the sector's middle half▼ 2.4pp
Staff (FTE)13.6within the sector's middle half▲ 3.0%13within the sector's middle half▼ 4.4%12.6within the sector's middle half▼ 3.1%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 54% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.8m
Fixed assets
€821,555 ▲ 87.3%
Current assets
€1.0m ▼ 46.0%
Equity and liabilities €1.8m
Equity
€344,811 ▼ 5.5%
Debt
€1.5m ▼ 23.7%
Debt's share of the balance-sheet total falls from 84.3% to 81.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€154,607▲
2023 · €148,520
Cash flow
€94,881▲
2023 · €90,401
Quick ratio
0.28▼
2023 · 0.30
Debt to equity
4.34▼
2023 · 5.37
ROE
-5.3%▼
2023 · 8.9%
Interest coverage
2.50▼
2023 · 3.46
Debt ≤ 1 year
€725,771▼
2023 · €938,808
Debt > 1 year
€763,420▼
2023 · €1.0m
Income taxes
-€67▼
2023 · €17,262
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,423 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
1.0%
went bankrupt
2.2%
stopped otherwise
96%
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 1.2% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
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 1,423 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €545,971 | €648,013 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33,561 | €25,895 | €31,125 | €58,070 | €113,291 | ▲ 95.1% |
| Other operating charges640/8 | - | €12,305 | €6,494 | €3,854 | €8,240 | ▲ 114% |
| Gross operating margin9900 | €884,757 | €802,700 | €1.0m | €152,374 | €162,847 | ▲ 6.9% |
| Operating profit (loss)9901 | €286,725 | €218,529 | €332,513 | €90,450 | €41,316 | ▼ 54.3% |
| Financial income75/76B | - | €13,123 | €15,413 | €2,091 | €2,024 | ▼ 3.2% |
| Recurring financial income75 | €19,143 | €13,123 | €15,413 | €2,091 | €2,024 | ▼ 3.2% |
| Financial charges65/66B | - | €17,567 | €19,649 | €42,948 | €61,818 | ▲ 43.9% |
| Recurring financial charges65 | €15,034 | €17,567 | €19,649 | €42,948 | €61,818 | ▲ 43.9% |
| Profit (loss) for the period before taxes9903 | €290,833 | €214,085 | €328,278 | €49,593 | -€18,478 | ▼ 137% |
| Income taxes67/77 | €11,030 | €26,196 | €42,995 | €17,262 | -€67 | ▼ 100% |
| Profit (loss) for the period9904 | €279,804 | €187,889 | €285,283 | €32,331 | -€18,411 | ▼ 157% |
| Profit (loss) for the period to be appropriated9905 | €279,804 | €187,889 | €285,283 | €32,331 | -€18,411 | ▼ 157% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.2m | €1.4m | €2.3m | €1.8m | ▼ 20.8% |
| Fixed assets21/28 | €193,179 | €307,904 | €290,513 | €438,623 | €821,555 | ▲ 87.3% |
| Intangible fixed assets21 | €2,300 | - | €2,002 | €1,578 | €908 | ▼ 42.4% |
| Tangible fixed assets22/27 | €184,886 | €301,911 | €282,018 | €436,545 | €820,147 | ▲ 87.9% |
| Land and buildings22 | - | €263,783 | €246,375 | €421,610 | €801,705 | ▲ 90.2% |
| Plant, machinery and equipment23 | - | €32,011 | €33,643 | €14,935 | €11,098 | ▼ 25.7% |
| Furniture and vehicles24 | - | €4,210 | €1,358 | - | €7,344 | - |
| Other tangible fixed assets26 | - | €1,907 | €642 | - | - | - |
| Financial fixed assets28 | €5,993 | €5,993 | €6,493 | €500 | €500 | = |
| Current assets29/58 | €857,805 | €849,723 | €1.1m | €1.9m | €1.0m | ▼ 46.0% |
| Stocks and contracts in progress3 | €67,046 | €285,579 | €589,346 | €1.6m | €814,635 | ▼ 49.2% |
| Stocks30/36 | - | €285,579 | €589,346 | €1.6m | €814,635 | ▼ 49.2% |
| Amounts receivable within one year40/41 | €458,004 | €233,479 | €250,720 | €76,386 | €45,000 | ▼ 41.1% |
| Trade receivables40 | - | €202,197 | €181,986 | €47,589 | €20,000 | ▼ 58.0% |
| Other amounts receivable41 | - | €31,282 | €68,733 | €28,797 | €25,000 | ▼ 13.2% |
| Cash at bank and in hand54/58 | €332,755 | €330,664 | €236,982 | €206,431 | €159,070 | ▼ 22.9% |
| Deferred charges and accrued income490/1 | - | - | €21 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.2m | €1.4m | €2.3m | €1.8m | ▼ 20.8% |
| Equity10/15 | €245,245 | €298,379 | €358,836 | €364,840 | €344,811 | ▼ 5.5% |
| Contributions10/11 | - | €18,600 | €18,600 | €17,281 | €17,281 | = |
| Reserves13 | €63,620 | €111,509 | €173,585 | €193,605 | €193,605 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,728 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,728 | - | - |
| Tax-exempt reserves132 | - | €18,750 | €18,750 | €17,420 | €17,420 | = |
| Distributable reserves133 | - | €90,899 | €152,975 | €174,457 | €176,185 | ▲ 1.0% |
| Profit (loss) carried forward14 | €156,220 | €156,220 | €156,220 | €145,141 | €126,730 | ▼ 12.7% |
| Investment grants15 | - | €12,050 | €10,431 | €8,813 | €7,194 | ▼ 18.4% |
| Amounts payable17/49 | €805,739 | €859,247 | €1.0m | €2.0m | €1.5m | ▼ 23.7% |
| Amounts payable after more than one year17 | €337,381 | €310,274 | €193,168 | €1.0m | €763,420 | ▼ 25.1% |
| Financial debts170/4 | - | €310,274 | €193,168 | €1.0m | €763,420 | ▼ 25.1% |
| Amounts payable within one year42/48 | €457,194 | €543,196 | €777,341 | €938,808 | €725,771 | ▼ 22.7% |
| Current portion of amounts payable after more than one year42 | - | €70,202 | €54,716 | €68,361 | €63,263 | ▼ 7.5% |
| Financial debts43 | - | - | €102,327 | €265,000 | €265,000 | = |
| Credit institutions430/8 | - | - | €102,327 | €265,000 | €265,000 | = |
| Trade debts44 | €130,215 | €96,293 | €149,799 | €28,667 | €55,525 | ▲ 93.7% |
| Suppliers440/4 | - | €96,293 | €149,799 | €28,667 | €55,525 | ▲ 93.7% |
| Advances received on contracts in progress46 | - | €18,000 | €2,898 | - | - | - |
| Taxes, remuneration and social security45 | - | €18,700 | €34,394 | €70,966 | €109,948 | ▲ 54.9% |
| Taxes450/3 | - | €13,749 | €18,143 | €70,966 | €109,948 | ▲ 54.9% |
| Remuneration and social security454/9 | - | €4,951 | €16,250 | - | - | - |
| Other amounts payable47/48 | - | €340,000 | €433,207 | €505,813 | €232,036 | ▼ 54.1% |
| Accrued charges and deferred income492/3 | - | €5,777 | €38,236 | €1,250 | €6,258 | ▲ 401% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €279,804 | €187,889 | €285,283 | €32,331 | -€18,411 | ▼ 157% |
| + Depreciation and write-downs630 | €33,561 | €25,895 | €31,125 | €58,070 | €113,291 | ▲ 95.1% |
| Operating cash flow (approximation) | €313,364 | €213,784 | €316,408 | €90,401 | €94,881 | ▲ 5.0% |
| Investment in fixed assets (approximation) | - | -€140,620 | -€13,734 | -€206,180 | -€496,223 | ▼ 141% |
| Change in cash | - | -€2,091 | -€93,682 | -€30,551 | -€47,361 | ▼ 55.0% |
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
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet -€18,411
Net result drops to -€18,411, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
16-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €285,283 ▲51.8%
Operating result €332,513, net result €285,283, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 55 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
No directors read yet: 0 of 8 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Frasnes-lez-Anvaing · 1 establishment unit since 2008
Ground area
1,914 m²
Building footprint
457 m²
Parcel 51022D0410/00P000, Wallonia. Linked by address, not a title deed.
1 establishment unit
CONTRERAS PHILIPPE
since 20082.174.897.673
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51022D0410/00P000 | Wallonia | 1,914 m² | 1 · 457 m² | - |
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.
Structure & network
Owners and holdings
1 ownerChain of control
- Stocky Management
- C&S Projects Management
Highest known parent: Stocky Management. The sources do not say who stands above it.
Owners 1
- Stocky Managementparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Company details
Identification
Legal formPrivate limited company
Founded10-10-2008
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43410Roofing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0807003772
Registered
26-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.