C3 ProJects
ActiveSummary
The computed 12-month bankruptcy probability of C3 ProJects is 2.6% (moderate). The 2024 annual accounts show equity of €33k and a net result of €20k. Equity is growing by ~81.3% per year across the filed fiscal years. Its solvency ranks better than 52% of 9982 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability71▲+11
Solvency69▲+42
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.02 in 2023; short-term debt: 29.1% and cash: 9.6% of total assets), and 56% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more 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
44%
Return on assets
27.1%
Age of the figures
21 mo
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 31-07-2025, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
42 d early
2022
32 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€33k▲ 160%
2023 · €13k
2022: €12klowest in 3 years
2023: €13k▲ +2.8% vs 2022
2024: €33k▲ +160% vs 2023highest in 3 years
2022 → 2024
Total assets
€74k▼ 89.3%
2023 · €694k
2022: €18klowest in 3 years
2023: €694k▲ +3697% vs 2022highest in 3 years
2024: €74k▼ -89.3% vs 2023
2022 → 2024
Net result
€20k▲ 5,796%
2023 · €339
2022: €2k
2023: €339▼ -84.4% vs 2022lowest in 3 years
2024: €20k▲ +5796% vs 2023highest in 3 years
2022 → 2024
Working capital
€6k▼ 50.8%
2023 · €12k
2022: €11k
2023: €12k▲ +5.2% vs 2022highest in 3 years
2024: €6k▼ -50.8% vs 2023lowest in 3 years
2022 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€12k-€13k▲ 2.8%€33k▲ 160%
2022: €12klowest in 3 years
2023: €13k▲ +2.8% vs 2022
2024: €33k▲ +160% vs 2023highest in 3 years
Operating result€3k-€1k▼ 54.1%€44k▲ 3,464%
2022: €3k
2023: €1k▼ -54.1% vs 2022lowest in 3 years
2024: €44k▲ +3464% vs 2023highest in 3 years
Net result€2k-€339▼ 84.4%€20k▲ 5,796%
2022: €2k
2023: €339▼ -84.4% vs 2022lowest in 3 years
2024: €20k▲ +5796% vs 2023highest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 3,464% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €74k
Fixed assets
€47k ▲ 8,383%
Current assets
€27k ▼ 96.1%
Equity and liabilities €74k
Equity
€33k ▲ 160%
Debt
€41k ▼ 93.9%
Debt's share of the balance-sheet total falls from 98.2% to 56.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€45k▲
2023 · €1k
Cash flow
€22k▲
2023 · €593
Current ratio
1.27▲
2023 · 1.02
Debt to equity
1.27▼
2023 · 54.48
ROE
61.5%▲
2023 · 2.7%
ROA
27.1%▲
2023 · 0.0%
Interest coverage
2.55▼
2023 · 4.88
Debt ≤ 1 year
€21k▼
2023 · €681k
Debt > 1 year
€20k
Income taxes
€6k▲
2023 · €583
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 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€694k€74k▼
Fixed assets21/28€549€47k▲
Tangible fixed assets22/27€494€46k▲
Plant, machinery and equipment23€494€887▲
Furniture and vehicles24-€46k
Financial fixed assets28€55€55=
Current assets29/58€693k€27k▼
Stocks and contracts in progress3€681k-
Stocks30/36€681k-
Amounts receivable within one year40/41€10k€20k▲
Trade receivables40€233€1k▲
Other amounts receivable41€10k€19k▲
Cash at bank and in hand54/58€2k€7k▲
Equity and liabilities
Total equity and liabilities10/49€694k€74k▼
Equity10/15€13k€33k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€3k€23k▲
Amounts payable17/49€681k€41k▼
Amounts payable after more than one year17-€20k
Financial debts170/4-€20k
Amounts payable within one year42/48€681k€21k▼
Current portion of amounts payable after more than one year42€500k€10k▼
Trade debts44€7k€5k▼
Suppliers440/4€7k€5k▼
Taxes, remuneration and social security45€1k€6k▲
Taxes450/3€1k€6k▲
Other amounts payable47/48€173k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€253€2k▲
Other operating charges640/8€576€118▼
Gross operating margin9900€2k€45k▲
Operating profit (loss)9901€1k€44k▲
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€303€18k▲
Recurring financial charges65€303€18k▲
Profit (loss) for the period before taxes9903€922€26k▲
Income taxes67/77€583€6k▲
Profit (loss) for the period9904€339€20k▲
Profit (loss) for the period to be appropriated9905€339€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€23k▲
Profit (loss) brought forward from the previous period14P€2k€3k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13 | €253 | €2k | ▲ 549% |
| Other operating charges640/8 | - | €576 | €118 | ▼ 79.5% |
| Gross operating margin9900 | €3k | €2k | €45k | ▲ 2,111% |
| Operating profit (loss)9901 | €3k | €1k | €44k | ▲ 3,464% |
| Financial income75/76B | - | €0 | €1 | ▲ 4,100% |
| Recurring financial income75 | - | €0 | €1 | ▲ 4,100% |
| Financial charges65/66B | - | €303 | €18k | ▲ 5,776% |
| Recurring financial charges65 | - | €303 | €18k | ▲ 5,776% |
| Profit (loss) for the period before taxes9903 | €3k | €922 | €26k | ▲ 2,705% |
| Income taxes67/77 | €502 | €583 | €6k | ▲ 906% |
| Profit (loss) for the period9904 | €2k | €339 | €20k | ▲ 5,796% |
| Profit (loss) for the period to be appropriated9905 | €2k | €339 | €20k | ▲ 5,796% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €18k | €694k | €74k | ▼ 89.3% |
| Fixed assets21/28 | €802 | €549 | €47k | ▲ 8,383% |
| Tangible fixed assets22/27 | €747 | €494 | €46k | ▲ 9,317% |
| Plant, machinery and equipment23 | €747 | €494 | €887 | ▲ 79.6% |
| Furniture and vehicles24 | - | - | €46k | - |
| Financial fixed assets28 | €55 | €55 | €55 | = |
| Current assets29/58 | €17k | €693k | €27k | ▼ 96.1% |
| Stocks and contracts in progress3 | - | €681k | - | - |
| Stocks30/36 | - | €681k | - | - |
| Amounts receivable within one year40/41 | €8k | €10k | €20k | ▲ 97.3% |
| Trade receivables40 | €6k | €233 | €1k | ▲ 354% |
| Other amounts receivable41 | €2k | €10k | €19k | ▲ 91.3% |
| Cash at bank and in hand54/58 | €10k | €2k | €7k | ▲ 186% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €18k | €694k | €74k | ▼ 89.3% |
| Equity10/15 | €12k | €13k | €33k | ▲ 160% |
| Contributions10/11 | €10k | €10k | €10k | = |
| Profit (loss) carried forward14 | €2k | €3k | €23k | ▲ 798% |
| Amounts payable17/49 | €6k | €681k | €41k | ▼ 93.9% |
| Amounts payable after more than one year17 | - | - | €20k | - |
| Financial debts170/4 | - | - | €20k | - |
| Amounts payable within one year42/48 | €6k | €681k | €21k | ▼ 96.8% |
| Current portion of amounts payable after more than one year42 | - | €500k | €10k | ▼ 97.9% |
| Trade debts44 | €6k | €7k | €5k | ▼ 25.6% |
| Suppliers440/4 | €6k | €7k | €5k | ▼ 25.6% |
| Taxes, remuneration and social security45 | €502 | €1k | €6k | ▲ 441% |
| Taxes450/3 | €502 | €1k | €6k | ▲ 441% |
| Other amounts payable47/48 | - | €173k | - | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €339 | €20k | ▲ 5,796% |
| + Depreciation and write-downs630 | €13 | €253 | €2k | ▲ 549% |
| Operating cash flow (approximation) | €2k | €593 | €22k | ▲ 3,553% |
| Investment in fixed assets (approximation) | - | €0 | €-48k | - |
| Change in cash | - | €-7k | €5k | ▲ 165% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €20k ▲5,796%
Operating result €44k, net result €20k, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €339 ▼84.4%
Net result drops to €339, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Hove · 1 establishment unit since 2022
Ground area
880 m²
Building footprint
150 m²
Volume, LiDAR
901 m³
Parcel 11021A0278/00A002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
C3 ProJects
since 20222.338.915.963
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021A0278/00A002 | Flanders | 880 m² | 1 · 150 m² | 8.9 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.
Similar companies · same sector, comparable size
CR DESIGN
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AVANTAGE INVEST
BE 0755.875.171
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D.S RESTORE
BE 1017.953.434
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BOUWWERKEN GEYSKENS - KEIM
BE 0543.776.951
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SUBLIMINAL RENOVATION
BE 0772.813.351
Sint-Genesius-Rode · Eq €32,508
Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 12,551 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
Founded29-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Contact
E-mail
robin.van.mierlo@skynet.be
Scores and ratios are computed by Checked and are not a credit decision.