Skip to content

CAN PROJECTS

Active
Private limited companyfounded 20233 yrs activeMeuleschettestraat 86, 9300 Aalst, BelgiumKBO/BCE: BE 0803.712.801
Summary

The computed 12-month bankruptcy probability of CAN PROJECTS is 1.8% (moderate). The 2024 annual accounts show negative equity (-€10,466) and a net result of -€12,466. Its solvency ranks better than 5% of 11620 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability0
Solvency0
Growth-
Track record79
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.38; short-term debt: 196.6% and cash: 40% of total assets), and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024
Solvency, return and age of the figures
Solvency
-96.6%
Return on assets
-115.1%
Age of the figures
21 mo
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 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 · 1 filing
Deviation from the deadline
2024
68 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 68 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 7 July 2023, CAN PROJECTS was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
-€10,466
Total assets
€10,831
Net result
-€12,466
Working capital
-€13,226

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €10,831
Fixed assets €2,760
Current assets €8,071
Key figures and ratios
2024 value
EBITDA
-€9,807
Cash flow
-€12,270
Solvency
-96.6%
Current ratio
0.38
Debt to equity
-2.03
ROA
-115.1%
Interest coverage
-3.98
Debt
€21,297
Debt ≤ 1 year
€21,297

Peer companies

Historical observation

Of the 7,657 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.3% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.8% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 7,657 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
Filed annual accounts As filed with the NBB · 2024 · 32 lines
Balance sheet Code2024
Assets
Total assets20/58€10,831
Fixed assets21/28€2,760
Tangible fixed assets22/27€2,760
Other tangible fixed assets26€2,760
Current assets29/58€8,071
Amounts receivable within one year40/41€3,121
Trade receivables40€3,121
Cash at bank and in hand54/58€4,337
Deferred charges and accrued income490/1€613
Equity and liabilities
Total equity and liabilities10/49€10,831
Equity10/15-€10,466
Contributions10/11€2,000
Profit (loss) carried forward14-€12,466
Amounts payable17/49€21,297
Amounts payable within one year42/48€21,297
Current portion of amounts payable after more than one year42€5,398
Trade debts44€8,457
Suppliers440/4€8,457
Taxes, remuneration and social security45€2,334
Taxes450/3€2,334
Other amounts payable47/48€5,108
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€196
Other operating charges640/8€1,449
Non-recurring operating charges66A€5,623
Gross operating margin9900-€2,734
Operating profit (loss)9901-€10,003
Financial charges65/66B€2,463
Recurring financial charges65€2,463
Profit (loss) for the period before taxes9903-€12,466
Profit (loss) for the period9904-€12,466
Profit (loss) for the period to be appropriated9905-€12,466
Appropriation of the result
Profit (loss) to be appropriated9906-€12,466

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€196
Other operating charges640/8€1,449
Non-recurring operating charges66A€5,623
Gross operating margin9900-€2,734
Operating profit (loss)9901-€10,003
Financial charges65/66B€2,463
Recurring financial charges65€2,463
Profit (loss) for the period before taxes9903-€12,466
Profit (loss) for the period9904-€12,466
Profit (loss) for the period to be appropriated9905-€12,466
Line2024
Assets
Total assets20/58€10,831
Fixed assets21/28€2,760
Tangible fixed assets22/27€2,760
Other tangible fixed assets26€2,760
Current assets29/58€8,071
Amounts receivable within one year40/41€3,121
Trade receivables40€3,121
Cash at bank and in hand54/58€4,337
Deferred charges and accrued income490/1€613
Equity and liabilities
Total equity and liabilities10/49€10,831
Equity10/15-€10,466
Contributions10/11€2,000
Profit (loss) carried forward14-€12,466
Amounts payable17/49€21,297
Amounts payable within one year42/48€21,297
Current portion of amounts payable after more than one year42€5,398
Trade debts44€8,457
Suppliers440/4€8,457
Taxes, remuneration and social security45€2,334
Taxes450/3€2,334
Other amounts payable47/48€5,108
Line2024
Profit (loss) for the period9904-€12,466
+ Depreciation and write-downs630€196
Operating cash flow (approximation)-€12,270

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
07-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Aalst · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
202 m²
Building footprint
66 m²
Volume, LiDAR
628 m³
Parcel 41302C1122/00R002, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
CAN PROJECTS
Meuleschettestraat 86, 9300 AalstEngineering and related technical consultancy, excluding land surveyors
since 20232.346.919.948
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41302C1122/00R002 Flanders 202 m² 1 · 66 m² 11.8 m · 3 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

2023 to 2025 · 3 entries · 2,333 EUR awarded · 2,210 EUR paid
Year Entries awardedpaid
2025 1 276 EUR276 EUR
2024 1 1,817 EUR1,817 EUR
2023 1 240 EUR117 EUR
Schemes
3 entries · 2,333 EUR · 2,210 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

2 categories
CAN PROJECTS BV43061
category C2, class 1 · category P1, class 1
decision 08-09-2023

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded07-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
47910Intermediation services for non-specialised retail
71209Other technical testing and analysis
74999Other professional, scientific and technical activities
Contact
E-mail selcukcan94@hotmail.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803712801
Also 9925:BE0803712801
Registered 17-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.