Castor Projects
ActiveThe computed 12-month bankruptcy probability of Castor Projects is 1.6% (moderate). The 2025 annual accounts show equity of €39k and a net result of €12k. Equity is growing by ~22% per year across the filed fiscal years. Its solvency ranks better than 15% of 10230 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
71
/ 100
Healthy▲ +20 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+13
Solvency16▲+2
Growth78=
Stability100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.08 against 0.97 in 2024), and 95.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
4.3%
Return on assets
1.3%
Age of the figures
14 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 10230 sector peers (2025).
NBB · sector comparisonPosition among 10230 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-01-2026, 24 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
24 d early
2024
7 d early
2023
19 d early
2022
8 d early
2021
on the day
2020
5 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close13-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€39k▲ 46.0%
2024 · €26k
2020: €20k
2021: €10k
2022: €19k
2023: €22k
2024: €26k
2020 → 2025
Total assets
€902k▲ 70.1%
2024 · €530k
2020: €392k
2021: €424k
2022: €391k
2023: €444k
2024: €530k
2020 → 2025
Net result
€12k▲ 164%
2024 · €5k
2020: €-5k
2021: €-10k
2022: €9k
2023: €3k
2024: €5k
2020 → 2025
Working capital
€67k
2024 · €-17k
2020: €-60k
2021: €-67k
2022: €-40k
2023: €-30k
2024: €-17k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€19k▲ 87.5%€22k▲ 13.0%€26k▲ 21.1%€39k▲ 46.0%
Operating result€-13k-€-1k▲ 91.6%€6k€-8k€22k
Net result€-10k-€9k€3k▼ 72.1%€5k▲ 83.0%€12k▲ 164%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €22k after a loss of €8k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €902k
Fixed assets
€35k▼ 20.4%
Current assets
€867k▲ 78.2%
Equity and liabilities €902k
Equity
€39k▲ 46.0%
Provisions
€13k
Debt
€850k▲ 68.9%
The debt ratio falls from 95.0% to 94.3%: equity grows faster than debt.
Key figures and ratios
EBITDA
€31k▲
2024 · €2k
Cash flow
€21k▲
2024 · €14k
Solvency
4.3%▼
2024 · 5.0%
Current ratio
1.08▲
2024 · 0.97
Quick ratio
0.91▲
2024 · 0.73
Debt / equity
22.04▲
2024 · 19.06
ROE
31.5%▲
2024 · 17.4%
ROA
1.3%▲
2024 · 0.9%
Interest coverage
13.33▲
2024 · 1.52
Debt
€850k▲
2024 · €504k
Debt ≤ 1 year
€800k▲
2024 · €504k
Income taxes
€8k▲
2024 · €-7
Staff costs
€118k▲
2024 · €52k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€530k€902k▲
Fixed assets21/28€44k€35k▼
Intangible fixed assets21€43k€35k▼
Tangible fixed assets22/27€904€0▼
Furniture and vehicles24€904€0▼
Current assets29/58€486k€867k▲
Stocks and contracts in progress3€117k€142k▲
Stocks30/36€117k€142k▲
Amounts receivable within one year40/41€289k€483k▲
Trade receivables40€198k€24k▼
Other amounts receivable41€92k€460k▲
Cash at bank and in hand54/58€76k€239k▲
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€530k€902k▲
Equity10/15€26k€39k▲
Contributions10/11€25k€25k=
Profit (loss) carried forward14€1k€14k▲
Provisions and deferred taxes16-€13k
Provisions for liabilities and charges160/5-€13k
Environmental obligations163-€13k
Amounts payable17/49€504k€850k▲
Amounts payable within one year42/48€504k€800k▲
Trade debts44€292k€603k▲
Suppliers440/4€292k€603k▲
Advances received on contracts in progress46€201k€181k▼
Taxes, remuneration and social security45€11k€16k▲
Taxes450/3€6k€14k▲
Remuneration and social security454/9€5k€2k▼
Accrued charges and deferred income492/3€0€50k▲
Income statement
Code20242025
Non-recurring operating income76A-€1k
Remuneration, social security and pensions62€52k€118k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€13k
Other operating charges640/8€1k€1k▲
Gross operating margin9900€55k€163k▲
Operating profit (loss)9901€-8k€22k▲
Financial income75/76B€14k€0▼
Recurring financial income75€14k€0▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€5k€20k▲
Income taxes67/77€-7€8k▲
Profit (loss) for the period9904€5k€12k▲
Profit (loss) for the period to be appropriated9905€5k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€14k▲
Profit (loss) brought forward from the previous period14P€-3k€1k▲
Social balance
Average headcount (FTE)90870.01.3▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Highest result since 2020net €12k ▲164%
Operating result €22k, net result €12k, both a record.
24-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Wijnegem · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rode Dreef 162110 WijnegemGround area
3,078 m²
Building footprint
3,807 m²
Volume, LiDAR
27,082 m³
2 parcels, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Castor Projects
since 20192.295.845.884
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050B0293/00D003 | Flanders | 2,018 m² | 1 · 171 m² | 8.2 m · 1 fl. |
| 13453O0904/00F011 | Flanders | 1,061 m² | 1 · 3,636 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 to 2024 · 2 entries · 5,272 EUR awarded · 5,272 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 3,272 EUR | 3,272 EUR |
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Hinderpremie bij openbare werken
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Of 2,589 companies in sector 47551 we hold annual accounts for 1,702. 1,108 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-11-2019
Fiscal year end30-06
Activities, NACEBEL
47551Retail sale of household furniture
47591Retail trade
46150Agents in the wholesale of furniture, household goods and hardware
46471Wholesale trade
46472Wholesale trade
46650Wholesale trade
47400Retail sale of information and communication equipment
47410Retail trade
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.