CBO PROJECTS
ActiveSummary
CBO PROJECTS has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €276k and a net result of €80k. Equity is growing by ~32.1% per year across the filed fiscal years. Its solvency ranks better than 88% of 9518 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2024
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 7.72 against 3.45 in 2023; short-term debt: 11.6% and cash: 37.4% of total assets), and 12.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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 2024Solvency, return and age of the figures
Solvency
87.8%
Return on assets
25.4%
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 17-06-2025, 44 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
29 d late
2022
18 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€276k▲ 30.7%
2023 · €211k
2022: €140k
2023: €211k
2022 → 2024
Total assets
€315k▲ 12.8%
2023 · €279k
2022: €197k
2023: €279k
2022 → 2024
Net result
€80k▲ 12.6%
2023 · €71k
2022: €139k
2023: €71k
2022 → 2024
Working capital
€245k▲ 47.6%
2023 · €166k
2022: €132k
2023: €166k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€140k-€211k▲ 50.5%€276k▲ 30.7%
Operating result€181k-€89k▼ 50.8%€88k▼ 0.3%
Net result€139k-€71k▼ 49.1%€80k▲ 12.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 0% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €315k
Fixed assets
€33k ▼ 27.3%
Current assets
€282k ▲ 20.5%
Equity and liabilities €315k
Equity
€276k ▲ 30.7%
Debt
€39k ▼ 43.2%
Debt's share of the balance-sheet total falls from 24.3% to 12.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€102k▲
2023 · €99k
Cash flow
€94k▲
2023 · €81k
Current ratio
7.72▲
2023 · 3.45
Debt to equity
0.14▼
2023 · 0.32
ROE
28.9%▼
2023 · 33.6%
ROA
25.4%▼
2023 · 25.4%
Interest coverage
64.45▼
2023 · 198.61
Debt ≤ 1 year
€37k▼
2023 · €68k
Income taxes
€17k▼
2023 · €19k
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 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€279k€315k▲
Fixed assets21/28€45k€33k▼
Tangible fixed assets22/27€45k€33k▼
Plant, machinery and equipment23-€653
Furniture and vehicles24€44k€31k▼
Other tangible fixed assets26€1k€975▼
Current assets29/58€234k€282k▲
Amounts receivable within one year40/41€160k€155k▼
Trade receivables40€14k€14k▲
Other amounts receivable41€146k€141k▼
Cash at bank and in hand54/58€72k€118k▲
Deferred charges and accrued income490/1€2k€10k▲
Equity and liabilities
Total equity and liabilities10/49€279k€315k▲
Equity10/15€211k€276k▲
Contributions10/11€1k€1k=
Reserves13€210k€275k▲
Distributable reserves133€210k€275k▲
Profit (loss) carried forward14€346€238▼
Amounts payable17/49€68k€39k▼
Amounts payable within one year42/48€68k€37k▼
Trade debts44€6k-
Suppliers440/4€6k-
Taxes, remuneration and social security45€62k€22k▼
Taxes450/3€62k€22k▼
Other amounts payable47/48-€15k
Accrued charges and deferred income492/3-€2k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€14k▲
Other operating charges640/8€3k€10k▲
Non-recurring operating charges66A€219-
Gross operating margin9900€101k€112k▲
Operating profit (loss)9901€89k€88k▼
Financial income75/76B€2k€10k▲
Recurring financial income75€2k€10k▲
Financial charges65/66B€497€2k▲
Recurring financial charges65€497€2k▲
Profit (loss) for the period before taxes9903€90k€97k▲
Income taxes67/77€19k€17k▼
Profit (loss) for the period9904€71k€80k▲
Profit (loss) for the period to be appropriated9905€71k€80k▲
Appropriation of the result
Profit (loss) to be appropriated9906€71k€80k▲
Profit (loss) brought forward from the previous period14P€395€346▼
Transfer to equity691/2€71k€65k▼
To other reserves6921€71k€65k▼
Profit to be distributed694/7-€15k
Directors or managers695-€15k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 7.72
Current ratio from 3.45 to 7.72; short-term debt falls from €68k to €37k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €71k ▼49.1%
Net result drops to €71k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200kEq €211k ▲50.5%
2 profitable years in a row build equity to €211k.
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
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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, Vorst · 1 establishment unit since 2022
Ground area
211 m²
Building footprint
145 m²
Volume, LiDAR
2,251 m³
Parcel 21383B0036/00T004, Brussels · tallest building 20.5 m, ±6 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
CBO PROJECTS
since 20222.328.999.692
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21383B0036/00T004 | Brussels | 211 m² | 1 · 145 m² | 20.5 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
AVIATION MANAGEMENT SERVICES
BE 0836.998.944
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DEJORA
BE 0475.965.934
Antwerpen · Eq €275,925
ULTIMATE SERVICES
BE 0544.881.959
Antwerpen · Eq €275,830
Stemco
BE 0805.121.972
Leuven · Eq €275,751
Daelemans Retail Management
BE 0771.993.009
Bonheiden · Eq €276,786
Of 24,497 companies in sector 82990 we hold annual accounts for 9,402. 6,622 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.