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CC & CO Projects

Active
Private limited companyfounded 20215 yrs activeOude Heerweg 111, 9160 Lokeren, BelgiumKBO/BCE: BE 0765.602.192
Summary

The computed 12-month bankruptcy probability of CC & CO Projects is 2.5% (moderate). The 2024 annual accounts show equity of €88,091 and a net result of €44,056. Equity is growing by ~99.6% per year across the filed fiscal years. Its solvency ranks better than 65% of 36380 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency85▲+13
Growth78=
Track record94
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.08 against 0.99 in 2023; short-term debt: 32% and cash: 1.8% of total assets), and 40.1% of the assets are financed with debt.
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Signals

Five 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
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 →
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
59.9%
Return on assets
30%
Age of the figures
24 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 150 days later.
NBB · 3 filings
Position against the passed deadline
30-09-2025 close30-04-2026 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 30-04-2025, 0 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
on the day
2023
1 d early
2022
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 1 day before 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 (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 24 March 2021, CC & CO Projects was incorporated as a Private limited company.1 Total assets went from EUR 1,315 in 2022 to EUR 146,998 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€88,091▲ 100%
2023 · €44,034
Total assets
€146,998▲ 57.2%
2023 · €93,527
Net result
€44,056▲ 0.9%
2023 · €43,650
Working capital
€3,919
2023 · -€677
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result-€1,572-€54,832€56,154▲ 2.4%
Net result-€1,616-€43,650€44,056▲ 0.9%
Equity€384-€44,034▲ 11,366%€88,091▲ 100%
Total assets€1,315-€93,527▲ 7,014%€146,998▲ 57.2%
Debt€931-€49,493▲ 5,218%€58,908▲ 19.0%
Working capital-€677€3,919
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000Operating result 2022: -€1,572-€1,572Net result 2022: -€1,616-€1,616Operating result 2023: €54,832€54,832Net result 2023: €43,650€43,650Operating result 2024: €56,154€56,154Net result 2024: €44,056€44,056202220232024-€20,000€0€20,000€40,000€60,000Operating result 2022: -€1,572-€1,570Net result 2022: -€1,616-€1,620Operating result 2023: €54,832€54,800Net result 2023: €43,650€43,700Operating result 2024: €56,154€56,200Net result 2024: €44,056€44,100202220232024
The operating result has risen two years in a row; 2024 is 2% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €146,998
Fixed assets €95,967 ▲ 114%
Current assets €51,032 ▲ 4.9%
Equity and liabilities €146,998
Equity €88,091 ▲ 100%
Debt €58,908 ▲ 19.0%
Debt's share of the balance-sheet total falls from 52.9% to 40.1%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€77,333▲
2023 · €59,851
Cash flow
€65,234▲
2023 · €48,669
Current ratio
1.08▲
2023 · 0.99
Debt to equity
0.67▼
2023 · 1.12
ROE
50.0%▼
2023 · 99.1%
ROA
30.0%▼
2023 · 46.7%
Interest coverage
270.18▲
2023 · 165.19
Debt ≤ 1 year
€47,112▼
2023 · €49,342
Debt > 1 year
€11,795▲
2023 · €135
Income taxes
€11,834▲
2023 · €10,823
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.5% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 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% 1.6%
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 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 26,964 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 against 2023 · 44 lines
Balance sheet Code20232024
Assets
Total assets20/58€93,527€146,998▲
Fixed assets21/28€44,862€95,967▲
Tangible fixed assets22/27€44,862€95,957▲
Plant, machinery and equipment23€27,052€52,804▲
Furniture and vehicles24€17,810€43,153▲
Financial fixed assets28-€10
Current assets29/58€48,665€51,032▲
Amounts receivable within one year40/41€46,290€48,150▲
Trade receivables40€46,233€48,094▲
Other amounts receivable41€57€57=
Cash at bank and in hand54/58€908€2,690▲
Deferred charges and accrued income490/1€1,467€191▼
Equity and liabilities
Total equity and liabilities10/49€93,527€146,998▲
Equity10/15€44,034€88,091▲
Contributions10/11€2,000€2,000=
Reserves13€42,034€86,091▲
Distributable reserves133€42,034€86,091▲
Amounts payable17/49€49,493€58,908▲
Amounts payable after more than one year17€135€11,795▲
Other amounts payable178/9€135€11,795▲
Amounts payable within one year42/48€49,342€47,112▼
Trade debts44€35,365€29,645▼
Suppliers440/4€35,365€29,645▼
Taxes, remuneration and social security45€13,978€17,468▲
Taxes450/3€13,578€14,468▲
Remuneration and social security454/9€400€3,000▲
Accrued charges and deferred income492/3€15-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,018€21,178▲
Other operating charges640/8€552€1,177▲
Gross operating margin9900€60,402€78,509▲
Operating profit (loss)9901€54,832€56,154▲
Financial income75/76B€3€22▲
Recurring financial income75€3€22▲
Non-recurring financial income76B€3€22▲
Financial charges65/66B€362€286▼
Recurring financial charges65€362€286▼
Profit (loss) for the period before taxes9903€54,473€55,890▲
Income taxes67/77€10,823€11,834▲
Profit (loss) for the period9904€43,650€44,056▲
Profit (loss) for the period to be appropriated9905€43,650€44,056▲
Appropriation of the result
Profit (loss) to be appropriated9906€42,034€44,056▲
Profit (loss) brought forward from the previous period14P-€1,616-
Transfer to equity691/2€42,034€44,056▲
To other reserves6921€42,034€44,056▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€5,018€21,178▲ 322%
Other operating charges640/8-€552€1,177▲ 113%
Gross operating margin9900-€1,572€60,402€78,509▲ 30.0%
Operating profit (loss)9901-€1,572€54,832€56,154▲ 2.4%
Financial income75/76B-€3€22▲ 646%
Recurring financial income75-€3€22▲ 646%
Non-recurring financial income76B-€3€22▲ 646%
Financial charges65/66B€44€362€286▼ 21.0%
Recurring financial charges65€44€362€286▼ 21.0%
Profit (loss) for the period before taxes9903-€1,616€54,473€55,890▲ 2.6%
Income taxes67/77-€10,823€11,834▲ 9.3%
Profit (loss) for the period9904-€1,616€43,650€44,056▲ 0.9%
Profit (loss) for the period to be appropriated9905-€1,616€43,650€44,056▲ 0.9%
Line202220232024Change
Assets
Total assets20/58€1,315€93,527€146,998▲ 57.2%
Fixed assets21/28-€44,862€95,967▲ 114%
Tangible fixed assets22/27-€44,862€95,957▲ 114%
Plant, machinery and equipment23-€27,052€52,804▲ 95.2%
Furniture and vehicles24-€17,810€43,153▲ 142%
Financial fixed assets28--€10-
Current assets29/58€1,315€48,665€51,032▲ 4.9%
Amounts receivable within one year40/41€1,256€46,290€48,150▲ 4.0%
Trade receivables40-€46,233€48,094▲ 4.0%
Other amounts receivable41€1,256€57€57=
Cash at bank and in hand54/58€59€908€2,690▲ 196%
Deferred charges and accrued income490/1-€1,467€191▼ 87.0%
Equity and liabilities
Total equity and liabilities10/49€1,315€93,527€146,998▲ 57.2%
Equity10/15€384€44,034€88,091▲ 100%
Contributions10/11€2,000€2,000€2,000=
Reserves13-€42,034€86,091▲ 105%
Distributable reserves133-€42,034€86,091▲ 105%
Profit (loss) carried forward14-€1,616---
Amounts payable17/49€931€49,493€58,908▲ 19.0%
Amounts payable after more than one year17€931€135€11,795▲ 8,615%
Trade debts175€931---
Other amounts payable178/9-€135€11,795▲ 8,615%
Amounts payable within one year42/48-€49,342€47,112▼ 4.5%
Trade debts44-€35,365€29,645▼ 16.2%
Suppliers440/4-€35,365€29,645▼ 16.2%
Taxes, remuneration and social security45-€13,978€17,468▲ 25.0%
Taxes450/3-€13,578€14,468▲ 6.6%
Remuneration and social security454/9-€400€3,000▲ 650%
Accrued charges and deferred income492/3-€15--
Line202220232024Change
Profit (loss) for the period9904-€1,616€43,650€44,056▲ 0.9%
+ Depreciation and write-downs630-€5,018€21,178▲ 322%
Operating cash flow (approximation)-€1,616€48,669€65,234▲ 34.0%
Investment in fixed assets (approximation)---€72,283-
Change in cash-€849€1,782▲ 110%

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

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Timeline · acts, filings and financial milestones

2025
30-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Highest result since 2022net €44,056 ▲0.9%
Operating result €56,154, net result €44,056, both a record.
29-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial Back to profitnet €43,650
Net result €43,650 after one loss-making year.
28-04
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 4 acts read
About the unread acts

We know of 4 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
4 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, Lokeren · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
2,405 m²
Building footprint
169 m²
Volume, LiDAR
465 m³
Parcel 46014A0950/00P003, Flanders · tallest building 4.6 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
CC & CO Projects
Oude Heerweg 111, 9160 LokerenManufacture of textiles
since 20212.315.521.444
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46014A0950/00P003 Flanders 2,405 m² 1 · 169 m² 4.6 m · 1 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

Of 7,867 companies in sector 43341 we hold annual accounts for 2,664. 2,295 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
Founded24-03-2021
Fiscal year end30-09
Activities, NACEBEL 2025
43341Painting of buildings
43230Insulation installation
43333Wallpapering and laying of floor and wall coverings in other materials
95319Other maintenance and repair of motor vehicles
E-invoicing
Reachable via Peppol
Peppol ID 0208:0765602192
Also 9925:BE0765602192
Registered 30-10-2023

Register as of 26 September 2026 · Peppol Directory

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