COMPARE PROJECTS
ActiveSummary
COMPARE PROJECTS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €217,872 and a net result of €4,685. Equity is growing by ~7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).
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Signals
This company filed its last 6 accounts on average 26 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 6,048 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
For this company itself Checked computes a higher bankruptcy probability: 1.2% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 6,048 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,070 | €13,070 | €13,672 | €15,053 | €16,001 | ▲ 6.3% |
| Other operating charges640/8 | - | €482 | €2,444 | €357 | €3,362 | ▲ 842% |
| Gross operating margin9900 | €25,321 | €22,179 | €25,852 | €24,235 | €28,003 | ▲ 15.5% |
| Operating profit (loss)9901 | -€3,159 | €8,627 | €9,736 | €8,825 | €8,640 | ▼ 2.1% |
| Financial charges65/66B | - | €3,148 | €2,620 | €2,437 | €2,200 | ▼ 9.7% |
| Recurring financial charges65 | €3,050 | €3,148 | €2,620 | €2,437 | €2,200 | ▼ 9.7% |
| Profit (loss) for the period before taxes9903 | -€6,209 | €5,478 | €7,116 | €6,388 | €6,439 | ▲ 0.8% |
| Income taxes67/77 | - | - | €1,742 | €1,705 | €1,755 | ▲ 2.9% |
| Profit (loss) for the period9904 | -€6,209 | €5,478 | €5,374 | €4,683 | €4,685 | = |
| Profit (loss) for the period to be appropriated9905 | -€6,209 | €5,478 | €5,374 | €4,683 | €4,685 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €573,779 | €563,517 | €566,589 | €577,609 | €570,382 | ▼ 1.3% |
| Fixed assets21/28 | €570,832 | €557,761 | €553,939 | €561,623 | €545,622 | ▼ 2.8% |
| Tangible fixed assets22/27 | €570,832 | €557,761 | €553,939 | €561,623 | €545,622 | ▼ 2.8% |
| Land and buildings22 | - | €557,761 | €553,939 | €561,623 | €545,622 | ▼ 2.8% |
| Current assets29/58 | €2,947 | €5,756 | €12,650 | €15,986 | €24,760 | ▲ 54.9% |
| Amounts receivable within one year40/41 | €28 | €1,490 | €2,569 | €956 | €766 | ▼ 19.9% |
| Trade receivables40 | - | €152 | - | €775 | €515 | ▼ 33.6% |
| Other amounts receivable41 | - | €1,338 | €2,569 | €180 | €250 | ▲ 38.9% |
| Cash at bank and in hand54/58 | €2,356 | €4,100 | €9,656 | €14,556 | €23,379 | ▲ 60.6% |
| Deferred charges and accrued income490/1 | - | €166 | €424 | €475 | €616 | ▲ 29.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €573,779 | €563,517 | €566,589 | €577,609 | €570,382 | ▼ 1.3% |
| Equity10/15 | €188,653 | €194,131 | €199,504 | €213,187 | €217,872 | ▲ 2.2% |
| Contributions10/11 | - | €171,000 | €171,000 | €180,000 | €180,000 | = |
| Reserves13 | €2,800 | €2,800 | €2,800 | €2,800 | €2,800 | = |
| Non-distributable reserves130/1 | - | €2,800 | €2,800 | €2,800 | €2,800 | = |
| Reserves not available under the articles1311 | - | €2,800 | €2,800 | €2,800 | €2,800 | = |
| Profit (loss) carried forward14 | €14,853 | €20,331 | €25,704 | €30,387 | €35,072 | ▲ 15.4% |
| Amounts payable17/49 | €385,126 | €369,386 | €367,084 | €364,422 | €352,510 | ▼ 3.3% |
| Amounts payable after more than one year17 | €164,877 | €148,621 | €132,117 | €115,359 | €98,345 | ▼ 14.7% |
| Financial debts170/4 | - | €148,621 | €132,117 | €115,359 | €98,345 | ▼ 14.7% |
| Amounts payable within one year42/48 | €220,249 | €220,765 | €234,968 | €249,063 | €254,165 | ▲ 2.0% |
| Current portion of amounts payable after more than one year42 | - | €16,256 | €16,505 | €16,758 | €17,014 | ▲ 1.5% |
| Trade debts44 | €3,108 | €4,307 | €15,392 | €38,923 | €42,807 | ▲ 10.0% |
| Suppliers440/4 | - | €4,307 | €15,392 | €38,923 | €42,807 | ▲ 10.0% |
| Advances received on contracts in progress46 | - | €152 | - | €1,002 | - | - |
| Taxes, remuneration and social security45 | - | - | €3,021 | €1,979 | €3,944 | ▲ 99.3% |
| Taxes450/3 | - | - | €3,021 | €1,979 | €3,944 | ▲ 99.3% |
| Other amounts payable47/48 | - | €200,050 | €200,050 | €190,401 | €190,401 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,209 | €5,478 | €5,374 | €4,683 | €4,685 | = |
| + Depreciation and write-downs630 | €11,070 | €13,070 | €13,672 | €15,053 | €16,001 | ▲ 6.3% |
| Operating cash flow (approximation) | €4,862 | €18,548 | €19,046 | €19,736 | €20,685 | ▲ 4.8% |
| Investment in fixed assets (approximation) | - | €0 | -€9,850 | -€22,737 | €0 | ▲ 100% |
| Change in cash | - | €1,744 | €5,556 | €4,899 | €8,823 | ▲ 80.1% |
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
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71054B0044/00Z000 | Flanders | 2,032 m² | 1 · 619 m² | 6.3 m · 2 fl. |
Linked by address, not proof of ownership
Company details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.