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CPP Projects

Active
Private limited companyfounded 20224 yrs activeKettingbrugweg 48, 3950 Bocholt, BelgiumKBO/BCE: BE 0790.632.845
Summary

CPP Projects has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €530,904 and a net result of -€145,924. Its solvency ranks better than 76% of 9722 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability0▼-29
Solvency90▲+34
Growth32
Track record94
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 2.85 against 9.31 in 2023; short-term debt: 35.1% and cash: 8.5% of total assets), and 35.1% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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
64.9%
Return on assets
-17.8%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
2324
2023 to 2024 · latest year -€145,924
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 30-06-2025, 31 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
31 d early
2023
19 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 25 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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 9 September 2022, CPP Projects was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

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

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Financials · fiscal year 2024, abbreviated schema

Equity
€530,904▼ 21.6%
2023 · €676,827
Total assets
€817,588▼ 62.2%
2023 · €2.2m
Net result
-€145,924▼ 99.4%
2023 · -€73,173
Working capital
€530,904▼ 72.5%
2023 · €1.9m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result-€38,428--€126,080▼ 228%
Net result-€73,173below the sector's middle half--€145,924below the sector's middle half▼ 99.4%
Equity€676,827within the sector's middle half-€530,904within the sector's middle half▼ 21.6%
Total assets€2.2mwithin the sector's middle half-€817,588within the sector's middle half▼ 62.2%
Debt€1.5m-€286,684▼ 80.7%
Working capital€1.9m-€530,904▼ 72.5%
Solvency31.3%within the sector's middle half-64.9%above the sector's middle half▲ 33.6pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0Operating result 2023: -€38,428-€38,428Net result 2023: -€73,173-€73,173Operating result 2024: -€126,080-€126,080Net result 2024: -€145,924-€145,92420232024-€150,000-€100,000-€50,000€0Operating result 2023: -€38,428-€38,400Net result 2023: -€73,173-€73,200Operating result 2024: -€126,080-€126,000Net result 2024: -€145,924-€146,00020232024
The operating result stays negative: a loss of €126,080 in 2024 against €38,428 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €817,588
Equity €530,904 ▼ 21.6%
Debt €286,684 ▼ 80.7%
Debt's share of the balance-sheet total falls from 68.7% to 35.1%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
Current ratio
2.85▼
2023 · 9.31
Quick ratio
0.39▼
2023 · 1.80
Debt to equity
0.54▼
2023 · 2.19
ROE
-27.5%▼
2023 · -10.8%
ROA
-17.8%▼
2023 · -3.4%
Debt ≤ 1 year
€286,684▲
2023 · €232,157
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 133 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 94% are still going.

  • Small
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
3.0% went bankrupt
3.0% stopped otherwise
94% still going

For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,058 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 133 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 · 35 lines
Balance sheet Code20232024
Assets
Total assets20/58€2.2m€817,588▼
Current assets29/58€2.2m€817,588▼
Stocks and contracts in progress3€1.7m€704,842▼
Stocks30/36€1.7m€704,842▼
Amounts receivable within one year40/41-€42,998
Trade receivables40-€3,380
Other amounts receivable41-€39,618
Cash at bank and in hand54/58€417,830€69,441▼
Deferred charges and accrued income490/1-€306
Equity and liabilities
Total equity and liabilities10/49€2.2m€817,588▼
Equity10/15€676,827€530,904▼
Contributions10/11€750,000€750,000=
Profit (loss) carried forward14-€73,173-€219,096▼
Amounts payable17/49€1.5m€286,684▼
Amounts payable after more than one year17€1.3m-
Financial debts170/4€1.3m-
Amounts payable within one year42/48€232,157€286,684▲
Trade debts44€18,105€286,604▲
Suppliers440/4€18,105€286,604▲
Advances received on contracts in progress46€207,900-
Taxes, remuneration and social security45€6,151-
Taxes450/3€6,151-
Other amounts payable47/48-€80
Income statement Code20232024
Other operating charges640/8€262€262=
Gross operating margin9900-€38,166-€125,818▼
Operating profit (loss)9901-€38,428-€126,080▼
Financial income75/76B€9,596€1,058▼
Recurring financial income75€9,596€1,058▼
Financial charges65/66B€44,341€20,902▼
Recurring financial charges65€44,341€20,902▼
Profit (loss) for the period before taxes9903-€73,173-€145,924▼
Profit (loss) for the period9904-€73,173-€145,924▼
Profit (loss) for the period to be appropriated9905-€73,173-€145,924▼
Appropriation of the result
Profit (loss) to be appropriated9906-€73,173-€219,096▼
Profit (loss) brought forward from the previous period14P--€73,173

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Other operating charges640/8€262€262=
Gross operating margin9900-€38,166-€125,818▼ 230%
Operating profit (loss)9901-€38,428-€126,080▼ 228%
Financial income75/76B€9,596€1,058▼ 89.0%
Recurring financial income75€9,596€1,058▼ 89.0%
Financial charges65/66B€44,341€20,902▼ 52.9%
Recurring financial charges65€44,341€20,902▼ 52.9%
Profit (loss) for the period before taxes9903-€73,173-€145,924▼ 99.4%
Profit (loss) for the period9904-€73,173-€145,924▼ 99.4%
Profit (loss) for the period to be appropriated9905-€73,173-€145,924▼ 99.4%
Line20232024Change
Assets
Total assets20/58€2.2m€817,588▼ 62.2%
Current assets29/58€2.2m€817,588▼ 62.2%
Stocks and contracts in progress3€1.7m€704,842▼ 59.6%
Stocks30/36€1.7m€704,842▼ 59.6%
Amounts receivable within one year40/41-€42,998-
Trade receivables40-€3,380-
Other amounts receivable41-€39,618-
Cash at bank and in hand54/58€417,830€69,441▼ 83.4%
Deferred charges and accrued income490/1-€306-
Equity and liabilities
Total equity and liabilities10/49€2.2m€817,588▼ 62.2%
Equity10/15€676,827€530,904▼ 21.6%
Contributions10/11€750,000€750,000=
Profit (loss) carried forward14-€73,173-€219,096▼ 199%
Amounts payable17/49€1.5m€286,684▼ 80.7%
Amounts payable after more than one year17€1.3m--
Financial debts170/4€1.3m--
Amounts payable within one year42/48€232,157€286,684▲ 23.5%
Trade debts44€18,105€286,604▲ 1,483%
Suppliers440/4€18,105€286,604▲ 1,483%
Advances received on contracts in progress46€207,900--
Taxes, remuneration and social security45€6,151--
Taxes450/3€6,151--
Other amounts payable47/48-€80-
Line20232024Change
Profit (loss) for the period9904-€73,173-€145,924▼ 99.4%
Operating cash flow (approximation)-€73,173-€145,924▼ 99.4%
Change in cash--€348,389-

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
30-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
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.

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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, Bocholt · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1.4 ha
Building footprint
6,019 m²
Volume, LiDAR
104,397 m³
Parcel 72016A0883/00P003, Flanders · tallest building 23.8 m, ±6 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
CPP Projects
Kettingbrugweg 48, 3950 BocholtReal estate development
since 20222.335.157.313
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72016A0883/00P003 Flanders 1.4 ha 1 · 6,019 m² 23.8 m · 6 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.

Structure & network

Owners and holdings

3 owners

Owners 3

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 9,699 companies in sector 68121 we hold annual accounts for 7,385. 4,654 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
Founded09-09-2022
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
E-invoicing
Reachable via Peppol
Peppol ID 0208:0790632845
Registered 30-06-2025

Register as of 27 September 2026 · Peppol Directory

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