CUAly PROJECTS
ActiveThe computed 12-month bankruptcy probability of CUAly PROJECTS is 2.4% (moderate). The 2024 annual accounts show equity of €172k and a net result of €87k. Equity is growing by ~104.2% per year across the filed fiscal years. Its solvency ranks better than 60% of 36378 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency81▼-19
Growth78=
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 4.93 against 4.52 in 2023; short-term debt: 19% and cash: 20.5% of total assets), and 44.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
43 d early
2022
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€172k▲ 103%
2023 · €85k
2022: €-5k
2023: €85k
2022 → 2024
Total assets
€309k▲ 181%
2023 · €110k
2022: €15k
2023: €110k
2022 → 2024
Net result
€87k▼ 2.4%
2023 · €90k
2022: €-7k
2023: €90k
2022 → 2024
Working capital
€231k▲ 184%
2023 · €81k
2022: €-7k
2023: €81k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€-5k-€85k€172k▲ 103%
Operating result€-6k-€112k€117k▲ 4.5%
Net result€-7k-€90k€87k▼ 2.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 4% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €309k
Fixed assets
€20k▲ 246%
Current assets
€289k▲ 177%
Equity and liabilities €309k
Equity
€172k▲ 103%
Debt
€137k▲ 444%
The debt ratio rises from 22.8% to 44.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€121k▲
2023 · €113k
Cash flow
€91k▲
2023 · €91k
Solvency
55.7%▼
2023 · 77.2%
Current ratio
4.93▲
2023 · 4.52
Quick ratio
3.14▼
2023 · 4.52
Debt / equity
0.79▲
2023 · 0.30
ROE
50.7%▼
2023 · 105.5%
ROA
28.3%▼
2023 · 81.4%
Interest coverage
30.52▼
2023 · 369.22
Debt
€137k▲
2023 · €25k
Debt ≤ 1 year
€59k▲
2023 · €23k
Debt > 1 year
€78k
Income taxes
€26k▲
2023 · €22k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€110k€309k▲
Fixed assets21/28€6k€20k▲
Tangible fixed assets22/27€6k€20k▲
Plant, machinery and equipment23€3k€9k▲
Furniture and vehicles24€3k€10k▲
Current assets29/58€104k€289k▲
Amounts receivable after more than one year29€5k€5k=
Other amounts receivable291€5k€5k=
Stocks and contracts in progress3-€105k
Stocks30/36-€105k
Amounts receivable within one year40/41€58k€116k▲
Trade receivables40€50k€92k▲
Other amounts receivable41€8k€24k▲
Cash at bank and in hand54/58€41k€63k▲
Deferred charges and accrued income490/1-€18
Equity and liabilities
Total equity and liabilities10/49€110k€309k▲
Equity10/15€85k€172k▲
Contributions10/11€2k€2k=
Reserves13€83k€170k▲
Distributable reserves133€83k€170k▲
Amounts payable17/49€25k€137k▲
Amounts payable after more than one year17-€78k
Financial debts170/4-€78k
Amounts payable within one year42/48€23k€59k▲
Current portion of amounts payable after more than one year42-€4k
Trade debts44€6k€8k▲
Suppliers440/4€6k€8k▲
Taxes, remuneration and social security45€8k€26k▲
Taxes450/3€8k€26k▲
Other amounts payable47/48€9k€20k▲
Accrued charges and deferred income492/3€2k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€4k▲
Other operating charges640/8€2k€22k▲
Gross operating margin9900€115k€143k▲
Operating profit (loss)9901€112k€117k▲
Financial income75/76B€5€238▲
Recurring financial income75€5€238▲
Financial charges65/66B€306€4k▲
Recurring financial charges65€306€4k▲
Profit (loss) for the period before taxes9903€111k€113k▲
Income taxes67/77€22k€26k▲
Profit (loss) for the period9904€90k€87k▼
Profit (loss) for the period to be appropriated9905€90k€87k▼
Appropriation of the result
Profit (loss) to be appropriated9906€83k€87k▲
Profit (loss) brought forward from the previous period14P€-7k-
Transfer to equity691/2€83k€87k▲
To other reserves6921€83k€87k▲
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
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Equity above €150kEq €172k ▲103%
2 profitable years in a row build equity to €172k.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €90k
Net result €90k after one loss-making year.
31-12
Financial
Liquidity times 7current ratio 4.52
Current ratio from 0.61 to 4.52.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Oostende · 1 establishment unit since 2022
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.
Ter Streeppad 338400 OostendeGround area
182 m²
Building footprint
78 m²
Volume, LiDAR
1 m³
Parcel 35385B0496/00Z002, Flanders · tallest building 0.2 m. Linked by address, not a title deed.
1 establishment unit
CUAly PROJECTS
since 20222.328.175.984
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35385B0496/00Z002 | Flanders | 182 m² | 1 · 78 m² | 0.2 m |
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
DS Grondwerken
BE 0501.753.284
Herenthout · Eq €172k
DEMBLON Geoffrey
BE 0667.974.959
Theux · Eq €173k
TRC Concept
BE 0454.211.705
Plombières · Eq €172k
De Jong Group
BE 0744.543.096
Hamme (Vl.) · Eq €173k
COELHO & FILS
BE 0881.519.469
Brussel · Eq €172k
Of 8,454 companies in sector 43120 we hold annual accounts for 3,232. 2,629 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-02-2022
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
43990Other specialised construction activities
23660Manufacture of other non-metallic mineral products
23690Manufacture of other non-metallic mineral products
43211General electrical installation work
43221Plumbing work
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.