E-PROJECTS
ActiveSummary
The computed 12-month bankruptcy probability of E-PROJECTS is 1.7% (moderate). The 2025 annual accounts show equity of €31k and a net result of €9k. Equity is growing by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 22% of 994 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability60▲+41
Solvency46▼-35
Growth52▲+20
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.59 against 2.23 in 2024; short-term debt: 30.4% and cash: 0% of total assets), but 78.6% of the assets are financed with debt.
Credit check 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 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 994 sector peers (2025).
NBB · sector comparisonPosition among 994 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-03-2026, 59 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
59 d late
2024
5 d late
2023
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€31k▲ 41.1%
2024 · €22k
2023: €23k
2024: €22k▼ -4.9% vs 2023lowest in 3 years
2025: €31k▲ +41.1% vs 2024highest in 3 years
2023 → 2025
Total assets
€147k▲ 272%
2024 · €39k
2023: €40k
2024: €39k▼ -0.3% vs 2023lowest in 3 years
2025: €147k▲ +272% vs 2024highest in 3 years
2023 → 2025
Net result
€9k
2024 · €-1k
2023: €18khighest in 3 years
2024: €-1k▼ -106% vs 2023lowest in 3 years
2025: €9k▲ +901% vs 2024
2023 → 2025
Working capital
€26k▲ 24.2%
2024 · €21k
2023: €23k
2024: €21k▼ -9.5% vs 2023lowest in 3 years
2025: €26k▲ +24.2% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€23k-€22k▼ 4.9%€31k▲ 41.1%
2023: €23k
2024: €22k▼ -4.9% vs 2023lowest in 3 years
2025: €31k▲ +41.1% vs 2024highest in 3 years
Operating result€25k-€888▼ 96.5%€15k▲ 1,640%
2023: €25khighest in 3 years
2024: €888▼ -96.5% vs 2023lowest in 3 years
2025: €15k▲ +1640% vs 2024
Net result€18k-€-1k€9k
2023: €18khighest in 3 years
2024: €-1k▼ -106% vs 2023lowest in 3 years
2025: €9k▲ +901% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,640% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €147k
Fixed assets
€76k ▲ 6,881%
Current assets
€71k ▲ 85.0%
Equity and liabilities €147k
Equity
€31k ▲ 41.1%
Debt
€115k ▲ 571%
Debt's share of the balance-sheet total rises from 43.6% to 78.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€20k▲
2024 · €1k
Cash flow
€14k▲
2024 · €-968
Current ratio
1.59▼
2024 · 2.23
Debt to equity
3.67▲
2024 · 0.77
ROE
29.1%▲
2024 · -5.1%
ROA
6.2%▲
2024 · -2.9%
Interest coverage
3.98▲
2024 · 0.48
Debt ≤ 1 year
€45k▲
2024 · €17k
Debt > 1 year
€71k
Income taxes
€3k▲
2024 · €402
Staff costs
€0▼
2024 · €3k
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 · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€39k€147k▲
Fixed assets21/28€1k€76k▲
Tangible fixed assets22/27€1k€76k▲
Plant, machinery and equipment23€1k€663▼
Other tangible fixed assets26-€75k
Financial fixed assets28€5€5=
Current assets29/58€38k€71k▲
Amounts receivable within one year40/41€34k€71k▲
Trade receivables40€10k€14k▲
Other amounts receivable41€23k€57k▲
Cash at bank and in hand54/58€4k€36▼
Deferred charges and accrued income490/1€936€0▼
Equity and liabilities
Total equity and liabilities10/49€39k€147k▲
Equity10/15€22k€31k▲
Contributions10/11€5k€5k=
Reserves13€17k€26k▲
Distributable reserves133€17k€26k▲
Amounts payable17/49€17k€115k▲
Amounts payable after more than one year17-€71k
Financial debts170/4-€71k
Amounts payable within one year42/48€17k€45k▲
Current portion of amounts payable after more than one year42€970€8k▲
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€13k€9k▼
Taxes450/3€13k€9k▼
Remuneration and social security454/9€0-
Other amounts payable47/48-€24k
Income statement
Code20242025
Remuneration, social security and pensions62€3k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€174€4k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€241€1k▲
Gross operating margin9900€4k€24k▲
Operating profit (loss)9901€888€15k▲
Financial income75/76B€607€2k▲
Recurring financial income75€607€2k▲
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€-740€13k▲
Income taxes67/77€402€3k▲
Profit (loss) for the period9904€-1k€9k▲
Profit (loss) for the period to be appropriated9905€-1k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€9k▲
Transfer from equity791/2€1k€0▼
Transfer to equity691/2€0€9k▲
To other reserves6921€0€9k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €2k | €3k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €174 | €4k | ▲ 2,410% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €3k | - |
| Other operating charges640/8 | €904 | €241 | €1k | ▲ 325% |
| Gross operating margin9900 | €29k | €4k | €24k | ▲ 442% |
| Operating profit (loss)9901 | €25k | €888 | €15k | ▲ 1,640% |
| Financial income75/76B | €335 | €607 | €2k | ▲ 240% |
| Recurring financial income75 | €335 | €607 | €2k | ▲ 240% |
| Financial charges65/66B | €2k | €2k | €5k | ▲ 123% |
| Recurring financial charges65 | €2k | €2k | €5k | ▲ 123% |
| Profit (loss) for the period before taxes9903 | €24k | €-740 | €13k | ▲ 1,793% |
| Income taxes67/77 | €6k | €402 | €3k | ▲ 741% |
| Profit (loss) for the period9904 | €18k | €-1k | €9k | ▲ 901% |
| Profit (loss) for the period to be appropriated9905 | €18k | €-1k | €9k | ▲ 901% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €40k | €39k | €147k | ▲ 272% |
| Fixed assets21/28 | €5 | €1k | €76k | ▲ 6,881% |
| Tangible fixed assets22/27 | - | €1k | €76k | ▲ 6,913% |
| Plant, machinery and equipment23 | - | €1k | €663 | ▼ 38.7% |
| Other tangible fixed assets26 | - | - | €75k | - |
| Financial fixed assets28 | €5 | €5 | €5 | = |
| Current assets29/58 | €40k | €38k | €71k | ▲ 85.0% |
| Amounts receivable within one year40/41 | €7k | €34k | €71k | ▲ 112% |
| Trade receivables40 | - | €10k | €14k | ▲ 38.1% |
| Other amounts receivable41 | €7k | €23k | €57k | ▲ 144% |
| Cash at bank and in hand54/58 | €31k | €4k | €36 | ▼ 99.1% |
| Deferred charges and accrued income490/1 | €1k | €936 | €0 | ▼ 100% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €40k | €39k | €147k | ▲ 272% |
| Equity10/15 | €23k | €22k | €31k | ▲ 41.1% |
| Contributions10/11 | €5k | €5k | €5k | = |
| Reserves13 | €18k | €17k | €26k | ▲ 53.0% |
| Distributable reserves133 | €18k | €17k | €26k | ▲ 53.0% |
| Amounts payable17/49 | €16k | €17k | €115k | ▲ 571% |
| Amounts payable after more than one year17 | - | - | €71k | - |
| Financial debts170/4 | - | - | €71k | - |
| Amounts payable within one year42/48 | €16k | €17k | €45k | ▲ 160% |
| Current portion of amounts payable after more than one year42 | - | €970 | €8k | ▲ 675% |
| Financial debts43 | - | - | €2k | - |
| Credit institutions430/8 | - | - | €2k | - |
| Trade debts44 | €3k | €3k | €3k | ▼ 16.1% |
| Suppliers440/4 | €3k | €3k | €3k | ▼ 16.1% |
| Taxes, remuneration and social security45 | €13k | €13k | €9k | ▼ 32.4% |
| Taxes450/3 | €11k | €13k | €9k | ▼ 32.4% |
| Remuneration and social security454/9 | €2k | €0 | - | - |
| Other amounts payable47/48 | - | - | €24k | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €18k | €-1k | €9k | ▲ 901% |
| + Depreciation and write-downs630 | €1k | €174 | €4k | ▲ 2,410% |
| Operating cash flow (approximation) | €20k | €-968 | €14k | ▲ 1,497% |
| Investment in fixed assets (approximation) | - | €-1k | €-79k | ▼ 6,202% |
| Change in cash | - | €-27k | €-4k | ▲ 85.5% |
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
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 59 days late
2025
30-06
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
05-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
30-06
Financial
Weakest financial yearnet €-1k
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
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, Dendermonde · 1 establishment unit since 2022
Ground area
107 m²
Building footprint
38 m²
Volume, LiDAR
357 m³
Parcel 42006D0214/00X007, Flanders · tallest building 13.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
E-PROJECTS
since 20222.328.522.018
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42006D0214/00X007 | Flanders | 107 m² | 1 · 38 m² | 13.7 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 1,472 EUR awarded · 1,472 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 99 EUR | 99 EUR |
| 2023 | 1 | 818 EUR | 818 EUR |
| 2022 | 1 | 555 EUR | 555 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,821 companies in sector 42220 we hold annual accounts for 955. 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
Founded02-03-2022
Fiscal year end30-06
Activities, NACEBEL 2025
42220Construction of utility projects for electricity and telecommunications
43130Specialised construction activities
43240Other construction installation
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.