Skip to content

E.T. - PROJECTS

Active
Private limited company (pre-2019)founded 199630 yrs activeOordegemstraat 30, 9520 Sint-Lievens-Houtem, BelgiumKBO/BCE: BE 0458.529.688
Summary

E.T. - PROJECTS has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58,701 and a net result of €170. Equity is shrinking by ~2.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability38▲+5
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 11.45 against 13.83 in 2024; short-term debt: 8.7% and cash: 0% of total assets), and 8.7% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 30 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
91.3%
Return on assets
0.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
136 d late
2023
1 d early
2022
1 d early
2021
on the day
2020
4 d early
2019
7 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 17 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 (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 months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
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

E.T. - PROJECTS was incorporated on 16 August 1996.1 Total assets fell from EUR 88,236 in 2019 to EUR 64,321 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€58,701▲ 0.3%
2024 · €58,532
Total assets
€64,321▲ 1.9%
2024 · €63,095
Net result
€170
2024 · -€1,194
Working capital
€58,701▲ 0.3%
2024 · €58,532
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
Line20212022202320242025
Operating result-€9,479▲ 7.3%€4,777-€3,292-€2,377▲ 27.8%-€1,037▲ 56.4%
Net result-€8,367▲ 9.2%€5,413-€2,334-€1,194▲ 48.8%€170
Equity€56,647▼ 12.9%€62,060▲ 9.6%€59,726▼ 3.8%€58,532▼ 2.0%€58,701▲ 0.3%
Total assets€72,405▼ 5.8%€74,716▲ 3.2%€75,445▲ 1.0%€63,095▼ 16.4%€64,321▲ 1.9%
Debt€15,758▲ 33.1%€12,656▼ 19.7%€15,719▲ 24.2%€4,563▼ 71.0%€5,620▲ 23.2%
Working capital€55,731▼ 14.3%€62,060▲ 11.4%€59,726▼ 3.8%€58,532▼ 2.0%€58,701▲ 0.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€5,000€0€5,000Operating result 2021: -€9,479-€9,479Net result 2021: -€8,367-€8,367Operating result 2022: €4,777€4,777Net result 2022: €5,413€5,413Operating result 2023: -€3,292-€3,292Net result 2023: -€2,334-€2,334Operating result 2024: -€2,377-€2,377Net result 2024: -€1,194-€1,194Operating result 2025: -€1,037-€1,037Net result 2025: €170€17020212022202320242025-€4,000-€3,000-€2,000-€1,000€0Operating result 2023: -€3,292-€3,290Net result 2023: -€2,334-€2,330Operating result 2024: -€2,377-€2,380Net result 2024: -€1,194-€1,190Operating result 2025: -€1,037-€1,040Net result 2025: €170€170202320242025
The operating result stays negative: a loss of €1,037 in 2025 against €2,377 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €64,321
Equity €58,701 ▲ 0.3%
Debt €5,620 ▲ 23.2%
Debt's share of the balance-sheet total rises from 7.2% to 8.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
11.45▼
2024 · 13.83
Debt to equity
0.10▲
2024 · 0.08
ROE
0.3%▲
2024 · -2.0%
ROA
0.3%▲
2024 · -1.9%
Debt ≤ 1 year
€5,620▲
2024 · €4,563
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% 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: 0.8% 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 497,662 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% 1.7%
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 75% 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 17,027 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 · 2025 against 2024 · 30 lines
Balance sheet Code20242025
Assets
Total assets20/58€63,095€64,321▲
Current assets29/58€63,095€64,321▲
Amounts receivable within one year40/41€63,092€64,319▲
Other amounts receivable41€63,092€64,319▲
Cash at bank and in hand54/58€2€2▼
Equity and liabilities
Total equity and liabilities10/49€63,095€64,321▲
Equity10/15€58,532€58,701▲
Contributions10/11€37,184€37,184=
Reserves13€3,820€3,820=
Non-distributable reserves130/1€3,820€3,820=
Reserves not available under the articles1311€3,820€3,820=
Profit (loss) carried forward14€17,528€17,697▲
Amounts payable17/49€4,563€5,620▲
Amounts payable within one year42/48€4,563€5,620▲
Trade debts44-€1,037
Suppliers440/4-€1,037
Taxes, remuneration and social security45€832-
Taxes450/3€832-
Other amounts payable47/48€3,731€4,583▲
Income statement Code20242025
Other operating charges640/8€2,377€1,037▼
Operating profit (loss)9901-€2,377-€1,037▲
Financial income75/76B€1,250€1,262▲
Recurring financial income75€1,250€1,262▲
Financial charges65/66B€67€55▼
Recurring financial charges65€67€55▼
Profit (loss) for the period before taxes9903-€1,194€170▲
Profit (loss) for the period9904-€1,194€170▲
Profit (loss) for the period to be appropriated9905-€1,194€170▲
Appropriation of the result
Profit (loss) to be appropriated9906€17,528€17,697▲
Profit (loss) brought forward from the previous period14P€18,722€17,528▼

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

Line20212022202320242025Change
Non-recurring operating income76A-€7,907----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11-----
Other operating charges640/8-€805€668€2,377€1,037▼ 56.4%
Gross operating margin9900-€8,704€5,582-€2,624---
Operating profit (loss)9901-€9,479€4,777-€3,292-€2,377-€1,037▲ 56.4%
Financial income75/76B-€1,298€1,282€1,250€1,262▲ 0.9%
Recurring financial income75€1,408€1,298€1,282€1,250€1,262▲ 0.9%
Financial charges65/66B-€662€324€67€55▼ 18.2%
Recurring financial charges65€277€662€324€67€55▼ 18.2%
Profit (loss) for the period before taxes9903-€8,349€5,413-€2,334-€1,194€170▲ 114%
Income taxes67/77€18-----
Profit (loss) for the period9904-€8,367€5,413-€2,334-€1,194€170▲ 114%
Profit (loss) for the period to be appropriated9905-€8,367€5,413-€2,334-€1,194€170▲ 114%
Line20212022202320242025Change
Assets
Total assets20/58€72,405€74,716€75,445€63,095€64,321▲ 1.9%
Fixed assets21/28€916-----
Tangible fixed assets22/27€916-----
Current assets29/58€71,489€74,716€75,445€63,095€64,321▲ 1.9%
Amounts receivable within one year40/41€70,060€73,412€74,160€63,092€64,319▲ 1.9%
Trade receivables40-€8,824€9,750---
Other amounts receivable41-€64,588€64,410€63,092€64,319▲ 1.9%
Cash at bank and in hand54/58€21€6€3€2€2▼ 10.2%
Deferred charges and accrued income490/1-€1,298€1,282---
Equity and liabilities
Total equity and liabilities10/49€72,405€74,716€75,445€63,095€64,321▲ 1.9%
Equity10/15€56,647€62,060€59,726€58,532€58,701▲ 0.3%
Contributions10/11-€37,184€37,184€37,184€37,184=
Reserves13€3,820€3,820€3,820€3,820€3,820=
Non-distributable reserves130/1-€3,820€3,820€3,820€3,820=
Reserves not available under the articles1311-€3,820€3,820€3,820€3,820=
Profit (loss) carried forward14€15,643€21,056€18,722€17,528€17,697▲ 1.0%
Amounts payable17/49€15,758€12,656€15,719€4,563€5,620▲ 23.2%
Amounts payable within one year42/48€15,758€12,656€15,719€4,563€5,620▲ 23.2%
Trade debts44€6,815€3,155€4,269-€1,037-
Suppliers440/4-€3,155€4,269-€1,037-
Taxes, remuneration and social security45--€532€832--
Taxes450/3--€532€832--
Other amounts payable47/48-€9,501€10,918€3,731€4,583▲ 22.8%
Line20212022202320242025Change
Profit (loss) for the period9904-€8,367€5,413-€2,334-€1,194€170▲ 114%
+ Depreciation and write-downs630€11-----
Operating cash flow (approximation)-€8,355€5,413-€2,334-€1,194€170▲ 114%
Change in cash--€16-€3-€1-€0▲ 69.3%

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
28-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Back to profitnet €170
Net result €170 after 2 loss-making years.
16-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 136 days late
2024
30-06
Financial Liquidity triplescurrent ratio 13.83
Current ratio from 4.80 to 13.83; short-term debt falls from €15,719 to €4,563.
30-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Back to profitnet €5,413
Net result €5,413 after 2 loss-making years.
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
27-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial Weakest financial yearnet -€9,212
Net result drops to -€9,212, the lowest in the series; recovery starts the following year.
24-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
14-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
22-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
31-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Sint-Lievens-Houtem · 1 establishment unit since 1999
seat establishment The establishment unit on the map
Ground area
174 m²
Building footprint
62 m²
Volume, LiDAR
439 m³
2 parcels, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
Establishment
NACE 45111
since 19992.079.017.430
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41303E0434/00Z000 Flanders 92 m² - -
41072E0298/00Z000 Flanders 82 m² 1 · 62 m² 10.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded16-08-1996
Fiscal year end30-06
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 28 September 2026 · Peppol Directory

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