Skip to content

E6 PROJECTS

Active
Public limited companyfounded 2012active for 14 yearsCité des Bois(PAU) 45, 7100 La Louvière, BelgiumKBO/BCE: BE 0845.955.608
Summary

E6 PROJECTS has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54,677 and a net result of -€14,485. Equity is shrinking by about 11% per year across the filed financial years. Its solvency ranks better than 91% of 2,723 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, abbreviated format

Equity
€54,677▼ 20.9%
2024 · €69,161
Total assets
€64,544▼ 41.2%
2024 · €109,734
Net result
-€14,485▲ 33.5%
2024 · -€21,784
Working capital
€62,378▼ 17.6%
2024 · €75,703
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €15,124 in 2025 against €21,990 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€15,124 2025 Net result-€14,485 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€176,066-€89,853▼ 49.0%-€15,225-€35,685▼ 134%€140,552-€20,106-€21,990▼ 9.4%-€15,124▲ 31.2%
Net result€120,251-€52,970▼ 56.0%-€17,375below the sector's middle half-€38,905below the sector's middle half▼ 124%€114,067above the sector's middle half-€26,112below the sector's middle half-€21,784below the sector's middle half▲ 16.6%-€14,485below the sector's middle half▲ 33.5%
Equity€120,401-€173,371▲ 44.0%€155,996above the sector's middle half▼ 10.0%€117,091above the sector's middle half▼ 24.9%€231,158above the sector's middle half▲ 97.4%€205,046above the sector's middle half▼ 11.3%€69,161within the sector's middle half▼ 66.3%€54,677within the sector's middle half▼ 20.9%
Total assets€496,864-€386,592▼ 22.2%€231,305within the sector's middle half▼ 40.2%€480,538above the sector's middle half▲ 108%€269,497within the sector's middle half▼ 43.9%€249,859within the sector's middle half▼ 7.3%€109,734within the sector's middle half▼ 56.1%€64,544below the sector's middle half▼ 41.2%
Debt€376,464-€188,221▼ 50.0%€50,309▼ 73.3%€338,448▲ 573%€13,339▼ 96.1%€35,225▲ 164%€30,986▼ 12.0%€280▼ 99.1%
Working capital€116,211-€197,244▲ 69.7%€180,432above the sector's middle half▼ 8.5%€463,982above the sector's middle half▲ 157%€255,169above the sector's middle half▼ 45.0%€213,764above the sector's middle half▼ 16.2%€75,703within the sector's middle half▼ 64.6%€62,378within the sector's middle half▼ 17.6%
Solvency24.2%-44.8%▲ 20.6pp67.4%above the sector's middle half▲ 22.6pp24.4%within the sector's middle half▼ 43.1pp85.8%above the sector's middle half▲ 61.4pp82.1%above the sector's middle half▼ 3.7pp63.0%within the sector's middle half▼ 19.0pp84.7%above the sector's middle half▲ 21.7pp
Current ratio1.31-2.05▲ 0.744.59above the sector's middle half▲ 2.5431.04above the sector's middle half▲ 26.4520.13above the sector's middle half▼ 10.917.07above the sector's middle half▼ 13.063.44above the sector's middle half▼ 3.63
Return on assets (ROA)24.2%-13.7%▼ 10.5pp-7.5%below the sector's middle half▼ 21.2pp-8.1%below the sector's middle half▼ 0.6pp42.3%above the sector's middle half▲ 50.4pp-10.5%below the sector's middle half▼ 52.8pp-19.9%below the sector's middle half▼ 9.4pp-22.4%below the sector's middle half▼ 2.6pp
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64,544
Fixed assets €1,886 ▼ 38.1%
Current assets €62,658 ▼ 41.3%
Equity and liabilities €64,544
Equity €54,677 ▼ 20.9%
Provisions €9,587 =
Debt €280 ▼ 99.1%
Debt's share of the balance-sheet total falls from 28.2% to 0.4%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€13,964▲
2024 · -€20,830
Cash flow
-€13,325▲
2024 · -€20,624
Debt to equity
0.01▼
2024 · 0.45
ROE
-26.5%▲
2024 · -31.5%
Interest coverage
-127.38▼
2024 · -106.73
Debt ≤ 1 year
€280▼
2024 · €30,986
A ratio outside any meaningful range has been withheld (balance sheet total €64,544, equity €54,677).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88.1% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.0% went bankrupt
9.8% stopped otherwise
88.1% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 74.5% 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 4,805 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 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€109,734€64,544▼
Fixed assets21/28€3,045€1,886▼
Tangible fixed assets22/27€3,045€1,886▼
Furniture and vehicles24€3,045€1,886▼
Current assets29/58€106,689€62,658▼
Amounts receivable within one year40/41€68,021€50,130▼
Trade receivables40€16,349€16,349=
Other amounts receivable41€51,672€33,780▼
Cash at bank and in hand54/58€38,668€12,505▼
Deferred charges and accrued income490/1-€24
Equity and liabilities
Total equity and liabilities10/49€109,734€64,544▼
Equity10/15€69,161€54,677▼
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Reserves13€59,120€59,120=
Non-distributable reserves130/1€6,150€6,150=
Legal reserve130€6,150€6,150=
Distributable reserves133€52,970€52,970=
Profit (loss) carried forward14-€51,459-€65,944▼
Provisions and deferred taxes16€9,587€9,587=
Provisions for liabilities and charges160/5€9,587€9,587=
Major repairs and maintenance162€9,587€9,587=
Amounts payable17/49€30,986€280▼
Amounts payable within one year42/48€30,986€280▼
Trade debts44€1,039-
Suppliers440/4€1,039-
Taxes, remuneration and social security45€26,204-
Taxes450/3€26,204-
Other amounts payable47/48€3,743€280▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,160€1,160=
Other operating charges640/8€1,197€191▼
Non-recurring operating charges66A€869-
Gross operating margin9900-€18,764-€13,773▲
Operating profit (loss)9901-€21,990-€15,124▲
Financial income75/76B€401€749▲
Recurring financial income75€401€749▲
Financial charges65/66B€195€110▼
Recurring financial charges65€195€110▼
Profit (loss) for the period before taxes9903-€21,784-€14,485▲
Profit (loss) for the period9904-€21,784-€14,485▲
Profit (loss) for the period to be appropriated9905-€21,784-€14,485▲
Appropriation of the result
Profit (loss) to be appropriated9906-€51,459-€65,944▼
Profit (loss) brought forward from the previous period14P-€29,675-€51,459▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,063€3,063€563€683€120€120€1,160€1,160=
Provisions for liabilities and charges: additions (uses and reversals)635/8------€15,413---
Other operating charges640/8---€828€1,124€747€1,197€191▼ 84.1%
Non-recurring operating charges66A------€869--
Gross operating margin9900€181,166€119,312-€13,374-€34,174€141,796-€34,653-€18,764-€13,773▲ 26.6%
Operating profit (loss)9901€176,066€89,853-€15,225-€35,685€140,552-€20,106-€21,990-€15,124▲ 31.2%
Financial income75/76B---€3--€401€749▲ 86.9%
Recurring financial income75€1,110€26€4€3--€401€749▲ 86.9%
Financial charges65/66B---€3,223€6,029€258€195€110▼ 43.8%
Recurring financial charges65€11,109€1,914€235€2,979€6,029€258€195€110▼ 43.8%
Non-recurring financial charges66B---€244-----
Profit (loss) for the period before taxes9903€166,067€87,966-€15,456-€38,905€134,524-€20,364-€21,784-€14,485▲ 33.5%
Income taxes67/77€45,817€34,996€1,920-€20,456€5,748---
Profit (loss) for the period9904€120,251€52,970-€17,375-€38,905€114,067-€26,112-€21,784-€14,485▲ 33.5%
Profit (loss) for the period to be appropriated9905€120,251€52,970-€17,375-€38,905€114,067-€26,112-€21,784-€14,485▲ 33.5%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€496,864€386,592€231,305€480,538€269,497€249,859€109,734€64,544▼ 41.2%
Fixed assets21/28€4,190€1,126€563€1,109€989€869€3,045€1,886▼ 38.1%
Tangible fixed assets22/27€4,190€1,126€563€1,109€989€869€3,045€1,886▼ 38.1%
Plant, machinery and equipment23---€1,109€989€869---
Furniture and vehicles24------€3,045€1,886▼ 38.1%
Current assets29/58€492,675€385,466€230,742€479,430€268,508€248,989€106,689€62,658▼ 41.3%
Stocks and contracts in progress3€472,801€26,000€176,608€393,274-----
Stocks30/36---€393,274-----
Amounts receivable within one year40/41€4,270€201€15,164€14,146€51,779€77,103€68,021€50,130▼ 26.3%
Trade receivables40---€634€16,983€16,349€16,349€16,349=
Other amounts receivable41---€13,512€34,796€60,754€51,672€33,780▼ 34.6%
Cash at bank and in hand54/58€13,286€355,637€34,386€70,461€211,752€168,732€38,668€12,505▼ 67.7%
Deferred charges and accrued income490/1---€1,548€4,976€3,154-€24-
Equity and liabilities
Total equity and liabilities10/49€496,864€386,592€231,305€480,538€269,497€249,859€109,734€64,544▼ 41.2%
Equity10/15€120,401€173,371€155,996€117,091€231,158€205,046€69,161€54,677▼ 20.9%
Contributions10/11€61,500€61,500€61,500€61,500€61,500€61,500€61,500€61,500=
Capital10---€61,500€61,500€61,500€61,500€61,500=
Issued capital100---€61,500€61,500€61,500€61,500€61,500=
Reserves13€120,251€173,221€173,221€173,221€173,221€173,221€59,120€59,120=
Non-distributable reserves130/1---€6,150€6,150€6,150€6,150€6,150=
Legal reserve130---€6,150€6,150€6,150€6,150€6,150=
Distributable reserves133---€167,071€167,071€167,071€52,970€52,970=
Profit (loss) carried forward14-€61,350-€61,350-€78,725-€117,630-€3,563-€29,675-€51,459-€65,944▼ 28.1%
Provisions and deferred taxes16-€25,000€25,000€25,000€25,000€9,587€9,587€9,587=
Provisions for liabilities and charges160/5---€25,000€25,000€9,587€9,587€9,587=
Major repairs and maintenance162---€25,000€25,000€9,587€9,587€9,587=
Amounts payable17/49€376,464€188,221€50,309€338,448€13,339€35,225€30,986€280▼ 99.1%
Amounts payable after more than one year17---€323,000-----
Financial debts170/4---€323,000-----
Amounts payable within one year42/48€376,464€188,221€50,309€15,448€13,339€35,225€30,986€280▼ 99.1%
Trade debts44€13,959€3,207€3,097€6,779€5,228€4,389€1,039--
Suppliers440/4---€6,779€5,228€4,389€1,039--
Taxes, remuneration and social security45-----€26,204€26,204--
Taxes450/3-----€26,204€26,204--
Other amounts payable47/48---€8,669€8,111€4,633€3,743€280▼ 92.5%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€120,251€52,970-€17,375-€38,905€114,067-€26,112-€21,784-€14,485▲ 33.5%
+ Depreciation and write-downs630€4,063€3,063€563€683€120€120€1,160€1,160=
Operating cash flow (approximation)€124,314€56,033-€16,812-€38,222€114,187-€25,992-€20,624-€13,325▲ 35.4%
Investment in fixed assets (approximation)-€0€0-€1,229€0€0-€3,336€0-
Change in cash-€342,352-€321,251€36,075€141,291-€43,020-€130,064-€26,163▲ 79.9%

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

Latest 10 of 13 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 01-07-2026 2026-00232922
31-12-2024 micro format 29-08-2025 2025-00475200
31-12-2023 micro format 30-08-2024 2024-00455916
31-12-2022 micro format 31-08-2023 2023-00441100
31-12-2021 micro format 26-08-2022 2022-20396798
31-12-2020 micro format 23-07-2021 2021-40200601
31-12-2019 micro format 01-11-2020 2020-69000190
31-12-2018 micro format 30-07-2019 2019-41000368
31-12-2017 micro format 13-07-2018 2018-32500222
31-12-2016 micro format 23-03-2018 2018-07800267

Show all 13 filings

Similar companies · same sector, comparable size

Of the 29,202 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,153. 13,239 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.