FG-Projets
ActiveFG-Projets has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27k and a net result of €66k. Its solvency ranks better than 28% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency52▼-46
Growth58
Track record82
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 3.66 in 2024; short-term debt: 40.9% and cash: 8.9% of total assets), and 73% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27%
Return on assets
66.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-07-2026, 19 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
19 d early
2024
9 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€27k▼ 9.0%
2024 · €30k
2024: €30k
2024 → 2025
Total assets
€100k▲ 147%
2024 · €41k
2024: €41k
2024 → 2025
Net result
€66k▲ 138%
2024 · €28k
2024: €28k
2024 → 2025
Working capital
€6k▼ 79.7%
2024 · €29k
2024: €29k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€30k-€27k▼ 9.0%
Operating result€35k-€85k▲ 143%
Net result€28k-€66k▲ 138%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 143% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €100k
Fixed assets
€53k▲ 7,891%
Current assets
€47k▲ 17.1%
Equity and liabilities €100k
Equity
€27k▼ 9.0%
Debt
€73k▲ 569%
The debt ratio rises from 26.9% to 73.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€93k▲
2024 · €35k
Cash flow
€74k▲
2024 · €28k
Solvency
27.0%▼
2024 · 73.1%
Current ratio
1.14▼
2024 · 3.66
Quick ratio
1.14▼
2024 · 3.66
Debt / equity
2.71▲
2024 · 0.37
ROE
245.8%▲
2024 · 93.9%
ROA
66.3%▼
2024 · 68.7%
Interest coverage
67.39
Debt
€73k▲
2024 · €11k
Debt ≤ 1 year
€41k▲
2024 · €11k
Debt > 1 year
€32k
Income taxes
€17k▲
2024 · €7k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€41k€100k▲
Fixed assets21/28€667€53k▲
Tangible fixed assets22/27€667€53k▲
Furniture and vehicles24€667€53k▲
Current assets29/58€40k€47k▲
Amounts receivable within one year40/41€30k€38k▲
Trade receivables40€9k€31k▲
Other amounts receivable41€21k€6k▼
Cash at bank and in hand54/58€10k€9k▼
Deferred charges and accrued income490/1-€120
Equity and liabilities
Total equity and liabilities10/49€41k€100k▲
Equity10/15€30k€27k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€28k€25k▼
Amounts payable17/49€11k€73k▲
Amounts payable after more than one year17-€32k
Financial debts170/4-€32k
Amounts payable within one year42/48€11k€41k▲
Current portion of amounts payable after more than one year42-€29k
Trade debts44€262€400▲
Suppliers440/4€262€400▲
Taxes, remuneration and social security45€11k€11k▲
Taxes450/3€11k€10k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48-€331
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16€8k▲
Other operating charges640/8€387€495▲
Gross operating margin9900€35k€93k▲
Operating profit (loss)9901€35k€85k▲
Financial charges65/66B-€1k
Recurring financial charges65-€1k
Profit (loss) for the period before taxes9903€35k€84k▲
Income taxes67/77€7k€17k▲
Profit (loss) for the period9904€28k€66k▲
Profit (loss) for the period to be appropriated9905€28k€66k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€94k▲
Profit (loss) brought forward from the previous period14P-€28k
Profit to be distributed694/7-€69k
Return on contributions (dividend)694-€69k
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
Next filing, fiscal year 2026, expected by
2026
12-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Thuin · 1 establishment unit since 2024
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.
Rue Emile Vandervelde(GOZ) 2/16534 ThuinGround area
324 m²
Parcel 56030B0194/00L000, Wallonia. Linked by address, not a title deed.
1 establishment unit
FG-Projets
since 20242.362.023.046
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56030B0194/00L000 | Wallonia | 324 m² | - | - |
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.
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 33,561 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-06-2024
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
55203Holiday cottages, homes and apartments
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82190Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.