The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
XXVisible after signing in
HiddenVisible after signing in
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
XXVisible after signing in
Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
XXVisible after signing in
XXVisible after signing in
XXVisible after signing in
Score breakdown
Visible after signing inVisible after signing in
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as Fierce Projects has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Micro
2 to 5 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the 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%
0.9%
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%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for Fierce Projects. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
Visible after signing inVisible after signing in
Credit check for an amount and term of your choice
Registered office moved within Hoogstraten
New registered office: Nachtegaallaan 14, 2321 Hoogstraten · Previous registered office: Burgemeester J.Van Aperenstraat 43, 2320 Hoogstraten · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1003884078
Incorporation
Founding capital of €100, 100 shares · Founder: Name hiddenVisible after signing in (comparant) · Appointment: Hidden nameVisible after signing in (director) · published on 28-12-2023 · Gazette deed
First establishment
Nachtegaallaan 14, Hoogstraten
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as Fierce Projects: agents in the wholesale of furniture, household goods and hardware (NACE 46150). They are comparable in size and age: total assets between €107,000 and €170,000, founded between 2023 and 2024.
Fierce Projects has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68,678 and a net result of €80,102.
Its solvency ranks better than 67% of 9,905 sector peers (NACE 46, financial year 2025).
abbreviated format, filed on 01-07-2026, 30 days before the deadline
Abbreviated and micro format
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €490,000. Estimated: probably between €220,000 and €1.3m.
Balance sheet
balance sheet total €113,794 on 31-12-2025
What the company ownsHow it is paid for
in euro
in euro
Position in the sector
Sector peers
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
per financial year, computed from the annual accounts
Line
Trend
2025
2024
97,413
-
80,137
-
814
-
39,334
-
67,899
-11,424
60.4%
-
2.50
-
0.66
-
116.6%
-
70.4%
-
over 100
-
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
2025
2024
Tangible fixed assets
€814
-
€35
-
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on Fierce Projects
The operating result for 2025 is a profit of €97,378, after a loss of €11,524 in 2024.
Debt's share of the balance-sheet total is 39.6%.
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
1 name, the dashed line is today
202320242025202620272028
Name after signing inVisible after signing in Director (not named in the articles)
Board
Mandates as a list
Name hiddenVisible after signing in
Director (not named in the articles), from 26-12-2023 to date
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Thursday of June at 18:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
Hidden nameVisible after signing insole founder · 100% at incorporation
Network & group
No group
Fierce Projects has no parent and no holdings in its annual accounts. Name after signing inVisible after signing in is the only director. Fierce Projects shares no director with another company.
At the same address
At the same address
These companies are registered at the seat of Fierce Projects today. That says who is based there, not who owns the building.
Back to profitnet €80,102 The net result is €80,102, after one loss-making year.
Liquidity more than 33 timescurrent ratio 2.50 The current ratio rises from 0.07 to 2.50.
Registered in the Peppol Directory Reachable for e-invoices through 0208:1003884078
Annual accounts 2024 filedPDFabbreviated format · 12 days late
2023
IncorporationFounding capital of €100, 100 shares · Founder: Name after signing inVisible after signing in (comparant) · Appointment: Name hiddenVisible after signing in (director) · published on 28-12-20235 points ▸
Founder, Hidden nameVisible after signing in (comparant)
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
Fierce Projects was incorporated on 26 December 2023 as a private limited company by one natural person, with a starting capital of €100.12The registered office was moved to Hoogstraten in 2026.3Since 2023, Name hiddenVisible after signing in has served as director.4
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
74109Other professional, scientific and technical activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Alle activiteiten van een interieurarchitect: het inrichten van private, commerciële en publieke ruimten (woningen, burelen, winkels…”
7 activities
Alle activiteiten van een interieurarchitect: het inrichten van private, commerciële en publieke ruimten (woningen, burelen, winkels, openbare gebouwen …), het uitvoeren van studies, het ontwerpen, het verlenen van advies, het toezicht houden op de werkzaamheden en dergelijke meer.
Handelsbemiddeling, groot- en kleinhandel in meubelen, huishoudelijke artikelen, huishoudtextiel, beddengoed, enz.
Het uitvoeren van of deelnemen aan de organisatie, herstructurering of leiding, door het geven van adviezen op technisch, commercieel, juridisch en financieel gebied, door het verstrekken van advies inzake bedrijfsbeheer en in het algemeen consultancy; dit alles in de breedste zin, zodat alles gedaan kan worden dat het ontstaan, de uitbating, de groei en het welzijn van een onderneming en de belangen van haar eigenaars en betrokkenen ten goede kan komen.
Het bouwen en laten bouwen, het verwerven, beheren, exploiteren, huren en verhuren, vervreemden van onroerende goederen en zaken in het binnen en buitenland, hetzij voor eigen rekening hetzij voor rekening van derden en alle activiteiten die hiermee samenhangen.
Het deelnemen in en het financieren van andere ondernemingen van welke aard ook, het instaan voor schulden van derden, het beleggen van vermogen voor eigen rekening, zomede al hetgeen met het vorenstaande verband houdt of daartoe bevorderlijk kan zijn.
Het toestaan van leningen, kredieten of enige andere vorm van financiering , in de breedst mogelijke zin van het woord en onder welke vorm ook, en het stellen van persoonlijke en zakelijke zekerheden aan al dan niet verbonden vennootschappen, verenigingen of andere entiteiten of personen met of zonder rechtspersoonlijkheid zowel in België als in het buitenland, met uitzondering van die transacties die wettelijk zijn voorbehouden aan banken en andere financiële instellingen.
Het bemiddelen, in opdracht van derden, van overeenkomsten of diensten, het aanbrengen van zaken, cliënten financiers of andere in de breedste zin. Hieronder kunnen worden begrepen alle transacties of handelingen die kaderen in een commissie-, agentuur-, distributie-, concessie-, of lastgevingsovereenkomst of enige andere overeenkomst waarbij de vennootschap als tussenpersoon, aanbrenger of distributeur optreedt.