Focus Projects
ActiveSummary
Focus Projects has been active since 2019 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €529,672 and a net result of €435,660. Equity is growing by about 37% per year across the filed financial years. Its solvency ranks better than 54% of 640 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Staff
- 3.1 FTE
- Equity
- €529,672
- Profit
- €435,660
Why 86raises riskEx-officio strike-off in the KBOFigures for financial year 2025 (filed 29-10-2025)lowers riskSector: Arts creation and performing arts activities (NACE 90)Size: 3.1 FTE, total assets €1.1mShow the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 90, micro): better than 50% on solvency, 27% on liquidity, 91% on profitability and 76% on growth.
The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 6 accounts on average 3 days before the deadline; the sector median (NACE 90) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Highest result from 2020 to 2025net €435,660 ▲232%
- Equity above €500,000equity €529,672 ▲30.5%
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result has risen four years in a row; 2025 is 173% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 90, Arts creation and performing arts activities: 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), Staff (FTE).
- 2025 Net result +232% on 2024. The accounts now follow the abbreviated format, last year the micro format.
Peer companies
Historical observationOf the 26,972 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
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 26,972 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €10,431 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €24,032 | €86,972 | €161,518 | ▲ 85.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39,091 | €40,287 | €44,263 | €55,317 | €66,675 | €46,346 | ▼ 30.5% |
| Other operating charges640/8 | - | - | €2,417 | €4,160 | €4,505 | €6,625 | ▲ 47.0% |
| Gross operating margin9900 | €97,075 | €90,182 | €94,951 | €175,545 | €333,106 | €692,339 | ▲ 108% |
| Operating profit (loss)9901 | €57,327 | €46,931 | €48,271 | €92,036 | €174,953 | €477,851 | ▲ 173% |
| Financial income75/76B | - | - | €1,522 | €4,470 | €5,764 | €4,626 | ▼ 19.8% |
| Recurring financial income75 | €430 | €363 | €1,522 | €4,470 | €5,764 | €4,626 | ▼ 19.8% |
| Financial charges65/66B | - | - | €2,098 | €4,387 | €4,647 | €3,478 | ▼ 25.2% |
| Recurring financial charges65 | €1,359 | €2,456 | €2,098 | €4,387 | €4,647 | €3,478 | ▼ 25.2% |
| Profit (loss) for the period before taxes9903 | €56,399 | €44,838 | €47,695 | €92,120 | €176,071 | €478,999 | ▲ 172% |
| Income taxes67/77 | €8,278 | €5,877 | €7,463 | €14,721 | €44,771 | €43,338 | ▼ 3.2% |
| Profit (loss) for the period9904 | €48,121 | €38,960 | €40,233 | €77,399 | €131,299 | €435,660 | ▲ 232% |
| Profit (loss) for the period to be appropriated9905 | €48,121 | €38,960 | €40,233 | €77,399 | €131,299 | €435,660 | ▲ 232% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €0.3m | €0.3m | €0.4m | €0.6m | €0.9m | €1.1m | ▲ 24.5% |
| Fixed assets21/28 | €0.2m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 3.6% |
| Intangible fixed assets21 | - | - | - | €0.002m | €0.001m | €0.001m | ▼ 61.1% |
| Tangible fixed assets22/27 | €0.2m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 4.2% |
| Plant, machinery and equipment23 | - | - | €0.08m | €0.09m | €0.1m | €0.1m | ▲ 21.9% |
| Furniture and vehicles24 | - | - | €0.005m | €0.006m | €0.008m | €0.01m | ▲ 12.1% |
| Leasing and similar rights25 | - | - | €0.008m | €0.02m | €0.02m | €0.01m | ▼ 32.8% |
| Other tangible fixed assets26 | - | - | €0.02m | €0.05m | €0.06m | €0.05m | ▼ 16.1% |
| Financial fixed assets28 | €0.006m | €0.006m | €0.006m | €0.009m | €0.009m | €0.009m | ▲ 0.3% |
| Current assets29/58 | €0.1m | €0.2m | €0.3m | €0.4m | €0.7m | €0.9m | ▲ 30.2% |
| Stocks and contracts in progress3 | €0.01m | €0.01m | €0.01m | €0.06m | €0.07m | €0.07m | ▼ 6.8% |
| Stocks30/36 | - | - | €0.01m | €0.06m | €0.07m | €0.07m | ▼ 6.8% |
| Amounts receivable within one year40/41 | €0.05m | €0.03m | €0.09m | €0.1m | €0.4m | €0.5m | ▲ 31.3% |
| Trade receivables40 | - | - | €0.08m | €0.1m | €0.4m | €0.5m | ▲ 34.4% |
| Other amounts receivable41 | - | - | €0.006m | €0.01m | €0.02m | €0.01m | ▼ 33.1% |
| Current investments50/53 | - | - | - | - | €0.01m | €0.2m | ▲ 21× |
| Cash at bank and in hand54/58 | €0.08m | €0.1m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 52.2% |
| Deferred charges and accrued income490/1 | - | - | €0.004m | €0.004m | €0.01m | €0.02m | ▲ 25.3% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €0.3m | €0.3m | €0.4m | €0.6m | €0.9m | €1.1m | ▲ 24.5% |
| Equity10/15 | €0.1m | €0.2m | €0.2m | €0.3m | €0.4m | €0.5m | ▲ 30.5% |
| Contributions10/11 | - | €0.06m | €0.06m | €0.06m | €0.07m | €0.07m | = |
| Capital10 | - | - | €0.06m | €0.06m | €0.07m | €0.07m | = |
| Issued capital100 | - | - | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Uncalled capital101 | - | - | €0.006m | €0.006m | - | - | - |
| Reserves13 | €0.05m | €0.09m | €0.1m | €0.2m | €0.3m | €0.5m | ▲ 36.8% |
| Non-distributable reserves130/1 | - | - | €0.007m | €0.007m | €0.007m | €0.02m | ▲ 143% |
| Legal reserve130 | - | - | €0.007m | €0.007m | €0.007m | €0.007m | = |
| Own shares acquired1312 | - | - | - | - | - | €0.01m | - |
| Distributable reserves133 | - | - | €0.1m | €0.2m | €0.3m | €0.4m | ▲ 34.5% |
| Amounts payable17/49 | €0.2m | €0.2m | €0.2m | €0.3m | €0.5m | €0.6m | ▲ 19.6% |
| Amounts payable after more than one year17 | €0.1m | €0.1m | €0.08m | €0.1m | €0.1m | €0.2m | ▲ 19.3% |
| Financial debts170/4 | - | - | €0.08m | €0.1m | €0.1m | €0.2m | ▲ 19.3% |
| Amounts payable within one year42/48 | €0.08m | €0.07m | €0.1m | €0.2m | €0.4m | €0.4m | ▲ 19.7% |
| Current portion of amounts payable after more than one year42 | - | - | €0.03m | €0.05m | €0.08m | €0.07m | ▼ 6.1% |
| Financial debts43 | - | - | - | €137 | - | - | - |
| Credit institutions430/8 | - | - | - | €137 | - | - | - |
| Trade debts44 | €0.04m | €0.03m | €0.1m | €0.2m | €0.3m | €0.3m | ▲ 21.9% |
| Suppliers440/4 | - | - | €0.1m | €0.2m | €0.3m | €0.3m | ▲ 21.9% |
| Taxes, remuneration and social security45 | - | - | €0.008m | €0.02m | €0.03m | €0.04m | ▲ 66.7% |
| Taxes450/3 | - | - | €0.008m | €0.02m | €0.01m | €0.03m | ▲ 95.8% |
| Remuneration and social security454/9 | - | - | - | €0.003m | €0.01m | €0.01m | ▲ 28.9% |
| Other amounts payable47/48 | - | - | €133 | - | €0.003m | €0.005m | ▲ 75.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €48,121 | €38,960 | €40,233 | €77,399 | €131,299 | €435,660 | ▲ 232% |
| + Depreciation and write-downs630 | €39,091 | €40,287 | €44,263 | €55,317 | €66,675 | €46,346 | ▼ 30.5% |
| Operating cash flow (approximation) | €87,212 | €79,248 | €84,496 | €132,715 | €197,974 | €482,006 | ▲ 143% |
| Investment in fixed assets (approximation) | - | -€19,351 | -€20,599 | -€114,078 | -€77,013 | -€53,363 | ▲ 30.7% |
| Change in cash | - | €48,421 | €53,321 | €36,670 | -€6,810 | -€110,126 | ▼ 1,517% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2025 | abbreviated format | 29-10-2025 | 2025-00552043 |
| 31-03-2024 | micro format | 31-10-2024 | 2024-00522189 |
| 31-03-2023 | micro format | 30-10-2023 | 2023-00501984 |
| 31-03-2022 | micro format | 22-10-2022 | 2022-20470007 |
| 31-03-2021 | micro format | 11-02-2022 | 2022-05500120 |
| 31-03-2020 | micro format | 12-07-2020 | 2020-29500464 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · €846 awarded · €759 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 1 | €652 | €565 |
| 2022 | 1 | €194 | €194 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MG SUPPORT |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
12-03
Gazette deed
Resignation: MG SUPPORT (director)Permanent representative: GEENS Mattijs Karel Lieve · Amendment of the articles · Registered-office move7 facts ▸
- General meeting, 06-03-2024
- Amendment of the articles (2 times)
- Registered-office move, Gulkenrodestraat 7 bus 7B,2160 Wommelgem
- Director resignation, MG SUPPORT (director)
- Permanent representative, GEENS Mattijs Karel Lieve
- Registered office clause, “A” (deed in Dutch)
- Capital, €70,000
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11052D0041/00G000 | Flanders | 1.8 ha | 1 · 4,001 m² | 8.6 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Organiseren en verzorgen van bruiloften, banketten, cocktails, lunches, recepties, enz; Ontwerp en bouw van podia; Verhuur en lease en…” (deed in Dutch)
44 activities (deed in Dutch)
- Organiseren en verzorgen van bruiloften, banketten, cocktails, lunches, recepties, enz.
- Ontwerp en bouw van podia
- Verhuur en lease en verkoop van roerende goederen die dienen voor de exploitatie of organisatie van beurzen en evenementen
- Verhuur en verkoop van decors
- Verhuur en lease en verkoop van tenten
- Verhuur en verkoop van theaterkostuums, carnavalkleding, ceremoniekleding, sieraden, enz.
- Verhuur en lease en verkoop van andere consumentenartikelen, n.e.g.
- Verhuur en lease en verkoop van televisietoestellen en andere audio- en videoapparatuur
- Verhuur en operationele leasing en verkoop zonder bedieningspersoneel van tenten voor tentoonstellingen, bedrijfsfeesten, concerten, enz.
- Diverse administratieve activiteiten ten behoeve van kantoren
- Gespecialiseerde beeld-, verlichtings- en geluidstechnieken
- Promotie en organisatie van sportevenementen, als zelfstandige activiteit of voor rekening van derden
- Promotie en organisatie van uitvoerende kunstevenementen
- Ontwerpen en voeren van reclame- en promotiecampagnes voor derden via de verschillende media
- Activiteiten van decorateur-etalagisten
- Verhuur en verkoop van textiel, kleding en schoeisel
- Overige dienstverlenende activiteiten op het gebied van informatie, n.e. g
- Ontwerpen en programmeren van computerprogramma's
- Vervaardiging van metalen en houten constructiewerken of gebinten voor de bouw en de organisatie, ondersteuning of exploitatie van evenementen
- Overige ondersteunende activiteiten voor de uitvoerende kunsten
- Installatie van elektrische bedrading en toebehoren
- Installatie van de bedrading voor telefooninstallaties en computersystemen
- Aanbrengen in gebouwen en andere bouwwerken van : - thermische isolatiemateriaal - isolatiemateriaal tegen geluid en trillingen
- Groothandel in weefsels, stoffen en fournituren
- Bieden van overig amusement
- Organisatie van congressen en beurzen
- Overige menselijke gezondheidszorg, n.e.g.
- Verhuur en exploitatie of verkoop van eigen of geleased residentieel onroerend goed
- Aanbieden van reclameruimte op panelen, rond sportvelden, in stationshallen, enzovoorts
- Verkopen van tijd en ruimte voor publiciteit in de diverse media (advertentie-acquisitie), luchtreclame
- Concipiëren van reclametechnieken die ernaar streven de individuele consument te benaderen (direct marketing) door middel van geadresseerde reclame (direct mailing), telefonische koopvoorstellen, enz.
- Managementactiviteiten van holdings : tussenkomen in het dagelijks bestuur, vertegenwoordigen van bedrijven op grond van bezit van of controle over het kapitaal, enz.
- Aankoop, verkoop en verhuring van bloemen en decoratie
- Groothandel en detailhandel in decors en zulke accessoires
- Groothandel in bloemen en planten
- Schrijnwerk
- Loodgieterswerk
- Elektrotechnische installatiewerken aan gebouwen of podia
- Onderneming voor de installatie van hulpvoedingssystemen (generatoraggregaten)
- Onderneming voor de installatie van liften en roltrappen
- Installatie van industriële machines, toestellen en werktuigen
- Algemene bouw van residentiële gebouwen
- Algemene bouw van kantoorgebouwen
- Algemene bouw van andere niet-residentiële gebouwen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Focus Projects
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bevoegd om bij gewoon besluit bijkantoren,bedrijfs- en administratieve zetels,filialen,agentschappen,werkplaatsen en/of…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Minimum aantal door wet voorgeschreven, te allen tijde zonder opgave van redenen met onmiddellijke ingang door algemene vergadering” (deed in Dutch)“Vergoeding bestuurders, andersluidende beslissing algemene vergadering” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Anders bepaald in bestaande of nog af te sluiten aandeelhoudersovereenkomst, geen beperking” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Thursday of June
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Een of meer, benoeming vereffenaars” (deed in Dutch)“Bevoegdheden vereffenaars, alle verrichtingen vermeld in de wet” (deed in Dutch)