FOR 2 PROJECTS
ActiveSummary
FOR 2 PROJECTS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-114k) and a net result of €-51k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0▼-11
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.7 against 0.84 in 2023; short-term debt: 135.5% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-35.5%
Return on assets
-15.9%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-114k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
22 d late
2023
112 d late
2022
92 d late
2021
86 d late
2020
59 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-114k▼ 81.0%
2023 · €-63k
2018: €131k
2019: €129k▼ -1.8% vs 2018
2020: €195k▲ +50.8% vs 2019
2021: €177k▼ -8.9% vs 2020
2022: €200k▲ +12.9% vs 2021highest in 7 years
2023: €-63k▼ -131% vs 2022
2024: €-114k▼ -81.0% vs 2023lowest in 7 years
2018 → 2024
Total assets
€320k▼ 29.8%
2023 · €455k
2018: €406k
2019: €515k▲ +26.9% vs 2018
2020: €588k▲ +14.2% vs 2019
2021: €669k▲ +13.7% vs 2020
2022: €725k▲ +8.4% vs 2021highest in 7 years
2023: €455k▼ -37.2% vs 2022
2024: €320k▼ -29.8% vs 2023lowest in 7 years
2018 → 2024
Net result
€-51k▲ 80.7%
2023 · €-263k
2018: €-13k
2019: €-2k▲ +81.4% vs 2018
2020: €66k▲ +2876% vs 2019highest in 7 years
2021: €-17k▼ -126% vs 2020
2022: €23k▲ +233% vs 2021
2023: €-263k▼ -1246% vs 2022lowest in 7 years
2024: €-51k▲ +80.7% vs 2023
2018 → 2024
Working capital
€-131k▼ 53.4%
2023 · €-85k
2018: €121k
2019: €140k▲ +14.9% vs 2018
2020: €177k▲ +26.6% vs 2019highest in 7 years
2021: €-60k▼ -134% vs 2020
2022: €-113k▼ -87.4% vs 2021
2023: €-85k▲ +24.7% vs 2022
2024: €-131k▼ -53.4% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€195k-€177k▼ 8.9%€200k▲ 12.9%€-63k€-114k▼ 81.0%
2020: €195k
2021: €177k▼ -8.9% vs 2020
2022: €200k▲ +12.9% vs 2021highest in 5 years
2023: €-63k▼ -131% vs 2022
2024: €-114k▼ -81.0% vs 2023lowest in 5 years
Operating result€88k-€72k▼ 19.0%€28k▼ 61.6%€-263k€-50k▲ 80.8%
2020: €88khighest in 5 years
2021: €72k▼ -19.0% vs 2020
2022: €28k▼ -61.6% vs 2021
2023: €-263k▼ -1055% vs 2022lowest in 5 years
2024: €-50k▲ +80.8% vs 2023
Net result€66k-€-17k€23k€-263k€-51k▲ 80.7%
2020: €66khighest in 5 years
2021: €-17k▼ -126% vs 2020
2022: €23k▲ +233% vs 2021
2023: €-263k▼ -1246% vs 2022lowest in 5 years
2024: €-51k▲ +80.7% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €50k in 2024 against €263k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €320k
Fixed assets
€17k ▼ 23.6%
Current assets
€302k ▼ 30.1%
Key figures and ratios
EBITDA
€-45k▲
2023 · €-258k
Cash flow
€-45k▲
2023 · €-258k
Solvency
-35.5%▼
2023 · -13.8%
Current ratio
0.70▼
2023 · 0.84
Quick ratio
0.42▼
2023 · 0.60
Debt to equity
-3.81▲
2023 · -8.26
ROA
-15.9%▲
2023 · -57.8%
Interest coverage
-134.17▲
2023 · -901.00
Debt
€433k▼
2023 · €518k
Debt ≤ 1 year
€433k▼
2023 · €518k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€455k€320k▼
Fixed assets21/28€22k€17k▼
Tangible fixed assets22/27€22k€16k▼
Plant, machinery and equipment23€20k€15k▼
Furniture and vehicles24€998€715▼
Other tangible fixed assets26€450€450=
Financial fixed assets28€700€700=
Current assets29/58€433k€302k▼
Stocks and contracts in progress3€120k€120k=
Stocks30/36€120k€120k=
Amounts receivable within one year40/41€301k€175k▼
Trade receivables40€40k€40k=
Other amounts receivable41€261k€135k▼
Cash at bank and in hand54/58€3k-
Deferred charges and accrued income490/1€9k€7k▼
Equity and liabilities
Total equity and liabilities10/49€455k€320k▼
Equity10/15€-63k€-114k▼
Contributions10/11€62k€62k=
Outside capital11€62k€62k=
Other1109/19€62k€62k=
Reserves13€5k€5k=
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Profit (loss) carried forward14€-130k€-181k▼
Amounts payable17/49€518k€433k▼
Amounts payable within one year42/48€518k€433k▼
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€179k€190k▲
Suppliers440/4€179k€190k▲
Taxes, remuneration and social security45€180k€175k▼
Taxes450/3€180k€175k▼
Other amounts payable47/48€159k€63k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€981€10k▲
Gross operating margin9900€-257k€-35k▲
Operating profit (loss)9901€-263k€-50k▲
Financial charges65/66B€286€337▲
Recurring financial charges65€286€337▲
Profit (loss) for the period before taxes9903€-263k€-51k▲
Profit (loss) for the period9904€-263k€-51k▲
Profit (loss) for the period to be appropriated9905€-263k€-51k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-130k€-181k▼
Profit (loss) brought forward from the previous period14P€133k€-130k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €2k | €4k | €5k | €5k | ▲ 0.3% |
| Other operating charges640/8 | - | €5k | €2k | €981 | €10k | ▲ 915% |
| Gross operating margin9900 | €96k | €79k | €34k | €-257k | €-35k | ▲ 86.3% |
| Operating profit (loss)9901 | €88k | €72k | €28k | €-263k | €-50k | ▲ 80.8% |
| Financial income75/76B | - | €6k | €8k | - | - | - |
| Recurring financial income75 | €12k | €6k | €8k | - | - | - |
| Financial charges65/66B | - | €1k | €316 | €286 | €337 | ▲ 17.7% |
| Recurring financial charges65 | €6k | €1k | €316 | €286 | €337 | ▲ 17.7% |
| Profit (loss) for the period before taxes9903 | €94k | €76k | €35k | €-263k | €-51k | ▲ 80.7% |
| Income taxes67/77 | €29k | €93k | €12k | - | - | - |
| Profit (loss) for the period9904 | €66k | €-17k | €23k | €-263k | €-51k | ▲ 80.7% |
| Profit (loss) for the period to be appropriated9905 | €66k | €-17k | €23k | €-263k | €-51k | ▲ 80.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €588k | €669k | €725k | €455k | €320k | ▼ 29.8% |
| Fixed assets21/28 | €18k | €238k | €314k | €22k | €17k | ▼ 23.6% |
| Tangible fixed assets22/27 | €17k | €15k | €23k | €22k | €16k | ▼ 24.3% |
| Plant, machinery and equipment23 | - | €13k | €21k | €20k | €15k | ▼ 24.7% |
| Furniture and vehicles24 | - | €2k | €1k | €998 | €715 | ▼ 28.4% |
| Other tangible fixed assets26 | - | €450 | €450 | €450 | €450 | = |
| Financial fixed assets28 | €700 | €223k | €291k | €700 | €700 | = |
| Current assets29/58 | €570k | €431k | €411k | €433k | €302k | ▼ 30.1% |
| Stocks and contracts in progress3 | €358k | €358k | €358k | €120k | €120k | = |
| Stocks30/36 | - | €358k | €358k | €120k | €120k | = |
| Amounts receivable within one year40/41 | €200k | €64k | €40k | €301k | €175k | ▼ 41.8% |
| Trade receivables40 | - | €64k | €40k | €40k | €40k | = |
| Other amounts receivable41 | - | - | - | €261k | €135k | ▼ 48.3% |
| Cash at bank and in hand54/58 | €4 | - | €2k | €3k | - | - |
| Deferred charges and accrued income490/1 | - | €9k | €11k | €9k | €7k | ▼ 21.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €588k | €669k | €725k | €455k | €320k | ▼ 29.8% |
| Equity10/15 | €195k | €177k | €200k | €-63k | €-114k | ▼ 81.0% |
| Contributions10/11 | - | €62k | €62k | €62k | €62k | = |
| Outside capital11 | - | - | - | €62k | €62k | = |
| Other1109/19 | - | - | - | €62k | €62k | = |
| Reserves13 | €5k | €5k | €5k | €5k | €5k | = |
| Non-distributable reserves130/1 | - | €5k | €5k | €5k | €5k | = |
| Reserves not available under the articles1311 | - | €5k | €5k | €5k | €5k | = |
| Profit (loss) carried forward14 | €128k | €110k | €133k | €-130k | €-181k | ▼ 39.1% |
| Amounts payable17/49 | €394k | €492k | €525k | €518k | €433k | ▼ 16.4% |
| Amounts payable within one year42/48 | €394k | €492k | €525k | €518k | €433k | ▼ 16.4% |
| Financial debts43 | - | €4k | - | - | €5k | - |
| Credit institutions430/8 | - | €4k | - | - | €5k | - |
| Trade debts44 | €224k | €223k | €225k | €179k | €190k | ▲ 6.2% |
| Suppliers440/4 | - | €223k | €225k | €179k | €190k | ▲ 6.2% |
| Taxes, remuneration and social security45 | - | €159k | €183k | €180k | €175k | ▼ 2.9% |
| Taxes450/3 | - | €159k | €183k | €180k | €175k | ▼ 2.9% |
| Other amounts payable47/48 | - | €105k | €117k | €159k | €63k | ▼ 60.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €66k | €-17k | €23k | €-263k | €-51k | ▲ 80.7% |
| + Depreciation and write-downs630 | €4k | €2k | €4k | €5k | €5k | ▲ 0.3% |
| Operating cash flow (approximation) | €69k | €-15k | €27k | €-258k | €-45k | ▲ 82.4% |
| Investment in fixed assets (approximation) | - | €-222k | €-80k | €286k | €0 | ▼ 100% |
| Change in cash | - | - | - | €775 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
20-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 112 days late
2023
31-12
Financial
Weakest financial yearnet €-263k
Net result drops to €-263k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
31-12
Financial
Equity above €200kEq €200k ▲12.9%
Equity rises from €177k to €200k.
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 86 days late
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
31-12
Financial
Back to profitnet €66k
Net result €66k after 2 loss-making years.
31-12
Financial
Equity above €150kEq €195k ▲50.8%
Equity rises from €129k to €195k.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 75 days late
Show earlier events
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has 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
3 acts for this company are 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, Antwerpen · 1 establishment unit since 2010
Ground area
471 m²
Building footprint
471 m²
Volume, LiDAR
5,564 m³
Parcel 11811L3652/00T003, Flanders · tallest building 15.8 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
FOR2
since 20102.187.360.787
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3652/00T003 | Flanders | 471 m² | 1 · 471 m² | 15.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Similar companies · same sector, comparable size
PESSOA EQUESTRIAN CONSULTING
BE 0828.361.984
Ukkel · Eq €200,368
WESRA CONSULTANCY
BE 0450.129.191
Ravels · Eq €200,417
STAN
BE 0819.478.269
Brecht · Eq €200,419
CC Management
BE 0698.851.841
Lubbeek · Eq €200,353
STANDING CARE
BE 0643.686.852
Rebecq · Eq €200,352
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,056 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded24-02-2010
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
41001General construction of residential buildings
46839Wholesale trade
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.