FP Projects
ActiveSummary
FP Projects has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €721,164 and a net result of €156,837. Equity is growing by about 7.5% per year across the filed financial years. Its solvency ranks better than 95% of 11,742 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €721,164
- Profit
- €156,837
Why 98lowers riskLiquidity: current ratio 25.94, cash €498,156Equity €721,164 (94.5% of total assets)Size: total assets €763,230Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Show the evidence
Checked score
Fewer than 1 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 71, micro): better than 87% on solvency, 97% on liquidity, 70% on profitability and 73% on growth.
The bankruptcy probability was computed on 30-10-2026 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).
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Signals
This company filed its last 7 accounts on average 31 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2018 to 2025net €156,837 ▲96.1%
- Liquidity more than doubledcurrent ratio 25.94
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 98% 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 71, Architectural and engineering activities; technical testing and analysis: 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).
Peer companies
Historical observationOf the 20,136 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 20,136 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €11,000 | - | €23,981 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €57,495 | €56,240 | €63,785 | €53,590 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,052 | €21,880 | €24,114 | €25,297 | €34,932 | €39,732 | €36,743 | €19,159 | ▼ 47.9% |
| Other operating charges640/8 | - | - | - | €2,716 | €2,331 | €1,901 | €1,585 | €2,007 | ▲ 26.6% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €4,943 | €0 | ▼ 100% |
| Gross operating margin9900 | €180,085 | €169,631 | €175,850 | €236,756 | €208,421 | €244,491 | €205,479 | €236,291 | ▲ 15.0% |
| Operating profit (loss)9901 | €104,220 | €96,614 | €100,574 | €151,249 | €114,918 | €139,073 | €108,619 | €215,126 | ▲ 98.1% |
| Financial income75/76B | - | - | - | €988 | €717 | €1,115 | €8,638 | €16,093 | ▲ 86.3% |
| Recurring financial income75 | €1,109 | €70 | €692 | €988 | €717 | €1,115 | €8,638 | €16,093 | ▲ 86.3% |
| Financial charges65/66B | - | - | - | €2,324 | €2,485 | €4,230 | €4,285 | €4,781 | ▲ 11.6% |
| Recurring financial charges65 | €2,270 | €2,784 | €3,070 | €2,324 | €2,485 | €4,230 | €4,285 | €4,781 | ▲ 11.6% |
| Profit (loss) for the period before taxes9903 | €103,059 | €93,900 | €98,196 | €149,913 | €113,150 | €135,958 | €112,972 | €226,437 | ▲ 100% |
| Income taxes67/77 | €27,011 | €26,449 | €30,683 | €44,980 | €34,101 | €37,856 | €32,985 | €69,600 | ▲ 111% |
| Profit (loss) for the period9904 | €76,049 | €67,452 | €67,513 | €104,933 | €79,050 | €98,102 | €79,986 | €156,837 | ▲ 96.1% |
| Profit (loss) for the period to be appropriated9905 | €76,049 | €67,452 | €77,513 | €104,933 | €79,050 | €98,102 | €79,986 | €156,837 | ▲ 96.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €496,809 | €536,239 | €536,892 | €537,383 | €606,195 | €634,452 | €633,531 | €763,230 | ▲ 20.5% |
| Fixed assets21/28 | €129,650 | €127,261 | €131,539 | €167,559 | €149,109 | €163,658 | €168,595 | €76,694 | ▼ 54.5% |
| Tangible fixed assets22/27 | €129,650 | €127,261 | €131,539 | €167,559 | €149,109 | €163,658 | €168,595 | €76,694 | ▼ 54.5% |
| Land and buildings22 | - | - | - | €82,960 | €77,428 | €77,764 | €70,928 | €64,092 | ▼ 9.6% |
| Plant, machinery and equipment23 | - | - | - | €28,771 | €31,290 | €23,088 | €53,424 | €3,389 | ▼ 93.7% |
| Furniture and vehicles24 | - | - | - | €55,827 | €40,391 | €62,807 | €44,243 | €9,214 | ▼ 79.2% |
| Current assets29/58 | €367,159 | €408,978 | €405,353 | €369,825 | €457,086 | €470,794 | €464,936 | €686,536 | ▲ 47.7% |
| Amounts receivable within one year40/41 | €83,060 | €57,284 | €48,915 | €56,068 | €47,698 | €41,735 | €40,370 | €9,161 | ▼ 77.3% |
| Trade receivables40 | - | - | - | €56,068 | €47,698 | €41,735 | €40,370 | €9,161 | ▼ 77.3% |
| Current investments50/53 | - | - | - | - | €11,837 | €297,349 | €300,308 | €179,219 | ▼ 40.3% |
| Cash at bank and in hand54/58 | €284,002 | €351,682 | €338,688 | €313,548 | €396,927 | €130,621 | €124,258 | €498,156 | ▲ 301% |
| Deferred charges and accrued income490/1 | - | - | - | €210 | €623 | €1,089 | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €496,809 | €536,239 | €536,892 | €537,383 | €606,195 | €634,452 | €633,531 | €763,230 | ▲ 20.5% |
| Equity10/15 | €367,290 | €379,742 | €422,255 | €447,189 | €461,739 | €484,341 | €564,327 | €721,164 | ▲ 27.8% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €348,690 | €361,142 | €403,655 | €428,589 | €443,139 | €465,741 | €545,727 | €702,564 | ▲ 28.7% |
| Non-distributable reserves130/1 | - | - | - | €16,530 | €16,530 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €16,530 | €16,530 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €42 | €42 | €42 | €42 | €42 | = |
| Distributable reserves133 | - | - | - | €412,017 | €426,567 | €465,699 | €545,685 | €702,522 | ▲ 28.7% |
| Amounts payable17/49 | €129,519 | €156,497 | €114,637 | €90,195 | €144,456 | €150,111 | €69,204 | €42,066 | ▼ 39.2% |
| Amounts payable after more than one year17 | €86,272 | €74,431 | €64,992 | €55,372 | €45,570 | €35,584 | €25,405 | €15,033 | ▼ 40.8% |
| Financial debts170/4 | - | - | - | €55,372 | €45,570 | €35,584 | €25,405 | €15,033 | ▼ 40.8% |
| Amounts payable within one year42/48 | €42,552 | €81,497 | €49,085 | €34,822 | €98,886 | €114,528 | €43,533 | €26,467 | ▼ 39.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €9,619 | €9,802 | €9,986 | €10,179 | €10,372 | ▲ 1.9% |
| Trade debts44 | €13,375 | €6,100 | €2,409 | €7,281 | €5,175 | €3,399 | €13,307 | €2,398 | ▼ 82.0% |
| Suppliers440/4 | - | - | - | €7,281 | €5,175 | €3,399 | €13,307 | €2,398 | ▼ 82.0% |
| Taxes, remuneration and social security45 | - | - | - | €16,296 | €21,107 | €27,398 | €15,402 | €10,718 | ▼ 30.4% |
| Taxes450/3 | - | - | - | €12,204 | €16,350 | €20,715 | €12,053 | €7,368 | ▼ 38.9% |
| Remuneration and social security454/9 | - | - | - | €4,092 | €4,757 | €6,683 | €3,349 | €3,349 | = |
| Other amounts payable47/48 | - | - | - | €1,626 | €62,801 | €73,744 | €4,645 | €2,979 | ▼ 35.9% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €266 | €566 | ▲ 113% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €76,049 | €67,452 | €67,513 | €104,933 | €79,050 | €98,102 | €79,986 | €156,837 | ▲ 96.1% |
| + Depreciation and write-downs630 | €22,052 | €21,880 | €24,114 | €25,297 | €34,932 | €39,732 | €36,743 | €19,159 | ▼ 47.9% |
| Operating cash flow (approximation) | €98,100 | €89,332 | €91,628 | €130,230 | €113,982 | €137,834 | €116,729 | €175,996 | ▲ 50.8% |
| Investment in fixed assets (approximation) | - | -€19,491 | -€28,393 | -€61,316 | -€16,483 | -€54,281 | -€41,679 | €72,741 | - |
| Change in cash | - | €67,680 | -€12,994 | -€25,140 | €83,379 | -€266,306 | -€6,363 | €373,898 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 24-06-2026 | 2026-00191154 |
| 31-12-2024 | micro format | 08-07-2025 | 2025-00245263 |
| 31-12-2023 | micro format | 27-06-2024 | 2024-00178903 |
| 31-12-2022 | micro format | 30-06-2023 | 2023-00194597 |
| 31-12-2021 | micro format | 05-07-2022 | 2022-20150526 |
| 31-12-2020 | micro format | 22-06-2021 | 2021-23100248 |
| 31-12-2019 | micro format | 02-07-2020 | 2020-25600237 |
| 31-12-2018 | micro format | 09-07-2019 | 2019-30400211 |
| 31-12-2017 | micro format | 29-06-2018 | 2018-26000105 |
| 31-12-2016 | micro format | 29-06-2017 | 2017-24100106 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| PELCKMANS,Frans Joannes Marie-Thérèse |
|
Owners and capital
Capital and shareholders
- 05-12-2023 Converted to unavailable equity · €35,130
- 05-12-2023 Converted to available equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
27-01
Gazette deed
Amendment of the articles · NameName change1 fact ▸
- Name change, FP Projects
05-12
Gazette deed
Resignation: PELCKMANS,Frans Joannes Marie-Thérèse (manager)Appointment: PELCKMANS,Frans Joannes Marie-Thérèse (director) · Amendment of the articles · Capital conversion7 facts ▸
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital conversion, “beschikbaar eigen vermogen” (deed in Dutch)
- Capital
- Director resignation, PELCKMANS,Frans Joannes Marie-Thérèse (manager)
- Director appointment, PELCKMANS,Frans Joannes Marie-Thérèse (director (not named in the articles))
- Registered office clause, “Molenstraat 28,2460 Kasterlee” (deed in Dutch)
Show earlier events
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 3 have 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 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0473.351.684
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 |
|---|---|---|---|---|
| 13018B0236/00B000 | Flanders | 809 m² | 1 · 159 m² | 0.0 m |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Onderneming voor de detectie en opsporing van leidingen en buizen alsook van mogelijke lekken en storingen; Ontstoppingsdienst; Aanneming…” (deed in Dutch)deed of 05-12-2023
5 activities (deed in Dutch)
- Onderneming voor de detectie en opsporing van leidingen en buizen alsook van mogelijke lekken en storingen.
- Ontstoppingsdienst
- Aanneming van alle loodgieterswerken:de installatie van verwarming,klimaatregeling en ventilatie;de installatie in gebouwen en andere bouwwerken van apparatuur(inclusief regelapparatuur)en leidingen voor verwarming,ventilatie,koeling en klimaatregeling;alle overige loodgieterswerken:de installatie in gebouwen en andere bouwwerken van waterleidingen,artikelen en apparaten voor sanitair gebruik,sprinklerinstallaties,gasaansluitingen,leidingen voor diverse gassen.
- Aanneming van isolatiewerkzaamheden:het aanbrengen in gebouwen en andere bouwwerken van thermische isolatiemateriaal–isolatiemateriaal tegen geluid en trillingen;isolatiewerkzaamheden aan verwarmingsleidingen en leidingen van koelsystemen;de isolatie van koelkamers en–pakhuizen.
- Onderneming voor dakbedekking en bouw van dakconstructies:de bouw van daken;het plaatsen van dakbedekking van ongeacht welk materiaal;het plaatsen van dakgoten en regenafvoerbuizen;het waterdicht maken van daken en dakterrassen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimiteddeed of 05-12-2023
- Name clauseThe name the company operates under according to its articles.
- FP Projectsdeed of 27-01-2025
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)deed of 05-12-2023
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 20:00