FROJECTS
ActiveFROJECTS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €759k and a net result of €42k. Equity is growing by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 68% of 3668 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+22
Solvency72▼-28
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 1.87 against 3.98 in 2024; short-term debt: 46.6% and cash: 0.8% of total assets), but 52.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
47.3%
Return on assets
2.6%
Age of the figures
9 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
27 d early
2023
28 d late
2022
30 d late
2021
31 d late
2020
62 d late
2019
91 d late
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€42k▼ 20.0%
2024 · €52k
2018: €-7k
2019: €52k
2020: €60k
2021: €200k
2022: €70k
2023: €60k
2024: €52k
2018 → 2025
Working capital
€652k▲ 8.9%
2024 · €599k
2018: €149k
2019: €224k
2020: €304k
2021: €516k
2022: €579k
2023: €521k
2024: €599k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€535k-€605k▲ 13.1%€665k▲ 9.9%€717k▲ 7.8%€759k▲ 5.8%
Operating result€270k-€106k▼ 60.9%€117k▲ 11.1%€134k▲ 14.7%€70k▼ 48.0%
Net result€200k-€70k▼ 65.0%€60k▼ 14.3%€52k▼ 13.3%€42k▼ 20.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 48% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.55M
Fixed assets
€147k▲ 138%
Current assets
€1.40M▲ 75.0%
Equity and liabilities €1.60M
Equity
€759k▲ 5.8%
Provisions
€82k
Debt
€764k▲ 231%
The debt ratio rises from 24.4% to 47.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€128k▼
2024 · €183k
Cash flow
€99k▼
2024 · €101k
Solvency
47.3%▼
2024 · 75.6%
Current ratio
1.87▼
2024 · 3.98
Quick ratio
1.86▼
2024 · 3.93
Debt / equity
1.01▲
2024 · 0.32
ROE
5.5%▼
2024 · 7.3%
ROA
2.6%▼
2024 · 5.5%
Interest coverage
10.83▲
2024 · 2.98
Debt
€764k▲
2024 · €231k
Debt ≤ 1 year
€747k▲
2024 · €201k
Debt > 1 year
€17k▼
2024 · €30k
Income taxes
€17k▼
2024 · €21k
Staff costs
€997k▲
2024 · €853k
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€948k€1.60M▲
Formation expenses20€87k€58k▼
Fixed assets21/28€62k€147k▲
Tangible fixed assets22/27€61k€127k▲
Plant, machinery and equipment23€30k€26k▼
Furniture and vehicles24€17k€93k▲
Other tangible fixed assets26€15k€9k▼
Financial fixed assets28€500€20k▲
Current assets29/58€799k€1.40M▲
Stocks and contracts in progress3€10k€10k=
Stocks30/36€10k€10k=
Amounts receivable within one year40/41€646k€1.38M▲
Trade receivables40-€8k
Other amounts receivable41€646k€1.37M▲
Cash at bank and in hand54/58€143k€13k▼
Equity and liabilities
Total equity and liabilities10/49€948k€1.60M▲
Equity10/15€717k€759k▲
Contributions10/11€19k€19k=
Reserves13€698k€740k▲
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€697k€740k▲
Provisions and deferred taxes16-€82k
Provisions for liabilities and charges160/5-€82k
Other liabilities and charges164/5-€82k
Amounts payable17/49€231k€764k▲
Amounts payable after more than one year17€30k€17k▼
Financial debts170/4€30k€17k▼
Amounts payable within one year42/48€201k€747k▲
Current portion of amounts payable after more than one year42-€18k
Trade debts44€112k€0▼
Suppliers440/4€109k€0▼
Bills of exchange payable441€3k-
Taxes, remuneration and social security45€89k€86k▼
Taxes450/3€51k€39k▼
Remuneration and social security454/9€38k€46k▲
Other amounts payable47/48-€643k
Income statement
Code20242025
Remuneration, social security and pensions62€853k€997k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€58k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€82k
Other operating charges640/8€3k€5k▲
Gross operating margin9900€1.04M€1.21M▲
Operating profit (loss)9901€134k€70k▼
Financial income75/76B€44€64▲
Recurring financial income75€44€64▲
Financial charges65/66B€61k€12k▼
Recurring financial charges65€61k€12k▼
Profit (loss) for the period before taxes9903€73k€58k▼
Income taxes67/77€21k€17k▼
Profit (loss) for the period9904€52k€42k▼
Profit (loss) for the period to be appropriated9905€52k€42k▼
Appropriation of the result
Profit (loss) to be appropriated9906€52k€42k▼
Transfer to equity691/2€52k€42k▼
To other reserves6921€52k€42k▼
The notes to these accounts (14 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €200k ▲233%
Operating result €270k, net result €200k, both a record.
31-12
Financial
Equity above €500kEq €535k ▲59.7%
3 profitable years in a row build equity to €535k.
01-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 62 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
31-12
Financial
Back to profitnet €52k
Net result €52k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Bierbeek · 1 establishment unit since 2007
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.
Dorpsstraat 143360 BierbeekGround area
1,022 m²
Building footprint
493 m²
Volume, LiDAR
3,302 m³
Parcel 24011D0203/00G000, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IN DE MOLEN
since 20072.173.389.423
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24011D0203/00G000 | Flanders | 1,022 m² | 1 · 493 m² | 11.3 m · 2 fl. |
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 238 EUR awarded · 238 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 238 EUR | 238 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteBierbeek2.173.389.423
Legal Entity Identifier
549300F0OU5CTH2LSE10
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Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 1,527 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-11-2007
Fiscal year end31-12
Activities, NACEBEL
55401
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 17 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.