FT Projects
ActiveFT Projects has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €7k. Equity is shrinking by ~18% per year across the filed fiscal years. Its solvency ranks better than 29% of 18281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▲+48
Solvency35▼-25
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.48 in 2024; short-term debt: 89.6% and cash: 53.8% of total assets), and 90.4% 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
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
9.6%
Return on assets
3.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 25-02-2026, 155 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
155 d early
2024
19 d early
2023
36 d early
2022
44 d early
2021
21 d late
2020
10 d late
2019
5 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today30-12-2026 close30-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▼ 74.2%
2024 · €72k
2019: €156k
2020: €156k
2021: €180k
2022: €107k
2023: €93k
2024: €72k
2019 → 2025
Total assets
€195k▼ 4.1%
2024 · €203k
2019: €442k
2020: €310k
2021: €301k
2022: €292k
2023: €220k
2024: €203k
2019 → 2025
Net result
€7k
2024 · €-21k
2019: €16k
2020: €104
2021: €24k
2022: €75k
2023: €-14k
2024: €-21k
2019 → 2025
Working capital
€12k▼ 80.5%
2024 · €62k
2019: €107k
2020: €153k
2021: €180k
2022: €96k
2023: €80k
2024: €62k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€180k-€107k▼ 40.4%€93k▼ 13.4%€72k▼ 22.3%€19k▼ 74.2%
Operating result€97k-€127k▲ 31.0%€-16k€-19k▼ 17.2%€23k
Net result€24k-€75k▲ 218%€-14k€-21k▼ 44.3%€7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €23k after a loss of €19k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €195k
Fixed assets
€8k▼ 19.5%
Current assets
€186k▼ 3.3%
Equity and liabilities €195k
Equity
€19k▼ 74.2%
Debt
€176k▲ 34.5%
The debt ratio rises from 64.5% to 90.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€25k▲
2024 · €-16k
Cash flow
€9k▲
2024 · €-18k
Solvency
9.6%▼
2024 · 35.5%
Current ratio
1.07▼
2024 · 1.48
Quick ratio
1.00▼
2024 · 1.39
Debt / equity
9.46▲
2024 · 1.82
ROE
38.1%▲
2024 · -28.7%
ROA
3.6%▲
2024 · -10.2%
Interest coverage
3.71▲
2024 · -2.89
Debt
€176k▲
2024 · €131k
Debt ≤ 1 year
€174k▲
2024 · €130k
Income taxes
€9k▲
2024 · €3k
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€203k€195k▼
Fixed assets21/28€10k€8k▼
Tangible fixed assets22/27€10k€8k▼
Land and buildings22€9k€8k▼
Plant, machinery and equipment23€776€494▼
Furniture and vehicles24€190€0▼
Current assets29/58€193k€186k▼
Stocks and contracts in progress3€12k€11k▼
Stocks30/36€12k€11k▼
Amounts receivable within one year40/41€78k€41k▼
Trade receivables40€64k€36k▼
Other amounts receivable41€14k€5k▼
Cash at bank and in hand54/58€97k€105k▲
Deferred charges and accrued income490/1€6k€30k▲
Equity and liabilities
Total equity and liabilities10/49€203k€195k▼
Equity10/15€72k€19k▼
Contributions10/11€19k€19k=
Reserves13€18k€0▼
Distributable reserves133€18k€0▼
Profit (loss) carried forward14€35k€0▼
Amounts payable17/49€131k€176k▲
Amounts payable within one year42/48€130k€174k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€33k€27k▼
Suppliers440/4€33k€27k▼
Taxes, remuneration and social security45€19k€10k▼
Taxes450/3€19k€10k▼
Other amounts payable47/48€78k€137k▲
Accrued charges and deferred income492/3€395€2k▲
Income statement
Code20242025
Non-recurring operating income76A€28k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€838€1k▲
Gross operating margin9900€-16k€27k▲
Operating profit (loss)9901€-19k€23k▲
Financial income75/76B€7k€0▼
Recurring financial income75€7k€0▼
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€-18k€16k▲
Income taxes67/77€3k€9k▲
Profit (loss) for the period9904€-21k€7k▲
Profit (loss) for the period to be appropriated9905€-21k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€35k€42k▲
Profit (loss) brought forward from the previous period14P€56k€35k▼
Transfer from equity791/2-€18k
Profit to be distributed694/7-€61k
Return on contributions (dividend)694-€61k
The notes to these accounts (5 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
25-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-12
Financial
Highest result since 2019net €75k ▲218%
Operating result €127k, net result €75k, both a record.
2021
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 21 days late
2020
10-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2019
05-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 5 days late
2018
11-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 11 days late
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brugge · 1 establishment unit since 2013
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.
Moerkerkse Steenweg 1138310 BruggeGround area
163 m²
Building footprint
93 m²
Volume, LiDAR
730 m³
Parcel 31433D0010/00C018, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FT Projects
since 20132.227.782.370
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31433D0010/00C018 | Flanders | 163 m² | 1 · 93 m² | 11.7 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 7,770 EUR awarded · 7,770 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,920 EUR | 1,920 EUR |
| 2023 | 1 | 2,370 EUR | 2,370 EUR |
| 2022 | 1 | 3,480 EUR | 3,480 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,227 companies in sector 47400 we hold annual accounts for 1,806. 1,158 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-10-2013
Fiscal year end30-12
Activities, NACEBEL
47400Retail sale of information and communication equipment
47410Retail trade
47430Retail trade
73200Market research and public opinion polling
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82300Organisation of conventions and trade shows
85599Other education
96022Beauty treatment
96040Personal service activities
96220Beauty care and other beauty treatments
96230Day spas, saunas and steam baths
Sources
Crossroads Bank for EnterprisesNational Bank · 11 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.