Checked.be
Active
BE 0448.120.895Public limited company
Futurum Projects
Kasteeldreef 22 ·2900 Schoten, Belgium· 34 yrs active
Sector: Joinery installation
(43320)
Conclusion
Futurum Projects has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €745k and a net result of €16k. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 74% of 36383 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €745k |
| Net result | €16k |
| Better than sector | 74% |
| Active | 34 yrs |
Financial profile
69
/ 100
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
Health
83
Profitability
11
Solvency
100
Growth
52
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1992, 34 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
83
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€60k
estimate, not credit advice
Score history
61
2021
94
2022
100
2023
83
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 2.09 (≥ 1.5)
+10
Quick ratio
Quick ratio 2.01 (≥ 1.0)
+5
Leverage
Debt/equity 0.37 (< 1.0)
+10
Profitability
ROE 2%
+3
Interest coverage
Interest coverage 12.7× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 02-07-2025 with the NBB · fiscal year 2024 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~6.5%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 68.3% | 46.6% | |
| Net result | €16k | €9k | |
| Equity | €745k | €58k | |
| Gross operating margin | €105k | €38k | |
| Staff costs | €480 | €40k |
€87k
-47.8%
21-24
€16k
-81.2%
21-24
€72k
-45.9%
21-24
€1.09M
+13.4%
21-24
€745k
-1.0%
21-24
€51k
-27.5%
21-24
0
0.0%
21-24
€480
-
21-24
€9k
-34.7%
21-24
€24k
-
21-24
€272k
+102.2%
21-24
€47k
+3.6%
21-24
€225k
+152.5%
21-24
2.09
-18.3%
21-24
2.01
-18.9%
21-24
68.3%
-12.7%
21-24
0.37
+104.3%
21-24
2.2%
-81.0%
21-24
1.5%
-83.4%
21-24
12.70
-48.7%
21-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €87k | €166k | €109k | €77k |
| Net profit | €16k | €87k | €50k | €30k |
| Cash flow | €72k | €134k | €99k | €61k |
| Staff costs | €480 | €0 | €9k | €16k |
| Income taxes | €9k | €14k | €14k | €13k |
| Dividends | €24k | - | - | - |
| Total assets | €1.09M | €962k | €1.12M | €988k |
| Equity | €745k | €752k | €665k | €617k |
| Debt | €272k | €135k | €392k | €308k |
| of which ≤ 1y | €47k | €45k | €84k | €104k |
| of which > 1y | €225k | €89k | €309k | €204k |
| Working capital | €51k | €71k | €65k | €-35k |
| Employees (FTE) | - | - | 0.1 | 0.1 |
Ratios (computed)
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 2.09 | 2.55 | 1.77 | 0.66 |
| Quick ratio | 2.01 | 2.48 | 1.74 | 0.63 |
| Working capital ratio | 4.7% | 7.3% | 5.8% | -3.5% |
| Solvency | 68.3% | 78.2% | 59.4% | 62.4% |
| Debt / equity | 0.37 | 0.18 | 0.59 | 0.50 |
| Long-term debt ratio | 0.30 | 0.12 | 0.46 | 0.33 |
| Interest coverage | 12.70 | 24.73 | 21.26 | 15.22 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 1.5% | 9.1% | 4.5% | 3.1% |
| ROE | 2.2% | 11.6% | 7.5% | 4.9% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2024
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €1.09M | €962k | €1.12M | €988k |
| Fixed assets | 21/28 | €992k | €846k | €972k | €918k |
| Tangible fixed assets | 22/27 | €992k | €846k | €972k | €918k |
| Current assets | 29/58 | €98k | €116k | €148k | €69k |
| Stocks & contracts in progress | 3 | €3k | €3k | €3k | €4k |
| Amounts receivable within one year | 40/41 | €32k | €13k | €28k | €348 |
| Cash & bank | 54/58 | €53k | €87k | €103k | €54k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.09M | €962k | €1.12M | €988k |
| Equity | 10/15 | €745k | €752k | €665k | €617k |
| Contributions / capital | 10/11 | €197k | €197k | €197k | €197k |
| Reserves | 13 | €548k | €555k | €468k | €420k |
| Provisions & deferred taxes | 16 | €74k | €75k | €63k | €63k |
| Amounts payable | 17/49 | €272k | €135k | €392k | €308k |
| Amounts payable after one year | 17 | €225k | €89k | €309k | €204k |
| Amounts payable within one year | 42/48 | €47k | €45k | €84k | €104k |
| Trade debts payable within one year | 44 | €3k | €17k | €15k | €12k |
| Income statement | |||||
| Gross operating margin | 9900 | €105k | €174k | €126k | €109k |
| Operating result | 9901 | €31k | €119k | €60k | €47k |
| Financial income | 75 | €6 | €953 | €8k | €0 |
| Financial charges | 65 | €7k | €7k | €5k | €5k |
| Result before taxes | 9903 | €24k | €114k | €62k | €42k |
| Income taxes | 67/77 | €9k | €14k | €14k | €13k |
| Net result for the period | 9904 | €16k | €87k | €50k | €30k |
| Result to be appropriated | 9905 | €22k | €36k | €50k | €31k |
Legal Structure
| NACE primary | Joinery installation(43320) |
| Legal form | Public limited company(014) |
| Incorporation | 02-09-1992 |
| Status | Active |
| Postal code | 2900 |
Establishment units
Kasteeldreef 22, 2900 Schoten
since 19922.058.845.982
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11442C0322/00S005 | Flanders | 244 m² | 1 · 233 m² | 10.2 m · 2 fl. |
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.
Updates
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €16k ▼81.2%
Net result drops to €16k, the lowest in the series.
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
31-12
Financial
Highest result since 2021net €87k ▲74.9%
Operating result €119k, net result €87k, both a record.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 1.77
Current ratio from 0.66 to 1.77; short-term debt falls from €104k to €84k.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Joinery installation4332045421Other specialised construction activities43990Specialised construction activities4399945250
Names & trade names
| Legal nameNL | Futurum Projects |
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