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G J Projecten

Active
Private limited companyfounded 2007active for 19 yearsGeraardsbergsesteenweg 45, 9320 Aalst, BelgiumKBO/BCE: BE 0890.724.670
Summary

G J Projecten has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €340,327 and a net result of €28,492. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 28% of 9,590 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Joinery installation
NACE 43320Other building finishing work NACE 43350
1 site
Size
€1.3mtotal assets 2025
Staff
1 FTE
Equity
€340,327
Profit
€28,492
Turnover not published (abbreviated or micro format)
Financial health
82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Accounts 21 days early1 of 4 deeds read
Why 82raises riskSector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.93, cash €18,355, halvedlowers riskSize: 1 FTE, total assets €1.3mFounded in 2007Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 32% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency 52+1
equity 26.7% of total assets
Liquidity 36-4
short-term debt 35.5% · cash 1.4%
Profitability 45+1
return on assets 2.2%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,550 companies, NACE 43, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -0.4 percentage points vs 08-2025lowest value 10-2025: 0.3%● unchanged vs 09-2025lowest value 11-2025: 0.3%● unchanged vs 10-2025lowest value 12-2025: 0.3%● unchanged vs 11-2025lowest value 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.4%▲ +0.1 percentage points vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.93, compared with 1.83 in 2024; short-term debt: 35.5% and cash: 1.4% of total assets), but 73.3% of the assets are financed with debt and provisions.
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 43, micro): better than 28% on solvency, 24% on liquidity, 22% on profitability and 54% on growth.

The bankruptcy probability was computed on 11-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Size: 1 FTE, total assets €1.3m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.93, cash €18,355, halved
NBB · annual accounts
lowers risk · Founded in 2007
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
21 days early
2024
12 days late
2023
30 days late
2022
24 days late
2021
85 days late
2020
23 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 11 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 August (4 of the last 5 filed years within 45 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Appointment: Johan Lauwerys (director)Amendment of the articles ·…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: 8 profitable years in a rowprofit 2025: €28,492 8 years View
  • One director decidessole director in office 1 View
  • Total assets 20256 financial years filed €1.3m View

By topic

Financials

Financial year
2025
Total assets
€1.3m
Profit
€28,492
Solvency
26.7%
Total assets▲ 7.1%
Net result
20182025
Go to Financials

Timeline

Events
23
Since
2009
Next accounts
by 31-07-2027
  1. 30-08-2024Annual accounts filed
  2. 24-08-2023Annual accounts filed
  3. 31-12-2022Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
10-07-2007
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
17
Who signs
Each director alone
Annual meeting
Last Friday of May at 11:00
Purpose
“Algemene schrijnwerkerij: dit behelst onder meer het plaatsen van dakbedekkingen en het…” (deed in Dutch)
Go to Articles of association

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