Skip to content

G+ Projects

Active
Private limited companyfounded 2002active for 24 yearsSchaarbroek 12, 2590 Berlaar, BelgiumKBO/BCE: BE 0478.025.502
Summary

G+ Projects has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €146,092 and a net result of €120,861. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 55% of 5,853 sector peers (NACE 81, financial year 2024). The computed 12-month bankruptcy probability is 1.5% (low).

Overview

Activity
Landscape service activities
NACE 81300
8th oldest company in Berlaar, Administrative and support services sector1 site
Size
€318,482total assets 2024
Staff
1.7 FTE
Equity
€146,092
Profit
€120,861
Turnover not published (micro format)
Financial health
57 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.5%
Structure
Accounts 75 days overdue0 of 8 deeds read
Why 57raises riskCapped at 59: a confirmed filing finding1 financial year not filed after the legal deadline; latest accounts 138 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 17-12-2025)lowers riskFounded in 2002Liquidity: current ratio 1.75, cash €57,480Show the evidence

Checked score

Score 2024
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 71% of its sector peers (NACE 81, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 71+28
equity 45.9% of total assets
Liquidity 45+17
short-term debt 54.1% · cash 18.0%
Profitability 100+47
return on assets 37.9%
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (7,673 companies, NACE 81, micro)
Last 24 months 11-2024: 5.1%highest value 12-2024: 1.2%▼ -3.9 percentage points vs 11-2024 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.1%▼ -0.1 percentage points vs 04-2025 06-2025: 1.0%▼ -0.1 percentage points vs 05-2025 07-2025: 1.1%▲ +0.1 percentage points vs 06-2025 08-2025: 1.4%▲ +0.3 percentage points vs 07-2025 09-2025: 1.6%▲ +0.2 percentage points vs 08-2025 10-2025: 1.8%▲ +0.2 percentage points vs 09-2025 11-2025: 1.9%▲ +0.1 percentage points vs 10-2025 12-2025: 2.6%▲ +0.7 percentage points vs 11-2025 01-2026: 0.9%▼ -1.7 percentage points vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.8%▼ -0.1 percentage points vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026lowest value 08-2026: 1.0%▲ +0.2 percentage points vs 07-2026 09-2026: 1.2%▲ +0.2 percentage points vs 08-2026 10-2026: 1.5%▲ +0.3 percentage points vs 09-2026
Credit of up to €8,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 1.75, compared with 1.0 in 2023, above the usual 1.5; short-term debt: 54.1% and cash: 18% of total assets), but 54.1% 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 81, micro): better than 55% on solvency, 39% on liquidity, 92% on profitability and 98% on growth.

The bankruptcy probability was computed on 14-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Seven signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 138 days late; 3 of the last 3 late
NBB · filings
lowers risk · Founded in 2002
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Figures for financial year 2024 (filed 17-12-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.75, cash €57,480
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €146,092
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 75 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline14-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-12-2025, 138 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
138 days late
2023
118 days late
2022
165 days late
2021
27 days late
2020
31 days late
2019
21 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 83 days after the deadline; the sector median (NACE 81) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Highest result from 2018 to 2024net €120,861 ▲26,866%
  3. Equity above €100,000equity €146,092 ▲479%

Key points

  • Positive: Result rose in 2024from €448 to €120,861 ▲ 26,866% View
  • Positive: Among the best 5% on net resultsector median €8,868 · 5,838 companies €120,861 View
  • Caution: Accounts not fileddeadline was 31-07-2026 75 days late View

By topic

Financials

Financial year
2024
Total assets
€318,482
Profit
€120,861
Solvency
45.9%
Total assets▲ 130%
Net result
20182024
Go to Financials

Timeline

Events
28
Since
2003
  1. 26-11-2024Annual accounts filed
  2. 12-01-2024Annual accounts filed
  3. 31-12-2023Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Landscape service activitiesNACE 81300
Founded
18-07-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.