GLOBAL PROJECT
ActiveSummary
The computed 12-month bankruptcy probability of GLOBAL PROJECT is 10.3% (high). For GLOBAL PROJECT, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €52,282 and a net result of €34,018. Equity is growing by ~80.5% per year across the filed fiscal years. Its solvency ranks better than 50% of 27659 sector peers (fiscal year 2021). The company has been active since 2016 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability100▲+8
Solvency68▼-32
Growth85▲+7
Track record84
Bankruptcy probability, 12 months
10.3%
High
0%0.5%1.5%4%10%≥ 25%
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Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2021Solvency, return and age of the figures
Solvency
42.9%
Return on assets
27.9%
Age of the figures
57 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 14-10-2022, 75 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
75 d late
2020
82 d early
2019
272 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 88 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Late accounts filingStrikeout withdrawal
History
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Financials · fiscal year 2021, micro schema
Turnover
€166,683▲ 156%
2020 · €65,138
EBIT margin
19.6%▲ 4.3pp
2020 · 15.3%
Net result
€34,018▲ 267%
2020 · €9,266
Working capital
€50,422▲ 232%
2020 · €15,187
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Turnover€0-€65,138€166,683▲ 156%
Operating result-€1,664--€4,000▼ 140%€9,965€32,691▲ 228%
Net result-€1,618--€3,628▼ 124%€9,266within the sector's middle half€34,018above the sector's middle half▲ 267%
EBIT margin15.3%19.6%▲ 4.3pp
Equity€12,626-€8,998▼ 28.7%€18,264below the sector's middle half▲ 103%€52,282within the sector's middle half▲ 186%
Total assets€12,626-€8,998▼ 28.7%€24,059below the sector's middle half▲ 167%€121,941within the sector's middle half▲ 407%
Debt€5,795€69,659▲ 1,102%
Working capital€15,187within the sector's middle half€50,422within the sector's middle half▲ 232%
Solvency100.0%-100.0%=75.9%above the sector's middle half▼ 24.1pp42.9%within the sector's middle half▼ 33.0pp
Current ratio3.62above the sector's middle half1.72within the sector's middle half▼ 1.90
Return on assets (ROA)-12.8%--40.3%▼ 27.5pp38.5%above the sector's middle half▲ 78.8pp27.9%above the sector's middle half▼ 10.6pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2019 the operating result has climbed two years in a row; 2021 is 228% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €121,941
Fixed assets
€1,860 ▼ 39.5%
Current assets
€120,081 ▲ 472%
Equity and liabilities €121,941
Equity
€52,282 ▲ 186%
Debt
€69,659 ▲ 1,102%
Debt's share of the balance-sheet total rises from 24.1% to 57.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33,908▲
2020 · €10,538
Cash flow
€35,235▲
2020 · €9,839
Debt to equity
1.33
ROE
65.1%▲
2020 · 50.7%
Interest coverage
104.77
Debt ≤ 1 year
€69,659▲
2020 · €5,795
Income taxes
€0▼
2020 · €1,508
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Turnover70 | €0 | - | €65,138 | €166,683 | ▲ 156% |
| Non-recurring operating income76A | - | - | - | €0 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €132,276 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €833 | €0 | €573 | €1,217 | ▲ 112% |
| Other operating charges640/8 | - | - | - | €500 | - |
| Non-recurring operating charges66A | - | - | - | €0 | - |
| Gross operating margin9900 | €0 | -€4,000 | €10,538 | €34,408 | ▲ 227% |
| Operating profit (loss)9901 | -€1,664 | -€4,000 | €9,965 | €32,691 | ▲ 228% |
| Financial income75/76B | - | - | - | €1,651 | - |
| Recurring financial income75 | €386 | €567 | €1,100 | €1,651 | ▲ 50.1% |
| Non-recurring financial income76B | - | - | - | €0 | - |
| Financial charges65/66B | - | - | - | €324 | - |
| Recurring financial charges65 | €340 | €195 | €290 | €324 | ▲ 11.6% |
| Non-recurring financial charges66B | - | - | - | €0 | - |
| Profit (loss) for the period before taxes9903 | -€1,618 | -€3,628 | €10,774 | €34,018 | ▲ 216% |
| Income taxes67/77 | - | - | €1,508 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€1,618 | -€3,628 | €9,266 | €34,018 | ▲ 267% |
| Profit (loss) for the period to be appropriated9905 | -€1,618 | -€3,628 | €9,266 | €34,018 | ▲ 267% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €12,626 | €8,998 | €24,059 | €121,941 | ▲ 407% |
| Formation expenses20 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | - | - | €3,077 | €1,860 | ▼ 39.5% |
| Tangible fixed assets22/27 | - | - | €3,077 | €1,860 | ▼ 39.5% |
| Furniture and vehicles24 | - | - | - | €1,860 | - |
| Current assets29/58 | €12,626 | €8,998 | €20,982 | €120,081 | ▲ 472% |
| Amounts receivable within one year40/41 | €12,626 | €8,992 | €17,525 | €117,986 | ▲ 573% |
| Trade receivables40 | - | - | - | €74,437 | - |
| Other amounts receivable41 | - | - | - | €43,549 | - |
| Cash at bank and in hand54/58 | €1 | €6 | €3,457 | €2,095 | ▼ 39.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €12,626 | €8,998 | €24,059 | €121,941 | ▲ 407% |
| Equity10/15 | €12,626 | €8,998 | €18,264 | €52,282 | ▲ 186% |
| Contributions10/11 | €6,500 | €6,500 | €6,500 | €6,500 | = |
| Issued capital100 | - | - | - | €0 | - |
| Outside capital11 | - | - | - | €6,500 | - |
| Share premium1100/10 | - | - | - | €6,500 | - |
| Reserves13 | €1,936 | €1,936 | €1,936 | €1,936 | = |
| Non-distributable reserves130/1 | - | - | - | €1,936 | - |
| Legal reserve130 | - | - | - | €0 | - |
| Other1319 | - | - | - | €1,936 | - |
| Profit (loss) carried forward14 | €4,190 | €562 | €9,828 | €43,846 | ▲ 346% |
| Amounts payable17/49 | - | - | €5,795 | €69,659 | ▲ 1,102% |
| Amounts payable within one year42/48 | - | - | €5,795 | €69,659 | ▲ 1,102% |
| Trade debts44 | - | - | €5,795 | €69,659 | ▲ 1,102% |
| Suppliers440/4 | - | - | - | €69,659 | - |
| Taxes450/3 | - | - | - | €0 | - |
| Remuneration and social security454/9 | - | - | - | €0 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,618 | -€3,628 | €9,266 | €34,018 | ▲ 267% |
| + Depreciation and write-downs630 | €833 | €0 | €573 | €1,217 | ▲ 112% |
| Operating cash flow (approximation) | -€785 | -€3,628 | €9,839 | €35,235 | ▲ 258% |
| Investment in fixed assets (approximation) | - | - | - | €0 | - |
| Change in cash | - | €5 | €3,451 | -€1,362 | ▼ 139% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
28-08
KBO administration
Late accounts filing
event 18-08-2026
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
31-12
Financial
Highest result since 2018net €34,018 ▲267%
Operating result €32,691, net result €34,018, both a record.
28-05
KBO administration
Strikeout withdrawal
event 10-05-2021
10-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 272 days late
08-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 617 days late
2020
31-12
Financial
Back to profitnet €9,266
Net result €9,266 after 2 loss-making years.
2019
31-12
Financial
Weakest financial yearnet -€3,628
Net result drops to -€3,628, the lowest in the series; recovery starts the following year.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Anderlecht
Ground area
292 m²
Building footprint
152 m²
Volume, LiDAR
2,336 m³
Parcel 21304B0050/00W006, Brussels · tallest building 18.9 m, ±5 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21304B0050/00W006 | Brussels | 292 m² | 1 · 152 m² | 18.9 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 15,524 companies in sector 43990 we hold annual accounts for 7,427. 6,127 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded12-05-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43350Other building finishing work
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID
0208:0653979047
Also
9925:BE0653979047
Registered
22-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.