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Himalaya Projects

Active
Private limited companyfounded 201015 yrs activeKleinewinkellaan 18-20, 1853 Grimbergen, BelgiumKBO/BCE: BE 0832.029.970

Himalaya Projects has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-122k) and a net result of €102k. Equity is shrinking by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 31523 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
8 / 100
Critical= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency33=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.2 against 0.12 in 2024), and equity is negative.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
-371.6%
Return on assets
311.8%
Age of the figures
11 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 31523 sector peers (2025).
NBB · sector comparison
Position among 31523 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 19-05-2026, 19 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
19 d late
2024
132 d early
2023
15 d early
2022
131 d early
2020
15 d late
2019
33 d early
2018
53 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€-122k▲ 45.6%
2024 · €-224k
2018: €243k 2019: €209k 2020: €142k 2022: €-252k 2023: €-264k 2024: €-224k
2018 → 2025
Total assets
€33k▲ 1.9%
2024 · €32k
2018: €245k 2019: €210k 2020: €308k 2022: €132k 2023: €69k 2024: €32k
2018 → 2025
Net result
€102k▲ 153%
2024 · €40k
2018: €-65k 2019: €-34k 2020: €-67k 2022: €-394k 2023: €-12k 2024: €40k
2018 → 2025
Working capital
€-124k▲ 45.2%
2024 · €-226k
2018: €240k 2019: €207k 2020: €139k 2022: €121k 2023: €-267k 2024: €-226k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202022202320242025Trend
Equity€142k-€-252k€-264k▼ 4.9%€-224k▲ 15.3%€-122k▲ 45.6%
Operating result€-67k-€-394k▼ 486%€-12k▲ 96.9%€40k€102k▲ 153%
Net result€-67k-€-394k▼ 483%€-12k▲ 96.8%€40k€102k▲ 153%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-400k€-200k€0€200kOperating result 2020: €-67k€-67kNet result 2020: €-67k€-67kOperating result 2022: €-394k€-394kNet result 2022: €-394k€-394kOperating result 2023: €-12k€-12kNet result 2023: €-12k€-12kOperating result 2024: €40k€40kNet result 2024: €40k€40kOperating result 2025: €102k€102kNet result 2025: €102k€102k20202022202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 153% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33k
Fixed assets €2k=
Current assets €30k▲ 2.0%
Key figures and ratios
2025 value · change against 2024
Solvency
-371.6%
2024 · -696.2%
Current ratio
0.20
2024 · 0.12
Quick ratio
0.20
2024 · 0.12
Debt / equity
-1.27
2024 · -1.14
ROE
-83.9%
2024 · -18.0%
ROA
311.8%
2024 · 125.6%
Debt
€154k
2024 · €256k
Debt ≤ 1 year
€154k
2024 · €256k
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€32k€33k
Fixed assets21/28€2k€2k=
Financial fixed assets28€2k€2k=
Current assets29/58€30k€30k
Amounts receivable within one year40/41€25k€25k=
Trade receivables40€25k€25k=
Cash at bank and in hand54/58€5k€6k
Equity and liabilities
Total equity and liabilities10/49€32k€33k
Equity10/15€-224k€-122k
Contributions10/11€250k€250k=
Profit (loss) carried forward14€-474k€-372k
Amounts payable17/49€256k€154k
Amounts payable within one year42/48€256k€154k
Trade debts44€608€0
Suppliers440/4€608€0
Taxes, remuneration and social security45€3k€3k
Taxes450/3€3k€3k
Other amounts payable47/48€253k€152k
Income statement Code20242025
Other operating charges640/8€384€1k
Gross operating margin9900€41k€104k
Operating profit (loss)9901€40k€102k
Financial charges65/66B€24€28
Recurring financial charges65€24€28
Profit (loss) for the period before taxes9903€40k€102k
Profit (loss) for the period9904€40k€102k
Profit (loss) for the period to be appropriated9905€40k€102k
Appropriation of the result
Profit (loss) to be appropriated9906€-474k€-372k
Profit (loss) brought forward from the previous period14P€-514k€-474k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
19-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
30-09
Financial Highest result since 2018net €102k ▲153%
Operating result €102k, net result €102k, both a record.
2024
19-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
30-09
Financial Back to profitnet €40k
Net result €40k after 5 loss-making years.
15-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
20-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
30-09
Financial Weakest financial yearnet €-394k
Net result drops to €-394k, the lowest in the series; recovery starts the following year.
30-09
Financial Liquidity times 8current ratio 14.77
Current ratio from 1.84 to 14.77; short-term debt falls from €167k to €9k.
2021
15-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 15 days late
2020
28-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-11
Financial Liquidity triplescurrent ratio 301.27
Current ratio from 90.69 to 301.27; short-term debt falls from €3k to €689.
08-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
29-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
12-05
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
04-05
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.

Directors · office · real estate

Directors
5 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, Grimbergen · 1 establishment unit since 2010
establishment The establishment unit on the map
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.

Kleinewinkellaan 18-201853 Grimbergen
Ground area
1.7 ha
Building footprint
1,354 m²
Volume, LiDAR
10,491 m³
Parcel 23084A0278/00D000, Flanders · tallest building 9.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Kleinewinkellaan 18-20, 1853 Grimbergen
Real estate development
since 20102.194.486.131
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23084A0278/00D000 Flanders 1.7 ha 1 · 1,354 m² 9.2 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.

Similar companies · same sector, comparable size

Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 40,741 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded20-12-2010
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.