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ID PROJECTS

Active
Public limited companyfounded 2006active for 19 yearsKooidreef 15, 8200 Brugge, BelgiumKBO/BCE: BE 0885.923.764
Summary

ID PROJECTS has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €316,369 and a net result of €1,423. Equity remains stable across the filed financial years (±0.4% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, abbreviated format

Equity
€316,369▲ 0.5%
2024 · €314,947
Total assets
€323,700▲ 0.7%
2024 · €321,302
Net result
€1,423▼ 85.4%
2024 · €9,749
Working capital
€315,907▲ 0.6%
2024 · €314,176
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result turns negative in 2025: a loss of €1,788 after €1,900 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€1,788 2025 Net result€1,423 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€1,868--€1,504▲ 19.5%-€952▲ 36.7%-€3,053▼ 221%-€7,660▼ 151%-€2,749▲ 64.1%€1,900-€1,788
Net result€1,907-€2,231▲ 17.0%€2,825▲ 26.6%€835▼ 70.4%-€5,185-€1,276▲ 75.4%€9,749€1,423▼ 85.4%
Equity€305,767-€307,998▲ 0.7%€310,823▲ 0.9%€311,658▲ 0.3%€306,473▼ 1.7%€305,197▼ 0.4%€314,947▲ 3.2%€316,369▲ 0.5%
Total assets€310,358-€313,551▲ 1.0%€316,824▲ 1.0%€318,542▲ 0.5%€310,943▼ 2.4%€316,112▲ 1.7%€321,302▲ 1.6%€323,700▲ 0.7%
Debt€4,591-€5,553▲ 21.0%€6,001▲ 8.1%€6,884▲ 14.7%€4,470▼ 35.1%€10,915▲ 144%€6,355▼ 41.8%€7,331▲ 15.4%
Working capital€305,253-€307,484▲ 0.7%€310,309▲ 0.9%€309,602▼ 0.2%€305,073▼ 1.5%€303,759▼ 0.4%€314,176▲ 3.4%€315,907▲ 0.6%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €323,700
Fixed assets €462 ▼ 40.0%
Current assets €323,238 ▲ 0.8%
Equity and liabilities €323,700
Equity €316,369 ▲ 0.5%
Debt €7,331 ▲ 15.4%
Debt's share of the balance-sheet total rises from 2.0% to 2.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€1,480▼
2024 · €2,054
Cash flow
€1,731▼
2024 · €9,904
Current ratio
44.09▼
2024 · 50.44
Debt to equity
0.02▲
2024 · 0.02
ROE
0.4%▼
2024 · 3.1%
ROA
0.4%▼
2024 · 3.0%
Interest coverage
-8.72▼
2024 · 11.03
Debt ≤ 1 year
€7,331▲
2024 · €6,355
Income taxes
€477▼
2024 · €1,096
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 10,904 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.2% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.7% went bankrupt
4.0% stopped otherwise
95.2% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 10,904 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€321,302€323,700▲
Fixed assets21/28€771€462▼
Intangible fixed assets21€771€462▼
Current assets29/58€320,531€323,238▲
Amounts receivable within one year40/41€240,806€19,697▼
Trade receivables40€5,542-
Other amounts receivable41€235,264€19,697▼
Cash at bank and in hand54/58€79,725€303,541▲
Equity and liabilities
Total equity and liabilities10/49€321,302€323,700▲
Equity10/15€314,947€316,369▲
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€252,947€254,369▲
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Distributable reserves133€246,747€248,169▲
Amounts payable17/49€6,355€7,331▲
Amounts payable within one year42/48€6,355€7,331▲
Trade debts44-€738
Suppliers440/4-€738
Taxes, remuneration and social security45-€27
Taxes450/3-€27
Other amounts payable47/48€6,355€6,565▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€154€309▲
Other operating charges640/8€640€128▼
Gross operating margin9900€2,694-€1,352▼
Operating profit (loss)9901€1,900-€1,788▼
Financial income75/76B€9,132€3,857▼
Recurring financial income75€9,132€3,857▼
Financial charges65/66B€186€170▼
Recurring financial charges65€186€170▼
Profit (loss) for the period before taxes9903€10,846€1,899▼
Income taxes67/77€1,096€477▼
Profit (loss) for the period9904€9,749€1,423▼
Profit (loss) for the period to be appropriated9905€9,749€1,423▼
Appropriation of the result
Profit (loss) to be appropriated9906€9,749€1,423▼
Transfer to equity691/2€9,749€1,423▼
To other reserves6921€9,749€1,423▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€1€309€309€154€309▲ 100.0%
Other operating charges640/8---€111€287€462€640€128▼ 80.0%
Gross operating margin9900-€1,632-€1,397-€843-€2,941-€7,064-€1,979€2,694-€1,352-
Operating profit (loss)9901-€1,868-€1,504-€952-€3,053-€7,660-€2,749€1,900-€1,788-
Financial income75/76B---€4,152€2,642€1,656€9,132€3,857▼ 57.8%
Recurring financial income75€4,659€4,788€4,828€4,152€2,642€1,559€9,132€3,857▼ 57.8%
Non-recurring financial income76B-----€97---
Financial charges65/66B---€101€167€183€186€170▼ 8.9%
Recurring financial charges65€23€26€23€101€167€183€186€170▼ 8.9%
Profit (loss) for the period before taxes9903€2,768€3,257€3,853€999-€5,185-€1,276€10,846€1,899▼ 82.5%
Income taxes67/77€861€1,026€1,028€164--€1,096€477▼ 56.5%
Profit (loss) for the period9904€1,907€2,231€2,825€835-€5,185-€1,276€9,749€1,423▼ 85.4%
Profit (loss) for the period to be appropriated9905€1,907€2,231€2,825€835-€5,185-€1,276€9,749€1,423▼ 85.4%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€310,358€313,551€316,824€318,542€310,943€316,112€321,302€323,700▲ 0.7%
Fixed assets21/28€514€514€514€2,056€1,747€1,439€771€462▼ 40.0%
Intangible fixed assets21---€1,542€1,233€925€771€462▼ 40.0%
Financial fixed assets28€514€514€514€514€514€514---
Current assets29/58€309,844€313,037€316,310€316,486€309,196€314,674€320,531€323,238▲ 0.8%
Amounts receivable within one year40/41€162,246€167,429€169,833€174,041€15,491€13,411€240,806€19,697▼ 91.8%
Trade receivables40---€5,542€5,542€5,542€5,542--
Other amounts receivable41---€168,499€9,949€7,869€235,264€19,697▼ 91.6%
Current investments50/53-----€300,000---
Cash at bank and in hand54/58€147,578€145,608€146,477€142,446€293,705€1,263€79,725€303,541▲ 281%
Equity and liabilities
Total equity and liabilities10/49€310,358€313,551€316,824€318,542€310,943€316,112€321,302€323,700▲ 0.7%
Equity10/15€305,767€307,998€310,823€311,658€306,473€305,197€314,947€316,369▲ 0.5%
Contributions10/11€62,000€62,000€62,000€62,000€62,000€62,000€62,000€62,000=
Capital10---€62,000€62,000€62,000€62,000€62,000=
Issued capital100---€62,000€62,000€62,000€62,000€62,000=
Reserves13€239,130€241,361€244,186€249,658€244,473€243,197€252,947€254,369▲ 0.6%
Non-distributable reserves130/1---€6,200€6,200€6,200€6,200€6,200=
Legal reserve130---€6,200€6,200€6,200€6,200€6,200=
Distributable reserves133---€243,458€238,273€236,997€246,747€248,169▲ 0.6%
Profit (loss) carried forward14€4,637€4,637€4,637------
Amounts payable17/49€4,591€5,553€6,001€6,884€4,470€10,915€6,355€7,331▲ 15.4%
Amounts payable within one year42/48€4,591€5,553€6,001€6,884€4,122€10,915€6,355€7,331▲ 15.4%
Trade debts44€3,888€3,862€3,888€5,596€3,862€4,560-€738-
Suppliers440/4---€5,596€3,862€4,560-€738-
Taxes, remuneration and social security45---€1,288€260--€27-
Taxes450/3---€1,288€260--€27-
Other amounts payable47/48-----€6,355€6,355€6,565▲ 3.3%
Accrued charges and deferred income492/3----€348----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€1,907€2,231€2,825€835-€5,185-€1,276€9,749€1,423▼ 85.4%
+ Depreciation and write-downs630---€1€309€309€154€309▲ 100.0%
Operating cash flow (approximation)€1,907€2,231€2,825€836-€4,877-€967€9,904€1,731▼ 82.5%
Investment in fixed assets (approximation)-€0€0-€1,543€0€0€514€0▼ 100%
Change in cash--€1,970€869-€4,031€151,259-€292,442€78,462€223,816▲ 185%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 19 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 19-06-2026 2026-00195073
31-12-2024 micro format 27-09-2025 2025-00518867
31-12-2023 micro format 29-08-2024 2024-00451700
31-12-2022 micro format 29-08-2023 2023-00418226
31-12-2021 micro format 30-09-2022 2022-20450722
31-12-2020 micro format 22-07-2021 2021-40200226
31-12-2019 micro format 02-09-2020 2020-50800168
31-12-2018 micro format 17-10-2019 2019-70800016
31-12-2017 micro format 05-10-2018 2018-68900219
31-12-2016 micro format 31-08-2017 2017-60100382

Show all 19 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.