INSIDE PROJECTS
ActiveINSIDE PROJECTS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.00M and a net result of €178k. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 61% of 1994 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
83
/ 100
Excellent▼ -4 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▲+5
Solvency95▲+14
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 1.72 in 2024), and 49.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.5%
Return on assets
4.5%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 filingsDeviation from the deadline
2025
21 d early
2024
18 d late
2023
41 d late
2022
17 d early
2021
25 d late
2020
25 d late
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
05-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€178k▼ 1.1%
2024 · €180k
2021: €77k
2022: €105k
2023: €153k
2024: €180k
2021 → 2025
Working capital
€2.05M▲ 13.4%
2024 · €1.81M
2021: €1.49M
2022: €1.57M
2023: €1.68M
2024: €1.81M
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.86M-€1.96M▲ 5.6%€2.12M▲ 7.8%€2.30M▲ 8.5%€2.00M▼ 12.8%
Operating result€154k-€203k▲ 31.5%€255k▲ 25.5%€309k▲ 21.3%€301k▼ 2.7%
Net result€77k-€105k▲ 36.2%€153k▲ 46.1%€180k▲ 17.6%€178k▼ 1.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.97M
Fixed assets
€28k▼ 97.3%
Current assets
€3.94M▼ 9.1%
Equity and liabilities €3.97M
Equity
€2.00M▼ 12.8%
Debt
€1.97M▼ 36.0%
The debt ratio falls from 57.2% to 49.5%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€327k▼
2024 · €412k
Cash flow
€205k▼
2024 · €283k
Solvency
50.5%▲
2024 · 42.8%
Current ratio
2.08▲
2024 · 1.72
Quick ratio
2.08▲
2024 · 1.72
Debt / equity
0.98▼
2024 · 1.34
ROE
8.9%▲
2024 · 7.8%
ROA
4.5%▲
2024 · 3.4%
Interest coverage
6.78▲
2024 · 5.93
Debt
€1.97M▼
2024 · €3.07M
Debt ≤ 1 year
€1.89M▼
2024 · €2.53M
Debt > 1 year
€37k▼
2024 · €542k
Income taxes
€83k▲
2024 · €62k
Staff costs
€1.16M▼
2024 · €1.41M
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
Total assets
20/58€5.37M€3.97M▼
Fixed assets
21/28€1.03M€28k▼
Tangible fixed assets
22/27€737k€18k▼
Financial fixed assets
28€295k€10k▼
Current assets
29/58€4.33M€3.94M▼
Amounts receivable within one year
40/41€4.29M€3.71M▼
Cash & bank
54/58€40k€232k▲
Total equity & liabilities
10/49€5.37M€3.97M▼
Equity
10/15€2.30M€2.00M▼
Contributions / capital
10/11€62k€49k▼
Reserves
13€191k€330k▲
Accumulated profits (losses)
14€2.04M€1.62M▼
Amounts payable
17/49€3.07M€1.97M▼
Amounts payable after one year
17€542k€37k▼
Amounts payable within one year
42/48€2.53M€1.89M▼
Trade debts payable within one year
44€1.84M€1.14M▼
Income statement
Code20242025
Gross operating margin
9900€2.27M€1.75M▼
Operating result
9901€309k€301k▼
Financial income
75€3k€8k▲
Financial charges
65€69k€48k▼
Result before taxes
9903€243k€261k▲
Income taxes
67/77€62k€83k▲
Net result for the period
9904€180k€178k▼
Result to be appropriated
9905€180k€178k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
20-01
State Gazette act
Capital & shares
v3.2
2025
05-11
State Gazette act
Miscellaneous
proposal
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 18 days late
30-06
State Gazette act
Miscellaneous
proposal
2024
31-12
Financial
Highest result since 2021net €180k ▲17.6%
Operating result €309k, net result €180k, both a record.
10-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 41 days late
2023
31-12
Financial
Equity above €2MEq €2.12M ▲7.8%
3 profitable years in a row build equity to €2.12M.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
17-12
State Gazette act
Statutes amendment
v3.2
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
21-09
State Gazette act
Director changes
v3.2
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2011
20-12
State Gazette act
Director changes
v3.2
2005
31-01
State Gazette act
Registered-office change
v3.2
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
7 of 10 acts read
About the unread acts
Of the 10 Belgian State Gazette acts we know for this company, 7 have been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 directors, last change in 2020
VANDAEL Erwin Louis Lambert
CurrentDirector · since 15-12-2020
VERPOORTEN Linda Johanna
CurrentDirector · since 15-12-2020
DESIGN PROJECTS
Not recently confirmedManaging director · since 14-09-2017 · Private limited company · perm. rep.: Verpoorten Linda
Vandael Erwin
Not recently confirmedDirector · since 14-09-2017
Verpoorten Linda
Not recently confirmedDirector · since 14-09-2017
15-12-2020
VANDAEL Erwin Louis Lambert: Resigned as Director
15-12-2020
VANDAEL Erwin Louis Lambert: Appointed as Director
15-12-2020
VERPOORTEN Linda Johanna: Resigned as Director
15-12-2020
VERPOORTEN Linda Johanna: Appointed as Director
15-12-2020
Design projects: Resigned as Director
14-09-2017
DESIGN PROJECTS: Appointed as Managing director
2 further events in the mandate history. Available in Kantoor S.
See plans →
Not every act has been read: a resignation may be missing here
3 of this company's 10 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Peer · 1 establishment unit since 2004
Ground area
8,169 m²
Building footprint
3,514 m²
Volume, LiDAR
17,226 m³
2 parcels, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Inside Projects
since 20042.144.967.433
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72030B0879/00T000 | Flanders | 4,359 m² | 1 · 1,498 m² | 7.2 m · 2 fl. |
| 72030B0856/00S000 | Flanders | 3,810 m² | 1 · 2,016 m² | 6.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
2 partiesControl over this companysits on this company's board1
1 subsidiary · 1 location
controls
INSIDE PROJECTSBE 0870.918.854
controls
Where this company holds controlthis company sits on their board1
1 location
Comparable companies · same sector, comparable size
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Of 19,930 companies in sector 43320 we hold annual accounts for 8,866. 2,835 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-12-2004
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
43350Other building finishing work
45421
42220Construction of utility projects for electricity and telecommunications
43230Insulation installation
43291Specialised construction activities
43310Plastering work
45215
45422
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 7 actsNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 19-07-2026. Scores and ratios are computed by Checked and are not a credit decision.