InSitu Projects
ActiveInSitu Projects has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €175k and a net result of €41k. Equity is growing by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 71% of 19354 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability86▲+2
Solvency84▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 3.09 in 2023; short-term debt: 38.4% and cash: 26.2% of total assets), and 40.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
7 d early
2022
9 d early
2021
3 d early
2020
31 d early
2019
34 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€175k▲ 0.6%
2023 · €174k
2018: €48k
2019: €89k
2020: €119k
2021: €152k
2022: €177k
2023: €174k
2018 → 2024
Total assets
€295k▲ 10.5%
2023 · €267k
2018: €67k
2019: €118k
2020: €152k
2021: €190k
2022: €277k
2023: €267k
2018 → 2024
Net result
€41k▲ 28.8%
2023 · €32k
2018: €13k
2019: €41k
2020: €30k
2021: €33k
2022: €25k
2023: €32k
2018 → 2024
Working capital
€122k▼ 7.5%
2023 · €132k
2018: €45k
2019: €73k
2020: €101k
2021: €138k
2022: €138k
2023: €132k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€119k-€152k▲ 27.7%€177k▲ 16.5%€174k▼ 1.5%€175k▲ 0.6%
Operating result€44k-€49k▲ 10.4%€37k▼ 23.8%€45k▲ 19.6%€57k▲ 27.2%
Net result€30k-€33k▲ 8.8%€25k▼ 24.2%€32k▲ 27.1%€41k▲ 28.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 27% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €295k
Fixed assets
€60k▼ 17.3%
Current assets
€235k▲ 20.7%
Equity and liabilities €295k
Equity
€175k▲ 0.6%
Debt
€120k▲ 29.1%
The debt ratio rises from 34.7% to 40.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€78k▲
2023 · €65k
Cash flow
€62k▲
2023 · €52k
Solvency
59.4%▼
2023 · 65.3%
Current ratio
2.08▼
2023 · 3.09
Quick ratio
2.08▼
2023 · 3.09
Debt / equity
0.68▲
2023 · 0.53
ROE
23.4%▲
2023 · 18.2%
ROA
13.9%▲
2023 · 11.9%
Interest coverage
107.97▲
2023 · 86.55
Debt
€120k▲
2023 · €93k
Debt ≤ 1 year
€113k▲
2023 · €63k
Debt > 1 year
€6k▼
2023 · €29k
Income taxes
€18k▲
2023 · €14k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€267k€295k▲
Fixed assets21/28€72k€60k▼
Tangible fixed assets22/27€72k€60k▼
Plant, machinery and equipment23€87€64▼
Furniture and vehicles24€54k€37k▼
Other tangible fixed assets26€17k€22k▲
Current assets29/58€195k€235k▲
Amounts receivable after more than one year29€50k€53k▲
Other amounts receivable291€50k€53k▲
Amounts receivable within one year40/41€42k€97k▲
Trade receivables40€35k€91k▲
Other amounts receivable41€7k€7k▼
Cash at bank and in hand54/58€92k€77k▼
Deferred charges and accrued income490/1€12k€8k▼
Equity and liabilities
Total equity and liabilities10/49€267k€295k▲
Equity10/15€174k€175k▲
Contributions10/11€12k€12k=
Reserves13€162k€163k▲
Distributable reserves133€162k€163k▲
Profit (loss) carried forward14€194€411▲
Amounts payable17/49€93k€120k▲
Amounts payable after more than one year17€29k€6k▼
Financial debts170/4€29k€6k▼
Amounts payable within one year42/48€63k€113k▲
Current portion of amounts payable after more than one year42€23k€24k▲
Trade debts44€12k€43k▲
Suppliers440/4€12k€43k▲
Taxes, remuneration and social security45€10k€4k▼
Taxes450/3€10k€4k▼
Other amounts payable47/48€18k€42k▲
Accrued charges and deferred income492/3€214€362▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€21k▲
Other operating charges640/8€4k€2k▼
Gross operating margin9900€68k€80k▲
Operating profit (loss)9901€45k€57k▲
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€750€723▼
Recurring financial charges65€750€723▼
Profit (loss) for the period before taxes9903€46k€59k▲
Income taxes67/77€14k€18k▲
Profit (loss) for the period9904€32k€41k▲
Profit (loss) for the period to be appropriated9905€32k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€34k€41k▲
Profit (loss) brought forward from the previous period14P€3k€194▼
Transfer from equity791/2€34k€40k▲
Transfer to equity691/2€34k€41k▲
To other reserves6921€34k€41k▲
Profit to be distributed694/7€34k€40k▲
Return on contributions (dividend)694€34k€40k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €41k ▲28.8%
Net result €41k, the highest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €152k ▲27.7%
4 profitable years in a row build equity to €152k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €119k ▲34.2%
3 profitable years in a row build equity to €119k.
27-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Gavere · 1 establishment unit since 2015
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.
Borgwalstraat 169890 GavereGround area
1,386 m²
Building footprint
189 m²
Volume, LiDAR
568 m³
Parcel 44071A0247/00E000, Flanders · tallest building 3.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Borgwalstraat 16, 9890 Gavere
since 20152.247.257.693
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44071A0247/00E000 | Flanders | 1,386 m² | 1 · 189 m² | 3.7 m · 1 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 968 EUR awarded · 968 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 159 EUR | 159 EUR |
| 2024 | 1 | 809 EUR | 809 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,381. 5,349 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-10-2015
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.