JOCHEMS PROJECT
ActiveJOCHEMS PROJECT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-206k) and a net result of €-54k. Equity is shrinking by ~36.2% per year across the filed fiscal years. Its solvency ranks better than 13% of 13977 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▼-32
Solvency15▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.03 against 1.69 in 2024; short-term debt: 11.7% and cash: 6.7% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 →
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 2025Solvency, return and age of the figures
Solvency
-10.4%
Return on assets
-2.7%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-206k
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 05-06-2026, 56 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
56 d early
2024
28 d early
2023
2 d early
2022
28 d late
2021
31 d early
2020
19 d early
2019
31 d early
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-206k▼ 35.4%
2024 · €-152k
2018: €52k
2019: €97k
2020: €125k
2021: €157k
2022: €-52k
2023: €-152k
2024: €-152k
2018 → 2025
Total assets
€1.98M▲ 2.8%
2024 · €1.93M
2018: €79k
2019: €115k
2020: €139k
2021: €264k
2022: €1.93M
2023: €1.93M
2024: €1.93M
2018 → 2025
Net result
€-54k▼ 12,064%
2024 · €-443
2018: €40k
2019: €45k
2020: €28k
2021: €32k
2022: €-215k
2023: €-62k
2024: €-443
2018 → 2025
Working capital
€239k▲ 46.7%
2024 · €163k
2018: €25k
2019: €60k
2020: €90k
2021: €159k
2022: €68k
2023: €96k
2024: €163k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€157k-€-52k€-152k▼ 195%€-152k▼ 0.3%€-206k▼ 35.4%
Operating result€37k-€-212k€-44k▲ 79.4%€18k€-37k
Net result€32k-€-215k€-62k▲ 70.9%€-443▲ 99.3%€-54k▼ 12,064%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €37k after €18k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.98M
Fixed assets
€1.51M▼ 1.1%
Current assets
€471k▲ 17.9%
Key figures and ratios
EBITDA
€46k▼
2024 · €112k
Cash flow
€29k▼
2024 · €93k
Solvency
-10.4%▼
2024 · -7.9%
Current ratio
2.03▲
2024 · 1.69
Quick ratio
0.66▲
2024 · 0.41
Debt / equity
-10.62▲
2024 · -13.67
ROA
-2.7%▼
2024 · 0.0%
Interest coverage
2.53▼
2024 · 5.88
Debt
€2.19M▲
2024 · €2.08M
Debt ≤ 1 year
€232k▼
2024 · €237k
Debt > 1 year
€1.96M▲
2024 · €1.83M
Staff costs
€32k▲
2024 · €23k
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€1.93M€1.98M▲
Fixed assets21/28€1.53M€1.51M▼
Intangible fixed assets21€4k€4k=
Tangible fixed assets22/27€1.52M€1.51M▼
Land and buildings22€1.47M€1.46M▼
Plant, machinery and equipment23€13k€12k▼
Furniture and vehicles24€45k€36k▼
Financial fixed assets28€2k€2k▼
Current assets29/58€400k€471k▲
Stocks and contracts in progress3€303k€318k▲
Stocks30/36€303k€318k▲
Amounts receivable within one year40/41€82k€15k▼
Trade receivables40€76k€15k▼
Other amounts receivable41€6k€0▼
Cash at bank and in hand54/58€14k€133k▲
Deferred charges and accrued income490/1€0€6k▲
Equity and liabilities
Total equity and liabilities10/49€1.93M€1.98M▲
Equity10/15€-152k€-206k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-173k€-227k▼
Amounts payable17/49€2.08M€2.19M▲
Amounts payable after more than one year17€1.83M€1.96M▲
Financial debts170/4€1.83M€1.96M▲
Amounts payable within one year42/48€237k€232k▼
Current portion of amounts payable after more than one year42€19k€20k▲
Trade debts44€22k€11k▼
Suppliers440/4€22k€11k▼
Taxes, remuneration and social security45€3k€9k▲
Taxes450/3€2k€1k▼
Remuneration and social security454/9€2k€7k▲
Other amounts payable47/48€193k€193k▲
Accrued charges and deferred income492/3€17k€0▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€23k€32k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€94k€83k▼
Other operating charges640/8€4k€5k▲
Gross operating margin9900€139k€84k▼
Operating profit (loss)9901€18k€-37k▼
Financial income75/76B€462€994▲
Recurring financial income75€462€994▲
Financial charges65/66B€19k€18k▼
Recurring financial charges65€19k€18k▼
Profit (loss) for the period before taxes9903€-443€-54k▼
Income taxes67/77€0-
Profit (loss) for the period9904€-443€-54k▼
Profit (loss) for the period to be appropriated9905€-443€-54k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-173k€-227k▼
Profit (loss) brought forward from the previous period14P€-172k€-173k▼
Transfer from equity791/2€0-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Weakest financial yearnet €-215k ▼780%
Net result drops to €-215k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €157k ▲25.2%
4 profitable years in a row build equity to €157k.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €125k ▲28.7%
3 profitable years in a row build equity to €125k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €45k ▲14%
Net result €45k, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 4.41
Current ratio from 1.95 to 4.41; short-term debt falls from €27k to €18k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
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, Brecht · 1 establishment unit since 2017
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.
Brasschaatbaan 292960 BrechtGround area
3,244 m²
Building footprint
911 m²
Volume, LiDAR
3,402 m³
Parcel 11009A0266/00B002, Flanders · tallest building 7.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
JOCHEMS PROJECT
since 20172.267.362.726
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11009A0266/00B002 | Flanders | 3,244 m² | 1 · 911 m² | 7.4 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 · 1 entry · 1,000 EUR awarded · 1,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,000 EUR | 1,000 EUR |
Schemes
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Dual-learning approval
3 live approvalsHippisch assistent duaal (so)
Paardenhouder duaal (so)
Paardenhouderij duaal (so)
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Of 9,697 companies in sector 68121 we hold annual accounts for 7,382. 5,333 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-08-2017
Fiscal year end31-12
Activities, NACEBEL
01430Raising of horses and other equines
68121Development of residential building projects
68122Development of non-residential building projects
42990Civil engineering
68201Renting and operating of own or leased residential real estate, excluding social housing
93127Equestrian clubs
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.