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LOETERS PROJECT

Active
Private limited companyfounded 20215 yrs activeVoorhavenlaan 2, 8400 Oostende, BelgiumKBO/BCE: BE 0768.879.804
Summary

LOETERS PROJECT has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €876,176 and a net result of €466,902. Equity is growing by ~42.9% per year across the filed fiscal years. Its solvency ranks better than 91% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80,000 at 30 days acceptable
Liquidity ample (current ratio 13.43 against 7.36 in 2024; short-term debt: 7.4% and cash: 95.9% of total assets), and 7.4% of the assets are financed with debt.
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Signals

Four 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
92.6%
Return on assets
49.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
1 d early
2024
1 d early
2023
64 d early
2022
43 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 27 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 9 January (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 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

History

LOETERS PROJECT was incorporated on 29 May 2021 as a Private limited company.1 Total assets rose from EUR 234,171 in 2022 to EUR 946,508 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€876,176▲ 7.6%
2024 · €814,275
Total assets
€946,508▲ 0.5%
2024 · €942,256
Net result
€466,902▲ 0.6%
2024 · €463,946
Working capital
€874,484▲ 7.5%
2024 · €813,581
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result€214,610-€238,181▲ 11.0%€621,144▲ 161%€617,911▼ 0.5%
Net result€165,473above the sector's middle half-€182,856above the sector's middle half▲ 10.5%€463,946above the sector's middle half▲ 154%€466,902above the sector's middle half▲ 0.6%
Equity€167,473within the sector's middle half-€350,329above the sector's middle half▲ 109%€814,275above the sector's middle half▲ 132%€876,176above the sector's middle half▲ 7.6%
Total assets€234,171within the sector's middle half-€442,352within the sector's middle half▲ 88.9%€942,256above the sector's middle half▲ 113%€946,508above the sector's middle half▲ 0.5%
Debt€66,698-€92,023▲ 38.0%€127,982▲ 39.1%€70,332▼ 45.0%
Working capital€167,473above the sector's middle half-€340,329above the sector's middle half▲ 103%€813,581above the sector's middle half▲ 139%€874,484above the sector's middle half▲ 7.5%
Solvency71.5%within the sector's middle half-79.2%above the sector's middle half▲ 7.7pp86.4%above the sector's middle half▲ 7.2pp92.6%above the sector's middle half▲ 6.2pp
Current ratio3.51within the sector's middle half-4.70above the sector's middle half▲ 1.197.36above the sector's middle half▲ 2.6613.43above the sector's middle half▲ 6.08
Return on assets (ROA)70.7%above the sector's middle half-41.3%above the sector's middle half▼ 29.3pp49.2%above the sector's middle half▲ 7.9pp49.3%above the sector's middle half▲ 0.1pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200,000€400,000€600,000Operating result 2022: €214,610€214,610Net result 2022: €165,473€165,473Operating result 2023: €238,181€238,181Net result 2023: €182,856€182,856Operating result 2024: €621,144€621,144Net result 2024: €463,946€463,946Operating result 2025: €617,911€617,911Net result 2025: €466,902€466,9022022202320242025€0€200,000€400,000€600,000Operating result 2023: €238,181€238,000Net result 2023: €182,856€183,000Operating result 2024: €621,144€621,000Net result 2024: €463,946€464,000Operating result 2025: €617,911€618,000Net result 2025: €466,902€467,000202320242025
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €946,508
Fixed assets €1,693 ▲ 144%
Current assets €944,815 ▲ 0.3%
Equity and liabilities €946,508
Equity €876,176 ▲ 7.6%
Debt €70,332 ▼ 45.0%
Debt's share of the balance-sheet total falls from 13.6% to 7.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€618,364▼
2024 · €621,264
Cash flow
€467,354▲
2024 · €464,066
Quick ratio
13.40▲
2024 · 7.29
Debt to equity
0.08▼
2024 · 0.16
ROE
53.3%▼
2024 · 57.0%
Interest coverage
915.94▲
2024 · 584.67
Debt ≤ 1 year
€70,332▼
2024 · €127,982
Income taxes
€150,334=
2024 · €150,371
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,778 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 97% are still going.

  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
2.6% stopped otherwise
97% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,778 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 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€942,256€946,508▲
Fixed assets21/28€693€1,693▲
Tangible fixed assets22/27€693€1,693▲
Furniture and vehicles24€693€1,693▲
Financial fixed assets28€0-
Current assets29/58€941,563€944,815▲
Stocks and contracts in progress3€8,131€2,060▼
Stocks30/36€8,131€2,060▼
Amounts receivable within one year40/41€68,094€34,876▼
Trade receivables40€25,210€25,210=
Other amounts receivable41€42,884€9,666▼
Cash at bank and in hand54/58€865,338€907,879▲
Equity and liabilities
Total equity and liabilities10/49€942,256€946,508▲
Equity10/15€814,275€876,176▲
Contributions10/11€2,000€2,000=
Reserves13€812,275€874,176▲
Distributable reserves133€812,275€874,176▲
Profit (loss) carried forward14-€0
Amounts payable17/49€127,982€70,332▼
Amounts payable within one year42/48€127,982€70,332▼
Trade debts44€796€1,020▲
Suppliers440/4€796€1,020▲
Taxes, remuneration and social security45€111,989€15,670▼
Taxes450/3€109,139€15,670▼
Remuneration and social security454/9€2,850€0▼
Other amounts payable47/48€15,196€53,641▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€120€453▲
Other operating charges640/8€115€1,395▲
Gross operating margin9900€621,379€619,758▼
Operating profit (loss)9901€621,144€617,911▼
Financial charges65/66B€6,828€675▼
Recurring financial charges65€1,063€675▼
Non-recurring financial charges66B€5,765€0▼
Profit (loss) for the period before taxes9903€614,317€617,236▲
Income taxes67/77€150,371€150,334=
Profit (loss) for the period9904€463,946€466,902▲
Profit (loss) for the period to be appropriated9905€463,946€466,902▲
Appropriation of the result
Profit (loss) to be appropriated9906€463,946€466,902▲
Transfer from equity791/2-€355,000
Transfer to equity691/2€463,946€416,902▼
To other reserves6921€463,946€416,902▼
Profit to be distributed694/7-€405,000
Return on contributions (dividend)694-€405,000

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€120€453▲ 277%
Other operating charges640/8€141€169€115€1,395▲ 1,113%
Gross operating margin9900€214,751€238,350€621,379€619,758▼ 0.3%
Operating profit (loss)9901€214,610€238,181€621,144€617,911▼ 0.5%
Financial charges65/66B€227€165€6,828€675▼ 90.1%
Recurring financial charges65€227€165€1,063€675▼ 36.5%
Non-recurring financial charges66B--€5,765€0▼ 100%
Profit (loss) for the period before taxes9903€214,383€238,016€614,317€617,236▲ 0.5%
Income taxes67/77€48,910€55,160€150,371€150,334=
Profit (loss) for the period9904€165,473€182,856€463,946€466,902▲ 0.6%
Profit (loss) for the period to be appropriated9905€165,473€182,856€463,946€466,902▲ 0.6%
Line2022202320242025Change
Assets
Total assets20/58€234,171€442,352€942,256€946,508▲ 0.5%
Fixed assets21/28-€10,000€693€1,693▲ 144%
Tangible fixed assets22/27--€693€1,693▲ 144%
Furniture and vehicles24--€693€1,693▲ 144%
Financial fixed assets28-€10,000€0--
Current assets29/58€234,171€432,352€941,563€944,815▲ 0.3%
Stocks and contracts in progress3--€8,131€2,060▼ 74.7%
Stocks30/36--€8,131€2,060▼ 74.7%
Amounts receivable within one year40/41€34,013€72,360€68,094€34,876▼ 48.8%
Trade receivables40€29,761€25,211€25,210€25,210=
Other amounts receivable41€4,252€47,149€42,884€9,666▼ 77.5%
Cash at bank and in hand54/58€200,158€359,991€865,338€907,879▲ 4.9%
Equity and liabilities
Total equity and liabilities10/49€234,171€442,352€942,256€946,508▲ 0.5%
Equity10/15€167,473€350,329€814,275€876,176▲ 7.6%
Contributions10/11€2,000€2,000€2,000€2,000=
Reserves13€165,473€348,329€812,275€874,176▲ 7.6%
Distributable reserves133€165,473€348,329€812,275€874,176▲ 7.6%
Profit (loss) carried forward14---€0-
Amounts payable17/49€66,698€92,023€127,982€70,332▼ 45.0%
Amounts payable within one year42/48€66,698€92,023€127,982€70,332▼ 45.0%
Trade debts44--€796€1,020▲ 28.1%
Suppliers440/4--€796€1,020▲ 28.1%
Taxes, remuneration and social security45€66,698€85,747€111,989€15,670▼ 86.0%
Taxes450/3€66,698€71,497€109,139€15,670▼ 85.6%
Remuneration and social security454/9-€14,250€2,850€0▼ 100%
Other amounts payable47/48-€6,276€15,196€53,641▲ 253%
Line2022202320242025Change
Profit (loss) for the period9904€165,473€182,856€463,946€466,902▲ 0.6%
+ Depreciation and write-downs630--€120€453▲ 277%
Operating cash flow (approximation)€165,473€182,856€464,066€467,354▲ 0.7%
Investment in fixed assets (approximation)--€9,187-€1,452▼ 116%
Change in cash-€159,833€505,346€42,541▼ 91.6%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
09-09
State Gazette act General meeting · Director reappointment
Permanent representative · Board meeting
27-08
State Gazette act Incorporation · Founder
Shareholding · Director in office
30-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Highest result since 2022net €466,902 ▲0.6%
Net result €466,902, the highest in the series.
30-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Equity above €500,000Eq €814,275 ▲132%
3 profitable years in a row build equity to €814,275.
2023
28-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial Equity above €200,000Eq €350,329 ▲109%
2 profitable years in a row build equity to €350,329.
2022
19-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Oostende · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
845 m²
Building footprint
867 m²
Parcel 35382D0620/00C003, Flanders. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
LOETERS PROJECT
Voorhavenlaan 2, 8400 OostendeAgents specialised in the wholesale of other particular products
since 20212.318.294.258
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35382D0620/00C003 Flanders 845 m² 1 · 867 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 30-06-2023 list no shareholders, and no other source names one.

Holdings 1

According to the annual accounts to 30-06-2023 of LOETERS PROJECT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

Depth

The group is listed under Ownership & control below; here you explore it as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Ownership & control

1 board mandate
Board mandates of this companythis company sits on their board1
1 location

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 296 EUR awarded
Year Entries awardedpaid
2022 1 296 EUR0 EUR
Schemes
1 entry · 296 EUR · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 5,712 companies in sector 70100 we hold annual accounts for 3,518. 1,974 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded29-05-2021
Fiscal year end30-06
Activities, NACEBEL 2025
70100Activities of head offices
64210Activities of holding companies
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0768879804
Also 9925:BE0768879804
Registered 14-02-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.