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M & L PROJECTS

Active
Private limited company (pre-2019)founded 200917 yrs activeBommelsrede(HEU) 33, 9070 Destelbergen, BelgiumKBO/BCE: BE 0810.470.038
Summary

M & L PROJECTS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9,326 and a net result of -€211. Equity is shrinking by ~7.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).

Overview

What they do
Activity not known
How big
€12,824total assets 2025
Equity
€9,326
Loss
-€211
Turnover not published (abridged schema)
Financially healthy?
69 Healthy Checked score 2025
Bankruptcy chance 12 m
0.7%
Who decides
Accounts on time0 of 5 deeds read
Why 69- No main activity registered- No establishment unit in the KBO+ Size: total assets €12,824+ Founded in 2009Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 41% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 98-2
equity 72.7% of total assets
Liquidity 51-2
short-term debt 10.1% · cash 0.5%
Profitability 33+31
return on assets -1.6%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

  • Size: total assets €12,824 lowers the probability for this profile
  • No main activity registered raises the probability
  • Founded in 2009 lowers the probability for this profile
  • No establishment unit in the KBO raises the probability
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 9.88 against 9.99 in 2024; short-term debt: 10.1% and cash: 0.5% of total assets), and 27.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 61%, liquidity 41%, profitability 23%, growth against the median 37%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €12,824
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · No main activity registered
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Founded in 2009
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · No establishment unit in the KBO
In the bankruptcy model this factor raises the probability.
KBO · seat and establishments
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
2 d early
2021
1 d early
2020
on the day
2019
20 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 3 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 30 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close02-10-2026 today30-04-2027 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet -€1,754

Key points

  • Risk: 6 loss-making years in a rowloss fiscal year 2025 -€211 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Total assets 20256 fiscal years filed €12,824 View

By topic

Financials

Fiscal year
2025
Total assets
€12,824
Loss
-€211
Solvency
72.7%
Total assets▲ 4.6%
Net result
20192025
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 30-04-2027
  1. 30-04-2026Annual accounts filed
  2. 30-04-2025Annual accounts filed
  3. 30-09-2024Weakest financial year
Go to Timeline

Company details

Legal form
Private limited company (pre-2019)
Founded
17-03-2009
Year ends
30-09
Peppol
Not found in the Peppol directory
Go to Company details

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