M-Projex
ActiveM-Projex has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €131k and a net result of €64k. Equity is growing by ~86.6% per year across the filed fiscal years. Its solvency ranks better than 83% of 1886 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +21 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+33
Growth78=
Stability82
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days only on tighter terms
Liquidity ample (current ratio 3.14 against 0.55 in 2024), and 14.3% of the assets are financed with debt.
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
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← 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
85.7%
Return on assets
41.8%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
28 d late
2024
61 d late
2023
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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€153k
2023 · €0
2023: €0
2023 → 2024
EBIT margin
43.5%
Net result
€64k▲ 22.4%
2024 · €52k
2023: €12k
2024: €52k
2023 → 2025
Working capital
€47k
2024 · €-16k
2023: €-8k
2024: €-16k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€0-€153k
Equity€15k-€67k▲ 352%€131k▲ 95.3%
Operating result€15k-€66k▲ 339%€82k▲ 23.6%
Net result€12k-€52k▲ 320%€64k▲ 22.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 24% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €153k
Fixed assets
€84k▲ 1.8%
Current assets
€69k▲ 254%
Equity and liabilities €153k
Equity
€131k▲ 95.3%
Debt
€22k▼ 37.8%
The debt ratio falls from 34.3% to 14.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€92k▲
2024 · €74k
Cash flow
€74k▲
2024 · €60k
Solvency
85.7%▲
2024 · 65.7%
Current ratio
3.14▲
2024 · 0.55
Quick ratio
3.14▲
2024 · 0.55
Debt / equity
0.17▼
2024 · 0.52
ROE
48.8%▼
2024 · 77.9%
ROA
41.8%▼
2024 · 51.1%
Interest coverage
103.82▲
2024 · 47.45
Debt
€22k▼
2024 · €35k
Debt ≤ 1 year
€22k▼
2024 · €35k
Income taxes
€17k▲
2024 · €13k
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€102k€153k▲
Fixed assets21/28€83k€84k▲
Tangible fixed assets22/27€83k€84k▲
Land and buildings22€65k€67k▲
Furniture and vehicles24€18k€18k▼
Current assets29/58€19k€69k▲
Amounts receivable within one year40/41€19k€29k▲
Trade receivables40€14k€21k▲
Other amounts receivable41€5k€7k▲
Cash at bank and in hand54/58€293€19k▲
Deferred charges and accrued income490/1€241€21k▲
Equity and liabilities
Total equity and liabilities10/49€102k€153k▲
Equity10/15€67k€131k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€65k€129k▲
Amounts payable17/49€35k€22k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€35k€22k▼
Trade debts44€1k€5k▲
Suppliers440/4€1k€5k▲
Taxes, remuneration and social security45€10k€17k▲
Taxes450/3€10k€17k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€24k-
Income statement
Code20242025
Turnover70€153k-
Goods, raw materials, services and sundry goods60/61€79k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€10k▲
Other operating charges640/8€596€2k▲
Non-recurring operating charges66A€122€193▲
Gross operating margin9900€74k€94k▲
Operating profit (loss)9901€66k€82k▲
Financial income75/76B€147€12▼
Recurring financial income75€147€12▼
Financial charges65/66B€2k€886▼
Recurring financial charges65€2k€886▼
Profit (loss) for the period before taxes9903€65k€81k▲
Income taxes67/77€13k€17k▲
Profit (loss) for the period9904€52k€64k▲
Profit (loss) for the period to be appropriated9905€52k€64k▲
Appropriation of the result
Profit (loss) to be appropriated9906€65k€129k▲
Profit (loss) brought forward from the previous period14P€12k€65k▲
The notes to these accounts (5 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Highest result since 2023net €64k ▲22.4%
Operating result €82k, net result €64k, both a record.
31-12
Financial
Liquidity times 6current ratio 3.14
Current ratio from 0.55 to 3.14; short-term debt falls from €35k to €22k.
31-12
Financial
Equity above €100kEq €131k ▲95.3%
3 profitable years in a row build equity to €131k.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Puurs-Sint-Amands · 1 establishment unit since 2023
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.
Turkenhofdreef 262870 Puurs-Sint-AmandsGround area
5,055 m²
Building footprint
250 m²
Parcel 12022A0088/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
M-Projex
since 20232.350.969.697
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12022A0088/00E000 | Flanders | 5,055 m² | 1 · 250 m² | - |
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.
Similar companies · same sector, comparable size
RUIMTE
BE 0802.699.645
Ledegem · Eq €131k
ABIS Solutions
BE 0662.584.729
Edegem · Eq €131k
I4X
BE 0535.867.293
Herk-de-Stad · Eq €131k
DVB CONSULTING & SERVICES
BE 0752.532.631
Hasselt · Eq €132k
KATRIEN DAEMS
BE 0769.633.830
Herk-de-Stad · Eq €131k
Of 3,141 companies in sector 63920 we hold annual accounts for 1,516. 1,247 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-09-2023
Fiscal year end31-12
Activities, NACEBEL
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
68201Renting and operating of own or leased residential real estate, excluding social housing
71209Other technical testing and analysis
85599Other education
86905Human health activities
86951Physiotherapy
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.