MAKE A PROJECT
ActiveMAKE A PROJECT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126k and a net result of €29k. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 27% of 6956 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency36▼-5
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.22 in 2024), and 76.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 70
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
23.1%
Return on assets
5.3%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
25 d late
2023
28 d late
2022
17 d late
2021
19 d late
2020
16 d late
2019
2 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
Equity
€126k▲ 3.0%
2024 · €123k
2018: €54k
2019: €62k
2020: €63k
2021: €48k
2022: €78k
2023: €96k
2024: €123k
2018 → 2025
Total assets
€545k▲ 9.3%
2024 · €499k
2018: €111k
2019: €106k
2020: €110k
2021: €139k
2022: €368k
2023: €539k
2024: €499k
2018 → 2025
Net result
€29k▼ 38.6%
2024 · €47k
2018: €8k
2019: €9k
2020: €1k
2021: €6k
2022: €26k
2023: €63k
2024: €47k
2018 → 2025
Working capital
€15k▼ 30.5%
2024 · €22k
2018: €35k
2019: €47k
2020: €44k
2021: €22k
2022: €16k
2023: €12k
2024: €22k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€48k-€78k▲ 64.2%€96k▲ 22.9%€123k▲ 27.8%€126k▲ 3.0%
Operating result€11k-€39k▲ 268%€95k▲ 147%€76k▼ 20.0%€52k▼ 31.4%
Net result€6k-€26k▲ 339%€63k▲ 138%€47k▼ 25.1%€29k▼ 38.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €545k
Fixed assets
€437k▲ 16.4%
Current assets
€109k▼ 12.2%
Equity and liabilities €545k
Equity
€126k▲ 3.0%
Debt
€419k▲ 11.4%
The debt ratio rises from 75.4% to 76.9%: debt grows faster than equity.
Key figures and ratios
EBITDA
€81k▼
2024 · €101k
Cash flow
€57k▼
2024 · €72k
Solvency
23.1%▼
2024 · 24.6%
Current ratio
1.16▼
2024 · 1.22
Quick ratio
1.16▼
2024 · 1.22
Debt / equity
3.32▲
2024 · 3.07
ROE
22.9%▼
2024 · 38.5%
ROA
5.3%▼
2024 · 9.4%
Interest coverage
10.04▼
2024 · 11.67
Debt
€419k▲
2024 · €376k
Debt ≤ 1 year
€93k▼
2024 · €102k
Debt > 1 year
€320k▲
2024 · €275k
Income taxes
€16k▼
2024 · €21k
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€499k€545k▲
Fixed assets21/28€375k€437k▲
Tangible fixed assets22/27€373k€435k▲
Land and buildings22€337k€328k▼
Furniture and vehicles24€20k€93k▲
Other tangible fixed assets26€16k€14k▼
Financial fixed assets28€2k€2k=
Current assets29/58€124k€109k▼
Amounts receivable within one year40/41€32k€37k▲
Trade receivables40€27k€29k▲
Other amounts receivable41€5k€8k▲
Cash at bank and in hand54/58€90k€70k▼
Deferred charges and accrued income490/1€825€2k▲
Equity and liabilities
Total equity and liabilities10/49€499k€545k▲
Equity10/15€123k€126k▲
Reserves13€123k€126k▲
Non-distributable reserves130/1€123k€126k▲
Other1319€123k€126k▲
Amounts payable17/49€376k€419k▲
Amounts payable after more than one year17€275k€320k▲
Financial debts170/4€275k€320k▲
Amounts payable within one year42/48€102k€93k▼
Current portion of amounts payable after more than one year42€24k€28k▲
Trade debts44€11k-
Suppliers440/4€11k-
Taxes, remuneration and social security45€12k€13k▲
Taxes450/3€10k€10k▲
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€54k€52k▼
Accrued charges and deferred income492/3-€6k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€28k▲
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€103k€86k▼
Operating profit (loss)9901€76k€52k▼
Financial income75/76B€58€434▲
Recurring financial income75€58€434▲
Financial charges65/66B€9k€8k▼
Recurring financial charges65€9k€8k▼
Profit (loss) for the period before taxes9903€68k€45k▼
Income taxes67/77€21k€16k▼
Profit (loss) for the period9904€47k€29k▼
Profit (loss) for the period to be appropriated9905€47k€29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€47k€29k▼
Transfer from equity791/2€20k€24k▲
Transfer to equity691/2€47k€28k▼
To other reserves6921€47k€28k▼
Profit to be distributed694/7€20k€25k▲
Return on contributions (dividend)694€20k€25k▲
The notes to these accounts (10 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Equity above €100kEq €123k ▲27.8%
7 profitable years in a row build equity to €123k.
21-10
State Gazette act
Board meeting · Statutes amendment
Power of attorney · Permanent representative
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Highest result since 2018net €63k ▲138%
Operating result €95k, net result €63k, both a record.
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
31-12
Financial
Weakest financial yearnet €1k ▼83%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
14-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 14 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
3 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, Watermaal-Bosvoorde · 1 establishment unit since 2015
Ground area
328 m²
Building footprint
120 m²
Volume, LiDAR
1,279 m³
Parcel 21652E0285/00W003, Brussels · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MAKE A PROJECT
since 20152.240.959.524
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0285/00W003 | Brussels | 328 m² | 1 · 120 m² | 15.7 m · 4 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.
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Of 82,201 companies in sector 70200 we hold annual accounts for 52,400. 40,715 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-02-2015
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.