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MR PROJECTS

Active
Private limited companyfounded 201511 years activeHeihoef 3, 2275 Lille, BelgiumKBO/BCE: BE 0507.988.802
Summary

MR PROJECTS has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €151,359 and a net result of €6,163. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 24% of 9,546 sector peers (NACE 43, fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
€654,503total assets 2025
Staff
3.6 FTE
Equity
€151,359
Profit
€6,163
Turnover not published (abridged schema)
Financial health
70 Healthy Checked score 2025
Bankruptcy probability, 12 months
0.6%
Structure
Accounts on time0 of 3 deeds read
Why 70- Sector Specialised construction activities (NACE 43)- Equity €151,359 (23.1% of total assets)+ Liquidity: current ratio 0.95, cash €126,526+ Founded in 2015Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 37% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency 48+2
equity 23.1% of total assets
Liquidity 54+18
short-term debt 42.4% · cash 19.3%
Profitability 63+21
return on assets 0.9%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,518 companies)
Last 24 months 11-2024: 2.4% 12-2024: 2.4%● unchanged vs 11-2024 01-2025: 2.4%● unchanged vs 12-2024 02-2025: 2.4%● unchanged vs 01-2025 03-2025: 2.4%● unchanged vs 02-2025 04-2025: 2.4%● unchanged vs 03-2025 05-2025: 2.4%● unchanged vs 04-2025 06-2025: 2.4%● unchanged vs 05-2025 07-2025: 2.3%▼ -0.1 percentage points vs 06-2025 08-2025: 2.7%▲ +0.4 percentage points vs 07-2025 09-2025: 2.7%● unchanged vs 08-2025 10-2025: 3.0%▲ +0.3 percentage points vs 09-2025highest value 11-2025: 0.6%▼ -2.4 percentage points vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.4%▼ -0.2 percentage points vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.3%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026 10-2026: 0.6%▲ +0.1 percentage points vs 09-2026
Credit up to €10,000 at 30 days acceptable
Liquidity short (current ratio 0.95 against 0.92 in 2024; short-term debt: 42.4% and cash: 19.3% of total assets), and 76.9% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 25% on solvency, 50% on liquidity, 30% on profitability and 45% on growth.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Sector Specialised construction activities (NACE 43)
KBO
lowers risk · Liquidity: current ratio 0.95, cash €126,526
NBB · annual accounts
raises risk · Equity €151,359 (23.1% of total assets)
NBB · annual accounts
lowers risk · Founded in 2015
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 9546 sector peers (2025).
NBB · sector comparison
Position among 9546 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
6 days early
2023
1 day early
2022
on the day
2021
2 days early
2020
28 days late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 3 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 30 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close07-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Back to profitnet €6,163
  3. Equity above €150,000Eq €151,359 ▲4.2%

Key points

  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • Total assets 20256 fiscal years filed €654,503 View
  • Active since 2015founded 05-01-2015 11 years View

By topic

Financials

Fiscal year
2025
Total assets
€654,503
Profit
€6,163
Solvency
23.1%
Total assets▼ 7.2%
Net result
20192025
Go to Financials

Timeline

Events
16
Since
2016
Next accounts
by 31-10-2026
  1. 25-10-2024Annual accounts filed
  2. 31-03-2024Weakest financial year
  3. 30-10-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
05-01-2015
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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