NC Projects

Active

Private limited companyfounded 20224 yrs activeWaversesteenweg 52, 2500 Lier, BelgiumKBO/BCE: BE 0784.296.666

The computed 12-month bankruptcy probability of NC Projects is 2.7% (moderate). The 2025 annual accounts show equity of €34k and a net result of €-6k. Equity is growing by ~28.8% per year across the filed fiscal years. Its solvency ranks better than 65% of 7391 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

45 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability17▼-76

Solvency83▲+27

Growth52▼-26

Track record94

Bankruptcy probability, 12 months

2.7% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.5k at 30 days acceptable

Liquidity tight (current ratio 1.42 against 1.19 in 2024; short-term debt: 38.6% and cash: 4.7% of total assets), and 42.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

57.7%

Return on assets

-9.8%

Age of the figures

15 mo

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

5 d early

2024

on the day

2023

1 d early

← before the deadline after the deadline →

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.

Companies Code · seven months

Position in the running window

30-06-2026 close19-09-2026 today31-01-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€34k▼ 14.5%

2024 · €39k

2023: €14k 2024: €39k

2023 → 2025

Total assets

€58k▼ 54.7%

2024 · €129k

2023: €41k 2024: €129k

2023 → 2025

Net result

€-6k

2024 · €25k

2023: €11k 2024: €25k

2023 → 2025

Working capital

€9k▼ 40.9%

2024 · €16k

2023: €5k 2024: €16k

2023 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202320242025Trend

Equity€14k-€39k▲ 176%€34k▼ 14.5%

Operating result€15k-€34k▲ 130%€-546

Net result€11k-€25k▲ 133%€-6k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €546 after €34k in 2024, the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €58k

45.1%

54.9%

Fixed assets €26k▼ 4.2%

Current assets €32k▼ 68.4%

Equity and liabilities €58k

57.7%

42.3%

Equity €34k▼ 14.5%

Debt €25k▼ 72.5%

The debt ratio falls from 69.4% to 42.3%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€8k▼

2024 · €41k

Cash flow

€2k▼

2024 · €32k

Solvency

57.7%▲

2024 · 30.6%

Current ratio

1.42▲

2024 · 1.19

Quick ratio

1.31▲

2024 · 1.16

Debt / equity

0.73▼

2024 · 2.27

ROE

-17.0%▼

2024 · 63.8%

ROA

-9.8%▼

2024 · 19.5%

Interest coverage

1.24▼

2024 · 23.16

Debt

€25k▼

2024 · €90k

Debt ≤ 1 year

€23k▼

2024 · €86k

Debt > 1 year

€2k▼

2024 · €4k

Income taxes

€0▼

2024 · €7k

Staff costs

€140

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€129k€58k▼

Fixed assets21/28€28k€26k▼

Tangible fixed assets22/27€28k€26k▼

Plant, machinery and equipment23€23k€22k▼

Furniture and vehicles24€5k€4k▼

Current assets29/58€102k€32k▼

Stocks and contracts in progress3€2k€3k▲

Stocks30/36€2k€3k▲

Amounts receivable within one year40/41€63k€24k▼

Trade receivables40€56k€22k▼

Other amounts receivable41€7k€2k▼

Cash at bank and in hand54/58€34k€3k▼

Deferred charges and accrued income490/1€2k€3k▲

Equity and liabilities

Total equity and liabilities10/49€129k€58k▼

Equity10/15€39k€34k▼

Contributions10/11€4k€4k=

Reserves13€36k€30k▼

Distributable reserves133€36k€30k▼

Amounts payable17/49€90k€25k▼

Amounts payable after more than one year17€4k€2k▼

Financial debts170/4€4k€2k▼

Amounts payable within one year42/48€86k€23k▼

Current portion of amounts payable after more than one year42€2k€2k▲

Trade debts44€27k€18k▼

Suppliers440/4€27k€18k▼

Advances received on contracts in progress46€55k€0▼

Taxes, remuneration and social security45€979€2k▲

Taxes450/3€979€2k▲

Other amounts payable47/48-€538

Accrued charges and deferred income492/3€0-

Income statement Code20242025

Non-recurring operating income76A€13k€0▼

Remuneration, social security and pensions62-€140

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€8k▲

Other operating charges640/8€2k€2k▲

Gross operating margin9900€43k€10k▼

Operating profit (loss)9901€34k€-546▼

Financial income75/76B€96€909▲

Recurring financial income75€96€909▲

Financial charges65/66B€2k€6k▲

Recurring financial charges65€2k€6k▲

Profit (loss) for the period before taxes9903€33k€-6k▼

Income taxes67/77€7k€0▼

Profit (loss) for the period9904€25k€-6k▼

Profit (loss) for the period to be appropriated9905€25k€-6k▼

Appropriation of the result

Profit (loss) to be appropriated9906€25k€-6k▼

Transfer from equity791/2-€6k

Transfer to equity691/2€25k€0▼

To other reserves6921€25k€0▼

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

Download as CSV

Timeline · acts, filings and financial milestones

All 5Financial 2Filings 3

Next filing, fiscal year 2026, expected by 31-01-2027

2026

26-01

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

30-06

Financial Weakest financial yearnet €-6k ▼123%

Net result drops to €-6k, the lowest in the series.

31-01

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

30-06

Financial Highest result since 2023net €25k ▲133%

Operating result €34k, net result €25k, both a record.

30-01

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

2 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, Lier · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Waversesteenweg 522500 Lier

Ground area

385 m²

Building footprint

96 m²

Volume, LiDAR

598 m³

Parcel 12393D0024/00W000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

NC Projects

Waversesteenweg 52, 2500 LierReal estate development

since 20222.329.589.909

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12393D0024/00W000	Flanders	385 m²	1 · 96 m²	10.0 m · 2 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.

Similar companies · same sector, comparable size

TU & NI

BE 0802.227.909

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FONTES CONSTRUCT

BE 0673.646.885

Braine-le-Château · Eq €34k

ETABLISSEMENTS STEENBERGEN MARC

BE 0545.890.165

Lessines · Eq €34k

Entreprise Générale GB

Of 29,803 companies in sector 41001 we hold annual accounts for 16,040. 12,599 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded31-03-2022

Fiscal year end30-06

Activities, NACEBEL

41001General construction of residential buildings

43320Joinery installation

43350Other building finishing work

43990Other specialised construction activities

43999Specialised construction activities

68110Buying and selling of own real estate

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

E-mail:nc.projects@hotmail.com

Enterprise