Financials
- Financial year
- 2024
- Total assets
- €18,965
- Profit
- €4,614
- Solvency
- 32.2%
NEXT PROJECT
ActiveSummary
The computed 12-month bankruptcy probability of NEXT PROJECT is 13.3% (high). The 2024 annual accounts show equity of €6,114 and a net result of €4,614. Its solvency ranks better than 34% of 35,975 sector peers (NACE 43, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Site preparation
NACE 43120
1 site
Size
€18,965total assets 2024
- Equity
- €6,114
- Profit
- €4,614
Turnover not published (micro format)
Structure
Accounts filed 107 days late
Why 30raises risk1 financial year not filed after the legal deadline; latest accounts 107 days late; 1 of the last 3 late1 change of registered office in 24 monthsFigures for financial year 2024 (filed 15-11-2025)Liquidity: current ratio 1.48Show the evidence
Checked score
Score 2024
30
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 45% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency
57
equity 32.2% of total assets
Liquidity
28
short-term debt 67.8%
Profitability
98
return on assets 24.3%
Bankruptcy probability, 12 months
13.3%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2025: 3.9%lowest value
06-2025: 4.0%▲ +0.1 percentage points vs 05-2025
07-2025: 4.1%▲ +0.1 percentage points vs 06-2025
08-2025: 4.7%▲ +0.6 percentage points vs 07-2025
09-2025: 4.7%● unchanged vs 08-2025
10-2025: 5.1%▲ +0.4 percentage points vs 09-2025
11-2025: 5.3%▲ +0.2 percentage points vs 10-2025
12-2025: 7.6%▲ +2.3 percentage points vs 11-2025
01-2026: 7.7%▲ +0.1 percentage points vs 12-2025
02-2026: 7.7%● unchanged vs 01-2026
03-2026: 7.8%▲ +0.1 percentage points vs 02-2026
04-2026: 9.1%▲ +1.3 percentage points vs 03-2026
05-2026: 9.4%▲ +0.3 percentage points vs 04-2026
06-2026: 9.6%▲ +0.2 percentage points vs 05-2026
07-2026: 9.4%▼ -0.2 percentage points vs 06-2026
08-2026: 10.0%▲ +0.6 percentage points vs 07-2026
09-2026: 10.0%● unchanged vs 08-2026
10-2026: 13.3%▲ +3.3 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.48, below the usual 1.5; short-term debt: 67.8% of total assets), and 67.8% of the assets are financed with debt and provisions.
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 34% on solvency, 17% on liquidity and 84% on profitability.
The bankruptcy probability was computed on 18-10-2026 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.
raises risk
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-11-2025, 107 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filingDeviation from the deadline
2024
107 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 107 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Resignation: ILERI Halil-Ibrahim (administrateur délégue)Share transfer · Registered-office move…
- IncorporationAppointments: TERMETAJ Albano (director) and…
Key points
By topic
Timeline
- Events
- 3
- Since
- 2024
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Site preparationNACE 43120
- Founded
- 15-04-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 28
- Annual meeting
- Second Thursday of June at 18:00
- Statutory auditor
- No statutory auditor
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