NP Projects
ActiveSummary
NP Projects has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €21k and a net result of €1k. Equity is growing by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 15% of 1330 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability34▼-6
Solvency37=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.31 in 2023; short-term debt: 75.9% of total assets), and 87.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2024Solvency, return and age of the figures
Solvency
12.1%
Return on assets
0.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 1330 sector peers (2024).
NBB · sector comparisonPosition among 1330 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
23 d early
2023
55 d late
2022
30 d late
2021
26 d late
2020
92 d early
2019
67 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€21k▲ 5.5%
2023 · €20k
Total assets
€177k▲ 5.1%
2023 · €168k
Net result
€1k▼ 27.6%
2023 · €2k
Working capital
€32k▼ 14.1%
2023 · €37k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€28k▲ 165%€7k▼ 75.7%€9k▲ 31.4%€8k▼ 8.7%€8k▲ 3.6%
Net result€19k▲ 2,821%€-1€3k€2k▼ 45.3%€1k▼ 27.6%
Equity€16k€16k=€19k▲ 17.8%€20k▲ 8.3%€21k▲ 5.5%
Total assets€193k▲ 31.3%€184k▼ 4.4%€174k▼ 5.4%€168k▼ 3.4%€177k▲ 5.1%
Debt€177k▲ 18.1%€168k▼ 4.8%€156k▼ 7.6%€148k▼ 4.8%€156k▲ 5.1%
Working capital€57k▲ 44.4%€52k▼ 8.1%€41k▼ 21.9%€37k▼ 8.5%€32k▼ 14.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 4% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €177k
Fixed assets
€11k ▼ 14.7%
Current assets
€166k ▲ 6.7%
Equity and liabilities €177k
Equity
€21k ▲ 5.5%
Debt
€156k ▲ 5.1%
Debt's share of the balance-sheet total stays at 87.9%.
Key figures and ratios
EBITDA
€10k▼
2023 · €13k
Cash flow
€3k▼
2023 · €6k
Current ratio
1.24▼
2023 · 1.31
Quick ratio
0.05▼
2023 · 0.14
Debt to equity
7.29▼
2023 · 7.32
ROE
5.2%▼
2023 · 7.6%
ROA
0.6%▼
2023 · 0.9%
Interest coverage
1.69▼
2023 · 2.46
Debt ≤ 1 year
€134k▲
2023 · €119k
Debt > 1 year
€19k▼
2023 · €29k
Income taxes
€1k▼
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €6k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €4k | €4k | €5k | €2k | ▼ 62.6% |
| Other operating charges640/8 | - | €3k | €2k | €2k | €2k | ▼ 22.2% |
| Non-recurring operating charges66A | - | €492 | €0 | - | - | - |
| Gross operating margin9900 | €34k | €13k | €15k | €15k | €12k | ▼ 21.5% |
| Operating profit (loss)9901 | €28k | €7k | €9k | €8k | €8k | ▲ 3.6% |
| Financial income75/76B | - | €50 | €20 | €0 | €1 | ▲ 265% |
| Recurring financial income75 | €804 | €50 | €20 | €0 | €1 | ▲ 265% |
| Financial charges65/66B | - | €6k | €5k | €5k | €6k | ▲ 15.0% |
| Recurring financial charges65 | €4k | €4k | €5k | €5k | €6k | ▲ 15.0% |
| Non-recurring financial charges66B | - | €2k | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €25k | €497 | €4k | €3k | €2k | ▼ 17.6% |
| Income taxes67/77 | €6k | €498 | €1k | €1k | €1k | ▼ 5.3% |
| Profit (loss) for the period9904 | €19k | €-1 | €3k | €2k | €1k | ▼ 27.6% |
| Profit (loss) for the period to be appropriated9905 | €19k | €-1 | €3k | €2k | €1k | ▼ 27.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €193k | €184k | €174k | €168k | €177k | ▲ 5.1% |
| Fixed assets21/28 | €11k | €13k | €17k | €12k | €11k | ▼ 14.7% |
| Intangible fixed assets21 | - | - | €2k | €1k | €1k | ▼ 25.1% |
| Tangible fixed assets22/27 | €11k | €13k | €16k | €11k | €10k | ▼ 13.4% |
| Land and buildings22 | - | €1k | €802 | €602 | €401 | ▼ 33.3% |
| Plant, machinery and equipment23 | - | €2k | €8k | €7k | €6k | ▼ 12.0% |
| Furniture and vehicles24 | - | €6k | €3k | €0 | - | - |
| Other tangible fixed assets26 | - | €5k | €4k | €4k | €3k | ▼ 12.9% |
| Current assets29/58 | €182k | €171k | €157k | €156k | €166k | ▲ 6.7% |
| Stocks and contracts in progress3 | €59k | €148k | €140k | €139k | €159k | ▲ 14.5% |
| Stocks30/36 | - | €61k | €58k | €58k | €28k | ▼ 52.1% |
| Contracts in progress37 | - | €87k | €82k | €81k | €132k | ▲ 61.9% |
| Amounts receivable within one year40/41 | €24k | €7k | €8k | €10k | €2k | ▼ 80.1% |
| Trade receivables40 | - | €3k | €5k | €10k | €816 | ▼ 91.5% |
| Other amounts receivable41 | - | €5k | €2k | €117 | €1k | ▲ 865% |
| Cash at bank and in hand54/58 | €29k | €2k | €0 | - | - | - |
| Deferred charges and accrued income490/1 | - | €13k | €9k | €7k | €5k | ▼ 26.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €193k | €184k | €174k | €168k | €177k | ▲ 5.1% |
| Equity10/15 | €16k | €16k | €19k | €20k | €21k | ▲ 5.5% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | - | - | €110 | €2k | €3k | ▲ 67.6% |
| Distributable reserves133 | - | - | €110 | €2k | €3k | ▲ 67.6% |
| Profit (loss) carried forward14 | €-3k | €-3k | €0 | - | - | - |
| Amounts payable17/49 | €177k | €168k | €156k | €148k | €156k | ▲ 5.1% |
| Amounts payable after more than one year17 | €52k | €50k | €39k | €29k | €19k | ▼ 34.8% |
| Financial debts170/4 | - | €50k | €39k | €29k | €19k | ▼ 34.8% |
| Amounts payable within one year42/48 | €125k | €119k | €116k | €119k | €134k | ▲ 13.3% |
| Current portion of amounts payable after more than one year42 | - | €15k | €11k | €10k | €10k | ▲ 0.8% |
| Financial debts43 | - | €55k | €57k | €55k | €82k | ▲ 49.4% |
| Credit institutions430/8 | - | €55k | €7k | €55k | €82k | ▲ 49.4% |
| Other loans439 | - | - | €50k | - | - | - |
| Trade debts44 | €47k | €36k | €20k | €5k | €2k | ▼ 63.5% |
| Suppliers440/4 | - | €36k | €20k | €5k | €2k | ▼ 63.5% |
| Taxes, remuneration and social security45 | - | €9k | €7k | €2k | €1k | ▼ 42.3% |
| Taxes450/3 | - | €9k | €7k | €2k | €1k | ▼ 42.3% |
| Remuneration and social security454/9 | - | €0 | - | - | - | - |
| Other amounts payable47/48 | - | €3k | €21k | €47k | €40k | ▼ 15.7% |
| Accrued charges and deferred income492/3 | - | €0 | €475 | €597 | €2k | ▲ 311% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €-1 | €3k | €2k | €1k | ▼ 27.6% |
| + Depreciation and write-downs630 | €3k | €4k | €4k | €5k | €2k | ▼ 62.6% |
| Operating cash flow (approximation) | €22k | €4k | €7k | €6k | €3k | ▼ 54.2% |
| Investment in fixed assets (approximation) | - | €-6k | €-8k | €0 | €0 | - |
| Change in cash | - | €-26k | €-2k | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Weakest financial yearnet €-1
Net result drops to €-1, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €19k ▲2,821%
Operating result €28k, net result €19k, both a record.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Moorslede · 1 establishment unit since 2005
Ground area
1.1 ha
Building footprint
303 m²
Volume, LiDAR
1,699 m³
Parcel 36003A0294/00G000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NATURAL POOLS
since 20052.145.311.881
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36003A0294/00G000 | Flanders | 1.1 ha | 1 · 303 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 393 companies in sector 42990 we hold annual accounts for 182. 112 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-01-2005
Fiscal year end31-12
Activities, NACEBEL 2025
42990Civil engineering
47783Retail trade
Scores and ratios are computed by Checked and are not a credit decision.