O.G. PROJECT
The computed 12-month bankruptcy probability of O.G. PROJECT is 3.7% (moderate). The 2023 annual accounts show negative equity (€-66k) and a net result of €-40k. Equity is shrinking by ~131.8% per year across the filed fiscal years. Its solvency ranks better than 6% of 187 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-66k |
| Net result | €-40k |
| Better than sector | 6% |
| Active | 5 yrs |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -116.9% | 45.2% | |
| Net result | €-40k | €6k | |
| Equity | €-66k | €24k | |
| Gross operating margin | €-31k | €21k | |
| Total assets | €56k | €75k |
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-32k |
| Net profit | €-40k |
| Cash flow | €-33k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €56k |
| Equity | €-66k |
| Debt | €122k |
| of which ≤ 1y | €122k |
| of which > 1y | - |
| Working capital | €-99k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 0.19 |
| Quick ratio | 0.10 |
| Working capital ratio | -175.8% |
| Solvency | -116.9% |
| Debt / equity | -1.86 |
| Long-term debt ratio | - |
| Interest coverage | -35.04 |
| Gross margin | - |
| Net margin | - |
| ROA | -71.5% |
| ROE | 61.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €56k |
| Fixed assets | 21/28 | €33k |
| Intangible fixed assets | 21 | €1k |
| Tangible fixed assets | 22/27 | €30k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €23k |
| Stocks & contracts in progress | 3 | €11k |
| Amounts receivable within one year | 40/41 | €11k |
| Cash & bank | 54/58 | €277 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €56k |
| Equity | 10/15 | €-66k |
| Contributions / capital | 10/11 | €15k |
| Accumulated profits (losses) | 14 | €-81k |
| Amounts payable | 17/49 | €122k |
| Amounts payable within one year | 42/48 | €122k |
| Trade debts payable within one year | 44 | €9k |
| Income statement | ||
| Gross operating margin | 9900 | €-31k |
| Operating result | 9901 | €-39k |
| Financial income | 75 | €6 |
| Financial charges | 65 | €908 |
| Result before taxes | 9903 | €-40k |
| Net result for the period | 9904 | €-40k |
| Result to be appropriated | 9905 | €-40k |
-
Current19-02-2026 → present
Former directors (1)
-
Former- → 19-02-2026
| NACE primary | Overige activiteiten op het gebied van drukwerk(18120) |
| Legal form | Private limited company(610) |
| Incorporation | 13-04-2021 |
| Status | Active |
| Postal code | 1300 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112C0019/00L000 | Wallonia | 1.5 ha | 1 · 4,038 m² | 6.6 m · 2 fl. |
| 23546E0060/00K000 | Flanders | 2,756 m² | 1 · 204 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
09-03-2026 1 director appointed, 1 resigning
- DE BELVA Michaël, Bestuurder
- LENAERTS David, Bestuurder
Technical details
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"kind": "director_out",
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"name": "LENAERTS David",
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},
"reason": "de_plein_droit_dissolution",
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "En troisi\u00E8me r\u00E9solution, l\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de mettre fin au mandat de l\u0027administrateur actuel ci-apr\u00E8s mentionn\u00E9: Monsieur LENAERTS David, conform\u00E9ment \u00E0 la d\u00E9cision de l\u0027assembl\u00E9e g\u00E9n\u00E9rale tenue sous seing priv\u00E9 et dat\u00E9e du 29 janvier 2026.",
"decharge_status": "granted",
"mandate_duration": null,
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"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale accorde pleine et enti\u00E8re d\u00E9charge \u00E0 l\u0027administrateur d\u00E9missionnaire pour l\u0027ex\u00E9cution de son mandat.",
"decharge_status": "granted",
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{
"kind": "director_in",
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"name": "DE BELVA Micha\u00EBl",
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"profession": null,
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},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "Est nomm\u00E9 administrateur non statutaire pour une dur\u00E9e ind\u00E9termin\u00E9e: Monsieur DE BELVA Micha\u00EBl, ici repr\u00E9sent\u00E9, qui accepte le mandat.",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
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},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
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}
],
"notary": {
"name": "Simon WETS",
"firm_city": null,
"firm_name": "Benjamin Wets \u0026 Simon Wets, notaires associ\u00E9s",
"office_city": "Schaerbeek",
"is_associated": true
},
"act_meta": {
"language": "mixed",
"pub_date": "2026-03-09",
"filing_date": "2026-02-04",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2026-02-25",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2026-02-25",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2026-02-25",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2026-02-25",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0766.656.326",
"name_full": "O.G. PROJECT",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Simon WETS",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"exp\u00E9dition de l\u0027acte",
"statuts coordonn\u00E9es"
],
"corrected_publication_numac": null
}19-02-2026 Registered office moved from Asse to Wavre
- Hortensialaan 8, 1731 Asse → avenue Eiffel 8, 1300 Wavre
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Wavre",
"region": "Waals",
"street": "avenue Eiffel",
"country": "BE",
"postcode": "1300",
"box_number": null,
"street_number": "8"
},
"old_address": {
"city": "Asse",
"region": "Vlaams",
"street": "Hortensialaan",
"country": "BE",
"postcode": "1731",
"box_number": null,
"street_number": "8"
},
"effective_date": "2026-02-05",
"evidence_quote": "De algemene vergadering beslist de zetel van de vennootschap te verhuizen naar het volgende adres: Wavre (1300) avenue Eiffel, 8."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0766.656.326",
"name_full": "O.G. PROJECT",
"legal_form": "BV"
}
}15-04-2021 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "Hortensialaan 8, 1731 Zellik",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1986-10-21",
"name": "LENAERTS David",
"niss": null,
"address": "Zenitstraat 36, 1082 Sint-Agatha-Berchem"
},
"share_class": "ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 12750,
"holder_person_name": "LENAERTS David",
"is_subscriber_only": true,
"n_shares_subscribed": 1275,
"amount_subscribed_eur": 12750,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1981-11-18",
"name": "LENAERTS Fanny",
"niss": null,
"address": "Hortensialaan 8, 1731 Zellik"
},
"share_class": "ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2250,
"holder_person_name": "LENAERTS Fanny",
"is_subscriber_only": true,
"n_shares_subscribed": 225,
"amount_subscribed_eur": 2250,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 15000,
"subject_company": {
"kbo": "0766.656.326",
"name_full": "O.G. PROJECT",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2021-04-12",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | O.G. PROJECT |