Checked.be
Active
BE 0717.953.616Private limited company
O-PROJECTS
Doorniksewijk(Kor) 78 ·8500 Kortrijk, Belgium· 7 yrs active
Sector: Urban planning and landscape architecture
(71113)
Conclusion
O-PROJECTS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €178k and a net result of €4k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 34% of 1165 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €178k |
| Net result | €4k |
| Better than sector | 34% |
| Active | 7 yrs |
Financial profile
69
/ 100
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Health
79
Profitability
11
Solvency
79
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2019, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
79
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€14k
estimate, not credit advice
Score history
36
2023
77
2024
79
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 2.38 (≥ 1.5)
+10
Quick ratio
Quick ratio 2.17 (≥ 1.0)
+5
Leverage
Debt/equity 1.77 (< 2.0)
+3
Profitability
ROE 2%
+3
Interest coverage
Interest coverage 18.6× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 09-02-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 3 fiscal years (±2.4%/year).
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
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).
Sector comparison
Fiscal year 2025 · NACE 71, Architectural and engineering activities; technical testing and analysis · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 36.0% | 55.2% | |
| Net result | €4k | €23k | |
| Equity | €178k | €51k | |
| Gross operating margin | €57k | €43k | |
| Total assets | €494k | €106k |
€48k
+20.5%
23-25
€4k
-16.1%
23-25
€43k
+22.2%
23-25
€494k
-1.4%
23-25
€178k
+2.2%
23-25
€40k
+622.5%
23-25
€3k
+8.5%
23-25
€316k
-3.3%
23-25
€29k
-30.3%
23-25
€285k
0.0%
23-25
2.38
+110.3%
23-25
2.17
+128.5%
23-25
36.0%
+3.6%
23-25
1.77
-5.4%
23-25
2.1%
-17.9%
23-25
0.8%
-14.9%
23-25
18.60
+2.8%
23-25
Figures by fiscal year and ratios
Change versus the prior fiscal year, coloured by direction (green = favourable).
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | +20.5% | +152.9% | - |
| Net profit | -16.1% | - | - |
| Cash flow | +22.2% | +185.4% | - |
| Staff costs | - | - | - |
| Income taxes | +8.5% | +54.9% | - |
| Dividends | - | - | - |
| Total assets | -1.4% | +0.9% | - |
| Equity | +2.2% | +2.7% | - |
| Debt | -3.3% | 0.0% | - |
| of which ≤ 1y | -30.3% | -70.7% | - |
| of which > 1y | 0.0% | +54.1% | - |
| Working capital | +622.5% | - | - |
| Employees (FTE) | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 2.38 | 1.13 | 0.23 |
| Quick ratio | 2.17 | 0.95 | 0.19 |
| Working capital ratio | 8.1% | 1.1% | -21.9% |
| Solvency | 36.0% | 34.8% | 34.2% |
| Debt / equity | 1.77 | 1.87 | 1.92 |
| Long-term debt ratio | 1.60 | 1.64 | 1.09 |
| Interest coverage | 18.60 | 18.10 | 8.42 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 0.8% | 0.9% | -0.1% |
| ROE | 2.1% | 2.6% | -0.2% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Balance-sheet composition 2025
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €494k | €501k | €496k |
| Fixed assets | 21/28 | €425k | €454k | €463k |
| Tangible fixed assets | 22/27 | €425k | €454k | €463k |
| Current assets | 29/58 | €69k | €47k | €33k |
| Stocks & contracts in progress | 3 | €6k | €8k | €6k |
| Amounts receivable within one year | 40/41 | €6k | €7k | €9k |
| Investments | 50/53 | €35k | - | - |
| Cash & bank | 54/58 | €21k | €31k | €18k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €494k | €501k | €496k |
| Equity | 10/15 | €178k | €174k | €170k |
| Contributions / capital | 10/11 | €20k | €20k | €20k |
| Reserves | 13 | €158k | €154k | €150k |
| Amounts payable | 17/49 | €316k | €326k | €326k |
| Amounts payable after one year | 17 | €285k | €285k | €185k |
| Amounts payable within one year | 42/48 | €29k | €41k | €141k |
| Trade debts payable within one year | 44 | €6k | €824 | €690 |
| Income statement | ||||
| Gross operating margin | 9900 | €57k | €50k | €18k |
| Operating result | 9901 | €9k | €9k | €3k |
| Financial income | 75 | €252 | €0 | €1 |
| Financial charges | 65 | €3k | €2k | €2k |
| Result before taxes | 9903 | €6k | €7k | €1k |
| Income taxes | 67/77 | €3k | €2k | €2k |
| Net result for the period | 9904 | €4k | €5k | €-366 |
| Result to be appropriated | 9905 | €4k | €5k | €-366 |
Legal Structure
| NACE primary | Urban planning and landscape architecture(71113) |
| Legal form | Private limited company(610) |
| Incorporation | 10-01-2019 |
| Status | Active |
| Postal code | 8500 |
Ownership & control
O-PROJECTSBE 0717.953.616
controls
Where this company holds controlthis company sits on their board1
1 location
Establishment units
O-PROJECTS
since 20192.284.583.293
Real-estate footprint
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452B0683/00G004 | Flanders | 3,364 m² | 1 · 323 m² | 7.1 m · 2 fl. |
| 34022E0119/00M000 | Flanders | 267 m² | 1 · 133 m² | - |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
09-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 9 days late
2025
30-06
Financial
Liquidity doublescurrent ratio 2.38
Current ratio from 1.13 to 2.38; short-term debt falls from €41k to €29k.
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-06
Financial
Liquidity times 5current ratio 1.13
Current ratio from 0.23 to 1.13; short-term debt falls from €141k to €41k.
23-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
08-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
14-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 14 days late
2021
18-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Urban planning and landscape architecture71113Landscape service activities81300
Names & trade names
| Legal nameNL | O-PROJECTS |
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