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P&L Projects

Active Private limited companyfounded 2016active for 10 yearsOosterveldlaan 7, 2020 AntwerpKBO/BCE: BE 0652.876.118

Lifetime

10 annual accounts with figures on one time axis
peak €522,539 (2017)
€9,035▼ 89.2%
lowest -€15,876 (2025)
-€15,876▼ €41,490
peak €738,739 (2018)
€456,193▼ 3.4%
€94,362▼ 7.1%
Board2 names since 2016
2 directorsLAMBERT JULY and 1 other
Documentsfilings and deeds
21-10-202682 days late
2025micro format
Gross margin from €83,459 to €9,035Loss of €15,876Investments €192,835Cash from €35,908 to €21,753

Key points

from the 2025 annual accounts

Turnover

≈ €42,000 estimated

The micro format states no turnover.

Filings

10 annual accounts 82 days
AprilJune31 JulyOctober20202025

Latest accounts filed late: after the legal deadline.

Position in the sector

-€15,876

Lower net result than 91% of companies in head offices and management consultancy. Sector median €27,142 · 39,376 companies.

Checked score

82
Excellent
Financially stronger than 46% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.2 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.2%▼ -0.1 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.5%▲ +0.1 percentage points vs 09-2026highest value 11-2026: 0.5%● unchanged vs 10-2026highest value

Financial strength
Strong

100=equity 82.9% of total assets
50-3short-term debt 17.1% · cash 4.0%
65-9return on assets -2.9%

Score breakdown

raises risk
Last filed accounts filed 82 days late; 3 of the last 3 accounts late
Loss of €15,876 (financial year 2025)
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €550,555
Calculation

The band follows from the bankruptcy probability. 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 70, micro). It does better than 86% of them on solvency, 36% on liquidity, 29% on profitability and 34% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 2,686 companies had the same profile as P&L Projects has now. Each dot stands for 7 companies, two years later.

93.7%
were still trading
5.4%
stopped another way
0.6%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of P&L Projects itself: 0.5% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,686 companies, not a prediction for P&L Projects. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €35,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.82 (4.52 in 2024), above the usual 1.5. Short-term debt is 17.1% and cash 4% of total assets. 17.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 82 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Loss of €15,876 (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €550,555
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 82 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-10-2026, 82 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
82 days late
2024
61 days late
2023
55 days late
2022
8 days late
2021
1 day late
2020
90 days late
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 47 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 September (4 of the last 5 accounts filed within 48 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

LJ
LAMBERT JULY
Director, since 26-04-2016
PF
Pieters Frank
Director, since 26-04-2016

Shares in 3 companies, including AQUILON PHARMACEUTICALS and AVASOL

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0652876118
Amendment of the articles · Legal-form change · Resignations & appointments Legal-form conversion: from private limited company (pre-2019) to private limited company · Gazette deed
Registered office moved within Antwerp New registered office: Oosterveldlaan 7- 2020 Antwerpen · Previous registered office: Bosmanslei 15, 2018 Antwerpen · Gazette deed
Incorporation published on 29-04-2016 · Gazette deed
All 20 events

Comparable companies

same main activity, similar in size and age
Company
P&L Projects Antwerp €550,555 €9,035 82.9% -
IKALIA Ixelles €536,820 €8,493 41.8% -
TCS MANAGEMENT Tournai €534,992 €9,806 64.4% -
CIGALES Evere €636,037 €9,139 11.6% -
VALORIS BELGIUM Tournai €534,688 €10,812 30.4% -
MAC MANAGEMENT Tournai €647,556 €9,303 54.7% -
ANTHONY CAUWELS SERVICE Bruges €619,221 €9,068 21.6% 0

These companies have the same main activity as P&L Projects: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €535,000 and €648,000, founded between 2015 and 2017.

Official details

Source: KBO
Status
Active since 27-04-2016Normal situation
Activity
Business and other management consultancyNACE 70200and 1 other
Establishment unit
2.252.711.1722020 Antwerp, since 27-04-2016
Financial year end
31 December
Peppol
Reachable since 01-08-2025
Company details

Annual accounts 2025

€550,555▼ 4.0%
Filing
Filed on 21-10-2026
Financials

Companies linked to P&L Projects

Subsidiaries and holdings

Insights on P&L Projects

P&L Projects files the micro format. That format states no turnover. The gross margin fell from €206,714 in 2016 to €9,035 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about P&L Projects

What is the company number of P&L Projects?
The company number of P&L Projects is 0652.876.118. The VAT number is the same number with BE in front: BE 0652.876.118.
Where is P&L Projects based?
The registered office is at Oosterveldlaan 7, 2020 Antwerp.Company details
What does P&L Projects do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of P&L Projects?
P&L Projects is a private limited company (BV).
When was P&L Projects founded?
P&L Projects was founded on 27-04-2016.
Is P&L Projects still active?
Yes, P&L Projects is an active enterprise in the KBO register.
What is the turnover of P&L Projects?
The turnover in financial year 2025 is ≈ €42,000. This figure is estimated from the gross margin of €9,035 and 205 comparable companies (NACE 70200). It probably lies between €20,000 and €84,000. It is a rough estimate.Financials
Is P&L Projects profitable?
In financial year 2025, P&L Projects made a loss of €15,876.
Where can I find the annual accounts of P&L Projects?
P&L Projects filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of P&L Projects due?
P&L Projects must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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