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PEOPLES PROJECTS

Active
Public limited companyfounded 1992active for 33 yearsBeke 20, 9950 Lievegem, BelgiumKBO/BCE: BE 0448.632.423
Summary

PEOPLES PROJECTS has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €321,742 and a net result of €1,981. Equity remains stable across the filed financial years (±0.2% per year). Its solvency ranks better than 27% of 11,186 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisFollow ReportCompare
PEOPLES PROJECTSActiveChecked score 67/100
Risk analysis ReportCompare

Overview

Activity
Development of non-residential building projects
NACE 68122Business and other management consultancy NACE 70200
10th largest company by total assets in Lievegem, Real estate sector1 site
Size
€3.8mtotal assets 2025
Staff
1.9 FTE
Equity
€321,742
Profit
€1,981
Turnover not published (abbreviated format)
Financial health
67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Board
5 members
Accounts 16 days early6 of 14 deeds read
Why 67raises riskLiquidity: current ratio 0.25, cash €14,978, halvedEquity €321,742 (8.6% of total assets)1 change of registered office in 24 monthslowers riskSize: 1.9 FTE, total assets €3.8mShow the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 29% of its sector peers (NACE 68, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 34=
equity 8.6% of total assets
Liquidity 20-25
short-term debt 59.5% · cash 0.4%
Profitability 29=
return on assets 0.1%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,608 companies, NACE 68, micro)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.7%▲ +0.1 percentage points vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.8%▲ +0.1 percentage points vs 02-2025 04-2025: 0.5%▼ -0.3 percentage points vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.3%▼ -0.2 percentage points vs 10-2025lowest value 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.7%▲ +0.4 percentage points vs 01-2026 03-2026: 0.8%▲ +0.1 percentage points vs 02-2026 04-2026: 0.9%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 0.8%▼ -0.1 percentage points vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.25, compared with 0.68 in 2024, below 1; short-term debt: 59.5% and cash: 0.4% of total assets), and 91.4% 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 68, micro): better than 29% on solvency, 16% on liquidity, 25% on profitability and 48% on growth.

The bankruptcy probability was computed on 23-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.25, cash €14,978, halved
NBB · annual accounts
raises risk · Equity €321,742 (8.6% of total assets)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: 1.9 FTE, total assets €3.8m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 14-04-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 days early
2024
34 days early
2023
32 days early
2022
37 days early
2021
31 days early
2020
31 days early
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 30 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end24-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Wim Van Eeghem (director)Gazette deed
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Registered office · Capital & shares…Auditor report · Merger ·…

Key points

  • Positive: 10th largest company by total assets in Lievegem, Real estate sectorin the Checked rankings No. 10 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Merger with FREELANG-INVESTmerger on 03-11-2025 2025 View
  • Positive: 7 profitable years in a rowprofit 2025: €1,981 7 years View

By topic

Financials

Financial year
2025
Total assets
€3.8m
Profit
€1,981
Solvency
8.6%
Total assets▲ 0.8%
Net result
20192025
Go to Financials

Board & ownership

Board
5 members
  • Robert VanheersDirector
  • Freddy BassensDirector
  • Dias NicoleManaging director
  • Van Hootegem JoakimDirector
  • Van Hootegem KyrlynDirector
Go to Board & ownership

Timeline

Events
40
Since
1994
Next accounts
by 30-04-2027
  1. 19-11-2025Restructuring
  2. 04-06-2025Appointment: Freddy Bassens (director)
  3. 27-03-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Development of non-residential building projectsNACE 68122
Founded
29-10-1992
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
22
Who signs
Two directors jointly, or a managing director alone
Purpose
“A.Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle…” (deed in Dutch)
Go to Articles of association

Key facts about PEOPLES PROJECTS

What is the company number of PEOPLES PROJECTS?
0448.632.423. In Belgium the VAT number is the company number with BE in front: BE 0448.632.423.
Where is PEOPLES PROJECTS based?
The registered office is at Beke 20, 9950 Lievegem.Company details
What does PEOPLES PROJECTS do?
According to the KBO register, the main activity is development of non-residential building projects (NACE 68122).
What is the legal form of PEOPLES PROJECTS?
Public limited company (NV).
When was PEOPLES PROJECTS founded?
On 29-10-1992.
Is PEOPLES PROJECTS still active?
Yes, PEOPLES PROJECTS is an active enterprise in the KBO register.
How many employees does PEOPLES PROJECTS have?
On average 1.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PEOPLES PROJECTS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is PEOPLES PROJECTS profitable?
In financial year 2025, PEOPLES PROJECTS made a profit of €1,981.
Where can I find the annual accounts of PEOPLES PROJECTS?
PEOPLES PROJECTS filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PEOPLES PROJECTS due?
By 30-04-2027, for financial year 2026.Timeline

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