PERMA-PROJECTS
ActiveSummary
The computed 12-month bankruptcy probability of PERMA-PROJECTS is 2.6% (moderate). The annual accounts of PERMA-PROJECTS for fiscal year 2025 show a net loss of 67% of the equity at the start of that year. The 2025 annual accounts show equity of €26,082 and a net result of -€52,870. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 18537 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability54▼-15
Solvency29▼-6
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.11 against 0.16 in 2024; short-term debt: 90.4% and cash: 3.5% of total assets), and 96.4% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% 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 2025Solvency, return and age of the figures
Solvency
3.6%
Return on assets
-7.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 18537 sector peers (2025).
NBB · sector comparisonPosition among 18537 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
32 d early
2024
25 d late
2023
30 d early
2022
31 d early
2021
130 d late
2020
5 d late
2019
28 d 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 6 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€52,870
2024 · €1,745
Working capital
-€581,533▼ 6.7%
2024 · -€545,200
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€69,344▼ 21.0%-€11,254▲ 83.8%-€11,071▲ 1.6%€5,621-€50,299
Net result-€69,888below the sector's middle half▼ 20.5%-€15,532below the sector's middle half▲ 77.8%-€15,078below the sector's middle half▲ 2.9%€1,745within the sector's middle half-€52,870below the sector's middle half
Equity€107,816within the sector's middle half€92,284within the sector's middle half▼ 14.4%€77,207within the sector's middle half▼ 16.3%€78,952within the sector's middle half▲ 2.3%€26,082within the sector's middle half▼ 67.0%
Total assets€982,587within the sector's middle half▲ 63.2%€930,915within the sector's middle half▼ 5.3%€867,557above the sector's middle half▼ 6.8%€814,401above the sector's middle half▼ 6.1%€722,853above the sector's middle half▼ 11.2%
Debt€874,771▲ 40.1%€838,631▼ 4.1%€790,350▼ 5.8%€735,449▼ 6.9%€696,771▼ 5.3%
Working capital-€414,241▼ 4.9%-€507,157▼ 22.4%-€557,243▼ 9.9%-€545,200▲ 2.2%-€581,533▼ 6.7%
Solvency11.0%below the sector's middle half▲ 14.7pp9.9%below the sector's middle half▼ 1.1pp8.9%within the sector's middle half▼ 1.0pp9.7%within the sector's middle half▲ 0.8pp3.6%below the sector's middle half▼ 6.1pp
Staff (FTE)0.6below the sector's middle half0.2below the sector's middle half▼ 66.7%1▲ 400%1.9▲ 90.0%1.8▼ 5.3%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €50,299 after €5,621 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €722,853
Fixed assets
€650,847 ▼ 8.3%
Current assets
€72,006 ▼ 31.0%
Equity and liabilities €722,853
Equity
€26,082 ▼ 67.0%
Debt
€696,771 ▼ 5.3%
Debt's share of the balance-sheet total rises from 90.3% to 96.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€13,698▼
2024 · €79,319
Cash flow
€11,126▼
2024 · €75,443
Current ratio
0.11▼
2024 · 0.16
Debt to equity
26.72▲
2024 · 9.32
ROE
-202.7%▼
2024 · 2.2%
ROA
-7.3%▼
2024 · 0.2%
Interest coverage
5.33▼
2024 · 19.53
Debt ≤ 1 year
€653,538▲
2024 · €649,623
Debt > 1 year
€43,233▼
2024 · €85,827
Staff costs
€19,050▲
2024 · €16,465
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 849 companies that looked in July 2024 the way this one looks now, 3.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a small loss
3.9%
went bankrupt
3.3%
stopped otherwise
92%
still going
A further 0.9% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 849 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €3,226 | €1,446 | -€65 | €16,465 | €19,050 | ▲ 15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €41,211 | €57,960 | €66,190 | €73,698 | €63,997 | ▼ 13.2% |
| Other operating charges640/8 | €267 | €1,601 | €1,326 | €596 | €2,743 | ▲ 360% |
| Gross operating margin9900 | -€24,641 | €49,754 | €56,381 | €96,380 | €35,490 | ▼ 63.2% |
| Operating profit (loss)9901 | -€69,344 | -€11,254 | -€11,071 | €5,621 | -€50,299 | ▼ 995% |
| Financial income75/76B | €230 | €56 | €28 | €186 | €1 | ▼ 99.5% |
| Recurring financial income75 | €230 | €56 | €28 | €186 | €1 | ▼ 99.5% |
| Financial charges65/66B | €773 | €3,209 | €3,091 | €4,062 | €2,572 | ▼ 36.7% |
| Recurring financial charges65 | €773 | €3,209 | €3,091 | €4,062 | €2,572 | ▼ 36.7% |
| Profit (loss) for the period before taxes9903 | -€69,888 | -€14,407 | -€14,133 | €1,745 | -€52,870 | ▼ 3,130% |
| Income taxes67/77 | - | €1,125 | €944 | €0 | - | - |
| Profit (loss) for the period9904 | -€69,888 | -€15,532 | -€15,078 | €1,745 | -€52,870 | ▼ 3,130% |
| Profit (loss) for the period to be appropriated9905 | -€69,888 | -€15,532 | -€15,078 | €1,745 | -€52,870 | ▼ 3,130% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €982,587 | €930,915 | €867,557 | €814,401 | €722,853 | ▼ 11.2% |
| Fixed assets21/28 | €731,926 | €768,679 | €762,241 | €709,978 | €650,847 | ▼ 8.3% |
| Intangible fixed assets21 | €1,224 | €636 | €13 | €0 | - | - |
| Tangible fixed assets22/27 | €730,702 | €767,943 | €762,128 | €709,773 | €650,342 | ▼ 8.4% |
| Land and buildings22 | €648,709 | €704,197 | €712,593 | €657,553 | €608,268 | ▼ 7.5% |
| Plant, machinery and equipment23 | €41,406 | €36,772 | €27,381 | €31,135 | €27,931 | ▼ 10.3% |
| Furniture and vehicles24 | €33,427 | €26,974 | €22,154 | €21,085 | €14,143 | ▼ 32.9% |
| Assets under construction and advance payments27 | €7,160 | €0 | - | - | - | - |
| Financial fixed assets28 | - | €100 | €100 | €205 | €505 | ▲ 146% |
| Current assets29/58 | €250,661 | €162,236 | €105,316 | €104,422 | €72,006 | ▼ 31.0% |
| Amounts receivable within one year40/41 | €36,256 | €58,093 | €35,150 | €30,584 | €40,929 | ▲ 33.8% |
| Trade receivables40 | €32,999 | €56,518 | €32,547 | €24,462 | €36,056 | ▲ 47.4% |
| Other amounts receivable41 | €3,257 | €1,575 | €2,604 | €6,123 | €4,873 | ▼ 20.4% |
| Cash at bank and in hand54/58 | €213,987 | €103,661 | €69,143 | €69,502 | €25,609 | ▼ 63.2% |
| Deferred charges and accrued income490/1 | €418 | €482 | €1,023 | €4,337 | €5,468 | ▲ 26.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €982,587 | €930,915 | €867,557 | €814,401 | €722,853 | ▼ 11.2% |
| Equity10/15 | €107,816 | €92,284 | €77,207 | €78,952 | €26,082 | ▼ 67.0% |
| Contributions10/11 | €260,000 | €260,000 | €260,000 | €260,000 | €260,000 | = |
| Profit (loss) carried forward14 | -€152,184 | -€167,716 | -€182,793 | -€181,048 | -€233,918 | ▼ 29.2% |
| Amounts payable17/49 | €874,771 | €838,631 | €790,350 | €735,449 | €696,771 | ▼ 5.3% |
| Amounts payable after more than one year17 | €209,869 | €169,135 | €127,791 | €85,827 | €43,233 | ▼ 49.6% |
| Financial debts170/4 | €209,869 | €169,135 | €127,791 | €85,827 | €43,233 | ▼ 49.6% |
| Amounts payable within one year42/48 | €664,902 | €669,394 | €662,559 | €649,623 | €653,538 | ▲ 0.6% |
| Current portion of amounts payable after more than one year42 | €40,131 | €40,733 | €41,344 | €41,964 | €42,594 | ▲ 1.5% |
| Trade debts44 | €23,913 | €26,888 | €19,608 | €2,485 | €5,921 | ▲ 138% |
| Suppliers440/4 | €21,202 | €11,688 | €19,608 | €2,485 | €5,921 | ▲ 138% |
| Bills of exchange payable441 | €2,711 | €15,200 | - | - | - | - |
| Advances received on contracts in progress46 | - | - | - | €2,889 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €459 | €267 | €19 | €697 | €2,852 | ▲ 309% |
| Taxes450/3 | - | - | €19 | €0 | €575 | - |
| Remuneration and social security454/9 | €459 | €267 | €0 | €697 | €2,277 | ▲ 226% |
| Other amounts payable47/48 | €600,398 | €601,505 | €601,587 | €601,587 | €602,172 | ▲ 0.1% |
| Accrued charges and deferred income492/3 | - | €102 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€69,888 | -€15,532 | -€15,078 | €1,745 | -€52,870 | ▼ 3,130% |
| + Depreciation and write-downs630 | €41,211 | €57,960 | €66,190 | €73,698 | €63,997 | ▼ 13.2% |
| Operating cash flow (approximation) | -€28,677 | €42,428 | €51,113 | €75,443 | €11,126 | ▼ 85.3% |
| Investment in fixed assets (approximation) | - | -€94,713 | -€59,752 | -€21,435 | -€4,865 | ▲ 77.3% |
| Change in cash | - | -€110,326 | -€34,518 | €359 | -€43,893 | ▼ 12,337% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Back to profitnet €1,745
Net result €1,745 after 5 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
08-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 130 days late
2021
31-12
Financial
Weakest financial yearnet -€69,888
Net result drops to -€69,888, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100,000Eq €107,816
Equity rises from -€22,296 to €107,816.
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, La Hulpe · 2 establishment units since 2019
Ground area
6,129 m²
Building footprint
1,300 m²
Volume, LiDAR
984 m³
3 parcels, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
FERME AGRO-ECOLOGIQUE DE LA PAPELOTTE
since 20192.285.987.815
FERME AGRO-ECOLOGIQUE DE LA PREALE
since 20192.285.988.211
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91002C0594/00N000 | Wallonia | 3,517 m² | 1 · 358 m² | - |
| 25764P0075/00R000 | Wallonia | 1,901 m² | 1 · 166 m² | 7.7 m · 2 fl. |
| 25050E0023/00D051 | Wallonia | 710 m² | 1 · 776 m² | - |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
-
50%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWaterloo2.285.987.815
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Of 3,824 companies in sector 47210 we hold annual accounts for 965. 743 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
Founded22-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
01130Growing of vegetables, melons, roots and tubers
47210Retail sale of fruit and vegetables
01240Growing of pome and stone fruits
01250Crop and animal production, hunting and related service activities
10392Manufacture of food products
70200Business and other management consultancy
Contact
E-mail
ol2ef@icloud.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0721491542
Registered
03-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.