PR PROJECT
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 15-12-2025 PDF all 3 filings
2023 to 2025, 3 financial years
The operating result for 2025 is a loss of €14,329, smaller than the loss of €14,585 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Auditor
| Item | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|
| Other work by the auditor | - | €1,500 | - |
Source: notes to the 2023 to 2025 annual accounts (relations with the auditor)
Companies with the same profile, two years later
Historical observationIn July 2024, 865 companies had the same profile as PR PROJECT has now. Two years later, 1.5% had gone bankrupt and 96.6% were still going.
- Small
- 2 to 5 years old
- solvency under 10%
- a small loss
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of PR PROJECT itself is lower: 0.2% within 12 months. It rests on far more data about PR PROJECT than the profile alone.
Test of the method
The method was tested on the 497,445 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.
| 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 865 companies, not a prediction for PR PROJECT. 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Operating income70/76A | - | €1.3m | - | - |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | €1.3m | - | - |
| Operating charges60/66A | - | €1.4m | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €0.2m | - |
| Goods for resale, raw materials and consumables60 | - | €1.3m | - | - |
| Purchases600/8 | - | €1.3m | - | - |
| Services and other goods61 | - | €0.01m | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.002m | €0 | - | - |
| Other operating charges640/8 | €440 | €499 | €0.001m | ▲ 116% |
| Gross operating margin9900 | -€0.001m | - | -€0.01m | - |
| Operating profit (loss)9901 | -€0.003m | -€0.01m | -€0.01m | ▲ 1.7% |
| Financial income75/76B | - | €0.001m | €0 | ▼ 100% |
| Recurring financial income75 | - | €0.001m | €0 | ▼ 100% |
| Income from current assets751 | - | €0.001m | - | - |
| Financial charges65/66B | €257 | €411 | €446 | ▲ 8.5% |
| Recurring financial charges65 | €257 | €411 | €446 | ▲ 8.5% |
| Other financial charges652/9 | - | €411 | - | - |
| Profit (loss) for the period before taxes9903 | -€0.003m | -€0.01m | -€0.01m | ▼ 8.6% |
| Profit (loss) for the period9904 | -€0.003m | -€0.01m | -€0.01m | ▼ 8.6% |
| Profit (loss) for the period to be appropriated9905 | -€0.003m | -€0.01m | -€0.01m | ▼ 8.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €0.5m | €2.0m | €2.3m | ▲ 11.3% |
| Current assets29/58 | €0.5m | €2.0m | €2.3m | ▲ 11.3% |
| Stocks and contracts in progress3 | €0.4m | €1.8m | €2.2m | ▲ 16.3% |
| Stocks30/36 | €0.4m | €1.8m | €2.2m | ▲ 16.3% |
| Property held for sale35 | - | €1.8m | - | - |
| Amounts receivable within one year40/41 | €0.005m | €0.06m | €0.003m | ▼ 95.5% |
| Trade receivables40 | €0.004m | €218 | €0.001m | ▲ 382% |
| Other amounts receivable41 | €0.001m | €0.06m | €0.002m | ▼ 97.2% |
| Cash at bank and in hand54/58 | €0.06m | €0.09m | €0.07m | ▼ 14.9% |
| Deferred charges and accrued income490/1 | €0.02m | €0.03m | €0.03m | ▲ 3.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €0.5m | €2.0m | €2.3m | ▲ 11.3% |
| Equity10/15 | €0.06m | €0.04m | €0.08m | ▲ 79.1% |
| Contributions10/11 | €0.06m | €0.06m | €0.1m | ▲ 81.3% |
| Capital10 | €0.06m | €0.06m | €0.1m | ▲ 81.3% |
| Issued capital100 | €0.06m | €0.06m | €0.3m | ▲ 325% |
| Uncalled capital101 | - | - | €0.2m | - |
| Profit (loss) carried forward14 | -€0.003m | -€0.02m | -€0.03m | ▼ 87.0% |
| Amounts payable17/49 | €0.4m | €2.0m | €2.2m | ▲ 9.8% |
| Amounts payable after more than one year17 | €0.4m | €1.8m | €1.8m | = |
| Financial debts170/4 | €0.4m | €1.8m | €1.8m | = |
| Other loans174 | - | €1.8m | - | - |
| Amounts payable within one year42/48 | €0.008m | €0.06m | €0.1m | ▲ 68.4% |
| Trade debts44 | €0.008m | €0.06m | €0.1m | ▲ 68.4% |
| Suppliers440/4 | €0.008m | €0.06m | €0.1m | ▲ 68.4% |
| Accrued charges and deferred income492/3 | €0.02m | €0.1m | €0.3m | ▲ 126% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,389 | -€13,602 | -€14,775 | ▼ 8.6% |
| + Depreciation and write-downs630 | €1,829 | €0 | - | - |
| Operating cash flow (approximation) | -€1,560 | -€13,602 | -€14,775 | ▼ 8.6% |
| Change in cash | - | €31,894 | -€12,998 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.