PRO-JECTS
ActivePRO-JECTS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €147k and a net result of €13k. Equity is growing by ~29.2% per year across the filed fiscal years. Its solvency ranks better than 32% of 27676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▼-29
Solvency56▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.07 in 2024; short-term debt: 38.2% and cash: 5.4% of total assets), and 69.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 21-11-2025, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
21 d late
2024
29 d late
2022
49 d early
2021
3 d early
2020
3 d early
2019
60 d early
2018
58 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close20-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€147k▲ 9.0%
2024 · €135k
2019: €37k
2020: €39k
2021: €53k
2022: €56k
2024: €135k
2019 → 2025
Total assets
€476k▼ 2.6%
2024 · €489k
2019: €277k
2020: €315k
2021: €332k
2022: €471k
2024: €489k
2019 → 2025
Net result
€13k▼ 83.8%
2024 · €80k
2019: €8k
2020: €2k
2021: €14k
2022: €3k
2024: €80k
2019 → 2025
Working capital
€40k▲ 175%
2024 · €15k
2019: €-7k
2020: €-13k
2021: €586
2022: €15k
2024: €15k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€39k-€53k▲ 35.3%€56k▲ 6.6%€135k▲ 140%€147k▲ 9.0%
Operating result€7k-€23k▲ 239%€10k▼ 56.8%€102k▲ 917%€25k▼ 76.0%
Net result€2k-€14k▲ 739%€3k▼ 74.9%€80k▲ 2,200%€13k▼ 83.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 76% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €476k
Fixed assets
€254k▼ 6.9%
Current assets
€222k▲ 2.9%
Equity and liabilities €476k
Equity
€147k▲ 9.0%
Debt
€329k▼ 7.0%
The debt ratio falls from 72.4% to 69.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€43k▼
2024 · €175k
Cash flow
€32k▼
2024 · €153k
Solvency
30.9%▲
2024 · 27.6%
Current ratio
1.22▲
2024 · 1.07
Quick ratio
0.36▼
2024 · 0.82
Debt / equity
2.24▼
2024 · 2.62
ROE
8.8%▼
2024 · 59.0%
ROA
2.7%▼
2024 · 16.3%
Interest coverage
3.56▼
2024 · 5.01
Debt
€329k▼
2024 · €354k
Debt ≤ 1 year
€182k▼
2024 · €201k
Debt > 1 year
€140k▼
2024 · €150k
Income taxes
€5k▼
2024 · €30k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€489k€476k▼
Fixed assets21/28€273k€254k▼
Tangible fixed assets22/27€273k€254k▼
Land and buildings22€260k€249k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€8k€2k▼
Current assets29/58€216k€222k▲
Stocks and contracts in progress3€52k€157k▲
Stocks30/36€52k€157k▲
Amounts receivable within one year40/41€72k€37k▼
Trade receivables40€29k€20k▼
Other amounts receivable41€43k€17k▼
Cash at bank and in hand54/58€87k€26k▼
Deferred charges and accrued income490/1€5k€2k▼
Equity and liabilities
Total equity and liabilities10/49€489k€476k▼
Equity10/15€135k€147k▲
Contributions10/11€19k€19k=
Reserves13€111k€124k▲
Distributable reserves133€111k€124k▲
Profit (loss) carried forward14€5k€5k=
Amounts payable17/49€354k€329k▼
Amounts payable after more than one year17€150k€140k▼
Financial debts170/4€150k€140k▼
Amounts payable within one year42/48€201k€182k▼
Current portion of amounts payable after more than one year42€15k€10k▼
Financial debts43€42k€74k▲
Credit institutions430/8€435€57k▲
Other loans439€42k€17k▼
Trade debts44€18k€25k▲
Suppliers440/4€18k€25k▲
Taxes, remuneration and social security45€628€549▼
Taxes450/3€628€549▼
Other amounts payable47/48€125k€72k▼
Accrued charges and deferred income492/3€2k€8k▲
Income statement
Code20242025
Non-recurring operating income76A€244k€1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73k€19k▼
Other operating charges640/8€5k€4k▼
Gross operating margin9900€181k€47k▼
Operating profit (loss)9901€102k€25k▼
Financial income75/76B€43k€5k▼
Recurring financial income75€388€5k▲
Non-recurring financial income76B€43k-
Financial charges65/66B€35k€12k▼
Recurring financial charges65€35k€12k▼
Profit (loss) for the period before taxes9903€110k€18k▼
Income taxes67/77€30k€5k▼
Profit (loss) for the period9904€80k€13k▼
Profit (loss) for the period to be appropriated9905€80k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€84k€18k▼
Profit (loss) brought forward from the previous period14P€5k€5k=
Transfer to equity691/2€79k€12k▼
To other reserves6921€79k€12k▼
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
21-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
31-03
Financial
Highest result since 2019net €80k ▲2200%
Operating result €102k, net result €80k, both a record.
31-03
Financial
Equity above €100kEq €135k ▲140%
5 profitable years in a row build equity to €135k.
2022
13-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €2k ▼79.1%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
2019
02-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
04-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
05-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
23-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Ronse · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Linde 279600 RonseGround area
2,390 m²
Building footprint
304 m²
Volume, LiDAR
648 m³
2 parcels, Flanders, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PRO-SECURITY
since 20012.116.614.234
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51017C0434/00R000 | Wallonia | 1,357 m² | 1 · 203 m² | - |
| 45041B0686/00D002 | Flanders | 1,033 m² | 1 · 101 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
Elektriciteitswerken Joeri Willems
BE 0739.665.679
Ronse · Eq €147k
Van Immerzeele Kris
BE 0825.753.476
Oosterzele · Eq €147k
Van Giels Engineering
BE 0552.585.046
Kalmthout · Eq €147k
GPV-i.e
BE 0635.586.758
Saint-Nicolas · Eq €147k
ELEKTRO VAN DER WILDT
BE 0465.551.597
Antwerpen · Eq €147k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,621 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-08-2001
Fiscal year end31-03
Activities, NACEBEL
43211General electrical installation work
43240Other construction installation
43299Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.