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Proj3ctS

Active
Private limited companyfounded 20197 yrs activeOlsensesteenweg(KRU) 52, 9770 Kruisem, BelgiumKBO/BCE: BE 0728.871.262
Summary

Proj3ctS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €380,486 and a net result of €64,347. Equity is growing by ~26.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 31958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability89▼-3
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 34.8 against 19.55 in 2024; short-term debt: 1.9% and cash: 35.1% of total assets), and 2.3% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
97.7%
Return on assets
16.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 6 filings
Deviation from the deadline
2025
27 d late
2024
27 d late
2023
29 d late
2022
30 d late
2021
9 d early
2020
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 23 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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. Usually files around 27 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Proj3ctS was incorporated on 25 June 2019 as a Private limited company.1 Total assets rose from EUR 202,468 in 2020 to EUR 389,580 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€380,486▼ 26.3%
2024 · €516,139
Total assets
€389,580▼ 34.3%
2024 · €592,552
Net result
€64,347▼ 40.6%
2024 · €108,291
Working capital
€255,994▼ 45.9%
2024 · €473,349
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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€138,126▲ 49.8%€134,099▼ 2.9%€98,617▼ 26.5%€147,231▲ 49.3%€90,889▼ 38.3%
Net result€105,602above the sector's middle half▲ 49.0%€103,656above the sector's middle half▼ 1.8%€77,709above the sector's middle half▼ 25.0%€108,291above the sector's middle half▲ 39.4%€64,347within the sector's middle half▼ 40.6%
Equity€226,483within the sector's middle half▲ 87.4%€330,139above the sector's middle half▲ 45.8%€407,848above the sector's middle half▲ 23.5%€516,139above the sector's middle half▲ 26.6%€380,486above the sector's middle half▼ 26.3%
Total assets€335,944within the sector's middle half▲ 65.9%€424,610within the sector's middle half▲ 26.4%€479,588within the sector's middle half▲ 12.9%€592,552above the sector's middle half▲ 23.6%€389,580within the sector's middle half▼ 34.3%
Debt€109,461▲ 34.2%€94,471▼ 13.7%€71,740▼ 24.1%€76,413▲ 6.5%€9,094▼ 88.1%
Working capital€209,168above the sector's middle half▲ 98.3%€302,648above the sector's middle half▲ 44.7%€388,404above the sector's middle half▲ 28.3%€473,349above the sector's middle half▲ 21.9%€255,994above the sector's middle half▼ 45.9%
Solvency67.4%within the sector's middle half▲ 7.7pp77.8%above the sector's middle half▲ 10.3pp85.0%above the sector's middle half▲ 7.3pp87.1%above the sector's middle half▲ 2.1pp97.7%above the sector's middle half▲ 10.6pp
Current ratio4.55above the sector's middle half▲ 0.147.90above the sector's middle half▲ 3.3521.56above the sector's middle half▲ 13.6619.55above the sector's middle half▼ 2.0134.80above the sector's middle half▲ 15.25
Return on assets (ROA)31.4%above the sector's middle half▼ 3.6pp24.4%within the sector's middle half▼ 7.0pp16.2%within the sector's middle half▼ 8.2pp18.3%within the sector's middle half▲ 2.1pp16.5%within the sector's middle half▼ 1.8pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2021: €138,126€138,126Net result 2021: €105,602€105,602Operating result 2022: €134,099€134,099Net result 2022: €103,656€103,656Operating result 2023: €98,617€98,617Net result 2023: €77,709€77,709Operating result 2024: €147,231€147,231Net result 2024: €108,291€108,291Operating result 2025: €90,889€90,889Net result 2025: €64,347€64,34720212022202320242025€0€50,000€100,000€150,000Operating result 2023: €98,617€98,600Net result 2023: €77,709€77,700Operating result 2024: €147,231€147,000Net result 2024: €108,291€108,000Operating result 2025: €90,889€90,900Net result 2025: €64,347€64,300202320242025
The operating result falls in 2025; 2025 is 38% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €389,580
Fixed assets €126,012 ▲ 34.5%
Current assets €263,568 ▼ 47.2%
Equity and liabilities €389,580
Equity €380,486 ▼ 26.3%
Debt €9,094 ▼ 88.1%
Debt's share of the balance-sheet total falls from 12.9% to 2.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€111,028▼
2024 · €156,176
Cash flow
€84,486▼
2024 · €117,236
Debt to equity
0.02▼
2024 · 0.15
ROE
16.9%▼
2024 · 21.0%
Interest coverage
9.54▼
2024 · 12.65
Debt ≤ 1 year
€7,574▼
2024 · €25,513
Income taxes
€16,392▼
2024 · €30,836
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 26,975 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€592,552€389,580▼
Fixed assets21/28€93,690€126,012▲
Tangible fixed assets22/27€78,690€101,012▲
Land and buildings22€47,857€44,551▼
Plant, machinery and equipment23€10,691€16,715▲
Furniture and vehicles24€1,666€25,524▲
Other tangible fixed assets26€18,476€14,222▼
Financial fixed assets28€15,000€25,000▲
Current assets29/58€498,862€263,568▼
Amounts receivable after more than one year29€38,215€20,898▼
Other amounts receivable291€38,215€20,898▼
Amounts receivable within one year40/41€42,728€28,899▼
Trade receivables40€26,808€6,232▼
Other amounts receivable41€15,920€22,667▲
Current investments50/53€74,910€74,910=
Cash at bank and in hand54/58€340,257€136,667▼
Deferred charges and accrued income490/1€2,752€2,194▼
Equity and liabilities
Total equity and liabilities10/49€592,552€389,580▼
Equity10/15€516,139€380,486▼
Contributions10/11€50,000€50,000=
Reserves13€466,139€330,486▼
Tax-exempt reserves132€1,941€1,941=
Distributable reserves133€464,198€328,545▼
Amounts payable17/49€76,413€9,094▼
Amounts payable after more than one year17€50,000-
Financial debts170/4€50,000-
Amounts payable within one year42/48€25,513€7,574▼
Financial debts43€268€449▲
Credit institutions430/8€268€449▲
Trade debts44€11,077€3,603▼
Suppliers440/4€11,077€3,603▼
Taxes, remuneration and social security45€13,945€2,577▼
Taxes450/3€13,945€2,577▼
Other amounts payable47/48€223€945▲
Accrued charges and deferred income492/3€900€1,520▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,945€20,139▲
Other operating charges640/8€1,342€1,566▲
Gross operating margin9900€157,518€112,594▼
Operating profit (loss)9901€147,231€90,889▼
Financial income75/76B€4,241€1,494▼
Recurring financial income75€4,241€1,494▼
Financial charges65/66B€12,345€11,644▼
Recurring financial charges65€12,345€11,644▼
Profit (loss) for the period before taxes9903€139,127€80,739▼
Income taxes67/77€30,836€16,392▼
Profit (loss) for the period9904€108,291€64,347▼
Profit (loss) for the period to be appropriated9905€108,291€64,347▼
Appropriation of the result
Profit (loss) to be appropriated9906€108,291€64,347▼
Transfer from equity791/2-€200,000
Transfer to equity691/2€108,291€64,347▼
To other reserves6921€108,291€64,347▼
Profit to be distributed694/7-€200,000
Return on contributions (dividend)694-€200,000

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,674€5,449€5,807€8,945€20,139▲ 125%
Other operating charges640/8€768€797€680€1,342€1,566▲ 16.7%
Non-recurring operating charges66A€2,329-----
Gross operating margin9900€145,897€140,345€105,104€157,518€112,594▼ 28.5%
Operating profit (loss)9901€138,126€134,099€98,617€147,231€90,889▼ 38.3%
Financial income75/76B€291€1,400€3,436€4,241€1,494▼ 64.8%
Recurring financial income75€291€1,400€3,436€4,241€1,494▼ 64.8%
Financial charges65/66B€3,184€2,963€3,571€12,345€11,644▼ 5.7%
Recurring financial charges65€3,184€2,963€3,571€12,345€11,644▼ 5.7%
Profit (loss) for the period before taxes9903€135,233€132,536€98,482€139,127€80,739▼ 42.0%
Income taxes67/77€29,631€28,880€20,773€30,836€16,392▼ 46.8%
Profit (loss) for the period9904€105,602€103,656€77,709€108,291€64,347▼ 40.6%
Profit (loss) for the period to be appropriated9905€105,602€103,656€77,709€108,291€64,347▼ 40.6%
Line20212022202320242025Change
Assets
Total assets20/58€335,944€424,610€479,588€592,552€389,580▼ 34.3%
Fixed assets21/28€67,926€78,101€72,294€93,690€126,012▲ 34.5%
Tangible fixed assets22/27€62,926€63,101€57,294€78,690€101,012▲ 28.4%
Land and buildings22€57,774€54,468€51,162€47,857€44,551▼ 6.9%
Plant, machinery and equipment23€5,152€5,510€3,737€10,691€16,715▲ 56.3%
Furniture and vehicles24-€3,123€2,395€1,666€25,524▲ 1,432%
Other tangible fixed assets26---€18,476€14,222▼ 23.0%
Financial fixed assets28€5,000€15,000€15,000€15,000€25,000▲ 66.7%
Current assets29/58€268,018€346,509€407,294€498,862€263,568▼ 47.2%
Amounts receivable after more than one year29€12,952€44,481€55,347€38,215€20,898▼ 45.3%
Other amounts receivable291€12,952€44,481€55,347€38,215€20,898▼ 45.3%
Amounts receivable within one year40/41€24,892€29,972€66,470€42,728€28,899▼ 32.4%
Trade receivables40€22,834€25,596€56,265€26,808€6,232▼ 76.8%
Other amounts receivable41€2,058€4,376€10,205€15,920€22,667▲ 42.4%
Current investments50/53--€74,910€74,910€74,910=
Cash at bank and in hand54/58€229,554€270,465€208,106€340,257€136,667▼ 59.8%
Deferred charges and accrued income490/1€620€1,591€2,461€2,752€2,194▼ 20.3%
Equity and liabilities
Total equity and liabilities10/49€335,944€424,610€479,588€592,552€389,580▼ 34.3%
Equity10/15€226,483€330,139€407,848€516,139€380,486▼ 26.3%
Contributions10/11€50,000€50,000€50,000€50,000€50,000=
Reserves13€176,483€280,139€357,848€466,139€330,486▼ 29.1%
Tax-exempt reserves132€1,941€1,941€1,941€1,941€1,941=
Distributable reserves133€174,542€278,198€355,907€464,198€328,545▼ 29.2%
Amounts payable17/49€109,461€94,471€71,740€76,413€9,094▼ 88.1%
Amounts payable after more than one year17€50,000€50,000€50,000€50,000--
Financial debts170/4€50,000€50,000€50,000€50,000--
Amounts payable within one year42/48€58,850€43,861€18,890€25,513€7,574▼ 70.3%
Financial debts43---€268€449▲ 67.5%
Credit institutions430/8---€268€449▲ 67.5%
Trade debts44€1,133€2,670€4,593€11,077€3,603▼ 67.5%
Suppliers440/4€1,133€2,670€4,593€11,077€3,603▼ 67.5%
Taxes, remuneration and social security45€57,622€40,857€13,549€13,945€2,577▼ 81.5%
Taxes450/3€57,622€40,857€13,549€13,945€2,577▼ 81.5%
Other amounts payable47/48€95€334€748€223€945▲ 324%
Accrued charges and deferred income492/3€611€610€2,850€900€1,520▲ 68.9%
Line20212022202320242025Change
Profit (loss) for the period9904€105,602€103,656€77,709€108,291€64,347▼ 40.6%
+ Depreciation and write-downs630€4,674€5,449€5,807€8,945€20,139▲ 125%
Operating cash flow (approximation)€110,276€109,105€83,516€117,236€84,486▼ 27.9%
Investment in fixed assets (approximation)--€15,624€0-€30,341-€52,461▼ 72.9%
Change in cash-€40,911-€62,359€132,151-€203,590▼ 254%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial Weakest financial yearnet €64,347 ▼40.6%
Net result drops to €64,347, the lowest in the series.
27-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial Highest result since 2020net €108,291 ▲39.4%
Operating result €147,231, net result €108,291, both a record.
31-12
Financial Equity above €500,000Eq €516,139 ▲26.6%
5 profitable years in a row build equity to €516,139.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial Liquidity triplescurrent ratio 21.56
Current ratio from 7.90 to 21.56; short-term debt falls from €43,861 to €18,890.
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
22-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €200,000Eq €226,483 ▲87.4%
2 profitable years in a row build equity to €226,483.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Kruisem · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
2,801 m²
Building footprint
145 m²
Volume, LiDAR
410 m³
Parcel 45017D1535/00F000, Flanders · tallest building 10.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Proj3ctS
Olsensesteenweg(KRU) 52, 9770 KruisemIT consultancy
since 20192.291.191.864
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45017D1535/00F000 Flanders 2,801 m² 1 · 145 m² 10.9 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 3 entries · 3,045 EUR awarded · 2,703 EUR paid
Year Entries awardedpaid
2025 1 1,536 EUR1,536 EUR
2023 1 1,344 EUR1,002 EUR
2022 1 165 EUR165 EUR
Schemes
3 entries · 3,045 EUR · 2,703 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

98450079C6CA89C65273
live in the LEI register

Similar companies · same sector, comparable size

Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 36,703 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
Founded25-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Contact
E-mail info@proj3cts.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0728871262
Also 9925:BE0728871262
Registered 05-07-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.