Projack
ActiveSummary
The computed 12-month bankruptcy probability of Projack is 4.6% (elevated). The 2025 annual accounts show equity of €32,737 and a net result of €27,001. Its solvency ranks better than 22% of 252 sector peers (NACE 27, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €32,737
- Profit
- €27,001
- NOË,Christophe Germain Dirk Jozef AdolfDaily manager
- SIMOENS,Ludvic Nicolas Gerard AndréDaily manager
Why 40raises risk2 changes of registered office in 24 monthsFounded in 2024Equity €32,737 (17.4% of total assets)lowers riskLiquidity: current ratio 1.21, cash €98,737Show the evidence
Checked score
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 27, micro): better than 24% on solvency, 55% on liquidity, 45% on profitability and 98% on growth.
The bankruptcy probability was computed on 22-10-2026 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
This company filed its last 2 accounts on average 11 days before the deadline; the sector median (NACE 27) for financial year 2024 is 6 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
- Registered officeRegistered-office move
- Annual accounts filedfinancial year 2025 · micro…
- Registered officeRegistered office clause · Registered-office…
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result rises in 2025; 2025 is 540% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 27, Manufacture of electrical equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 4.6% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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 74.5% 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 7,976 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €512 | €1,244 | ▲ 143% |
| Other operating charges640/8 | - | €387 | - |
| Gross operating margin9900 | €6,115 | €37,508 | ▲ 513% |
| Operating profit (loss)9901 | €5,603 | €35,876 | ▲ 540% |
| Financial income75/76B | €28 | €8,318 | ▲ 30,006% |
| Recurring financial income75 | €28 | €8,318 | ▲ 30,006% |
| Financial charges65/66B | €933 | €9,993 | ▲ 971% |
| Recurring financial charges65 | €933 | €9,993 | ▲ 971% |
| Profit (loss) for the period before taxes9903 | €4,698 | €34,202 | ▲ 628% |
| Income taxes67/77 | €962 | €7,200 | ▲ 649% |
| Profit (loss) for the period9904 | €3,736 | €27,001 | ▲ 623% |
| Profit (loss) for the period to be appropriated9905 | €3,736 | €27,001 | ▲ 623% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €133,485 | €187,967 | ▲ 40.8% |
| Formation expenses20 | €1,244 | €0 | ▼ 100% |
| Current assets29/58 | €132,240 | €187,967 | ▲ 42.1% |
| Stocks and contracts in progress3 | €78,414 | €31,327 | ▼ 60.0% |
| Contracts in progress37 | €78,414 | €31,327 | ▼ 60.0% |
| Amounts receivable within one year40/41 | €24,795 | €57,773 | ▲ 133% |
| Trade receivables40 | €20,497 | €54,327 | ▲ 165% |
| Other amounts receivable41 | €4,298 | €3,445 | ▼ 19.8% |
| Cash at bank and in hand54/58 | €29,031 | €98,737 | ▲ 240% |
| Deferred charges and accrued income490/1 | - | €130 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €133,485 | €187,967 | ▲ 40.8% |
| Equity10/15 | €5,736 | €32,737 | ▲ 471% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Reserves13 | €3,736 | €30,737 | ▲ 723% |
| Distributable reserves133 | €3,736 | €30,737 | ▲ 723% |
| Amounts payable17/49 | €127,749 | €155,230 | ▲ 21.5% |
| Amounts payable within one year42/48 | €127,749 | €155,230 | ▲ 21.5% |
| Financial debts43 | €100,000 | €50,000 | ▼ 50.0% |
| Credit institutions430/8 | €100,000 | €50,000 | ▼ 50.0% |
| Trade debts44 | €26,787 | €81,463 | ▲ 204% |
| Suppliers440/4 | €26,787 | €81,463 | ▲ 204% |
| Taxes, remuneration and social security45 | €962 | €23,729 | ▲ 2,368% |
| Taxes450/3 | €962 | €23,729 | ▲ 2,368% |
| Other amounts payable47/48 | - | €38 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €3,736 | €27,001 | ▲ 623% |
| + Depreciation and write-downs630 | €512 | €1,244 | ▲ 143% |
| Operating cash flow (approximation) | €4,248 | €28,246 | ▲ 565% |
| Change in cash | - | €69,706 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 30-04-2026 | 2026-00096283 |
| 30-09-2024 | micro format | 09-04-2025 | 2025-00066368 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Day-to-day management 2
Mandate history
- Board
- Day-to-day management
| Name | Functions and periods |
|---|---|
| NOË,Christophe Germain Dirk Jozef Adolf |
|
| SIMOENS,Ludvic Nicolas Gerard André |
|
Owners and capital
Capital and shareholders
- SIMOENS Ludvic Nicolas Gerard André 500 shares (50%)
- NOË Christophe Germain Dirk Jozef Adolf 500 shares (50%)
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 13-06-2024 Incorporation · €2,000 · 1,000 shares
Group and network
Connections & network
2 connected companiesThe connected companies are in the list below.
History
Acts, filings and financial milestones
31-07
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Registered-office move, Grote Amer 2 bus A, 2870 Puurs-Sint-Amands
- General meeting, 27-07-2026
26-03
Gazette deed
Registered officeRegistered office clause · Registered-office move · Director in office4 facts ▸
- Registered office clause, “Beekstraat 11, 2830 Willebroek” (deed in Dutch)
- Board meeting, 28-01-2026
- Registered-office move, Brownfieldlaan 15, 2830 Willebroek
- Director in office, Ludvic Simoens (director)
13-06
Gazette deed
IncorporationAppointments: SIMOENS Ludvic Nicolas Gerard André (director) and NOË Christophe Germain Dirk Jozef Adolf (director) · Founder · Name clause10 facts ▸
- Founder, SIMOENS Ludvic Nicolas Gerard André
- Founder, NOË Christophe Germain Dirk Jozef Adolf
- Incorporation, 07-06-2024
- Name clause, Projack
- Founding capital, €2,000
- Director appointment, SIMOENS Ludvic Nicolas Gerard André (director)
- Director appointment, NOË Christophe Germain Dirk Jozef Adolf (director)
- Declaration, “België en buitenland, bestuursverbod” (deed in Dutch)
- Director appointment, SIMOENS Ludvic Nicolas Gerard André (day-to-day manager)
- Director appointment, NOË Christophe Germain Dirk Jozef Adolf (day-to-day manager)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 22 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1010.228.967
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12030B0793/00L000 | Flanders | 1,804 m² | 1 · 147 m² | 11.3 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Vervaardiging van lampen en verlichtingsapparaten; Vervaardigen van buitenverlichting en signalisatielichten; Vervaardigen van…” (deed in Dutch)
23 activities (deed in Dutch)
- Vervaardiging van lampen en verlichtingsapparaten
- Vervaardigen van buitenverlichting en signalisatielichten
- Vervaardigen van verlichtingsapparaten
- Vervaardigen van hanglampen en lusters, tafel, bed en bureaulampen en staande lampen
- Vervaardigen van kantoor en winkelmeubelen
- Vervaardigen van speciale winkelmeubels, toonbanken, vitrines, rekken van metaal
- Bouw van gebouwen, ontwikkeling van bouwprojecten
- Ontwikkeling bouwprojecten
- Projectontwikkeling voor kantoorbouw
- Projectontwikkeling voor bouw of de aanleg van commerciële centra, hotels, industrie
- Elektrische installatie en overige bouwinstallatie
- Elektronische installatiewerken aan gebouwen
- Algemene bouwinstallatie
- Handelsbemiddeling in goederen, algemeen assortiment
- Groothandel in verlichtingsapparatuur
- Activiteiten van ingenieurs en aanverwante technische adviseurs
- Uitwerking en realisatie van projecten op gebied van elektriciteit
- Eet- endrinkgelegenheden
- Activiteiten van cafés en bars
- Verkoop van dranken, in het algemeen, consumptie ter plaatse
- (activiteiten van) drinkgelegenheden
- (activiteiten van) overige eetgelegenheden
- (activiteiten van) eetgelegenheden met beperkte bediening
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Projack
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, België of buitenland” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Two directors jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “1, natuurlijke personen of rechtspersonen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of March at 16:00