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PROJACTIVES

Active
Private limited companyfounded 199728 yrs activeTertzweildreef 14, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0462.113.443
Summary

PROJACTIVES has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of -€1,106. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 91% of 393 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability69▲+1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95,000 at 30 days acceptable
Liquidity tight (current ratio 1.46 against 1.33 in 2024; short-term debt: 8.1% and cash: 0% of total assets), and 13.2% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 28 years 0 30 y
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
14 d early
2021
5 d early
2020
9 d early
2019
1 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 4 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 30 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 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

On 15 December 1997, PROJACTIVES was incorporated.1 Total assets went from EUR 915,321 in 2019 to EUR 1.4 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€1.2m▼ 0.1%
2024 · €1.2m
Total assets
€1.4m▼ 0.9%
2024 · €1.4m
Net result
-€1,106▲ 80.9%
2024 · -€5,785
Working capital
€53,337▲ 30.0%
2024 · €41,028
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing 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-€6,184€12,113-€722-€8,935▼ 1,137%-€3,371▲ 62.3%
Net result-€4,814below the sector's middle half€7,905within the sector's middle half€2,904within the sector's middle half▼ 63.3%-€5,785within the sector's middle half-€1,106within the sector's middle half▲ 80.9%
Equity€1.2mabove the sector's middle half▲ 67.1%€1.2mabove the sector's middle half▲ 0.6%€1.2mabove the sector's middle half▲ 0.2%€1.2mabove the sector's middle half▼ 0.5%€1.2mabove the sector's middle half▼ 0.1%
Total assets€1.4mwithin the sector's middle half▲ 42.3%€1.4mwithin the sector's middle half▲ 4.0%€1.4mwithin the sector's middle half▲ 0.1%€1.4mwithin the sector's middle half▲ 0.4%€1.4mabove the sector's middle half▼ 0.9%
Debt€76,694▼ 50.5%€123,876▲ 61.5%€121,890▼ 1.6%€132,955▲ 9.1%€120,673▼ 9.2%
Working capital-€34,142below the sector's middle half▲ 34.4%€100,577within the sector's middle half€114,066within the sector's middle half▲ 13.4%€41,028within the sector's middle half▼ 64.0%€53,337within the sector's middle half▲ 30.0%
Solvency89.5%above the sector's middle half▲ 13.3pp86.6%above the sector's middle half▼ 2.9pp86.8%above the sector's middle half▲ 0.1pp86.0%above the sector's middle half▼ 0.7pp86.8%above the sector's middle half▲ 0.7pp
Current ratio0.53below the sector's middle half▼ 0.125.19above the sector's middle half▲ 4.664.54above the sector's middle half▼ 0.651.33within the sector's middle half▼ 3.211.46within the sector's middle half▲ 0.14
Return on assets (ROA)-0.3%within the sector's middle half▼ 10.3pp0.6%within the sector's middle half▲ 0.9pp0.2%within the sector's middle half▼ 0.3pp-0.4%within the sector's middle half▼ 0.6pp-0.1%within the sector's middle half▲ 0.3pp
above within below the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000Operating result 2021: -€6,184-€6,184Net result 2021: -€4,814-€4,814Operating result 2022: €12,113€12,113Net result 2022: €7,905€7,905Operating result 2023: -€722-€722Net result 2023: €2,904€2,904Operating result 2024: -€8,935-€8,935Net result 2024: -€5,785-€5,785Operating result 2025: -€3,371-€3,371Net result 2025: -€1,106-€1,10620212022202320242025-€10,000-€5,000€0€5,000Operating result 2023: -€722-€722Net result 2023: €2,904€2,900Operating result 2024: -€8,935-€8,940Net result 2024: -€5,785-€5,790Operating result 2025: -€3,371-€3,370Net result 2025: -€1,106-€1,110202320242025
The operating result stays negative: a loss of €3,371 in 2025 against €8,935 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets €1.3m ▼ 1.2%
Current assets €168,651 ▲ 0.9%
Equity and liabilities €1.4m
Equity €1.2m ▼ 0.1%
Provisions €67,873 =
Debt €120,673 ▼ 9.2%
Debt's share of the balance-sheet total falls from 9.2% to 8.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€11,443▲
2024 · €6,703
Cash flow
€13,707▲
2024 · €9,853
Debt to equity
0.10▼
2024 · 0.11
ROE
-0.1%▲
2024 · -0.5%
Interest coverage
58.84▲
2024 · 46.54
Debt ≤ 1 year
€115,313▼
2024 · €126,198
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,616 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 8,616 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 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.4m€1.4m▼
Fixed assets21/28€1.3m€1.3m▼
Tangible fixed assets22/27€1.3m€1.3m▼
Land and buildings22€1.3m€1.3m▼
Financial fixed assets28€19€19=
Current assets29/58€167,225€168,651▲
Amounts receivable after more than one year29€90,000€90,000=
Other amounts receivable291€90,000€90,000=
Amounts receivable within one year40/41€73,083€74,404▲
Other amounts receivable41€73,083€74,404▲
Cash at bank and in hand54/58€1,722€78▼
Deferred charges and accrued income490/1€2,420€4,168▲
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.4m▼
Equity10/15€1.2m€1.2m▼
Contributions10/11€857,608€857,608=
Reserves13€190,256€190,256=
Distributable reserves133€190,256€190,256=
Profit (loss) carried forward14€190,866€189,760▼
Provisions and deferred taxes16€67,873€67,873=
Provisions for liabilities and charges160/5€67,873€67,873=
Pensions and similar obligations160€67,873€67,873=
Amounts payable17/49€132,955€120,673▼
Amounts payable within one year42/48€126,198€115,313▼
Financial debts43€339-
Credit institutions430/8€339-
Trade debts44€20,392€23,787▲
Suppliers440/4€20,392€23,787▲
Taxes, remuneration and social security45€1,639€1,775▲
Taxes450/3€1,639€1,775▲
Other amounts payable47/48€103,827€89,752▼
Accrued charges and deferred income492/3€6,757€5,360▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,638€14,814▼
Other operating charges640/8€2,357€2,624▲
Gross operating margin9900€9,060€14,066▲
Operating profit (loss)9901-€8,935-€3,371▲
Financial income75/76B€3,291€2,459▼
Recurring financial income75€3,291€2,459▼
Financial charges65/66B€144€194▲
Recurring financial charges65€144€194▲
Profit (loss) for the period before taxes9903-€5,788-€1,106▲
Income taxes67/77-€3-
Profit (loss) for the period9904-€5,785-€1,106▲
Profit (loss) for the period to be appropriated9905-€5,785-€1,106▲
Appropriation of the result
Profit (loss) to be appropriated9906€190,866€189,760▼
Profit (loss) brought forward from the previous period14P€196,651€190,866▼

The notes to these accounts (6 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€31,988€30,432€20,818€15,638€14,814▼ 5.3%
Other operating charges640/8-€8,569€348€2,357€2,624▲ 11.3%
Gross operating margin9900€22,899€51,114€20,444€9,060€14,066▲ 55.3%
Operating profit (loss)9901-€6,184€12,113-€722-€8,935-€3,371▲ 62.3%
Financial income75/76B-€2,368€2,716€3,291€2,459▼ 25.3%
Recurring financial income75€2,536€2,368€2,716€3,291€2,459▼ 25.3%
Financial charges65/66B-€1,001€168€144€194▲ 35.0%
Recurring financial charges65€1,080€1,001€168€144€194▲ 35.0%
Profit (loss) for the period before taxes9903-€4,728€13,480€1,825-€5,788-€1,106▲ 80.9%
Income taxes67/77€86€5,575-€1,079-€3--
Profit (loss) for the period9904-€4,814€7,905€2,904-€5,785-€1,106▲ 80.9%
Transfer from tax-exempt reserves789-€9,981----
Profit (loss) for the period to be appropriated9905-€4,814€17,886€2,904-€5,785-€1,106▲ 80.9%
Line20212022202320242025Change
Assets
Total assets20/58€1.4m€1.4m€1.4m€1.4m€1.4m▼ 0.9%
Fixed assets21/28€1.3m€1.3m€1.3m€1.3m€1.3m▼ 1.2%
Tangible fixed assets22/27€1.3m€1.3m€1.3m€1.3m€1.3m▼ 1.2%
Land and buildings22-€1.3m€1.3m€1.3m€1.3m▼ 1.2%
Furniture and vehicles24-€233----
Financial fixed assets28€19€19€19€19€19=
Current assets29/58€39,052€124,571€146,307€167,225€168,651▲ 0.9%
Amounts receivable after more than one year29-€116,211€90,000€90,000€90,000=
Other amounts receivable291-€116,211€90,000€90,000€90,000=
Amounts receivable within one year40/41€26,829-€47,590€73,083€74,404▲ 1.8%
Trade receivables40--€25,410---
Other amounts receivable41--€22,180€73,083€74,404▲ 1.8%
Cash at bank and in hand54/58€9,687€4,924€1,722€1,722€78▼ 95.4%
Deferred charges and accrued income490/1-€3,436€6,995€2,420€4,168▲ 72.2%
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.4m€1.4m€1.4m€1.4m▼ 0.9%
Equity10/15€1.2m€1.2m€1.2m€1.2m€1.2m▼ 0.1%
Contributions10/11-€857,608€857,608€857,608€857,608=
Reserves13€200,237€190,256€190,256€190,256€190,256=
Distributable reserves133-€190,256€190,256€190,256€190,256=
Profit (loss) carried forward14€175,861€193,747€196,651€190,866€189,760▼ 0.6%
Provisions and deferred taxes16€67,873€67,873€67,873€67,873€67,873=
Provisions for liabilities and charges160/5-€67,873€67,873€67,873€67,873=
Pensions and similar obligations160-€67,873€67,873€67,873€67,873=
Amounts payable17/49€76,694€123,876€121,890€132,955€120,673▼ 9.2%
Amounts payable after more than one year17€1,000€97,381€87,148---
Financial debts170/4-€97,381€87,148---
Amounts payable within one year42/48€73,194€23,994€32,241€126,198€115,313▼ 8.6%
Financial debts43--€626€339--
Credit institutions430/8--€626€339--
Trade debts44€67,609€8,933€26,272€20,392€23,787▲ 16.6%
Suppliers440/4-€8,933€26,272€20,392€23,787▲ 16.6%
Taxes, remuneration and social security45-€8,528€5,343€1,639€1,775▲ 8.3%
Taxes450/3-€8,528€5,343€1,639€1,775▲ 8.3%
Other amounts payable47/48-€6,533-€103,827€89,752▼ 13.6%
Accrued charges and deferred income492/3-€2,500€2,500€6,757€5,360▼ 20.7%
Line20212022202320242025Change
Profit (loss) for the period9904-€4,814€7,905€2,904-€5,785-€1,106▲ 80.9%
+ Depreciation and write-downs630€31,988€30,432€20,818€15,638€14,814▼ 5.3%
Operating cash flow (approximation)€27,173€38,337€23,722€9,853€13,707▲ 39.1%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€4,763-€3,202€0-€1,644-

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
30-01
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial Weakest financial yearnet -€5,785
Net result drops to -€5,785, the lowest in the series; recovery starts the following year.
31-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
17-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial Back to profitnet €7,905
Net result €7,905 after one loss-making year.
30-06
Financial Liquidity times 10current ratio 5.19
Current ratio from 0.53 to 5.19; short-term debt falls from €73,194 to €23,994.
26-01
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial Equity above €1mEq €1.2m ▲67.1%
Equity rises from €738,520 to €1.2m.
22-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial Highest result since 2019net €96,849 ▲28.4%
Operating result €146,176, net result €96,849, both a record.
30-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
25-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
27-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-03
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.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has 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
5 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, Merelbeke-Melle · 1 establishment unit since 2000
seat establishment The establishment unit on the map
Ground area
173 m²
Building footprint
173 m²
Volume, LiDAR
1,375 m³
Parcel 44043A0254/00X004, Flanders · tallest building 14.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PROJACTIVES
Tertzweildreef 14, 9820 Merelbeke-MelleNACE 7134005
since 20002.099.496.902
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44043A0254/00X004 Flanders 173 m² 1 · 173 m² 14.1 m · 3 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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. mediAVentures Remote-OR 100%
  2. APW-IMMO 100%
  3. KALUGRE 77.13%
  4. PROJACTIVES

Highest known parent: mediAVentures Remote-OR. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 30-06-2025 list no holdings, and no other source names one.

According to the annual accounts to 30-06-2025 of PROJACTIVES and those 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.

Similar companies · same sector, comparable size

Of 2,583 companies in sector 59113 we hold annual accounts for 703. 235 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
Founded15-12-1997
Fiscal year end30-06
Activities, NACEBEL 2025
59113Video and film production, excluding cinema and television films
59120Post-production of films, video and television programmes
E-invoicing
Reachable via Peppol
Peppol ID 0208:0462113443
Also 9925:BE0462113443
Registered 13-06-2025

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

Register as of 28 September 2026 · Peppol Directory

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