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Projade

Active
Private limited companyfounded 20251 yr activeSteenweg op Waver 782, 1040 Etterbeek, BelgiumKBO/BCE: BE 1018.370.336
Summary

Projade has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €14k. Its solvency ranks better than 80% of 4659 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Checked score

Score 2025
Axes
Profitability100
Solvency91
Growth-
Track record67
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.69; short-term debt: 33.8% and cash: 81.8% of total assets), and 33.8% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 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
66.2%
Return on assets
29.4%
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 31-08-2026, 31 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 · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

Financials · fiscal year 2025, micro schema

Equity
€31k
Total assets
€46k
Net result
€14k
Working capital
€26k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €46k
Fixed assets €4k
Current assets €42k
Equity and liabilities €46k
Equity €31k
Debt €16k
Debt finances 33.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€21k
Cash flow
€16k
Current ratio
2.69
Debt to equity
0.51
ROE
44.4%
ROA
29.4%
Interest coverage
47.25
Debt ≤ 1 year
€16k
Income taxes
€5k
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€46k
Fixed assets21/28€4k
Tangible fixed assets22/27€4k
Plant, machinery and equipment23€2k
Furniture and vehicles24€2k
Current assets29/58€42k
Amounts receivable within one year40/41€4k
Trade receivables40€4k
Cash at bank and in hand54/58€38k
Equity and liabilities
Total equity and liabilities10/49€46k
Equity10/15€31k
Contributions10/11€17k
Reserves13€14k
Distributable reserves133€14k
Amounts payable17/49€16k
Amounts payable within one year42/48€16k
Trade debts44€3k
Suppliers440/4€3k
Taxes, remuneration and social security45€9k
Taxes450/3€9k
Other amounts payable47/48€3k
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k
Other operating charges640/8€407
Gross operating margin9900€22k
Operating profit (loss)9901€19k
Financial income75/76B€13
Recurring financial income75€13
Financial charges65/66B€447
Recurring financial charges65€447
Profit (loss) for the period before taxes9903€18k
Income taxes67/77€5k
Profit (loss) for the period9904€14k
Profit (loss) for the period to be appropriated9905€14k
Appropriation of the result
Profit (loss) to be appropriated9906€14k
Transfer to equity691/2€14k
To other reserves6921€14k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k
Other operating charges640/8€407
Gross operating margin9900€22k
Operating profit (loss)9901€19k
Financial income75/76B€13
Recurring financial income75€13
Financial charges65/66B€447
Recurring financial charges65€447
Profit (loss) for the period before taxes9903€18k
Income taxes67/77€5k
Profit (loss) for the period9904€14k
Profit (loss) for the period to be appropriated9905€14k
Line2025
Assets
Total assets20/58€46k
Fixed assets21/28€4k
Tangible fixed assets22/27€4k
Plant, machinery and equipment23€2k
Furniture and vehicles24€2k
Current assets29/58€42k
Amounts receivable within one year40/41€4k
Trade receivables40€4k
Cash at bank and in hand54/58€38k
Equity and liabilities
Total equity and liabilities10/49€46k
Equity10/15€31k
Contributions10/11€17k
Reserves13€14k
Distributable reserves133€14k
Amounts payable17/49€16k
Amounts payable within one year42/48€16k
Trade debts44€3k
Suppliers440/4€3k
Taxes, remuneration and social security45€9k
Taxes450/3€9k
Other amounts payable47/48€3k
Line2025
Profit (loss) for the period9904€14k
+ Depreciation and write-downs630€2k
Operating cash flow (approximation)€16k

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

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Etterbeek · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
244 m²
Building footprint
97 m²
Volume, LiDAR
1,489 m³
Parcel 21362B0080/00N002, Brussels · tallest building 19.0 m, ±5 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
L'HORTUS
Steenweg op Waver 782, 1040 EtterbeekRetail sale of cosmetics and toilet articles
since 20252.368.482.751
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21362B0080/00N002 Brussels 244 m² 1 · 97 m² 18.9 m · 5 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.

Similar companies · same sector, comparable size

Of 24,855 companies in sector 96220 we hold annual accounts for 1,439. 1,169 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
Founded07-01-2025
Fiscal year end31-12
Activities, NACEBEL 2025
96220Beauty care and other beauty treatments
47750Retail sale of cosmetics and toilet articles
73110Advertising agencies
85599Other education
86940Nursing and midwifery
96230Day spas, saunas and steam baths

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