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Project²

Active Private limited companyfounded 2002active for 24 yearsVlamingdam 41, 8000 BrugesKBO/BCE: BE 0478.376.284

Lifetime

19 annual accounts with figures on one time axis, 23 filings since 2003
peak €240,222 (2024)
-€45,606▼ €285,828
lowest -€69,000 (2025)
-€69,000▼ €231,653
peak €328,688 (2015)
€155,817▼ 30.7%
€2,995▼ 96.9%
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
22-04-20268 days before the deadline
2025micro format
Gross margin from €240,222 to -€45,606Loss of €69,000Registered office moved from Beveren-Kruibeke-Zwijndrecht to… 13-05Equity from €224,818 to €155,817Debts from €96,056 to €2,9951 establishment registered

Key points

from the 2025 annual accounts

Equity

€155,817 from €328,688 in 2015

Equity fell by 53% in 10 years.

Result

-€69,000 -€69,000
€163,0002024-€69,0002025

From profit to loss in 2025, after a profit of €162,653 in 2024.

Liquidity

47.03 was 3.07 in 2024

Short-term debts fell from €95,548 to €2,695.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,843 companies had the same profile as Project² has now. Each dot stands for 15 companies, two years later.

84.3%
were still trading
13.6%
stopped another way
1.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 5,843 companies, not a prediction for Project². The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

New establishment in Bruges Tramstraat 41
Registered office moved from Beveren-Kruibeke-Zwijndrecht to Bruges New registered office: Vlamingdam 41, 8000 Brugge · Previous registered office: Boekweithofstraat 27, 9120 Beveren-Kruibeke-Zwijndrecht · Board meeting of 30-01-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0478376284
Changes of role: (director) and (director) “De ontwikkeling, studie, aan- en verkoop, leasing, huur en verhuur, handel en uitbating van alle computer…” (deed in Dutch) · Director discharge: · Director discharge: · General meeting of 08-04-2022 · Gazette deed
All 35 events

Official details

Source: KBO
Status
Active since 19-09-2002Normal situation
Activity
“De ontwikkeling, studie, aan- en verkoop, leasing, huur en verhuur, handel en uitbating van…” (deed in Dutch)From the articles, 34 activitiesNo NACE code in the KBO yet
Establishment units
2.293.551.7368000 Bruges, since 20-09-2019
2.379.398.9148310 Bruges, since 01-09-2025
Financial year end
30 September
Peppol
Reachable since 24-11-2023
Company details

Annual accounts to 30-09-2025

€158,812▼ 50.5%
Filing
Filed on 22-04-2026, 8 days before the end of the filing period
Financials

Insights on Project²

Project² files the micro format. That format states no turnover. The gross margin fell from €48,009 in 2007 to -€45,606 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Project²

What is the company number of Project²?
The company number of Project² is 0478.376.284. The VAT number is the same number with BE in front: BE 0478.376.284.
Where is Project² based?
The registered office is at Vlamingdam 41, 8000 Bruges.Company details
What is the legal form of Project²?
Project² is a private limited company (BV).
When was Project² founded?
Project² was founded on 19-09-2002.
Is Project² still active?
Yes, Project² is an active enterprise in the KBO register.
What is the turnover of Project²?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is Project² profitable?
In financial year 2025, Project² made a loss of €69,000.
Where can I find the annual accounts of Project²?
Project² filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Project² due?
Project² must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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