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ProJecT

Active
Private limited companyfounded 20188 yrs activeKasteeldreef 15A, 8210 Zedelgem, BelgiumKBO/BCE: BE 0687.843.826

ProJecT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3k and a net result of €585k. Equity is shrinking by ~38% per year across the filed fiscal years. Its solvency ranks better than 20% of 13908 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
65 / 100
Healthy▼ -28 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency12▼-88
Growth58▼-20
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.0 against 3.06 in 2024), and 99.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
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
0.3%
Return on assets
55.6%
Age of the figures
8 mo
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
elevated failure risk from 2 to 8 years 8 years 0 10 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 13908 sector peers (2025).
NBB · sector comparison
Position among 13908 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
58 d early
2024
77 d early
2023
14 d early
2022
33 d early
2021
145 d early
2020
108 d early
2019
18 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
15-09-2026 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

Financials · fiscal year 2025, micro schema

Equity
€3k▼ 98.7%
2024 · €259k
2018: €89k 2019: €182k 2020: €440k 2021: €23k 2022: €19k 2023: €2k 2024: €259k
2018 → 2025
Total assets
€1.05M▲ 174%
2024 · €384k
2018: €137k 2019: €253k 2020: €519k 2021: €467k 2022: €365k 2023: €305k 2024: €384k
2018 → 2025
Net result
€585k▲ 123%
2024 · €262k
2018: €77k 2019: €94k 2020: €253k 2021: €333k 2022: €223k 2023: €142k 2024: €262k
2018 → 2025
Working capital
€3k▼ 98.7%
2024 · €259k
2018: €89k 2019: €182k 2020: €440k 2021: €23k 2022: €19k 2023: €2k 2024: €259k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€23k-€19k▼ 20.4%€2k▼ 90.1%€259k▲ 14,003%€3k▼ 98.7%
Operating result€440k-€293k▼ 33.2%€186k▼ 36.5%€347k▲ 86.1%€776k▲ 124%
Net result€333k-€223k▼ 33.0%€142k▼ 36.4%€262k▲ 84.6%€585k▲ 123%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200k€400k€600k€800kOperating result 2021: €440k€440kNet result 2021: €333k€333kOperating result 2022: €293k€293kNet result 2022: €223k€223kOperating result 2023: €186k€186kNet result 2023: €142k€142kOperating result 2024: €347k€347kNet result 2024: €262k€262kOperating result 2025: €776k€776kNet result 2025: €585k€585k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 124% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.05M
Equity €3k▼ 98.7%
Debt €1.05M▲ 737%
The debt ratio rises from 32.6% to 99.7%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
Solvency
0.3%
2024 · 67.4%
Current ratio
1.00
2024 · 3.06
Quick ratio
1.00
2024 · 3.06
ROA
55.6%
2024 · 68.2%
Debt
€1.05M
2024 · €125k
Debt ≤ 1 year
€1.05M
2024 · €125k
Income taxes
€189k
2024 · €82k
A ratio outside any meaningful range has been withheld (balance sheet total €1.05M, equity €3k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€384k€1.05M
Current assets29/58€384k€1.05M
Amounts receivable within one year40/41€19k€14k
Trade receivables40€5k€5k=
Other amounts receivable41€14k€9k
Cash at bank and in hand54/58€365k€1.04M
Equity and liabilities
Total equity and liabilities10/49€384k€1.05M
Equity10/15€259k€3k
Contributions10/11€60€60=
Reserves13€250k-
Distributable reserves133€250k-
Profit (loss) carried forward14€8k€3k
Amounts payable17/49€125k€1.05M
Amounts payable within one year42/48€125k€1.05M
Trade debts44€3k€3k
Suppliers440/4€3k€3k
Taxes, remuneration and social security45€89k€282k
Taxes450/3€89k€282k
Other amounts payable47/48€33k€764k
Income statement Code20242025
Other operating charges640/8€578€2k
Gross operating margin9900€347k€778k
Operating profit (loss)9901€347k€776k
Financial charges65/66B€3k€3k
Recurring financial charges65€3k€3k
Profit (loss) for the period before taxes9903€344k€774k
Income taxes67/77€82k€189k
Profit (loss) for the period9904€262k€585k
Profit (loss) for the period to be appropriated9905€262k€585k
Appropriation of the result
Profit (loss) to be appropriated9906€263k€593k
Profit (loss) brought forward from the previous period14P€2k€8k
Transfer from equity791/2-€250k
Transfer to equity691/2€250k-
To other reserves6921€250k-
Profit to be distributed694/7€5k€840k
Return on contributions (dividend)694€5k€840k

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €585k ▲123%
Operating result €776k, net result €585k, both a record.
15-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity triplescurrent ratio 3.06
Current ratio from 1.01 to 3.06; short-term debt falls from €304k to €125k.
31-12
Financial Equity above €200kEq €259k ▲14003%
7 profitable years in a row build equity to €259k.
17-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
08-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
14-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Equity above €200kEq €440k ▲142%
3 profitable years in a row build equity to €440k.
13-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Equity above €150kEq €182k ▲104%
2 profitable years in a row build equity to €182k.
17-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Zedelgem · 1 establishment unit since 2018
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kasteeldreef 15A8210 Zedelgem
Ground area
1,016 m²
Building footprint
146 m²
Volume, LiDAR
1,071 m³
Parcel 31017E0319/00K000, Flanders · tallest building 15.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ProJecT
Kasteeldreef 15A, 8210 ZedelgemReal estate activities
since 20182.271.978.243
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31017E0319/00K000 Flanders 1,016 m² 1 · 146 m² 15.2 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 11,702 companies in sector 68310 we hold annual accounts for 6,876. 1,594 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded11-01-2018
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.