Equity
€161,942 ▲ 199%
Project has made a profit in every financial year since 2022.
Project
Lifetime
5 annual accounts with figures on one time axispeak €292,808 (2026)
€292,808▲ 237%
peak €107,805 (2026)
€107,805▲ 15×
peak €161,942 (2026)
€161,942▲ 199%
€129,322▼ 20.0%
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
30-09-2026123 days before the deadline
2026micro format
Gross margin from €86,969 to €292,808Result from €7,137 to €107,805Equity from €54,137 to €161,942Debts from €161,672 to €129,322Cash from €6,759 to €27,842
Key points
from the 2026 annual accountsResult
€107,805 ▲ 15×
The result rose in 2026 from €7,137 to €107,805.
Turnover
≈ €730,000 estimated
The micro format states no turnover.
Liquidity
1.92 was 0.98 in 2025
Short-term debts fell from €161,672 to €129,322.
Filings
5 annual accounts 4 late
The 2022 accounts came latest: 303 days after the end of the period.
Position in the sector
€107,805
Higher net result than 95% of companies in specialised construction. Sector median €11,485 · 1,192 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,973 companies had the same profile as Project has now. Each dot stands for 68 companies, two years later.
94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
Another 0.1% 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.
| 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 26,973 companies, not a prediction for Project. 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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Signals
Board and ownership
Director, , since 29-03-2021
Director, since 21-11-2022
- 13,000 sharesdeed of 31-03-2021
- 13,000 sharesdeed of 31-03-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0765809654
Registered office moved from Tienen to Leuven
New registered office: Aarschotsesteenweg 447 Bus 1, 3012 LEUVEN · Previous registered office: Vrijthofstraat 11, 3300 Tienen · Board meeting of 12-01-2024 · Gazette deed
Registered office moved from Leuven to Tienen
New registered office: Vrijthofstraat 11, 3300 TIENEN · Previous registered office: Brusselsestraat 19; 3000 LEUVEN · Appointment: (director) · General meeting of 21-09-2022 · Gazette deed
Incorporation
Founding capital of €26,000, 26,000 shares, €2,000 paid up · Founders: and · Appointment: (director) · published on 31-03-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Project Leuven | €291,264 | €292,808 | 55.6% | - |
| ELEFIX Mechelen | €263,915 | €303,512 | 73.3% | 2.3 |
| MMJ CONCEPT Fléron | €323,906 | €221,995 | 38.4% | - |
| O.T. Technics Machelen (Brab.) | €339,620 | €291,219 | -6.5% | - |
| ML Works Brasschaat | €326,055 | €219,522 | 73.1% | - |
| Lift you Up Etterbeek | €343,025 | €376,854 | 1.7% | - |
| GLOBAL STONE Schaerbeek | €227,883 | €291,835 | 8.8% | - |
These companies have the same main activity as Project: other construction installation (NACE 43240). They are comparable in size and age: total assets between €228,000 and €343,000, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 29-03-2021Normal situation
- Activity
- Other construction installationNACE 43240and 1 other
- Establishment unit
- 2.316.674.4573012 Leuven, since 29-03-2021
- Financial year end
- 30 June
- Peppol
- Reachable since 05-02-2025
Annual accounts to 30-06-2026
- €291,264▲ 35.0%
- Filing
- Filed on 30-09-2026, 123 days before the end of the filing period
Insights on Project
Project files the micro format. That format states no turnover. The gross margin rose from €84,551 in 2022 to €292,808 in 2026.
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 Project
- What is the company number of Project?
- The company number of Project is 0765.809.654. The VAT number is the same number with BE in front: BE 0765.809.654.
- Where is Project based?
- The registered office is at Aarschotsesteenweg 447, 3012 Leuven.Company details
- What does Project do?
- According to the KBO register, the main activity is other construction installation (NACE 43240).
- What is the legal form of Project?
- Project is a private limited company (BV).
- When was Project founded?
- Project was founded on 29-03-2021.
- Is Project still active?
- Yes, Project is an active enterprise in the KBO register.
- How many employees does Project have?
- Project had an average of 1.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Project?
- The turnover in financial year 2026 is ≈ €730,000. This figure is estimated from the gross margin of €292,808 and 32 comparable companies (NACE 432). It probably lies between €550,000 and €940,000.
- Is Project profitable?
- In financial year 2026, Project made a profit of €107,805.
- Where can I find the annual accounts of Project?
- Project filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of Project due?
- Project must file the annual accounts for financial year 2027 by 31-01-2028.Timeline
Next steps
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