PROJECT 12
ActiveSummary
The computed 12-month bankruptcy probability of PROJECT 12 is 5.5% (elevated). The 2024 annual accounts show equity of €14,610 and a net result of €78,210. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 26% of 15,439 sector peers (NACE 46, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 27-06-2018 Normal situation
- Activity
- Wholesale of pharmaceutical and medical goods NACE 46460and 4 others
- Establishment unit
- 2.277.550.397 2650 Edegem, since 27-06-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 31-10-2023
Board and ownership
- Cauterts SvenDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 5.5%
- Gross margin
- €91,671
- ▲ 322%
- Turnover
- ≈ €350,000
- estimated
- Profit
- €78,210
- ▲ 467%
- Equity
- €14,610
- Total assets
- €170,248
- ▲ 88.3%
- 2025 accounts not filed, 95 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 01-07-2025)1 financial year not filed after the legal deadline; 2 of the last 3 accounts lateLiquidity: current ratio 0.57, cash €351lowers riskSize: total assets €170,248Show the evidence
Checked score
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 22% of them on solvency, 5% on liquidity, 95% on profitability and 95% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 6 accounts on average 20 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
Key points
Recent changes
- · Gazette deed Registered office moved to EdegemNew seat: Strijdersstraat 7/3, 2650 Edegem
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as PROJECT 12: wholesale of pharmaceutical and medical goods (NACE 46460). They are comparable in size and age: total assets between €166,000 and €223,000, founded between 2017 and 2020.
| Company | Total assets | Gross margin |
|---|---|---|
| PROJECT 12 Edegem | €170,248 | €91,671 |
| Vervloet MSM Sint-Niklaas | €189,219 | €113,795 |
| SOMACARE Namur | €177,192 | €67,852 |
| HumaniX Genk | €165,611 | €65,115 |
| TREESOLID Vorselaar | €222,916 | €76,473 |
| BM 2 CONSULTING Beersel | €207,573 | €91,449 |
| GLOBAL HEALTH SUPPORT Esneux | €201,247 | €154,180 |
Key facts about PROJECT 12
- What is the company number of PROJECT 12?
- The company number of PROJECT 12 is 0698.882.228. The VAT number is the same number with BE in front: BE 0698.882.228.
- Where is PROJECT 12 based?
- The registered office is at Strijdersstraat 7, 2650 Edegem.Company details
- What does PROJECT 12 do?
- According to the KBO register, the main activity is wholesale of pharmaceutical and medical goods (NACE 46460).
- What is the legal form of PROJECT 12?
- The legal form of PROJECT 12 is Private limited company (BV).
- When was PROJECT 12 founded?
- PROJECT 12 was founded on 27-06-2018.
- Is PROJECT 12 still active?
- Yes, PROJECT 12 is an active enterprise in the KBO register.
- How many employees does PROJECT 12 have?
- PROJECT 12 had an average of 0.3 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of PROJECT 12?
- The turnover in financial year 2024 is ≈ €350,000. This figure is estimated from the gross margin of €91,671 and 33 comparable companies (NACE 464). It probably lies between €190,000 and €490,000.
- Is PROJECT 12 profitable?
- In financial year 2024, PROJECT 12 made a profit of €78,210.
- Where can I find the annual accounts of PROJECT 12?
- PROJECT 12 filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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