Project 360
Open bankruptcyA bankruptcy procedure is open for Project 360 according to publications in the Belgian State Gazette; curator: KRIS GOEMAN. The 2024 annual accounts show negative equity (€-14k) and a net result of €-21k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 30-01-2025, 1 day ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
1 d early
2023
27 d early
2022
13 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-14k
2023 · €7k
2022: €3k
2023: €7k
2022 → 2024
Total assets
€69k▼ 3.9%
2023 · €72k
2022: €76k
2023: €72k
2022 → 2024
Net result
€-21k
2023 · €4k
2022: €15k
2023: €4k
2022 → 2024
Working capital
€-25k▼ 314%
2023 · €-6k
2022: €-4k
2023: €-6k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€3k-€7k▲ 110%€-14k
Operating result€15k-€5k▼ 66.1%€-19k
Net result€15k-€4k▼ 76.8%€-21k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €19k after €5k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €69k
Fixed assets
€11k▼ 20.4%
Current assets
€58k▲ 0.1%
Key figures and ratios
EBITDA
€-16k▼
2023 · €8k
Cash flow
€-18k▼
2023 · €6k
Solvency
-20.5%▼
2023 · 9.3%
Current ratio
0.70▼
2023 · 0.90
Quick ratio
0.61▼
2023 · 0.70
Debt / equity
-5.88▼
2023 · 9.70
ROA
-30.2%▼
2023 · 4.9%
Interest coverage
-7.86▼
2023 · 8.81
Debt
€84k▲
2023 · €65k
Debt ≤ 1 year
€84k▲
2023 · €64k
Debt > 1 year
€0▼
2023 · €1k
Income taxes
€0▼
2023 · €826
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€72k€69k▼
Fixed assets21/28€14k€11k▼
Intangible fixed assets21€3k€2k▼
Tangible fixed assets22/27€8k€6k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€2k€1k▼
Other tangible fixed assets26€1k€1k▼
Financial fixed assets28€3k€3k=
Current assets29/58€58k€58k▲
Stocks and contracts in progress3€13k€7k▼
Stocks30/36€13k€7k▼
Amounts receivable within one year40/41€19k€31k▲
Trade receivables40€16k€31k▲
Other amounts receivable41€4k€81▼
Cash at bank and in hand54/58€24k€19k▼
Deferred charges and accrued income490/1€955€1k▲
Equity and liabilities
Total equity and liabilities10/49€72k€69k▼
Equity10/15€7k€-14k▼
Contributions10/11€3k€3k=
Reserves13€4k€0▼
Distributable reserves133€4k€0▼
Profit (loss) carried forward14€0€-17k▼
Amounts payable17/49€65k€84k▲
Amounts payable after more than one year17€1k€0▼
Financial debts170/4€1k€0▼
Amounts payable within one year42/48€64k€84k▲
Current portion of amounts payable after more than one year42€1k€1k▲
Trade debts44€56k€53k▼
Suppliers440/4€56k€53k▼
Advances received on contracts in progress46€5k€0▼
Taxes, remuneration and social security45€826€0▼
Taxes450/3€826€0▼
Other amounts payable47/48€1k€30k▲
Accrued charges and deferred income492/3-€44
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€0▼
Other operating charges640/8-€2k
Non-recurring operating charges66A€4k€0▼
Gross operating margin9900€16k€-14k▼
Operating profit (loss)9901€5k€-19k▼
Financial income75/76B€118€255▲
Recurring financial income75€118€255▲
Financial charges65/66B€909€2k▲
Recurring financial charges65€909€2k▲
Profit (loss) for the period before taxes9903€4k€-21k▼
Income taxes67/77€826€0▼
Profit (loss) for the period9904€4k€-21k▼
Profit (loss) for the period to be appropriated9905€4k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€-21k▼
Transfer from equity791/2-€4k
Transfer to equity691/2€4k€0▼
To other reserves6921€4k€0▼
Profit to be distributed694/7€0-
Directors or managers695€0-
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-06
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · PROJECT 360 BV MOLEN- HOEK 15, 9340 LEDE · event 12-06-2025
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Weakest financial yearnet €-21k ▼695%
Net result drops to €-21k, the lowest in the series.
04-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
18-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Lede · 1 establishment unit since 2021
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.
Molenhoek 159340 LedeGround area
761 m²
Building footprint
169 m²
Parcel 41066B0052/00L000, Flanders. Linked by address, not a title deed.
1 establishment unit
Project 360
since 20212.315.425.434
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41066B0052/00L000 | Flanders | 761 m² | 1 · 169 m² | - |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | KRIS GOEMAN LEOPOLDLAAN 15, 9200 DENDER-
MONDE |
12-06-2025 → present |
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,421. 3,306 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-03-2021
Fiscal year end30-06
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.