PROJECT AZ
Dissolution or liquidationSummary
The KBO register records for PROJECT AZ the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show negative equity (-€165,577).
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2020 was due by 30-04-2021 and was filed on 17-05-2021, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
17 d late
2019
382 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 200 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
UBO non-compliance
History
Financials · fiscal year 2020, micro schema
Equity
-€165,577=
2019 · -€165,577
Total assets
€26,211=
2019 · €26,211
Net result
-€5,044
Working capital
-€910=
2019 · -€910
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result-€5,017-€41
Net result-€5,044-
Equity-€165,577--€165,577=-€165,577=
Total assets€26,211-€26,211=€26,211=
Debt€191,788-€191,788=€191,788=
Working capital-€910--€910=-€910=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2019: €41 after a loss of €5,017 in 2018.
Key figures and ratios
Solvency
-631.7%=
2019 · -631.7%
Current ratio
0.97=
2019 · 0.97
Debt to equity
-0.99=
2019 · -0.99
Debt ≤ 1 year
€27,121=
2019 · €27,121
Debt > 1 year
€164,667=
2019 · €164,667
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Gross operating margin9900 | - | €41 | - | - |
| Operating profit (loss)9901 | -€5,017 | €41 | - | - |
| Recurring financial charges65 | €27 | €41 | - | - |
| Profit (loss) for the period before taxes9903 | -€5,044 | - | - | - |
| Profit (loss) for the period9904 | -€5,044 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€5,044 | - | - | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €26,211 | €26,211 | €26,211 | = |
| Current assets29/58 | €26,211 | €26,211 | €26,211 | = |
| Amounts receivable within one year40/41 | €25,005 | €25,005 | €25,005 | = |
| Cash at bank and in hand54/58 | €1,206 | €1,206 | €1,206 | = |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €26,211 | €26,211 | €26,211 | = |
| Equity10/15 | -€165,577 | -€165,577 | -€165,577 | = |
| Contributions10/11 | €95,000 | €95,000 | €95,000 | = |
| Profit (loss) carried forward14 | -€260,577 | -€260,577 | -€260,577 | = |
| Amounts payable17/49 | €191,788 | €191,788 | €191,788 | = |
| Amounts payable after more than one year17 | €164,667 | €164,667 | €164,667 | = |
| Amounts payable within one year42/48 | €27,121 | €27,121 | €27,121 | = |
| Trade debts44 | €550 | €550 | €550 | = |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,044 | - | - | - |
| Operating cash flow (approximation) | -€5,044 | - | - | - |
| Change in cash | - | €0 | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
01-03
KBO administration
UBO non-compliance
event 22-02-2024
2023
15-09
Bankruptcy
Judicial dissolution, liquidator appointed
Ondernemingsrechtbank Gent, afdeling Gent · event 01-07-2021
2021
17-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
17-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 382 days late
17-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 748 days late
2015
29-05
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 29 days late
2014
30-04
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
20-11
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 204 days late
2012
13-09
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 136 days late
13-09
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 502 days late
2010
21-06
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 52 days late
2009
30-04
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
SignalNBB filing
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Gent · 1 establishment unit since 1989
Ground area
156 m²
Building footprint
123 m²
Volume, LiDAR
1,320 m³
2 parcels, Flanders, Wallonia · tallest building 15.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Place de la Victoire 18, 4800 Verviers
since 19892.042.066.863
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63079A1416/00H002 | Wallonia | 103 m² | 1 · 71 m² | 10.4 m · 3 fl. |
| 44815F2793/02B000 | Flanders | 53 m² | 1 · 52 m² | 15.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded12-01-1989
Fiscal year end30-09
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.