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Project Control

Active
Private limited companyfounded 2020active for 6 yearsFrankrijklei 122, 2000 Antwerpen, BelgiumKBO/BCE: BE 0751.572.826
Summary

Project Control has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €17,992 and a net result of €15,105. Equity has been growing by about 33% per year since 2021. Its solvency ranks better than 34% of 1,382 sector peers (NACE 70, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 29-07-2020 Normal situation
Activity
Business and other management consultancy NACE 70200
Establishment unit
2.305.214.502 2980 Zoersel, since 29-07-2020
Financial year end
31 March
Peppol
Reachable since 27-03-2025

Board and ownership

Board
  • Ligtvoet NielsDirector · since 29-07-2020

Financial position

93 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 31-03-2026
Gross margin
€24,418
▲ 90.2%
Turnover
≈ €110,000
estimated
Profit
€15,105
▲ 89.7%
Equity
€17,992
▼ 45.3%
Total assets
€43,539
▼ 5.8%
Score breakdownraises risk1 change of registered office in 24 monthslowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 1.48, cash €15,275, halvedSize: total assets €43,539Show the evidence

Checked score

Score 2026
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 48% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2025
Strong
Solvency 66-30
equity 41.3% of total assets
Liquidity 63-26
short-term debt 58.7% · cash 35.1%
Profitability 100+10
return on assets 34.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,536 companies, NACE 70, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.48 (3.64 in 2025), below the usual 1.5. Short-term debt is 58.7% and cash 35.1% of total assets. 58.7% of the assets are financed with debt and provisions.
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 70, micro). It does better than 39% of them on solvency, 56% on liquidity, 84% on profitability and 14% on growth.

The bankruptcy probability was computed on 03-11-2026 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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 1.48, cash €15,275, halved
NBB · annual accounts
lowers risk · Size: total assets €43,539
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 30-10-2026, 1 day ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2026
1 day early
2025
14 days early
2024
8 days early
2023
36 days early
2022
14 days early
2021
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 13 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 17 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2026, micro format

Annual accounts 2026 filed on 30-10-2026 at the NBB all 6 filings

Turnover
≈ €110,000
Estimated: probably between €55,000 and €230,000
Total assets
€43,539▼ 5.8%
2025 · €46,223
Net result
€15,105▲ 89.7%
2025 · €7,961
Working capital
€12,175▼ 62.9%
2025 · €32,822
Multi-year overview
2021 to 2026, 6 financial years
Operating result
€23,295
▲ 119% 2026
20212026
Net result
€15,105
▲ 89.7% 2026
20212026
Equity
€17,992
▼ 45.3% 2026
20212026
Total assets
€43,539
▼ 5.8% 2026
20212026
Debt
€25,547
▲ 91.6% 2026
20212026
Working capital
€12,175
▼ 62.9% 2026
20212026
Solvency
41.3%
▼ 29.8pp 2026
20212026
Current ratio
1.48
▼ 2.16 2026
20212026
Return on assets (ROA)
34.7%
▲ 17.5pp 2026
20212026
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line202120222023202420252026
Operating result€4,091-€10,999▲ 169%€14,062▲ 27.9%€5,239▼ 62.7%€10,625▲ 103%€23,295▲ 119%
Net result€2,610within the sector's middle half-€6,382within the sector's middle half▲ 145%€9,713within the sector's middle half▲ 52.2%€3,721within the sector's middle half▼ 61.7%€7,961within the sector's middle half▲ 114%€15,105▲ 89.7%
Equity€5,110below the sector's middle half-€11,492below the sector's middle half▲ 125%€21,205below the sector's middle half▲ 84.5%€24,926below the sector's middle half▲ 17.5%€32,887within the sector's middle half▲ 31.9%€17,992▼ 45.3%
Total assets€31,226below the sector's middle half-€35,176below the sector's middle half▲ 12.7%€44,213below the sector's middle half▲ 25.7%€35,166below the sector's middle half▼ 20.5%€46,223below the sector's middle half▲ 31.4%€43,539▼ 5.8%
Debt€26,116-€23,684▼ 9.3%€23,008▼ 2.9%€10,240▼ 55.5%€13,336▲ 30.2%€25,547▲ 91.6%
Working capital€3,022within the sector's middle half-€8,299within the sector's middle half▲ 175%€19,758within the sector's middle half▲ 138%€23,256within the sector's middle half▲ 17.7%€32,822within the sector's middle half▲ 41.1%€12,175▼ 62.9%
Solvency16.4%below the sector's middle half-32.7%within the sector's middle half▲ 16.3pp48.0%within the sector's middle half▲ 15.3pp70.9%within the sector's middle half▲ 22.9pp71.1%within the sector's middle half▲ 0.3pp41.3%▼ 29.8pp
Current ratio1.13within the sector's middle half-1.40within the sector's middle half▲ 0.261.94within the sector's middle half▲ 0.543.52within the sector's middle half▲ 1.583.64within the sector's middle half▲ 0.121.48▼ 2.16
Return on assets (ROA)8.4%within the sector's middle half-18.1%within the sector's middle half▲ 9.8pp22.0%within the sector's middle half▲ 3.8pp10.6%within the sector's middle half▼ 11.4pp17.2%within the sector's middle half▲ 6.6pp34.7%▲ 17.5pp
above within below The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2026 is 119% higher than in 2025 and the highest since 2022. It is the second rise in a row, after the fall in 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €43,539
Fixed assets €5,817 ▲ 506%
Current assets €37,722 ▼ 16.7%
Equity and liabilities €43,539
Equity €17,992 ▼ 45.3%
Debt €25,547 ▲ 91.6%
Debt's share of the balance-sheet total rises from 28.9% to 58.7%. Equity is lower and debt is higher.
Key figures and ratios
2026 value · change against 2025
EBITDA
€23,898▲
2025 · €12,335
Cash flow
€15,708▲
2025 · €9,671
Debt to equity
1.42▲
2025 · 0.41
ROE
84.0%▲
2025 · 24.2%
Interest coverage
over 100▲
2025 · 69.29
Debt ≤ 1 year
€25,547▲
2025 · €12,441
Income taxes
€8,081▲
2025 · €2,487
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item31-03-202231-03-202331-03-202431-03-202531-03-2026
Tangible fixed assets€3,956-€1,629-€1,500
Financial fixed assets----€4,110
Depreciation and write-downs of the year€1,321€2,488€2,406€1,710€603

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 44 lines
Balance sheet Code20252026
Assets
Total assets20/58€46,223€43,539▼
Fixed assets21/28€960€5,817▲
Tangible fixed assets22/27€810€1,707▲
Furniture and vehicles24€810€1,707▲
Financial fixed assets28€150€4,110▲
Current assets29/58€45,263€37,722▼
Amounts receivable within one year40/41€2,819€20,749▲
Trade receivables40€2,819€20,015▲
Other amounts receivable41-€734
Cash at bank and in hand54/58€42,444€15,275▼
Deferred charges and accrued income490/1-€1,698
Equity and liabilities
Total equity and liabilities10/49€46,223€43,539▼
Equity10/15€32,887€17,992▼
Contributions10/11€2,500€2,500=
Reserves13€30,387€15,492▼
Distributable reserves133€30,387€15,492▼
Profit (loss) carried forward14-€0
Amounts payable17/49€13,336€25,547▲
Amounts payable within one year42/48€12,441€25,547▲
Trade debts44€999€2,220▲
Suppliers440/4€999€2,220▲
Taxes, remuneration and social security45€3,722€16,264▲
Taxes450/3€3,722€11,859▲
Remuneration and social security454/9-€4,404
Other amounts payable47/48€7,720€7,064▼
Accrued charges and deferred income492/3€895€0▼
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,710€603▼
Other operating charges640/8€505€520▲
Gross operating margin9900€12,840€24,418▲
Operating profit (loss)9901€10,625€23,295▲
Financial income75/76B€1€15▲
Recurring financial income75€1€15▲
Financial charges65/66B€178€124▼
Recurring financial charges65€178€124▼
Profit (loss) for the period before taxes9903€10,448€23,186▲
Income taxes67/77€2,487€8,081▲
Profit (loss) for the period9904€7,961€15,105▲
Profit (loss) for the period to be appropriated9905€7,961€15,105▲
Appropriation of the result
Profit (loss) to be appropriated9906€7,961€15,105▲
Transfer from equity791/2-€30,000
Transfer to equity691/2€7,961€15,105▲
To other reserves6921€7,961€15,105▲
Profit to be distributed694/7-€30,000
Return on contributions (dividend)694-€30,000

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2026 at the NBB, filed on 30-10-2026.

Line202120222023202420252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,093€1,321€2,488€2,406€1,710€603▼ 64.7%
Other operating charges640/8-€302€102€493€505€520▲ 2.8%
Non-recurring operating charges66A-€2,367€654€0---
Gross operating margin9900€7,184€14,989€17,307€8,138€12,840€24,418▲ 90.2%
Operating profit (loss)9901€4,091€10,999€14,062€5,239€10,625€23,295▲ 119%
Financial income75/76B-€29€0€9€1€15▲ 14×
Recurring financial income75€0€29€0€9€1€15▲ 14×
Financial charges65/66B-€1,294€1,017€151€178€124▼ 30.4%
Recurring financial charges65€750€1,294€1,017€151€178€124▼ 30.4%
Profit (loss) for the period before taxes9903€3,341€9,733€13,046€5,096€10,448€23,186▲ 122%
Income taxes67/77€732€3,351€3,333€1,375€2,487€8,081▲ 225%
Profit (loss) for the period9904€2,610€6,382€9,713€3,721€7,961€15,105▲ 89.7%
Profit (loss) for the period to be appropriated9905€2,610€6,382€9,713€3,721€7,961€15,105▲ 89.7%
Line202120222023202420252026Change
Assets
Total assets20/58€31,226€35,176€44,213€35,166€46,223€43,539▼ 5.8%
Fixed assets21/28€5,668€5,935€3,447€2,670€960€5,817▲ 506%
Tangible fixed assets22/27€5,518€5,785€3,297€2,520€810€1,707▲ 111%
Plant, machinery and equipment23-€1,981€811€0---
Furniture and vehicles24-€3,804€2,486€2,520€810€1,707▲ 111%
Financial fixed assets28€150€150€150€150€150€4,110▲ 27×
Current assets29/58€25,558€29,241€40,766€32,496€45,263€37,722▼ 16.7%
Amounts receivable within one year40/41€10,285€12,687€36,421€2,711€2,819€20,749▲ 636%
Trade receivables40-€12,633€35,570€2,711€2,819€20,015▲ 610%
Other amounts receivable41-€54€850€0-€734-
Cash at bank and in hand54/58€3,249€7,416€4,345€29,785€42,444€15,275▼ 64.0%
Deferred charges and accrued income490/1-€9,138€0--€1,698-
Equity and liabilities
Total equity and liabilities10/49€31,226€35,176€44,213€35,166€46,223€43,539▼ 5.8%
Equity10/15€5,110€11,492€21,205€24,926€32,887€17,992▼ 45.3%
Contributions10/11-€2,500€2,500€2,500€2,500€2,500=
Reserves13€2,610€8,992€18,705€22,426€30,387€15,492▼ 49.0%
Distributable reserves133-€8,992€18,705€22,426€30,387€15,492▼ 49.0%
Profit (loss) carried forward14-----€0-
Amounts payable17/49€26,116€23,684€23,008€10,240€13,336€25,547▲ 91.6%
Amounts payable within one year42/48€22,536€20,942€21,008€9,240€12,441€25,547▲ 105%
Trade debts44€182€741€803€708€999€2,220▲ 122%
Suppliers440/4-€741€803€708€999€2,220▲ 122%
Taxes, remuneration and social security45-€6,536€4,130€2,488€3,722€16,264▲ 337%
Taxes450/3-€6,536€4,130€2,488€3,722€11,859▲ 219%
Remuneration and social security454/9-----€4,404-
Other amounts payable47/48-€13,665€16,075€6,044€7,720€7,064▼ 8.5%
Accrued charges and deferred income492/3-€2,741€2,000€1,000€895€0▼ 100%
Line202120222023202420252026Change
Profit (loss) for the period9904€2,610€6,382€9,713€3,721€7,961€15,105▲ 89.7%
+ Depreciation and write-downs630€3,093€1,321€2,488€2,406€1,710€603▼ 64.7%
Operating cash flow (approximation)€5,703€7,703€12,201€6,127€9,671€15,708▲ 62.4%
Investment in fixed assets (approximation)--€1,588€0-€1,629€0-€5,460-
Change in cash-€4,167-€3,071€25,440€12,659-€27,169-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 26,972 companies had the same profile as Project Control has now. Two years later, 94.9% were still going and 1.6% had gone bankrupt.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
94.9% was still going
3.4% stopped otherwise
1.6% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Project Control itself is lower: 0.1% within 12 months. It rests on far more data about Project Control than the profile alone.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 26,972 companies, not a prediction for Project Control. 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.

Filings with the National Bank (6)
Financial year Type Filed Reference Document
31-03-2026 micro format 30-10-2026 2026-00597212 PDF
31-03-2025 micro format 17-10-2025 2025-00544594 PDF
31-03-2024 micro format 23-10-2024 2024-00512643 PDF
31-03-2023 micro format 25-09-2023 2023-00453010 PDF
31-03-2022 micro format 17-10-2022 2022-20464011 PDF
31-03-2021 micro format 28-10-2021 2021-74100245 PDF

Board & ownership

Directors

Directors
1 director
Ligtvoet Niels
Director · since 29-07-2020 · listed in the 2026 annual accounts, filed on 30-10-2026
Current

Owners and capital

Network & group

Project Control shares no director with another company.

Companies at the same address

5 other companies

Connections & network

1 current director
Depth

The network starts from the directors of Project Control. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2027 accounts: 31-10-2027
2026
30-10
NBB filing Annual accounts 2026 filedNBB
micro format · 1 day before the deadline
29-09
Gazette deed Registered office moved from Zoersel to Antwerpen
New seat: Frankrijklei 122 bus 503, 2000 Antwerpen · Previous seat: Jachthoornlaan 10, 2980 Zoersel, België2 points ▸
  • Registered-office move, Frankrijklei 122 bus 503, 2000 Antwerpen
  • Board meeting, 25-09-2026

Open the act in the Belgian Official Gazette

31-03
Financial Highest result from 2021 to 2026net €15,105 ▲89.7%
The operating result of €23,295 and the net result of €15,105 are both a record.
2025
17-10
NBB filing Annual accounts 2025 filedPDF
micro format · 14 days before the deadline
2024
23-10
NBB filing Annual accounts 2024 filedPDF
micro format · 8 days before the deadline
2023
25-09
NBB filing Annual accounts 2023 filedPDF
micro format · 36 days before the deadline
2022
17-10
NBB filing Annual accounts 2022 filedPDF
micro format · 14 days before the deadline
04-10
Gazette deed Registered office moved from Antwerpen to Zoersel
New seat: Jachthoornlaan 10, 2980 Zoersel · Previous seat: 2000 Antwerpen, Koningstraat 6 bus 1 · Director in office3 points ▸
  • Board meeting, 30-08-2022
  • Registered-office move, Jachthoornlaan 10, 2980 Zoersel
  • Director in office, Nlels Ligtvoet (director)

Open the act in the Belgian Official Gazette

2021
28-10
NBB filing Annual accounts 2021 filedPDF
micro format · 3 days before the deadline
2020
31-07
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

Project Control was incorporated on 29 July 2020 as a private limited company.1 The registered office moved to Zoersel in 2022 and to Antwerpen in 2026.23 Total assets rose from €31,226 in 2021 to €43,539 in 2026.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 04-10-2022
  3. 3Belgian Official Gazette, 29-09-2026
  4. 4National Bank, annual accounts 2021 and 2026

Company details

Register details

Identity

KBO record
Name Project Control in Dutch
Enterprise number 0751.572.826
Legal form Private limited company
Status Active, normale toestand
Founded 29-07-2020
Entity type Legal entity

Registered office and establishments

Registered office Frankrijklei 122, 2000 Antwerpen, Belgium
1 former office
  • 2000 Antwerpen until 30-08-2022 · act of 04-10-2022
Establishment unit Project Control, Jachthoornlaan 10, 2980 Zoersel since 29-07-2020 · unit number 2.305.214.502

Activities

NACEBEL 2025
70200 Business and other management consultancy main activity
Codes under NACEBEL 2008
70220 Business consulting main activity

Invoicing and payment

VAT number BE 0751.572.826
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0751572826
Other Peppol ID 9925:BE0751572826
Registered 27-03-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-03

Sites & property

Location
registered office establishment The establishment unit on the map
6 companies at this address See who is registered here

Buildings and parcels at the addresses

Ground area
2,916 m²
Building footprint
749 m²
Building volume
8,571 m³
Tallest building: 29.0 m.
Cadastral parcel Region Area Buildings Height / floors
11055C0147/00N000 Flanders 2,455 m² 1 · 287 m² 7.0 m · 2
11803C0380/00P003 Flanders 461 m² 1 · 461 m² 29.0 m · 5