PROJECT ENGINEERING SERVICE COMPANY

Active

Private limited companyfounded 2018active for 7 yearsRomeinsesteenweg 268 2/2, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0715.658.971

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of PROJECT ENGINEERING SERVICE COMPANY is 5.7% (elevated). For PROJECT ENGINEERING SERVICE COMPANY, at least two annual filings are missing. The 2022 annual accounts show equity of €27,428 and a net result of €42,339. Equity has been growing by about 13% per year since 2019. The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

PROJECT ENGINEERING SERVICE COMPANYActive

Risk analysis Report Compare

Official details

KBO

Status: Active since 10-12-2018 Normal situation
Activity: No activity registered in the KBO
Establishment unit: 2.283.122.355 1800 Vilvoorde, since 10-12-2018
Financial year end: 31 December
Peppol: Not found in the Peppol Directory

Company details

Board and ownership

Board

Furka MichaelDirector

Board & ownership

Financial position

Bankruptcy probabilitywithin 12 months: 5.7%

2022 figures too old to score

Annual accounts 2022

Gross margin: €53,102; ▼ 18.2%
Turnover: ≈ €160,000; estimated
Profit: €42,339; ▼ 17.5%
Equity: €27,428; ▼ 86.6%
Total assets: €268,331; ▲ 14.9%

2023 accounts not filed, 823 days past the deadline

Filed on 06-07-2023PDF

Financials

Signalsraises riskFigures for financial year 2022 (filed on 11-07-2023)No filing in 24 months (latest 11-07-2023)3 financial years not filed after the legal deadlineTwo or more financial years not filedlowers riskSize: total assets €268,331neutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score

Figures too old

The latest figures are for FY 2022. They are too old for a current score.

Bankruptcy probability: Elevated

Filing: At least two annual filings are missing

Financial strength, FY 2022 · tick: 2021

Average

Solvency 35-65

equity 10.2% of total assets

Liquidity 16-34

short-term debt 85.0% · cash 10.2%

Profitability 88-8

return on assets 15.8%

Bankruptcy probability within 12 months

5.7% Elevated

0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 2.3%lowest value 12-2024: 2.8%▲ +0.5 percentage points vs 11-2024 01-2025: 3.9%▲ +1.1 percentage points vs 12-2024 02-2025: 3.9%● unchanged vs 01-2025 03-2025: 4.3%▲ +0.4 percentage points vs 02-2025 04-2025: 4.1%▼ -0.2 percentage points vs 03-2025 05-2025: 4.1%● unchanged vs 04-2025 06-2025: 4.0%▼ -0.1 percentage points vs 05-2025 07-2025: 4.0%● unchanged vs 06-2025 08-2025: 6.1%▲ +2.1 percentage points vs 07-2025 09-2025: 6.1%● unchanged vs 08-2025 10-2025: 6.1%● unchanged vs 09-2025 11-2025: 6.1%● unchanged vs 10-2025 12-2025: 6.1%● unchanged vs 11-2025 01-2026: 6.2%▲ +0.1 percentage points vs 12-2025highest value 02-2026: 6.2%● unchanged vs 01-2026highest value 03-2026: 6.2%● unchanged vs 02-2026highest value 04-2026: 6.2%● unchanged vs 03-2026highest value 05-2026: 6.2%● unchanged vs 04-2026highest value 06-2026: 6.2%● unchanged vs 05-2026highest value 07-2026: 6.2%● unchanged vs 06-2026highest value 08-2026: 5.8%▼ -0.4 percentage points vs 07-2026 09-2026: 5.7%▼ -0.1 percentage points vs 08-2026 10-2026: 5.7%● unchanged vs 09-2026

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

Six signals.

lowers riskraises riskneutral

Figures for financial year 2022 (filed on 11-07-2023)

NBB · annual accounts

Size: total assets €268,331

Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.

NBB · annual accounts

No filing in 24 months (latest 11-07-2023)

NBB · filings

3 financial years not filed after the legal deadline

NBB · filings

Two or more financial years not filed

Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 4 filings

Position against the passed deadline

31-12-2023 year end31-07-2024 deadline01-11-2026 today

Latest accounts filed on time

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 06-07-2023, 25 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

not filed

2022

25 days early

2021

8 days late

2020

51 days early

2019

21 days late

← before the deadline after the deadline →

tick = median of all Belgian filings

The company filed its last 4 accounts on average 12 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Key points

Caution: Equity fell in 2022from €205,428 to €27,428 ▼ 86.6% View

Documents

Key facts about PROJECT ENGINEERING SERVICE COMPANY

What is the company number of PROJECT ENGINEERING SERVICE COMPANY?: The company number of PROJECT ENGINEERING SERVICE COMPANY is 0715.658.971. The VAT number is the same number with BE in front: BE 0715.658.971.
Where is PROJECT ENGINEERING SERVICE COMPANY based?: The registered office is at Romeinsesteenweg 268 2/2, 1800 Vilvoorde.Company details
What is the legal form of PROJECT ENGINEERING SERVICE COMPANY?: The legal form of PROJECT ENGINEERING SERVICE COMPANY is Private limited company (BV).
When was PROJECT ENGINEERING SERVICE COMPANY founded?: PROJECT ENGINEERING SERVICE COMPANY was founded on 10-12-2018.
Is PROJECT ENGINEERING SERVICE COMPANY still active?: Yes, PROJECT ENGINEERING SERVICE COMPANY is an active enterprise in the KBO register.
What is the turnover of PROJECT ENGINEERING SERVICE COMPANY?: The turnover in financial year 2022 is ≈ €160,000. This figure is estimated from the gross margin of €53,102 and 2,678 comparable companies of the same size. It probably lies between €110,000 and €280,000. It is a rough estimate.Financials
Is PROJECT ENGINEERING SERVICE COMPANY profitable?: In financial year 2022, PROJECT ENGINEERING SERVICE COMPANY made a profit of €42,339.
Where can I find the annual accounts of PROJECT ENGINEERING SERVICE COMPANY?: PROJECT ENGINEERING SERVICE COMPANY filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2022.Annual accounts 2022 (PDF)

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.

Overview

Official details

Board and ownership

Financial position

Bankruptcy probability

Signals

Key points

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

Articles and registers

Key facts about PROJECT ENGINEERING SERVICE COMPANY

Next steps