PROJECT HAMOIR
ActiveSummary
The computed 12-month bankruptcy probability of PROJECT HAMOIR is 2.2% (moderate). The 2025 annual accounts show negative equity (€-711k) and a net result of €-18k. Equity is shrinking by ~3.9% per year across the filed fiscal years. The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability68=
Solvency10▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.0 against 0.0 in 2024; short-term debt: 115.1% and cash: 0.1% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-15.1%
Return on assets
-0.4%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-711k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
29 d late
2023
29 d late
2022
31 d late
2021
31 d late
2020
30 d early
2019
25 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€0
2019 · €0
2019: €0
2022: €0
2019 → 2022
Total assets
€4.71M▼ 2.4%
2024 · €4.82M
2018: €5.44Mhighest in 8 years
2019: €5.34M▼ -2.0% vs 2018
2020: €5.23M▼ -1.9% vs 2019
2021: €5.12M▼ -2.1% vs 2020
2022: €5.01M▼ -2.1% vs 2021
2023: €4.91M▼ -2.1% vs 2022
2024: €4.82M▼ -1.7% vs 2023
2025: €4.71M▼ -2.4% vs 2024lowest in 8 years
2018 → 2025
Net result
€-18k▼ 83.6%
2024 · €-10k
2018: €-56klowest in 8 years
2019: €-34k▲ +38.8% vs 2018
2020: €-28k▲ +18.0% vs 2019
2021: €-25k▲ +9.9% vs 2020
2022: €-22k▲ +14.7% vs 2021
2023: €-35k▼ -58.9% vs 2022
2024: €-10k▲ +71.3% vs 2023highest in 8 years
2025: €-18k▼ -83.6% vs 2024
2018 → 2025
Working capital
€-5.42M▲ 1.5%
2024 · €-5.50M
2018: €-5.98Mlowest in 8 years
2019: €-5.91M▲ +1.2% vs 2018
2020: €-5.83M▲ +1.3% vs 2019
2021: €-5.74M▲ +1.4% vs 2020
2022: €-5.66M▲ +1.5% vs 2021
2023: €-5.59M▲ +1.2% vs 2022
2024: €-5.50M▲ +1.6% vs 2023
2025: €-5.42M▲ +1.5% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€0
Equity€-627k-€-649k▼ 3.5%€-683k▼ 5.3%€-693k▼ 1.4%€-711k▼ 2.6%
2021: €-627khighest in 5 years
2022: €-649k▼ -3.5% vs 2021
2023: €-683k▼ -5.3% vs 2022
2024: €-693k▼ -1.4% vs 2023
2025: €-711k▼ -2.6% vs 2024lowest in 5 years
Operating result€-25k-€-21k▲ 15.2%€-34k▼ 61.2%€-9k▲ 72.8%€-17k▼ 90.6%
2021: €-25k
2022: €-21k▲ +15.2% vs 2021
2023: €-34k▼ -61.2% vs 2022lowest in 5 years
2024: €-9k▲ +72.8% vs 2023highest in 5 years
2025: €-17k▼ -90.6% vs 2024
Net result€-25k-€-22k▲ 14.7%€-35k▼ 58.9%€-10k▲ 71.3%€-18k▼ 83.6%
2021: €-25k
2022: €-22k▲ +14.7% vs 2021
2023: €-35k▼ -58.9% vs 2022lowest in 5 years
2024: €-10k▲ +71.3% vs 2023highest in 5 years
2025: €-18k▼ -83.6% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €17k in 2025 against €9k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.71M
Fixed assets
€4.70M ▼ 2.1%
Current assets
€3k ▼ 83.4%
Key figures and ratios
EBITDA
€83k▼
2024 · €92k
Cash flow
€82k▼
2024 · €91k
Solvency
-15.1%▼
2024 · -14.4%
Current ratio
0.00▼
2024 · 0.00
Debt to equity
-7.62▲
2024 · -7.96
ROA
-0.4%▼
2024 · -0.2%
Interest coverage
120.81▼
2024 · 127.57
Debt
€5.42M▼
2024 · €5.52M
Debt ≤ 1 year
€5.42M▼
2024 · €5.52M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 30 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.82M€4.71M▼
Fixed assets21/28€4.80M€4.70M▼
Tangible fixed assets22/27€4.80M€4.70M▼
Land and buildings22€4.80M€4.70M▼
Financial fixed assets28€8k€8k=
Current assets29/58€19k€3k▼
Amounts receivable within one year40/41€15k€142▼
Trade receivables40€15k€142▼
Cash at bank and in hand54/58€4k€2k▼
Deferred charges and accrued income490/1€605€588▼
Equity and liabilities
Total equity and liabilities10/49€4.82M€4.71M▼
Equity10/15€-693k€-711k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-712k€-730k▼
Amounts payable17/49€5.52M€5.42M▼
Amounts payable within one year42/48€5.52M€5.42M▼
Trade debts44€21k€2k▼
Suppliers440/4€21k€2k▼
Other amounts payable47/48€5.50M€5.42M▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€101k€100k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€95k€86k▼
Operating profit (loss)9901€-9k€-17k▼
Financial charges65/66B€720€686▼
Recurring financial charges65€720€686▼
Profit (loss) for the period before taxes9903€-10k€-18k▼
Profit (loss) for the period9904€-10k€-18k▼
Profit (loss) for the period to be appropriated9905€-10k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-712k€-730k▼
Profit (loss) brought forward from the previous period14P€-702k€-712k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €0 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €108k | €108k | €105k | €101k | €100k | ▼ 0.7% |
| Other operating charges640/8 | €2k | €2k | €3k | €3k | €3k | ▲ 4.7% |
| Gross operating margin9900 | €86k | €89k | €74k | €95k | €86k | ▼ 9.4% |
| Operating profit (loss)9901 | €-25k | €-21k | €-34k | €-9k | €-17k | ▼ 90.6% |
| Financial charges65/66B | €778 | €774 | €761 | €720 | €686 | ▼ 4.8% |
| Recurring financial charges65 | €778 | €774 | €761 | €720 | €686 | ▼ 4.8% |
| Profit (loss) for the period before taxes9903 | €-25k | €-22k | €-35k | €-10k | €-18k | ▼ 83.6% |
| Profit (loss) for the period9904 | €-25k | €-22k | €-35k | €-10k | €-18k | ▼ 83.6% |
| Profit (loss) for the period to be appropriated9905 | €-25k | €-22k | €-35k | €-10k | €-18k | ▼ 83.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.12M | €5.01M | €4.91M | €4.82M | €4.71M | ▼ 2.4% |
| Fixed assets21/28 | €5.12M | €5.01M | €4.91M | €4.80M | €4.70M | ▼ 2.1% |
| Tangible fixed assets22/27 | €5.11M | €5.00M | €4.90M | €4.80M | €4.70M | ▼ 2.1% |
| Land and buildings22 | €5.11M | €5.00M | €4.90M | €4.80M | €4.70M | ▼ 2.1% |
| Plant, machinery and equipment23 | €1k | €575 | €0 | - | - | - |
| Financial fixed assets28 | €8k | €8k | €8k | €8k | €8k | = |
| Current assets29/58 | €2k | €3k | €4k | €19k | €3k | ▼ 83.4% |
| Amounts receivable within one year40/41 | - | €2k | €0 | €15k | €142 | ▼ 99.0% |
| Trade receivables40 | - | €2k | €0 | €15k | €142 | ▼ 99.0% |
| Cash at bank and in hand54/58 | €889 | €434 | €3k | €4k | €2k | ▼ 35.9% |
| Deferred charges and accrued income490/1 | €1k | €511 | €592 | €605 | €588 | ▼ 2.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.12M | €5.01M | €4.91M | €4.82M | €4.71M | ▼ 2.4% |
| Equity10/15 | €-627k | €-649k | €-683k | €-693k | €-711k | ▼ 2.6% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €-646k | €-668k | €-702k | €-712k | €-730k | ▼ 2.6% |
| Amounts payable17/49 | €5.75M | €5.66M | €5.59M | €5.52M | €5.42M | ▼ 1.8% |
| Amounts payable within one year42/48 | €5.75M | €5.66M | €5.59M | €5.52M | €5.42M | ▼ 1.8% |
| Trade debts44 | €6k | €8k | €9k | €21k | €2k | ▼ 92.0% |
| Suppliers440/4 | €6k | €8k | €9k | €21k | €2k | ▼ 92.0% |
| Other amounts payable47/48 | €5.74M | €5.65M | €5.58M | €5.50M | €5.42M | ▼ 1.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-25k | €-22k | €-35k | €-10k | €-18k | ▼ 83.6% |
| + Depreciation and write-downs630 | €108k | €108k | €105k | €101k | €100k | ▼ 0.7% |
| Operating cash flow (approximation) | €82k | €86k | €70k | €91k | €82k | ▼ 9.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-455 | €3k | €435 | €-1k | ▼ 414% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
NBB filing
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Ukkel · 1 establishment unit since 2010
Ground area
1.8 ha
Building footprint
2,424 m²
Volume, LiDAR
37,490 m³
2 parcels, Brussels · tallest building 36.3 m, ±6 floors. Linked by address, not a title deed.
45
companies at this address
See who is registered here
1 establishment unit
PROJECT HAMOIR
since 20102.194.814.248
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0294/00Z019 | Brussels | 1.3 ha | 1 · 914 m² | 18.9 m · 6 fl. |
| 21652E0039/00H003 | Brussels | 5,127 m² | 1 · 1,510 m² | 36.3 m · 1 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 formPrivate limited company
Founded20-10-2010
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.