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Complete company report
Generated 16-08-2026
Active BE 0754.480.450Private limited company

PROJECT HEALTH

Jesserenstraat 150 ·3840 Tongeren-Borgloon, Belgium· 5 yrs active
Sector: Activiteiten op het gebied van kinesitherapie (86951)
Conclusion Checked

The computed 12-month bankruptcy probability of PROJECT HEALTH is 0.2% (very low). The 2023 annual accounts show equity of €300k and a net result of €155k. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €300k
Net result €155k
Active 5 yrs
Locations 1
Financial profile 5 of 5 axes measured · computed by Checked
Health100Profitability100Solvency100Growth78Stability94
94 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100
Profitability 100
Solvency 100
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
0.2% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Young company +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2023 · computed
100 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.
Financial overview5 NBB filings
Annual accounts filed on 23-02-2026 with the NBB · fiscal year 2025 · micro
€0€100k€200kOperating result 2022: €96k€96kNet result 2022: €75k€75kOperating result 2023: €202k€202kNet result 2023: €155k€155k20222023
Operating resultNet result
EBITDA
€215k
+99.2% 22-23
Net profit
€155k
+107.4% 22-23
Cash flow
€168k
+95.2% 22-23
Total assets
€375k
+76.3% 22-23
Equity
€300k
+106.5% 22-23
Working capital
€287k
+128.6% 22-23
Income taxes
€46k
+129.9% 22-23
Dividends
€2k
- 22-23
Show 10 other metrics
Debt
€75k
+11.4% 22-23
Debt ≤ 1y
€55k
+30.2% 22-23
Debt > 1y
€21k
-19.3% 22-23
Current ratio
6.26
+56.6% 22-23
Quick ratio
6.26
+56.6% 22-23
Solvency
80.0%
+17.1% 22-23
Debt / equity
0.25
-46.0% 22-23
ROE
51.6%
+0.4% 22-23
ROA
41.2%
+17.6% 22-23
Interest coverage
100.54
+51.6% 22-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue-
EBITDA€215k
Net profit€155k
Cash flow€168k
Staff costs-
Income taxes€46k
Dividends-
Total assets€375k
Equity€300k
Debt€75k
of which ≤ 1y€55k
of which > 1y€21k
Working capital€287k
Employees (FTE)-
Ratios (computed)
2023
Current ratio6.26
Quick ratio6.26
Working capital ratio76.5%
Solvency80.0%
Debt / equity0.25
Long-term debt ratio0.07
Interest coverage100.54
Gross margin-
Net margin-
ROA41.2%
ROE51.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€375k
Fixed assets 21/28€34k
Tangible fixed assets 22/27€34k
Current assets 29/58€341k
Cash & bank 54/58€323k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€375k
Equity 10/15€300k
Contributions / capital 10/11€3k
Reserves 13€297k
Amounts payable 17/49€75k
Amounts payable after one year 17€21k
Amounts payable within one year 42/48€55k
Trade debts payable within one year 44€1k
Income statement
Gross operating margin 9900€217k
Operating result 9901€202k
Financial income 75€2k
Financial charges 65€2k
Result before taxes 9903€201k
Income taxes 67/77€46k
Net result for the period 9904€155k
Result to be appropriated 9905€155k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Activiteiten op het gebied van kinesitherapie(86951)
Legal form Private limited company(610)
Incorporation16-09-2020
StatusActive
Postal code3840
Establishment units 1 location
PROJECT HEALTH
Ekkelgaarden 6E, 3500 HasseltSport- en recreatieonderwijs
since 20202.307.568.335
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71324E0542/00V000 Flanders 9,713 m² 1 · 214 m² 7.4 m
73034B0168/00W000 Flanders 1,026 m² 1 · 128 m² 11.5 m · 3 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
23-02-2026
NBB filing Annual accounts filed
fiscal year 2025 · micro
2025
28-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
01-08-2024
State Gazette act Registered-office change
25-06-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
05-07-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
29-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
Belgian State Gazette reading coverage 0 of 2 acts read

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
Address history · 1
01-08-2024
Registered-office move
All acts · 1 updated 2 years ago
2024
01-08-2024 Registered office moved from Hasselt to Borgloon Registered-office change
  • LUIKERSTEENWEG 333, 3500 HASSELT → Jesserenstraat 150, 3840 Borgloon
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Jesserenstraat 150, 3840 Borgloon",
        "city": "Borgloon",
        "region": "vlaams_gewest",
        "street": "Jesserenstraat",
        "country": "BE",
        "postcode": "3840",
        "box_number": null,
        "street_number": "150",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "LUIKERSTEENWEG 333, 3500 HASSELT",
        "city": "Hasselt",
        "region": "vlaams_gewest",
        "street": "LUIKERSTEENWEG",
        "country": "BE",
        "postcode": "3500",
        "box_number": null,
        "street_number": "333",
        "locality_suffix": null
      },
      "effective_date": "2024-07-22",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-08-01",
    "filing_date": null,
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2024-06-28",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0754.480.450",
    "name_full": "PROJECT HEALTH",
    "legal_form": "BV",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Smolders Am\u00E9lie",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": []
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Ambulante revalidatieactiviteiten86905Activiteiten op het gebied van kinesitherapie86951Overige vormen van onderwijs85599Overige vormen van onderwijs85599
Primary activity highlighted.
Names & trade names
Legal nameNL PROJECT HEALTH
Registered office
Jesserenstraat 150
3840 Tongeren-Borgloon, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative