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PROJECT J

Active
Private limited companyfounded 20232 yrs activeRue d'Asquempont 2, 1460 Ittre, BelgiumKBO/BCE: BE 1002.280.115
Summary

PROJECT J has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15k and a net result of €10k. Its solvency ranks better than 30% of 2566 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
Axes
Profitability83
Solvency43
Growth-
Track record67
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.89; short-term debt: 82.4% and cash: 19.2% of total assets), and 82.4% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
17.6%
Return on assets
11.5%
Age of the figures
9 mo
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 · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€15k
Total assets
€85k
Net result
€10k
Working capital
€-8k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €85k
Fixed assets €23k
Current assets €63k
Equity and liabilities €85k
Equity €15k
Debt €70k
Debt finances 82.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€19k
Cash flow
€15k
Current ratio
0.89
Quick ratio
0.62
Debt to equity
4.69
ROE
65.7%
ROA
11.5%
Interest coverage
8.87
Debt ≤ 1 year
€70k
Income taxes
€3k
Staff costs
€15k
Filed annual accounts As filed with the NBB · 2025 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€85k
Fixed assets21/28€23k
Tangible fixed assets22/27€23k
Plant, machinery and equipment23€2k
Furniture and vehicles24€5k
Other tangible fixed assets26€16k
Financial fixed assets28€125
Current assets29/58€63k
Stocks and contracts in progress3€19k
Stocks30/36€19k
Amounts receivable within one year40/41€27k
Trade receivables40€27k
Cash at bank and in hand54/58€16k
Equity and liabilities
Total equity and liabilities10/49€85k
Equity10/15€15k
Contributions10/11€3k
Profit (loss) carried forward14€12k
Amounts payable17/49€70k
Amounts payable within one year42/48€70k
Trade debts44€18k
Suppliers440/4€18k
Taxes, remuneration and social security45€14k
Taxes450/3€14k
Other amounts payable47/48€38k
Income statement Code2025
Remuneration, social security and pensions62€15k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k
Other operating charges640/8€1k
Gross operating margin9900€36k
Operating profit (loss)9901€15k
Financial income75/76B€447
Recurring financial income75€447
Financial charges65/66B€2k
Recurring financial charges65€2k
Profit (loss) for the period before taxes9903€13k
Income taxes67/77€3k
Profit (loss) for the period9904€10k
Profit (loss) for the period to be appropriated9905€10k
Appropriation of the result
Profit (loss) to be appropriated9906€12k
Profit (loss) brought forward from the previous period14P€2k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line2025
Remuneration, social security and pensions62€15k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k
Other operating charges640/8€1k
Gross operating margin9900€36k
Operating profit (loss)9901€15k
Financial income75/76B€447
Recurring financial income75€447
Financial charges65/66B€2k
Recurring financial charges65€2k
Profit (loss) for the period before taxes9903€13k
Income taxes67/77€3k
Profit (loss) for the period9904€10k
Profit (loss) for the period to be appropriated9905€10k
Line2025
Assets
Total assets20/58€85k
Fixed assets21/28€23k
Tangible fixed assets22/27€23k
Plant, machinery and equipment23€2k
Furniture and vehicles24€5k
Other tangible fixed assets26€16k
Financial fixed assets28€125
Current assets29/58€63k
Stocks and contracts in progress3€19k
Stocks30/36€19k
Amounts receivable within one year40/41€27k
Trade receivables40€27k
Cash at bank and in hand54/58€16k
Equity and liabilities
Total equity and liabilities10/49€85k
Equity10/15€15k
Contributions10/11€3k
Profit (loss) carried forward14€12k
Amounts payable17/49€70k
Amounts payable within one year42/48€70k
Trade debts44€18k
Suppliers440/4€18k
Taxes, remuneration and social security45€14k
Taxes450/3€14k
Other amounts payable47/48€38k
Line2025
Profit (loss) for the period9904€10k
+ Depreciation and write-downs630€5k
Operating cash flow (approximation)€15k

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
0 of 2 acts read
About the unread acts

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.

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Directors · office · real estate

Directors
2 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, Ittre · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
2.4 ha
Building footprint
1,938 m²
Volume, LiDAR
14,561 m³
2 parcels, Wallonia · tallest building 14.0 m, ±5 floors. Linked by address, not a title deed.
12 companies at this address See who is registered here
1 establishment unit
Project J
Rue de Tubize 26, 1460 IttreManufacture of motor vehicles, trailers and semi-trailers
since 20232.356.844.137
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25108B0807/00B000 Wallonia 1.9 ha 1 · 142 m² 13.9 m · 5 fl.
25108A0261/00F000 Wallonia 5,133 m² 1 · 1,796 m² 9.2 m · 2 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.

Similar companies · same sector, comparable size

Of 7,373 companies in sector 95311 we hold annual accounts for 2,961. 1,443 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded14-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95316Washing and cleaning of motor vehicles
Contact
E-mail jclercq23@gmail.com

Scores and ratios are computed by Checked and are not a credit decision.