Project Pica
ActiveSummary
The annual accounts of Project Pica for fiscal year 2024 show a net loss of 69% of total assets. The 2024 annual accounts show equity of €436 and a net result of €-2k. Its solvency ranks better than 26% of 480 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
42
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability0
Solvency44
Growth-
Track record67
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
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 2024Age of the figures
Age of the figures
21 mo
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 filingDeviation from the deadline
2024
29 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€436
Total assets
€2k
Net result
€-2k
Working capital
€-857
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Equity and liabilities €2k
Equity
€436
Debt
€2k
Debt finances 80.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€-2k
Cash flow
€-2k
Interest coverage
-445.10
Debt ≤ 1 year
€2k
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
Filed annual accounts As filed with the NBB · 2024 · 23 lines
Balance sheet
Code2024
Assets
Total assets20/58€2k
Formation expenses20€1k
Current assets29/58€958
Amounts receivable within one year40/41€511
Other amounts receivable41€511
Cash at bank and in hand54/58€447
Equity and liabilities
Total equity and liabilities10/49€2k
Equity10/15€436
Contributions10/11€2k
Profit (loss) carried forward14€-2k
Amounts payable17/49€2k
Amounts payable within one year42/48€2k
Trade debts44€2k
Suppliers440/4€2k
Income statement
Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61
Gross operating margin9900€-2k
Operating profit (loss)9901€-2k
Financial charges65/66B€3
Recurring financial charges65€3
Profit (loss) for the period before taxes9903€-2k
Profit (loss) for the period9904€-2k
Profit (loss) for the period to be appropriated9905€-2k
Appropriation of the result
Profit (loss) to be appropriated9906€-2k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
NBB filing
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, Antwerpen · 1 establishment unit since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
IJzerenpoortkaai 32000 AntwerpenGround area
449 m²
Building footprint
438 m²
Volume, LiDAR
4,844 m³
Parcel 11811L3958/00T000, Flanders · tallest building 20.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Project Pica
since 20242.366.388.937
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3958/00T000 | Flanders | 449 m² | 1 · 438 m² | 20.1 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
SWEETCORN
BE 0828.157.690
Tongeren-Borgloon · Eq €427
Centre de Formation 2mille
BE 0433.424.902
Sint-Gillis (bij-Brussel) · Eq €426
THEAPP
BE 0800.170.717
Braine-l'Alleud · Eq €469
DOBSON EN DOBSON CONSULTING
BE 0465.844.775
Lommel · Eq €384
N-Ventures
BE 0675.702.592
Antwerpen · Eq €544
Of 2,725 companies in sector 63100 we hold annual accounts for 1,271. 60 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63920Other information service activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.