Project Point
ActiveSummary
Project Point has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€27,941) and a net result of €58,973. Equity is shrinking by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 6% of 9268 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+57
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.54 against 0.51 in 2024; short-term debt: 139.7% and cash: 5.5% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
-39.7%
Return on assets
83.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 9268 sector peers (2025).
NBB · sector comparisonPosition among 9268 sector peers
Solvency
better than 6%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 6 filingsDeviation from the deadline
2025
25 d late
2024
21 d late
2023
23 d late
2022
21 d late
2021
23 d late
2020
20 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 22 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
-€27,941▲ 67.9%
2024 · -€86,914
Total assets
€70,304▼ 47.5%
2024 · €134,026
Net result
€58,973▲ 1,481%
2024 · €3,730
Working capital
-€44,833▲ 57.9%
2024 · -€106,569
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€50,640▼ 51.1%-€21,028▲ 58.5%-€13,345▲ 36.5%€19,145€80,024▲ 318%
Net result-€48,133▼ 82.4%-€17,725▲ 63.2%-€4,403▲ 75.2%€3,730€58,973▲ 1,481%
Equity-€68,516▼ 236%-€86,241▼ 25.9%-€90,644▼ 5.1%-€86,914▲ 4.1%-€27,941▲ 67.9%
Total assets€20,320▼ 31.1%€40,417▲ 98.9%€322,395▲ 698%€134,026▼ 58.4%€70,304▼ 47.5%
Debt€88,836▲ 78.2%€126,658▲ 42.6%€413,039▲ 226%€220,940▼ 46.5%€98,244▼ 55.5%
Working capital-€76,895▼ 207%-€108,306▼ 40.8%€65,880-€106,569-€44,833▲ 57.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 318% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €70,304
Fixed assets
€16,892 ▼ 31.0%
Current assets
€53,411 ▼ 51.2%
Key figures and ratios
EBITDA
€89,187▲
2024 · €28,155
Cash flow
€68,137▲
2024 · €12,740
Solvency
-39.7%▲
2024 · -64.8%
Current ratio
0.54▲
2024 · 0.51
Debt to equity
-3.52▼
2024 · -2.54
ROA
83.9%▲
2024 · 2.8%
Interest coverage
24.37▲
2024 · 2.52
Debt ≤ 1 year
€98,244▼
2024 · €216,130
Income taxes
€17,390▲
2024 · €238
Staff costs
€4,494▲
2024 · €4,155
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €4,155 | €4,335 | €4,553 | €4,155 | €4,494 | ▲ 8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,529 | €2,999 | €4,239 | €9,010 | €9,163 | ▲ 1.7% |
| Other operating charges640/8 | €557 | €769 | €883 | €4,341 | €4,077 | ▼ 6.1% |
| Gross operating margin9900 | -€44,399 | -€12,925 | -€3,670 | €36,651 | €97,758 | ▲ 167% |
| Operating profit (loss)9901 | -€50,640 | -€21,028 | -€13,345 | €19,145 | €80,024 | ▲ 318% |
| Financial income75/76B | €3,600 | €4,492 | €13,418 | €11 | €0 | ▼ 99.7% |
| Recurring financial income75 | €3,600 | €1 | €1 | €11 | €0 | ▼ 99.7% |
| Non-recurring financial income76B | €3,600 | €4,491 | €13,417 | - | - | - |
| Financial charges65/66B | €910 | €1,190 | €4,215 | €15,189 | €3,660 | ▼ 75.9% |
| Recurring financial charges65 | €910 | €1,190 | €4,215 | €11,159 | €3,660 | ▼ 67.2% |
| Non-recurring financial charges66B | - | - | - | €4,030 | - | - |
| Profit (loss) for the period before taxes9903 | -€47,950 | -€17,725 | -€4,142 | €3,968 | €76,364 | ▲ 1,824% |
| Income taxes67/77 | €183 | - | €261 | €238 | €17,390 | ▲ 7,217% |
| Profit (loss) for the period9904 | -€48,133 | -€17,725 | -€4,403 | €3,730 | €58,973 | ▲ 1,481% |
| Profit (loss) for the period to be appropriated9905 | -€48,133 | -€17,725 | -€4,403 | €3,730 | €58,973 | ▲ 1,481% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €20,320 | €40,417 | €322,395 | €134,026 | €70,304 | ▼ 47.5% |
| Fixed assets21/28 | €13,635 | €22,065 | €33,095 | €24,465 | €16,892 | ▼ 31.0% |
| Tangible fixed assets22/27 | €13,635 | €22,065 | €33,095 | €24,465 | €16,892 | ▼ 31.0% |
| Plant, machinery and equipment23 | - | - | - | - | €1,458 | - |
| Furniture and vehicles24 | €13,635 | €22,065 | €33,095 | €24,465 | €15,434 | ▼ 36.9% |
| Current assets29/58 | €6,685 | €18,352 | €289,300 | €109,561 | €53,411 | ▼ 51.2% |
| Stocks and contracts in progress3 | - | €15,300 | €258,815 | - | - | - |
| Stocks30/36 | - | - | €258,815 | - | - | - |
| Contracts in progress37 | - | €15,300 | - | - | - | - |
| Amounts receivable within one year40/41 | - | - | €6,050 | €16,940 | €48,993 | ▲ 189% |
| Trade receivables40 | - | - | €6,050 | €16,940 | €48,993 | ▲ 189% |
| Cash at bank and in hand54/58 | €4,376 | €274 | €22,459 | €91,764 | €3,847 | ▼ 95.8% |
| Deferred charges and accrued income490/1 | €2,309 | €2,778 | €1,977 | €857 | €572 | ▼ 33.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €20,320 | €40,417 | €322,395 | €134,026 | €70,304 | ▼ 47.5% |
| Equity10/15 | -€68,516 | -€86,241 | -€90,644 | -€86,914 | -€27,941 | ▲ 67.9% |
| Contributions10/11 | €6,000 | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Reserves13 | - | - | - | - | €58,973 | - |
| Distributable reserves133 | - | - | - | - | €58,973 | - |
| Profit (loss) carried forward14 | -€74,516 | -€92,241 | -€96,644 | -€92,914 | -€92,914 | = |
| Amounts payable17/49 | €88,836 | €126,658 | €413,039 | €220,940 | €98,244 | ▼ 55.5% |
| Amounts payable after more than one year17 | €5,256 | - | €189,619 | €4,810 | - | - |
| Financial debts170/4 | €5,256 | - | €189,619 | €4,810 | - | - |
| Amounts payable within one year42/48 | €83,580 | €126,658 | €223,420 | €216,130 | €98,244 | ▼ 54.5% |
| Current portion of amounts payable after more than one year42 | €5,256 | €5,256 | €39,810 | €4,810 | €4,810 | = |
| Financial debts43 | - | €4,759 | - | - | €4,366 | - |
| Credit institutions430/8 | - | €4,759 | - | - | €4,366 | - |
| Trade debts44 | €19,100 | €31,716 | €12,915 | €9,052 | €2,724 | ▼ 69.9% |
| Suppliers440/4 | €19,100 | €31,716 | €12,915 | €9,052 | €2,724 | ▼ 69.9% |
| Taxes, remuneration and social security45 | €9,027 | €8,920 | €8,707 | €75,665 | €46,519 | ▼ 38.5% |
| Taxes450/3 | €9,027 | €7,770 | €8,707 | €75,665 | €46,519 | ▼ 38.5% |
| Remuneration and social security454/9 | - | €1,150 | - | - | - | - |
| Other amounts payable47/48 | €50,197 | €76,007 | €161,988 | €126,604 | €39,826 | ▼ 68.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€48,133 | -€17,725 | -€4,403 | €3,730 | €58,973 | ▲ 1,481% |
| + Depreciation and write-downs630 | €1,529 | €2,999 | €4,239 | €9,010 | €9,163 | ▲ 1.7% |
| Operating cash flow (approximation) | -€46,604 | -€14,727 | -€164 | €12,740 | €68,137 | ▲ 435% |
| Investment in fixed assets (approximation) | - | -€11,428 | -€15,269 | -€379 | -€1,591 | ▼ 319% |
| Change in cash | - | -€4,102 | €22,184 | €69,305 | -€87,917 | ▼ 227% |
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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
31-12
Financial
Highest result since 2020net €58,973 ▲1,481%
Operating result €80,024, net result €58,973, both a record.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 21 days late
2024
31-12
Financial
Back to profitnet €3,730
Net result €3,730 after 4 loss-making years.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
31-12
Financial
Liquidity times 9current ratio 1.29
Current ratio from 0.14 to 1.29.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 21 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 23 days late
2021
31-12
Financial
Weakest financial yearnet -€48,133
Net result drops to -€48,133, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Tessenderlo-Ham · 1 establishment unit since 2020
Ground area
1,366 m²
Building footprint
153 m²
Volume, LiDAR
1,036 m³
Parcel 71046A0309/00E000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Project Point
since 20202.299.958.981
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71046A0309/00E000 | Flanders | 1,366 m² | 1 · 153 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 8,418 EUR awarded · 8,418 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 3,927 EUR | 3,927 EUR |
| 2022 | 1 | 4,491 EUR | 4,491 EUR |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,699 companies in sector 68121 we hold annual accounts for 7,384. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
Scores and ratios are computed by Checked and are not a credit decision.