Project solution Construct
The computed 12-month bankruptcy probability of Project solution Construct is 4.6% (elevated). The 2024 annual accounts show negative equity (€-18k) and a net result of €-18k. Its solvency ranks better than 5% of 3811 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-18k |
| Net result | €-18k |
| Better than sector | 5% |
| Active | 3 yrs |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -42.3% | 39.4% | |
| Net result | €-18k | €10k | |
| Equity | €-18k | €29k | |
| Gross operating margin | €-16k | €26k | |
| Staff costs | €365 | €16k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-17k |
| Net profit | €-18k |
| Cash flow | €-17k |
| Staff costs | €365 |
| Income taxes | - |
| Dividends | - |
| Total assets | €42k |
| Equity | €-18k |
| Debt | €60k |
| of which ≤ 1y | €60k |
| of which > 1y | - |
| Working capital | €-21k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.65 |
| Quick ratio | 0.65 |
| Working capital ratio | -49.8% |
| Solvency | -42.3% |
| Debt / equity | -3.36 |
| Long-term debt ratio | - |
| Interest coverage | -306.47 |
| Gross margin | - |
| Net margin | - |
| ROA | -41.7% |
| ROE | 98.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €42k |
| Fixed assets | 21/28 | €3k |
| Tangible fixed assets | 22/27 | €3k |
| Current assets | 29/58 | €39k |
| Amounts receivable within one year | 40/41 | €33k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €42k |
| Equity | 10/15 | €-18k |
| Contributions / capital | 10/11 | €1k |
| Accumulated profits (losses) | 14 | €-19k |
| Amounts payable | 17/49 | €60k |
| Amounts payable within one year | 42/48 | €60k |
| Trade debts payable within one year | 44 | €53k |
| Income statement | ||
| Gross operating margin | 9900 | €-16k |
| Operating result | 9901 | €-17k |
| Financial charges | 65 | €54 |
| Result before taxes | 9903 | €-18k |
| Net result for the period | 9904 | €-18k |
| Result to be appropriated | 9905 | €-18k |
| NACE primary | Construction of buildings(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 16-02-2023 |
| Status | Active |
| Postal code | 1500 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23412I0123/00N003 | Flanders | 711 m² | 1 · 176 m² | 8.6 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
23-09-2024 1 director appointed, 1 resigning correction
- Kenny De Vlamynck, Bestuurder
- Asan Erdovan, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Asan Erdovan",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "rechtzetting",
"subkind": "rectification",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering aanvaardt met eenparigheid van stemmen het ontslag van de vennoot, de heer Asan Erdovan.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Kenny De Vlamynck",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "successor_conditional",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2024-01-01",
"evidence_quote": "De algemene vergadering aanvaardt met eenparigheid active partner de heer Kenny De Vlamynck om dat 15% aandelen vanaf 1 januari.",
"decharge_status": null,
"mandate_duration": {
"kind": "until_agm_year",
"value": "2031"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "future"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Brussel",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2024-09-13",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-09-11",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-09-11",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-09-11",
"unanimous": true
}
],
"is_correction": true,
"subject_company": {
"kbo": "0798.544.283",
"name_full": "Project Solution Construct",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0798.544.283",
"org_name": "Project Solution Construct",
"person_name": null,
"org_rep_person_name": "Patrick De Vlamynck",
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Project solution Construct |