PROJECT ST-JACOB
Dissolution or liquidationThe KBO register records for PROJECT ST-JACOB the legal situation: dissolution or liquidation (code 012); this is today's state according to the register itself, which carries no start date. The 2025 annual accounts show equity of €233k and a net result of €-58k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-58k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
50 d early
2024
24 d early
2023
6 d early
2022
24 d early
2021
19 d early
2020
43 d early
2019
21 d early
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€233k▼ 20.0%
2024 · €291k
2019: €65k
2020: €253k
2021: €342k
2022: €228k
2023: €312k
2024: €291k
2019 → 2025
Total assets
€251k▼ 70.8%
2024 · €860k
2019: €1.08M
2020: €2.75M
2021: €3.79M
2022: €3.27M
2023: €1.96M
2024: €860k
2019 → 2025
Net result
€-58k▼ 174%
2024 · €-21k
2019: €3k
2020: €188k
2021: €90k
2022: €-114k
2023: €84k
2024: €-21k
2019 → 2025
Working capital
€243k▼ 71.1%
2024 · €841k
2019: €465k
2020: €653k
2021: €742k
2022: €828k
2023: €1.06M
2024: €841k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€342k-€228k▼ 33.3%€312k▲ 36.6%€291k▼ 6.8%€233k▼ 20.0%
Operating result€156k-€-74k€155k€-17k€-57k▼ 242%
Net result€90k-€-114k€84k€-21k€-58k▼ 174%
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 stays negative: a loss of €57k in 2025 against €17k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €251k
Equity
€233k▼ 20.0%
Provisions
€10k
Debt
€8k▼ 98.5%
The debt ratio falls from 66.2% to 3.4%. Equity and debt are lower.
Key figures and ratios
Solvency
92.7%▲
2024 · 33.8%
Current ratio
29.82▼
2024 · 45.19
Quick ratio
29.82▲
2024 · 1.54
Debt / equity
0.04▼
2024 · 1.96
ROE
-25.0%▼
2024 · -7.3%
ROA
-23.1%▼
2024 · -2.5%
Debt
€8k▼
2024 · €569k
Debt ≤ 1 year
€8k▼
2024 · €19k
Debt > 1 year
€0▼
2024 · €550k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€860k€251k▼
Current assets29/58€860k€251k▼
Stocks and contracts in progress3€830k€0▼
Stocks30/36€830k€0▼
Amounts receivable within one year40/41€1k€3k▲
Trade receivables40€582€2k▲
Other amounts receivable41€664€1k▲
Cash at bank and in hand54/58€22k€248k▲
Deferred charges and accrued income490/1€6k€0▼
Equity and liabilities
Total equity and liabilities10/49€860k€251k▼
Equity10/15€291k€233k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€277k€277k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€271k€271k=
Profit (loss) carried forward14€-48k€-106k▼
Provisions and deferred taxes16-€10k
Provisions for liabilities and charges160/5-€10k
Environmental obligations163-€10k
Amounts payable17/49€569k€8k▼
Amounts payable after more than one year17€550k€0▼
Other amounts payable178/9€550k€0▼
Amounts payable within one year42/48€19k€8k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€19k€8k▼
Suppliers440/4€19k€8k▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€104€0▼
Income statement
Code20242025
Provisions for liabilities and charges: additions (uses and reversals)635/8-€10k
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A-€1k
Gross operating margin9900€-16k€-45k▼
Operating profit (loss)9901€-17k€-57k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€4k€819▼
Recurring financial charges65€4k€819▼
Profit (loss) for the period before taxes9903€-21k€-58k▼
Profit (loss) for the period9904€-21k€-58k▼
Profit (loss) for the period to be appropriated9905€-21k€-58k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-48k€-106k▼
Profit (loss) brought forward from the previous period14P€-27k€-48k▼
Social balance
Average headcount (FTE)9087-0.0
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
Next filing, fiscal year 2026, expected by
2026
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity times 21current ratio 45.19
Current ratio from 2.19 to 45.19; short-term debt falls from €894k to €19k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €84k
Net result €84k after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-114k ▼227%
Net result drops to €-114k, the lowest in the series.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €188k ▲5417%
Operating result €316k, net result €188k, both a record.
31-12
Financial
Equity above €200kEq €253k ▲289%
2 profitable years in a row build equity to €253k.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2021
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
21-05-2021
Resigned as Director
Location & real-estate footprint
Registered office, Kortemark · 1 establishment unit since 2018
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.
Kronevoordestraat 28610 KortemarkGround area
2,005 m²
Building footprint
302 m²
Volume, LiDAR
2,644 m³
Parcel 32005C0352/00F000, Flanders · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PROJECT ST-JACOB
since 20182.283.569.248
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32005C0352/00F000 | Flanders | 2,005 m² | 1 · 302 m² | 13.0 m · 3 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.
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Of 29,803 companies in sector 41001 we hold annual accounts for 16,040. 11,701 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded13-12-2018
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.