Project U/Turn
ActiveProject U/Turn has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €3k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 86% of 2267 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
85
/ 100
Excellent▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-21
Solvency100▲+1
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 4.07 against 2.81 in 2024), and 24.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
75.4%
Return on assets
11.9%
Age of the figures
9 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €19k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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 · 10 filingsDeviation from the deadline
2025
17 d late
2024
20 d late
2023
22 d late
2022
30 d late
2021
30 d late
2020
40 d late
2019
28 d late
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▲ 18.7%
2024 · €16k
2018: €13k
2019: €15k
2020: €16k
2021: €13k
2022: €11k
2023: €9k
2024: €16k
2018 → 2025
Total assets
€25k▲ 1.3%
2024 · €24k
2018: €18k
2019: €25k
2020: €22k
2021: €28k
2022: €23k
2023: €11k
2024: €24k
2018 → 2025
Net result
€3k▼ 56.6%
2024 · €7k
2018: €7k
2019: €3k
2020: €516
2021: €-3k
2022: €-2k
2023: €-2k
2024: €7k
2018 → 2025
Working capital
€19k▲ 18.7%
2024 · €16k
2018: €13k
2019: €15k
2020: €16k
2021: €13k
2022: €11k
2023: €9k
2024: €16k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€11k▼ 18.7%€9k▼ 15.1%€16k▲ 75.5%€19k▲ 18.7%
Operating result€-3k-€-2k▲ 9.4%€-2k▲ 33.7%€7k€4k▼ 48.7%
Net result€-3k-€-2k▲ 9.4%€-2k▲ 34.6%€7k€3k▼ 56.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 49% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €25k
Equity
€19k▲ 18.7%
Debt
€6k▼ 30.1%
The debt ratio falls from 35.6% to 24.6%: equity grows while debt is paid down.
Key figures and ratios
Solvency
75.4%▲
2024 · 64.4%
Current ratio
4.07▲
2024 · 2.81
Quick ratio
4.07▲
2024 · 2.81
Debt / equity
0.33▼
2024 · 0.55
ROE
15.7%▼
2024 · 43.0%
ROA
11.9%▼
2024 · 27.7%
Debt
€6k▼
2024 · €9k
Debt ≤ 1 year
€6k▼
2024 · €9k
Income taxes
€938▲
2024 · €677
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€24k€25k▲
Current assets29/58€24k€25k▲
Cash at bank and in hand54/58€24k€25k▲
Equity and liabilities
Total equity and liabilities10/49€24k€25k▲
Equity10/15€16k€19k▲
Contributions10/11€6k€6k=
Reserves13€9k€12k▲
Distributable reserves133€9k€12k▲
Profit (loss) carried forward14€906€906=
Amounts payable17/49€9k€6k▼
Amounts payable within one year42/48€9k€6k▼
Trade debts44-€666
Suppliers440/4-€666
Taxes, remuneration and social security45€1k€1k▲
Taxes450/3€1k€1k▲
Other amounts payable47/48€8k€4k▼
Income statement
Code20242025
Other operating charges640/8€387€400▲
Gross operating margin9900€8k€4k▼
Operating profit (loss)9901€7k€4k▼
Financial income75/76B€39€78▲
Recurring financial income75€39€78▲
Profit (loss) for the period before taxes9903€7k€4k▼
Income taxes67/77€677€938▲
Profit (loss) for the period9904€7k€3k▼
Profit (loss) for the period to be appropriated9905€7k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€4k▼
Profit (loss) brought forward from the previous period14P€906€906=
Transfer to equity691/2€7k€3k▼
To other reserves6921€7k€3k▼
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
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-12
Financial
Back to profitnet €7k
Net result €7k after 3 loss-making years.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 5.41
Current ratio from 1.82 to 5.41; short-term debt falls from €13k to €2k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €-3k ▼620%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 40 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Wuustwezel · 1 establishment unit since 2012
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.
Wiezelo 102990 WuustwezelGround area
575 m²
Building footprint
161 m²
Volume, LiDAR
737 m³
Parcel 11682G0414/00D004, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Project U/Turn
since 20122.214.416.562
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11682G0414/00D004 | Flanders | 575 m² | 1 · 161 m² | 6.3 m · 2 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 3,866 companies in sector 93199 we hold annual accounts for 602. 406 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-08-2012
Fiscal year end31-12
Activities, NACEBEL
93199Other sports activities
85599Other education
90029Arts creation and performing arts activities
90399Other support activities for arts and performing arts
93110Operation of sports facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.