Project-XXL
ActiveProject-XXL has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €1k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 54% of 18120 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▼-39
Solvency64▲+11
Growth52▼-6
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.72 against 1.41 in 2024; short-term debt: 58.1% and cash: 40.3% of total assets), but 60.6% 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+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
39.4%
Return on assets
2.1%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €20k
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 06-07-2026, 25 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
25 d early
2024
27 d early
2023
37 d early
2022
105 d early
2021
9 d late
2020
11 d late
2019
60 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€20k▲ 5.8%
2024 · €19k
2018: €20k
2019: €19k
2020: €12k
2021: €12k
2022: €13k
2023: €9k
2024: €19k
2018 → 2025
Total assets
€51k▼ 25.0%
2024 · €68k
2018: €25k
2019: €23k
2020: €13k
2021: €12k
2022: €14k
2023: €46k
2024: €68k
2018 → 2025
Net result
€1k▼ 96.2%
2024 · €29k
2018: €1k
2019: €-800
2020: €-7k
2021: €-909
2022: €1k
2023: €-3k
2024: €29k
2018 → 2025
Working capital
€21k▲ 8.0%
2024 · €20k
2018: €18k
2019: €18k
2020: €11k
2021: €11k
2022: €14k
2023: €9k
2024: €20k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€12k-€13k▲ 9.4%€9k▼ 26.1%€19k▲ 102%€20k▲ 5.8%
Operating result€-706-€1k€-2k€34k€2k▼ 94.7%
Net result€-909-€1k€-3k€29k€1k▼ 96.2%
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 falls in 2025; 2025 is 95% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €51k
Equity
€20k▲ 5.8%
Debt
€31k▼ 36.9%
The debt ratio falls from 72.0% to 60.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2k▼
2024 · €36k
Cash flow
€2k▼
2024 · €30k
Solvency
39.4%▲
2024 · 28.0%
Current ratio
1.72▲
2024 · 1.41
Quick ratio
1.72▲
2024 · 1.41
Debt / equity
1.54▼
2024 · 2.58
ROE
5.4%▼
2024 · 151.0%
ROA
2.1%▼
2024 · 42.2%
Interest coverage
4.72▼
2024 · 54.01
Debt
€31k▼
2024 · €49k
Debt ≤ 1 year
€29k▼
2024 · €47k
Income taxes
€660▼
2024 · €6k
Staff costs
€120k▲
2024 · €114k
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€68k€51k▼
Fixed assets21/28€490-
Tangible fixed assets22/27€490-
Furniture and vehicles24€490-
Current assets29/58€67k€51k▼
Amounts receivable within one year40/41€42k€29k▼
Trade receivables40€28k€29k▲
Other amounts receivable41€14k€208▼
Cash at bank and in hand54/58€24k€20k▼
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€68k€51k▼
Equity10/15€19k€20k▲
Contributions10/11€19k€19k=
Reserves13€289€1k▲
Distributable reserves133€289€1k▲
Amounts payable17/49€49k€31k▼
Amounts payable within one year42/48€47k€29k▼
Trade debts44€66€1k▲
Suppliers440/4€66€1k▲
Taxes, remuneration and social security45€28k€28k▼
Taxes450/3€16k€16k▼
Remuneration and social security454/9€12k€12k▼
Other amounts payable47/48€19k-
Accrued charges and deferred income492/3€1k€1k=
Income statement
Code20242025
Remuneration, social security and pensions62€114k€120k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€490▼
Other operating charges640/8€339€1k▲
Gross operating margin9900€150k€123k▼
Operating profit (loss)9901€34k€2k▼
Financial income75/76B€671€410▼
Recurring financial income75€671€410▼
Financial charges65/66B€659€491▼
Recurring financial charges65€659€491▼
Profit (loss) for the period before taxes9903€34k€2k▼
Income taxes67/77€6k€660▼
Profit (loss) for the period9904€29k€1k▼
Profit (loss) for the period to be appropriated9905€29k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€1k▼
Profit (loss) brought forward from the previous period14P€-9k-
Transfer to equity691/2€289€1k▲
To other reserves6921€289€1k▲
Profit to be distributed694/7€19k-
Return on contributions (dividend)694€19k-
The notes to these accounts (5 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
17-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €1k
Net result €1k after 3 loss-making years.
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 9 days late
2021
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 20current ratio 154.72
Current ratio from 7.64 to 154.72; short-term debt falls from €3k to €73.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 60 days late
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Heist-op-den-Berg · 2 establishment units since 2017
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.
Biekorfstraat 152220 Heist-op-den-BergGround area
3,144 m²
Building footprint
1,649 m²
Volume, LiDAR
9,233 m³
2 parcels, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
VERITAS
since 20172.261.138.987
VERITAS
since 20232.345.770.695
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24014C0109/00D002 | Flanders | 1,878 m² | 1 · 1,391 m² | 7.1 m · 2 fl. |
| 12322I0276/00P000 | Flanders | 1,266 m² | 1 · 258 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Similar companies · same sector, comparable size
Beauty Full Stories
BE 0731.965.760
Aalst · Eq €20k
STUDIO GP-BELGIUM
BE 0885.695.518
Wavre · Eq €19k
Virginie Gehot
BE 1017.874.646
Brussel · Eq €19k
Marie Lou
BE 1006.528.715
Bornem · Eq €21k
CONCEPT DISTRIBUTION
BE 0638.784.293
Waterloo · Eq €22k
Of 657 companies in sector 47715 we hold annual accounts for 187. 145 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-01-2017
Fiscal year end31-12
Activities, NACEBEL
47513Retail trade
47715Retail trade
47519Retail trade
47714Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47722Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.