PROJECTA
ActiveSummary
PROJECTA has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69,503 and a net result of -€43,514. Equity is growing by about 19% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.6% (low).
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00477492.
Turnover
≈ €310,000
Estimated: probably between €190,000 and €580,000
Total assets
€9.7m▼ 0.6%
2024 · €9.7m
Net result
-€43,514
2024 · €9,537
Working capital
-€3.5m▲ 1.8%
2024 · -€3.5m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 7.5 times 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.1m
2025
Net result-€0.04m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€9.7m
2025
Equity€0.07m
2025
Debt€9.6m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€3.5m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.01m-€0.02m▲ 81.3%€0.02m▼ 12.4%€0.02m▼ 12.3%€0.01m▼ 10.2%€0.02m▲ 75.3%€0.01m▼ 40.9%€0.1m▲ 651%
Net result€0.006m-€0.02m▲ 146%€0.01m▼ 6.2%€0.01m▼ 21.4%€0.01m▲ 3.0%€0.02m▲ 69.7%€0.01m▼ 53.2%-€0.04m
Equity€0.03m-€0.04m▲ 55.0%€0.06m▲ 33.3%€0.07m▲ 19.6%€0.08m▲ 16.9%€0.1m▲ 24.5%€0.1m▲ 9.2%€0.07m▼ 38.5%
Total assets€0.1m-€0.1m▲ 12.8%€0.1m▲ 14.8%€0.09m▼ 33.3%€0.1m▲ 10.9%€0.1m▲ 7.3%€9.7m▲ 89×€9.7m▼ 0.6%
Debt€0.08m-€0.07m▼ 3.0%€0.08m▲ 3.8%€0.02m▼ 73.9%€0.02m▼ 10.2%€0.005m▼ 71.3%€9.6m▲ 1,845×€9.6m▼ 0.2%
Working capital€0.03m-€0.05m▲ 77.0%€0.003m▼ 94.5%€0.006m▲ 101%€0.01m▲ 124%€0.03m▲ 138%-€3.5m-€3.5m▲ 1.8%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.7m
Fixed assets
€9.6m ▼ 0.1%
Current assets
€7,830 ▼ 86.4%
Equity and liabilities €9.7m
Equity
€69,503 ▼ 38.5%
Debt
€9.6m ▼ 0.2%
Debt's share of the balance-sheet total rises from 98.8% to 99.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€116,824▲
2024 · €27,773
Cash flow
-€32,048▼
2024 · €23,279
Current ratio
0.00▼
2024 · 0.02
ROE
-62.6%▼
2024 · 8.4%
ROA
-0.5%▼
2024 · 0.1%
Interest coverage
0.78▼
2024 · 39.10
Debt ≤ 1 year
€3.5m▼
2024 · €3.6m
Debt > 1 year
€6.0m=
2024 · €6.0m
A ratio outside any meaningful range has been withheld (balance sheet total €9.7m, equity €69,503).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,899 | €9,641 | €9,771 | €12,721 | €12,936 | €13,532 | €13,742 | €11,466 | ▼ 16.6% |
| Other operating charges640/8 | - | - | - | €4,155 | €4,347 | €3,990 | €4,157 | €4,713 | ▲ 13.4% |
| Gross operating margin9900 | €32,253 | €32,227 | €32,597 | €31,965 | €30,832 | €41,276 | €31,930 | €121,538 | ▲ 281% |
| Operating profit (loss)9901 | €10,838 | €19,647 | €17,214 | €15,089 | €13,549 | €23,753 | €14,031 | €105,358 | ▲ 651% |
| Financial income75/76B | - | - | - | - | - | - | - | €1,538 | - |
| Recurring financial income75 | €0 | - | €0 | - | - | - | - | €312 | - |
| Non-recurring financial income76B | - | - | - | - | - | - | - | €1,226 | - |
| Financial charges65/66B | - | - | - | €3,080 | €1,190 | €497 | €710 | €150,411 | ▲ 212× |
| Recurring financial charges65 | €3,987 | €3,445 | €2,028 | €3,080 | €1,190 | €497 | €710 | €150,411 | ▲ 212× |
| Profit (loss) for the period before taxes9903 | €6,851 | €16,202 | €15,186 | €12,009 | €12,359 | €23,256 | €13,321 | -€43,514 | - |
| Income taxes67/77 | €411 | €387 | €345 | €344 | €347 | €2,873 | €3,784 | - | - |
| Profit (loss) for the period9904 | €6,440 | €15,814 | €14,842 | €11,665 | €12,012 | €20,383 | €9,537 | -€43,514 | - |
| Profit (loss) for the period to be appropriated9905 | €6,440 | €15,814 | €14,842 | €11,665 | €12,012 | €20,383 | €9,537 | -€43,514 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.1m | €0.1m | €0.1m | €0.09m | €0.1m | €0.1m | €9.7m | €9.7m | ▼ 0.6% |
| Fixed assets21/28 | €0.06m | €0.05m | €0.06m | €0.07m | €0.07m | €0.07m | €9.7m | €9.6m | ▼ 0.1% |
| Tangible fixed assets22/27 | €0.06m | €0.05m | €0.06m | €0.07m | €0.07m | €0.07m | €0.06m | €0.05m | ▼ 19.0% |
| Land and buildings22 | - | - | - | €0.07m | €0.07m | €0.07m | €0.06m | €0.05m | ▼ 19.0% |
| Financial fixed assets28 | - | - | - | - | - | - | €9.6m | €9.6m | = |
| Current assets29/58 | €0.04m | €0.06m | €0.07m | €0.02m | €0.03m | €0.03m | €0.06m | €0.008m | ▼ 86.4% |
| Amounts receivable within one year40/41 | €0.003m | €0.003m | €0.004m | €0.004m | €0.001m | €0.001m | - | €0.001m | - |
| Trade receivables40 | - | - | - | €300 | - | - | - | €0.001m | - |
| Other amounts receivable41 | - | - | - | €0.003m | €0.001m | €0.001m | - | - | - |
| Cash at bank and in hand54/58 | €0.04m | €0.06m | €0.07m | €0.02m | €0.03m | €0.03m | €0.06m | €0.005m | ▼ 90.4% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.1m | €0.1m | €0.1m | €0.09m | €0.1m | €0.1m | €9.7m | €9.7m | ▼ 0.6% |
| Equity10/15 | €0.03m | €0.04m | €0.06m | €0.07m | €0.08m | €0.1m | €0.1m | €0.07m | ▼ 38.5% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | = |
| Non-distributable reserves130/1 | - | - | - | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves not available under the articles1311 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Profit (loss) carried forward14 | -€0.04m | -€0.02m | -€0.01m | €0.002m | €0.01m | €0.03m | €0.04m | €182 | ▼ 99.6% |
| Amounts payable17/49 | €0.08m | €0.07m | €0.08m | €0.02m | €0.02m | €0.005m | €9.6m | €9.6m | ▼ 0.2% |
| Amounts payable after more than one year17 | €0.06m | €0.06m | €0.007m | €0.004m | €0.001m | - | €6.0m | €6.0m | = |
| Financial debts170/4 | - | - | - | €0.004m | €0.001m | - | €6.0m | €6.0m | = |
| Amounts payable within one year42/48 | €0.02m | €0.02m | €0.07m | €0.02m | €0.02m | €0.005m | €3.6m | €3.5m | ▼ 3.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.003m | €0.003m | €0.001m | - | - | - |
| Trade debts44 | - | - | €0.004m | €107 | €0.01m | €273 | €0.001m | €0.006m | ▲ 791% |
| Suppliers440/4 | - | - | - | €107 | €0.01m | €273 | €0.001m | €0.006m | ▲ 791% |
| Taxes, remuneration and social security45 | - | - | - | €344 | €347 | €0.003m | €0.004m | €3.5m | ▲ 921× |
| Taxes450/3 | - | - | - | €344 | €347 | €0.003m | €0.004m | - | - |
| Remuneration and social security454/9 | - | - | - | - | - | - | - | €3.5m | - |
| Other amounts payable47/48 | - | - | - | €0.01m | - | €0.001m | €3.6m | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | - | €0.1m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.006m | €0.02m | €0.01m | €0.01m | €0.01m | €0.02m | €0.01m | -€0.04m | - |
| + Depreciation and write-downs630 | €0.02m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | ▼ 16.6% |
| Operating cash flow (approximation) | €0.02m | €0.03m | €0.02m | €0.02m | €0.02m | €0.03m | €0.02m | -€0.03m | - |
| Investment in fixed assets (approximation) | - | -€0.001m | -€0.02m | -€0.02m | -€0.02m | -€0.02m | -€9.6m | €0 | - |
| Change in cash | - | €0.02m | €0.008m | -€0.05m | €0.01m | €0.005m | €0.02m | -€0.05m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 49 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00477492 |
| 31-12-2024 | micro format | 23-09-2025 | 2025-00499973 |
| 31-12-2023 | micro format | 28-08-2024 | 2024-00386344 |
| 31-12-2022 | micro format | 22-08-2023 | 2023-00341452 |
| 31-12-2021 | micro format | 05-09-2022 | 2022-20414186 |
| 31-12-2020 | micro format | 16-08-2021 | 2021-48900090 |
| 31-12-2019 | micro format | 12-09-2020 | 2020-52900016 |
| 31-12-2018 | micro format | 10-07-2019 | 2019-31400534 |
| 31-12-2017 | micro format | 23-07-2018 | 2018-36700105 |
| 31-12-2016 | micro format | 30-08-2017 | 2017-55600168 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.