PROJECTGROND
ActivePROJECTGROND has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.29M and a net result of €-105k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 39% of 4533 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability22▼-4
Solvency51▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity short (current ratio 0.83 against 0.86 in 2024; short-term debt: 73.7% and cash: 1.5% of total assets), and 73.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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
26.3%
Return on assets
-2.1%
Age of the figures
9 mo
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
1819202122232425
2018 to 2025 · latest year €-105k
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
36 d early
2023
37 d early
2022
35 d early
2021
19 d early
2020
22 d early
2019
23 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-105k▲ 0.1%
2024 · €-105k
2018: €-46k
2019: €1.17M
2020: €-1.43M
2021: €381k
2022: €93k
2023: €1.24M
2024: €-105k
2018 → 2025
Working capital
€-627k▼ 4.9%
2024 · €-598k
2018: €51k
2019: €150k
2020: €52k
2021: €-2.04M
2022: €-1.85M
2023: €-569k
2024: €-598k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€172k-€265k▲ 53.9%€1.50M▲ 466%€1.40M▼ 7.0%€1.29M▼ 7.5%
Operating result€511k-€224k▼ 56.2%€1.76M▲ 688%€-28k€4k
Net result€381k-€93k▼ 75.6%€1.24M▲ 1,231%€-105k€-105k▲ 0.1%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €4k after a loss of €28k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.92M
Fixed assets
€1.92M▼ 3.9%
Current assets
€3.00M▼ 17.2%
Equity and liabilities €4.92M
Equity
€1.29M▼ 7.5%
Debt
€3.63M▼ 14.1%
The debt ratio falls from 75.1% to 73.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€82k▼
2024 · €104k
Cash flow
€-27k▼
2024 · €27k
Solvency
26.3%▲
2024 · 24.9%
Current ratio
0.83▼
2024 · 0.86
Quick ratio
0.31▼
2024 · 0.39
Debt / equity
2.81▼
2024 · 3.02
ROE
-8.1%▼
2024 · -7.5%
ROA
-2.1%▼
2024 · -1.9%
Interest coverage
0.71▼
2024 · 1.21
Debt
€3.63M▼
2024 · €4.22M
Debt ≤ 1 year
€3.63M▼
2024 · €4.22M
Income taxes
€-108▼
2024 · €0
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€5.62M€4.92M▼
Fixed assets21/28€2.00M€1.92M▼
Tangible fixed assets22/27€2.00M€1.92M▼
Land and buildings22€2.00M€1.92M▼
Current assets29/58€3.62M€3.00M▼
Stocks and contracts in progress3€1.96M€1.88M▼
Stocks30/36€1.96M€1.88M▼
Amounts receivable within one year40/41€1.52M€1.04M▼
Trade receivables40€139k€140k▲
Other amounts receivable41€1.38M€901k▼
Cash at bank and in hand54/58€121k€74k▼
Deferred charges and accrued income490/1€23k€316▼
Equity and liabilities
Total equity and liabilities10/49€5.62M€4.92M▼
Equity10/15€1.40M€1.29M▼
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€64k€64k=
Non-distributable reserves130/1€64k€64k=
Legal reserve130€64k€64k=
Profit (loss) carried forward14€1.26M€1.15M▼
Amounts payable17/49€4.22M€3.63M▼
Amounts payable within one year42/48€4.22M€3.63M▼
Financial debts43€627k€390k▼
Credit institutions430/8€627k€390k▼
Trade debts44€88k€30k▼
Suppliers440/4€88k€30k▼
Advances received on contracts in progress46-€400
Taxes, remuneration and social security45€111k€0▼
Taxes450/3€111k€0▼
Other amounts payable47/48€3.39M€3.21M▼
Accrued charges and deferred income492/3€3k€61▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€132k€78k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€10k€17k▲
Gross operating margin9900€114k€99k▼
Operating profit (loss)9901€-28k€4k▲
Financial income75/76B€9k€7k▼
Recurring financial income75€9k€7k▼
Financial charges65/66B€86k€117k▲
Recurring financial charges65€86k€117k▲
Profit (loss) for the period before taxes9903€-105k€-105k=
Income taxes67/77€0€-108▼
Profit (loss) for the period9904€-105k€-105k▲
Profit (loss) for the period to be appropriated9905€-105k€-105k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.26M€1.15M▼
Profit (loss) brought forward from the previous period14P€1.36M€1.26M▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (13 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
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €1.24M ▲1231%
Operating result €1.76M, net result €1.24M, both a record.
31-12
Financial
Equity above €1MEq €1.50M ▲466%
3 profitable years in a row build equity to €1.50M.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200kEq €265k ▲53.9%
2 profitable years in a row build equity to €265k.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €381k
Net result €381k after one loss-making year.
31-12
Financial
Equity above €150kEq €172k
Equity rises from €-209k to €172k.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-1.43M ▼222%
Net result drops to €-1.43M, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €1.17M
Net result €1.17M after one loss-making year.
31-12
Financial
Equity above €100kEq €140k ▲184%
Equity rises from €49k to €140k.
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · full 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, Houthalen-Helchteren · 1 establishment unit since 2011
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.
Grote Baan 5723530 Houthalen-HelchterenGround area
2.9 ha
Building footprint
597 m²
Volume, LiDAR
3,056 m³
Parcel 72014B0053/00G010, Flanders · tallest building 5.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Projectgrond
since 20112.202.072.521
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72014B0053/00G010 | Flanders | 2.9 ha | 1 · 597 m² | 5.6 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 1,292 companies in sector 68122 we hold annual accounts for 901. 519 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-05-2011
Fiscal year end31-12
Activities, NACEBEL
68122Development of non-residential building projects
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@decosternv.be