PROJECTION.EU

Active

Public limited companyfounded 200719 yrs activeRue du Vieux-Pavé-d'Asquempont 46, 1460 Ittre, BelgiumKBO/BCE: BE 0887.655.611

Summary

PROJECTION.EU has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €496,404 and a net result of €51,887. Equity is shrinking by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 54% of 4473 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Risk analysisWatch Report Compare

PROJECTION.EUActiveChecked score 68/100

Risk analysis Report Compare

Activity

Retail sale of lighting equipment

NACE 47552NACE 47592NACE 52442

#10 employer in Ittre1 site

Size

€1.3mtotal assets 2025

Staff: 13.6 FTE
Equity: €496,404
Profit: €51,887

Financial health

68 Healthy Checked score 2025

Bankruptcy chance 12 m: 0.9%

Structure

Parent: LE SCENARIO · 92%

Accounts filed 27 d late1 of 7 deeds read

Why 68- 1 change of registered office in 24 months- Liquidity: current ratio 2.01+ Founded in 2007+ Legal form Public limited companyShow the evidence

Checked score

Score 2025

68 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Better than 56% of its sector peers (NACE 47, small)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Strong

Solvency 64+4

equity 39.0% of total assets

Liquidity 52=

short-term debt 48.4%

Profitability 68+59

return on assets 4.1%

Bankruptcy probability, 12 months

0.9% Low

0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,670 companies)

Last 17 months 06-2025: 1.0% 07-2025: 1.0%● 0.0% vs 06-2025 08-2025: 1.0%▲ +1.6% vs 07-2025 09-2025: 1.0%● 0.0% vs 08-2025 10-2025: 1.1%▲ +7.1% vs 09-2025 11-2025: 1.1%▼ -2.0% vs 10-2025 12-2025: 1.0%▼ -4.3% vs 11-2025 01-2026: 1.2%▲ +18.8% vs 12-2025 02-2026: 1.8%▲ +45.3% vs 01-2026highest value 03-2026: 0.4%▼ -79.0% vs 02-2026lowest value 04-2026: 0.4%● 0.0% vs 03-2026lowest value 05-2026: 0.4%▲ +4.8% vs 04-2026 06-2026: 0.8%▲ +103% vs 05-2026 07-2026: 0.8%▲ +1.0% vs 06-2026 08-2026: 0.8%● 0.0% vs 07-2026 09-2026: 0.8%● 0.0% vs 08-2026 10-2026: 0.9%▲ +9.2% vs 09-2026

1 change of registered office in 24 months raises the probability
Liquidity: current ratio 2.01 raises the probability
Founded in 2007 lowers the probability for this profile
Legal form Public limited company lowers the probability

Credit up to €30,000 at 30 days acceptable

Liquidity ample (current ratio 2.01 against 1.96 in 2024; short-term debt: 48.4% of total assets), but 61% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, small). Better than this share of them on solvency 60%, liquidity 68%, profitability 51%, growth against the median 46%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

1 change of registered office in 24 months

In the bankruptcy model this factor raises the probability.

Belgian State Gazette

Liquidity: current ratio 2.01

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Founded in 2007

In the bankruptcy model this factor lowers the probability for this profile.

KBO

Legal form Public limited company

In the bankruptcy model this factor lowers the probability.

KBO

Filed after the deadline

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 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 filings

Deviation from the deadline

2025

27 d late

2024

21 d late

2023

on the day

2022

1 d early

2021

3 d early

2020

4 d early

2019

5 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 6 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

30-06-2026 close02-10-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage