Projectplan
ActiveSummary
Projectplan has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €398k and a net result of €74k. Equity is growing by ~35.1% per year across the filed fiscal years. Its solvency ranks better than 68% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▼-4
Solvency79▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 4.96 against 4.78 in 2024; short-term debt: 13.1% and cash: 46.4% of total assets), and 46.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
53.6%
Return on assets
10%
Age of the figures
9 mo
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
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
41 d early
2023
48 d early
2022
46 d late
2021
18 d late
2020
27 d late
2019
67 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€398k▲ 2.0%
2024 · €390k
2018: €56klowest in 8 years
2019: €83k▲ +49.3% vs 2018
2020: €136k▲ +63.7% vs 2019
2021: €70k▼ -48.7% vs 2020
2022: €162k▲ +133% vs 2021
2023: €291k▲ +79.0% vs 2022
2024: €390k▲ +34.1% vs 2023
2025: €398k▲ +2.0% vs 2024highest in 8 years
2018 → 2025
Total assets
€741k▼ 5.1%
2024 · €781k
2018: €152klowest in 8 years
2019: €221k▲ +44.8% vs 2018
2020: €312k▲ +41.4% vs 2019
2021: €465k▲ +49.0% vs 2020
2022: €587k▲ +26.4% vs 2021
2023: €628k▲ +6.9% vs 2022
2024: €781k▲ +24.4% vs 2023highest in 8 years
2025: €741k▼ -5.1% vs 2024
2018 → 2025
Net result
€74k▼ 25.2%
2024 · €99k
2018: €25k
2019: €27k▲ +9.1% vs 2018
2020: €56k▲ +105% vs 2019
2021: €-66k▼ -218% vs 2020lowest in 8 years
2022: €93k▲ +240% vs 2021
2023: €128k▲ +38.4% vs 2022highest in 8 years
2024: €99k▼ -22.7% vs 2023
2025: €74k▼ -25.2% vs 2024
2018 → 2025
Working capital
€385k▼ 11.4%
2024 · €435k
2018: €53klowest in 8 years
2019: €80k▲ +51.6% vs 2018
2020: €174k▲ +117% vs 2019
2021: €136k▼ -21.7% vs 2020
2022: €248k▲ +82.5% vs 2021
2023: €312k▲ +25.7% vs 2022
2024: €435k▲ +39.3% vs 2023highest in 8 years
2025: €385k▼ -11.4% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€70k-€162k▲ 133%€291k▲ 79.0%€390k▲ 34.1%€398k▲ 2.0%
2021: €70klowest in 5 years
2022: €162k▲ +133% vs 2021
2023: €291k▲ +79.0% vs 2022
2024: €390k▲ +34.1% vs 2023
2025: €398k▲ +2.0% vs 2024highest in 5 years
Operating result€-65k-€105k€187k▲ 77.3%€152k▼ 18.4%€108k▼ 29.2%
2021: €-65klowest in 5 years
2022: €105k▲ +263% vs 2021
2023: €187k▲ +77.3% vs 2022highest in 5 years
2024: €152k▼ -18.4% vs 2023
2025: €108k▼ -29.2% vs 2024
Net result€-66k-€93k€128k▲ 38.4%€99k▼ 22.7%€74k▼ 25.2%
2021: €-66klowest in 5 years
2022: €93k▲ +240% vs 2021
2023: €128k▲ +38.4% vs 2022highest in 5 years
2024: €99k▼ -22.7% vs 2023
2025: €74k▼ -25.2% vs 2024
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 has fallen two years in a row; 2025 is 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €741k
Fixed assets
€259k ▲ 12.0%
Current assets
€483k ▼ 12.3%
Equity and liabilities €741k
Equity
€398k ▲ 2.0%
Debt
€344k ▼ 12.2%
Debt's share of the balance-sheet total falls from 50.1% to 46.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€137k▼
2024 · €173k
Cash flow
€104k▼
2024 · €119k
Current ratio
4.96▲
2024 · 4.78
Quick ratio
4.94▲
2024 · 4.76
Debt to equity
0.86▼
2024 · 1.00
ROE
18.7%▼
2024 · 25.4%
ROA
10.0%▼
2024 · 12.7%
Interest coverage
27.86▼
2024 · 36.77
Debt ≤ 1 year
€97k▼
2024 · €115k
Debt > 1 year
€170k▲
2024 · €163k
Income taxes
€33k▼
2024 · €43k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€781k€741k▼
Fixed assets21/28€231k€259k▲
Tangible fixed assets22/27€217k€238k▲
Land and buildings22€180k€169k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€35k€67k▲
Financial fixed assets28€14k€21k▲
Current assets29/58€550k€483k▼
Stocks and contracts in progress3€2k€3k▲
Stocks30/36€2k€3k▲
Amounts receivable within one year40/41€143k€129k▼
Trade receivables40€134k€106k▼
Other amounts receivable41€9k€23k▲
Cash at bank and in hand54/58€394k€344k▼
Deferred charges and accrued income490/1€11k€8k▼
Equity and liabilities
Total equity and liabilities10/49€781k€741k▼
Equity10/15€390k€398k▲
Contributions10/11€11k€11k=
Reserves13€379k€386k▲
Distributable reserves133€379k€386k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€391k€344k▼
Amounts payable after more than one year17€163k€170k▲
Financial debts170/4€163k€170k▲
Amounts payable within one year42/48€115k€97k▼
Current portion of amounts payable after more than one year42€20k€28k▲
Trade debts44€83k€62k▼
Suppliers440/4€83k€62k▼
Taxes, remuneration and social security45€12k€8k▼
Taxes450/3€12k€6k▼
Remuneration and social security454/9€218€1k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€113k€77k▼
Income statement
Code20242025
Non-recurring operating income76A€1k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€29k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€175▲
Other operating charges640/8€5k€6k▲
Non-recurring operating charges66A€2k€0▼
Gross operating margin9900€180k€144k▼
Operating profit (loss)9901€152k€108k▼
Financial income75/76B€4k€4k▲
Recurring financial income75€4k€4k▲
Financial charges65/66B€14k€5k▼
Recurring financial charges65€5k€5k▲
Non-recurring financial charges66B€9k€0▼
Profit (loss) for the period before taxes9903€142k€107k▼
Income taxes67/77€43k€33k▼
Profit (loss) for the period9904€99k€74k▼
Profit (loss) for the period to be appropriated9905€99k€74k▼
Appropriation of the result
Profit (loss) to be appropriated9906€99k€74k▼
Transfer from equity791/2-€67k
Transfer to equity691/2€99k€74k▼
To other reserves6921€99k€74k▼
Profit to be distributed694/7-€67k
Return on contributions (dividend)694-€67k
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | - | - | €1k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37k | €14k | €13k | €20k | €29k | ▲ 45.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €0 | €435 | €1k | €0 | €175 | - |
| Other operating charges640/8 | €5k | €7k | €5k | €5k | €6k | ▲ 12.0% |
| Non-recurring operating charges66A | - | €500 | €0 | €2k | €0 | ▼ 100% |
| Gross operating margin9900 | €-22k | €127k | €206k | €180k | €144k | ▼ 20.1% |
| Operating profit (loss)9901 | €-65k | €105k | €187k | €152k | €108k | ▼ 29.2% |
| Financial income75/76B | €2k | €5k | €3k | €4k | €4k | ▲ 8.3% |
| Recurring financial income75 | €2k | €5k | €3k | €4k | €4k | ▲ 8.3% |
| Financial charges65/66B | €3k | €3k | €3k | €14k | €5k | ▼ 64.5% |
| Recurring financial charges65 | €3k | €3k | €3k | €5k | €5k | ▲ 5.0% |
| Non-recurring financial charges66B | - | - | - | €9k | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €-66k | €107k | €187k | €142k | €107k | ▼ 24.8% |
| Income taxes67/77 | €363 | €14k | €59k | €43k | €33k | ▼ 23.7% |
| Profit (loss) for the period9904 | €-66k | €93k | €128k | €99k | €74k | ▼ 25.2% |
| Profit (loss) for the period to be appropriated9905 | €-66k | €93k | €128k | €99k | €74k | ▼ 25.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €465k | €587k | €628k | €781k | €741k | ▼ 5.1% |
| Fixed assets21/28 | €219k | €205k | €198k | €231k | €259k | ▲ 12.0% |
| Tangible fixed assets22/27 | €219k | €205k | €195k | €217k | €238k | ▲ 9.4% |
| Land and buildings22 | €217k | €205k | €193k | €180k | €169k | ▼ 6.5% |
| Plant, machinery and equipment23 | €285 | €0 | - | €2k | €2k | ▼ 23.9% |
| Furniture and vehicles24 | €2k | €0 | €2k | €35k | €67k | ▲ 94.0% |
| Financial fixed assets28 | - | - | €3k | €14k | €21k | ▲ 52.9% |
| Current assets29/58 | €246k | €382k | €430k | €550k | €483k | ▼ 12.3% |
| Stocks and contracts in progress3 | €9k | €4k | €2k | €2k | €3k | ▲ 21.3% |
| Stocks30/36 | €9k | €4k | €2k | €2k | €3k | ▲ 21.3% |
| Amounts receivable within one year40/41 | €73k | €89k | €100k | €143k | €129k | ▼ 10.4% |
| Trade receivables40 | €68k | €60k | €74k | €134k | €106k | ▼ 21.4% |
| Other amounts receivable41 | €6k | €29k | €26k | €9k | €23k | ▲ 152% |
| Current investments50/53 | €9k | - | - | - | - | - |
| Cash at bank and in hand54/58 | €130k | €247k | €298k | €394k | €344k | ▼ 12.7% |
| Deferred charges and accrued income490/1 | €24k | €43k | €30k | €11k | €8k | ▼ 30.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €465k | €587k | €628k | €781k | €741k | ▼ 5.1% |
| Equity10/15 | €70k | €162k | €291k | €390k | €398k | ▲ 2.0% |
| Contributions10/11 | €11k | €11k | €11k | €11k | €11k | = |
| Reserves13 | €125k | €151k | €280k | €379k | €386k | ▲ 2.0% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €123k | €149k | €280k | €379k | €386k | ▲ 2.0% |
| Profit (loss) carried forward14 | €-66k | €0 | - | - | €0 | - |
| Amounts payable17/49 | €395k | €425k | €337k | €391k | €344k | ▼ 12.2% |
| Amounts payable after more than one year17 | €178k | €165k | €153k | €163k | €170k | ▲ 3.8% |
| Financial debts170/4 | €178k | €165k | €153k | €163k | €170k | ▲ 3.8% |
| Amounts payable within one year42/48 | €110k | €134k | €118k | €115k | €97k | ▼ 15.6% |
| Current portion of amounts payable after more than one year42 | €21k | €25k | €21k | €20k | €28k | ▲ 41.6% |
| Trade debts44 | €69k | €95k | €54k | €83k | €62k | ▼ 25.4% |
| Suppliers440/4 | €69k | €95k | €54k | €83k | €62k | ▼ 25.4% |
| Taxes, remuneration and social security45 | €15k | €5k | €42k | €12k | €8k | ▼ 39.7% |
| Taxes450/3 | €13k | €2k | €42k | €12k | €6k | ▼ 49.2% |
| Remuneration and social security454/9 | €2k | €3k | €33 | €218 | €1k | ▲ 490% |
| Other amounts payable47/48 | €4k | €9k | €504 | €0 | - | - |
| Accrued charges and deferred income492/3 | €108k | €126k | €67k | €113k | €77k | ▼ 31.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-66k | €93k | €128k | €99k | €74k | ▼ 25.2% |
| + Depreciation and write-downs630 | €37k | €14k | €13k | €20k | €29k | ▲ 45.6% |
| Operating cash flow (approximation) | €-29k | €107k | €141k | €119k | €104k | ▼ 13.2% |
| Investment in fixed assets (approximation) | - | €0 | €-6k | €-53k | €-57k | ▼ 7.1% |
| Change in cash | - | €117k | €51k | €96k | €-50k | ▼ 152% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €128k ▲38.4%
Operating result €187k, net result €128k, both a record.
31-12
Financial
Equity above €200kEq €291k ▲79%
2 profitable years in a row build equity to €291k.
15-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 46 days late
2022
31-12
Financial
Back to profitnet €93k
Net result €93k after one loss-making year.
31-12
Financial
Equity above €150kEq €162k ▲133%
Equity rises from €70k to €162k.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-12
Financial
Weakest financial yearnet €-66k
Net result drops to €-66k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Equity above €100kEq €136k ▲63.7%
3 profitable years in a row build equity to €136k.
Show earlier events
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
2 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, Kortrijk · 1 establishment unit since 2014
Ground area
203 m²
Building footprint
96 m²
Volume, LiDAR
728 m³
Parcel 34352F0272/00L004, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Projectplan
since 20142.226.381.315
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34352F0272/00L004 | Flanders | 203 m² | 1 · 96 m² | 12.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
2022 to 2024 · 2 entries · 2,060 EUR awarded · 2,060 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 260 EUR | 260 EUR |
| 2022 | 1 | 1,800 EUR | 1,800 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
4 categoriesProjectplan BV35227
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 4,944 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-01-2014
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
71111Activities of building architects
Scores and ratios are computed by Checked and are not a credit decision.