Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Projectpro Services is 1.5% (moderate). The 2024 annual accounts show equity of €107k and a net result of €26k. Equity is growing by ~35% per year across the filed fiscal years. Its solvency ranks better than 18% of 3178 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 3 annual accounts.
Signals
3 signals · with evidenceWeak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 3178 sector peers (2024).
View the sector comparison Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 30 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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.
How we compute the deadline
The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 29-08-2025 | 29 d late | 2025-00433010 |
| 31-12-2023 | 31-07-2024 | 30-08-2024 | 30 d late | 2024-00408649 |
| 31-12-2022 | 31-07-2023 | 31-08-2023 | 31 d late | 2023-00390955 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone1.5%
Moderate
0%0,5%1,5%4%10%≥25%
Young company
+Higher-failure-rate region
+Lower-failure-rate sector
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€26k-13.6%
Working capital€90k+11.6%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 29-08-2025 with the NBB · fiscal year 2024 · micro
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~35%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 82 · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 9.4% | 53.8% | |
| Net result | €26k | €18k | |
| Equity | €107k | €40k | |
| Gross operating margin | €3.12M | €36k | |
| Staff costs | €3.07M | €22k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P18
Stable position over 2022-2024
· n=1787-3178
P60
Weakening position over 2022-2024
· n=1783-3177
P78
Stable position over 2022-2024
· n=1789-3180
P95
Stable position over 2022-2024
· n=1781-3177
Describes the position versus peers, not a forecast.
€41k
-
22-24
€26k
-13.6%
22-24
€34k
-
22-24
€1.14M
+56.5%
22-24
€107k
+32.5%
22-24
€90k
+11.6%
22-24
125
+87.4%
22-24
€3.07M
+134.3%
22-24
Show 10 other metrics
€8k
-20.2%
22-24
€1.03M
+59.5%
22-24
€1.03M
+59.5%
22-24
1.09
-3.3%
22-24
1.09
-3.3%
22-24
9.4%
-15.4%
22-24
9.64
+20.4%
22-24
24.5%
-34.8%
22-24
2.3%
-44.8%
22-24
155.99
-
22-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €41k |
| Net profit | €26k |
| Cash flow | €34k |
| Staff costs | €3.07M |
| Income taxes | €8k |
| Dividends | - |
| Total assets | €1.14M |
| Equity | €107k |
| Debt | €1.03M |
| of which ≤ 1y | €1.03M |
| of which > 1y | - |
| Working capital | €90k |
| Employees (FTE) | 124.6 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 1.09 |
| Quick ratio | 1.09 |
| Working capital ratio | 7.9% |
| Solvency | 9.4% |
| Debt / equity | 9.64 |
| Long-term debt ratio | - |
| Interest coverage | 155.99 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.3% |
| ROE | 24.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.14M |
| Fixed assets | 21/28 | €17k |
| Intangible fixed assets | 21 | €17k |
| Current assets | 29/58 | €1.12M |
| Amounts receivable within one year | 40/41 | €682k |
| Cash & bank | 54/58 | €440k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.14M |
| Equity | 10/15 | €107k |
| Contributions / capital | 10/11 | €7k |
| Accumulated profits (losses) | 14 | €100k |
| Amounts payable | 17/49 | €1.03M |
| Amounts payable within one year | 42/48 | €1.03M |
| Trade debts payable within one year | 44 | €517k |
| Income statement | ||
| Gross operating margin | 9900 | €3.12M |
| Operating result | 9901 | €33k |
| Financial income | 75 | €1k |
| Financial charges | 65 | €265 |
| Result before taxes | 9903 | €34k |
| Income taxes | 67/77 | €8k |
| Net result for the period | 9904 | €26k |
| Result to be appropriated | 9905 | €26k |
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed68
/ 100
Healthy
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Structure & network
Connections & network
2 connected companiesNetwork connections
Shared address
→
Shared address
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationPutsesteenweg (Dp) 61, 2920 Kalmthout
since 20212.316.467.292
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area932 m²
Buildings2
Building footprint187 m²
Volume (LiDAR)1,567 m³
Tallest building17.9 m · ±5 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11022G0892/00M019 | Flanders | 781 m² | 1 · 104 m² | 6.2 m · 2 fl. |
| 21806F0477/00K009 | Brussels | 151 m² | 1 · 83 m² | 17.9 m · 5 fl. |
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.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
2 acts Address history · 1
15-05-2026
Seat change: new: 1040 Brussel, Rue Breydel 34-36, old: 2920 Kalmthout, Putsesteenweg (Dp) 61, effective_date: 2026-04-30
All acts · 2
updated 3 months ago
2026
15-05-2026 Notarial deed · Seat change · Statute amendment · Power of attorney
- Filing: 2026-05-12 · Projectpro Services
- Publication: 2026-05-15 · Projectpro Services
- Notarial deed: 2026-04-30 · Projectpro Services
- Seat change: new: 1040 Brussel, Rue Breydel 34-36, old: 2920 Kalmthout, Putsesteenweg (Dp) 61, effective_date: 2026-04-30 · Projectpro Services
- Statute amendment: Artikel 2 · Projectpro Services
- Power of attorney: date: 2026-04-30, scope: alle verrichtingen te stellen ten einde de inschrijving van de Vennootschap in de Kruispuntbank voor Ondernemingen en haar registratie als BTWbelastingplichtige, te verbeteren en te wijzigen, granted_by: De partijen · Projectpro Services
- Power of attorney: date: 2026-04-30, scope: alle verrichtingen te stellen ten einde de inschrijving van de Vennootschap in de Kruispuntbank voor Ondernemingen en haar registratie als BTWbelastingplichtige, te verbeteren en te wijzigen, granted_by: De partijen · Projectpro Services
- Act object: MAATSCHAPPELIJKE ZETEL, STATUTEN (VERTALING,
Summary:
Notarial deed · Seat change · Statute amendment · Power of attorneyNotary:
Tom Holvoet
2021
26-03-2021 Incorporation of a new BV
Summary:
oprichting
Analysis
Financial profile
5 of 5 axes measured67
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
68
Profitability
100
Solvency
19
Growth
52
Stability
94
Credit advice
verdict per customer and amountSimilar
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We hold annual accounts for 2,993 of the 24,535 companies in this sector. 2,367 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Overige zakelijke dienstverlening, neg82990Beoefening van uitvoerende kunsten door zelfstandig werkende artiesten90201Administratieve en ondersteunende activiteiten ten behoeve van kantoren82100Diverse administratieve activiteiten ten behoeve van kantoren82110Overige ondersteunende activiteiten voor de uitvoerende kunsten90029Ondersteunende activiteiten voor scheppende kunsten90032Creatie van beeldende kunsten90120Andere ondersteunende activiteiten voor scheppende en uitvoerende kunst, neg90399
Primary activity highlighted.
Names & trade names
| Legal nameNL | Projectpro Services |
| AbbreviationNL | Projectpro |
Registered office
Breydelstraat 34-36
1040 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.