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PROJECTS 44

Active
Private limited companyfounded 2025incorporated this yearRederijkersstraat 2, 3500 Hasselt, BelgiumKBO/BCE: BE 1029.615.111
Summary

PROJECTS 44 is younger than twelve months; there is no public track record yet to compute a bankruptcy probability from. The 2025 annual accounts show equity of €28,010 and a net result of €25,010. Its solvency ranks better than 56% of 17090 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability100
Solvency91
Growth-
Track record50
Credit verdict
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 2.9; short-term debt: 34.5% and cash: 53.2% of total assets), and 34.5% of the assets are financed with debt.
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2025, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 0 years 0 10 y
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 07-05-2026, 85 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
85 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · 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

History

PROJECTS 44 was incorporated on 24 October 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€28,010
Total assets
€42,735
Net result
€25,010
Working capital
€28,010

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €42,735
Equity €28,010
Debt €14,725
Debt finances 34.5% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
2.90
Debt to equity
0.53
ROE
89.3%
ROA
58.5%
Debt ≤ 1 year
€14,725
Income taxes
€6,335
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€42,735
Current assets29/58€42,735
Amounts receivable within one year40/41€19,965
Trade receivables40€19,965
Cash at bank and in hand54/58€22,717
Deferred charges and accrued income490/1€53
Equity and liabilities
Total equity and liabilities10/49€42,735
Equity10/15€28,010
Contributions10/11€3,000
Reserves13€25,010
Distributable reserves133€25,010
Amounts payable17/49€14,725
Amounts payable within one year42/48€14,725
Trade debts44€794
Suppliers440/4€794
Taxes, remuneration and social security45€9,215
Taxes450/3€9,215
Other amounts payable47/48€4,716
Income statement Code2025
Gross operating margin9900€31,332
Operating profit (loss)9901€31,332
Financial income75/76B€15
Recurring financial income75€15
Financial charges65/66B€2
Recurring financial charges65€2
Profit (loss) for the period before taxes9903€31,346
Income taxes67/77€6,335
Profit (loss) for the period9904€25,010
Profit (loss) for the period to be appropriated9905€25,010
Appropriation of the result
Profit (loss) to be appropriated9906€25,010
Transfer to equity691/2€25,010
To other reserves6921€25,010

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Gross operating margin9900€31,332
Operating profit (loss)9901€31,332
Financial income75/76B€15
Recurring financial income75€15
Financial charges65/66B€2
Recurring financial charges65€2
Profit (loss) for the period before taxes9903€31,346
Income taxes67/77€6,335
Profit (loss) for the period9904€25,010
Profit (loss) for the period to be appropriated9905€25,010
Line2025
Assets
Total assets20/58€42,735
Current assets29/58€42,735
Amounts receivable within one year40/41€19,965
Trade receivables40€19,965
Cash at bank and in hand54/58€22,717
Deferred charges and accrued income490/1€53
Equity and liabilities
Total equity and liabilities10/49€42,735
Equity10/15€28,010
Contributions10/11€3,000
Reserves13€25,010
Distributable reserves133€25,010
Amounts payable17/49€14,725
Amounts payable within one year42/48€14,725
Trade debts44€794
Suppliers440/4€794
Taxes, remuneration and social security45€9,215
Taxes450/3€9,215
Other amounts payable47/48€4,716
Line2025
Profit (loss) for the period9904€25,010
Operating cash flow (approximation)€25,010

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
07-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Hasselt · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
115 m²
Building footprint
115 m²
Parcel 71328D0056/00V003, Flanders. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
PROJECTS 44
Rederijkersstraat 2, 3500 HasseltComputer consultancy and computer facilities management
since 20252.380.579.344
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71328D0056/00V003 Flanders 115 m² 1 · 115 m² -
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.

Similar companies · same sector, comparable size

Of 30,002 companies in sector 62200 we hold annual accounts for 18,394. 14,117 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
Founded24-10-2025
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
47120Other non-specialised retail sale
70200Business and other management consultancy
82100Office administrative and support services
82990Other business support services
85599Other education

Scores and ratios are computed by Checked and are not a credit decision.