PROJECTS-M
The computed 12-month bankruptcy probability of PROJECTS-M is 2.5% (moderate). The 2025 annual accounts show negative equity (€-8k) and a net result of €24k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 433 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-8k |
| Net result | €24k |
| Better than sector | 7% |
| Active | 5 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -13.1% | 37.9% | |
| Net result | €24k | €13k | |
| Equity | €-8k | €38k | |
| Gross operating margin | €39k | €50k | |
| Total assets | €64k | €117k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €37k |
| Net profit | €24k |
| Cash flow | €35k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €64k |
| Equity | €-8k |
| Debt | €73k |
| of which ≤ 1y | €52k |
| of which > 1y | €21k |
| Working capital | €-20k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.61 |
| Quick ratio | 0.61 |
| Working capital ratio | -31.4% |
| Solvency | -13.1% |
| Debt / equity | -8.64 |
| Long-term debt ratio | -2.43 |
| Interest coverage | 13.46 |
| Gross margin | - |
| Net margin | - |
| ROA | 36.8% |
| ROE | -281.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €64k |
| Fixed assets | 21/28 | €32k |
| Formation expenses | 20 | €0 |
| Tangible fixed assets | 22/27 | €32k |
| Current assets | 29/58 | €32k |
| Amounts receivable within one year | 40/41 | €29k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €64k |
| Equity | 10/15 | €-8k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €-11k |
| Amounts payable | 17/49 | €73k |
| Amounts payable after one year | 17 | €21k |
| Amounts payable within one year | 42/48 | €52k |
| Trade debts payable within one year | 44 | €26k |
| Income statement | ||
| Gross operating margin | 9900 | €39k |
| Operating result | 9901 | €26k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €24k |
| Net result for the period | 9904 | €24k |
| Result to be appropriated | 9905 | €24k |
| NACE primary | General cleaning of buildings(81210) |
| Legal form | Private limited company(610) |
| Incorporation | 04-12-2020 |
| Status | Active |
| Postal code | 9140 |
Parcels 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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46026B0155/00G000 | Flanders | 284 m² | 1 · 154 m² | 7.6 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
25-09-2024 Registered office moved within Temse
- Wilgenweg 5, 9140 Temse → Durmestraat 3, 9140 Temse
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Durmestraat 3, 9140 Temse",
"city": "Temse",
"region": "vlaams_gewest",
"street": "Durmestraat",
"country": "BE",
"postcode": "9140",
"box_number": null,
"street_number": "3",
"locality_suffix": null
},
"old_address": {
"raw": "Wilgenweg 5, 9140 Temse",
"city": "Temse",
"region": "vlaams_gewest",
"street": "Wilgenweg",
"country": "BE",
"postcode": "9140",
"box_number": null,
"street_number": "5",
"locality_suffix": null
},
"effective_date": "2024-09-03",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2024-09-16",
"act_kind_objet": "Zetel (zetelverplaatsing)"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2024-09-03",
"unanimous": null
},
"subject_company": {
"kbo": "0759.451.701",
"name_full": "PROJECTS-M",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Sam Meersman",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"de notulen van de algemene vergadering dd. 03/09/2024"
]
}04-11-2022 Registered office moved from Steken to Tielrode
- Hellestraat 133A bus 2, 9190 Stekene → Wilgenweg 5, 9140 Tielrode
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "combined",
"new_address": {
"raw": "Wilgenweg 5, 9140 Tielrode",
"city": "Tielrode",
"region": "vlaams_gewest",
"street": "Wilgenweg",
"country": "BE",
"postcode": "9140",
"box_number": null,
"street_number": "5",
"locality_suffix": null
},
"old_address": {
"raw": "Hellestraat 133A bus 2, 9190 Stekene",
"city": "Steken",
"region": "vlaams_gewest",
"street": "Hellestraat",
"country": "BE",
"postcode": "9190",
"box_number": "2",
"street_number": "133A",
"locality_suffix": null
},
"effective_date": "2022-09-26",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "beide",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
},
{
"kind": "zetel_clause_amendment_no_move",
"seat_type": "unite_exploitation",
"new_address": {
"raw": "Wilgenweg 5, 9140 Tielrode",
"city": "Tielrode",
"region": "vlaams_gewest",
"street": "Wilgenweg",
"country": "BE",
"postcode": "9140",
"box_number": null,
"street_number": "5",
"locality_suffix": null
},
"old_address": null,
"effective_date": "2022-09-26",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "beide",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2022-11-04",
"filing_date": null,
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2022-09-26",
"unanimous": null
},
"subject_company": {
"kbo": "0759.451.701",
"name_full": "Powerwash Glazenwasserij",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Meersman Sam",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"Mod DOC 19.01"
]
}16-03-2021 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": "Maarten DE CLERCQ",
"firm_city": null,
"firm_name": "De Clercq \u0026 Callaerts Notarissen",
"office_city": "Steken",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2021-03-16",
"filing_date": "2021-03-12",
"act_kind_objet": "DOEL"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2021-03-10",
"unanimous": true
},
"agm_change": {
"new_schedule": null,
"old_schedule": "zeven maart 2021",
"effective_from_year": null,
"rule_changes_summary": "Wijziging van artikel 3 (voorwerp) en wijziging van de tekst van artikel drie conform de genomen beslissingen."
},
"detected_kind": "agm_rules_change",
"other_address": null,
"mandate_renewal": null,
"subject_company": {
"kbo": "0759.451.701",
"name_full": "Powerwash Glazenwasserij",
"legal_form": "BV"
},
"accounts_deposit": null,
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [],
"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": null,
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | PROJECTS-M |