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PROJECTS MANAGEMENT & CONSULTING

Active
Private limited companyfounded 200025 yrs activeAntwerpsesteenweg 124, 2630 Aartselaar, BelgiumKBO/BCE: BE 0473.053.657

The file of PROJECTS MANAGEMENT & CONSULTING contains 2 judicial reorganisation notices, as published in the Belgian State Gazette.

Summary

The computed 12-month bankruptcy probability is 2.2% (moderate). The 2025 annual accounts show equity of €309k and a net result of €161k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 54% of 14079 sector peers (fiscal year 2025).

Checked score

Score 2025
55 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+12
Solvency60▲+23
Growth78=
Track record60
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days only on tighter terms
Liquidity tight (current ratio 1.36 against 1.04 in 2024; short-term debt: 64.9% and cash: 1.6% of total assets), and 65% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Judicial reorganisation on record
A judicial reorganisation is on record, and one often precedes a bankruptcy.
Belgian State Gazette
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
Sector 68
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 25 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
35%
Return on assets
18.2%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
2 d early
2021
51 d late
2020
30 d early
2019
132 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€309k▲ 108%
2024 · €148k
2018: €-13k 2019: €28k 2020: €29k 2021: €48k 2022: €-199k 2023: €37k 2024: €148k
2018 → 2025
Total assets
€882k▼ 27.5%
2024 · €1.22M
2018: €69k 2019: €138k 2020: €209k 2021: €685k 2022: €347k 2023: €208k 2024: €1.22M
2018 → 2025
Net result
€161k▲ 44.3%
2024 · €111k
2018: €1k 2019: €29k 2020: €989 2021: €19k 2022: €-247k 2023: €236k 2024: €111k
2018 → 2025
Working capital
€203k▲ 332%
2024 · €47k
2018: €-14k 2019: €33k 2020: €9k 2021: €19k 2022: €-207k 2023: €34k 2024: €47k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€48k-€-199k€37k€148k▲ 303%€309k▲ 108%
Operating result€40k-€-237k€236k€132k▼ 44.3%€203k▲ 54.3%
Net result€19k-€-247k€236k€111k▼ 52.7%€161k▲ 44.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-400k€-200k€0€200kOperating result 2021: €40k€40kNet result 2021: €19k€19kOperating result 2022: €-237k€-237kNet result 2022: €-247k€-247kOperating result 2023: €236k€236kNet result 2023: €236k€236kOperating result 2024: €132k€132kNet result 2024: €111k€111kOperating result 2025: €203k€203kNet result 2025: €161k€161k20212022202320242025€0€100k€200kOperating result 2023: €236k€236kNet result 2023: €236k€236kOperating result 2024: €132k€132kNet result 2024: €111k€111kOperating result 2025: €203k€203kNet result 2025: €161k€161k202320242025
The operating result recovers in 2025; 2025 is 54% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €882k
Fixed assets €106k ▲ 4.5%
Current assets €776k ▼ 30.4%
Equity and liabilities €882k
Equity €309k ▲ 108%
Debt €573k ▼ 46.4%
Debt's share of the balance-sheet total falls from 87.8% to 65.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€203k
2024 · €132k
Cash flow
€161k
2024 · €112k
Current ratio
1.36
2024 · 1.04
Quick ratio
0.73
2024 · 0.90
Debt to equity
1.85
2024 · 7.21
ROE
52.0%
2024 · 75.2%
ROA
18.2%
2024 · 9.2%
Interest coverage
15.78
2024 · 27.93
Debt ≤ 1 year
€573k
2024 · €1.07M
Income taxes
€30k
2024 · €16k
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 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.22M€882k
Fixed assets21/28€101k€106k
Tangible fixed assets22/27€1k€975
Furniture and vehicles24€1k€975
Financial fixed assets28€100k€105k
Current assets29/58€1.12M€776k
Stocks and contracts in progress3€149k€360k
Stocks30/36€71k€63k
Contracts in progress37€78k€298k
Amounts receivable within one year40/41€922k€397k
Trade receivables40€876k€354k
Other amounts receivable41€47k€43k
Cash at bank and in hand54/58€42k€14k
Deferred charges and accrued income490/1€2k€5k
Equity and liabilities
Total equity and liabilities10/49€1.22M€882k
Equity10/15€148k€309k
Contributions10/11€19k€19k=
Reserves13€281k€290k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€280k€280k=
Distributable reserves133-€9k
Profit (loss) carried forward14€-152k€0
Amounts payable17/49€1.07M€573k
Amounts payable within one year42/48€1.07M€573k
Current portion of amounts payable after more than one year42€193k€59k
Trade debts44€546k€474k
Suppliers440/4€546k€474k
Advances received on contracts in progress46€318k€0
Taxes, remuneration and social security45€12k€40k
Taxes450/3€10k€40k
Remuneration and social security454/9€2k€0
Accrued charges and deferred income492/3€290€299
Income statement Code20242025
Non-recurring operating income76A€2k€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€654€331
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€27k€0
Other operating charges640/8€18k€29k
Non-recurring operating charges66A€27k€0
Gross operating margin9900€205k€233k
Operating profit (loss)9901€132k€203k
Financial income75/76B€351€1k
Recurring financial income75€351€1k
Financial charges65/66B€5k€13k
Recurring financial charges65€5k€13k
Profit (loss) for the period before taxes9903€127k€191k
Income taxes67/77€16k€30k
Profit (loss) for the period9904€111k€161k
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€111k€161k
Appropriation of the result
Profit (loss) to be appropriated9906€-152k€9k
Profit (loss) brought forward from the previous period14P€-263k€-152k
Transfer to equity691/2-€9k
To other reserves6921-€9k

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
30-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Equity above €200kEq €309k ▲108%
3 profitable years in a row build equity to €309k.
30-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Equity above €100kEq €148k ▲303%
2 profitable years in a row build equity to €148k.
30-04
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial Back to profitnet €236k
Net result €236k after one loss-making year.
02-08
Judicial reorganisation Plan homologation
Ondernemingsrechtbank Antwerpen · event 27-07-2023
28-04
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
05-04
Judicial reorganisation Opening
Ondernemingsrechtbank Antwerpen · collective agreement · event 29-03-2023
2022
30-09
Financial Weakest financial yearnet €-247k
Net result drops to €-247k, the lowest in the series; recovery starts the following year.
20-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 51 days late
2021
31-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2019
20-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
10-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 10 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 123 days late
2017
28-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts

We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
9 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, Aartselaar · 1 establishment unit since 2001
seat establishment The establishment unit on the map
Ground area
1,858 m²
Building footprint
844 m²
Volume, LiDAR
5,735 m³
Parcel 11001B0009/00V005, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
61 companies at this address See who is registered here
1 establishment unit
VEHABUILD
Antwerpsesteenweg 124, 2630 AartselaarManufacture of basic metals
since 20012.097.721.604
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11001B0009/00V005 Flanders 1,858 m² 1 · 844 m² 9.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 9,694 companies in sector 68121 we hold annual accounts for 7,383. 5,143 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded16-10-2000
Fiscal year end30-09
Abbreviation NL PMC
Activities, NACEBEL 2025
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers

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