PROJECTS & PARTNERS
ActivePROJECTS & PARTNERS has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50k and a net result of €-601. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 87% of 13240 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▼-4
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 3.59 against 3.62 in 2024; short-term debt: 25.1% of total assets), and 25.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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 dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74.9%
Return on assets
-0.9%
Age of the figures
9 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
61 d late
2023
55 d late
2022
21 d early
2021
68 d late
2020
69 d late
2019
25 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-601
2024 · €186
2018: €48
2019: €-248
2020: €6k
2021: €-4k
2022: €-7k
2023: €3k
2024: €186
2018 → 2025
Working capital
€43k▲ 1.1%
2024 · €43k
2018: €52k
2019: €53k
2020: €53k
2021: €49k
2022: €43k
2023: €43k
2024: €43k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€55k-€48k▼ 12.9%€50k▲ 5.9%€51k▲ 0.4%€50k▼ 1.2%
Operating result€-4k-€-7k▼ 72.7%€3k€1k▼ 55.8%€-213
Net result€-4k-€-7k▼ 59.1%€3k€186▼ 93.3%€-601
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €213 after €1k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €67k
Fixed assets
€6k▼ 14.4%
Current assets
€60k▲ 1.4%
Equity and liabilities €67k
Equity
€50k▼ 1.2%
Debt
€17k▲ 2.1%
The debt ratio rises from 24.5% to 25.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€873▼
2024 · €3k
Cash flow
€485▼
2024 · €1k
Solvency
74.9%▼
2024 · 75.5%
Current ratio
3.59▼
2024 · 3.62
Quick ratio
3.59▼
2024 · 3.62
Debt / equity
0.34▲
2024 · 0.33
ROE
-1.2%▼
2024 · 0.4%
ROA
-0.9%▼
2024 · 0.3%
Interest coverage
3.06▼
2024 · 3.36
Debt
€17k▲
2024 · €16k
Debt ≤ 1 year
€17k▲
2024 · €16k
Income taxes
€103▼
2024 · €500
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€67k€67k▼
Fixed assets21/28€8k€6k▼
Tangible fixed assets22/27€8k€6k▼
Other tangible fixed assets26€8k€6k▼
Current assets29/58€59k€60k▲
Amounts receivable after more than one year29€45k€45k=
Other amounts receivable291€45k€45k=
Amounts receivable within one year40/41€14k€11k▼
Trade receivables40€8k€11k▲
Other amounts receivable41€6k-
Current investments50/53€12€4k▲
Equity and liabilities
Total equity and liabilities10/49€67k€67k▼
Equity10/15€51k€50k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€30k€29k▼
Amounts payable17/49€16k€17k▲
Amounts payable within one year42/48€16k€17k▲
Financial debts43€1-
Credit institutions430/8€1-
Trade debts44€11k€3k▼
Suppliers440/4€11k€3k▼
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Other amounts payable47/48€5k€12k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€3k€1k▼
Gross operating margin9900€5k€2k▼
Operating profit (loss)9901€1k€-213▼
Financial charges65/66B€752€285▼
Recurring financial charges65€752€285▼
Profit (loss) for the period before taxes9903€686€-498▼
Income taxes67/77€500€103▼
Profit (loss) for the period9904€186€-601▼
Profit (loss) for the period to be appropriated9905€186€-601▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€29k▼
Profit (loss) brought forward from the previous period14P€30k€30k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
07-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 68 days late
2021
08-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 69 days late
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 25 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 10.19
Current ratio from 3.83 to 10.19; short-term debt falls from €18k to €6k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 57 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Fosses-la-Ville · 1 establishment unit since 1988
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chaussée de Charleroi 245070 Fosses-la-VilleGround area
2,500 m²
Building footprint
565 m²
Volume, LiDAR
3,501 m³
Parcel 92048G0074/00P002, Wallonia · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PROJECTS & PARTNERS
since 19882.038.479.150
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92048G0074/00P002 | Wallonia | 2,500 m² | 1 · 565 m² | 7.2 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
CHEZ MAGDA
BE 0830.266.748
Jemeppe-sur-Sambre · Eq €50k
Kansas
BE 0805.123.160
Lubbeek · Eq €50k
BATTHEU & MENS
BE 0893.032.478
Poperinge · Eq €50k
MOORKENS
BE 0829.909.531
Lille · Eq €50k
PRINOS
BE 0452.750.369
Marche-en-Famenne · Eq €50k
Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 9,820 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-05-1988
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:projects-partners@skynet.be