PROJEKD
ActiveSummary
PROJEKD has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €28k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 35% of 7780 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability92▲+23
Solvency56▼-33
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.39 against 0.43 in 2024; short-term debt: 69.1% and cash: 22.7% of total assets), and 69.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
30.9%
Return on assets
18.9%
Age of the figures
12 mo
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
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 13-05-2026, 13 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
13 d late
2024
15 d early
2023
26 d early
2022
27 d early
2021
2 d late
2020
31 d early
2019
31 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 monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€46k▼ 49.3%
2024 · €91k
2018: €65k
2019: €82k▲ +26.9% vs 2018
2020: €90k▲ +8.9% vs 2019
2021: €104k▲ +16.1% vs 2020
2022: €108k▲ +3.7% vs 2021
2023: €109k▲ +0.8% vs 2022highest in 8 years
2024: €91k▼ -16.7% vs 2023
2025: €46k▼ -49.3% vs 2024lowest in 8 years
2018 → 2025
Total assets
€149k▲ 5.5%
2024 · €141k
2018: €273k
2019: €356k▲ +30.1% vs 2018highest in 8 years
2020: €187k▼ -47.3% vs 2019
2021: €188k▲ +0.4% vs 2020
2022: €215k▲ +14.2% vs 2021
2023: €152k▼ -29.1% vs 2022
2024: €141k▼ -7.4% vs 2023lowest in 8 years
2025: €149k▲ +5.5% vs 2024
2018 → 2025
Net result
€28k▲ 7,131%
2024 · €389
2018: €34khighest in 8 years
2019: €17k▼ -48.2% vs 2018
2020: €7k▼ -58.1% vs 2019
2021: €17k▲ +138% vs 2020
2022: €4k▼ -78.2% vs 2021
2023: €880▼ -76.9% vs 2022
2024: €389▼ -55.8% vs 2023lowest in 8 years
2025: €28k▲ +7131% vs 2024
2018 → 2025
Working capital
€-63k▼ 138%
2024 · €-27k
2018: €96khighest in 8 years
2019: €8k▼ -91.6% vs 2018
2020: €2k▼ -78.2% vs 2019
2021: €4k▲ +121% vs 2020
2022: €2k▼ -37.5% vs 2021
2023: €-6k▼ -335% vs 2022
2024: €-27k▼ -365% vs 2023
2025: €-63k▼ -138% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€104k-€108k▲ 3.7%€109k▲ 0.8%€91k▼ 16.7%€46k▼ 49.3%
2021: €104k
2022: €108k▲ +3.7% vs 2021
2023: €109k▲ +0.8% vs 2022highest in 5 years
2024: €91k▼ -16.7% vs 2023
2025: €46k▼ -49.3% vs 2024lowest in 5 years
Operating result€24k-€9k▼ 62.6%€5k▼ 40.7%€5k▼ 3.1%€39k▲ 640%
2021: €24k
2022: €9k▼ -62.6% vs 2021
2023: €5k▼ -40.7% vs 2022
2024: €5k▼ -3.1% vs 2023lowest in 5 years
2025: €39k▲ +640% vs 2024highest in 5 years
Net result€17k-€4k▼ 78.2%€880▼ 76.9%€389▼ 55.8%€28k▲ 7,131%
2021: €17k
2022: €4k▼ -78.2% vs 2021
2023: €880▼ -76.9% vs 2022
2024: €389▼ -55.8% vs 2023lowest in 5 years
2025: €28k▲ +7131% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 640% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €149k
Fixed assets
€109k ▼ 9.9%
Current assets
€40k ▲ 97.9%
Equity and liabilities €149k
Equity
€46k ▼ 49.3%
Debt
€103k ▲ 104%
Debt's share of the balance-sheet total rises from 35.7% to 69.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€51k▲
2024 · €17k
Cash flow
€40k▲
2024 · €13k
Current ratio
0.39▼
2024 · 0.43
Debt to equity
2.24▲
2024 · 0.56
ROE
61.2%▲
2024 · 0.4%
ROA
18.9%▲
2024 · 0.3%
Interest coverage
27.53▲
2024 · 5.96
Debt ≤ 1 year
€103k▲
2024 · €47k
Debt > 1 year
€0▼
2024 · €4k
Income taxes
€9k▲
2024 · €2k
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€141k€149k▲
Fixed assets21/28€121k€109k▼
Tangible fixed assets22/27€121k€109k▼
Land and buildings22€114k€106k▼
Furniture and vehicles24€3k€1k▼
Other tangible fixed assets26€4k€2k▼
Financial fixed assets28€90€90=
Current assets29/58€20k€40k▲
Amounts receivable within one year40/41€1k€6k▲
Trade receivables40€497€5k▲
Other amounts receivable41€750€750=
Cash at bank and in hand54/58€19k€34k▲
Equity and liabilities
Total equity and liabilities10/49€141k€149k▲
Equity10/15€91k€46k▼
Contributions10/11€6k€19k▲
Reserves13€85k€27k▼
Tax-exempt reserves132€27k€27k=
Distributable reserves133€57k€0▼
Profit (loss) carried forward14€31€21▼
Amounts payable17/49€50k€103k▲
Amounts payable after more than one year17€4k€0▼
Financial debts170/4€4k€0▼
Amounts payable within one year42/48€47k€103k▲
Current portion of amounts payable after more than one year42€15k€4k▼
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€11k€11k▲
Taxes450/3€8k€9k▲
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€19k€85k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€19k€52k▲
Operating profit (loss)9901€5k€39k▲
Financial income75/76B€15€118▲
Recurring financial income75€15€118▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€2k€37k▲
Income taxes67/77€2k€9k▲
Profit (loss) for the period9904€389€28k▲
Profit (loss) for the period to be appropriated9905€389€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€28k▲
Profit (loss) brought forward from the previous period14P€1k€31▼
Transfer from equity791/2€19k€57k▲
Transfer to equity691/2€1k€0▼
To other reserves6921€1k€0▼
Profit to be distributed694/7€19k€85k▲
Return on contributions (dividend)694€19k€85k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €12k | €12k | €12k | €12k | ▼ 2.4% |
| Other operating charges640/8 | €1k | €1k | €5k | €2k | €1k | ▼ 23.6% |
| Gross operating margin9900 | €37k | €22k | €23k | €19k | €52k | ▲ 172% |
| Operating profit (loss)9901 | €24k | €9k | €5k | €5k | €39k | ▲ 640% |
| Financial income75/76B | €2 | €0 | €288 | €15 | €118 | ▲ 670% |
| Recurring financial income75 | €2 | €0 | €288 | €15 | €118 | ▲ 670% |
| Financial charges65/66B | €1k | €1k | €3k | €3k | €2k | ▼ 37.1% |
| Recurring financial charges65 | €1k | €1k | €3k | €3k | €2k | ▼ 37.1% |
| Profit (loss) for the period before taxes9903 | €23k | €8k | €3k | €2k | €37k | ▲ 1,495% |
| Income taxes67/77 | €6k | €4k | €2k | €2k | €9k | ▲ 362% |
| Profit (loss) for the period9904 | €17k | €4k | €880 | €389 | €28k | ▲ 7,131% |
| Profit (loss) for the period to be appropriated9905 | €17k | €4k | €880 | €389 | €28k | ▲ 7,131% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €188k | €215k | €152k | €141k | €149k | ▲ 5.5% |
| Fixed assets21/28 | €148k | €139k | €133k | €121k | €109k | ▼ 9.9% |
| Tangible fixed assets22/27 | €148k | €139k | €133k | €121k | €109k | ▼ 9.9% |
| Land and buildings22 | €139k | €131k | €122k | €114k | €106k | ▼ 7.3% |
| Furniture and vehicles24 | €3k | €4k | €4k | €3k | €1k | ▼ 47.1% |
| Other tangible fixed assets26 | €6k | €4k | €7k | €4k | €2k | ▼ 56.0% |
| Financial fixed assets28 | €90 | €90 | €90 | €90 | €90 | = |
| Current assets29/58 | €40k | €76k | €19k | €20k | €40k | ▲ 97.9% |
| Stocks and contracts in progress3 | - | €15k | €0 | - | - | - |
| Contracts in progress37 | - | €15k | €0 | - | - | - |
| Amounts receivable within one year40/41 | €14k | €29k | €8k | €1k | €6k | ▲ 386% |
| Trade receivables40 | €14k | €28k | €7k | €497 | €5k | ▲ 969% |
| Other amounts receivable41 | €379 | €2k | €242 | €750 | €750 | = |
| Current investments50/53 | €10k | €10k | €0 | - | - | - |
| Cash at bank and in hand54/58 | €16k | €22k | €12k | €19k | €34k | ▲ 78.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €188k | €215k | €152k | €141k | €149k | ▲ 5.5% |
| Equity10/15 | €104k | €108k | €109k | €91k | €46k | ▼ 49.3% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €19k | ▲ 200% |
| Reserves13 | €98k | €102k | €102k | €85k | €27k | ▼ 67.6% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Tax-exempt reserves132 | €27k | €27k | €27k | €27k | €27k | = |
| Distributable reserves133 | €68k | €73k | €74k | €57k | €0 | ▼ 100% |
| Profit (loss) carried forward14 | €496 | €152 | €1k | €31 | €21 | ▼ 33.3% |
| Amounts payable17/49 | €84k | €107k | €43k | €50k | €103k | ▲ 104% |
| Amounts payable after more than one year17 | €48k | €33k | €19k | €4k | €0 | ▼ 100% |
| Financial debts170/4 | €48k | €33k | €19k | €4k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €36k | €74k | €25k | €47k | €103k | ▲ 121% |
| Current portion of amounts payable after more than one year42 | €14k | €14k | €15k | €15k | €4k | ▼ 74.8% |
| Financial debts43 | €858 | €2k | €0 | - | - | - |
| Credit institutions430/8 | €858 | €2k | €0 | - | - | - |
| Trade debts44 | €2k | €43k | €4k | €2k | €2k | ▼ 3.4% |
| Suppliers440/4 | €2k | €43k | €4k | €2k | €2k | ▼ 3.4% |
| Advances received on contracts in progress46 | €15k | €6k | €0 | - | - | - |
| Taxes, remuneration and social security45 | €4k | €9k | €6k | €11k | €11k | ▲ 5.2% |
| Taxes450/3 | €2k | €7k | €3k | €8k | €9k | ▲ 6.7% |
| Remuneration and social security454/9 | €2k | €2k | €3k | €3k | €3k | ▲ 0.5% |
| Other amounts payable47/48 | - | €194 | €0 | €19k | €85k | ▲ 360% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €4k | €880 | €389 | €28k | ▲ 7,131% |
| + Depreciation and write-downs630 | €11k | €12k | €12k | €12k | €12k | ▼ 2.4% |
| Operating cash flow (approximation) | €29k | €16k | €13k | €13k | €40k | ▲ 217% |
| Investment in fixed assets (approximation) | - | €-3k | €-7k | €0 | €0 | - |
| Change in cash | - | €6k | €-10k | €7k | €15k | ▲ 102% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
15-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €389 ▼55.8%
Net result drops to €389, the lowest in the series; recovery starts the following year.
04-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-09
Financial
Equity above €100kEq €104k ▲16.1%
4 profitable years in a row build equity to €104k.
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Kortrijk · 1 establishment unit since 2015
Ground area
519 m²
Building footprint
126 m²
Volume, LiDAR
689 m³
Parcel 34026A0158/00B002, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
projeKD
since 20152.238.540.066
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34026A0158/00B002 | Flanders | 519 m² | 1 · 126 m² | 8.5 m · 2 fl. |
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
Avanti
BE 0783.587.477
Houthalen-Helchteren · Eq €45,925
Scalify
BE 0803.630.449
Sint-Martens-Latem · Eq €46,060
Datavisor Consulting
BE 1025.095.901
Antwerpen · Eq €45,878
CLANICO
BE 0797.912.694
Knokke-Heist · Eq €46,081
CJ4U
BE 0752.656.454
Seneffe · Eq €46,089
Of 24,515 companies in sector 82990 we hold annual accounts for 9,408. 6,852 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
Founded09-01-2015
Fiscal year end30-09
Activities, NACEBEL 2025
82990Other business support services
68121Development of residential building projects
68122Development of non-residential building projects
Scores and ratios are computed by Checked and are not a credit decision.