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PROJEKT & DESIGN

Active
Public limited companyfounded 1989active for 36 years't Lindeke 3, 8880 Ledegem, BelgiumKBO/BCE: BE 0439.155.523
Summary

PROJEKT & DESIGN has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,337 and a net result of €340,569. Equity is shrinking by about 29% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 8% of 9,592 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Activity
Insulation installation
NACE 43230Joinery installation NACE 43320
10th oldest company in Ledegem, Construction sector1 site
Size
€386,345total assets 2025
Staff
7 FTE
Equity
€3,337
Profit
€340,569
Turnover not published (abbreviated format)
Financial health
63 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Structure
Parent
B-HOLD · 100%
Accounts 1 day early1 of 4 deeds read
Why 63raises riskSector: Specialised construction activities (NACE 43)Equity €3,337 (0.9% of total assets)Liquidity: current ratio 1.01, cash €13,737lowers riskFounded in 1989Show the evidence

Checked score

Score 2025
63 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 27% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency 26-4
equity 0.9% of total assets
Liquidity 5+3
short-term debt 89.2% · cash 3.6%
Profitability 100+89
return on assets 88.2%
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,540 companies, NACE 43, micro)
Last 24 months 11-2024: 3.4% 12-2024: 5.0%▲ +1.6 percentage points vs 11-2024 01-2025: 5.0%● unchanged vs 12-2024 02-2025: 5.2%▲ +0.2 percentage points vs 01-2025highest value 03-2025: 3.2%▼ -2.0 percentage points vs 02-2025 04-2025: 3.2%● unchanged vs 03-2025 05-2025: 3.2%● unchanged vs 04-2025 06-2025: 3.2%● unchanged vs 05-2025 07-2025: 3.2%● unchanged vs 06-2025 08-2025: 3.2%● unchanged vs 07-2025 09-2025: 3.2%● unchanged vs 08-2025 10-2025: 3.2%● unchanged vs 09-2025 11-2025: 3.2%● unchanged vs 10-2025 12-2025: 3.2%● unchanged vs 11-2025 01-2026: 3.0%▼ -0.2 percentage points vs 12-2025 02-2026: 3.3%▲ +0.3 percentage points vs 01-2026 03-2026: 3.7%▲ +0.4 percentage points vs 02-2026 04-2026: 1.4%▼ -2.3 percentage points vs 03-2026lowest value 05-2026: 1.4%● unchanged vs 04-2026lowest value 06-2026: 1.4%● unchanged vs 05-2026lowest value 07-2026: 1.4%● unchanged vs 06-2026lowest value 08-2026: 1.4%● unchanged vs 07-2026lowest value 09-2026: 1.4%● unchanged vs 08-2026lowest value 10-2026: 1.4%● unchanged vs 09-2026lowest value
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 9% on solvency, 4% on liquidity, 93% on profitability and 4% on growth.

The bankruptcy probability was computed on 13-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Equity €3,337 (0.9% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.01, cash €13,737
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 9592 sector peers (2025).
NBB · sector comparison
Position among 9592 sector peers
Solvency
better than 8%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 27-02-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
1 day early
2022
30 days early
2021
1 day early
2019
25 days late
2018
40 days late
2017
19 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 7 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-07-2026 is due by 28-02-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
31-07-2026 year end13-10-2026 today28-02-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Algemene Vergadering - BoekjaarAmendment of the articles ·…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Back to profitnet €340,569

Key points

  • Positive: Back in profit in 2025after -€85,630 in 2024 €340,569 View
  • Caution: Among the weakest 9% on equitysector median €256,231 · 9,594 companies €3,337 View
  • Controlled by B-HOLD 100% View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Total assets
€386,345
Profit
€340,569
Solvency
0.9%
Go to Financials

Timeline

Events
40
Since
1991
Next accounts
by 28-02-2027
  1. 31-07-2025Liquidity more than doubled
  2. 27-02-2025Annual accounts filed
  3. 31-05-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Insulation installationNACE 43230
Founded
21-12-1989
Year ends
31-07
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
4
Financial year
From 1 January to 31 December
Annual meeting
Last Saturday of June at 18:00
Go to Articles of association

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