PROJET C
ActivePROJET C has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €53k and a net result of €-16k. Equity is shrinking by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 40% of 11612 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
51
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability2▲+1
Solvency69▼-10
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.71 against 1.95 in 2023; short-term debt: 55.6% and cash: 21.7% of total assets), but 55.6% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
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 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 2024Solvency, return and age of the figures
Solvency
44.4%
Return on assets
-13%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-16k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
27 d late
2022
60 d late
2021
31 d late
2020
90 d late
2019
119 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€53k▼ 22.7%
2023 · €69k
2018: €85k
2019: €84k
2020: €85k
2021: €87k
2022: €88k
2023: €69k
2018 → 2024
Total assets
€120k▼ 6.7%
2023 · €129k
2018: €159k
2019: €150k
2020: €152k
2021: €145k
2022: €148k
2023: €129k
2018 → 2024
Net result
€-16k▲ 16.4%
2023 · €-19k
2018: €2k
2019: €-593
2020: €522
2021: €2k
2022: €1k
2023: €-19k
2018 → 2024
Working capital
€47k▼ 16.6%
2023 · €57k
2018: €85k
2019: €84k
2020: €85k
2021: €61k
2022: €69k
2023: €57k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€85k-€87k▲ 1.9%€88k▲ 1.6%€69k▼ 21.4%€53k▼ 22.7%
Operating result€4k-€4k▼ 7.6%€5k▲ 27.9%€-14k€-11k▲ 24.1%
Net result€522-€2k▲ 205%€1k▼ 15.3%€-19k€-16k▲ 16.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2024 against €14k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €120k
Fixed assets
€6k▼ 50.0%
Current assets
€114k▼ 2.0%
Equity and liabilities €120k
Equity
€53k▼ 22.7%
Debt
€67k▲ 11.8%
The debt ratio rises from 46.4% to 55.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-5k▲
2023 · €-8k
Cash flow
€-9k▲
2023 · €-12k
Solvency
44.4%▼
2023 · 53.6%
Current ratio
1.71▼
2023 · 1.95
Quick ratio
1.71▼
2023 · 1.95
Debt / equity
1.25▲
2023 · 0.87
ROE
-29.4%▼
2023 · -27.1%
ROA
-13.0%▲
2023 · -14.6%
Interest coverage
-0.96▲
2023 · -2.55
Debt
€67k▲
2023 · €60k
Debt ≤ 1 year
€67k▲
2023 · €60k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€129k€120k▼
Fixed assets21/28€13k€6k▼
Intangible fixed assets21€13k€6k▼
Current assets29/58€116k€114k▼
Amounts receivable within one year40/41€90k€88k▼
Trade receivables40€89k€87k▼
Other amounts receivable41€393€518▲
Cash at bank and in hand54/58€26k€26k▼
Equity and liabilities
Total equity and liabilities10/49€129k€120k▼
Equity10/15€69k€53k▼
Contributions10/11€39k€39k=
Reserves13€7k€7k=
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€23k€8k▼
Amounts payable17/49€60k€67k▲
Amounts payable within one year42/48€60k€67k▲
Trade debts44€94€1k▲
Suppliers440/4€94€1k▲
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€2k€1k▼
Other amounts payable47/48€58k€64k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€16€16=
Gross operating margin9900€-8k€-5k▲
Operating profit (loss)9901€-14k€-11k▲
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€-18k€-16k▲
Income taxes67/77€1k-
Profit (loss) for the period9904€-19k€-16k▲
Profit (loss) for the period to be appropriated9905€-19k€-16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€8k▲
Profit (loss) brought forward from the previous period14P€15k€23k▲
Transfer from equity791/2€27k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Weakest financial yearnet €-19k ▼1491%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Back to profitnet €522
Net result €522 after one loss-making year.
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 2002
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.
Sint-Pieterssteenweg 3871040 EtterbeekGround area
287 m²
Building footprint
276 m²
Volume, LiDAR
1,728 m³
Parcel 21362B0225/00L004, Brussels · tallest building 16.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Sint-Pieterssteenweg 387, 1040 Etterbeek
since 20022.114.159.837
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0225/00L004 | Brussels | 287 m² | 1 · 276 m² | 16.3 m · 1 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
Atelier N2C
BE 0736.903.852
Braine-l'Alleud · Eq €53k
VOET OBJECTS
BE 1009.762.080
Antwerpen · Eq €53k
FABRA STUDIO
BE 0778.840.120
Sint-Lambrechts-Woluwe · Eq €53k
RAAR
BE 0544.339.947
Sint-Martens-Latem · Eq €54k
AENTIS
BE 0780.689.058
Brussel · Eq €53k
Of 3,919 companies in sector 71112 we hold annual accounts for 1,296. 1,080 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-06-2002
Fiscal year end31-12
Activities, NACEBEL
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.