Active BE 1000.165.713Private limited company

PROJET MG

Résidence Bois de Courrière(Be) 14 ·7100 La Louvière, Belgium· 2 yrs active

Sector: Overige bouwinstallatie (43240)

Conclusion Checked

The computed 12-month bankruptcy probability of PROJET MG is 3.0% (moderate). The 2024 annual accounts show equity of €16k and a net result of €11k. Its solvency ranks better than 37% of 11087 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€16k
Net result	€11k
Better than sector	37%
Active	2 yrs

Snowflake analysis 4 of 5 axes measured · computed by Checked

75 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 78

Profitability 100

Solvency 56

Growth -

Stability 67

Bankruptcy probability (12 mo) Checked model v1 · free

3.0% Moderate

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Young company

Founded in 2023, under 3 years, statistically higher risk.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

78 / 100 Excellent

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview1 NBB filings

Annual accounts filed on 24-07-2025 with the NBB · fiscal year 2024 · micro

Sector comparison

Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	30.5%	40.9%	better than 37% of 11087 sector peers
Net result	€11k	€11k	better than 49% of 11069 sector peers
Equity	€16k	€34k	better than 29% of 11090 sector peers
Gross operating margin	€23k	€35k	better than 38% of 11060 sector peers
Staff costs	€2k	€25k	higher than 23% of 4038 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€16k
Net profit	€11k
Cash flow	€11k
Staff costs	€2k
Income taxes	€4k
Dividends	-
Total assets	€52k
Equity	€16k
Debt	€36k
of which ≤ 1y	€36k
of which > 1y	-
Working capital	€13k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	1.37
Quick ratio	1.37
Working capital ratio	25.9%
Solvency	30.5%
Debt / equity	2.28
Long-term debt ratio	-
Interest coverage	50.56
Gross margin	-
Net margin	-
ROA	20.8%
ROE	68.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €2k · 4.7% Current assets €49k · 95.3%

Equity & liabilities

Equity €16k · 30.5% Debt €36k · 69.5%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€52k
Fixed assets	21/28	€2k
Tangible fixed assets	22/27	€2k
Current assets	29/58	€49k
Amounts receivable within one year	40/41	€27k
Cash & bank	54/58	€21k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€52k
Equity	10/15	€16k
Contributions / capital	10/11	€5k
Reserves	13	€11k
Amounts payable	17/49	€36k
Amounts payable within one year	42/48	€36k
Trade debts payable within one year	44	€28k
Income statement
Gross operating margin	9900	€23k
Operating result	9901	€16k
Financial charges	65	€309
Result before taxes	9903	€15k
Income taxes	67/77	€4k
Net result for the period	9904	€11k
Result to be appropriated	9905	€11k

Ratios computed by Checked.

Directors & mandates 2 directors

Former directors (2)

DENUIT SARAH
Director
State Gazette act 25016411 (31-01-2025)

Former
31-12-2024 → 30-06-2025
2 events
- 30-06-2025 Resigned· Director
- 31-12-2024 Appointed· Director
GYBELS Mathieu
Director
State Gazette act 25016411 (31-01-2025)

Former
- → 31-12-2024

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Overige bouwinstallatie(43240)
Legal form	Private limited company(610)
Incorporation	22-09-2023
Status	Active
Postal code	7100

Establishment units 1 location

PROJET MG

Résidence Bois de Courrière(Be) 14, 7100 La LouvièreReparatie en onderhoud van elektrische apparatuur

since 20232.351.183.988

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
55573C0352/00Y008	Wallonia	1,288 m²	1 · 121 m²	18.4 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 3 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

27-08-2025

State Gazette act Director changes

24-07-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

31-01-2025

State Gazette act Director changes

Belgisch Staatsblad, acts 2 acts

All acts · 2 updated 11 months ago

2025

27-08-2025 DENUIT Sarah resigns as director Director changes

DENUIT Sarah, Bestuurder

Original publication ↗

Technical details

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31-01-2025 1 director appointed, 1 resigning Director changes

DENUIT SARAH, Bestuurder
GYBELS Mathieu, Bestuurder

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

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Company registry (CBE) Crossroads Bank

Activities

Overige bouwinstallatie43240Overige bouwinstallatie, n.e.g.43299Schrijnwerk43320Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Schrijnwerk43320Schrijnwerk43320Dakwerkzaamheden43410Dakwerkzaamheden43910Handelsbemiddeling in goederen, algemeen assortiment46190Handelsbemiddeling in de niet-gespecialiseerde groothandel46190

Primary activity highlighted.

Names & trade names

Legal nameFR

PROJET MG

Registered office

Résidence Bois de Courrière(Be) 14

7100 La Louvière, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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