PROJETO
ActiveSummary
PROJETO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €100,627 and a net result of €14,263. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 80% of 14254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▼-5
Solvency97▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 2.46 against 9.95 in 2024; short-term debt: 28.1% and cash: 48.4% of total assets), and 28.1% of the assets are financed with debt.
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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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
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
71.9%
Return on assets
10.2%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
43 d early
2023
3 d early
2022
2 d early
2021
1 d early
2020
19 d late
2019
31 d early
← 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 9 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
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. Usually files around 28 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€100,627▼ 10.4%
2024 · €112,364
Total assets
€140,047▲ 16.3%
2024 · €120,468
Net result
€14,263▼ 12.9%
2024 · €16,374
Working capital
€57,737▼ 20.4%
2024 · €72,490
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€38,626▲ 0.2%€36,504▼ 5.5%-€34,891€17,018€20,964▲ 23.2%
Net result€25,494within the sector's middle half▼ 2.0%€24,826within the sector's middle half▼ 2.6%-€35,822below the sector's middle half€16,374within the sector's middle half€14,263within the sector's middle half▼ 12.9%
Equity€106,986within the sector's middle half▲ 31.3%€131,812within the sector's middle half▲ 23.2%€95,990within the sector's middle half▼ 27.2%€112,364within the sector's middle half▲ 17.1%€100,627within the sector's middle half▼ 10.4%
Total assets€144,099below the sector's middle half▲ 14.7%€145,682below the sector's middle half▲ 1.1%€99,559below the sector's middle half▼ 31.7%€120,468below the sector's middle half▲ 21.0%€140,047within the sector's middle half▲ 16.3%
Debt€23,011▼ 23.4%€13,767▼ 40.2%€3,466▼ 74.8%€8,103▲ 134%€39,420▲ 386%
Working capital€109,493within the sector's middle half▲ 34.6%€85,477within the sector's middle half▼ 21.9%€53,998within the sector's middle half▼ 36.8%€72,490within the sector's middle half▲ 34.2%€57,737within the sector's middle half▼ 20.4%
Solvency74.2%above the sector's middle half▲ 9.4pp90.5%above the sector's middle half▲ 16.2pp96.4%above the sector's middle half▲ 5.9pp93.3%above the sector's middle half▼ 3.1pp71.9%above the sector's middle half▼ 21.4pp
Current ratio5.76above the sector's middle half▲ 2.057.21above the sector's middle half▲ 1.4517.61above the sector's middle half▲ 10.409.95above the sector's middle half▼ 7.672.46within the sector's middle half▼ 7.48
Return on assets (ROA)17.7%above the sector's middle half▼ 3.0pp17.0%above the sector's middle half▼ 0.7pp-36.0%below the sector's middle half▼ 53.0pp13.6%above the sector's middle half▲ 49.6pp10.2%above the sector's middle half▼ 3.4pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 23% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €140,047
Fixed assets
€42,890 ▲ 7.6%
Current assets
€97,157 ▲ 20.6%
Equity and liabilities €140,047
Equity
€100,627 ▼ 10.4%
Debt
€39,420 ▲ 386%
Debt's share of the balance-sheet total rises from 6.7% to 28.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€31,408▲
2024 · €25,058
Cash flow
€24,707▲
2024 · €24,414
Debt to equity
0.39▲
2024 · 0.07
ROE
14.2%▼
2024 · 14.6%
Interest coverage
140.62▲
2024 · 116.37
Debt ≤ 1 year
€39,420▲
2024 · €8,103
Income taxes
€6,478▲
2024 · €434
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,642 | €2,569 | €5,512 | €8,039 | €10,444 | ▲ 29.9% |
| Other operating charges640/8 | €1,259 | €783 | €1,331 | €1,314 | €1,851 | ▲ 40.8% |
| Gross operating margin9900 | €42,527 | €39,857 | -€28,048 | €26,372 | €33,259 | ▲ 26.1% |
| Operating profit (loss)9901 | €38,626 | €36,504 | -€34,891 | €17,018 | €20,964 | ▲ 23.2% |
| Financial income75/76B | €91 | €65 | €83 | €6 | - | - |
| Recurring financial income75 | €91 | €65 | €83 | €6 | - | - |
| Financial charges65/66B | €233 | €338 | €514 | €215 | €223 | ▲ 3.7% |
| Recurring financial charges65 | €233 | €338 | €514 | €215 | €223 | ▲ 3.7% |
| Profit (loss) for the period before taxes9903 | €38,483 | €36,231 | -€35,322 | €16,808 | €20,740 | ▲ 23.4% |
| Income taxes67/77 | €12,990 | €11,406 | €499 | €434 | €6,478 | ▲ 1,392% |
| Profit (loss) for the period9904 | €25,494 | €24,826 | -€35,822 | €16,374 | €14,263 | ▼ 12.9% |
| Profit (loss) for the period to be appropriated9905 | €25,494 | €24,826 | -€35,822 | €16,374 | €14,263 | ▼ 12.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €144,099 | €145,682 | €99,559 | €120,468 | €140,047 | ▲ 16.3% |
| Fixed assets21/28 | €11,596 | €46,438 | €42,310 | €39,874 | €42,890 | ▲ 7.6% |
| Tangible fixed assets22/27 | €11,539 | €46,381 | €42,054 | €39,618 | €42,634 | ▲ 7.6% |
| Furniture and vehicles24 | - | - | - | €3,077 | €11,606 | ▲ 277% |
| Other tangible fixed assets26 | €11,539 | €46,381 | €42,054 | €36,541 | €31,028 | ▼ 15.1% |
| Financial fixed assets28 | €56 | €56 | €256 | €256 | €256 | = |
| Current assets29/58 | €132,504 | €99,244 | €57,249 | €80,593 | €97,157 | ▲ 20.6% |
| Amounts receivable within one year40/41 | €43,596 | €35,448 | €6,117 | €13,551 | €28,415 | ▲ 110% |
| Trade receivables40 | €13,310 | €15,441 | €3,263 | €13,551 | €28,415 | ▲ 110% |
| Other amounts receivable41 | €30,286 | €20,007 | €2,854 | - | - | - |
| Cash at bank and in hand54/58 | €88,908 | €63,796 | €50,885 | €66,385 | €67,798 | ▲ 2.1% |
| Deferred charges and accrued income490/1 | - | - | €247 | €657 | €945 | ▲ 43.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €144,099 | €145,682 | €99,559 | €120,468 | €140,047 | ▲ 16.3% |
| Equity10/15 | €106,986 | €131,812 | €95,990 | €112,364 | €100,627 | ▼ 10.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €54,860 | €78,860 | €78,860 | €78,860 | €67,123 | ▼ 14.9% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €53,000 | €77,000 | €77,000 | €77,000 | €65,263 | ▼ 15.2% |
| Profit (loss) carried forward14 | €45,926 | €46,752 | €10,930 | €27,304 | €27,304 | = |
| Provisions and deferred taxes16 | €14,103 | €103 | €103 | - | - | - |
| Provisions for liabilities and charges160/5 | €14,103 | €103 | €103 | - | - | - |
| Pensions and similar obligations160 | €14,103 | €103 | €103 | - | - | - |
| Amounts payable17/49 | €23,011 | €13,767 | €3,466 | €8,103 | €39,420 | ▲ 386% |
| Amounts payable within one year42/48 | €23,011 | €13,767 | €3,251 | €8,103 | €39,420 | ▲ 386% |
| Trade debts44 | €3,966 | €2,854 | €2,751 | €974 | €1,509 | ▲ 55.0% |
| Suppliers440/4 | €3,966 | €2,854 | €2,751 | €974 | €1,509 | ▲ 55.0% |
| Taxes, remuneration and social security45 | €19,044 | €10,913 | €499 | €7,075 | €10,457 | ▲ 47.8% |
| Taxes450/3 | €19,044 | €10,913 | €499 | €7,075 | €10,457 | ▲ 47.8% |
| Other amounts payable47/48 | - | - | - | €54 | €27,453 | ▲ 50,524% |
| Accrued charges and deferred income492/3 | - | - | €216 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,494 | €24,826 | -€35,822 | €16,374 | €14,263 | ▼ 12.9% |
| + Depreciation and write-downs630 | €2,642 | €2,569 | €5,512 | €8,039 | €10,444 | ▲ 29.9% |
| Operating cash flow (approximation) | €28,136 | €27,395 | -€30,310 | €24,414 | €24,707 | ▲ 1.2% |
| Investment in fixed assets (approximation) | - | -€37,411 | -€1,385 | -€5,604 | -€13,460 | ▼ 140% |
| Change in cash | - | -€25,111 | -€12,911 | €15,501 | €1,412 | ▼ 90.9% |
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
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €16,374
Net result €16,374 after one loss-making year.
30-09
Financial
Equity above €100,000Eq €112,364 ▲17.1%
Equity rises from €95,990 to €112,364.
27-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet -€35,822
Net result drops to -€35,822, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity doublescurrent ratio 17.61
Current ratio from 7.21 to 17.61; short-term debt falls from €13,767 to €3,251.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €100,000Eq €106,986 ▲31.3%
4 profitable years in a row build equity to €106,986.
19-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
30-09
Financial
Highest result since 2018net €26,023 ▲88.9%
Net result €26,023, the highest in the series.
Show earlier events
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Sint-Genesius-Rode · 1 establishment unit since 2002
Ground area
1,744 m²
Building footprint
607 m²
Volume, LiDAR
6,829 m³
2 parcels, Brussels, Flanders · tallest building 15.8 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
PROJETO SPRL
since 20022.115.164.380
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22552G0003/00V008 | Flanders | 1,127 m² | 1 · 346 m² | 12.7 m · 3 fl. |
| 21618B0377/00Y004 | Brussels | 617 m² | 1 · 261 m² | 15.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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DEVEUX PROJECTS
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BOUWONDERNEMING DOOGHE JONAS
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H.I.T.S. INVEST
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Of 1,294 companies in sector 68122 we hold annual accounts for 904. 536 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
Founded11-10-2002
Fiscal year end30-09
Activities, NACEBEL 2025
68122Development of non-residential building projects
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
82300Organisation of conventions and trade shows
E-invoicing
Reachable via Peppol
Peppol ID
0208:0478543461
Also
9925:BE0478543461
Registered
14-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.