PROJETOIT
ActiveSummary
PROJETOIT has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €58k and a net result of €15k. Equity is growing by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 45% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▲+35
Solvency67▲+34
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 1.69 against 1.08 in 2023; short-term debt: 57.8% and cash: 1.6% of total assets), but 57.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
42.2%
Return on assets
11.2%
Age of the figures
21 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 · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 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
68 d late
2023
61 d late
2022
31 d late
2021
297 d late
2020
122 d late
2019
150 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€58k▲ 36.3%
2023 · €42k
Total assets
€137k▼ 74.0%
2023 · €527k
Net result
€15k▲ 297%
2023 · €4k
Working capital
€55k▲ 44.5%
2023 · €38k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€11k▼ 34.1%€4k▼ 67.2%€5k▲ 32.7%€10k▲ 108%€32k▲ 220%
Net result€4k▼ 60.4%€1k▼ 60.7%€2k▲ 22.8%€4k▲ 112%€15k▲ 297%
Equity€35k▲ 12.0%€37k▲ 4.2%€39k▲ 5.0%€42k▲ 10.0%€58k▲ 36.3%
Total assets€493k▲ 72.9%€229k▼ 53.5%€332k▲ 44.9%€527k▲ 58.5%€137k▼ 74.0%
Debt€458k▲ 80.4%€193k▼ 57.9%€294k▲ 52.5%€484k▲ 64.8%€79k▼ 83.6%
Working capital€30k▲ 6.9%€33k▲ 10.2%€33k▼ 1.9%€38k▲ 16.6%€55k▲ 44.5%
Staff (FTE)2▲ 100%2.6▲ 30.0%2.3
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 220% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €137k
Fixed assets
€3k ▼ 36.4%
Current assets
€134k ▼ 74.3%
Equity and liabilities €137k
Equity
€58k ▲ 36.3%
Debt
€79k ▼ 83.6%
Debt's share of the balance-sheet total falls from 91.9% to 57.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€34k▲
2023 · €11k
Cash flow
€18k▲
2023 · €5k
Current ratio
1.69▲
2023 · 1.08
Debt to equity
1.37▼
2023 · 11.42
ROE
26.6%▲
2023 · 9.1%
ROA
11.2%▲
2023 · 0.7%
Interest coverage
5.11▲
2023 · 2.46
Debt ≤ 1 year
€79k▼
2023 · €484k
Income taxes
€11k▲
2023 · €2k
Staff costs
€118k▲
2023 · €108k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €117k | €106k | €108k | €118k | ▲ 9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €2k | €2k | €2k | €2k | ▲ 41.6% |
| Other operating charges640/8 | - | €4k | €6k | €3k | €15k | ▲ 411% |
| Gross operating margin9900 | €110k | €126k | €119k | €123k | €167k | ▲ 36.1% |
| Operating profit (loss)9901 | €11k | €4k | €5k | €10k | €32k | ▲ 220% |
| Financial income75/76B | - | €1k | €939 | €880 | €1k | ▲ 65.3% |
| Recurring financial income75 | €0 | €1k | €939 | €880 | €1k | ▲ 65.3% |
| Financial charges65/66B | - | €3k | €4k | €5k | €7k | ▲ 42.4% |
| Recurring financial charges65 | €4k | €3k | €4k | €5k | €7k | ▲ 42.4% |
| Profit (loss) for the period before taxes9903 | €7k | €1k | €2k | €6k | €26k | ▲ 333% |
| Income taxes67/77 | €4k | - | - | €2k | €11k | ▲ 396% |
| Profit (loss) for the period9904 | €4k | €1k | €2k | €4k | €15k | ▲ 297% |
| Profit (loss) for the period to be appropriated9905 | €4k | €1k | €2k | €4k | €15k | ▲ 297% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €493k | €229k | €332k | €527k | €137k | ▼ 74.0% |
| Fixed assets21/28 | €5k | €3k | €6k | €4k | €3k | ▼ 36.4% |
| Tangible fixed assets22/27 | €5k | €3k | €6k | €4k | €2k | ▼ 38.9% |
| Plant, machinery and equipment23 | - | €2k | €1k | €579 | - | - |
| Furniture and vehicles24 | - | €1k | €4k | €3k | €2k | ▼ 28.7% |
| Financial fixed assets28 | €270 | €270 | €270 | €270 | €270 | = |
| Current assets29/58 | €488k | €226k | €326k | €522k | €134k | ▼ 74.3% |
| Amounts receivable after more than one year29 | - | €44k | €44k | €44k | €44k | = |
| Other amounts receivable291 | - | €44k | €44k | €44k | €44k | = |
| Amounts receivable within one year40/41 | €441k | €177k | €276k | €472k | €88k | ▼ 81.3% |
| Trade receivables40 | - | €157k | €255k | €447k | €88k | ▼ 80.4% |
| Other amounts receivable41 | - | €20k | €21k | €25k | €555 | ▼ 97.8% |
| Cash at bank and in hand54/58 | €16 | €294 | €118 | €7 | €2k | ▲ 28,898% |
| Deferred charges and accrued income490/1 | - | €4k | €6k | €6k | €63 | ▼ 99.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €493k | €229k | €332k | €527k | €137k | ▼ 74.0% |
| Equity10/15 | €35k | €37k | €39k | €42k | €58k | ▲ 36.3% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | - | €6k | €6k | - | - | - |
| Issued capital100 | - | €19k | €19k | - | - | - |
| Uncalled capital101 | - | €12k | €12k | - | - | - |
| Outside capital11 | - | - | - | €6k | - | - |
| Share premium1100/10 | - | - | - | €6k | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Legal reserve130 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €27k | €29k | €30k | €34k | €50k | ▲ 44.8% |
| Amounts payable17/49 | €458k | €193k | €294k | €484k | €79k | ▼ 83.6% |
| Amounts payable within one year42/48 | €458k | €193k | €294k | €484k | €79k | ▼ 83.6% |
| Financial debts43 | - | €25k | €40k | €40k | €40k | = |
| Credit institutions430/8 | - | €25k | €40k | €40k | €40k | = |
| Trade debts44 | €159k | €159k | €93k | €50k | €7k | ▼ 85.5% |
| Suppliers440/4 | - | €159k | €93k | €50k | €7k | ▼ 85.5% |
| Advances received on contracts in progress46 | - | - | €153k | €385k | - | - |
| Taxes, remuneration and social security45 | - | €9k | €7k | €9k | €15k | ▲ 63.6% |
| Taxes450/3 | - | €1k | - | €2k | €8k | ▲ 271% |
| Remuneration and social security454/9 | - | €8k | €7k | €7k | €7k | ▼ 4.0% |
| Other amounts payable47/48 | - | - | - | - | €17k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €1k | €2k | €4k | €15k | ▲ 297% |
| + Depreciation and write-downs630 | €1k | €2k | €2k | €2k | €2k | ▲ 41.6% |
| Operating cash flow (approximation) | €5k | €3k | €4k | €5k | €18k | ▲ 224% |
| Investment in fixed assets (approximation) | - | €0 | €-5k | €0 | €-621 | - |
| Change in cash | - | €278 | €-176 | €-110 | €2k | ▲ 2,028% |
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
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
2024
31-12
Financial
Highest result since 2018net €15k ▲297%
Operating result €32k, net result €15k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 297 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
28-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 150 days late
2019
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Tubize · 1 establishment unit since 2014
Ground area
667 m²
Building footprint
900 m²
Volume, LiDAR
6,071 m³
Parcel 25105B0357/00S004, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
PROJETOIT
since 20142.237.414.173
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25105B0357/00S004 | Wallonia | 667 m² | 1 · 900 m² | 7.5 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.
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Of 8,568 companies in sector 43410 we hold annual accounts for 4,363. 3,734 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
Founded20-10-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
43990Other specialised construction activities
43421Specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.