ProjetsYZ
ActiveProjetsYZ has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.19M and a net result of €762k. Equity is growing by ~37.2% per year across the filed fiscal years. Its solvency ranks better than 45% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▼-33
Solvency49▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity short (current ratio 0.74 against 0.62 in 2024; short-term debt: 24.5% and cash: 8.3% of total assets), and 75.8% 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
24.2%
Return on assets
15.5%
Age of the figures
9 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 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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
19 d late
2024
12 d late
2023
12 d early
2022
67 d late
2021
61 d late
2020
23 d late
2019
10 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€680k
EBIT margin
9.6%
Net result
€762k▲ 730%
2024 · €92k
2018: €828
2019: €5k
2020: €-35k
2021: €104k
2022: €102k
2023: €62k
2024: €92k
2018 → 2025
Working capital
€-315k▲ 25.6%
2024 · €-424k
2018: €-187k
2019: €-286k
2020: €-140k
2021: €-211k
2022: €-304k
2023: €-336k
2024: €-424k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€171k-€273k▲ 59.8%€336k▲ 22.8%€428k▲ 27.3%€1.19M▲ 178%
Operating result€173k-€187k▲ 8.5%€133k▼ 29.3%€162k▲ 22.0%€-231k
Net result€104k-€102k▼ 1.4%€62k▼ 39.0%€92k▲ 47.0%€762k▲ 730%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €231k after €162k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.91M
Fixed assets
€4.02M▲ 7.2%
Current assets
€890k▲ 27.1%
Equity and liabilities €4.91M
Equity
€1.19M▲ 178%
Debt
€3.72M▼ 7.5%
The debt ratio falls from 90.4% to 75.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-3k▼
2024 · €403k
Cash flow
€990k▲
2024 · €333k
Solvency
24.2%▲
2024 · 9.6%
Current ratio
0.74▲
2024 · 0.62
Quick ratio
0.74▲
2024 · 0.62
Debt / equity
3.13▼
2024 · 9.41
ROE
64.1%▲
2024 · 21.5%
ROA
15.5%▲
2024 · 2.1%
Interest coverage
-0.14▼
2024 · 7.10
Debt
€3.72M▼
2024 · €4.03M
Debt ≤ 1 year
€1.21M▲
2024 · €1.12M
Debt > 1 year
€2.52M▼
2024 · €2.90M
Income taxes
€278k▲
2024 · €13k
Staff costs
€77k▲
2024 · €44k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.45M€4.91M▲
Fixed assets21/28€3.75M€4.02M▲
Intangible fixed assets21-€2k
Tangible fixed assets22/27€3.67M€3.25M▼
Land and buildings22€3.30M€2.94M▼
Plant, machinery and equipment23€345k€295k▼
Furniture and vehicles24€26k€15k▼
Financial fixed assets28€85k€767k▲
Current assets29/58€700k€890k▲
Amounts receivable within one year40/41€362k€405k▲
Trade receivables40€159k€153k▼
Other amounts receivable41€203k€252k▲
Cash at bank and in hand54/58€245k€408k▲
Deferred charges and accrued income490/1€93k€77k▼
Equity and liabilities
Total equity and liabilities10/49€4.45M€4.91M▲
Equity10/15€428k€1.19M▲
Contributions10/11€19k€19k=
Reserves13€409k€1.17M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€407k€1.17M▲
Amounts payable17/49€4.03M€3.72M▼
Amounts payable after more than one year17€2.90M€2.52M▼
Financial debts170/4€2.90M€2.52M▼
Amounts payable within one year42/48€1.12M€1.21M▲
Current portion of amounts payable after more than one year42€420k€355k▼
Trade debts44€299k€273k▼
Suppliers440/4€299k€273k▼
Taxes, remuneration and social security45€18k€270k▲
Taxes450/3€12k€261k▲
Remuneration and social security454/9€5k€9k▲
Other amounts payable47/48€387k€308k▼
Income statement
Code20242025
Remuneration, social security and pensions62€44k€77k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€241k€228k▼
Other operating charges640/8€18k€20k▲
Gross operating margin9900€466k€94k▼
Operating profit (loss)9901€162k€-231k▼
Financial income75/76B€77€1.29M▲
Recurring financial income75€77€1.29M▲
Financial charges65/66B€57k€23k▼
Recurring financial charges65€57k€23k▼
Profit (loss) for the period before taxes9903€105k€1.04M▲
Income taxes67/77€13k€278k▲
Profit (loss) for the period9904€92k€762k▲
Profit (loss) for the period to be appropriated9905€92k€762k▲
Appropriation of the result
Profit (loss) to be appropriated9906€92k€762k▲
Transfer to equity691/2€92k€762k▲
To other reserves6921€92k€762k▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
31-12
Financial
Highest result since 2018net €762k ▲730%
Net result €762k, the highest in the series.
31-12
Financial
Equity above €1MEq €1.19M ▲178%
5 profitable years in a row build equity to €1.19M.
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
2022
31-12
Financial
Equity above €200kEq €273k ▲59.8%
2 profitable years in a row build equity to €273k.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 61 days late
2021
31-12
Financial
Back to profitnet €104k
Net result €104k after one loss-making year.
31-12
Financial
Equity above €150kEq €171k ▲154%
Equity rises from €67k to €171k.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 23 days late
2020
31-12
Financial
Weakest financial yearnet €-35k ▼820%
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 10 days late
2019
31-12
Financial
Equity above €100kEq €102k ▲5%
2 profitable years in a row build equity to €102k.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 10 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Spa · 1 establishment unit since 2013
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.
Balmoral 264900 SpaGround area
146 m²
Building footprint
181 m²
Volume, LiDAR
1,467 m³
Parcel 63072L0819/00A003, Wallonia · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ProjetsYZ
since 20132.216.252.733
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63072L0819/00A003 | Wallonia | 146 m² | 1 · 181 m² | 9.4 m · 3 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
JEAN - MARIE
BE 0442.755.609
Wuustwezel · Eq €1.19M
REON
BE 0415.710.623
Diepenbeek · Eq €1.19M
Les Foyers Réunis
BE 0402.136.660
Brussel · Eq €1.19M
Pobaco
BE 1003.213.887
Lochristi · Eq €1.19M
FIRMA SYMONS
BE 0411.942.073
Londerzeel · Eq €1.19M
Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 4,729 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-01-2013
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
81210General cleaning of buildings
68121Development of residential building projects
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.