PROJO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.33M and a net result of €122k. Equity is growing by ~19% per year across the filed fiscal years. Its solvency ranks better than 75% of 5523 sector peers (fiscal year 2025). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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
2 d late
2024
3 d late
2023
5 d early
2022
8 d early
2021
on the day
2020
2 d early
2019
16 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.33M▼ 6.2%
2024 · €1.41M
2019: €401k
2020: €531k
2021: €758k
2022: €1.07M
2023: €1.29M
2024: €1.41M
2019 → 2025
Net result
€122k▼ 11.8%
2024 · €139k
2019: €165k
2020: €129k
2021: €227k
2022: €309k
2023: €226k
2024: €139k
2019 → 2025
Total assets
€1.69M▼ 14.9%
2024 · €1.98M
2019: €1.70M
2020: €1.87M
2021: €1.93M
2022: €2.15M
2023: €2.12M
2024: €1.98M
2019 → 2025
Solvency
78.7%▲ 7.4pp
2024 · 71.4%
2019: 23.7%
2020: 28.3%
2021: 39.4%
2022: 49.7%
2023: 61.1%
2024: 71.4%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€758k-€1.07M▲ 40.7%€1.29M▲ 21.2%€1.41M▲ 9.4%€1.33M▼ 6.2%
Operating result€301k-€467k▲ 55.2%€306k▼ 34.4%€193k▼ 37.1%€143k▼ 25.9%
Net result€227k-€309k▲ 35.8%€226k▼ 26.6%€139k▼ 38.8%€122k▼ 11.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 26% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.69M
Fixed assets
€1.36M▼ 10.1%
Current assets
€322k▼ 30.7%
Equity and liabilities €1.69M
Equity
€1.33M▼ 6.2%
Debt
€358k▼ 36.8%
The debt ratio falls from 28.6% to 21.3%. Equity and debt are lower.
Key figures and ratios
Solvency
78.7%▲
2024 · 71.4%
ROE
9.2%▼
2024 · 9.8%
ROA
7.2%▲
2024 · 7.0%
Debt
€358k▼
2024 · €567k
Debt ≤ 1 year
€125k▼
2024 · €220k
Debt > 1 year
€231k▼
2024 · €344k
Income taxes
€44k▼
2024 · €64k
Staff costs
€-5k▼
2024 · €319k
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€1.98M€1.69M▼
Fixed assets21/28€1.52M€1.36M▼
Tangible fixed assets22/27€1.52M€1.36M▼
Land and buildings22€1.41M€1.28M▼
Furniture and vehicles24€100k€71k▼
Assets under construction and advance payments27€8k€14k▲
Financial fixed assets28€40€40=
Current assets29/58€464k€322k▼
Amounts receivable within one year40/41€181k€112k▼
Trade receivables40€15k€32k▲
Other amounts receivable41€165k€79k▼
Current investments50/53€202k€158k▼
Cash at bank and in hand54/58€82k€50k▼
Deferred charges and accrued income490/1€107€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.98M€1.69M▼
Equity10/15€1.41M€1.33M▼
Contributions10/11€18k€18k=
Reserves13€1.40M€1.31M▼
Distributable reserves133€1.40M€1.31M▼
Amounts payable17/49€567k€358k▼
Amounts payable after more than one year17€344k€231k▼
Financial debts170/4€344k€231k▼
Amounts payable within one year42/48€220k€125k▼
Current portion of amounts payable after more than one year42€111k€113k▲
Trade debts44€81k€1k▼
Suppliers440/4€81k€1k▼
Taxes, remuneration and social security45€27k€9k▼
Taxes450/3€24k€9k▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€2k€3k▲
Accrued charges and deferred income492/3€4k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€319k€-5k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€169k€163k▼
Other operating charges640/8€11k€10k▼
Gross operating margin9900€691k€311k▼
Operating profit (loss)9901€193k€143k▼
Financial income75/76B€24k€29k▲
Recurring financial income75€2k€29k▲
Non-recurring financial income76B€22k-
Financial charges65/66B€14k€5k▼
Recurring financial charges65€14k€5k▼
Profit (loss) for the period before taxes9903€203k€166k▼
Income taxes67/77€64k€44k▼
Profit (loss) for the period9904€139k€122k▼
Profit (loss) for the period to be appropriated9905€139k€122k▼
Appropriation of the result
Profit (loss) to be appropriated9906€139k€122k▼
Transfer from equity791/2-€209k
Transfer to equity691/2€139k€121k▼
To other reserves6921€139k€121k▼
Profit to be distributed694/7-€210k
Return on contributions (dividend)694-€209k
Directors or managers695-€1k
Social balance
Average headcount (FTE)90876.9-
The notes to these accounts (16 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
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 2 days late
2025
30-06
Financial
Weakest financial yearnet €122k ▼11.8%
Net result drops to €122k, the lowest in the series.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 3 days late
2024
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Highest result since 2019net €309k ▲35.8%
Operating result €467k, net result €309k, both a record.
30-06
Financial
Equity above €1MEq €1.07M ▲40.7%
4 profitable years in a row build equity to €1.07M.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Equity above €500kEq €531k ▲32.2%
2 profitable years in a row build equity to €531k.
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Hasselt · 1 establishment unit since 1997
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.
Berenbroekstraat 223500 HasseltGround area
1,546 m²
Building footprint
202 m²
Volume, LiDAR
911 m³
Parcel 71322B0649/00C009, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PROJO
since 19972.082.930.587
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71322B0649/00C009 | Flanders | 1,546 m² | 1 · 202 m² | 8.2 m · 2 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.
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 12,038 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-07-1997
Fiscal year end30-06
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.