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PUR project

Active
Private limited companyfounded 201511 yrs activeIndustrielaan 9, 9990 Maldegem, BelgiumKBO/BCE: BE 0607.877.026
Summary

PUR project has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22,933 and a net result of €2,585. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 95% of 8061 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

What they do
Insulation installation
NACE 43230NACE 43291
1 site
How big
€23,661total assets 2025
Equity
€22,933
Profit
€2,585
Turnover not published (abridged schema)
Financially healthy?
82 Excellent Checked score 2025
Bankruptcy chance 12 m
0.9%
Who decides
Parent
Fomicom · 99.9%
Accounts 70 d early0 of 3 deeds read
Why 82- Higher-failure-rate sector+ Annual accounts: healthy financial profile+ Long track record+ Growing equityLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability65▼-35
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 32.48 against 18.25 in 2024; short-term debt: 3.1% and cash: 85.7% of total assets), and 3.1% of the assets are financed with debt.
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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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
96.9%
Return on assets
10.9%
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 11 years 0 20 y
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €22,933
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
70 d early
2024
132 d early
2023
27 d early
2022
42 d early
2021
69 d early
2020
122 d early
2019
102 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 81 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 23 May (4 of the last 5 filed years within 43 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Back to profitnet €9,572

Financials

Fiscal year 2025Total assets €23,661Profit €2,585Solvency 96.9%Liquidity 32.48
Total assets
€23,661▲ 9.9%
2018 - 2025
Net result
€2,585▼ 73.0%
2018 - 2025
Equity
€22,933▲ 12.7%
2018 - 2025
Solvency
96.9%▲ 2.4pp
2018 - 2025

Financials · fiscal year 2025, abbreviated schema

Trend over the years8 fiscal years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€4,476-€2,098▲ 53.1%-€2,146▼ 2.3%€9,813€3,516▼ 64.2%
Net result-€4,703below the sector's middle half-€2,417below the sector's middle half▲ 48.6%-€2,547below the sector's middle half▼ 5.4%€9,572within the sector's middle half€2,585within the sector's middle half▼ 73.0%
Equity€15,739below the sector's middle half▼ 23.0%€13,322below the sector's middle half▼ 15.4%€10,775below the sector's middle half▼ 19.1%€20,347below the sector's middle half▲ 88.8%€22,933below the sector's middle half▲ 12.7%
Total assets€20,506below the sector's middle half▼ 19.9%€18,040below the sector's middle half▼ 12.0%€16,718below the sector's middle half▼ 7.3%€21,527below the sector's middle half▲ 28.8%€23,661below the sector's middle half▲ 9.9%
Debt€4,768▼ 7.3%€4,718▼ 1.0%€5,943▲ 26.0%€1,179▼ 80.2%€728▼ 38.2%
Working capital€15,739below the sector's middle half▼ 22.6%€13,322below the sector's middle half▼ 15.4%€10,775below the sector's middle half▼ 19.1%€20,347below the sector's middle half▲ 88.8%€22,933within the sector's middle half▲ 12.7%
Solvency76.8%above the sector's middle half▼ 3.1pp73.8%above the sector's middle half▼ 2.9pp64.5%above the sector's middle half▼ 9.4pp94.5%above the sector's middle half▲ 30.1pp96.9%above the sector's middle half▲ 2.4pp
Current ratio4.30above the sector's middle half▼ 0.653.82above the sector's middle half▼ 0.482.81within the sector's middle half▼ 1.0118.25above the sector's middle half▲ 15.4432.48above the sector's middle half▲ 14.23
Return on assets (ROA)-22.9%below the sector's middle half▼ 43.0pp-13.4%below the sector's middle half▲ 9.5pp-15.2%below the sector's middle half▼ 1.8pp44.5%above the sector's middle half▲ 59.7pp10.9%within the sector's middle half▼ 33.5pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000Operating result 2021: -€4,476-€4,476Net result 2021: -€4,703-€4,703Operating result 2022: -€2,098-€2,098Net result 2022: -€2,417-€2,417Operating result 2023: -€2,146-€2,146Net result 2023: -€2,547-€2,547Operating result 2024: €9,813€9,813Net result 2024: €9,572€9,572Operating result 2025: €3,516€3,516Net result 2025: €2,585€2,58520212022202320242025-€5,000€0€5,000€10,000Operating result 2023: -€2,146-€2,150Net result 2023: -€2,547-€2,550Operating result 2024: €9,813€9,810Net result 2024: €9,572€9,570Operating result 2025: €3,516€3,520Net result 2025: €2,585€2,590202320242025
The operating result falls in 2025; 2025 is 64% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €23,661
Equity €22,933 ▲ 12.7%
Debt €728 ▼ 38.2%
Debt's share of the balance-sheet total falls from 5.5% to 3.1%. Equity is higher and debt is lower.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.03▼
2024 · 0.06
ROE
11.3%▼
2024 · 47.0%
Debt ≤ 1 year
€728▼
2024 · €1,179
Income taxes
€842
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95% still going

For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 34,696 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.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€21,527€23,661▲
Current assets29/58€21,527€23,661▲
Amounts receivable within one year40/41€80€2,575▲
Trade receivables40-€2,417
Other amounts receivable41€80€158▲
Cash at bank and in hand54/58€20,657€20,284▼
Deferred charges and accrued income490/1€789€802▲
Equity and liabilities
Total equity and liabilities10/49€21,527€23,661▲
Equity10/15€20,347€22,933▲
Contributions10/11€18,600€18,600=
Reserves13€7€7=
Distributable reserves133€7€7=
Profit (loss) carried forward14€1,740€4,325▲
Amounts payable17/49€1,179€728▼
Amounts payable within one year42/48€1,179€728▼
Trade debts44€500€125▼
Suppliers440/4€500€125▼
Taxes, remuneration and social security45€249€150▼
Taxes450/3€249€150▼
Other amounts payable47/48€430€454▲
Income statement Code20242025
Other operating charges640/8€528€544▲
Gross operating margin9900€10,341€4,060▼
Operating profit (loss)9901€9,813€3,516▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€240€89▼
Recurring financial charges65€240€89▼
Profit (loss) for the period before taxes9903€9,572€3,427▼
Income taxes67/77-€842
Profit (loss) for the period9904€9,572€2,585▼
Profit (loss) for the period to be appropriated9905€9,572€2,585▼
Appropriation of the result
Profit (loss) to be appropriated9906€1,740€4,325▲
Profit (loss) brought forward from the previous period14P-€7,832€1,740▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3,195€0----
Other operating charges640/8€468€469€516€528€544▲ 3.0%
Gross operating margin9900-€813-€1,629-€1,630€10,341€4,060▼ 60.7%
Operating profit (loss)9901-€4,476-€2,098-€2,146€9,813€3,516▼ 64.2%
Financial income75/76B€0---€1-
Recurring financial income75€0---€1-
Financial charges65/66B€227€319€401€240€89▼ 62.9%
Recurring financial charges65€227€319€401€240€89▼ 62.9%
Profit (loss) for the period before taxes9903-€4,703-€2,417-€2,547€9,572€3,427▼ 64.2%
Income taxes67/77€0---€842-
Profit (loss) for the period9904-€4,703-€2,417-€2,547€9,572€2,585▼ 73.0%
Profit (loss) for the period to be appropriated9905-€4,703-€2,417-€2,547€9,572€2,585▼ 73.0%
Line20212022202320242025Change
Assets
Total assets20/58€20,506€18,040€16,718€21,527€23,661▲ 9.9%
Fixed assets21/28€0-----
Financial fixed assets28€0-----
Current assets29/58€20,506€18,040€16,718€21,527€23,661▲ 9.9%
Amounts receivable within one year40/41€255€65€570€80€2,575▲ 3,099%
Trade receivables40----€2,417-
Other amounts receivable41€255€65€570€80€158▲ 96.1%
Cash at bank and in hand54/58€19,571€17,223€15,376€20,657€20,284▼ 1.8%
Deferred charges and accrued income490/1€680€752€772€789€802▲ 1.7%
Equity and liabilities
Total equity and liabilities10/49€20,506€18,040€16,718€21,527€23,661▲ 9.9%
Equity10/15€15,739€13,322€10,775€20,347€22,933▲ 12.7%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€7€7€7€7€7=
Non-distributable reserves130/1€7€7€0---
Reserves not available under the articles1311€7€7€0---
Distributable reserves133€0-€7€7€7=
Profit (loss) carried forward14-€2,868-€5,285-€7,832€1,740€4,325▲ 149%
Amounts payable17/49€4,768€4,718€5,943€1,179€728▼ 38.2%
Amounts payable within one year42/48€4,768€4,718€5,943€1,179€728▼ 38.2%
Trade debts44€333€104€13€500€125▼ 75.0%
Suppliers440/4€333€104€13€500€125▼ 75.0%
Taxes, remuneration and social security45€0-€1,053€249€150▼ 40.0%
Taxes450/3€0-€1,053€249€150▼ 40.0%
Other amounts payable47/48€4,434€4,615€4,878€430€454▲ 5.6%
Line20212022202320242025Change
Profit (loss) for the period9904-€4,703-€2,417-€2,547€9,572€2,585▼ 73.0%
Operating cash flow (approximation)-€4,703-€2,417-€2,547€9,572€2,585▼ 73.0%
Change in cash--€2,349-€1,847€5,282-€373▼ 107%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Comparable companies5

Similar companies · same sector, comparable size

Of 4,274 companies in this sector we hold annual accounts for 1,240. 890 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Board & ownership

Parent Fomicom · 99.9%

Directors

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Fomicom 99.9%
  2. PUR project

Highest known parent: Fomicom. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No directors read yet: 0 of 3 Gazette acts processed.

Timeline

14 eventsLatest 22-05-2026Next filing 31-07-2027

History

PUR project was incorporated on 27 February 2015.1 Total assets rose from €20,648 in 2018 to €23,661 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-05
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
21-03
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €9,572
Net result €9,572 after 3 loss-making years.
31-12
Financial Liquidity times 6current ratio 18.25
Current ratio from 2.81 to 18.25; short-term debt falls from €5,943 to €1,179.
04-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Weakest financial yearnet -€4,703
Net result drops to -€4,703, the lowest in the series; recovery starts the following year.
31-03
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Back to profitnet €5,140
Net result €5,140 after 2 loss-making years.
20-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
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.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Company details

Private limited company · founded 27-02-2015Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded27-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43230Insulation installation
23990Manufacture of other non-metallic mineral products
E-invoicing
Reachable via Peppol
Peppol ID 0208:0607877026
Also 9925:BE0607877026
Registered 03-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Maldegem · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
4,487 m²
Building footprint
2,580 m²
Volume, LiDAR
15,238 m³
Parcel 43010C0181/00A002, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
Industrielaan 9, 9990 Maldegem
Specialised construction activities
since 2015unit no. 2.241.438.584
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43010C0181/00A002 Flanders 4,487 m² 1 · 2,580 m² 7.0 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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