S&S PROJECTS
ActiveThe computed 12-month bankruptcy probability of S&S PROJECTS is 2.0% (moderate). The 2025 annual accounts show equity of €2k and a net result of €12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 27450 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+24
Solvency27▲+10
Growth32=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 27450 sector peers (2025).
NBB · sector comparisonPosition among 27450 sector peers
Solvency
better than 10%
← weakest
strongest →
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 27-03-2026, 34 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
34 d early
2024
42 d early
2023
40 d early
2022
39 d early
2021
31 d early
2020
35 d early
2019
28 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2k
2024 · €-10k
2019: €37k
2020: €42k
2021: €37k
2022: €-4k
2023: €-6k
2024: €-10k
2019 → 2025
Total assets
€72k▼ 40.3%
2024 · €120k
2019: €47k
2020: €52k
2021: €77k
2022: €55k
2023: €43k
2024: €120k
2019 → 2025
Net result
€12k
2024 · €-4k
2019: €19k
2020: €4k
2021: €-5k
2022: €-40k
2023: €-3k
2024: €-4k
2019 → 2025
Working capital
€-52k▲ 33.2%
2024 · €-78k
2019: €35k
2020: €36k
2021: €27k
2022: €-12k
2023: €1k
2024: €-78k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€-4k€-6k▼ 72.1%€-10k▼ 66.6%€2k
Operating result€-5k-€-40k▼ 687%€-3k▲ 93.6%€-4k▼ 52.5%€12k
Net result€-5k-€-40k▼ 665%€-3k▲ 93.7%€-4k▼ 59.0%€12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €12k after a loss of €4k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72k
Fixed assets
€53k▼ 24.6%
Current assets
€19k▼ 62.7%
Equity and liabilities €72k
Equity
€2k
Debt
€70k
Debt finances 97.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€29k▲
2024 · €13k
Cash flow
€29k▲
2024 · €13k
Solvency
2.2%▲
2024 · -8.4%
Current ratio
0.26▼
2024 · 0.39
Quick ratio
0.26▼
2024 · 0.39
Debt / equity
43.58▲
2024 · -12.93
ROE
725.7%
ROA
16.3%▲
2024 · -3.3%
Interest coverage
199.78▲
2024 · 65.79
Debt
€70k▼
2024 · €131k
Debt ≤ 1 year
€70k▼
2024 · €127k
Debt > 1 year
€0▼
2024 · €3k
Income taxes
€226▼
2024 · €273
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€120k€72k▼
Fixed assets21/28€71k€53k▼
Tangible fixed assets22/27€71k€53k▼
Furniture and vehicles24€67k€50k▼
Other tangible fixed assets26€3k€3k▼
Financial fixed assets28€300€300=
Current assets29/58€50k€19k▼
Amounts receivable within one year40/41€46k€11k▼
Trade receivables40€14k€11k▼
Other amounts receivable41€32k€855▼
Cash at bank and in hand54/58€4k€7k▲
Deferred charges and accrued income490/1€59€230▲
Equity and liabilities
Total equity and liabilities10/49€120k€72k▼
Equity10/15€-10k€2k▲
Contributions10/11€19k€19k=
Reserves13€18k€18k=
Distributable reserves133€18k€18k=
Profit (loss) carried forward14€-47k€-35k▲
Amounts payable17/49€131k€70k▼
Amounts payable after more than one year17€3k€0▼
Financial debts170/4€3k€0▼
Amounts payable within one year42/48€127k€70k▼
Current portion of amounts payable after more than one year42€6k€3k▼
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€760€1k▲
Taxes450/3€760€707▼
Remuneration and social security454/9-€522
Other amounts payable47/48€116k€63k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k▲
Other operating charges640/8€1k€967▼
Non-recurring operating charges66A€0-
Gross operating margin9900€15k€30k▲
Operating profit (loss)9901€-4k€12k▲
Financial income75/76B€332€360▲
Recurring financial income75€332€360▲
Financial charges65/66B€204€146▼
Recurring financial charges65€204€146▼
Profit (loss) for the period before taxes9903€-4k€12k▲
Income taxes67/77€273€226▼
Profit (loss) for the period9904€-4k€12k▲
Profit (loss) for the period to be appropriated9905€-4k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-47k€-35k▲
Profit (loss) brought forward from the previous period14P€-43k€-47k▼
The notes to these accounts (12 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
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €12k
Net result €12k after 4 loss-making years.
19-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €-40k
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
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, Damme · 1 establishment unit since 2018
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.
Heitegemstraat 38340 DammeGround area
900 m²
Building footprint
186 m²
Volume, LiDAR
1,442 m³
Parcel 31023D0084/00X002, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
S&S PROJECTS
since 20182.280.260.657
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31023D0084/00X002 | Flanders | 900 m² | 1 · 186 m² | 11.9 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
M. CLERCQ
BE 0431.625.650
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B-SIX
BE 1008.095.165
Esneux · Eq €2k
WINSOLAR
BE 0765.871.418
Maasmechelen · Eq €2k
Facero
BE 0794.969.141
Mortsel · Eq €2k
PROBALUX
BE 0755.421.548
Musson · Eq €2k
Of 20,031 companies in sector 43320 we hold annual accounts for 9,133. 1,222 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-09-2018
Fiscal year end30-09
Activities, NACEBEL
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.