S&S PROJECTS
ActiveThe computed 12-month bankruptcy probability of S&S PROJECTS is 1.9% (moderate). The 2025 annual accounts show equity of €27k and a net result of €4k. Equity is shrinking by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 31% of 4477 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+38
Solvency48▲+8
Growth32=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.0 against 0.71 in 2024; short-term debt: 64% of total assets), and 77% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 81
Relative position
BE, all sectors
reference
Sector 81
higher
← 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
23%
Return on assets
3.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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 · 6 filingsDeviation from the deadline
2025
13 d late
2024
29 d late
2023
28 d late
2022
25 d late
2021
25 d late
2020
24 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€27k▲ 18.8%
2024 · €23k
2020: €43k
2021: €57k
2022: €60k
2023: €70k
2024: €23k
2020 → 2025
Total assets
€116k▼ 22.2%
2024 · €150k
2020: €208k
2021: €244k
2022: €273k
2023: €236k
2024: €150k
2020 → 2025
Net result
€4k
2024 · €-47k
2020: €42k
2021: €14k
2022: €4k
2023: €9k
2024: €-47k
2020 → 2025
Working capital
€307
2024 · €-24k
2020: €8k
2021: €-11k
2022: €-67k
2023: €-17k
2024: €-24k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€57k-€60k▲ 6.8%€70k▲ 15.1%€23k▼ 67.5%€27k▲ 18.8%
Operating result€18k-€4k▼ 78.0%€13k▲ 229%€-42k€7k
Net result€14k-€4k▼ 72.7%€9k▲ 138%€-47k€4k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €7k after a loss of €42k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116k
Fixed assets
€42k▼ 53.5%
Current assets
€75k▲ 24.4%
Equity and liabilities €116k
Equity
€27k▲ 18.8%
Debt
€90k▼ 29.5%
The debt ratio falls from 84.9% to 77.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59k▲
2024 · €22k
Cash flow
€56k▲
2024 · €17k
Solvency
23.0%▲
2024 · 15.1%
Current ratio
1.00▲
2024 · 0.71
Quick ratio
0.71▲
2024 · 0.45
Debt / equity
3.34▼
2024 · 5.63
ROE
15.8%▲
2024 · -208.0%
ROA
3.6%▲
2024 · -31.4%
Interest coverage
22.39▲
2024 · 4.25
Debt
€90k▼
2024 · €127k
Debt ≤ 1 year
€75k▼
2024 · €84k
Debt > 1 year
€14k▼
2024 · €43k
Staff costs
€56k▼
2024 · €72k
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€150k€116k▼
Fixed assets21/28€90k€42k▼
Intangible fixed assets21€515€1k▲
Tangible fixed assets22/27€89k€40k▼
Plant, machinery and equipment23€36k€15k▼
Furniture and vehicles24€53k€25k▼
Current assets29/58€60k€75k▲
Stocks and contracts in progress3€22k€22k=
Stocks30/36€22k€22k=
Amounts receivable within one year40/41€38k€50k▲
Trade receivables40€35k€44k▲
Other amounts receivable41€2k€6k▲
Cash at bank and in hand54/58€534-
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€150k€116k▼
Equity10/15€23k€27k▲
Contributions10/11€500€500=
Profit (loss) carried forward14€22k€26k▲
Amounts payable17/49€127k€90k▼
Amounts payable after more than one year17€43k€14k▼
Financial debts170/4€43k€14k▼
Amounts payable within one year42/48€84k€75k▼
Current portion of amounts payable after more than one year42€30k€18k▼
Financial debts43-€8k
Credit institutions430/8-€8k
Trade debts44€19k€23k▲
Suppliers440/4€19k€23k▲
Taxes, remuneration and social security45€4k-
Taxes450/3€3k-
Remuneration and social security454/9€1k-
Other amounts payable47/48€31k€26k▼
Accrued charges and deferred income492/3-€867
Income statement
Code20242025
Remuneration, social security and pensions62€72k€56k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€52k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€96k€116k▲
Operating profit (loss)9901€-42k€7k▲
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€-47k€4k▲
Profit (loss) for the period9904€-47k€4k▲
Profit (loss) for the period to be appropriated9905€-47k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€22k€26k▲
Profit (loss) brought forward from the previous period14P€69k€22k▼
The notes to these accounts (10 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
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-47k ▼614%
Net result drops to €-47k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zemst · 1 establishment unit since 2019
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.
Beekveldstraat 1A1980 ZemstGround area
4,221 m²
Building footprint
186 m²
Volume, LiDAR
806 m³
Parcel 23096A0106/00F002, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
S&S PROJECTS
since 20192.294.933.292
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23096A0106/00F002 | Flanders | 4,221 m² | 1 · 186 m² | 6.4 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,136 EUR awarded · 2,055 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 582 EUR | 501 EUR |
| 2024 | 1 | 235 EUR | 235 EUR |
| 2023 | 1 | 440 EUR | 440 EUR |
| 2022 | 1 | 879 EUR | 879 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
2 live approvals · 1 endedGroenaanleg en –beheer duaal (so)
Tuinaanlegger-groenbeheerder duaal (so)
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Of 21,219 companies in sector 81300 we hold annual accounts for 4,363. 3,317 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-10-2019
Fiscal year end31-12
Activities, NACEBEL
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.