Sens-Projects
ActiveSummary
Sens-Projects has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.3m and a net result of -€141,949. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 65% of 177 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability19▼-35
Solvency80▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.62 against 2.45 in 2023; short-term debt: 5.7% and cash: 0% of total assets), and 44.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Manufacture of rubber and plastic products (NACE 22)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
55.3%
Return on assets
-6%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€141,949
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
on the day
2022
136 d early
2021
30 d late
2020
73 d early
2019
76 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€1.3m▼ 9.8%
2023 · €1.5m
Total assets
€2.4m▼ 8.3%
2023 · €2.6m
Net result
-€141,949▼ 196%
2023 · -€47,919
Working capital
€221,149▼ 13.5%
2023 · €255,619
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 22, Manufacture of rubber and plastic products, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€23,685▼ 19.1%-€18,690-€8,711▲ 53.4%-€18,442▼ 112%-€108,368▼ 488%
Net result€7,910within the sector's middle half▼ 30.7%-€33,690below the sector's middle half-€28,826below the sector's middle half▲ 14.4%-€47,919below the sector's middle half▼ 66.2%-€141,949below the sector's middle half▼ 196%
Equity€1.2mabove the sector's middle half▲ 2,859%€1.2mabove the sector's middle half▼ 2.8%€1.1mabove the sector's middle half▼ 2.4%€1.5mabove the sector's middle half▲ 26.4%€1.3mabove the sector's middle half▼ 9.8%
Total assets€2.2mabove the sector's middle half▲ 108%€2.1mabove the sector's middle half▼ 3.7%€2.0mabove the sector's middle half▼ 2.7%€2.6mabove the sector's middle half▲ 27.5%€2.4mabove the sector's middle half▼ 8.3%
Debt€949,729▼ 4.7%€904,315▼ 4.8%€876,575▼ 3.1%€1.1m▲ 29.0%€1.1m▼ 6.3%
Working capital-€56,121below the sector's middle half▼ 2.6%-€27,767below the sector's middle half▲ 50.5%€13,905within the sector's middle half€255,619above the sector's middle half▲ 1,738%€221,149above the sector's middle half▼ 13.5%
Solvency56.1%within the sector's middle half▲ 52.1pp56.6%above the sector's middle half▲ 0.5pp56.7%within the sector's middle half▲ 0.2pp56.2%within the sector's middle half▼ 0.5pp55.3%within the sector's middle half▼ 0.9pp
Current ratio0.44below the sector's middle half▼ 0.040.68below the sector's middle half▲ 0.241.14within the sector's middle half▲ 0.462.45within the sector's middle half▲ 1.302.62within the sector's middle half▲ 0.18
Return on assets (ROA)0.4%within the sector's middle half▼ 0.7pp-1.6%below the sector's middle half▼ 2.0pp-1.4%below the sector's middle half▲ 0.2pp-1.9%within the sector's middle half▼ 0.4pp-6.0%within the sector's middle half▼ 4.1pp
above
within
below
the middle half (P25 to P75) of NACE 22, Manufacture of rubber and plastic products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €108,368 in 2024 against €18,442 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.4m
Fixed assets
€2.0m ▼ 6.4%
Current assets
€357,368 ▼ 17.3%
Equity and liabilities €2.4m
Equity
€1.3m ▼ 9.8%
Debt
€1.1m ▼ 6.3%
Debt's share of the balance-sheet total rises from 43.8% to 44.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€32,002▼
2023 · €96,715
Cash flow
-€1,579▼
2023 · €67,238
Debt to equity
0.81▲
2023 · 0.78
ROE
-10.8%▼
2023 · -3.3%
Interest coverage
0.95▼
2023 · 4.47
Debt ≤ 1 year
€136,219▼
2023 · €176,765
Debt > 1 year
€920,316▼
2023 · €953,766
Income taxes
€0▼
2023 · €7,450
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,688 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a small loss
0.5%
went bankrupt
5.4%
stopped otherwise
94%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.0% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,688 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47,002 | €116,769 | €115,121 | €115,157 | €140,370 | ▲ 21.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €21,900 | - |
| Other operating charges640/8 | - | €1,422 | €102 | €14,488 | €25,694 | ▲ 77.3% |
| Gross operating margin9900 | €88,252 | €99,501 | €106,511 | €111,203 | €79,596 | ▼ 28.4% |
| Operating profit (loss)9901 | €23,685 | -€18,690 | -€8,711 | -€18,442 | -€108,368 | ▼ 488% |
| Financial charges65/66B | - | €15,000 | €14,431 | €22,026 | €33,581 | ▲ 52.5% |
| Recurring financial charges65 | €15,775 | €15,000 | €14,431 | €21,620 | €33,581 | ▲ 55.3% |
| Non-recurring financial charges66B | - | - | - | €406 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €7,910 | -€33,690 | -€23,142 | -€40,468 | -€141,949 | ▼ 251% |
| Income taxes67/77 | - | - | €5,684 | €7,450 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €7,910 | -€33,690 | -€28,826 | -€47,919 | -€141,949 | ▼ 196% |
| Profit (loss) for the period to be appropriated9905 | €7,910 | -€33,690 | -€28,826 | -€47,919 | -€141,949 | ▼ 196% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.2m | €2.1m | €2.0m | €2.6m | €2.4m | ▼ 8.3% |
| Fixed assets21/28 | €2.1m | €2.0m | €1.9m | €2.2m | €2.0m | ▼ 6.4% |
| Tangible fixed assets22/27 | €2.1m | €2.0m | €1.9m | €2.2m | €2.0m | ▼ 6.4% |
| Land and buildings22 | - | €2.0m | €1.9m | €2.2m | €2.0m | ▼ 6.5% |
| Plant, machinery and equipment23 | - | - | - | - | €1,692 | - |
| Furniture and vehicles24 | - | €1,084 | €868 | €651 | €434 | ▼ 33.3% |
| Current assets29/58 | €44,834 | €59,454 | €111,190 | €432,384 | €357,368 | ▼ 17.3% |
| Amounts receivable within one year40/41 | €42,035 | €59,454 | €111,190 | €432,251 | €357,368 | ▼ 17.3% |
| Trade receivables40 | - | €23,199 | €55,966 | €61,442 | €45,710 | ▼ 25.6% |
| Other amounts receivable41 | - | €36,256 | €55,224 | €370,810 | €311,658 | ▼ 16.0% |
| Cash at bank and in hand54/58 | €2,799 | - | - | €133 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.2m | €2.1m | €2.0m | €2.6m | €2.4m | ▼ 8.3% |
| Equity10/15 | €1.2m | €1.2m | €1.1m | €1.5m | €1.3m | ▼ 9.8% |
| Contributions10/11 | - | €103,600 | €103,600 | €103,600 | €103,600 | = |
| Revaluation surpluses12 | - | €1.1m | €1.0m | €1.3m | €1.2m | ▼ 7.1% |
| Reserves13 | - | €68,386 | €136,771 | €205,157 | €298,652 | ▲ 45.6% |
| Distributable reserves133 | - | €68,386 | €136,771 | €205,157 | €298,652 | ▲ 45.6% |
| Profit (loss) carried forward14 | -€54,748 | -€88,438 | -€117,264 | -€165,183 | -€307,132 | ▼ 85.9% |
| Amounts payable17/49 | €949,729 | €904,315 | €876,575 | €1.1m | €1.1m | ▼ 6.3% |
| Amounts payable after more than one year17 | €848,773 | €817,094 | €779,290 | €953,766 | €920,316 | ▼ 3.5% |
| Financial debts170/4 | - | €817,094 | €779,290 | €953,766 | €920,316 | ▼ 3.5% |
| Amounts payable within one year42/48 | €100,955 | €87,221 | €97,284 | €176,765 | €136,219 | ▼ 22.9% |
| Current portion of amounts payable after more than one year42 | - | €47,971 | €48,976 | €108,373 | €48,925 | ▼ 54.9% |
| Financial debts43 | - | €235 | €340 | - | €21 | - |
| Credit institutions430/8 | - | €235 | €340 | - | €21 | - |
| Trade debts44 | €16,750 | €27,221 | €23,912 | €32,559 | €62,001 | ▲ 90.4% |
| Suppliers440/4 | - | €27,221 | €23,912 | €32,559 | €62,001 | ▲ 90.4% |
| Taxes, remuneration and social security45 | - | €4,103 | €16,366 | €24,094 | €8,900 | ▼ 63.1% |
| Taxes450/3 | - | €4,103 | €16,366 | €24,094 | €8,900 | ▼ 63.1% |
| Other amounts payable47/48 | - | €7,691 | €7,691 | €11,739 | €16,372 | ▲ 39.5% |
| Accrued charges and deferred income492/3 | - | - | - | - | €2,354 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,910 | -€33,690 | -€28,826 | -€47,919 | -€141,949 | ▼ 196% |
| + Depreciation and write-downs630 | €47,002 | €116,769 | €115,121 | €115,157 | €140,370 | ▲ 21.9% |
| Operating cash flow (approximation) | €54,912 | €83,079 | €86,294 | €67,238 | -€1,579 | ▼ 102% |
| Investment in fixed assets (approximation) | - | -€23,046 | -€6,818 | -€351,532 | -€1,795 | ▲ 99.5% |
| Change in cash | - | - | - | - | -€133 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
31-12
Financial
Weakest financial yearnet -€141,949
Net result drops to -€141,949, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 2.45
Current ratio from 1.14 to 2.45.
17-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
19-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €1mEq €1.2m ▲2,859%
3 profitable years in a row build equity to €1.2m.
15-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 76 days late
2019
31-12
Financial
Highest result since 2018net €11,421 ▲11.7%
Operating result €29,270, net result €11,421, both a record.
14-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 75 days late
2018
07-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 99 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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.
Directors · office · real estate
Directors
5 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, Heist-op-den-Berg · 1 establishment unit since 2015
Ground area
3,428 m²
Building footprint
1,615 m²
Volume, LiDAR
154 m³
Parcel 12014K1053/00K000, Flanders · tallest building 5.0 m. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Knotwilgenweg 7, 2220 Heist-op-den-Berg
since 20152.246.009.165
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12014K1053/00K000 | Flanders | 3,428 m² | 1 · 1,615 m² | 5.0 m |
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.
Structure & network
Owners and holdings
1 ownerOwners 1
-
35%
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 current directors or connected companies found in the register.
Similar companies · same sector, comparable size
DRUKKERIJ BUROFORM
BE 0451.724.347
Mechelen · Eq €1,305,977
SNEL GRAFICS
BE 0440.957.842
Herstal · Eq €1,326,708
Unit
BE 0407.057.530
Kontich · Eq €1,290,577
SCREEN + GRAFICAL
BE 0462.043.464
Zwevegem · Eq €1,285,325
Drukkerij Bosmans
BE 0443.314.249
Lommel · Eq €1,283,831
Of 779 companies in sector 22220 we hold annual accounts for 600. 397 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-05-2015
Fiscal year end31-12
Activities, NACEBEL 2025
22220Manufacture of rubber and plastic products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0630619071
Also
9925:BE0630619071
Registered
31-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.