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SKY PROJECTS

Active
Private limited companyfounded 200917 years activeCondorlaan 8, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0818.279.726
Summary

The computed 12-month bankruptcy probability of SKY PROJECTS is 5.7% (elevated). The 2025 annual accounts show negative equity (-€56,984) and a net result of €84,799. Equity is shrinking by ~31.7% per year across the filed fiscal years. Its solvency ranks better than 18% of 16,193 sector peers (NACE 56, fiscal year 2025). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Cafés and bars
NACE 56301
1 site
Size
€247,448total assets 2025
Equity
-€56,984
Profit
€84,799
Financial health
37 Weak Checked score 2025
Bankruptcy probability, 12 months
5.7%
Structure
Accounts 1 day early0 of 4 deeds read
Why 37- 1 change of registered office in 24 months- Sector Food and beverage service activities (NACE 56)- 1 of the last 3 late- Liquidity: current ratio 0.81, cash €301, halvedShow the evidence

Checked score

Score 2025
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 49% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Weak
Solvency 2+2
equity -23.0% of total assets
Liquidity 0-50
short-term debt 122.4% · cash 0.1%
Profitability 100+42
return on assets 34.3%
Bankruptcy probability, 12 months
5.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,693 companies)
Last 24 months 11-2024: 3.4% 12-2024: 3.3%▼ -0.1 percentage points vs 11-2024 01-2025: 3.6%▲ +0.3 percentage points vs 12-2024 02-2025: 3.8%▲ +0.2 percentage points vs 01-2025 03-2025: 1.3%▼ -2.5 percentage points vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.2%▼ -0.1 percentage points vs 06-2025 08-2025: 1.2%● unchanged vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025lowest value 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 3.1%▲ +1.9 percentage points vs 10-2025 12-2025: 3.0%▼ -0.1 percentage points vs 11-2025 01-2026: 3.0%● unchanged vs 12-2025 02-2026: 3.7%▲ +0.7 percentage points vs 01-2026 03-2026: 5.4%▲ +1.7 percentage points vs 02-2026 04-2026: 5.4%● unchanged vs 03-2026 05-2026: 5.4%● unchanged vs 04-2026 06-2026: 5.4%● unchanged vs 05-2026 07-2026: 5.4%● unchanged vs 06-2026 08-2026: 5.5%▲ +0.1 percentage points vs 07-2026 09-2026: 5.5%● unchanged vs 08-2026 10-2026: 5.7%▲ +0.2 percentage points vs 09-2026highest value
No credit on open account
Liquidity short (current ratio 0.81 against 0.28 in 2024; short-term debt: 122.4% and cash: 0.1% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 18% on solvency, 2% on liquidity, 93% on profitability and 83% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
+raises risk○neutral
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
raises risk · Sector Food and beverage service activities (NACE 56)
KBO
raises risk · 1 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 0.81, cash €301, halved
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 16193 sector peers (2025).
NBB · sector comparison
Position among 16193 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
3 days late
2023
41 days late
2022
7 days early
2021
3 days early
2019
72 days early
2018
34 days 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 10 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 30 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close07-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Highest result since 2019net €84,799 ▲1,281%
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€56,984 View
  • Positive: Result rose in 2025from €6,139 to €84,799 ▲ 1,281% View
  • Caution: Among the weakest 9% on equitysector median €29,252 · 16,224 companies -€56,984 View

By topic

Financials

Fiscal year
2025
Total assets
€247,448
Profit
€84,799
Solvency
-23.0%
Total assets▲ 326%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2016
Next accounts
by 31-01-2027
  1. 30-06-2024Back to profit
  2. 12-03-2024Annual accounts filed
  3. 24-01-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Cafés and barsNACE 56301
Founded
04-09-2009
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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