THE RUBBISH PROJECT
ActiveSummary
The computed 12-month bankruptcy probability of THE RUBBISH PROJECT is 11.8% (high). For THE RUBBISH PROJECT, at least two annual filings are missing. The 2023 annual accounts show equity of €4,405 and a net result of -€6,084. Equity has been shrinking by about 29% per year since 2021. If that trend continues, it turns negative around financial year 2025. The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 23-10-2020 Normal situation
- Registered office
- 14 active companies are registered at this address Source: KBO register, as of 3 November 2026.
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.309.035.411 1050 Elsene, since 23-10-2020
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
Shareholders
- THE ONE PROJECT50%· score 242023 annual accounts of THE ONE PROJECT
Financial position
- Bankruptcy probabilitywithin 12 months
- 11.8%
2023 figures too old to score
Annual accounts 2023
- Gross margin
- -€4,987
- Loss
- €6,084
- Equity
- €4,405
- ▼ 58.0%
- Total assets
- €18,300
- ▼ 45.1%
- 2024 accounts not filed, 460 days past the deadline
Turnover not published (abbreviated or micro format)
Signalsraises riskFigures for financial year 2023 (filed on 21-11-2024)2 financial years not filed after the legal deadline; last filed accounts filed 110 days late; 1 of the last 3 accounts lateSize: total assets €18,300Loss of €6,084 (financial year 2023)Two or more financial years not filed2023 accounts filed 110 days lateShow the evidence
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: High
Filing: At least two annual filings are missing
Financial strength, FY 2023 · tick: 2022
Weak
Solvency
49-7
equity 24.1% of total assets
Liquidity
16-24
short-term debt 75.9% · cash 6.1%
Profitability
0-37
return on assets -33.2%
Bankruptcy probability within 12 months
11.8%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.2%
01-2025: 4.1%▼ -0.1 percentage points vs 12-2024lowest value
02-2025: 4.1%● unchanged vs 01-2025lowest value
03-2025: 4.2%▲ +0.1 percentage points vs 02-2025
04-2025: 4.3%▲ +0.1 percentage points vs 03-2025
05-2025: 4.4%▲ +0.1 percentage points vs 04-2025
06-2025: 4.2%▼ -0.2 percentage points vs 05-2025
07-2025: 4.3%▲ +0.1 percentage points vs 06-2025
08-2025: 4.8%▲ +0.5 percentage points vs 07-2025
09-2025: 5.0%▲ +0.2 percentage points vs 08-2025
10-2025: 6.4%▲ +1.4 percentage points vs 09-2025
11-2025: 6.3%▼ -0.1 percentage points vs 10-2025
12-2025: 7.5%▲ +1.2 percentage points vs 11-2025
01-2026: 10.1%▲ +2.6 percentage points vs 12-2025
02-2026: 10.1%● unchanged vs 01-2026
03-2026: 10.5%▲ +0.4 percentage points vs 02-2026
04-2026: 9.8%▼ -0.7 percentage points vs 03-2026
05-2026: 9.7%▼ -0.1 percentage points vs 04-2026
06-2026: 9.5%▼ -0.2 percentage points vs 05-2026
07-2026: 9.5%● unchanged vs 06-2026
08-2026: 11.8%▲ +2.3 percentage points vs 07-2026highest value
09-2026: 11.8%● unchanged vs 08-2026highest value
10-2026: 11.8%● unchanged vs 09-2026highest value
11-2026: 11.8%● unchanged vs 10-2026highest value
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Signals
Six signals.
raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline03-11-2026 today
raises risk · 2023 accounts filed 110 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 18-11-2024, 110 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
110 days late
2022
31 days early
2021
59 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 3 accounts on average 7 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
Recent changes
- · Gazette deed Incorporation
Key facts about THE RUBBISH PROJECT
- What is the company number of THE RUBBISH PROJECT?
- The company number of THE RUBBISH PROJECT is 0756.962.660. The VAT number is the same number with BE in front: BE 0756.962.660.
- Where is THE RUBBISH PROJECT based?
- The registered office is at Scepterstraat 25, 1050 Elsene.Company details
- What is the legal form of THE RUBBISH PROJECT?
- The legal form of THE RUBBISH PROJECT is Private limited company (BV).
- When was THE RUBBISH PROJECT founded?
- THE RUBBISH PROJECT was founded on 23-10-2020.
- Is THE RUBBISH PROJECT still active?
- Yes, THE RUBBISH PROJECT is an active enterprise in the KBO register.
- What is the turnover of THE RUBBISH PROJECT?
- The annual accounts for financial year 2023 state no turnover. The abbreviated or micro format does not require it.Financials
- Is THE RUBBISH PROJECT profitable?
- In financial year 2023, THE RUBBISH PROJECT made a loss of €6,084.
- Where can I find the annual accounts of THE RUBBISH PROJECT?
- THE RUBBISH PROJECT filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2023.
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