TOTAL PROJECTS
ActiveSummary
The computed 12-month bankruptcy probability of TOTAL PROJECTS is 6.1% (elevated). The 2024 annual accounts show negative equity (-€31,224) and a net result of -€51,224. Its solvency ranks better than 5% of 36377 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
6.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.6; short-term debt: 129% and cash: 49.6% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
-168.2%
Return on assets
-276%
Age of the figures
21 mo
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 1 day before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€31,224
Total assets
€18,561
Net result
-€51,224
Working capital
-€9,476
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €18,561
Fixed assets
€4,096
Current assets
€14,465
Key figures and ratios
EBITDA
-€46,131
Cash flow
-€49,214
Solvency
-168.2%
Current ratio
0.60
Debt to equity
-1.59
ROA
-276.0%
Interest coverage
-18.61
Debt
€49,785
Debt ≤ 1 year
€23,941
Debt > 1 year
€25,844
Income taxes
€679
Annual accounts
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,010 |
| Other operating charges640/8 | €10,098 |
| Gross operating margin9900 | -€36,033 |
| Operating profit (loss)9901 | -€48,141 |
| Financial income75/76B | €75 |
| Recurring financial income75 | €75 |
| Financial charges65/66B | €2,479 |
| Recurring financial charges65 | €2,479 |
| Profit (loss) for the period before taxes9903 | -€50,545 |
| Income taxes67/77 | €679 |
| Profit (loss) for the period9904 | -€51,224 |
| Profit (loss) for the period to be appropriated9905 | -€51,224 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €18,561 | |
| Fixed assets21/28 | €4,096 | |
| Tangible fixed assets22/27 | €4,096 | |
| Plant, machinery and equipment23 | €4,096 | |
| Current assets29/58 | €14,465 | |
| Amounts receivable within one year40/41 | €1,451 | |
| Other amounts receivable41 | €1,451 | |
| Cash at bank and in hand54/58 | €9,206 | |
| Deferred charges and accrued income490/1 | €3,809 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €18,561 | |
| Equity10/15 | -€31,224 | |
| Contributions10/11 | €20,000 | |
| Profit (loss) carried forward14 | -€51,224 | |
| Amounts payable17/49 | €49,785 | |
| Amounts payable after more than one year17 | €25,844 | |
| Financial debts170/4 | €25,844 | |
| Amounts payable within one year42/48 | €23,941 | |
| Current portion of amounts payable after more than one year42 | €18,243 | |
| Trade debts44 | €5,019 | |
| Suppliers440/4 | €5,019 | |
| Taxes, remuneration and social security45 | €679 | |
| Taxes450/3 | €679 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | -€51,224 |
| + Depreciation and write-downs630 | €2,010 |
| Operating cash flow (approximation) | -€49,214 |
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
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Wommelgem · 1 establishment unit since 2023
Ground area
222 m²
Building footprint
109 m²
Volume, LiDAR
909 m³
Parcel 11052A0155/00A002, Flanders · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
TOTAL PROJECTS
since 20232.351.836.660
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052A0155/00A002 | Flanders | 222 m² | 1 · 109 m² | 9.0 m · 3 fl. |
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.
Similar companies · same sector and region
ALGEMENE ELEKTRICITEITSWERKEN K. VERBEKE
BE 0839.702.472
Wommelgem
AMPERA PROJECTS
BE 0843.939.293
Wommelgem
AMPURA
BE 1042.402.283
Wommelgem
Antwerpairco
BE 0465.618.410
Wommelgem
AVO Elektriciteit
BE 0780.566.126
Wommelgem
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 22,831 companies in sector 43211 we hold annual accounts for 10,327. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
Scores and ratios are computed by Checked and are not a credit decision.