Summary
CAPITAL PROJECTS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €8.97M and a net result of €192k. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 56% of 5527 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-03-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
40 d early
2023
1 d early
2022
3 d early
2021
3 d late
2020
on the day
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€8.97M▲ 2.2%
2024 · €8.78M
2018: €4.74M
2019: €4.66M
2020: €5.64M
2021: €5.56M
2022: €5.64M
2023: €5.93M
2024: €8.78M
2018 → 2025
Net result
€192k▼ 93.2%
2024 · €2.85M
2018: €-79k
2019: €-140k
2020: €978k
2021: €-136k
2022: €89k
2023: €285k
2024: €2.85M
2018 → 2025
Total assets
€15.34M▼ 5.3%
2024 · €16.20M
2018: €17.50M
2019: €16.35M
2020: €16.77M
2021: €16.08M
2022: €15.00M
2023: €14.59M
2024: €16.20M
2018 → 2025
Solvency
58.5%▲ 4.3pp
2024 · 54.2%
2018: 27.1%
2019: 28.5%
2020: 33.6%
2021: 34.6%
2022: 37.6%
2023: 40.6%
2024: 54.2%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5.56M-€5.64M▲ 1.6%€5.93M▲ 5.1%€8.78M▲ 48.0%€8.97M▲ 2.2%
Operating result€18k-€240k▲ 1,220%€543k▲ 126%€208k▼ 61.8%€277k▲ 33.3%
Net result€-136k-€89k€285k▲ 222%€2.85M▲ 899%€192k▼ 93.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 33% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.34M
Fixed assets
€12.28M ▼ 3.6%
Current assets
€3.05M ▼ 11.7%
Equity and liabilities €15.34M
Equity
€8.97M ▲ 2.2%
Provisions
€244k ▼ 7.5%
Debt
€6.12M ▼ 14.5%
Debt's share of the balance-sheet total falls from 44.2% to 39.9%. Equity is higher and debt is lower.
Key figures and ratios
ROE
2.1%▼
2024 · 32.4%
ROA
1.3%▼
2024 · 17.6%
Debt ≤ 1 year
€1.02M▼
2024 · €1.04M
Debt > 1 year
€4.77M▼
2024 · €5.58M
Income taxes
€84k▲
2024 · €47k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€16.20M€15.34M▼
Fixed assets21/28€12.74M€12.28M▼
Tangible fixed assets22/27€12.74M€12.28M▼
Land and buildings22€12.71M€12.25M▼
Furniture and vehicles24€18k€24k▲
Other tangible fixed assets26€12k€12k=
Current assets29/58€3.46M€3.05M▼
Amounts receivable within one year40/41€187k€34k▼
Trade receivables40€16k-
Other amounts receivable41€171k€34k▼
Current investments50/53-€2.27M
Cash at bank and in hand54/58€3.26M€749k▼
Deferred charges and accrued income490/1€6k€357▼
Equity and liabilities
Total equity and liabilities10/49€16.20M€15.34M▼
Equity10/15€8.78M€8.97M▲
Contributions10/11€5.50M€5.50M=
Capital10€5.50M€5.50M=
Issued capital100€5.50M€5.50M=
Reserves13€909k€863k▼
Non-distributable reserves130/1€145k€157k▲
Legal reserve130€145k€157k▲
Tax-exempt reserves132€765k€706k▼
Profit (loss) carried forward14€2.37M€2.61M▲
Provisions and deferred taxes16€264k€244k▼
Deferred taxes168€264k€244k▼
Amounts payable17/49€7.16M€6.12M▼
Amounts payable after more than one year17€5.58M€4.77M▼
Financial debts170/4€5.58M€4.77M▼
Amounts payable within one year42/48€1.04M€1.02M▼
Current portion of amounts payable after more than one year42€782k€782k=
Trade debts44€52k€40k▼
Suppliers440/4€52k€40k▼
Taxes, remuneration and social security45€8k€6k▼
Taxes450/3€8k€6k▼
Other amounts payable47/48€194k€195k▲
Accrued charges and deferred income492/3€540k€328k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€524k€533k▲
Other operating charges640/8€85k€79k▼
Gross operating margin9900€817k€888k▲
Operating profit (loss)9901€208k€277k▲
Financial income75/76B€2.80M€99k▼
Recurring financial income75€32k€99k▲
Non-recurring financial income76B€2.77M-
Financial charges65/66B€130k€119k▼
Recurring financial charges65€127k€119k▼
Non-recurring financial charges66B€3k-
Profit (loss) for the period before taxes9903€2.88M€257k▼
Transfer from deferred taxes780€20k€20k=
Income taxes67/77€47k€84k▲
Profit (loss) for the period9904€2.85M€192k▼
Transfer from tax-exempt reserves789€59k€59k=
Profit (loss) for the period to be appropriated9905€2.91M€252k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.49M€2.62M▲
Profit (loss) brought forward from the previous period14P€-415k€2.37M▲
Transfer to equity691/2€125k€13k▼
To the legal reserve6920€125k€13k▼
The notes to these accounts (7 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
09-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
21-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Highest result since 2018net €2.85M ▲899%
Net result €2.85M, the highest in the series.
30-09
Financial
Liquidity times 6current ratio 3.33
Current ratio from 0.60 to 3.33; short-term debt falls from €1.62M to €1.04M.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Back to profitnet €89k
Net result €89k after one loss-making year.
03-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 3 days late
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Back to profitnet €978k
Net result €978k after 2 loss-making years.
30-09
Financial
Liquidity quadruplescurrent ratio 1.03
Current ratio from 0.24 to 1.03; short-term debt falls from €1.64M to €1.56M.
30-09
Financial
Equity above €5MEq €5.64M ▲21%
Equity rises from €4.66M to €5.64M.
Show earlier events
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Weakest financial yearnet €-140k
Net result drops to €-140k, the lowest in the series; recovery starts the following year.
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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, Knokke-Heist · 1 establishment unit since 2005
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.
Berkenlaan 88300 Knokke-HeistGround area
1,294 m²
Building footprint
262 m²
Volume, LiDAR
1,885 m³
Parcel 31332F0360/00D000, Flanders · tallest building 13.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Capital Projects
since 20052.147.604.843
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31332F0360/00D000 | Flanders | 1,294 m² | 1 · 262 m² | 13.2 m · 2 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.
Recognitions · licences · registrations
Legal Entity Identifier
699400ULCR3UDV4JIL48
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 6,331 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-02-2005
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
68203Renting and operating of own or leased non-residential real estate, excluding land
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68329Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.