CU PROJECTS
ActiveSummary
CU PROJECTS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2k and a net result of €95. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 34% of 15865 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability38▲+38
Solvency44▲+9
Growth52=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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
19.1%
Return on assets
0.8%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young 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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% 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 22-07-2025, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
9 d early
2023
83 d late
2022
11 d early
2021
31 d late
2020
17 d late
2019
82 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator 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 How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Is the workforce growing, and do people stay?Employer check
Financials · fiscal year 2024, micro schema
Equity
€2k▲ 4.2%
2023 · €2k
Total assets
€12k▼ 47.6%
2023 · €23k
Net result
€95
2023 · €-6k
Working capital
€-1k
2023 · €544
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€14k€14k▼ 4.4%€14k=€-5k€3k
Net result€13k€13k▼ 4.1%€9k▼ 28.0%€-6k€95
Equity€-13k▲ 49.8%€-664▲ 95.0%€8k€2k▼ 73.6%€2k▲ 4.2%
Total assets€10k▼ 59.0%€24k▲ 144%€31k▲ 26.7%€23k▼ 24.0%€12k▼ 47.6%
Debt€23k▼ 54.2%€25k▲ 6.9%€22k▼ 10.7%€21k▼ 5.2%€10k▼ 53.2%
Working capital€-18k▲ 52.8%€-664▲ 96.4%€7k€544▼ 92.6%€-1k
Staff (FTE)0.20.3▲ 50.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €3k after a loss of €5k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €12k
Fixed assets
€4k ▲ 111%
Current assets
€9k ▼ 60.1%
Equity and liabilities €12k
Equity
€2k ▲ 4.2%
Debt
€10k ▼ 53.2%
Debt's share of the balance-sheet total falls from 90.4% to 80.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€3k▲
2023 · €-5k
Cash flow
€500▲
2023 · €-6k
Current ratio
0.87▼
2023 · 1.03
Quick ratio
0.85▼
2023 · 1.03
Debt to equity
4.23▼
2023 · 9.42
ROE
4.1%▲
2023 · -278.4%
ROA
0.8%▲
2023 · -26.7%
Interest coverage
2.24▲
2023 · -4.03
Debt ≤ 1 year
€10k▼
2023 · €21k
Income taxes
€1k
Staff costs
€3k▼
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €9k | €11k | €5k | €3k | ▼ 35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €5k | €140 | €397 | €405 | ▲ 2.1% |
| Other operating charges640/8 | - | €459 | €460 | €7k | €4k | ▼ 47.5% |
| Gross operating margin9900 | €21k | €28k | €26k | €7k | €10k | ▲ 36.3% |
| Operating profit (loss)9901 | €14k | €14k | €14k | €-5k | €3k | ▲ 153% |
| Financial income75/76B | - | €3 | €3 | - | €10 | - |
| Recurring financial income75 | €0 | €3 | €3 | - | €10 | - |
| Financial charges65/66B | - | €639 | €1k | €1k | €1k | ▲ 19.7% |
| Recurring financial charges65 | €1k | €639 | €1k | €1k | €1k | ▲ 19.7% |
| Profit (loss) for the period before taxes9903 | €13k | €13k | €13k | €-6k | €1k | ▲ 121% |
| Income taxes67/77 | - | €561 | €3k | - | €1k | - |
| Profit (loss) for the period9904 | €13k | €13k | €9k | €-6k | €95 | ▲ 102% |
| Profit (loss) for the period to be appropriated9905 | €13k | €13k | €9k | €-6k | €95 | ▲ 102% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10k | €24k | €31k | €23k | €12k | ▼ 47.6% |
| Fixed assets21/28 | €5k | €0 | €2k | €2k | €4k | ▲ 111% |
| Intangible fixed assets21 | €5k | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €0 | - | €1k | €665 | €3k | ▲ 283% |
| Plant, machinery and equipment23 | - | - | €1k | €665 | €3k | ▲ 283% |
| Financial fixed assets28 | - | - | €525 | €1k | €1k | = |
| Current assets29/58 | €5k | €24k | €29k | €22k | €9k | ▼ 60.1% |
| Stocks and contracts in progress3 | - | - | - | - | €224 | - |
| Stocks30/36 | - | - | - | - | €224 | - |
| Amounts receivable within one year40/41 | €3k | €7k | €11k | €4k | €5k | ▲ 18.9% |
| Trade receivables40 | - | €6k | €10k | €626 | €812 | ▲ 29.6% |
| Other amounts receivable41 | - | €774 | €952 | €4k | €4k | ▲ 17.0% |
| Cash at bank and in hand54/58 | €2k | €17k | €18k | €17k | €3k | ▼ 80.4% |
| Deferred charges and accrued income490/1 | - | €110 | €88 | €422 | €102 | ▼ 75.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10k | €24k | €31k | €23k | €12k | ▼ 47.6% |
| Equity10/15 | €-13k | €-664 | €8k | €2k | €2k | ▲ 4.2% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €-32k | €-19k | €-10k | €-16k | €-16k | ▲ 0.6% |
| Amounts payable17/49 | €23k | €25k | €22k | €21k | €10k | ▼ 53.2% |
| Amounts payable within one year42/48 | €23k | €25k | €22k | €21k | €10k | ▼ 53.2% |
| Trade debts44 | €4k | €4k | €1k | €5k | €206 | ▼ 95.8% |
| Suppliers440/4 | - | €4k | €1k | €5k | €206 | ▼ 95.8% |
| Taxes, remuneration and social security45 | - | €1k | €732 | €1k | €1k | ▲ 16.6% |
| Taxes450/3 | - | €637 | €0 | €632 | €1k | ▲ 86.2% |
| Remuneration and social security454/9 | - | €653 | €732 | €377 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €19k | €20k | €15k | €8k | ▼ 44.1% |
| Accrued charges and deferred income492/3 | - | - | €454 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €13k | €9k | €-6k | €95 | ▲ 102% |
| + Depreciation and write-downs630 | €5k | €5k | €140 | €397 | €405 | ▲ 2.1% |
| Operating cash flow (approximation) | €18k | €18k | €9k | €-6k | €500 | ▲ 109% |
| Investment in fixed assets (approximation) | - | €0 | €-2k | €-500 | €-2k | ▼ 357% |
| Change in cash | - | €15k | €1k | €-1k | €-14k | ▼ 951% |
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
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €95
Net result €95 after one loss-making year.
22-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 83 days late
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 82 days late
2019
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
16-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 77 days late
2018
04-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 35 days late
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Brussel · 1 establishment unit since 2007
Ground area
912 m²
Building footprint
383 m²
Volume, LiDAR
8,543 m³
2 parcels, Brussels, Flanders · tallest building 27.9 m, ±8 floors. Linked by address, not a title deed.
423
companies at this address
See who is registered here
1 establishment unit
CU PROJECTS
since 20072.163.994.180
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C0630/00H003 | Brussels | 808 m² | 1 · 279 m² | 26.6 m · 8 fl. |
| 31334B0064/00_000 | Flanders | 104 m² | 1 · 104 m² | 27.9 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 192 companies in sector 46493 we hold annual accounts for 85. 10 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 (pre-2019)
Founded25-06-2007
Fiscal year end31-12
Activities, NACEBEL 2025
46493Wholesale trade
47742Retail sale of prescription glasses, lenses and sunglasses
Scores and ratios are computed by Checked and are not a credit decision.