Skip to content

Gproject

Active
Private limited company·Interieurontwerp· 4 yrs active
Keuveldstraat 2 ·3670 Oudsbergen, Belgium
KBO/BCE: BE 0778.853.580
Watch Print / PDF
Age4 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Gproject is 0.7% (low). The 2024 annual accounts show equity of €100k and a net result of €28k. Equity is growing by ~40.8% per year across the filed fiscal years. Its solvency ranks better than 26% of 1482 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Signals

2 signals · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 16 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 23-06-2025 38 d early 2025-00163336
31-12-2023 31-07-2024 24-06-2024 37 d early 2024-00152343
31-12-2022 31-07-2023 14-07-2023 17 d early 2023-00255965

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.7% Low
0%0,5%1,5%4%10%≥25%
Young company +Lower-failure-rate sector

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€28k-17.9%
Working capital€15k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 23-06-2025 with the NBB · fiscal year 2024 · micro
€0€20k€40k€60kOperating result 2022: €49k€49kNet result 2022: €35k€35kOperating result 2023: €46k€46kNet result 2023: €34k€34kOperating result 2024: €56k€56kNet result 2024: €28k€28k202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~40.8%/year over 3 fiscal years, indicative, assuming unchanged policy.
€0€50k€100k€150k€200k2025: €130k (€122k - €138k)2026: €160k (€152k - €168k)2027: €190k (€182k - €198k)2022: €40k2023: €73k2024: €100k202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 74 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 21.0% 50.1%
better than 26% of 1482 sector peers
Net result €28k €12k
better than 69% of 1484 sector peers
Equity €100k €32k
better than 84% of 1484 sector peers
Gross operating margin €71k €28k
better than 79% of 1482 sector peers
Total assets €477k €74k
better than 95% of 1482 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P26
2022: P59 · n=7732023: P25 · n=11652024: P26 · n=14822022 2024
Weakening position over 2022-2024 · n=773-1482
Net result P69
2022: P78 · n=7742023: P76 · n=11642024: P69 · n=14842022 2024
Stable position over 2022-2024 · n=774-1484
Equity P84
2022: P67 · n=7742023: P79 · n=11662024: P84 · n=14842022 2024
Improving position over 2022-2024 · n=774-1484
Gross operating margin P79
2022: P73 · n=7742023: P75 · n=11632024: P79 · n=14822022 2024
Stable position over 2022-2024 · n=774-1482
Describes the position versus peers, not a forecast.
EBITDA
€70k
+40.6% 22-24
Net profit
€28k
-17.9% 22-24
Cash flow
€42k
+11.6% 22-24
Total assets
€477k
+8.2% 22-24
Equity
€100k
+36.7% 22-24
Working capital
€15k
- 22-24
Income taxes
€11k
+20.1% 22-24
Dividends
€859
+3.1% 22-24
Show 10 other metrics
Debt
€377k
+2.5% 22-24
Debt ≤ 1y
€122k
+19.3% 22-24
Debt > 1y
€252k
-5.1% 22-24
Current ratio
1.12
+24.0% 22-24
Quick ratio
1.12
+24.0% 22-24
Solvency
21.0%
+26.4% 22-24
Debt / equity
3.76
-25.0% 22-24
ROE
27.7%
-40.0% 22-24
ROA
5.8%
-24.1% 22-24
Interest coverage
3.92
-73.0% 22-24
Figures by fiscal year
Fiscal year2024
Depositmicro
Revenue-
EBITDA€70k
Net profit€28k
Cash flow€42k
Staff costs-
Income taxes€11k
Dividends€859
Total assets€477k
Equity€100k
Debt€377k
of which ≤ 1y€122k
of which > 1y€252k
Working capital€15k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.12
Quick ratio1.12
Working capital ratio3.1%
Solvency21.0%
Debt / equity3.76
Long-term debt ratio2.52
Interest coverage3.92
Gross margin-
Net margin-
ROA5.8%
ROE27.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€477k
Fixed assets 21/28€340k
Tangible fixed assets 22/27€340k
Current assets 29/58€137k
Amounts receivable within one year 40/41€109k
Cash & bank 54/58€26k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€477k
Equity 10/15€100k
Contributions / capital 10/11€6k
Reserves 13€94k
Amounts payable 17/49€377k
Amounts payable after one year 17€252k
Amounts payable within one year 42/48€122k
Trade debts payable within one year 44€12k
Income statement
Gross operating margin 9900€71k
Operating result 9901€56k
Financial income 75€1k
Financial charges 65€18k
Result before taxes 9903€39k
Income taxes 67/77€11k
Net result for the period 9904€28k
Result to be appropriated 9905€28k
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
68 / 100 Healthy
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
2 companies at this address See who is registered here

Establishment units

1 location
Gproject
Keuveldstraat 2, 3670 OudsbergenVervaardiging van beddengoed, tafellinnen en textielwaren voor huishoudelijk gebruik
since 20212.325.450.779
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,037 m²
Buildings1
Building footprint475 m²
Volume (LiDAR)7 m³
Tallest building0.9 m

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72022B1080/00W000 Flanders 1,037 m² 1 · 475 m² 0.9 m
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts
Address history · 1
14-06-2024
Registered-office move
All acts · 1 updated 2 years ago
2024
14-06-2024 Registered office moved within Oudsbergen Registered-office change
  • Erfstraat 3, 3670 Oudsbergen → Keuveldstraat 2 Bus 1, 3670 Oudsbergen

Analysis

Financial profile

5 of 5 axes measured
Health68Profitability100Solvency30Growth52Stability94
69 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 68
Profitability 100
Solvency 30
Growth 52
Stability 94

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Activiteiten van interieurdecorateurs74104Interieurontwerp74130Schrijnwerk43320Schrijnwerk43320Plaatsen van vloer- en wandtegels43331Plaatsen van vloer- en wandtegels43331Plaatsen van vloerbedekking en wandbekleding van hout43332Plaatsen van vloerbedekking en wandbekleding van hout43332Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen43333Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen43333Overige werkzaamheden in verband met de afwerking van gebouwen43350Overige werkzaamheden in verband met de afwerking van gebouwen43390
Primary activity highlighted.
Names & trade names
Legal nameNL Gproject
Registered office
Keuveldstraat 2 bus 1
3670 Oudsbergen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.