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MANAGEMENT AND PROJECT SERVICES

Active
Private limited companyfounded 200817 yrs activeKruizemunt 12, 2160 Wommelgem, BelgiumKBO/BCE: BE 0808.292.585

MANAGEMENT AND PROJECT SERVICES has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €16k and a net result of €3k. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 11% of 37968 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
64 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability42▼-11
Solvency29▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.55 in 2023; short-term debt: 24.3% and cash: 25.4% of total assets), and 96.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 17 years 0 20 y
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 2024
Solvency, return and age of the figures
Solvency
3.7%
Return on assets
0.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 37968 sector peers (2024).
NBB · sector comparison
Position among 37968 sector peers
Solvency
better than 11%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-10-2025, 90 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2024
90 d late
2023
2 d early
2022
37 d late
2021
10 d late
2020
1 d late
2019
45 d late
2018
109 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€16k▲ 20.8%
2023 · €13k
2019: €8k 2020: €19k 2021: €35k 2022: €12k 2023: €13k
2019 → 2024
Total assets
€423k▲ 2.4%
2023 · €413k
2019: €135k 2020: €148k 2021: €127k 2022: €344k 2023: €413k
2019 → 2024
Net result
€3k▲ 198%
2023 · €911
2019: €20k 2020: €11k 2021: €17k 2022: €-23k 2023: €911
2019 → 2024
Working capital
€22k▼ 42.6%
2023 · €39k
2019: €79k 2020: €88k 2021: €105k 2022: €91k 2023: €39k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€19k-€35k▲ 89.8%€12k▼ 65.8%€13k▲ 7.5%€16k▲ 20.8%
Operating result€22k-€32k▲ 45.5%€-17k€12k€25k▲ 116%
Net result€11k-€17k▲ 52.6%€-23k€911€3k▲ 198%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20k€40kOperating result 2020: €22k€22kNet result 2020: €11k€11kOperating result 2021: €32k€32kNet result 2021: €17k€17kOperating result 2022: €-17k€-17kNet result 2022: €-23k€-23kOperating result 2023: €12k€12kNet result 2023: €911€911Operating result 2024: €25k€25kNet result 2024: €3k€3k20202021202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 116% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €423k
Fixed assets €297k▼ 1.6%
Current assets €125k▲ 13.4%
Equity and liabilities €423k
Equity €16k▲ 20.8%
Provisions €55k▼ 12.6%
Debt €352k▲ 4.5%
The debt ratio rises from 81.5% to 83.2%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€34k
2023 · €15k
Cash flow
€11k
2023 · €5k
Solvency
3.7%
2023 · 3.2%
Current ratio
1.22
2023 · 1.55
Quick ratio
1.22
2023 · 1.38
Debt / equity
22.36
2023 · 25.85
ROE
17.2%
2023 · 7.0%
ROA
0.6%
2023 · 0.2%
Interest coverage
2.65
2023 · 4.05
Debt
€352k
2023 · €336k
Debt ≤ 1 year
€103k
2023 · €71k
Debt > 1 year
€249k
2023 · €265k
Income taxes
€10k
2023 · €7k
Staff costs
€54k
2023 · €35k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€413k€423k
Fixed assets21/28€302k€297k
Tangible fixed assets22/27€302k€297k
Land and buildings22€302k€295k
Furniture and vehicles24-€3k
Current assets29/58€111k€125k
Stocks and contracts in progress3€12k-
Contracts in progress37€12k-
Amounts receivable within one year40/41€45k€5k
Trade receivables40€40k-
Other amounts receivable41€5k€5k=
Current investments50/53€1k€1k=
Cash at bank and in hand54/58€36k€108k
Deferred charges and accrued income490/1€17k€12k
Equity and liabilities
Total equity and liabilities10/49€413k€423k
Equity10/15€13k€16k
Contributions10/11€6k€6k=
Reserves13€41k€41k=
Non-distributable reserves130/1€13k€13k=
Reserves not available under the articles1311€13k€13k=
Distributable reserves133€29k€29k=
Profit (loss) carried forward14€-34k€-32k
Provisions and deferred taxes16€63k€55k
Provisions for liabilities and charges160/5€63k€55k
Pensions and similar obligations160€63k€55k
Amounts payable17/49€336k€352k
Amounts payable after more than one year17€265k€249k
Financial debts170/4€265k€249k
Amounts payable within one year42/48€71k€103k
Current portion of amounts payable after more than one year42€25k€16k
Trade debts44€20k€17k
Suppliers440/4€20k€17k
Advances received on contracts in progress46-€5k
Taxes, remuneration and social security45€19k€23k
Taxes450/3€13k€17k
Remuneration and social security454/9€6k€6k
Other amounts payable47/48€8k€42k
Income statement Code20232024
Non-recurring operating income76A€6k€35k
Remuneration, social security and pensions62€35k€54k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€9k
Other operating charges640/8€4k€8k
Gross operating margin9900€55k€96k
Operating profit (loss)9901€12k€25k
Financial income75/76B€37€516
Recurring financial income75€37€516
Financial charges65/66B€4k€13k
Recurring financial charges65€4k€13k
Profit (loss) for the period before taxes9903€8k€13k
Income taxes67/77€7k€10k
Profit (loss) for the period9904€911€3k
Profit (loss) for the period to be appropriated9905€911€3k
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€-32k
Profit (loss) brought forward from the previous period14P€-35k€-34k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
29-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 90 days late
2024
29-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Back to profitnet €911
Net result €911 after one loss-making year.
09-03
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 37 days late
2022
30-06
Financial Weakest financial yearnet €-23k ▼239%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
10-02
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
2021
30-06
Financial Liquidity doublescurrent ratio 5.79
Current ratio from 2.46 to 5.79; short-term debt falls from €60k to €22k.
01-02
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
16-03
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 45 days late
2019
20-05
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 109 days late
2018
08-02
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 8 days late
2017
02-02
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
2016
20-01
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.

Directors · office · real estate

Directors
3 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, Wommelgem · 1 establishment unit since 2008
establishment The establishment unit on the map
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.

Kruizemunt 122160 Wommelgem
Ground area
371 m²
Building footprint
134 m²
Volume, LiDAR
701 m³
Parcel 11052C0111/00F000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Management and Project Services
Kruizemunt 12, 2160 WommelgemReal estate development
since 20082.176.246.468
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11052C0111/00F000 Flanders 371 m² 1 · 134 m² 10.6 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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 2,811 EUR awarded · 2,924 EUR paid
Year Entries awardedpaid
2025 1 1,125 EUR2,625 EUR
2024 1 1,617 EUR117 EUR
2023 1 0 EUR113 EUR
2022 1 69 EUR69 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 2,811 EUR · 2,924 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 27,969 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded09-12-2008
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
71111Activities of building architects
71122Land surveying
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.