P4-Projects
ActiveP4-Projects has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €177k and a net result of €70k. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 49% of 7694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+19
Solvency75▼-25
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 3.03 in 2024; short-term debt: 46.2% and cash: 59.2% of total assets), and 50.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.7%
Return on assets
19.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
28 d late
2022
19 d early
2021
31 d late
2020
20 d late
2019
13 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€177k▼ 26.3%
2024 · €240k
2018: €90k
2019: €114k
2020: €169k
2021: €191k
2022: €229k
2023: €261k
2024: €240k
2018 → 2025
Total assets
€356k▲ 13.3%
2024 · €314k
2018: €142k
2019: €197k
2020: €226k
2021: €249k
2022: €279k
2023: €333k
2024: €314k
2018 → 2025
Net result
€70k▲ 486%
2024 · €12k
2018: €24k
2019: €55k
2020: €83k
2021: €49k
2022: €56k
2023: €41k
2024: €12k
2018 → 2025
Working capital
€48k▼ 51.0%
2024 · €98k
2018: €85k
2019: €87k
2020: €56k
2021: €79k
2022: €106k
2023: €113k
2024: €98k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€191k-€229k▲ 20.1%€261k▲ 13.9%€240k▼ 8.2%€177k▼ 26.3%
Operating result€74k-€78k▲ 5.8%€44k▼ 43.5%€39k▼ 12.2%€80k▲ 106%
Net result€49k-€56k▲ 14.9%€41k▼ 26.8%€12k▼ 70.8%€70k▲ 486%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 106% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €356k
Fixed assets
€144k▼ 14.7%
Current assets
€212k▲ 45.7%
Equity and liabilities €356k
Equity
€177k▼ 26.3%
Debt
€179k▲ 142%
The debt ratio rises from 23.6% to 50.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€105k▲
2024 · €64k
Cash flow
€95k▲
2024 · €37k
Solvency
49.7%▼
2024 · 76.4%
Current ratio
1.29▼
2024 · 3.03
Quick ratio
1.29▼
2024 · 3.03
Debt / equity
1.01▲
2024 · 0.31
ROE
39.9%▲
2024 · 5.0%
ROA
19.8%▲
2024 · 3.8%
Interest coverage
61.93▲
2024 · 34.75
Debt
€179k▲
2024 · €74k
Debt ≤ 1 year
€164k▲
2024 · €48k
Debt > 1 year
€15k▼
2024 · €26k
Income taxes
€8k▼
2024 · €25k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€314k€356k▲
Fixed assets21/28€168k€144k▼
Tangible fixed assets22/27€78k€54k▼
Land and buildings22€7k€5k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€66k€45k▼
Financial fixed assets28€90k€90k=
Current assets29/58€146k€212k▲
Amounts receivable within one year40/41€3k€1k▼
Trade receivables40€0-
Other amounts receivable41€3k€1k▼
Cash at bank and in hand54/58€143k€210k▲
Deferred charges and accrued income490/1€362€362=
Equity and liabilities
Total equity and liabilities10/49€314k€356k▲
Equity10/15€240k€177k▼
Contributions10/11€19k€0▼
Reserves13€221k€177k▼
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Tax-exempt reserves132€142k€0▼
Distributable reserves133€79k€175k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€74k€179k▲
Amounts payable after more than one year17€26k€15k▼
Financial debts170/4€26k€15k▼
Amounts payable within one year42/48€48k€164k▲
Current portion of amounts payable after more than one year42€11k€11k▲
Financial debts43€15k€0▼
Other loans439€15k€0▼
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€5k€19k▲
Taxes450/3€5k€19k▲
Other amounts payable47/48€16k€130k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€25k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€66k€106k▲
Operating profit (loss)9901€39k€80k▲
Financial income75/76B€0€2▲
Recurring financial income75€0€2▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€37k€78k▲
Income taxes67/77€25k€8k▼
Profit (loss) for the period9904€12k€70k▲
Profit (loss) for the period to be appropriated9905€12k€70k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€70k▲
Profit (loss) brought forward from the previous period14P€2k€0▼
Transfer from equity791/2€30k€93k▲
Transfer to equity691/2€11k€30k▲
To other reserves6921€11k€30k▲
Profit to be distributed694/7€33k€134k▲
Return on contributions (dividend)694€33k€134k▲
The notes to these accounts (11 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €12k ▼70.8%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €229k ▲20.1%
5 profitable years in a row build equity to €229k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial
Highest result since 2018net €83k ▲50.3%
Operating result €107k, net result €83k, both a record.
31-12
Financial
Equity above €150kEq €169k ▲48.1%
3 profitable years in a row build equity to €169k.
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2019
31-12
Financial
Equity above €100kEq €114k ▲26.9%
2 profitable years in a row build equity to €114k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Wielsbeke · 1 establishment unit since 2015
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.
Guido Gezellestraat(O) 178710 WielsbekeGround area
1,716 m²
Building footprint
199 m²
Volume, LiDAR
1,487 m³
Parcel 37009A0757/00C000, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
P4-Projects
since 20152.241.423.144
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37009A0757/00C000 | Flanders | 1,715 m² | 1 · 199 m² | 10.9 m · 3 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
2025 · 1 entry · 872 EUR awarded · 872 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 872 EUR | 872 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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BIESRENT
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Of 24,505 companies in sector 82990 we hold annual accounts for 9,396. 7,047 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-04-2015
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
64200Holdings
64210Activities of holding companies
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 10 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.