PEOPLES PROJECTS
ActiveSummary
PEOPLES PROJECTS has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €322k and a net result of €2k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 27% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29=
Solvency34=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity short (current ratio 0.25 against 0.68 in 2024; short-term debt: 59.5% and cash: 0.4% of total assets), and 91.4% of the assets are financed with debt.
Credit check 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 68
Relative position
BE, all sectors
reference
Sector 68
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 dateAge against the risk zone
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
8.6%
Return on assets
0.1%
Age of the figures
12 mo
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 14-04-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
34 d early
2023
32 d early
2022
37 d early
2021
31 d early
2020
31 d early
2019
29 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
€322k▲ 0.6%
2024 · €320k
2018: €314k
2019: €317k
2020: €369k
2021: €371k
2022: €414k
2023: €316k
2024: €320k
2018 → 2025
Total assets
€3.76M▲ 0.8%
2024 · €3.73M
2018: €645k
2019: €1.10M
2020: €1.17M
2021: €1.15M
2022: €2.61M
2023: €4.31M
2024: €3.73M
2018 → 2025
Net result
€2k▼ 51.2%
2024 · €4k
2018: €398
2019: €4k
2020: €52k
2021: €2k
2022: €42k
2023: €299
2024: €4k
2018 → 2025
Working capital
€-1.67M▼ 595%
2024 · €-240k
2018: €-265k
2019: €-715k
2020: €-636k
2021: €-497k
2022: €-1.52M
2023: €-351k
2024: €-240k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€371k-€414k▲ 11.3%€316k▼ 23.7%€320k▲ 1.3%€322k▲ 0.6%
Operating result€158k-€55k▼ 64.9%€94k▲ 70.3%€78k▼ 16.8%€78k=
Net result€2k-€42k▲ 1,721%€299▼ 99.3%€4k▲ 1,260%€2k▼ 51.2%
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 0% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.76M
Fixed assets
€3.19M ▼ 0.6%
Current assets
€566k ▲ 9.5%
Equity and liabilities €3.76M
Equity
€322k ▲ 0.6%
Debt
€3.44M ▲ 0.8%
Debt's share of the balance-sheet total stays at 91.4%.
Key figures and ratios
EBITDA
€89k▼
2024 · €89k
Cash flow
€12k▼
2024 · €15k
Current ratio
0.25▼
2024 · 0.68
Debt to equity
10.68▲
2024 · 10.66
ROE
0.6%▼
2024 · 1.3%
ROA
0.1%▼
2024 · 0.1%
Interest coverage
1.18▼
2024 · 1.19
Debt ≤ 1 year
€2.24M▲
2024 · €757k
Debt > 1 year
€1.20M▼
2024 · €2.65M
Income taxes
€2k▲
2024 · €790
Staff costs
€90k▲
2024 · €79k
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 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.73M€3.76M▲
Fixed assets21/28€3.21M€3.19M▼
Tangible fixed assets22/27€10k€0▼
Furniture and vehicles24€10k-
Financial fixed assets28€3.20M€3.19M▼
Current assets29/58€517k€566k▲
Amounts receivable after more than one year29€374k€355k▼
Other amounts receivable291€374k€355k▼
Stocks and contracts in progress3€68k-
Contracts in progress37€68k-
Amounts receivable within one year40/41€21k€194k▲
Trade receivables40€16k€191k▲
Other amounts receivable41€5k€3k▼
Cash at bank and in hand54/58€36k€15k▼
Deferred charges and accrued income490/1€18k€978▼
Equity and liabilities
Total equity and liabilities10/49€3.73M€3.76M▲
Equity10/15€320k€322k▲
Contributions10/11€265k€265k=
Capital10€265k€265k=
Issued capital100€265k€265k=
Reserves13€55k€57k▲
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Tax-exempt reserves132€2k€2k=
Distributable reserves133€45k€47k▲
Amounts payable17/49€3.41M€3.44M▲
Amounts payable after more than one year17€2.65M€1.20M▼
Other amounts payable178/9€2.65M€1.20M▼
Amounts payable within one year42/48€757k€2.24M▲
Trade debts44€477€6k▲
Suppliers440/4€477€6k▲
Taxes, remuneration and social security45€3k€12k▲
Taxes450/3€821€4k▲
Remuneration and social security454/9€2k€7k▲
Other amounts payable47/48€754k€2.22M▲
Accrued charges and deferred income492/3€238€190▼
Income statement
Code20242025
Remuneration, social security and pensions62€79k€90k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€10k▼
Other operating charges640/8€226€693▲
Gross operating margin9900€168k€180k▲
Operating profit (loss)9901€78k€78k=
Financial income75/76B€647k€151k▼
Recurring financial income75€647k€151k▼
Financial charges65/66B€720k€225k▼
Recurring financial charges65€75k€75k=
Non-recurring financial charges66B€645k€150k▼
Profit (loss) for the period before taxes9903€5k€4k▼
Income taxes67/77€790€2k▲
Profit (loss) for the period9904€4k€2k▼
Profit (loss) for the period to be appropriated9905€4k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€2k▼
Transfer to equity691/2€4k€2k▼
To other reserves6921€4k€2k▼
Social balance
Average headcount (FTE)90871.61.9▲
The notes to these accounts (12 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
14-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
14-01
State Gazette act
Registered office · Capital & shares · Purpose · RestructuringMerger · Dissolution · Net-asset statement18 facts ▸
State Gazette act
Registered office · Capital & shares · Purpose · Restructuring
Merger · Dissolution · Net-asset statement18 facts ▸
- General meeting, 24-12-2025
- Merger, absorption, 01-10-2025
- Dissolution, 24-12-2025
- Net-asset statement, 30-09-2025
- Net-asset statement, 30-09-2025
- Capital increase, €900.000
- Share issue, nieuwe aandelen zonder nominale waarde, 23258
- Capital increase, €85.000
- Share issue, nieuwe aandelen zonder nominale waarde, 3630
- Bank account, Crelan Bank te Brussel, 85000
- Capital, €1.250.000
- Purpose change, Toevoeging van activiteiten: verhuren onroerende goederen, beheren schadedossiers, professioneel adviseren pensioenopbouw
- +6 further facts in this act
2025
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet €299 ▼99.3%
Net result drops to €299, the lowest in the series; recovery starts the following year.
24-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Highest result since 2018net €52k ▲1223%
Net result €52k, the highest in the series.
01-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
14 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lievegem · 1 establishment unit since 1993
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.
Beke 209950 LievegemGround area
4,614 m²
Parcel 44072D0591/00_000, Flanders. Linked by address, not a title deed.
1 establishment unit
PEOPLES PROJECTS
since 19932.060.641.571
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44072D0591/00_000 | Flanders | 4,614 m² | - | - |
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.
Structure & network
Acquisitions and mergers
1 transactionTook over:FREELANG-INVEST
Capital and shareholders
Capital over the years
- 14-01-2026 Capital increase of 900,000 EUR · to 1,165,000 EUR · 23,258 new shares
- 14-01-2026 Capital increase of 85,000 EUR · to 1,250,000 EUR · 3,630 new shares
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Of 1,292 companies in sector 68122 we hold annual accounts for 901. 587 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
Founded29-10-1992
Fiscal year end30-09
Activities, NACEBEL 2025
68122Development of non-residential building projects
70200Business and other management consultancy
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.