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PROJECTIMMO

Active
Private limited companyfounded 200224 yrs activeRue de l'Hocaille 5, 1348 Ottignies-Louvain-la-Neuve, BelgiumKBO/BCE: BE 0478.097.954
Summary

PROJECTIMMO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.36M and a net result of €179k. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 38% of 4604 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability52▲+31
Solvency60▼-7
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days only on tighter terms
Liquidity short (current ratio 0.61 against 0.68 in 2023; short-term debt: 13.3% and cash: 0.2% of total assets), and 65.3% 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+raises risk
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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
highest failure risk from 2 to 8 years 24 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
34.7%
Return on assets
4.6%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-02-2026, 207 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
207 d late
2023
173 d late
2022
137 d late
2021
144 d late
2020
167 d late
2019
11 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€179k▲ 77.6%
2023 · €101k
2018: €754khighest in 7 years 2019: €-44k▼ -106% vs 2018lowest in 7 years 2020: €135k▲ +405% vs 2019 2021: €17k▼ -87.1% vs 2020 2022: €226k▲ +1202% vs 2021 2023: €101k▼ -55.4% vs 2022 2024: €179k▲ +77.6% vs 2023
2018 → 2024
Working capital
€-203k▼ 15.9%
2023 · €-175k
2018: €319khighest in 7 years 2019: €-29k▼ -109% vs 2018 2020: €-559k▼ -1833% vs 2019lowest in 7 years 2021: €-251k▲ +55.0% vs 2020 2022: €-299k▼ -18.9% vs 2021 2023: €-175k▲ +41.4% vs 2022 2024: €-203k▼ -15.9% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€1.63M-€1.64M▲ 1.1%€1.87M▲ 13.7%€1.97M▲ 5.4%€1.36M▼ 30.7% 2020: €1.63M 2021: €1.64M▲ +1.1% vs 2020 2022: €1.87M▲ +13.7% vs 2021 2023: €1.97M▲ +5.4% vs 2022highest in 5 years 2024: €1.36M▼ -30.7% vs 2023lowest in 5 years
Operating result€-88k-€-93k▼ 5.9%€116k€-92k€13k 2020: €-88k 2021: €-93k▼ -5.9% vs 2020lowest in 5 years 2022: €116k▲ +225% vs 2021highest in 5 years 2023: €-92k▼ -179% vs 2022 2024: €13k▲ +114% vs 2023
Net result€135k-€17k▼ 87.1%€226k▲ 1,202%€101k▼ 55.4%€179k▲ 77.6% 2020: €135k 2021: €17k▼ -87.1% vs 2020lowest in 5 years 2022: €226k▲ +1202% vs 2021highest in 5 years 2023: €101k▼ -55.4% vs 2022 2024: €179k▲ +77.6% vs 2023
Result per fiscal year
Operating resultNet result
€-100k€0€100k€200kOperating result 2020: €-88k€-88kNet result 2020: €135k€135kOperating result 2021: €-93k€-93kNet result 2021: €17k€17kOperating result 2022: €116k€116kNet result 2022: €226k€226kOperating result 2023: €-92k€-92kNet result 2023: €101k€101kOperating result 2024: €13k€13kNet result 2024: €179k€179k20202021202220232024€-100k€0€100k€200kOperating result 2022: €116k€116kNet result 2022: €226k€226kOperating result 2023: €-92k€-92kNet result 2023: €101k€101kOperating result 2024: €13k€13kNet result 2024: €179k€179k202220232024
The operating result returns to profit in 2024: €13k after a loss of €92k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.93M
Fixed assets €3.61M ▼ 15.4%
Current assets €319k ▼ 13.1%
Equity and liabilities €3.93M
Equity €1.36M ▼ 30.7%
Provisions €260k ▼ 5.7%
Debt €2.31M ▼ 3.6%
Debt's share of the balance-sheet total rises from 51.6% to 58.7%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€103k▲
2023 · €-12k
Cash flow
€269k▲
2023 · €180k
Current ratio
0.61▼
2023 · 0.68
Debt to equity
1.69▲
2023 · 1.21
ROE
13.1%▲
2023 · 5.1%
ROA
4.6%▲
2023 · 2.2%
Interest coverage
3.28▲
2023 · -0.35
Debt ≤ 1 year
€522k▼
2023 · €542k
Debt > 1 year
€1.78M▼
2023 · €1.85M
Income taxes
€34k▲
2023 · €17k
Staff costs
€85k▲
2023 · €83k
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 · 2024 against 2023 · 58 lines
Balance sheet Code20232024
Assets
Total assets20/58€4.64M€3.93M▼
Fixed assets21/28€4.27M€3.61M▼
Tangible fixed assets22/27€1.41M€1.39M▼
Land and buildings22€1.12M€1.08M▼
Plant, machinery and equipment23€262k€223k▼
Furniture and vehicles24€10k€64k▲
Other tangible fixed assets26€15k€15k=
Financial fixed assets28€2.86M€2.23M▼
Current assets29/58€367k€319k▼
Amounts receivable within one year40/41€359k€313k▼
Trade receivables40€172k€150k▼
Other amounts receivable41€187k€162k▼
Cash at bank and in hand54/58€8k€6k▼
Deferred charges and accrued income490/1€238€388▲
Equity and liabilities
Total equity and liabilities10/49€4.64M€3.93M▼
Equity10/15€1.97M€1.36M▼
Contributions10/11€6k€6k=
Reserves13€1.96M€1.36M▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€546k€515k▼
Distributable reserves133€1.41M€842k▼
Provisions and deferred taxes16€275k€260k▼
Deferred taxes168€275k€260k▼
Amounts payable17/49€2.39M€2.31M▼
Amounts payable after more than one year17€1.85M€1.78M▼
Financial debts170/4€811k€764k▼
Other amounts payable178/9€1.04M€1.02M▼
Amounts payable within one year42/48€542k€522k▼
Current portion of amounts payable after more than one year42€74k€93k▲
Trade debts44€133k€176k▲
Suppliers440/4€133k€176k▲
Taxes, remuneration and social security45€249k€173k▼
Taxes450/3€224k€160k▼
Remuneration and social security454/9€25k€14k▼
Other amounts payable47/48€87k€79k▼
Income statement Code20232024
Remuneration, social security and pensions62€83k€85k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80k€90k▲
Other operating charges640/8€3k€10k▲
Gross operating margin9900€74k€198k▲
Operating profit (loss)9901€-92k€13k▲
Financial income75/76B€228k€216k▼
Recurring financial income75€228k€216k▼
Financial charges65/66B€34k€31k▼
Recurring financial charges65€34k€31k▼
Profit (loss) for the period before taxes9903€102k€198k▲
Transfer from deferred taxes780€16k€16k=
Income taxes67/77€17k€34k▲
Profit (loss) for the period9904€101k€179k▲
Transfer from tax-exempt reserves789€32k€32k=
Profit (loss) for the period to be appropriated9905€133k€211k▲
Appropriation of the result
Profit (loss) to be appropriated9906€133k€211k▲
Transfer from equity791/2-€784k
Transfer to equity691/2€133k€211k▲
To other reserves6921€133k€211k▲
Profit to be distributed694/7-€784k
Return on contributions (dividend)694-€784k
Social balance
Average headcount (FTE)90870.80.9▲

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20202021202220232024Change
Remuneration, social security and pensions62-€57k€75k€83k€85k▲ 2.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92k€96k€78k€80k€90k▲ 13.3%
Other operating charges640/8-€7k€2k€3k€10k▲ 232%
Gross operating margin9900€65k€67k€271k€74k€198k▲ 167%
Operating profit (loss)9901€-88k€-93k€116k€-92k€13k▲ 114%
Financial income75/76B-€147k€148k€228k€216k▼ 5.1%
Recurring financial income75€273k€147k€148k€228k€216k▼ 5.1%
Financial charges65/66B-€47k€43k€34k€31k▼ 7.1%
Recurring financial charges65€47k€47k€43k€34k€31k▼ 7.1%
Profit (loss) for the period before taxes9903€138k€7k€221k€102k€198k▲ 93.4%
Transfer from deferred taxes780-€15k€44k€16k€16k=
Income taxes67/77€13k€5k€40k€17k€34k▲ 101%
Profit (loss) for the period9904€135k€17k€226k€101k€179k▲ 77.6%
Transfer from tax-exempt reserves789-€31k€100k€32k€32k=
Profit (loss) for the period to be appropriated9905€154k€48k€326k€133k€211k▲ 59.0%
Line20202021202220232024Change
Assets
Total assets20/58€4.32M€4.40M€4.57M€4.64M€3.93M▼ 15.2%
Fixed assets21/28€4.23M€4.24M€4.42M€4.27M€3.61M▼ 15.4%
Tangible fixed assets22/27€1.73M€1.72M€1.49M€1.41M€1.39M▼ 1.7%
Land and buildings22-€1.38M€1.16M€1.12M€1.08M▼ 3.5%
Plant, machinery and equipment23-€327k€301k€262k€223k▼ 14.8%
Furniture and vehicles24-€469€11k€10k€64k▲ 559%
Other tangible fixed assets26-€15k€15k€15k€15k=
Financial fixed assets28€2.50M€2.52M€2.93M€2.86M€2.23M▼ 22.2%
Current assets29/58€90k€156k€151k€367k€319k▼ 13.1%
Amounts receivable within one year40/41€66k€153k€147k€359k€313k▼ 13.0%
Trade receivables40-€153k€140k€172k€150k▼ 12.6%
Other amounts receivable41-€6€7k€187k€162k▼ 13.3%
Cash at bank and in hand54/58€24k€1k€74€8k€6k▼ 18.7%
Deferred charges and accrued income490/1-€1k€4k€238€388▲ 63.1%
Equity and liabilities
Total equity and liabilities10/49€4.32M€4.40M€4.57M€4.64M€3.93M▼ 15.2%
Equity10/15€1.63M€1.64M€1.87M€1.97M€1.36M▼ 30.7%
Contributions10/11-€6k€6k€6k€6k=
Reserves13€1.62M€1.64M€1.86M€1.96M€1.36M▼ 30.8%
Non-distributable reserves130/1-€2k€2k€2k€2k=
Reserves not available under the articles1311-€2k€2k€2k€2k=
Tax-exempt reserves132-€679k€578k€546k€515k▼ 5.8%
Distributable reserves133-€956k€1.28M€1.41M€842k▼ 40.5%
Profit (loss) carried forward14€15k-----
Provisions and deferred taxes16€350k€335k€291k€275k€260k▼ 5.7%
Deferred taxes168-€335k€291k€275k€260k▼ 5.7%
Amounts payable17/49€2.35M€2.42M€2.41M€2.39M€2.31M▼ 3.6%
Amounts payable after more than one year17€1.70M€2.01M€1.96M€1.85M€1.78M▼ 3.5%
Financial debts170/4-€1.19M€884k€811k€764k▼ 5.8%
Other amounts payable178/9-€822k€1.08M€1.04M€1.02M▼ 1.7%
Amounts payable within one year42/48€649k€407k€450k€542k€522k▼ 3.7%
Current portion of amounts payable after more than one year42-€137k€87k€74k€93k▲ 26.2%
Trade debts44€227k€189k€132k€133k€176k▲ 33.1%
Suppliers440/4-€189k€132k€133k€176k▲ 33.1%
Advances received on contracts in progress46--€36k---
Taxes, remuneration and social security45-€44k€172k€249k€173k▼ 30.4%
Taxes450/3-€39k€155k€224k€160k▼ 28.8%
Remuneration and social security454/9-€6k€17k€25k€14k▼ 44.2%
Other amounts payable47/48-€37k€23k€87k€79k▼ 8.9%
Line20202021202220232024Change
Profit (loss) for the period9904€135k€17k€226k€101k€179k▲ 77.6%
+ Depreciation and write-downs630€92k€96k€78k€80k€90k▲ 13.3%
Operating cash flow (approximation)€226k€114k€304k€180k€269k▲ 49.2%
Investment in fixed assets (approximation)-€-106k€-255k€69k€567k▲ 721%
Change in cash-€-22k€-1k€7k€-1k▼ 119%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
23-02
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 207 days late
2025
20-01
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 173 days late
2023
15-12
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 137 days late
2022
22-12
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 144 days late
14-01
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 167 days late
2020
31-12
Financial Back to profitnet €135k
Net result €135k after one loss-making year.
11-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 11 days late
2019
31-12
Financial Weakest financial yearnet €-44k
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
29-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2016
29-12
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2015
29-12
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2003
seat establishment approximate The establishment unit on the map
Ground area
2,546 m²
Building footprint
1,483 m²
Volume, LiDAR
17,531 m³
Parcel 25385B0041/00B002, Wallonia · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Rue de l'Hocaille 5, 1348 Ottignies-Louvain-la-Neuve
NACE 65234
since 20032.127.024.908
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25385B0041/00B002indicative Wallonia 2,546 m² 1 · 1,483 m² 15.4 m · 4 fl.
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 24,432 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
Founded30-07-2002
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy

Scores and ratios are computed by Checked and are not a credit decision.