PROJET TIME
ActiveThe computed 12-month bankruptcy probability of PROJET TIME is 1.7% (moderate). The 2025 annual accounts show equity of €289k and a net result of €7k. Equity is growing by ~24.1% per year across the filed fiscal years. Its solvency ranks better than 87% of 7331 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▼-33
Solvency100=
Growth68=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 4.84 against 5.44 in 2024; short-term debt: 19.1% and cash: 9.2% of total assets), and 20.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
79.4%
Return on assets
1.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 7 filingsDeviation from the deadline
2025
26 d late
2024
5 d early
2023
14 d late
2022
29 d early
2021
45 d early
2020
29 d late
2019
83 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
Turnover
€1.30M▲ 30.3%
2021 · €995k
2019: €484k
2020: €983k
2021: €995k
2019 → 2022
EBIT margin
6.9%▼ 2.3pp
2021 · 9.2%
2019: 13.6%
2020: 8.1%
2021: 9.2%
2019 → 2022
Net result
€7k▼ 76.6%
2024 · €28k
2019: €40k
2020: €48k
2021: €61k
2022: €53k
2023: €53k
2024: €28k
2019 → 2025
Working capital
€267k▲ 3.7%
2024 · €257k
2019: €31k
2020: €75k
2021: €132k
2022: €158k
2023: €216k
2024: €257k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€995k-€1.30M▲ 30.3%
Equity€149k-€202k▲ 35.4%€255k▲ 26.2%€282k▲ 10.9%€289k▲ 2.3%
Operating result€91k-€90k▼ 1.8%€77k▼ 14.1%€45k▼ 42.2%€20k▼ 55.8%
Net result€61k-€53k▼ 13.7%€53k▲ 0.1%€28k▼ 47.2%€7k▼ 76.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 56% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €364k
Fixed assets
€28k▲ 3.8%
Current assets
€336k▲ 6.6%
Equity and liabilities €364k
Equity
€289k▲ 2.3%
Debt
€75k▲ 25.9%
The debt ratio rises from 17.4% to 20.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€32k▼
2024 · €58k
Cash flow
€18k▼
2024 · €41k
Solvency
79.4%▼
2024 · 82.6%
Current ratio
4.84▼
2024 · 5.44
Quick ratio
3.55▲
2024 · 3.22
Debt / equity
0.26▲
2024 · 0.21
ROE
2.3%▼
2024 · 9.9%
ROA
1.8%▼
2024 · 8.1%
Interest coverage
2.98▼
2024 · 19.34
Debt
€75k▲
2024 · €60k
Debt ≤ 1 year
€69k▲
2024 · €58k
Debt > 1 year
€4k
Income taxes
€3k▼
2024 · €14k
Staff costs
€65k▲
2024 · €62k
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€342k€364k▲
Fixed assets21/28€27k€28k▲
Tangible fixed assets22/27€24k€25k▲
Plant, machinery and equipment23€22k€18k▼
Furniture and vehicles24€2k€7k▲
Financial fixed assets28€2k€2k=
Current assets29/58€315k€336k▲
Stocks and contracts in progress3€129k€90k▼
Stocks30/36€129k€90k▼
Amounts receivable within one year40/41€56k€198k▲
Trade receivables40€27k€132k▲
Other amounts receivable41€29k€66k▲
Cash at bank and in hand54/58€118k€33k▼
Deferred charges and accrued income490/1€13k€15k▲
Equity and liabilities
Total equity and liabilities10/49€342k€364k▲
Equity10/15€282k€289k▲
Contributions10/11€1€1=
Reserves13€133k€140k▲
Distributable reserves133€133k€140k▲
Profit (loss) carried forward14€149k€149k=
Amounts payable17/49€60k€75k▲
Amounts payable after more than one year17-€4k
Financial debts170/4-€4k
Amounts payable within one year42/48€58k€69k▲
Current portion of amounts payable after more than one year42€25k€27k▲
Trade debts44€24k€40k▲
Suppliers440/4€24k€40k▲
Taxes, remuneration and social security45€9k€3k▼
Taxes450/3€3k-
Remuneration and social security454/9€6k€3k▼
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€62k€65k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€12k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€122k€100k▼
Operating profit (loss)9901€45k€20k▼
Financial income75/76B€127€99▼
Recurring financial income75€127€99▼
Financial charges65/66B€3k€11k▲
Recurring financial charges65€3k€11k▲
Profit (loss) for the period before taxes9903€42k€9k▼
Income taxes67/77€14k€3k▼
Profit (loss) for the period9904€28k€7k▼
Profit (loss) for the period to be appropriated9905€28k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€177k€156k▼
Profit (loss) brought forward from the previous period14P€149k€149k=
Transfer to equity691/2€28k€7k▼
To other reserves6921€28k€7k▼
The notes to these accounts (7 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Weakest financial yearnet €7k ▼76.6%
Net result drops to €7k, the lowest in the series.
26-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
02-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €202k ▲35.4%
4 profitable years in a row build equity to €202k.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2019net €61k ▲26.4%
Operating result €91k, net result €61k, both a record.
31-12
Financial
Equity above €100kEq €149k ▲69.4%
3 profitable years in a row build equity to €149k.
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
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, Braine-l'Alleud · 1 establishment unit since 2019
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.
Rue Raymond Lebleux 321428 Braine-l'AlleudGround area
665 m²
Building footprint
82 m²
Parcel 25054D0050/00T004, Wallonia. Linked by address, not a title deed.
1 establishment unit
PROJET TIME
since 20192.288.392.920
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25054D0050/00T004 | Wallonia | 665 m² | 1 · 82 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.
Similar companies · same sector, comparable size
6ème Sens Entreprise Générale
BE 0828.091.671
Braine-l'Alleud · Eq €289k
Bouwwerken Simenon
BE 0466.562.674
Riemst · Eq €289k
EMA PROJECT
BE 0778.677.495
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BCBN
BE 0737.848.514
Erpe-Mere · Eq €289k
DC TECHNIC
BE 0426.511.572
Kortenberg · Eq €289k
Of 29,810 companies in sector 41001 we hold annual accounts for 16,032. 11,083 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-2019
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.