SELECT PROJECTS
ActiveSummary
SELECT PROJECTS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9k and a net result of €9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 4486 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-22
Solvency33▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.74 against 0.48 in 2024; short-term debt: 49.9% and cash: 7% of total assets), and 92.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← 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
7.7%
Return on assets
7.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 4486 sector peers (2025).
NBB · sector comparisonPosition among 4486 sector peers
Solvency
better than 17%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €9k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 filingsDeviation from the deadline
2025
28 d late
2024
26 d late
2023
30 d late
2022
1 d early
2021
2 d late
2020
1 d early
2019
37 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€9k▲ 5,488%
2024 · €168
2018: €-9k
2019: €-10k
2020: €-11k
2021: €4k
2022: €4k
2023: €6k
2024: €168
2018 → 2025
Total assets
€121k▲ 170%
2024 · €45k
2018: €150
2019: €27
2020: €10
2021: €7k
2022: €32k
2023: €45k
2024: €45k
2018 → 2025
Net result
€9k▼ 29.7%
2024 · €13k
2018: €-1k
2019: €-1k
2020: €-1k
2021: €16k
2022: €76
2023: €2k
2024: €13k
2018 → 2025
Working capital
€-16k▲ 26.5%
2024 · €-21k
2018: €-9k
2019: €-10k
2020: €-11k
2021: €4k
2022: €-8k
2023: €-16k
2024: €-21k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4k-€4k▲ 1.9%€6k▲ 37.1%€168▼ 97.1%€9k▲ 5,488%
Operating result€16k-€545▼ 96.5%€3k▲ 405%€18k▲ 536%€18k▲ 0.6%
Net result€16k-€76▼ 99.5%€2k▲ 1,925%€13k▲ 750%€9k▼ 29.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 1% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €121k
Fixed assets
€76k ▲ 206%
Current assets
€45k ▲ 125%
Equity and liabilities €121k
Equity
€9k ▲ 5,488%
Debt
€112k ▲ 150%
Debt's share of the balance-sheet total falls from 99.6% to 92.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€36k▲
2024 · €30k
Cash flow
€28k▲
2024 · €26k
Current ratio
0.74▲
2024 · 0.48
Quick ratio
0.66▲
2024 · 0.45
Debt to equity
11.92
ROE
98.2%
ROA
7.6%▼
2024 · 29.2%
Interest coverage
23.60▲
2024 · 20.40
Debt ≤ 1 year
€60k▲
2024 · €41k
Debt > 1 year
€51k▲
2024 · €3k
Income taxes
€7k▲
2024 · €3k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€45k€121k▲
Fixed assets21/28€25k€76k▲
Tangible fixed assets22/27€25k€76k▲
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€21k€17k▼
Leasing and similar rights25-€56k
Financial fixed assets28-€102
Current assets29/58€20k€45k▲
Stocks and contracts in progress3€2k€5k▲
Stocks30/36€2k€5k▲
Amounts receivable within one year40/41€744€30k▲
Trade receivables40€647€16k▲
Other amounts receivable41€97€14k▲
Cash at bank and in hand54/58€17k€8k▼
Deferred charges and accrued income490/1€433€1k▲
Equity and liabilities
Total equity and liabilities10/49€45k€121k▲
Equity10/15€168€9k▲
Reserves13-€9k
Distributable reserves133-€9k
Profit (loss) carried forward14€168€170▲
Amounts payable17/49€45k€112k▲
Amounts payable after more than one year17€3k€51k▲
Financial debts170/4€3k€51k▲
Amounts payable within one year42/48€41k€60k▲
Current portion of amounts payable after more than one year42€10k€21k▲
Trade debts44€3k€6k▲
Suppliers440/4€3k€6k▲
Taxes, remuneration and social security45€6k€10k▲
Taxes450/3€6k€10k▲
Remuneration and social security454/9-€250
Other amounts payable47/48€22k€23k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€19k▲
Other operating charges640/8€929€2k▲
Gross operating margin9900€31k€39k▲
Operating profit (loss)9901€18k€18k▲
Financial income75/76B€43€12▼
Recurring financial income75€43€12▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€16k€16k=
Income taxes67/77€3k€7k▲
Profit (loss) for the period9904€13k€9k▼
Profit (loss) for the period to be appropriated9905€13k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€168€9k▲
Profit (loss) brought forward from the previous period14P€-13k€168▲
Transfer to equity691/2-€9k
To other reserves6921-€9k
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
29-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-09
Financial
Back to profitnet €16k
Net result €16k after 3 loss-making years.
30-09
Financial
Liquidity times 2551current ratio 2.22
Current ratio from 0.00 to 2.22; short-term debt falls from €11k to €3k.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €-1k
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
19-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · 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, Zoersel · 1 establishment unit since 2010
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.
Medelaar 1082980 ZoerselGround area
446 m²
Building footprint
119 m²
Volume, LiDAR
506 m³
Parcel 11017A0613/00F002, Flanders · tallest building 8.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Select Projects
since 20102.194.396.950
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11017A0613/00F002 | Flanders | 446 m² | 1 · 118 m² | 8.6 m · 1 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.
Similar companies · same sector, comparable size
Denoyette Kurt
BE 0896.817.260
Zwalm · Eq €9,373
DTA
BE 0545.881.455
Overijse · Eq €9,377
Davy de Kuster
BE 0764.483.328
Mol · Eq €9,379
Bouw- en tuinwerken Princen Patrick
BE 0640.739.141
Geetbets · Eq €9,393
NABALYS
BE 0791.688.561
Hotton · Eq €9,429
Of 21,216 companies in sector 81300 we hold annual accounts for 4,362. 2,346 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 formPrivate limited company
Founded30-11-2010
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.