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Strong Projects

Active
Private limited company·Bouw van rioleringen· 17 yrs active
Reintjesbeek 4 ·2930 Brasschaat, Belgium
KBO/BCE: BE 0817.443.249
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Age17 yrs
Staff (FTE)1

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Strong Projects is 0.7% (low). The 2024 annual accounts show equity of €440k and a net result of €-3k. Equity is growing by ~25.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 555 sector peers (fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

1 signal · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 95% of 555 peers (2024). A comfortable equity buffer.
View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

2 signals
Established
Founded in 2009, 17 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.7% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Long track record Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-3k
Working capital€429k-1.3%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 30-08-2025 with the NBB · fiscal year 2024 · micro
€-50k€0€50k€100k€150kOperating result 2020: €62k€62kNet result 2020: €38k€38kOperating result 2021: €94k€94kNet result 2021: €63k€63kOperating result 2022: €106k€106kNet result 2022: €73k€73kOperating result 2023: €164k€164kNet result 2023: €89k€89kOperating result 2024: €56k€56kNet result 2024: €-3k€-3k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~25.1%/year over 7 fiscal years, indicative, assuming unchanged policy.
€0€250k€500k€750k€1.00M2025: €690k (€655k - €725k)2026: €863k (€828k - €898k)2027: €1.08M (€1.04M - €1.11M)2018: €120k2019: €181k2020: €218k2021: €282k2022: €355k2023: €443k2024: €440k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 42 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 98.0% 44.8%
better than 95% of 555 sector peers
Net result €-3k €14k
better than 14% of 552 sector peers
Equity €440k €34k
better than 95% of 555 sector peers
Gross operating margin €76k €43k
better than 68% of 549 sector peers
Staff costs €13k €32k
higher than 35% of 263 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P95
2020: P94 · n=642021: P95 · n=1442022: P95 · n=2932023: P95 · n=4362024: P95 · n=5552020 2024
Stable position over 2020-2024 · n=64-555
Net result P14
2020: P82 · n=642021: P94 · n=1432022: P90 · n=2922023: P93 · n=4352024: P14 · n=5522020 2024
Stable position over 2020-2024 · n=64-552
Equity P95
2020: P95 · n=642021: P95 · n=1442022: P95 · n=2932023: P95 · n=4362024: P95 · n=5552020 2024
Stable position over 2020-2024 · n=64-555
Gross operating margin P68
2020: P70 · n=632021: P87 · n=1432022: P79 · n=2922023: P87 · n=4352024: P68 · n=5492020 2024
Stable position over 2020-2024 · n=63-549
Describes the position versus peers, not a forecast.
EBITDA
€61k
-63.5% -65% vs sector
Net profit
€-3k
- far below sector median
Cash flow
€2k
-98.2% -98% vs sector
Total assets
€449k
-0.2% -32% vs sector
Equity
€440k
-0.7% +152% vs sector
Working capital
€429k
-1.3% far above sector median
Employees (FTE)
1
- +43% vs sector
Staff costs
€13k
+99.6% -69% vs sector
Income taxes
€790
-97.0% -95% vs sector
Dividends
€800
0.0% -92% vs sector
Debt
€9k
+42.8% -98% vs sector
Debt ≤ 1y
€9k
+42.8% -93% vs sector
Current ratio
49.71
-30.5% far above sector median
Quick ratio
49.71
-30.5% far above sector median
Solvency
98.0%
-0.6% +201% vs sector
Debt / equity
0.02
+43.8% -99% vs sector
ROE
-0.8%
- far below sector median
ROA
-0.7%
- far below sector median
Interest coverage
0.97
-68.8% -82% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€61k
Net profit€-3k
Cash flow€2k
Staff costs€13k
Income taxes€790
Dividends-
Total assets€449k
Equity€440k
Debt€9k
of which ≤ 1y€9k
of which > 1y-
Working capital€429k
Employees (FTE)1.0
Ratios (computed)
2024
Current ratio49.71
Quick ratio49.71
Working capital ratio95.5%
Solvency98.0%
Debt / equity0.02
Long-term debt ratio-
Interest coverage0.97
Gross margin-
Net margin-
ROA-0.7%
ROE-0.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€449k
Fixed assets 21/28€11k
Tangible fixed assets 22/27€11k
Current assets 29/58€438k
Amounts receivable within one year 40/41€247k
Cash & bank 54/58€25k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€449k
Equity 10/15€440k
Contributions / capital 10/11€19k
Reserves 13€422k
Amounts payable 17/49€9k
Amounts payable within one year 42/48€9k
Trade debts payable within one year 44€3k
Income statement
Gross operating margin 9900€76k
Operating result 9901€56k
Financial income 75€4k
Financial charges 65€63k
Result before taxes 9903€-3k
Income taxes 67/77€790
Net result for the period 9904€-3k
Result to be appropriated 9905€-3k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
52 / 100 Fair
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location
LEUNIS - RENOVATIE & ONDERHOUD
Reintjesbeek 4, 2930 BrasschaatBouw van rioleringen
since 20092.179.783.901
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,027 m²
Buildings1
Building footprint179 m²
Volume (LiDAR)944 m³
Tallest building8.8 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11322E0362/00L000 Flanders 1,027 m² 1 · 179 m² 8.8 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.

Analysis

Snowflake analysis

financial profile on 5 axes
Health52Profitability0Solvency100Growth52Stability100
61 / 100

Strong profile, led by solvency.

All 5 axes are computed from data Checked has read.

Health 52
Profitability 0
Solvency 100
Growth 52
Stability 100

Ask AI about this company

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Bouw van rioleringen42212Bouw van rioleringen42212Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999Installatie van isolatie43230Overige bouwinstallatie43240Isolatiewerkzaamheden43291Overige bouwinstallatie, n.e.g.43299Metselwerk43910Overige gespecialiseerde bouwactiviteiten, neg43990Gevelreiniging43992Uitvoeren van metsel- en voegwerken43994Overige gespecialiseerde bouwwerkzaamheden43999Overige reiniging van gebouwen; industriële reiniging81220
Primary activity highlighted.
Names & trade names
Legal nameNL Strong Projects
Registered office
Reintjesbeek 4
2930 Brasschaat, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.