V. PROJECT
ActiveSummary
V. PROJECT has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €148k and a net result of €-22k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 92% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▲+35
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.94 against 1.12 in 2024; short-term debt: 12.2% and cash: 1.2% of total assets), and 17.4% 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+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 56
Relative position
BE, all sectors
reference
Sector 56
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-22k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
28 d late
2023
36 d early
2022
60 d early
2021
34 d early
2020
9 d late
2019
59 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
€148k▼ 13.2%
2024 · €171k
2018: €176k
2019: €184k
2020: €184k
2021: €194k
2022: €208k
2023: €201k
2024: €171k
2018 → 2025
Total assets
€179k▼ 14.1%
2024 · €209k
2018: €320k
2019: €280k
2020: €253k
2021: €259k
2022: €268k
2023: €252k
2024: €209k
2018 → 2025
Net result
€-22k▲ 25.4%
2024 · €-30k
2018: €15k
2019: €8k
2020: €416
2021: €10k
2022: €33k
2023: €-7k
2024: €-30k
2018 → 2025
Working capital
€-1k
2024 · €3k
2018: €-42k
2019: €-18k
2020: €-8k
2021: €7k
2022: €17k
2023: €17k
2024: €3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€194k-€208k▲ 7.3%€201k▼ 3.5%€171k▼ 15.0%€148k▼ 13.2%
Operating result€18k-€49k▲ 175%€-5k€-28k▼ 444%€-21k▲ 26.7%
Net result€10k-€33k▲ 231%€-7k€-30k▼ 310%€-22k▲ 25.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21k in 2025 against €28k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €179k
Fixed assets
€159k ▼ 13.1%
Current assets
€21k ▼ 21.5%
Equity and liabilities €179k
Equity
€148k ▼ 13.2%
Debt
€31k ▼ 18.4%
Debt's share of the balance-sheet total falls from 18.3% to 17.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6k▲
2024 · €-640
Cash flow
€4k▲
2024 · €-2k
Current ratio
0.94▼
2024 · 1.12
Debt to equity
0.21▼
2024 · 0.22
ROE
-15.2%▲
2024 · -17.7%
ROA
-12.5%▲
2024 · -14.4%
Interest coverage
3.97▲
2024 · -0.43
Debt ≤ 1 year
€22k▼
2024 · €23k
Debt > 1 year
€9k▼
2024 · €15k
Income taxes
€205▼
2024 · €525
Staff costs
€46k▲
2024 · €46k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€209k€179k▼
Fixed assets21/28€182k€159k▼
Tangible fixed assets22/27€182k€158k▼
Land and buildings22€158k€142k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€20k€14k▼
Financial fixed assets28€775€775=
Current assets29/58€26k€21k▼
Amounts receivable after more than one year29-€5k
Other amounts receivable291-€5k
Amounts receivable within one year40/41€13k€12k▼
Trade receivables40€12k€12k▼
Other amounts receivable41€1k-
Cash at bank and in hand54/58€6k€2k▼
Deferred charges and accrued income490/1€6k€2k▼
Equity and liabilities
Total equity and liabilities10/49€209k€179k▼
Equity10/15€171k€148k▼
Contributions10/11€25k€25k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€143k€121k▼
Amounts payable17/49€38k€31k▼
Amounts payable after more than one year17€15k€9k▼
Financial debts170/4€15k€9k▼
Amounts payable within one year42/48€23k€22k▼
Current portion of amounts payable after more than one year42€9k€5k▼
Financial debts43€14-
Credit institutions430/8€14-
Trade debts44€6k€5k▼
Suppliers440/4€6k€5k▼
Taxes, remuneration and social security45€8k€10k▲
Taxes450/3€3k€4k▲
Remuneration and social security454/9€5k€6k▲
Other amounts payable47/48-€879
Accrued charges and deferred income492/3€105€43▼
Income statement
Code20242025
Remuneration, social security and pensions62€46k€46k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€27k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€48k€55k▲
Operating profit (loss)9901€-28k€-21k▲
Financial income75/76B€252€8▼
Recurring financial income75€252€8▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-30k€-22k▲
Income taxes67/77€525€205▼
Profit (loss) for the period9904€-30k€-22k▲
Profit (loss) for the period to be appropriated9905€-30k€-22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€143k€121k▼
Profit (loss) brought forward from the previous period14P€173k€143k▼
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €33k ▲231%
Operating result €49k, net result €33k, both a record.
31-12
Financial
Equity above €200kEq €208k ▲7.3%
5 profitable years in a row build equity to €208k.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 47 days late
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Mons · 1 establishment unit since 1996
Ground area
1,583 m²
Building footprint
48 m²
Volume, LiDAR
351 m³
Parcel 53042A0431/00D000, Wallonia · tallest building 8.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Maurice Flament (H.) 51, 7022 Mons
since 19962.075.928.672
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53042A0431/00D000 | Wallonia | 1,583 m² | 1 · 48 m² | 8.6 m · 3 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
FAT IN CASA
BE 0823.277.701
Beringen · Eq €148,061
KASTEEL MEERLAER LEISURE
BE 0865.750.338
Laakdal · Eq €148,110
PERFECT RESTO
BE 0807.962.092
Gent · Eq €148,172
BENMAR
BE 0535.609.155
Tielt · Eq €147,901
SWEET COFFEE
BE 0835.994.696
Hasselt · Eq €147,879
Of 20,495 companies in sector 56111 we hold annual accounts for 11,457. 9,065 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 (pre-2019)
Founded27-03-1996
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.