PROJECT SKYHIGH 2.0
ActiveSummary
PROJECT SKYHIGH 2.0 has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.63M and a net result of €-149k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 25% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability25▼-13
Solvency48▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.45 in 2024; short-term debt: 33.9% and cash: 1.2% of total assets), and 76.8% 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
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 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
19202122232425
2019 to 2025 · latest year €-149k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 8692 sector peers (2025).
NBB · sector comparisonPosition among 8692 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-12-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
50 d early
2023
47 d early
2022
36 d early
2021
41 d early
2020
46 d early
2019
29 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.63M▼ 8.4%
2024 · €1.78M
2019: €1.11M
2020: €1.13M▲ +2.0% vs 2019
2021: €1.10M▼ -2.4% vs 2020lowest in 7 years
2022: €1.12M▲ +1.2% vs 2021
2023: €1.79M▲ +60.1% vs 2022highest in 7 years
2024: €1.78M▼ -0.2% vs 2023
2025: €1.63M▼ -8.4% vs 2024
2019 → 2025
Total assets
€7.04M▲ 0.5%
2024 · €7.01M
2019: €2.91Mlowest in 7 years
2020: €3.89M▲ +33.8% vs 2019
2021: €3.84M▼ -1.4% vs 2020
2022: €3.83M▼ -0.1% vs 2021
2023: €6.46M▲ +68.5% vs 2022
2024: €7.01M▲ +8.5% vs 2023
2025: €7.04M▲ +0.5% vs 2024highest in 7 years
2019 → 2025
Net result
€-149k▼ 3,602%
2024 · €-4k
2019: €8k
2020: €22k▲ +186% vs 2019highest in 7 years
2021: €-27k▼ -226% vs 2020
2022: €13k▲ +148% vs 2021
2023: €21k▲ +62.1% vs 2022
2024: €-4k▼ -119% vs 2023
2025: €-149k▼ -3602% vs 2024lowest in 7 years
2019 → 2025
Working capital
€573k▼ 36.2%
2024 · €898k
2019: €-148klowest in 7 years
2020: €702k▲ +573% vs 2019
2021: €854k▲ +21.5% vs 2020
2022: €739k▼ -13.4% vs 2021
2023: €1.42M▲ +91.8% vs 2022highest in 7 years
2024: €898k▼ -36.6% vs 2023
2025: €573k▼ -36.2% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.10M-€1.12M▲ 1.2%€1.79M▲ 60.1%€1.78M▼ 0.2%€1.63M▼ 8.4%
2021: €1.10Mlowest in 5 years
2022: €1.12M▲ +1.2% vs 2021
2023: €1.79M▲ +60.1% vs 2022highest in 5 years
2024: €1.78M▼ -0.2% vs 2023
2025: €1.63M▼ -8.4% vs 2024
Operating result€-35k-€-44k▼ 26.4%€-104k▼ 133%€81k€-70k
2021: €-35k
2022: €-44k▼ -26.4% vs 2021
2023: €-104k▼ -133% vs 2022lowest in 5 years
2024: €81k▲ +178% vs 2023highest in 5 years
2025: €-70k▼ -186% vs 2024
Net result€-27k-€13k€21k▲ 62.1%€-4k€-149k▼ 3,602%
2021: €-27k
2022: €13k▲ +148% vs 2021
2023: €21k▲ +62.1% vs 2022highest in 5 years
2024: €-4k▼ -119% vs 2023
2025: €-149k▼ -3602% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €70k after €81k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.04M
Fixed assets
€4.08M ▼ 0.8%
Current assets
€2.96M ▲ 2.3%
Equity and liabilities €7.04M
Equity
€1.63M ▼ 8.4%
Debt
€5.41M ▲ 3.5%
Debt's share of the balance-sheet total rises from 74.6% to 76.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€88k▼
2024 · €193k
Cash flow
€8k▼
2024 · €108k
Current ratio
1.24▼
2024 · 1.45
Debt to equity
3.31▲
2024 · 2.93
ROE
-9.1%▼
2024 · -0.2%
ROA
-2.1%▼
2024 · -0.1%
Interest coverage
1.10▼
2024 · 2.33
Debt ≤ 1 year
€2.39M▲
2024 · €2.00M
Debt > 1 year
€3.02M▼
2024 · €3.23M
Staff costs
€74k▼
2024 · €82k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€7.01M€7.04M▲
Fixed assets21/28€4.11M€4.08M▼
Tangible fixed assets22/27€3.70M€3.67M▼
Land and buildings22€3.64M€3.63M▼
Plant, machinery and equipment23€7k€4k▼
Furniture and vehicles24€52k€38k▼
Financial fixed assets28€414k€414k=
Current assets29/58€2.90M€2.96M▲
Amounts receivable after more than one year29€2.82M-
Other amounts receivable291€2.82M-
Amounts receivable within one year40/41€46k€2.88M▲
Trade receivables40€46k€59k▲
Other amounts receivable41-€2.82M
Cash at bank and in hand54/58€32k€83k▲
Equity and liabilities
Total equity and liabilities10/49€7.01M€7.04M▲
Equity10/15€1.78M€1.63M▼
Contributions10/11€21k€21k=
Revaluation surpluses12€1.67M€1.67M=
Reserves13€97k€97k=
Distributable reserves133€97k€97k=
Profit (loss) carried forward14€-4k€-153k▼
Amounts payable17/49€5.23M€5.41M▲
Amounts payable after more than one year17€3.23M€3.02M▼
Financial debts170/4€3.23M€3.02M▼
Amounts payable within one year42/48€2.00M€2.39M▲
Current portion of amounts payable after more than one year42€203k€208k▲
Trade debts44€19k€62k▲
Suppliers440/4€19k€62k▲
Taxes, remuneration and social security45€12k€9k▼
Taxes450/3€2k€9k▲
Remuneration and social security454/9€9k-
Other amounts payable47/48€1.77M€2.11M▲
Income statement
Code20242025
Remuneration, social security and pensions62€82k€74k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€112k€157k▲
Other operating charges640/8€2k€76k▲
Gross operating margin9900€277k€238k▼
Operating profit (loss)9901€81k€-70k▼
Financial charges65/66B€83k€80k▼
Recurring financial charges65€83k€80k▼
Profit (loss) for the period before taxes9903€-2k€-149k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€-4k€-149k▼
Profit (loss) for the period to be appropriated9905€-4k€-149k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-153k▼
Profit (loss) brought forward from the previous period14P-€-4k
Social balance
Average headcount (FTE)90871.21.2=
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €46k | €53k | €82k | €74k | ▼ 10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46k | €56k | €62k | €112k | €157k | ▲ 41.0% |
| Other operating charges640/8 | - | €6k | €5k | €2k | €76k | ▲ 4,050% |
| Gross operating margin9900 | €32k | €63k | €16k | €277k | €238k | ▼ 14.2% |
| Operating profit (loss)9901 | €-35k | €-44k | €-104k | €81k | €-70k | ▼ 186% |
| Financial income75/76B | - | €100k | €205k | - | - | - |
| Recurring financial income75 | €40k | €100k | €205k | - | - | - |
| Financial charges65/66B | - | €38k | €63k | €83k | €80k | ▼ 3.6% |
| Recurring financial charges65 | €28k | €38k | €63k | €83k | €80k | ▼ 3.6% |
| Profit (loss) for the period before taxes9903 | €-23k | €17k | €38k | €-2k | €-149k | ▼ 8,029% |
| Income taxes67/77 | €5k | €4k | €17k | €2k | - | - |
| Profit (loss) for the period9904 | €-27k | €13k | €21k | €-4k | €-149k | ▼ 3,602% |
| Profit (loss) for the period to be appropriated9905 | €-27k | €13k | €21k | €-4k | €-149k | ▼ 3,602% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.84M | €3.83M | €6.46M | €7.01M | €7.04M | ▲ 0.5% |
| Fixed assets21/28 | €2.78M | €2.75M | €3.52M | €4.11M | €4.08M | ▼ 0.8% |
| Tangible fixed assets22/27 | €2.36M | €2.33M | €3.11M | €3.70M | €3.67M | ▼ 0.9% |
| Land and buildings22 | - | €2.31M | €3.03M | €3.64M | €3.63M | ▼ 0.4% |
| Plant, machinery and equipment23 | - | €7k | €6k | €7k | €4k | ▼ 43.3% |
| Furniture and vehicles24 | - | €19k | €70k | €52k | €38k | ▼ 27.5% |
| Financial fixed assets28 | €414k | €414k | €414k | €414k | €414k | = |
| Current assets29/58 | €1.06M | €1.09M | €2.94M | €2.90M | €2.96M | ▲ 2.3% |
| Amounts receivable after more than one year29 | - | €1.00M | €2.82M | €2.82M | - | - |
| Other amounts receivable291 | - | €1.00M | €2.82M | €2.82M | - | - |
| Amounts receivable within one year40/41 | €33k | €81k | €71k | €46k | €2.88M | ▲ 6,124% |
| Trade receivables40 | - | €81k | €71k | €46k | €59k | ▲ 27.7% |
| Other amounts receivable41 | - | - | - | - | €2.82M | - |
| Cash at bank and in hand54/58 | €28k | €5k | €44k | €32k | €83k | ▲ 163% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.84M | €3.83M | €6.46M | €7.01M | €7.04M | ▲ 0.5% |
| Equity10/15 | €1.10M | €1.12M | €1.79M | €1.78M | €1.63M | ▼ 8.4% |
| Contributions10/11 | - | €21k | €21k | €21k | €21k | = |
| Revaluation surpluses12 | - | €1.02M | €1.67M | €1.67M | €1.67M | = |
| Reserves13 | €66k | €76k | €97k | €97k | €97k | = |
| Distributable reserves133 | - | €76k | €97k | €97k | €97k | = |
| Profit (loss) carried forward14 | €-3k | - | - | €-4k | €-153k | ▼ 3,702% |
| Amounts payable17/49 | €2.73M | €2.72M | €4.67M | €5.23M | €5.41M | ▲ 3.5% |
| Amounts payable after more than one year17 | €2.53M | €2.37M | €3.15M | €3.23M | €3.02M | ▼ 6.4% |
| Financial debts170/4 | - | €2.37M | €3.15M | €3.23M | €3.02M | ▼ 6.4% |
| Amounts payable within one year42/48 | €207k | €347k | €1.52M | €2.00M | €2.39M | ▲ 19.5% |
| Current portion of amounts payable after more than one year42 | - | €156k | €167k | €203k | €208k | ▲ 2.1% |
| Trade debts44 | - | €75k | €8k | €19k | €62k | ▲ 234% |
| Suppliers440/4 | - | €75k | €8k | €19k | €62k | ▲ 234% |
| Taxes, remuneration and social security45 | - | €10k | €18k | €12k | €9k | ▼ 25.9% |
| Taxes450/3 | - | €10k | €17k | €2k | €9k | ▲ 288% |
| Remuneration and social security454/9 | - | - | €2k | €9k | - | - |
| Other amounts payable47/48 | - | €105k | €1.33M | €1.77M | €2.11M | ▲ 19.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-27k | €13k | €21k | €-4k | €-149k | ▼ 3,602% |
| + Depreciation and write-downs630 | €46k | €56k | €62k | €112k | €157k | ▲ 41.0% |
| Operating cash flow (approximation) | €19k | €69k | €83k | €108k | €8k | ▼ 92.7% |
| Investment in fixed assets (approximation) | - | €-27k | €-838k | €-701k | €-125k | ▲ 82.1% |
| Change in cash | - | €-23k | €40k | €-13k | €52k | ▲ 503% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-08
State Gazette act
General meeting · Director appointment
Permanent representative · Director resignation
2025
11-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Weakest financial yearnet €-149k
Net result drops to €-149k, the lowest in the series.
2024
12-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
15-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
26-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
2021
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
16-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Highest result since 2019net €22k ▲186%
Net result €22k, the highest in the series.
30-06
Financial
Liquidity times 6current ratio 2.69
Current ratio from 0.45 to 2.69.
24-06
State Gazette act
General meeting · Director appointment
Permanent representative
Show earlier events
02-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
26-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2003
15-12
State Gazette act
Incorporation · Founder
Corporate purpose · Founding capital
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Schoten · 1 establishment unit since 1999
Ground area
2,788 m²
Building footprint
304 m²
Volume, LiDAR
1,720 m³
Parcel 11442B0337/00S000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Project Skyhigh 2.0
since 19992.092.494.787
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11442B0337/00S000 | Flanders | 2,788 m² | 1 · 304 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
6 connected companiesThis company
Company
Director
Shareholding
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
Shared director
→
Shared director
→
Shared director
→
Shared director
→
Show 2 more companies with a shared director
Shared director
→
Shared director
→
Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
1 location
1 location
Similar companies · same sector, comparable size
VOQUALS
BE 0455.974.135
Meerhout · Eq €1,634,591
DOMINIC ROUSSELLE
BE 0464.704.234
Sint-Pieters-Woluwe · Eq €1,633,922
ASGARD INVEST
BE 0884.983.656
Genk · Eq €1,634,791
CLAES INVEST
BE 0893.899.045
Herk-de-Stad · Eq €1,634,810
INCENTIVES CONGRESSES AND TRAVEL
BE 0450.618.547
Kortrijk · Eq €1,633,617
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 22,464 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
Founded10-09-1999
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.