Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PROJECT J.Z. from Herent, company number BE0465635137, closed financial year 2025 with a result of € -118,029 after tax. For that financial year PROJECT J.Z. recorded a gross margin of € -53,053 and equity of € 716,734. Compared with financial year 2024, the result moved from € 45,165 to € -118,029. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 716,734
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -118,029
▼ still € 45,165 profit in 2024
Profit after tax over the fiscal year.
€ 85
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 710,534.
People and assets in 2025
€ 36,817
▲ 207% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 546
▼ 98% vs 2024
Loans from banks and other lenders, long and short.
€ 4,343
▲ 118% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,712
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 155,263 | € 151,680 | € 116,783 | € -53,053 | ▼ € 169,836 |
| Profit after taxes | € 68,627 | € 64,769 | € 45,165 | € -118,029 | ▼ € 163,194 |
| Equity | € 905,858 | € 873,606 | € 881,664 | € 716,734 | ▼ 19% |
| Total debts | € 201,356 | € 185,583 | € 82,816 | € 78,294 | ▼ 5% |
| Cash | € 3,310 | € 0 | - | € 85 | |
| Land & buildings | € 808,896 | € 767,862 | € 728,480 | € 689,578 | ▼ 5% |
| Retained profit | € 899,658 | € 867,406 | € 875,464 | € 710,534 | ▼ 19% |
| Dividend | € 67,820 | € 97,021 | € 37,107 | € 46,901 | ▲ 26% |
| Bank debt | € 106,283 | € 65,699 | € 30,647 | € 546 | ▼ 98% |
| Balance sheet total | € 1,107,214 | € 1,059,189 | € 964,480 | € 795,028 | ▼ 18% |
Key figures of PROJECT J.Z., fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to PROJECT J.Z.?
What happened at PROJECT J.Z. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 118,029 (▼ € 163,194 vs 2024). Source: NBB ↗
- New establishment in Herent. KBO
- Start of the company according to the CBE. KBO
In short
From € 68,627 profit in 2022 to € 118,029 loss in 2025.
Paid € 76,266 in corporate taxes since 2022.
Best year ever: 2022, with € 68,627 profit.
Paid out € 248,849 in dividends to the owners in total.
Management
Behind PROJECT J.Z. is Emmy Mertens.
Directors
According to the 2025 annual accounts
Emmy Mertens
Director
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 361
3020 Herent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0465.635.137
- VAT number
- BE 0465.635.137
- Registered office
- Brusselsesteenweg 361, 3020 Herent
- Names & denominations
- PROJECT J.Z.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 March 1999
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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