Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
PROJECT 12 from Edegem, company number BE0698882228, closed financial year 2024 with a result of € 78,210 after tax. For that financial year PROJECT 12 recorded a gross margin of € 91,671 and equity of € 14,610. Compared with financial year 2023, the result moved from € 13,805 to € 78,210. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 27, 2025.
€ 14,610
▲ € 78,210 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 78,210
▲ € 64,405 vs 2023
Profit after tax over the fiscal year.
€ 351
▲ 89% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 8,410.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,647
▼ 9% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 67,249
▼ 33% vs 2023
€ 43,881 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 55,668
▲ 95% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 24,069
▲ 112% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -91,079 | € 40,695 | € 21,713 | € 91,671 | ▲ € 69,957 |
| Profit after taxes | € -123,396 | € 10,711 | € 13,805 | € 78,210 | ▲ € 64,405 |
| Equity | € -88,116 | € -77,405 | € -63,600 | € 14,610 | ▲ € 78,210 |
| Total debts | € 153,327 | € 209,203 | € 154,022 | € 155,638 | ▲ 1% |
| Cash | € 636 | - | € 186 | € 351 | ▲ 89% |
| Retained profit | € -94,316 | € -83,605 | € -69,800 | € 8,410 | ▲ € 78,210 |
| Bank debt | € 34,276 | € 116,032 | € 100,219 | € 67,249 | ▼ 33% |
| Balance sheet total | € 65,211 | € 131,797 | € 90,422 | € 170,248 | ▲ 88% |
Key figures of PROJECT 12, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to PROJECT 12?
What happened at PROJECT 12 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 78,210 (▲ € 64,405 vs 2023). Source: NBB ↗
- New establishment in Edegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 123,396 loss in 2021 to € 78,210 profit in 2024.
Paid € 4,923 in corporate taxes since 2021.
Best year ever: 2024, with € 78,210 profit.
A new publication or filing at PROJECT 12? We notify you, reason included.
Follow PROJECT 12Databakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind PROJECT 12 is Sven Cauterts. It owns 79% of BELGIAN BARTENDER SCHOOL itself.
Directors
According to the 2024 annual accounts
Sven Cauterts
Director
Establishments
Establishment units
Physical locations of this company
Strijdersstraat 7 box 3
2650 Edegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
OVH, FR
Website info
Features
Security
Details
- Company number
- 0698.882.228
- VAT number
- BE 0698.882.228
- Registered office
- Strijdersstraat 7 bus 3, 2650 Edegem
- Names & denominations
- PROJECT 12
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 2018
- Peppol
- Active · Active since 31 Oct 2023
- Contact
- project12.be
- Activities · NACE
Groothandel in farmaceutische en medische artikelen
Overige niet-gespecialiseerde detailhandel
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Organisatie van congressen en beurzen
Patiëntenvervoer per ambulance
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Detailhandel via postorderbedrijven of via internet
Ziekenvervoer