Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
JSC PROJECT from Ittre, company number BE0775413050, closed financial year 2025 with a result of € -228,248 after tax. For that financial year JSC PROJECT recorded revenue of € 655,124 and equity of € -180,051. Compared with financial year 2024, the result moved from € 12,492 to € -228,248. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2026.
€ -180,051
▼ € 228,248 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -228,248
▼ still € 12,492 profit in 2024
Profit after tax over the fiscal year.
€ 88,527
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -190,051.
People and assets in 2025
€ 1.7 million
▲ 42% vs 2024
Of which on lease € 1.2 million.
Debts at end 2025
€ 1.3 million
▲ 85% vs 2024
€ 312,819 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 205,769
▲ 100% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 477
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 174,801 | € 305,127 | € 453,180 | € 655,124 | ▲ 45% |
| Gross margin | € 97,762 | € 200,160 | € 407,107 | € 385,861 | ▼ 5% |
| Profit after taxes | € 3,461 | € 28,564 | € 12,492 | € -228,248 | ▼ € 240,740 |
| Equity | € 17,141 | € 35,705 | € 48,197 | € -180,051 | ▼ € 228,248 |
| Total debts | € 630,853 | € 926,959 | € 1,475,633 | € 2,313,562 | ▲ 57% |
| Cash | € 12,685 | € 38,131 | € 100,800 | € 88,527 | ▼ 12% |
| Retained profit | € 7,141 | € 25,705 | € 38,197 | € -190,051 | ▼ € 228,248 |
| Dividend | € 0 | € 10,000 | € 0 | € 0 | |
| Bank debt | € 181,125 | € 237,178 | € 682,819 | € 1,262,912 | ▲ 85% |
| Balance sheet total | € 647,994 | € 962,664 | € 1,523,830 | € 2,133,511 | ▲ 40% |
Key figures of JSC PROJECT, 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 JSC PROJECT?
What happened at JSC PROJECT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 228,248 (▼ € 240,740 vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 3,461 profit in 2022 to € 228,248 loss in 2025.
Paid € 17,295 in corporate taxes since 2022.
Best year ever: 2023, with € 28,564 profit.
Paid out € 10,000 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Quartier du Tram 51
1460 Ittre
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0775.413.050
- VAT number
- BE 0775.413.050
- Registered office
- Quartier du Tram 51, 1460 Ittre
- Names & denominations
- JSC PROJECT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 October 2021
- Peppol
- Active · Active since 1 Jan 2026
- Activities · NACE
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Opslag
Diensten in verband met vervoer te land
Wassen en poetsen van motorvoertuigen
Overige zakelijke dienstverlening, neg
Diverse administratieve activiteiten ten behoeve van kantoren