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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Project-Z from Beringen, company number BE0811931768, closed financial year 2025 with a result of € -2,839 after tax. For that financial year Project-Z recorded a gross margin of € -645 and equity of € 56,357. Compared with financial year 2024, the result moved from € -5,145 to € -2,839. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 27, 2026.
€ 56,357
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,839
▲ 45 % less loss than in 2024
Profit after tax over the fiscal year.
€ 11
▼ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 37,757.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 494
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,137 | € -1,277 | € -2,752 | € -645 | ▲ € 2,107 |
| Profit after taxes | € 71,097 | € -4,214 | € -5,145 | € -2,839 | ▲ € 2,306 |
| Equity | € 68,555 | € 64,341 | € 59,196 | € 56,357 | ▼ 5% |
| Total debts | € 364,158 | € 368,376 | € 373,568 | € 376,367 | ▲ 1% |
| Cash | - | € 4 | € 50 | € 11 | ▼ 79% |
| Retained profit | € 49,955 | € 45,741 | € 40,596 | € 37,757 | ▼ 7% |
| Bank debt | € 11 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 432,713 | € 432,717 | € 432,763 | € 432,724 |
Key figures of Project-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 30 January 2027.
What happened to Project-Z?
What happened at Project-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 € 2,839. Source: NBB ↗
- New establishment in Beringen. KBO
- Start of the company according to the CBE. KBO
In short
From € 71,097 profit in 2022 to € 2,839 loss in 2025.
Best year ever: 2022, with € 71,097 profit.
Management
Behind Project-Z is ANN HAESEVOETS. It owns 100% of Borall NV itself.
Directors
According to the 2025 annual accounts
ANN HAESEVOETS
Director
Establishments
Establishment units
Physical locations of this company
Duistbosstraat 22
3583 Beringen
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
- 0811.931.768
- VAT number
- BE 0811.931.768
- Registered office
- Duistbosstraat 22, 3583 Beringen
- Names & denominations
- Project-Z
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 May 2009
- Peppol
- Not registered