OPENING OF BANKRUPTCY

PROJECT WORKS

Financial year 2022 · closed on 31/12/2022
Net result
-41,9 k €
-336.2% YoY
Gross margin
-26,1 k €
-151.9% YoY
Equity
25,5 k €
-62.2% YoY

Company — Opening of bankruptcy.

What does PROJECT WORKS do?

PROJECT WORKS is a Private company with limited liability incorporated in 2009. Its main activity is: Joinery installation. Its registered office is in Stabroek.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0816.918.558
Incorporation
07/07/2009
Legal form
Private company with limited liability
Registered office
Driehoek 17
2940 Stabroek · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2022
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2022202120202019201820172016201520142013201220112010
Income statement
Gross margin-26,1 k €50,4 k €4,5 k €21,2 k €44,5 k €56,4 k €35,8 k €15,2 k €14,7 k €36,6 k €43,3 k €18,4 k €34,2 k €
EBITDA-26,4 k €48,8 k €1,9 k €19 k €37,9 k €50 k €33,1 k €12,9 k €12,1 k €35 k €41,5 k €17,1 k €31,9 k €
Operating result-27,1 k €48,6 k €-37,9 k €9 k €27,8 k €35,7 k €-1,3 k €686 €4,3 k €31 k €39,4 k €14 k €21,1 k €
Net result-41,9 k €17,8 k €-48,5 k €-449,1 €13,9 k €25,2 k €1,1 k €-251,4 €4,6 k €23,5 k €12 k €11,9 k €21,3 k €
Balance sheet
Equity25,5 k €67,4 k €49,7 k €98,2 k €98,6 k €84,7 k €59,5 k €58,4 k €58,6 k €54 k €30,6 k €18,6 k €14,3 k €
Total assets262,7 k €294,6 k €266 k €288,6 k €319,6 k €231,9 k €150,9 k €137,3 k €156,8 k €121,9 k €80,7 k €38,8 k €31,5 k €
Cash102 €94,4 €25,1 k €700 €267,7 €70,2 k €1,8 k €133,2 €329,6 €972 €1,5 k €639,4 €2,9 k €
Debts237,2 k €211,5 k €216,3 k €190,4 k €221 k €147,1 k €91,4 k €78,9 k €98,2 k €66,9 k €49,3 k €20,3 k €17,2 k €
Governance

Board of directors

Seen on filing of 31/12/2022 · 1 active · 3 ended

Active mandates

Project Works Immo

Director · since 01 septembre 2018 · 0702.860.020

Represented by NELEN JEAN-PIERRE

Active

Ended mandates

Project Works Immo

Director · since 01 septembre 2018 · 0702.860.020

Represented by Jean-Pierre NELEN

Ended
Jean-Pierre NELEN

Manager · since 07 juillet 2009

Ended
Jean-Pierre Nelen

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
Project Works ImmoBankrupt
0702.860.020
Annual accounts

Full financial information

202220212020201920182017
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/10/202317/08/202212/07/202122/09/202020/06/201907/08/2018
General meeting21/06/202322/06/202223/06/202117/06/202019/06/201920/06/2018
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202221/06/202318/10/2023DutchPDF
Micro model31/12/202122/06/202217/08/2022DutchPDF
Micro model31/12/202023/06/202112/07/2021DutchPDF
Micro model31/12/201917/06/202022/09/2020DutchPDF
Micro model31/12/201819/06/201920/06/2019DutchPDF
Micro model31/12/201720/06/201807/08/2018DutchPDF
Micro model31/12/201621/06/201728/08/2017DutchPDF
Abridged model31/12/201522/06/201622/08/2016DutchPDF
Abridged model31/12/201417/06/201528/08/2015DutchPDF
Abridged model31/12/201318/06/201410/10/2014DutchPDF
Abridged model31/12/201219/06/201330/12/2013DutchPDF
Abridged model31/12/201120/06/201230/11/2012DutchPDF
Abridged model31/12/201022/06/201106/12/2011DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2022 · 1 active · 3 ended

Active mandates

Project Works Immo

Director · since 01 septembre 2018 · 0702.860.020

Represented by NELEN JEAN-PIERRE

Active

Ended mandates

Project Works Immo

Director · since 01 septembre 2018 · 0702.860.020

Represented by Jean-Pierre NELEN

Ended
Jean-Pierre NELEN

Manager · since 07 juillet 2009

Ended
Jean-Pierre Nelen

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/10/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/07/2009
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2022
    Annual accounts 2022-41,9 k €
  2. 2021
    Annual accounts 202117,8 k €
  3. 2020
    Annual accounts 2020-48,5 k €
  4. 2019
    Annual accounts 2019-449,1 €
  5. 2018
    Annual accounts 201813,9 k €
  6. 2017
    Annual accounts 201725,2 k €
  7. 2016
    Annual accounts 20161,1 k €
  8. 2015
    Annual accounts 2015-251,4 €
  9. 2014
    Annual accounts 20144,6 k €
  10. 2013
    Annual accounts 201323,5 k €
  11. 2012
    Annual accounts 201212 k €
  12. 2011
    Annual accounts 201111,9 k €
  13. 2010
    Annual accounts 201021,3 k €
  14. 07/07/2009
    IncorporationPrivate company with limited liability