OPENING OF BANKRUPTCY

PROJECT-X

Financial year 2023 · closed on 31/12/2023
Net result
-28,6 k €
-164.2% YoY
Gross margin
-26,1 k €
-196.8% YoY
Equity
-98,5 k €
-40.9% YoY

Company — Opening of bankruptcy.

What does PROJECT-X do?

PROJECT-X is a Private limited company incorporated in 2004. Its main activity is: Painting and glazing. Its registered office is in Herent.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0870.487.304
Incorporation
30/11/2004
Legal form
Private limited company
Registered office
Mechelsesteenweg 1004
3020 Herent · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2023
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2023202220212018201720162013201220112010200920082007
Income statement
Gross margin-26,1 k €-8,8 k €-1,5 k €21,5 k €15,4 k €4 k €6,6 k €30,1 k €28,2 k €56,3 k €29,6 k €-19,7 k €-407,8 €
EBITDA-27,2 k €-9,4 k €-2,3 k €21 k €12,6 k €3,4 k €3,6 k €18,8 k €22 k €53,3 k €26,7 k €-21,2 k €-1,2 k €
Operating result-28,2 k €-10,4 k €-3,7 k €18,9 k €10,5 k €582,8 €-3,8 k €11,2 k €15,6 k €47,6 k €25,9 k €-21,5 k €-1,2 k €
Net result-28,6 k €-10,8 k €-6 k €18,3 k €-22,7 k €-1,1 k €-11,7 k €4,8 k €8,6 k €30,5 k €20,6 k €-24,3 k €-3,2 k €
Balance sheet
Equity-98,5 k €-69,9 k €-59,1 k €-39,9 k €-58,2 k €-35,5 k €1,3 k €13 k €8,2 k €6,3 k €-10,6 k €-31,3 k €-7 k €
Total assets43,2 k €55,5 k €76,5 k €56,2 k €30 k €58,5 k €153,6 k €158,7 k €179 k €173,4 k €128,6 k €58 k €102,3 k €
Cash23,9 k €33 k €53 k €29,1 k €16,6 k €5,2 k €2,7 k €4,4 k €3,9 k €28,3 k €13,7 k €19,3 k €
Debts141,7 k €122,8 k €135,6 k €96,1 k €88,2 k €94 k €152,2 k €145,7 k €170,7 k €167,1 k €139,3 k €88,5 k €107,7 k €
Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 4 ended

Active mandates

JOCHEN DONNY

Managing director · since 30 novembre 2004

Active

Ended mandates

JOCHEN DONNY

Director · since 09 décembre 2004

Ended
Jochen Donny

Manager · since 01 décembre 2004

Ended
Jochen Donny

Manager

Ended
JOCHEN DONNY

Director

Ended
Annual accounts

Full financial information

202320222021202020192018
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/08/202428/08/202309/06/202227/08/202127/10/202002/09/2019
General meeting23/08/202417/08/202327/05/202203/08/202128/08/202031/05/2019
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202323/08/202426/08/2024DutchPDF
Micro model31/12/202217/08/202328/08/2023DutchPDF
Micro model31/12/202127/05/202209/06/2022DutchPDF
Micro model31/12/202003/08/202127/08/2021DutchPDF
Micro model31/12/201928/08/202027/10/2020DutchPDF
Micro model31/12/201831/05/201902/09/2019DutchPDF
Micro model31/12/201725/05/201802/09/2019DutchPDF
Micro model31/12/201626/05/201730/09/2017DutchPDF
Abridged model31/12/201527/05/201604/05/2017DutchPDF
Abridged model31/12/201330/05/201403/10/2014DutchPDF
Abridged model31/12/201231/05/201308/10/2013DutchPDF
Abridged model31/12/201125/05/201227/12/2012DutchPDF
Abridged model31/12/201027/05/201107/11/2011DutchPDF
Abridged model31/12/200925/11/201008/12/2010DutchPDF
Abridged model31/12/200829/05/200927/08/2009DutchPDF
Abridged model31/12/200730/05/200805/12/2008DutchPDF
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 31/12/2023 · 1 active · 4 ended

Active mandates

JOCHEN DONNY

Managing director · since 30 novembre 2004

Active

Ended mandates

JOCHEN DONNY

Director · since 09 décembre 2004

Ended
Jochen Donny

Manager · since 01 décembre 2004

Ended
Jochen Donny

Manager

Ended
JOCHEN DONNY

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution13/06/2025
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Mandates29/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/12/2004
    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. 2023
    Annual accounts 2023-28,6 k €
  2. 2022
    Annual accounts 2022-10,8 k €
  3. 2021
    Annual accounts 2021-6 k €
  4. 2018
    Annual accounts 201818,3 k €
  5. 2017
    Annual accounts 2017-22,7 k €
  6. 2016
    Annual accounts 2016-1,1 k €
  7. 2013
    Annual accounts 2013-11,7 k €
  8. 2012
    Annual accounts 20124,8 k €
  9. 2011
    Annual accounts 20118,6 k €
  10. 2010
    Annual accounts 201030,5 k €
  11. 2009
    Annual accounts 200920,6 k €
  12. 2008
    Annual accounts 2008-24,3 k €
  13. 2007
    Annual accounts 2007-3,2 k €
  14. 30/11/2004
    IncorporationPrivate limited company