Equity
€2.4m ▼ 6.6%
B2 PROJECTEN paid out €120,000 in dividends in a year with a loss of €46,594.
B2 PROJECTEN
Lifetime
20 annual accounts with figures on one time axis, 44 filings since 1982peak €649,363 (2008)
-€62▲ €37,506
lowest -€83,587 (2024)
-€46,594▲ €36,993
peak €2.9m (2022)
€2.4m▼ 6.6%
€153,137▼ 11.8%
Board3 names since 2009
2 directorsVAN HEULE Bert Cecile René and 1 other
Owners2 names in the annual accounts
Documentsfilings and deeds
07-05-202685 days before the deadline
2025abbreviated format
Gross margin from -€37,568 to -€62Loss of €46,594Dividend €120,000Cash from €45,275 to €14,445
Key points
from the 2025 annual accountsLosses
-€165,127 in three years
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
Filings
44 annual accounts since 1982
The last five annual accounts were filed 34 to 85 days before the end of the period.
Turnover not published (abbreviated format)
Checked score
93
Excellent
Financially stronger than 47% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: 0.1%▲ +0.1 percentage points vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.2%● unchanged vs 07-2025highest value
09-2025: 0.2%● unchanged vs 08-2025highest value
10-2025: 0.2%● unchanged vs 09-2025highest value
11-2025: 0.2%● unchanged vs 10-2025highest value
12-2025: 0.2%● unchanged vs 11-2025highest value
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.1%▼ -0.1 percentage points vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: < 0.1%▼ -0.1 percentage points vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 12.29, cash €14,445, halved
lowers risk
Size: total assets €2.5m
Founded in 1981
Figures for financial year 2025 (filed on 12-05-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 92% of them on solvency, 62% on liquidity, 9% on profitability and 26% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 8,617 companies had the same profile as B2 PROJECTEN has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of B2 PROJECTEN itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,617 companies, not a prediction for B2 PROJECTEN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €210,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 12.29 (11.75 in 2024), above the usual 1.5. Short-term debt is 6.1% and cash 0.6% of total assets. 6.1% of the assets are financed with debt and provisions.
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€46,594
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-05-2026, 85 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
85 days early
2024
44 days early
2023
34 days early
2022
54 days early
2021
47 days early
2020
30 days early
2019
42 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 48 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Marbel 50%score 95equity €5.6m (2025) · 2022 annual accounts of Marbel
- Marinbel 50%score 96equity €4.8m (2025) · 2024 annual accounts of Marinbel
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0422393626
Environmental permit refused
Bouwen of herbouwen, Het reliëf van de bodem aanmerkelijk wijzigen, Nieuwbouw of aanleggen and 2 more · Provincie Oost-Vlaanderen
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Zwevegem
Registered office moved from Zulte to Deinze
New registered office: E3-laan 67A04, 9800 Deinze · Previous registered office: Dorpsstraat 41, 9870 Zulte · Changes of role: VAN HEULE Bert Cecile René (director) and VAN HEULE Bruno Mieke Antoon (director) · General meeting of 27-12-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| B2 PROJECTEN Deinze | €2.5m | -€62 | 93.9% | - |
| BOUW en BEHEER Sint-Martens-Latem | €2.2m | -€50,155 | 22.5% | - |
| DHR PROJECTS Knokke-Heist | €2.5m | -€84,566 | 98.5% | 0.5 |
| BEXIM Charleroi | €2.7m | -€64,469 | 27.5% | - |
| KATLIMO Herent | €2.6m | -€15,887 | 5.4% | - |
| SOM DEVELOPMENT Genk | €3.1m | -€16,375 | 26.4% | - |
| DE VROONHOEVE Ninove | €1.8m | -€2,243 | 77.9% | - |
These companies have the same main activity as B2 PROJECTEN: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.8m and €3.1m, founded between 1976 and 1988.
Official details
Source: KBO- Status
- Active since 30-11-1981Normal situation
- Activity
- Development of residential building projectsNACE 68121
- Establishment unit
- 2.019.993.9209870 Zulte, since 19-09-1989
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Annual accounts 2025
- €2.5m▼ 6.9%
- Filing
- Filed on 07-05-2026, 85 days before the end of the filing period
Insights on B2 PROJECTEN
B2 PROJECTEN files the abbreviated format. That format states no turnover. The gross margin fell from €644,511 in 2006 to -€62 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about B2 PROJECTEN
- What is the company number of B2 PROJECTEN?
- The company number of B2 PROJECTEN is 0422.393.626. The VAT number is the same number with BE in front: BE 0422.393.626.
- Where is B2 PROJECTEN based?
- The registered office is at E 3 laan 67A04, 9800 Deinze.Company details
- What does B2 PROJECTEN do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of B2 PROJECTEN?
- B2 PROJECTEN is a private limited company (BV).
- When was B2 PROJECTEN founded?
- B2 PROJECTEN was founded on 30-11-1981.
- Is B2 PROJECTEN still active?
- Yes, B2 PROJECTEN is an active enterprise in the KBO register.
- What is the turnover of B2 PROJECTEN?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is B2 PROJECTEN profitable?
- In financial year 2025, B2 PROJECTEN made a loss of €46,594.
- Where can I find the annual accounts of B2 PROJECTEN?
- B2 PROJECTEN filed 44 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of B2 PROJECTEN due?
- B2 PROJECTEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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