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AB PROJECT

Active Private limited companyfounded 2015active for 10 yearsIndustrieweg-Noord 1118, 3660 OudsbergenKBO/BCE: BE 0643.784.842

Lifetime

8 annual accounts with figures on one time axis
peak €290,694 (2021)
-€1,301▲ €8,217
lowest -€10,100 (2023)
-€3,780▲ €6,320
peak €22,262 (2021)
€7,948▼ 32.2%
€223,147▼ 71.8%
Board8 names since 2015
2 directors and 1 other
Documentsfilings and deeds
02-07-202529 days before the deadline
2024abbreviated format
Gross margin from -€9,518 to -€1,301Loss of €3,780Equity from €11,728 to €7,948Debts from €790,123 to €223,147Cash from €11,680 to €183,143

Key points

from the 2024 annual accounts

Losses

-€13,879 in two years
-10,1002023-3,7802024

The 2023 and 2024 financial years closed with a loss. 2023 was the heaviest.

Debts

€223,147 97% of the balance sheet

Filings

8 annual accounts 105 days past the deadline
AprilJune31 JulyOctober2020

2025 accounts not filed: deadline was 31-07-2026.

Turnover not published (abbreviated or micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,037 companies had the same profile as AB PROJECT has now. Each dot stands for 3 companies, two years later.

93.8%
were still trading
2.9%
stopped another way
2.9%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency under 10%
  • a small loss

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 1,037 companies, not a prediction for AB PROJECT. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director,
Manager,
  • 50%deed of 12-11-2020
  • 50%deed of 12-11-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0643784842
Environmental permit granted Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Heusden-Zolder
holds 50% of the shares holds 50% of the shares · Director in office: (manager) · General meeting of 10-09-2020 · Gazette deed
Environmental permit granted Bouwen of herbouwen · Lommel
All 23 events

Comparable companies

same main activity, similar in size and age
Company
AB PROJECT Oudsbergen €231,096 -€1,301 3.4% -
Isovera Hasselt €243,976 -€198,064 -196.4% -
PRIMA VILLA Bree €257,160 -€14,378 58.0% -
Concept'House Brussels €229,601 -€74,242 33.3% -
BT GROUP BELGIUM Zaventem €236,700 -€41,439 40.9% -
CHANTIERS KUYPERS Nivelles €248,693 -€179,933 16.6% -
Michael Schlabertz Construction Saint-Vith €258,956 €488 90.1% -

These companies have the same main activity as AB PROJECT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €230,000 and €259,000, founded between 2015 and 2016.

Official details

Source: KBO
Status
Active since 02-12-2015Normal situation
Registered office
20 active companies are registered at this addressSource: KBO register, as of 13 November 2026.
Activity
General construction of residential buildingsNACE 41001and 2 others
Establishment unit
2.302.285.0033660 Oudsbergen, since 02-12-2015
Financial year end
31 December
Peppol
Reachable since 05-01-2026
Company details

Annual accounts 2024

€231,096▼ 71.2%
Filing
Filed on 02-07-2025
Financials

Insights on AB PROJECT

AB PROJECT files the abbreviated format. That format states no turnover. The gross margin rose from -€2,234 in 2016 to -€1,301 in 2024.

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 AB PROJECT

What is the company number of AB PROJECT?
The company number of AB PROJECT is 0643.784.842. The VAT number is the same number with BE in front: BE 0643.784.842.
Where is AB PROJECT based?
The registered office is at Industrieweg-Noord 1118, 3660 Oudsbergen.Company details
What does AB PROJECT do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of AB PROJECT?
AB PROJECT is a private limited company (BV).
When was AB PROJECT founded?
AB PROJECT was founded on 02-12-2015.
Is AB PROJECT still active?
Yes, AB PROJECT is an active enterprise in the KBO register.
What is the turnover of AB PROJECT?
The annual accounts for financial year 2024 state no turnover. The abbreviated or micro format does not require it.Financials
Is AB PROJECT profitable?
In financial year 2024, AB PROJECT made a loss of €3,780.
Where can I find the annual accounts of AB PROJECT?
AB PROJECT filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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