Turnover
≈ €150,000 estimated
The micro format states no turnover.
ABP PROJECTS
Lifetime
6 annual accounts with figures on one time axispeak €142,838 (2020)
€25,672▼ 47.8%
lowest -€19,348 (2022)
€5,053▼ 79.2%
peak €42,092 (2024)
€42,092▲ 13.6%
€288,991▲ 4.2%
Board2 names since 2018
1 director
Documentsfilings and deeds
29-09-202560 days late
2024micro format
Gross margin from €49,154 to €25,672Result from €24,327 to €5,053Equity from €37,040 to €42,092Investments €71,454Cash from €3,600 to €1
Key points
from the 2024 annual accountsDebts
€288,991 87% of the balance sheet
Financial debts 39%Suppliers 54%Taxes and wages 5%Other 2%
Of this, €176,864 falls due within a year.
Investments
€71,454 5.5 × depreciation
Green is investment, beige is depreciation. Machinery stands 80.7% higher than in 2023.
Filings
6 annual accounts 107 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Starting capital
€18,600 100 shares
Position in the sector
12.7%
Lower solvency than 84% of companies in specialised construction. Sector median 46.6% · 36,050 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,273 companies had the same profile as ABP PROJECTS has now. Each dot stands for 9 companies, two years later.
94.7%
were still trading
2.6%
stopped another way
2.5%
went bankrupt
Another 0.2% 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.
| 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 3,273 companies, not a prediction for ABP PROJECTS. 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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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0704581274
Registered office moved to Ronse
New registered office: Ommegangstraat 37/A, 9600 Ronse · Change of role: , from manager to director · “Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;alle verrichtingen met…” (deed in Dutch) · General meeting of 30-09-2020 · Gazette deed
Incorporation
Founding capital of €18,600, 100 shares, €12,400 paid up · Founder: · Appointment: (manager) · published on 17-09-2018 · Gazette deed
First establishment
Steenweg op Mechelen 455, Kraainem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ABP PROJECTS | €331,084 | €25,672 | 12.7% | - |
| NSM IMMO Ixelles | €343,759 | €16,570 | 7.4% | - |
| MY CONSTRUCT. Colfontaine | €313,363 | €45,353 | 37.6% | - |
| MAT-TOM CONSTRUCT Roeselare | €309,713 | €18,376 | 36.0% | - |
| KOBA CONSTRUCT CLEANING Grimbergen | €254,082 | €44,176 | 30.4% | - |
| DZ BOUW Ghent | €278,478 | €46,951 | 20.0% | - |
| Vanhee Painting Oostrozebeke | €377,669 | €46,087 | 23.5% | - |
These companies have the same main activity as ABP PROJECTS: plastering work (NACE 43310). They are comparable in size and age: total assets between €254,000 and €378,000, founded between 2015 and 2019.
Official details
Source: KBO- Status
- Active since 13-09-2018Normal situation
- Legal form
- Private limited company
- Activity
- Plastering workNACE 43310
- Establishment unit
- 2.279.726.0681950 Kraainem, since 13-09-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 31-10-2023
Insights on ABP PROJECTS
ABP PROJECTS files the micro format. That format states no turnover. The gross margin rose from €10,107 in 2019 to €25,672 in 2024.
The balance sheet grew most in 2020 through fixed assets.
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 ABP PROJECTS
- What is the company number of ABP PROJECTS?
- The company number of ABP PROJECTS is 0704.581.274. The VAT number is the same number with BE in front: BE 0704.581.274.
- What does ABP PROJECTS do?
- According to the KBO register, the main activity is plastering work (NACE 43310).
- What is the legal form of ABP PROJECTS?
- ABP PROJECTS is a private limited company (BV).
- When was ABP PROJECTS founded?
- ABP PROJECTS was founded on 13-09-2018.
- Is ABP PROJECTS still active?
- Yes, ABP PROJECTS is an active enterprise in the KBO register.Company details
- What is the turnover of ABP PROJECTS?
- The turnover in financial year 2024 is ≈ €150,000. This figure is estimated from the gross margin of €25,672 and 98 comparable companies (NACE 433). It probably lies between €110,000 and €250,000.Financials
- Is ABP PROJECTS profitable?
- In financial year 2024, ABP PROJECTS made a profit of €5,053.
- Where can I find the annual accounts of ABP PROJECTS?
- ABP PROJECTS filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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