Liquidity
1.17 was 0.56 in 2024
Short-term debts rose from €8,698 to €8,913.
Avodah Project
Lifetime
4 annual accounts with figures on one time axispeak €626,424 (2022)
€428,595▲ 3.1%
lowest -€1,196 (2024)
€3,306▲ €4,503
peak €11,625 (2025)
€11,625▲ 84.0%
€8,913▲ 2.5%
Board1 name since 2021
1 directorDE JESUS FILHO Francisco
Documentsfilings and deeds
20-07-202611 days before the deadline
2025abbreviated format
Gross margin from €1,787 to €8,047Back to profit: €3,306Equity from €6,318 to €11,625
Key points
from the 2025 annual accountsFilings
4 annual accounts 3 late
The 2023 accounts came latest: 68 days after the end of the period.
Position in the sector
€11,625
Less equity than 89% of companies in specialised construction. Sector median €250,541 · 9,969 companies.
Checked score
51
Fair
Financially stronger than 61% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.4%
01-2025: 2.9%▼ -0.5 percentage points vs 12-2024
02-2025: 2.9%● unchanged vs 01-2025lowest value
03-2025: 3.1%▲ +0.2 percentage points vs 02-2025
04-2025: 3.1%● unchanged vs 03-2025
05-2025: 3.2%▲ +0.1 percentage points vs 04-2025
06-2025: 3.2%● unchanged vs 05-2025
07-2025: 3.2%● unchanged vs 06-2025
08-2025: 3.9%▲ +0.7 percentage points vs 07-2025
09-2025: 4.0%▲ +0.1 percentage points vs 08-2025
10-2025: 4.0%● unchanged vs 09-2025
11-2025: 4.0%● unchanged vs 10-2025
12-2025: 4.0%● unchanged vs 11-2025
01-2026: 4.0%● unchanged vs 12-2025
02-2026: 4.0%● unchanged vs 01-2026
03-2026: 4.2%▲ +0.2 percentage points vs 02-2026
04-2026: 4.3%▲ +0.1 percentage points vs 03-2026
05-2026: 4.3%● unchanged vs 04-2026
06-2026: 4.3%● unchanged vs 05-2026
07-2026: 4.3%● unchanged vs 06-2026highest value
08-2026: 3.6%▼ -0.7 percentage points vs 07-2026
09-2026: 3.5%▼ -0.1 percentage points vs 08-2026
10-2026: 3.5%● unchanged vs 09-2026
11-2026: 3.5%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2021
1 of the last 3 accounts late
Liquidity: current ratio 1.17
Sector: Specialised construction activities (NACE 43)
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 43, micro). It does better than 62% of them on solvency, 55% on liquidity, 55% on profitability and 71% 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 moderate class on 30-06-2025, 2.4% 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, 26,972 companies had the same profile as Avodah Project has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Avodah Project itself is higher: 3.5% within 12 months. It rests on far more data about Avodah Project than the profile alone.
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 26,972 companies, not a prediction for Avodah 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
Credit of up to €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.17 (0.56 in 2024), below the usual 1.5. Short-term debt is 43.4% of total assets. 43.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises riskneutral
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 20-07-2026, 11 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
11 days early
2024
28 days late
2023
68 days late
2022
67 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 38 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 17 September (3 of the last 4 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0768297705
Incorporation
Founding capital of €2,000, 100 shares · Founder: DE JESUS FILHO Fransisco Faustino · Appointment: DE JESUS FILHO Francisco (director) · published on 14-05-2021 · Gazette deed
First establishment
Jacques Vandervleetstraat 53, Jette
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Avodah Project Jette | €428,595 | 1.6% | 56.6% | - |
| DE KASTENBOUWER Zulte | - | - | -2.0% | - |
| Schrijnwerkenpj Oostkamp | - | - | 10.8% | - |
| DIDDEN PROJECTS Oudsbergen | - | - | 47.6% | - |
| FREDERIC DIEFELS MENUISERIE Stavelot | - | - | -142.2% | - |
| INDURO Sint-Pieters-Leeuw | €253,325 | 0.9% | 73.8% | - |
| Prof Pen Maasmechelen | - | - | -111.4% | - |
Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Avodah Project: joinery installation (NACE 43320). They are comparable in size and age: total assets between €18,400 and €22,600, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 11-05-2021Normal situation
- Activity
- Joinery installationNACE 43320and 2 others
- Establishment unit
- 2.370.801.9421090 Jette, since 11-05-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 22-01-2026
Annual accounts 2025
- €20,537▲ 36.8%
- Filing
- Filed on 20-07-2026, 11 days before the end of the filing period
Insights on Avodah Project
Solvency rose in 2025 from 42.1% to 56.6% because of the retained profit.
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 Avodah Project
- What is the company number of Avodah Project?
- The company number of Avodah Project is 0768.297.705. The VAT number is the same number with BE in front: BE 0768.297.705.
- Where is Avodah Project based?
- The registered office is at Jacques Vandervleetstraat 53, 1090 Jette.Company details
- What does Avodah Project do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of Avodah Project?
- Avodah Project is a private limited company (BV).
- When was Avodah Project founded?
- Avodah Project was founded on 11-05-2021.
- Is Avodah Project still active?
- Yes, Avodah Project is an active enterprise in the KBO register.
- What is the turnover of Avodah Project?
- The turnover of Avodah Project was €428,595 in financial year 2025, according to the filed annual accounts.Financials
- Is Avodah Project profitable?
- In financial year 2025, Avodah Project made a profit of €3,306.
- Where can I find the annual accounts of Avodah Project?
- Avodah Project filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Avodah Project due?
- Avodah Project must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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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