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B&M Project

Active
Private limited companyfounded 20251 yr activeMorekstraat 74, 9032 Gent, BelgiumKBO/BCE: BE 1021.867.086
Summary

B&M Project has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,065 and a net result of €7,065. Its solvency ranks better than 32% of 7625 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Checked score

Score 2025
Axes
Profitability90
Solvency52
Growth-
Track record67
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.86; short-term debt: 73.3% and cash: 47% of total assets), and 73.3% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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 07-07-2026, 24 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
24 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

B&M Project was incorporated on 2 April 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€11,065
Total assets
€41,432
Net result
€7,065
Working capital
-€4,363

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €41,177
Fixed assets €15,173
Current assets €26,003
Equity and liabilities €41,432
Equity €11,065
Debt €30,366
Debt finances 73.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€16,133
Cash flow
€12,490
Current ratio
0.86
Debt to equity
2.74
ROE
63.9%
ROA
17.1%
Interest coverage
17.28
Debt ≤ 1 year
€30,366
Income taxes
€2,710

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
97% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,390 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€41,432
Formation expenses20€255
Fixed assets21/28€15,173
Tangible fixed assets22/27€15,048
Plant, machinery and equipment23€15,048
Financial fixed assets28€125
Current assets29/58€26,003
Amounts receivable within one year40/41€6,415
Trade receivables40€3,390
Other amounts receivable41€3,025
Cash at bank and in hand54/58€19,463
Deferred charges and accrued income490/1€126
Equity and liabilities
Total equity and liabilities10/49€41,432
Equity10/15€11,065
Contributions10/11€4,000
Profit (loss) carried forward14€7,065
Amounts payable17/49€30,366
Amounts payable within one year42/48€30,366
Trade debts44€5,095
Suppliers440/4€5,095
Taxes, remuneration and social security45€4,404
Taxes450/3€4,404
Other amounts payable47/48€20,867
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,424
Other operating charges640/8€353
Gross operating margin9900€16,486
Operating profit (loss)9901€10,709
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€934
Recurring financial charges65€934
Profit (loss) for the period before taxes9903€9,775
Income taxes67/77€2,710
Profit (loss) for the period9904€7,065
Profit (loss) for the period to be appropriated9905€7,065
Appropriation of the result
Profit (loss) to be appropriated9906€7,065

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,424
Other operating charges640/8€353
Gross operating margin9900€16,486
Operating profit (loss)9901€10,709
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€934
Recurring financial charges65€934
Profit (loss) for the period before taxes9903€9,775
Income taxes67/77€2,710
Profit (loss) for the period9904€7,065
Profit (loss) for the period to be appropriated9905€7,065
Line2025
Assets
Total assets20/58€41,432
Formation expenses20€255
Fixed assets21/28€15,173
Tangible fixed assets22/27€15,048
Plant, machinery and equipment23€15,048
Financial fixed assets28€125
Current assets29/58€26,003
Amounts receivable within one year40/41€6,415
Trade receivables40€3,390
Other amounts receivable41€3,025
Cash at bank and in hand54/58€19,463
Deferred charges and accrued income490/1€126
Equity and liabilities
Total equity and liabilities10/49€41,432
Equity10/15€11,065
Contributions10/11€4,000
Profit (loss) carried forward14€7,065
Amounts payable17/49€30,366
Amounts payable within one year42/48€30,366
Trade debts44€5,095
Suppliers440/4€5,095
Taxes, remuneration and social security45€4,404
Taxes450/3€4,404
Other amounts payable47/48€20,867
Line2025
Profit (loss) for the period9904€7,065
+ Depreciation and write-downs630€5,424
Operating cash flow (approximation)€12,490

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
07-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
70 m²
Building footprint
54 m²
Parcel 44074B0038/00B003, Flanders. Linked by address, not a title deed.
1 establishment unit
B&M Project
Morekstraat 74, 9032 GentGeneral construction of residential buildings
since 20252.372.177.560
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44074B0038/00B003 Flanders 70 m² 1 · 54 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 29,786 companies in sector 41001 we hold annual accounts for 16,061. 9,655 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded02-04-2025
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43350Other building finishing work
68110Buying and selling of own real estate
81210General cleaning of buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:1021867086
Also 9925:BE1021867086
Registered 30-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.