B&M PROJECTS
ActiveSummary
B&M PROJECTS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €265,426. Equity is growing by ~20.2% per year across the filed fiscal years. Its solvency ranks better than 45% of 17179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▼-6
Solvency80▼-20
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100,000 at 30 days acceptable
Liquidity ample (current ratio 2.59 against 4.42 in 2024; short-term debt: 22.4% and cash: 24.2% of total assets), and 45.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54.7%
Return on assets
11.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
29 d late
2023
30 d late
2022
5 d early
2021
4 d early
2020
1 d early
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#4 company by total assets in Bilzen-Hoeselt, Telecoms and IT sector#5 company by equity in Bilzen-Hoeselt, Telecoms and IT sector
Equity
€1.3m▲ 9.8%
2024 · €1.2m
Total assets
€2.3m▲ 50.3%
2024 · €1.6m
Net result
€265,426▲ 6.0%
2024 · €250,413
Working capital
€836,510▼ 19.5%
2024 · €1.0m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€172,101▼ 19.9%€276,321▲ 60.6%€323,823▲ 17.2%€369,359▲ 14.1%€403,580▲ 9.3%
Net result€113,338▼ 25.5%€186,578▲ 64.6%€216,681▲ 16.1%€250,413▲ 15.6%€265,426▲ 6.0%
Equity€648,520▲ 18.7%€774,099▲ 19.4%€978,030▲ 26.3%€1.2m▲ 19.5%€1.3m▲ 9.8%
Total assets€1.2m▲ 13.7%€1.3m▲ 3.2%€1.4m▲ 14.1%€1.6m▲ 8.2%€2.3m▲ 50.3%
Debt€576,764▲ 8.6%€490,495▼ 15.0%€464,837▼ 5.2%€392,478▼ 15.6%€1.1m▲ 171%
Working capital€633,676▼ 6.6%€770,021▲ 21.5%€920,729▲ 19.6%€1.0m▲ 12.9%€836,510▼ 19.5%
Staff (FTE)4▲ 2.6%5.3▲ 32.5%5.4▲ 1.9%5.9▲ 9.3%6.4▲ 8.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 9% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.3m
Fixed assets
€983,869 ▲ 351%
Current assets
€1.4m ▲ 1.4%
Equity and liabilities €2.3m
Equity
€1.3m ▲ 9.8%
Debt
€1.1m ▲ 171%
Debt's share of the balance-sheet total rises from 25.1% to 45.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€484,110▲
2024 · €422,930
Cash flow
€345,955▲
2024 · €303,985
Current ratio
2.59▼
2024 · 4.42
Quick ratio
2.33▼
2024 · 3.96
Debt to equity
0.83▲
2024 · 0.34
ROE
20.7%▼
2024 · 21.4%
ROA
11.3%▼
2024 · 16.0%
Interest coverage
19.21▼
2024 · 34.55
Debt ≤ 1 year
€525,141▲
2024 · €303,601
Debt > 1 year
€536,810▲
2024 · €88,876
Income taxes
€122,178▲
2024 · €114,890
Staff costs
€336,433▲
2024 · €309,745
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 34,672 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €7,745 | - |
| Remuneration, social security and pensions62 | €153,073 | €250,051 | €268,106 | €309,745 | €336,433 | ▲ 8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37,522 | €49,733 | €54,769 | €53,572 | €80,529 | ▲ 50.3% |
| Other operating charges640/8 | €1,856 | €1,907 | €2,176 | €22,185 | €13,436 | ▼ 39.4% |
| Non-recurring operating charges66A | - | - | €173 | - | €9,230 | - |
| Gross operating margin9900 | €364,552 | €578,012 | €649,047 | €754,861 | €843,210 | ▲ 11.7% |
| Operating profit (loss)9901 | €172,101 | €276,321 | €323,823 | €369,359 | €403,580 | ▲ 9.3% |
| Financial income75/76B | €838 | €1,705 | €4,818 | €8,185 | €9,226 | ▲ 12.7% |
| Recurring financial income75 | €838 | €1,705 | €4,818 | €8,185 | €9,226 | ▲ 12.7% |
| Financial charges65/66B | €8,851 | €10,502 | €11,646 | €12,240 | €25,202 | ▲ 106% |
| Recurring financial charges65 | €8,851 | €10,502 | €11,646 | €12,240 | €25,202 | ▲ 106% |
| Profit (loss) for the period before taxes9903 | €164,088 | €267,524 | €316,995 | €365,303 | €387,604 | ▲ 6.1% |
| Transfer from deferred taxes780 | €0 | - | - | - | - | - |
| Income taxes67/77 | €50,750 | €80,946 | €100,314 | €114,890 | €122,178 | ▲ 6.3% |
| Profit (loss) for the period9904 | €113,338 | €186,578 | €216,681 | €250,413 | €265,426 | ▲ 6.0% |
| Transfer from tax-exempt reserves789 | €49,277 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €162,616 | €186,578 | €216,681 | €250,413 | €265,426 | ▲ 6.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.3m | €1.4m | €1.6m | €2.3m | ▲ 50.3% |
| Fixed assets21/28 | €214,199 | €229,746 | €225,642 | €218,357 | €983,869 | ▲ 351% |
| Intangible fixed assets21 | €7,738 | €4,388 | €8,474 | €4,811 | €2,186 | ▼ 54.6% |
| Tangible fixed assets22/27 | €206,462 | €225,358 | €217,167 | €213,545 | €981,683 | ▲ 360% |
| Land and buildings22 | €6,339 | €5,596 | €4,853 | €34,793 | €119,807 | ▲ 244% |
| Plant, machinery and equipment23 | €136,681 | €173,373 | €147,369 | €136,216 | €707,263 | ▲ 419% |
| Furniture and vehicles24 | €4,470 | €2,160 | €35,460 | €27,793 | €154,613 | ▲ 456% |
| Leasing and similar rights25 | €58,971 | €44,229 | €29,486 | €14,743 | €0 | ▼ 100% |
| Current assets29/58 | €1.0m | €1.0m | €1.2m | €1.3m | €1.4m | ▲ 1.4% |
| Amounts receivable after more than one year29 | €47,967 | €71,967 | €71,967 | €71,967 | €71,967 | = |
| Other amounts receivable291 | €47,967 | €71,967 | €71,967 | €71,967 | €71,967 | = |
| Stocks and contracts in progress3 | €389,294 | €520,718 | €246,329 | €140,656 | €140,656 | = |
| Stocks30/36 | €389,294 | €520,718 | €246,329 | €140,656 | €140,656 | = |
| Amounts receivable within one year40/41 | €208,832 | €152,073 | €280,441 | €364,204 | €377,657 | ▲ 3.7% |
| Trade receivables40 | €175,700 | €147,489 | €192,527 | €271,842 | €197,971 | ▼ 27.2% |
| Other amounts receivable41 | €33,132 | €4,585 | €87,914 | €92,362 | €179,686 | ▲ 94.5% |
| Current investments50/53 | €198,057 | €198,057 | €198,057 | €198,057 | €198,057 | = |
| Cash at bank and in hand54/58 | €161,455 | €88,452 | €413,692 | €561,466 | €568,742 | ▲ 1.3% |
| Deferred charges and accrued income490/1 | €5,480 | €3,581 | €6,740 | €6,315 | €4,572 | ▼ 27.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.3m | €1.4m | €1.6m | €2.3m | ▲ 50.3% |
| Equity10/15 | €648,520 | €774,099 | €978,030 | €1.2m | €1.3m | ▲ 9.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €629,918 | €755,468 | €959,398 | €1.1m | €1.3m | ▲ 10.0% |
| Non-distributable reserves130/1 | €199,917 | €199,917 | €198,057 | €198,057 | €198,057 | = |
| Reserves not available under the articles1311 | €1,860 | €199,917 | €198,057 | €198,057 | €198,057 | = |
| Own shares acquired1312 | €198,057 | - | - | - | - | - |
| Tax-exempt reserves132 | €12,750 | €12,750 | €12,750 | €12,750 | €12,750 | = |
| Distributable reserves133 | €417,250 | €542,800 | €748,590 | €939,090 | €1.1m | ▲ 12.3% |
| Profit (loss) carried forward14 | €3 | €31 | €33 | €46 | - | - |
| Amounts payable17/49 | €576,764 | €490,495 | €464,837 | €392,478 | €1.1m | ▲ 171% |
| Amounts payable after more than one year17 | €199,355 | €225,668 | €165,922 | €88,876 | €536,810 | ▲ 504% |
| Financial debts170/4 | €199,355 | €225,668 | €165,922 | €88,876 | €536,810 | ▲ 504% |
| Amounts payable within one year42/48 | €377,409 | €264,827 | €296,497 | €303,601 | €525,141 | ▲ 73.0% |
| Current portion of amounts payable after more than one year42 | €78,896 | €107,775 | €94,719 | €75,798 | €139,890 | ▲ 84.6% |
| Financial debts43 | €60,000 | €80,000 | €100,000 | €46,807 | €26,957 | ▼ 42.4% |
| Credit institutions430/8 | €60,000 | €80,000 | €100,000 | €46,807 | €26,957 | ▼ 42.4% |
| Trade debts44 | €210,574 | €46,683 | €71,869 | €125,399 | €137,574 | ▲ 9.7% |
| Suppliers440/4 | €210,574 | €46,683 | €71,869 | €125,399 | €137,574 | ▲ 9.7% |
| Advances received on contracts in progress46 | €1,840 | €190 | - | - | - | - |
| Taxes, remuneration and social security45 | €17,288 | €28,041 | €29,908 | €55,598 | €70,321 | ▲ 26.5% |
| Taxes450/3 | €643 | €965 | €475 | €25,890 | €37,068 | ▲ 43.2% |
| Remuneration and social security454/9 | €16,645 | €27,076 | €29,434 | €29,708 | €33,253 | ▲ 11.9% |
| Other amounts payable47/48 | €8,811 | €2,137 | €0 | €0 | €150,400 | - |
| Accrued charges and deferred income492/3 | - | - | €2,418 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €113,338 | €186,578 | €216,681 | €250,413 | €265,426 | ▲ 6.0% |
| + Depreciation and write-downs630 | €37,522 | €49,733 | €54,769 | €53,572 | €80,529 | ▲ 50.3% |
| Operating cash flow (approximation) | €150,860 | €236,312 | €271,451 | €303,985 | €345,955 | ▲ 13.8% |
| Investment in fixed assets (approximation) | - | -€65,280 | -€50,665 | -€46,287 | -€846,041 | ▼ 1,728% |
| Change in cash | - | -€73,003 | €325,240 | €147,774 | €7,277 | ▼ 95.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €265,426 ▲6%
Operating result €403,580, net result €265,426, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Equity above €1mEq €1.2m ▲19.5%
7 profitable years in a row build equity to €1.2m.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €500,000Eq €546,582 ▲27.8%
3 profitable years in a row build equity to €546,582.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 acts for this company are 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, Bilzen-Hoeselt · 1 establishment unit since 2007
Ground area
2,434 m²
Building footprint
955 m²
Volume, LiDAR
4,514 m³
Parcel 73006A0045/00S000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ALUSPORT EQUIPEMENT
since 20072.166.442.144
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73006A0045/00S000 | Flanders | 2,434 m² | 1 · 955 m² | 10.1 m · 2 fl. |
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.
Structure & network
Owners and holdings
1 ownerOwners 1
- Bart Jansennatural personSourceown accounts 2024100%
Holdings 0
The accounts to 31-12-2024 list no holdings, and no other source names one.
According to the 2024 annual accounts of B&M PROJECTS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 3 entries · 10,075 EUR awarded · 10,075 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,000 EUR | 1,000 EUR |
| 2023 | 2 | 9,075 EUR | 9,075 EUR |
Recognitions · licences · registrations
Dual-learning approval
4 live approvalsHoeknaadlasser duaal (so)
Lassen-constructie duaal (so)
Lasser-monteerder (vwo)
Lasser-monteerder duaal (so)
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Of 16,910 companies in sector 62100 we hold annual accounts for 8,778. 3,550 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
Founded24-10-2007
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
62100Computer programming
29320Manufacture of motor vehicles, trailers and semi-trailers
71112Activities of interior architects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0893097707
Also
9925:BE0893097707
Registered
01-04-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.