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B PROPERTIES

Active
Private limited company (pre-2019)founded 201610 yrs activeRue des Bruyères 14, 1390 Grez-Doiceau, BelgiumKBO/BCE: BE 0649.697.981
Summary

B PROPERTIES has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44,885 and a net result of €18,620. Equity is shrinking by ~16% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 86% of 4577 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 9.16 against 5.82 in 2024; short-term debt: 10.9% and cash: 100% of total assets), and 10.9% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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 2025
Solvency, return and age of the figures
Solvency
89.1%
Return on assets
37%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €44,885
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
5 d late
2024
59 d late
2023
12 d late
2022
31 d late
2021
23 d late
2020
27 d late
2019
60 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 31 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
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 PROPERTIES was incorporated on 7 March 2016.1 Total assets fell from EUR 102,056 in 2018 to EUR 50,386 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€18,620▲ 2.0%
2024 · €18,247
Working capital
€44,885▲ 70.9%
2024 · €26,264
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€26,884▼ 7,031%-€26,073▲ 3.0%-€18,299▲ 29.8%€18,292€18,927▲ 3.5%
Net result-€26,802below the sector's middle half▼ 8,328%-€26,029below the sector's middle half▲ 2.9%-€18,266within the sector's middle half▲ 29.8%€18,247within the sector's middle half€18,620within the sector's middle half▲ 2.0%
Equity€52,313below the sector's middle half▼ 33.9%€26,284below the sector's middle half▼ 49.8%€8,017below the sector's middle half▼ 69.5%€26,264below the sector's middle half▲ 228%€44,885below the sector's middle half▲ 70.9%
Total assets€54,211below the sector's middle half▼ 39.1%€29,574below the sector's middle half▼ 45.4%€22,022below the sector's middle half▼ 25.5%€31,712below the sector's middle half▲ 44.0%€50,386below the sector's middle half▲ 58.9%
Debt€1,898▼ 80.8%€3,290▲ 73.4%€14,005▲ 326%€5,448▼ 61.1%€5,502▲ 1.0%
Working capital€51,934▼ 33.7%€26,284▼ 49.4%€8,017▼ 69.5%€26,264▲ 228%€44,885▲ 70.9%
Solvency96.5%above the sector's middle half▲ 7.6pp88.9%above the sector's middle half▼ 7.6pp36.4%within the sector's middle half▼ 52.5pp82.8%above the sector's middle half▲ 46.4pp89.1%above the sector's middle half▲ 6.3pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2021: -€26,884-€26,884Net result 2021: -€26,802-€26,802Operating result 2022: -€26,073-€26,073Net result 2022: -€26,029-€26,029Operating result 2023: -€18,299-€18,299Net result 2023: -€18,266-€18,266Operating result 2024: €18,292€18,292Net result 2024: €18,247€18,247Operating result 2025: €18,927€18,927Net result 2025: €18,620€18,62020212022202320242025-€20,000-€10,000€0€10,000€20,000Operating result 2023: -€18,299-€18,300Net result 2023: -€18,266-€18,300Operating result 2024: €18,292€18,300Net result 2024: €18,247€18,200Operating result 2025: €18,927€18,900Net result 2025: €18,620€18,600202320242025
The operating result has risen four years in a row; 2025 is 3% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €50,386
Equity €44,885 ▲ 70.9%
Debt €5,502 ▲ 1.0%
Debt's share of the balance-sheet total falls from 17.2% to 10.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
9.16▲
2024 · 5.82
Debt to equity
0.12▼
2024 · 0.21
ROE
41.5%▼
2024 · 69.5%
ROA
37.0%▼
2024 · 57.5%
Debt ≤ 1 year
€5,502▲
2024 · €5,448
Income taxes
€475▲
2024 · €122
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of 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 0.3% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€31,712€50,386▲
Current assets29/58€31,712€50,386▲
Amounts receivable within one year40/41€14,520-
Trade receivables40€14,520-
Cash at bank and in hand54/58€17,192€50,386▲
Equity and liabilities
Total equity and liabilities10/49€31,712€50,386▲
Equity10/15€26,264€44,885▲
Contributions10/11€6,200€6,200=
Capital10€6,200€6,200=
Issued capital100€18,600€18,600=
Uncalled capital101€12,400€12,400=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Legal reserve130€1,860€1,860=
Profit (loss) carried forward14€18,204€36,825▲
Amounts payable17/49€5,448€5,502▲
Amounts payable within one year42/48€5,448€5,502▲
Trade debts44€1,586€1,489▼
Suppliers440/4€1,586€1,489▼
Taxes, remuneration and social security45€2,094€2,647▲
Taxes450/3€2,094€2,647▲
Other amounts payable47/48€1,769€1,366▼
Income statement Code20242025
Other operating charges640/8€1,566€695▼
Gross operating margin9900€19,858€19,622▼
Operating profit (loss)9901€18,292€18,927▲
Financial income75/76B€77€168▲
Recurring financial income75€77€168▲
Profit (loss) for the period before taxes9903€18,369€19,095▲
Income taxes67/77€122€475▲
Profit (loss) for the period9904€18,247€18,620▲
Profit (loss) for the period to be appropriated9905€18,247€18,620▲
Appropriation of the result
Profit (loss) to be appropriated9906€18,204€36,825▲
Profit (loss) brought forward from the previous period14P-€43€18,204▲

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€379€379----
Other operating charges640/8€651€472€890€1,566€695▼ 55.6%
Gross operating margin9900-€25,854-€25,222-€17,409€19,858€19,622▼ 1.2%
Operating profit (loss)9901-€26,884-€26,073-€18,299€18,292€18,927▲ 3.5%
Financial income75/76B€96€56€38€77€168▲ 118%
Recurring financial income75€96€56€38€77€168▲ 118%
Financial charges65/66B-€3----
Recurring financial charges65-€3----
Profit (loss) for the period before taxes9903-€26,788-€26,020-€18,261€18,369€19,095▲ 4.0%
Income taxes67/77€14€8€6€122€475▲ 289%
Profit (loss) for the period9904-€26,802-€26,029-€18,266€18,247€18,620▲ 2.0%
Profit (loss) for the period to be appropriated9905-€26,802-€26,029-€18,266€18,247€18,620▲ 2.0%
Line20212022202320242025Change
Assets
Total assets20/58€54,211€29,574€22,022€31,712€50,386▲ 58.9%
Fixed assets21/28€379-----
Tangible fixed assets22/27€379-----
Furniture and vehicles24€379-----
Current assets29/58€53,832€29,574€22,022€31,712€50,386▲ 58.9%
Amounts receivable within one year40/41€825€2,442€14,673€14,520--
Trade receivables40-€783€14,593€14,520--
Other amounts receivable41€825€1,659€80---
Cash at bank and in hand54/58€53,007€27,132€7,349€17,192€50,386▲ 193%
Equity and liabilities
Total equity and liabilities10/49€54,211€29,574€22,022€31,712€50,386▲ 58.9%
Equity10/15€52,313€26,284€8,017€26,264€44,885▲ 70.9%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Capital10€6,200€6,200€6,200€6,200€6,200=
Issued capital100€18,600€18,600€18,600€18,600€18,600=
Uncalled capital101€12,400€12,400€12,400€12,400€12,400=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Legal reserve130€1,860€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14€44,253€18,224-€43€18,204€36,825▲ 102%
Amounts payable17/49€1,898€3,290€14,005€5,448€5,502▲ 1.0%
Amounts payable within one year42/48€1,898€3,290€14,005€5,448€5,502▲ 1.0%
Trade debts44€1,065€1,422€1,335€1,586€1,489▼ 6.1%
Suppliers440/4€1,065€1,422€1,335€1,586€1,489▼ 6.1%
Taxes, remuneration and social security45---€2,094€2,647▲ 26.4%
Taxes450/3---€2,094€2,647▲ 26.4%
Other amounts payable47/48€833€1,868€12,670€1,769€1,366▼ 22.8%
Line20212022202320242025Change
Profit (loss) for the period9904-€26,802-€26,029-€18,266€18,247€18,620▲ 2.0%
+ Depreciation and write-downs630€379€379----
Operating cash flow (approximation)-€26,423-€25,650-€18,266€18,247€18,620▲ 2.0%
Change in cash--€25,875-€19,783€9,843€33,194▲ 237%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
05-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 5 days late
2025
28-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 59 days late
2024
31-12
Financial Back to profitnet €18,247
Net result €18,247 after 4 loss-making years.
31-12
Financial Liquidity quadruplescurrent ratio 5.82
Current ratio from 1.57 to 5.82; short-term debt falls from €14,005 to €5,448.
12-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 12 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
23-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 23 days late
2021
31-12
Financial Weakest financial yearnet -€26,802
Net result drops to -€26,802, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity triplescurrent ratio 28.36
Current ratio from 8.92 to 28.36; short-term debt falls from €9,892 to €1,898.
27-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial Liquidity triplescurrent ratio 8.92
Current ratio from 3.46 to 8.92; short-term debt falls from €32,300 to €9,892.
29-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
Show earlier events
2019
24-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
23-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Grez-Doiceau · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
1,794 m²
Building footprint
141 m²
Volume, LiDAR
1,087 m³
Parcel 25008A0142/00C000, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
B PROPERTIES
Rue des Bruyères 14, 1390 Grez-DoiceauReal estate development
since 20162.251.341.096
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25008A0142/00C000 Wallonia 1,794 m² 1 · 141 m² 9.9 m · 3 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.

Similar companies · same sector, comparable size

Of 9,699 companies in sector 68121 we hold annual accounts for 7,393. 4,927 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 (pre-2019)
Founded07-03-2016
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
68310Real estate agency activities
71122Land surveying
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

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