Skip to content

B.S.R. PROJECTS

Active
Private limited companyfounded 2012active for 13 yearsVan Eycklaan 87, 3680 Maaseik, BelgiumKBO/BCE: BE 0508.529.131
Summary

B.S.R. PROJECTS has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €259,055 and a net result of €27,761. Equity has been shrinking by about 15% per year since 2018. Its solvency ranks better than 51% of 9,380 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 18-12-2012 Normal situation
Activity
General construction of residential buildings NACE 41001and 3 others
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
124 Paritair Comité voor het bouwbedrijf · annual accounts 2022
Establishment unit
2.215.007.767 3680 Maaseik, since 18-12-2012
Financial year end
31 December
Peppol
Reachable since 19-12-2024

Board and ownership

Board

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€212,776
▲ 34.8%
Turnover
≈ €700,000
estimated
Profit
€27,761
▲ 38.7%
Equity
€259,055
▲ 12.0%
Total assets
€586,708
▲ 33.0%
Employees on 31-12-2025
2
=
  • 2025 accounts filed 31 days after the deadline
Filed on 31-08-2026
Score breakdownraises riskLast filed accounts filed 31 days late; 2 of the last 3 accounts lateSector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 1.57, cash €145,886Founded in 2012Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 55% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Strong
Solvency 69-8
equity 44.2% of total assets
Liquidity 55+7
short-term debt 51.3% · cash 24.9%
Profitability 75+51
return on assets 4.7%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,452 companies, NACE 41, micro)
Last 24 months 12-2024: 2.2%highest value 01-2025: 2.2%● unchanged vs 12-2024 02-2025: 2.2%● unchanged vs 01-2025 03-2025: 2.2%● unchanged vs 02-2025 04-2025: 2.2%● unchanged vs 03-2025 05-2025: 2.1%▼ -0.1 percentage points vs 04-2025 06-2025: 2.0%▼ -0.1 percentage points vs 05-2025 07-2025: 2.2%▲ +0.2 percentage points vs 06-2025 08-2025: 0.6%▼ -1.6 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.2 percentage points vs 07-2026 09-2026: 0.4%▼ -0.4 percentage points vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value 11-2026: 0.4%● unchanged vs 10-2026lowest value
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.57 (1.87 in 2024), above the usual 1.5. Short-term debt is 51.3% and cash 24.9% of total assets. However, 55.8% of the assets are financed with debt and provisions.
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 41, micro). It does better than 52% of them on solvency, 60% on liquidity, 51% on profitability and 56% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 31 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Liquidity: current ratio 1.57, cash €145,886
NBB · annual accounts
lowers risk · Founded in 2012
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 €259,055
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
1 day early
2023
61 days late
2022
70 days late
2021
58 days late
2020
55 days late
2019
60 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 48 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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 27 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 90% of companies in construction of buildingssector median €45,645 · 9,383 companies €259,055 View

Recent changes

  1. · Gazette deed Change of role: GIELEN Ronny, from manager to director
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as B.S.R. PROJECTS: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €532,000 and €670,000, founded between 2012 and 2014.

CompanyTotal assetsGross margin
B.S.R. PROJECTS Maaseik€586,708€212,776
INNOVATIOHOME Hamois€579,872€211,900
OPTIBUILD Brugge€532,168€218,916
DESAGRO Brugge€540,943€230,728
VAN KERSCHAVER - VERHELST Beernem€621,431€210,664
RUVIN Heist-op-den-Berg€669,651€200,589
VRANCONSTRUCT Wavre€647,906€216,006
Full comparison

Key facts about B.S.R. PROJECTS

What is the company number of B.S.R. PROJECTS?
The company number of B.S.R. PROJECTS is 0508.529.131. The VAT number is the same number with BE in front: BE 0508.529.131.
Where is B.S.R. PROJECTS based?
The registered office is at Van Eycklaan 87, 3680 Maaseik.Company details
What does B.S.R. PROJECTS do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of B.S.R. PROJECTS?
The legal form of B.S.R. PROJECTS is Private limited company (BV).
When was B.S.R. PROJECTS founded?
B.S.R. PROJECTS was founded on 18-12-2012.
Is B.S.R. PROJECTS still active?
Yes, B.S.R. PROJECTS is an active enterprise in the KBO register.
How many employees does B.S.R. PROJECTS have?
B.S.R. PROJECTS had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does B.S.R. PROJECTS fall under?
In its 2022 annual accounts, B.S.R. PROJECTS states joint committees 200 (Aanvullend Paritair Comité voor de bedienden) and 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of B.S.R. PROJECTS?
The turnover in financial year 2025 is ≈ €700,000. This figure is estimated from the gross margin of €212,776 and 97 comparable companies (NACE 41001). It probably lies between €500,000 and €1.1m.
Is B.S.R. PROJECTS profitable?
In financial year 2025, B.S.R. PROJECTS made a profit of €27,761.
Where can I find the annual accounts of B.S.R. PROJECTS?
B.S.R. PROJECTS filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of B.S.R. PROJECTS due?
B.S.R. PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

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