Equity
€70,265 ▲ 7.3%
BAS PROJECT has made a profit in every financial year since 2021.
BAS PROJECT
Lifetime
5 annual accounts with figures on one time axispeak €46,043 (2024)
€42,728▼ 7.2%
peak €29,636 (2022)
€4,771▼ 48.2%
peak €70,265 (2025)
€70,265▲ 7.3%
€85,293▲ 13.1%
Board1 name since 2021
1 directorBARSEGHYAN Suren
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Result from €9,215 to €4,771Purpose change · Amendment of the articles 30-12
Key points
from the 2025 annual accountsChecked score
69
Healthy
Financially stronger than 41% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.5%
01-2025: 1.5%● unchanged vs 12-2024
02-2025: 1.4%▼ -0.1 percentage points vs 01-2025
03-2025: 1.4%● unchanged vs 02-2025
04-2025: 1.5%▲ +0.1 percentage points vs 03-2025
05-2025: 1.6%▲ +0.1 percentage points vs 04-2025highest value
06-2025: 0.4%▼ -1.2 percentage points vs 05-2025lowest value
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.5%▲ +0.1 percentage points vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.4%▼ -0.1 percentage points vs 02-2026
04-2026: 0.5%▲ +0.1 percentage points vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.7%▲ +0.2 percentage points vs 07-2026
09-2026: 0.7%● unchanged vs 08-2026
10-2026: 0.6%▼ -0.1 percentage points vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2021
Size: total assets €155,558
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 1.44, cash €25,859
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 49% of them on solvency, 37% on liquidity, 27% on profitability and 51% on growth.
The bankruptcy probability was computed on 10-11-2026 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 low class on 30-06-2025, 0.8% 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, 5,047 companies had the same profile as BAS PROJECT has now. Each dot stands for 13 companies, two years later.
94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
That fits the bankruptcy probability of BAS PROJECT itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,448 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 5,047 companies, not a prediction for BAS 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 €4,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.44 (1.89 in 2024), below the usual 1.5. Short-term debt is 49.2% and cash 16.6% of total assets. 54.8% 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.
lowers riskraises 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 31-07-2026, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
70 days early
2023
21 days early
2022
3 days early
2021
16 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 22 days before 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 15 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0763888559
Purpose change · Amendment of the articles
“In- en export van gedroogde groenten; In- en export van gemarineerde groenten; In – en export van confituur…” (deed in Dutch) · Gazette deed
Registered office moved from Bonheiden to Rijmenam
New registered office: Lange Dreef 121, 2820 Rijmenam · Previous registered office: Oude Keerbergsebaan 2 Bus B, 2820 Bonheiden · Gazette deed
Incorporation
Founding capital of €8,000, 100 shares · Founder: BARSEGHYAN Suren · Appointment: BARSEGHYAN Suren (director) · published on 24-02-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BAS PROJECT Bonheiden | €155,558 | €42,728 | 45.2% | - |
| HSV TEAM Mechelen | €157,207 | €40,589 | 30.1% | - |
| Y.E.S. Antwerp | €133,571 | €40,517 | 43.0% | - |
| Tim Walschaerts Kontich | €160,923 | €52,776 | 85.8% | - |
| COECK CENTRALE VERWARMING Bornem | €171,587 | €35,569 | 11.4% | - |
| Verwarming Goeminne Maldegem | €152,681 | €48,982 | 70.5% | - |
| JD Climatec Herk-de-Stad | €137,848 | €42,461 | 52.4% | - |
These companies have the same main activity as BAS PROJECT: plumbing work (NACE 43221). They are comparable in size and age: total assets between €134,000 and €172,000, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 22-02-2021Normal situation
- Activity
- Plumbing workNACE 43221and 3 others
- Establishment unit
- 2.315.969.8222820 Bonheiden, since 22-02-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 07-04-2026
Annual accounts 2025
- €155,558▲ 10.4%
- Employeeson 31-12-2025
- 1
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on BAS PROJECT
BAS PROJECT files the micro format. That format states no turnover. The gross margin rose from €16,013 in 2021 to €42,728 in 2025.
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 BAS PROJECT
- What is the company number of BAS PROJECT?
- The company number of BAS PROJECT is 0763.888.559. The VAT number is the same number with BE in front: BE 0763.888.559.
- Where is BAS PROJECT based?
- The registered office is at Lange Dreef 121, 2820 Bonheiden.Company details
- What does BAS PROJECT do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of BAS PROJECT?
- BAS PROJECT is a private limited company (BV).
- When was BAS PROJECT founded?
- BAS PROJECT was founded on 22-02-2021.
- Is BAS PROJECT still active?
- Yes, BAS PROJECT is an active enterprise in the KBO register.
- How many employees does BAS PROJECT have?
- BAS PROJECT had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of BAS PROJECT?
- The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €42,728 and 119 comparable companies (NACE 432). It probably lies between €150,000 and €310,000.
- Is BAS PROJECT profitable?
- In financial year 2025, BAS PROJECT made a profit of €4,771.
- Where can I find the annual accounts of BAS PROJECT?
- BAS PROJECT filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BAS PROJECT due?
- BAS 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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