Bauhaus Projects
ActiveBauhaus Projects has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €881k and a net result of €689k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 26% of 9183 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability51▲+27
Solvency32▲+8
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 1.96 against 1.67 in 2024; short-term debt: 50% and cash: 9.4% of total assets), but 92.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Sector 68
lower
← 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
7.4%
Return on assets
5.8%
Age of the figures
9 mo
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 02-06-2026, 59 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
59 d early
2024
51 d early
2023
77 d early
2022
23 d late
2021
12 d early
2020
30 d late
2019
42 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€881k
2024 · €-60k
2019: €78k
2020: €111k
2021: €268k
2022: €315k
2023: €39k
2024: €-60k
2019 → 2025
Total assets
€11.95M▲ 17.0%
2024 · €10.21M
2019: €3.04M
2020: €4.41M
2021: €9.96M
2022: €12.85M
2023: €13.03M
2024: €10.21M
2019 → 2025
Net result
€689k
2024 · €-99k
2019: €-22k
2020: €32k
2021: €157k
2022: €47k
2023: €-276k
2024: €-99k
2019 → 2025
Working capital
€5.76M▲ 43.8%
2024 · €4.00M
2019: €1.04M
2020: €2.10M
2021: €3.52M
2022: €4.59M
2023: €4.31M
2024: €4.00M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€268k-€315k▲ 17.6%€39k▼ 87.6%€-60k€881k
Operating result€314k-€227k▼ 27.6%€52k▼ 77.0%€270k▲ 417%€1.32M▲ 390%
Net result€157k-€47k▼ 70.1%€-276k€-99k▲ 64.0%€689k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 390% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11.95M
Fixed assets
€214k▼ 14.1%
Current assets
€11.73M▲ 17.8%
Equity and liabilities €11.95M
Equity
€881k
Debt
€11.06M
Debt finances 92.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€1.36M▲
2024 · €307k
Cash flow
€725k▲
2024 · €-63k
Solvency
7.4%▲
2024 · -0.6%
Current ratio
1.96▲
2024 · 1.67
Quick ratio
0.26▲
2024 · 0.20
Debt / equity
12.56
ROE
78.3%
ROA
5.8%▲
2024 · -1.0%
Interest coverage
3.06▲
2024 · 0.82
Debt
€11.06M▲
2024 · €10.27M
Debt ≤ 1 year
€5.98M▲
2024 · €5.96M
Debt > 1 year
€4.91M▲
2024 · €4.10M
Income taxes
€196k▲
2024 · €652
Staff costs
€269k▲
2024 · €263k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€10.21M€11.95M▲
Fixed assets21/28€249k€214k▼
Intangible fixed assets21€8k€2k▼
Tangible fixed assets22/27€241k€211k▼
Land and buildings22€169k€165k▼
Leasing and similar rights25€64k€38k▼
Other tangible fixed assets26€8k€8k=
Current assets29/58€9.96M€11.73M▲
Stocks and contracts in progress3€8.74M€10.20M▲
Stocks30/36€8.74M€10.20M▲
Amounts receivable within one year40/41€1.15M€408k▼
Trade receivables40€0€390k▲
Other amounts receivable41€1.15M€18k▼
Cash at bank and in hand54/58€68k€1.13M▲
Equity and liabilities
Total equity and liabilities10/49€10.21M€11.95M▲
Equity10/15€-60k€881k▲
Contributions10/11€100k€100k=
Profit (loss) carried forward14€-160k€781k▲
Amounts payable17/49€10.27M€11.06M▲
Amounts payable after more than one year17€4.10M€4.91M▲
Financial debts170/4€4.10M€4.91M▲
Amounts payable within one year42/48€5.96M€5.98M▲
Current portion of amounts payable after more than one year42€51k€45k▼
Financial debts43€5.54M€5.79M▲
Credit institutions430/8€5.54M€5.79M▲
Trade debts44€205k€98k▼
Suppliers440/4€205k€98k▼
Taxes, remuneration and social security45€160k€42k▼
Taxes450/3€154k€41k▼
Remuneration and social security454/9€6k€695▼
Accrued charges and deferred income492/3€210k€175k▼
Income statement
Code20242025
Non-recurring operating income76A€564k€0▼
Remuneration, social security and pensions62€263k€269k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€35k▼
Other operating charges640/8€111k€58k▼
Gross operating margin9900€681k€1.69M▲
Operating profit (loss)9901€270k€1.32M▲
Financial income75/76B€7k€6k▼
Recurring financial income75€7k€6k▼
Financial charges65/66B€376k€445k▲
Recurring financial charges65€376k€445k▲
Profit (loss) for the period before taxes9903€-99k€885k▲
Income taxes67/77€652€196k▲
Profit (loss) for the period9904€-99k€689k▲
Profit (loss) for the period to be appropriated9905€-99k€689k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-160k€781k▲
Profit (loss) brought forward from the previous period14P€-61k€92k▲
Social balance
Average headcount (FTE)90873.83.4▼
The notes to these accounts (27 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €689k
Net result €689k after 2 loss-making years.
31-12
Financial
Equity above €500kEq €881k
Equity rises from €-60k to €881k.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
15-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-276k ▼686%
Net result drops to €-276k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €268k ▲142%
2 profitable years in a row build equity to €268k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
31-12
Financial
Equity above €100kEq €111k ▲41.3%
Equity rises from €78k to €111k.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Veurne · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Pannestraat 1748630 VeurneGround area
3,133 m²
Building footprint
2,370 m²
Volume, LiDAR
13,496 m³
Parcel 38025E0331/00A002, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bauhaus Projects
since 20192.286.267.927
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38025E0331/00A002 | Flanders | 3,133 m² | 1 · 2,370 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 141,103 EUR awarded · 60,144 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 80,959 EUR | 30,512 EUR |
| 2023 | 1 | 30,512 EUR | 29,632 EUR |
| 2022 | 1 | 29,632 EUR | 0 EUR |
Schemes
Erfgoedpremie voor beschermde monumenten en landschappen - standaardprocedure
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 4,082 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-02-2019
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.