Result
From profit to loss in 2025, after a profit of €198,772 in 2024.
From profit to loss in 2025, after a profit of €198,772 in 2024.
€1.4m of the debts are secured on the company's own assets. In 2021 that was €3.1m.
Short-term debts rose from €596,102 to €647,172.
The last five annual accounts were filed 13 to 28 days before the end of the period.
Lower net result than 95% of companies in personal services. Sector median €5,248 · 1,380 companies.
The dashed line is the sector median: 0.2% across 346 companies (NACE 96, small).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 96, small). It does better than 41% of them on solvency, 27% on liquidity, 10% on profitability and 14% on growth.
The bankruptcy probability was computed on 08-11-2026 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 very low class on 30-06-2025, 0.1% 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).
In July 2024, 748 companies had the same profile as BB-Projects has now. Each dot stands for 2 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BB-Projects itself: 0.3% within 12 months.
The method was tested on the 497,447 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 748 companies, not a prediction for BB-Projects. 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.
Liquidity is insufficient, with a current ratio of 0.74 (1.19 in 2024), below 1. Short-term debt is 19.9% and cash 0.8% of total assets. 70.6% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 19 days before the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| BB-Projects Zele | €3.3m | -€137,962 | 29.4% | - |
| GGSG PRODUCTIONS Opwijk | €2.6m | -€5,149 | 100.0% | 0 |
| We Connect Data Grimbergen | €1.3m | -€33,593 | 67.6% | - |
| Heimhafen Brasschaat | €14.6m | -€93,719 | 18.1% | 2.5 |
| Mindlab by BloomUp Antwerp | €0.6m | -€52,730 | 38.0% | - |
| BVLN GENEALOGIE Mouscron | €1.0m | -€88,178 | -7.5% | - |
| GROUPE LEROUGE Mouscron | €0.7m | -€979 | 71.2% | - |
These companies have the same main activity as BB-Projects: other personal services (NACE 96999). They are comparable in size and age: total assets between €587,000 and €15m, founded between 2006 and 2023.
BB-Projects files the abbreviated format. That format states no turnover. The gross margin fell from -€4,855 in 2018 to -€137,962 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Amounts without an identifiable currency are taken as euros.
Higher than 48% of 1,384 companies in 2025.
Higher than 30% of 1,292 companies in 2025.
Higher than 17% of 1,302 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
3.3m | 3.6m | 7.2m | 5.9m | 6.7m | 2.8m | 9,626 | 15,385 | |
20 |
- | - | - | - | - | 0 | 0 | 0 | |
21/28 |
2.8m | 2.9m | 3.0m | 3.1m | 2.3m | - | 2,342 | 5,676 | |
21 |
- | - | - | - | - | 0 | 2,342 | 5,676 | |
22/27 |
2.7m | 2.9m | 3.0m | 3.0m | 2.2m | - | - | - | |
22 |
2.7m | 2.8m | 2.9m | 2.8m | 2.1m | 0 | 0 | 0 | |
23 |
73,651 | 86,323 | 98,995 | 105,488 | - | 0 | 0 | 0 | |
24 |
176 | 889 | 1,599 | 2,309 | 3,019 | 0 | 0 | 0 | |
25 |
- | - | - | 91,836 | 99,300 | - | - | - | |
26 |
- | - | - | - | - | 0 | 0 | 0 | |
27 |
- | - | - | - | - | 0 | 0 | 0 | |
28 |
28,125 | 28,125 | 28,125 | 17,500 | 12,500 | 0 | 0 | 0 | |
29/58 |
480,587 | 707,695 | 4.2m | 2.8m | 4.4m | 2.8m | 7,284 | 9,709 | |
290 |
- | - | - | - | - | 0 | 0 | 0 | |
291 |
- | - | - | - | - | 0 | 0 | 0 | |
3 |
164,888 | 4,654 | 3.6m | 2.4m | 3.4m | 2.7m | 0 | 0 | |
30/36 |
164,888 | 4,654 | 3.6m | 2.4m | 3.4m | 2.7m | 0 | 0 | |
37 |
- | - | - | - | - | 0 | 0 | 0 | |
40/41 |
211,509 | 539,051 | 416,608 | 344,344 | 484,518 | 30,250 | 4,368 | 3,300 | |
40 |
18,000 | 145,200 | 33,705 | 199,344 | 24,518 | 30,250 | 166 | 0 | |
41 |
193,509 | 393,851 | 382,902 | 145,000 | 460,000 | 0 | 4,202 | 3,300 | |
50/53 |
75,448 | 60,555 | 39,455 | 10,200 | - | 0 | 0 | 0 | |
54/58 |
25,326 | 100,202 | 182,507 | 48,863 | 583,141 | 66,663 | 2,916 | 6,409 | |
490/1 |
3,417 | 3,233 | 2,952 | 2,670 | 44 | 0 | 0 | 0 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
3.3m | 3.6m | 7.2m | 5.9m | 6.7m | 2.8m | 9,626 | 15,385 | |
10/15 |
956,229 | 1.3m | 1.1m | 858,870 | 756,674 | 53,465 | 5,380 | 15,385 | |
10/11 |
25,500 | 25,500 | 25,500 | 25,500 | 25,500 | 25,500 | 25,500 | 25,500 | |
100 |
- | - | - | - | - | - | 25,500 | 25,500 | |
101 |
- | - | - | - | - | - | 0 | 0 | |
11 |
- | - | - | - | - | - | 0 | 0 | |
1100/10 |
- | - | - | - | - | - | 0 | 0 | |
12 |
- | - | - | - | - | 0 | 0 | 0 | |
13 |
1.2m | 1.2m | 1.0m | 807,005 | 704,010 | - | - | - | |
130 |
- | - | - | - | - | - | 0 | 0 | |
1311 |
- | - | - | - | - | 0 | - | - | |
1312 |
- | - | - | - | - | - | 0 | 0 | |
1313 |
- | - | - | - | - | 0 | - | - | |
1319 |
- | - | - | - | - | 0 | 0 | 0 | |
132 |
- | - | - | - | - | 0 | 0 | 0 | |
133 |
1.2m | 1.2m | 1.0m | 807,005 | 704,010 | 0 | 0 | 0 | |
14 |
-296,604 | 25,565 | 25,565 | 26,365 | 27,165 | 27,965 | -20,120 | -10,115 | |
15 |
- | - | - | - | - | 0 | 0 | 0 | |
160/5 |
- | - | - | - | - | 0 | 0 | 0 | |
160 |
- | - | - | - | - | 0 | 0 | 0 | |
161 |
- | - | - | - | - | 0 | 0 | 0 | |
162 |
- | - | - | - | - | 0 | 0 | 0 | |
163 |
- | - | - | - | - | 0 | 0 | 0 | |
164/5 |
- | - | - | - | - | 0 | 0 | 0 | |
168 |
- | - | - | - | - | 0 | 0 | 0 | |
17/49 |
2.3m | 2.3m | 6.1m | 5.0m | 6.0m | 2.8m | 4,246 | - | |
17 |
1.7m | 1.7m | 2.8m | 2.7m | 5.3m | 1.2m | - | - | |
170/4 |
1.3m | 1.3m | 2.3m | 2.4m | 5.3m | 1.2m | - | - | |
175 |
165,606 | 188,866 | 211,227 | 250,000 | - | 0 | 0 | 0 | |
176 |
- | - | - | 58,457 | - | 0 | 0 | 0 | |
178/9 |
169,113 | 192,031 | 213,944 | - | - | 0 | 0 | 0 | |
42/48 |
647,172 | 596,102 | 3.4m | 2.3m | 660,741 | 1.6m | 4,246 | - | |
42 |
225,863 | 221,464 | 217,367 | 276,424 | 189,007 | 0 | 0 | 0 | |
43 |
250,000 | 250,000 | 2.6m | 1.6m | - | 1.5m | - | - | |
430/8 |
250,000 | 250,000 | 2.6m | 1.6m | - | 1.5m | 0 | 0 | |
439 |
- | - | - | - | - | 0 | 0 | 0 | |
44 |
31,638 | 34,136 | 10,376 | 44,918 | 32,340 | 690 | 137 | - | |
440/4 |
31,638 | 34,136 | 10,376 | 44,918 | 32,340 | 690 | 137 | 0 | |
441 |
- | - | - | - | - | 0 | 0 | 0 | |
46 |
- | - | - | - | - | 0 | 0 | 0 | |
45 |
4,733 | 49,520 | 56,536 | 37,604 | 232,657 | 22,963 | 33 | - | |
450/3 |
4,733 | 49,520 | 50,536 | 31,604 | 232,657 | 22,963 | 33 | 0 | |
454/9 |
- | - | 6,000 | 6,000 | - | 0 | 0 | 0 | |
47/48 |
134,938 | 40,982 | 494,553 | 302,556 | 206,738 | 11,036 | 4,076 | 0 | |
492/3 |
- | - | - | - | - | 0 | 0 | 0 | |
| Income statement | |||||||||
76A |
- | - | - | 1,120 | - | 0 | 0 | 0 | |
9900 |
-137,962 | 124,607 | 218,168 | 362,927 | 1.3m | 68,513 | -5,986 | -4,855 | |
62 |
- | - | - | - | - | 0 | 0 | 0 | |
630 |
107,717 | 92,504 | 111,389 | 101,077 | 181,538 | 2,342 | 3,334 | 4,324 | |
631/4 |
- | - | - | - | - | 0 | 0 | 0 | |
635/8 |
- | - | - | - | - | 0 | 0 | 0 | |
640/8 |
12,131 | 10,956 | 18,991 | 6,388 | 2,130 | 467 | 480 | 825 | |
649 |
- | - | - | - | - | 0 | 0 | 0 | |
66A |
- | - | 20,766 | - | 2,552 | 0 | 0 | 0 | |
9901 |
-257,810 | 21,148 | 67,022 | 255,461 | 1.1m | 65,704 | -9,800 | -10,005 | |
75/76B |
1,639 | 350,411 | 405,460 | 23,105 | 18,428 | 546 | 0 | 0 | |
75 |
1,639 | 350,411 | 405,460 | 23,105 | 18,428 | 546 | 0 | 0 | |
76B |
- | - | - | - | - | 0 | 0 | 0 | |
65/66B |
65,034 | 147,544 | 223,988 | 135,846 | 87,507 | 10,666 | 205 | 111 | |
65 |
65,034 | 147,544 | 223,988 | 135,846 | 87,507 | 10,666 | 205 | 111 | |
66B |
- | - | - | - | - | 0 | 0 | 0 | |
9903 |
-321,205 | 224,015 | 248,494 | 142,720 | 1.0m | 55,585 | -10,005 | -10,115 | |
67/77 |
963 | 25,242 | 26,105 | 39,725 | 336,010 | 7,500 | 0 | 0 | |
9904 |
-322,169 | 198,772 | 222,389 | 102,995 | 704,010 | 48,085 | -10,005 | -10,115 | |
789 |
- | - | - | - | - | 0 | 0 | 0 | |
689 |
- | - | - | - | - | 0 | 0 | 0 | |
9905 |
-322,169 | 198,772 | 222,389 | 102,995 | 704,010 | 48,085 | -10,005 | -10,115 | |
| Appropriation of the result | |||||||||
9906 |
-296,604 | 224,337 | 248,754 | 130,160 | 731,974 | 27,965 | -20,120 | -10,115 | |
14P |
25,565 | 25,565 | 26,365 | 27,165 | 27,965 | - | - | - | |
791/2 |
- | - | - | - | - | 0 | 0 | 0 | |
691/2 |
- | 197,939 | 222,389 | 102,995 | 704,010 | - | - | - | |
691 |
- | - | - | - | - | 0 | 0 | 0 | |
6920 |
- | - | - | - | - | 0 | 0 | 0 | |
6921 |
- | 197,939 | 222,389 | 102,995 | 704,010 | 0 | 0 | 0 | |
694/7 |
- | 833 | 800 | 800 | 800 | - | - | - | |
694 |
- | 833 | 800 | 800 | 800 | 0 | 0 | 0 | |
695 |
- | - | - | - | - | 0 | 0 | 0 | |
696 |
- | - | - | - | - | 0 | 0 | 0 | |
| Document | |||||||||
The notes to these accounts have 17 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 17-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 17-07-2026 | 2026-00303779 | |
| 31-12-2024 | abbreviated format | 03-07-2025 | 2025-00223035 | |
| 31-12-2023 | abbreviated format | 18-07-2024 | 2024-00257312 | |
| 31-12-2022 | abbreviated format | 17-07-2023 | 2023-00239572 | |
| 31-12-2021 | abbreviated format | 18-07-2022 | 2022-20194445 | |
| 31-12-2020 | micro format | 09-07-2021 | 2021-32900184 | |
| 31-12-2019 | micro format | 29-06-2020 | 2020-21500388 | |
| 31-12-2018 | micro format | 17-07-2019 | 2019-32800491 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| -150,093 | 113,652 | 178,411 | 356,538 | 1.3m | 68,046 | -6,466 | -5,681 | ||
| -214,451 | 291,276 | 333,778 | 204,072 | 885,548 | 50,427 | -6,671 | -5,791 | ||
| -11,112 | 6,156 | 100,814 | 988,850 | 2.4m | 0 | 0 | 10,000 | ||
| -74,876 | -82,305 | 133,644 | -534,278 | 516,478 | 63,747 | -3,493 | - | ||
| -166,585 | 111,593 | 848,770 | 503,653 | 3.8m | 1.3m | 3,038 | - | ||
| 29.4% | 35.5% | 15.0% | 14.6% | 11.3% | 1.9% | 55.9% | 100.0% | ||
| 0.74 | 1.19 | 1.25 | 1.22 | 6.73 | 1.79 | 1.72 | - | ||
| 0.49 | 1.18 | 0.19 | 0.18 | 1.62 | 0.06 | 1.72 | - | ||
| 2.41 | 1.82 | 5.68 | 5.84 | 7.87 | 52.02 | 0.79 | - | ||
| -33.7% | 15.5% | 20.6% | 12.0% | 93.0% | 89.9% | -186.0% | -65.7% | ||
| -9.9% | 5.5% | 3.1% | 1.8% | 10.5% | 1.7% | -103.9% | -65.7% | ||
| -2.31 | 0.77 | 0.80 | 2.62 | 14.75 | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €1.4m | - | €2.3m | €6.3m | €3.1m |
| Debts guaranteed by Belgian public bodies | - | €1.7m | - | - | - |
| Mortgages, amount registered | €25,000 | €25,000 | €38,750 | €75,000 | €6.8m |
| €1.8m | €1.8m | €4.6m | €6.4m | - | |
| Carrying value of the mortgaged assets | €2.7m | €2.8m | €6.4m | €3.3m | €3.1m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €6,156 | €90,189 | €983,850 | €2.4m |
| Financial fixed assets | - | - | €10,625 | €5,000 | €12,500 |
| €107,717 | €92,504 | €111,389 | €101,077 | €181,538 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €257,810, after a profit of €21,148 in 2024. It is the lowest result since 2018.
Debt's share of the balance-sheet total rises from 64.5% to 70.6%. Equity and debt are lower.
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
| AGGERIS
registered office since 29-08-2016 · founded in 2016 |
total assets €32.0m (2025) 0661.781.213 |
| VAN AKELYEN BOUWMATERIALEN
registered office since 01-01-1973 · founded in 1972 |
14 FTE (2025) 0412.781.421 |
| BEVA - INVEST
registered office since 15-04-1997 · founded in 1997 |
total assets €19.5m (2025) 0460.608.062 |
| Unidevelop
registered office since 10-05-2021 · founded in 2021 |
total assets €15.3m (2025) 0768.275.731 |
| Bepo Invest
registered office since 12-01-2015 · founded in 2015 |
total assets €8.1m (2025) 0568.594.105 |
| BP-VA MANAGEMENT
registered office since 29-08-2016 · founded in 2016 |
total assets €5.3m (2025) 0661.780.817 |
| BEVATRANS
registered office since 04-03-1996 · founded in 1996 |
8.3 FTE (2025) 0457.063.208 |
| BEVA HOLDING
registered office since 05-11-2004 · founded in 2004 |
7.2 FTE (2025) 0867.705.976 |
| NB Invest
registered office since 06-05-2021 · founded in 2021 |
total assets €1.3m (2025) 0767.904.260 |
| CHOPIN
registered office since 09-09-1991 · founded in 1991 |
total assets €553,649 (2025) 0444.896.240 |
| NB Invest via BEIRENS Nicolas Sonja Paul, at BB-Projects until 2020 · Director · deed of 10-05-2021 founded in 2021 |
total assets €1.3m (2025) |
Source for every holding own accounts 2025
| Name | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Unidevelop | 33.33% | 50% | |||
| BVK PROJECTS | 12.5% | 25% | |||
| Terra Develop | 12.5% | 25% | |||
Source: list of holdings in its own accounts
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| BBW registered office Heirbaan 19, 9240 Zele 4100106 General construction of residential buildings | 15-09-2017 | 2.269.599.466 |
| 12-08-2024 | Granted | Verbouwen en/of uitbreiden van bijgebouwen en niet overdekte lage constructies submitted 16-06-2024 · project 2024086797 | Sint-Martens-Latem |
| 05-07-2024 | Granted | Bouwen of herbouwen submitted 17-04-2024 · project 2024056020 | Knokke-Heist |
| 15-09-2023 | Under appeal | Bouwen of herbouwen project 2023122116 | Provincie West-Vlaanderen |
| 10-03-2023 | Refused | Bouwen of herbouwen submitted 29-12-2022 · project 2022174531 | Knokke-Heist |
| 28-02-2022 | Granted | Hoogstammige bomen vellen die geen deel uitmaken van een bos; Nieuwbouw van bijgebouwen en niet overdekte lage constructie submitted 19-10-2021 · project 2021163446 | Sint-Martens-Latem |
| 01-10-2021 | Discontinued | Nieuwbouw van bijgebouwen en niet overdekte lage constructie submitted 09-08-2021 · project 2021129401 | Sint-Martens-Latem |
| 14-06-2021 | Granted | Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 19-03-2021 · project 2021051233 | Sint-Martens-Latem |
| 15-03-2021 | Granted | Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie submitted 16-12-2020 · project 2020170324 | Zele |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 42402C1836/00D000 | 2,460 m² | 1 · 945 m² | 9.7 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0681.439.945
If something looks wrong or is missing, please tell us.