BELGIAN BUILDING PROJECTS
ActiveBELGIAN BUILDING PROJECTS has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-1.10M) and a net result of €-295k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 9183 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
43
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability23▲+11
Solvency13▼-4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.0 against 0.02 in 2024; short-term debt: 55.6% and cash: 0.1% of total assets), and equity is negative.
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
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-12.1%
Return on assets
-3.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-1.10M
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
28 d early
2023
20 d early
2022
39 d early
2021
45 d early
2020
19 d early
2019
32 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€52k
EBIT margin
62.6%
Net result
€-295k▲ 44.6%
2024 · €-533k
2018: €21k
2019: €-10k
2020: €-197k
2021: €-391k
2022: €243k
2023: €-25k
2024: €-533k
2018 → 2025
Working capital
€-5.04M▼ 6.7%
2024 · €-4.72M
2018: €76k
2019: €80k
2020: €-3.89M
2021: €-7.14M
2022: €-162k
2023: €-989k
2024: €-4.72M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-488k-€-245k▲ 49.8%€-270k▼ 10.3%€-803k▼ 197%€-1.10M▼ 36.8%
Operating result€-261k-€243k€-25k€-72k▼ 189%€71k
Net result€-391k-€243k€-25k€-533k▼ 2,005%€-295k▲ 44.6%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €71k after a loss of €72k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.07M
Fixed assets
€9.06M▼ 7.9%
Current assets
€5k▼ 95.8%
Key figures and ratios
EBITDA
€351k▲
2024 · €-46k
Cash flow
€-15k▲
2024 · €-508k
Solvency
-12.1%▼
2024 · -8.1%
Current ratio
0.00▼
2024 · 0.02
Quick ratio
0.00▲
2024 · 0.00
Debt / equity
-9.25▲
2024 · -13.40
ROA
-3.3%▲
2024 · -5.4%
Interest coverage
0.96▲
2024 · -0.10
Debt
€10.17M▼
2024 · €10.76M
Debt ≤ 1 year
€5.04M▲
2024 · €4.84M
Debt > 1 year
€5.13M▼
2024 · €5.81M
Staff costs
€41k▲
2024 · €3k
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€9.96M€9.07M▼
Fixed assets21/28€9.84M€9.06M▼
Intangible fixed assets21€3k€2k▼
Tangible fixed assets22/27€9.84M€9.06M▼
Land and buildings22€9.84M€9.06M▼
Financial fixed assets28€0-
Current assets29/58€120k€5k▼
Stocks and contracts in progress3€120k€0▼
Stocks30/36€120k€0▼
Amounts receivable within one year40/41€0-
Other amounts receivable41€0-
Cash at bank and in hand54/58€108€5k▲
Deferred charges and accrued income490/1€75€36▼
Equity and liabilities
Total equity and liabilities10/49€9.96M€9.07M▼
Equity10/15€-803k€-1.10M▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-824k€-1.12M▼
Amounts payable17/49€10.76M€10.17M▼
Amounts payable after more than one year17€5.81M€5.13M▼
Financial debts170/4€5.81M€5.13M▼
Amounts payable within one year42/48€4.84M€5.04M▲
Current portion of amounts payable after more than one year42€175k€156k▼
Financial debts43€170k€0▼
Credit institutions430/8€170k€0▼
Trade debts44€141k€154k▲
Suppliers440/4€141k€154k▲
Taxes, remuneration and social security45€1k€8k▲
Taxes450/3€208€998▲
Remuneration and social security454/9€832€7k▲
Other amounts payable47/48€4.35M€4.72M▲
Accrued charges and deferred income492/3€118k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€3k€41k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€280k▲
Other operating charges640/8€84k€71k▼
Gross operating margin9900€40k€463k▲
Operating profit (loss)9901€-72k€71k▲
Financial income75/76B€25€453▲
Recurring financial income75€25€453▲
Financial charges65/66B€461k€367k▼
Recurring financial charges65€461k€367k▼
Profit (loss) for the period before taxes9903€-533k€-295k▲
Profit (loss) for the period9904€-533k€-295k▲
Profit (loss) for the period to be appropriated9905€-533k€-295k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-824k€-1.12M▼
Profit (loss) brought forward from the previous period14P€-291k€-824k▼
Social balance
Average headcount (FTE)9087-1.0
The notes to these accounts (20 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-533k
Net result drops to €-533k, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €243k
Net result €243k after 3 loss-making years.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity times 38current ratio 98.85
Current ratio from 2.62 to 98.85; short-term debt falls from €47k to €819.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Ternat · 1 establishment unit since 2015
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.
Industrielaan 381740 TernatGround area
2,686 m²
Building footprint
1,549 m²
Volume, LiDAR
9,108 m³
Parcel 23086B0354/00B003, Flanders · tallest building 12.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Belgian Building Projects
since 20152.248.354.684
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23086B0354/00B003 | Flanders | 2,686 m² | 1 · 1,549 m² | 12.1 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.
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NAUTIC INVEST SPRL
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SAM INVEST
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 5,281 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-09-2015
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 10 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.