Debts
€49,430 73% of the balance sheet
Financial debts 50%Suppliers 25%Taxes and wages 15%Other 9%
Of this, €25,308 falls due within a year.
BIF PROJECTS
Lifetime
13 annual accounts with figures on one time axispeak €40,439 (2021)
€37,524▲ €38,401
lowest -€53,777 (2018)
€21,606▲ €26,399
peak €18,613 (2025)
€18,613▲ €21,606
€49,430▲ 22.7%
Board3 names since 2016
1 director
Documentsfilings and deeds
23-04-20267 days before the deadline
2025micro format
Gross margin from -€877 to €37,524Back to profit: €21,606Equity from -€2,994 to €18,613Debts from €40,290 to €49,430Investments €21,492Cash from €33,687 to €21,920
Key points
from the 2025 annual accountsInvestments
€21,492 21.9 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.85 was 1.17 in 2024
Short-term debts fell from €31,240 to €25,308.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,052 companies had the same profile as BIF PROJECTS has now. Each dot stands for 13 companies, two years later.
95.8%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 5,052 companies, not a prediction for BIF 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.
Credit verdict
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Signals
Recent changes
Resignation: (manager)
Reappointment: (director) · Director discharge: (manager) · holds all the shares · General meeting of 03-09-2024 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0847965090
Registered office moved from Ardooie to Lichtervelde
New registered office: Koolskampstraat 103 А, 8810 Lichtervelde · Previous registered office: Mgr.Roelensstraat 20, 8850 Ardooie · Resignation: (manager) · General meeting of 23-03-2016 · Gazette deed
First establishment
Koolskampstraat 103 A, Lichtervelde
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BIF PROJECTS Lichtervelde | €68,042 | €37,524 | 27.4% | - |
| Flemish Games Association Kortrijk | €69,400 | €31,530 | 60.5% | - |
| USE CONSULT Waregem | €73,688 | €34,031 | 89.6% | - |
| SECURITY DYNAMICS Kortrijk | €73,704 | €38,227 | 70.6% | - |
| ARANKO - MANAGEMENT Ostend | €81,663 | €35,811 | 45.1% | - |
| SDW MANAGEMENT Sint-Lievens-Houtem | €65,996 | €36,555 | 20.7% | - |
| 3magination Boortmeerbeek | €68,238 | €35,931 | 91.8% | - |
These companies have the same main activity as BIF PROJECTS: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €66,000 and €81,700, founded between 2009 and 2014.
Official details
Source: KBO- Status
- Active since 03-08-2012Normal situation
- Activity
- Business and other management consultancyNACE 70200and 2 others
- Establishment unit
- 2.211.648.5978810 Lichtervelde, since 20-08-2012
- Financial year end
- 30 September
- Peppol
- Reachable since 08-12-2022
Annual accounts to 30-09-2025
- ≈ €110,000estimated
- €68,042▲ 82.4%
- Filing
- Filed on 23-04-2026, 7 days before the end of the filing period
Insights on BIF PROJECTS
BIF PROJECTS files the micro format. That format states no turnover. The gross margin rose from €23,867 in 2013 to €37,524 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 BIF PROJECTS
- What is the company number of BIF PROJECTS?
- The company number of BIF PROJECTS is 0847.965.090. The VAT number is the same number with BE in front: BE 0847.965.090.
- Where is BIF PROJECTS based?
- The registered office is at Koolskampstraat 103 A, 8810 Lichtervelde.Company details
- What does BIF PROJECTS do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of BIF PROJECTS?
- BIF PROJECTS is a private limited company (BV).
- When was BIF PROJECTS founded?
- BIF PROJECTS was founded on 03-08-2012.
- Is BIF PROJECTS still active?
- Yes, BIF PROJECTS is an active enterprise in the KBO register.
- What is the turnover of BIF PROJECTS?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €37,524 and 144 comparable companies (NACE 70200). It probably lies between €65,000 and €150,000.Financials
- Is BIF PROJECTS profitable?
- In financial year 2025, BIF PROJECTS made a profit of €21,606.
- Where can I find the annual accounts of BIF PROJECTS?
- BIF PROJECTS filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BIF PROJECTS due?
- BIF PROJECTS must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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