Equity
€10,779 from €62,807 in 2021
Equity fell by 83% in 4 years.
BLOCK PROJECTS
Lifetime
17 annual accounts with figures on one time axispeak €83,697 (2016)
-€8,163▼ €28,256
lowest -€68,940 (2014)
-€14,269▼ €22,324
peak €62,807 (2021)
€10,779▼ 57.0%
€58,234▲ 85.4%
Board1 name since 2022
1 director
Documentsfilings and deeds
27-10-20254 days before the deadline
2025micro format
Gross margin from €20,093 to -€8,163Loss of €14,269Equity from €25,048 to €10,779Debts from €31,408 to €58,234
Key points
from the 2025 annual accountsDebts
€58,234 84% of the balance sheet
Financial debts 35%Suppliers 1%Taxes and wages 4%Other 60%
Position in the sector
-€14,269
Lower net result than 90% of companies in specialised construction. Sector median €10,190 · 35,144 companies.
2026 accounts not filed, 11 days past the deadlineTurnover not published (abbreviated or micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,294 companies had the same profile as BLOCK PROJECTS has now. Each dot stands for 4 companies, two years later.
89.6%
were still trading
5.9%
stopped another way
4.1%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
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 1,294 companies, not a prediction for BLOCK 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
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0890314401
Registered office moved to Ghent
New registered office: Govaartsakker 10, 9041 Gent (Oostakker) · Resignation: (manager) · Reappointment: (director) · General meeting of 20-11-2023 · Gazette deed
Incorporation
published on 27-06-2007 · Gazette deed
First establishment
-, Harlekijnstraat 16, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BLOCK PROJECTS Ghent | €69,013 | -€8,163 | 15.6% | - |
| NURHAN Ghent | €75,675 | -€6,588 | 93.1% | - |
| Van Deynse Tony Evergem | €60,894 | -€13,691 | 91.2% | - |
| ALAIN & CO INTERIEUR & ZO Ronse | €79,846 | -€5,072 | 93.3% | - |
| DALEMANS M Buggenhout | €60,478 | -€37,459 | -18.0% | - |
| XENOS INVEST Anderlecht | €68,329 | -€10,657 | 76.6% | - |
| KOEN DESRUELLE Torhout | €71,374 | -€8,937 | 40.2% | - |
These companies have the same main activity as BLOCK PROJECTS: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €60,500 and €79,800, founded between 2004 and 2007.
Official details
Source: KBO- Status
- Active since 25-06-2007Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 5 others
- Establishment unit
- 2.164.607.6569041 Ghent, since 21-06-2007
- Financial year end
- 31 March
- Peppol
- Reachable since 31-03-2026
Insights on BLOCK PROJECTS
BLOCK PROJECTS files the micro format. That format states no turnover. The gross margin rose from -€10,085 in 2009 to -€8,163 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 BLOCK PROJECTS
- What is the company number of BLOCK PROJECTS?
- The company number of BLOCK PROJECTS is 0890.314.401. The VAT number is the same number with BE in front: BE 0890.314.401.
- Where is BLOCK PROJECTS based?
- The registered office is at Govaartsakker 10, 9041 Ghent.Company details
- What does BLOCK PROJECTS do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of BLOCK PROJECTS?
- BLOCK PROJECTS is a private limited company (BV).
- When was BLOCK PROJECTS founded?
- BLOCK PROJECTS was founded on 25-06-2007.
- Is BLOCK PROJECTS still active?
- Yes, BLOCK PROJECTS is an active enterprise in the KBO register.
- What is the turnover of BLOCK PROJECTS?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is BLOCK PROJECTS profitable?
- In financial year 2025, BLOCK PROJECTS made a loss of €14,269.
- Where can I find the annual accounts of BLOCK PROJECTS?
- BLOCK PROJECTS filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
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