BLV PROJECTS
ActiveSummary
BLV PROJECTS has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44,671 and a net result of €4,671. Its solvency ranks better than 88% of 22,576 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
- Equity
- €44,671
- Profit
- €4,671
Why 67raises riskSize: turnover €51,117, total assets €55,440Founded in 2025lowers riskLiquidity: current ratio 4.84, cash €8,329Equity €44,671 (80.6% of total assets)Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 92% on solvency, 70% on liquidity and 41% on profitability.
The bankruptcy probability was computed on 25-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: SINGH Paviter (director) ·…
Financials · financial year 2025, micro format
Peer companies
Historical observationOf the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2025 |
|---|---|
| Turnover70 | €51,117 |
| Goods, raw materials, services and sundry goods60/61 | €41,494 |
| Remuneration, social security and pensions62 | €3,625 |
| Other operating charges640/8 | €153 |
| Gross operating margin9900 | €9,623 |
| Operating profit (loss)9901 | €5,845 |
| Financial income75/76B | €46 |
| Recurring financial income75 | €46 |
| Financial charges65/66B | €53 |
| Recurring financial charges65 | €53 |
| Profit (loss) for the period before taxes9903 | €5,838 |
| Income taxes67/77 | €1,168 |
| Profit (loss) for the period9904 | €4,671 |
| Profit (loss) for the period to be appropriated9905 | €4,671 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €55,440 | |
| Fixed assets21/28 | €3,348 | |
| Tangible fixed assets22/27 | €3,348 | |
| Furniture and vehicles24 | €3,348 | |
| Current assets29/58 | €52,092 | |
| Stocks and contracts in progress3 | €41,592 | |
| Stocks30/36 | €41,592 | |
| Amounts receivable within one year40/41 | €1,599 | |
| Other amounts receivable41 | €1,599 | |
| Cash at bank and in hand54/58 | €8,329 | |
| Deferred charges and accrued income490/1 | €572 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €55,440 | |
| Equity10/15 | €44,671 | |
| Contributions10/11 | €40,000 | |
| Profit (loss) carried forward14 | €4,671 | |
| Amounts payable17/49 | €10,769 | |
| Amounts payable within one year42/48 | €10,769 | |
| Trade debts44 | €1,981 | |
| Suppliers440/4 | €1,981 | |
| Taxes, remuneration and social security45 | €8,788 | |
| Taxes450/3 | €6,573 | |
| Remuneration and social security454/9 | €2,216 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €4,671 |
| Operating cash flow (approximation) | €4,671 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 29-07-2026 | 2026-00347655 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| SINGH Paviter |
|
Owners and capital
Capital and shareholders
- SINGH Sukhdev 295 shares (29.5%) · €11,800
- SINGH Paviter 470 shares (47%) · €18,800
- SINGH Karanvir 235 shares (23.5%) · €9,400
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 30-06-2025 Incorporation · €40,000 · 1,000 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
30-06
Gazette deed
IncorporationAppointment: SINGH Paviter (director) · Founder · Founding capital12 facts ▸
- Founder, SINGH Sukhdev (2 times)
- Founder, SINGH Paviter
- Founder, SINGH Karanvir
- Incorporation, “BLV PROJECTS” (deed in Dutch)
- Founding capital, €40,000
- Capital
- Other provision, “slot-en overgangsbepalingen uitwerking, overeenkomstig wet” (deed in Dutch)
- Registered office clause, “3800 Sint-Truiden,Anemoonstraat 19” (deed in Dutch)
- Other provision, “in opmaakt, website en e-mailadres” (deed in Dutch)
- Board rule, 1
- Director appointment, SINGH Paviter (director)
- Pre-incorporation commitments, “takeover, alle verbintenissen,verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71053G0485/00N010 | Flanders | 278 m² | 1 · 160 m² | - |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- BLV PROJECTS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit van het bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)“Al dan niet ten kosteloze titel, algemene kosten,los van representatie-,reis- en verplaatsingskosten” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte van nieuwe aandelen – Recht van voorkeur, dag van de openstelling van de intekening” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Thursday of June at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Indien geen andere vereffenaar benoemd, recht algemene vergadering één of meerdere vereffenaars aan te duiden, bevoegdheden te omlijnen en…” (deed in Dutch)