BMB Projects
ActiveSummary
BMB Projects has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €377,846 and a net result of €1.0m, of which €1.8m non-recurring income. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 120 sector peers (NACE 61, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- €377,846
- Profit
- €1.0m
- LinqUpDirector · permanent representative CRAUWELS Nico
- ROELENS PeterManaging director
Why 86raises riskLiquidity: current ratio 0.01, cash €6,689Sector: Telecommunications (NACE 61)Equity €377,846 (8.1% of total assets)lowers riskSize: total assets €4.7mShow the evidence
Checked score
About 3 in 1,000 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 61, small): better than 19% on solvency, 51% on liquidity, 95% on profitability and 93% on growth.
The bankruptcy probability was computed on 24-10-2026 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
This company filed its last 7 accounts on average 35 days before the deadline; the sector median (NACE 61) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
- NameName change · Power of…
- Annual accounts filedfinancial year 2025 · abbreviated…
- Resignations: KENIS Joannes Alfons Maria (director)…Appointments: LinqUp (additional director) and…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €1.6m after a loss of €397,070 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 61, Telecommunications: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 536 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.9% are still going.
- Small
- 10 to 20 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
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 536 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €1.8m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.08m | ▼ 75.1% |
| Other operating charges640/8 | - | - | - | €0.03m | €0.03m | €0.03m | - | €0.003m | - |
| Gross operating margin9900 | €0.03m | €0.03m | €0.03m | €0.2m | €0.1m | €0.08m | -€0.06m | €1.7m | - |
| Operating profit (loss)9901 | €0.03m | €0.03m | €0.03m | -€0.2m | -€0.2m | -€0.3m | -€0.4m | €1.6m | - |
| Financial income75/76B | - | - | - | - | - | - | - | €0.003m | - |
| Recurring financial income75 | €0.03m | - | - | - | - | - | - | €0.003m | - |
| Financial charges65/66B | - | - | - | €0.02m | €0.02m | €0.02m | €0.01m | €0.01m | ▼ 16.2% |
| Recurring financial charges65 | €0.02m | €105 | €120 | €0.02m | €0.02m | €0.02m | €0.01m | €0.01m | ▼ 16.2% |
| Profit (loss) for the period before taxes9903 | €0.05m | €0.03m | €0.03m | -€0.2m | -€0.3m | -€0.3m | -€0.4m | €1.6m | - |
| Transfer from deferred taxes780 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.03m | ▲ 100.0% |
| Transfer to deferred taxes680 | - | - | - | - | - | - | - | €0.6m | - |
| Income taxes67/77 | - | - | - | - | €0.008m | - | - | €2 | - |
| Profit (loss) for the period9904 | €0.05m | €0.03m | €0.03m | -€0.2m | -€0.2m | -€0.3m | -€0.4m | €1.0m | - |
| Transfer from tax-exempt reserves789 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.1m | ▲ 100.0% |
| Transfer to tax-exempt reserves689 | - | - | - | €0.3m | - | - | - | €1.7m | - |
| Profit (loss) for the period to be appropriated9905 | €0.05m | €0.03m | €0.03m | -€0.5m | -€0.2m | -€0.2m | -€0.3m | -€0.6m | ▼ 64.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.8m | €1.9m | €1.8m | €2.0m | €1.7m | €1.3m | €1.0m | €4.7m | ▲ 360% |
| Fixed assets21/28 | €1.8m | €1.8m | €1.8m | €1.9m | €1.6m | €1.3m | €1.0m | €4.7m | ▲ 374% |
| Tangible fixed assets22/27 | - | - | - | €1.9m | €1.6m | €1.3m | €1.0m | €4.7m | ▲ 374% |
| Land and buildings22 | - | - | - | €1.9m | €1.6m | €1.3m | €1.0m | €4.7m | ▲ 374% |
| Plant, machinery and equipment23 | - | - | - | €0.004m | €0.002m | - | - | - | - |
| Financial fixed assets28 | €1.8m | €1.8m | €1.8m | - | - | - | - | - | - |
| Current assets29/58 | €0.06m | €0.09m | €0.03m | €0.06m | €0.04m | €0.02m | €0.03m | €0.007m | ▼ 78.3% |
| Amounts receivable within one year40/41 | €181 | €0.02m | - | €0.01m | - | - | €0.03m | €0 | ▼ 100% |
| Trade receivables40 | - | - | - | €0.004m | - | - | - | - | - |
| Other amounts receivable41 | - | - | - | €0.01m | - | - | €0.03m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €0.06m | €0.07m | €0.03m | €0.04m | €0.04m | €0.02m | €0.003m | €0.007m | ▲ 148% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.8m | €1.9m | €1.8m | €2.0m | €1.7m | €1.3m | €1.0m | €4.7m | ▲ 360% |
| Equity10/15 | €0.2m | €0.2m | €0.2m | €0.02m | -€0.2m | -€0.5m | -€0.9m | €0.4m | - |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.3m | ▲ 407% |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.3m | ▲ 407% |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.3m | ▲ 407% |
| Reserves13 | €0.006m | €0.006m | €0.006m | €0.3m | €0.2m | €0.2m | €0.1m | €1.7m | ▲ 16× |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Tax-exempt reserves132 | - | - | - | €0.3m | €0.2m | €0.2m | €0.1m | €1.7m | ▲ 17× |
| Profit (loss) carried forward14 | €0.09m | €0.1m | €0.2m | -€0.3m | -€0.5m | -€0.7m | -€1.1m | -€1.6m | ▼ 52.7% |
| Provisions and deferred taxes16 | - | - | - | €0.08m | €0.07m | €0.05m | €0.03m | €0.6m | ▲ 17× |
| Deferred taxes168 | - | - | - | €0.08m | €0.07m | €0.05m | €0.03m | €0.6m | ▲ 17× |
| Amounts payable17/49 | €1.7m | €1.7m | €1.6m | €1.9m | €1.8m | €1.8m | €1.9m | €3.7m | ▲ 97.9% |
| Amounts payable after more than one year17 | - | - | - | €1.0m | €0.8m | €0.7m | €0.6m | €3.0m | ▲ 408% |
| Financial debts170/4 | - | - | - | €1.0m | €0.8m | €0.7m | €0.6m | €3.0m | ▲ 408% |
| Amounts payable within one year42/48 | €1.7m | €1.7m | €1.6m | €0.9m | €1.0m | €1.0m | €1.3m | €0.7m | ▼ 43.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 28.9% |
| Financial debts43 | - | - | - | €0.8m | €0.8m | €0.9m | €1.1m | €0.6m | ▼ 50.5% |
| Other loans439 | - | - | - | €0.8m | €0.8m | €0.9m | €1.1m | €0.6m | ▼ 50.5% |
| Trade debts44 | €0.002m | €467 | €3 | €254 | €0.007m | €0.01m | €0.03m | €0.008m | ▼ 75.1% |
| Suppliers440/4 | - | - | - | €254 | €0.007m | €0.01m | €0.03m | €0.008m | ▼ 75.1% |
| Taxes, remuneration and social security45 | - | - | - | - | €0.003m | - | €0.001m | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | - | €0.003m | - | €0.001m | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €0.03m | €0.02m | €0.001m | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.05m | €0.03m | €0.03m | -€0.2m | -€0.2m | -€0.3m | -€0.4m | €1.0m | - |
| + Depreciation and write-downs630 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.08m | ▼ 75.1% |
| Operating cash flow (approximation) | €0.05m | €0.03m | €0.03m | €0.1m | €0.09m | €0.06m | -€0.06m | €1.1m | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€0.5m | -€0.006m | €0 | -€0.03m | -€3.8m | ▼ 12,051% |
| Change in cash | - | €0.02m | -€0.05m | €0.02m | €0.001m | -€0.03m | -€0.01m | €0.004m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-04-2026 | 2026-00098049 |
| 31-12-2024 | abbreviated format | 30-06-2025 | 2025-00232887 |
| 31-12-2023 | abbreviated format | 27-06-2024 | 2024-00192353 |
| 31-12-2022 | abbreviated format | 29-06-2023 | 2023-00184451 |
| 31-12-2021 | abbreviated format | 29-07-2022 | 2022-20261791 |
| 31-12-2020 | abbreviated format | 02-07-2021 | 2021-30500586 |
| 31-12-2019 | abbreviated format | 03-07-2020 | 2020-26700550 |
| 31-12-2018 | abbreviated format | 13-08-2019 | 2019-46500418 |
| 31-12-2017 | abbreviated format | 31-07-2018 | 2018-42200408 |
| 31-12-2016 | abbreviated format | 30-06-2017 | 2017-25500333 |
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
Board 2
Day-to-day management 1
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| LinqUp |
|
| ROELENS Peter |
|
| Kenis Joannes |
|
| SCHOLS Joël |
|
| KENIS Joannes Alfons Maria |
|
Owners and capital
Capital and shareholders
- ROELENS Peter 1,000 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 31-03-2026 Capital increase of €250,000 · to €311,500 · 1,000 new shares · in cash
Group and network
Connections & network
19 connected companiesShow 15 more companies with a shared director
History
Acts, filings and financial milestones
18-06
Gazette deed
NameName change · Power of attorney6 facts ▸
- Other provision, “notaris te Deerlijk, vervangen notaris” (deed in Dutch)
- General meeting, 09-06-2026
- Name change, BMB Projects
- Power of attorney
- Power of attorney, Elise DEBOOSERE
- Other provision, “registratie, art 173,1°bis W.REG.” (deed in Dutch)
31-03
Gazette deed
Resignations: KENIS Joannes Alfons Maria (director) and SCHOLS Joël (director)Appointments: LinqUp (additional director) and ROELENS Peter (managing director) · Permanent representative: CRAUWELS Nico · Reappointment: ROELENS Peter (director)15 facts ▸
- General meeting, 09-12-2025
- Other provision, “waiver of board report on transaction, artikel 7:179, §3 WVV” (deed in Dutch)
- Shareholding, “aandelen op naam zonder nominale waarde”, 1000 (deed in Dutch)
- Declaration, “awareness of financial consequences and alarm procedure, alarmbelprocedure” (deed in Dutch)
- Capital, €311,500 (2 times)
- Amendment of the articles, 5
- Director resignation, KENIS Joannes Alfons Maria (director)
- Director resignation, SCHOLS Joël (director)
- Director appointment, LinqUp (additional director)
- Permanent representative, CRAUWELS Nico
- Director reappointment, ROELENS Peter (director)
- Director appointment, ROELENS Peter (managing director)
- +3 further facts in this act
02-01
Gazette deed
Resignations: Kenis Joannes (director) and Schols Joël (director)Appointment: Linqup NV (director) · Permanent representative: Nico Crauwels5 facts ▸
- General meeting, 26-06-2025
- Director resignation, Kenis Joannes (director)
- Director resignation, Schols Joël (director)
- Director appointment, Linqup NV (director)
- Permanent representative, Nico Crauwels
Show earlier events
About the unread acts
Of the 10 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 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
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12403D0088/00X000 | Flanders | 1,691 m² | 1 · 659 m² | - |
| 12403D0088/00V000 | Flanders | 687 m² | 1 · 223 m² | 18.6 m · 5 |