BMS PROJECTS
ActiveSummary
The computed 12-month bankruptcy probability of BMS PROJECTS is 2.7% (moderate). The 2025 annual accounts show equity of €7,157 and a net result of €3,157. Its solvency ranks better than 18% of 5,634 sector peers (NACE 81, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €7,157
- Profit
- €3,157
Why 51raises riskFounded in 2024Size: total assets €74,060Equity €7,157 (9.7% of total assets)Sector: Services to buildings and landscape activities (NACE 81)Show the evidence
Checked score
About 3 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 81, micro): better than 17% on solvency, 29% on liquidity and 46% 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: MERTENS Brecht (director) ·…
Financials · financial year 2025, micro format
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf the 514 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96.9% are still going.
- Micro
- under 2 years old
- solvency under 10%
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.7% 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 514 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 |
|---|---|
| Remuneration, social security and pensions62 | €1,925 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,625 |
| Other operating charges640/8 | €451 |
| Gross operating margin9900 | €14,871 |
| Operating profit (loss)9901 | €5,870 |
| Financial income75/76B | €3 |
| Recurring financial income75 | €3 |
| Financial charges65/66B | €1,570 |
| Recurring financial charges65 | €1,570 |
| Profit (loss) for the period before taxes9903 | €4,303 |
| Income taxes67/77 | €1,146 |
| Profit (loss) for the period9904 | €3,157 |
| Profit (loss) for the period to be appropriated9905 | €3,157 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €74,060 | |
| Fixed assets21/28 | €35,332 | |
| Intangible fixed assets21 | €849 | |
| Tangible fixed assets22/27 | €34,483 | |
| Plant, machinery and equipment23 | €12,732 | |
| Furniture and vehicles24 | €21,752 | |
| Current assets29/58 | €38,728 | |
| Stocks and contracts in progress3 | €14,000 | |
| Stocks30/36 | €9,000 | |
| Contracts in progress37 | €5,000 | |
| Amounts receivable within one year40/41 | €16,361 | |
| Trade receivables40 | €11,660 | |
| Other amounts receivable41 | €4,701 | |
| Cash at bank and in hand54/58 | €8,367 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €74,060 | |
| Equity10/15 | €7,157 | |
| Contributions10/11 | €4,000 | |
| Reserves13 | €3,157 | |
| Distributable reserves133 | €3,157 | |
| Amounts payable17/49 | €66,903 | |
| Amounts payable after more than one year17 | €17,277 | |
| Financial debts170/4 | €17,277 | |
| Amounts payable within one year42/48 | €39,259 | |
| Current portion of amounts payable after more than one year42 | €13,190 | |
| Trade debts44 | €24,924 | |
| Suppliers440/4 | €24,924 | |
| Taxes, remuneration and social security45 | €1,146 | |
| Taxes450/3 | €1,146 | |
| Accrued charges and deferred income492/3 | €10,367 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €3,157 |
| + Depreciation and write-downs630 | €6,625 |
| Operating cash flow (approximation) | €9,782 |
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 | 31-07-2026 | 2026-00382701 |
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 |
|---|---|
| Mertens Brecht |
|
Owners and capital
Capital and shareholders
- MERTENS Brecht 100 shares (100%) · €4,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 03-01-2025 Incorporation · €4,000 · 100 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
03-01
Gazette deed
IncorporationAppointment: MERTENS Brecht (director) · Founder · Founding capital11 facts ▸
- Incorporation, “BMS PROJECTS” (deed in Dutch)
- Founder, MERTENS Brecht
- Founding capital, €4,000
- Other provision, “bevestiging deponering inbrengen in geld, deponering heeft plaatsgevonden overeenkomstig bepalingen Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- General meeting, “Slot- en (of) overgangsbepalingen, comparant” (deed in Dutch)
- Registered office clause, “9660 Brakel,Maandagstraat 2/B000” (deed in Dutch)
- Board rule, 1
- Director appointment, MERTENS Brecht (director)
- Other provision, “geen bestuursverbod, geen strafrechtelijk of burgerrechtelijk bestuursverbod om onderneming uit te baten of functie van bestuurder,commissaris of zaakvoerder ui…” (deed in Dutch)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening van de vennootschap in oprichting” (deed in Dutch)
- Other provision, “uitgifte van oprichtingsakte, neerlegging” (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.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1018.089.630
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 |
|---|---|---|---|---|
| 45012A0328/00B003 | Flanders | 1,028 m² | 1 · 189 m² | 8.0 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Werkzaamheden in verband met zwembaden,zoals het plaatsen en bouwen van zwembaden,het verkopen van zwembaden en zwembadtoebehoren,het…” (deed in Dutch)
34 activities (deed in Dutch)
- Werkzaamheden in verband met zwembaden,zoals het plaatsen en bouwen van zwembaden,het verkopen van zwembaden en zwembadtoebehoren,het onderhouden van zwembaden
- Tuinarchitectuur,tuinaanleg en onderhoud van tuinen en parken en het groengedeelte van sportvelden
- Snoeien van bomen,heggen en wijnstronken
- Voorbereidende behandelingen van gewassen
- Handelsbemiddeling,groothandel en kleinhandel in bouwmaterialen,bloemen,planten,zaden,kunstmeststoffen,sproeistoffen,machines,meubels,decoratie,apparaten en toebehoren
- Grondverzet,graven,ophogen,egaliseren en nivelleren van bouwterreinen
- Graven van sleuven en geulen,verwijderen van rotsen,grondverzet met behulp van explosieven
- Drainage van land- en bosbouwgrond
- De aanleg en verharding van opritten,tuinpaden,terrassen,keermuren
- Het leggen van kabels en nutsvoorzieningen
- Het bouwen,herstellen en onderhouden van mechanische installaties en machines
- Het uitvoeren van boringen
- Afbraakwerken
- Chapewerken
- Betonwerken
- Het plaatsen van vloeren
- Het plaatsen van gipsplaten
- Het aanbrengen van pleister- en stukadoorswerken aan de binnen- en buitenzijde van gebouwen en andere bouwwerken
- Het bouwen van funderingen(inclusief heien)
- Bouwen van individuele huizen(ruwbouw en onderdak zetten),kantoorgebouwen en residentiële gebouwen
- Uitvoeren van metselwerken
- Uitvoeren van voegwerken
- Het monteren van niet zelf vervaardigde metalen en niet metalenconstructiewerken
- Het restaureren van gebouwen en monumenten
- Projectontwikkeling voor woning- en kantoorbouw
- Algemene coördinatie van de werkzaamheden op de bouwwerf
- Schrijnwerk
- Centrale verwarming
- Elektriciteit
- Sanitair
- Dakwerken
- Opzetten van teelt,kweken van planten
- De functie opnemen van projectleider
- Administratie en consultancy in verband met alle voormelde activiteiten
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- BMS PROJECTS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, kan bij enkel besluit bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)“Bestuursbevoegdheid, behalve deze die wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register aandelen op naam met vermeldingen Wetboek van vennootschappen en verenigingen” (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.
- “Beschikbare eigen vermogensrekeningen, winstverdeling en vereffeningsaldo” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Friday of June at 19:00
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.
- “In vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij ontbinding om welke reden en op welk ogenblik ook, recht één of meerdere vereffenaars aan te duiden, bevoegdheden te omlijnen en…” (deed in Dutch)