BRUSSELS NORTH PROJECTS

Active

Private limited company (pre-2019)founded 200917 yrs activeKBO/BCE: BE 0816.957.754

Summary

The computed 12-month bankruptcy probability of BRUSSELS NORTH PROJECTS is 4.2% (elevated). For BRUSSELS NORTH PROJECTS, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€13,216) and a net result of €9,239. Equity is growing by ~25% per year across the filed fiscal years. Its solvency ranks better than 5% of 18398 sector peers (fiscal year 2023). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

BRUSSELS NORTH PROJECTSActive

Risk analysis Report Compare

Activity

Real estate agency activities

NACE 68310NACE 68311

1 site

Size

€7,799total assets 2023

Equity: -€13,216
Profit: €9,239

Turnover not published (abridged schema)

Financial health

Bankruptcy chance 12 m: 4.2%

2023 figures too old to score

Structure

Accounts 429 d overdue0 of 3 deeds read

Signals- Figures for FY 2023 (filed 13-09-2024)- 2 financial years not filed after the legal deadline; latest accounts 42 days late; 1 of the last 3 late- Two or more financial years not filed+ Sector Real estate activities (NACE 68)+ Liquidity: current ratio 0.62, cash €2,078Filed after the deadlineShow the evidence

Checked score

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: At least two filing cycles are missing

Financial strength, FY 2023 · tick = 2022

Average

Solvency 0=

equity -169.5% of total assets

Liquidity 33+30

short-term debt 141.2% · cash 26.6%

Profitability 100=

return on assets 118.5%

Bankruptcy probability, 12 months

4.2% Elevated

0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (26,362 companies)

Last 24 months 11-2024: 0.4% 12-2024: 0.4%▼ -4.1% vs 11-2024 01-2025: 0.4%▼ -1.0% vs 12-2024 02-2025: 0.4%● 0.0% vs 01-2025 03-2025: 0.4%▼ -1.3% vs 02-2025lowest value 04-2025: 0.4%▲ +4.2% vs 03-2025 05-2025: 0.4%▼ -1.3% vs 04-2025 06-2025: 0.4%▲ +0.3% vs 05-2025 07-2025: 0.4%▲ +5.1% vs 06-2025 08-2025: 0.5%▲ +26.7% vs 07-2025 09-2025: 0.6%▲ +7.0% vs 08-2025 10-2025: 0.7%▲ +16.7% vs 09-2025 11-2025: 0.7%▲ +10.6% vs 10-2025 12-2025: 1.0%▲ +39.6% vs 11-2025 01-2026: 2.3%▲ +125% vs 12-2025 02-2026: 2.3%● 0.0% vs 01-2026 03-2026: 2.5%▲ +9.3% vs 02-2026 04-2026: 2.3%▼ -8.8% vs 03-2026 05-2026: 2.3%● 0.0% vs 04-2026 06-2026: 2.3%● 0.0% vs 05-2026 07-2026: 2.3%● 0.0% vs 06-2026 08-2026: 3.6%▲ +55.6% vs 07-2026 09-2026: 3.6%● 0.0% vs 08-2026 10-2026: 4.2%▲ +19.4% vs 09-2026highest value

Figures for FY 2023 (filed 13-09-2024) raises the probability
2 financial years not filed after the legal deadline; latest accounts 42 days late; 1 of the last 3 late raises the probability
Sector Real estate activities (NACE 68) lowers the probability
Liquidity: current ratio 0.62, cash €2,078 lowers the probability

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Figures for FY 2023 (filed 13-09-2024)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

2 financial years not filed after the legal deadline; latest accounts 42 days late; 1 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Sector Real estate activities (NACE 68)

In the bankruptcy model this factor lowers the probability.

KBO

Liquidity: current ratio 0.62, cash €2,078

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Two or more financial years not filed

Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 10 filings

Position against the passed deadline

31-12-2024 close31-07-2025 deadline03-10-2026 today

Filed after the deadline

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 11-09-2024, 42 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

42 d late

2022

15 d late

2021

30 d late

2020

91 d late

2019

41 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 44 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

11-09-24 Annual accounts filedfiscal year 2023 · micro…
15-08-23 Annual accounts filedfiscal year 2022 · micro…
31-12-22 Back to profitnet €9,633

Key points

Risk: Accounts not fileddeadline was 31-07-2025 429 d late View
Risk: Negative equityfiscal year 2023: debts exceed assets -€13,216 View
Caution: Among the weakest 5% on solvencysector median 31.2% · 18,398 companies -169.5% View