Turnover
≈ €180,000 estimated
The micro format states no turnover.
Bruynseraede Projects
Overview
Lifetime
2 annual accounts with figures on one time axispeak €68,202 (2025)
€68,202▲ 37.3%
peak €19,602 (2025)
€19,602▲ 6.0%
peak €43,101 (2025)
€43,101▲ 95.9%
€1.1m▲ 105%
Board3 names since 2023
3 directorsBRUYNSERAEDE Lodewijk Leo Denise Florentina Maria Raymond and 2 others
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €49,667 to €68,202Equity from €21,999 to €43,101Debts from €540,380 to €1.1mCash from €233,007 to €493,704
Key points
from the 2025 annual accountsChecked score
96
Excellent
Financially stronger than 68% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 1.0%▲ +0.1 percentage points vs 12-2024
02-2025: 0.9%▼ -0.1 percentage points vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 1.0%▲ +0.1 percentage points vs 03-2025
05-2025: 1.1%▲ +0.1 percentage points vs 04-2025
06-2025: 1.1%● unchanged vs 05-2025highest value
07-2025: 1.1%● unchanged vs 06-2025highest value
08-2025: 1.1%● unchanged vs 07-2025
09-2025: 0.1%▼ -1.0 percentage point vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.2%▲ +0.1 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Equity €43,101 (3.7% of total assets)
lowers risk
Sector: Real estate activities (NACE 68)
Size: total assets €1.2m
Liquidity: current ratio 7.14, cash €493,704
Calculation
The band follows from the bankruptcy probability. 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 68, micro). It does better than 24% of them on solvency, 95% on liquidity, 61% on profitability and 91% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,514 companies had the same profile as Bruynseraede Projects has now. Each dot stands for 4 companies, two years later.
95.8%
were still trading
1.5%
stopped another way
2.4%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Bruynseraede Projects itself is lower: 0.1% within 12 months. It rests on far more data about Bruynseraede Projects than the profile alone.
Test of the method
The method was tested on the 497,447 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 1,514 companies, not a prediction for Bruynseraede 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
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 7.14 (14.17 in 2024), above the usual 1.5. Short-term debt is 12.8% and cash 42.9% of total assets. However, 96.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
on the day
2024
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 16 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- BRUYNSERAEDE Steven Yvonne Johan Gilberte Raymond 500 sharesdeed of 31-05-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0802149715
Environmental permit granted
Bouwen of herbouwen · Scherpenheuvel-Zichem
Incorporation
Founding capital of €5,000, 500 shares · Founder: BRUYNSERAEDE Steven Yvonne Johan Gilberte Raymond · Appointments: BRUYNSERAEDE Steven Yvonne Johan Gilberte Raymond (director), BRUYNSERAEDE Lodewijk Leo Denise Florentina Maria Raymond (director) and WELLENS Selien (successor director) · published on 31-05-2023 · Gazette deed
First establishment
Oranjestraat 25, Laakdal
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Bruynseraede Projects Laakdal | €1.2m | €68,202 | 3.7% | - |
| LIER_ANTWERPSESTWG_HR Antwerp | €1.0m | €60,335 | -15.3% | - |
| HOLI Vastgoed Malle | €1.0m | €91,791 | -7.7% | - |
| MIYODEMANO Antwerp | €1.2m | €108,870 | 14.3% | - |
| Dune Construct Koksijde | €1.2m | €74,903 | 4.4% | - |
| MERCATOR BOUW Roeselare | €1.2m | €76,403 | 5.6% | 0 |
| XS-Projects Tielt | €0.9m | €68,221 | 8.8% | - |
These companies have the same main activity as Bruynseraede Projects: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €924,000 and €1.2m, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 26-05-2023Normal situation
- Activity
- Development of residential building projectsNACE 68121and 5 others
- Establishment unit
- 2.345.941.5352430 Laakdal, since 26-05-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
Annual accounts 2025
- €68,202▲ 37.3%
- €19,602▲ 6.0%
- €43,101▲ 95.9%
- €1.2m▲ 105%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on Bruynseraede Projects
Bruynseraede Projects has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43,101 and a net result of €19,602.
Its solvency ranks better than 26% of 17,185 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 31-07-2026, on the day of the deadline€68,202
▲ 37.3%
€33,905
▲ 32.1%
€19,602
▲ 6.0%
€905,705
▲ 114%
3.7%
▼ 0.2 percentage points
7.14
▼ 7.04
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €180,000. Estimated: probably between €92,000 and €420,000.
Balance sheet
balance sheet total €1.2m on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
3.7%
Higher than 26% of 17,185 companies in 2025.
7.14
Higher than 89% of 16,482 companies in 2025.
1.7%
Higher than 51% of 16,861 companies in 2025.
Bruynseraede Projects
Middle half of the sector
80% of the sector
Micro accounts in real estate (NACE 68)
Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
1.2m | 562,379 | |
21/28 |
96,907 | 106,820 | |
22/27 |
96,907 | 106,820 | |
23 |
21,792 | 20,760 | |
24 |
75,115 | 86,059 | |
29/58 |
1.1m | 455,559 | |
40/41 |
35,040 | 14,376 | |
40 |
26,088 | 2,864 | |
41 |
8,952 | 11,512 | |
54/58 |
493,704 | 233,007 | |
490/1 |
524,518 | 208,176 | |
| Balance sheet: equity and liabilities | |||
10/49 |
1.2m | 562,379 | |
10/15 |
43,101 | 21,999 | |
10/11 |
5,000 | 3,500 | |
13 |
38,050 | 18,450 | |
133 |
38,050 | 18,450 | |
14 |
51 | 49 | |
17/49 |
1.1m | 540,380 | |
17 |
30,161 | 56,129 | |
170/4 |
30,161 | 56,129 | |
42/48 |
147,556 | 32,138 | |
42 |
23,452 | 19,913 | |
44 |
82,686 | - | |
440/4 |
82,686 | - | |
45 |
36,247 | 5,358 | |
450/3 |
36,247 | 5,358 | |
47/48 |
5,170 | 6,867 | |
492/3 |
929,350 | 452,113 | |
| Income statement | |||
9900 |
68,202 | 49,667 | |
630 |
32,501 | 23,633 | |
640/8 |
1,797 | 373 | |
9901 |
33,905 | 25,660 | |
75/76B |
1,702 | 1,753 | |
76B |
1,702 | 1,753 | |
65/66B |
5,079 | 3,557 | |
65 |
5,079 | 3,557 | |
9903 |
30,527 | 23,856 | |
67/77 |
10,925 | 5,358 | |
9904 |
19,602 | 18,499 | |
9905 |
19,602 | 18,499 | |
| Appropriation of the result | |||
9906 |
19,651 | 18,499 | |
14P |
49 | - | |
691/2 |
19,600 | 18,450 | |
6921 |
19,600 | 18,450 | |
| Document | |||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2024 to 2025, 2 entries, €528 awarded, €528 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €298 | €298 |
| 2024 | 1 | €230 | €230 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 66,406 | 49,293 | ||
| 52,103 | 42,131 | ||
| 23,396 | 130,452 | ||
| 260,696 | - | ||
| 905,705 | 423,421 | ||
| 3.7% | 3.9% | ||
| 7.14 | 14.17 | ||
| 25.69 | 24.56 | ||
| 45.5% | 84.1% | ||
| 1.7% | 3.3% | ||
| 13.07 | 13.86 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €23,396 | €130,452 |
| €32,501 | €23,633 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on Bruynseraede Projects
The operating result for 2025 is 32% higher than in 2024.
Debt's share of the balance-sheet total rises from 96.1% to 96.3%. Equity and debt are higher.
Board & ownership
Board
3 directors, since incorporationDirector (not named in the articles)
appointed by deed of 31-05-2023
Director (not named in the articles)
appointed by deed of 31-05-2023
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “zowel bestaan uit geldelijke vergoedingen als uit door de vennootschap toegekende voordelen van alle aard. Bevoegdheid en vertegenwoordiging…”deed of 31-05-2023
Mandates through the years
3 names, the dashed line is todayBRUYNSERAEDE Lodewijk Leo Denise Florentina Maria Raymond
Director (not named in the articles)
Director (not named in the articles)
BRUYNSERAEDE Steven Yvonne Johan Gilberte Raymond
Director (not named in the articles)
Director (not named in the articles)
WELLENS Selien
Successor director (not named in the articles)
Successor director (not named in the articles)
Board
Mandates as a list
- BRUYNSERAEDE Lodewijk Leo Denise Florentina Maria Raymond
- Director (not named in the articles), appointed by deed of 31-05-2023, still in office
- BRUYNSERAEDE Steven Yvonne Johan Gilberte Raymond
- Director (not named in the articles), appointed by deed of 31-05-2023, still in office
- WELLENS Selien
- Successor director (not named in the articles), appointed by deed of 31-05-2023, still in office
Control
This company
Bruynseraede Projects
Equity €43,101
Profit €19,602 in 2025
Capital
- Contribution
- €5,000
- Shares
- 500
- Contribution per share
- €10
- Equity per share
- €86.20 in 2025
- Source
- deed of 31-05-2023
Articles of association
deed of 31-05-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 1 June at 11:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Shareholders
At incorporation
deed of 31-05-2023 ↗
- BRUYNSERAEDE Steven Yvonne Johan Gilberte Raymond 500 shares (100%) · €5,000 in cash
Network & group
No group
Bruynseraede Projects has no parent and no holdings in its annual accounts. Bruynseraede Projects shares no director with another company.
Timeline
Timeline
6 events since 2023Filings
Permits
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · on the deadline day
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0802149715
Environmental permit granted OmgevingsloketBouwen of herbouwen · Scherpenheuvel-Zichem
Annual accounts 2024 filed PDFmicro format · 31 days late
2023
IncorporationFounding capital of €5,000, 500 shares · Founder: BRUYNSERAEDE Steven Yvonne Johan Gilberte Raymond · Appointments: BRUYNSERAEDE Steven Yvonne Johan Gilberte Raymond (director), BRUYNSERAEDE Lodewijk Leo Denise Florentina Maria Raymond (director) and WELLENS Selien (successor director) · published on 31-05-20237 points ▸
- Director appointment, BRUYNSERAEDE Steven Yvonne Johan Gilberte Raymond (director (not named in the articles))
- Director appointment, BRUYNSERAEDE Lodewijk Leo Denise Florentina Maria Raymond (director (not named in the articles))
- Director appointment, WELLENS Selien (successor director (not named in the articles))
- Power of attorney, Katherine DE WISPELAERE
- Founder, BRUYNSERAEDE Steven Yvonne Johan Gilberte Raymond
- Founding capital, €5,000, 500 shares
- 500 shares
- The deed holds 8 more points.
First establishment Oranjestraat 25, Laakdal
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0802.149.715
- VAT number
- BE 0802.149.715
- Peppol ID
- 0208:0802149715
- Other Peppol ID
- 9925:BE0802149715
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 26-05-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 1 June at 11:00deed of 31-05-2023 (in Dutch)
- Peppol
- Reachable since 03-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Bruynseraede Projects in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 31-05-2023 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- Bruynseraede Projectsdeed of 31-05-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Oranjestraat 25, 2430 Laakdal”deed of 31-05-2023 (in Dutch)
Activities
NACEBEL 2025VAT activities
68121
Development of residential building projects main activity
43320
Joinery installation
Social security (RSZ) activities
41001
General construction of residential buildings main activity
Codes under NACEBEL 2008
41101
Real estate development main activity
41102
Construction of residential and non-residential buildings
41202
Construction of residential and non-residential buildings
41203
Construction of residential and non-residential buildings
43320
Joinery installation
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Deze afdeling omvat de bouw van alle soorten residentiële en niet-residentiële gebouwen; Zij omvat de nieuwbouw,de reparatie,de aan- en…”deed of 31-05-2023 (in Dutch)
8 activities
- Deze afdeling omvat de bouw van alle soorten residentiële en niet-residentiële gebouwen.
- Zij omvat de nieuwbouw,de reparatie,de aan- en verbouwwerkzaamheden,het optrekken van geprefabriceerde gebouwen of constructies ter plaatse alsook het optrekken van tijdelijke bouwwerken.
- Zij omvat de bouw van woningen,kantoren,winkels,openbare gebouwen,landbouwgebouwen,enzovoort.
- Deze afdeling omvat eveneens de ontwikkeling van residentiële en niet-residentiële bouwprojecten. Projectontwikkeling behelst het samenbrengen van kapitaal en technische en fysieke middelen voor de uitvoering van dergelijke bouwprojecten,die later verkocht zullen worden.
- Deze subklasse omvat onder meer het plaatsen van buiten- of binnenschrijnwerk van hout,kunststof,metaal of andere materialen zoals: binnen- en buitendeuren (met uitzondering van draai- en automatische deuren),geblindeerde deuren,brandwerende deuren,vensters,kozijnen,trappen,enzovoort,
- Deze subklasse omvat onder meer het aanbrengen van glas en spiegels in de mate die niet reeds onder de vorige subklasse vallen.
- De groep omvat het leveren van diensten op het gebied van architectuur.
- In het bijzonder het samenwerken met een architect,het opvragen en nazien van offertes,coördinatie activiteiten,controle van uitgevoerde werken en het bijwonen van opleveringen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Oranjestraat 25 registered office 2430 Laakdal | 26-05-2023 | 2.345.941.535 |
Buildings and parcels at the address
- Ground area
- 1,443 m²
- Buildings
- 195 m²
- Volume, LiDAR
- 634 m³
- Tallest building
- 8.2 m
Buildings to scale, each on its own parcel
Environmental permits
1 application in Flanders since 2025 · 1 granted| 06-10-2025 | Granted | Bouwen of herbouwen submitted 28-05-2025 · project 2025023182 | Scherpenheuvel-Zichem |
Source: Omgevingsloket Vlaanderen.
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 13045B0229/00E002 | 1,443 m² | 1 · 195 m² | 8.2 m · 1 |
Contact
E-mail
bruynseraedesteven@gmail.com
Phone
+32 495 10 11 81
Website
www.bruynseraede.pro establishment in Laakdal
E-mail
steven@bruynseraede.pro establishment in Laakdal
Invoicing and payment
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. Use the enterprise number 0802.149.715