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BUILDING PROJECT

Active
Private limited companyfounded 20233 yrs activeKlauwaartslaan 2, 1853 Grimbergen, BelgiumKBO/BCE: BE 0800.067.381
Summary

The computed 12-month bankruptcy probability of BUILDING PROJECT is 4.8% (elevated). The 2024 annual accounts show equity of €32,027 and a net result of €12,069. Its solvency ranks better than 27% of 5899 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability57▼-9
Solvency46▲+4
Growth52
Track record94
Bankruptcy probability, 12 months
4.8% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.22 against 1.21 in 2023; short-term debt: 79.3% and cash: 14.5% of total assets), and 79.3% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
20.7%
Return on assets
7.8%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-11-2025, 94 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
94 d late
2023
218 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 156 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

BUILDING PROJECT was incorporated on 29 March 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€32,027▲ 60.5%
2023 · €19,958
Total assets
€154,587▲ 29.8%
2023 · €119,101
Net result
€12,069▼ 10.3%
2023 · €13,458
Working capital
€26,827▲ 31.9%
2023 · €20,339
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€17,014-€17,017=
Net result€13,458within the sector's middle half-€12,069within the sector's middle half▼ 10.3%
Equity€19,958within the sector's middle half-€32,027within the sector's middle half▲ 60.5%
Total assets€119,101within the sector's middle half-€154,587within the sector's middle half▲ 29.8%
Debt€99,143-€122,560▲ 23.6%
Working capital€20,339within the sector's middle half-€26,827within the sector's middle half▲ 31.9%
Solvency16.8%below the sector's middle half-20.7%within the sector's middle half▲ 4.0pp
Current ratio1.21within the sector's middle half-1.22within the sector's middle half▲ 0.01
Return on assets (ROA)11.3%within the sector's middle half-7.8%within the sector's middle half▼ 3.5pp
above within below the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5,000€10,000€15,000Operating result 2023: €17,014€17,014Net result 2023: €13,458€13,458Operating result 2024: €17,017€17,017Net result 2024: €12,069€12,06920232024€0€5,000€10,000€15,000Operating result 2023: €17,014€17,000Net result 2023: €13,458€13,500Operating result 2024: €17,017€17,000Net result 2024: €12,069€12,10020232024
The operating result rises in 2024; 2024 is 0% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €154,587
Fixed assets €5,200
Current assets €149,387
Equity and liabilities €154,587
Equity €32,027 ▲ 60.5%
Debt €122,560 ▲ 23.6%
Debt's share of the balance-sheet total falls from 83.2% to 79.3%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Debt to equity
3.83▼
2023 · 4.97
ROE
37.7%▼
2023 · 67.4%
Debt ≤ 1 year
€122,560▲
2023 · €98,762
Income taxes
€3,985▲
2023 · €3,522
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.1% went bankrupt
1.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.8% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 7,976 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€119,101€154,587▲
Fixed assets21/28-€5,200
Financial fixed assets28-€5,200
Current assets29/58€119,101€149,387▲
Amounts receivable within one year40/41€103,886€126,903▲
Trade receivables40€103,122€126,903▲
Other amounts receivable41€764-
Cash at bank and in hand54/58€15,215€22,484▲
Equity and liabilities
Total equity and liabilities10/49€119,101€154,587▲
Equity10/15€19,958€32,027▲
Contributions10/11€6,500€6,500=
Capital10€6,500€6,500=
Issued capital100€6,500€6,500=
Profit (loss) carried forward14€13,458€25,527▲
Amounts payable17/49€99,143€122,560▲
Amounts payable within one year42/48€98,762€122,560▲
Trade debts44€91,200€47,820▼
Suppliers440/4€91,200€47,820▼
Advances received on contracts in progress46-€29,528
Taxes, remuneration and social security45€3,522€9,165▲
Taxes450/3€3,522€9,165▲
Other amounts payable47/48€4,040€36,047▲
Accrued charges and deferred income492/3€381-
Income statement Code20232024
Non-recurring operating income76A-€134
Other operating charges640/8€384€780▲
Non-recurring operating charges66A-€452
Gross operating margin9900€17,398€18,249▲
Operating profit (loss)9901€17,014€17,017=
Financial charges65/66B€34€963▲
Recurring financial charges65€34€963▲
Profit (loss) for the period before taxes9903€16,980€16,054▼
Income taxes67/77€3,522€3,985▲
Profit (loss) for the period9904€13,458€12,069▼
Profit (loss) for the period to be appropriated9905€13,458€12,069▼
Appropriation of the result
Profit (loss) to be appropriated9906€13,458€25,527▲
Profit (loss) brought forward from the previous period14P-€13,458

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Non-recurring operating income76A-€134-
Other operating charges640/8€384€780▲ 103%
Non-recurring operating charges66A-€452-
Gross operating margin9900€17,398€18,249▲ 4.9%
Operating profit (loss)9901€17,014€17,017=
Financial charges65/66B€34€963▲ 2,732%
Recurring financial charges65€34€963▲ 2,732%
Profit (loss) for the period before taxes9903€16,980€16,054▼ 5.5%
Income taxes67/77€3,522€3,985▲ 13.1%
Profit (loss) for the period9904€13,458€12,069▼ 10.3%
Profit (loss) for the period to be appropriated9905€13,458€12,069▼ 10.3%
Line20232024Change
Assets
Total assets20/58€119,101€154,587▲ 29.8%
Fixed assets21/28-€5,200-
Financial fixed assets28-€5,200-
Current assets29/58€119,101€149,387▲ 25.4%
Amounts receivable within one year40/41€103,886€126,903▲ 22.2%
Trade receivables40€103,122€126,903▲ 23.1%
Other amounts receivable41€764--
Cash at bank and in hand54/58€15,215€22,484▲ 47.8%
Equity and liabilities
Total equity and liabilities10/49€119,101€154,587▲ 29.8%
Equity10/15€19,958€32,027▲ 60.5%
Contributions10/11€6,500€6,500=
Capital10€6,500€6,500=
Issued capital100€6,500€6,500=
Profit (loss) carried forward14€13,458€25,527▲ 89.7%
Amounts payable17/49€99,143€122,560▲ 23.6%
Amounts payable within one year42/48€98,762€122,560▲ 24.1%
Trade debts44€91,200€47,820▼ 47.6%
Suppliers440/4€91,200€47,820▼ 47.6%
Advances received on contracts in progress46-€29,528-
Taxes, remuneration and social security45€3,522€9,165▲ 160%
Taxes450/3€3,522€9,165▲ 160%
Other amounts payable47/48€4,040€36,047▲ 792%
Accrued charges and deferred income492/3€381--
Line20232024Change
Profit (loss) for the period9904€13,458€12,069▼ 10.3%
Operating cash flow (approximation)€13,458€12,069▼ 10.3%
Change in cash-€7,269-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
02-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 94 days late
06-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 218 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Grimbergen · 3 establishment units since 2023
seat establishment All 3 establishment units on the map
Ground area
644 m²
Building footprint
147 m²
Volume, LiDAR
1,402 m³
3 parcels, Brussels, Flanders · tallest building 16.3 m, ±4 floors. Linked by address, not a title deed.
19 companies at this address See who is registered here
3 establishment units
BUILDING PROJECT
Jozef Van Damstraat 69, 1932 ZaventemPlastering work
since 20232.344.957.083
BUILDING PROJECT
Klauwaartslaan 2, 1853 GrimbergenPlastering work
since 20232.344.957.182
BUILDING PROJECT
Alsembergse Steenweg 81, 1060 Sint-Gillis (bij-Brussel)Non-specialised retail sale with food, beverages or tobacco predominating
since 20252.368.653.292
3 parcels
Flanders 2 (66.7%) Brussels 1 (33.3%)
Parcel (capakey) Region Area Buildings Height / fl.
23084A0501/02E002 Flanders 413 m² - -
21562A0192/00F004 Brussels 169 m² 1 · 86 m² 16.3 m · 4 fl.
23078A0042/00R002 Flanders 62 m² 1 · 62 m² 10.4 m · 3 fl.
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

2 sites
Grimbergen2.344.957.182
2 permissions
Toelating · Automatenwinkel · since 16-01-2025
Dienstverlener - horeca · since 15-01-2025
Sint-Gillis2.368.653.292
2 permissions
Toelating · Detailhandel · since 31-01-2025
Toelating · Eetgelegenheid · since 31-01-2025

Similar companies · same sector, comparable size

Of 7,364 companies in sector 81210 we hold annual accounts for 2,741. 2,204 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded29-03-2023
Fiscal year end31-12
Activities, NACEBEL 2025
81210General cleaning of buildings
43310Plastering work
43341Painting of buildings
43421Specialised construction activities
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID 0208:0800067381
Registered 23-12-2025

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.