BUSPROJECT
The computed 12-month bankruptcy probability of BUSPROJECT is 0.6% (low). The 2025 annual accounts show equity of €76k and a net result of €61k. Equity is growing by ~129.9% per year across the filed fiscal years. Its solvency ranks better than 35% of 1324 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €76k |
| Net result | €61k |
| Better than sector | 35% |
| Active | 5 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 7.8% | 22.8% | |
| Net result | €61k | €10k | |
| Equity | €76k | €44k | |
| Gross operating margin | €87k | €39k | |
| Total assets | €963k | €290k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €85k |
| Net profit | €61k |
| Cash flow | €62k |
| Staff costs | - |
| Income taxes | €21k |
| Dividends | - |
| Total assets | €963k |
| Equity | €76k |
| Debt | €888k |
| of which ≤ 1y | €738k |
| of which > 1y | €150k |
| Working capital | €212k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 1.29 |
| Quick ratio | 1.29 |
| Working capital ratio | 22.1% |
| Solvency | 7.8% |
| Debt / equity | 11.74 |
| Long-term debt ratio | 1.98 |
| Interest coverage | 33.37 |
| Gross margin | - |
| Net margin | - |
| ROA | 6.4% |
| ROE | 81.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €963k |
| Fixed assets | 21/28 | €13k |
| Tangible fixed assets | 22/27 | €3k |
| Financial fixed assets | 28 | €10k |
| Current assets | 29/58 | €950k |
| Amounts receivable within one year | 40/41 | €801k |
| Cash & bank | 54/58 | €149k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €963k |
| Equity | 10/15 | €76k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €73k |
| Amounts payable | 17/49 | €888k |
| Amounts payable after one year | 17 | €150k |
| Amounts payable within one year | 42/48 | €738k |
| Trade debts payable within one year | 44 | €245k |
| Income statement | ||
| Gross operating margin | 9900 | €87k |
| Operating result | 9901 | €85k |
| Financial income | 75 | €85 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €82k |
| Income taxes | 67/77 | €21k |
| Net result for the period | 9904 | €61k |
| Result to be appropriated | 9905 | €61k |
| NACE primary | Real estate activities(68121) |
| Legal form | Private limited company(610) |
| Incorporation | 21-04-2021 |
| Status | Active |
| Postal code | 8600 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32023B0499/00K000 | Flanders | 1,051 m² | 1 · 167 m² | 8.1 m |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
08-05-2026 Incorporation · Founder · Financial plan submission · Founding capital
- Filing: 2026-05-06 · DUINBOUW
- Registration event: 2026-05-06 · DUINBOUW
- Incorporation: 2026-05-06 · DUINBOUW
- Founder · DUINBOUW
- Founder · DUINBOUW
- Financial plan submission: 2026-04-07 · DUINBOUW
- Founding capital: amount: 5000.0, currency: EUR · DUINBOUW
- Share distribution: shares: 50, currency: EUR, price_per_share: 50.0 · DUINBOUW
- Share distribution: shares: 50, currency: EUR, price_per_share: 50.0 · DUINBOUW
- Founding capital: bank_name: Belfius, bank_account: BE67 0689 5931 6687 · DUINBOUW
- Officer appointment: role: niet-statutair bestuurder, term: onbepaalde duur · DUINBOUW
- Permanent representative · BUSPROJECT
- Officer appointment: role: niet-statutair bestuurder, term: onbepaalde duur · DUINBOUW
- Permanent representative · PORREYE CONSULT
- Mandate compensation: onbezoldigd · DUINBOUW
- Mandate compensation: onbezoldigd · DUINBOUW
- Auditor waiver · DUINBOUW
- Pre incorporation ratification: 2026-01-01 · DUINBOUW
- Power of attorney: ad hoc lasthebber voor KBO, btw, fondsenbeheer · DUINBOUW
- Power of attorney: elektronisch effectenregister en UBO-register · DUINBOUW
- First fiscal year: end: 2027-12-31, start: 2026-05-06 · DUINBOUW
- Annual meeting schedule: laatste zaterdag van de maand juni om negentien uur (19.00 u) · DUINBOUW
- Registered seat: 8670 Koksijde (Oostduinkerke), Veurnevaartstraat 2 · DUINBOUW
- Purpose: Projectontwikkeling voor de bouw van appartementsgebouwen en individuele woningen ... · DUINBOUW
- Representation rule: ieder afzonderlijk · DUINBOUW
- Governance rule: onbepaalde duur · DUINBOUW
- Governance rule: 100 aandelen · DUINBOUW
- Governance rule: op naam · DUINBOUW
- Governance rule: 1 januari - 31 december · DUINBOUW
- Publication: 2026-05-08
- Act object: OPRICHTING
Technical details
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{
"type": "auditor_waiver",
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"quote": "Alle verbintenissen en alle verplichtingen ... ondernomen sinds 1 januari 2026 door de comparanten in naam en voor rekening van de vennootschap in oprichting worden overgenomen",
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"quote": "BV SDP ACCOUNTANTS ... is aangewezen als lasthebber ad hoc van de vennootschap, om over de fondsen te beschikken, alle documenten te ondertekenen en alle nodige formaliteiten te vervullen bij de administratie van de btw en met het oog op de inschrijving bij de Kruispuntbank van Ondernemingen",
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{
"type": "power_of_attorney",
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{
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"quote": "Het eerste boekjaar gaat in de dag van de neerlegging ter griffie van een uitgifte van deze akte en wordt afgesloten op 31 december 2027",
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"subject": "e1"
},
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"quote": "Belgisch Staatsblad - 08/05/2026",
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"birth_date": "1990-01-10",
"birth_place": "Ieper",
"marital_status": "wettelijk samenwonende partner van mevrouw Detailleur Marie"
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"birth_date": "1991-06-20",
"birth_place": "Oostende",
"marital_status": "ongehuwd"
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},
{
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}
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | BUSPROJECT |