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BUST PROJECTS

Active
Private limited companyfounded 2025incorporated this yearAfspanningsstraat 1/A, 9300 Aalst, BelgiumKBO/BCE: BE 1028.859.697
Summary

BUST PROJECTS is younger than twelve months; there is no public track record yet to compute a bankruptcy probability from. The 2025 annual accounts show equity of €27,255 and a net result of €24,255. Its solvency ranks better than 70% of 14173 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability100
Solvency82
Growth-
Track record50
Credit verdict
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 2.1; short-term debt: 42.6% and cash: 77.4% of total assets), and 42.6% of the assets are financed with debt.
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2025, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 0 years 0 10 y
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 16-07-2026, 15 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
15 d early
← before the deadline after the deadline →
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

BUST PROJECTS was incorporated on 8 October 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€27,255
Total assets
€47,492
Net result
€24,255
Working capital
€22,185

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €47,492
Fixed assets €5,071
Current assets €42,422
Equity and liabilities €47,492
Equity €27,255
Debt €20,237
Debt finances 42.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€30,354
Cash flow
€24,261
Current ratio
2.10
Debt to equity
0.74
ROE
89.0%
ROA
51.1%
Interest coverage
2660.29
Debt ≤ 1 year
€20,237
Income taxes
€6,082
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€47,492
Fixed assets21/28€5,071
Tangible fixed assets22/27€5,071
Other tangible fixed assets26€5,071
Current assets29/58€42,422
Amounts receivable within one year40/41€5,682
Trade receivables40€2,680
Other amounts receivable41€3,002
Cash at bank and in hand54/58€36,740
Equity and liabilities
Total equity and liabilities10/49€47,492
Equity10/15€27,255
Contributions10/11€3,000
Reserves13€24,255
Distributable reserves133€24,255
Amounts payable17/49€20,237
Amounts payable within one year42/48€20,237
Trade debts44€6,414
Suppliers440/4€6,414
Taxes, remuneration and social security45€13,823
Taxes450/3€13,823
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6
Other operating charges640/8€584
Gross operating margin9900€30,938
Operating profit (loss)9901€30,348
Financial charges65/66B€11
Recurring financial charges65€11
Profit (loss) for the period before taxes9903€30,337
Income taxes67/77€6,082
Profit (loss) for the period9904€24,255
Profit (loss) for the period to be appropriated9905€24,255
Appropriation of the result
Profit (loss) to be appropriated9906€24,255
Transfer to equity691/2€24,255
To other reserves6921€24,255

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6
Other operating charges640/8€584
Gross operating margin9900€30,938
Operating profit (loss)9901€30,348
Financial charges65/66B€11
Recurring financial charges65€11
Profit (loss) for the period before taxes9903€30,337
Income taxes67/77€6,082
Profit (loss) for the period9904€24,255
Profit (loss) for the period to be appropriated9905€24,255
Line2025
Assets
Total assets20/58€47,492
Fixed assets21/28€5,071
Tangible fixed assets22/27€5,071
Other tangible fixed assets26€5,071
Current assets29/58€42,422
Amounts receivable within one year40/41€5,682
Trade receivables40€2,680
Other amounts receivable41€3,002
Cash at bank and in hand54/58€36,740
Equity and liabilities
Total equity and liabilities10/49€47,492
Equity10/15€27,255
Contributions10/11€3,000
Reserves13€24,255
Distributable reserves133€24,255
Amounts payable17/49€20,237
Amounts payable within one year42/48€20,237
Trade debts44€6,414
Suppliers440/4€6,414
Taxes, remuneration and social security45€13,823
Taxes450/3€13,823
Line2025
Profit (loss) for the period9904€24,255
+ Depreciation and write-downs630€6
Operating cash flow (approximation)€24,261

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

2026
16-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
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, Aalst · 1 establishment unit since 2025
seat establishment approximate The establishment unit on the map
Ground area
370 m²
Building footprint
108 m²
Volume, LiDAR
686 m³
Parcel 41302C1173/00S002, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BUST PROJECTS
Afspanningsstraat 1/A, 9300 AalstReal estate agency activities
since 20252.379.370.210
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41302C1173/00S002indicative Flanders 370 m² 1 · 108 m² 10.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 11,756 companies in sector 68310 we hold annual accounts for 6,906. 4,285 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
Founded08-10-2025
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
81100Combined facilities support activities
82990Other business support services

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