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Buytaert Projects

Active
Private limited companyfounded 2025active for 1 yearRoerdomplei 26, 2950 Kapellen, BelgiumKBO/BCE: BE 1019.102.388
Summary

Buytaert Projects has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1,269 and a net result of -€731. Its solvency ranks better than 27% of 17,042 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

Equity
€1,269
Total assets
€26,766
Net result
-€731
Working capital
-€4,846

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

Balance-sheet composition
Assets €26,766
Fixed assets €6,115
Current assets €20,651
Equity and liabilities €26,766
Equity €1,269
Debt €25,498
Debt finances 95.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€2,654
Cash flow
€174
Current ratio
0.81
Debt to equity
20.10
ROE
-57.7%
ROA
-2.7%
Interest coverage
1.19
Debt ≤ 1 year
€25,498
Income taxes
€258
Staff costs
€176

Peer companies

Historical observation

Of the 280 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 95.7% are still going.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a small loss
1.1% went bankrupt
3.2% stopped otherwise
95.7% still going

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 280 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 · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€26,766
Fixed assets21/28€6,115
Tangible fixed assets22/27€6,115
Plant, machinery and equipment23€974
Furniture and vehicles24€5,141
Current assets29/58€20,651
Amounts receivable within one year40/41€6,752
Trade receivables40€6,752
Cash at bank and in hand54/58€13,899
Equity and liabilities
Total equity and liabilities10/49€26,766
Equity10/15€1,269
Contributions10/11€2,000
Profit (loss) carried forward14-€731
Amounts payable17/49€25,498
Amounts payable within one year42/48€25,498
Trade debts44€1,526
Suppliers440/4€1,526
Taxes, remuneration and social security45€3,942
Taxes450/3€2,942
Remuneration and social security454/9€1,000
Other amounts payable47/48€20,030
Income statement Code2025
Remuneration, social security and pensions62€176
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€905
Other operating charges640/8€450
Gross operating margin9900€3,279
Operating profit (loss)9901€1,749
Financial charges65/66B€2,222
Recurring financial charges65€2,222
Profit (loss) for the period before taxes9903-€473
Income taxes67/77€258
Profit (loss) for the period9904-€731
Profit (loss) for the period to be appropriated9905-€731
Appropriation of the result
Profit (loss) to be appropriated9906-€731

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

Line2025
Remuneration, social security and pensions62€176
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€905
Other operating charges640/8€450
Gross operating margin9900€3,279
Operating profit (loss)9901€1,749
Financial charges65/66B€2,222
Recurring financial charges65€2,222
Profit (loss) for the period before taxes9903-€473
Income taxes67/77€258
Profit (loss) for the period9904-€731
Profit (loss) for the period to be appropriated9905-€731
Line2025
Assets
Total assets20/58€26,766
Fixed assets21/28€6,115
Tangible fixed assets22/27€6,115
Plant, machinery and equipment23€974
Furniture and vehicles24€5,141
Current assets29/58€20,651
Amounts receivable within one year40/41€6,752
Trade receivables40€6,752
Cash at bank and in hand54/58€13,899
Equity and liabilities
Total equity and liabilities10/49€26,766
Equity10/15€1,269
Contributions10/11€2,000
Profit (loss) carried forward14-€731
Amounts payable17/49€25,498
Amounts payable within one year42/48€25,498
Trade debts44€1,526
Suppliers440/4€1,526
Taxes, remuneration and social security45€3,942
Taxes450/3€2,942
Remuneration and social security454/9€1,000
Other amounts payable47/48€20,030
Line2025
Profit (loss) for the period9904-€731
+ Depreciation and write-downs630€905
Operating cash flow (approximation)€174

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 31-07-2026 2026-00372771

Similar companies · same sector, comparable size

Of the 9,532 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,448. 1,007 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.