BV-Projects
ActiveSummary
The computed 12-month bankruptcy probability of BV-Projects is 2.7% (moderate). The 2025 annual accounts show negative equity (-€67,106) and a net result of €10,337. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 28051 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability63▲+29
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.69 against 0.65 in 2024; short-term debt: 134.9% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-34.9%
Return on assets
5.4%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 28051 sector peers (2025).
NBB · sector comparisonPosition among 28051 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
1 d early
2024
13 d late
2023
41 d late
2022
on the day
2021
295 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 70 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Turnover
€320,441
EBIT margin
0.4%
Net result
€10,337
2024 · -€8,213
Working capital
-€81,705▲ 9.5%
2024 · -€90,257
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€320,441
Operating result€65,110-€51,628▼ 20.7%-€132,554€1,331€5,137▲ 286%
Net result€44,612-€37,735▼ 15.4%-€156,577-€8,213▲ 94.8%€10,337
EBIT margin0.4%
Equity€49,612-€87,347▲ 76.1%-€69,230-€77,443▼ 11.9%-€67,106▲ 13.3%
Total assets€420,321-€304,084▼ 27.7%€221,276▼ 27.2%€187,710▼ 15.2%€192,430▲ 2.5%
Debt€370,709-€216,738▼ 41.5%€290,506▲ 34.0%€265,153▼ 8.7%€259,536▼ 2.1%
Working capital-€18,960-€60,414-€68,881-€90,257▼ 31.0%-€81,705▲ 9.5%
Staff (FTE)1.9-2.4▲ 26.3%2.4=3.7▲ 54.2%1.9▼ 48.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 286% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €192,430
Fixed assets
€14,599 ▼ 25.2%
Current assets
€177,831 ▲ 5.7%
Key figures and ratios
EBITDA
€14,008▲
2024 · €10,686
Cash flow
€19,208▲
2024 · €1,142
Solvency
-34.9%▲
2024 · -41.3%
Current ratio
0.69▲
2024 · 0.65
Debt to equity
-3.87▼
2024 · -3.42
ROA
5.4%▲
2024 · -4.4%
Interest coverage
4.53▲
2024 · 2.52
Debt ≤ 1 year
€259,536▲
2024 · €258,454
Income taxes
-€8,099▼
2024 · €5,443
Staff costs
€118,776▲
2024 · €115,735
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €320,441 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €212,637 | - | - |
| Remuneration, social security and pensions62 | €91,303 | €91,453 | €113,022 | €115,735 | €118,776 | ▲ 2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,390 | €29,529 | €10,373 | €9,355 | €8,872 | ▼ 5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €12,532 | - |
| Other operating charges640/8 | €879 | €2,004 | €5,581 | €3,901 | €2,869 | ▼ 26.5% |
| Non-recurring operating charges66A | - | €12,000 | €784 | - | - | - |
| Gross operating margin9900 | €173,683 | €186,614 | -€2,794 | €130,323 | €148,185 | ▲ 13.7% |
| Operating profit (loss)9901 | €65,110 | €51,628 | -€132,554 | €1,331 | €5,137 | ▲ 286% |
| Financial income75/76B | €469 | €1 | €1,047 | €140 | €195 | ▲ 39.0% |
| Recurring financial income75 | €469 | €1 | €1,047 | €140 | €195 | ▲ 39.0% |
| Financial charges65/66B | €967 | €1,324 | €3,987 | €4,241 | €3,094 | ▼ 27.0% |
| Recurring financial charges65 | €967 | €1,324 | €3,987 | €4,241 | €3,094 | ▼ 27.0% |
| Profit (loss) for the period before taxes9903 | €64,612 | €50,305 | -€135,494 | -€2,770 | €2,237 | ▲ 181% |
| Income taxes67/77 | €20,000 | €12,570 | €21,083 | €5,443 | -€8,099 | ▼ 249% |
| Profit (loss) for the period9904 | €44,612 | €37,735 | -€156,577 | -€8,213 | €10,337 | ▲ 226% |
| Profit (loss) for the period to be appropriated9905 | €44,612 | €37,735 | -€156,577 | -€8,213 | €10,337 | ▲ 226% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €420,321 | €304,084 | €221,276 | €187,710 | €192,430 | ▲ 2.5% |
| Fixed assets21/28 | €122,487 | €64,010 | €20,368 | €19,514 | €14,599 | ▼ 25.2% |
| Tangible fixed assets22/27 | €122,041 | €63,497 | €19,841 | €19,514 | €14,599 | ▼ 25.2% |
| Plant, machinery and equipment23 | €55,540 | €19,140 | €12,634 | €6,854 | €3,838 | ▼ 44.0% |
| Furniture and vehicles24 | €66,501 | €44,357 | €7,207 | €12,660 | €10,761 | ▼ 15.0% |
| Financial fixed assets28 | €446 | €512 | €527 | - | - | - |
| Current assets29/58 | €297,834 | €240,075 | €200,909 | €168,197 | €177,831 | ▲ 5.7% |
| Amounts receivable within one year40/41 | €284,808 | €230,614 | €191,954 | €166,692 | €177,831 | ▲ 6.7% |
| Trade receivables40 | €83,335 | €169,068 | €125,958 | €85,390 | €103,256 | ▲ 20.9% |
| Other amounts receivable41 | €201,473 | €61,546 | €65,996 | €81,302 | €74,575 | ▼ 8.3% |
| Cash at bank and in hand54/58 | €8,723 | €9,461 | €8,954 | €1,061 | - | - |
| Deferred charges and accrued income490/1 | €4,303 | - | - | €444 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €420,321 | €304,084 | €221,276 | €187,710 | €192,430 | ▲ 2.5% |
| Equity10/15 | €49,612 | €87,347 | -€69,230 | -€77,443 | -€67,106 | ▲ 13.3% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €44,612 | €82,347 | -€74,230 | -€82,443 | -€72,106 | ▲ 12.5% |
| Amounts payable17/49 | €370,709 | €216,738 | €290,506 | €265,153 | €259,536 | ▼ 2.1% |
| Amounts payable after more than one year17 | €53,165 | €37,077 | €20,717 | €6,699 | - | - |
| Financial debts170/4 | €53,165 | €37,077 | €20,717 | €6,699 | - | - |
| Amounts payable within one year42/48 | €316,793 | €179,660 | €269,790 | €258,454 | €259,536 | ▲ 0.4% |
| Current portion of amounts payable after more than one year42 | €15,821 | €16,088 | €28,360 | €14,018 | €6,699 | ▼ 52.2% |
| Financial debts43 | - | - | - | €15,417 | €14,911 | ▼ 3.3% |
| Credit institutions430/8 | - | - | - | €15,417 | €14,911 | ▼ 3.3% |
| Trade debts44 | €164,368 | €124,160 | €126,594 | €85,014 | €96,886 | ▲ 14.0% |
| Suppliers440/4 | €164,368 | €124,160 | €126,594 | €85,014 | €96,886 | ▲ 14.0% |
| Taxes, remuneration and social security45 | €136,604 | €19,412 | €32,072 | €18,051 | €18,583 | ▲ 2.9% |
| Taxes450/3 | €120,686 | €15,262 | €23,431 | €14,282 | €9,233 | ▼ 35.3% |
| Remuneration and social security454/9 | €15,919 | €4,150 | €8,641 | €3,769 | €9,350 | ▲ 148% |
| Other amounts payable47/48 | - | €20,000 | €82,764 | €125,955 | €122,456 | ▼ 2.8% |
| Accrued charges and deferred income492/3 | €750 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44,612 | €37,735 | -€156,577 | -€8,213 | €10,337 | ▲ 226% |
| + Depreciation and write-downs630 | €16,390 | €29,529 | €10,373 | €9,355 | €8,872 | ▼ 5.2% |
| Operating cash flow (approximation) | €61,002 | €67,264 | -€146,204 | €1,142 | €19,208 | ▲ 1,581% |
| Investment in fixed assets (approximation) | - | €28,948 | €33,269 | -€8,501 | -€3,957 | ▲ 53.5% |
| Change in cash | - | €738 | -€506 | -€7,893 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €10,337
Net result €10,337 after 2 loss-making years.
13-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
12-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 41 days late
2023
30-06
Financial
Weakest financial yearnet -€156,577
Net result drops to -€156,577, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 295 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Lebbeke · 1 establishment unit since 2020
Ground area
343 m²
Building footprint
109 m²
Volume, LiDAR
577 m³
Parcel 42322C1093/00N000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
BV-Projects
since 20202.299.131.117
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42322C1093/00N000 | Flanders | 343 m² | 1 · 109 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 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
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CERA CONSTRUCT
BE 1018.856.623
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NATURE CONSTRUCT MEERT
BE 0803.346.872
Léglise · Eq €87,153
DAKWERKEN GULDEMONT EN ZONEN
BE 0480.655.190
Lennik · Eq €87,031
Of 8,568 companies in sector 43410 we hold annual accounts for 4,366. 3,804 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
Founded12-02-2020
Fiscal year end30-06
Activities, NACEBEL 2025
43410Roofing work
Scores and ratios are computed by Checked and are not a credit decision.