BVS Projects
ActiveSummary
BVS Projects has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €98k and a net result of €5k. Equity is growing by ~22.5% per year across the filed fiscal years. Its solvency ranks better than 78% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▲+1
Solvency100▲+10
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.51 against 2.07 in 2023; short-term debt: 20.7% and cash: 15.6% of total assets), and 20.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-07-2025, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
22 d early
2023
9 d early
2022
138 d early
2021
3 d early
2020
12 d early
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€98k▲ 5.5%
2023 · €93k
2018: €22k
2019: €34k
2020: €41k
2021: €64k
2022: €88k
2023: €93k
2018 → 2024
Total assets
€124k▼ 13.5%
2023 · €143k
2018: €41k
2019: €50k
2020: €73k
2021: €101k
2022: €162k
2023: €143k
2018 → 2024
Net result
€5k▲ 9.8%
2023 · €5k
2018: €17k
2019: €13k
2020: €7k
2021: €23k
2022: €25k
2023: €5k
2018 → 2024
Working capital
€64k▲ 19.7%
2023 · €54k
2018: €20k
2019: €34k
2020: €40k
2021: €57k
2022: €80k
2023: €54k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€41k-€64k▲ 55.2%€88k▲ 38.9%€93k▲ 5.3%€98k▲ 5.5%
Operating result€5k-€29k▲ 468%€31k▲ 8.1%€9k▼ 70.4%€10k▲ 8.1%
Net result€7k-€23k▲ 244%€25k▲ 9.4%€5k▼ 81.0%€5k▲ 9.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 8% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €124k
Fixed assets
€34k ▼ 13.9%
Current assets
€90k ▼ 13.3%
Equity and liabilities €124k
Equity
€98k ▲ 5.5%
Debt
€26k ▼ 48.8%
Debt's share of the balance-sheet total falls from 35.0% to 20.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18k▲
2023 · €13k
Cash flow
€14k▲
2023 · €8k
Current ratio
3.51▲
2023 · 2.07
Debt to equity
0.26▼
2023 · 0.54
ROE
5.2%▲
2023 · 5.0%
ROA
4.2%▲
2023 · 3.3%
Interest coverage
8.34▲
2023 · 6.77
Debt ≤ 1 year
€26k▼
2023 · €50k
Income taxes
€3k▼
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€143k€124k▼
Fixed assets21/28€39k€34k▼
Tangible fixed assets22/27€39k€34k▼
Land and buildings22€22k€18k▼
Plant, machinery and equipment23€14k€13k▼
Leasing and similar rights25€4k€3k▼
Current assets29/58€104k€90k▼
Amounts receivable after more than one year29€16k€14k▼
Other amounts receivable291€16k€14k▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€46k€55k▲
Trade receivables40€38k€42k▲
Other amounts receivable41€8k€12k▲
Cash at bank and in hand54/58€37k€19k▼
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€143k€124k▼
Equity10/15€93k€98k▲
Contributions10/11€6k€6k=
Reserves13€87k€92k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€87k€92k▲
Amounts payable17/49€50k€26k▼
Amounts payable within one year42/48€50k€26k▼
Current portion of amounts payable after more than one year42€2k€7k▲
Trade debts44€38k€1k▼
Suppliers440/4€38k€1k▼
Advances received on contracts in progress46€1k€1k=
Taxes, remuneration and social security45€4k€515▼
Taxes450/3€2k€515▼
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€4k€16k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€8k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€14k€20k▲
Operating profit (loss)9901€9k€10k▲
Financial income75/76B€368€293▼
Recurring financial income75€368€293▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€8k€8k▲
Income taxes67/77€3k€3k▼
Profit (loss) for the period9904€5k€5k▲
Profit (loss) for the period to be appropriated9905€5k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€5k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€5k€5k▲
To other reserves6921€5k€5k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €5k ▼81%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
15-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €25k ▲9.4%
Operating result €31k, net result €25k, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1 day late
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Kontich · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Koningin Astridlaan 472550 KontichGround area
1,115 m²
Building footprint
166 m²
Volume, LiDAR
670 m³
Parcel 11602C0175/00N014, Flanders · tallest building 12.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BVS Projects
since 20102.187.925.367
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11602C0175/00N014 | Flanders | 1,115 m² | 1 · 166 m² | 12.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
RioTek
BE 0751.986.461
Puurs-Sint-Amands · Eq €97,901
dk BOUWADVIES & PROJECTMANAGEMENT
BE 0837.661.712
Zoersel · Eq €97,813
ODACE
BE 0802.992.922
Dendermonde · Eq €98,644
LEGRAND JARDIN
BE 0676.826.507
Bernissart · Eq €99,076
Overlant
BE 0735.727.578
Diest · Eq €97,068
Of 2,264 companies in sector 71113 we hold annual accounts for 658. 552 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-03-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43331Floor and wall tiling
71113Urban planning and landscape architecture
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.