CB PROJECTEN
ActiveSummary
The computed 12-month bankruptcy probability of CB PROJECTEN is 2.6% (moderate). The 2024 annual accounts show equity of €11,076 and a net result of €9,778. Equity is growing by ~45.2% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability93▲+67
Solvency47▲+20
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.69 against 0.59 in 2023; short-term debt: 73% and cash: 21.1% of total assets), and 78.4% of the assets are financed with debt.
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Signals
Four 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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% 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 2024Solvency, return and age of the figures
Solvency
21.6%
Return on assets
19.1%
Age of the figures
21 mo
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 22-06-2026, 39 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
39 d early
2024
37 d early
2023
44 d early
2022
41 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 40 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 21 June (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€11,076▲ 753%
2023 · €1,298
Total assets
€51,184▼ 14.8%
2023 · €60,065
Net result
€9,778
2023 · -€4,516
Working capital
-€11,437▲ 38.7%
2023 · -€18,668
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202220232024
Operating result€6,359--€381€15,516
Net result€3,814within the sector's middle half--€4,516below the sector's middle half€9,778within the sector's middle half
Equity€5,814below the sector's middle half-€1,298below the sector's middle half▼ 77.7%€11,076below the sector's middle half▲ 753%
Total assets€82,914within the sector's middle half-€60,065within the sector's middle half▼ 27.6%€51,184below the sector's middle half▼ 14.8%
Debt€77,100-€58,767▼ 23.8%€40,109▼ 31.7%
Working capital-€16,317below the sector's middle half--€18,668below the sector's middle half▼ 14.4%-€11,437below the sector's middle half▲ 38.7%
Solvency7.0%below the sector's middle half-2.2%below the sector's middle half▼ 4.9pp21.6%within the sector's middle half▲ 19.5pp
Current ratio0.68below the sector's middle half-0.59below the sector's middle half▼ 0.100.69below the sector's middle half▲ 0.11
Return on assets (ROA)4.6%within the sector's middle half--7.5%below the sector's middle half▼ 12.1pp19.1%within the sector's middle half▲ 26.6pp
Staff (FTE)0.8-1▲ 25.0%1=
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €15,516 after a loss of €381 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €51,184
Fixed assets
€25,258 ▼ 24.8%
Current assets
€25,927 ▼ 2.1%
Equity and liabilities €51,184
Equity
€11,076 ▲ 753%
Debt
€40,109 ▼ 31.7%
Debt's share of the balance-sheet total falls from 97.8% to 78.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25,123▲
2023 · €9,128
Cash flow
€19,384▲
2023 · €4,994
Debt to equity
3.62▼
2023 · 45.27
ROE
88.3%▲
2023 · -347.8%
Interest coverage
5.99▲
2023 · 2.01
Debt ≤ 1 year
€37,363▼
2023 · €45,164
Debt > 1 year
€2,622▼
2023 · €13,603
Income taxes
€1,543
Staff costs
€19,591▲
2023 · €12,157
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
3.6%
went bankrupt
1.8%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.6% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 7,976 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
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | €0 | €200 | - | - |
| Remuneration, social security and pensions62 | €27,710 | €12,157 | €19,591 | ▲ 61.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,842 | €9,510 | €9,606 | ▲ 1.0% |
| Other operating charges640/8 | €1,190 | €541 | €1,359 | ▲ 151% |
| Non-recurring operating charges66A | €561 | €4,057 | - | - |
| Gross operating margin9900 | €44,662 | €25,884 | €46,073 | ▲ 78.0% |
| Operating profit (loss)9901 | €6,359 | -€381 | €15,516 | ▲ 4,172% |
| Financial income75/76B | €5 | €399 | €0 | ▼ 100.0% |
| Recurring financial income75 | €5 | €399 | €0 | ▼ 100.0% |
| Financial charges65/66B | €1,640 | €4,534 | €4,196 | ▼ 7.5% |
| Recurring financial charges65 | €1,640 | €4,534 | €4,196 | ▼ 7.5% |
| Profit (loss) for the period before taxes9903 | €4,724 | -€4,516 | €11,321 | ▲ 351% |
| Income taxes67/77 | €910 | - | €1,543 | - |
| Profit (loss) for the period9904 | €3,814 | -€4,516 | €9,778 | ▲ 317% |
| Profit (loss) for the period to be appropriated9905 | €3,814 | -€4,516 | €9,778 | ▲ 317% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €82,914 | €60,065 | €51,184 | ▼ 14.8% |
| Fixed assets21/28 | €47,466 | €33,569 | €25,258 | ▼ 24.8% |
| Intangible fixed assets21 | €1,201 | €901 | €601 | ▼ 33.3% |
| Tangible fixed assets22/27 | €45,753 | €32,156 | €24,145 | ▼ 24.9% |
| Plant, machinery and equipment23 | €4,356 | €8,391 | €7,934 | ▼ 5.4% |
| Furniture and vehicles24 | €41,397 | €23,766 | €16,211 | ▼ 31.8% |
| Financial fixed assets28 | €512 | €512 | €512 | = |
| Current assets29/58 | €35,448 | €26,496 | €25,927 | ▼ 2.1% |
| Stocks and contracts in progress3 | €500 | €700 | - | - |
| Stocks30/36 | €500 | €700 | - | - |
| Amounts receivable within one year40/41 | €34,663 | €23,807 | €13,722 | ▼ 42.4% |
| Trade receivables40 | €27,174 | €21,730 | €8,649 | ▼ 60.2% |
| Other amounts receivable41 | €7,488 | €2,077 | €5,074 | ▲ 144% |
| Cash at bank and in hand54/58 | - | - | €10,792 | - |
| Deferred charges and accrued income490/1 | €285 | €1,989 | €1,412 | ▼ 29.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €82,914 | €60,065 | €51,184 | ▼ 14.8% |
| Equity10/15 | €5,814 | €1,298 | €11,076 | ▲ 753% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €3,000 | - | €9,000 | - |
| Distributable reserves133 | €3,000 | - | €9,000 | - |
| Profit (loss) carried forward14 | €814 | -€702 | €76 | ▲ 111% |
| Amounts payable17/49 | €77,100 | €58,767 | €40,109 | ▼ 31.7% |
| Amounts payable after more than one year17 | €25,335 | €13,603 | €2,622 | ▼ 80.7% |
| Financial debts170/4 | €25,335 | €13,603 | €2,622 | ▼ 80.7% |
| Amounts payable within one year42/48 | €51,765 | €45,164 | €37,363 | ▼ 17.3% |
| Current portion of amounts payable after more than one year42 | - | €11,732 | €10,981 | ▼ 6.4% |
| Financial debts43 | €23,218 | €20,149 | - | - |
| Credit institutions430/8 | €11,390 | €20,149 | - | - |
| Other loans439 | €11,828 | - | - | - |
| Trade debts44 | €20,426 | €8,493 | €16,832 | ▲ 98.2% |
| Suppliers440/4 | €20,426 | €8,493 | €16,832 | ▲ 98.2% |
| Taxes, remuneration and social security45 | €1,553 | €2,187 | €5,177 | ▲ 137% |
| Taxes450/3 | €910 | €910 | €1,543 | ▲ 69.6% |
| Remuneration and social security454/9 | €643 | €1,277 | €3,633 | ▲ 184% |
| Other amounts payable47/48 | €6,568 | €2,602 | €4,374 | ▲ 68.1% |
| Accrued charges and deferred income492/3 | - | - | €123 | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,814 | -€4,516 | €9,778 | ▲ 317% |
| + Depreciation and write-downs630 | €8,842 | €9,510 | €9,606 | ▲ 1.0% |
| Operating cash flow (approximation) | €12,656 | €4,994 | €19,384 | ▲ 288% |
| Investment in fixed assets (approximation) | - | €4,387 | -€1,295 | ▼ 130% |
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
22-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €9,778
Net result €9,778 after one loss-making year.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€4,516
Net result drops to -€4,516, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Deinze · 1 establishment unit since 2021
Ground area
434 m²
Building footprint
103 m²
Volume, LiDAR
346 m³
Parcel 44054A0554/00N000, Flanders · tallest building 3.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CB Projecten
since 20212.325.658.835
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44054A0554/00N000 | Flanders | 434 m² | 1 · 102 m² | 3.8 m · 1 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,470 EUR awarded · 1,470 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,470 EUR | 1,470 EUR |
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Of 29,785 companies in sector 41001 we hold annual accounts for 16,058. 9,655 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
Founded21-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43221Plumbing work
43230Insulation installation
43320Joinery installation
95314Bodywork repair (including spraying and painting)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0778885254
Also
9925:BE0778885254
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.