Filings
29 annual accounts since 1997
Six of the last ten came late. The 2019 accounts came latest: 31 days after the end of the period.
DRT PROJECTS
Lifetime
20 annual accounts with figures on one time axis, 29 filings since 1997peak €15,057 (2025)
€15,057▲ €16,233
lowest -€1,867 (2024)
€14,349▲ €16,216
peak €72,937 (2025)
€72,937▲ 24.5%
€704▼ 95.3%
Board4 names since 2020
2 directorsGuy Melis and 1 other
Documentsfilings and deeds
26-02-2026155 days before the deadline
2025micro format
Gross margin from -€1,176 to €15,057Back to profit: €14,349Equity from €58,588 to €72,937Debts from €15,068 to €704
Key points
from the 2025 annual accountsBoard
2 joined · 2 left
Board changed. Latest change 12-02-2026 · 2 in office.
Position in the sector
99.0%
Higher solvency than 95% of companies in real estate. Sector median 28.9% · 17,190 companies.
Checked score
69
Healthy
Financially stronger than 76% of micro companies in real estate (NACE 68)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.4%▼ -0.1 percentage points vs 05-2025lowest value
07-2025: 0.6%▲ +0.2 percentage points vs 06-2025
08-2025: 1.1%▲ +0.5 percentage points vs 07-2025
09-2025: 0.5%▼ -0.6 percentage points vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 1.2%▲ +0.7 percentage points vs 02-2026highest value
04-2026: 0.9%▼ -0.3 percentage points vs 03-2026
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 0.9%● unchanged vs 06-2026
08-2026: 0.9%● unchanged vs 07-2026
09-2026: 0.9%● unchanged vs 08-2026
10-2026: 0.9%● unchanged vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
No registered site in the KBO
Liquidity: current ratio 0.11, cash €72
Size: total assets €73,641
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 91% of them on solvency, 51% on liquidity, 83% on profitability and 78% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as DRT PROJECTS has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of DRT PROJECTS itself is higher: 0.9% within 12 months. It rests on far more data about DRT PROJECTS than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for DRT PROJECTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.11 (0.01 in 2024), below 1. Short-term debt is 0.9% and cash 0.1% of total assets. 1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €72,937
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 26-02-2026, 155 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
155 days early
2024
29 days late
2023
29 days late
2022
19 days early
2021
30 days late
2020
27 days late
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 accounts filed within 48 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Company renamed from MMG to DRT PROJECTS
Capital decrease of €12,368.06 to €62,000 · Capital from €74,368.06 to €62,000 · Reappointments: Jurgen De Roeck (director) and Joke Teugels (director) · Gazette deed
Registered office moved within Sint-Gillis-Waas
New registered office: Samelstraat 44-9170 Sint-Gillis-Waas · Previous registered office: Reepstraat 123-9170 Sint-Gillis -Waas · Resignations: Marc Melis (director) and Guy Melis (director) · General meeting of 12-02-2026 · Gazette deed
Reappointments: Marc Melis (director) and Guy Melis (director)
General meeting of 16-05-2020 · Gazette deed
Incorporation
published on 14-01-1997 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DRT PROJECTS Sint-Gillis-Waas | €73,641 | €15,057 | 99.0% | - |
| BOGAERT INVEST Liedekerke | €82,873 | €12,219 | 11.8% | - |
| PROJETO Sint-Genesius-Rode | €140,047 | €33,259 | 71.9% | - |
| WOON² Sint-Truiden | €65,311 | €14,228 | 56.9% | - |
| APS Wanze | €35,719 | €24,270 | 75.2% | - |
| PROJECT MANAGEMENT PLUS Voeren | €125,303 | €42,042 | 41.7% | - |
| PROJECT-GUIDANCE Ghent | €95,029 | €17,388 | -37.7% | - |
These companies have the same main activity as DRT PROJECTS: development of non-residential building projects (NACE 68122). They are comparable in size and age: total assets between €35,700 and €140,000, founded between 1988 and 2010.
Official details
Source: KBO- Status
- Active since 03-01-1997Normal situation
- Activity
- Development of non-residential building projectsNACE 68122and 2 others
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- ≈ €56,000estimated
- €73,641=
- Filing
- Filed on 26-02-2026, 155 days before the end of the filing period
Insights on DRT PROJECTS
DRT PROJECTS files the micro format. That format states no turnover. The gross margin rose from €667 in 2006 to €15,057 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DRT PROJECTS
- What is the company number of DRT PROJECTS?
- The company number of DRT PROJECTS is 0459.742.782. The VAT number is the same number with BE in front: BE 0459.742.782.
- Where is DRT PROJECTS based?
- The registered office is at Samelstraat 44, 9170 Sint-Gillis-Waas.Company details
- What does DRT PROJECTS do?
- According to the KBO register, the main activity is development of non-residential building projects (NACE 68122).
- What is the legal form of DRT PROJECTS?
- DRT PROJECTS is a public limited company (NV).
- When was DRT PROJECTS founded?
- DRT PROJECTS was founded on 03-01-1997.
- Is DRT PROJECTS still active?
- Yes, DRT PROJECTS is an active enterprise in the KBO register.
- What is the turnover of DRT PROJECTS?
- The turnover in financial year 2025 is ≈ €56,000. This figure is estimated from the gross margin of €15,057 and 46 comparable companies (NACE 681). It probably lies between €39,000 and €160,000. It is a rough estimate.Financials
- Is DRT PROJECTS profitable?
- In financial year 2025, DRT PROJECTS made a profit of €14,349.
- Where can I find the annual accounts of DRT PROJECTS?
- DRT PROJECTS filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DRT PROJECTS due?
- DRT PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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