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EB PROJECTS

Active
Public limited companyfounded 1978active for 48 yearsToekomstlaan 41, 2200 Herentals, BelgiumKBO/BCE: BE 0418.702.478
Summary

EB PROJECTS has been active since 1978 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of €321,893. Equity has been growing by about 12% per year since 2019. Its solvency ranks better than 76% of 9,865 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 09-10-1978 Normal situation
Activity
Wholesale of information and communication equipment NACE 46500and 3 others
Joint committees
124 Construction
126 Furnishing and woodworking · annual accounts 30-09-2025
Establishment unit
2.015.296.645 2200 Herentals, since 09-10-1978
Financial year end
30 September
Peppol
Reachable since 21-10-2026

Board and ownership

Board
  • BV DAASSDaily manager · permanent representative Frank Geerts
  • BV Kona ConsultingDaily manager · permanent representative Kristof Van Gemert
Shareholders
  • Geerts Frankdeed of 09-01-2024

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-09-2025
Gross margin
€1.9m
▼ 21.0%
Turnover
≈ €8.0m
estimated
Profit
€321,893
▼ 54.7%
Equity
€2.1m
=
Total assets
€3.1m
▲ 1.0%
Employees on 30-09-2025
24
=
Score breakdownlowers riskLiquidity: current ratio 3.38, cash €877,352Founded in 1978Equity €2.1m (70.0% of total assets)Profit of €321,893 (financial year 2025)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 72% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 95-1
equity 70.0% of total assets
Liquidity 76+1
short-term debt 26.6% · cash 28.7%
Profitability 82-16
return on assets 10.5%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,375 companies, NACE 46, small)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025highest value 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €200,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.38 (3.69 in 2024), above the usual 1.5. Short-term debt is 26.6% and cash 28.7% of total assets. 30% of the assets are financed with debt and provisions.
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 46, small). It does better than 79% of them on solvency, 91% on liquidity, 84% on profitability and 33% on growth.

The bankruptcy probability was computed on 04-11-2026 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 30-09-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).

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

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 3.38, cash €877,352
NBB · annual accounts
lowers risk · Founded in 1978
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €2.1m (70.0% of total assets)
NBB · annual accounts
lowers risk · Profit of €321,893 (financial year 2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-03-2026, 41 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
41 days early
2024
20 days early
2023
32 days early
2022
23 days early
2021
30 days early
2020
on the day
2019
6 days early
← 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 22 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 31 March (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end05-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 20-03-2026 PDF all 47 filings

Turnover
≈ €8.0m
Estimated: probably between €4.8m and €14.0m
Total assets
€3.1m▲ 1.0%
2024 · €3.0m
Net result
€321,893▼ 54.7%
2024 · €711,353
Working capital
€1.9m▲ 0.8%
2024 · €1.9m
Multi-year overview
2019 to 2025, 7 financial years
Operating result
€451,628
▼ 53.5% 2025
20192025
Net result
€321,893
▼ 54.7% 2025
highest quarter of the sector
20192025
Equity
€2.1m
= 2025
highest quarter of the sector
20192025
Total assets
€3.1m
▲ 1.0% 2025
highest quarter of the sector
20192025
Debt
€916,668
▲ 3.3% 2025
20192025
Working capital
€1.9m
▲ 0.8% 2025
highest quarter of the sector
20192025
Solvency
70.0%
▼ 0.7pp 2025
highest quarter of the sector
20192025
Current ratio
3.38
▼ 0.31 2025
highest quarter of the sector
20192025
Return on assets (ROA)
10.5%
▼ 13.0pp 2025
highest quarter of the sector
20192025
Staff (FTE)
22.9
= 2025
highest quarter of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.2m-€0.1m▼ 32.6%€0.1m▲ 38.8%€0.3m▲ 101%€0.4m▲ 39.3%€1.0m▲ 145%€0.5m▼ 53.5%
Net result€0.1m-€0.06mwithin the sector's middle half▼ 42.7%€0.1mwithin the sector's middle half▲ 48.9%€0.2mabove the sector's middle half▲ 110%€0.3mabove the sector's middle half▲ 41.9%€0.7mabove the sector's middle half▲ 149%€0.3mabove the sector's middle half▼ 54.7%
Equity€1.1m-€1.1mabove the sector's middle half▲ 6.0%€1.0mwithin the sector's middle half▼ 11.3%€1.2mabove the sector's middle half▲ 18.2%€1.4mabove the sector's middle half▲ 19.2%€2.1mabove the sector's middle half▲ 49.9%€2.1mabove the sector's middle half=
Total assets€2.5m-€2.4mabove the sector's middle half▼ 5.1%€2.6mabove the sector's middle half▲ 6.1%€2.4mwithin the sector's middle half▼ 7.7%€2.7mwithin the sector's middle half▲ 13.6%€3.0mabove the sector's middle half▲ 13.0%€3.1mabove the sector's middle half▲ 1.0%
Debt€1.5m-€1.3m▼ 13.2%€1.5m▲ 21.7%€1.2m▼ 24.7%€1.3m▲ 7.8%€0.9m▼ 29.0%€0.9m▲ 3.3%
Working capital€0.9m-€1.0mabove the sector's middle half▲ 2.5%€0.8mwithin the sector's middle half▼ 16.9%€1.0mabove the sector's middle half▲ 25.0%€1.2mabove the sector's middle half▲ 22.6%€1.9mabove the sector's middle half▲ 55.7%€1.9mabove the sector's middle half▲ 0.8%
Solvency42.5%-47.4%within the sector's middle half▲ 4.9pp39.7%within the sector's middle half▼ 7.7pp50.8%within the sector's middle half▲ 11.1pp53.3%within the sector's middle half▲ 2.5pp70.7%above the sector's middle half▲ 17.4pp70.0%above the sector's middle half▼ 0.7pp
Current ratio1.94-2.11within the sector's middle half▲ 0.171.65within the sector's middle half▼ 0.462.10within the sector's middle half▲ 0.452.14within the sector's middle half▲ 0.053.69above the sector's middle half▲ 1.543.38above the sector's middle half▼ 0.31
Return on assets (ROA)4.4%-2.7%within the sector's middle half▼ 1.8pp3.8%within the sector's middle half▲ 1.1pp8.5%within the sector's middle half▲ 4.8pp10.7%within the sector's middle half▲ 2.1pp23.5%above the sector's middle half▲ 12.9pp10.5%above the sector's middle half▼ 13.0pp
Staff (FTE)28.8-28.1above the sector's middle half▼ 2.4%25.8above the sector's middle half▼ 8.2%25.1above the sector's middle half▼ 2.7%22above the sector's middle half▼ 12.4%22.9above the sector's middle half▲ 4.1%22.9above the sector's middle half=
above within below The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 54% lower than in 2024.

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.1m
Fixed assets €311,063 ▼ 21.6%
Current assets €2.7m ▲ 4.4%
Equity and liabilities €3.1m
Equity €2.1m =
Debt €916,668 ▲ 3.3%
Debt's share of the balance-sheet total rises from 29.3% to 30.0%. Debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€568,186▼
2024 · €1.1m
Cash flow
€438,451▼
2024 · €859,600
Quick ratio
3.00▼
2024 · 3.38
Debt to equity
0.43▲
2024 · 0.42
ROE
15.1%▼
2024 · 33.3%
Interest coverage
26.26▼
2024 · 52.09
Debt ≤ 1 year
€812,867▲
2024 · €713,464
Debt > 1 year
€100,196▼
2024 · €169,737
Income taxes
€117,283▼
2024 · €244,494
Staff costs
€1.3m▲
2024 · €1.3m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item30-09-202230-09-202330-09-202430-09-2025
Employees at the balance-sheet date24222424
full-time20172122
part-time4532
in full-time equivalents23.22123.423.6
Average over the year, in full-time equivalents25.12222.924
On a permanent contract23212324
Joined15102
Left3782
Training hours125162622-

Source: social balance sheet in the 2022 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item30-09-202230-09-202330-09-202430-09-2025
Debts secured on the company's own assets€544,174€298,895€295,152€164,555
Pledge on the business€658,459€658,459€658,459€658,459

Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item30-09-202230-09-202330-09-202430-09-2025
Tangible fixed assets€54,675€72,631€172,986€30,972
Depreciation and write-downs of the year€133,120€139,435€148,247€116,559

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2022 to 2025 · 6 entries · €5,450 awarded · €5,450 paid
Year Entries AwardedPaid
2025 1 €1,000€1,000
2024 2 €1,159€1,159
2023 2 €2,791€2,791
2022 1 €500€500
Schemes
1 entry · €2,492 · €2,492 paid · Departement Werk en Sociale Economie
2 entries · €2,000 · €2,000 paid · Departement Werk en Sociale Economie
1 entry · €500 · €500 paid · Departement Werk en Sociale Economie
2 entries · €458 · €458 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.0m€3.1m▲
Fixed assets21/28€0.4m€0.3m▼
Tangible fixed assets22/27€0.4m€0.3m▼
Plant, machinery and equipment23€0.06m€0.07m▲
Furniture and vehicles24€0.03m€0.02m▼
Leasing and similar rights25€0.3m€0.2m▼
Financial fixed assets28€135€135=
Current assets29/58€2.6m€2.7m▲
Stocks and contracts in progress3€0.2m€0.3m▲
Stocks30/36€0.2m€0.3m▲
Amounts receivable within one year40/41€1.5m€1.5m▼
Trade receivables40€1.5m€1.4m▼
Other amounts receivable41€0.05m€0.06m▲
Cash at bank and in hand54/58€0.8m€0.9m▲
Deferred charges and accrued income490/1€0.06m€0.06m▲
Equity and liabilities
Total equity and liabilities10/49€3.0m€3.1m▲
Equity10/15€2.1m€2.1m=
Contributions10/11€0.3m€0.3m=
Capital10€0.3m€0.3m=
Issued capital100€0.3m€0.3m=
Reserves13€1.9m€1.9m=
Non-distributable reserves130/1€0.03m€0.03m=
Legal reserve130€0.03m€0.03m=
Tax-exempt reserves132€0.2m€0.2m=
Distributable reserves133€1.7m€1.7m=
Profit (loss) carried forward14-€0
Amounts payable17/49€0.9m€0.9m▲
Amounts payable after more than one year17€0.2m€0.1m▼
Financial debts170/4€0.2m€0.1m▼
Amounts payable within one year42/48€0.7m€0.8m▲
Current portion of amounts payable after more than one year42€0.1m€0.06m▼
Trade debts44€0.1m€0.1m▼
Suppliers440/4€0.1m€0.1m▼
Taxes, remuneration and social security45€0.3m€0.2m▼
Taxes450/3€0.1m€0.03m▼
Remuneration and social security454/9€0.2m€0.2m▲
Other amounts payable47/48€0.2m€0.4m▲
Accrued charges and deferred income492/3€0.005m€0.004m▼
Income statement Code20242025
Non-recurring operating income76A€0.002m€0▼
Remuneration, social security and pensions62€1.3m€1.3m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.1m▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€0.03m
Other operating charges640/8€0.01m€0.04m▲
Gross operating margin9900€2.4m€1.9m▼
Operating profit (loss)9901€1.0m€0.5m▼
Financial income75/76B€0.006m€0.009m▲
Recurring financial income75€0.006m€0.009m▲
Financial charges65/66B€0.02m€0.02m▲
Recurring financial charges65€0.02m€0.02m▲
Profit (loss) for the period before taxes9903€1.0m€0.4m▼
Income taxes67/77€0.2m€0.1m▼
Profit (loss) for the period9904€0.7m€0.3m▼
Transfer to tax-exempt reserves689€0.2m€0▼
Profit (loss) for the period to be appropriated9905€0.5m€0.3m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.5m€0.3m▼
Transfer to equity691/2€0.5m€3▼
To other reserves6921€0.5m€3▼
Profit to be distributed694/7-€0.3m
Return on contributions (dividend)694-€0.3m
Social balance sheet
Average headcount (FTE)908722.922.9=

The notes to these accounts have 24 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 20-03-2026.

Line2019202020212022202320242025Change
Non-recurring operating income76A-----€0.002m€0▼ 100%
Remuneration, social security and pensions62---€1.2m€1.2m€1.3m€1.3m▲ 3.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m▼ 21.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-------€0.03m-
Other operating charges640/8---€0.009m€0.009m€0.01m€0.04m▲ 249%
Gross operating margin9900€1.6m€1.4m€1.4m€1.6m€1.8m€2.4m€1.9m▼ 21.0%
Operating profit (loss)9901€0.2m€0.1m€0.1m€0.3m€0.4m€1.0m€0.5m▼ 53.5%
Financial income75/76B---€0.004m€0.005m€0.006m€0.009m▲ 59.7%
Recurring financial income75€0.001m€453€0.002m€0.004m€0.005m€0.006m€0.009m▲ 59.7%
Financial charges65/66B---€0.02m€0.02m€0.02m€0.02m▲ 0.7%
Recurring financial charges65€0.02m€0.02m€0.01m€0.02m€0.02m€0.02m€0.02m▲ 0.7%
Profit (loss) for the period before taxes9903€0.1m€0.08m€0.1m€0.3m€0.4m€1.0m€0.4m▼ 54.1%
Income taxes67/77€0.02m€0.02m€0.03m€0.07m€0.1m€0.2m€0.1m▼ 52.0%
Profit (loss) for the period9904€0.1m€0.06m€0.1m€0.2m€0.3m€0.7m€0.3m▼ 54.7%
Transfer to tax-exempt reserves689-----€0.2m€0▼ 100%
Profit (loss) for the period to be appropriated9905€0.1m€0.06m€0.1m€0.2m€0.3m€0.5m€0.3m▼ 40.7%
Line2019202020212022202320242025Change
Assets
Total assets20/58€2.5m€2.4m€2.6m€2.4m€2.7m€3.0m€3.1m▲ 1.0%
Fixed assets21/28€0.6m€0.6m€0.5m€0.4m€0.4m€0.4m€0.3m▼ 21.6%
Tangible fixed assets22/27€0.6m€0.6m€0.5m€0.4m€0.4m€0.4m€0.3m▼ 21.6%
Plant, machinery and equipment23---€0.1m€0.1m€0.06m€0.07m▲ 21.1%
Furniture and vehicles24---€0.05m€0.04m€0.03m€0.02m▼ 54.4%
Leasing and similar rights25---€0.3m€0.2m€0.3m€0.2m▼ 26.5%
Financial fixed assets28€135€135€135€135€135€135€135=
Current assets29/58€1.9m€1.8m€2.0m€1.9m€2.3m€2.6m€2.7m▲ 4.4%
Stocks and contracts in progress3€0.3m€0.3m€0.3m€0.3m€0.3m€0.2m€0.3m▲ 40.5%
Stocks30/36---€0.3m€0.3m€0.2m€0.3m▲ 40.5%
Amounts receivable within one year40/41€1.3m€1.0m€1.4m€1.2m€1.3m€1.5m€1.5m▼ 2.7%
Trade receivables40---€1.1m€1.3m€1.5m€1.4m▼ 3.2%
Other amounts receivable41---€0.07m€0.08m€0.05m€0.06m▲ 12.5%
Cash at bank and in hand54/58€0.2m€0.5m€0.3m€0.4m€0.6m€0.8m€0.9m▲ 8.2%
Deferred charges and accrued income490/1---€0.05m€0.06m€0.06m€0.06m▲ 2.3%
Equity and liabilities
Total equity and liabilities10/49€2.5m€2.4m€2.6m€2.4m€2.7m€3.0m€3.1m▲ 1.0%
Equity10/15€1.1m€1.1m€1.0m€1.2m€1.4m€2.1m€2.1m=
Contributions10/11€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m=
Capital10---€0.3m€0.3m€0.3m€0.3m=
Issued capital100---€0.3m€0.3m€0.3m€0.3m=
Reserves13€0.8m€0.9m€0.8m€0.9m€1.2m€1.9m€1.9m=
Non-distributable reserves130/1---€0.03m€0.03m€0.03m€0.03m=
Legal reserve130---€0.03m€0.03m€0.03m€0.03m=
Tax-exempt reserves132-----€0.2m€0.2m=
Distributable reserves133---€0.9m€1.1m€1.7m€1.7m=
Profit (loss) carried forward14------€0-
Amounts payable17/49€1.5m€1.3m€1.5m€1.2m€1.3m€0.9m€0.9m▲ 3.3%
Amounts payable after more than one year17€0.4m€0.4m€0.3m€0.2m€0.2m€0.2m€0.1m▼ 41.0%
Financial debts170/4---€0.2m€0.2m€0.2m€0.1m▼ 41.0%
Amounts payable within one year42/48€1.0m€0.9m€1.2m€0.9m€1.1m€0.7m€0.8m▲ 13.9%
Current portion of amounts payable after more than one year42---€0.1m€0.1m€0.1m€0.06m▼ 48.7%
Financial debts43---€0.2m----
Credit institutions430/8---€0.2m----
Trade debts44€0.4m€0.3m€0.4m€0.3m€0.5m€0.1m€0.1m▼ 24.8%
Suppliers440/4---€0.3m€0.5m€0.1m€0.1m▼ 24.8%
Taxes, remuneration and social security45---€0.2m€0.2m€0.3m€0.2m▼ 31.9%
Taxes450/3---€0.03m€0.05m€0.1m€0.03m▼ 83.0%
Remuneration and social security454/9---€0.1m€0.2m€0.2m€0.2m▲ 17.2%
Other amounts payable47/48---€0.2m€0.2m€0.2m€0.4m▲ 193%
Accrued charges and deferred income492/3---€0.005m€0.005m€0.005m€0.004m▼ 20.1%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€112,368€64,358€95,798€201,154€285,363€711,353€321,893▼ 54.7%
+ Depreciation and write-downs630€121,999€120,106€127,333€133,120€139,435€148,247€116,559▼ 21.4%
Operating cash flow (approximation)€234,367€184,464€223,131€334,274€424,799€859,600€438,451▼ 49.0%
Investment in fixed assets (approximation)--€102,537-€74,150-€54,675-€72,631-€172,986-€30,972▲ 82.1%
Change in cash-€282,408-€217,047€113,713€187,795€198,689€66,605▼ 66.5%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 20,136 companies had the same profile as EB PROJECTS has now. Two years later, 95.0% were still going and 0.2% had gone bankrupt.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
95.0% was still going
4.7% stopped otherwise
0.2% went bankrupt

That fits the bankruptcy probability of EB PROJECTS itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the 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%

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 20,136 companies, not a prediction for EB 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.

Latest 10 of 47 filings with the National Bank
Financial year Type Filed Reference Document
30-09-2025 abbreviated format 20-03-2026 2026-00057971 PDF
30-09-2024 abbreviated format 10-04-2025 2025-00067548 PDF
30-09-2023 abbreviated format 29-03-2024 2024-00058726 PDF
30-09-2022 abbreviated format 07-04-2023 2023-00058492 PDF
30-09-2021 abbreviated format 31-03-2022 2022-09900404 PDF
30-09-2020 abbreviated format 30-04-2021 2021-12300483 PDF
30-09-2019 abbreviated format 24-04-2020 2020-09800251 PDF
30-09-2018 abbreviated format 27-05-2019 2019-14500133 PDF
30-09-2017 abbreviated format 24-05-2018 2018-13900014 PDF
30-09-2016 abbreviated format 25-04-2017 2017-09900187 PDF

Show all 47 filings

Board & ownership

Directors

Directors
2 directors, 2 in day-to-day management, last change in 2025

Board 2

BV DAASS
Director (not named in the articles) · appointed by deed of 14-11-2025 · 6-year term from 2025 · Legal entity · permanent representative: Frank Geerts
Current
BV Kona Consulting
Director (not named in the articles) · since 22-10-2025 · 6-year term from 2025 · Legal entity · permanent representative: Kristof Van Gemert · listed in the 2025 annual accounts, filed on 20-03-2026
Current

Day-to-day management 2

BV DAASS
Day-to-day manager · appointed by deed of 14-11-2025 · 6-year term from 2025 · Legal entity · permanent representative: Frank Geerts
Current
BV Kona Consulting
Day-to-day manager · appointed by deed of 14-11-2025 · 6-year term from 2025 · Legal entity · permanent representative: Kristof Van Gemert
Current
Permanent representatives 2
Frank Geerts
Permanent representative · appointed by deed of 14-11-2025 · for BV DAASS
Current
Kristof Van Gemert
Permanent representative · appointed by deed of 14-11-2025 · for BV Kona Consulting
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Vertegenwoordiging De raad van bestuur vertegenwoordigt de vennootschap jegens derden, met inbegrip van de vertegenwoordiging in rechte…”
deed of 09-01-2024

Owners and capital

Shareholders

Stated in the deed deed of 09-01-2024 ↗

Capital transactions

Capital over time
  1. 09-01-2024 Capital stated in the deed · €262,000 · 1,022 shares

Mandate history

4 people, 2 in office
Show
  • Board
  • Day-to-day management
Mandates per person, with start and end dates
Name Functions and periods
BV DAASS
  • Director (not named in the articles), appointed by deed of 14-11-2025, still in office
  • Day-to-day manager, appointed by deed of 14-11-2025, still in office
BV Kona Consulting
  • Director (not named in the articles), from 22-10-2025 to date
  • Day-to-day manager, appointed by deed of 14-11-2025, still in office
Frank Geerts
  • Managing director, appointed by deed of 06-02-2023, until 14-11-2025
  • Managing director, appointed by deed of 06-02-2023, until 14-11-2025
Ludo Smans
  • Director, appointed by deed of 06-02-2023, until 17-04-2025
See the board, name and registered office on a given date →

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
Term of at most 6 years
“Helft aanwezig of vertegenwoordigd”

Articles of association, deed of 09-01-2024 (in Dutch)

Network & group

EB PROJECTS shares no director with another company.

Connections & network

2 current directors
Depth

The network starts from the directors of EB PROJECTS. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Deeds, filings and financial milestones

Deadline for the 2026 accounts: 30-04-2027
2026
20-03
NBB filing Annual accounts 2025 filedPDF
abbreviated format · 41 days before the deadline
2025
14-11
Gazette deed 2 directors appointed, 1 director resigning
Resignation: Frank Geerts (director) · Appointments: BV Kona Consulting (director) and BV DAASS (director) · Permanent representatives: Kristof Van Gemert and Frank Geerts11 points ▸
  • General meeting, 22-10-2025
  • Director resignation, Frank Geerts (director (not named in the articles))
  • Director discharge, Frank Geerts
  • Director appointment, BV Kona Consulting (director (not named in the articles))
  • Permanent representative, Kristof Van Gemert, mentioned twice in the deed
  • Director appointment, BV DAASS (director (not named in the articles))
  • Permanent representative, Frank Geerts, mentioned twice in the deed
  • Board meeting, 17-10-2025
  • Director resignation, Frank Geerts (day-to-day manager)
  • Director appointment, BV Kona Consulting (day-to-day manager)
  • Director appointment, BV DAASS (day-to-day manager)

Open the deed in the Belgian Official Gazette

17-06
Gazette deed Resignation: Ludo Smans (director)
Director discharge: Ludo Smans3 points ▸
  • General meeting, 20-04-2025
  • Director resignation, Ludo Smans (director (not named in the articles))
  • Director discharge, Ludo Smans

Open the deed in the Belgian Official Gazette

10-04
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 20 days before the deadline
2024
30-09
Financial Highest result from 2019 to 2025net €711,353 ▲149%
The operating result of €971,594 and the net result of €711,353 are both a record.
30-09
Financial Equity above €2mequity €2.1m ▲49.9%
With a profit in every financial year since 2019, equity grows to €2.1m.
29-03
NBB filing Annual accounts 2023 filedPDF
abbreviated format · 32 days before the deadline
09-01
Gazette deed Amendment of the articles
Geerts Frank holds all the shares3 points ▸
  • Capital, €262,000, 1,022 shares
  • Registered office clause, Toekomstlaan 41 bus A te 2200 Herentals
  • Geerts Frank holds all the shares
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

2023
07-04
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 23 days before the deadline
06-02
Gazette deed Appointments: Frank Geerts (managing director) and Ludo Smans (director)
3 points ▸
  • General meeting, 06-03-2021
  • Director appointment, Frank Geerts (managing director)
  • Director appointment, Ludo Smans
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2022
31-03
NBB filing Annual accounts 2021 filedPDF
abbreviated format · 30 days before the deadline
2021
30-04
NBB filing Annual accounts 2020 filedPDF
abbreviated format · on the deadline day
Show earlier events
2020
30-09
Financial Weakest financial yearnet €64,358 ▼42.7%
The net result drops to €64,358, the lowest from 2019 to 2025. It recovers the following year.
24-04
NBB filing Annual accounts 2019 filedPDF
abbreviated format · 6 days before the deadline
2019
27-05
NBB filing Annual accounts 2018 filedPDF
abbreviated format · 27 days late
2018
24-05
NBB filing Annual accounts 2017 filedPDF
abbreviated format · 24 days late
2017
25-04
NBB filing Annual accounts 2016 filedPDF
abbreviated format · 5 days before the deadline
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

EB PROJECTS was incorporated on 9 October 1978.1 Total assets rose from €2.5m in 2019 to €3.1m in 2025 and headcount from 28.8 to 22.9 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Company details

Register details

Identity

KBO record
Name EB PROJECTS in Dutch
Enterprise number 0418.702.478
Legal form Public limited company
Status Active, normal situation
Founded 09-10-1978
Entity type Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 09-01-2024 (in Dutch)

Registered office and establishments

Registered office Toekomstlaan 41, 2200 Herentals, Belgium
Establishment unit EB PROJECTS NV, Toekomstlaan 41, 2200 Herentals since 09-10-1978 · unit number 2.015.296.645 3100104 Manufacture of furniture
Website www.ebprojects.be establishment in Herentals
E-mail info@ebprojects.be establishment in Herentals
Phone 014/28.55.20 establishment in Herentals
Fax 014/21.11.08 establishment in Herentals

Activities

NACEBEL 2025
VAT activities
46500 Wholesale of information and communication equipment main activity
31001 Manufacture of furniture
47400 Retail sale of information and communication equipment
Social security (RSZ) activities
43320 Joinery installation main activity
Codes under NACEBEL 2008
VAT activities
46660 Wholesale trade main activity
31010 Manufacture of furniture
47410 Retail trade
Social security (RSZ) activities
43320 Joinery installation main activity
Codes under NACEBEL 2003
51850 main activity
36121
52487
Joint committees 124 Construction
126 Furnishing and woodworking annual accounts 30-09-2025
PurposeThe purpose describes the activities the company may carry out under its articles.
“De import,export,de productie,de verkoop en de herstellingen van alle mogelijke materialen en in het bijzonder kantoormaterialen; De aan-en…”
2 activities
  1. De import,export,de productie,de verkoop en de herstellingen van alle mogelijke materialen en in het bijzonder kantoormaterialen
  2. De aan-en verkoop,invoer en uitvoer,distributie,groot-en kleinhandel met betrekking tot alle soorten meubilair,huisraad,elektrische en elektronische middelen en apparaten,papierwaren,boeken en schoolbenodigdheden,uitrusting,tekenbureaus,publiciteitsmateriaal en relatiegeschenken,hard-en software,het herstellen van voornoemde goederen en machines en alles wat valt onder de nomenclatuur van het handelsregister onder de rubriek groot-en kleinhandel in de producten van de metaal-,kunststof-en houtverwerkende bedrijven,de kunst en precisienijverheid en artikelen voor muziek,die kunnen nodig zijn of aangewend worden in kantoren en schoolgebouwen,openbare gebouwen en instellingen,klinieken en rustoorden,aulas en conferentieruimten,huiselijke kring,tuinen en hotels
deed of 09-01-2024 (in Dutch)

Invoicing and payment

VAT number BE 0418.702.478
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0418702478
Registered 21-10-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 5 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0418.702.478

Financial year and general meeting

Accounts at the NBB
Financial year end 30-09
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of March at 14:00
deed of 09-01-2024 (in Dutch)

Recognitions · licences · registrations

Recognised contractor

1 category
EB PROJECTS NVapproval number 27344
  • D5 General joinery, timber roof trusses and stairsclass 5, up to €2,172,000
decision 13-03-2023

Dual-learning approval

7 live approvals · 9 ended
Binnenschrijnwerk en interieur duaal (so)
approved · 2022 to 2027
Interieurbouwer duaal (so)
approved · 2022 to 2027
Machinaal houtbewerker duaal (so)
approved · 2022 to 2027
Medewerker hout duaal (so)
approved · 2022 to 2027
Operator CNC-gestuurde houtbewerkingsmachines duaal (so)
approved · 2022 to 2027
Productie-industrie duaal (so)
approved · 2022 to 2027
Show 1 more
Productiemedewerker industrie duaal (so)
approved · 2022 to 2027
Show 9 ended approvals
Interieurbouwer (so)
discontinued · 2022 to 2025
Machinaal houtbewerker (so)
discontinued · 2022 to 2025
Productiemedewerker industrie (so)
discontinued · 2022 to 2025
Productiemedewerker interieurbouw (so)
discontinued · 2023 to 2025
Machinaal houtbewerker (so)
ended · 2017 to 2022
Machinaal houtbewerker duaal (so)
ended · 2017 to 2022
Medewerker hout duaal (so)
ended · 2017 to 2022
Productiemedewerker hout (so)
discontinued · 2022 to 2022
Productiemedewerker interieurbouw (so)
ended · 2017 to 2022

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
1.8 ha
Building footprint
9,703 m²
Building volume
77,058 m³
Cadastral parcel Region Area Buildings Height / floors
13302D0074/00Y000 Flanders 1.8 ha 1 · 9,703 m² 9.9 m · 3