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Edifice Projects

Active
Private limited companyfounded 2024active for 1 yearBlutsdelle 10, 1652 Beersel, BelgiumKBO/BCE: BE 1017.662.236
Summary

The computed 12-month bankruptcy probability of Edifice Projects is 2.2% (moderate). The 2025 annual accounts show equity of €16,727 and a net result of €11,727. Its solvency ranks better than 17% of 9,309 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (60 days) Filed on 29 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00529786.

Equity
€16,727
Total assets
€191,824
Net result
€11,727
Working capital
€70,114

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €191,824
Fixed assets €3,421
Current assets €188,402
Equity and liabilities €191,824
Equity €16,727
Debt €175,096
Debt finances 91.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€12,073
Cash flow
€11,806
Current ratio
1.59
Debt to equity
10.47
ROE
70.1%
ROA
6.1%
Interest coverage
38.42
Debt ≤ 1 year
€118,288
Debt > 1 year
€1,051

Peer companies

Historical observation

Of the 320 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
0.9% went bankrupt
2.5% stopped otherwise
96.6% still going

For this company itself Checked computes a higher bankruptcy probability: 2.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 320 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
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€191,824
Fixed assets21/28€3,421
Tangible fixed assets22/27€3,421
Furniture and vehicles24€3,421
Current assets29/58€188,402
Amounts receivable within one year40/41€71,693
Trade receivables40€69,715
Other amounts receivable41€1,978
Cash at bank and in hand54/58€112,030
Deferred charges and accrued income490/1€4,679
Equity and liabilities
Total equity and liabilities10/49€191,824
Equity10/15€16,727
Contributions10/11€5,000
Profit (loss) carried forward14€11,727
Amounts payable17/49€175,096
Amounts payable after more than one year17€1,051
Financial debts170/4€1,051
Amounts payable within one year42/48€118,288
Current portion of amounts payable after more than one year42€1,744
Trade debts44€109,467
Suppliers440/4€109,467
Taxes, remuneration and social security45€6,477
Taxes450/3€6,477
Other amounts payable47/48€600
Accrued charges and deferred income492/3€55,758
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79
Other operating charges640/8€2,485
Gross operating margin9900€14,558
Operating profit (loss)9901€11,994
Financial income75/76B€47
Recurring financial income75€47
Financial charges65/66B€314
Recurring financial charges65€314
Profit (loss) for the period before taxes9903€11,727
Profit (loss) for the period9904€11,727
Profit (loss) for the period to be appropriated9905€11,727
Appropriation of the result
Profit (loss) to be appropriated9906€11,727

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79
Other operating charges640/8€2,485
Gross operating margin9900€14,558
Operating profit (loss)9901€11,994
Financial income75/76B€47
Recurring financial income75€47
Financial charges65/66B€314
Recurring financial charges65€314
Profit (loss) for the period before taxes9903€11,727
Profit (loss) for the period9904€11,727
Profit (loss) for the period to be appropriated9905€11,727
Line2025
Assets
Total assets20/58€191,824
Fixed assets21/28€3,421
Tangible fixed assets22/27€3,421
Furniture and vehicles24€3,421
Current assets29/58€188,402
Amounts receivable within one year40/41€71,693
Trade receivables40€69,715
Other amounts receivable41€1,978
Cash at bank and in hand54/58€112,030
Deferred charges and accrued income490/1€4,679
Equity and liabilities
Total equity and liabilities10/49€191,824
Equity10/15€16,727
Contributions10/11€5,000
Profit (loss) carried forward14€11,727
Amounts payable17/49€175,096
Amounts payable after more than one year17€1,051
Financial debts170/4€1,051
Amounts payable within one year42/48€118,288
Current portion of amounts payable after more than one year42€1,744
Trade debts44€109,467
Suppliers440/4€109,467
Taxes, remuneration and social security45€6,477
Taxes450/3€6,477
Other amounts payable47/48€600
Accrued charges and deferred income492/3€55,758
Line2025
Profit (loss) for the period9904€11,727
+ Depreciation and write-downs630€79
Operating cash flow (approximation)€11,806

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 29-09-2026 2026-00529786

Similar companies · same sector, comparable size

Of the 29,229 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,272. 11,259 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.