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FLANDERS INVEST PROJECTS

Active Private limited company (pre-2019)founded 2008active for 18 yearsJorisstraat 2, 8670 KoksijdeKBO/BCE: BE 0806.947.552

Lifetime

13 annual accounts with figures on one time axis, 17 filings since 2009
Gross marginpeak €57,787 (2019)
€18,467▲ €23,713
Resultlowest -€11,568 (2014)
€16,296▲ €24,172
Equitypeak €122,509 (2023)
€120,928▲ 5.5%
Debts
€70,889▼ 23.3%
Board1 name since 2023
1 directorMaram BV
Documentsfilings and deeds
01-07-202630 days before the deadline
2025abbreviated format
Gross margin from -€5,247 to €18,467Back to profit: €16,296Debts from €92,402 to €70,889

Key points

from the 2025 annual accounts

Turnover

≈ €75,000 estimated

The abbreviated format states no turnover.

Liquidity

1.12 was 0.26 in 2024

Short-term debts rose from €66,636 to €70,889.

Filings

17 annual accounts since 2009
AprilJune31 JulyOctober2010201520202025

Three of the last ten came late. The 2022 accounts came latest: 29 days after the end of the period.

Checked score

87
Excellent
Financially stronger than 49% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,551 companies (NACE 70, micro).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.8% 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.9%▲ +0.1 percentage points vs 03-2025 05-2025: 0.8%▼ -0.1 percentage points vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026highest value 05-2026: 0.3%▼ -0.6 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value 11-2026: 0.3%● unchanged vs 10-2026lowest value

Financial strength
Strong

Solvency
88+8equity 63.0% of total assets
Liquidity
66-6short-term debt 37.0%
Profitability
59+31return on assets 8.5%

Score breakdown

raises risk
Liquidity: current ratio 1.12
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €191,817
Founded in 2008
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 70, micro). It does better than 58% of them on solvency, 59% on liquidity, 26% on profitability and 51% on growth.

The bankruptcy probability was computed on 05-11-2026 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 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).

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as FLANDERS INVEST PROJECTS has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of FLANDERS INVEST PROJECTS itself: 0.3% within 12 months.

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.

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 34,693 companies, not a prediction for FLANDERS INVEST 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 €10,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.12 (0.26 in 2024), below the usual 1.5. Short-term debt is 37% of total assets. 37% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.12
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Size: total assets €191,817
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 days early
2024
23 days early
2023
28 days late
2022
29 days late
2021
25 days late
2020
39 days early
2019
11 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 3 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 25 August (4 of the last 5 accounts filed within 48 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MB
Maram BV
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0806947552
Registered office moved from Kuurne to Koksijde New registered office: Jorisstraat 2 app 5.1., 8670 Koksijde · Previous registered office: Nieuwenhuyse 80, 8520 Kuurne · General meeting of 12-01-2024 · Gazette deed
First establishment Jorisstraat 2, Koksijde
Incorporation published on 16-10-2008 · Gazette deed
All 27 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
FLANDERS INVEST PROJECTS Koksijde €191,817 €18,467 63.0% -
CORYPHELLA Dentergem €175,522 €21,372 86.9% 0
KM Ypres €159,627 €15,629 63.8% -
QM Solutions Ninove €181,111 €19,071 61.7% -
Plus Spatial Investments Belgium Edegem €190,808 €17,450 64.0% -
FVDH BEHEER Etterbeek €183,820 €19,587 -0.8% 0
JB CONSULTANCY Antwerp €202,355 €19,268 -92.6% -

These companies have the same main activity as FLANDERS INVEST PROJECTS: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €160,000 and €202,000, founded between 2007 and 2011.

Official details

Source: KBO
Status
Active since 23-09-2008Normal situation
Activity
Business and other management consultancyNACE 70200and 1 other
Establishment unit
2.178.538.8368670 Koksijde, since 08-06-2009
Financial year end
31 December
Peppol
Reachable since 07-01-2026
Company details

Annual accounts 2025

Total assets
€191,817▼ 7.4%
Filing
Filed on 01-07-2026, 30 days before the end of the filing period
Financials

Insights on FLANDERS INVEST PROJECTS

FLANDERS INVEST PROJECTS files the abbreviated format. That format states no turnover. The gross margin rose from -€5,862 in 2009 to €18,467 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 FLANDERS INVEST PROJECTS

What is the company number of FLANDERS INVEST PROJECTS?
The company number of FLANDERS INVEST PROJECTS is 0806.947.552. The VAT number is the same number with BE in front: BE 0806.947.552.
Where is FLANDERS INVEST PROJECTS based?
The registered office is at Jorisstraat 2, 8670 Koksijde.Company details
What does FLANDERS INVEST PROJECTS do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of FLANDERS INVEST PROJECTS?
FLANDERS INVEST PROJECTS is a private limited company (pre-2019) (BVBA).
When was FLANDERS INVEST PROJECTS founded?
FLANDERS INVEST PROJECTS was founded on 23-09-2008.
Is FLANDERS INVEST PROJECTS still active?
Yes, FLANDERS INVEST PROJECTS is an active enterprise in the KBO register.
What is the turnover of FLANDERS INVEST PROJECTS?
The turnover in financial year 2025 is ≈ €75,000. This figure is estimated from the gross margin of €18,467 and 139 comparable companies (NACE 70200). It probably lies between €33,000 and €190,000. It is a rough estimate.Financials
Is FLANDERS INVEST PROJECTS profitable?
In financial year 2025, FLANDERS INVEST PROJECTS made a profit of €16,296.
Where can I find the annual accounts of FLANDERS INVEST PROJECTS?
FLANDERS INVEST PROJECTS filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FLANDERS INVEST PROJECTS due?
FLANDERS INVEST PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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