FURA Projects
ActiveSummary
FURA Projects has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €43k and a net result of €-16k. Equity is growing by ~28.2% per year across the filed fiscal years. Its solvency ranks better than 90% of 112 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability0=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
short-term debt: 0.6% and cash: 79.6% of total assets, and 0.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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 2026Solvency, return and age of the figures
Solvency
99.4%
Return on assets
-36.7%
Age of the figures
6 mo
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 · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026Net result per financial year
20212223242526
2020 to 2026 · latest year €-16k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 31-07-2026, 92 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2026
92 d early
2025
on the day
2024
2 d early
2023
on the day
2022
3 d late
2021
2 d late
2020
29 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€43k▼ 27.0%
2025 · €59k
2020: €2klowest in 7 years
2021: €14k▲ +771% vs 2020
2022: €32k▲ +134% vs 2021
2023: €40k▲ +25.0% vs 2022
2024: €78k▲ +93.1% vs 2023highest in 7 years
2025: €59k▼ -23.8% vs 2024
2026: €43k▼ -27.0% vs 2025
2020 → 2026
Total assets
€44k▼ 26.5%
2025 · €59k
2020: €221khighest in 7 years
2021: €35k▼ -84.1% vs 2020lowest in 7 years
2022: €52k▲ +47.0% vs 2021
2023: €59k▲ +13.8% vs 2022
2024: €94k▲ +60.9% vs 2023
2025: €59k▼ -37.2% vs 2024
2026: €44k▼ -26.5% vs 2025
2020 → 2026
Net result
€-16k▲ 13.9%
2025 · €-19k
2020: €-11k
2021: €12k▲ +213% vs 2020
2022: €19k▲ +51.9% vs 2021
2023: €8k▼ -56.4% vs 2022
2024: €38k▲ +366% vs 2023highest in 7 years
2025: €-19k▼ -149% vs 2024lowest in 7 years
2026: €-16k▲ +13.9% vs 2025
2020 → 2026
Working capital
€43k▼ 44.4%
2024 · €78k
2020: €1klowest value
2021: €13k▲ +962% vs 2020
2022: €33k▲ +151% vs 2021
2023: €42k▲ +28.2% vs 2022
2024: €78k▲ +85.0% vs 2023highest value
2026: €43k
2020 → 2026
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€32k-€40k▲ 25.0%€78k▲ 93.1%€59k▼ 23.8%€43k▼ 27.0%
2022: €32klowest in 5 years
2023: €40k▲ +25.0% vs 2022
2024: €78k▲ +93.1% vs 2023highest in 5 years
2025: €59k▼ -23.8% vs 2024
2026: €43k▼ -27.0% vs 2025
Operating result€24k-€13k▼ 47.0%€51k▲ 299%€-17k€-15k▲ 15.5%
2022: €24k
2023: €13k▼ -47.0% vs 2022
2024: €51k▲ +299% vs 2023highest in 5 years
2025: €-17k▼ -134% vs 2024lowest in 5 years
2026: €-15k▲ +15.5% vs 2025
Net result€19k-€8k▼ 56.4%€38k▲ 366%€-19k€-16k▲ 13.9%
2022: €19k
2023: €8k▼ -56.4% vs 2022
2024: €38k▲ +366% vs 2023highest in 5 years
2025: €-19k▼ -149% vs 2024lowest in 5 years
2026: €-16k▲ +13.9% vs 2025
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €15k in 2026 against €17k in 2025; the loss shrinks.
Balance-sheet composition
Equity and liabilities €44k
Equity
€43k
Debt
€267
Debt finances 0.6% of the balance-sheet total.
Key figures and ratios
Debt to equity
0.01
ROE
-36.9%▼
2025 · -31.3%
ROA
-36.7%▼
2025 · -31.3%
Debt ≤ 1 year
€267
Income taxes
€445
A ratio outside any meaningful range has been withheld (balance sheet total €44k, equity €43k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2026 against 2025 · 30 lines
Balance sheet
Code20252026
Assets
Total assets20/58€59k€44k▼
Current assets29/58€59k€44k▼
Amounts receivable within one year40/41€14k€9k▼
Other amounts receivable41€14k€9k▼
Cash at bank and in hand54/58€45k€35k▼
Equity and liabilities
Total equity and liabilities10/49€59k€44k▼
Equity10/15€59k€43k▼
Contributions10/11€12k€12k=
Reserves13€28k€28k=
Distributable reserves133€28k€28k=
Profit (loss) carried forward14€19k€3k▼
Amounts payable17/49-€267
Amounts payable within one year42/48-€267
Trade debts44-€41
Suppliers440/4-€41
Taxes, remuneration and social security45-€226
Taxes450/3-€226
Income statement
Code20252026
Other operating charges640/8€860€926▲
Gross operating margin9900€-17k€-14k▲
Operating profit (loss)9901€-17k€-15k▲
Financial income75/76B€351€0▼
Recurring financial income75€351€0▼
Financial charges65/66B€2k€846▼
Recurring financial charges65€2k€846▼
Profit (loss) for the period before taxes9903€-19k€-16k▲
Income taxes67/77-€445
Profit (loss) for the period9904€-19k€-16k▲
Profit (loss) for the period to be appropriated9905€-19k€-16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€3k▼
Profit (loss) brought forward from the previous period14P€38k€19k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €6k | €2k | - | - | - |
| Other operating charges640/8 | €911 | €977 | €900 | €860 | €926 | ▲ 7.7% |
| Gross operating margin9900 | €32k | €20k | €54k | €-17k | €-14k | ▲ 16.7% |
| Operating profit (loss)9901 | €24k | €13k | €51k | €-17k | €-15k | ▲ 15.5% |
| Financial income75/76B | €48 | - | €904 | €351 | €0 | ▼ 100% |
| Recurring financial income75 | €48 | - | €904 | €351 | €0 | ▼ 100% |
| Financial charges65/66B | €336 | €477 | €705 | €2k | €846 | ▼ 44.1% |
| Recurring financial charges65 | €336 | €477 | €705 | €2k | €846 | ▼ 44.1% |
| Profit (loss) for the period before taxes9903 | €24k | €12k | €52k | €-19k | €-16k | ▲ 16.2% |
| Income taxes67/77 | €6k | €4k | €14k | - | €445 | - |
| Profit (loss) for the period9904 | €19k | €8k | €38k | €-19k | €-16k | ▲ 13.9% |
| Profit (loss) for the period to be appropriated9905 | €19k | €8k | €38k | €-19k | €-16k | ▲ 13.9% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €52k | €59k | €94k | €59k | €44k | ▼ 26.5% |
| Fixed assets21/28 | €8k | €2k | - | - | - | - |
| Tangible fixed assets22/27 | €8k | €2k | - | - | - | - |
| Furniture and vehicles24 | €8k | €2k | - | - | - | - |
| Current assets29/58 | €44k | €57k | €94k | €59k | €44k | ▼ 26.5% |
| Stocks and contracts in progress3 | €27k | - | - | - | - | - |
| Stocks30/36 | €27k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €7k | €28k | €22k | €14k | €9k | ▼ 36.9% |
| Trade receivables40 | - | - | €64 | - | - | - |
| Other amounts receivable41 | €7k | €28k | €22k | €14k | €9k | ▼ 36.9% |
| Cash at bank and in hand54/58 | €9k | €29k | €72k | €45k | €35k | ▼ 23.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €52k | €59k | €94k | €59k | €44k | ▼ 26.5% |
| Equity10/15 | €32k | €40k | €78k | €59k | €43k | ▼ 27.0% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €1k | €20k | €28k | €28k | €28k | = |
| Distributable reserves133 | €1k | €20k | €28k | €28k | €28k | = |
| Profit (loss) carried forward14 | €19k | €8k | €38k | €19k | €3k | ▼ 84.3% |
| Amounts payable17/49 | €19k | €18k | €17k | - | €267 | - |
| Amounts payable after more than one year17 | €9k | €3k | - | - | - | - |
| Financial debts170/4 | €9k | €3k | - | - | - | - |
| Amounts payable within one year42/48 | €11k | €15k | €17k | - | €267 | - |
| Current portion of amounts payable after more than one year42 | €5k | €5k | €3k | - | - | - |
| Trade debts44 | €142 | €5k | - | - | €41 | - |
| Suppliers440/4 | €142 | €5k | - | - | €41 | - |
| Taxes, remuneration and social security45 | €6k | €4k | €14k | - | €226 | - |
| Taxes450/3 | €6k | €4k | €14k | - | €226 | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €8k | €38k | €-19k | €-16k | ▲ 13.9% |
| + Depreciation and write-downs630 | €6k | €6k | €2k | - | - | - |
| Operating cash flow (approximation) | €25k | €14k | €39k | €-19k | €-16k | ▲ 13.9% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - |
| Change in cash | - | €19k | €43k | €-27k | €-11k | ▲ 60.6% |
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 2027, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2020net €38k ▲366%
Operating result €51k, net result €38k, both a record.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2021
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
31-03
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
31-03
Financial
Liquidity triplescurrent ratio 2.70
Current ratio from 1.01 to 2.70; short-term debt falls from €201k to €8k.
2020
29-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Tervuren · 1 establishment unit since 2018
Ground area
6,434 m²
Building footprint
261 m²
Volume, LiDAR
1,850 m³
Parcel 24114A0086/00X002, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
FURA Projects
since 20182.278.519.211
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24114A0086/00X002 | Flanders | 6,434 m² | 1 · 261 m² | 11.3 m · 2 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.
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 4,893 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 (pre-2019)
Founded26-07-2018
Fiscal year end31-03
Activities, NACEBEL 2025
68121Development of residential building projects
Scores and ratios are computed by Checked and are not a credit decision.