HOUBEN PROJECTS
ActiveHOUBEN PROJECTS has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91k and a net result of €48k. Equity is shrinking by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 26% of 4530 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55▲+18
Solvency38▲+11
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.03 in 2024; short-term debt: 87% and cash: 5.1% of total assets), and 87% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13%
Return on assets
6.9%
Age of the figures
9 mo
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
2122232425
2021 to 2025 · latest year €91k
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 15-07-2026, 16 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
16 d early
2024
22 d early
2023
6 d early
2022
18 d early
2021
13 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€48k
2024 · €-1k
2021: €-7k
2022: €-7k
2023: €-4k
2024: €-1k
2021 → 2025
Working capital
€91k▲ 112%
2024 · €43k
2021: €55k
2022: €48k
2023: €44k
2024: €43k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€55k-€48k▼ 12.2%€44k▼ 8.5%€43k▼ 2.9%€91k▲ 112%
Operating result€-2k-€-2k▼ 5.5%€-4k▼ 78.8%€-1k▲ 68.7%€59k
Net result€-7k-€-7k▲ 1.2%€-4k▲ 39.1%€-1k▲ 68.7%€48k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €59k after a loss of €1k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €697k
Equity
€91k▲ 112%
Debt
€607k▼ 64.3%
The debt ratio falls from 97.5% to 87.0%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
13.0%▲
2024 · 2.5%
Current ratio
1.15▲
2024 · 1.03
Quick ratio
0.19▲
2024 · 0.08
Debt / equity
6.68▼
2024 · 39.73
ROE
52.9%▲
2024 · -3.0%
ROA
6.9%▲
2024 · -0.1%
Debt
€607k▼
2024 · €1.70M
Debt ≤ 1 year
€607k▼
2024 · €1.70M
Income taxes
€11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.74M€697k▼
Current assets29/58€1.74M€697k▼
Stocks and contracts in progress3€1.61M€584k▼
Stocks30/36€1.61M€584k▼
Amounts receivable within one year40/41€78k€78k▼
Other amounts receivable41€78k€78k▼
Cash at bank and in hand54/58€50k€36k▼
Equity and liabilities
Total equity and liabilities10/49€1.74M€697k▼
Equity10/15€43k€91k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Profit (loss) carried forward14€-19k€29k▲
Amounts payable17/49€1.70M€607k▼
Amounts payable within one year42/48€1.70M€607k▼
Financial debts43€619k€92k▼
Credit institutions430/8€619k€92k▼
Trade debts44€1k€203▼
Suppliers440/4€1k€203▼
Advances received on contracts in progress46€581k€0▼
Taxes, remuneration and social security45-€11k
Taxes450/3-€11k
Other amounts payable47/48€496k€504k▲
Income statement
Code20242025
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-243€60k▲
Operating profit (loss)9901€-1k€59k▲
Profit (loss) for the period before taxes9903€-1k€59k▲
Income taxes67/77-€11k
Profit (loss) for the period9904€-1k€48k▲
Profit (loss) for the period to be appropriated9905€-1k€48k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€29k▲
Profit (loss) brought forward from the previous period14P€-18k€-19k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €48k
Net result €48k after 4 loss-making years.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Hasselt · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Prins-Bisschopssingel 363500 HasseltGround area
4,286 m²
Building footprint
1,632 m²
Volume, LiDAR
16,807 m³
Parcel 71324E0464/00A002, Flanders · tallest building 15.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HOUBEN PROJECTS
since 20212.313.442.773
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71324E0464/00A002 | Flanders | 4,286 m² | 1 · 1,632 m² | 15.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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TERRA HOUSING
BE 0521.898.602
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KADE 9000
BE 1005.621.467
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NICK WOSTYN
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 5,285 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-02-2021
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.