Equity
€586,120 ▲ 46.0%
Equity rose in 2025 from €401,367 to €586,120.
HOUSE PROJECT
Lifetime
4 annual accounts with figures on one time axispeak €617,935 (2025)
€617,935▲ 94.7%
peak €220,364 (2024)
€184,753▼ 16.2%
peak €586,120 (2025)
€586,120▲ 46.0%
€17.9m▲ 13.9%
Board2 names since 2021
1 directorSCHEEN Mathieu Guido Geneviève Ghislain
Documentsfilings and deeds
27-02-202627 days late
2025micro format
Gross margin from €317,427 to €617,935Equity from €401,367 to €586,120Investments €2.7m
Key points
from the 2025 annual accountsDebts
€17.9m 97% of the balance sheet
Financial debts 12%Suppliers 0%Taxes and wages 1%Other 88%
Of this, €15.4m falls due within a year.
Investments
€2.4m 8.8 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 786.7% higher than in 2024.
Filings
4 annual accounts 2 late
The 2024 accounts came latest: 28 days after the end of the period.
Group
5 companies controlled
Heads a group.
Position in the sector
€184,753
Higher net result than 95% of companies in real estate. Sector median €6,009 · 17,169 companies.
Checked score
89
Excellent
Financially stronger than 48% of medium-sized companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 1,721 companies (NACE 68, medium-sized).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.5%▲ +0.2 percentage points vs 01-2025
03-2025: 0.6%▲ +0.1 percentage points vs 02-2025highest value
04-2025: 0.1%▼ -0.5 percentage points vs 03-2025lowest 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 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.2%▲ +0.1 percentage points vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.3%▲ +0.1 percentage points vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.4%▲ +0.1 percentage points vs 01-2026
03-2026: 0.6%▲ +0.2 percentage points vs 02-2026
04-2026: 0.1%▼ -0.5 percentage points 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: 0.2%▲ +0.1 percentage points vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.09, cash €195,058
Equity €586,120 (3.2% of total assets)
lowers risk
Size: total assets €18.5m
Sector: Real estate activities (NACE 68)
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 68, medium-sized). It does better than 20% of them on solvency, 7% on liquidity, 78% on profitability and 89% on growth.
The bankruptcy probability was computed on 06-11-2026 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 30-06-2025.
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 verdict
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.09 (0.09 in 2024), below 1. Short-term debt is 83.3% and cash 1.1% of total assets. 96.8% 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
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 17178 sector peers (2025).
NBB · sector comparisonPosition among 17178 sector peers
Solvency
better than 25%
← weakest
strongest →
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filingsDeviation from the deadline
2025
27 days late
2024
28 days late
2023
1 day early
2022
11 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 11 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 13 February (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end07-11-2026 today31-01-2027 deadline
Board and ownership
SM
SCHEEN Mathieu Guido Geneviève Ghislain
Director, since 28-05-2021
- SCHEEN Mathieu Guido Geneviève Ghislain 50 sharesdeed of 01-06-2021
Shares in 5 companies, including SCHEEN IMMO and SCHEEN PROJECT
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0768876339
Purpose change
“La prise de participation directe ou indirecte dans toutes sociétés ou entreprises commerciales…” (deed in French) · Gazette deed
Incorporation
Founding capital of €50,000, 50 shares · Founder: SCHEEN Mathieu Guido Geneviève Ghislain · Appointment: SCHEEN Mathieu Guido Geneviève Ghislain (director) · published on 01-06-2021 · Gazette deed
First establishment
Winbomont 1, Malmedy
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HOUSE PROJECT Malmedy | €18.5m | €617,935 | 3.2% | - |
| PLAINE 17 Brussels | €17.5m | €904,653 | -2.3% | - |
| CUMUDOR Pepingen | €15.7m | €361,081 | 6.2% | 0 |
| SHAPE Real Estate Ghent | €13.4m | €856,641 | 12.5% | 0 |
| GROEP HUYZENTRUYT INVEST 1 Waregem | €12.5m | €525,904 | 72.1% | 0 |
| Mols Development Arendonk | €13.6m | €555,299 | 53.8% | 0 |
| Tuberg Antwerp | €12.5m | €652,567 | -0.4% | 0.2 |
These companies have the same main activity as HOUSE PROJECT: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €12m and €18m, founded between 2019 and 2022.
Official details
Source: KBO- Status
- Active since 28-05-2021Normal situation
- Activity
- Buying and selling of own real estateNACE 68110and 2 others
- Establishment unit
- 2.320.137.4564960 Malmedy, since 28-05-2021
- Financial year end
- 30 June
- Peppol
- Reachable since 25-09-2025
Companies linked to HOUSE PROJECT
Subsidiaries and holdings
- AGOLINA95%
- VALBOYOU50%
- Vieux-Tiège50%
Insights on HOUSE PROJECT
HOUSE PROJECT files the micro format. That format states no turnover. The gross margin rose from €18,892 in 2022 to €617,935 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 HOUSE PROJECT
- What is the company number of HOUSE PROJECT?
- The company number of HOUSE PROJECT is 0768.876.339. The VAT number is the same number with BE in front: BE 0768.876.339.
- Where is HOUSE PROJECT based?
- The registered office is at Winbomont 1, 4960 Malmedy.Company details
- What does HOUSE PROJECT do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of HOUSE PROJECT?
- HOUSE PROJECT is a private limited company (BV).
- When was HOUSE PROJECT founded?
- HOUSE PROJECT was founded on 28-05-2021.
- Is HOUSE PROJECT still active?
- Yes, HOUSE PROJECT is an active enterprise in the KBO register.
- What is the turnover of HOUSE PROJECT?
- The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €617,935 and 43 comparable companies (NACE 681). It probably lies between €820,000 and €1.8m.Financials
- Is HOUSE PROJECT profitable?
- In financial year 2025, HOUSE PROJECT made a profit of €184,753.
- Where can I find the annual accounts of HOUSE PROJECT?
- HOUSE PROJECT filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HOUSE PROJECT due?
- HOUSE PROJECT must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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