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Hus Projects

Active
Private limited companyfounded 2024active for 2 yearsKleithoek 4, 8020 Oostkamp, BelgiumKBO/BCE: BE 1014.408.182
Summary

Hus Projects has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€4,566) and a net result of -€10,566. The computed 12-month bankruptcy probability is 1.5% (low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (8 days) Filed on 8 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00388598.

Equity
-€4,566
Total assets
€358,991
Net result
-€10,566
Working capital
-€4,566

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

Key figures and ratios
2025 value
EBITDA
-€2,365
Cash flow
-€9,479
Solvency
-1.3%
Current ratio
0.99
Quick ratio
0.07
ROA
-2.9%
Interest coverage
-0.31
Debt
€363,556
Debt ≤ 1 year
€363,556
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 1,555 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 91.6% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a small loss
4.6% went bankrupt
3.6% stopped otherwise
91.6% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 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% 1.0%
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 1,555 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 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€358,991
Current assets29/58€358,991
Stocks and contracts in progress3€333,699
Stocks30/36€333,699
Amounts receivable within one year40/41€20,971
Trade receivables40€8,350
Other amounts receivable41€12,621
Cash at bank and in hand54/58€2,617
Deferred charges and accrued income490/1€1,704
Equity and liabilities
Total equity and liabilities10/49€358,991
Equity10/15-€4,566
Contributions10/11€6,000
Profit (loss) carried forward14-€10,566
Amounts payable17/49€363,556
Amounts payable within one year42/48€363,556
Financial debts43€265,000
Credit institutions430/8€265,000
Trade debts44€5,284
Suppliers440/4€5,284
Other amounts payable47/48€93,272
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,087
Other operating charges640/8€128
Gross operating margin9900-€2,237
Operating profit (loss)9901-€3,452
Financial income75/76B€624
Recurring financial income75€624
Financial charges65/66B€7,738
Recurring financial charges65€7,738
Profit (loss) for the period before taxes9903-€10,566
Profit (loss) for the period9904-€10,566
Profit (loss) for the period to be appropriated9905-€10,566
Appropriation of the result
Profit (loss) to be appropriated9906-€10,566
Social balance sheet
Average headcount (FTE)90870.0

The notes to these accounts (8 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€1,087
Other operating charges640/8€128
Gross operating margin9900-€2,237
Operating profit (loss)9901-€3,452
Financial income75/76B€624
Recurring financial income75€624
Financial charges65/66B€7,738
Recurring financial charges65€7,738
Profit (loss) for the period before taxes9903-€10,566
Profit (loss) for the period9904-€10,566
Profit (loss) for the period to be appropriated9905-€10,566
Line2025
Assets
Total assets20/58€358,991
Current assets29/58€358,991
Stocks and contracts in progress3€333,699
Stocks30/36€333,699
Amounts receivable within one year40/41€20,971
Trade receivables40€8,350
Other amounts receivable41€12,621
Cash at bank and in hand54/58€2,617
Deferred charges and accrued income490/1€1,704
Equity and liabilities
Total equity and liabilities10/49€358,991
Equity10/15-€4,566
Contributions10/11€6,000
Profit (loss) carried forward14-€10,566
Amounts payable17/49€363,556
Amounts payable within one year42/48€363,556
Financial debts43€265,000
Credit institutions430/8€265,000
Trade debts44€5,284
Suppliers440/4€5,284
Other amounts payable47/48€93,272
Line2025
Profit (loss) for the period9904-€10,566
+ Depreciation and write-downs630€1,087
Operating cash flow (approximation)-€9,479

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 abbreviated format 08-08-2026 2026-00388598

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