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EH PROJECTS

Active
Private limited companyfounded 20242 yrs activeGenkersteenweg 169, 3500 Hasselt, BelgiumKBO/BCE: BE 1009.538.782
Summary

The computed 12-month bankruptcy probability of EH PROJECTS is 3.2% (moderate). The 2025 annual accounts show equity of €2,128 and a net result of -€872. Its solvency ranks better than 80% of 976 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability50
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more 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 2025
Age of the figures
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
27 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

EH PROJECTS was incorporated on 21 May 2024 as a Private limited company.1 In 2026 the company took the name EH PROJECTS.2 The company has filed annual accounts once, for fiscal year 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 22-06-2026
  3. 3National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€2,128
Total assets
€2,757
Net result
-€872
Working capital
€1,074

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €2,757
Equity €2,128
Debt €629
Debt finances 22.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€368
Cash flow
€357
Interest coverage
31.44
Debt ≤ 1 year
€629
Staff costs
€9
Ratios withheld: a balance sheet total of €2,757 is too small for a meaningful ratio.

Peer companies

Historical observation

Of the 3,227 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 87% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.9% went bankrupt
8.6% stopped otherwise
87% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,227 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 · 25 lines
Balance sheet Code2025
Assets
Total assets20/58€2,757
Formation expenses20€1,054
Current assets29/58€1,703
Amounts receivable within one year40/41€410
Other amounts receivable41€410
Cash at bank and in hand54/58€1,293
Equity and liabilities
Total equity and liabilities10/49€2,757
Equity10/15€2,128
Contributions10/11€3,000
Profit (loss) carried forward14-€872
Amounts payable17/49€629
Amounts payable within one year42/48€629
Other amounts payable47/48€629
Income statement Code2025
Remuneration, social security and pensions62€9
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,229
Gross operating margin9900€377
Operating profit (loss)9901-€861
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€12
Recurring financial charges65€12
Profit (loss) for the period before taxes9903-€872
Profit (loss) for the period9904-€872
Profit (loss) for the period to be appropriated9905-€872
Appropriation of the result
Profit (loss) to be appropriated9906-€872

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€9
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,229
Gross operating margin9900€377
Operating profit (loss)9901-€861
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€12
Recurring financial charges65€12
Profit (loss) for the period before taxes9903-€872
Profit (loss) for the period9904-€872
Profit (loss) for the period to be appropriated9905-€872
Line2025
Assets
Total assets20/58€2,757
Formation expenses20€1,054
Current assets29/58€1,703
Amounts receivable within one year40/41€410
Other amounts receivable41€410
Cash at bank and in hand54/58€1,293
Equity and liabilities
Total equity and liabilities10/49€2,757
Equity10/15€2,128
Contributions10/11€3,000
Profit (loss) carried forward14-€872
Amounts payable17/49€629
Amounts payable within one year42/48€629
Other amounts payable47/48€629
Line2025
Profit (loss) for the period9904-€872
+ Depreciation and write-downs630€1,229
Operating cash flow (approximation)€357

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
27-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
22-06
State Gazette act Benaming
Name change · Statutes amendment · Power of attorney5 facts ▸
  • General meeting, buitengewone algemene vergadering van de aandeelhouders
  • Name change, EH PROJECTS
  • Statutes amendment, Artikel 1
  • Power of attorney
  • Power of attorney, Nico VANHOUT
State Gazette actNBB filing
1 of 3 acts read
About the unread acts

Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
984 m²
Building footprint
279 m²
Volume, LiDAR
1,646 m³
Parcel 71323C0453/00B002, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
HVAC Projects
Genkersteenweg 169, 3500 HasseltRepair, maintenance and installation of machinery and equipment
since 20242.359.737.806
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71323C0453/00B002 Flanders 984 m² 1 · 279 m² 7.4 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.

Similar companies · same sector, comparable size

Of 3,187 companies in sector 52250 we hold annual accounts for 1,963. 223 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
Founded21-05-2024
Fiscal year end31-12
Legal name NL HVAC PROJECTS
Activities, NACEBEL 2025
52250Logistics services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1009538782
Also 9925:BE1009538782
Registered 17-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.