Losses
-€3,730 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
INITIO PROJECTS
Overview
Lifetime
2 annual accounts with figures on one time axispeak -€135 (2025)
-€135▲ €1,300
lowest -€2,340 (2024)
-€1,390▲ €950
peak €7,660 (2024)
€6,270▼ 18.2%
€108,661▲ 32×
Board5 names since 2024
5 directorsM-Projects and 4 others
Owners3 names in the annual accounts
40%SOM BEHEERSMAATSCHAPPIJ and 2 others
Documentsfilings and deeds
06-07-202625 days before the deadline
2025abbreviated format
Gross margin from -€1,435 to -€135Loss of €1,390Equity from €7,660 to €6,270Debts from €3,400 to €108,661Cash from €2,760 to €12,490
Key points
from the 2025 annual accountsDebts
€108,661 95% of the balance sheet
After one year 0%Within one year 100%
Of this, €108,652 falls due within a year.
Liquidity
1.06 was 3.25 in 2024
Short-term debts rose from €3,400 to €108,652.
Starting capital
€10,000 10 shares
At the same address
31 companies
Position in the sector
€6,270
Less equity than 81% of companies in real estate. Sector median €300,201 · 11,304 companies.
Turnover not published (abbreviated format)
Checked score
68
Healthy
Financially stronger than 23% of micro companies in real estate (NACE 68)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
03-2025: 0.7%
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.8%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.1%▼ -0.7 percentage points vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.2%▲ +0.1 percentage points vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.6%▲ +0.4 percentage points vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Founded in 2024
Equity €6,270 (5.5% of total assets)
lowers risk
Sector: Real estate activities (NACE 68)
Size: total assets €114,930
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, micro). It does better than 26% of them on solvency, 13% on liquidity, 30% on profitability and 22% on growth.
The bankruptcy probability was computed on 08-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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).
Comparable companies, two years later
In July 2024, 1,301 companies had the same profile as INITIO PROJECTS has now. Each dot stands for 4 companies, two years later.
92.6%
were still trading
1.6%
stopped another way
5.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of INITIO PROJECTS itself is lower: 0.6% within 12 months. It rests on far more data about INITIO PROJECTS than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,301 companies, not a prediction for INITIO PROJECTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 11299 sector peers (2025).
NBB · sector comparisonPosition among 11299 sector peers
Solvency
better than 24%
← weakest
strongest →
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 06-07-2026, 25 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
25 days early
2024
17 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 21 days before 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
IC
I&P CONSULTING bv
Director, since 10-12-2024
SI
S.I.M.C. nv
Director, since 10-12-2024
- SOM BEHEERSMAATSCHAPPIJ 40%score 91equity €7.5m (2025) · annual accounts 2025
- VERCAMMEN IVO 40%score 95equity €7.3m (2025) · annual accounts 2025
- M-Projects 20%score 78equity €234,396 (2025) · annual accounts 2025
Recent changes
Environmental permit granted
Bouwen of herbouwen · Begijnendijk
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1006199212
Environmental permit refused
Bouwen of herbouwen · Provincie Vlaams-Brabant
Incorporation
Founding capital of €10,000, 10 shares · Founders: SOM BEHEERSMAATSCHAPPIJ, VERCAMMEN IVO and M-PROJECTS · Appointments: SOM BEHEERSMAATSCHAPPIJ, VERCAMMEN IVO and M-PROJECTS · published on 22-02-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| INITIO PROJECTS Hasselt | €114,930 | -€135 | 5.5% | - |
| Benoni Invest Ronse | €126,890 | -€9,871 | 32.7% | - |
| JK CONCEPT Neufchâteau | €119,988 | -€1,121 | 2.1% | - |
| IMMO MOREAU Wavre | €115,368 | -€66 | -1.6% | - |
| Kroon 428 Brasschaat | €102,040 | -€1,797 | 46.1% | - |
| APK Invest Boortmeerbeek | €96,257 | -€8,681 | 94.7% | - |
| Elements Belgium Waasmunster | €147,074 | -€233 | 3.7% | - |
These companies have the same main activity as INITIO PROJECTS: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €96,300 and €147,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 20-02-2024Normal situation
- Registered office
- 32 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Development of residential building projectsNACE 68121and 1 other
- Establishment unit
- 2.357.660.3233500 Hasselt, since 20-02-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 09-09-2025
Annual accounts 2025
- -€135▲ 90.6%
- €1,390▼ 40.6%
- €6,270▼ 18.2%
- €114,930▲ 939%
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on INITIO PROJECTS
INITIO PROJECTS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,270 and a net result of -€1,390.
Its solvency ranks better than 24% of 11,299 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 06-07-2026, 25 days before the deadline-€135
▲ €1,300
-€684
▲ €1,138
-€1,390
▲ €950
€6,278
▼ 18.0%
5.5%
▼ 63.8 percentage points
1.06
▼ 2.20
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance sheet
balance sheet total €114,930 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
5.5%
Higher than 24% of 11,299 companies in 2025.
1.06
Higher than 47% of 10,851 companies in 2025.
-1.2%
Higher than 29% of 11,184 companies in 2025.
INITIO PROJECTS
Middle half of the sector
80% of the sector
Abbreviated accounts in real estate (NACE 68)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
114,930 | 11,060 | |
29/58 |
114,930 | 11,060 | |
3 |
85,975 | 7,200 | |
30/36 |
85,975 | 7,200 | |
40/41 |
16,465 | 1,100 | |
41 |
16,465 | 1,100 | |
54/58 |
12,490 | 2,760 | |
| Balance sheet: equity and liabilities | |||
10/49 |
114,930 | 11,060 | |
10/15 |
6,270 | 7,660 | |
10/11 |
10,000 | 10,000 | |
14 |
-3,730 | -2,340 | |
17/49 |
108,661 | 3,400 | |
42/48 |
108,652 | 3,400 | |
44 |
43,301 | 3,400 | |
440/4 |
43,301 | 3,400 | |
47/48 |
65,352 | - | |
492/3 |
8 | - | |
| Income statement | |||
9900 |
-135 | -1,435 | |
640/8 |
549 | 387 | |
9901 |
-684 | -1,823 | |
65/66B |
706 | 517 | |
65 |
706 | 517 | |
9903 |
-1,390 | -2,340 | |
9904 |
-1,390 | -2,340 | |
9905 |
-1,390 | -2,340 | |
| Appropriation of the result | |||
9906 |
-3,730 | -2,340 | |
14P |
-2,340 | - | |
| Document | |||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 06-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 9,730 | - | ||
| 6,278 | 7,660 | ||
| 5.5% | 69.3% | ||
| 1.06 | 3.25 | ||
| 0.27 | 1.14 | ||
| 17.33 | 0.44 | ||
| -22.2% | -30.5% | ||
| -1.2% | -21.2% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on INITIO PROJECTS
The operating result for 2025 is a loss of €684, smaller than the loss of €1,823 in 2024.
Debt's share of the balance-sheet total rises from 30.7% to 94.5%. Equity is lower and debt is higher.
Board & ownership
Board
5 directors, since incorporationM-Projects BV
Director (not named in the articles), permanent representative VANLAER Mattias
current term since 10-12-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 06-07-2026
Director (not named in the articles), permanent representative SOMERS Danny
current term since 10-12-2024
term without a fixed end
also on the board of 10 other companies
listed in the 2025 annual accounts, filed on 06-07-2026
Director (not named in the articles)
current term since 10-12-2024
term without a fixed end
also on the board of 5 other companies
listed in the 2025 annual accounts, filed on 06-07-2026
1 other company bankrupt- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 14. Bevoegdheden van het bestuursorgaan Interne vertegenwoordigingsbevoegdheid Indien de vennootschap door meer dan één bestuurders…”deed of 22-02-2024
Permanent representatives 2
Mandates through the years
5 names, the dashed line is todayM-Projects
Director (not named in the articles)
Director (not named in the articles)
SOM BEHEERSMAATSCHAPPIJ
Director (not named in the articles)
Director (not named in the articles)
VERCAMMEN IVO
Director (not named in the articles)
Director (not named in the articles)
I&P CONSULTING bv
Director
Director
S.I.M.C. nv
Director
Director
Board
Mandates as a list
- M-Projects
- Director (not named in the articles), appointed by deed of 22-02-2024, still in office
- SOM BEHEERSMAATSCHAPPIJ
- Director (not named in the articles), appointed by deed of 22-02-2024, still in office
- VERCAMMEN IVO
- Director (not named in the articles), appointed by deed of 22-02-2024, still in office
- I&P CONSULTING bv
- Director, from 10-12-2024 to date
- S.I.M.C. nv
- Director, from 10-12-2024 to date
Control
Shareholder
Equity €7.5m
Profit €40,448 in 2025 (loss €1.1m in 2024)
Checked score 91
4 voting rights
40%
This company
INITIO PROJECTS
Equity €6,270
Loss €1,390 in 2025
Capital
- Contribution
- €10,000
- Shares
- 10
- Contribution per share
- €1,000
- Equity per share
- €627 in 2025
- Source
- deed of 22-02-2024
Owners through the years
as the annual accounts name themOwners as a list
- SOM BEHEERSMAATSCHAPPIJ
- VERCAMMEN IVO
- M-Projects
Source: shareholder structure in its own accounts
Articles of association
deed of 22-02-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 3 directors
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 10 shares
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 20:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
3 ownersOwners 3
- Equity €7.5m Profit of €40,448 in 2025 (loss of €1.1m in 2024) Checked score 9140%
- Equity €7.3m Profit of €1.8m in 2025 (profit of €109,016 in 2024) Checked score 95Sourceown accounts 202540%
- Equity €234,396 Loss of €17,585 in 2025 (profit of €28,838 in 2024) Checked score 7820%
Capital transactions
Shareholders according to the deeds
At incorporation
deed of 22-02-2024 ↗
- SOM BEHEERSMAATSCHAPPIJ (BE 0464.461.338) 4 shares (40%) · €4,000
- VERCAMMEN IVO (BE 0467.012.933) 4 shares (40%) · €4,000
- M-PROJECTS (BE 0820.562.392) 2 shares (20%) · €2,000
Capital over time
- 22-02-2024 Incorporation · €10,000 · 10 shares
The directors' other companies
1 current director with another company that went bankrupt, was dissolved or struck off1 other company of this director went bankrupt (2024).
- Royal-Nord bankruptcy on 05-12-2024Official Gazettemandate until 2020
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
Network & group
No group
INITIO PROJECTS has no parent and no holdings in its annual accounts.
At the same address
Het Dorlik 16, 3500 Hasselt · 31 other companies| SOM BEHEERSMAATSCHAPPIJ
registered office since 24-12-1998 · founded in 1998 · group KONRAD INVEST |
turnover €5.8m (2025) 0464.461.338 |
| SOM Real Estate
registered office since 14-12-2021 · founded in 2021 |
total assets €9.7m (2025) 0778.628.304 |
| SOM FACILITIES
registered office since 03-03-1995 · founded in 1995 · accounts filed late |
8.1 FTE (2024) 0454.137.667 |
| SOMINVEST
registered office since 02-07-1987 · founded in 1987 |
total assets €7.7m (2025) 0431.213.894 |
| VASTGOED3
registered office since 24-02-2015 · founded in 2015 |
total assets €6.6m (2025) 0598.902.150 |
| BEST Projects
registered office since 10-02-2011 · founded in 2011 |
total assets €5.6m (2025) 0833.642.942 |
| DE SLEUTEL
registered office since 17-11-2023 · founded in 2023 |
total assets €3.9m (2025) 1002.366.821 |
| SOM ontwikkelingsmaatschappij
registered office since 14-12-2021 · founded in 2021 |
total assets €3.8m (2025) 0778.630.282 |
| KOLMEN INVEST
registered office since 28-10-2011 · founded in 2011 · negative equity (2025) · group KONRAD INVEST |
total assets €3.6m (2025) 0840.708.106 |
| UVA Projects
registered office since 20-12-2021 · founded in 2021 |
total assets €3.0m (2025) 0778.823.094 |
Connections & network
32 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
THONIS
via VERCAMMEN IVO · Class A director · deed of 23-10-2019
Founded in 2019 · total assets €7.0m (2025) · negative equity
→
MONTAGNA
Founded in 2022 · total assets €4.0m (2025) · negative equity
→
HABITALE
Founded in 2022 · total assets €3.7m (2025) · negative equity
→
GREEN GOLF DEVELOPMENT
via SOM BEHEERSMAATSCHAPPIJ · Director · deed of 30-04-2026
Founded in 2024 · total assets €2.8m (2025) · negative equity
→
Show 28 more companies with a shared director
TERHAS
via SOM BEHEERSMAATSCHAPPIJ · Director (not named in the articles) · deed of 01-02-2022
Founded in 2018 · total assets €1.6m (2025) · negative equity
→
IMMO BRUSSEL
via SOM BEHEERSMAATSCHAPPIJ · Director (not named in the articles) · deed of 27-12-2023
Founded in 2013 · total assets €1.2m (2025) · negative equity
→
Gemako Invest
via SOM BEHEERSMAATSCHAPPIJ · Director · deed of 19-06-2019
Founded in 2019 · total assets €1.1m (2024) · accounts filed late
→
GRANDO HASSELT
via SOM BEHEERSMAATSCHAPPIJ · Director (not named in the articles) · deed of 22-07-2020
Founded in 2020 · 1.5 FTE (2024) · negative equity · accounts filed late
→
BELéPOQUE
via SOM BEHEERSMAATSCHAPPIJ and VERCAMMEN IVO · Director (not named in the articles) · deed of 08-09-2022
Founded in 2005 · total assets €12.7m (2025)
→
ID Vastgoed
via SOM BEHEERSMAATSCHAPPIJ and VERCAMMEN IVO · Director (not named in the articles) · deed of 27-12-2023
Founded in 2015 · total assets €9.2m (2025)
→
BEST Projects
via SOM BEHEERSMAATSCHAPPIJ · Director (not named in the articles) · deed of 31-08-2023
Founded in 2011 · total assets €5.6m (2025)
→
SPECIAL BUILDING PROJECTS
via VERCAMMEN IVO · Director (not named in the articles) · deed of 19-12-2023
Founded in 2003 · total assets €4.7m (2025)
→
DE SLEUTEL
via SOM BEHEERSMAATSCHAPPIJ · Director · deed of 21-11-2023
Founded in 2023 · total assets €3.9m (2025)
→
FINTECH REAL ESTATE 2
via SOM BEHEERSMAATSCHAPPIJ and VERCAMMEN IVO · Director (not named in the articles) · deed of 10-03-2022
Founded in 2011 · total assets €3.2m (2025)
→
CONVITA
Founded in 2024 · total assets €3.0m (2025)
→
UVA Projects
via SOM BEHEERSMAATSCHAPPIJ · Director (not named in the articles) · deed of 22-12-2021
Founded in 2021 · total assets €3.0m (2025)
→
CNTR St-Truiden
via SOM BEHEERSMAATSCHAPPIJ · Director · deed of 16-10-2024
Founded in 2022 · total assets €2.9m (2025) · group KONRAD INVEST
→
GLOM
Founded in 2022 · total assets €2.7m (2025)
→
GREEN GOLF REAL ESTATE
via SOM BEHEERSMAATSCHAPPIJ · Director · deed of 28-04-2026
Founded in 2024 · total assets €2.2m (2025)
→
VONDERPARK
via SOM BEHEERSMAATSCHAPPIJ · Director (not named in the articles) · deed of 27-12-2023
Founded in 2013 · total assets €2.2m (2025)
→
ID Grondmij
via SOM BEHEERSMAATSCHAPPIJ and VERCAMMEN IVO · Director (not named in the articles) · deed of 01-07-2019
Founded in 2019 · total assets €2.1m (2025)
→
BISE
via VERCAMMEN IVO · Director (not named in the articles) · deed of 20-12-2023
Founded in 2006 · total assets €2.1m (2025)
→
Bongerd Vastgoed
via VERCAMMEN IVO · Director (not named in the articles) · deed of 18-12-2023
Founded in 2006 · total assets €1.3m (2025)
→
ER² INVESTMENTS
via VERCAMMEN IVO · Director · deed of 25-03-2026
Founded in 2010 · total assets €1.1m (2025) · group ALEN
→
BILDIT
via M-Projects · Director (not named in the articles) · deed of 08-01-2020
Founded in 2020 · total assets €1.0m (2025)
→
BEST INVESTS
via SOM BEHEERSMAATSCHAPPIJ · Director (not named in the articles) · deed of 07-09-2023
Founded in 2015 · total assets €484,777 (2025)
→
GLOM Construct
Founded in 2025 · total assets €405,413 (2025)
→
HERITAGE
via SOM BEHEERSMAATSCHAPPIJ and VERCAMMEN IVO · Director (not named in the articles) · deed of 03-10-2023
Founded in 2002 · total assets €276,994 (2025)
→
VERPA INVEST
via VERCAMMEN IVO · Director (not named in the articles) · deed of 27-12-2023
Founded in 2010 · total assets €57,859 (2025)
→
Carnegie Projects
Founded in 2025
→
→
MAS Projects
via M-Projects · Director (not named in the articles) · deed of 03-07-2025
Founded in 2025
→
Timeline
Timeline
7 events since 2024Filings
Permits
Establishments
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBabbreviated format · 25 days before the deadline
Environmental permit granted OmgevingsloketBouwen of herbouwen · Begijnendijk
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1006199212
Annual accounts 2024 filed PDFabbreviated format · 17 days before the deadline
Environmental permit refused OmgevingsloketBouwen of herbouwen · Provincie Vlaams-Brabant
2024
IncorporationFounding capital of €10,000, 10 shares · Founders: SOM BEHEERSMAATSCHAPPIJ, VERCAMMEN IVO and M-PROJECTS · Appointments: SOM BEHEERSMAATSCHAPPIJ, VERCAMMEN IVO and M-PROJECTS · published on 22-02-202412 points ▸
- Founder, SOM BEHEERSMAATSCHAPPIJ
- Founder, VERCAMMEN IVO
- Founder, M-PROJECTS
- Founding capital, €10,000, 10 shares
- Registered office clause, 3500 Hasselt Het Dorlik 16
- Director appointment, SOM BEHEERSMAATSCHAPPIJ (director (not named in the articles))
- Director appointment, VERCAMMEN IVO (director (not named in the articles))
- Director appointment, M-PROJECTS (director (not named in the articles))
- Permanent representative, SOMERS Danny
- Permanent representative, VERCAMMEN Ivo
- Permanent representative, VANLAER Mattias
- Power of attorney, Eric GILISSEN, mentioned twice in the deed
- The deed holds 7 more points.
First establishment Het Dorlik 16, Hasselt
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
INITIO PROJECTS was incorporated on 20 February 2024 as a private limited company by SOM BEHEERSMAATSCHAPPIJ, VERCAMMEN IVO and M-PROJECTS, with a starting capital of €10,000.12 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 1006.199.212
- VAT number
- BE 1006.199.212
- Peppol ID
- 0208:1006199212
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 20-02-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 20:00deed of 22-02-2024 (in Dutch)
- Peppol
- Reachable since 09-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- INITIO PROJECTS in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 22-02-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 22-02-2024 (in Dutch)
Activities
NACEBEL 202568121
Development of residential building projects main activity
Codes under NACEBEL 2008
41101
Real estate development main activity
41102
Construction of residential and non-residential buildings
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Projectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken,voor de bouw of renovatie van appartementsgebouwen en…”deed of 22-02-2024 (in Dutch)
14 activities
- Projectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken,voor de bouw of renovatie van appartementsgebouwen en voor kantoorbouw
- Het stellen van alle onroerende handelingen,zowel in Belgie als in het buitenland,zoals het aankopen en verkopen,het huren en verhuren,het ruilen,het verkavelen en verhandelen,het uitbaten en in waarde brengen,het beheren en toezicht uitoefenen,het opmeten,afpalen,schatten,het aanleggen van bebossingen en beplantingen
- Alle mogelijke verrichtingen die rechtstreeks of onrechtstreeks verband houden met het onderhoud,de renovatie,het herstel,de verfraaiing,de vernieuwing en de modernisering van alle soorten onroerende goederen algemeen genomen,alle verrichtingen die rechtstreeks of onrechtstreeks verband houden met openbare en particuliere bouwwerken
- Het verwerven van alle mogelijke terreinen,de aankoop,de verkoop,de verhuur,de verdeling en de verkaveling van alle mogelijke onroerende goederen
- De aankoop,de verkoop,de huur,de invoer en de uitvoer van alle mogelijke materialen,goederen,toestellen en materieel,noodzakelijk voor de bouw,het onderhoud,het herstel en de vernieuwing van gebouwen
- De voorbereiding,de opstelling en het afsluiten van alle mogelijke overeenkomsten voor openbare of particuliere werken of voor leveringen en het uitvoeren van alle verrichtingen die daarmee verband houden
- Het verschaffen zowel aan individuele personen als aan vennootschappen,van alle prestaties,diensten en adviezen inzake management,het uitvoeren en waarnemen van managementactiviteiten in de ruimste zin van het woord
- Het besturen van vennootschappen welk voorwerp deze vennootschappen ook hebben,het deelnemen in en het directievoeren over ondernemingen en vennootschappen,alsook het uitoefenen van de functie van bestuurder,vereffenaar of analoge functies in vennootschappen en andere rechtspersonen
- Het verstrekken van strategisch en bedrijfsadvies,bijstand in de bedrijfsvoering op communicatief,commercieel,administratief en organisatorisch gebied
- Het uitvoeren van alle studies en onderzoek,het verrichten van marktonderzoek,promotie,prospectie,marketing
- De aan- en verkoop,in- en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in het kort tussenpersoon in de handel
- Het samenstellen en uitgeven van publicaties,geschriften,boeken,websites in zijn meest ruime betekenis
- Het beheer van een roerend en onroerend patrimonium en het valoriseren van dit patrimonium door beheersdaden zoals het huren en verhuren,het afsluiten van overeenkomsten en het verrichten van alle daden in verband met alle onroerende,gebouwde en ongebouwde gemeubelde en niet-gemeubelde goederen
- Het bevorderen van de oprichting van vennootschappen door inbreng in specien of natura,fusies,financiele tussenkomst of op een andere wijze,participatie of investering,en het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en aanverwante immateriele duurzame activa,het uitvoeren of doen uitvoeren in verband met ondernemingen van research op alle technische marketing en productiegebieden,ondernemingstechnieken en dergelijke
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Het Dorlik 16 registered office 3500 Hasselt | 20-02-2024 | 2.357.660.323 |
Buildings and parcels at the address
- Ground area
- 2,407 m²
- Buildings
- 1,027 m²
- Volume, LiDAR
- 5,362 m³
- Tallest building
- 7.4 m
Buildings to scale, each on its own parcel
Environmental permits
4 applications in Flanders since 2024 · 1 granted · 1 refused| 23-06-2026 | Granted | Bouwen of herbouwen submitted 30-01-2026 · project 2025142749 | Begijnendijk |
| 19-06-2025 | Refused | Bouwen of herbouwen submitted 10-02-2025 · project 2025014916 | Provincie Vlaams-Brabant |
| 05-02-2025 | Discontinued | Bouwen of herbouwen submitted 30-10-2024 · project 2024101922 | Begijnendijk |
| 27-06-2024 | Discontinued | Bouwen of herbouwen submitted 29-03-2024 · project 2024014351 | Begijnendijk |
Source: Omgevingsloket Vlaanderen.
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71328D0534/00Z000 | 2,407 m² | 1 · 1,027 m² | 7.4 m · 2 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1006.199.212