Management Project Development

Active

Private limited companyfounded 2020active for 6 yearsSchaarbeekstraat(MEL) 40A, 9120 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0748.936.703

Summary

Management Project Development has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,459 and a net result of €71,276. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 51% of 9,368 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Risk analysisFollow Report Compare

Management Project DevelopmentActiveChecked score 66/100

Risk analysis Report Compare

Activity

General construction of residential buildings

NACE 41001

1 site

Size

≈ €380,000turnover 2025, estimated

Equity: €31,459
Profit: €71,276

Turnover estimated from the gross margin

Financial health

66 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.4%

Structure

Olvie HristovaDirector

2025 accounts filed 30 days late4 of 5 deeds summarised

Why 66raises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2020Size: total assets €71,848lowers riskLiquidity: current ratio 1.93, cash €23,328Show the evidence

Checked score

Score 2025

66 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 78% of its sector peers (NACE 41, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 69+69

equity 43.8% of total assets

Liquidity 71+71

short-term debt 41.4% · cash 32.5%

Profitability 100+91

return on assets 99.2%

Bankruptcy probability, 12 months

1.4% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,448 companies, NACE 41, micro)

Last 24 months 11-2024: 6.9% 12-2024: 7.0%▲ +0.1 percentage points vs 11-2024 01-2025: 8.2%▲ +1.2 percentage points vs 12-2024 02-2025: 8.8%▲ +0.6 percentage points vs 01-2025highest value 03-2025: 5.4%▼ -3.4 percentage points vs 02-2025 04-2025: 5.6%▲ +0.2 percentage points vs 03-2025 05-2025: 5.7%▲ +0.1 percentage points vs 04-2025 06-2025: 5.6%▼ -0.1 percentage points vs 05-2025 07-2025: 5.3%▼ -0.3 percentage points vs 06-2025 08-2025: 5.2%▼ -0.1 percentage points vs 07-2025 09-2025: 5.1%▼ -0.1 percentage points vs 08-2025 10-2025: 7.0%▲ +1.9 percentage points vs 09-2025 11-2025: 7.0%● unchanged vs 10-2025 12-2025: 6.9%▼ -0.1 percentage points vs 11-2025 01-2026: 7.3%▲ +0.4 percentage points vs 12-2025 02-2026: 7.7%▲ +0.4 percentage points vs 01-2026 03-2026: 7.6%▼ -0.1 percentage points vs 02-2026 04-2026: 7.9%▲ +0.3 percentage points vs 03-2026 05-2026: 8.5%▲ +0.6 percentage points vs 04-2026 06-2026: 1.7%▼ -6.8 percentage points vs 05-2026 07-2026: 1.7%● unchanged vs 06-2026 08-2026: 1.7%● unchanged vs 07-2026 09-2026: 1.4%▼ -0.3 percentage points vs 08-2026lowest value 10-2026: 1.4%● unchanged vs 09-2026

Credit of up to €2,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.93, compared with 0.43 in 2024, above the usual 1.5; short-term debt: 41.4% and cash: 32.5% of total assets), but 56.2% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 52% on solvency, 75% on liquidity, 91% on profitability and 94% on growth.

The bankruptcy probability was computed on 30-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Sector: Construction of residential and non-residential buildings (NACE 41)

KBO

Liquidity: current ratio 1.93, cash €23,328

NBB · annual accounts

Founded in 2020

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Size: total assets €71,848

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

A punctual record breaks

This company filed 3 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-05-2026, 30 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.

NBB · 5 filings

Deviation from the deadline

2025

30 days late

2024

18 days early

2023

on the day

2022

48 days early

2021

13 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 5 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 1 May (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-09-2026 year end31-10-2026 today30-04-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

30-05-2026 Annual accounts filedfinancial year 2025 · micro…
30-09-2025 Back to profitnet €71,276
30-09-2025 Liquidity more than quadruplescurrent ratio 1.93

Key points

Positive: Back in profit in 2025after -€9,631 in 2024 €71,276 View
Positive: Among the best 8% on net resultsector median €8,525 · 9,358 companies €71,276 View
Flemish supportawarded from 2022 to 2024 €1.0m View

By topic

Financials

Financial year: 2025
Total assets: €71,848
Profit: €71,276
Solvency: 43.8%

Total assets▼ 11.4%

Net result

20212025

Go to Financials

Board & ownership

Board: 1 member

Olvie HristovaDirector

Go to Board & ownership

Timeline

Events: 14
Since: 2022
Next accounts: by 30-04-2027

17-09-2025Permanent representative: Liesbet Desmedt
12-04-2025Annual accounts filed
12-11-2024Resignation: Galya Hristova (director)

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: General construction of residential buildingsNACE 41001
Founded: 24-06-2020
Year ends: 30-09
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 1

Purpose: “Het beheer van onroerende goederen; de aankoop/verkoop - huur/verhuur van onroerende…” (deed in Dutch)

Go to Articles of association

Key facts about Management Project Development

What is the company number of Management Project Development?: 0748.936.703. In Belgium the VAT number is the company number with BE in front: BE 0748.936.703.
Where is Management Project Development based?: The registered office is at Schaarbeekstraat(MEL) 40A, 9120 Beveren-Kruibeke-Zwijndrecht.Company details
What does Management Project Development do?: According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of Management Project Development?: Private limited company (BV).
When was Management Project Development founded?: On 24-06-2020.
Is Management Project Development still active?: Yes, Management Project Development is an active enterprise in the KBO register.
How many employees does Management Project Development have?: On average 38 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of Management Project Development?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Management Project Development profitable?: In financial year 2025, Management Project Development made a profit of €71,276.
Where can I find the annual accounts of Management Project Development?: Management Project Development filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Management Project Development due?: By 30-04-2027, for financial year 2026.Timeline