Turnover
≈ €150,000 estimated
The micro format states no turnover.
MWK PROJECTS
Lifetime
20 annual accounts with figures on one time axis, 23 filings since 2003peak €1.1m (2010)
€19,896▲ 50.2%
lowest -€115,134 (2014)
€5,055▲ 527%
peak €525,550 (2025)
€525,550▲ 1.0%
€9,438▲ 19.0%
Board2 names since 2020
1 directorFinnlayprojects
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Gross margin from €13,247 to €19,896Result from €807 to €5,055Debts from €7,928 to €9,438Cash from €31,778 to €45,848
Key points
from the 2025 annual accountsFilings
23 annual accounts since 2003
Four of the last ten came late. The 2018 accounts came latest: 90 days after the end of the period.
At the same address
9 companies
Checked score
96
Excellent
Financially stronger than 68% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very 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).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.2%▼ -0.1 percentage points vs 12-2025
02-2026: 0.3%▲ +0.1 percentage points vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026highest value
08-2026: 0.1%▼ -0.2 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Equity €525,550 (98.2% of total assets)
Figures for financial year 2025 (filed on 30-07-2026)
Founded in 2002
Size: total assets €534,988
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 91% of them on solvency, 72% on liquidity, 59% on profitability and 49% 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 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).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as MWK PROJECTS has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MWK PROJECTS itself: 0.1% within 12 months.
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 14,766 companies, not a prediction for MWK 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 verdict
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 13.09 (11.36 in 2024), above the usual 1.5. Short-term debt is 1.5% and cash 8.6% of total assets. 1.8% 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
6 signals, none raises the risk
Six signals.
lowers riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €525,550
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
13 days early
2023
9 days early
2022
17 days early
2021
9 days late
2020
30 days late
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 4 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were 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. The company usually files around 23 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Merger proposal: to be absorbed by Verbinhvest
Permanent representative: Koenraad Verbergt · Name clause: MWK PROJECTS · Name clause: Verbinhvest · General meeting of 02-09-2024 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0479204249
Change of role: Finnlayprojects, from manager to director
Permanent representative: Koenraad Verbergt · General meeting of 02-09-2024 · Gazette deed
Registered office moved to Antwerp
New registered office: Cadixstraat 50 bus 502, 2000 Antwerpen · Previous registered office: Antwerpen, Slachthuislaan 78 · Permanent representative: Verbergt Koenraad · Gazette deed
Official details
Source: KBO- Status
- Active since 31-12-2002Normal situation
- Registered office
- 10 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- “Het kopen en verkopen, huren en verhuren, bouwen en verbouwen van onroerende goederen, met…” (deed in Dutch)From the articles, 18 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.126.533.9682060 Antwerp, since 26-03-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Annual accounts 2025
- €534,988▲ 1.2%
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on MWK PROJECTS
MWK PROJECTS files the micro format. That format states no turnover. The gross margin fell from €22,185 in 2006 to €19,896 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 MWK PROJECTS
- What is the company number of MWK PROJECTS?
- The company number of MWK PROJECTS is 0479.204.249. The VAT number is the same number with BE in front: BE 0479.204.249.
- Where is MWK PROJECTS based?
- The registered office is at Cadixstraat 50, 2000 Antwerp.Company details
- What is the legal form of MWK PROJECTS?
- MWK PROJECTS is a private limited company (BV).
- When was MWK PROJECTS founded?
- MWK PROJECTS was founded on 31-12-2002.
- Is MWK PROJECTS still active?
- Yes, MWK PROJECTS is an active enterprise in the KBO register.
- What is the turnover of MWK PROJECTS?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €19,896 and 6,297 comparable companies of the same size. It probably lies between €70,000 and €360,000. It is a rough estimate.Financials
- Is MWK PROJECTS profitable?
- In financial year 2025, MWK PROJECTS made a profit of €5,055.
- Where can I find the annual accounts of MWK PROJECTS?
- MWK PROJECTS filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MWK PROJECTS due?
- MWK PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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