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NdB Projects

Active
Private limited companyfounded 20242 yrs activeWindmolenlaan 11, 1933 Zaventem, BelgiumKBO/BCE: BE 1005.140.625
Summary

NdB Projects has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €83k and a net result of €80k. Its solvency ranks better than 19% of 8095 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
Axes
Profitability92
Solvency44
Growth-
Track record67
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.72; short-term debt: 15.2% and cash: 8.1% of total assets), and 81.2% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 8095 sector peers (2024).
NBB · sector comparison
Position among 8095 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
31 d early
← 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

Financials · fiscal year 2024, abbreviated schema

Equity
€83k
Total assets
€440k
Net result
€80k
Working capital
€-19k

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

Balance-sheet composition
Assets €440k
Fixed assets €392k
Current assets €48k
Equity and liabilities €440k
Equity €83k
Debt €357k
Debt finances 81.2% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€113k
Cash flow
€82k
Current ratio
0.72
Debt to equity
4.31
ROE
97.0%
ROA
18.3%
Interest coverage
10.64
Debt ≤ 1 year
€67k
Debt > 1 year
€290k
Income taxes
€20k
Filed annual accounts As filed with the NBB · 2024 · 35 lines
Balance sheet Code2024
Assets
Total assets20/58€440k
Fixed assets21/28€392k
Tangible fixed assets22/27€2k
Land and buildings22€2k
Financial fixed assets28€390k
Current assets29/58€48k
Amounts receivable within one year40/41€13k
Trade receivables40€13k
Cash at bank and in hand54/58€36k
Deferred charges and accrued income490/1€9
Equity and liabilities
Total equity and liabilities10/49€440k
Equity10/15€83k
Contributions10/11€3k
Profit (loss) carried forward14€80k
Amounts payable17/49€357k
Amounts payable after more than one year17€290k
Financial debts170/4€290k
Amounts payable within one year42/48€67k
Current portion of amounts payable after more than one year42€45k
Trade debts44€88
Suppliers440/4€88
Taxes, remuneration and social security45€22k
Taxes450/3€22k
Other amounts payable47/48€200
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k
Other operating charges640/8€437
Gross operating margin9900€113k
Operating profit (loss)9901€111k
Financial charges65/66B€11k
Recurring financial charges65€11k
Profit (loss) for the period before taxes9903€101k
Income taxes67/77€20k
Profit (loss) for the period9904€80k
Profit (loss) for the period to be appropriated9905€80k
Appropriation of the result
Profit (loss) to be appropriated9906€80k

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k
Other operating charges640/8€437
Gross operating margin9900€113k
Operating profit (loss)9901€111k
Financial charges65/66B€11k
Recurring financial charges65€11k
Profit (loss) for the period before taxes9903€101k
Income taxes67/77€20k
Profit (loss) for the period9904€80k
Profit (loss) for the period to be appropriated9905€80k
Line2024
Assets
Total assets20/58€440k
Fixed assets21/28€392k
Tangible fixed assets22/27€2k
Land and buildings22€2k
Financial fixed assets28€390k
Current assets29/58€48k
Amounts receivable within one year40/41€13k
Trade receivables40€13k
Cash at bank and in hand54/58€36k
Deferred charges and accrued income490/1€9
Equity and liabilities
Total equity and liabilities10/49€440k
Equity10/15€83k
Contributions10/11€3k
Profit (loss) carried forward14€80k
Amounts payable17/49€357k
Amounts payable after more than one year17€290k
Financial debts170/4€290k
Amounts payable within one year42/48€67k
Current portion of amounts payable after more than one year42€45k
Trade debts44€88
Suppliers440/4€88
Taxes, remuneration and social security45€22k
Taxes450/3€22k
Other amounts payable47/48€200
Line2024
Profit (loss) for the period9904€80k
+ Depreciation and write-downs630€1k
Operating cash flow (approximation)€82k

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

2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zaventem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
836 m²
Building footprint
110 m²
Volume, LiDAR
756 m³
Parcel 23082B0051/00K008, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
NdB Projects
Windmolenlaan 11, 1933 ZaventemIT consultancy
since 20242.355.741.604
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23082B0051/00K008 Flanders 836 m² 1 · 110 m² 10.9 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 82,632 companies in sector 70200 we hold annual accounts for 52,575. 40,208 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
Founded24-01-2024
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy

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