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NF Projects

Open bankruptcy
Private limited companyfounded 2023KBO/BCE: BE 1003.752.139
Summary

A bankruptcy procedure is open for NF Projects according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €12,996 and a net result of €11,496.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Hasselt division
Declared bankrupt
6 November 2025
Official Gazette
13-11-2025 (pdf) ↗search the document for 2025/146808

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 9521 sector peers (2024).
NBB · sector comparison
Position among 9521 sector peers
Solvency
better than 15%
← weakest strongest →
raises risk · Young company
Founded in 2023, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
2024
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 61 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

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

NF Projects was incorporated on 21 December 2023 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2 On 6 November 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024
  3. 3Belgian State Gazette, 13-11-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
€12,996
Total assets
€539,065
Net result
€11,496
Working capital
€325,421

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

Balance-sheet composition
Assets €539,065
Fixed assets €39,658
Current assets €499,407
Equity and liabilities €539,065
Equity €12,996
Debt €526,069
Debt finances 97.6% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€13,856
Cash flow
€17,894
Current ratio
2.87
Debt to equity
40.48
ROE
88.5%
ROA
2.1%
Interest coverage
32.99
Debt ≤ 1 year
€173,986
Income taxes
€4,776
Staff costs
€1,833
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 38 lines
Balance sheet Code2024
Assets
Total assets20/58€539,065
Fixed assets21/28€39,658
Tangible fixed assets22/27€35,818
Plant, machinery and equipment23€8,197
Furniture and vehicles24€27,621
Financial fixed assets28€3,840
Current assets29/58€499,407
Amounts receivable within one year40/41€466,520
Trade receivables40€164,642
Other amounts receivable41€301,878
Cash at bank and in hand54/58€32,378
Deferred charges and accrued income490/1€509
Equity and liabilities
Total equity and liabilities10/49€539,065
Equity10/15€12,996
Contributions10/11€1,500
Profit (loss) carried forward14€11,496
Amounts payable17/49€526,069
Amounts payable within one year42/48€173,986
Trade debts44€50,750
Suppliers440/4€50,750
Taxes, remuneration and social security45€115,119
Taxes450/3€115,119
Other amounts payable47/48€8,117
Accrued charges and deferred income492/3€352,083
Income statement Code2024
Remuneration, social security and pensions62€1,833
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,398
Other operating charges640/8€3,106
Gross operating margin9900€18,795
Operating profit (loss)9901€7,458
Financial income75/76B€9,234
Recurring financial income75€9,234
Financial charges65/66B€420
Recurring financial charges65€420
Profit (loss) for the period before taxes9903€16,272
Income taxes67/77€4,776
Profit (loss) for the period9904€11,496
Profit (loss) for the period to be appropriated9905€11,496
Appropriation of the result
Profit (loss) to be appropriated9906€11,496

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€1,833
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,398
Other operating charges640/8€3,106
Gross operating margin9900€18,795
Operating profit (loss)9901€7,458
Financial income75/76B€9,234
Recurring financial income75€9,234
Financial charges65/66B€420
Recurring financial charges65€420
Profit (loss) for the period before taxes9903€16,272
Income taxes67/77€4,776
Profit (loss) for the period9904€11,496
Profit (loss) for the period to be appropriated9905€11,496
Line2024
Assets
Total assets20/58€539,065
Fixed assets21/28€39,658
Tangible fixed assets22/27€35,818
Plant, machinery and equipment23€8,197
Furniture and vehicles24€27,621
Financial fixed assets28€3,840
Current assets29/58€499,407
Amounts receivable within one year40/41€466,520
Trade receivables40€164,642
Other amounts receivable41€301,878
Cash at bank and in hand54/58€32,378
Deferred charges and accrued income490/1€509
Equity and liabilities
Total equity and liabilities10/49€539,065
Equity10/15€12,996
Contributions10/11€1,500
Profit (loss) carried forward14€11,496
Amounts payable17/49€526,069
Amounts payable within one year42/48€173,986
Trade debts44€50,750
Suppliers440/4€50,750
Taxes, remuneration and social security45€115,119
Taxes450/3€115,119
Other amounts payable47/48€8,117
Accrued charges and deferred income492/3€352,083
Line2024
Profit (loss) for the period9904€11,496
+ Depreciation and write-downs630€6,398
Operating cash flow (approximation)€17,894

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

Download as CSV

Timeline · acts, filings and financial milestones

2025
13-11
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 06-11-2025
29-10
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 23-10-2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
SignalNBB 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Hasselt · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1.9 ha
Building footprint
6,929 m²
Volume, LiDAR
55,180 m³
2 parcels, Flanders · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NF Projects
Industriepark 36A, 2220 Heist-op-den-BergAgents in non-specialised wholesale trade
since 20232.353.378.663
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12014K0468/00P000 Flanders 1.3 ha 1 · 6,929 m² 9.4 m · 3 fl.
71323C0155/00H002 Flanders 6,122 m² - -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

5 mandates
Role Name Tenure
Curator DIRK VAN COPPENOLLE
GENKERSTEENWEG 302, 3500 HASSELT
06-11-2025 → present
Curator SOFIE REPRIELS
GENKER- STEENWEG 302, 3500 HASSELT
06-11-2025 → present
Curator FREDERICK VAN COPPENOLLE
GENKERSTEENWEG 302, 3500 HASSELT
06-11-2025 → present
Curator CECILE NOELMANS
Moerenstraat 33, 3700 TONGEREN- BORGLOON
23-10-2025 → present
Curator CATHERINE NOEL- MANS
MOERENSTRAAT 33, 3700 TONGEREN-BORGLOON-
23-10-2025 → present

Similar companies · same sector, comparable size

Of 24,515 companies in sector 82990 we hold annual accounts for 9,413. 5,021 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
Founded21-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
63920Other information service activities
70200Business and other management consultancy

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