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NMB Projects

Active
Private limited companyfounded 2015active for 11 yearsHogeheerweg 63, 9051 Gent, BelgiumKBO/BCE: BE 0568.961.121
Summary

NMB Projects has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €277,153 and a net result of -€5,005. Equity has been growing by about 6.2% per year since 2018. Its solvency ranks better than 86% of 11,235 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 13-01-2015 Normal situation
Activity
Buying and selling of own real estate NACE 68110and 1 other
Establishment unit
2.238.711.203 9051 Gent, since 13-01-2015
Financial year end
31 December
Peppol
Reachable since 27-03-2026

Board and ownership

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€39,867
▼ 6.3%
Turnover
≈ €98,000
estimated
Loss
€5,005
▲ 35.8%
Equity
€277,153
▼ 1.8%
Total assets
€340,292
▼ 6.3%
Filed on 22-06-2026, 39 days before the deadline
Score breakdownraises riskLoss of €5,005, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 8.23, cash €45,506, halvedEquity €277,153 (81.4% of total assets)Size: total assets €340,292Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 59% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 81.4% of total assets
Liquidity 67-33
short-term debt 9.2% · cash 13.4%
Profitability 33-2
return on assets -1.5%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,625 companies, NACE 68, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.23 (10.49 in 2024), above the usual 1.5. Short-term debt is 9.2% and cash 13.4% of total assets. 18.6% of the assets are financed with debt and provisions.
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, 78% on liquidity, 29% on profitability and 40% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 8.23, cash €45,506, halved
NBB · annual accounts
lowers risk · Equity €277,153 (81.4% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €340,292
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €5,005, the second in a row (financial year 2025)
NBB · annual accounts
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 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
39 days early
2024
15 days early
2023
29 days early
2022
28 days early
2021
24 days early
2020
4 days late
2019
21 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 16 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. The company usually files around 3 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 85% of companies in real estatesector median 30.8% · 11,235 companies 81.4% View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€5,005 View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed Change of role: Flamant Alexandre, from manager to directorAppointment: De Brabandere Sophie (director)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as NMB Projects: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €354,000 and €470,000, founded between 2011 and 2016.

CompanyTotal assetsGross margin
NMB Projects Gent€340,292€39,867
GI-Invest Ingelmunster€354,406€37,151
CHAPEWERKEN KOEN MARIUS Destelbergen€397,774€30,174
GHB Nivelles€425,479€45,606
R&G Zutendaal€372,118€55,383
Pénates Kortrijk€469,949€29,598
IMMO R Bilzen-Hoeselt€459,655€70,071
Full comparison

Key facts about NMB Projects

What is the company number of NMB Projects?
The company number of NMB Projects is 0568.961.121. The VAT number is the same number with BE in front: BE 0568.961.121.
Where is NMB Projects based?
The registered office is at Hogeheerweg 63, 9051 Gent.Company details
What does NMB Projects do?
According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of NMB Projects?
The legal form of NMB Projects is Private limited company (BV).
When was NMB Projects founded?
NMB Projects was founded on 13-01-2015.
Is NMB Projects still active?
Yes, NMB Projects is an active enterprise in the KBO register.
What is the turnover of NMB Projects?
The turnover in financial year 2025 is ≈ €98,000. This figure is estimated from the gross margin of €39,867 and 33 comparable companies (NACE 681). It probably lies between €61,000 and €200,000.Financials
Is NMB Projects profitable?
In financial year 2025, NMB Projects made a loss of €5,005.
Where can I find the annual accounts of NMB Projects?
NMB Projects filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NMB Projects due?
NMB Projects must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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