Equity
-€343,606
Debts exceed assets in financial year 2025.
NPB Project Development
Lifetime
4 annual accounts with figures on one time axispeak -€28,728 (2022)
-€81,557▼ €21,335
lowest -€139,511 (2025)
-€139,511▼ €51,363
peak -€25,437 (2022)
-€343,606▼ €139,511
€1.2m▲ 61.2%
Board1 name since 2022
1 director
Documentsfilings and deeds
23-06-202638 days before the deadline
2025micro format
Gross margin from -€60,221 to -€81,557Loss of €139,511Equity from -€204,096 to -€343,606Debts from €753,536 to €1.2mCash from €46,992 to €12,961
Key points
from the 2025 annual accountsLosses
-€378,606 in four years
Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€1.2m 139% of the balance sheet
Financial debts 96%Suppliers 2%Taxes and wages 0%Other 1%
Of this, €43,139 falls due within a year.
Liquidity
20.14 was 6.30 in 2024
Short-term debts fell from €86,242 to €43,139.
Filings
4 annual accounts since 2022
The last four annual accounts were filed 14 to 44 days before the end of the period.
Position in the sector
-€139,511
Lower net result than 95% of companies in real estate. Sector median €5,854 · 19,790 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 7,637 companies had the same profile as NPB Project Development has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 7,637 companies, not a prediction for NPB Project Development. 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
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Signals
Recent changes
Registered office moved from Knokke-Heist to Beernem
New registered office: Puipaert 8, 8730 Beernem · Previous registered office: Graaf Jansdijk 241, 8300 Knokke-Heist · Board meeting of 24-09-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0788372547
Environmental permit granted
Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen · Lede
Environmental permit granted
Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Sint-Gillis-Waas
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NPB Project Development Beernem | €0.9m | -€81,557 | -39.4% | - |
| CONCEPT-F Ypres | €0.5m | -€2,186 | 26.2% | - |
| Kieldrecht Investments Belgium Antwerp | €0.6m | -€4,898 | -9.2% | - |
| IMMO MBD Bilzen-Hoeselt | €1.3m | -€2,559 | -5.2% | - |
| DC-GROUND Lede | €1.5m | -€9,842 | -5.7% | - |
| ABG INVEST Ans | €0.5m | -€1,147 | 84.6% | - |
| GENTWEG Ghent | €1.0m | -€37,763 | -8.4% | - |
These companies have the same main activity as NPB Project Development: property management for co-owned buildings (syndics) (NACE 68321). They are comparable in size and age: total assets between €527,000 and €1.5m, founded between 2020 and 2024.
Official details
Source: KBO- Status
- Active since 07-07-2022Normal situation
- Activity
- Property management for co-owned buildings (syndics)NACE 68321and 6 others
- Establishment unit
- 2.333.630.3548300 Knokke-Heist, since 07-07-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2025
Annual accounts 2025
- €871,372▲ 58.6%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 23-06-2026, 38 days before the end of the filing period
Insights on NPB Project Development
NPB Project Development files the micro format. That format states no turnover. The gross margin fell from -€28,728 in 2022 to -€81,557 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 NPB Project Development
- What is the company number of NPB Project Development?
- The company number of NPB Project Development is 0788.372.547. The VAT number is the same number with BE in front: BE 0788.372.547.
- Where is NPB Project Development based?
- The registered office is at Puipaert 8, 8730 Beernem.Company details
- What does NPB Project Development do?
- According to the KBO register, the main activity is property management for co-owned buildings (syndics) (NACE 68321).
- What is the legal form of NPB Project Development?
- NPB Project Development is a private limited company (BV).
- When was NPB Project Development founded?
- NPB Project Development was founded on 07-07-2022.
- Is NPB Project Development still active?
- Yes, NPB Project Development is an active enterprise in the KBO register.
- How many employees does NPB Project Development have?
- NPB Project Development had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of NPB Project Development?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
- Is NPB Project Development profitable?
- In financial year 2025, NPB Project Development made a loss of €139,511.
- Where can I find the annual accounts of NPB Project Development?
- NPB Project Development filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NPB Project Development due?
- NPB Project Development must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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