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NT Projects

Active
Private limited companyfounded 2024active for 2 yearsMoleneinde 14, 2250 Olen, BelgiumKBO/BCE: BE 1007.365.487
Summary

NT Projects has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€20,892) and a net result of -€25,892. Its solvency ranks better than 10% of 2,716 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Financials · financial year 2025, abbreviated format

Equity
-€20,892
Total assets
€8.4m
Net result
-€25,892
Working capital
€1.3m

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

Key figures and ratios
2025 value
EBITDA
€90,986
Cash flow
-€25,212
Solvency
-0.2%
Current ratio
1.18
Quick ratio
0.16
ROA
-0.3%
Interest coverage
0.77
Debt
€8.4m
Debt ≤ 1 year
€7.1m
Debt > 1 year
€1.3m
Income taxes
€3,646
A ratio outside any meaningful range has been withheld (balance sheet total €8.4m, equity -€20,892).

Peer companies

Historical observation

Of the 473 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95.3% are still going.

  • Medium-sized
  • negative equity
  • a small loss
  • without age
1.5% went bankrupt
2.7% stopped otherwise
95.3% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 473 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€8.4m
Current assets29/58€8.4m
Stocks and contracts in progress3€7.3m
Stocks30/36€7.3m
Amounts receivable within one year40/41€0.9m
Trade receivables40€0.3m
Other amounts receivable41€0.6m
Cash at bank and in hand54/58€0.3m
Equity and liabilities
Total equity and liabilities10/49€8.4m
Equity10/15-€0.02m
Contributions10/11€0.005m
Profit (loss) carried forward14-€0.03m
Amounts payable17/49€8.4m
Amounts payable after more than one year17€1.3m
Financial debts170/4€1.3m
Amounts payable within one year42/48€7.1m
Financial debts43€2.2m
Credit institutions430/8€2.2m
Trade debts44€0.1m
Suppliers440/4€0.1m
Taxes, remuneration and social security45€0.2m
Taxes450/3€0.2m
Other amounts payable47/48€4.6m
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.001m
Other operating charges640/8€220
Gross operating margin9900€0.09m
Operating profit (loss)9901€0.09m
Financial income75/76B€0.006m
Recurring financial income75€0.006m
Financial charges65/66B€0.1m
Recurring financial charges65€0.1m
Profit (loss) for the period before taxes9903-€0.02m
Income taxes67/77€0.004m
Profit (loss) for the period9904-€0.03m
Profit (loss) for the period to be appropriated9905-€0.03m
Appropriation of the result
Profit (loss) to be appropriated9906-€0.03m

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€680
Other operating charges640/8€220
Gross operating margin9900€91,206
Operating profit (loss)9901€90,306
Financial income75/76B€6,259
Recurring financial income75€6,259
Financial charges65/66B€118,813
Recurring financial charges65€118,813
Profit (loss) for the period before taxes9903-€22,247
Income taxes67/77€3,646
Profit (loss) for the period9904-€25,892
Profit (loss) for the period to be appropriated9905-€25,892
Line2025
Assets
Total assets20/58€8.4m
Current assets29/58€8.4m
Stocks and contracts in progress3€7.3m
Stocks30/36€7.3m
Amounts receivable within one year40/41€0.9m
Trade receivables40€0.3m
Other amounts receivable41€0.6m
Cash at bank and in hand54/58€0.3m
Equity and liabilities
Total equity and liabilities10/49€8.4m
Equity10/15-€0.02m
Contributions10/11€0.005m
Profit (loss) carried forward14-€0.03m
Amounts payable17/49€8.4m
Amounts payable after more than one year17€1.3m
Financial debts170/4€1.3m
Amounts payable within one year42/48€7.1m
Financial debts43€2.2m
Credit institutions430/8€2.2m
Trade debts44€0.1m
Suppliers440/4€0.1m
Taxes, remuneration and social security45€0.2m
Taxes450/3€0.2m
Other amounts payable47/48€4.6m
Line2025
Profit (loss) for the period9904-€25,892
+ Depreciation and write-downs630€680
Operating cash flow (approximation)-€25,212

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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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 26-08-2026 2026-00461241

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 2,403 active companies whose main activity is general construction of other non-residential buildings (NACE 41003), figures are known for 1,069. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.