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Project Brabo 1

Active
Public limited companyfounded 2009active for 17 yearsKarel Oomsstraat 37, 2018 Antwerpen, BelgiumKBO/BCE: BE 0817.559.352
Summary

Project Brabo 1 has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.6m and a net result of €5.4m. Equity has been stable since 2018 (±0% per year). Its solvency ranks better than 6% of 378 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
Project Brabo 1ActiveChecked score 94/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 04-08-2009 Normal situation
Registered office
52 active companies are registered at this address 4 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Civil engineering NACE 42120
Establishment unit
2.181.955.513 2018 Antwerpen, since 14-08-2009
Financial year end
31 December
Peppol
Reachable since 19-09-2025
Company details

Board and ownership

Board
and 2 others
Auditor
Ernst en Young Bedrijfsrevisoren BV
Shareholders
and 1 other shareholder
Board & ownership

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€18.0m
▲ 4.4%
Profit
€5.4m
▼ 0.4%
Equity
€4.6m
=
Total assets
€161.3m
▼ 2.9%
Financials
Score breakdownraises riskEquity €4.6m (2.9% of total assets)Sector: Civil engineering (NACE 42)lowers riskSize: turnover €18.0m, total assets €161.3mFounded in 2009Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 53% of large companies in civil engineering (NACE 42)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 28=
equity 2.9% of total assets
Liquidity 64-2
short-term debt 7.4% · cash 11.4%
Profitability 59+1
return on assets 3.4%
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 0.3% (34 companies, NACE 42, large)
Last 24 months 12-2024: 0.1%highest value 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 04-2025lowest value 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 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%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €430,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.24 (8.7 in 2024), above the usual 1.5. Short-term debt is 7.4% and cash 11.4% of total assets. However, 97.1% 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 42, large). It does better than 21% of them on solvency, 91% on liquidity, 50% on profitability and 51% on growth.

The bankruptcy probability was computed on 02-11-2026 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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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €18.0m, total assets €161.3m
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 · Equity €4.6m (2.9% of total assets)
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Civil engineering (NACE 42)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 378 sector peers (2025).
NBB · sector comparison
Position among 378 sector peers
Solvency
better than 6%
← weakest strongest →
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 09-04-2026, 113 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
113 days early
2024
115 days early
2023
106 days early
2022
101 days early
2021
82 days early
2020
93 days early
2019
92 days early
← 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 100 days before the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% 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 17 April (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
03-11-2026 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

  • Caution: Lower solvency than 93% of companies in civil engineeringsector median 40.1% · 378 companies 2.9% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €5.4m 8 years View

Recent changes

  1. · Gazette deed Reappointments: Hornyak Karoy (director) and Schoubs Ann (director)
  2. · Gazette deed Permanent representatives: Ronald Van Den Ecker and Ömer Turna
  3. · Gazette deed Amendment of the articles
All 40 events

Companies linked to Project Brabo 1

Comparable companies

These companies have the same main activity as Project Brabo 1: civil engineering (NACE 42120). They are comparable in size and age: total assets between €17m and €58m, founded between 1951 and 1999.

CompanyTotal assetsTurnover
Project Brabo 1 Antwerpen€161.3m€18.0m
VANORMELINGEN - STAS Heist-op-den-Berg€16.6m€19.0m
TAVEIRNE ALGEMENE ONDERNEMINGEN Torhout€25.9m€25.9m
Etablissementen Frateur-De Pourcq Boom€21.1m€26.4m
STRUKTON RAIL Merelbeke-Melle€57.9m€57.3m
Full comparison

Key facts about Project Brabo 1
What is the company number of Project Brabo 1?
The company number of Project Brabo 1 is 0817.559.352. The VAT number is the same number with BE in front: BE 0817.559.352.
Where is Project Brabo 1 based?
The registered office is at Karel Oomsstraat 37, 2018 Antwerpen.Company details
What does Project Brabo 1 do?
According to the KBO register, the main activity is civil engineering (NACE 42120).
What is the legal form of Project Brabo 1?
The legal form of Project Brabo 1 is Public limited company (NV).
When was Project Brabo 1 founded?
Project Brabo 1 was founded on 04-08-2009.
Is Project Brabo 1 still active?
Yes, Project Brabo 1 is an active enterprise in the KBO register.
What is the turnover of Project Brabo 1?
The turnover of Project Brabo 1 was €18.0m in financial year 2025, according to the filed annual accounts.Financials
Is Project Brabo 1 profitable?
In financial year 2025, Project Brabo 1 made a profit of €5.4m.
Where can I find the annual accounts of Project Brabo 1?
Project Brabo 1 filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Project Brabo 1 due?
Project Brabo 1 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.TINC · 32 companies

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