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Projectbouw Borgonjon

Active
Private limited companyfounded 2000active for 26 yearsVliegplein 2, 9991 Maldegem, BelgiumKBO/BCE: BE 0472.289.931
Summary

Projectbouw Borgonjon has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €784,225 and a net result of €86,641, of which €54,480 non-recurring income. Equity is shrinking by about 3.5% per year across the filed financial years. Its solvency ranks better than 34% of 2,767 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

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Projectbouw BorgonjonActiveChecked score 82/100
Risk analysis ReportCompare

Overview

Activity
General construction of residential buildings
NACE 41001Other specialised construction activities NACE 43990
5th fastest staff growth in East Flanders, Construction of buildings sector2 sites
Size
€3.2mtotal assets 2025
Staff
13.3 FTE
Equity
€784,225
Profit
€86,641
Turnover not published (abbreviated format)
Financial health
82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
  • P&A ProjectsDirector · permanent representative Peter Borgonjon
  • BVR BVDirector · permanent representative Victor Borgonjon
2025 accounts 56 days early3 of 6 deeds summarised
Why 82raises risk1 change of registered office in 24 monthsSector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 1.30, cash €1.2mFigures for financial year 2025 (filed 05-06-2026)Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 51% of its sector peers (NACE 41, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 50-16
equity 24.6% of total assets
Liquidity 62+31
short-term debt 66.7% · cash 38.1%
Profitability 72+10
return on assets 2.7%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (911 companies, NACE 41, small)
Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.2%● unchanged vs 11-2024lowest value 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.3%▲ +0.1 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.2 percentage points vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026highest value 07-2026: 0.3%▼ -0.2 percentage points vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.3, compared with 1.65 in 2024, below the usual 1.5; short-term debt: 66.7% and cash: 38.1% of total assets), and 75.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 41, small): better than 40% on solvency, 83% on liquidity, 67% on profitability and 15% on growth.

The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 1.30, cash €1.2m
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 05-06-2026)
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
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 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
56 days early
2024
45 days early
2023
43 days early
2022
45 days early
2021
26 days early
2020
50 days early
2019
53 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 45 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% 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 16 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Permanent representative: Borgonjon PeterRegistered-office move
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Appointment: BV BVR (director)Permanent representatives: Victor Borgonjon and…

Key points

  • Positive: 5th fastest staff growth in East Flanders, Construction of buildings sectorin the Checked rankings No. 5 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: €86,641, mostly one-off 8 years View

By topic

Financials

Financial year
2025
Total assets
€3.2m
Profit
€86,641
Solvency
24.6%
Total assets▲ 38.4%
Net result
20182025
Go to Financials

Timeline

Events
32
Since
2001
Next accounts
by 31-07-2027
  1. 16-06-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 18-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
10-07-2000
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
10
Who signs
Each director alone
Annual meeting
First Friday of June at 16:00
Purpose
“De aan- en verkoop van alle bouwmaterialen en houtsoorten,het uitvoeren van algemene…” (deed in Dutch)
Go to Articles of association

Key facts about Projectbouw Borgonjon

What is the company number of Projectbouw Borgonjon?
0472.289.931. In Belgium the VAT number is the company number with BE in front: BE 0472.289.931.
Where is Projectbouw Borgonjon based?
The registered office is at Vliegplein 2, 9991 Maldegem.Company details
What does Projectbouw Borgonjon do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of Projectbouw Borgonjon?
Private limited company (BV).
When was Projectbouw Borgonjon founded?
On 10-07-2000.
Is Projectbouw Borgonjon still active?
Yes, Projectbouw Borgonjon is an active enterprise in the KBO register.
How many employees does Projectbouw Borgonjon have?
On average 13.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Projectbouw Borgonjon?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Projectbouw Borgonjon profitable?
In financial year 2025, Projectbouw Borgonjon made a profit of €86,641.
Where can I find the annual accounts of Projectbouw Borgonjon?
Projectbouw Borgonjon filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Projectbouw Borgonjon due?
By 31-07-2027, for financial year 2026.Timeline

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