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PROJECTS & CONSTRUCT

Active
Public limited companyfounded 1991active for 35 yearsRue d' Haine(MSA) 45, 7141 Morlanwelz, BelgiumKBO/BCE: BE 0444.506.359
Summary

PROJECTS & CONSTRUCT has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €256,224 and a net result of €65,593. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 35% of 9,844 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Other specialised construction activities
NACE 43990
5th oldest company in Morlanwelz, Construction sector1 site
Size
≈ €3.3mturnover 2025, estimated
Staff
15.1 FTE
Equity
€256,224
Profit
€65,593
Turnover estimated from the gross margin
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
DE BODT Eric · 100%
2025 accounts 43 days early3 of 5 deeds summarised
Why 94raises riskSector: Specialised construction activities (NACE 43)lowers riskSize: total assets €789,485Founded in 1991Liquidity: current ratio 1.40, cash €118,435Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 49% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 57+7
equity 32.5% of total assets
Liquidity 39+20
short-term debt 58.3% · cash 15.0%
Profitability 79+10
return on assets 8.3%
Bankruptcy probability, 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 0.7% (47,658 companies, NACE 43, micro)
Last 24 months 11-2024: 2.6%highest value 12-2024: 2.6%● unchanged vs 11-2024highest value 01-2025: 2.6%● unchanged vs 12-2024 02-2025: 0.7%▼ -1.9 percentage points vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.9%▲ +0.2 percentage points vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 0.6%▼ -0.3 percentage points vs 06-2025 08-2025: 0.3%▼ -0.3 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.5%▲ +0.2 percentage points vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.2%▼ -0.3 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.1%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €24,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.4, compared with 1.3 in 2024, below the usual 1.5; short-term debt: 58.3% and cash: 15% of total assets), and 67.5% 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 43, micro): better than 34% on solvency, 27% on liquidity, 58% on profitability and 77% on growth.

The bankruptcy probability was computed on 28-10-2026 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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Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €789,485
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1991
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.40, cash €118,435
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 18-06-2026, 43 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
43 days early
2024
44 days early
2023
36 days early
2022
31 days late
2021
18 days late
2020
26 days late
2019
19 days late
← 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 4 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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 26 June (4 of the last 5 filed years within 53 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Eric De Bodt (director)Appointments: DUBUCQ Christophe (director) and…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Highest result from 2018 to 2025net €65,593 ▲16.1%

Financials · financial year 2025, abbreviated format

Turnover
≈ €3.3m
Estimated: probably between €2.5m and €4.5m
Total assets
€789,485▲ 4.2%
2024 · €757,964
Net result
€65,593▲ 16.1%
2024 · €56,490
Working capital
€184,964▲ 17.8%
2024 · €157,021
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 21% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€114,575 2025 Net result€65,593 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€30,416-€2,509▼ 91.8%€44,533▲ 18×€5,481▼ 87.7%-€19,835€17,320€94,971▲ 448%€114,575▲ 20.6%
Net result€22,315-€1,235▼ 94.5%€30,584above the sector's middle half▲ 25×€3,366within the sector's middle half▼ 89.0%-€20,055below the sector's middle half€10,238within the sector's middle half€56,490within the sector's middle half▲ 452%€65,593within the sector's middle half▲ 16.1%
Equity€108,773-€110,008▲ 1.1%€140,592above the sector's middle half▲ 27.8%€143,958above the sector's middle half▲ 2.4%€123,903within the sector's middle half▼ 13.9%€134,141above the sector's middle half▲ 8.3%€190,631within the sector's middle half▲ 42.1%€256,224within the sector's middle half▲ 34.4%
Total assets€157,987-€150,289▼ 4.9%€194,458within the sector's middle half▲ 29.4%€174,879within the sector's middle half▼ 10.1%€144,087within the sector's middle half▼ 17.6%€491,422above the sector's middle half▲ 241%€757,964within the sector's middle half▲ 54.2%€789,485within the sector's middle half▲ 4.2%
Debt€49,214-€40,281▼ 18.2%€53,867▲ 33.7%€30,922▼ 42.6%€20,185▼ 34.7%€357,281▲ 18×€567,333▲ 58.8%€533,261▼ 6.0%
Working capital€83,219-€88,154▲ 5.9%€99,225above the sector's middle half▲ 12.6%€123,236above the sector's middle half▲ 24.2%€119,242above the sector's middle half▼ 3.2%€116,095above the sector's middle half▼ 2.6%€157,021within the sector's middle half▲ 35.3%€184,964within the sector's middle half▲ 17.8%
Solvency68.8%-73.2%▲ 4.3pp72.3%above the sector's middle half▼ 0.9pp82.3%above the sector's middle half▲ 10.0pp86.0%above the sector's middle half▲ 3.7pp27.3%within the sector's middle half▼ 58.7pp25.2%within the sector's middle half▼ 2.1pp32.5%within the sector's middle half▲ 7.3pp
Current ratio3.29-3.59▲ 0.302.84within the sector's middle half▼ 0.754.99above the sector's middle half▲ 2.146.91above the sector's middle half▲ 1.921.33within the sector's middle half▼ 5.581.30within the sector's middle half▼ 0.021.40within the sector's middle half▲ 0.10
Return on assets (ROA)14.1%-0.8%▼ 13.3pp15.7%within the sector's middle half▲ 14.9pp1.9%within the sector's middle half▼ 13.8pp-13.9%below the sector's middle half▼ 15.8pp2.1%within the sector's middle half▲ 16.0pp7.5%within the sector's middle half▲ 5.4pp8.3%within the sector's middle half▲ 0.9pp
Staff (FTE)0.7-0.1▼ 85.7%4.310.2above the sector's middle half▲ 137%15.1above the sector's middle half▲ 48.0%
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Why a figure moved sharply
  • 2024 Staff (FTE) +137% on 2023. The accounts now follow the abbreviated format, last year the micro format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €789,485
Fixed assets €143,882 ▲ 74.4%
Current assets €645,603 ▼ 4.4%
Equity and liabilities €789,485
Equity €256,224 ▲ 34.4%
Debt €533,261 ▼ 6.0%
Debt's share of the balance-sheet total falls from 74.8% to 67.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€147,143▲
2024 · €108,478
Cash flow
€98,161▲
2024 · €69,997
Quick ratio
1.37▲
2024 · 1.09
Debt to equity
2.08▼
2024 · 2.98
ROE
25.6%▼
2024 · 29.6%
Interest coverage
6.35▲
2024 · 4.94
Debt ≤ 1 year
€460,639▼
2024 · €518,459
Debt > 1 year
€72,622▲
2024 · €48,874
Income taxes
€25,826▲
2024 · €17,518
Staff costs
€972,746▲
2024 · €591,625
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,136 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95.0% still going

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,445 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% 0.9%
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 20,136 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 against 2024 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€0.8m€0.8m▲
Fixed assets21/28€0.08m€0.1m▲
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€0.08m€0.1m▲
Plant, machinery and equipment23€0.01m€0.03m▲
Furniture and vehicles24€0.07m€0.09m▲
Financial fixed assets28€450€0.02m▲
Current assets29/58€0.7m€0.6m▼
Stocks and contracts in progress3€0.1m€0.02m▼
Stocks30/36€0.1m€0.02m▼
Amounts receivable within one year40/41€0.5m€0.5m▼
Trade receivables40€0.5m€0.5m▼
Other amounts receivable41€0.03m€0.04m▲
Cash at bank and in hand54/58€0.03m€0.1m▲
Equity and liabilities
Total equity and liabilities10/49€0.8m€0.8m▲
Equity10/15€0.2m€0.3m▲
Contributions10/11€0.06m€0.06m=
Capital10€0.06m€0.06m=
Issued capital100€0.06m€0.06m=
Reserves13€0.1m€0.1m=
Non-distributable reserves130/1€0.006m€0.006m=
Legal reserve130€0.006m€0.006m=
Distributable reserves133€0.1m€0.1m=
Profit (loss) carried forward14-€0.07m
Amounts payable17/49€0.6m€0.5m▼
Amounts payable after more than one year17€0.05m€0.07m▲
Financial debts170/4€0.05m€0.07m▲
Amounts payable within one year42/48€0.5m€0.5m▼
Current portion of amounts payable after more than one year42€0.1m€0.1m▲
Trade debts44€0.3m€0.2m▼
Suppliers440/4€0.3m€0.2m▼
Advances received on contracts in progress46-€0.01m
Taxes, remuneration and social security45€0.05m€0.1m▲
Taxes450/3€0.02m€0.05m▲
Remuneration and social security454/9€0.02m€0.07m▲
Other amounts payable47/48€0.002m€0.001m▼
Income statement Code20242025
Remuneration, social security and pensions62€0.6m€1.0m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.01m€0.03m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0.05m
Other operating charges640/8€0.003m€0.003m▼
Gross operating margin9900€0.7m€1.2m▲
Operating profit (loss)9901€0.09m€0.1m▲
Financial income75/76B€0.001m€3▼
Recurring financial income75€0.001m€3▼
Financial charges65/66B€0.02m€0.02m▲
Recurring financial charges65€0.02m€0.02m▲
Profit (loss) for the period before taxes9903€0.07m€0.09m▲
Income taxes67/77€0.02m€0.03m▲
Profit (loss) for the period9904€0.06m€0.07m▲
Profit (loss) for the period to be appropriated9905€0.06m€0.07m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.06m€0.07m▲
Transfer to equity691/2€0.06m-
To the legal reserve6920€0.06m-

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62----€63€0.3m€0.6m€1.0m▲ 64.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.02m€0.01m€0.02m€0.002m€0.005m€0.01m€0.03m▲ 141%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-------€0.05m-
Other operating charges640/8---€0.001m€0.003m€0.002m€0.003m€0.003m▼ 11.4%
Non-recurring operating charges66A---€0.004m-----
Gross operating margin9900€0.1m€0.03m€0.06m€0.03m-€0.02m€0.3m€0.7m€1.2m▲ 66.4%
Operating profit (loss)9901€0.03m€0.003m€0.04m€0.005m-€0.02m€0.02m€0.09m€0.1m▲ 20.6%
Financial income75/76B---€0€107€222€0.001m€3▼ 99.7%
Recurring financial income75€0--€0€107€222€0.001m€3▼ 99.7%
Financial charges65/66B---€0.001m€327€0.007m€0.02m€0.02m▲ 5.5%
Recurring financial charges65€0.001m€0.001m€0.005m€0.001m€327€0.007m€0.02m€0.02m▲ 5.5%
Profit (loss) for the period before taxes9903€0.03m€0.002m€0.04m€0.004m-€0.02m€0.01m€0.07m€0.09m▲ 23.5%
Income taxes67/77€0.007m€0.001m€0.009m€0.001m--€0.02m€0.03m▲ 47.4%
Profit (loss) for the period9904€0.02m€0.001m€0.03m€0.003m-€0.02m€0.01m€0.06m€0.07m▲ 16.1%
Profit (loss) for the period to be appropriated9905€0.02m€0.001m€0.03m€0.003m-€0.02m€0.01m€0.06m€0.07m▲ 16.1%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€157,987€150,289€194,458€174,879€144,087€491,422€757,964€789,485▲ 4.2%
Fixed assets21/28€38,465€28,088€41,367€20,722€4,660€19,920€82,484€143,882▲ 74.4%
Intangible fixed assets21----€0€0€0€0-
Tangible fixed assets22/27€38,015€27,638€40,917€20,272€4,210€19,470€82,034€125,928▲ 53.5%
Land and buildings22---€1,080-----
Plant, machinery and equipment23---€7,591€3,879€10,070€12,414€34,875▲ 181%
Furniture and vehicles24---€11,601€331€9,401€69,619€91,053▲ 30.8%
Financial fixed assets28€450€450€450€450€450€450€450€17,954▲ 40×
Current assets29/58€119,522€122,200€153,091€154,157€139,427€471,502€675,480€645,603▼ 4.4%
Stocks and contracts in progress3€26,550€26,550€26,550€26,550€40,000€187,800€112,784€15,170▼ 86.5%
Stocks30/36---€26,550€40,000€187,800€112,784€15,170▼ 86.5%
Amounts receivable within one year40/41€89,619€90,227€116,124€64,125€78,967€242,570€531,676€511,997▼ 3.7%
Trade receivables40---€61,950€78,967€213,915€500,668€470,688▼ 6.0%
Other amounts receivable41---€2,175-€28,655€31,007€41,309▲ 33.2%
Cash at bank and in hand54/58€3,354€5,423€10,417€63,482€20,460€41,132€31,021€118,435▲ 282%
Equity and liabilities
Total equity and liabilities10/49€157,987€150,289€194,458€174,879€144,087€491,422€757,964€789,485▲ 4.2%
Equity10/15€108,773€110,008€140,592€143,958€123,903€134,141€190,631€256,224▲ 34.4%
Contributions10/11€61,973€61,973€61,973€61,973€61,973€61,973€61,973€61,973=
Capital10---€61,973€61,973€61,973€61,973€61,973=
Issued capital100---€61,973€61,973€61,973€61,973€61,973=
Reserves13€46,800€48,035€78,618€81,984€61,929€72,167€128,658€128,658=
Non-distributable reserves130/1---€6,197€6,197€6,197€6,197€6,197=
Legal reserve130---€6,197€6,197€6,197€6,197€6,197=
Distributable reserves133---€75,787€55,732€65,970€122,460€122,460=
Profit (loss) carried forward14-------€65,593-
Amounts payable17/49€49,214€40,281€53,867€30,922€20,185€357,281€567,333€533,261▼ 6.0%
Amounts payable after more than one year17€12,910€6,234----€48,874€72,622▲ 48.6%
Financial debts170/4------€48,874€72,622▲ 48.6%
Amounts payable within one year42/48€36,304€34,047€53,867€30,922€20,185€355,406€518,459€460,639▼ 11.2%
Current portion of amounts payable after more than one year42------€135,856€145,408▲ 7.0%
Trade debts44€143€264€9,511€2,352€14,491€338,567€334,051€183,961▼ 44.9%
Suppliers440/4---€2,352€14,491€338,567€334,051€183,961▼ 44.9%
Advances received on contracts in progress46-------€14,000-
Taxes, remuneration and social security45---€4,965€3,240€11,457€46,679€115,841▲ 148%
Taxes450/3---€4,965€3,240€57€23,029€46,244▲ 101%
Remuneration and social security454/9-----€11,400€23,650€69,597▲ 194%
Other amounts payable47/48---€23,605€2,454€5,382€1,872€1,429▼ 23.6%
Accrued charges and deferred income492/3-----€1,875---
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€22,315€1,235€30,584€3,366-€20,055€10,238€56,490€65,593▲ 16.1%
+ Depreciation and write-downs630€21,282€15,521€12,828€15,895€1,802€4,772€13,507€32,568▲ 141%
Operating cash flow (approximation)€43,597€16,756€43,412€19,261-€18,253€15,010€69,997€98,161▲ 40.2%
Investment in fixed assets (approximation)--€5,145-€26,107€4,750€14,259-€20,032-€76,071-€93,966▼ 23.5%
Change in cash-€2,069€4,994€53,065-€43,022€20,672-€10,111€87,415-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 35 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 18-06-2026 2026-00170633
31-12-2024 abbreviated format 17-07-2025 2025-00279138
31-12-2024 micro format 17-06-2025 2025-00144405
31-12-2023 micro format 25-06-2024 2024-00168286
31-12-2022 micro format 31-08-2023 2023-00388523
31-12-2021 micro format 18-08-2022 2022-20298626
31-12-2020 micro format 26-08-2021 2021-54900591
31-12-2019 micro format 19-08-2020 2020-42600346
31-12-2018 micro format 30-08-2019 2019-59200426
31-12-2017 micro format 31-08-2018 2018-59800127

Show all 35 filings

Similar companies · same sector, comparable size

Of the 15,130 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,447. 5,579 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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

Directors

Directors
3 directors, last change in 2026
BAUVIGNET Quentin
Director · since 11-01-2023
Current
DUBUCQ Christophe
Director · since 01-09-2026
Current
EVRARD Nicolas
Director · since 01-09-2026
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
2 of this company's 5 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

6 people since 2020, 3 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
BAUVIGNET Quentin
  • Director, from 11-01-2023 to date
DUBUCQ Christophe
  • Director, from 01-09-2026 to date
EVRARD Nicolas
  • Director, from 01-09-2026 to date
DE BODT Eric Roger
  • Director, from before 13-06-2020 to 11-01-2023
  • Director, until 15-09-2026
FOGLIA Samuël
  • Director, from before 13-06-2020 to 11-01-2023
LABBÉ Luc Joseph Emile Edouard Gislain
  • Director, from before 13-06-2020 to 11-01-2023
See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

Chain of control

  1. DE BODT Eric 100%
  2. PROJECTS & CONSTRUCT

Highest known parent: DE BODT Eric. The sources do not say who stands above it.

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Capital over the years
  1. 11-01-2023 Capital stated in the deed · €61,973 · 250 shares

Group and network

Connections & network

3 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 28 June 1991, PROJECTS & CONSTRUCT was incorporated.1 The registered office moved to Arquennes in 2023 and to Morianwelz in 2024.23 Total assets went from €157,987 in 2018 to €789,485 in 2025 and headcount from 0.7 to 15.1 full-time equivalents.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 11-01-2023
  3. 3Belgian Official Gazette, 13-08-2024
  4. 4National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
15-09
Gazette deed Resignation: Eric De Bodt (director)
Appointments: DUBUCQ Christophe (director) and EVRARD Nicolas (director) · Power of attorney6 facts ▸
  • Board meeting, 31-08-2026
  • Director resignation, Eric De Bodt (director)
  • Director appointment, DUBUCQ Christophe (director)
  • Director appointment, EVRARD Nicolas (director)
  • Power of attorney (4 times)
  • Power of attorney, DUBUCQ Christophe
18-06
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
31-12
Financial Highest result from 2018 to 2025net €65,593 ▲16.1%
Operating result €114,575, net result €65,593, both a record.
31-12
Financial Equity above €200,000equity €256,224 ▲34.4%
3 profitable years in a row build equity to €256,224.
17-07
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
17-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Equity above €150,000equity €190,631 ▲42.1%
2 profitable years in a row build equity to €190,631.
13-08
Gazette deed Registered office
Registered-office move2 facts ▸
  • Board meeting, 15-07-2024
  • Registered-office move, Rue d'Haine, 45 à 7141 Morianwelz (Mont-Sainte-Aldegonde)
25-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial Back to profitnet €10,238
Net result €10,238 after one loss-making year.
31-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 31 days late
11-01
Gazette deed Reappointments: LABBÉ Luc Joseph Emile Edouard Gislain, DE BODT Eric Roger and FOGLIA Samuël
Resignations: LABBÉ Luc Joseph Emile Edouard Gislain, DE BODT Eric Roger and FOGLIA Samuël · Appointment: BAUVIGNET Quentin (director) · Transfer restriction21 facts ▸
  • General meeting, 15-12-2022
  • Other provision, “historique des modifications statutaires” (deed in Dutch)
  • Other provision, “unanimité, traduction des statuts en français” (deed in Dutch)
  • Other provision, “unanimité, vote à distance des actionnaires” (deed in Dutch)
  • Transfer restriction, “unanimité, agrément en cas de cession d'actions entre vifs à une personne autre qu'un actionnaire, le conjoint du cédant ou du testateur, aux ascendants ou desc…” (deed in Dutch)
  • Registered-office move, 7181 Arquennes (Seneffe), Rue de Chèvremont, 15
  • Amendment of the articles (2 times)
  • Capital, €61,973
  • Director reappointment, LABBÉ Luc Joseph Emile Edouard Gislain (director)
  • Director reappointment, DE BODT Eric Roger (director) (2 times)
  • Director reappointment, FOGLIA Samuël (director) (2 times)
  • Director resignation, LABBÉ Luc Joseph Emile Edouard Gislain (director)
  • +9 further facts in this act
Show earlier events
2022
31-12
Financial Weakest financial yearnet -€20,055
Net result drops to -€20,055, the lowest in the series; recovery starts the following year.
18-08
NBB filing Annual accounts filed
financial year 2021 · micro format · 18 days late
2021
26-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 26 days late
2020
19-08
NBB filing Annual accounts filed
financial year 2019 · micro format · 19 days late
2019
30-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 30 days late
2018
31-08
NBB filing Annual accounts filed
financial year 2017 · micro format · 31 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 35 annual accounts filed, the latest 10 are here; all 35 are under Financials.
3 of 5 deeds read
About the unread acts

Of the 5 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPublic limited company
Founded28-06-1991
Financial year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0444506359
Registered 20-11-2020

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0444.506.359

Recognitions · licences · registrations

Recognised contractor

13 categories
PROJECTS & CONSTRUCT SAapproval no. #10191
  • D General building contractsclass 2, up to €330,000
  • D1 All shell construction and roofing-in of buildingsclass 2, up to €330,000
decision 14-04-2025 · valid until 13-12-2026
PROJECTS & CONSTRUCT SAapproval no. 42872
  • B1 Clearing watercoursesclass 1, up to €162,000
  • C General road works contractsclass 3, up to €600,000
  • C1 Ordinary sewer worksclass 3, up to €600,000
  • C2 Water supply and laying all kinds of pipesclass 3, up to €600,000
  • C5 Bituminous paving and surface dressingclass 1, up to €162,000
  • C6 Laying power and telecom cables in trenchesclass 1, up to €162,000
  • C7 Horizontal pipe jacking for cables and pipesclass 1, up to €162,000
  • E1 Trunk sewersclass 1, up to €162,000
Show all 11 categories
  • F General steel construction contractsclass 1, up to €162,000
  • F2 Steel load-bearing structuresclass 1, up to €162,000
  • G General earthworks contractsclass 1, up to €162,000
decision 14-04-2025

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Morlanwelz · 1 establishment unit since 1991
registered office establishment The establishment unit on the map
Ground area
1.0 ha
Building footprint
369 m²
Building volume
2,252 m³
Parcel 56422B0040/00Z000, Wallonia · tallest building 7.8 m. Linked by address, not a title deed.
1 establishment unit
PROJECTS & CONSTRUCT
Rue d' Haine(MSA) 45, 7141 MorlanwelzOther specialised construction activities
since 1991unit no. 2.053.470.303
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
56422B0040/00Z000 Wallonia 1.0 ha 1 · 369 m² 7.8 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“La fabrication, le soudage ainsi que toutes autres activités en lien avec les matières plastiques/synthétiques; L'importation et…” (deed in Dutch)
22 activities (deed in Dutch)
  1. La fabrication, le soudage ainsi que toutes autres activités en lien avec les matières plastiques/synthétiques.
  2. L'importation et l'exportation de ces matières.
  3. L'entreprise de construction, au sens le plus large du terme, de travaux privés et publics, à la fois de nouveaux bâtiments, de rénovation, de garniture, de décoration, de réparation.
  4. Le montage de constructions métalliques et de cadres de tuyaux.
  5. La coordination des travaux, étant entendu que ces activités sont réalisées par des sous-traitants mais la coordination des travaux est réalisée par l'entreprise elle-même;
  6. Toutes entreprises générales de construction;
  7. Les entreprises de construction de maisons de commerce, à l'exception des activités réglementées.
  8. La fabrication et la garniture de meubles non métalliques;
  9. Le montage de cloisons mobiles et de faux plafonds;
  10. Le montage de meubles de cuisine et de salle de bains;
  11. Le montage de cuisines;
  12. Le placement d'isolation thermique et acoustique;
  13. L'adoption de compteurs et d'ouvrages en béton, entreprise de construction de bâtiments;
  14. Le montage et le soudage des revêtements plastiques;
  15. La fabrication et l'installation et/ou le soudage de matières en plastique, de composants et d'armatures;
  16. Installation de systèmes de drainage,
  17. Le commerce de gros, l'importation et l'exportation de matières plastiques, de matériaux et de produits de drainage et de construction,
  18. Bureau de dessin et de conseil;
  19. L'importation, l'exportation, et le commerce de gros de structures métalliques.
  20. L'aménagement et l'exploitation d'entreprises Horeca, avec tout ce qui y a trait: maison d'alimentation, restauration, salon de consommation, débit de boisson, ce qui comprend en même temps la vente des gaufres, crêpes, crème glacée, glace de consommation, pains fourrés ainsi que la vente de snacks, plats préparés, alimentation dans son étendue la plus large, la participation à des événements commerciaux et autres festivités qui ont trait à la vente d'aliments, boissons et matériel d'aménagement et l'exportation de services traiteur, ensemble avec la livraison de boissons y adaptées.
  21. L'importation et l'exportation de commerces en gros et au détail de matières alimentaires vins et boissons.
  22. La reprise de restaurants, de fournitures ménagères, outils sanitaires, travail du fer et de matières métalliques, appareils électriques, marchandises coloniales, marchandises d'alimentation (à l'exception des produits soumis à une autorisation préalable), produits d'entretien et matériaux de construction.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
PROJECTS & CONSTRUCT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région Wallonne, Article 2. Siège” (deed in Dutch)

deed of 11-01-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Conseil d'administration, 6 ans” (deed in Dutch)

deed of 11-01-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, actions” (deed in Dutch)
“Nominatifs avec numéro d'ordre, titres autres que actions” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Huitaine de l'expiration du délai au cédant, mêmes formalités si non actionnaires de plein droit” (deed in Dutch)

deed of 11-01-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Friday of June at 14:00

deed of 11-01-2023

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Désignation liquidateurs, organe administration en fonction comme collège liquidateurs” (deed in Dutch)
“Pouvoirs liquidateurs, toutes opérations prévues par loi” (deed in Dutch)

deed of 11-01-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Augmentation et réduction du capital, Article 6. Augmentation et réduction du capital” (deed in Dutch)
Other provision: “Actions, obligations convertibles ou droits à souscrire en espèces offerts par préférence aux actionnaires proportionnellement à la partie…” (deed in Dutch)
Other provision: “Appels de fonds, lettre recommandée avec compte bancaire” (deed in Dutch)
Other provision: “Indivisibilité des actions” (deed in Dutch)
Other provision: “Lieu indiqué ou siège, convocation du conseil” (deed in Dutch)
Other provision: “Mandat à un collègue pour réunion déterminée par écrit ou support matériel, mandant réputé présent, délibérations du conseil” (deed in Dutch)
Other provision: “Procès-verbaux du conseil, président ou au moins deux administrateurs” (deed in Dutch)
Other provision: “Tous actes nécessaires ou utiles à réalisation objet, pouvoirs du conseil d'administration” (deed in Dutch)
Other provision: “Administrateur-délégué, gestion journalière” (deed in Dutch)
Other provision: “Situation financière,comptes annuels,régularité opérations, contrôle société” (deed in Dutch)
Other provision: “Admission assemblée générale, remplir conditions” (deed in Dutch)
Other provision: “Tout propriétaire titres par mandataire, représentation à assemblée générale” (deed in Dutch)
Other provision: “Tout actionnaire, vote par correspondance” (deed in Dutch)
Other provision: “Liste présences, avant entrer en séance” (deed in Dutch)
Other provision: “Composition bureau assemblée générale, actionnaire désigné par assemblée générale” (deed in Dutch)
Other provision: “Pas délibération points hors ordre du jour, délibération assemblée générale” (deed in Dutch)
Other provision: “Assemblée générale par procédure écrite, toutes décisions pouvoir assemblée générale” (deed in Dutch)
Other provision: “Assemblée générale électronique, membres bureau ne peuvent assister voie électronique” (deed in Dutch)
Other provision: “Vote à distance avant assemblée générale, actionnaires” (deed in Dutch)
Other provision: “Par voie électronique à adresse indiquée convocation dès communication convocation, questions écrites par voie électronique avant assemblée” (deed in Dutch)
Other provision: “Droit de vote, dispositions légales actions sans droit vote” (deed in Dutch)
Other provision: “Procès-verbaux assemblée générale, registre spécial tenu au siège” (deed in Dutch)
Other provision: “Assemblée annuelle majorité voix sur proposition conseil administration, affectation bénéfices” (deed in Dutch)
Other provision: “Paiement dividendes et acomptes, conseil administration autorisé sous propre responsabilité conformément dispositions légales” (deed in Dutch)
Liquidation distribution: “Mode liquidation, paiement dettes,charges,frais ou consignation” (deed in Dutch)
Other provision: “Application Code sociétés et associations, réputées inscrites statuts” (deed in Dutch)
5 more provisions in the deed, see the deed of 11-01-2023

deed of 11-01-2023