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SPECIAL BUILDING PROJECTS

Active
Private limited companyfounded 200323 yrs activeThonissenlaan 7, 3500 Hasselt, BelgiumKBO/BCE: BE 0480.264.816

SPECIAL BUILDING PROJECTS has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.25M and a net result of €453k. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 45% of 9113 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
73 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▲+11
Solvency52▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.29 in 2024; short-term debt: 71.7% and cash: 54.7% of total assets), and 73.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 23 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
26.7%
Return on assets
9.7%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
30 d early
2023
43 d early
2022
31 d early
2021
33 d early
2020
32 d early
2019
31 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€1.25M▲ 56.6%
2024 · €801k
2018: €152k 2019: €471k 2020: €625k 2021: €619k 2022: €665k 2023: €590k 2024: €801k
2018 → 2025
Total assets
€4.69M▲ 21.9%
2024 · €3.85M
2018: €2.66M 2019: €3.67M 2020: €3.01M 2021: €2.25M 2022: €2.08M 2023: €2.26M 2024: €3.85M
2018 → 2025
Net result
€453k▲ 115%
2024 · €211k
2018: €-6k 2019: €319k 2020: €154k 2021: €-6k 2022: €47k 2023: €-76k 2024: €211k
2018 → 2025
Working capital
€976k▲ 13.6%
2024 · €859k
2018: €152k 2019: €474k 2020: €657k 2021: €629k 2022: €705k 2023: €641k 2024: €859k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€619k-€665k▲ 7.6%€590k▼ 11.4%€801k▲ 35.7%€1.25M▲ 56.6%
Operating result€11k-€108k▲ 902%€-30k€365k€838k▲ 129%
Net result€-6k-€47k€-76k€211k€453k▲ 115%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-250k€0€250k€500k€750kOperating result 2021: €11k€11kNet result 2021: €-6k€-6kOperating result 2022: €108k€108kNet result 2022: €47k€47kOperating result 2023: €-30k€-30kNet result 2023: €-76k€-76kOperating result 2024: €365k€365kNet result 2024: €211k€211kOperating result 2025: €838k€838kNet result 2025: €453k€453k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 129% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.69M
Fixed assets €353k
Current assets €4.34M
Equity and liabilities €4.69M
Equity €1.25M▲ 56.6%
Debt €3.44M▲ 12.8%
The debt ratio falls from 79.2% to 73.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Solvency
26.7%
2024 · 20.8%
Current ratio
1.29
2024 · 1.29
Quick ratio
0.96
2024 · 0.41
Debt / equity
2.74
2024 · 3.81
ROE
36.1%
2024 · 26.3%
ROA
9.7%
2024 · 5.5%
Debt
€3.44M
2024 · €3.05M
Debt ≤ 1 year
€3.36M
2024 · €2.99M
Income taxes
€150k
2024 · €48k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€3.85M€4.69M
Fixed assets21/28-€353k
Tangible fixed assets22/27-€353k
Assets under construction and advance payments27-€353k
Current assets29/58€3.85M€4.34M
Stocks and contracts in progress3€2.63M€1.13M
Contracts in progress37€2.63M€1.13M
Amounts receivable within one year40/41€222k€648k
Trade receivables40€41k€456k
Other amounts receivable41€181k€193k
Cash at bank and in hand54/58€997k€2.56M
Deferred charges and accrued income490/1€3k€0
Equity and liabilities
Total equity and liabilities10/49€3.85M€4.69M
Equity10/15€801k€1.25M
Contributions10/11€70k€70k=
Reserves13€112k€323k
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€105k€316k
Distributable reserves133€7k€7k=
Profit (loss) carried forward14€618k€861k
Amounts payable17/49€3.05M€3.44M
Amounts payable within one year42/48€2.99M€3.36M
Financial debts43€1.12M€1.31M
Credit institutions430/8€1.12M€1.31M
Trade debts44€517k€398k
Suppliers440/4€517k€398k
Advances received on contracts in progress46€94k€0
Taxes, remuneration and social security45€124k€137k
Taxes450/3€124k€137k
Other amounts payable47/48€1.14M€1.52M
Accrued charges and deferred income492/3€59k€75k
Income statement Code20242025
Other operating charges640/8€1k€8k
Gross operating margin9900€366k€845k
Operating profit (loss)9901€365k€838k
Financial income75/76B€3k€11k
Recurring financial income75€3k€11k
Financial charges65/66B€110k€245k
Recurring financial charges65€110k€245k
Profit (loss) for the period before taxes9903€259k€603k
Income taxes67/77€48k€150k
Profit (loss) for the period9904€211k€453k
Transfer to tax-exempt reserves689€105k€211k
Profit (loss) for the period to be appropriated9905€106k€243k
Appropriation of the result
Profit (loss) to be appropriated9906€618k€861k
Profit (loss) brought forward from the previous period14P€513k€618k
Social balance
Average headcount (FTE)90870.00.0=

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
29-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial Highest result since 2018net €453k ▲115%
Operating result €838k, net result €453k, both a record.
30-09
Financial Equity above €1MEq €1.25M ▲56.6%
2 profitable years in a row build equity to €1.25M.
31-03
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial Back to profitnet €211k
Net result €211k after one loss-making year.
18-03
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial Weakest financial yearnet €-76k ▼261%
Net result drops to €-76k, the lowest in the series; recovery starts the following year.
30-03
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial Back to profitnet €47k
Net result €47k after one loss-making year.
28-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-03
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial Equity above €500kEq €625k ▲32.7%
2 profitable years in a row build equity to €625k.
30-03
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial Back to profitnet €319k
Net result €319k after one loss-making year.
30-09
Financial Equity above €200kEq €471k ▲210%
Equity rises from €152k to €471k.
29-03
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2003
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Thonissenlaan 73500 Hasselt
Ground area
869 m²
Building footprint
409 m²
Volume, LiDAR
4,730 m³
Parcel 71022H1182/00F000, Flanders · tallest building 15.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SPECIAL BUILDING PROJECTS
Thonissenlaan 7, 3500 HasseltNACE 51130
since 20032.132.578.157
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71022H1182/00F000 Flanders 869 m² 1 · 409 m² 15.3 m · 4 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

984500BF4B0492DE0C39
live in the LEI register

Similar companies · same sector, comparable size

Of 7,321 companies in sector 68110 we hold annual accounts for 5,380. 3,072 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded21-05-2003
Fiscal year end30-09
Activities, NACEBEL
68110Buying and selling of own real estate
70120
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.