Liquidity
61.63 was 10.91 in 2024
Short-term debts fell from €72,578 to €11,995.
STEELAND PROJECTS
Lifetime
6 annual accounts with figures on one time axispeak €681,549 (2022)
-€5,498▲ €4,827
lowest -€31,923 (2024)
€9,799▲ €41,722
peak €749,334 (2023)
€727,210▲ 1.4%
€11,995▼ 83.5%
peak 0 FTE (2024)
-not published
Board2 names since 2019
2 directors and 1 other
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Gross margin from -€10,325 to -€5,498Back to profit: €9,799Debts from €72,578 to €11,995Cash from €5,687 to €1,981
Key points
from the 2025 annual accountsFilings
6 annual accounts 6 late
The 2020 accounts came latest: 40 days after the end of the period.
Position in the sector
98.4%
Higher solvency than 95% of companies in real estate. Sector median 31.0% · 19,803 companies.
Turnover not published (abbreviated or micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,637 companies had the same profile as STEELAND PROJECTS has now. Each dot stands for 5 companies, two years later.
95.4%
were still trading
3.7%
stopped another way
0.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,637 companies, not a prediction for STEELAND PROJECTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, since 23-05-2019
Director, since 23-05-2019
- 100,000 sharesdeed of 27-05-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0727448431
First establishment
Karel Ledeganckstraat 2, Bruges
Incorporation
Founding capital of €100,000, 100,000 shares · Founder: · Appointments: (director) and (director) · published on 27-05-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| STEELAND PROJECTS Bruges | €739,204 | -€5,498 | 98.4% | - |
| VERSTRAETE BOUWPROJECTEN Kortrijk | €726,805 | -€95,924 | -8.1% | - |
| HOUSE OF FLANDERS Dentergem | €700,265 | -€11,941 | -9.0% | - |
| TRUELLE Menen | €816,319 | -€2,437 | 3.1% | - |
| PHLOX Kortrijk | €619,599 | -€11,217 | 1.1% | - |
| BLUEBELL PROJECTS Kortrijk | €899,104 | -€3,663 | -3.6% | - |
| GRAND YARD Antwerp | €724,800 | -€702,445 | -806.2% | 0 |
These companies have the same main activity as STEELAND PROJECTS: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €620,000 and €899,000, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 23-05-2019Normal situation
- Activity
- Development of residential building projectsNACE 68121and 1 other
- Establishment unit
- 2.309.208.7248000 Bruges, since 01-07-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 03-07-2025
Insights on STEELAND PROJECTS
STEELAND PROJECTS files the micro format. That format states no turnover. The gross margin rose from -€9,786 in 2020 to -€5,498 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about STEELAND PROJECTS
- What is the company number of STEELAND PROJECTS?
- The company number of STEELAND PROJECTS is 0727.448.431. The VAT number is the same number with BE in front: BE 0727.448.431.
- Where is STEELAND PROJECTS based?
- The registered office is at Karel Ledeganckstraat 2, 8000 Bruges.Company details
- What does STEELAND PROJECTS do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of STEELAND PROJECTS?
- STEELAND PROJECTS is a private limited company (BV).
- When was STEELAND PROJECTS founded?
- STEELAND PROJECTS was founded on 23-05-2019.
- Is STEELAND PROJECTS still active?
- Yes, STEELAND PROJECTS is an active enterprise in the KBO register.
- What is the turnover of STEELAND PROJECTS?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is STEELAND PROJECTS profitable?
- In financial year 2025, STEELAND PROJECTS made a profit of €9,799.
- Where can I find the annual accounts of STEELAND PROJECTS?
- STEELAND PROJECTS filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of STEELAND PROJECTS due?
- STEELAND PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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