Equity
-€481,751
Debts exceed assets in financial year 2025.
Torus Projects
Lifetime
3 annual accounts with figures on one time axis, 4 filings since 2022peak -€30,075 (2025)
-€30,075▲ €16,883
lowest -€185,766 (2022)
-€33,089▲ €14,594
peak -€165,766 (2022)
-€481,751▼ €33,089
€2.1m▲ 141%
Board2 names since 2022
2 directors and 1 other
Documentsfilings and deeds
16-07-202615 days before the deadline
2025abbreviated format
Gross margin from -€46,958 to -€30,075Loss of €33,089Debts from €870,717 to €2.1mCash from €81,482 to €156,895
Key points
from the 2025 annual accountsLosses
-€266,538 in three years
Every financial year from 2022 to 2025 closed with a loss. 2022 was the heaviest.
Debts
€2.1m 130% of the balance sheet
Financial debts 43%Suppliers 21%Other 36%
Of this, €1.2m falls due within a year.
Liquidity
1.35 was 0.64 in 2024
Short-term debts rose from €663,891 to €1.2m.
Filings
4 annual accounts 3 late
The 2023 accounts came latest: 51 days after the end of the period.
Position in the sector
-€481,751
Less equity than 95% of companies in real estate. Sector median €403,849 · 12,427 companies.
Turnover not published (abbreviated format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,250 companies had the same profile as Torus Projects has now. Each dot stands for 4 companies, two years later.
96.6%
were still trading
2.1%
stopped another way
1.0%
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 497,331 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 1,250 companies, not a prediction for Torus 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
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
Director
- 500 sharesdeed of 18-01-2022
- 500 sharesdeed of 18-01-2022
Recent changes
Environmental permit granted
Bouwen of herbouwen, Het reliëf van de bodem aanmerkelijk wijzigen, Hoogstammige bomen vellen die geen deel uitmaken van een bos and 4 more · Maasmechelen
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0780489021
Environmental permit granted
Bouwen of herbouwen, Hoogstammige bomen vellen die geen deel uitmaken van een bos, Slopen van niet vrijstaande gebouwen of constructies · Beringen
Environmental permit granted
Bouwen of herbouwen, Het reliëf van de bodem aanmerkelijk wijzigen, Hoogstammige bomen vellen die geen deel uitmaken van een bos and 4 more · Provincie Limburg
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Torus Projects Tessenderlo-Ham | €1.6m | -€30,075 | -29.7% | - |
| Aimé Innovation Hasselt | €1.9m | -€38,666 | 1.8% | - |
| Gilen Bouwprojecten Sint-Truiden | €1.6m | -€29,464 | -144.0% | 0 |
| RenCo Koksijde Houthulst | €1.6m | -€34,382 | -12.3% | - |
| Frelu Bruges | €1.6m | -€8,195 | -1.0% | - |
| Corto Rico Mechelen | €1.5m | -€2,849 | -2.0% | - |
| TER INVEST Juprelle | €1.5m | -€16,927 | -2.6% | - |
These companies have the same main activity as Torus Projects: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.5m and €1.9m, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 14-01-2022Normal situation
- Activity
- Development of residential building projectsNACE 68121and 4 others
- Financial year end
- 31 December
- Peppol
- Reachable since 14-02-2025
Annual accounts 2025
- €1.6m▲ 284%
- Filing
- Filed on 16-07-2026, 15 days before the end of the filing period
Insights on Torus Projects
Torus Projects files the abbreviated format. That format states no turnover. The gross margin rose from -€185,418 in 2022 to -€30,075 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 Torus Projects
- What is the company number of Torus Projects?
- The company number of Torus Projects is 0780.489.021. The VAT number is the same number with BE in front: BE 0780.489.021.
- Where is Torus Projects based?
- The registered office is at Aubruggestraat 23, 3980 Tessenderlo-Ham.Company details
- What does Torus Projects do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of Torus Projects?
- Torus Projects is a private limited company (BV).
- When was Torus Projects founded?
- Torus Projects was founded on 14-01-2022.
- Is Torus Projects still active?
- Yes, Torus Projects is an active enterprise in the KBO register.
- What is the turnover of Torus Projects?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is Torus Projects profitable?
- In financial year 2025, Torus Projects made a loss of €33,089.
- Where can I find the annual accounts of Torus Projects?
- Torus Projects filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Torus Projects due?
- Torus Projects 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 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 which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.