Equity
€97,864 from €252,961 in 2017
Equity fell by 61% in 8 years.
UNBUILT
Lifetime
11 annual accounts with figures on one time axispeak €218,233 (2017)
-€29,103▲ €2,387
lowest -€53,046 (2018)
-€41,994▲ €1,659
peak €252,961 (2017)
€97,864▼ 30.0%
€182,171▲ 12.5%
Board4 names since 2019
1 director
Documentsfilings and deeds
05-08-20265 days late
2025micro format
Loss of €41,994Equity from €139,859 to €97,864
Key points
from the 2025 annual accountsLosses
-€122,039 in three years
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
Position in the sector
-€41,994
Lower net result than 90% of companies in real estate. Sector median €5,854 · 19,790 companies.
2025 accounts filed 5 days after the deadlineTurnover 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, 4,820 companies had the same profile as UNBUILT has now. Each dot stands for 13 companies, two years later.
87.9%
were still trading
10.0%
stopped another way
2.0%
went bankrupt
Another 0.1% 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 4,820 companies, not a prediction for UNBUILT. 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0567898574
Environmental permit granted
Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Gent
Environmental permit granted
Bouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Kortrijk
Company renamed from DMVF to UNBUILT
Appointments: (statutory director); (successor statutory director) and (statutory director) · Resignation: (manager) · “Destudieendeuituitvoeringvanalle mogelijkeparticuliereenopenbarebouwwerken,alsalgemeneaannemerofinonderaannemi…” (deed in Dutch) · General meeting of 10-05-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| UNBUILT Ghent | €280,035 | -€29,103 | 34.9% | - |
| L.O.C.U.S. CONSTRUCT Ghent | €364,152 | -€7,398 | 20.6% | - |
| CLARIS PROJECTS Deinze | €249,531 | -€6,352 | 94.3% | - |
| HARDIES Maarkedal | €280,263 | -€11,871 | 8.5% | - |
| WOOD AND STONE 4EVER Zelzate | €295,163 | -€2,317 | 17.4% | - |
| Lukab Invest Zuienkerke | €293,264 | -€8,231 | 99.6% | - |
| V & V INVEST Hasselt | €295,872 | -€8,444 | -55.7% | - |
These companies have the same main activity as UNBUILT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €250,000 and €364,000, founded between 2013 and 2016.
Official details
Source: KBO- Status
- Active since 18-11-2014Normal situation
- Activity
- Development of residential building projectsNACE 68121and 2 others
- Establishment unit
- 2.237.274.2179000 Ghent, since 18-11-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 17-10-2024
Insights on UNBUILT
UNBUILT files the micro format. That format states no turnover. The gross margin fell from €79,307 in 2015 to -€29,103 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 UNBUILT
- What is the company number of UNBUILT?
- The company number of UNBUILT is 0567.898.574. The VAT number is the same number with BE in front: BE 0567.898.574.
- Where is UNBUILT based?
- The registered office is at Drongensesteenweg 18, 9000 Ghent.Company details
- What does UNBUILT do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of UNBUILT?
- UNBUILT is a private limited company (pre-2019) (BVBA).
- When was UNBUILT founded?
- UNBUILT was founded on 18-11-2014.
- Is UNBUILT still active?
- Yes, UNBUILT is an active enterprise in the KBO register.
- What is the turnover of UNBUILT?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is UNBUILT profitable?
- In financial year 2025, UNBUILT made a loss of €41,994.
- Where can I find the annual accounts of UNBUILT?
- UNBUILT filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of UNBUILT due?
- UNBUILT 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.