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V.W. PROJECT

Active
Private limited companyfounded 1988active for 37 yearsHerentalse Steenweg 81, 2270 Herenthout, BelgiumKBO/BCE: BE 0435.674.114
Summary

The computed 12-month bankruptcy probability of V.W. PROJECT is 2.2% (moderate). The annual accounts of V.W. PROJECT for financial year 2025 show a net loss of 60% of total assets. The 2025 annual accounts show equity of €32,862 and a net result of -€30,142. Equity is shrinking by about 11% per year across the filed financial years. Its solvency ranks better than 71% of 34,678 sector peers (NACE 43, financial year 2025). The company has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
V.W. PROJECTActiveChecked score 52/100
Risk analysis ReportCompare

Overview

Activity
Specialised construction activities
NACE 43500
2nd oldest company in Herenthout, Construction sector1 site
Size
€50,155total assets 2025
Equity
€32,862
Loss
-€30,142
Turnover not published (micro format)
Financial health
52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.2%
Structure
2025 accounts 58 days early2 of 5 deeds summarised
Why 52raises riskLoss of €30,142 (financial year 2025)1 change of registered office in 24 monthsSector: Specialised construction activities (NACE 43)Founded in 1988Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 33% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 91-9
equity 65.5% of total assets
Liquidity 53-46
short-term debt 25.3% · cash 10.1%
Profitability 0-55
return on assets -60.1%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,621 companies, NACE 43, micro)
Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.2%● unchanged vs 11-2024lowest value 01-2025: 0.5%▲ +0.3 percentage points vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.6%▲ +0.1 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▼ -0.4 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: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 2.2%▲ +1.9 percentage points vs 06-2026highest value 08-2026: 2.2%● unchanged vs 07-2026highest value 09-2026: 2.2%● unchanged vs 08-2026highest value 10-2026: 2.2%● unchanged vs 09-2026highest value
Credit of up to €1,500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.78, compared with 7.4 in 2024, above the usual 1.5; short-term debt: 25.3% and cash: 10.1% of total assets), and 34.5% 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 71% on solvency, 48% on liquidity, 4% on profitability and 9% on growth.

The bankruptcy probability was computed on 24-10-2026 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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Signals

Five signals.
raises riskneutral
raises risk · Loss of €30,142 (financial year 2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Founded in 1988
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
58 days early
2024
20 days early
2023
30 days early
2022
11 days late
2021
30 days early
2020
40 days early
2019
25 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 20 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 2 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Back to profitnet €14,692

Key points

  • Caution: Among the weakest 5% on net resultsector median €10,244 · 34,665 companies -€30,142 View
  • Active since 1988founded 28-10-1988 37 years View
  • Board2 directors in office 2 View

By topic

Financials

Financial year
2025
Total assets
€50,155
Loss
-€30,142
Solvency
65.5%
Total assets▼ 37.6%
Net result
20182025
Go to Financials

Timeline

Events
42
Since
1990
Next accounts
by 31-07-2027
  1. 17-12-2024Registered office
  2. 01-07-2024Annual accounts filed
  3. 22-02-2024Resignations: VANSTEENKISTE Alex (director) and WOUTERS Katharina…
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Specialised construction activitiesNACE 43500
Founded
28-10-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
22
Annual meeting
First Monday of June at 11:00
Purpose
“De vervaardiging, levering, plaatsing, bouwen en onderhouden van particuliere zwembaden en…” (deed in Dutch)
Go to Articles of association

Key facts about V.W. PROJECT

What is the company number of V.W. PROJECT?
0435.674.114. In Belgium the VAT number is the company number with BE in front: BE 0435.674.114.
Where is V.W. PROJECT based?
The registered office is at Herentalse Steenweg 81, 2270 Herenthout.Company details
What does V.W. PROJECT do?
According to the KBO register, the main activity is specialised construction activities (NACE 43500).
What is the legal form of V.W. PROJECT?
Private limited company (BV).
When was V.W. PROJECT founded?
On 28-10-1988.
Is V.W. PROJECT still active?
Yes, V.W. PROJECT is an active enterprise in the KBO register.
What is the turnover of V.W. PROJECT?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is V.W. PROJECT profitable?
In financial year 2025, V.W. PROJECT made a loss of €30,142.
Where can I find the annual accounts of V.W. PROJECT?
V.W. PROJECT filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of V.W. PROJECT due?
By 31-07-2027, for financial year 2026.Timeline

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