Equity
€115,974 ▼ 6.6%
VT PROJECTS paid out €12,000 in dividends. That is 317% of the 2025 profit.
VT PROJECTS
Lifetime
10 annual accounts with figures on one time axispeak €66,782 (2023)
€26,549▼ 59.5%
lowest -€62,831 (2021)
€3,790▼ 87.0%
peak €124,183 (2024)
€115,974▼ 6.6%
€234,665▼ 6.8%
Board1 name since 2021
1 director
Documentsfilings and deeds
04-06-202657 days before the deadline
2025micro format
Gross margin from €65,523 to €26,549Result from €29,130 to €3,790Dividend €12,000
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 10,904 companies had the same profile as VT PROJECTS has now. Each dot stands for 28 companies, two years later.
95.1%
were still trading
4.0%
stopped another way
0.7%
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 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 10,904 companies, not a prediction for VT 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0644991503
Amendment of the articles · Legal-form change · Resignations & appointments
Resignation: (manager) · Reappointment: (director) · holds all the shares · General meeting of 28-11-2023 · Gazette deed
Incorporation
published on 04-01-2016 · Gazette deed
First establishment
MagiClean, Zeebruggelaan 64, Bruges
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VT PROJECTS Bruges | €350,638 | €26,549 | 33.1% | - |
| A.D.N. & Co Forest | €316,429 | €29,632 | 91.0% | - |
| Property Construction Services Dilbeek | €315,362 | €24,532 | 10.0% | - |
| M&F Group Services Dilbeek | €388,472 | €27,464 | 25.9% | - |
| CLEANING & SERVICES SD Kortemark | €280,543 | €38,920 | 38.1% | - |
| OLIMP Jette | €305,214 | €35,764 | 25.9% | - |
| I FAIR Dendermonde | €280,879 | €22,815 | 12.2% | - |
These companies have the same main activity as VT PROJECTS: general cleaning of buildings (NACE 81210). They are comparable in size and age: total assets between €281,000 and €388,000, founded between 2014 and 2017.
Official details
Source: KBO- Status
- Active since 30-12-2015Normal situation
- Activity
- General cleaning of buildingsNACE 81210
- Establishment unit
- 2.249.379.5208380 Bruges, since 30-12-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 26-03-2024
Annual accounts 2025
- €350,638▼ 6.8%
- Filing
- Filed on 04-06-2026, 57 days before the end of the filing period
Insights on VT PROJECTS
VT PROJECTS files the micro format. That format states no turnover. The gross margin fell from €40,132 in 2016 to €26,549 in 2025.
The balance sheet grew most from 2019 to 2021 through fixed assets, financed with long-term debt.
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 VT PROJECTS
- What is the company number of VT PROJECTS?
- The company number of VT PROJECTS is 0644.991.503. The VAT number is the same number with BE in front: BE 0644.991.503.
- Where is VT PROJECTS based?
- The registered office is at Zeebruggelaan 64, 8380 Bruges.Company details
- What does VT PROJECTS do?
- According to the KBO register, the main activity is general cleaning of buildings (NACE 81210).
- What is the legal form of VT PROJECTS?
- VT PROJECTS is a private limited company (BV).
- When was VT PROJECTS founded?
- VT PROJECTS was founded on 30-12-2015.
- Is VT PROJECTS still active?
- Yes, VT PROJECTS is an active enterprise in the KBO register.
- What is the turnover of VT PROJECTS?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €26,549 and 34 comparable companies (NACE 812). It probably lies between €73,000 and €190,000.Financials
- Is VT PROJECTS profitable?
- In financial year 2025, VT PROJECTS made a profit of €3,790.
- Where can I find the annual accounts of VT PROJECTS?
- VT PROJECTS filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VT PROJECTS due?
- VT PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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