Age11 yrs
Real estate2 parcels · 5,630 m²
Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for V3 PROJECTS according to publications in the Belgian State Gazette. The 2020 annual accounts show negative equity (€-437k) and a net result of €-456k.
Based on the State Gazette, CBE and 3 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
1 events02-03-2022
Bankruptcy
Opening
Signals
Insufficient current data: the most recent filed accounts (financial year 2020) are too old to derive current signals.
Trust signals
2 signalsRegister: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-456k-10.1%
Working capital€-444k-11.5%
Directors2
Annual accounts & ratios
Source: NBB · 2020Annual accounts filed on 31-12-2021 with the NBB · fiscal year 2020 · verkort
Sector comparison
Fiscal year 2020 · NACE 82 · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -88.1% | 37.3% | |
| Net result | €-42k | €6k | |
| Equity | €-437k | €144k | |
| Gross operating margin | €-35k | €60k | |
| Total assets | €496k | €657k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€-35k
+79.7%
far below sector median
€-456k
-10.1%
far below sector median
€-454k
-156.1%
far below sector median
€496k
-37.4%
+251% vs sector
€-437k
-10.6%
far below sector median
€-444k
-11.5%
far below sector median
€933k
-21.5%
far above sector median
€933k
-21.5%
far above sector median
0.52
-21.2%
-61% vs sector
0.33
-35.5%
-72% vs sector
-88.1%
-76.7%
far below sector median
104.3%
-0.4%
far above sector median
-91.8%
-75.9%
far below sector median
Figures by fiscal year
| Fiscal year | 2020 |
|---|---|
| Revenue | - |
| EBITDA | €-35k |
| Net profit | €-456k |
| Cash flow | €-454k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €496k |
| Equity | €-437k |
| Debt | €933k |
| of which ≤ 1y | €933k |
| of which > 1y | - |
| Working capital | €-444k |
| Employees (FTE) | - |
Ratios (computed)
| 2020 | |
|---|---|
| Current ratio | 0.52 |
| Quick ratio | 0.33 |
| Working capital ratio | -89.5% |
| Solvency | -88.1% |
| Debt / equity | - |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -91.8% |
| ROE | 104.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2020
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2020 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €496k |
| Fixed assets | 21/28 | €7k |
| Tangible fixed assets | 22/27 | €2k |
| Financial fixed assets | 28 | €5k |
| Current assets | 29/58 | €489k |
| Stocks & contracts in progress | 3 | €181k |
| Amounts receivable within one year | 40/41 | €308k |
| Cash & bank | 54/58 | €102 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €496k |
| Equity | 10/15 | €-437k |
| Contributions / capital | 10/11 | €19k |
| Accumulated profits (losses) | 14 | €-456k |
| Amounts payable | 17/49 | €933k |
| Amounts payable within one year | 42/48 | €933k |
| Trade debts payable within one year | 44 | €45k |
| Income statement | ||
| Gross operating margin | 9900 | €-35k |
| Operating result | 9901 | €-36k |
| Financial charges | 65 | €6k |
| Result before taxes | 9903 | €-42k |
| Net result for the period | 9904 | €-42k |
| Result to be appropriated | 9905 | €-42k |
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2020 · computed0
/ 100
Critical
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2020 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Directors
Directors & mandates
No directors on record
No directors or mandates are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.
Insolvency mandates
2 mandates| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | MICHAEL WARSON KUNSTLAAN 18 BUS 6,
3500 HASSELT |
03-02-2022 → present | Belgian State Gazette |
| Curator | TOM RENCKENS KUNST-
LAAN 18/6, 3500 HASSELT |
03-02-2022 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Overige zakelijke dienstverlening, neg(82990) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 29-04-2015 |
| Status | Active |
| Postal code | 3550 |
| First BS signal | 02-03-2022 |
| Latest BS signal | 02-03-2022 |
Structure & network
Company structure: linked entities
2 linked entitiesMandates
↔
1
of these mandate-holders are active on other cases, click any red card to open that KBO.
Locations & real estate
Establishment units
1 locationE-Build
since 20172.263.555.871
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area5,630 m²
Buildings2
Building footprint999 m²
Volume (LiDAR)9,217 m³
Tallest building24.8 m · ±6 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71065F0273/00T002 | Flanders | 2,914 m² | 1 · 254 m² | 24.8 m · 6 fl. |
| 71065A0205/00D014 | Flanders | 2,716 m² | 1 · 746 m² | 8.1 m · 2 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
1 event from the State Gazette02-03-2022
Bankruptcy
Opening
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette · acts
No structured acts for this company yet
That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.
Analysis
Snowflake analysis
financial profile on 5 axes27
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
100
Solvency
1
Growth
32
Stability
0
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Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, nearest firstCompany registry
Company registry (CBE)
Crossroads BankActivities
Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990Ontwikkeling van residentiële bouwprojecten41101Ontwikkeling van niet-residentiële bouwprojecten41102Ontwikkeling van residentiële bouwprojecten68121Ontwikkeling van niet-residentiële bouwprojecten68122
Primary activity highlighted.
Names & trade names
| Legal nameNL | V3 PROJECTS |
Registered office
Weigersberg 6
3550 Heusden-Zolder, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.