YOUNG BUILDING PROJECTS
ActiveYOUNG BUILDING PROJECTS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €239k and a net result of €48k. Equity is shrinking by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 19% of 7427 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+78
Solvency21▼-5
Growth32=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.88 against 0.9 in 2023), and 80.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 7427 sector peers (2024).
NBB · sector comparisonPosition among 7427 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
31 d late
2022
31 d late
2021
2 d early
2020
11 d early
2019
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€239k▼ 4.9%
2023 · €251k
2018: €300k
2019: €360k
2020: €366k
2021: €286k
2022: €332k
2023: €251k
2018 → 2024
Total assets
€1.23M▲ 4.1%
2023 · €1.18M
2018: €670k
2019: €1.02M
2020: €705k
2021: €1.02M
2022: €829k
2023: €1.18M
2018 → 2024
Net result
€48k▲ 325%
2023 · €11k
2018: €76k
2019: €60k
2020: €7k
2021: €5k
2022: €47k
2023: €11k
2018 → 2024
Working capital
€-116k▼ 23.1%
2023 · €-95k
2018: €-52k
2019: €3k
2020: €11k
2021: €-77k
2022: €-29k
2023: €-95k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€366k-€286k▼ 22.0%€332k▲ 16.3%€251k▼ 24.4%€239k▼ 4.9%
Operating result€24k-€-36k€60k€33k▼ 44.7%€72k▲ 117%
Net result€7k-€5k▼ 29.0%€47k▲ 885%€11k▼ 76.0%€48k▲ 325%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 117% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.23M
Fixed assets
€356k▼ 0.7%
Current assets
€874k▲ 6.2%
Equity and liabilities €1.23M
Equity
€239k▼ 4.9%
Debt
€991k▲ 6.6%
The debt ratio rises from 78.7% to 80.6%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€81k▲
2023 · €43k
Cash flow
€56k▲
2023 · €21k
Solvency
19.4%▼
2023 · 21.3%
Current ratio
0.88▼
2023 · 0.90
Quick ratio
0.88▲
2023 · 0.86
Debt / equity
4.15▲
2023 · 3.70
ROE
19.9%▲
2023 · 4.5%
ROA
3.9%▲
2023 · 0.9%
Interest coverage
11.86▲
2023 · 4.21
Debt
€991k▲
2023 · €930k
Debt ≤ 1 year
€990k▲
2023 · €917k
Income taxes
€23k▲
2023 · €17k
Staff costs
€124k▲
2023 · €122k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.18M€1.23M▲
Fixed assets21/28€359k€356k▼
Tangible fixed assets22/27€22k€20k▼
Plant, machinery and equipment23€21k€19k▼
Furniture and vehicles24€2k€757▼
Financial fixed assets28€336k€336k=
Current assets29/58€822k€874k▲
Amounts receivable after more than one year29€140k€140k=
Other amounts receivable291€140k€140k=
Stocks and contracts in progress3€32k€0▼
Contracts in progress37€32k€0▼
Amounts receivable within one year40/41€561k€688k▲
Trade receivables40€365k€652k▲
Other amounts receivable41€196k€36k▼
Cash at bank and in hand54/58€78k€35k▼
Deferred charges and accrued income490/1€11k€11k▼
Equity and liabilities
Total equity and liabilities10/49€1.18M€1.23M▲
Equity10/15€251k€239k▼
Contributions10/11€6k€6k=
Reserves13€177k€165k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€42k€42k=
Distributable reserves133€135k€122k▼
Profit (loss) carried forward14€68k€68k=
Amounts payable17/49€930k€991k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€917k€990k▲
Current portion of amounts payable after more than one year42€983€0▼
Financial debts43€67k€67k▲
Credit institutions430/8€67k€67k▲
Trade debts44€399k€521k▲
Suppliers440/4€399k€521k▲
Advances received on contracts in progress46€218k€0▼
Taxes, remuneration and social security45€90k€167k▲
Taxes450/3€53k€148k▲
Remuneration and social security454/9€37k€19k▼
Other amounts payable47/48€142k€236k▲
Accrued charges and deferred income492/3€13k€912▼
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€122k€124k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k▼
Other operating charges640/8€11k€8k▼
Gross operating margin9900€176k€213k▲
Operating profit (loss)9901€33k€72k▲
Financial income75/76B€5k€5k▲
Recurring financial income75€5k€5k▲
Financial charges65/66B€10k€7k▼
Recurring financial charges65€10k€7k▼
Profit (loss) for the period before taxes9903€28k€70k▲
Income taxes67/77€17k€23k▲
Profit (loss) for the period9904€11k€48k▲
Profit (loss) for the period to be appropriated9905€11k€48k▲
Appropriation of the result
Profit (loss) to be appropriated9906€79k€116k▲
Profit (loss) brought forward from the previous period14P€68k€68k=
Transfer from equity791/2€92k€60k▼
Transfer to equity691/2€11k€48k▲
To other reserves6921€11k€48k▲
Profit to be distributed694/7€92k€60k▼
Return on contributions (dividend)694€92k€60k▼
Social balance
Average headcount (FTE)90872.72.0▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €5k ▼29%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Vilvoorde · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Houtemsesteenweg 3201800 VilvoordeGround area
3,246 m²
Building footprint
208 m²
Volume, LiDAR
968 m³
Parcel 23066B0272/00C002, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
YOUNG BUILDING PROJECTS
since 20072.162.095.158
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23066B0272/00C002 | Flanders | 3,246 m² | 1 · 208 m² | 7.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 360 EUR awarded · 360 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 360 EUR | 360 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
2 endedSimilar companies · same sector, comparable size
HERMANN R & S
BE 0825.379.631
Sankt Vith · Eq €239k
B. BERISHA REAL ESTATE
BE 0791.196.831
Sint-Truiden · Eq €239k
MAISONS DUVAL
BE 0818.451.356
Couvin · Eq €239k
B&A CONCEPT
BE 0697.853.137
Liège · Eq €239k
GORRENS D
BE 0892.629.929
Rijkevorsel · Eq €239k
Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 11,520 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-02-2007
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
45211
45250
43240Other construction installation
43299Specialised construction activities
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.