BK PROJECTS
ActiveBK PROJECTS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €350k and a net result of €30k. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 40% of 7311 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
79
/ 100
Excellent▲ +6 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▼-41
Solvency76▲+8
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 3.6 against 2.67 in 2024), but 65.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34.5%
Return on assets
3%
Age of the figures
17 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
31 d early
2023
21 d early
2022
33 d early
2021
31 d early
2020
36 d early
2019
34 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close13-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€350k▲ 4.5%
2024 · €335k
2019: €151k
2020: €216k
2021: €195k
2022: €241k
2023: €310k
2024: €335k
2019 → 2025
Total assets
€1.02M▼ 10.5%
2024 · €1.13M
2019: €421k
2020: €379k
2021: €280k
2022: €377k
2023: €568k
2024: €1.13M
2019 → 2025
Net result
€30k▼ 45.7%
2024 · €56k
2019: €30k
2020: €65k
2021: €61k
2022: €68k
2023: €69k
2024: €56k
2019 → 2025
Working capital
€695k▼ 0.5%
2024 · €699k
2019: €194k
2020: €175k
2021: €145k
2022: €193k
2023: €459k
2024: €699k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€195k-€241k▲ 23.9%€310k▲ 28.6%€335k▲ 7.9%€350k▲ 4.5%
Operating result€80k-€85k▲ 7.0%€95k▲ 11.2%€90k▼ 5.1%€57k▼ 37.1%
Net result€61k-€68k▲ 10.7%€69k▲ 2.1%€56k▼ 18.8%€30k▼ 45.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 37% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.02M
Fixed assets
€54k▲ 185%
Current assets
€962k▼ 13.8%
Equity and liabilities €1.02M
Equity
€350k▲ 4.5%
Debt
€666k▼ 16.7%
The debt ratio falls from 70.5% to 65.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€80k▼
2024 · €109k
Cash flow
€54k▼
2024 · €75k
Solvency
34.5%▲
2024 · 29.5%
Current ratio
3.60▲
2024 · 2.67
Quick ratio
1.30▲
2024 · 0.15
Debt / equity
1.90▼
2024 · 2.39
ROE
8.7%▼
2024 · 16.7%
ROA
3.0%▼
2024 · 4.9%
Interest coverage
4.54▼
2024 · 5.45
Debt
€666k▼
2024 · €800k
Debt ≤ 1 year
€267k▼
2024 · €417k
Debt > 1 year
€399k▲
2024 · €383k
Income taxes
€9k▼
2024 · €14k
Staff costs
€2k▼
2024 · €2k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.13M€1.02M▼
Fixed assets21/28€19k€54k▲
Tangible fixed assets22/27€19k€54k▲
Plant, machinery and equipment23€9k€5k▼
Furniture and vehicles24€10k€49k▲
Current assets29/58€1.12M€962k▼
Stocks and contracts in progress3€1.05M€615k▼
Stocks30/36€1.02M€615k▼
Contracts in progress37€35k-
Amounts receivable within one year40/41€25k€102k▲
Trade receivables40€22k€26k▲
Other amounts receivable41€3k€77k▲
Current investments50/53€2k€2k=
Cash at bank and in hand54/58€35k€240k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.13M€1.02M▼
Equity10/15€335k€350k▲
Contributions10/11€19k€19k=
Reserves13€316k€331k▲
Distributable reserves133€316k€331k▲
Profit (loss) carried forward14€525€535▲
Amounts payable17/49€800k€666k▼
Amounts payable after more than one year17€383k€399k▲
Financial debts170/4€383k€399k▲
Amounts payable within one year42/48€417k€267k▼
Current portion of amounts payable after more than one year42€2k€17k▲
Financial debts43€153k-
Credit institutions430/8€153k-
Trade debts44€36k€15k▼
Suppliers440/4€36k€15k▼
Taxes, remuneration and social security45€6k€10k▲
Taxes450/3€6k€10k▲
Other amounts payable47/48€221k€225k▲
Income statement
Code20242025
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€2k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€24k▲
Other operating charges640/8€5k€787▼
Gross operating margin9900€116k€83k▼
Operating profit (loss)9901€90k€57k▼
Financial income75/76B€23€254▲
Recurring financial income75€23€254▲
Financial charges65/66B€20k€18k▼
Recurring financial charges65€20k€18k▼
Profit (loss) for the period before taxes9903€70k€39k▼
Income taxes67/77€14k€9k▼
Profit (loss) for the period9904€56k€30k▼
Profit (loss) for the period to be appropriated9905€56k€30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€57k€31k▼
Profit (loss) brought forward from the previous period14P€447€525▲
Transfer from equity791/2€32k€15k▼
Transfer to equity691/2€56k€30k▼
To other reserves6921€56k€30k▼
Profit to be distributed694/7€32k€15k▼
Return on contributions (dividend)694€32k€15k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Highest result since 2019net €69k ▲2.1%
Net result €69k, the highest in the series.
31-03
Financial
Liquidity triplescurrent ratio 6.74
Current ratio from 2.45 to 6.74; short-term debt falls from €133k to €80k.
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Equity above €200kEq €241k ▲23.9%
4 profitable years in a row build equity to €241k.
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Equity above €200kEq €216k ▲42.5%
2 profitable years in a row build equity to €216k.
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Peer · 1 establishment unit since 2014
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.
Erpekommerweg 603990 PeerGround area
2,133 m²
Building footprint
154 m²
Volume, LiDAR
711 m³
Parcel 72010C0031/00P000, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bk-projects
since 20142.229.878.461
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72010C0031/00P000 | Flanders | 2,133 m² | 1 · 154 m² | 6.5 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.
Similar companies · same sector, comparable size
VOSCO Concept
BE 0501.762.687
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B-RENOVA
BE 0653.988.450
Dilbeek · Eq €350k
InfraConstruct
BE 0664.965.880
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DÉMO PRO
BE 0829.832.822
Schaarbeek · Eq €350k
ALGEMENE BOUWONDERNEMING DESMET BRAM
BE 0808.252.005
Izegem · Eq €350k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 10,397 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-12-2013
Fiscal year end31-03
Activities, NACEBEL
41001General construction of residential buildings
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:brecht@bk-projects.be
Phone:0491 37 52 31