Result
-€8,407 -€8,407
From profit to loss in 2025, after a profit of €72,681 in 2024.
IK PROJECTS
Lifetime
8 annual accounts with figures on one time axisGross marginpeak €191,826 (2021)
-€6,826▼ €96,386
Resultlowest -€8,407 (2025)
-€8,407▼ €81,088
Equitypeak €125,163 (2024)
€116,757▼ 6.7%
Debts
€43,197▲ 19.7%
Board2 names since 2016
1 directorLAFAUT VASTGOED & ADVIES
Owners2 names in the annual accounts
100%LAFAUT VASTGOED & ADVIES
Documentsfilings and deeds
30-01-20261 days before the deadline
2025abbreviated format
Gross margin from €89,560 to -€6,826Loss of €8,407Registered office moved within Tielt 13-11Debts from €36,085 to €43,197
Key points
from the 2025 annual accountsFilings
8 annual accounts 3 late
The 2021 accounts came latest: 50 days after the end of the period.
Position in the sector
73.0%
Higher solvency than 80% of companies in real estate. Sector median 30.7% · 11,271 companies.
Turnover not published (abbreviated or micro format)
Checked score
94
Excellent
Financially stronger than 56% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,628 companies (NACE 68, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.1%▼ -0.3 percentage points vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025lowest value
08-2025: < 0.1%● unchanged vs 07-2025lowest value
09-2025: < 0.1%● unchanged vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: 0.1%▲ +0.1 percentage points vs 10-2025
12-2025: 0.5%▲ +0.4 percentage points vs 11-2025
01-2026: 0.6%▲ +0.1 percentage points vs 12-2025
02-2026: 1.1%▲ +0.5 percentage points vs 01-2026highest value
03-2026: 0.8%▼ -0.3 percentage points vs 02-2026
04-2026: 0.1%▼ -0.7 percentage points vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
Loss of €8,407 (financial year 2025)
lowers risk
Liquidity: current ratio 3.70, cash €119,674
Sector: Real estate activities (NACE 68)
Calculation
The band follows from the bankruptcy probability. 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 68, micro). It does better than 80% of them on solvency, 91% on liquidity, 23% on profitability and 32% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,440 companies had the same profile as IK PROJECTS has now. Each dot stands for 9 companies, two years later.
90.0%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of IK PROJECTS itself is lower: 0.1% within 12 months. It rests on far more data about IK PROJECTS than the profile alone.
Test of the method
The method was tested on the 497,446 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 3,440 companies, not a prediction for IK 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
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.7 (4.47 in 2024), above the usual 1.5. Short-term debt is 27% and cash 74.8% of total assets. 27% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
1 day early
2024
39 days early
2023
65 days early
2022
on the day
2021
50 days late
2020
26 days late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (4 of the last 5 accounts filed within 51 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end05-11-2026 today31-01-2027 deadline
Board and ownership
- LAFAUT VASTGOED & ADVIES 100%score 95equity €955,303 (2025) · 30-06-2025 annual accounts of LAFAUT VASTGOED & ADVIES
- IMMAGRO 50%score 83equity €484,576 (2025) · 2022 annual accounts of IMMAGRO
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0665958349
Registered office moved within Tielt
New registered office: Kortrijkstraat 72 A, 8700 Tielt · Previous registered office: Vredestraat 12, 8700 Tielt · Permanent representative: Isabel Lafaut · Board meeting of 23-07-2025 · Gazette deed
Registered office moved from Deinze to Tielt
New registered office: Vredestraat 12 8700 Tielt · Previous registered office: Markt 145, 9800 Deinze · Board meeting of 27-10-2023 · Gazette deed
Company renamed from I & D VASTGOED to IK Projects
Registered office moved from Deinze to Tielt · New registered office: Vredestraat 12, 8700 Tielt · Previous registered office: Markt 145, 9800 Deinze · Board meeting of 27-10-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| IK PROJECTS Tielt | €159,954 | -€6,826 | 73.0% | - |
| IMMOBILIA BEL AIR INVESTMENTS Ostend | €156,079 | -€569,118 | -126.5% | 0 |
| Adriaan Wervik | €159,279 | -€948 | 99.6% | - |
| CASiA Projects Menen | €176,514 | -€5,871 | 23.1% | - |
| Vastgoed Deseure Kortemark | €119,338 | -€34,100 | -167.1% | - |
| MBD-PROJECTEN Hamont-Achel | €155,373 | -€170 | 7.2% | - |
| DECON Zonhoven | €152,824 | -€224,878 | -101.5% | 1.6 |
These companies have the same main activity as IK PROJECTS: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €119,000 and €177,000, founded between 2015 and 2017.
Official details
Source: KBO- Status
- Active since 14-11-2016Normal situation
- Activity
- Development of residential building projectsNACE 68121and 5 others
- Establishment unit
- 2.258.544.8328700 Tielt, since 14-11-2016
- Financial year end
- 30 June
- Peppol
- Reachable since 21-11-2025
Annual accounts to 30-06-2025
- Total assets
- €159,954▼ 0.8%
- Filing
- Filed on 30-01-2026, 1 day before the end of the filing period
Insights on IK PROJECTS
IK PROJECTS files the abbreviated format. That format states no turnover. The gross margin fell from €45,400 in 2018 to -€6,826 in 2025.
LAFAUT VASTGOED & ADVIES holds all the shares.
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 IK PROJECTS
- What is the company number of IK PROJECTS?
- The company number of IK PROJECTS is 0665.958.349. The VAT number is the same number with BE in front: BE 0665.958.349.
- Where is IK PROJECTS based?
- The registered office is at Kortrijkstraat 72, 8700 Tielt.Company details
- What does IK PROJECTS do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of IK PROJECTS?
- IK PROJECTS is a private limited company (BV).
- When was IK PROJECTS founded?
- IK PROJECTS was founded on 14-11-2016.
- Is IK PROJECTS still active?
- Yes, IK PROJECTS is an active enterprise in the KBO register.
- What is the turnover of IK PROJECTS?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is IK PROJECTS profitable?
- In financial year 2025, IK PROJECTS made a loss of €8,407.
- Where can I find the annual accounts of IK PROJECTS?
- IK PROJECTS filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IK PROJECTS due?
- IK PROJECTS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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