IFK-PROJECTS
ActiveIFK-PROJECTS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59k and a net result of €-25k. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 37% of 27358 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-77
Solvency65▼-2
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity tight (current ratio 1.43 against 1.53 in 2024), and 64.6% 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35.4%
Return on assets
-14.7%
Age of the figures
11 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
28 d early
2023
15 d early
2022
3 d early
2021
9 d early
2020
16 d early
2019
27 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€59k▼ 29.4%
2024 · €84k
2018: €19k
2019: €40k
2020: €50k
2021: €77k
2022: €75k
2023: €71k
2024: €84k
2018 → 2025
Total assets
€167k▼ 30.0%
2024 · €239k
2018: €49k
2019: €78k
2020: €159k
2021: €235k
2022: €169k
2023: €221k
2024: €239k
2018 → 2025
Net result
€-25k
2024 · €13k
2018: €4k
2019: €20k
2020: €10k
2021: €27k
2022: €-2k
2023: €-4k
2024: €13k
2018 → 2025
Working capital
€46k▼ 40.3%
2024 · €78k
2018: €16k
2019: €38k
2020: €5k
2021: €31k
2022: €43k
2023: €94k
2024: €78k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€77k-€75k▼ 2.9%€71k▼ 5.7%€84k▲ 18.1%€59k▼ 29.4%
Operating result€42k-€5k▼ 88.9%€-381€-2k▼ 524%€-22k▼ 816%
Net result€27k-€-2k€-4k▼ 91.6%€13k€-25k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €22k in 2025 against €2k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €167k
Fixed assets
€13k▼ 6.5%
Current assets
€155k▼ 31.4%
Equity and liabilities €167k
Equity
€59k▼ 29.4%
Debt
€108k▼ 30.3%
The debt ratio falls from 64.9% to 64.6%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-21k▼
2024 · €-1k
Cash flow
€-24k▼
2024 · €14k
Solvency
35.4%▲
2024 · 35.1%
Current ratio
1.43▼
2024 · 1.53
Quick ratio
1.21▲
2024 · 1.12
Debt / equity
1.83▼
2024 · 1.85
ROE
-41.6%▼
2024 · 15.4%
ROA
-14.7%▼
2024 · 5.4%
Interest coverage
-1.76▼
2024 · -0.22
Debt
€108k▼
2024 · €155k
Debt ≤ 1 year
€108k▼
2024 · €147k
Income taxes
€516▼
2024 · €8k
Staff costs
€100k▼
2024 · €101k
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€239k€167k▼
Fixed assets21/28€14k€13k▼
Tangible fixed assets22/27€4k€3k▼
Land and buildings22€416€277▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€575€288▼
Financial fixed assets28€9k€9k=
Current assets29/58€225k€155k▼
Stocks and contracts in progress3€61k€24k▼
Stocks30/36€41k€24k▼
Contracts in progress37€20k-
Amounts receivable within one year40/41€115k€112k▼
Trade receivables40€98k€106k▲
Other amounts receivable41€17k€6k▼
Cash at bank and in hand54/58€50k€18k▼
Equity and liabilities
Total equity and liabilities10/49€239k€167k▼
Equity10/15€84k€59k▼
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€78k€53k▼
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€76k€51k▼
Amounts payable17/49€155k€108k▼
Amounts payable after more than one year17€8k-
Financial debts170/4€8k-
Amounts payable within one year42/48€147k€108k▼
Current portion of amounts payable after more than one year42€10k€8k▼
Financial debts43€40k€50k▲
Credit institutions430/8€40k€50k▲
Trade debts44€58k€30k▼
Suppliers440/4€58k€30k▼
Advances received on contracts in progress46€21k-
Taxes, remuneration and social security45€18k€4k▼
Taxes450/3€9k€685▼
Remuneration and social security454/9€9k€3k▼
Other amounts payable47/48-€16k
Income statement
Code20242025
Remuneration, social security and pensions62€101k€100k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€889€889=
Other operating charges640/8€9k€2k▼
Gross operating margin9900€109k€81k▼
Operating profit (loss)9901€-2k€-22k▼
Financial income75/76B€30k€10k▼
Recurring financial income75€30k€1k▼
Non-recurring financial income76B-€8k
Financial charges65/66B€7k€12k▲
Recurring financial charges65€7k€12k▲
Profit (loss) for the period before taxes9903€21k€-24k▼
Income taxes67/77€8k€516▼
Profit (loss) for the period9904€13k€-25k▼
Profit (loss) for the period to be appropriated9905€13k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€-25k▼
Transfer from equity791/2-€25k
Transfer to equity691/2€13k-
To other reserves6921€13k-
The notes to these accounts (4 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
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-25k ▼291%
Net result drops to €-25k, the lowest in the series.
02-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €13k
Net result €13k after 2 loss-making years.
15-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €27k ▲158%
Operating result €42k, net result €27k, both a record.
14-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
09-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
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, Alken · 1 establishment unit since 2013
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.
Groenmolenstraat 1113 B3570 AlkenGround area
4,892 m²
Building footprint
600 m²
Volume, LiDAR
2,917 m³
2 parcels, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IFK-projects
since 20132.221.364.039
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73302C0079/00D003 | Flanders | 3,430 m² | 1 · 415 m² | 6.3 m · 2 fl. |
| 73302D0480/00H000 | Flanders | 1,462 m² | 1 · 185 m² | 5.2 m · 1 fl. |
Linked by address, not proof of ownership
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 23,613 EUR awarded · 23,613 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 12,040 EUR | 12,040 EUR |
| 2023 | 1 | 2,940 EUR | 2,940 EUR |
| 2022 | 1 | 8,633 EUR | 8,633 EUR |
Schemes
Individueel Maatwerk
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
1 categoryIFK-PROJECTS BV45939
Similar companies · same sector, comparable size
CEMES
BE 0456.300.866
Genk · Eq €59k
ALGEMENE AANNEMINGEN OOST BART
BE 0822.970.467
Kasterlee · Eq €59k
PROFILEX
BE 0777.888.332
Diest · Eq €59k
GEBROEDERS DUCHATEAU
BE 0433.627.315
Tongeren-Borgloon · Eq €59k
ENTREPRISE DE TRAVAUX ALSTEEN FRERES
BE 0452.407.802
Incourt · Eq €59k
Of 19,948 companies in sector 43320 we hold annual accounts for 9,082. 7,477 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-07-2013
Fiscal year end30-09
Activities, NACEBEL
43320Joinery installation
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.