K & A Projects
ActiveSummary
The computed 12-month bankruptcy probability of K & A Projects is 3.3% (moderate). The 2024 annual accounts show negative equity (-€56,187) and a net result of -€17,929. Equity is shrinking by ~53.5% per year across the filed fiscal years. Its solvency ranks better than 9% of 9974 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 4 accounts on average 21 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 1,570 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 88% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a small loss
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,570 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17 | €53 | €53 | €53 | = |
| Other operating charges640/8 | €640 | - | - | - | - |
| Gross operating margin9900 | -€24,966 | -€4,771 | -€1,983 | -€2,236 | ▼ 12.8% |
| Operating profit (loss)9901 | -€25,623 | -€4,825 | -€2,036 | -€2,289 | ▼ 12.4% |
| Financial income75/76B | €0 | €0 | - | - | - |
| Recurring financial income75 | €0 | €0 | - | - | - |
| Financial charges65/66B | €1,527 | €4,195 | €15,053 | €15,640 | ▲ 3.9% |
| Recurring financial charges65 | €1,527 | €4,195 | €15,053 | €15,640 | ▲ 3.9% |
| Profit (loss) for the period before taxes9903 | -€27,150 | -€9,020 | -€17,089 | -€17,929 | ▼ 4.9% |
| Profit (loss) for the period9904 | -€27,150 | -€9,020 | -€17,089 | -€17,929 | ▼ 4.9% |
| Profit (loss) for the period to be appropriated9905 | -€27,150 | -€9,020 | -€17,089 | -€17,929 | ▼ 4.9% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €313,416 | €472,216 | €459,316 | €441,387 | ▼ 3.9% |
| Fixed assets21/28 | €248 | €195 | €142 | €89 | ▼ 37.4% |
| Tangible fixed assets22/27 | €248 | €195 | €142 | €89 | ▼ 37.4% |
| Furniture and vehicles24 | €248 | €195 | €142 | €89 | ▼ 37.4% |
| Current assets29/58 | €313,168 | €472,021 | €459,174 | €441,298 | ▼ 3.9% |
| Stocks and contracts in progress3 | €295,405 | €464,817 | €411,817 | €411,817 | = |
| Contracts in progress37 | €295,405 | €464,817 | €411,817 | €411,817 | = |
| Amounts receivable within one year40/41 | €1,550 | €1,130 | €45,292 | €28,474 | ▼ 37.1% |
| Trade receivables40 | - | €1,050 | €45,000 | €28,000 | ▼ 37.8% |
| Other amounts receivable41 | €1,550 | €81 | €292 | €474 | ▲ 62.3% |
| Cash at bank and in hand54/58 | €15,416 | €5,721 | €1,332 | €237 | ▼ 82.2% |
| Deferred charges and accrued income490/1 | €797 | €352 | €732 | €770 | ▲ 5.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €313,416 | €472,216 | €459,316 | €441,387 | ▼ 3.9% |
| Equity10/15 | -€12,150 | -€21,169 | -€38,258 | -€56,187 | ▼ 46.9% |
| Contributions10/11 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Profit (loss) carried forward14 | -€27,150 | -€36,169 | -€53,258 | -€71,187 | ▼ 33.7% |
| Amounts payable17/49 | €325,566 | €493,385 | €497,574 | €497,574 | = |
| Amounts payable within one year42/48 | €325,566 | €493,385 | €497,574 | €497,574 | = |
| Financial debts43 | €200,000 | €373,000 | €373,000 | €373,000 | = |
| Credit institutions430/8 | €200,000 | €373,000 | €373,000 | €373,000 | = |
| Trade debts44 | - | €2,150 | - | - | - |
| Suppliers440/4 | - | €2,150 | - | - | - |
| Taxes, remuneration and social security45 | - | €661 | - | - | - |
| Taxes450/3 | - | €661 | - | - | - |
| Other amounts payable47/48 | €125,566 | €117,574 | €124,574 | €124,574 | = |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€27,150 | -€9,020 | -€17,089 | -€17,929 | ▼ 4.9% |
| + Depreciation and write-downs630 | €17 | €53 | €53 | €53 | = |
| Operating cash flow (approximation) | -€27,132 | -€8,966 | -€17,036 | -€17,876 | ▼ 4.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | -€9,695 | -€4,389 | -€1,095 | ▲ 75.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24122A0181/00L002 | Flanders | 1,829 m² | 1 · 154 m² | 0.7 m |
Linked by address, not proof of ownership
Similar companies · same sector and region
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.