K.E. PROJECTS
ActiveK.E. PROJECTS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.19M and a net result of €129k. Equity is growing by ~27% per year across the filed fiscal years. Its solvency ranks better than 71% of 343 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
93
/ 100
Excellent▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability54▼-46
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 3.55 against 3.6 in 2023), and 31.7% 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○neutral
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 2024Solvency, return and age of the figures
Solvency
68.3%
Return on assets
7.4%
Age of the figures
20 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 80
Relative position
BE, all sectors
reference
Sector 80
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-08-2025, 7 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
7 d late
2023
110 d late
2022
119 d late
2021
115 d late
2020
92 d late
2019
123 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€1.19M▲ 12.2%
2023 · €1.06M
2020: €477k
2021: €593k
2022: €782k
2023: €1.06M
2020 → 2024
Total assets
€1.74M▲ 10.4%
2023 · €1.57M
2020: €571k
2021: €724k
2022: €1.30M
2023: €1.57M
2020 → 2024
Net result
€129k▼ 53.3%
2023 · €275k
2020: €106k
2021: €116k
2022: €189k
2023: €275k
2020 → 2024
Working capital
€1.15M▲ 14.0%
2023 · €1.01M
2020: €418k
2021: €532k
2022: €732k
2023: €1.01M
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€477k-€593k▲ 24.2%€782k▲ 31.9%€1.06M▲ 35.2%€1.19M▲ 12.2%
Operating result€-66k-€108k€249k▲ 131%€375k▲ 50.4%€179k▼ 52.3%
Net result€106k-€116k▲ 8.6%€189k▲ 63.6%€275k▲ 45.3%€129k▼ 53.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 52% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.74M
Fixed assets
€134k▼ 23.6%
Current assets
€1.60M▲ 14.6%
Equity and liabilities €1.74M
Equity
€1.19M▲ 12.2%
Debt
€551k▲ 6.7%
The debt ratio falls from 32.8% to 31.7%: equity grows faster than debt.
Key figures and ratios
EBITDA
€223k▼
2023 · €418k
Cash flow
€173k▼
2023 · €318k
Solvency
68.3%▲
2023 · 67.2%
Current ratio
3.55▼
2023 · 3.60
Quick ratio
3.55▼
2023 · 3.60
Debt / equity
0.46▼
2023 · 0.49
ROE
10.8%▼
2023 · 26.0%
ROA
7.4%▼
2023 · 17.5%
Interest coverage
28.78▼
2023 · 60.94
Debt
€551k▲
2023 · €516k
Debt ≤ 1 year
€451k▲
2023 · €388k
Debt > 1 year
€69k▼
2023 · €104k
Income taxes
€44k▼
2023 · €93k
Staff costs
€951k▼
2023 · €1.01M
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
Total assets
20/58€1.57M€1.74M▲
Fixed assets
21/28€176k€134k▼
Tangible fixed assets
22/27€176k€134k▼
Current assets
29/58€1.40M€1.60M▲
Amounts receivable within one year
40/41€536k€942k▲
Cash & bank
54/58€853k€651k▼
Total equity & liabilities
10/49€1.57M€1.74M▲
Equity
10/15€1.06M€1.19M▲
Contributions / capital
10/11€19k€19k=
Reserves
13€352k€352k=
Accumulated profits (losses)
14€686k€815k▲
Amounts payable
17/49€516k€551k▲
Amounts payable after one year
17€104k€69k▼
Amounts payable within one year
42/48€388k€451k▲
Trade debts payable within one year
44€56k€120k▲
Income statement
Code20232024
Gross operating margin
9900€1.44M€1.19M▼
Operating result
9901€375k€179k▼
Financial income
75€0€2k▲
Financial charges
65€7k€8k▲
Result before taxes
9903€368k€173k▼
Income taxes
67/77€93k€44k▼
Net result for the period
9904€275k€129k▼
Result to be appropriated
9905€275k€129k▼
Timeline · acts, filings and financial milestones
2025
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
03-02
State Gazette act
Registered-office change
2024
18-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 110 days late
2023
31-12
Financial
Highest result since 2020net €275k ▲45.3%
Operating result €375k, net result €275k, both a record.
31-12
Financial
Equity above €1MEq €1.06M ▲35.2%
4 profitable years in a row build equity to €1.06M.
20-12
State Gazette act
Director changes
Pieter BOEYNAEMS
27-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 119 days late
2022
23-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 115 days late
2021
31-12
Financial
Equity above €500kEq €593k ▲24.2%
2 profitable years in a row build equity to €593k.
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 92 days late
2020
01-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 123 days late
2019
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 153 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 61 days late
2017
02-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 63 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 2 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
Sodexo Belgium Security Services SA/NV
BE 0675.916.586
Brussel · Eq €1.19M
R & T SECURITY
BE 0811.115.483
Zwalm · Eq €1.15M
KHISIA
BE 0825.633.910
Geel · Eq €1.14M
Business Brewery
BE 0428.014.676
Leuven · Eq €1.29M
FIBOR
BE 0428.212.735
Antwerpen · Eq €1.37M
Of 690 companies in sector 80010 we hold annual accounts for 329. 151 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-01-2004
Fiscal year end31-12
Activities, NACEBEL
74601
80010Investigation and private security services
80100Investigation and security activities
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 2 actsNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 20-08-2026. Scores and ratios are computed by Checked and are not a credit decision.