K & K Projects
ActiveThe computed 12-month bankruptcy probability of K & K Projects is 2.9% (moderate). The 2024 annual accounts show equity of €6k and a net result of €728. Equity is shrinking by ~59.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 13% of 36376 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▲+17
Solvency33=
Growth32=
Track record94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
8.2%
Return on assets
1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 36376 sector peers (2024).
NBB · sector comparisonPosition among 36376 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-09-2025, 36 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
36 d late
2023
61 d late
2022
30 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€6k▲ 14.3%
2023 · €5k
2022: €13k
2023: €5k
2022 → 2024
Total assets
€71k▲ 15.5%
2023 · €61k
2022: €76k
2023: €61k
2022 → 2024
Net result
€728
2023 · €-8k
2022: €10k
2023: €-8k
2022 → 2024
Working capital
€-8k▲ 47.7%
2023 · €-15k
2022: €-230
2023: €-15k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€13k-€5k▼ 60.1%€6k▲ 14.3%
Operating result€15k-€-6k€4k
Net result€10k-€-8k€728
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €4k after a loss of €6k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €71k
Fixed assets
€35k▼ 27.7%
Current assets
€36k▲ 169%
Equity and liabilities €71k
Equity
€6k▲ 14.3%
Debt
€65k▲ 15.6%
The debt ratio rises from 91.7% to 91.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18k▲
2023 · €8k
Cash flow
€15k▲
2023 · €6k
Solvency
8.2%▼
2023 · 8.3%
Current ratio
0.82▲
2023 · 0.47
Quick ratio
0.82▲
2023 · 0.47
Debt / equity
11.23▲
2023 · 11.10
ROE
12.5%▲
2023 · -150.7%
ROA
1.0%▲
2023 · -12.5%
Interest coverage
28.55▲
2023 · 6.84
Debt
€65k▲
2023 · €56k
Debt ≤ 1 year
€44k▲
2023 · €29k
Debt > 1 year
€21k▼
2023 · €28k
Income taxes
€2k▲
2023 · €675
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
Assets
Total assets20/58€61k€71k▲
Fixed assets21/28€48k€35k▼
Tangible fixed assets22/27€48k€35k▼
Plant, machinery and equipment23€16k€12k▼
Furniture and vehicles24€32k€23k▼
Current assets29/58€13k€36k▲
Amounts receivable within one year40/41€5k€23k▲
Trade receivables40€569€19k▲
Other amounts receivable41€4k€4k▲
Current investments50/53€2k€4k▲
Cash at bank and in hand54/58€2k€5k▲
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€61k€71k▲
Equity10/15€5k€6k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€2k€3k▲
Amounts payable17/49€56k€65k▲
Amounts payable after more than one year17€28k€21k▼
Financial debts170/4€28k€21k▼
Amounts payable within one year42/48€29k€44k▲
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€5k€12k▲
Suppliers440/4€5k€12k▲
Taxes, remuneration and social security45€9k€17k▲
Taxes450/3€6k€7k▲
Remuneration and social security454/9€3k€10k▲
Other amounts payable47/48€7k€9k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€9k€19k▲
Operating profit (loss)9901€-6k€4k▲
Financial income75/76B€8€19▲
Recurring financial income75€8€19▲
Financial charges65/66B€1k€624▼
Recurring financial charges65€1k€624▼
Profit (loss) for the period before taxes9903€-7k€3k▲
Income taxes67/77€675€2k▲
Profit (loss) for the period9904€-8k€728▲
Profit (loss) for the period to be appropriated9905€-8k€728▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€3k▲
Profit (loss) brought forward from the previous period14P€10k€2k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 36 days late
2024
31-12
Financial
Back to profitnet €728
Net result €728 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €-8k ▼179%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ninove · 1 establishment unit since 2022
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.
Okegembaan 1759400 NinoveGround area
820 m²
Building footprint
133 m²
Parcel 41362B0055/00S000, Flanders. Linked by address, not a title deed.
1 establishment unit
K & K Projects
since 20222.327.942.590
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41362B0055/00S000 | Flanders | 820 m² | 1 · 133 m² | - |
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
P.M.T. COLOR
BE 0432.986.818
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FL PARACHEVEMENT
BE 0653.793.757
Pecq · Eq €6k
Vanvoorden Interieur
BE 1004.196.755
Oudsbergen · Eq €6k
BEST FRIENDS FE
BE 0892.490.169
Liedekerke · Eq €6k
Entreprise de Plafonnage DALA
BE 0419.661.491
Florennes · Eq €6k
Of 4,012 companies in sector 43310 we hold annual accounts for 1,745. 809 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-02-2022
Fiscal year end31-12
Activities, NACEBEL
43310Plastering work
43992Specialised construction activities
45112
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95316Washing and cleaning of motor vehicles
46180Agents specialised in the wholesale of other particular products
74300Other professional, scientific and technical activities
74301Translation services
77221Rental and leasing activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:kinga.1995@hotmail.com