K&O Projects
ActiveK&O Projects has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €155k and a net result of €55k. Equity is growing by ~20.5% per year across the filed fiscal years. Its solvency ranks better than 69% of 827 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▲+19
Solvency76▲+14
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 2.21 against 1.66 in 2024; short-term debt: 34.7% and cash: 43.9% of total assets), and 48.8% 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+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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.2%
Return on assets
18.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
18 d late
2023
23 d late
2022
25 d early
2021
12 d early
2020
25 d early
2019
18 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€55k▲ 496%
2024 · €9k
2018: €12k
2019: €6k
2020: €60k
2021: €-25k
2022: €22k
2023: €21k
2024: €9k
2018 → 2025
Working capital
€127k▲ 26.7%
2024 · €101k
2018: €450k
2019: €288k
2020: €344k
2021: €58k
2022: €64k
2023: €93k
2024: €101k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€76k-€97k▲ 27.6%€117k▲ 20.7%€126k▲ 7.1%€155k▲ 23.2%
Operating result€-20k-€28k€32k▲ 12.8%€15k▼ 54.5%€65k▲ 349%
Net result€-25k-€22k€21k▼ 3.8%€9k▼ 56.3%€55k▲ 496%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 349% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €303k
Fixed assets
€70k▼ 17.5%
Current assets
€233k▼ 8.2%
Equity and liabilities €303k
Equity
€155k▲ 23.2%
Debt
€148k▼ 30.4%
The debt ratio falls from 62.8% to 48.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€82k▲
2024 · €31k
Cash flow
€71k▲
2024 · €25k
Solvency
51.2%▲
2024 · 37.2%
Current ratio
2.21▲
2024 · 1.66
Quick ratio
1.98▲
2024 · 1.17
Debt / equity
0.95▼
2024 · 1.69
ROE
35.3%▲
2024 · 7.3%
ROA
18.1%▲
2024 · 2.7%
Interest coverage
55.06▲
2024 · 16.72
Debt
€148k▼
2024 · €213k
Debt ≤ 1 year
€105k▼
2024 · €153k
Debt > 1 year
€43k▼
2024 · €60k
Income taxes
€10k▲
2024 · €5k
Staff costs
€190k▲
2024 · €183k
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€338k€303k▼
Fixed assets21/28€85k€70k▼
Tangible fixed assets22/27€85k€70k▼
Plant, machinery and equipment23€85k€70k▼
Current assets29/58€253k€233k▼
Stocks and contracts in progress3€74k€24k▼
Stocks30/36€47k€24k▼
Contracts in progress37€27k-
Amounts receivable within one year40/41€57k€74k▲
Trade receivables40€20k€64k▲
Other amounts receivable41€37k€10k▼
Cash at bank and in hand54/58€120k€133k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€338k€303k▼
Equity10/15€126k€155k▲
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€80k€109k▲
Non-distributable reserves130/1€2k€573▼
Legal reserve130€2k€573▼
Distributable reserves133€78k€109k▲
Profit (loss) carried forward14€40k€40k=
Amounts payable17/49€213k€148k▼
Amounts payable after more than one year17€60k€43k▼
Financial debts170/4€60k€43k▼
Amounts payable within one year42/48€153k€105k▼
Current portion of amounts payable after more than one year42€17k€17k▲
Trade debts44€122k€85k▼
Suppliers440/4€122k€85k▼
Taxes, remuneration and social security45€11k€816▼
Taxes450/3€6k€570▼
Remuneration and social security454/9€5k€246▼
Other amounts payable47/48€3k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€183k€190k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k▲
Other operating charges640/8€5k€3k▼
Gross operating margin9900€218k€275k▲
Operating profit (loss)9901€15k€65k▲
Financial income75/76B€1k€608▼
Recurring financial income75€1k€608▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€14k€65k▲
Income taxes67/77€5k€10k▲
Profit (loss) for the period9904€9k€55k▲
Profit (loss) for the period to be appropriated9905€9k€55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€49k€94k▲
Profit (loss) brought forward from the previous period14P€40k€40k=
Transfer to equity691/2€8k€54k▲
To other reserves6921€8k€54k▲
Profit to be distributed694/7€800€800=
Return on contributions (dividend)694€800€800=
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
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €150kEq €155k ▲23.2%
4 profitable years in a row build equity to €155k.
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 18 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
31-12
Financial
Equity above €100kEq €117k ▲20.7%
2 profitable years in a row build equity to €117k.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-25k ▼142%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €60k ▲905%
Operating result €84k, net result €60k, both a record.
31-12
Financial
Equity above €100kEq €101k ▲113%
3 profitable years in a row build equity to €101k.
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Bonheiden · 1 establishment unit since 2016
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.
Heiken 412820 BonheidenGround area
550 m²
Building footprint
138 m²
Volume, LiDAR
679 m³
Parcel 12005A0384/00F000, Flanders · tallest building 9.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
K&O PROJECTS
since 20162.252.092.946
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12005A0384/00F000 | Flanders | 550 m² | 1 · 138 m² | 9.0 m · 1 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 16,425 EUR awarded · 16,425 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,199 EUR | 2,199 EUR |
| 2022 | 1 | 14,226 EUR | 14,226 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,041. 12,584 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-01-2016
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:ko.projects@telenet.be
Phone:0473/372443