K&S PROJECTS
ActiveSummary
The computed 12-month bankruptcy probability of K&S PROJECTS is 1.5% (moderate). The 2025 annual accounts show equity of €43,513 and a net result of -€24,714. Equity has been growing by about 34% per year since 2018. Its solvency ranks better than 28% of 34,972 sector peers (NACE 43, financial year 2025). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 23-04-2012 Normal situation
- Activity
- Joinery installation NACE 43320and 2 others
- Establishment unit
- 2.209.402.355 8510 Kortrijk, since 23-04-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 31-08-2023
Board and ownership
- Kevin VanwynsbergheDirector · since 23-04-2012
- Sophie Vanden BulckeDirector · since 23-04-2012
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.5%
- Gross margin
- €70,173
- ▼ 65.8%
- Turnover
- ≈ €280,000
- estimated
- Loss
- €24,714
- Equity
- €43,513
- ▼ 36.2%
- Total assets
- €166,500
- ▼ 6.5%
- Employees on 31-12-2025
- 2
- ▼ 33.3%
Score breakdownraises riskLoss of €24,714 (financial year 2025)Liquidity: current ratio 1.34, cash €3, halvedSector: Specialised construction activities (NACE 43)lowers riskSize: total assets €166,500Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 28% of them on solvency, 6% on liquidity, 8% on profitability and 12% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 49 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Changes of role: Kevin Vanwynsberghe (director) and Sophie Vanden Bulcke (director)“nieuw voorwerp als luidend in U7-U22” (deed in Dutch) · Director discharge: Kevin Vanwynsberghe · Director discharge: Sophie Vanden Bulcke
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as K&S PROJECTS: joinery installation (NACE 43320). They are comparable in size and age: total assets between €137,000 and €193,000, founded between 2011 and 2013.
| Company | Total assets | Gross margin |
|---|---|---|
| K&S PROJECTS Kortrijk | €166,500 | €70,173 |
| JOHNY VANLUCHENE-PICKAVET Ledegem | €142,125 | €65,317 |
| DEPESTEL JONATHAN Jabbeke | €137,260 | €76,295 |
| VL PARQUETS Sint-Pieters-Leeuw | €167,489 | €73,335 |
| PROHOUSE Antwerpen | €163,854 | €71,238 |
| IFK-PROJECTS Alken | €167,277 | €80,766 |
| Joeri Eylenbosch Lochristi | €192,919 | €65,603 |
Key facts about K&S PROJECTS
- What is the company number of K&S PROJECTS?
- The company number of K&S PROJECTS is 0845.610.465. The VAT number is the same number with BE in front: BE 0845.610.465.
- Where is K&S PROJECTS based?
- The registered office is at Kazernestraat(Koo) 4, 8510 Kortrijk.Company details
- What does K&S PROJECTS do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of K&S PROJECTS?
- The legal form of K&S PROJECTS is Private limited company (BV).
- When was K&S PROJECTS founded?
- K&S PROJECTS was founded on 23-04-2012.
- Is K&S PROJECTS still active?
- Yes, K&S PROJECTS is an active enterprise in the KBO register.
- How many employees does K&S PROJECTS have?
- K&S PROJECTS had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of K&S PROJECTS?
- The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €70,173 and 38 comparable companies (NACE 43320). It probably lies between €210,000 and €440,000.
- Is K&S PROJECTS profitable?
- In financial year 2025, K&S PROJECTS made a loss of €24,714.
- Where can I find the annual accounts of K&S PROJECTS?
- K&S PROJECTS filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of K&S PROJECTS due?
- K&S PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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