K&Y Projects
ActiveThe computed 12-month bankruptcy probability of K&Y Projects is 2.2% (moderate). The 2025 annual accounts show equity of €29k and a net result of €5k. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 17% of 27619 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+3
Solvency39▼-5
Growth52=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.3 against 0.48 in 2024; short-term debt: 51.2% of total assets), and 86.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
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
13.7%
Return on assets
2.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 27619 sector peers (2025).
NBB · sector comparisonPosition among 27619 sector peers
Solvency
better than 17%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
on the day
2024
17 d early
2023
13 d early
2022
11 d early
← 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, micro schema
Equity
€29k▲ 23.0%
2024 · €24k
2022: €16k
2023: €23k
2024: €24k
2022 → 2025
Total assets
€213k▲ 69.0%
2024 · €126k
2022: €109k
2023: €107k
2024: €126k
2022 → 2025
Net result
€5k▲ 991%
2024 · €499
2022: €14k
2023: €7k
2024: €499
2022 → 2025
Working capital
€-76k▼ 94.1%
2024 · €-39k
2022: €-15k
2023: €-3k
2024: €-39k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€16k-€23k▲ 41.1%€24k▲ 2.2%€29k▲ 23.0%
Operating result€16k-€16k▲ 1.0%€-4k€9k
Net result€14k-€7k▼ 53.2%€499▼ 92.6%€5k▲ 991%
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 2025: €9k after a loss of €4k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €213k
Fixed assets
€180k▲ 101%
Current assets
€33k▼ 10.1%
Equity and liabilities €213k
Equity
€29k▲ 23.0%
Debt
€184k▲ 79.6%
The debt ratio rises from 81.2% to 86.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€42k▲
2024 · €24k
Cash flow
€38k▲
2024 · €28k
Solvency
13.7%▼
2024 · 18.8%
Current ratio
0.30▼
2024 · 0.48
Quick ratio
0.05▼
2024 · 0.08
Debt / equity
6.31▲
2024 · 4.32
ROE
18.7%▲
2024 · 2.1%
ROA
2.6%▲
2024 · 0.4%
Interest coverage
12.93▲
2024 · 9.63
Debt
€184k▲
2024 · €102k
Debt ≤ 1 year
€109k▲
2024 · €76k
Debt > 1 year
€75k▲
2024 · €27k
Income taxes
€1k▲
2024 · €1k
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€126k€213k▲
Fixed assets21/28€90k€180k▲
Tangible fixed assets22/27€90k€180k▲
Plant, machinery and equipment23€2k€8k▲
Furniture and vehicles24€87k€172k▲
Current assets29/58€36k€33k▼
Stocks and contracts in progress3€30k€28k▼
Stocks30/36€9k€9k▼
Contracts in progress37€21k€19k▼
Amounts receivable within one year40/41€4k€3k▼
Trade receivables40€4k€2k▼
Other amounts receivable41€755€2k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€126k€213k▲
Equity10/15€24k€29k▲
Contributions10/11€2k€2k=
Capital10€2k-
Issued capital100€2k-
Reserves13€10k€27k▲
Distributable reserves133€10k€27k▲
Profit (loss) carried forward14€12k€0▼
Amounts payable17/49€102k€184k▲
Amounts payable after more than one year17€27k€75k▲
Financial debts170/4€27k€75k▲
Amounts payable within one year42/48€76k€109k▲
Current portion of amounts payable after more than one year42€11k€26k▲
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€7k€22k▲
Suppliers440/4€7k€22k▲
Taxes, remuneration and social security45€5k€13k▲
Taxes450/3€5k€10k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48€53k€44k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€32k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€27k€44k▲
Operating profit (loss)9901€-4k€9k▲
Financial income75/76B€2k€776▼
Recurring financial income75€2k€776▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€-4k€7k▲
Transfer from deferred taxes780€6k€0▼
Income taxes67/77€1k€1k▲
Profit (loss) for the period9904€499€5k▲
Profit (loss) for the period to be appropriated9905€499€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€17k▲
Profit (loss) brought forward from the previous period14P€11k€12k▲
Transfer to equity691/2-€17k
To other reserves6921-€17k
The notes to these accounts (11 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €499 ▼92.6%
Net result drops to €499, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
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, Zonhoven · 1 establishment unit since 2021
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.
Wijvestraat 713520 ZonhovenGround area
2,050 m²
Building footprint
262 m²
Volume, LiDAR
1,204 m³
Parcel 71066B0952/00K049, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
K&Y Projects
since 20212.321.715.784
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71066B0952/00K049 | Flanders | 2,050 m² | 1 · 262 m² | 7.4 m · 2 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 · 451 EUR awarded · 451 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 352 EUR |
| 2022 | 1 | 451 EUR | 99 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,294 companies in sector 43350 we hold annual accounts for 2,361. 1,900 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-09-2021
Fiscal year end31-12
Activities, NACEBEL
43350Other building finishing work
43331Floor and wall tiling
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.