KA-Projects
ActiveSummary
KA-Projects has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €188 and a net result of €26k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91▼-8
Solvency25▼-75
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
0.1%
Return on assets
17.8%
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 10% of 31791 sector peers (2025).
NBB · sector comparisonPosition among 31791 sector peers
Solvency
better than 10%
← 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 24-03-2026, 129 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
129 d early
2024
41 d early
2023
58 d early
2022
14 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€188▼ 99.8%
2024 · €114k
Total assets
€146k▲ 20.5%
2024 · €121k
Net result
€26k▼ 10.2%
2024 · €29k
Working capital
€-31k
2024 · €74k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€57k-€54k▼ 5.8%€39k▼ 27.4%€36k▼ 8.3%
Net result€45k-€40k▼ 12.0%€29k▼ 27.6%€26k▼ 10.2%
Equity€45k-€85k▲ 87.8%€114k▲ 33.8%€188▼ 99.8%
Total assets€63k-€95k▲ 49.3%€121k▲ 27.9%€146k▲ 20.5%
Debt€18k-€9k▼ 47.8%€7k▼ 26.3%€146k▲ 2,002%
Working capital€43k-€84k▲ 93.8%€74k▼ 11.8%€-31k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 8% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €146k
Fixed assets
€31k ▼ 23.3%
Current assets
€115k ▲ 42.3%
Equity and liabilities €146k
Equity
€188 ▼ 99.8%
Debt
€146k ▲ 2,002%
Debt's share of the balance-sheet total rises from 5.7% to 99.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€45k▲
2024 · €44k
Cash flow
€35k▲
2024 · €34k
Current ratio
0.79▼
2024 · 11.65
ROA
17.8%▼
2024 · 23.8%
Interest coverage
626.98▼
2024 · 652.61
Debt ≤ 1 year
€146k▲
2024 · €7k
Income taxes
€10k▼
2024 · €10k
Equity ratios withheld: equity of €188 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €708 | €5k | €9k | ▲ 99.4% |
| Other operating charges640/8 | €1k | €448 | €658 | €867 | ▲ 31.7% |
| Gross operating margin9900 | €60k | €55k | €44k | €46k | ▲ 3.6% |
| Operating profit (loss)9901 | €57k | €54k | €39k | €36k | ▼ 8.3% |
| Financial income75/76B | €5 | €0 | - | - | - |
| Recurring financial income75 | €5 | €0 | - | - | - |
| Financial charges65/66B | €60 | €55 | €67 | €72 | ▲ 7.4% |
| Recurring financial charges65 | €60 | €55 | €67 | €72 | ▲ 7.4% |
| Profit (loss) for the period before taxes9903 | €57k | €54k | €39k | €36k | ▼ 8.3% |
| Income taxes67/77 | €12k | €14k | €10k | €10k | ▼ 3.2% |
| Profit (loss) for the period9904 | €45k | €40k | €29k | €26k | ▼ 10.2% |
| Profit (loss) for the period to be appropriated9905 | €45k | €40k | €29k | €26k | ▼ 10.2% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €63k | €95k | €121k | €146k | ▲ 20.5% |
| Fixed assets21/28 | €2k | €1k | €40k | €31k | ▼ 23.3% |
| Tangible fixed assets22/27 | €2k | €1k | €40k | €31k | ▼ 23.3% |
| Furniture and vehicles24 | €2k | €1k | €40k | €31k | ▼ 23.3% |
| Current assets29/58 | €61k | €93k | €81k | €115k | ▲ 42.3% |
| Amounts receivable within one year40/41 | €10k | €8k | €10k | €7k | ▼ 28.0% |
| Trade receivables40 | €8k | €8k | €7k | €6k | ▼ 4.8% |
| Other amounts receivable41 | €2k | €0 | €3k | €485 | ▼ 82.8% |
| Cash at bank and in hand54/58 | €51k | €85k | €70k | €107k | ▲ 52.8% |
| Deferred charges and accrued income490/1 | - | - | €1k | €934 | ▼ 16.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €63k | €95k | €121k | €146k | ▲ 20.5% |
| Equity10/15 | €45k | €85k | €114k | €188 | ▼ 99.8% |
| Contributions10/11 | €100 | €100 | €100 | €100 | = |
| Reserves13 | €45k | €85k | €114k | €88 | ▼ 99.9% |
| Distributable reserves133 | €45k | €85k | €114k | €88 | ▼ 99.9% |
| Profit (loss) carried forward14 | - | - | - | €0 | - |
| Amounts payable17/49 | €18k | €9k | €7k | €146k | ▲ 2,002% |
| Amounts payable within one year42/48 | €18k | €9k | €7k | €146k | ▲ 2,002% |
| Trade debts44 | €236 | €261 | €244 | €257 | ▲ 5.5% |
| Suppliers440/4 | €236 | €261 | €244 | €257 | ▲ 5.5% |
| Taxes, remuneration and social security45 | €3k | €5k | €4k | €43 | ▼ 99.0% |
| Taxes450/3 | €1k | €3k | €3k | €27 | ▼ 99.0% |
| Remuneration and social security454/9 | €2k | €2k | €2k | €16 | ▼ 99.0% |
| Other amounts payable47/48 | €15k | €4k | €2k | €146k | ▲ 5,749% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €45k | €40k | €29k | €26k | ▼ 10.2% |
| + Depreciation and write-downs630 | €2k | €708 | €5k | €9k | ▲ 99.4% |
| Operating cash flow (approximation) | €47k | €41k | €34k | €35k | ▲ 5.2% |
| Investment in fixed assets (approximation) | - | €0 | €-44k | €0 | ▲ 100% |
| Change in cash | - | €34k | €-15k | €37k | ▲ 350% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €26k ▼10.2%
Net result drops to €26k, the lowest in the series.
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €114k ▲33.8%
3 profitable years in a row build equity to €114k.
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 9.91
Current ratio from 3.40 to 9.91; short-term debt falls from €18k to €9k.
17-07
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.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Lennik · 1 establishment unit since 2021
Ground area
6,840 m²
Building footprint
298 m²
Volume, LiDAR
1,336 m³
Parcel 23072G0137/00G000, Flanders · tallest building 7.3 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
KA-Projects
since 20212.322.410.523
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23072G0137/00G000 | Flanders | 6,840 m² | 1 · 298 m² | 7.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 5,710 companies in sector 70100 we hold annual accounts for 3,495. 61 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
71111Activities of building architects
Scores and ratios are computed by Checked and are not a credit decision.