KB PROJECTS
The computed 12-month bankruptcy probability of KB PROJECTS is 3.1% (moderate). The 2025 annual accounts show negative equity (€-65k) and a net result of €-199k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 322 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-65k |
| Net result | €-199k |
| Staff (FTE) | 15.6 |
| Better than sector | 5% |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -9.0% | 38.7% | |
| Net result | €-199k | €40k | |
| Equity | €-65k | €180k | |
| Gross operating margin | €809k | €211k | |
| Staff costs | €901k | €211k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €-98k |
| Net profit | €-199k |
| Cash flow | €-137k |
| Staff costs | €901k |
| Income taxes | €139 |
| Dividends | - |
| Total assets | €720k |
| Equity | €-65k |
| Debt | €784k |
| of which ≤ 1y | €735k |
| of which > 1y | €48k |
| Working capital | €-120k |
| Employees (FTE) | 15.6 |
| 2025 | |
|---|---|
| Current ratio | 0.84 |
| Quick ratio | 0.61 |
| Working capital ratio | -16.7% |
| Solvency | -9.0% |
| Debt / equity | -12.13 |
| Long-term debt ratio | -0.74 |
| Interest coverage | -2.52 |
| Gross margin | - |
| Net margin | - |
| ROA | -27.6% |
| ROE | 307.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €720k |
| Fixed assets | 21/28 | €105k |
| Tangible fixed assets | 22/27 | €104k |
| Financial fixed assets | 28 | €623 |
| Current assets | 29/58 | €615k |
| Stocks & contracts in progress | 3 | €166k |
| Amounts receivable within one year | 40/41 | €266k |
| Cash & bank | 54/58 | €146k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €720k |
| Equity | 10/15 | €-65k |
| Contributions / capital | 10/11 | €15k |
| Reserves | 13 | €0 |
| Accumulated profits (losses) | 14 | €-80k |
| Amounts payable | 17/49 | €784k |
| Amounts payable after one year | 17 | €48k |
| Amounts payable within one year | 42/48 | €735k |
| Trade debts payable within one year | 44 | €374k |
| Income statement | ||
| Gross operating margin | 9900 | €809k |
| Operating result | 9901 | €-160k |
| Financial income | 75 | €698 |
| Financial charges | 65 | €39k |
| Result before taxes | 9903 | €-199k |
| Income taxes | 67/77 | €139 |
| Net result for the period | 9904 | €-199k |
| Result to be appropriated | 9905 | €-199k |
| NACE primary | Specialised construction(43341) |
| Legal form | Private limited company(610) |
| Incorporation | 18-01-2021 |
| Status | Active |
| Postal code | 8210 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31017A0462/00B000 | Flanders | 606 m² | 1 · 45 m² | 6.8 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
21-03-2024 Registered office moved from Brugge to Loppem
- Weinebruggelaan 30, 8200 Sint-Michiels → Rolleweg 26, 8210 Loppem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Rolleweg 26, 8210 Loppem",
"city": "Loppem",
"region": "vlaams_gewest",
"street": "Rolleweg",
"country": "BE",
"postcode": "8210",
"box_number": null,
"street_number": "26",
"locality_suffix": null
},
"old_address": {
"raw": "Weinebruggelaan 30, 8200 Sint-Michiels",
"city": "Brugge",
"region": "vlaams_gewest",
"street": "Weinebruggelaan",
"country": "BE",
"postcode": "8200",
"box_number": null,
"street_number": "30",
"locality_suffix": null
},
"effective_date": "2024-01-23",
"evidence_quote": "Met eenparigheid van stemmen wordt beslist dat op 23/01/2024 de maatschappelijke zetel wordt verplaatst van de Weinebruggelaan 30, 8200 Brugge naar de Rolleweg 26, 8210 Loppem.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-03-21",
"filing_date": "2024-02-03",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2024-01-23",
"unanimous": true
},
"subject_company": {
"kbo": "0761.748.324",
"name_full": "KB Projects",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Beukelaer Kenneth",
"org_rep_person_name": null,
"person_role_at_subject": "Aandeelhouder"
},
"co_filed_documents": [
"Annexes du Moniteur belge"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | KB PROJECTS |