Turnover
≈ €200,000 estimated
The micro format states no turnover.
KDK Projects
Lifetime
1 annual account with figurespeak €31,913 (2025)
€31,913
peak €16,978 (2025)
€16,978
peak €19,978 (2025)
€19,978
€41,334
Board1 name since 2024
1 directorDE KESEL Kevin
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsStarting capital
€3,000 100 shares
Checked score
65
Healthy
Financially stronger than 63% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: 1.9%
02-2026: 1.9%● unchanged vs 01-2026
03-2026: 2.0%▲ +0.1 percentage points vs 02-2026
04-2026: 2.3%▲ +0.3 percentage points vs 03-2026
05-2026: 2.4%▲ +0.1 percentage points vs 04-2026
06-2026: 2.7%▲ +0.3 percentage points vs 05-2026
07-2026: 2.7%● unchanged vs 06-2026
08-2026: 3.0%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 2.9%▼ -0.1 percentage points vs 08-2026
10-2026: 1.4%▼ -1.5 percentage points vs 09-2026lowest value
11-2026: 1.4%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Size: total assets €61,312
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 1.22, cash €11,667
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 34% of them on solvency, 62% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as KDK Projects has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of KDK Projects itself is higher: 1.4% within 12 months. It rests on far more data about KDK Projects than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for KDK Projects. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.22, below the usual 1.5. Short-term debt is 26.6% and cash 19% of total assets. 67.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 30-06-2026, 31 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
31 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1017858909
Incorporation
Founding capital of €3,000, 100 shares · Founder: DE KESEL Kevin · Appointment: DE KESEL Kevin (director) · published on 27-12-2024 · Gazette deed
First establishment
Maasstraat 37, Kinrooi
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KDK Projects Kinrooi | €61,312 | €31,913 | 32.6% | - |
| All in and out Sint-Pieters-Leeuw | €95,936 | €36,496 | 34.4% | 0 |
| WATERPROOF EUROPE Sint-Genesius-Rode | €114,969 | €32,798 | 94.9% | - |
| NBH CONSTRUCT Evere | €66,282 | €63,225 | 60.4% | - |
| BATISOLUTIONS Assesse | €65,261 | €55,488 | 68.3% | - |
| MOLDI Sint-Genesius-Rode | €78,185 | €49,450 | 50.7% | - |
| UMOR Diest | €32,368 | €46,700 | 50.0% | - |
These companies have the same main activity as KDK Projects: specialised construction activities (NACE 43421). They are comparable in size and age: total assets between €32,400 and €115,000, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 23-12-2024Normal situation
- Activity
- Specialised construction activitiesNACE 43421and 3 others
- Establishment unit
- 2.368.223.9203640 Kinrooi, since 23-12-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2024
Annual accounts 2025
- €61,312
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on KDK Projects
KDK Projects has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19,978 and a net result of €16,978.
Its solvency ranks better than 34% of 35,136 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about KDK Projects
- What is the company number of KDK Projects?
- The company number of KDK Projects is 1017.858.909. The VAT number is the same number with BE in front: BE 1017.858.909.
- Where is KDK Projects based?
- The registered office is at Maasstraat 37, 3640 Kinrooi.Company details
- What does KDK Projects do?
- According to the KBO register, the main activity is specialised construction activities (NACE 43421).
- What is the legal form of KDK Projects?
- KDK Projects is a private limited company (BV).
- When was KDK Projects founded?
- KDK Projects was founded on 23-12-2024.
- Is KDK Projects still active?
- Yes, KDK Projects is an active enterprise in the KBO register.
- What is the turnover of KDK Projects?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €31,913 and 353 comparable companies (NACE 43). It probably lies between €130,000 and €340,000.Financials
- Is KDK Projects profitable?
- In financial year 2025, KDK Projects made a profit of €16,978.
- Where can I find the annual accounts of KDK Projects?
- KDK Projects filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.