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Kelvin Projects

Active
Private limited companyfounded 2019active for 7 yearsKempenlaan 2A, 2300 Turnhout, BelgiumKBO/BCE: BE 0735.763.905
Summary

Kelvin Projects has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €117,567 and a net result of -€777. Equity has been stable since 2020 (±1.7% per year). Its solvency ranks better than 59% of 9,662 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 07-10-2019 Normal situation
Registered office
28 active companies are registered at this address 5 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity
Other business support services NACE 82990
Establishment unit
2.295.204.102 2350 Vosselaar, since 07-10-2019
Financial year end
31 December
Peppol
Reachable since 15-09-2025

Board and ownership

Board
  • LEEN HartwinDirector

Financial position

84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
-€14
▲ 99.1%
Loss
€777
▼ 65.6%
Equity
€117,567
▼ 0.7%
Total assets
€194,018
▼ 0.2%
Turnover not published (abbreviated or micro format)
Filed on 05-06-2026, 56 days before the deadline
Score breakdownraises riskLiquidity: current ratio 0.12, cash €5,531Founded in 2019lowers riskSector: Office administrative, office support and other business support activities (NACE 82)Size: total assets €194,018Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 35% of micro companies in office administrative support (NACE 82)
Financial strength · tick: 2024
Average
Solvency 86=
equity 60.6% of total assets
Liquidity 35-2
short-term debt 39.4% · cash 2.9%
Profitability 36+1
return on assets -0.4%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,670 companies, NACE 82, micro)
Last 24 months 12-2024: 0.8%highest value 01-2025: 0.7%▼ -0.1 percentage points vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.3%▼ -0.4 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.2%▼ -0.1 percentage points vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.12 (0.12 in 2024), below 1. Short-term debt is 39.4% and cash 2.9% of total assets. 39.4% of the assets are financed with debt and provisions.
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 82, micro). It does better than 60% of them on solvency, 20% on liquidity, 21% on profitability and 37% on growth.

The bankruptcy probability was computed on 01-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
raises risk · Liquidity: current ratio 0.12, cash €5,531
NBB · annual accounts
lowers risk · Size: total assets €194,018
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
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 05-06-2026, 56 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
56 days early
2024
14 days early
2023
21 days early
2022
21 days early
2021
24 days early
2020
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 27 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€777 View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View

Recent changes

  1. · Gazette deed Registered office moved from Vosselaar to Turnhout
  2. · Gazette deed Incorporation
All 10 events

Comparable companies

These companies have the same main activity as Kelvin Projects: other business support services (NACE 82990). They are comparable in size and age: total assets between €160,000 and €227,000, founded between 2018 and 2020.

CompanyTotal assetsGross margin
Kelvin Projects Turnhout€194,018-€14
Rialto Project Management Antwerpen€196,292€1,000
BRIMO PROJECTS Antwerpen€221,162-€1,399
3W SELECT Antwerpen€160,132-€57,168
WYBEO Namur€204,435-€9,194
Carol'Or Charleroi€205,874-€419
SWITCH4U Lommel€227,465-€377,552
Full comparison

Key facts about Kelvin Projects

What is the company number of Kelvin Projects?
The company number of Kelvin Projects is 0735.763.905. The VAT number is the same number with BE in front: BE 0735.763.905.
Where is Kelvin Projects based?
The registered office is at Kempenlaan 2A, 2300 Turnhout.Company details
What does Kelvin Projects do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of Kelvin Projects?
The legal form of Kelvin Projects is Private limited company (BV).
When was Kelvin Projects founded?
Kelvin Projects was founded on 07-10-2019.
Is Kelvin Projects still active?
Yes, Kelvin Projects is an active enterprise in the KBO register.
What is the turnover of Kelvin Projects?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
Is Kelvin Projects profitable?
In financial year 2025, Kelvin Projects made a loss of €777.
Where can I find the annual accounts of Kelvin Projects?
Kelvin Projects filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Kelvin Projects due?
Kelvin Projects must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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