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KIRO-PROJECTS

Active
Private limited companyfounded 2021active for 5 yearsLindekensstraat 52, 9280 Lebbeke, BelgiumKBO/BCE: BE 0764.544.991
Summary

KIRO-PROJECTS has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€53,812) and a net result of -€6,430. Equity has been shrinking by about 88% per year since 2022. Its solvency ranks better than 9% of 17,145 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Official details

Source: KBO
Status
Active since 02-03-2021 Normal situation
Activity
Development of residential building projects NACE 68121and 5 others
Establishment unit
2.314.311.023 9280 Lebbeke, since 02-03-2021
Financial year end
31 March
Peppol
Reachable since 19-01-2026

Board and ownership

Board
  • Buys KimDirector
  • Robberecht GertDirector

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Annual accounts to 31-03-2025
Gross margin
-€3,665
▲ 81.1%
Loss
€6,430
▼ 86.3%
Equity
-€53,812
▼ 13.6%
Total assets
€183,586
▼ 2.2%
  • Negative equity on 31-03-2025
  • 2026 accounts not filed, 2 days past the deadline
Turnover not published (micro format)
Score breakdownraises riskCapped at 59: negative equityFigures for financial year 2025 (filed on 03-10-2025)Negative equity -€53,812lowers riskSector: Real estate activities (NACE 68)Size: total assets €183,586Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 15% of micro companies in real estate (NACE 68)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -29.3% of total assets
Liquidity 1-3
short-term debt 129.3% · cash 0.9%
Profitability 29+29
return on assets -3.5%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,625 companies, NACE 68, micro)
Last 24 months 12-2024: 1.0% 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.0%● unchanged vs 06-2025 08-2025: 1.1%▲ +0.1 percentage points vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 0.8%▼ -0.3 percentage points vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026lowest value 07-2026: 0.8%● unchanged vs 06-2026lowest value 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 1.0%▲ +0.2 percentage points vs 09-2026 11-2026: 1.2%▲ +0.2 percentage points vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.77 (0.8 in 2024), below 1. Short-term debt is 129.3% and cash 0.9% of total assets. Equity is negative.
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 68, micro). It does better than 5% of them on solvency, 4% on liquidity, 25% on profitability and 25% 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

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Size: total assets €183,586
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 · Figures for financial year 2025 (filed on 03-10-2025)
NBB · annual accounts
raises risk · Negative equity -€53,812
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year -€53,812
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 02-10-2025, 29 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2026
not filed
2025
29 days early
2024
28 days late
2023
on the day
2022
11 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 3 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€53,812 View
  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€6,430 View
  • Caution: Lower solvency than 91% of companies in real estatesector median 29.0% · 17,145 companies -29.3% View

Recent changes

  1. · Gazette deed Incorporation
All 6 events

Comparable companies

These companies have the same main activity as KIRO-PROJECTS: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €167,000 and €221,000, founded between 2020 and 2021.

CompanyTotal assetsGross margin
KIRO-PROJECTS Lebbeke€183,586-€3,665
Ter Veldbloemen Gent€166,732-€21,168
Kouters Development Gent€206,324-€5,303
Calevoet Development Deinze€221,491-€7,740
JAVA Investments Middelkerke€182,895-€16,347
REVO Projectbouw Zonhoven€191,280-€2,179
ARE Invest Malmedy€167,844-€1,082
Full comparison

Key facts about KIRO-PROJECTS

What is the company number of KIRO-PROJECTS?
The company number of KIRO-PROJECTS is 0764.544.991. The VAT number is the same number with BE in front: BE 0764.544.991.
Where is KIRO-PROJECTS based?
The registered office is at Lindekensstraat 52, 9280 Lebbeke.Company details
What does KIRO-PROJECTS do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of KIRO-PROJECTS?
The legal form of KIRO-PROJECTS is Private limited company (BV).
When was KIRO-PROJECTS founded?
KIRO-PROJECTS was founded on 02-03-2021.
Is KIRO-PROJECTS still active?
Yes, KIRO-PROJECTS is an active enterprise in the KBO register.
What is the turnover of KIRO-PROJECTS?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is KIRO-PROJECTS profitable?
In financial year 2025, KIRO-PROJECTS made a loss of €6,430.
Where can I find the annual accounts of KIRO-PROJECTS?
KIRO-PROJECTS filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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