KIRO-PROJECTS
ActiveKIRO-PROJECTS has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-54k) and a net result of €-6k. Equity is shrinking by ~87.7% per year across the filed fiscal years. Its solvency ranks better than 9% of 13936 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
30
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▲+29
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.77 against 0.8 in 2024; short-term debt: 129.3% and cash: 0.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-29.3%
Return on assets
-3.5%
Age of the figures
18 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-54k
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 filingsDeviation from the deadline
2025
29 d early
2024
28 d late
2023
on the day
2022
11 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close17-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-54k▼ 13.6%
2024 · €-47k
2022: €2k
2023: €-553
2024: €-47k
2022 → 2025
Total assets
€184k▼ 2.2%
2024 · €188k
2022: €41k
2023: €478k
2024: €188k
2022 → 2025
Net result
€-6k▲ 86.3%
2024 · €-47k
2022: €-3k
2023: €-2k
2024: €-47k
2022 → 2025
Working capital
€-54k▼ 13.6%
2024 · €-47k
2022: €2k
2023: €-553
2024: €-47k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€2k-€-553€-47k▼ 8,472%€-54k▼ 13.6%
Operating result€-3k-€-2k▲ 24.7%€-20k▼ 736%€-4k▲ 79.7%
Net result€-3k-€-2k▲ 24.7%€-47k▼ 1,864%€-6k▲ 86.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €20k in 2024; the loss shrinks.
Key figures and ratios
Solvency
-29.3%▼
2024 · -25.2%
Current ratio
0.77▼
2024 · 0.80
Quick ratio
0.01▼
2024 · 0.09
Debt / equity
-4.41▲
2024 · -4.96
ROA
-3.5%▲
2024 · -24.9%
Debt
€237k▲
2024 · €235k
Debt ≤ 1 year
€237k▲
2024 · €235k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€188k€184k▼
Current assets29/58€188k€184k▼
Stocks and contracts in progress3€166k€181k▲
Stocks30/36€166k€181k▲
Amounts receivable within one year40/41€17k€685▼
Trade receivables40€15k-
Other amounts receivable41€1k€685▼
Cash at bank and in hand54/58€5k€2k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€188k€184k▼
Equity10/15€-47k€-54k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-52k€-59k▼
Amounts payable17/49€235k€237k▲
Amounts payable within one year42/48€235k€237k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€10k€13k▲
Suppliers440/4€10k€13k▲
Advances received on contracts in progress46€3k-
Other amounts payable47/48€222k€224k▲
Income statement
Code20242025
Other operating charges640/8€553€387▼
Gross operating margin9900€-19k€-4k▲
Operating profit (loss)9901€-20k€-4k▲
Financial income75/76B€67€300▲
Recurring financial income75€67€300▲
Financial charges65/66B€27k€3k▼
Recurring financial charges65€27k€3k▼
Profit (loss) for the period before taxes9903€-47k€-6k▲
Profit (loss) for the period9904€-47k€-6k▲
Profit (loss) for the period to be appropriated9905€-47k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-52k€-59k▼
Profit (loss) brought forward from the previous period14P€-6k€-52k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
02-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
31-03
Financial
Weakest financial yearnet €-47k
Net result drops to €-47k, the lowest in the series; recovery starts the following year.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
20-10
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.
Directors · office · real estate
Directors
1 act for this company is 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, Lebbeke · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lindekensstraat 529280 LebbekeGround area
2,889 m²
Building footprint
375 m²
Volume, LiDAR
1,891 m³
Parcel 42322C0625/02M000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KIRO-PROJECTS
since 20212.314.311.023
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42322C0625/02M000 | Flanders | 2,889 m² | 1 · 375 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
B&K Renting
BE 1013.492.226
Pajottegem · Eq €2k
DEVALCO
BE 0884.500.636
Brussel · Eq €2k
Urban Renaissance Partners
BE 0800.145.476
Burdinne · Eq €2k
ISM BASTOGNE PROJET
BE 0782.564.227
Mons · Eq €2k
ADS Projects
BE 0787.625.548
Rotselaar · Eq €2k
Of 9,697 companies in sector 68121 we hold annual accounts for 7,378. 1,214 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-03-2021
Fiscal year end31-03
Activities, NACEBEL
68121Development of residential building projects
41001General construction of residential buildings
43240Other construction installation
43299Specialised construction activities
43350Other building finishing work
43990Other specialised construction activities
43999Specialised construction activities
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.