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KJF PROJECTS

Active
Private limited companyfounded 20242 yrs activeLuxemburgstraat 20, 9140 Temse, BelgiumKBO/BCE: BE 1008.826.229
Summary

The computed 12-month bankruptcy probability of KJF PROJECTS is 2.4% (moderate). The 2025 annual accounts show equity of €7,730 and a net result of €6,730. Its solvency ranks better than 10% of 28281 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability53
Solvency28
Growth-
Track record67
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.02; short-term debt: 73.2% and cash: 11.4% of total assets), and 97.5% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
2.5%
Return on assets
2.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 28281 sector peers (2025).
NBB · sector comparison
Position among 28281 sector peers
Solvency
better than 10%
← weakest strongest →
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 22-07-2026, 9 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
9 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 26 April 2024, KJF PROJECTS was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€7,730
Total assets
€303,955
Net result
€6,730
Working capital
€3,604

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €303,955
Fixed assets €77,998
Current assets €225,957
Equity and liabilities €303,955
Equity €7,730
Debt €296,225
Debt finances 97.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€61,337
Cash flow
€43,054
Current ratio
1.02
Debt to equity
38.32
ROE
87.1%
ROA
2.2%
Interest coverage
3.80
Debt ≤ 1 year
€222,353
Debt > 1 year
€73,871
Income taxes
€2,202
Staff costs
€51,997

Peer companies

Historical observation

Of the 2,135 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
5.2% went bankrupt
2.3% stopped otherwise
92% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,135 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 47 lines
Balance sheet Code2025
Assets
Total assets20/58€303,955
Fixed assets21/28€77,998
Intangible fixed assets21€3,619
Tangible fixed assets22/27€65,103
Plant, machinery and equipment23€14,818
Furniture and vehicles24€50,285
Financial fixed assets28€9,276
Current assets29/58€225,957
Amounts receivable after more than one year29€400
Trade receivables290€400
Amounts receivable within one year40/41€185,916
Trade receivables40€164,661
Other amounts receivable41€21,255
Cash at bank and in hand54/58€34,796
Deferred charges and accrued income490/1€4,845
Equity and liabilities
Total equity and liabilities10/49€303,955
Equity10/15€7,730
Contributions10/11€1,000
Profit (loss) carried forward14€6,730
Amounts payable17/49€296,225
Amounts payable after more than one year17€73,871
Financial debts170/4€73,871
Amounts payable within one year42/48€222,353
Current portion of amounts payable after more than one year42€123,916
Financial debts43€2,570
Credit institutions430/8€2,570
Trade debts44€86,934
Suppliers440/4€86,934
Taxes, remuneration and social security45€2,702
Taxes450/3€2,202
Remuneration and social security454/9€500
Other amounts payable47/48€6,231
Income statement Code2025
Remuneration, social security and pensions62€51,997
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36,324
Other operating charges640/8€1,777
Non-recurring operating charges66A€5,173
Gross operating margin9900€120,284
Operating profit (loss)9901€25,013
Financial income75/76B€58
Recurring financial income75€58
Financial charges65/66B€16,139
Recurring financial charges65€16,139
Profit (loss) for the period before taxes9903€8,933
Income taxes67/77€2,202
Profit (loss) for the period9904€6,730
Profit (loss) for the period to be appropriated9905€6,730
Appropriation of the result
Profit (loss) to be appropriated9906€6,730

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€51,997
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36,324
Other operating charges640/8€1,777
Non-recurring operating charges66A€5,173
Gross operating margin9900€120,284
Operating profit (loss)9901€25,013
Financial income75/76B€58
Recurring financial income75€58
Financial charges65/66B€16,139
Recurring financial charges65€16,139
Profit (loss) for the period before taxes9903€8,933
Income taxes67/77€2,202
Profit (loss) for the period9904€6,730
Profit (loss) for the period to be appropriated9905€6,730
Line2025
Assets
Total assets20/58€303,955
Fixed assets21/28€77,998
Intangible fixed assets21€3,619
Tangible fixed assets22/27€65,103
Plant, machinery and equipment23€14,818
Furniture and vehicles24€50,285
Financial fixed assets28€9,276
Current assets29/58€225,957
Amounts receivable after more than one year29€400
Trade receivables290€400
Amounts receivable within one year40/41€185,916
Trade receivables40€164,661
Other amounts receivable41€21,255
Cash at bank and in hand54/58€34,796
Deferred charges and accrued income490/1€4,845
Equity and liabilities
Total equity and liabilities10/49€303,955
Equity10/15€7,730
Contributions10/11€1,000
Profit (loss) carried forward14€6,730
Amounts payable17/49€296,225
Amounts payable after more than one year17€73,871
Financial debts170/4€73,871
Amounts payable within one year42/48€222,353
Current portion of amounts payable after more than one year42€123,916
Financial debts43€2,570
Credit institutions430/8€2,570
Trade debts44€86,934
Suppliers440/4€86,934
Taxes, remuneration and social security45€2,702
Taxes450/3€2,202
Remuneration and social security454/9€500
Other amounts payable47/48€6,231
Line2025
Profit (loss) for the period9904€6,730
+ Depreciation and write-downs630€36,324
Operating cash flow (approximation)€43,054

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
22-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
5 acts for this company are 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, Temse · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
7,219 m²
Building footprint
1,412 m²
Volume, LiDAR
16,298 m³
Parcel 46025B0179/09E000, Flanders · tallest building 16.4 m, ±4 floors. Linked by address, not a title deed.
309 companies at this address See who is registered here
1 establishment unit
Tellus
Luxemburgstraat 20, 9140 TemseDemolition
since 20242.359.186.191
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46025B0179/09E000 Flanders 7,219 m² 1 · 1,412 m² 16.4 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 2,613 EUR awarded · 2,613 EUR paid
Year Entries awardedpaid
2025 1 1,143 EUR1,143 EUR
2024 1 1,470 EUR1,470 EUR
Schemes
2 entries · 2,613 EUR · 2,613 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 8,465 companies in sector 43120 we hold annual accounts for 3,233. 1,302 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded26-04-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
42911Civil engineering
43110Demolition
43230Insulation installation
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID 0208:1008826229
Also 9925:BE1008826229
Registered 18-02-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.